Segment Data & Foreign Operations | Note 6 — Segment Data & Foreign Operations The Company is organized into two operating segments, an Industrial Materials segment and a Construction Materials segment. The segments are distinguished by the nature of the products and how they are delivered to their respective markets. The Industrial Materials segment includes specified products that are used in, or integrated into, another company’s product, with demand typically dependent upon general economic conditions. Industrial Materials products include insulating and conducting materials for wire and cable manufacturers, moisture protective coatings for electronics, laminated durable papers, laminates for the packaging and industrial laminate markets, pulling and detection tapes used in the installation, measurement and location of fiber optic cables and water and natural gas lines, cover tapes essential to delivering semiconductor components via tape and reel packaging, and composite materials and elements. This segment also includes glass-based strength element products designed to allow fiber optic cables to withstand mechanical and environmental strain and stress and which we operated as a joint venture prior to October 31, 2014. Further, beginning January 30, 2015, the Industrial Materials segment includes microspheres, sold under the Dualite brand, and polyurethane dispersions, both obtained through acquisition, and included in the Company’s specialty chemical intermediates product line. The Construction Materials segment is composed of typically project-oriented product offerings that are primarily sold and used as “Chase” branded products. Construction Materials products include protective coatings for pipeline applications, coating and lining systems for use in liquid storage and containment applications, adhesives and sealants used in architectural and building envelope waterproofing applications, high-performance polymeric asphalt additives, and expansion and control joint systems for use in the transportation and architectural markets. The following tables summarize information about the Company’s reportable segments: Three Months Ended Six Months Ended February 29, 2016 February 28, 2015 February 29, 2016 February 28, 2015 Revenue Industrial Materials $ $ $ $ Construction Materials Total $ $ $ $ Income before taxes Industrial Materials $ $ (b) $ (d) $ (b) Construction Materials Total for reportable segments Corporate and common costs (a) (c) (a) (c) Total $ $ $ $ Includes the following costs by segment: Industrial Materials Interest $ $ $ $ Depreciation Amortization Construction Materials Interest $ $ $ $ Depreciation Amortization (a) Includes Randolph, MA facility exit and demolition costs of $209 incurred during the period (b) Includes $49 of expenses related to inventory step-up in fair value related to the January 2015 acquisition of the specialty chemical intermediates product line (c) Includes $584 in expenses related to the January 2015 acquisition of the specialty chemical intermediates product line (d) Includes both a $1,031 gain on sale of our RodPack ® wind energy business contained within our structural composites product line and a $365 write-down on certain other structural composites assets based on usage constraints following the sale, both recognized in November 2015 The Company’s products are sold worldwide. For the quarters ended February 29, 2016 and February 28, 2015, sales from its operations located in the United Kingdom accounted for 11% and 14% of total Company revenue, respectively. In the current fiscal year-to-date period, sales from its operations located in the United Kingdom accounted for 10% of total Company revenue compared to 12% in the same period in fiscal 2015. No other foreign geographic area accounted for more than 10% of consolidated revenue for the three or six month periods ended February 29, 2016 and February 28, 2015. Total assets for the Company’s reportable segments as of February 29, 2016 and August 31, 2015: February 29, August 31, 2016 2015 Total assets Industrial Materials $ $ Construction Materials Total for reportable segments Corporate and common assets Total $ $ As of February 29, 2016 and August 31, 2015, the Company had long-lived assets (that provide future economic benefit beyond the current year or operating period, including buildings, equipment and leasehold improvements) of $ 3,423 and $3,947 , respectively, located in the United Kingdom. These balances exclude goodwill and intangibles of $7,047 and $8,266 , as of February 29, 2016 and August 31, 2015, respectively, associated with its operations in the United Kingdom. |