Segment Reporting Disclosure [Text Block] | SEGMENT INFORMATION The Company considers its operating structure and the types of information subject to regular review by its President and Chief Executive Officer (“CEO”), who is the Chief Operating Decision Maker (“CODM”), to identify reportable segments. The CODM makes decisions, assesses performance and allocates resources by the following current reportable segments: Europe, Middle East and Africa (“EMEA”), United States & Canada (“USCAN”), Latin America (“LATAM”), Asia Pacific (“APAC”), and Engineered Composites ("EC"). The CODM uses net sales to unaffiliated customers, segment gross profit and segment operating income in order to make decisions, assess performance and allocate resources to each segment. Segment operating income does not include items such as restructuring and related costs including accelerated depreciation, asset impairments, or costs and inventory step-up charges related to business acquisitions and integration. Corporate expenses include the compensation of certain personnel, certain audit expenses, Board of Directors related costs, certain insurance costs, costs associated with being a publicly traded entity and other miscellaneous legal and professional fees. The following table summarizes net sales to unaffiliated customers by segment: Three months ended November 30, 2015 2014 (In thousands) EMEA $ 328,096 $ 371,191 USCAN 178,282 144,707 LATAM 45,203 46,181 APAC 45,692 52,974 EC 51,946 — Total net sales to unaffiliated customers $ 649,219 $ 615,053 Below the Company presents gross profit by segment: Three months ended November 30, 2015 2014 (In thousands) EMEA $ 47,684 $ 49,706 USCAN 30,294 24,629 LATAM 9,705 5,650 APAC 7,874 7,250 EC 13,208 — Total segment gross profit 108,765 87,235 Inventory step-up — (341 ) Accelerated depreciation and restructuring related costs (1,877 ) — Costs related to acquisitions and integrations (129 ) (50 ) Lucent costs (1,830 ) — Total gross profit $ 104,929 $ 86,844 Below is a reconciliation of segment operating income to operating income and income from continuing operations before taxes: Three months ended November 30, 2015 2014 (In thousands) EMEA $ 20,153 $ 20,039 USCAN 12,163 11,393 LATAM 5,604 595 APAC 4,307 3,508 EC 4,102 — Total segment operating income 46,329 35,535 Corporate (8,488 ) (7,484 ) Costs related to acquisitions and integrations (1,866 ) (1,053 ) Restructuring and related costs (4,670 ) (5,579 ) Accelerated depreciation (1,453 ) — Inventory step-up — (341 ) Lucent costs (1) (3,706 ) — Operating income 26,146 21,078 Interest expense (13,618 ) (2,359 ) Foreign currency transaction gains (losses) (729 ) (1,099 ) Other income (expense), net (71 ) 254 Income from continuing operations before taxes $ 11,728 $ 17,874 (1) Refer to Note 15 for additional discussion on this matter. Lucent costs of $3.7 million include additional product and manufacturing operational costs for reworking inventory, legal and investigative costs, and dedicated internal personnel costs that would have otherwise been focused on normal operations. Included in USCAN segment results are additional costs of $1.2 million required to produce products to meet customer specifications. Globally, the Company operates in six product families: (1) custom performance colors, (2) engineered composites, (3) masterbatch solutions, (4) engineered plastics, (5) specialty powders and (6) distribution services. The three months ended November 30, 2014 includes a reclassification of revenue between product families to better reflect the way the businesses are managed. The consolidated net sales for these product families are as follows: Three months ended November 30, 2015 2014 (In thousands, except for %'s) Custom Performance Colors $ 46,520 7 % $ 51,298 8 % Engineered Composites 51,946 8 — — Masterbatch Solutions 181,895 28 198,358 33 Engineered Plastics 234,218 36 194,968 32 Specialty Powders 67,422 11 82,357 13 Distribution Services 67,218 10 88,072 14 Total consolidated net sales $ 649,219 100 % $ 615,053 100 % |