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Segment Information
 9 Months Ended
May 31, 2025
Segment Reporting [Abstract]  
Segment Information Segment Information
We report our financial results of operations in two reportable segments, Acuity Brands Lighting and Acuity Intelligent Spaces, consistent with how our chief operating decision maker currently evaluates operating results, assesses performance, and allocates resources within the Company.
The accounting policies of our reportable segments are the same as those described in the Significant Accounting Policies footnote of the Notes to Consolidated Financial Statements within our Form 10-K. Corporate expenses that are primarily administrative in function and benefit the Company on an entity-wide basis are not allocated to segments. These include expenses related to governance, policy setting, compliance, and certain other shared services functions. Additionally, net interest expense, net miscellaneous expense, income tax expense, and acquisition related costs are not allocated to segments.
During the third fiscal quarter of 2025, we recorded $29.7 million in special charges within the ABL segment. We recognized no special charges during the three and nine months ended May 31, 2024
The following table presents financial information by operating segment for the periods presented (in millions):
Three Months EndedNine Months Ended
May 31, 2025May 31, 2024May 31, 2025May 31, 2024
Net sales:
Acuity Brands Lighting$923.2 $898.5 $2,649.8 $2,618.4 
Acuity Intelligent Spaces264.1 75.7 509.1 208.0 
Eliminations(1)
(8.7)(6.1)(22.4)(17.7)
Total$1,178.6 $968.1 $3,136.5 $2,808.7 
Operating profit:
Acuity Brands Lighting$134.0 $151.5 $407.6 $421.3 
Acuity Intelligent Spaces27.4 12.5 48.1 26.9 
Unallocated corporate amounts(21.6)(18.7)(72.4)(51.9)
Total$139.8 $145.3 $383.3 $396.3 
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(1) These amounts represent intersegment sales. Profit on these sales eliminates within gross profit on a consolidated basis.
The following table reconciles operating profit by segment to income before income taxes for the periods presented (in millions):
Three Months EndedNine Months Ended
May 31, 2025May 31, 2024May 31, 2025May 31, 2024
Operating profit - Acuity Brands Lighting$134.0 $151.5 $407.6 $421.3 
Operating profit - Acuity Intelligent Spaces27.4 12.5 48.1 26.9 
Unallocated corporate amounts(21.6)(18.7)(72.4)(51.9)
Operating profit139.8 145.3 383.3 396.3 
Interest expense (income), net12.1 (1.8)15.0 (1.0)
Miscellaneous expense (income), net2.3 (0.5)5.8 1.2 
Income before income taxes$125.4 $147.6 $362.5 $396.1 
Segment assets include accounts receivable and inventory. Total segment assets for AIS were $194.3 million and $67.6 million as of May 31, 2025 and August 31, 2024, respectively. This increase was due to the acquisition of QSC. Refer to Acquisitions footnote of the Notes to Consolidated Financial Statements for additional information.