Segment Reporting |
Segment Reporting The following table presents selected financial information for each of our five reportable segments for the periods indicated: | | | | | | | | | | | | | | | | | Three Months Ended | | | August 2, 2025 | | July 27, 2024 | | | | | Net sales: | | | | | | | | Commercial | $ | 46,167 | | | $ | 34,199 | | | | | | Live Events | 79,800 | | | 108,608 | | | | | | High School Park and Recreation | 59,347 | | | 48,006 | | | | | | Transportation | 16,575 | | | 22,490 | | | | | | International | 17,083 | | | 12,785 | | | | | | Total consolidated net sales | 218,972 | | | 226,088 | | | | | | | | | | | | | | Cost of Sales: | | | | | | | | Commercial | 32,517 | | | 26,604 | | | | | | Live Events | 59,614 | | | 82,580 | | | | | | High School Park and Recreation | 37,406 | | | 30,690 | | | | | | Transportation | 11,419 | | | 14,741 | | | | | | International | 12,944 | | | 11,775 | | | | | | | | | | | | | | Gross profit: | | | | | | | | Commercial | 13,650 | | | 7,595 | | | | | | Live Events | 20,186 | | | 26,028 | | | | | | High School Park and Recreation | 21,941 | | | 17,316 | | | | | | Transportation | 5,156 | | | 7,749 | | | | | | International | 4,139 | | | 1,010 | | | | | | Total consolidated gross profit | 65,072 | | | 59,698 | | | | | | | | | | | | | | Less: | | | | | | | | Selling | 16,834 | | | 15,636 | | | | | | General and administrative | 14,295 | | | 11,723 | | | | | | Product design and development | 10,671 | | | 9,623 | | | | | | | | | | | | | | Interest (income) expense, net | (893) | | | 71 | | | | | | Change in fair value of convertible note | — | | | (21,590) | | | | | | Other expense, net | 1,942 | | | 835 | | | | | | Income before income taxes | $ | 22,223 | | | $ | 220 | | | | | | | | | | | | | | Depreciation and amortization: | | | | | | | | Commercial | $ | 1,085 | | | $ | 1,082 | | | | | | Live Events | 1,247 | | | 1,429 | | | | | | High School Park and Recreation | 661 | | | 533 | | | | | | Transportation | 199 | | | 202 | | | | | | International | 447 | | | 562 | | | | | | Total depreciation and amortization for reportable segments | 3,639 | | | 3,808 | | | | | | Unallocated corporate depreciation and amortization | 1,165 | | | 1,085 | | | | | | Total depreciation and amortization | $ | 4,804 | | | $ | 4,893 | | | | | |
No single geographic region, other than the United States, represents a material portion of our net sales or our property and equipment, net of accumulated depreciation. The following table provides a summary of net sales and property and equipment, net of accumulated depreciation, for the United States and all other geographic areas: | | | | | | | | | | | | | | | | | Three Months Ended | | | August 2, 2025 | | July 27, 2024 | | | | | Net sales: | | | | | | | | United States | $ | 196,588 | | | $ | 207,219 | | | | | | Outside United States | 22,384 | | | 18,869 | | | | | | | $ | 218,972 | | | $ | 226,088 | | | | | |
| | | | | | | | | | | | | August 2, 2025 | | April 26, 2025 | Property and equipment, net of accumulated depreciation: | | | | United States | $ | 59,130 | | | $ | 66,701 | | Outside United States | 6,950 | | | 7,183 | | | $ | 66,080 | | | $ | 73,884 | |
We serve a diverse customer base across global markets for our products and services. No individual customer accounted for 10 percent or more of our net sales during the reporting period. Accordingly, we are not economically dependent on a limited number of customers for the sale of our products and services.
We also source raw materials and components from a broad network of suppliers. No single supplier represented 10 percent or more of our cost of sales. However, our global supply chain is complex and subject to geopolitical and transportation risks. Additionally, we rely on certain single-source suppliers, which may constrain availability or result in delays in obtaining critical materials and components required for manufacturing.
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