v3.26.3
Business Segments and Foreign Operations
 12 Months Ended
Aug. 31, 2026
Segment Reporting [Abstract]  
Business Segments and Foreign Operations Business Segments and Foreign Operations
The Company is organized on the basis of geographical area into the following three segments: the Americas; EIMEA; and Asia-Pacific. Segment data does not include inter-segment revenues. Unallocated corporate expenses are general corporate overhead expenses not directly attributable to the business segments and are reported separate from the Company’s identified segments. Corporate overhead costs include expenses for the Company’s accounting and finance, information technology, human resources, research and development, quality control and executive management functions, as well as all direct costs associated with public company compliance matters including legal, audit and other professional services costs.
The Company’s Chief Executive Officer, Steven A. Brass, as the CODM, manages the Company’s capital and allocates resources based on each business segment’s gross profit and income from operations. The CODM compares the Company’s actual results to forecasted amounts to analyze, manage and make business decisions. Operating income is disclosed below as it is most consistent with the amounts included in the Company’s consolidated financial statements.
Summary information about reportable segments is as follows (in thousands):
AmericasEIMEAAsia-PacificTotal
Fiscal Year Ended August 31, 2026
Net sales$326,177 $259,290 $102,526 $687,993 
Cost of products sold153,213 109,785 44,500 307,498 
Gross Profit172,964 149,505 58,026 380,495 
Operating Expenses:
Department Expenses(1)
70,662 62,281 16,969 149,912 
Advertising and sales promotion20,053 17,015 7,638 44,706 
Freight10,559 8,188 2,256 21,003 
Depreciation (in operating departments) and Amortization (2)
2,802 3,048 270 6,120 
Income from operations - reportable segments$68,888 $58,973 $30,893 $158,754 
Unallocated Corporate(3)
(49,817)
GAAP Income from Operations$108,937 
Fiscal Year Ended August 31, 2025
Net sales$290,599 $236,434 $92,952 $619,985 
Cost of products sold139,155 101,060 38,427 278,642 
Gross Profit151,444 135,374 54,525 341,343 
Operating Expenses:
Department Expenses(1)
60,557 58,283 14,282 133,122 
Advertising and sales promotion14,806 15,518 7,107 37,431 
Freight9,600 6,435 2,124 18,159 
Depreciation (in operating departments) and Amortization (2)
1,088 2,807 199 4,094 
Income from operations - reportable segments$65,393 $52,331 $30,813 $148,537 
Unallocated Corporate(3)
(44,744)
GAAP Income from Operations$103,793 
Fiscal Year Ended August 31, 2024
Net sales$281,883 $221,045 $87,629 $590,557 
Cost of products sold138,496 100,071 36,763 275,330 
Gross Profit143,387 120,974 50,866 315,227 
Operating Expenses:
Department Expenses(1)
53,737 51,105 12,208 117,050 
Advertising and sales promotion13,647 13,645 6,619 33,911 
Freight8,909 6,269 2,138 17,316 
Depreciation (in operating departments) and Amortization (2)
2,057 3,146 187 5,390 
Income from operations - reportable segments$65,037 $46,809 $29,714 $141,560 
Unallocated Corporate(3)
(45,209)
GAAP Income from Operations$96,351 
(1)Department expenses consist of professional services associated with information systems, finance and legal, travel and meeting expenses, sales commissions, insurance, and other miscellaneous expenses as well as employee-related costs which consist of salaries, stock-based compensation, fringe benefits and other miscellaneous people-costs.
(2)Depreciation presented above includes depreciation in operating departments which excludes depreciation in cost of sales. Amortization presented above includes amortization of definite-lived intangible assets and amortization of implementation costs associated with cloud computing arrangements. During the third quarter of fiscal year 2026, the Company resumed amortization of certain intangible assets and recorded an additional $1.3 million of amortization. For additional information, refer to Note 3 assets held for sale.
(3)These expenses are reported separately from the Company’s identified segments and are included in selling, general and administrative expenses on the Company’s consolidated statements of operations.
The Company’s CODM does not review assets by segment as part of the financial information provided and therefore, no asset information is provided in the above table.
Net sales by product group are as follows (in thousands):
Fiscal Year Ended August 31,
202620252024
Maintenance products$665,942 $590,966 $558,036 
Homecare and cleaning products22,051 29,019 32,521 
Total$687,993 $619,985 $590,557 
Net sales and long-lived assets by geographic area are as follows (in thousands):
Fiscal Year Ended August 31,
202620252024
Net Sales by Geography:
United States$236,060 $210,220 $206,963 
International451,933 409,765 383,594 
Total$687,993 $619,985 $590,557 
Long-lived Assets by Geography (1):
United States$25,080 $27,242 $30,057 
International33,576 33,152 32,926 
Total$58,656 $60,394 $62,983 
(1)Includes tangible assets and property and equipment, net, attributed to the geographic location in which such assets are located.