| Summarized Information by Reportable Segments |
Summary information about reportable segments is as follows (in thousands): | | | | | | | | | | | | | | | | | | | | | | | | | Americas | | EIMEA | | Asia-Pacific | | Total | | Fiscal Year Ended August 31, 2026 | | | | | | | | | Net sales | $ | 326,177 | | | $ | 259,290 | | | $ | 102,526 | | | $ | 687,993 | | | Cost of products sold | 153,213 | | | 109,785 | | | 44,500 | | | 307,498 | | | Gross Profit | 172,964 | | | 149,505 | | | 58,026 | | | 380,495 | | | Operating Expenses: | | | | | | | | Department Expenses(1) | 70,662 | | | 62,281 | | | 16,969 | | | 149,912 | | | Advertising and sales promotion | 20,053 | | | 17,015 | | | 7,638 | | | 44,706 | | | Freight | 10,559 | | | 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 sold | 139,155 | | | 101,060 | | | 38,427 | | | 278,642 | | | Gross Profit | 151,444 | | | 135,374 | | | 54,525 | | | 341,343 | | | Operating Expenses: | | | | | | | | Department Expenses(1) | 60,557 | | | 58,283 | | | 14,282 | | | 133,122 | | | Advertising and sales promotion | 14,806 | | | 15,518 | | | 7,107 | | | 37,431 | | | Freight | 9,600 | | | 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 sold | 138,496 | | | 100,071 | | | 36,763 | | | 275,330 | | | Gross Profit | 143,387 | | | 120,974 | | | 50,866 | | | 315,227 | | | Operating Expenses: | | | | | | | | Department Expenses(1) | 53,737 | | | 51,105 | | | 12,208 | | | 117,050 | | | Advertising and sales promotion | 13,647 | | | 13,645 | | | 6,619 | | | 33,911 | | | Freight | 8,909 | | | 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.
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| Net Sales and Long-Lived Assets by Geographical Area |
Net sales and long-lived assets by geographic area are as follows (in thousands): | | | | | | | | | | | | | | | | | | | Fiscal Year Ended August 31, | | 2026 | | 2025 | | 2024 | | Net Sales by Geography: | | | | | | | United States | $ | 236,060 | | | $ | 210,220 | | | $ | 206,963 | | | International | 451,933 | | | 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 | | | International | 33,576 | | | 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.
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