Annual report pursuant to Section 13 and 15(d)

SEGMENT INFORMATION

v2.4.0.8
SEGMENT INFORMATION
 12 Months Ended
Sep. 30, 2014
SEGMENT INFORMATION [Abstract]  
SEGMENT INFORMATION
17. SEGMENT INFORMATION:

The Company's products and operations consist of two principal businesses that are comprised of three operating segments each, as described under Nature of Operations (Note 1):  Memorialization Products (Cemetery Products, Funeral Home Products, Cremation) and Brand Solutions (Graphics Imaging, Marking and Fulfillment Systems, Merchandising Solutions).  Management evaluates segment performance based on operating profit (before income taxes) and does not allocate non-operating items such as investment income, interest expense, other income (deductions), net and noncontrolling interests.
 
The accounting policies of the segments are the same as those described in Summary of Significant Accounting Policies (Note 2).  Intersegment sales are accounted for at negotiated prices.  Operating profit is total revenue less operating expenses.  Segment assets include those assets that are used in the Company's operations within each segment.  Assets classified under "Other" principally consist of cash and cash equivalents, investments, deferred income taxes and corporate headquarters' assets.  Long-lived assets include property, plant and equipment (net of accumulated depreciation), goodwill, and other intangible assets (net of accumulated amortization).

Information about the Company's segments follows:

   
Memorialization
    
Brand Solutions
          
                       
Marking and
          
   
Cemetery
    
Funeral Home
        
Graphics
    
Merchandising
    
Fulfillment
          
   
Products
    
Products
    
Cremation
    
Imaging
    
Solutions
    
Systems
    
Other
    
Consolidated
  
                                 
Sales to external customers:
                          
2014
  
$
221,992
    
$
234,583
    
$
51,845
    
$
398,223
    
$
99,105
    
$
100,849
    
$
-
    
$
1,106,597
  
2013
    
226,586
      
242,803
      
48,522
      
294,571
      
79,370
      
93,505
      
-
      
985,357
  
2012
    
215,943
      
230,943
      
45,981
      
259,865
      
72,964
      
74,621
      
-
      
900,317
  
                                                                 
Intersegment sales:
                                                  
2014
    
166
      
234
      
2,223
      
134
      
463
      
31
      
-
      
3,251
  
2013
    
39
      
172
      
951
      
416
      
527
      
10
      
-
      
2,115
  
2012
    
262
      
4
      
60
      
2
      
702
      
22
      
-
      
1,052
  
                                                                 
Depreciation and amortization:
                                                  
2014
    
4,835
      
6,162
      
489
      
25,303
      
2,397
      
2,203
      
1,475
      
42,864
  
2013
    
4,034
      
6,267
      
351
      
21,968
      
2,324
      
1,675
      
1,246
      
37,865
  
2012
    
3,255
      
6,416
      
396
      
14,175
      
2,330
      
1,048
      
1,201
      
28,821
  
                                                                 
Operating profit:
                                                  
2014
    
36,165
      
28,025
      
5,116
      
(4,617
)
    
7,153
      
11,049
      
-
      
82,891
  
2013
    
32,571
      
37,263
      
3,097
      
9,724
      
4,275
      
8,862
      
-
      
95,792
  
2012
    
33,195
      
26,525
      
3,869
      
14,843
      
5,084
      
10,061
      
-
      
93,577
  
                                                                 
Total assets:
                                                  
2014
    
202,126
      
312,619
      
42,344
      
1,202,360
      
76,509
      
115,470
      
80,307
      
2,031,735
  
2013
    
210,242
      
286,576
      
40,072
      
426,796
      
69,012
      
113,420
      
69,782
      
1,215,900
  
2012
    
211,205
      
299,248
      
41,099
      
356,458
      
66,170
      
75,217
      
78,645
      
1,128,042
  
                                                                 
Capital expenditures:
                                                  
2014
    
4,900
      
2,040
      
1,317
      
15,455
      
1,279
      
3,325
      
921
      
29,237
  
2013
    
8,415
      
2,399
      
174
      
9,027
      
737
      
2,904
      
1,268
      
24,924
  
2012
    
3,811
      
2,540
      
396
      
18,693
      
1,496
      
2,513
      
3,787
      
33,236
  
 
Information about the Company's operations by geographic area follows:

   
United States
    
Central and South America
    
Canada
    
Europe
    
Australia
    
Asia
    
Consolidated
  
                             
Sales to external customers:
                          
2014
  
$
676,764
    
$
3,272
    
$
14,471
    
$
380,229
    
$
13,994
    
$
17,867
    
$
1,106,597
  
2013
    
617,371
      
-
      
12,014
      
328,266
      
13,534
      
14,172
      
985,357
  
2012
    
569,435
      
-
      
11,967
      
290,283
      
13,778
      
14,854
      
900,317
  
                                                         
Long-lived assets:
                                                  
2014
    
918,996
      
10,739
      
36,543
      
391,944
      
21,300
      
31,122
      
1,410,644
  
2013
    
421,697
      
3,731
      
483
      
324,731
      
6,338
      
13,404
      
770,384
  
2012
    
395,565
      
4,743
      
507
      
260,809
      
7,041
      
10,580
      
679,245
  

Beginning October 1, 2014, the Company realigned its operations into three reporting segments, SGK Brand Solutions, Memorialization and Industrial. The SGK Brand Solutions segment is comprised of the graphics imaging business, including Schawk, and the merchandising solutions operations. The Memorialization segment is comprised of the Company's cemetery products, funeral home products and cremation operations.  The Industrial segment is comprised of the Company's marking and automation products and fulfillment systems.