Segment Information

9 Months Ended

May 31, 2025

Note 12. Segment Information

The Company is a global manufacturer of a broad range of industrial products and solutions. The IT&S reportable segment is primarily engaged in the design, manufacture and distribution of branded hydraulic and mechanical tools and in providing services and tool rental to the infrastructure; industrial maintenance; repair and operations; oil & gas; mining; alternative and renewable energy; civil construction and other markets. The Other segment is included for purposes of reconciliation of the respective balances below to the condensed consolidated financial statements.

The following tables summarize financial information by reportable segment and product line (in thousands):


	Three Months Ended May 31,				Nine Months Ended May 31,
	2025		2024		2025		2024
Net Sales by Reportable Segment & Product Line
IT&S Segment
Product	$	124,308	$	117,742	$	344,274	$	330,606
Service & Rental	29,066		28,194		89,950		87,187
	153,374		145,936		434,224		417,793

Other Segment	5,287		4,453		15,161		13,003
	$	158,661	$	150,389	$	449,385	$	430,796

Operating Profit (Loss)
IT&S Segment	$	40,293	$	41,048	$	117,021	$	114,028
Other Segment	2,083		1,253		4,702		3,144
Corporate	(10,695)		(8,938)		(28,090)		(25,625)
	$	31,681	$	33,363	$	93,633	$	91,547


	May 31, 2025		August 31, 2024
Assets
IT&S Segment	$	666,889	$	613,797
Other Segment	25,074		26,533
Corporate	136,141		136,998
	$	828,104	$	777,328

In addition to the impact of changes in foreign currency exchange rates, the comparability of segment and product line information is impacted by acquisition/divestiture activities, impairment and divestiture charges, restructuring costs and related benefits. Corporate assets, which are not allocated, principally represent cash and cash equivalents, property, plant and equipment, Right of Use ("ROU") assets, capitalized debt issuance costs and deferred income taxes.

- Definition

The entire disclosure for reporting segments including data and tables. Reportable segments include those that meet any of the following quantitative thresholds a) it's reported revenue, including sales to external customers and intersegment sales or transfers is 10 percent or more of the combined revenue, internal and external, of all operating segments b) the absolute amount of its reported profit or loss is 10 percent or more of the greater, in absolute amount of 1) the combined reported profit of all operating segments that did not report a loss or 2) the combined reported loss of all operating segments that did report a loss c) its assets are 10 percent or more of the combined assets of all operating segments.

+ References

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+ Details

ENERPAC TOOL GROUP CORP 10-Q