Business Segments and Foreign Operations (Tables)

12 Months Ended

Aug. 31, 2025

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, 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
A&P Expenses	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
A&P Expenses	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

Fiscal Year Ended August 31, 2023
Net sales	$	266,772	$	190,818	$	79,665	$	537,255
Cost of products sold	136,207		91,233		35,595		263,035
Gross Profit	130,565		99,585		44,070		274,220
Operating Expenses:
Department Expenses(1)	47,117		39,913		10,046		97,076
A&P Expenses	11,726		11,299		5,782		28,807
Freight	8,975		5,952		2,183		17,110
Depreciation (in operating departments) and Amortization (2)	1,950		2,965		171		5,086
Income from operations - reportable segments	$	60,797	$	39,456	$	25,888	$	126,141
Unallocated Corporate(3)							(36,417)
GAAP Income from Operations							$	89,724

(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 people 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.

(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.

Schedule of Net Sales by Product Group

Net sales by product group are as follows (in thousands):


	Fiscal Year Ended August 31,
	2025		2024		2023
Maintenance products	$	590,966	$	558,036	$	503,558
Homecare and cleaning products	29,019		32,521		33,697
Total	$	619,985	$	590,557	$	537,255

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,
	2025		2024		2023
Net Sales by Geography:
United States	$	210,220	$	206,963	$	207,629
International	409,765		383,594		329,626
Total	$	619,985	$	590,557	$	537,255

Long-lived Assets by Geography (1):
United States	$	27,242	$	30,057	$	33,263
International	33,152		32,926		33,528
Total	$	60,394	$	62,983	$	66,791

(1)Includes tangible assets and property and equipment, net, attributed to the geographic location in which such assets are located.

WD 40 CO 10-K