| Revenue by Principal Product by Operating Segment |
Net sales for our principal products by segment are as follows (in thousands):
| | | | | | | | | | | | | | | | | | | | | | | | | Business to Business Products Group | | Retail and Wholesale Products Group | | For the Nine Months Ended April 30, | | Product | 2022 | | 2021 | | 2022 | | 2021 | | Cat Litter | $ | 13,353 | | | $ | 10,826 | | | $ | 132,400 | | | $ | 121,820 | | | Industrial and Sports | — | | | — | | | 28,528 | | | $ | 23,477 | | | Agricultural and Horticultural | 21,469 | | | 18,665 | | | — | | | — | | | Bleaching Clay and Fluids Purification | 43,685 | | | 37,577 | | | 1,575 | | | $ | 1,457 | | | Animal Health and Nutrition | 14,421 | | | 13,030 | | | — | | | — | | | Net Sales | $ | 92,928 | | | $ | 80,098 | | | 162,503 | | | $ | 146,754 | |
Net sales for our principal products by segment are as follows (in thousands): | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Business to Business Products Group | | Retail and Wholesale Products Group | | For the Three Months Ended April 30, | | Product | 2022 | | 2021 | | 2022 | | 2021 | | Cat Litter | $ | 4,026 | | | $ | 3,214 | | | $ | 43,259 | | | $ | 39,941 | | | Industrial and Sports | — | | | — | | | 10,588 | | | 9,505 | | | Agricultural and Horticultural | 7,950 | | | 6,632 | | | — | | | — | | | Bleaching Clay and Fluids Purification | 14,145 | | | 12,171 | | | 539 | | | 516 | | | Animal Health and Nutrition | 5,254 | | | 4,276 | | | — | | | — | | | Net Sales | $ | 31,375 | | | $ | 26,293 | | | $ | 54,386 | | | $ | 49,962 | | | | | | | | | |
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| Operating Segments Information |
We do not rely on any segment asset allocations and we do not consider them meaningful because of the shared nature of our production facilities; however, we have estimated the segment asset allocations below for those assets for which we can reasonably determine. The unallocated asset category is the remainder of our total assets. The asset allocation is estimated and is not a measure used by our chief operating decision maker about allocating resources to the operating segments or in assessing their performance. | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Assets | | | | | | April 30, 2022 | | July 31, 2021 | | | | | | | (in thousands) | | Business to Business Products Group | | $ | 73,832 | | | $ | 69,023 | | | Retail and Wholesale Products Group | | 109,024 | | | 103,268 | | | Unallocated Assets | | 58,596 | | | 55,275 | | | Total Assets | | $ | 241,452 | | | $ | 227,566 | |
Net sales and operating income for each segment are provided below. The corporate expenses line includes certain unallocated expenses, including primarily salaries, wages and benefits, purchased services, rent, utilities and depreciation and amortization associated with corporate functions such as research and development, information systems, finance, legal, human resources and customer service. Corporate expenses also include the estimated annual incentive plan bonus accrual for employees dedicated to corporate operations. In addition, Income from our Business to Business and Retail and Wholesale Products as well as Corporate Expenses for the three and six months ended April 30, 2021 were adjusted for an immaterial correction of an error. See Note 1 of the Notes to the unaudited Condensed Consolidated Financial Statements.
| | | | | | | | | | | | | | | | | | | | | | | | | | For the Nine Months Ended April 30, | | | Net Sales | | Income | | | 2022 | | 2021 | | 2022 | | 2021 | | | (in thousands) | | Business to Business Products Group | $ | 92,928 | | | $ | 80,098 | | | $ | 20,052 | | | $ | 20,816 | | | Retail and Wholesale Products Group | $ | 162,503 | | | 146,754 | | | $ | (2,113) | | | 8,483 | | | Net Sales | $ | 255,431 | | | $ | 226,852 | | | | | | | Corporate Expenses | | (19,603) | | | (17,947) | | | (Loss) Income from Operations | | (1,664) | | | 11,352 | | | Total Other Income, Net | | 892 | | | 722 | | | (Loss) Income before Income Taxes | | (772) | | | 12,074 | | | Income Tax Benefit (Expense) | | 1,195 | | | (1,651) | | | Net Income | | 423 | | | 10,423 | | | Net Loss Attributable to Noncontrolling Interest | | (55) | | | (87) | | | Net Income Attributable to Oil-Dri | | $ | 478 | | | $ | 10,510 | |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | For the Three Months Ended April 30, | | | Net Sales | | Income | | | 2022 | | 2021 | | 2022 | | 2021 | | | (in thousands) | | Business to Business Products Group | $ | 31,375 | | | $ | 26,293 | | | $ | 5,716 | | | $ | 6,421 | | | Retail and Wholesale Products Group | 54,386 | | | 49,962 | | | (3,113) | | | 1,855 | | | Net Sales | $ | 85,761 | | | $ | 76,255 | | | | | | | Corporate Expenses | | (6,630) | | | (6,345) | | | (Loss) Income from Operations | | (4,027) | | | 1,931 | | | Total Other Income, Net | | 175 | | | 231 | | | (Loss) Income before Income Taxes | | (3,852) | | | 2,162 | | | Income Tax Benefit | | 1,719 | | | 24 | | | Net (Loss) Income | | (2,133) | | | 2,186 | | | Net Loss Attributable to Noncontrolling Interest | | (24) | | | (41) | | | Net (Loss) Income Attributable to Oil-Dri | | $ | (2,109) | | | $ | 2,227 | |
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