10—SEGMENT REPORTING

Financial information for the Company’s two segments, Industrial Ingredients and Food Ingredients, is presented below. These segments serve broad categories of end-market users. The Industrial Ingredients segment provides carbohydrate-based starches for industrial applications, primarily paper and packaging products and fuel grade ethanol. The Food Ingredients segment produces specialty starches for food applications. A third item for “corporate and other” activity has been presented to provide reconciliation to amounts reported in the condensed consolidated financial statements. Corporate and other represents the activities related to the corporate headquarters, such as public company reporting, personnel costs of the executive management team, corporate-wide professional services and consolidation entries.

 

		Three Months Ended May 31,								Nine Months Ended May 31,
(In thousands)		2014				2013				2014				2013
Sales:
Industrial Ingredients:
Industrial Starch		$	39,723			$	44,572			$	120,261			$	132,610
Ethanol			27,952				28,111				72,966				69,710
By-Products			16,437				20,501				47,312				64,710
			84,112				93,184				240,539				267,030
Food Ingredients			35,317				28,535				94,247				82,793
		$	119,429			$	121,719			$	334,786			$	349,823
Income (loss) from operations:
Industrial Ingredients		$	1,957			$	565			$	(72	)		$	1,500
Food Ingredients			6,025				6,206				18,349				17,097
Corporate and other			(3,057	)			(2,496	)			(8,801	)			(7,772	)
		$	4,925			$	4,275			$	9,476			$	10,825

 

(In thousands)		May 31, 2014				August 31, 2013
Total assets:
Industrial Ingredients		$	136,020			$	133,120
Food Ingredients			88,423				68,550
Corporate and other			12,185				22,948
		$	236,628			$	224,618