Spreadsheet: 9e80b098-24ed-4b21-9bbc-f93c4050edb7
Sheet: Business Segments

BUSINESS SEGMENTS
(DOLLARS IN THOUSANDS)
 |  |  | For the years ended January 31
 |  | 2012 |  |  | 2011 |  |  | 2010
 |  | Previously Reported | Revised |  | Previously Reported | Revised |  | Previously Reported | Revised
APPLIED TECHNOLOGY DIVISION
Sales |  | 132632 | 145261 |  | 100090 | 107910 |  | 86217 | 94005
Operating income |  | 45358 | 49750.2 |  | 31135 | 33197.4 |  | 25722 | 27537.75
Assets |  | 69977 | 73871.6 |  | 52669 | 55739.6 |  | 51029 | 54006.6
Capital expenditures |  | 11408 | 11970.8 |  | 1769 | 1947 |  | 941 | 1092.4
Depreciation and amortization |  | 2351 | 2571 |  | 2238 | 2483 |  | 1677 | 1863
ENGINEERED FILMS DIVISION
Sales |  | 133481 | 133481 |  | 105838 | 105838 |  | 63783 | 63783
Operating income (b) |  | 21501 | 21501 |  | 19622 | 19622 |  | 10232 | 10232
Assets |  | 65100 | 65100 |  | 46519 | 46519 |  | 35999 | 35999
Capital expenditures |  | 10937 | 10937 |  | 8450 | 8450 |  | 1460 | 1460
Depreciation and amortization |  | 4313 | 4313 |  | 3452 | 3452 |  | 3707 | 3707
AEROSTAR DIVISION
Sales |  | 52351 | 107811 |  | 48787 | 104384 |  | 27244 | 81617
Operating income |  | 11468 | 18307.8 |  | 9407 | 17208.6 |  | 5634 | 12849.25
Assets |  | 51822 | 72089.4 |  | 18140 | 38366.4 |  | 10462 | 28665.4
Capital expenditures |  | 3875 | 4105.2 |  | 2190 | 2620.8 |  | 332 | 470.6
Depreciation and amortization |  | 1079 | 1684 |  | 757 | 1335 |  | 398 | 1151
ELECTRONIC SYSTEMS DIVISION
Sales |  | 71744 | 0 |  | 65852 | 0 |  | 63525 | 0
Operating income |  | 11264 | 0 |  | 9917 | 0 |  | 8979 | 0
Assets |  | 24281 | 0 |  | 23385 | 0 |  | 21216 | 0
Capital expenditures |  | 793 | 0 |  | 609 | 0 |  | 290 | 0
Depreciation and amortization |  | 825 | 0 |  | 823 | 0 |  | 939 | 0
INTERSEGMENT ELIMINATIONS
Sales
Engineered Films Division |  | -193 | -193 |  | -307 | -307 |  | -210 | -210
Aerostar |  | -1 | -4389 |  | -32 | -2891 |  | -1 | -1382
Electronic Systems Division |  | -8503 | 0 |  | -5520 | 0 |  | -2776 | 0
Applied Technology Division |  | 0 | -460 |  | 0 | -226 |  | 0 | -31
Operating income |  | -220 | -188 |  | -94 | -41 |  | 60 | 8
Assets |  | -405 | -286 |  | -186 | -98 |  | -92 | -57
REPORTABLE SEGMENTS TOTAL
Sales |  | 381511 | 381511 |  | 314708 | 314708 |  | 237782 | 237782
Operating income |  | 89371 | 89371 |  | 69987 | 69987 |  | 50627 | 50627
Assets |  | 210775 | 210775 |  | 140527 | 140527 |  | 118614 | 118614
Capital expenditures |  | 27013 | 27013 |  | 13018 | 13017.8 |  | 3023 | 3023
Depreciation and amortization |  | 8568 | 8568 |  | 7270 | 7270 |  | 6721 | 6721
CORPORATE & OTHER (a)
Operating loss (from admin expenses) |  | -13730 | -13730 |  | -9784 | -9784 |  | -7407 | -7407
Assets |  | 34928 | 34928 |  | 47233 | 47233 |  | 51695 | 51695
Capital expenditures |  | 2002 | 2002 |  | 954 | 954 |  | 279 | 279
Depreciation and amortization |  | 700 | 700 |  | 361 | 361 |  | 387 | 387
TOTAL COMPANY
Sales |  | 381511 | 381511 |  | 314708 | 314708 |  | 237782 | 237782
Operating income (b) |  | 75641 | 75641 |  | 60203 | 60203 |  | 43220 | 43220
Assets |  | 245703 | 245703 |  | 187760 | 187760 |  | 170309 | 170309
Capital expenditures |  | 29015 | 29015 |  | 13972 | 13971.8 |  | 3302 | 3302
Depreciation and amortization |  | 9268 | 9268 |  | 7631 | 7631 |  | 7108 | 7108
The financial results of the Electronic Systems Division have been included in the Applied Technology and Aerostar Division segement disclosures as a result of the change in the Company's organization structure effective June 1, 2012.
(a)  Assets are principally cash, investments, deferred taxes, and other receivables.
(b)  The year ended January 31, 2011 includes a $451 pre-tax gain on disposition of assets.