Industry Segments definition
Industry Segments. While the Company's chief decision-makers monitor the revenue streams of various Company products and services, the identifiable segments are not material and operations are managed and financial performance is evaluated on a Company-wide basis. Accordingly, all of the Company's financial service operations are considered by management to be aggregated in one reportable operating segment. Prior to 2001, internal financial information was primarily reported and aggregated into two lines of business: banking and discount loan operations. Fair Values of Financial Instruments: Fair values of financial instruments are estimated using relevant market information and other assumptions, as more fully disclosed in a separate Note. Fair value estimates involve uncertainties and matters of significant judgment regarding interest rates, credit risk, prepayments, and other factors, especially in the absence of broad markets for particular items. Changes in assumptions or in market conditions could significantly affect the estimates.
Examples of Industry Segments in a sentence
Industry Segments ----------------- The Company operates principally in the banking industry through its subsidiary bank.
Industry Segments ----------------- The Company operates principally in the thrift industry through its subsidiary savings and loan.
Note 14 -- Information on Industry Segments and Major Customers The Corporation operates in four principal business segments: Aeronautics, Space and Strategic Missiles, Electronics, and Information and Technology Services.
Industry Segments (a) 1995 1994 1993 Net Sales Pharmaceutical and nutritional.