pandemic and its related effects continue to have a significant adverse effect on many sectors of the economy and we may be further impacted.
Cost of sales (excluding depreciation and amortization) 251.5
Our period-over-period results by reportable segment follow.
Changes Related to Operating Income by Reportable Segment:
Cost of sales (excluding depreciation and amortization) 143.0
Selling, General and Administrative. Selling, general and administrative expenses increased $1.3 million, or 10%, for the three months ended July 31, 2022 compared to the same period in 2021, primarily due an increase in compensation expense, professional fees and general expenses year-over-year.
Cost of sales (excluding depreciation and amortization) 47.2
Cost of sales (excluding depreciation and amortization) 61.6
Cost of sales (excluding depreciation and amortization) (0.3)
Net Sales. Net sales for Unallocated Corporate & Other represents the elimination of inter-segment sales for the three months ended July 31, 2022 and 2021.
Cost of Sales. Cost of sales for Unallocated Corporate & Other consists of the elimination of inter-segment sales, profit in inventory, and other costs.
Changes related to Non-Operating Items:
Nine Months Ended July 31, 2022 Compared to Nine Months Ended July 31, 2021
Cost of sales (excluding depreciation and amortization) 712.9
Our period-over-period results by reportable segment follow.
Changes Related to Operating Income by Reportable Segment:
Cost of sales (excluding depreciation and amortization) 396.5
Selling, General and Administrative. Selling, general and administrative expenses increased $4.2 million, or 11%, for the nine months ended July 31, 2022 as compared to the same period in 2021. This increase was primarily due to higher compensation expense, professional fees and general expenses year-over-year.
Cost of sales (excluding depreciation and amortization) 138.1
Cost of sales (excluding depreciation and amortization) 179.8
Cost of sales (excluding depreciation and amortization) (1.5)
Net Sales. Net sales for Unallocated Corporate & Other represents the elimination of inter-segment sales for the nine months ended July 31, 2022 and 2021.
Cost of Sales. Cost of sales for Unallocated Corporate & Other consists of the elimination of inter-segment sales, profit in inventory, and other costs.
Historically, our principal sources of funds have been cash on hand, cash flow from operations, and borrowings under our credit facilities.
Critical Accounting Policies and Estimates
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