SEGMENT REPORTING (Tables)

9 Months Ended

Sep. 30, 2012

SEGMENT REPORTING [Abstract]

Segment Reporting Financial Information

The following table sets out financial information relating the Company's segments (in thousands):

	Three Months ended September 30,								Nine Months ended September 30,
	Service Centers		IPS		SCS		Total		Service Centers		IPS		SCS		Total
2012
Sales	$	212,497	$	38,854	$	38,572	$	289,923	$	571,675	$	113,466	$	118,963	$	804,104
Operating income for reportable segments	$	26,410	$	7,227	$	2,781	$	36,418	$	67,455	$	22,414	$	9,500	$	99,369
2011
Sales	$	141,817	$	31,342	$	34,696	$	207,855	$	412,871	$	69,841	$	105,905	$	588,617
Operating income for reportable segments	$	15,866	$	4,812	$	2,024	$	22,702	$	47,987	$	10,755	$	6,074	$	64,816

Reconciliation of Operating Income for Reportable Segments to Consolidated Income before Taxes

The following table presents reconciliations of operating income for reportable segments to the consolidated income before taxes (in thousands):

	Three Months Ended September 30,						Nine Months Ended September 30,
	2012			2011			2012			2011
Operating income for reportable segments	$	36,418		$	22,702		$	99,369		$	64,816
Adjustment for:
Amortization of intangibles		3,474			1,595			8,264			4,805
Corporate and other expense, net		8,430			6,671			25,839			20,402
Total operating income		24,514			14,436			65,266			39,609
Interest expense, net		2,287			760			3,878			2,805
Other expense (income), net		(21	)		(4	)		(33	)		(40	)
Income before income taxes	$	22,248		$	13,680		$	61,421		$	36,844