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SEGMENT REPORTING (Tables)
6 Months Ended
Jun. 30, 2013
SEGMENT REPORTING  
Schedule of financial information by reportable segment

 

For the Three Months Ended June 30, 2013:

 

Towers and
Weldments

 

Gearing

 

Services

 

Corporate

 

Eliminations

 

Consolidated

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Revenues from external customers

 

$

37,507

 

$

9,791

 

$

4,065

 

$

 

$

 

$

51,363

 

Intersegment revenues (1)

 

 

654

 

 

 

(654

)

 

Operating profit (loss)

 

4,103

 

(3,882

)

(1,262

)

(2,250

)

(42

)

(3,333

)

Depreciation and amortization

 

949

 

2,745

 

342

 

11

 

 

4,047

 

Capital expenditures

 

243

 

1,012

 

20

 

79

 

 

1,354

 

 

For the Three Months Ended June 30, 2012:

 

Towers and
Weldments

 

Gearing

 

Services

 

Corporate

 

Eliminations

 

Consolidated

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Revenues from external customers

 

$

36,995

 

$

13,646

 

$

5,670

 

$

 

$

 

$

56,311

 

Intersegment revenues (1)

 

 

417

 

25

 

 

(442

)

 

Operating profit (loss)

 

561

 

(1,632

)

(1,139

)

(1,960

)

11

 

(4,159

)

Depreciation and amortization

 

904

 

2,550

 

439

 

17

 

 

3,910

 

Capital expenditures

 

382

 

399

 

658

 

11

 

 

1,450

 

 

For the Six Months Ended June 30, 2013:

 

Towers and
Weldments

 

Gearing

 

Services

 

Corporate

 

Eliminations

 

Consolidated

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Revenues from external customers

 

$

67,533

 

$

17,960

 

$

11,534

 

$

 

$

 

$

97,027

 

Intersegment revenues (1)

 

3

 

3,204

 

15

 

 

(3,222

)

 

Operating profit (loss)

 

6,105

 

(6,743

)

(1,962

)

(5,189

)

(40

)

(7,829

)

Depreciation and amortization

 

1,900

 

5,455

 

655

 

23

 

 

8,033

 

Capital expenditures

 

485

 

1,655

 

233

 

356

 

 

2,729

 

 

For the Six Months Ended June 30, 2012:

 

Towers and
Weldments

 

Gearing

 

Services

 

Corporate

 

Eliminations

 

Consolidated

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Revenues from external customers

 

$

72,164

 

$

29,479

 

$

9,111

 

$

 

$

 

$

110,754

 

Intersegment revenues (1)

 

 

617

 

26

 

 

(643

)

 

Operating profit (loss)

 

1,566

 

(2,753

)

(2,763

)

(4,175

)

25

 

(8,100

)

Depreciation and amortization

 

1,780

 

5,222

 

824

 

34

 

 

7,860

 

Capital expenditures

 

413

 

764

 

900

 

88

 

 

2,165

 

 

 

 

Total Assets as of

 

 

 

June 30,

 

December 31,

 

 

 

2013

 

2012

 

Segments:

 

 

 

 

 

Towers and Weldments

 

$

60,400

 

$

50,801

 

Gearing

 

69,513

 

71,371

 

Services

 

16,148

 

13,976

 

Assets held for sale

 

790

 

8,042

 

Corporate

 

305,586

 

308,336

 

Eliminations

 

(289,377

)

(309,616

)

 

 

$

163,060

 

$

142,910

 

 

(1)         Intersegment revenues generally include a 10% markup over costs and primarily consist of sales from Gearing to Services. Sales from Gearing to Services totaled $3,204 and $617 for the six months ended June 30, 2013 and 2012, respectively.