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

 

For the Three Months Ended September 30, 2013:

 

Towers and
Weldments

 

Gearing

 

Services

 

Corporate

 

Eliminations

 

Consolidated

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Revenues from external customers

 

$

48,594

 

$

10,138

 

$

3,704

 

$

 

$

 

$

62,436

 

Intersegment revenues (1)

 

64

 

251

 

 

 

(315

)

 

Operating profit (loss)

 

6,723

 

(5,653

)

(1,276

)

(2,197

)

22

 

(2,381

)

Depreciation and amortization

 

941

 

2,014

 

409

 

15

 

 

3,379

 

Capital expenditures

 

750

 

2,459

 

7

 

22

 

 

3,238

 

 

For the Three Months Ended September 30, 2012:

 

Towers and
Weldments

 

Gearing

 

Services

 

Corporate

 

Eliminations

 

Consolidated

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Revenues from external customers

 

$

37,423

 

$

10,778

 

$

6,844

 

$

 

$

 

$

55,045

 

Intersegment revenues (1)

 

 

478

 

55

 

 

(533

)

 

Operating profit (loss)

 

1,740

 

(2,637

)

(570

)

(2,048

)

(12

)

(3,527

)

Depreciation and amortization

 

942

 

2,995

 

413

 

17

 

 

4,367

 

Capital expenditures

 

127

 

893

 

44

 

71

 

 

1,135

 

 

For the Nine Months Ended September 30, 2013:

 

Towers and
Weldments

 

Gearing

 

Services

 

Corporate

 

Eliminations

 

Consolidated

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Revenues from external customers

 

$

116,127

 

$

28,098

 

$

15,238

 

$

 

$

 

$

159,463

 

Intersegment revenues (1)

 

67

 

3,456

 

15

 

 

(3,538

)

 

Operating profit (loss)

 

12,828

 

(12,394

)

(3,239

)

(7,386

)

(19

)

(10,210

)

Depreciation and amortization

 

2,841

 

7,469

 

1,064

 

38

 

 

11,412

 

Capital expenditures

 

1,235

 

4,114

 

240

 

378

 

 

5,967

 

 

For the Nine Months Ended September 30, 2012:

 

Towers and
Weldments

 

Gearing

 

Services

 

Corporate

 

Eliminations

 

Consolidated

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Revenues from external customers

 

$

109,587

 

$

40,256

 

$

15,956

 

$

 

$

 

$

165,799

 

Intersegment revenues (1)

 

 

1,096

 

81

 

 

(1,177

)

 

Operating profit (loss)

 

3,306

 

(5,390

)

(3,331

)

(6,224

)

12

 

(11,627

)

Depreciation and amortization

 

2,722

 

8,217

 

1,237

 

51

 

 

12,227

 

Capital expenditures

 

540

 

1,657

 

944

 

159

 

 

3,300

 

 

 

 

Total Assets as of

 

 

 

September 30,

 

December 31,

 

Segments:

 

2013

 

2012

 

 

 

 

 

 

 

Towers and Weldments

 

$

51,054

 

$

50,801

 

Gearing

 

70,561

 

71,371

 

Services

 

15,906

 

13,976

 

Assets held for sale

 

2,152

 

8,042

 

Corporate

 

303,401

 

308,336

 

Eliminations

 

(278,845

)

(309,616

)

 

 

$

164,229

 

$

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 $3,456 and $1,096 for the nine months ended September 30, 2013 and 2012, respectively.