Summary of Significant Accounting Policies (Tables)

12 Months Ended

Dec. 31, 2012

Summary of Significant Accounting Policies

Schedule of estimated useful lives of the assets

	Years
Land improvements and buildings		15 - 40
Machinery and equipment		3 - 20
Furniture and fixtures		3 - 12
Mobile equipment and other		3 - 10

Schedule of changes in deferred financing costs

Balance at January 1, 2010	$	3,311
Write-off of unamortized deferred financing costs		(2,045	)
Deferred financing costs capitalized on new debt		559
Amortization of deferred financing costs		(872	)
Balance at December 31, 2010		953
Write-off of unamortized deferred financing costs		(335	)
Deferred financing costs capitalized on new debt		3,471
Amortization of deferred financing costs		(687	)
Balance at December 31, 2011		3,402
Deferred financing costs capitalized on new debt		168
Amortization of deferred financing costs		(776	)
Balance at December 31, 2012	$	2,794

Schedule of financial assets and liabilities measured at fair value on a recurring basis and disclosure of the fair value of long-term debt

	Fair Value at 12/31/2012		Fair Value at 12/31/2011
Assets:
Other assets(a)	$	491	$	—
Total Assets	$	491	$	—
Liabilities:
Long term debt(b)		110,566		122,709
Other non-current liabilities—Interest rate swap(c)		544		621
Total Liabilities	$	111,110	$	123,330

(a)

Included in other assets is the cash surrender value of insurance policies on various individuals that are associated with the Company. The carrying amounts of these insurance policies approximates their fair value.

(b)

The fair value of the Company's long-term debt, including current maturities, is estimated using discounted cash flows based on the Company's current incremental borrowing rates for similar types of borrowing arrangements, which is a level 2 input for all periods presented. Meanwhile, long-term debt is recorded at carrying amount, net of discount, as disclosed on the face of the balance sheet.

(c)

Valuation models are calibrated to initial trade price. Subsequent valuations are based on observable inputs to the valuation model (e.g. interest rates and credit spreads). Model inputs are changed only when corroborated by market data. A credit risk adjustment is made using observable market credit spreads. Thus, inputs used to determine fair value of the interest rate swap are level 2 inputs.

Schedule of Components of accumulated other comprehensive loss

	December 31,
	2012			2011
Interest rate swap, net of tax	$	(344	)	$	(391	)
Unrecognized pension and postretirement benefit plan liabilities, net of tax		(6,740	)		(7,089	)
	$	(7,084	)	$	(7,480	)

Schedule of the Company's product offerings

	Year ended December 31,
	2012		2011		2010
Equipment	$	123,308	$	177,806	$	151,808
Parts and accessories		16,725		30,992		24,987
Net Sales	$	140,033	$	208,798	$	176,795