XML 24 R38.htm IDEA: XBRL DOCUMENT v2.4.0.8
Operating Segments (Tables)
3 Months Ended
Sep. 30, 2013
Operating Segments [Abstract]  
Consolidated net sales by product line
Each of our reportable segments distributes its products in both its country of domicile, as well as to other international customers. The following presents the Company’s consolidated net sales by product line:


       
Three Months Ended
       
September 30,
       
2013
 
2012
Silicon metal
$
85,335  
 
112,912  
Silicon-based alloys
 
61,396  
 
67,141  
Other
   
26,263  
 
20,655  
 
Total
$
172,994  
 
200,708  


Summarized financial information for reportable segments
Summarized financial information for our reportable segments as of, and for, the three months ended September 30, 2013 and 2012, is shown in the following tables:


   
Three Months Ended
   
September 30,
   
2013
   
Net Sales
Operating
Income (Loss)
Income (Loss) Before Income Taxes
Total Assets
GMI
$
159,600  
10,828  
10,056  
688,189  
Globe Metales
 
11,941  
1,329  
557  
71,138  
Solsil
 
—  
(32)
(32)
15,347  
Corporate
 
—  
(15,993)
(19,538)
410,268  
Other
 
3,209  
(776)
(797)
27,832  
Eliminations
 
(1,756)
220  
220  
(375,322)
 
$
172,994  
(4,424)
(9,534)
837,452  




   
Three Months Ended
   
September 30,
   
2012
   
Net Sales
Operating
Income (Loss)
Income (Loss) Before Income Taxes
GMI
$
184,738  
23,646  
23,845  
Globe Metales
 
14,346  
1,439  
1,164  
Solsil
 
—  
(173)
(173)
Corporate
 
—  
(29,429)
(29,916)
Other
 
2,482  
(963)
(1,084)
Eliminations
 
(858)
(172)
(173)
 
$
200,708  
(5,652)
(6,337)
Net sales by geographical region
Net sales are attributed to geographic regions based upon the location of the selling unit. Net sales by geographic region for the three months ended September 30, 2013 and 2012 consist of the following:


       
Three Months Ended
       
September 30,
       
2013
 
2012
United States
$
148,330  
 
156,580  
Canada
 
11,037  
 
28,158  
Argentina
 
10,696  
 
13,488  
Poland
 
2,892  
 
2,364  
China
 
39  
 
118  
 
Total
$
172,994  
 
200,708  
 
Long-lived assets by geographical region
Long-lived assets by geographical region at September 30, 2013 and June 30, 2013 consist of the following:


       
September 30,
 
June 30,
       
2013
 
2013
United States
$
324,921  
 
328,326  
Canada
 
95,473  
 
95,591  
Argentina
 
23,928  
 
24,344  
China
 
16,537  
 
16,955  
Poland
 
869  
 
885  
 
Total
$
461,728  
 
466,101  

Summary of major customers and respective percentages of consolidated net sales
The following is a summary of the Company’s major customers and their respective percentages of consolidated net sales for the three months ended September 30, 2013 and 2012:


   
Three Months Ended
   
September 30,
   
2013
 
2012
Dow Corning
17%
 
21%
All other customers
83%
 
79%
 
Total
100%
 
100%