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Consolidated Statements of Operations - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2015
Jun. 30, 2014
Jun. 30, 2015
Jun. 30, 2014
Revenue        
Diversified industrial net sales $ 193,271 $ 168,546 $ 331,253 $ 304,033
Energy net sales 35,610 51,924 74,495 97,083
Financial services revenue 15,484 8,023 27,660 14,989
Investment and other income 104 141 504 546
Net investment gains (losses) 7,185 (631) 32,323 (791)
Total revenue 251,654 228,003 466,235 415,860
Costs and expenses        
Cost of goods sold 168,339 157,753 300,033 291,084
Selling, general and administrative expenses 50,863 46,558 110,774 95,614
Impairment charges 22,740 0 28,338 0
Finance interest expense 325 191 589 362
(Recovery of) Provision for loan losses (32) (64) 30 (154)
Interest expense, net 2,139 2,522 4,173 4,963
Realized and unrealized (gain) loss on derivatives (312) 606 (105) 466
Other income, net (6,607) (1,921) (9,062) (6,350)
Total costs and expenses 237,455 205,645 434,770 385,985
Income from continuing operations before income taxes and equity method income (loss) 14,199 22,358 31,465 29,875
Income tax provision 3,660 7,743 11,580 8,911
Income (Loss) from equity method investments and investments held at fair value:        
(Loss) Income of associated companies, net of taxes (820) 2,275 3,829 (15,983)
(Loss) Income from other investments - related party (38) 1,475 361 1,473
(Loss) Income from investments held at fair value (527) (792) 3,886 (3,238)
Net income from continuing operations 9,154 17,573 27,961 3,216
Discontinued operations:        
Income from discontinued operations, net of taxes 0 3,624 565 6,393
(Loss) Gain on sale of discontinued operations, net of taxes (148) 0 86,258 42
Net (loss) income from discontinued operations (148) 3,624 86,823 6,435
Net income 9,006 21,197 114,784 9,651
Net loss (income) attributable to noncontrolling interests in consolidated entities:        
Continuing operations 1,520 (9,825) 5,104 (9,755)
Discontinued operations 53 (1,577) (30,878) (2,807)
Net income (loss) attributable to noncontrolling interests in consolidated entities 1,573 (11,402) (25,774) (12,562)
Net income (loss) attributable to common unitholders $ 10,579 $ 9,795 $ 89,010 $ (2,911)
Net income (loss) per common unit - basic (in dollars per share)        
Net income (loss) from continuing operations (in dollars per share) $ 0.39 $ 0.27 $ 1.20 $ (0.22)
Net income from discontinued operations (in dollars per share) 0.00 0.07 2.02 0.12
Net income (loss) attributable to common unitholders (in dollars per share) 0.39 0.34 3.22 (0.10)
Net income (loss) per common unit - diluted (in dollars per share)        
Net income (loss) from continuing operations (in dollars per share) 0.38 0.27 1.19 (0.22)
Net income from discontinued operations (in dollars per share) 0.00 0.07 2.01 0.12
Net income (loss) attributable to common unitholders (in dollars per share) $ 0.38 $ 0.34 $ 3.20 $ (0.10)
Weighted average number of common units outstanding - basic (in shares) 27,640,332 28,739,858 27,649,363 29,765,843
Weighted average number of common units outstanding - diluted (in shares) 27,726,222 28,775,440 27,899,699 29,765,843