BUSINESS SEGMENTS (Tables)

12 Months Ended

Dec. 31, 2012

BUSINESS SEGMENTS

Schedule of segment information

	Explosive		Oilfield		AMK
	Metalworking		Products		Welding		Total
As of and for the year ended December 31, 2012:
Net sales	$	115,333	$	77,404	$	8,830	$	201,567
Depreciation and amortization	$	5,580	$	5,631	$	536	$	11,747
Income from operations	$	17,439	$	7,047	$	925	$	25,411
Unallocated amounts:
Corporate expenses							(3,565		)
Stock-based compensation							(4,443		)
Other expense							(32		)
Interest expense							(832		)
Interest income							13
Consolidated income before income taxes							$	16,552
Segment assets	$	100,227	$	112,319	$	6,120	$	218,666
Assets not allocated to segments:
Cash and cash equivalents							8,200
Prepaid expenses and other assets							5,687
Deferred tax assets							2,878
Consolidated total assets							$	235,431
Capital expenditures	$	4,747	$	10,386	$	514	$	15,647

	Explosive		Oilfield		AMK
	Metalworking		Products		Welding		Total
As of and for the year ended December 31, 2011:
Net sales	$	126,199	$	72,782	$	9,910	$	208,891
Depreciation and amortization	$	5,833	$	4,877	$	489	$	11,199
Income from operations	$	16,058	$	6,188	$	2,056	$	24,302
Unallocated amounts:
Corporate expenses							(2,686		)
Stock-based compensation							(3,397		)
Other income							528
Interest expense							(1,945		)
Interest income							8
Consolidated income before income taxes							$	16,810
Segment assets	$	102,473	$	92,070	$	6,006	$	200,549
Assets not allocated to segments:
Cash and cash equivalents							5,276
Prepaid expenses and other assets							5,647
Deferred tax assets							1,954
Consolidated total assets							$	213,426
Capital expenditures	$	4,338	$	2,904	$	484	$	7,726

	Explosive		Oilfield		AMK
	Metalworking		Products		Welding		Total
As of and for the year ended December 31, 2010:
Net sales	$	98,570	$	45,332	$	10,837	$	154,739
Depreciation and amortization	$	5,891	$	4,351	$	471	$	10,713
Income from operations	$	7,461	$	2,426	$	2,617	$	12,504
Equity in earnings of joint ventures	$	—	$	255	$	—	255
Unallocated amounts:
Corporate expenses							(2,214		)
Stock-based compensation							(3,501		)
Other income							2,316
Interest expense							(3,046		)
Interest income							74
Consolidated income before income taxes							$	6,388
Segment assets	$	96,344	$	89,169	$	5,403	$	190,916
Assets not allocated to segments:
Cash and cash equivalents							4,572
Prepaid expenses and other assets							4,600
Deferred tax assets							1,305
Consolidated total assets							$	201,393
Capital expenditures	$	2,407	$	832	$	288	$	3,527

Schedule of geographic location of property, plant and equipment, net of accumulated depreciation

	As of December 31,
	2012		2011		2010
United States	$	28,248	$	21,810	$	20,784
Germany	11,319		9,924		9,234
France	5,912		5,767		5,742
Russia	5,351		387		331
Canada	2,136		2,339		2,145
Rest of the world	1,010		1,175		1,570
Total	$	53,976	$	41,402	$	39,806

Schedule of net sales based on the geographic location of the customer

	For the years ended December 31,
	2012		2011		2010
United States	$	78,676	$	81,410	$	44,587
Canada	21,083		24,151		29,907
Germany	13,992		12,960		25,109
South Korea	9,469		29,951		10,309
China	7,986		1,468		1,797
France	6,838		3,828		5,425
Russia	6,472		8,658		7,067
Rest of the world	57,051		46,465		30,538
Total	$	201,567	$	208,891	$	154,739