Operations by Reportable Segment (Tables)

6 Months Ended

Jun. 30, 2014

Operating Results and Other Key Financial Measures of Operating Segments

The following tables present the operating results for each of the Company’s segments for the three and six months ended June 30, 2014 and 2013:

	Continuing Operations
(Dollars in thousands)	Industrial Supply			Special Situations		Corporate and Other			Eliminations			Total			Discontinued Operations		Total
Three Months Ended June 30, 2014
Operating revenues from    external customers	$	10,152		$	42	$	—		$	—		$	10,194		$	29	$	10,223
Intersegment operating revenues		—			85		27			(112	)		—			—		—
Operating costs		8,347			4		2,416			(112	)		10,655			270		10,925
Other income (expense)		(2	)		—		(184	)		—			(186	)		404		218
Earnings (loss) before income taxes		1,803			123		(2,573	)		—			(647	)		163		(484	)
Income tax expense (benefit)		900			15		(897	)		—			18			—		18
Net earnings (loss)		903			108		(1,676	)		—			(665	)		163		(502	)
Net earnings (loss) attributable to    noncontrolling interest		—			—		—			—			—			—		—
Net earnings (loss) attributable to    Signature Group Holdings, Inc.	$	903		$	108	$	(1,676	)	$	—		$	(665	)	$	163	$	(502	)

	Continuing Operations
(Dollars in thousands)	Industrial Supply		Special Situations		Corporate and Other			Eliminations			Total			Discontinued Operations		Total
Three Months Ended June 30, 2013
Operating revenues from    external customers	$	9,452	$	5,414	$	14		$	—		$	14,880		$	149	$	15,029
Intersegment operating revenues		—		165		75			(240	)		—			—		—
Operating costs		7,788		128		5,614			(240	)		13,290			387		13,677
Other income (expense)		—		—		(3,614	)		—			(3,614	)		353		(3,261	)
Earnings (loss) before income taxes		1,664		5,451		(9,139	)		—			(2,024	)		115		(1,909	)
Income tax expense (benefit)		641		2,035		(2,661	)		—			15			—		15
Net earnings (loss)		1,023		3,416		(6,478	)		—			(2,039	)		115		(1,924	)
Net earnings (loss) attributable to    noncontrolling interest		—		—		—			—			—			—		—
Net earnings (loss) attributable to    Signature Group Holdings, Inc.	$	1,023	$	3,416	$	(6,478	)	$	—		$	(2,039	)	$	115	$	(1,924	)

	Continuing Operations
(Dollars in thousands)	Industrial Supply			Special Situations		Corporate and Other			Eliminations			Total			Discontinued Operations		Total
Six Months Ended June 30, 2014
Operating revenues from    external customers	$	18,378		$	84	$	—		$	—		$	18,462		$	39	$	18,501
Intersegment operating revenues		—			166		49			(215	)		—			—		—
Operating costs		15,393			7		5,604			(215	)		20,789			753		21,542
Other income (expense)		(1	)		—		645			—			644			2,217		2,861
Earnings (loss) before income taxes		2,984			243		(4,910	)		—			(1,683	)		1,503		(180	)
Income tax expense (benefit)		1,408			48		(1,247	)		—			209			—		209
Net earnings (loss)		1,576			195		(3,663	)		—			(1,892	)		1,503		(389	)
Net earnings (loss) attributable to    noncontrolling interest		—			—		—			—			—			—		—
Net earnings (loss) attributable to    Signature Group Holdings, Inc.	$	1,576		$	195	$	(3,663	)	$	—		$	(1,892	)	$	1,503	$	(389	)

	Continuing Operations
(Dollars in thousands)	Industrial Supply		Special Situations		Corporate and Other			Eliminations			Total			Discontinued Operations			Total
Six Months Ended June 30, 2013
Operating revenues from    external customers	$	17,823	$	6,617	$	32		$	—		$	24,472		$	(123	)	$	24,349
Intersegment operating revenues		—		326		316			(642	)		—			—			—
Operating costs		14,877		408		8,985			(642	)		23,628			937			24,565
Other income (expense)		—		—		(5,049	)		—			(5,049	)		667			(4,382	)
Earnings (loss) before income taxes		2,946		6,535		(13,686	)		—			(4,205	)		(393	)		(4,598	)
Income tax expense (benefit)		1,150		2,498		(3,556	)		—			92			—			92
Net earnings (loss)		1,796		4,037		(10,130	)		—			(4,297	)		(393	)		(4,690	)
Net earnings (loss) attributable to    noncontrolling interest		—		—		—			—			—			—			—
Net earnings (loss) attributable to    Signature Group Holdings, Inc.	$	1,796	$	4,037	$	(10,130	)	$	—		$	(4,297	)	$	(393	)	$	(4,690	)

The following table presents summarized balance sheet information for each of the Company’s segments as of June 30, 2014 and December 31, 2013:

	Continuing Operations
(Dollars in thousands)	Industrial Supply		Special Situations		Corporate and Other		Eliminations			Total		Discontinued Operations		Total
Segment assets:
June 30, 2014
Current assets	$	17,223	$	443	$	45,161	$	—		$	62,827	$	144	$	62,971
Total assets		37,754		5,991		54,383		(12,527	)		85,601		144		85,745
December 31, 2013
Current assets	$	14,530	$	1,904	$	49,700	$	—		$	66,134	$	223	$	66,357
Total assets		35,507		7,200		54,365		(7,172	)		89,900		223		90,123
Segment liabilities:
June 30, 2014
Current liabilities	$	7,563	$	—	$	1,679	$	—		$	9,242	$	230	$	9,472
Total liabilities		20,781		3,998		17,036		(12,527	)		29,288		6,230		35,518
December 31, 2013
Current liabilities	$	6,381	$	60	$	1,981	$	—		$	8,422	$	2,264	$	10,686
Total liabilities		20,110		3,955		14,548		(7,172	)		31,441		8,764		40,205