Operations by Reportable Segment (Tables)

9 Months Ended

Sep. 30, 2014

Segment Reporting [Abstract]

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 nine months ended September 30, 2014 and 2013

	Continuing Operations
(Dollars in thousands)	Industrial Supply			Special Situations		Corporate and Other			Eliminations			Total		Discontinued Operations		Total
Three Months Ended September 30, 2014
Operating revenues from    external customers	$	10,947		$	40	$	—		$	—		$	10,987	$	—	$	10,987
Intersegment operating    revenues		—			89		52			(141	)		—		—		—
Operating costs		8,878			1		4,001			(141	)		12,739		196		12,935
Other income (expense)		(8	)		—		2,416			—			2,408		624		3,032
Earnings (loss) before    income taxes		2,061			128		(1,533	)		—			656		428		1,084
Income tax expense (benefit)		961			61		(705	)		—			317		—		317
Net earnings (loss)	$	1,100		$	67	$	(828	)	$	—		$	339	$	428	$	767

	Continuing Operations
(Dollars in thousands)	Industrial Supply		Special Situations			Corporate and Other			Eliminations			Total			Discontinued Operations			Total
Three Months Ended September 30, 2013
Operating revenues from    external customers	$	10,230	$	(453	)	$	4		$	—		$	9,781		$	27		$	9,808
Intersegment operating    revenues		—		174			—			(174	)		—			—			—
Operating costs		8,492		4			3,956			(174	)		12,278			373			12,651
Other income (expense)		—		(14	)		(3,281	)		—			(3,295	)		272			(3,023	)
Earnings (loss) before    income taxes		1,738		(297	)		(7,233	)		—			(5,792	)		(74	)		(5,866	)
Income tax expense (benefit)		828		(214	)		(621	)		—			(7	)		—			(7	)
Net earnings (loss)	$	910	$	(83	)	$	(6,612	)	$	—		$	(5,785	)	$	(74	)	$	(5,859	)

	Continuing Operations
(Dollars in thousands)	Industrial Supply			Special Situations		Corporate and Other			Eliminations			Total			Discontinued Operations		Total
Nine Months Ended September 30, 2014
Operating revenues from    external customers	$	29,325		$	124	$	—		$	—		$	29,449		$	39	$	29,488
Intersegment operating    revenues		—			254		101			(355	)		—			—		—
Operating costs		24,271			8		9,604			(355	)		33,528			949		34,477
Other income (expense)		(8	)		—		3,061			—			3,053			2,841		5,894
Earnings (loss) before    income taxes		5,046			370		(6,442	)		—			(1,026	)		1,931		905
Income tax expense (benefit)		2,369			109		(1,951	)		—			527			—		527
Net earnings (loss)	$	2,677		$	261	$	(4,491	)	$	—		$	(1,553	)	$	1,931	$	378

	Continuing Operations
(Dollars in thousands)	Industrial Supply		Special Situations			Corporate and Other			Eliminations			Total			Discontinued Operations			Total
Nine Months Ended September 30, 2013
Operating revenues from    external customers	$	28,054	$	6,165		$	35		$	—		$	34,254		$	(96	)	$	34,158
Intersegment operating    revenues		—		501			316			(817	)		—			—			—
Operating costs		23,371		411			12,940			(817	)		35,905			1,311			37,216
Other income (expense)		—		(14	)		(8,329	)		—			(8,343	)		939			(7,404	)
Earnings (loss) before    income taxes		4,683		6,241			(20,918	)		—			(9,994	)		(468	)		(10,462	)
Income tax expense (benefit)		1,978		2,284			(4,176	)		—			86			—			86
Net earnings (loss)	$	2,705	$	3,957		$	(16,742	)	$	—		$	(10,080	)	$	(468	)	$	(10,548	)

The following table presents summarized balance sheet information for each of the Company’s segments as of September 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:
September 30, 2014
Current assets	$	17,252	$	134	$	45,702	$	—		$	63,088	$	116	$	63,204
Total assets		37,697		5,718		56,523		(14,153	)		85,785		116		85,901
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:
September 30, 2014
Current liabilities	$	7,746	$	—	$	3,782	$	—		$	11,528	$	198	$	11,726
Total liabilities		19,627		3,657		19,326		(14,153	)		28,457		5,948		34,405
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