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SEGMENT DATA
3 Months Ended
Mar. 31, 2013
SEGMENT DATA [Abstract]  
SEGMENT DATA
 (9)
SEGMENT DATA
 
The Company's operations are classified into two reportable business segments as follows:
 
Marine Transportation — Marine transportation principally by United States flag vessels of liquid cargoes throughout the United States inland waterway system, coastwise along all three United States coasts and in Alaska and Hawaii and, to a lesser extent, United States coastal transportation of dry-bulk cargoes. The principal products transported include petrochemicals, black oil, refined petroleum products and agricultural chemicals.

Diesel Engine Services — Provides after-market services for medium-speed and high-speed diesel engines, reduction gears and ancillary products for marine and power generation applications, distributes and services high-speed diesel engines, transmissions, pumps and compression products, and manufactures and remanufactures oilfield service equipment, including pressure pumping units, for the land-based pressure pumping and oilfield service markets.

The Company's two reportable business segments are managed separately based on fundamental differences in their operations. The Company evaluates the performance of its segments based on the contributions to operating income of the respective segments, before income taxes, interest, gains or losses on disposition of assets, other nonoperating income, noncontrolling interests, accounting changes, and nonrecurring items. Intersegment sales for the three months ended March 31, 2013 and 2012 were not significant.
 
The following table sets forth the revenues and profit or loss by reportable segment for the three months ended March 31, 2013 and 2012 and total assets as of March 31, 2013 and December 31, 2012 (in thousands):

 
 
Three months ended
March 31,
 
 
 
2013
 
 
2012
 
Revenues:
 
 
 
 
 
 
Marine transportation
 
$
418,518
 
 
$
335,957
 
Diesel engine services
 
 
140,267
 
 
 
230,978
 
 
 
$
558,785
 
 
$
566,935
 
Segment profit (loss):
 
 
 
 
 
 
 
 
Marine transportation
 
$
89,253
 
 
$
68,490
 
Diesel engine services
 
 
14,022
 
 
 
23,554
 
Other
 
 
(11,339
)
 
 
(8,675
)
 
 
$
91,936
 
 
$
83,369
 
 
 
 
March 31,
2013
 
 
December 31,
2012
 
Total assets:
 
 
 
 
 
 
Marine transportation
 
$
3,007,532
 
 
$
2,951,723
 
Diesel engine services
 
 
644,367
 
 
 
647,986
 
Other
 
 
46,186
 
 
 
53,419
 
 
 
$
3,698,085
 
 
$
3,653,128
 
 
The following table presents the details of "Other" segment loss for the three months ended March 31, 2013 and 2012 (in thousands):
 
 
 
Three months ended
March 31,
 
 
 
2013
 
 
2012
 
General corporate expenses
 
$
(3,394
)
 
$
(2,956
)
Loss on disposition of assets
 
 
(32
)
 
 
(28
)
Interest expense
 
 
(7,988
)
 
 
(5,840
)
Other income
 
 
75
 
 
 
149
 
 
 
$
(11,339
)
 
$
(8,675
)
 
The following table presents the details of "Other" total assets as of March 31, 2013 and December 31, 2012 (in thousands):
 
 
 
March 31,
2013
 
 
December 31,
2012
 
General corporate assets
 
$
44,276
 
 
$
51,611
 
Investment in affiliates
 
 
1,910
 
 
 
1,808
 
 
 
$
46,186
 
 
$
53,419