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Segment Information
9 Months Ended
Sep. 30, 2012
Segment Reporting [Abstract]  
Segment Information
Segment Information
Using the criteria of ASC 280 Segment Reporting, the Company has four operating segments: Material Handling, Lawn and Garden, Distribution, and Engineered Products. Each of these operating segments is also a reportable segment under the ASC 280 criteria.
None of the reportable segments include operating segments that have been aggregated. Some of these segments contain individual business components that have been aggregated on the basis of common management, customers, products, production processes and economic characteristics. The Company accounts for intersegment sales and transfers at cost plus a specified mark-up.
Income before income taxes for each business segment is based on net sales less cost of products sold, and the related selling, administrative and general expenses. In computing business segment operating income, general corporate overhead expenses and interest expenses are not included.
 
 
Three Months Ended
September 30,
 
Nine Months Ended
September 30,
Net Sales
2012
 
2011
 
2012
 
2011
Material Handling
$
76,151

 
$
72,070

 
$
201,632

 
$
204,808

Lawn and Garden
45,341

 
45,839

 
147,008

 
154,812

Distribution
45,065

 
48,785

 
131,991

 
136,511

Engineered Products
35,709

 
29,360

 
111,578

 
85,182

Intra-segment elimination
(4,976
)
 
(5,722
)
 
(15,029
)
 
(18,208
)
Net Sales
$
197,290

 
$
190,332

 
$
577,180

 
$
563,105


 
Three Months Ended
September 30,
 
Nine Months Ended
September 30,
Income Before Income Taxes
2012
 
2011
 
2012
 
2011
Material Handling
$
12,530

 
$
8,870

 
$
34,903

 
$
27,526

Lawn and Garden
41

 
(1,413
)
 
(683
)
 
846

Distribution
3,343

 
4,564

 
11,152

 
11,651

Engineered Products
2,921

 
3,001

 
12,172

 
8,381

Corporate
(9,063
)
 
(7,763
)
 
(20,663
)
 
(20,103
)
Interest expense-net
(1,194
)
 
(1,264
)
 
(3,328
)
 
(3,655
)
Income before income taxes
$
8,578

 
$
5,995

 
$
33,553

 
$
24,646