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Segment Information
3 Months Ended
Mar. 31, 2013
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
March 31,
Net Sales
2013
 
2012
Material Handling
$
79,989

 
$
65,221

Lawn and Garden
60,363

 
59,184

Distribution
42,649

 
42,738

Engineered Products
36,956

 
37,227

Inter-company Sales
(4,977
)
 
(5,581
)
Net Sales
$
214,980

 
$
198,789


 
Three Months Ended
March 31,
Income Before Income Taxes
2013
 
2012
Material Handling
$
9,705

 
$
13,150

Lawn and Garden
2,281

 
1,218

Distribution
2,839

 
3,511

Engineered Products
5,077

 
4,591

Corporate
(6,658
)
 
(5,353
)
Interest expense - net
(1,092
)
 
(1,081
)
Income before income taxes
$
12,152

 
$
16,036