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Segment Information
3 Months Ended
Mar. 31, 2014
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 other 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
2014
 
2013
Material Handling
$
90,613

 
$
79,989

Lawn and Garden
49,825

 
60,363

Distribution
39,735

 
42,649

Engineered Products
32,697

 
36,956

Inter-company Sales
(4,081
)
 
(4,977
)
Net Sales
$
208,789

 
$
214,980


 
Three Months Ended
March 31,
Income (Loss) Before Income Taxes
2014
 
2013
Material Handling
$
10,940

 
$
9,705

Lawn and Garden
(7,043
)
 
2,281

Distribution
2,371

 
2,839

Engineered Products
3,789

 
5,077

Corporate
(7,418
)
 
(6,658
)
Interest expense - net
(1,579
)
 
(1,092
)
Income before income taxes
$
1,060

 
$
12,152