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Industry Segments (Tables)
6 Months Ended
Jun. 30, 2016
Segment Reporting [Abstract]  
Schedule of Reporting Information by Segment

Summarized segment detail for the three and six months ended June 30, 2016 and 2015 are presented in the following table:

 

 

 

For the Three Months Ended June 30,

 

 

For the Six Months Ended June 30,

 

Net Sales

 

2016

 

 

2015

 

 

2016

 

 

2015

 

Material Handling

 

$

100,907

 

 

$

115,774

 

 

$

209,931

 

 

$

228,055

 

Distribution

 

 

43,234

 

 

 

48,592

 

 

 

85,455

 

 

 

92,697

 

Inter-company sales

 

 

(24

)

 

 

(31

)

 

 

(64

)

 

 

(69

)

Total net sales

 

$

144,117

 

 

$

164,335

 

 

$

295,322

 

 

$

320,683

 

 

 

 

For the Three Months Ended June 30,

 

 

For the Six Months Ended June 30,

 

Operating Income

 

2016

 

 

2015

 

 

2016

 

 

2015

 

Material Handling

 

$

14,333

 

 

$

20,846

 

 

$

21,774

 

 

$

34,253

 

Distribution

 

 

3,966

 

 

 

4,508

 

 

 

6,502

 

 

 

7,999

 

Corporate

 

 

(7,133

)

 

 

(5,612

)

 

 

(15,981

)

 

 

(15,794

)

Total operating income

 

 

11,166

 

 

 

19,742

 

 

 

12,295

 

 

 

26,458

 

Interest expense, net

 

 

(2,053

)

 

 

(2,467

)

 

 

(4,072

)

 

 

(5,169

)

Income from continuing operations before income taxes

 

$

9,113

 

 

$

17,275

 

 

$

8,223

 

 

$

21,289