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

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

 

 

 

For the Three Months Ended September 30,

 

 

For the Nine Months Ended September 30,

 

Net Sales

 

2016

 

 

2015

 

 

2016

 

 

2015

 

Material Handling

 

$

89,911

 

 

$

92,479

 

 

$

299,842

 

 

$

320,534

 

Distribution

 

 

42,793

 

 

 

49,212

 

 

 

128,248

 

 

 

141,909

 

Inter-company sales

 

 

(28

)

 

 

(30

)

 

 

(92

)

 

 

(99

)

Total net sales

 

$

132,676

 

 

$

141,661

 

 

$

427,998

 

 

$

462,344

 

 

 

 

For the Three Months Ended September 30,

 

 

For the Nine Months Ended September 30,

 

Operating Income

 

2016

 

 

2015

 

 

2016

 

 

2015

 

Material Handling

 

$

4,378

 

 

$

7,369

 

 

$

26,152

 

 

$

41,622

 

Distribution

 

 

3,301

 

 

 

5,558

 

 

 

9,803

 

 

 

13,557

 

Corporate

 

 

(4,693

)

 

 

(10,349

)

 

 

(20,674

)

 

 

(26,142

)

Total operating income

 

 

2,986

 

 

 

2,578

 

 

 

15,281

 

 

 

29,037

 

Interest expense, net

 

 

(2,015

)

 

 

(1,729

)

 

 

(6,087

)

 

 

(6,899

)

Income from continuing operations before income taxes

 

$

971

 

 

$

849

 

 

$

9,194

 

 

$

22,138