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Industry Segments (Tables)
12 Months Ended
Dec. 31, 2016
Segment Reporting [Abstract]  
Schedule of Reporting Information by Segment

Total sales from foreign business units and export to countries outside the U.S. were approximately $87.8 million, $105.6 million, and $110.4 million for the years ended December 31, 2016, 2015 and 2014, respectively. Sales made to customers in Brazil accounted for approximately 3.9% of total net sales in 2016, 4.7% in 2015 and 7.3% in 2014. Sales made to customers in Canada accounted for approximately 4.4% of total net sales in 2016, 5.2% in 2015 and 4.2% in 2014. There are no other individual foreign countries for which sales are material. Long-lived assets in foreign countries, consisting of property, plant and equipment, were approximately $27.6 million at December 31, 2016 and $33.2 million at December 31, 2015.

 

 

2016

 

 

2015

 

 

2014

 

Net Sales

 

 

 

 

 

 

 

 

 

 

 

Material Handling

$

387,513

 

 

$

414,030

 

 

$

432,054

 

Distribution

 

170,660

 

 

 

187,637

 

 

 

191,873

 

Inter-company sales

 

(111

)

 

 

(129

)

 

 

(278

)

Total net sales

$

558,062

 

 

$

601,538

 

 

$

623,649

 

 

 

 

Income from continuing operations before income taxes

 

 

 

 

 

 

 

 

 

 

 

Material Handling

$

29,583

 

 

$

49,762

 

 

$

31,903

 

Distribution

 

12,834

 

 

 

16,114

 

 

 

16,024

 

Corporate

 

(26,249

)

 

 

(35,015

)

 

 

(25,309

)

Total operating income

 

16,168

 

 

 

30,861

 

 

 

22,618

 

Interest expense, net

 

(8,173

)

 

 

(8,999

)

 

 

(8,535

)

Income from continuing operations before income taxes

$

7,995

 

 

$

21,862

 

 

$

14,083

 

 

 

 

 

 

 

 

 

 

 

 

 

Identifiable Assets

 

 

 

 

 

 

 

 

 

 

 

Material Handling

$

289,341

 

 

$

335,506

 

 

$

370,501

 

Distribution

 

56,072

 

 

 

58,772

 

 

 

57,523

 

Corporate

 

36,271

 

 

 

34,513

 

 

 

17,634

 

Discontinued Operations

 

 

 

 

 

 

 

117,775

 

Total identifiable assets

$

381,684

 

 

$

428,791

 

 

$

563,433

 

 

 

 

 

 

 

 

 

 

 

 

 

Capital Additions, Net

 

 

 

 

 

 

 

 

 

 

 

Material Handling

$

10,967

 

 

$

21,422

 

 

$

22,197

 

Distribution

 

1,424

 

 

 

1,795

 

 

 

1,786

 

Corporate

 

132

 

 

 

510

 

 

 

187

 

Total capital additions, net

$

12,523

 

 

$

23,727

 

 

$

24,170

 

 

 

 

 

 

 

 

 

 

 

 

 

Depreciation and Amortization

 

 

 

 

 

 

 

 

 

 

 

Material Handling

$

31,943

 

 

$

32,667

 

 

$

29,013

 

Distribution

 

1,221

 

 

 

998

 

 

 

1,022

 

Corporate

 

1,301

 

 

 

1,314

 

 

 

1,137

 

Total depreciation and amortization

$

34,465

 

 

$

34,979

 

 

$

31,172