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Industry Segments (Tables)
6 Months Ended
Jun. 30, 2017
Segment Reporting [Abstract]  
Schedule of Reporting Information by Segment

Summarized segment detail for the three and six months ended June 30, 2017 and 2016 are presented in the following table:

 

 

 

For the Three Months Ended June 30,

 

 

For the Six Months Ended June 30,

 

 

 

2017

 

 

2016

 

 

2017

 

 

2016

 

Net Sales

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Material Handling

 

$

103,074

 

 

$

100,907

 

 

$

206,254

 

 

$

209,931

 

Distribution

 

 

39,258

 

 

 

43,234

 

 

 

77,832

 

 

 

85,455

 

Inter-company sales

 

 

(29

)

 

 

(24

)

 

 

(80

)

 

 

(64

)

Total net sales

 

$

142,303

 

 

$

144,117

 

 

$

284,006

 

 

$

295,322

 

 

Income (loss) from continuing operations before income taxes

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Material Handling

 

$

7,426

 

 

$

14,333

 

 

$

19,514

 

 

$

21,774

 

Distribution

 

 

3,025

 

 

 

3,966

 

 

 

4,563

 

 

 

6,502

 

Corporate

 

 

(4,871

)

 

 

(7,133

)

 

 

(11,139

)

 

 

(15,981

)

Total operating income

 

 

5,580

 

 

 

11,166

 

 

 

12,938

 

 

 

12,295

 

Interest expense, net

 

 

(1,785

)

 

 

(2,053

)

 

 

(3,760

)

 

 

(4,072

)

Income from continuing operations before income taxes

 

$

3,795

 

 

$

9,113

 

 

$

9,178

 

 

$

8,223