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Industry Segments (Tables)
 12 Months Ended
Dec. 31, 2018
Segment Reporting [Abstract]  
Schedule of Reporting Information by Segment Total sales from foreign business units were approximately $50.6 million, $53.9 million, and $64.2 million for the years ended December 31, 2018, 2017 and 2016, respectively. Total export sales to countries outside the U.S. were approximately $19.6 million, $17.2 million, and $18.6 million for the years ended December 31, 2018, 2017 and 2016, respectively. Sales made to customers in Canada accounted for approximately 4.1% of total net sales in 2018, 2.4% in 2017 and 4.6% in 2016. There are no other individual foreign countries for which sales are material. Long-lived assets in foreign countries, primarily in Canada, consisted of property, plant and equipment, and were approximately $14.1 million at December 31, 2018 and $17.6 million at December 31, 2017.

 

 

2018

 

 

2017

 

 

2016

 

Net Sales

 

 

 

 

 

 

 

 

 

 

 

Material Handling

$

417,199

 

 

$

391,313

 

 

$

363,956

 

Distribution

 

149,636

 

 

 

156,428

 

 

 

170,660

 

Inter-company sales

 

(100

)

 

 

(698

)

 

 

(237

)

Total net sales

$

566,735

 

 

$

547,043

 

 

$

534,379

 

 

 

 

 

 

 

 

 

 

 

 

 

Income (loss) from continuing operations before income taxes

 

 

 

 

 

 

 

 

 

 

 

Material Handling

$

57,948

 

 

$

38,874

 

 

$

40,776

 

Distribution

 

7,441

 

 

 

9,073

 

 

 

12,834

 

Corporate

 

(59,062

)

 

 

(23,059

)

 

 

(26,248

)

Total operating income

 

6,327

 

 

 

24,888

 

 

 

27,362

 

Interest expense, net

 

(4,938

)

 

 

(7,292

)

 

 

(8,643

)

Loss on extinguishment of debt

 

—

 

 

 

(1,888

)

 

 

—

 

Income from continuing operations before income taxes

$

1,389

 

 

$

15,708

 

 

$

18,719

 

 

 

 

 

 

 

 

 

 

 

 

 

Identifiable Assets

 

 

 

 

 

 

 

 

 

 

 

Material Handling

$

229,962

 

 

$

257,863

 

 

$

268,634

 

Distribution

 

48,575

 

 

 

49,822

 

 

 

56,072

 

Corporate

 

70,108

 

 

 

48,257

 

 

 

36,271

 

Discontinued operations

 

—

 

 

 

—

 

 

 

20,707

 

Total identifiable assets

$

348,645

 

 

$

355,942

 

 

$

381,684

 

 

 

 

 

 

 

 

 

 

 

 

 

Capital Additions, Net

 

 

 

 

 

 

 

 

 

 

 

Material Handling

$

4,500

 

 

$

5,165

 

 

$

10,933

 

Distribution

 

587

 

 

 

622

 

 

 

1,424

 

Corporate

 

36

 

 

 

27

 

 

 

132

 

Total capital additions, net

$

5,123

 

 

$

5,814

 

 

$

12,489

 

 

 

 

 

 

 

 

 

 

 

 

 

Depreciation and Amortization

 

 

 

 

 

 

 

 

 

 

 

Material Handling

$

24,159

 

 

$

28,506

 

 

$

29,270

 

Distribution

 

1,169

 

 

 

1,174

 

 

 

1,221

 

Corporate

 

811

 

 

 

1,151

 

 

 

1,301

 

Total depreciation and amortization

$

26,139

 

 

$

30,831

 

 

$

31,792