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Industry Segments (Tables)
9 Months Ended
Sep. 30, 2019
Segment Reporting [Abstract]  
Schedule of Reporting Information by Segment

Summarized segment detail for the quarters and nine months ended September 30, 2019 and 2018 are presented in the following table:

 

 

For the Quarter Ended September 30,

 

 

For the Nine Months Ended September 30,

 

 

2019

 

 

2018

 

 

2019

 

 

2018

 

Net Sales

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Material Handling

$

84,110

 

 

$

97,682

 

 

$

282,963

 

 

$

317,621

 

Distribution

 

41,388

 

 

 

37,557

 

 

 

115,957

 

 

 

110,815

 

Inter-company sales

 

(18

)

 

 

(20

)

 

 

(40

)

 

 

(89

)

Total net sales

$

125,480

 

 

$

135,219

 

 

$

398,880

 

 

$

428,347

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Income (loss) from continuing operations before income taxes

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Material Handling

$

10,385

 

 

$

10,812

 

 

$

44,181

 

 

$

44,865

 

Distribution

 

3,382

 

 

 

2,546

 

 

 

6,923

 

 

 

7,070

 

Corporate

 

(5,707

)

 

 

(39,197

)

 

 

(22,644

)

 

 

(52,641

)

Total operating income

 

8,060

 

 

 

(25,839

)

 

 

28,460

 

 

 

(706

)

Interest expense, net

 

(993

)

 

 

(883

)

 

 

(3,059

)

 

 

(3,835

)

Income from continuing operations before income taxes

$

7,067

 

 

$

(26,722

)

 

$

25,401

 

 

$

(4,541

)