Industry Segments (Tables)

12 Months Ended

Dec. 31, 2019

Schedule of Reporting Information by Segment

Total sales from foreign business units were approximately $42.0 million, $50.6 million, and $53.9 million for the years ended December 31, 2019, 2018 and 2017, respectively. Total export sales to countries outside the U.S. were approximately $23.6 million, $19.6 million, and $17.2 million for the years ended December 31, 2019, 2018 and 2017 respectively. Sales made to customers in Canada accounted for approximately 4.7% of total net sales in 2019, 4.1% in 2018 and 2.4% in 2017. 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 $13.2 million at December 31, 2019 and $14.1 million at December 31, 2018.

	2019			2018			2017
Net Sales
Material Handling	$	356,407		$	417,199		$	391,313
Distribution		159,349			149,636			156,428
Inter-company sales		(58	)		(100	)		(698	)
Total net sales	$	515,698		$	566,735		$	547,043

Operating income
Material Handling	$	53,144		$	57,948		$	38,874
Distribution		10,076			7,441			9,073
Corporate		(25,954	)		(59,062	)		(23,059	)
Total operating income		37,266			6,327			24,888
Interest expense, net		(4,083	)		(4,938	)		(7,292	)
Loss on extinguishment of debt		—			—			(1,888	)
Income from continuing operations before income taxes	$	33,183		$	1,389		$	15,708

Total Assets
Material Handling	$	193,751		$	229,962		$	257,863
Distribution		75,338			48,575			49,822
Corporate		84,050			70,108			48,257
Total assets	$	353,139		$	348,645		$	355,942

Capital Additions, Net
Material Handling	$	8,835		$	4,500		$	5,165
Distribution		1,396			587			622
Corporate		63			36			27
Total capital additions, net	$	10,294		$	5,123		$	5,814

Depreciation and Amortization
Material Handling	$	21,282		$	24,159		$	28,506
Distribution		1,501			1,169			1,174
Corporate		800			811			1,151
Total depreciation and amortization	$	23,583		$	26,139		$	30,831