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Segment Reporting
3 Months Ended
Mar. 31, 2013
Segment Reporting [Abstract]  
Segment Reporting
Segment Reporting

The Company has two reportable operating segments: MRO and OEM. The Company’s MRO segment is a distributor of products and services to the industrial, commercial, institutional, and governmental maintenance, repair and operations marketplace. The Company’s OEM segment manufactures, sells and distributes production and specialized component parts to the original equipment marketplace. The Company’s two reportable segments are distinguished by the nature of products distributed and sold, types of customers and manner of servicing them. The Company evaluates performance and allocates resources to reportable segments primarily based on operating income.

The following table presents summary financial information for the Company’s reportable segments:
 
(Dollars in thousands)
 
Three Months Ended March 31,
 
2013
 
2012
Net sales
 
 
 
MRO
$
67,213

 
$
71,364

OEM
4,782

 
4,598

Consolidated total
$
71,995

 
$
75,962

 
 
 
 
Operating income (loss)
 
 
 
MRO
$
(3,488
)
 
$
(3,239
)
OEM
625

 
591

Severance expenses

 
(185
)
Consolidated total
$
(2,863
)
 
$
(2,833
)
 
 
 
 
Interest expense
(213
)
 
(82
)
Other expenses, net
(61
)
 
(7
)
 
 
 
 
Loss from continuing operations before income taxes
$
(3,137
)
 
$
(2,922
)