Segment Information (Notes)

3 Months Ended

Mar. 31, 2018

Segment Reporting [Abstract]

Segment Reporting Disclosure [Text Block]

Segment Information

With the acquisition of Bolt Supply in the fourth quarter of 2017, the Company operates in two reportable segments. The businesses were determined to be separate reportable segments because of differences in their financial characteristics and the methods they employ to deliver product to customers. The operating segments are reviewed by the Company’s chief operating decision maker responsible for reviewing operating performance and allocating resources. The Lawson segment primarily relies on its large network of sales representatives to visit the customer at the customers' work location and provide VMI service and produce sales orders for product that is then shipped to the customer. The Bolt Supply segment primarily sells product to customers through its 13 branch locations.

Financial information for the Company's reportable segments follows:

	(Dollars in thousands)
	Three Months Ended March 31,
	2018			2017
Revenue
Lawson product revenue	$	66,937		$	74,617
Lawson service revenue	9,489			—
Total Lawson revenue	76,426			74,617
Bolt Supply	8,033			—
Consolidated total	$	84,459		$	74,617
Gross profit
Lawson product gross profit	$	36,842		$	44,879
Lawson service gross profit	$	6,080		$	—
Total Lawson gross profit	42,922			44,879
Bolt Supply	3,296			—
Consolidated total	$	46,218		$	44,879
Operating Income
Lawson	$	1,357		$	712
Bolt Supply	480			—
Consolidated total	1,837			712
Interest expense	(240		)	(94		)
Other income, net	287			225
Income before income taxes	$	1,884		$	843