Segment Reporting

6 Months Ended

Jun. 30, 2011

Segment Reporting [Abstract]

Segment Reporting

Note 10 — Segment Reporting

The Company has two 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:

	(Amounts in thousands)
	Three Months Ended						Six Months Ended
	June 30,						June 30,
	2011			2010			2011			2010
Net sales
MRO	$	80,625		$	76,796		$	159,880		$	148,731
OEM		3,529			3,509			6,853			6,484
Consolidated total	$	84,154		$	80,305		$	166,733		$	155,215
Operating income
MRO	$	1,921		$	4,044		$	6,266		$	6,789
OEM		136			(28	)		281			(167	)
Severance expense		(465	)		(1,224	)		(1,210	)		(1,650	)
Gain on sale of assets		—			—			—			1,701
Legal settlement		—			—			—			550
Consolidated total	$	1,592		$	2,792		$	5,337		$	7,223
Other income		63			23			79			39
Interest expense		(71	)		(196	)		(583	)		(281	)
Income from continuing operations before income taxes	$	1,584		$	2,619		$	4,833		$	6,981