Segment Reporting

9 Months Ended

Sep. 30, 2011

Segment Reporting [Abstract]

Segment Reporting

Note 12 — 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 Manufacturer 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						Nine Months Ended
	September 30,						September 30,
	2011			2010			2011			2010
Net sales
MRO	$	71,490		$	77,949		$	231,370		$	226,680
OEM		3,876			3,604			10,729			10,088
Consolidated total	$	75,366		$	81,553		$	242,099		$	236,768
Operating income (loss)
MRO	$	(3,140	)	$	6,191		$	3,126		$	12,979
OEM		351			152			632			(14	)
Severance expense		(282	)		(1,334	)		(1,492	)		(2,984	)
Legal Settlement		—			3,500			—			4,050
Gain on sale of assets		—			—			—			1,701
Consolidated total	$	(3,071	)	$	8,509		$	2,266		$	15,732
Other income (expense), net		59			(14	)		138			25
Interest expense		(79	)		(105	)		(662	)		(386	)
Income (loss) from continuing operations before income taxes	$	(3,091	)	$	8,390		$	1,742		$	15,371