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Segments
6 Months Ended
Jun. 30, 2011
Segments [Abstract]  
Segments
 
NOTE B — Segments
 
The Company operates through three segments: Supply Technologies, Aluminum Products and Manufactured Products. Supply Technologies provides our customers with Total Supply Management tm services for a broad range of high-volume, specialty production components. Total Supply Management tm manages the efficiencies of every aspect of supplying production parts and materials to our customers’ manufacturing floor, from strategic planning to program implementation and includes such services as engineering and design support, part usage and cost analysis, supplier selection, quality assurance, bar coding, product packaging and tracking, just-in-time and point-of-use delivery, electronic billing services and ongoing technical support. Aluminum Products manufactures cast aluminum components for automotive, agricultural equipment, construction equipment, heavy-duty truck and marine equipment industries. Aluminum Products also provides value-added services such as design and engineering, machining and assembly. Manufactured Products operates a diverse group of niche manufacturing businesses that design and manufacture a broad range of high quality products engineered for specific customer applications.
 
Results by business segment were as follows:
 
                                 
    Three Months Ended
    Six Months Ended
 
    June 30,     June 30,  
    2011     2010     2011     2010  
 
Net sales:
                               
Supply Technologies
  $ 125,522     $ 97,185     $ 248,748     $ 191,423  
Aluminum products
    33,452       37,572       72,493       74,160  
Manufactured products
    87,834       63,546       167,195       124,421  
                                 
    $ 246,808     $ 198,303     $ 488,436     $ 390,004  
                                 
Income (loss) before income taxes:
                               
Supply Technologies
  $ 8,419     $ 5,311     $ 17,052     $ 9,795  
Aluminum products
    1,304       2,299       4,618       4,235  
Manufactured products
    11,333       7,597       19,879       12,529  
                                 
      21,056       15,207       41,549       26,559  
Corporate costs
    (4,722 )     (4,246 )     (8,945 )     (7,228 )
Interest expense
    (14,229 )     (6,167 )     (20,092 )     (11,603 )
                                 
Income before income taxes
  $ 2,105     $ 4,794     $ 12,512     $ 7,728  
                                 
 
                 
    June 30,
    December 31,
 
    2011     2010  
 
Identifiable assets were as follows:
               
Supply Technologies
  $ 234,491     $ 217,915  
Aluminum products
    66,195       66,219  
Manufactured products
    202,549       188,017  
General corporate
    118,099       80,381  
                 
    $ 621,334     $ 552,532