Segment Reporting

9 Months Ended

Sep. 30, 2012

Segment Reporting [Abstract]

Segment Reporting

2. Segment Reporting

     The Company has two reportable segments; the recreational vehicle products segment (the "RV Segment") and the manufactured housing products segment (the "MH Segment"). Intersegment sales are insignificant.

     The RV Segment, which accounted for 87 percent and 84 percent of consolidated net sales for the nine month periods ended September 30, 2012 and 2011, respectively, manufactures a variety of products used primarily in the production of RVs, including:

Steel chassis for towable RVs	Aluminum windows and screens
Axles and suspension solutions for towable RVs	Chassis components
Slide-out mechanisms and solutions	Furniture and mattresses
Thermoformed bath, kitchen and other products	Entry, baggage, patio and ramp doors
Entry steps	Awnings
Manual, electric and hydraulic stabilizer and leveling systems	Other accessories

     The Company also supplies certain of these products as replacement parts to the RV aftermarket. In addition, the Company manufactures components for truck caps, buses, and trailers used to haul boats, livestock, equipment and other cargo. Approximately 85 percent of the Company's RV Segment net sales are components to manufacturers of travel trailer and fifth-wheel RVs.

     The MH Segment, which accounted for 13 percent and 16 percent of consolidated net sales for the nine month periods ended September 30, 2012 and 2011, respectively, manufactures a variety of products used in the production of manufactured homes and to a lesser extent, modular housing and mobile office units, including:

Vinyl and aluminum windows and screens	Steel chassis
Thermoformed bath and kitchen products	Steel chassis parts
Steel and fiberglass entry doors	Axles
Aluminum and vinyl patio doors

     The Company also supplies windows, doors and thermoformed bath products as replacement parts to the manufactured housing aftermarket. Certain of the Company's MH Segment customers manufacture both manufactured homes and modular homes, and certain of the products manufactured by the Company are suitable for both types of homes. As a result, the Company is not always able to determine in which type of home its products are installed.

     Decisions concerning the allocation of the Company's resources are made by the Company's key executives, with oversight by the Board of Directors. This group evaluates the performance of each segment based upon segment operating profit or loss, defined as income or loss before interest, corporate expenses, goodwill impairment, accretion, other non-segment items and income taxes. Decisions concerning the allocation of resources are also based on each segment's utilization of assets. Management of debt is a corporate function. The accounting policies of the RV and MH Segments are the same as those described in Note 1 of Notes to Consolidated Financial Statements of the Company's December 31, 2011 Annual Report on Form 10-K.

Information relating to segments follows (in thousands):

		Nine Months Ended						Three Months Ended
		September 30,						September 30,
		2012			2011			2012			2011
Net sales:
RV Segment:
RV OEMs:
Travel Trailers and Fifth-Wheels	$	514,653		$	387,746		$	162,719	$		117,946
Motorhomes		22,568			12,244			8,376			3,304
RV Aftermarket		14,714			12,169			5,355			4,108
Adjacent Industries		57,008			27,497			18,507			10,870
Total RV Segment net sales		608,943			439,656			194,957			136,228
MH Segment:
Manufactured Housing OEMs		61,678			56,112			21,188			21,487
Manufactured Housing Aftermarket		12,730			12,693			3,990			4,254
Adjacent Industries		17,538			13,109			6,188			4,720
Total MH Segment net sales		91,946			81,914			31,366			30,461
Total net sales	$	700,889		$	521,570		$	226,323		$	166,689
Operating profit:
RV Segment	$	47,209		$	40,370		$	12,945		$	7,745
MH Segment		10,942			8,963			3,781			3,786
Total segment operating profit		58,151			49,333			16,726			11,531
Corporate		(6,513	)		(5,846	)		(1,989	)		(1,803	)
Accretion related to contingent consideration		(1,350	)		(1,394	)		(430	)		(445	)
Other non-segment items		1,001			563			641			(80	)
Total operating profit	$	51,289		$	42,656		$	14,948		$	9,203