Segment Information

3 Months Ended

Mar. 31, 2013

Segment Information

Segment Information

6.   Segment Information

The Company’s management has identified three segments based on the product line and associated services. Those segments include Activated Carbon and Service, Equipment, and Consumer. The Company’s chief operating decision maker, its chief executive officer, receives and reviews financial information in this format. The Activated Carbon and Service segment manufactures granular activated carbon for use in applications to remove organic compounds from liquids, gases, water, and air. This segment also consists of services related to activated carbon including reactivation of spent carbon and the leasing, monitoring, and maintenance of carbon fills at customer sites. The service portion of this segment also includes services related to the Company’s ion exchange technologies for treatment of groundwater and process streams. The Equipment segment provides solutions to customers’ air and water process problems through the design, fabrication, and operation of systems that utilize the Company’s enabling technologies:  ballast water, ultraviolet light, advanced ion exchange separation, and carbon adsorption.  The Consumer segment supplies activated carbon for use in military, industrial, and medical applications.  Intersegment net sales are not material.  The following segment information represents the results of operations:

	Three Months Ended
	March 31,
	2013			2012
Net sales
Activated Carbon and Service	$	118,897		$	117,237
Equipment	13,908			16,118
Consumer	2,235			3,253
	$	135,040		$	136,608
Income from operations before depreciation, amortization, and restructuring
Activated Carbon and Service	$	20,899		$	17,303
Equipment	393			532
Consumer	405			848
	21,697			18,683
Depreciation and amortization
Activated Carbon and Service	5,908			5,773
Equipment	677			581
Consumer	162			159
	6,747			6,513
Income from operations before restructuring	14,950			12,170
Reconciling items:
Restructuring (Note 1)	24			—
Interest income	124			18
Interest expense	(177		)	(25		)
Other expense — net	(828		)	(251		)
Income before income tax provision	$	14,093		$	11,912
	March 31, 2013			December 31, 2012
Total Assets
Activated Carbon and Service	$	508,568		$	510,550
Equipment	58,413			60,191
Consumer	5,916			7,028
Consolidated total assets	$	572,897		$	577,769