International Operations and Geographic Information

12 Months Ended

Dec. 31, 2013

Segment Reporting [Abstract]

International Operations and Geographic Information

SEGMENT REPORTING

The Company reports three business segments: North American Industrial, North American Agricultural and European. The Company’s sales are principally within the United States, United Kingdom, France, Canada and Australia. The Company sells its products primarily through a network of independent dealers and distributors to governmental end-users, related independent contractors, as well as to the agricultural and commercial turf markets.

The Company has included a summary of the financial information by reporting segment. The following table presents the revenues, income from operations (loss), goodwill and total identifiable assets by reporting segment for the years ended December 31, 2013, 2012 and 2011:

	December 31,
(in thousands)	2013		2012		2011
Net Revenue
North American Industrial	$	296,617	$	263,353	$	229,594
North American Agricultural	215,340		200,467		203,993
European	164,879		164,582		170,006
Consolidated	$	676,836	$	628,402	$	603,593
Income from Operations
North American Industrial	$	25,743	$	19,313	$	24,649
North American Agricultural	17,880		18,319		16,644
European	7,114		7,717		8,163
Consolidated	$	50,737	$	45,349	$	49,456
Goodwill
North American Industrial	$	13,176	$	13,418	$	13,316
North American Agricultural	—		—		—
European	18,897		18,230		18,435
Consolidated	$	32,073	$	31,648	$	31,751
Total Identifiable Assets
North American Industrial	$	161,080	$	153,234	$	144,763
North American Agricultural	123,352		118,829		121,320
European	154,044		132,276		115,582
Consolidated	$	438,476	$	404,339	$	381,665

INTERNATIONAL OPERATIONS AND GEOGRAPHIC INFORMATION

Following is selected financial information on the Company’s international operations which include Europe, Canada and Australia:

	December 31,
(in thousands)	2013		2012		2011
Net sales	$	236,839	$	227,568	$	216,201
Income from operations	14,822		14,470		19,362
Income before income taxes	16,241		13,731		20,051
Identifiable assets	$	205,317	$	179,263	$	155,188

Following is other selected geographic financial information on the Company’s operations:

	December 31,
(in thousands)	2013		2012		2011
Geographic net sales:
United States	$	444,151	$	401,415	$	381,390
United Kingdom	36,892		40,734		39,967
France	97,958		92,964		101,124
Canada	45,045		36,190		26,029
Australia	11,517		10,225		14,171
Other	41,273		46,874		40,912
Total net sales	$	676,836	$	628,402	$	603,593
Geographic location of long-lived assets:
United States	$	42,053	$	46,749	$	52,262
United Kingdom	19,718		13,809		13,511
France	25,751		25,166		26,746
Canada	12,562		11,719		12,221
Australia	768		190		158
Total long-lived assets	$	100,852	$	97,633	$	104,898

Net sales are attributed to countries based on the location of customers.