Segment Reporting

6 Months Ended

Jun. 30, 2015

Segment Reporting [Abstract]

Segment Reporting

Segment Reporting

At June 30, 2015 the following includes a summary of the unaudited financial information by reporting segment: 

	Three Months Ended   June 30,				Six Months Ended   June 30,
(in thousands)	2015		2014		2015		2014
Net Sales
Industrial	$	118,521	$	105,476	$	235,433	$	183,187
Agricultural	52,981		53,635		101,438		104,443
European	44,232		48,640		86,661		92,731
Consolidated	$	215,734	$	207,751	$	423,532	$	380,361
Income from Operations
Industrial	$	10,100	$	10,128	$	19,437	$	16,428
Agricultural	3,722		2,375		4,514		4,790
European	2,613		2,293		4,612		4,209
Consolidated	$	16,435	$	14,796	$	28,563	$	25,427

(in thousands)	June 30, 2015		December 31, 2014
Goodwill
Industrial	$	56,852	$	57,320
Agricultural	3,673		695
European	16,864		17,676
Consolidated	$	77,389	$	75,691
Total Identifiable Assets
Industrial	$	378,159	$	367,096
Agricultural	131,118		113,286
European	155,960		152,504
Consolidated	$	665,237	$	632,886

The 2014 and 2015 acquisitions are reflected in the above segment reporting. Business units of Specialized are in the Industrial segment, Fieldquip and Herder are in the Agricultural segment and Kellands is in the European segment.