Segment Information (Tables)

9 Months Ended

Sep. 30, 2014

Segment financial information for the three months ended September 30, 2014 is as follows:

					Corporate
	Freight		Transit		Activities and
In thousands	Segment		Segment		Elimination			Total
Sales to external customers	$	453,329	$	343,942	$	-		$	797,271
Intersegment sales/(elimination)		9,781		1,822		(11,603	)		-
Total sales	$	463,110	$	345,764	$	(11,603	)	$	797,271
Income (loss) from operations	$	102,182	$	40,734	$	(6,939	)	$	135,977
Interest expense and other, net		-		-		(4,748	)		(4,748	)
Income (loss) from operations before income taxes	$	102,182	$	40,734	$	(11,687	)	$	131,229

Segment financial information for the three months ended September 30, 2013 is as follows:

					Corporate
	Freight		Transit		Activities and
In thousands	Segment		Segment		Elimination			Total
Sales to external customers	$	340,533	$	290,865	$	-		$	631,398
Intersegment sales/(elimination)		5,410		2,642		(8,052	)	$	-
Total sales	$	345,943	$	293,507	$	(8,052	)	$	631,398
Income (loss) from operations	$	77,299	$	36,335	$	(3,763	)	$	109,871
Interest expense and other, net		-		-		(5,487	)		(5,487	)
Income (loss) from operations before income taxes	$	77,299	$	36,335	$	(9,250	)	$	104,384

Segment financial information for the nine months ended September 30, 2014 is as follows:

					Corporate
	Freight		Transit		Activities and
In thousands	Segment		Segment		Elimination			Total
Sales to external customers	$	1,250,337	$	973,251	$	-		$	2,223,588
Intersegment sales/(elimination)		27,074		6,096		(33,170	)		-
Total sales	$	1,277,411	$	979,347	$	(33,170	)	$	2,223,588
Income (loss) from operations	$	294,396	$	112,009	$	(16,259	)	$	390,146
Interest expense and other, net		-		-		(13,497	)		(13,497	)
Income (loss) from operations before income taxes	$	294,396	$	112,009	$	(29,756	)	$	376,649

Segment financial information for the nine months ended September 30, 2013 is as follows:

					Corporate
	Freight		Transit		Activities and
In thousands	Segment		Segment		Elimination			Total
Sales to external customers	$	1,009,069	$	875,841	$	-		$	1,884,910
Intersegment sales/(elimination)		20,384		5,407		(25,791	)	$	-
Total sales	$	1,029,453	$	881,248	$	(25,791	)	$	1,884,910
Income (loss) from operations	$	225,734	$	110,809	$	(10,451	)	$	326,092
Interest expense and other, net		-		-		(12,547	)		(12,547	)
Income (loss) from operations before income taxes	$	225,734	$	110,809	$	(22,998	)	$	313,545

Sales by Product


Sales by product are as follows:

	Three Months Ended
	September 30,
In thousands	2014		2013
Specialty Products & Electronics	$	390,038	$	263,595
Brake Products		170,826		137,189
Remanufacturing, Overhaul & Build		142,620		161,857
Other Transit Products		51,607		50,270
Other		42,180		18,487
Total sales	$	797,271	$	631,398

Sales by product are as follows:

	Nine Months Ended
	September 30,
In thousands	2014		2013
Specialty Products & Electronics	$	980,897	$	764,222
Brake Products		487,095		417,921
Remanufacturing, Overhaul & Build		474,444		489,391
Other Transit Products		155,144		153,698
Other		126,008		59,678
Total sales	$	2,223,588	$	1,884,910

- Definition

Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss.

+ References+ Details