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SEGMENT REPORTING
 9 Months Ended
Sep. 30, 2022
Segment Reporting [Abstract]  
SEGMENT REPORTING SEGMENT REPORTING
The Company's reportable business segments are: Service Centers, Innovative Pumping Solutions and Supply Chain Services. The Service Centers segment is engaged in providing MRO products, equipment and integrated services, including logistics capabilities, to industrial customers. The Service Centers segment provides a wide range of MRO products in the rotating equipment, bearing, power transmission, hose, fluid power, metal working, industrial supply, safety products and safety services categories. The Innovative Pumping Solutions segment fabricates and assembles custom-made pump packages, re-manufactures pumps, manufactures branded private label pumps and provides products and process lines for the water and wastewater treatment industries. The Supply Chain Services segment provides a wide range of MRO products and manages all or part of a customer's supply chain, including warehouse and inventory management.

Sales are shown net of inter-segment eliminations.

The following table sets out financial information related to the Company's segments excluding amortization (in thousands):
Three Months Ended September 30,
20222021
 SCIPSSCSTotal
SCa
IPSSCSTotal
Product sales1
$238,595 $— $62,294 $300,889 $199,052 $— $36,213 $235,265 
Inventory services2
— — 5,893 5,893 — — 4,302 4,302 
Staffing services3
21,488 — — 21,488 13,487 — — 13,487 
Pump production and delivery4
— 59,044 — 59,044 — 36,440 — 36,440 
Total Revenue$260,083 $59,044 $68,187 $387,314 $212,539 $36,440 $40,515 $289,494 
Income from operations5
$35,718 $7,327 $5,332 $48,377 $29,381 $277 $3,181 $32,839 
Nine Months Ended September 30,
20222021
 SCIPSSCSTotal
SCa
IPSSCSTotal
Product sales1
$676,815 $— $157,660 $834,475 $570,737 $— $103,058 $673,795 
Inventory services2
— — 17,010 17,010 — — 12,761 12,761 
Staffing services3
53,162 — — 53,162 37,805 — — 37,805 
Pump production and delivery4
— 169,890 — 169,890 — 96,411 — 96,411 
Total Revenue$729,977 $169,890 $174,670 $1,074,537 $608,542 $96,411 $115,819 $820,772 
Income from operations 5
$95,437 $23,122 $14,311 $132,870 $77,819 $6,027 $8,991 $92,837 
1Product sales that are recognized at a point in time.
2 Inventory management services that are recognized over the contract life.
3Staffing services that are invoiced on a day-rate basis.
4Custom pump production and delivery is recognized over time.
5Income from operations excludes amortization of intangibles and corporate expenses.

a During the second quarter of 2022, we identified an error related to service revenue which resulted in a reclassification between product sales and service revenue. We assessed the materiality of the error on prior period financial statements in accordance with Securities and Exchange Commission Staff Accounting Bulletin No. 99, Materiality, codified in Accounting Standards Codification (ASC) 250, Presentation of Financial Statements. We concluded that the error was not material to our prior period consolidated financial statements and, therefore, amendments of previously filed consolidated financial statements are not required. In accordance with ASC 250, we have corrected the error by revising the consolidated financial statements presented herein. Prior periods not presented herein will be revised, as applicable, in future filings.
The following table presents reconciliations of operating income for reportable segments to the consolidated income before taxes (in thousands):
 Three Months Ended September 30,Nine Months Ended September 30,
 2022202120222021
Income from operations for reportable segments$48,377 $32,839 $132,870 $92,837 
Adjustment for:
Amortization of intangible assets5,132 4,238 13,958 12,690 
Corporate expenses16,706 17,416 44,894 47,883 
Income from operations$26,539 $11,185 74,018 32,264 
Interest expense6,833 5,264 17,610 15,844 
Other expense (income), net1,565 (450)2,941 (985)
Income before income taxes$18,141 $6,371 $53,467 $17,405