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SEGMENT INFORMATION
 6 Months Ended
Jun. 30, 2014
Segment Reporting [Abstract]  
SEGMENT INFORMATION
SEGMENT INFORMATION

The following table presents the composition of our segments, which include the operations of our consolidated subsidiaries, as well as income or loss from equity method investments and other investments. Our segments are managed separately and offer different products and services.

Diversified Industrial
Energy
Financial Services
Corporate and Other
Handy & Harman Ltd. ("HNH") (1)
Steel Excel Inc. ("Steel Excel") (1)
WebBank (1) 
SPH Services, Inc. ("SPH Services") (1)
SL Industries, Inc. ("SLI") (2)
 
 
DGT Holdings Corp. ("DGT") (1)
JPS Industries, Inc. ("JPS") (2)
 
 
BNS Holdings Liquidating Trust ("BNS Liquidating Trust") (1)
 
 
 
ModusLink Global Solutions, Inc. ("MLNK") (2)
 
 
 
CoSine Communications, Inc. ("CoSine")(2)
 
 
 
SPII Liquidating Trust (2)
 
 
 
Other Investments (3)
(1)
Consolidated subsidiary
(2)
Equity method investment
(3) Other investments classified in Corporate and Other include various investments in available-for-sale securities in the Computer Software and Services, Aerospace/Defense, and Restaurant industries.
    
Diversified Industrial

HNH is a diversified holding company that owns a variety of manufacturing operations encompassing joining materials, tubing, engineered materials, electronic materials and cutting replacement products and services businesses.
    
Energy
    
Steel Excel's Energy business provides drilling and production services to the oil and gas industry. Through its wholly-owned subsidiary Steel Sports Inc., Steel Excel focuses on providing event-based sports and entertainment services and other health-related services, including baseball facility services, baseball and soccer camps and leagues, and strength and conditioning services. Steel Excel also continues to identify other new business acquisition opportunities. The operations of Steel Sports are not considered material and are included in the Energy segment.
    
Financial Services

The Financial Services segment primarily consists of our wholly owned subsidiary WebFinancial Holding Corporation, which conducts financial operations through its wholly-owned subsidiary, WebBank. WebBank operates in niche banking markets and provides commercial and consumer loans and services. WebBank’s deposits are insured by the Federal Deposit Insurance Corporation ("FDIC") up to current limits, and the bank is examined and regulated by the FDIC and Utah Department of Financial Institutions.

Corporate and Other

Corporate assets, revenues and overhead expenses are not allocated to the segments. Corporate revenues primarily consist of investment and other income, investment gains and losses and rental income. See Note 4 – "Investments" for additional information on the equity method investments and other investments classified within this segment.
SPH services provides legal, tax, accounting, treasury, consulting, auditing, administration, compliance, environmental health and safety, human resources, marketing, investor relations and similar services, to other affiliated companies. SPH Services charged the Diversified Industrial, Energy and Financial Services segments approximately $2,200, $2,000, and $62, for the three months ended June 30, 2014 and approximately $2,200, $900 and $63, for the three months ended June 30, 2013. SPH Services charged the Diversified Industrial, Energy and Financial Services segments approximately $4,400, $4,000, and $125, for the six months ended June 30, 2014 and approximately $4,400, $1,800 and $125, for the six months ended June 30, 2013.
DGT's operations currently consist of a real estate business from rental buildings retained from the sale of its Power Conversion business on August 16, 2012 and the sale of its Medical Systems Group on November 3, 2011. Continuing operations consist of the real estate business, investments, and general and administrative expenses.
    
Segment information is presented below:
 
Three Months Ended June 30,
 
Six Months Ended June 30,
 
2014
 
2013
 
2014
 
2013
Revenue:
 
 
 
 
 
 
 
Diversified industrial
$
195,492

 
$
182,085

 
$
357,339

 
$
331,041

Energy
51,924

 
28,762

 
97,083

 
55,113

Financial services
8,023

 
7,271

 
14,989

 
13,580

Corporate and other
(490
)
 
364

 
(245
)
 
2,210

Total
$
254,949

 
$
218,482

 
$
469,166

 
$
401,944

Income (Loss) from continuing operations before income taxes:
 
 
 
 
 
 
 
Diversified industrial
$
25,815

 
$
31,691

 
$
34,870

 
$
39,519

Energy
9,183

 
2,349

 
12,576

 
6,041

Financial services
5,172

 
4,680

 
9,250

 
8,436

Corporate and other
(9,254
)
 
(6,329
)
 
(34,688
)
 
(34,393
)
Income from continuing operations before income taxes
30,916

 
32,391

 
22,008

 
19,603

Income tax provision
9,719

 
8,062

 
12,399

 
8,710

Net income from continuing operations
$
21,197

 
$
24,329

 
$
9,609

 
$
10,893

Income (Loss) from equity method investments:
 
 
 
 
 
 
 
Diversified industrial
$
4,714

 
$
15,073

 
$
5,404

 
$
15,202

Energy
2,874

 
(80
)
 
1,441

 
(80
)
Corporate and other
(3,838
)
 
(2,839
)
 
(21,355
)
 
(12,267
)
Total
$
3,750

 
$
12,154

 
$
(14,510
)
 
$
2,855