Business Segment Information (Tables)

12 Months Ended

Dec. 31, 2013

Net Sales and Operating Income (Loss) by Business Segment


	2013		2012
Net Sales (less intra-, inter-segment sales)
Engineered Equipment Technology and Parts Group
United States	$	88,170	$	75,824
Netherlands		25,588		—
China		7,763		4,905
Canada		3,557		7,611
Brazil		170		121
India		—		218

Subtotal		125,248		88,679
Met-Pro Group		30,526		—
Contracting / Services Group		19,500		25,527
Component Parts Group		21,908		20,771
Corporate		135		75

Net sales	$	197,317	$	135,052


	2013			2012
Income (Loss) from Operations
Engineered Equipment Technology and Parts Group (a)	$	18,652		$	15,562
Met-Pro (a)		1,383			—
Contracting / Services Group (a)		2,008			3,461
Component Parts Group (a)		4,172			4,198
Corporate (a) (b)		(17,754	)		(6,474	)
Eliminations		(1,473	)		(64	)

Income from operations	$	6,972		$	16,683

(a)	The amounts presented above at the reportable business segment level include operating income (loss), as applicable. See following tables in this Note 17 under “Intra-segment and Inter-segment Revenues.”

(b)	Includes corporate compensation, professional services, information technology, acquisition and integration expenses, and other general and administrative corporate expenses.

Property and Equipment Additions, Depreciation and Amortization and Identifiable Assets

	December 31,
	2013		2012
Property and Equipment Additions
Engineered Equipment Technology and Parts Group	$	522	$	113
Met-Pro		680		—
Contracting / Services Group		30		61
Component Parts Group		141		77
Corporate		4		22

Property and equipment additions	$	1,377	$	273


	2013		2012
Depreciation and Amortization
Engineered Equipment Technology and Parts Group	$	2,753	$	623
Met-Pro Group		3,365		—
Contracting / Services Group		210		221
Component Parts Group		188		193
Corporate		131		213

Depreciation and amortization	$	6,647	$	1,250


	December 31,
	2013		2012
Identifiable Assets
Engineered Equipment Technology and Parts Group	$	116,647	$	60,516
Met-Pro Group		217,695		—
Contracting / Services Group		7,026		8,055
Component Parts Group		5,946		5,573
Corporate (c)		1,222		19,960

Identifiable assets	$	348,536	$	94,104

(c)	Includes primarily consists of cash, income tax related assets, and intercompany note receivable.


	December 31,
	2013		2012
Goodwill
Engineered Equipment Technology and Parts Group	$	27,336	$	19,548
Met-Pro Group		104,884		—

Identifiable assets (e)	$	132,220	$	19,548

Intra-Segment and Inter-Segment Revenues

The Company has multiple divisions that sell to each other within segments and between segments as indicated in the following tables:


			Year Ended December 31, 2013
	total sales		less intra-segment sales			less inter-segment sales														net sales to outside customers
	total sales		less intra-segment sales			EET&P			MP			C/S			CP			Corp. (a)		net sales to outside customers
Net Sales
Engineered Equipment Technology and Parts Group
United States	$	90,509	$	(1,406	)	$	—		$	(248	)	$	(685	)	$	—		$	—	$	88,170
Netherlands		25,927		(339	)		—			—			—			—			—		25,588
China		9,530		(1,767	)		—			—			—			—			—		7,763
Canada		5,160		(1,603	)		—			—			—			—			—		3,557
Brazil		170		—			—			—			—			—			—		170

Subtotal		131,296		(5,115	)		—			(248	)		(685	)		—			—		125,248
Met-Pro Group		31,669		(1,143	)		—			—			—			—					30,526
Contracting / Services Group		21,835		(464	)		(1785	)		(4	)		—			(82	)				19,500
Component Parts Group		23,253		(523	)		(21	)		(2	)		(799	)		—			—		21,908
Corporate and other (a)		—		—						—			—			—			135		135

Net sales	$	208,053	$	(7,245	)	$	(1,806	)	$	(254	)	$	(1,484	)	$	(82	)	$	135	$	197,317

(a)	Includes adjustment for revenue on intercompany jobs.


			Year Ended December 31, 2012
	total sales		less intra-segment sales			less inter-segment sales										net sales to outside customers
	total sales		less intra-segment sales			EET&P			C/S			CP		Corp. (a)		net sales to outside customers
Net Sales
Engineered Equipment Technology and Parts Group
United States	$	77,447	$	(829	)	$	—		$	(794	)	$	—	$	—	$	75,824
Canada		7,548		63			—			—			—		—		7,611
China		6,967		(2,062	)		—			—			—		—		4,905
Brazil		121		—			—			—			—		—		121
India		218		—			—			—			—		—		218

Subtotal		92,301		(2,828	)		—			(794	)		—		—		88,679
Contracting / Services Group		27,852		(83	)		(2,242	)		—			—				25,527
Component Parts Group		22,084		(366	)		(27	)		(920	)		—		—		20,771
Corporate and other (a)		19		—						(10	)		—		66		75

Net sales	$	142,256	$	(3,277	)	$	(2,269	)	$	(1,724	)	$	—	$	66	$	135,052

(a)	Includes adjustment for revenue on intercompany jobs.

- 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.

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