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Business Segments (Tables)
12 Months Ended
Dec. 31, 2012
Business Segments [Abstract]  
Schedule of Segment Reporting Information, by Segment [Table Text Block]

 

 

2012

 

 

 

 

 

 

 

 

 

 

Expenditures

 

 

Net

 

Segment

 

Segment

 

Depreciation/

 

for Long-Lived

 

 

Sales

 

Profit

 

Assets

 

Amortization

 

Assets

 

In thousands

Rail Products

$

370,322 

$

9,074 

$

204,341 

$

9,736 

$

4,180 

Construction Products

 

169,253 

 

7,859 

 

73,804 

 

2,119 

 

474 

Tubular Products

 

48,966 

 

12,854 

 

13,573 

 

599 

 

1,350 

Total

$

588,541 

$

29,787 

$

291,718 

$

12,454 

$

6,004 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

2011

 

 

 

 

 

 

 

 

 

 

Expenditures

 

 

Net

 

Segment

 

Segment

 

Depreciation/

 

for Long-Lived

 

 

Sales

 

Profit

 

Assets

 

Amortization

 

Assets

 

In thousands

Rail Products

$

315,133 

$

18,724 

$

191,278 

$

8,908 

$

5,894 

Construction Products

 

227,734 

 

16,323 

 

88,615 

 

2,180 

 

1,049 

Tubular Products

 

32,470 

 

6,810 

 

11,758 

 

453 

 

3,995 

Total

$

575,337 

$

41,857 

$

291,651 

$

11,541 

$

10,938 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

2010

 

 

 

 

 

 

 

 

 

 

Expenditures

 

 

Net

 

Segment

 

Segment

 

Depreciation/

 

for Long-Lived

 

 

Sales

 

Profit

 

Assets

 

Amortization

 

Assets

 

In thousands

Rail Products

$

211,974 

$

11,905 

$

203,263 

$

6,327 

$

3,094 

Construction Products

 

227,865 

 

20,356 

 

87,121 

 

1,761 

 

1,398 

Tubular Products

 

27,219 

 

3,949 

 

6,207 

 

765 

 

543 

Total

$

467,058 

$

36,210 

$

296,591 

$

8,853 

$

5,035 

 

Reconciliation of Revenue from Segments to Consolidated [Table Text Block]

 

 

2012

 

2011

 

2010

 

 

In thousands

Net Sales from Continuing Operations:

 

 

 

 

 

 

Total for reportable segments

$

588,541 

$

575,337 

$

467,058 

Other net sales

 

 -

 

 -

 

 -

Total

$

588,541 

$

575,337 

$

467,058 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Income from Continuing Operations:

 

 

 

 

 

 

Total for reportable segments

$

29,787 

$

41,857 

$

36,210 

Adjustment of inventory to LIFO

 

1,118 

 

(2,183)

 

2,276 

Unallocated interest income

 

452 

 

321 

 

403 

Unallocated equity in income/(losses) of nonconsolidated investments

 

837 

 

707 

 

(213)

Unallocated acquisition costs

 

 -

 

 -

 

(2,413)

Unallocated gain on sale of marketable securities

 

 -

 

 -

 

1,364 

Unallocated corporate amounts

 

(8,364)

 

(8,050)

 

(5,663)

Income from continuing operations, before income taxes

$

23,830 

$

32,652 

$

31,964 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Assets:

 

 

 

 

 

 

Total for reportable segments

$

291,718 

$

291,651 

$

296,591 

Unallocated corporate assets

 

117,639 

 

92,888 

 

84,294 

LIFO and corporate inventory reserves

 

(9,235)

 

(10,443)

 

(8,226)

Unallocated property, plant and equipment

 

6,000 

 

5,798 

 

5,743 

Total assets

$

406,122 

$

379,894 

$

378,402 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

2012

 

2011

 

2010

 

 

In thousands

Depreciation/Amortization:

 

 

 

 

 

 

Total for reportable segments

$

12,454 

$

11,541 

$

8,853 

Other

 

519 

 

466 

 

366 

Total

$

12,973 

$

12,007 

$

9,219 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Expenditures for Long-Lived Assets:

 

 

 

 

 

 

Total for reportable segments

$

6,004 

$

10,938 

$

5,035 

Expenditures financed under capital leases

 

 -

 

 -

 

199 

Other expenditures

 

1,156 

 

795 

 

686 

Total

$

7,160 

$

11,733 

$

5,920 

 

Schedule of Revenue from External Customers and Long-Lived Assets, by Geographical Areas [Table Text Block]

The following table summarizes the Company’s sales from continuing operating activities by major geographic region in which the Company has operations:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

2012

 

2011

 

2010

 

 

In thousands

United States

$

485,111 

$

483,889 

$

443,547 

Canada

 

40,892 

 

41,252 

 

9,862 

United Kingdom

 

18,698 

 

14,728 

 

627 

Other 

 

43,840 

 

35,468 

 

13,022 

 

$

588,541 

$

575,337 

$

467,058 

 

 

The following table summarizes the Company’s long-lived assets of continuing operating activities by geographic region:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

2012

 

2011

 

2010

 

 

In thousands

United States

$

31,961 

$

35,918 

$

33,535 

Canada

 

9,773 

 

9,374 

 

9,785 

United Kingdom

 

599 

 

545 

 

489 

 

$

42,333 

$

45,837 

$

43,809 

 

The following table summarizes the Company’s sales by major product line from continuing operating activities:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

2012

 

2011

 

2010

 

 

In thousands

Rail distribution products

$

155,832 

$

115,777 

$

102,155 

Piling products

 

114,070 

 

162,641 

 

146,703 

Rail Technologies products

 

92,826 

 

97,775 

 

4,556 

CXT concrete tie products

 

58,182 

 

48,968 

 

53,518 

CXT concrete building products

 

30,195 

 

35,557 

 

60,091 

Other products

 

137,436 

 

114,619 

 

100,035 

 

$

588,541 

$

575,337 

$

467,058