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Revenue
3 Months Ended
Mar. 31, 2019
Revenue From Contract With Customer [Abstract]  
Revenue

13.

Revenue

Net sales and (loss) income from continuing operations before income taxes by geographic area for the three months ended March 31, 2019, and 2018, are as outlined below. When disaggregating revenue, consideration is given to information regularly reviewed by the chief operating decision maker to evaluate the financial performance of the operating segments and make resource allocation decisions. (Loss) income from continuing operations before income taxes for the three months ended March 31, 2019, includes an impairment charge of $10,082 for the write-down of certain assets of the Corporation’s cast roll manufacturing facility in Avonmore, Pennsylvania to their net realizable value. See Note 18.

 

 

 

 

 

 

 

 

 

Net Sales

 

 

(Loss) Income from Continuing Operations Before Income Taxes

 

 

 

Three Months Ended March 31,

 

 

Three Months Ended March 31,

 

 

 

2019

 

 

2018

 

 

2019

 

 

2018

 

United States

 

$

51,481

 

 

$

53,436

 

 

$

(13,309

)

 

$

(2,175

)

Foreign

 

 

56,013

 

 

 

52,979

 

 

 

1,401

 

 

 

3,170

 

 

 

$

107,494

 

 

$

106,415

 

 

$

(11,908

)

 

$

995

 

Substantially all of the foreign net sales for each of the periods are attributable to the Forged and Cast Engineered Products segment. Net sales by product line for the three months ended March 31, 2019, and 2018, were as follows:

 

 

Three Months Ended March 31,

 

 

 

2019

 

 

2018

 

Forged and cast mill rolls

 

$

77,286

 

 

$

67,488

 

Forged engineered products

 

 

8,004

 

 

 

17,758

 

Heat exchange coils

 

 

6,299

 

 

 

6,401

 

Centrifugal pumps

 

 

8,633

 

 

 

8,375

 

Air handling systems

 

 

7,272

 

 

 

6,393

 

 

 

$

107,494

 

 

$

106,415