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Segment Information
 6 Months Ended
Jun. 30, 2015
Segment Reporting [Abstract]  
Segment Information
Segment Information

The Company currently manages its business under two reportable operating segments: Material Handling and Distribution. None of the reportable segments include operating segments that have been aggregated. Some of these segments contain individual business components that have been aggregated on the basis of common management, customers, products, production processes and other economic characteristics. The Company accounts for intersegment sales and transfers at cost plus a specified mark-up.

Income before income taxes for each business segment is based on net sales less cost of products sold, and the related selling, general and administrative expenses. In computing business segment operating income, general corporate overhead expenses and interest expenses are not included.

Material Handling

The Material Handling Segment manufactures a broad selection of plastic reusable containers, pallets, small parts bins, bulk shipping containers, storage and organization products and rotationally-molded plastic tanks for water, fuel and waste handling. This segment conducts its primary operations in the United States, but also operates in Brazil and Canada. Markets served encompass various niches of industrial manufacturing, food processing, retail/wholesale products distribution, agriculture, automotive, recreational vehicles, marine vehicles, healthcare, appliance, bakery, electronics, textiles, consumer, and others. Products are sold both directly to end-users and through distributors.

Distribution

The Distribution Segment is engaged in the distribution of equipment, tools, and supplies used for tire servicing and automotive undervehicle repair and the manufacture of tire repair and retreading products. The product line includes categories such as tire valves and accessories, tire changing and balancing equipment, lifts and alignment equipment, service equipment and tools, and tire repair/retread supplies. The Distribution Segment operates domestically through sales offices, and four regional distribution centers in the United States and in foreign countries through export sales. In addition, the Distribution Segment operates directly in certain foreign markets, principally Central America, through foreign branch operations. Markets served include retail and truck tire dealers, commercial auto and truck fleets, auto dealers, general service and repair centers, tire retreaders, and government agencies.
Summarized segment detail for the three and six months ended June 30, 2015 and 2014 are presented in the following table:

 
Three Months Ended June 30,

Six Months Ended June 30,
Net Sales
2015

2014
 
2015

2014
Material Handling
$
115,774

 
$
103,046

 
$
228,055

 
$
209,723

Distribution
48,592

 
49,789

 
92,697

 
93,672

Inter-company Sales
(31
)
 
(51
)
 
(69
)
 
(126
)
 
$
164,335

 
$
152,784

 
$
320,683

 
$
303,269


 
Three Months Ended June 30,

Six Months Ended June 30,
Income (Loss) From Continuing Operations Before Income Taxes
2015
 
2014
 
2015
 
2014
Material Handling
$
20,846


$
11,533

 
$
34,253

 
$
24,305

Distribution
4,508


5,053

 
7,999

 
8,583

Corporate
(5,612
)

(5,300
)
 
(15,794
)
 
(12,719
)
Interest expense - net
(2,467
)

(1,667
)
 
(5,169
)
 
(3,251
)
 
$
17,275


$
9,619

 
$
21,289

 
$
16,918



Identifiable Assets
June 30, 2015
 
December 31, 2014
Material Handling
$
370,769

 
$
370,501

Distribution
64,560

 
57,523

Corporate
30,985

 
19,034

Discontinued operations
—

 
117,775

 
$
466,314

 
$
564,833