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Business Segments (Tables)
 6 Months Ended
Jun. 30, 2014
Segment Reporting [Abstract]  
Segment Reporting Information
Financial information for each of NACCO's reportable segments is presented in the following table. The line “Eliminations” in the Revenues section eliminates revenues from HBB sales to KC. The amounts of these revenues are based on current market prices of similar third-party transactions. No other sales transactions occur among reportable segments.
 
THREE MONTHS ENDED
 
SIX MONTHS ENDED
 
JUNE 30
 
JUNE 30
 
2014
 
2013
 
2014
 
2013
Revenues
 
 
 
 
 
 
 
NACoal
$
49,780

 
$
43,567

 
$
89,652

 
$
94,714

HBB
118,385

 
114,651

 
219,710

 
220,802

KC
32,804

 
38,380

 
69,680

 
78,091

Eliminations
(599
)
 
(581
)
 
(1,259
)
 
(1,538
)
Total
$
200,370

 
$
196,017

 
$
377,783

 
$
392,069

 
 
 
 
 
 
 
 
Operating profit (loss)
 

 
 

 
 
 
 
NACoal
$
183

 
$
11,196

 
$
6,836

 
$
22,981

HBB
2,251

 
4,005

 
3,188

 
6,673

KC
(4,255
)
 
(5,407
)
 
(10,769
)
 
(10,387
)
NACCO and Other (a)
(2,004
)
 
(1,099
)
 
(3,356
)
 
(3,535
)
Eliminations
(66
)
 
108

 
(375
)
 
93

Total
$
(3,891
)
 
$
8,803

 
$
(4,476
)
 
$
15,825

Net income (loss)
 
 
 
 
 
 
 
NACoal
$
(75
)
 
$
8,952

 
$
5,630

 
$
18,543

HBB
1,359

 
1,985

 
1,709

 
3,486

KC
(2,657
)
 
(2,403
)
 
(6,690
)
 
(5,670
)
NACCO and Other
(1,673
)
 
(1,048
)
 
(2,870
)
 
(3,051
)
Eliminations
(578
)
 
(2,339
)
 
(2,927
)
 
(3,739
)
Total
$
(3,624
)
 
$
5,147

 
$
(5,148
)
 
$
9,569



(a) During the second quarter of 2014, the Company recorded a $1.1 million charge included in selling, general and administrative expenses in NACCO and Other to correct a prior period accounting error related to an increase in the estimated liability for certain frozen deferred compensation plans. Management, quantitatively and qualitatively, assessed the materiality of the error and the correction thereof and concluded that the effect of the previous accounting treatment was not material to prior periods, expected 2014 full-year results, or trend of earnings and determined no material misstatements existed in those prior periods and no restatement of those prior period financial statements was necessary.