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Business Segments (Tables)
 9 Months Ended
Sep. 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
 
NINE MONTHS ENDED
 
SEPTEMBER 30
 
SEPTEMBER 30
 
2014
 
2013
 
2014
 
2013
Revenues
 
 
 
 
 
 
 
NACoal
$
49,840

 
$
52,870

 
$
139,492

 
$
147,584

HBB
135,155

 
134,099

 
354,865

 
354,901

KC
37,551

 
42,618

 
107,231

 
120,709

Eliminations
(832
)
 
(973
)
 
(2,091
)
 
(2,511
)
Total
$
221,714

 
$
228,614

 
$
599,497

 
$
620,683

 
 
 
 
 
 
 
 
Operating profit (loss)
 

 
 

 
 
 
 
NACoal
$
4,362

 
$
9,740

 
$
11,198

 
$
32,721

HBB
9,531

 
11,788

 
12,719

 
18,461

KC
(1,429
)
 
(3,658
)
 
(12,198
)
 
(14,045
)
NACCO and Other (a)
(1,073
)
 
(1,155
)
 
(4,429
)
 
(4,690
)
Eliminations
(68
)
 
(33
)
 
(443
)
 
60

Total
$
11,323

 
$
16,682

 
$
6,847

 
$
32,507

Net income (loss)
 
 
 
 
 
 
 
NACoal
$
3,185

 
$
7,794

 
$
8,815

 
$
26,337

HBB
6,008

 
7,427

 
7,717

 
10,913

KC
(966
)
 
(2,822
)
 
(7,656
)
 
(8,492
)
NACCO and Other
(906
)
 
(1,137
)
 
(3,776
)
 
(4,188
)
Eliminations
378

 
1,063

 
(2,549
)
 
(2,676
)
Total
$
7,699

 
$
12,325

 
$
2,551

 
$
21,894



(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.