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

NACCO is a holding company with the following principal subsidiaries: NACoal, HBB and KC. See Note 1 for a discussion of the Company's industries and product lines. NACCO's non-operating segment, NACCO and Other, includes the accounts of the parent company and Bellaire Corporation ("Bellaire"), a non-operating subsidiary of the Company.
 
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
 
2015
 
2014
 
2015
 
2014
Revenues
 
 
 
 
 
 
 
NACoal
$
37,942

 
$
49,780

 
$
79,261

 
$
89,652

HBB
129,498

 
118,385

 
252,791

 
219,710

KC
29,782

 
32,804

 
59,749

 
69,680

Eliminations
(722
)
 
(599
)
 
(1,567
)
 
(1,259
)
Total
$
196,500

 
$
200,370

 
$
390,234

 
$
377,783

 
 
 
 
 
 
 
 
Operating profit (loss)
 

 
 

 
 
 
 
NACoal
$
2,382

 
$
183

 
$
7,589

 
$
6,836

HBB
2,880

 
2,251

 
5,068

 
3,188

KC
(2,972
)
 
(4,255
)
 
(6,017
)
 
(10,769
)
NACCO and Other  (a)
(836
)
 
(2,004
)
 
(2,125
)
 
(3,356
)
Eliminations
(166
)
 
(66
)
 
14

 
(375
)
Total
$
1,288

 
$
(3,891
)
 
$
4,529

 
$
(4,476
)
 
 
 
 
 
 
 
 
Net income (loss)
 
 
 
 
 
 
 
NACoal
$
4,199

 
$
(75
)
 
$
8,746

 
$
5,630

HBB
1,618

 
1,359

 
2,236

 
1,709

KC
(1,847
)
 
(2,657
)
 
(3,740
)
 
(6,690
)
NACCO and Other
(697
)
 
(1,673
)
 
(1,936
)
 
(2,870
)
Eliminations
(3,548
)
 
(578
)
 
(4,554
)
 
(2,927
)
Total
$
(275
)
 
$
(3,624
)
 
$
752

 
$
(5,148
)


(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, 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.