Segment Reporting

12 Months Ended

Dec. 31, 2011

Segment Reporting [Abstract]

Segment Reporting

Note 12 – Segment Reporting

Based on our continual monitoring of the long-term economic characteristics, products and production processes, class of customer, and distribution methods of our operating segments, we have identified each of our operating segments below as reportable segments.  We believe this segmentation is appropriate based upon operating decisions and performance assessments by our President and Chief Executive Officer, who joined us in February 2011, and has increased the level of details reviewed.  The accounting policies of the reportable segments are the same as described in Note 1, “Significant Accounting Policies”.

	Successor						Predecessor
	Year Ended December 31,			Period from February 26 to December 31,			Period from January 1 to February 26,			Year Ended December 31,
	2011			2010			2010			2009
Net sales:
Wheels	$	406,587		$	247,673		$	38,379		$	238,745
Gunite		251,113			175,352			29,804			153,713
Brillion Iron Works		146,837			90,492			11,442			49,829
Imperial Group		131,558			68,790			12,022			72,462
Consolidated total	$	936,095		$	582,307		$	91,647		$	514,749
Operating income (loss):
Wheels	$	57,864		$	23,577		$	2,663		$	14,888
Gunite		(1,785	)		2,623			277			(10,052	)
Brillion Iron Works		2,301			(1,171	)		(986	)		(13,984	)
Imperial Group		3,141			(579	)		(1,011	)		(9,235	)
Corporate / Other		(37,609	)		(38,149	)		(5,172	)		(44,909	)
Consolidated total	$	23,912		$	(13,699	)	$	(4,229	)	$	(63,292	)

Current and prior period operating results from Bostrom Seating, Fabco Automotive, and Brillion Farm were reclassified to discontinued operations during the twelve months ended December 31, 2011.  Excluded from net sales above, are inter-segment sales from Brillion Iron Works to Gunite, as shown in the table below: 

	Successor				Predecessor
	Years Ended December 31,		Period from February 26 to December 31,		Period from January 1 to February 26,		Years Ended December 31,
(In thousands)	2011		2010		2010		2009
Inter-segment sales	$	33,425	$	21,608	$	2,942	$	15,443

Included in operating income (loss) are other intangible asset impairments of $2.8 million in our Brillion Iron Works and Imperial Group reportable segment in 2009.

	As of
	December 31, 2011		December 31, 2010
Total assets:
Wheels	$	509,829	$	482,175
Gunite		188,053		157,233
Brillion Iron Works		63,216		53,914
Bostrom Seating		-		13,985
Imperial Group		43,581		29,793
Fabco Automotive		-		44,881
Brillion Farm		-		3,625
Corporate / Other		64,183		88,444
Consolidated total	$	868,862	$	874,050

Geographic Information-Our operations in the United States, Canada, and Mexico are summarized below:

Successor: For Year Ended Dec. 31, 2011	United States		Canada		Mexico		Eliminations			Combined
Net sales:
Sales to unaffiliated customers-domestic	$	777,830	$	1,948	$	20,164	$	-		$	799,942
Sales to unaffiliated customers-export		135,108		-		1,045		-			136,153
Total	$	912,938	$	1,948	$	21,209	$	-		$	936,095
Long-lived assets	$	930,154	$	37,119	$	10,062	$	(348,622	)	$	628,713

Successor: Period from February 26 to December 31, 2010	United States		Canada		Mexico		Eliminations			Combined
Net sales:
Sales to unaffiliated customers-domestic	$	472,999	$	3,016	$	32,493	$	-		$	508,508
Sales to unaffiliated customers-export		54,790		-		19,009		-			73,799
Total	$	527,789	$	3,016	$	51,502	$	-		$	582,307
Long-lived assets	$	908,043	$	42,856	$	22,155	$	(327,508	)	$	645,546

Predecessor: Period from January 1 to February 26, 2010	United States		Canada		Mexico		Eliminations		Combined
Net sales:
Sales to unaffiliated customers-domestic	$	73,913	$	376	$	5,237	$	-	$	79,526
Sales to unaffiliated customers-export		8,191		-		3,930		-		12,121
Total	$	82,104	$	376	$	9,167	$	-	$	91,647

Predecessor: For Year Ended Dec. 31, 2009	United States		Canada		Mexico		Eliminations			Combined
Net sales:
Sales to unaffiliated customers-domestic	$	417,161	$	3,621	$	24,995	$	-		$	445,777
Sales to unaffiliated customers-export		42,112		-		26,860		-			68,972
Total	$	459,273	$	3,621	$	51,855	$	-		$	514,749
Long-lived assets	$	541,984	$	48,831	$	7,749	$	(126,031	)	$	472,533

The information for each of our geographic regions included sales to each of the three major customers in 2011 that each exceed 10% of total net sales. Sales to those customers are as follows:

Successor:	Year Ended				Period from February 26 to December 31,
	2011				2010
	Amount		% of Sales		Amount		% of Sales
Customer one	$	165,351	17.7	%	$	104,732	18.0	%
Customer two		155,256	16.6	%	86,838		14.9	%
Customer three		107,229	11.4	%	67,792		11.6	%
	$	427,836	45.7	%	$	259,362	44.5	%

Predecessor:	Period from January 1 to February 26,				Years Ended
	2010				2009
	Amount		% of Sales		Amount		% of Sales
Customer one	$	20,248	22.1	%	$	103,334	20.1	%
Customer two	14,996		16.4	%	85,580		16.6	%
Customer three	10,267		11.2	%	65,695		12.8	%
	$	45,511	49.7	%	$	254,609	49.5	%

Sales by product grouping are as follows:

Successor:	Year Ended				Period from February 26 to December 31,
	2011				2010
	Amount		% of Sales		Amount		% of Sales
Wheels	$	406,587	43.4	%	$	247,673	42.5	%
Wheel-end components and assemblies		251,113	26.8	%	175,352		30.1	%
Truck body and chassis parts		131,558	14.1	%	68,790		11.8	%
Ductile and gray iron castings		146,837	15.7	%	90,492		15.6	%
	$	936,095	100	%	$	582,307	100	%

Predecessor:	Period from January 1 to February 26,				Year Ended
	2010				2009
	Amount		% of Sales		Amount		% of Sales
Wheels	$	38,379	41.9	%	$	238,745	46.4	%
Wheel-end components and assemblies	29,804		32.5	%	153,713		29.8	%
Truck body and chassis parts	12,022		13.1	%	72,462		14.1	%
Ductile and gray iron castings	11,442		12.5	%	49,829		9.7	%
	$	91,647	100	%	$	514,749	100.0	%