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Segment Reporting
3 Months Ended
Mar. 31, 2013
Segment Reporting [Abstract]  
Segment Reporting
Note 7 – 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.  The accounting policies of the reportable segments are the same as described in Note 1, Summary of Significant Accounting Policies of our Annual Report on Form 10-K for the year ended December 31, 2012.

 
 
 
 
Three Months Ended March 31,
 
 
2013
 
 
2012
 
Net sales:
 
 
 
 
 
 
Wheels
 
$
93,162
 
 
$
116,944
 
Gunite
 
 
39,396
 
 
 
68,563
 
Brillion Iron Works
 
 
30,429
 
 
 
43,810
 
Imperial Group
 
 
29,473
 
 
 
40,201
 
Consolidated total
 
$
192,460
 
 
$
269,518
 
 
 
 
 
 
 
 
 
Operating Income (loss):
 
 
 
 
 
 
 
 
Wheels
 
$
5,743
 
 
$
18,442
 
Gunite
 
 
(1,777
)
 
 
(2,168
)
Brillion Iron Works
 
 
575
 
 
 
3,173
 
Imperial Group
 
 
(1,217
)
 
 
(519
)
Corporate / Other
 
 
(9,313
)
 
 
(11,692
)
Consolidated total
 
$
(5,989
)
 
$
7,236
 

Excluded from net sales above, are inter-segment sales from Brillion Iron Works to Gunite, as shown in the table below: 

 
Three Months Ended March 31,
 
 
2013
 
 
2012
 
Inter-segment sales
 
$
2,448
 
 
$
8,856
 

 
As of
 
 
March 31, 2013
 
 
December 31, 2012
 
Total assets:
 
 
 
 
 
 
Wheels
 
$
479,037
 
 
$
486,118
 
Gunite 
 
 
58,666
 
 
 
54,707
 
Brillion Iron Works
 
 
55,378
 
 
 
51,435
 
Imperial Group
 
 
52,990
 
 
 
49,189
 
Corporate / Other
 
 
43,588
 
 
 
36,367
 
Consolidated total
 
$
689,659
 
 
$
677,816