Segment Reporting

6 Months Ended

Jun. 30, 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 June 30,						Six Months Ended June 30,
(In thousands)	2013			2012			2013			2012
Net sales:
Wheels	$	99,468		$	112,881		$	192,630		$	229,825
Gunite		51,207			67,280			90,603			135,843
Brillion Iron Works		29,266			49,326			59,695			93,136
Imperial Group		31,377			39,296			60,850			79,497
Consolidated total	$	211,318		$	268,783		$	403,778		$	538,301
Operating income (loss):
Wheels	$	11,751		$	16,106		$	17,494		$	34,548
Gunite		3,323			(1,875	)		1,546			(4,043	)
Brillion Iron Works		1,855			7,598			2,430			10,771
Imperial Group		(284	)		(302	)		(1,501	)		(821	)
Corporate / Other		(10,945	)		(11,935	)		(20,258	)		(23,627	)
Consolidated total	$	5,700		$	9,592		$	(289	)	$	16,828
Income (loss) Before Income Taxes:
Wheels	$	12,513		$	18,157		$	19,868		$	37,359
Gunite		(3,701	)		(6,967	)		(11,840	)		(13,505	)
Brillion Iron Works		2,113			6,642			2,730			8,622
Imperial Group		6			(377	)		(1,059	)		(991	)
Corporate / Other		(14,829	)		(16,957	)		(28,135	)		(32,339	)
Consolidated total	$	(3,898	)	$	498		$	(18,436	)	$	(854	)

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

	Three Months Ended June 30,				Six Months Ended June 30,
(In thousands)	2013		2012		2013		2012
Inter-segment sales	$	6,187	$	8,874	$	8,635	$	17,730

	As of
(In thousands)	June 30, 2013		December 31, 2012
Total assets:
Wheels	$	477,797	$	486,118
Gunite		67,254		54,707
Brillion Iron Works		54,643		51,435
Imperial Group		49,863		49,189
Corporate / Other		40,287		36,367
Consolidated total	$	689,844	$	677,816