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Segment Reporting
9 Months Ended
Sep. 30, 2014
Segment Reporting [Abstract]  
Segment Reporting


Note 9 – 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, 2013.

 
 
Three Months Ended September 30,
  
Nine Months Ended September 30,
 
(In thousands)
 
2014
  
2013
  
2014
  
2013
 
Net sales:
 
  
  
  
 
Wheels
 
$
106,685
  
$
87,978
  
$
300,058
  
$
280,608
 
Gunite
  
42,357
   
40,751
   
134,634
   
131,354
 
Brillion Iron Works
  
34,965
   
26,535
   
97,674
   
86,230
 
Consolidated total
 
$
184,007
  
$
155,264
  
$
532,366
  
$
498,192
 
 
                
Operating income (loss):
                
Wheels
 
$
11,847
  
$
7,973
  
$
33,446
  
$
25,467
 
Gunite
  
4,149
   
(150
)
  
14,670
   
1,396
 
Brillion Iron Works
  
1,680
   
296
   
3,444
   
2,726
 
Corporate / Other
  
(7,632
)
  
(8,844
)
  
(22,643
)
  
(29,152
)
Consolidated total
 
$
10,044
  
$
(725
)
 
$
28,917
  
$
437
 

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

 
Three Months Ended September 30,
 
Nine Months Ended September 30,
 
(In thousands)
2014
 
2013
 
2014
 
2013
 
Inter-segment sales
 
$
3,055
  
$
4,395
  
$
10,825
  
$
13,030
 


 
As of
 
(In thousands)
September 30, 2014
 
December 31, 2013
 
Total assets:
 
 
Wheels
 
$
466,620
  
$
452,271
 
Gunite
  
64,940
   
55,016
 
Brillion Iron Works
  
55,935
   
52,547
 
Corporate / Other
  
34,391
   
51,943
 
Consolidated total
 
$
621,886
  
$
611,777