Segment Reporting

3 Months Ended

Mar. 31, 2015

Segment Reporting [Abstract]

Segment Reporting

Segment Reporting

At March 31, 2015 the following includes a summary of the unaudited financial information by reporting segment: 

	Three Months Ended   March 31,
(in thousands)	2015		2014
Net Sales
Industrial	$	116,912	$	77,711
Agricultural	48,457		50,808
European	42,429		44,091
Consolidated	$	207,798	$	172,610
Income from Operations
Industrial	$	9,337	$	6,300
Agricultural	792		2,415
European	1,999		1,916
Consolidated	$	12,128	$	10,631

(in thousands)	March 31, 2015		December 31, 2014
Goodwill
Industrial	$	53,565	$	54,036
Agricultural	3,146		695
European	16,120		17,676
Consolidated	$	72,831	$	72,407
Total Identifiable Assets
Industrial	$	363,103	$	363,812
Agricultural	138,495		113,286
European	145,898		152,504
Consolidated	$	647,496	$	629,602

The 2014 and 2015 acquisitions are reflected in the above segment reporting. Business units of Specialized are in the Industrial segment, Fieldquip and Herder are in the Agricultural segment and Kellands is in the European segment.