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Segment Information
6 Months Ended
Jun. 30, 2011
Segment Information [Abstract]  
Segment Information
Note 6. Segment Information
The segment information and the accounting policies of each segment are the same as those described in the notes to the consolidated financial statements entitled “Segment Information” and “Summary of Significant Accounting Policies and Practices,” respectively, included in our annual report on Form 10-K for the fiscal year ended December 31, 2010. We evaluate segment performance based on segment net income or loss after income taxes. We account for inter-segment sales and transfers at current market prices. We did not have any significant inter-segment transactions during the three and six month periods ended June 30, 2011 and 2010.
                                         
            Precision   Plastic and        
    Metal Bearing   Metal   Rubber        
  Components   Components   Components   Corporate and    
(In Thousands of Dollars)   Segment   Segment   Segment   Consolidations   Total
 
 
                                       
Three Months ended June 30, 2011                        
Revenues from external customers
  $ 84,827     $ 19,534     $ 11,561     $     $ 115,922  
 
                                       
Segment net income (loss)
  $ 8,898     $ (1,130 )   $ 918     $ (2,859 )   $ 5,827  
 
                                       
Six Months ended June 30, 2011                        
Revenues from external customers
  $ 168,609     $ 35,936     $ 22,684     $     $ 227,229  
 
                                       
Segment net income (loss)
  $ 18,729     $ (3,338 )   $ 1,736     $ (5,793 )   $ 11,334  
 
                                       
Total assets
  $ 208,313     $ 44,703     $ 21,559     $ 4,155     $ 278,730  
                                         
            Precision   Plastic and        
    Metal Bearing   Metal   Rubber        
  Components   Components   Components   Corporate and    
(In Thousands of Dollars)   Segment   Segment   Segment   Consolidations   Total
 
 
                                       
Three Months ended June 30, 2010                        
Revenues from external customers
  $ 66,866     $ 16,017     $ 9,810     $     $ 92,693  
 
                                       
Segment net income (loss)
  $ 8,256     $ (592 )   $ 750     $ (3,291 )   $ 5,123  
 
                                       
Six Months ended June 30, 2010                        
Revenues from external customers
  $ 128,889     $ 29,611     $ 19,533     $     $ 178,033  
 
                                       
Segment net income (loss)
  $ 13,290     $ (2,499 )   $ 1,450     $ (6,893 )   $ 5,348  
 
                                       
Total assets
  $ 179,365     $ 33,441     $ 18,772     $ 4,036     $ 235,614