Segment Information

12 Months Ended

Dec. 31, 2011

Segment Information [Abstract]

Segment Information

12) Segment Information

We determined our reportable segments under the provisions of U.S. GAAP related to disclosures about segments of an enterprise. Our three reportable segments are based on differences in product lines and are as follows:

Metal Bearing Components Segment

• Erwin Plant

• Mountain City Plant

• Pinerolo Plant

• Veenendaal Plant

• Kysucke Plant

• Kunshan Plant

Plastic and Rubber Components Segment

• Danielson Plant

• Lubbock Plant

Precision Metal Components Segment

• Wellington Plant 1

• Wellington Plant 2

Note: The segment information below includes the following former NN facilities. The Eltmann Plant was deconsolidated from NN on January 20, 2011. The Tempe plant ceased operations August 31, 2010. The Hamilton Plant was closed during the first quarter of 2009.

All of the facilities in the Metal Bearing Components Segment are engaged in the production of precision steel balls, steel rollers, and metal retainers and automotive specialty products used primarily in the bearing industry. The Plastic and Rubber Components Segment facilities are engaged in the production of plastic retainers for bearing components, automotive components, electronic instrument cases and other molded components used in a variety of industrial and consumer applications and precision rubber bearing seals for the bearing, automotive, industrial, agricultural, and aerospace markets. The Precision Metal Components Segment is engaged in the production of highly engineered precision metal components and subassemblies including, highly engineered shafts, mechanical components, complex precision assembled and tested parts and fluid system components for the automotive, HVAC, fluid power, and diesel engine industries.

The accounting policies of the segments are the same as those described in the summary of significant accounting policies. We evaluate segment performance based on segment net income (loss) after income tax expense (benefit). We account for inter-segment sales and transfers at current market prices. We did not have any individually material inter-segment transactions during 2011, 2010, or 2009.

	Metal Bearing Components Segment			Precision Metal Components Segment			Plastic and Rubber Components Segment			Corporate and Consolidations			Total
December 31, 2011
Net sales	$	308,883		$	72,272		$	43,536		$	—		$	424,691
Interest expense		214			1,279			960			2,262			4,715
Depreciation and amortization		12,295			3,346			1,371			4			17,016
Income tax expense		4,785			—			—			383			5,168
Segment net income (loss)		30,360			(3,143	)		1,919			(8,199	)		20,937
Segment assets		188,872			47,027			19,740			3,822			259,461
Expenditures for long- lived assets		11,791			7,194			1,344			—			20,329
December 31, 2010
Net sales	$	271,339		$	54,913		$	39,117		$	—		$	365,369
Interest expense		660			1,629			960			3,566			6,815
Depreciation and amortization		13,522			4,230			1,439			4			19,195
Income tax expense (benefit)		4,687			—			—			(118	)		4,569
Segment net income (loss)		24,910			(8,922	)		2,504			(12,076	)		6,416
Segment assets		190,700			34,839			18,871			4,145			248,555
Expenditures for long- lived assets		5,450			9,015			784			—			15,249
December 31, 2009
Net sales	$	183,605		$	45,003		$	30,775		$	—		$	259,383
Interest expense		959			1,359			960			3,081			6,359
Depreciation and amortization		17,002			3,573			1,607			4			22,186
Income tax expense (benefit)		(4,621	)		—			—			2,331			(2,290	)
Segment net loss		(16,108	)		(4,391	)		(2,091	)		(12,744	)		(35,334	)
Segment assets		190,482			29,208			18,435			4,527			242,652
Expenditures for long- lived assets		3,187			993			75			—			4,255

Due to the large number of countries in which we sell our products, sales to external customers and long-lived assets utilized by us are reported in the following geographical regions:

	December 31, 2011				December 31, 2010				December 31, 2009
	Net Sales		Property, Plant and Equipment, Net		Net Sales		Property, Plant and Equipment, Net		Net Sales		Property, Plant and Equipment, Net
United States	$	140,492	$	46,959	$	120,576	$	41,906	$	91,688	$	40,188
Europe		193,948		56,442		162,438		61,813		118,556		74,331
Asia		42,591		17,127		41,616		14,769		27,463		15,196
Canada		6,172		—		3,909		—		1,771		—
Mexico		23,024		—		18,032		—		8,127		—
S. America		18,464		—		18,798		—		11,778		—
All foreign countries		284,199		73,569		244,793		76,582		167,695		89,527
Total	$	424,691	$	120,528	$	365,369	$	118,488	$	259,383	$	129,715