Segment Information

3 Months Ended

Mar. 31, 2012

Segment Information [Abstract]

Segment Information

Note 5. 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, 2011. 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 month periods ended March 31, 2012 and 2011.

(In Thousands of Dollars)	Metal Bearing Components Segment		Precision Metal Components Segment			Plastic and Rubber Components Segment		Corporate and Consolidations			Total
Three Months ended March 31, 2012
Revenues from external customers	$	72,130	$	21,312		$	11,077	$	—		$	104,519
Segment net income (loss)	$	6,934	$	1,639		$	961	$	(3,625	)	$	5,909
Total assets	$	205,572	$	43,761		$	21,254	$	3,627		$	274,214
Three Months ended March 31, 2011
Revenues from external customers	$	83,782	$	16,402		$	11,123	$	—		$	111,307
Segment net income (loss)	$	9,831	$	(2,208	)	$	818	$	(2,934	)	$	5,507
Total assets	$	206,778	$	40,751		$	20,471	$	5,173		$	273,173