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Segment Information
3 Months Ended
Mar. 31, 2013
Segment Information [Abstract]  
Segment Information

Note 4. 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, 2012. We evaluate segment performance based on segment net income or loss. 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, 2013 and 2012.

 

                                         

(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, 2013

 

Revenues from external customers

  $ 63,688     $ 20,743     $ 9,366     $ —       $ 93,797  

Net income (loss)

  $ 4,024     $ 932     $ 105     $ (2,190   $ 2,871  

Total assets

  $ 192,768     $ 43,774     $ 19,945     $ 8,160     $ 264,647  

 

                                         

(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  

Net income (loss)

  $ 6,934     $ 1,639     $ 961     $ (3,625   $ 5,909  

Total assets

  $ 205,572     $ 43,761     $ 21,254     $ 3,627     $ 274,214