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Segment Information
 9 Months Ended
Sep. 30, 2013
Segment Reporting [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, except for the allocation of interest to certain segments. In order to enhance the analysis of segment operating performance, from the third quarter of 2013 interest costs that were previously allocated to certain segments will be reported under Corporate and Consolidations. The 2013 and 2012 segment information below has been amended for this change in segment reporting. 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 and nine month periods ended September 30, 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 September 30, 2013

  

Revenues from external customers

    $ 64,817       $ 18,790       $ 9,416       $ —        $ 93,023   

Net income (loss)

    $ 5,468       $ 1,337       $ 4       $ (1,757 )    $ 5,052   

Nine Months ended September 30, 2013

              

Revenues from external customers

    $ 194,374       $ 61,076       $ 27,675       $ —        $ 283,125   

Net income (loss)

    $ 14,339       $ 4,205       $ 462       $ (6,313 )    $ 12,693   

Total assets

    $ 193,270       $ 39,440       $ 17,734       $ 10,986      $ 261,430   

(In Thousands of Dollars)

    Metal Bearing
Components
Segment		      Precision
Metal
Components
Segment		      Plastic and
Rubber
Components
Segment		      Corporate and
Consolidations		     Total  

Three Months ended September 30, 2012

  

Revenues from external customers

    $ 58,298       $ 17,132       $ 11,156       $ —        $ 86,586   

Net income (loss)

    $ 4,503       $ 1,894       $ 484       $ (3,766 )    $ 3,115   

Nine Months ended September 30, 2012

              

Revenues from external customers

    $ 196,196       $ 61,005       $ 32,728       $ —        $ 289,929   

Net income (loss)

    $ 17,718       $ 6,055       $ 2,725       $ (10,436 )    $ 16,062   

Total assets

    $ 199,063       $ 37,830       $ 20,629       $ 3,542      $ 261,064