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Segment Information
3 Months Ended
Mar. 31, 2014
Segment Reporting [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, 2013. We evaluate segment performance based on segment net income (loss). The 2013 segment net income (loss) amounts were amended to remove interest costs, net of taxes formerly allocated to the segments prior to the third quarter of 2013. 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, 2014 and 2013.

 

(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, 2014

  

Revenues from external customers

   $ 70,900       $ 23,738       $ 7,890       $ —        $ 102,528   

Net income (loss)

   $ 5,956       $ 1,641       $ 151       $ (2,510   $ 5,238   

Total assets

   $ 206,825       $ 54,812       $ 16,939       $ 8,413      $ 286,989   

(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       $ 1,049       $ 259       $ (2,461   $ 2,871   

Total assets

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