Segment Information

6 Months Ended

Jun. 30, 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 and six month periods ended June 30, 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 June 30, 2014
Revenues from external customers	$	73,038	$	25,267	$	8,375	$	—		$	106,680
Net income (loss)	$	5,808	$	1,457	$	267	$	(2,332	)	$	5,200
Six Months ended June 30, 2014
Revenues from external customers	$	143,938	$	49,005	$	16,265	$	—		$	209,208
Net income (loss)	$	11,764	$	3,098	$	418	$	(4,842	)	$	10,438
Total assets	$	227,313	$	54,529	$	17,718	$	7,860		$	307,420
(In Thousands of Dollars)	Metal Bearing Components Segment		Precision Metal Components Segment		Plastic and Rubber Components Segment		Corporate and Consolidations			Total
Three Months ended June 30, 2013
Revenues from external customers	$	65,869	$	21,543	$	8,893	$	—		$	96,305
Net income (loss)	$	4,847	$	1,819	$	201	$	(2,097	)	$	4,770
Six Months ended June 30, 2013
Revenues from external customers	$	129,557	$	42,286	$	18,259	$	—		$	190,102
Net income (loss)	$	8,871	$	2,868	$	460	$	(4,558	)	$	7,641
Total assets	$	189,756	$	41,484	$	19,909	$	10,290		$	261,439