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Segment Reporting
 9 Months Ended
Sep. 30, 2015
Segment Reporting [Abstract]  
Segment Reporting
Segment Reporting
 
At September 30, 2015 the following includes a summary of the unaudited financial information by reporting segment: 
 
 
Three Months Ended 
 September 30,
 
Nine Months Ended 
 September 30,
(in thousands)
2015
 
2014
 
2015
 
2014
Net Sales
 
 
 
 
 
 
 
Industrial
$
127,385

 
$
126,356

 
$
362,818

 
$
309,543

Agricultural
58,919

 
58,872

 
160,357

 
163,315

European
45,310

 
49,555

 
131,971

 
142,286

Consolidated
$
231,614

 
$
234,783

 
$
655,146

 
$
615,144

 
 
 
 
 
 
 
 
Income from Operations
 

 
 

 
 
 
 
Industrial
$
11,741

 
$
12,201

 
$
31,178

 
$
28,629

Agricultural
7,778

 
4,594

 
12,292

 
9,384

European
4,051

 
4,731

 
8,663

 
8,940

Consolidated
$
23,570

 
$
21,526

 
$
52,133

 
$
46,953



(in thousands)
September 30, 2015
 
December 31, 2014
Goodwill
 
 
 
Industrial
$
56,498

 
$
57,320

Agricultural
2,963

 
695

European
16,621

 
17,676

Consolidated
$
76,082

 
$
75,691

 
 
 
 
Total Identifiable Assets
 
 
 
Industrial
$
385,522

 
$
367,096

Agricultural
109,325

 
113,286

European
150,075

 
152,504

Consolidated
$
644,922

 
$
632,886



The 2014 and 2015 acquisitions are reflected in the above segment reporting. Business units of Specialized are in the Industrial segment, Fieldquip and Herder are in the Agricultural segment and Kellands is in the European segment.