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SEGMENT REPORTING
3 Months Ended
Mar. 31, 2021
Segment Reporting [Abstract]  
SEGMENT REPORTING SEGMENT REPORTINGThe Company's reportable business segments are: Service Centers, Innovative Pumping Solutions and Supply Chain Services. The Service Centers segment is engaged in providing maintenance, MRO products, equipment and integrated services, including logistics capabilities, to industrial customers. The Service Centers segment provides a wide range of MRO products in the rotating equipment, bearing, power transmission, hose, fluid power, metal working, industrial supply, safety products and safety services categories. The Innovative Pumping Solutions segment fabricates and assembles custom-made pump packages,
re-manufactures pumps and manufactures branded private label pumps. The Supply Chain Services segment provides a wide range of MRO products and manages all or part of a customer's supply chain, including warehouse and inventory management.

The high degree of integration of the Company's operations necessitates the use of a substantial number of allocations and apportionments in the determination of business segment information. Sales are shown net of inter-segment eliminations.

The following table sets out financial information related to the Company's segments excluding amortization (in thousands):
Three Months Ended March 31,
20212020
 SCIPSSCSTotalSCIPSSCSTotal
Product sales1
$165,371 $— $31,777 $197,148 $169,795 $— $44,152 $213,947 
Inventory services2
— — 4,196 $4,196 — — 4,225 $4,225 
Staffing services3
21,027 — — $21,027 12,790 — — $12,790 
Pump production4
— 23,245 — $23,245 — 70,021 — $70,021 
Total Revenue$186,398 $23,245 $35,973 $245,616 $182,585 $70,021 $48,377 $300,983 
Income (loss) from operations$22,116 $947 $2,323 $25,386 $16,926 $10,428 $3,755 $31,109 

1Product sales that are recognized at a point in time.
2 Inventory management services that are recognized over the contract life.
3Staffing services that are invoiced on a day-rate basis.
4Custom pump production is recognized over time.
The following table presents reconciliations of operating income for reportable segments to the consolidated income before taxes (in thousands):
 Three Months Ended March 31,
 20212020
Operating income for reportable segments$25,386 $31,109 
Adjustment for:
Amortization of intangible assets4,146 3,197 
Impairment and other charges— — 
Corporate expenses15,028 16,997 
Income (loss) from operations$6,212 $10,915 
Interest expense5,243 4,377 
Other (income) expense, net(430)(834)
Income (loss) before income taxes$1,399 $7,372