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SEGMENT REPORTING
6 Months Ended
Jun. 30, 2023
Segment Reporting [Abstract]  
SEGMENT REPORTING SEGMENT REPORTING
The Company's reportable business segments are: Service Centers, Innovative Pumping Solutions and Supply Chain Services. The Service Centers segment is engaged in providing MRO products, equipment and integrated services, including logistics capabilities, to business-to-business 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, manufactures branded private label pumps and provides products and process lines for the water and wastewater treatment industries. 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.

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 June 30,Six Months Ended June 30,
 2023202220232022
Sales  
Service Centers$298,432 $251,098 $593,658 $469,894 
Innovative Pumping Solutions63,441 57,788 125,439 110,846 
Supply Chain Services 66,167 58,926 133,210 106,483 
Total Sales$428,040 $367,812 $852,307 $687,223 
Operating Income
Service Centers$44,129 $32,368 $88,834 $59,719 
Innovative Pumping Solutions10,178 8,726 20,483 15,795 
Supply Chain Services5,416 4,958 10,929 8,978 
Total Segments Operating Income $59,723 $46,052 $120,246 $84,492 

The following table presents reconciliations of income from operations for reportable segments to the consolidated income before taxes (in thousands):
 Three Months Ended June 30,Six Months Ended June 30,
 2023202220232022
Income from operations for reportable segments$59,723 $46,052 $120,246 $84,492 
Adjustment for:
Amortization of intangible assets4,582 4,591 9,340 8,826 
Corporate expenses17,661 15,541 38,027 28,186 
Income from operations$37,480 $25,920 72,879 47,480 
Interest expense11,863 5,615 23,384 10,777 
Other (income) expense, net(242)839 (712)1,377 
Income before income taxes$25,859 $19,466 $50,207 $35,326