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Business Segment Information (Tables)
9 Months Ended
Sep. 30, 2012
Business Segment Information [Abstract]  
Reportable business segment level include both external and intersegment net sales
                                 
    Three Months Ended
September 30,
    Nine Months Ended
September 30,
 
(dollars in thousands)   2012     2011     2012     2011  

Net Sales

                               

Engineered Equipment Technology and Parts Group

                               

United States

  $ 18,775     $ 18,073     $ 57,202     $ 60,179  

Canada

    1,865       1,490       5,820       5,852  

China

    2,166       2,806       5,223       6,475  

Brazil

            864       121       1,851  

India

    173       104       173       229  
   

 

 

   

 

 

   

 

 

   

 

 

 

Subtotal (a)

    22,979       23,337       68,539       74,586  

Contracting / Services Group (a)

    6,166       7,284       20,577       22,554  

Component Parts Group (a)

    5,524       5,282       16,804       14,585  

Corporate and other (a) (b)

    —         253       19       880  

Eliminations

    (1,567     (3,209     (5,219     (11,165
   

 

 

   

 

 

   

 

 

   

 

 

 

Net sales

  $ 33,102     $ 32,947     $ 100,720     $ 101,440  
   

 

 

   

 

 

   

 

 

   

 

 

 

 

(a) The amounts presented at the reportable business segment level include both external and intersegment net sales and operating income(loss), as applicable. See following tables in this Note 15 under “Intra-segment and Inter-segment Revenues.”
(b) Includes corporate compensation, professional services, information technology, and other general and administrative corporate expenses. Also included are the operations of our Engineering Group, which are not significant to the overall operations of the Company and were sold in November 2011.
                                                         
    Three months ended September 30, 2012  
(dollars in thousands)   Total
sales
    Less intra-
segment
sales
               

Net sales to

outside

 
      Less inter-segment sales    
      EET&P     C/S     CP     Corp. (a)     customers  

Net Sales

                                                       

Engineered Equipment Technology and Parts Group

                                                       

United States

  $ 18,775     $ (334   $ —       $ (16   $ —       $ —       $ 18,425  

Canada

    1,865       (10     —         —         —         —         1,855  

China

    2,166       (379     —         —         —         —         1,787  

Brazil

    —         —         —         —         —         —         —    

India

    173       —         —         —         —         —         173  
   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

Subtotal

    22,979       (723     —         (16     —          —          22,240  

Contracting / Services Group

    6,166       (20     (502     —         —         —         5,644  

Component Parts Group

    5,524       (89     (3     (194     —         —         5,238  

Corporate and other (a)

    —         —         —         —         —         (20     (20
   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

Net sales

  $ 34,669     $ (832   $ (505   $ (210   $ —       $ (20   $ 33,102  
   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

 

(a) Includes adjustment for revenue on intercompany jobs.

 

                                                         
    Three months ended September 30, 2011  
    Total
sales
    Less intra-
segment
sales
                            Net sales  to
outside
customers
 
        Less inter-segment sales    
(dollars in thousands)       EET&P     C/S     CP     Corp. (a)    

Net Sales

                                                       

Engineered Equipment Technology and Parts Group

                                                       

United States

  $ 18,073     $ (669   $ —       $ (279   $ —       $ —       $ 17,125  

Canada

    1,490       —         —         —         —         —         1,490  

China

    2,806       (1,272     —         —         —         —         1,534  

Brazil

    864       —         —         —         —         —         864  

India

    104       —         —         —         —         —         104  
   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

Subtotal

    23,337       (1,941     —         (279     —         —         21,117  

Contracting / Services Group

    7,284       (13     (536     —         (42     (8     6,685  

Component Parts Group

    5,282       (71     (46     (207     —         —         4,958  

Corporate and other (a)

    253       —         —         (3     —         (63     187  
   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

Net sales

  $ 36,156     $ (2,025   $ (582   $ (489   $ (42   $ (71   $ 32,947  
   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

 

(a) Includes the operations of our Engineering Group, which is not significant to the overall operations of the Company, and adjustment for revenue on intercompany jobs. The Engineering Group was sold in November 2011.

 

                                                         
    Nine months ended September 30, 2012  
    Total
Sales
    Less intra-
segment
sales
                           

Net sales to

outside

 
        Less inter-segment sales    
(dollars in thousands)       EET&P     C/S     CP     Corp. (a)     customers  

Net Sales

                                                       

Engineered Equipment Technology and Parts Group

                                                       

United States

  $ 57,202     $ (687   $ —       $ (626   $ —       $ —       $ 55,889  

Canada

    5,820       63       —         —         —         —         5,883  

China

    5,223       (1,934     —         —         —         —         3,289  

Brazil

    121       —         —         —         —         —         121  

India

    173       —         —         —         —         —         173  
   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

Subtotal

    68,539       (2,558     —         (626     —         —         65,355  

Contracting / Services Group

    20,577       (68     (1,037     —         —         —         19,472  

Component Parts Group

    16,804       (236     (21     (693     —         —         15,854  

Corporate and other (a)

    19       —         —         (10     —         30       39  
   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

Net sales

  $ 105,939     $ (2,862   $ (1,058   $ (1,329   $ —       $ 30     $ 100,720  
   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

 

(a) Includes adjustment for revenue on intercompany jobs.
                                                         
    Nine months ended September 30, 2011  

(dollars in thousands)

  Total
sales
    Less intra-
segment
Sales
                            Net sales  to
outside
Customers
 
      Less inter-segment sales    
      EET&P     C/S     CP     Corp. (a)    

Net Sales

                                                       

Engineered Equipment Technology and Parts Group

                                                       

United States

  $ 60,179     $ (3,495   $ —       $ (2,754   $ —       $ —       $ 53,930  

Canada

    5,852       —         —         —         —         —         5,852  

China

    6,475       (1,798     —         —         —         —         4,677  

Brazil

    1,851       —         —         —         —         —         1,851  

India

    229       —         —         —         —         —         229  
   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

Subtotal

    74,586       (5,293     —         (2,754     —         —           66,539  

Contracting / Services Group

    22,554       (82     (1,761     —         (42     (53     20,616  

Component Parts Group

    14,585       (336     (123     (639     —         —         13,487  

Corporate and other (a)

    880       —         —         (42     —         (40     798  
   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

Net sales

  $ 112,605     $ (5,711   $ (1,884   $ (3,435   $ (42   $ (93   $ 101,440  
   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

 

(a) Includes the operations of our Engineering Group, which is not significant to the overall operations of the Company, and adjustment for revenue on intercompany jobs. The Engineering Group was sold in November 2011.
Intra-segment and Inter-segment Revenues.
    Three Months Ended
September 30,
    Nine Months Ended
September 30,
 
(dollars in thousands)   2012     2011     2012     2011  

Income (loss) from Operations

                               

Engineered Equipment Technology and Parts Group (a)

  $ 3,946     $ 3,294     $ 11,110     $ 8,303  

Contracting / Services Group (a)

    836       903       2,520       2,281  

Component Parts Group (a)

    966       820       3,378       2,674  

Corporate and other (a) (b)

    (1,455     (1,613     (4,667     (4,555

Eliminations

    (42     (94     (58     (133
   

 

 

   

 

 

   

 

 

   

 

 

 

Income from operations

  $ 4,251     $ 3,310     $ 12,283     $ 8,570  
   

 

 

   

 

 

   

 

 

   

 

 

 

 

(a) The amounts presented at the reportable business segment level include both external and intersegment net sales and operating income(loss), as applicable. See following tables in this Note 15 under “Intra-segment and Inter-segment Revenues.”
(b) Includes corporate compensation, professional services, information technology, and other general and administrative corporate expenses. Also included are the operations of our Engineering Group, which are not significant to the overall operations of the Company and were sold in November 2011.
Property and Equipment Additions
                                 
    Three Months Ended
September  30,
    Nine Months Ended
September 30,
 
(dollars in thousands)   2012     2011     2012     2011  

Property and Equipment Additions

                               

Engineered Equipment Technology and Parts Group

  $ 57     $ 78     $ 109     $ 144  

Contracting / Services Group

    14       63       44       72  

Component Parts Group

    21       236       59       268  

Corporate and other (c)

    10       21       22       170  
   

 

 

   

 

 

   

 

 

   

 

 

 

Property and equipment additions

  $ 102     $ 398     $ 234     $ 654  
   

 

 

   

 

 

   

 

 

   

 

 

 

 

(c) Includes Corporate and Engineering Group property and equipment additions. The Engineering Group was sold in November 2011.

 

                                 
    Three Months Ended
September 30,
    Nine Months Ended
September 30,
 
(dollars in thousands)   2012     2011     2012     2011  

Depreciation and Amortization

                               

Engineered Equipment Technology and Parts Group

  $ 146     $ 174       445     $ 618  

Contracting / Services Group

    53       59       163       173  

Component Parts Group

    48       49       144       132  

Corporate and other (d)

    53       58       158       163  
   

 

 

   

 

 

   

 

 

   

 

 

 

Depreciation and Amortization

  $ 300     $ 340       910     $ 1,086  
   

 

 

   

 

 

   

 

 

   

 

 

 

 

(d) Includes Corporate and Engineering Group depreciation and amortization. The Engineering Group was sold in November 2011.

 

                 
(dollars in thousands)   September 30,
2012
    December 31,
2011
 

Identifiable Assets

               

Engineered Equipment Technology and Parts Group

  $ 48,498     $ 51,480  

Contracting / Services Group

    26,837       18,588  

Component Parts Group

    6,078       5,577  

Corporate and other (e)

    8,568       9,705  

Eliminations (f)

    (5,526     (6,005
   

 

 

   

 

 

 

Identifiable Assets (g)

  $ 84,455     $ 79,345  
   

 

 

   

 

 

 

 

(e) Includes Corporate and Engineering Group identifiable assets. The Engineering Group was sold in November 2011. Corporate assets primarily consists of cash, income tax related assets, and intercompany note receivable.
(f) Includes eliminations for intercompany trade accounts receivable, intercompany job revenue, and intercompany note receivable.
(g) The Company has revised its business segment reporting primarily to exclude nontrade accounts receivable in order to better reflect the manner in which such assets are reviewed by management.
                 

(dollars in thousands)

  September 30,
2012
    December 31,
2011
 

Goodwill

               

Engineered Equipment Technology and Parts Group

  $ 14,777     $ 14,661