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Segment Reporting
 3 Months Ended
Mar. 31, 2012
Segment Reporting [Abstract]  
Segment Reporting

Note 5 — Segment Reporting

The Company has two reportable operating segments: MRO and OEM. The Company’s MRO segment is a distributor of products and services to the industrial, commercial, institutional, and governmental maintenance, repair and operations marketplace. The Company’s OEM segment manufactures, sells and distributes production and specialized component parts to the original equipment marketplace. The Company’s two reportable segments are distinguished by the nature of products distributed and sold, types of customers and manner of servicing them. The Company evaluates performance and allocates resources to reportable segments primarily based on operating income.

The following table presents summary financial information for the Company’s reportable segments:

 

                 
    (Amounts in thousands)  
    Three Months Ended March 31,  
    2012     2011  

Net sales

                

MRO

   $ 71,364     $ 79,255  

OEM

     4,598       3,324  
   

 

 

    

 

 

  

Consolidated total

   $ 75,962     $ 82,579  
   

 

 

    

 

 

  

Operating income (loss)

                

MRO

   $ (3,424 )    $ 3,600  

OEM

     591       145  
   

 

 

    

 

 

  

Consolidated total

     (2,833 )      3,745  
     

Interest expense

     (82 )      (512 ) 

Other income (expense), net

     (7 )      16  
   

 

 

    

 

 

  

Income (loss) from continuing operations before income taxes

   $ (2,922 )    $ 3,249