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Segment Reporting
 12 Months Ended
Dec. 31, 2012
Segment Reporting [Abstract]  
Segment Reporting
Segment Reporting

The Company has two 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 accounting policies of the segments are the same as those described in Note 2 – Summary of Significant Accounting Policies.

Financial information for the Company’s reportable segments from continuing operations consisted of the following:
 
(Dollars in thousands)
 
Year Ended December 31,
 
2012
 
2011
 
2010
Net sales
 
 
 
 
 
MRO
$
273,562

 
$
300,399

 
$
303,138

OEM
16,925

 
14,560

 
13,642

Consolidated total
$
290,487

 
$
314,959

 
$
316,780

Operating income (loss)
 
 
 
 
 
MRO
$
(12,461
)
 
$
(2,466
)
 
$
14,522

OEM
1,918

 
952

 
283

Severance expenses
(8,021
)
 
(1,614
)
 
(3,629
)
Gain (loss) on sale of assets
3,721

 
(22
)
 
1,701

Goodwill impairment
(28,306
)
 
—

 
—

Other operating income (expense)
—

 
(2,346
)
 
4,050

Consolidated total
(43,149
)
 
(5,496
)
 
16,927

Interest expense
(775
)
 
(681
)
 
(391
)
Other income (expense), net
(56
)
 
101

 
160

Income (loss) from continuing operations before income taxes
$
(43,980
)
 
$
(6,076
)
 
$
16,696

 
 
 
 
 
 
Capital expenditures
 
 
 
 
 
MRO
$
18,127

 
$
11,066

 
$
10,038

OEM
374

 
66

 
10

Consolidated total
$
18,501

 
$
11,132

 
$
10,048

 
 
 
 
 
 
Depreciation and amortization
 
 
 
 
 
MRO
$
7,085

 
$
5,342

 
$
5,900

OEM
49

 
362

 
406

Consolidated total
$
7,134

 
$
5,704

 
$
6,306

 
 
 
 
 
 
Total assets
 
 
 
 
 
MRO
$
162,011

 
$
194,422

 
$
210,273

OEM
10,498

 
10,336

 
9,749

Segment total
172,509

 
204,758

 
220,022

Corporate
72

 
17,580

 
15,743

Discontinued operations
350

 
410

 
619

Consolidated total
$
172,931

 
$
222,748

 
$
236,384



Financial information related to the Company’s continuing operations by geographic area consisted of the following:
 
(Dollars in thousands)
 
Year Ended December 31,
 
2012
 
2011
 
2010
Net sales
 
 
 
 
 
United States
$
262,121

 
$
285,071

 
$
288,054

Canada
28,366

 
29,888

 
28,726

Consolidated total
$
290,487

 
$
314,959

 
$
316,780

 
 
 
 
 
 
Long-lived assets
 
 
 
 
 
United States
$
63,904

 
$
49,353

 
$
41,006

Canada
3,251

 
3,349

 
3,436

Consolidated total
$
67,155

 
$
52,702

 
$
44,442



Net sales are attributed to countries based on the location of customers. Long-lived assets consist of property, plant and equipment.