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Segment Information (Tables)

6 Months Ended

Jun. 30, 2014

Segment Reporting [Abstract]

Segment Information Report of Statements of Operations

The operating results of the OCTG business have been classified as discontinued operations and are not included in the operating results presented below.

		Three months ended June 30,								Six months ended June 30,
		2014				2013				2014				2013
		(in thousands)
Net sales:
Water transmission		$	62,205			$	58,148			$	105,204			$	136,761
Tubular products			39,783				29,794				79,431				58,516
Total		$	101,988			$	87,942			$	184,635			$	195,277
Gross profit (loss):
Water transmission		$	11,491			$	12,125			$	13,159			$	31,995
Tubular products			(174	)			3,085				2,472				6,134
Total		$	11,317			$	15,210			$	15,631			$	38,129
Operating income (loss):
Water transmission		$	9,543			$	10,499			$	9,244			$	28,532
Tubular products			(589	)			2,774				1,705				5,509
Corporate			(3,555	)			(4,004	)			(6,676	)			(7,883	)
Total		$	5,399			$	9,269			$	4,273			$	26,158

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- Definition

Tabular disclosure of the profit or loss for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss.

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