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Segment Information (Tables)

9 Months Ended

Sep. 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 September 30,								Nine months ended September 30,
		2014				2013				2014				2013
		(in thousands)
Net sales:
Water transmission		$	76,857			$	46,835			$	182,061			$	183,596
Tubular products			39,648				31,692				119,079				90,208
Total		$	116,505			$	78,527			$	301,140			$	273,804
Gross profit (loss):
Water transmission		$	16,559			$	7,932			$	29,718			$	39,927
Tubular products			(739	)			3,322				1,733				9,456
Total		$	15,820			$	11,254			$	31,451			$	49,383
Operating income (loss):
Water transmission		$	14,429			$	6,306			$	23,673			$	34,838
Tubular products			(1,155	)			2,951				550				8,460
Corporate			(3,943	)			(3,559	)			(10,619	)			(11,442	)
Total		$	9,331			$	5,698			$	13,604			$	31,856

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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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