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Segment Information
9 Months Ended
Sep. 30, 2011
Segment Information [Abstract] 
Segment Information

Note 6. Segment Information

The segment information and the accounting policies of each segment are the same as those described in the notes to the consolidated financial statements entitled “Segment Information” and “Summary of Significant Accounting Policies and Practices,” respectively, included in our annual report on Form 10-K for the fiscal year ended December 31, 2010. We evaluate segment performance based on segment net income or loss after income taxes. We account for inter-segment sales and transfers at current market prices. We did not have any significant inter-segment transactions during the three and nine month periods ended September 30, 2011 and 2010.

 

                                         

(In Thousands of Dollars)

   Metal Bearing
Components
Segment		     Precision
Metal
Components
Segment		     Plastic and
Rubber
Components
Segment		     Corporate and
Consolidations		     Total  

Three Months ended September 30, 2011

  

Revenues from external customers

   $ 72,476     $ 17,910     $ 10,757     $ —       $ 101,143  
           

Segment net income (loss)

   $ 6,064     $ (468 )    $ 117     $ (1,011 )    $ 4,702  
           

Nine Months ended September 30, 2011

                                        

Revenues from external customers

   $ 241,084     $ 53,846     $ 33,441     $ —       $ 328,371  
           

Segment net income (loss)

   $ 24,794     $ (3,806 )    $ 1,853     $ (6,807 )    $ 16,034  
           

Total assets

   $ 198,408     $ 45,728     $ 20,868     $ 3,974     $ 268,978  

 

                                         

(In Thousands of Dollars)

   Metal Bearing
Components
Segment		     Precision
Metal
Components
Segment		     Plastic and
Rubber
Components
Segment		     Corporate and
Consolidations		     Total  

Three Months ended September 30, 2010

  

Revenues from external customers

   $ 67,584     $ 13,410     $ 10,002     $ —       $ 90,996  
           

Segment net income (loss)

   $ 4,900     $ (3,502 )    $ 487     $ (2,893 )    $ (1,008 ) 
           

Nine Months ended September 30, 2010

                                        

Revenues from external customers

   $ 196,473     $ 43,021     $ 29,535     $ —       $ 269,029  
           

Segment net income (loss)

   $ 17,485     $ (6,003 )    $ 1,937     $ (9,081 )    $ 4,338  
           

Total assets

   $ 194,330     $ 31,953     $ 18,884     $ 3,590     $ 248,757