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Business Segments (Tables)
3 Months Ended
Dec. 31, 2012
Summary of Information Regarding Segments

The following table summarizes certain information regarding segments of the Company’s continuing operations:

 

     Three Months Ended
December 31,
 
     2012     2011  

Net sales:

    

Forged Components Group

   $ 27,445      $ 22,688   

Turbine Component Services and Repair Group

     1,255        2,038   
  

 

 

   

 

 

 

Consolidated net sales

   $ 28,700      $ 24,726   
  

 

 

   

 

 

 

Operating income (loss):

    

Forged Components Group

   $ 3,548      $ 2,186   

Turbine Component Services and Repair Group

     (544     (133

Corporate unallocated expenses

     (1,557     (878
  

 

 

   

 

 

 

Consolidated operating income

     1,447        1,175   

Interest expense, net

     101        90   

Foreign currency exchange (gain) loss, net

     7        (13

Other income, net

     (77     (117
  

 

 

   

 

 

 

Consolidated income from continuing operations before income tax provision

   $ 1,416      $ 1,215   
  

 

 

   

 

 

 

Depreciation and amortization expense:

    

Forged Components Group

   $ 1,363      $ 1,428   

Turbine Component Services and Repair Group

     81        77   

Corporate unallocated expenses

     75        74   
  

 

 

   

 

 

 

Consolidated depreciation and amortization expense

   $ 1,519      $ 1,579   
  

 

 

   

 

 

 

LIFO expense (income) for the Forged Components Group

   $ (178   $ 159   
Schedule of Identifiable Assets by Segment
     December 31,
2012
     September 30,
2012
 

Identifiable assets

     

Forged Components Group

   $ 84,406       $ 84,518   

Turbine Component Services and Repair Group

     3,172         3,480   

Corporate

     11,222         12,063   

Assets of business held for sale

     0         6,484   
  

 

 

    

 

 

 

Consolidated total assets

   $ 98,800       $ 106,545