| Segment Reporting |
Segment Reporting At September 30, 2016 the following includes a summary of the unaudited financial information by reporting segment: | | | | | | | | | | | | | | | | | | Three Months Ended
September 30, | | Nine Months Ended
September 30, | (in thousands) | 2016 | | 2015 | | 2016 | | 2015 | Net Sales | | | | | | | | Industrial | $ | 121,205 |
| | $ | 127,385 |
| | $ | 361,629 |
| | $ | 362,818 |
| Agricultural | 56,443 |
| | 58,919 |
| | 156,950 |
| | 160,357 |
| European | 39,118 |
| | 45,310 |
| | 120,647 |
| | 131,971 |
| Consolidated | $ | 216,766 |
| | $ | 231,614 |
| | $ | 639,226 |
| | $ | 655,146 |
| | | | | | | | | Income from Operations | |
| | |
| | | | | Industrial | $ | 9,318 |
| | $ | 11,741 |
| | $ | 30,016 |
| | $ | 31,178 |
| Agricultural | 7,928 |
| | 7,778 |
| | 16,735 |
| | 12,292 |
| European | 3,766 |
| | 4,051 |
| | 8,591 |
| | 8,663 |
| Consolidated | $ | 21,012 |
| | $ | 23,570 |
| | $ | 55,342 |
| | $ | 52,133 |
|
| | | | | | | | | (in thousands) | September 30, 2016 | | December 31, 2015 | Goodwill | | | | Industrial | $ | 56,574 |
| | $ | 56,293 |
| Agricultural | 3,521 |
| | 2,984 |
| European | 15,788 |
| | 16,232 |
| Consolidated | $ | 75,883 |
| | $ | 75,509 |
| | | | | Total Identifiable Assets | | | | Industrial | $ | 362,430 |
| | $ | 370,642 |
| Agricultural | 116,768 |
| | 110,489 |
| European | 145,684 |
| | 122,372 |
| Consolidated | $ | 624,882 |
| | $ | 603,503 |
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