Revenue Recognition

6 Months Ended

Jun. 30, 2023

Revenue from Contract with Customer [Abstract]

Revenue Recognition

Revenue Recognition

The following tables disaggregate the Company's revenue by major source for the three and six month periods ended June 30, 2023 and 2022 (excluding intercompany sales):

	Three Months Ended June 30, 2023								Three Months Ended June 30, 2022
(in millions)	Infrastructure Solutions		Materials Solutions		Corporate and Other		Total		Infrastructure Solutions		Materials Solutions		Corporate and Other		Total
Net Sales-Domestic:
Equipment sales	$	113.3	$	75.4	$	0.4	$	189.1	$	114.1	$	55.8	$	0.1	$	170.0
Parts and component sales	50.3		22.3		—		72.6		43.7		21.1		—		64.8
Service and equipment installation revenue	17.9		0.2		0.1		18.2		5.9		0.1		—		6.0
Used equipment sales	1.7		—		—		1.7		0.3		—		—		0.3
Freight revenue	5.3		2.4		—		7.7		6.2		2.2		—		8.4
Other	0.1		(2.9)		(0.1)		(2.9)		0.1		(1.2)		—		(1.1)
Total domestic revenue	188.6		97.4		0.4		286.4		170.3		78.0		0.1		248.4
Net Sales-International:
Equipment sales	17.8		20.4		1.2		39.4		27.0		18.1		0.8		45.9
Parts and component sales	9.2		10.3		—		19.5		11.0		10.1		0.1		21.2
Service and equipment installation revenue	1.3		1.4		0.1		2.8		0.6		0.5		0.2		1.3
Used equipment sales	0.2		0.4		—		0.6		—		0.1		—		0.1
Freight revenue	1.0		0.3		—		1.3		0.7		0.4		—		1.1
Other	—		—		—		—		—		0.2		—		0.2
Total international revenue	29.5		32.8		1.3		63.6		39.3		29.4		1.1		69.8
Total net sales	$	218.1	$	130.2	$	1.7	$	350.0	$	209.6	$	107.4	$	1.2	$	318.2

	Six Months Ended June 30, 2023								Six Months Ended June 30, 2022
(in millions)	Infrastructure Solutions		Materials Solutions		Corporate and Other		Total		Infrastructure Solutions		Materials Solutions		Corporate and Other		Total
Net Sales-Domestic:
Equipment sales	$	220.2	$	143.1	$	1.7	$	365.0	$	209.3	$	101.4	$	0.1	$	310.8
Parts and component sales	109.6		43.6		0.1		153.3		100.1		41.9		—		142.0
Service and equipment installation revenue	34.4		0.4		0.1		34.9		12.6		0.3		—		12.9
Used equipment sales	2.6		—		—		2.6		2.0		—		—		2.0
Freight revenue	12.2		4.5		—		16.7		12.8		3.8		—		16.6
Other	0.1		(5.1)		0.2		(4.8)		0.2		(1.6)		—		(1.4)
Total domestic revenue	379.1		186.5		2.1		567.7		337.0		145.8		0.1		482.9
Net Sales-International:
Equipment sales	42.0		33.8		3.2		79.0		43.6		32.8		0.8		77.2
Parts and component sales	22.2		20.1		0.1		42.4		23.3		19.8		0.1		43.2
Service and equipment installation revenue	2.3		2.3		0.3		4.9		1.8		1.2		0.2		3.2
Used equipment sales	0.6		0.8		—		1.4		0.2		0.6		—		0.8
Freight revenue	1.8		0.6		—		2.4		1.2		0.7		—		1.9
Other	—		—		0.1		0.1		—		0.2		—		0.2
Total international revenue	68.9		57.6		3.7		130.2		70.1		55.3		1.1		126.5
Total net sales	$	448.0	$	244.1	$	5.8	$	697.9	$	407.1	$	201.1	$	1.2	$	609.4

Sales into major geographic regions were as follows:

	Three Months Ended June 30,				Six Months Ended June 30,
(in millions)	2023		2022		2023		2022
United States	$	286.4	$	248.4	$	567.7	$	482.9
Canada	13.5		22.1		35.3		36.3
Australia	14.1		10.3		23.8		20.5
Africa	9.9		5.9		18.0		15.0
Europe	5.5		7.9		16.5		13.3
Brazil	9.3		7.0		13.8		10.8
South America (Excluding Brazil)	3.7		7.4		9.3		12.6
Asia	2.8		3.1		3.7		7.1
Central America (Excluding Mexico)	1.0		1.0		3.1		3.6
Mexico	2.0		4.2		2.8		4.9
Other	1.8		0.9		3.9		2.4
Total foreign	63.6		69.8		130.2		126.5
Total net sales	$	350.0	$	318.2	$	697.9	$	609.4

As of June 30, 2023, the Company had contract assets of $3.0 million and contract liabilities, excluding customer deposits, of $5.3 million, including $2.3 million of deferred revenue related to extended warranties. As of December 31, 2022, the Company

had contract assets of $3.8 million and contract liabilities, excluding customer deposits, of $5.5 million, including $2.9 million of deferred revenue related to extended warranties.