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SEGMENTS (Tables)
12 Months Ended
Dec. 31, 2019
Segment Reporting [Abstract]  
Reportable Segment Information
Reportable segment information is as follows (in thousands):
 
Commercial
Trailer Products
 
Diversified
Products
 
Final Mile
Products
 
Corporate and
Eliminations
 
Consolidated
2019
 
 
 
 
 
 
 
 
 
Net sales
 
 
 
 
 
 
 
 
 
External customers
$
1,519,592

 
$
357,634

 
$
441,910

 
$

 
$
2,319,136

Intersegment sales
1,949

 
26,882

 

 
(28,831
)
 

Total net sales
$
1,521,541

 
$
384,516

 
$
441,910

 
$
(28,831
)
 
$
2,319,136

 
 
 
 
 
 
 
 
 
 
Depreciation and amortization
$
10,667

 
$
18,621

 
$
11,361

 
$
1,708

 
$
42,357

Income (Loss) from operations
$
145,877

 
$
29,748

 
$
9,804

 
$
(42,643
)
 
$
142,786

Assets
$
362,328

 
$
317,246

 
$
511,862

 
$
113,155

 
$
1,304,591

 
 
 
 
 
 
 
 
 
 
2018
 
 
 
 
 
 
 
 
 
Net sales
 
 
 
 
 
 
 
 
 
External customers
$
1,536,687

 
$
372,342

 
$
358,249

 
$

 
$
2,267,278

Intersegment sales
252

 
21,629

 

 
(21,881
)
 

Total net sales
$
1,536,939

 
$
393,971

 
$
358,249

 
$
(21,881
)
 
$
2,267,278

 
 
 
 
 
 
 
 
 
 
Depreciation and amortization
$
9,631

 
$
21,177

 
$
8,314

 
$
1,561

 
$
40,683

Income (Loss) from operations
$
141,795

 
$
(3,033
)
 
$
7,907

 
$
(35,682
)
 
$
110,987

Assets
$
355,183

 
$
349,423

 
$
484,634

 
$
115,153

 
$
1,304,393

 
 
 
 
 
 
 
 
 
 
2017
 
 
 
 
 
 
 
 
 
Net sales
 
 
 
 
 
 
 
 
 
External customers
$
1,348,251

 
$
348,449

 
$
70,461

 
$

 
$
1,767,161

Intersegment sales
131

 
12,909

 

 
(13,040
)
 

Total net sales
$
1,348,382

 
$
361,358

 
$
70,461

 
$
(13,040
)
 
$
1,767,161

 
 
 
 
 
 
 
 
 
 
Depreciation and amortization
$
9,975

 
$
22,236

 
$
1,152

 
$
1,690

 
$
35,053

Income (Loss) from operations
$
151,999

 
$
20,376

 
$
(2,098
)
 
$
(39,461
)
 
$
130,816

Assets
$
311,705

 
$
340,651

 
$
404,246

 
$
294,911

 
$
1,351,513


Major Product Categories and Percentage of Consolidated Net Sales The following table sets forth the major product categories and their percentage of consolidated net sales (dollars in thousands):
Year ended December 31, 2019
 
Commercial Trailer Products
 
Diversified Products
 
Final Mile Products
 
Eliminations
 
Consolidated
New trailers
 
$
1,464,636

 
$
198,043

 


 
$

 
$
1,662,679

 
71.7
%
Used trailers
 
435

 
2,044

 

 

 
2,479

 
0.1
%
Components, parts and service
 
40,344

 
113,024

 
15,023

 
(27,902
)
 
140,489

 
6.1
%
Equipment and other
 
16,126

 
71,405

 
426,887

 
(929
)
 
513,489

 
22.1
%
Total net external sales
 
$
1,521,541

 
$
384,516

 
$
441,910

 
$
(28,831
)
 
$
2,319,136

 
100.0
%
Year ended December 31, 2018
 
Commercial Trailer Products
 
Diversified Products
 
Final Mile Products
 
Eliminations
 
Consolidated
New trailers
 
$
1,473,583

 
$
164,790

 
$

 
$

 
$
1,638,373

 
72.2
%
Used trailers
 
9,618

 
3,514

 

 

 
13,132

 
0.6
%
Components, parts and service
 
34,994

 
122,099

 
9,968

 
(21,811
)
 
145,250

 
6.4
%
Equipment and other
 
18,744

 
103,568

 
348,281

 
(70
)
 
470,523

 
20.8
%
Total net external sales
 
$
1,536,939

 
$
393,971

 
$
358,249

 
$
(21,881
)
 
$
2,267,278

 
100.0
%
Year ended December 31, 2017
 
Commercial Trailer Products
 
Diversified Products
 
Final Mile Products
 
Eliminations
 
Consolidated
New trailers
 
$
1,273,584

 
$
140,105

 
$

 
$

 
$
1,413,689

 
80.0
%
Used trailers
 
10,720

 
3,278

 

 

 
13,998

 
0.8
%
Components, parts and service
 
48,008

 
117,681

 
1,877

 
(13,040
)
 
154,526

 
8.7
%
Equipment and other
 
16,070

 
100,294

 
68,584

 

 
184,948

 
10.5
%
Total net external sales
 
$
1,348,382

 
$
361,358

 
$
70,461

 
$
(13,040
)
 
$
1,767,161

 
100.0
%