XML 44 R31.htm IDEA: XBRL DOCUMENT v3.20.2
Revenue and Segment Information (Tables)
 6 Months Ended
Jun. 30, 2020
Segment Reporting [Abstract]  
Disaggregation of revenue
Disaggregation of revenue is presented in the tables below by product type and by geographical location. Management has determined that this level of disaggregation would be beneficial to users of the financial statements.
Revenue by Product Type
Three Months Ended
June 30,		Six Months Ended
June 30,
(in thousands)2020201920202019
Net Sales
Wholegoods
$206,858  $229,069  $450,389  $437,103  
Parts
57,682  49,617  117,292  97,871  
Other
4,095  6,500  15,402  12,146  
Consolidated$268,635  $285,186  $583,083  $547,120  

Other includes rental sales, extended warranty sales and service sales as it is considered immaterial.

Revenue by Geographical Location
Three Months Ended
June 30,		Six Months Ended
June 30,
(in thousands)2020201920202019
Net Sales
United States
$200,517  $188,652  $434,676  $373,965  
France
16,528  27,619  38,611  53,554  
Canada
14,785  17,361  28,397  31,305  
United Kingdom
10,779  14,082  24,008  27,880  
Brazil
3,717  5,702  8,263  9,975  
Netherlands6,239  10,132  13,886  12,806  
China154  6,999  231  8,211  
Germany2,504  2,452  4,848  3,341  
Australia
2,837  1,827  5,190  4,323  
Other
10,575  10,360  24,973  21,760  
Consolidated$268,635  $285,186  $583,083  $547,120  
Schedule of financial information by segment
The following includes a summary of the unaudited financial information by reporting segment at June 30, 2020:  
Three Months Ended
June 30,		Six Months Ended
June 30,
(in thousands)
2020201920202019
Net Sales
Industrial
$182,257  $194,304  $412,232  $367,834  
Agricultural
86,378  90,882  170,851  179,286  
Consolidated$268,635  $285,186  $583,083  $547,120  
Income from Operations
Industrial
$13,898  $21,538  $32,215  $38,485  
Agricultural
8,763  7,811  14,302  13,470  
Consolidated$22,661  $29,349  $46,517  $51,955  

(in thousands)
June 30, 2020December 31, 2019
Goodwill
Industrial
$182,672  $183,307  
Agricultural
12,785  14,715  
Consolidated$195,457  $198,022  
Total Identifiable Assets
       Industrial
$913,295  $922,738  
       Agricultural
276,393  290,025  
Consolidated$1,189,688  $1,212,763