XML 43 R31.htm IDEA: XBRL DOCUMENT v3.21.2
Revenue and Segment Information (Tables)
6 Months Ended
Jun. 30, 2021
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)2021202020212020
Net Sales
Wholegoods
$270,665 $206,858 $509,963 $450,389 
Parts
67,067 57,682 127,592 117,292 
Other
9,818 4,095 21,184 15,402 
Consolidated$347,550 $268,635 $658,739 $583,083 

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)2021202020212020
Net Sales
United States
$242,361 $200,517 $461,790 $434,676 
France
23,064 16,528 48,016 38,611 
Canada
25,675 14,785 44,884 28,397 
United Kingdom
15,817 10,779 28,316 24,008 
Netherlands8,680 6,239 16,165 13,886 
Brazil
8,303 3,717 14,184 8,263 
Australia
4,796 2,837 9,589 5,190 
Germany1,893 2,504 3,832 4,848 
Other
16,961 10,729 31,963 25,204 
Consolidated$347,550 $268,635 $658,739 $583,083 
Schedule of financial information by segment
The following includes a summary of the unaudited financial information by reporting segment at June 30, 2021:  
Three Months Ended
June 30,
Six Months Ended
June 30,
(in thousands)2021202020212020
Net Sales
Industrial
$231,207 $182,257 $443,118 $412,232 
Agricultural
116,343 86,378 215,621 170,851 
Consolidated$347,550 $268,635 $658,739 $583,083 
Income from Operations
Industrial
$19,934 $13,898 $36,025 $32,215 
Agricultural
13,656 8,763 23,003 14,302 
Consolidated$33,590 $22,661 $59,028 $46,517 
(in thousands)
June 30, 2021December 31, 2020
Goodwill
Industrial
$180,827 $181,338 
Agricultural
14,109 13,794 
Consolidated$194,936 $195,132 
Total Identifiable Assets
       Industrial
$917,336 $868,688 
       Agricultural
291,490 240,641 
Consolidated$1,208,826 $1,109,329