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Revenue and Segment Reporting (Tables)
12 Months Ended
Dec. 31, 2022
Segment Reporting [Abstract]  
Disaggregation of Revenue Management has determined that this level of disaggregation would be beneficial to users of the financial statements.
Revenue by Product Type
December 31,
(in thousands)202220212020
Net Sales
Wholegoods$1,185,885 $1,024,158 $885,254 
Parts280,261 262,432 247,126 
Other *47,470 47,633 31,086 
Consolidated$1,513,616 $1,334,223 $1,163,466 
    *Other includes rental sales, extended warranty sales and service sales as it is considered immaterial.
Schedule of Segment Reporting Information, by Segment The following table presents the revenue and income from operations by reporting segment for the years ended December 31, 2022, 2021, and 2020:
 
 December 31,
(in thousands)202220212020
Net Revenue   
Vegetation Management$937,065 $812,676 $654,630 
Industrial Equipment576,551 521,547 508,836 
Consolidated$1,513,616 $1,334,223 $1,163,466 
Income from Operations   
Vegetation Management$108,508 $78,917 $46,651 
Industrial Equipment40,084 38,021 48,134 
Consolidated$148,592 $116,938 $94,785 

The following table presents the goodwill and total identifiable assets by reporting segment for the years ended December 31, 2022 and 2021:
 
December 31,
(in thousands)20222021
Goodwill
Vegetation Management$127,562 $132,963 
Industrial Equipment68,296 69,443 
Consolidated$195,858 $202,406 
Identifiable Assets
Vegetation Management$866,974 $789,838 
Industrial Equipment441,534 415,904 
Consolidated$1,308,508 $1,205,742