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Revenue and Segment Information (Tables)
6 Months Ended
Jun. 30, 2023
Segment Reporting [Abstract]  
Schedule of 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)2023202220232022
Net Sales
Wholegoods
$353,670 $313,884 $683,438 $594,827 
Parts
72,959 70,825 142,333 138,797 
Other
14,065 11,505 26,694 24,595 
Consolidated$440,694 $396,214 $852,465 $758,219 

Other includes rental sales, extended warranty sales and service sales as they are considered immaterial.
Revenue by Geographical Location
Three Months Ended
June 30,
Six Months Ended
June 30,
(in thousands)2023202220232022
Net Sales
United States
$312,314 $283,102 $603,893 $538,289 
Canada
37,464 23,276 64,329 43,729 
France
25,163 23,671 49,365 46,717 
United Kingdom
20,385 17,395 41,989 35,069 
Brazil
12,519 14,109 24,032 27,203 
Netherlands9,091 3,862 18,883 7,342 
Australia
7,768 5,785 15,550 12,941 
Germany3,103 1,427 5,572 1,758 
Other
12,887 23,587 28,852 45,171 
Consolidated$440,694 $396,214 $852,465 $758,219 
Schedule of Segment Reporting Information, by Segment
The following includes a summary of the unaudited financial information by reporting segment at June 30, 2023:  
Three Months Ended
June 30,
Six Months Ended
June 30,
(in thousands)2023202220232022
Net Sales
Vegetation Management
$261,346 $255,003 $517,781 $476,009 
Industrial Equipment
179,348 141,211 334,684 282,210 
Consolidated$440,694 $396,214 $852,465 $758,219 
Income from Operations
Vegetation Management
$35,561 $32,796 $72,069 $51,130 
Industrial Equipment
18,831 8,120 31,347 18,905 
Consolidated$54,392 $40,916 $103,416 $70,035 
(in thousands)
June 30, 2023December 31, 2022
Goodwill
Vegetation Management
$128,785 $127,562 
Industrial Equipment
68,660 68,296 
Consolidated$197,445 $195,858 
Total Identifiable Assets
Vegetation Management
$973,555 $866,974 
Industrial Equipment
484,204 441,534 
Consolidated$1,457,759 $1,308,508