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Revenue and Segment Information
6 Months Ended
Jun. 30, 2024
Segment Reporting [Abstract]  
Revenue and Segment Information Revenue and Segment Information
Revenues from Contracts with Customers

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)2024202320242023
Net Sales
Wholegoods
$328,120 $353,670 $671,698 $683,438 
Parts
71,579 72,959 141,080 142,333 
Other
16,604 14,065 29,111 26,694 
Consolidated$416,303 $440,694 $841,889 $852,465 

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)2024202320242023
Net Sales
United States
$295,187 $312,314 $588,989 $603,893 
Canada
30,792 37,464 69,678 64,329 
France
23,193 25,163 49,365 49,365 
United Kingdom
20,167 20,385 44,378 41,989 
Brazil
11,320 12,519 23,524 24,032 
Netherlands10,852 9,091 21,196 18,883 
Australia
7,055 7,768 11,559 15,550 
Germany2,357 3,103 5,176 5,572 
Other
15,380 12,887 28,024 28,852 
Consolidated$416,303 $440,694 $841,889 $852,465 

Net sales are attributed to countries based on the location of the customer.
Segment Information

The following includes a summary of the unaudited financial information by reporting segment at June 30, 2024:  
Three Months Ended
June 30,
Six Months Ended
June 30,
(in thousands)2024202320242023
Net Sales
Vegetation Management
$211,535 $261,346 $435,282 $517,781 
Industrial Equipment
204,768 179,348 406,607 334,684 
Consolidated$416,303 $440,694 $841,889 $852,465 
Income from Operations
Vegetation Management
$16,006 $35,561 $37,685 $72,069 
Industrial Equipment
27,303 18,831 52,603 31,347 
Consolidated$43,309 $54,392 $90,288 $103,416 
(in thousands)
June 30, 2024December 31, 2023
Goodwill
Vegetation Management
$127,779 $128,899 
Industrial Equipment
76,987 77,637 
Consolidated$204,766 $206,536 
Total Identifiable Assets
Vegetation Management
$933,278 $893,582 
Industrial Equipment
572,692 515,804 
Consolidated$1,505,970 $1,409,386