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SEGMENT INFORMATION
6 Months Ended
Jun. 30, 2014
Segment Reporting [Abstract]  
Segment information
SEGMENT INFORMATION

The table below presents information about certain operating results of segments as reviewed by the chief executive officer of the Company for the three and six months ended June 30, 2014 and 2013 (amounts in thousands):

Three months ended
 
Six months ended

June 30,
 
June 30,
 
2014
 
2013
 
2014
 
2013
Revenues from external customers
 
 
 
 

 

Agricultural
$
285,274

 
$
323,943

 
$
602,440

 
$
634,496

Earthmoving/construction
163,961

 
208,226

 
316,901

 
417,842

Consumer
74,496

 
61,122

 
143,330

 
119,340

 
$
523,731

 
$
593,291

 
$
1,062,671

 
$
1,171,678

Gross profit
 

 
 

 
 
 
 
Agricultural
$
42,517

 
$
56,150

 
$
89,782

 
$
110,220

Earthmoving/construction
(23,255
)
 
26,820

 
(19,457
)
 
64,315

Consumer
4,114

 
4,331

 
8,196

 
10,478

Unallocated corporate
(816
)
 
(646
)
 
(1,411
)
 
(1,607
)
 
$
22,560

 
$
86,655

 
$
77,110

 
$
183,406

Income (loss) from operations
 

 
 

 
 
 
 
Agricultural
$
28,078

 
$
45,686

 
$
58,619

 
$
87,301

Earthmoving/construction
(38,235
)
 
8,519

 
(49,329
)
 
29,198

Consumer
(1,814
)
 
1,027

 
(3,374
)
 
4,169

Unallocated corporate
(17,496
)
 
(18,326
)
 
(35,119
)
 
(35,879
)
      Income (loss) from operations
(29,467
)
 
36,906

 
(29,203
)
 
84,789

 
 
 
 
 
 
 
 
Interest expense
(8,926
)
 
(13,069
)
 
(18,185
)
 
(23,510
)
Convertible debt conversion charge

 

 

 
(7,273
)
Gain on earthquake insurance recovery

 
22,451

 

 
22,451

Other income (expense), net
6,335

 
(2,429
)
 
6,851

 
(1,010
)
      Income (loss) before income taxes
$
(32,058
)
 
$
43,859

 
$
(40,537
)
 
$
75,447



Assets by segment were as follows (amounts in thousands):
 
June 30,
2014
 
December 31,
2013
Total assets
 

 
 

Agricultural
$
698,041

 
$
725,032

Earthmoving/construction
676,543

 
749,564

Consumer
225,227

 
172,320

Unallocated corporate
162,699

 
174,315

 
$
1,762,510

 
$
1,821,231