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Acquisitions (Tables)
 12 Months Ended
Dec. 31, 2023
Business Acquisition [Line Items]  
Business Acquisition, Pro Forma Information
The following table presents the unaudited pro forma combined net sales of the Company, OSW, Ground Force and Deist for the years ended December 31, 2021 and 2020, assuming the transactions occurred on January 1, 2020. Pro forma combined income from continuing operations and pro forma diluted earnings per share are not presented, as they would not be materially different from the results reported for the years ended December 31, 2021 and 2020.
For the Years Ended December 31,
(in millions of dollars)20212020
Net sales$1,287.7 $1,229.1 
TowHaul  
Business Acquisition [Line Items]  
Schedule of Recognized Identified Assets Acquired and Liabilities Assumed
The following table summarizes the fair value of assets acquired and liabilities assumed as of the acquisition date:
(in millions of dollars)
Purchase price, inclusive of closing adjustments$43.3 
Total consideration43.3 
Accounts receivable1.5 
Inventories4.7 
Properties and equipment6.1 
Customer relationships (a)
6.9 
Trade names (b)
5.7 
Other intangible assets1.0 
Accounts payable(0.1)
Accrued liabilities(0.5)
Customer deposits(2.4)
Net assets acquired22.9 
Goodwill (c)
$20.4 
(a)    Represents the fair value assigned to customer relationships, which are considered to be definite-lived intangible assets, with an estimated useful life of 6 years.
(b)    Represents the fair value assigned to trade names, which are considered to be indefinite-lived intangible assets.
(c)    Goodwill, which is tax-deductible, has been allocated to the Environmental Solutions Group on the basis that the synergies identified will primarily benefit this segment.
Deist  
Business Acquisition [Line Items]  
Schedule of Recognized Identified Assets Acquired and Liabilities Assumed
The following table summarizes the fair value of assets acquired and liabilities assumed as of the acquisition date:
(in millions of dollars)
Purchase price, inclusive of closing adjustments$38.1 
Estimated fair value of additional consideration (a)
2.0 
Total consideration40.1 
Accounts receivable5.1 
Inventories8.8 
Prepaid expenses and other current assets0.2 
Properties and equipment8.5 
Customer relationships (b)
3.1 
Trade names (c)
5.2 
Other intangible assets1.1 
Accounts payable(1.8)
Accrued liabilities(3.2)
Customer deposits(0.6)
Net assets acquired26.4 
Goodwill (d)
$13.7 
(a)    Represents the estimated fair value of the contingent earn-out payment as of the acquisition date, which is included as a component of Other long-term liabilities on the Consolidated Balance Sheets. See Note 18 – Fair Value Measurements for discussion of the methodology used to determine the fair value of the contingent earn-out payment.
(b)    Represents the fair value assigned to customer relationships, which are considered to be definite-lived intangible assets, with an estimated useful life of five years.
(c)    Represents the fair value assigned to trade names, which are considered to be indefinite-lived intangible assets.
(d)    Goodwill, which is tax-deductible, has been allocated to the Environmental Solutions Group on the basis that the synergies identified will primarily benefit this segment.
Ground Force  
Business Acquisition [Line Items]  
Schedule of Recognized Identified Assets Acquired and Liabilities Assumed
The following table summarizes the fair value of assets acquired and liabilities assumed as of the acquisition date:
(in millions of dollars)
Purchase price, inclusive of closing adjustments$43.1 
Total consideration43.1 
Accounts receivable3.0 
Inventories4.0 
Prepaid expenses and other current assets0.2 
Properties and equipment1.3 
Operating lease right-of-use assets3.0 
Customer relationships (a)
16.8 
Trade names (b)
7.8 
Operating lease liabilities(3.0)
Accounts payable(1.8)
Accrued liabilities(0.7)
Customer deposits(2.9)
Net assets acquired27.7 
Goodwill (c)
$15.4 
(a)    Represents the fair value assigned to customer relationships, which are considered to be definite-lived intangible assets, with an estimated useful life of 12 years.
(b)    Represents the fair value assigned to trade names, which are considered to be indefinite-lived intangible assets.
(c)    Goodwill, which is tax-deductible, has been allocated to the Environmental Solutions Group on the basis that the synergies identified will primarily benefit this segment.
OSW  
Business Acquisition [Line Items]  
Schedule of Recognized Identified Assets Acquired and Liabilities Assumed
The following table summarizes the fair value of assets acquired and liabilities assumed as of the acquisition date:
(in millions of dollars)
Purchase price, inclusive of closing adjustments$53.2 
Total consideration53.2 
Cash1.3 
Accounts receivable3.5 
Inventories8.3 
Prepaid expenses and other current assets0.7 
Properties and equipment5.8 
Operating lease right-of-use assets12.3 
Customer relationships (a)
11.3 
Trade names (b)
8.4 
Other intangible assets0.2 
Operating lease liabilities(12.3)
Accounts payable(3.8)
Accrued liabilities(1.9)
Customer deposits(0.8)
Finance lease obligations(1.7)
Net assets acquired31.3
Goodwill (c)
$21.9 
(a)    Represents the fair value assigned to customer relationships, which are considered to be definite-lived intangible assets, with an estimated useful life of 12 years.
(b)    Represents the fair value assigned to trade names, which are considered to be indefinite-lived intangible assets.
(c)    Goodwill, the majority of which is tax-deductible, has been allocated to the Environmental Solutions Group on the basis that the synergies identified will primarily benefit this segment.
Trackless  
Business Acquisition [Line Items]  
Schedule of Recognized Identified Assets Acquired and Liabilities Assumed
The following table summarizes the preliminary fair value of assets acquired and liabilities assumed as of the acquisition date:
(in millions of dollars)
Purchase price, inclusive of closing adjustments$41.9 
Estimated fair value of additional consideration (a)
4.5 
Total consideration46.4 
Accounts receivable4.7 
Inventories15.0 
Prepaid expenses and other current assets0.1 
Rental equipment1.6 
Properties and equipment4.4 
Customer relationships (b)
10.5 
Trade names (c)
2.8 
Other intangible assets1.3 
Accounts payable(1.5)
Accrued liabilities(0.5)
Net assets acquired38.4
Goodwill (d)
$8.0 
(a)    Represents the preliminary estimated fair value of the contingent earn-out payment as of the acquisition date, which is included in Other long-term liabilities on the Consolidated Balance Sheets. See Note 18 – Fair Value Measurements for discussion of the methodology used to determine the fair value of the contingent earn-out payment.
(b)    Represents the preliminary fair value assigned to customer relationships, which are considered to be definite-lived intangible assets, with a preliminary estimated useful life of approximately 12 years.
(c)    Represents the preliminary fair value assigned to trade names, which are considered to be indefinite-lived intangible assets.
(d)    Goodwill, which is primarily tax-deductible, has been allocated to the Environmental Solutions Group on the basis that the synergies identified will primarily benefit this segment.
Blasters  
Business Acquisition [Line Items]  
Schedule of Recognized Identified Assets Acquired and Liabilities Assumed
As of December 31, 2023, the Company’s purchase price allocation for the Blasters acquisition is considered to be final.
The following table summarizes the fair value of assets acquired and liabilities assumed as of the acquisition date:
(in millions of dollars)
Purchase price, inclusive of closing adjustments$13.0 
Estimated fair value of additional consideration (a)
0.3 
Total consideration13.3 
Accounts receivable0.7 
Inventories4.6 
Prepaid expenses and other current assets0.1 
Properties and equipment0.9 
Operating lease right-of-use assets (b)
1.1 
Customer relationships (c)
4.4 
Trade names (d)
2.3 
Accounts payable(0.9)
Accrued liabilities(0.5)
Customer deposits(0.5)
Operating lease liabilities (b)
(1.1)
Finance lease obligations(0.1)
Net assets acquired11.0
Goodwill (e)
$2.3 
(a)    Represents the estimated fair value of the contingent earn-out payment as of the acquisition date, included in Other long-term liabilities on the Consolidated Balance Sheets. See Note 18 – Fair Value Measurements for discussion of the methodology used to determine the fair value of the contingent earn-out payment.
(b)    In connection with the acquisition, the Company entered into a lease agreement for the Blasters facility, which is owned by affiliates of the sellers. The related-party lease contains a market-based annual rent of $0.2 million, an initial lease term of five years, and options to renew.
(c)    Represents the fair value assigned to customer relationships, which are considered to be definite-lived intangible assets, with an estimated useful life of approximately 10 years.
(d)    Represents the fair value assigned to trade names, which are considered to be indefinite-lived intangible assets.
(e)    Goodwill, which is tax-deductible, has been allocated to the Environmental Solutions Group on the basis that the synergies identified will primarily benefit this segment.