XML 47 R31.htm IDEA: XBRL DOCUMENT
v3.19.2

Revenue and Segment Information (Tables) | 6 Months Ended
--- | ---
Jun. 30, 2019
Segment Reporting [Abstract] |
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) | 2019 |  | 2018 |  | 2019 |  | 2018
Net Sales |  |  |  |  |  |  |
Wholegoods | $ | 229,069 |  | $ | 209,359 |  | $ | 437,103 |  | $ | 399,724
Parts | 49,617 |  | 43,247 |  | 97,871 |  | 87,242
Other | 6,500 |  | 4,519 |  | 12,146 |  | 8,246
Consolidated | $ | 285,186 |  | $ | 257,125 |  | $ | 547,120 |  | $ | 495,212
Other includes rental sales, extended warranty sales and service sales as it is considered immaterial.
Revenue by Geographical Location |  |  |  |  |  |  |
| Three Months Ended June 30, |  |  |  | Six Months Ended June 30, |  |
(in thousands) | 2019 |  | 2018 |  | 2019 |  | 2018
Net Sales |  |  |  |  |  |  |
United States | $ | 188,652 |  | $ | 183,291 |  | $ | 373,965 |  | $ | 348,468
France | 27,619 |  | 24,346 |  | 53,554 |  | 49,273
Canada | 17,361 |  | 15,418 |  | 31,305 |  | 29,652
United Kingdom | 14,082 |  | 12,419 |  | 27,880 |  | 25,862
Brazil | 5,702 |  | 4,858 |  | 9,975 |  | 10,318
Netherlands | 10,132 |  | 1,877 |  | 12,806 |  | 3,166
China | 6,999 |  | 129 |  | 8,211 |  | 383
Germany | 2,452 |  | 493 |  | 3,341 |  | 896
Australia | 1,827 |  | 3,145 |  | 4,323 |  | 5,527
Other | 10,360 |  | 11,149 |  | 21,760 |  | 21,667
Consolidated | $ | 285,186 |  | $ | 257,125 |  | $ | 547,120 |  | $ | 495,212
Schedule of financial information by segment | The following includes a summary of the unaudited financial information by reporting segment at June 30, 2019:
| Three Months Ended June 30, |  |  |  | Six Months Ended June 30, |  |
(in thousands) | 2019 |  | 2018 |  | 2019 |  | 2018
Net Sales |  |  |  |  |  |  |
Industrial | $ | 168,000 |  | $ | 150,031 |  | $ | 326,425 |  | $ | 282,198
Agricultural | 55,159 |  | 59,071 |  | 108,332 |  | 117,718
European | 62,027 |  | 48,023 |  | 112,363 |  | 95,296
Consolidated | $ | 285,186 |  | $ | 257,125 |  | $ | 547,120 |  | $ | 495,212
Income from Operations |  |  |  |  |  |  |
Industrial | $ | 20,172 |  | $ | 16,165 |  | $ | 36,644 |  | $ | 27,965
Agricultural | 4,234 |  | 6,186 |  | 6,406 |  | 11,439
European | 4,943 |  | 4,435 |  | 8,905 |  | 8,743
Consolidated | $ | 29,349 |  | $ | 26,786 |  | $ | 51,955 |  | $ | 48,147
(in thousands) | June 30, 2019 |  | December 31, 2018
Goodwill |  |  |
Industrial | $ | 61,433 |  | $ | 61,107
Agricultural | 6,276 |  | 6,230
European | 25,425 |  | 15,906
Consolidated | $ | 93,134 |  | $ | 83,243
Total Identifiable Assets |  |  |
Industrial | $ | 465,860 |  | $ | 421,539
Agricultural | 177,673 |  | 162,548
European | 223,046 |  | 137,546
Consolidated | $ | 866,579 |  | $ | 721,633

X
- Definition Tabular disclosure of disaggregation of revenue into categories depicting how nature, amount, timing, and uncertainty of revenue and cash flows are affected by economic factor. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 606 -SubTopic 10 -Section 50 -Paragraph 5 -URI http://asc.fasb.org/extlink&oid=118956577&loc=SL49130545-203045 + Details
Name: | us-gaap_DisaggregationOfRevenueTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -URI http://asc.fasb.org/extlink&oid=115929826&loc=d3e8736-108599 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 25 -URI http://asc.fasb.org/extlink&oid=115929826&loc=d3e8813-108599 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=108376223&loc=d3e13816-109267 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 21 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=115929826&loc=d3e8721-108599 Reference 5: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -URI http://asc.fasb.org/extlink&oid=115929826&loc=d3e8906-108599 + Details
Name: | us-gaap_ScheduleOfSegmentReportingInformationBySegmentTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_SegmentReportingAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration