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Revenue and Segment Information (Tables)

3 Months Ended

Mar. 31, 2025

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 March 31,
(in thousands)			2025						2024
Net Sales
Wholegoods			$	313,140					$	343,579
Parts			61,375						69,501
Other			16,435						12,506
Consolidated			$	390,950					$	425,586

Other includes rental sales, extended warranty sales and service sales as they are considered immaterial.

Revenue by Geographical Location
			Three Months Ended March 31,
(in thousands)			2025						2024
Net Sales
United States			$	275,473					$	293,802
Canada			39,099						38,886
France			21,748						26,172
United Kingdom			21,475						24,211
Brazil			9,380						12,204
Netherlands			5,684						10,344
Australia			5,675						4,504
Germany			1,432						2,819
Other			10,984						12,644
Consolidated			$	390,950					$	425,586

Schedule of Unaudited Financial Information by Reporting Segment

The following includes a summary of the unaudited financial information by reporting segment at March 31, 2025:  

			Vegetation						Industrial
Three Months Ended March 31, 2025 (in thousands)			Division						Division						Consolidated
Net Sales			$	163,890					$	227,060					$	390,950
Less:
Cost of Sales			(121,513)						(166,596)						(288,109)
Operating Expenses			(29,065)						(29,314)						(58,379)
Income from Operations			13,312						31,150						44,462
Interest Income															1,238
Other Income (Expense)															(663)
Interest Expense															(3,194)
Income Before Taxes															41,843
Taxes															10,043
Net Income															$	31,800

			Vegetation						Industrial
Three Months Ended March 31, 2024 (in thousands)			Division						Division						Consolidated
Net Sales			$	223,747					$	201,839					$	425,586
Less:
Cost of Sales			(164,545)						(149,409)						(313,954)
Operating Expenses			(37,523)						(27,130)						(64,653)
Income from Operations			21,679						25,300						46,979
Interest Income															801
Other Income (Expense)															98
Interest Expense															(6,091)
Income Before Taxes															41,787
Taxes															9,667
Net Income															$	32,120

Schedule of Goodwill and Total Identifiable Assets by Reporting Segment

(in thousands)			March 31, 2025						December 31, 2024
Goodwill
Vegetation Management			$	127,873					$	126,729
Industrial Equipment			76,709						76,298
Consolidated			$	204,582					$	203,027
Total Identifiable Assets
Vegetation Management			$	905,674					$	852,007
Industrial Equipment			599,020						598,272
Consolidated			$	1,504,694					$	1,450,279

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

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-Topic 606
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
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- Definition

Tabular disclosure of all significant reconciling items in the reconciliation of total assets from reportable segments to the entity's consolidated assets.

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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.

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