XML 49 R32.htm IDEA: XBRL DOCUMENT v3.26.1

Segment Information (Tables)

3 Months Ended

Mar. 31, 2026

Segment Reporting Information, Revenue for Reportable Segment [Abstract]

Reconciliation Of Sales To Earnings Before Income Taxes by Segment

The following tables illustrate certain measurements used by management to assess the performance of the segments described above (in thousands):

			Three Months Ended March 31, 2026
			Residential						Agtech						Infrastructure						Total
Net sales			$	281,435					$	55,630					$	19,222					$	356,287
Less (1):
Operating expenses (2)			261,189						52,303						15,505						328,997
Segment profit			20,246						3,327						3,717						27,290
Reconciliation of segment profit
Unallocated corporate expenses																					(31,746)
Interest expense, net																					(13,024)
Other income, net																					814
Loss before taxes from continuing operations																					$	(16,666)

			Three Months Ended March 31, 2025
			Residential						Agtech						Infrastructure						Total
Net sales			$	179,994					$	45,040					$	21,323					$	246,357
Less (1):
Operating expenses (2)			148,734						41,655						16,065						206,454
Segment profit			31,260						3,385						5,258						39,903
Reconciliation of segment profit
Unallocated corporate expenses																					(11,248)
Interest income, net																					1,637
Other expense, net																					(76)
Income before taxes from continuing operations																					$	30,216

Footnotes:

(1)The significant expense category and amounts align with the segment-level information that is regularly provided to the CODM.

(2)Operating expenses for each reportable segment includes inventory and manufacturing expenses, employee compensation, depreciation and amortization, freight services, other costs of sales expenses, and other selling, general and administrative expenses.

The following table presents the reported segments' and unallocated corporate reported depreciation and amortization (in thousands):

			Three Months Ended March 31,
			2026						2025
Residential			$	12,129					$	2,527
Agtech			2,088						2,760
Infrastructure			713						701
Unallocated corporate expenses			973						818
Total depreciation and amortization			$	15,903					$	6,806

The following table presents the assets of the reported segments, unallocated corporate assets and assets of discontinued operations as of (in thousands):

			March 31, 2026						December 31, 2025
Residential			$	2,234,221					$	639,397
Agtech			297,733						290,785
Infrastructure			80,552						78,266
Unallocated corporate assets			85,706						192,793
Assets of discontinued operations			89,283						192,362
Total assets			$	2,787,495					$	1,393,603

Disaggregation of Revenue

The following presents disaggregated revenue by timing of transfer of control to customers by reported segment (in thousands):

			Three Months Ended March 31, 2026
			Residential						Agtech						Infrastructure						Total
Point in Time			$	281,435					$	368					$	7,088					$	288,891
Over Time			—						55,262						12,134						67,396
Total net sales			$	281,435					$	55,630					$	19,222					$	356,287

			Three Months Ended March 31, 2025
			Residential						Agtech						Infrastructure						Total
Point in Time			$	179,994					$	276					$	7,880					$	188,150
Over Time			—						44,764						13,443						58,207
Total net sales			$	179,994					$	45,040					$	21,323					$	246,357

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
-Topic 606
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 5
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147479806/606-10-50-5

+ Details

Name:	us-gaap_DisaggregationOfRevenueTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types: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
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 25
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-25

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 22
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-22

Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 30
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-30

+ Details

Name:	us-gaap_ScheduleOfSegmentReportingInformationBySegmentTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- References

No definition available.

+ Details

Name:	us-gaap_SegmentReportingInformationRevenueAbstract
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration