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v3.26.1

Business Segments | 3 Months Ended
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Mar. 31, 2026
Segment Reporting [Abstract] |
Schedule of Segment Reporting Information, by Segment [Table Text Block] | Financial information for each reportable segment is presented in the following table:
| THREE MONTHS ENDED |  |
| MARCH 31 |  |
| 2026 |  | 2025 |  |  |  |
Revenues from external customers |  |  |  |  |  |  |
Americas | $ | 578.4 |  |  | $ | 698.9 |  |  |  |  |
EMEA | 126.0 |  |  | 118.2 |  |  |  |  |
JAPIC | 35.3 |  |  | 47.3 |  |  |  |  |
Lift truck business | 739.7 |  |  | 864.4 |  |  |  |  |
Bolzoni | 82.9 |  |  | 80.3 |  |  |  |  |
Eliminations | (27.4) |  |  | (34.3) |  |  |  |  |
Total | $ | 795.2 |  |  | $ | 910.4 |  |  |  |  |
Cost of Sales |  |  |  |  |  |  |
Americas | $ | 484.7 |  |  | $ | 556.4 |  |  |  |  |
EMEA | 117.4 |  |  | 105.3 |  |  |  |  |
JAPIC | 33.3 |  |  | 43.9 |  |  |  |  |
Lift truck business | 635.4 |  |  | 705.6 |  |  |  |  |
Bolzoni | 62.4 |  |  | 61.8 |  |  |  |  |
Eliminations | (27.4) |  |  | (34.7) |  |  |  |  |
Total | $ | 670.4 |  |  | $ | 732.7 |  |  |  |  |
| THREE MONTHS ENDED |  |
| MARCH 31 |  |
| 2026 |  | 2025 |  |  |  |
Gross profit |  |  |  |  |  |  |
Americas | $ | 93.7 |  |  | $ | 142.5 |  |  |  |  |
EMEA | 8.6 |  |  | 12.9 |  |  |  |  |
JAPIC | 2.0 |  |  | 3.4 |  |  |  |  |
Lift truck business | 104.3 |  |  | 158.8 |  |  |  |  |
Bolzoni | 20.5 |  |  | 18.5 |  |  |  |  |
Eliminations | — |  |  | 0.4 |  |  |  |  |
Total | $ | 124.8 |  |  | $ | 177.7 |  |  |  |  |
Selling, general and administrative expenses |  |  |  |  |  |  |
Americas | $ | 93.8 |  |  | $ | 99.3 |  |  |  |  |
EMEA | 27.7 |  |  | 29.1 |  |  |  |  |
JAPIC | 9.1 |  |  | 9.9 |  |  |  |  |
Lift truck business | 130.6 |  |  | 138.3 |  |  |  |  |
Bolzoni | 20.6 |  |  | 17.9 |  |  |  |  |
Total | $ | 151.2 |  |  | $ | 156.2 |  |  |  |  |
Adjustments(a) |  |  |  |  |  |  |
Americas | $ | 1.6 |  |  | $ | 0.7 |  |  |  |  |
EMEA | — |  |  | (1.3) |  |  |  |  |
JAPIC | — |  |  | 0.8 |  |  |  |  |
Lift truck business | 1.6 |  |  | 0.2 |  |  |  |  |
Bolzoni | — |  |  | — |  |  |  |  |
Eliminations | — |  |  | — |  |  |  |  |
Total | $ | 1.6 |  |  | $ | 0.2 |  |  |  |  |
Operating profit (loss) |  |  |  |  |  |  |
Americas | $ | (1.7) |  |  | $ | 42.5 |  |  |  |  |
EMEA | (19.1) |  |  | (14.9) |  |  |  |  |
JAPIC | (7.1) |  |  | (7.3) |  |  |  |  |
Lift truck business | (27.9) |  |  | 20.3 |  |  |  |  |
Bolzoni | (0.1) |  |  | 0.6 |  |  |  |  |
Eliminations | — |  |  | 0.4 |  |  |  |  |
Total | $ | (28.0) |  |  | $ | 21.3 |  |  |  |  |
Interest expense |  |  |  |  |  |  |
Americas | $ | 6.8 |  |  | $ | 7.2 |  |  |  |  |
EMEA | 0.2 |  |  | 0.1 |  |  |  |  |
JAPIC | 0.2 |  |  | 0.3 |  |  |  |  |
Eliminations | (0.4) |  |  | (0.2) |  |  |  |  |
Lift truck business | 6.8 |  |  | 7.4 |  |  |  |  |
Bolzoni | 0.6 |  |  | 0.5 |  |  |  |  |
Eliminations | (0.2) |  |  | (0.2) |  |  |  |  |
Total | $ | 7.2 |  |  | $ | 7.7 |  |  |  |  |
| THREE MONTHS ENDED |  |
| MARCH 31 |  |
| 2026 |  | 2025 |  |  |  |
Depreciation and amortization |  |  |  |  |  |  |
Americas | $ | 4.3 |  |  | $ | 4.1 |  |  |  |  |
EMEA | 2.2 |  |  | 2.1 |  |  |  |  |
JAPIC | 1.6 |  |  | 1.7 |  |  |  |  |
Lift truck business | 8.1 |  |  | 7.9 |  |  |  |  |
Bolzoni | 3.2 |  |  | 3.1 |  |  |  |  |
Total | $ | 11.3 |  |  | $ | 11.0 |  |  |  |  |
Capital expenditures |  |  |  |  |  |  |
Americas | $ | (6.0) |  |  | $ | (6.1) |  |  |  |  |
EMEA | (2.3) |  |  | (1.1) |  |  |  |  |
JAPIC | (0.4) |  |  | (1.2) |  |  |  |  |
Lift truck business | (8.7) |  |  | (8.4) |  |  |  |  |
Bolzoni | (1.1) |  |  | (2.2) |  |  |  |  |
Total | $ | (9.8) |  |  | $ | (10.6) |  |  |  |  |
(a) Consists of restructuring charges (reversals) recognized during the three months ended March 31, 2026 and 2025 related to programs initiated in 2024. See Note 14, Restructuring and Impairment Charges, of the Company's unaudited condensed consolidated financial statements for further discussion.
| MARCH 31 2026 |  | DECEMBER 31 2025
Total assets |  |  |
Americas | $ | 1,593.1 |  |  | $ | 1,619.7 |
EMEA | 650.0 |  |  | 668.7 |
JAPIC | 261.5 |  |  | 263.2 |
Eliminations | (676.5) |  |  | (667.6) |
Lift truck business | 1,828.1 |  |  | 1,884.0 |
Bolzoni | 326.0 |  |  | 325.3 |
Eliminations | (196.0) |  |  | (188.7) |
Total | 1,958.1 |  |  | $ | 2,020.6 |

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- 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
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