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Business Segments | 3 Months Ended
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Mar. 31, 2026
Segment Reporting [Abstract] |
Segment Reporting Disclosure [Text Block] | Business Segments The Company defines reportable and operating segments on the same basis used to evaluate performance internally by the chief operating decision maker ("CODM"), which the Company has determined is the Chief Executive Officer. The Company uses operating profit (loss) to evaluate segment profitability. The CODM uses operating profit (loss) to allocate resources predominately in the annual forecasting process and as the measure of segment profit or loss. The CODM considers forecast-to-actual variances on a monthly basis when assessing segment performance and making decisions about allocating resources to the segments. The Company has four segments, which include three in the lift truck business, as well as Bolzoni. Operating segments within the lift truck business include the Americas, EMEA and JAPIC, collectively the "lift truck business." Americas includes lift truck operations in the U.S., Canada, Mexico, Brazil, Latin America and the corporate headquarters. EMEA includes operations in Europe, the Middle East and Africa. JAPIC includes operations in the Asia and Pacific regions, including China. Certain amounts are allocated to these geographic operating segments and are included in the reportable segment results presented below, including product development costs, corporate headquarters' expenses and information technology infrastructure costs. These allocations among geographic operating segments are determined by senior management and not directly incurred by the geographic operations. In addition, other costs are incurred directly by these geographic operating segments based upon the location of the manufacturing plant or sales units, including manufacturing variances, product liability, warranty and sales discounts, which may not be associated with the geographic operating segments of the ultimate end user sales location where revenues and margins are reported. Therefore, the reported results of each operating segment for the lift truck business cannot be considered stand-alone entities as all segments are inter-related and integrate into a single global lift truck business. The Company reports the results of Bolzoni as a separate segment. Intercompany sales between Bolzoni and the lift truck business have been eliminated. During the second quarter of 2025, the Company announced a strategic business realignment of Nuvera Fuel Cells, LLC ("Nuvera") designed both to increase near-term profits and to create an integrated energy solutions program in the Americas operating segment, which is part of the HYMH business. Nuvera was merged into HYMH in the second quarter of 2025. As a result, the Company revised its operating segments to reflect changes in the way the CODM manages and evaluates the business. These changes did not impact the Company's unaudited condensed consolidated financial statements, but did impact its reportable segments. The historical and current results of the former Nuvera segment are now presented within the Americas operating segment. 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 The entire disclosure for reporting segments including data and tables. Reportable segments include those that meet any of the following quantitative thresholds a) it's reported revenue, including sales to external customers and intersegment sales or transfers is 10 percent or more of the combined revenue, internal and external, of all operating segments b) the absolute amount of its reported profit or loss is 10 percent or more of the greater, in absolute amount of 1) the combined reported profit of all operating segments that did not report a loss or 2) the combined reported loss of all operating segments that did report a loss c) its assets are 10 percent or more of the combined assets of all operating segments. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 21 -Subparagraph (b) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-21 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name 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