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SEGMENT INFORMATION
 3 Months Ended
Mar. 31, 2012
Segment Reporting [Abstract]  
Segment information
SEGMENT INFORMATION

The table below presents information about certain revenues and income from operations used by the chief operating decision maker of the Company for the three months ended March 31, 2012 and 2011 (amounts in thousands):
 
Three months ended
 
March 31,
 
2012
 
2011
Revenues from external customers
 
 
 
Agricultural
$
295,805

 
$
209,997

Earthmoving/construction
104,568

 
66,511

Consumer
62,715

 
4,321

 
$
463,088

 
$
280,829

Gross profit
 

 
 

Agricultural
$
66,092

 
$
47,700

Earthmoving/construction
22,347

 
8,195

Consumer
5,699

 
1,002

Unallocated corporate
(775
)
 
(625
)
 
$
93,363

 
$
56,272

Income from operations
 

 
 

Agricultural
$
60,663

 
$
42,868

Earthmoving/construction
20,401

 
6,288

Consumer
3,102

 
916

Unallocated corporate
(25,495
)
 
(23,193
)
      Income from operations
58,671

 
26,879

 
 
 
 
Interest expense
(6,295
)
 
(6,280
)
Noncash convertible debt conversion charge
—

 
(16,135
)
Other income, net
3,111

 
193

      Income before income taxes
$
55,487

 
$
4,657



Assets by segment were as follows (amounts in thousands):
 
March 31, 2012
 
December 31, 2011
Total assets
 

 
 

Agricultural
$
519,223

 
$
444,611

Earthmoving/construction
212,687

 
193,566

Consumer
147,371

 
139,161

Unallocated corporate
219,918

 
232,948

 
$
1,099,199

 
$
1,010,286