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SEGMENT INFORMATION
6 Months Ended
Jun. 30, 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 and six months ended June 30, 2012 and 2011 (amounts in thousands):
 
Three months ended
 
Six months ended
 
June 30,
 
June 30,
 
2012
 
2011
 
2012
 
2011
Revenues from external customers
 
 
 
 
 
 
 
Agricultural
$
288,993

 
$
257,268

 
$
584,798

 
$
467,265

Earthmoving/construction
110,541

 
76,895

 
215,109

 
143,406

Consumer
59,699

 
70,284

 
122,414

 
74,605

 
$
459,233

 
$
404,447

 
$
922,321

 
$
685,276

Gross profit
 

 
 

 
 
 
 
Agricultural
$
59,501

 
$
47,166

 
$
125,593

 
$
94,866

Earthmoving/construction
19,562

 
11,218

 
41,909

 
19,413

Consumer
3,773

 
6,753

 
9,472

 
7,755

Unallocated corporate
(750
)
 
(803
)
 
(1,525
)
 
(1,428
)
 
$
82,086

 
$
64,334

 
$
175,449

 
$
120,606

Income from operations
 

 
 

 
 
 
 
Agricultural
$
54,562

 
$
42,800

 
$
115,225

 
$
85,668

Earthmoving/construction
17,516

 
9,702

 
37,917

 
15,990

Consumer
27,416

 
4,821

 
30,518

 
5,737

Unallocated corporate
(18,525
)
 
(12,926
)
 
(44,020
)
 
(36,119
)
      Income from operations
80,969

 
44,397

 
139,640

 
71,276

 
 
 
 
 
 
 
 
Interest expense
(6,217
)
 
(6,149
)
 
(12,512
)
 
(12,429
)
Noncash convertible debt conversion charge

 

 

 
(16,135
)
Other income, net
613

 
2,270

 
3,724

 
2,463

      Income before income taxes
$
75,365

 
$
40,518

 
$
130,852

 
$
45,175



Assets by segment were as follows (amounts in thousands):
 
June 30,
2012
 
December 31, 2011
Total assets
 

 
 

Agricultural
$
498,391

 
$
444,611

Earthmoving/construction
219,325

 
193,566

Consumer
147,242

 
139,161

Unallocated corporate
229,041

 
232,948

 
$
1,093,999

 
$
1,010,286