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SEGMENT INFORMATION
3 Months Ended
Mar. 31, 2013
Segment Reporting [Abstract]  
Segment information
SEGMENT INFORMATION

The table below presents information about certain revenues and income from operations used by the chief executive officer of the Company for the three months ended March 31, 2013 and 2012 (amounts in thousands):
 
Three months ended
 
March 31,
 
2013
 
2012
Revenues from external customers
 
 
 
Agricultural
$
310,553

 
$
295,805

Earthmoving/construction
209,616

 
104,568

Consumer
58,218

 
62,715

 
$
578,387

 
$
463,088

Gross profit
 

 
 

Agricultural
$
54,070

 
$
66,092

Earthmoving/construction
37,495

 
22,347

Consumer
6,147

 
5,699

Unallocated corporate
(961
)
 
(775
)
 
$
96,751

 
$
93,363

Income from operations
 

 
 

Agricultural
$
41,615

 
$
60,663

Earthmoving/construction
20,679

 
20,401

Consumer
3,142

 
3,102

Unallocated corporate
(17,553
)
 
(25,495
)
      Income from operations
47,883

 
58,671

 
 
 
 
Interest expense
(10,441
)
 
(6,295
)
Convertible debt conversion charge
(7,273
)
 

Other income, net
1,419

 
3,111

      Income before income taxes
$
31,588

 
$
55,487



Assets by segment were as follows (amounts in thousands):
 
March 31,
2013
 
December 31,
2012
Total assets
 

 
 

Agricultural
$
739,463

 
$
626,454

Earthmoving/construction
783,287

 
838,806

Consumer
153,410

 
142,170

Unallocated corporate
378,189

 
85,677

 
$
2,054,349

 
$
1,693,107