XML 56 R45.htm IDEA: XBRL DOCUMENT v3.7.0.1
SEGMENT INFORMATION (Tables)
 6 Months Ended
Jun. 30, 2017
Segment Reporting Information [Line Items]  
Reconciliation of Revenue from Segments to Consolidated [Table Text Block] he table below presents information about certain operating results, separated by market segments, for the three and six months ended June 30, 2017 and 2016 (amounts in thousands):

Three months ended
 
Six months ended

June 30,
 
June 30,
 
2017
 
2016
 
2017
 
2016
Net sales
 
 
 
 

 

Agricultural
$
172,923

 
$
146,715

 
$
353,439

 
$
299,540

Earthmoving/construction
150,970

 
141,028

 
286,589

 
272,733

Consumer
40,506

 
42,471

 
81,872

 
79,735

 
$
364,399

 
$
330,214

 
$
721,900

 
$
652,008

Gross profit
 

 
 

 
 
 
 
Agricultural
$
22,894

 
$
22,952

 
$
44,611

 
$
39,092

Earthmoving/construction
13,988

 
15,371

 
26,637

 
24,800

Consumer
6,680

 
5,395

 
12,043

 
8,123

 
$
43,562

 
$
43,718

 
$
83,291

 
$
72,015

Income (loss) from operations
 

 
 

 
 
 
 
Agricultural
$
14,081

 
$
14,607

 
$
26,664

 
$
22,827

Earthmoving/construction
2,056

 
4,268

 
2,868

 
3,253

Consumer
3,487

 
1,591

 
4,941

 
741

Corporate & Unallocated
(15,666
)
 
(17,873
)
 
(37,576
)
 
(35,766
)
      Income (loss) from operations
3,958

 
2,593

 
(3,103
)
 
(8,945
)
 
 
 
 
 
 
 
 
Interest expense
(7,320
)
 
(7,982
)
 
(15,041
)
 
(16,494
)
Foreign exchange gain (loss)
(5,257
)
 
2,182

 
(767
)
 
7,005

Other income, net
2,208

 
3,049

 
5,357

 
6,954

      Loss before income taxes
$
(6,411
)
 
$
(158
)
 
$
(13,554
)
 
$
(11,480
)
Reconciliation of Assets from Segment to Consolidated [Table Text Block] Assets by segment were as follows as of the dates set forth below (amounts in thousands):
 
June 30,
2017
 
December 31,
2016
Total assets
 

 
 

Agricultural
$
465,061

 
$
439,371

Earthmoving/construction
528,829

 
443,879

Consumer
131,855

 
140,293

Corporate & Unallocated
186,206

 
242,353

 
$
1,311,951

 
$
1,265,896