XML 54 R43.htm IDEA: XBRL DOCUMENT v3.20.2
SEGMENT INFORMATION (Tables)
 6 Months Ended
Jun. 30, 2020
Segment Reporting Information [Line Items]  
Reconciliation of Revenue from Segments to Consolidated [Table Text Block]
The table below presents information about certain operating results, separated by market segments, for each of the three and six months ended June 30, 2020 and 2019 (amounts in thousands):

Three months ended
 
Six months ended

June 30,
 
June 30,
 
2020
 
2019
 
2020
 
2019
Net sales
 
 
 
 

 

Agricultural
$
147,267

 
$
164,284

 
$
320,206

 
$
356,014

Earthmoving/construction
112,457

 
184,782

 
249,379

 
361,527

Consumer
26,409

 
41,531

 
58,048

 
83,430

 
$
286,133

 
$
390,597

 
$
627,633

 
$
800,971

Gross profit
 

 
 

 
 
 
 
Agricultural
$
15,613

 
$
14,247

 
$
29,640

 
$
36,372

Earthmoving/construction
11,614

 
19,701

 
22,368

 
37,871

Consumer
2,640

 
4,360

 
5,103

 
9,329

 
$
29,867

 
$
38,308

 
$
57,111

 
$
83,572

(Loss) income from operations
 

 
 

 
 
 
 
Agricultural
$
6,992

 
$
4,365

 
$
2,298

 
$
18,293

Earthmoving/construction
(1,902
)
 
5,697

 
(8,897
)
 
11,225

Consumer
1,425

 
1,228

 
1,131

 
3,349

Corporate & Unallocated
(9,616
)
 
(13,720
)
 
(7,236
)
 
(31,161
)
      (Loss) income from operations
(3,101
)
 
(2,430
)
 
(12,704
)
 
1,706

 
 
 
 
 
 
 
 
Interest expense
(8,008
)
 
(8,295
)
 
(16,043
)
 
(16,228
)
Foreign exchange (loss) gain
8,836

 
(1,239
)
 
(8,406
)
 
4,484

Other income, net
(390
)
 
2,069

 
7,046

 
3,065

      (Loss) income before income taxes
$
(2,663
)
 
$
(9,895
)
 
$
(30,107
)
 
$
(6,973
)
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,
2020
 
December 31,
2019
Total assets
 

 
 

Agricultural
$
430,894

 
$
423,955

Earthmoving/construction
447,867

 
496,988

Consumer
107,028

 
123,320

Corporate & Unallocated
45,505

 
70,044

 
$
1,031,294

 
$
1,114,307