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SEGMENT INFORMATION (Tables)

3 Months Ended

Mar. 31, 2022

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 the three months ended March 31, 2022 and 2021 (amounts in thousands):

			Three months ended
			March 31,
			2022						2021
Net sales
Agricultural			$	309,600					$	208,759
Earthmoving/construction			201,259						164,807
Consumer			45,138						29,952
			$	555,997					$	403,518
Gross profit
Agricultural			$	47,924					$	29,789
Earthmoving/construction			31,375						19,742
Consumer			7,430						3,734
			$	86,729					$	53,265
Income from operations
Agricultural			$	30,117					$	15,283
Earthmoving/construction			15,840						5,575
Consumer			4,882						1,667
Corporate & Unallocated			(6,131)						(8,294)
Income from operations			44,708						14,231
Interest expense			(7,907)						(7,523)
Foreign exchange gain			5,317						9,477
Other expense			(8,859)						(368)
Income before income taxes			$	33,259					$	15,817

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):

			March 31, 2022						December 31, 2021
Total assets
Agricultural			$	555,528					$	517,528
Earthmoving/construction			523,335						502,373
Consumer			142,407						133,906
Corporate & Unallocated			48,031						28,878
			$	1,269,301					$	1,182,685

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- Definition

Tabular disclosure of all significant reconciling items in the reconciliation of total assets from reportable segments to the entity's consolidated assets.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 30
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- Definition

Tabular disclosure of all significant reconciling items in the reconciliation of total revenues from reportable segments to the entity's consolidated revenues.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 31
-URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8924-108599

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
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-Section 50
-Paragraph 30
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Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table.

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No definition available.

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