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SEGMENT INFORMATION
 9 Months Ended
Sep. 30, 2022
Segment Reporting [Abstract]  
Segment information SEGMENT INFORMATION
The Company has aggregated its operating units into reportable segments based on its three customer markets: agricultural, earthmoving/construction, and consumer. Each reportable segment includes wheels, tires, wheel/tire assemblies, and undercarriage systems and components. These segments are based on the information used by the Chief Executive Officer to make certain operating decisions, allocate portions of capital expenditures, and assess segment performance. Segment external sales, expenses, and income from operations are determined based on the results of operations for the operating units of the Company's manufacturing facilities. Segment assets are generally determined on the basis of the tangible assets located at such operating units’ manufacturing facilities and the intangible assets associated with the acquisitions of such operating units. However, certain operating units’ property, plant and equipment balances are carried at the corporate level.

The table below presents information about certain operating results, separated by market segments, for the three and nine months ended September 30, 2022 and 2021 (amounts in thousands):
Three months endedNine months ended
September 30,September 30,
 2022202120222021
Net sales  
Agricultural$289,259 $244,373 $917,443 $684,636 
Earthmoving/construction199,921 168,408 611,550 509,930 
Consumer41,542 37,601 130,621 97,973 
 $530,722 $450,382 $1,659,614 $1,292,539 
Gross profit  
Agricultural$45,949 $33,214 $155,794 $98,294 
Earthmoving/construction34,959 21,263 102,651 63,333 
Consumer6,725 5,815 25,570 13,400 
$87,633 $60,292 $284,015 $175,027 
Income from operations  
Agricultural$31,125 $18,156 $106,126 $54,228 
Earthmoving/construction21,836 7,913 59,952 20,950 
Consumer4,856 3,519 18,976 7,067 
Corporate & Unallocated(7,326)(6,688)(20,154)(21,395)
      Income from operations50,491 22,900 164,900 60,850 
Interest expense(7,221)(7,818)(22,835)(23,939)
Loss on senior note repurchase— — — (16,020)
Foreign exchange gain 1,198 416 8,749 9,125 
Other income9,691 648 24,526 1,512 
      Income before income taxes$54,159 $16,146 $175,340 $31,528 
Assets by segment were as follows as of the dates set forth below (amounts in thousands):
September 30,
2022		December 31,
2021
Total assets  
Agricultural$553,326 $517,528 
Earthmoving/construction514,296 502,373 
Consumer137,967 133,906 
Corporate & Unallocated41,890 28,878 
 $1,247,479 $1,182,685