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SEGMENT INFORMATION (Tables)

3 Months Ended

Mar. 31, 2023

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, 2023 and 2022 (amounts in thousands):

			Three months ended
			March 31,
			2023						2022
Net sales
Agricultural			$	305,858					$	309,600
Earthmoving/construction			198,924						201,259
Consumer			43,862						45,138
			$	548,644					$	555,997
Gross profit
Agricultural			$	49,250					$	47,924
Earthmoving/construction			37,224						31,375
Consumer			9,083						7,430
			$	95,557					$	86,729
Income from operations
Agricultural			$	32,569					$	30,117
Earthmoving/construction			23,538						15,840
Consumer			6,792						4,882
Corporate & Unallocated			(7,763)						(6,131)
Income from operations			$	55,136					$	44,708
Interest expense			$	(6,492)					$	(7,907)
Foreign exchange (loss) gain			(1,760)						5,317
Other income			762						(8,859)
Income before income taxes			$	47,646					$	33,259

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, 2023						December 31, 2022
Total assets
Agricultural			$	585,942					$	548,523
Earthmoving/construction			533,136						538,064
Consumer			150,073						133,213
Corporate & Unallocated			75,656						64,830
			$	1,344,807					$	1,284,630

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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
-Subparagraph (c)
-URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8906-108599

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-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
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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 https://asc.fasb.org/extlink&oid=126901519&loc=d3e8924-108599

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 30
-Subparagraph (a)
-URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8906-108599

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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.

+ References

No definition available.

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