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SEGMENT AND GEOGRAPHICAL INFORMATION (Tables)

12 Months Ended

Dec. 31, 2024

Segment Reporting [Abstract]

Schedule of Segment Reporting Information, by Segment

The table below presents information about certain operating results, separated by market segments, for the years ended December 31, 2024, 2023, and 2022 (amounts in thousands):

			For the Year Ended December 31, 2024
			Agriculture						Earthmoving/Construction						Consumer						Corporate & Unallocated						Total
Net sales			$	788,580					$	583,391					$	473,966					$	—					$	1,845,937
Cost of sales			684,592						520,567						382,976						—						1,588,135
Gross profit			103,988						62,824						90,990						—						257,802
Selling, general and administrative expenses			52,910						47,741						64,900						26,243						191,794
Acquisition related expenses			—						—						—						6,196						6,196
Research and development expenses			4,994						6,503						3,380						1,643						16,520
Royalty expense			6,304						1,571						2,233						—						10,108
Segment profit (loss)			$	39,780					$	7,009					$	20,477					$	(34,082)					$	33,184
Interest expense																					(36,429)						(36,429)
Interest income																					11,024						11,024
Foreign exchange loss																					(6,123)						(6,123)
Other income																					6,615						6,615
(Loss) income before income taxes																					$	(58,995)					$	8,271

			For the Year Ended December 31, 2023
			Agriculture						Earthmoving/Construction						Consumer						Corporate & Unallocated						Total
Net sales			$	980,537					$	687,758					$	153,505					$	—					$	1,821,800
Cost of sales			817,511						577,068						121,372						—						1,515,951
Gross profit			163,026						110,690						32,133						—						305,849
Selling, general and administrative expenses			51,666						47,712						7,684						27,876						134,938
Research and development expenses			4,107						6,480						411						1,541						12,539
Royalty expense			6,611						1,376						1,658						—						9,645
Segment profit (loss)			$	100,642					$	55,122					$	22,380					$	(29,417)					$	148,727
Interest expense																					(29,157)						(29,157)
Interest income																					10,372						10,372
Foreign exchange loss																					(22,822)						(22,822)
Other income																					2,628						2,628
(Loss) income before income taxes																					$	(68,396)					$	109,748

			For the Year Ended December 31, 2022
			Agriculture						Earthmoving/Construction						Consumer						Corporate & Unallocated						Total
Net sales			$	1,192,239					$	807,356					$	169,785					$	—					$	2,169,380
Cost of sales			998,654						671,568						138,448						—						1,808,670
Gross profit			193,585						135,788						31,337						—						360,710
Selling, general and administrative expenses			51,582						48,735						6,218						26,257						132,792
Research and development expenses			3,317						5,735						284						1,068						10,404
Royalty expense			8,212						1,508						1,992						—						11,712
Segment profit (loss)			$	130,474					$	79,810					$	22,843					$	(27,325)					$	205,802
Interest expense																					(32,149)						(32,149)
Interest income																					2,353						2,353
Foreign exchange gain																					927						927
Other income																					25,420						25,420
(Loss) income before income taxes																					$	(30,774)					$	202,353

Schedule of Reconciliation of Revenue from Segments to Consolidated

The table below presents information by products and reportable segments as of and for the years ended December 31, 2024, 2023, and 2022 (amounts in thousands):

2024						Agricultural Segment						Earthmoving/Construction Segment						Consumer Segment						Total
Revenues from external customers
Wheels and Tires [including assemblies]						$	746,994					$	213,994					$	448,005					$	1,408,993
Undercarriage systems and components						41,586						369,397						25,961						436,944
Total						$	788,580					$	583,391					$	473,966					$	1,845,937

2023						Agricultural Segment						Earthmoving/Construction Segment						Consumer Segment						Total
Revenues from external customers
Wheels and Tires [including assemblies]						$	935,274					$	258,709					$	130,297					$	1,324,280
Undercarriage systems and components						45,263						429,049						23,208						497,520
Total						$	980,537					$	687,758					$	153,505					$	1,821,800

2022						Agricultural Segment						Earthmoving/Construction Segment						Consumer Segment						Total
Revenues from external customers
Wheels and Tires [including assemblies]						$	1,152,933					$	329,403					$	147,307					$	1,629,643
Undercarriage systems and components						39,306						477,953						22,478						539,737
Total						$	1,192,239					$	807,356					$	169,785					$	2,169,380

Schedule of Reconciliation of Other Items from Segments to Consolidated

Depreciation and amortization expense by segment were as follows for the fiscal years ended as set forth below (amounts in thousands):

			Agriculture						Earthmoving/Construction						Consumer						Corporate & Unallocated						Total
2024			$	24,850					18,433						15,585						1,836						$	60,704
2023			$	21,405					15,185						3,404						2,440						$	42,434
2022			$	22,645					15,337						3,226						1,539						$	42,747

Schedule of Reconciliation of Assets from Segment to Consolidated

Assets by segment were as follows as of the dates set forth below (amounts in thousands):

			Agriculture						Earthmoving/Construction						Consumer						Corporate & Unallocated(a)						Total
December 31, 2024			$	569,632					441,551						512,254						61,516						$	1,584,953
December 31, 2023			$	559,607					497,508						155,602						76,528						$	1,289,245

(a) Unallocated assets included cash of approximately $7 million, $32 million, and $20 million as of December 31, 2024, 2023, and 2022, respectively.

Schedule of Revenue from External Customers Attributed to Foreign Countries by Geographic Area

The table below presents information by geographic area. Revenues from external customers were determined based on the location of the selling subsidiary. Geographic information as of and for the years ended December 31, 2024, 2023, and 2022 was as follows (amounts in thousands):

			2024						2023						2022
Net Sales
United States			$	935,724					$	814,676					$	1,074,715
Europe / CIS			462,066						558,677						577,877
Latin America			292,830						354,979						422,439
Asia and other regions			155,317						93,468						94,349
			$	1,845,937					$	1,821,800					$	2,169,380
Long-Lived Assets
United States			$	184,686					$	107,639					$	97,112
Europe / CIS			132,349						142,749						138,617
Latin America			53,653						61,169						49,714
Asia and other regions			50,530						10,137						11,162
			$	421,218					$	321,694					$	296,605

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