XML 98 R74.htm IDEA: XBRL DOCUMENT v2.4.0.6
Reportable Segment Information (Detail) (USD $)
In Thousands, unless otherwise specified
3 Months Ended 12 Months Ended
Dec. 31, 2012
Sep. 30, 2012
Jun. 30, 2012
Mar. 31, 2012
Dec. 31, 2011
Sep. 30, 2011
Jun. 30, 2011
Mar. 31, 2011
Dec. 31, 2010
Sep. 30, 2010
Jun. 30, 2010
Mar. 31, 2010
Dec. 31, 2012
Dec. 31, 2011
Dec. 31, 2010
Net sales                              
External customers $ 415,847 $ 405,917 $ 362,408 $ 277,682 $ 341,732 $ 336,433 $ 287,095 $ 221,984 $ 241,551 $ 170,848 $ 149,699 $ 78,274 $ 1,461,854 $ 1,187,244 $ 640,372
Intersegment sales                         0 0 0
Total net sales 415,847 405,917 362,408 277,682 341,732 336,433 287,095 221,984 241,551 170,848 149,699 78,274 1,461,854 1,187,244 640,372
Depreciation and amortization                         25,565 15,591 16,855
(Loss) Income from operations                         70,484 19,790 (15,417)
Reconciling items to net loss                              
Increase in fair value of warrant                         0 0 (121,587)
Interest expense                         21,724 4,136 4,140
Other, net                         (97) (441) (667)
Income tax benefit                         (56,968) 171 (51)
Net loss 80,184 [1],[2] 18,441 [1],[2] 1,942 [1],[2] 5,064 [1],[2] 7,451 1,092 3,302 3,197 4,859 [3] (1,938) [3] (5,602) [3] (139,079) [3] 105,631 15,042 (141,760)
Capital expenditures                         14,916 7,264 1,782
Assets 902,626       388,050       302,834       902,626 388,050 302,834
Commercial Trailer Products
                             
Net sales                              
External customers                         993,862 1,010,131 529,173
Intersegment sales                         69,427 61,163 32,110
Total net sales                         1,063,289 1,071,294 561,283
Depreciation and amortization                         11,014 10,273 11,295
(Loss) Income from operations                         47,314 18,536 (2,591)
Reconciling items to net loss                              
Capital expenditures                         8,794 4,144 1,107
Assets 209,149       261,101       198,145       209,149 261,101 198,145
Diversified Products
                             
Net sales                              
External customers                         310,982 52,048 22,053
Intersegment sales                         45,011 54,432 20,940
Total net sales                         355,993 106,480 42,993
Depreciation and amortization                         11,029 1,866 1,910
(Loss) Income from operations                         49,824 14,630 2,440
Reconciling items to net loss                              
Capital expenditures                         5,163 2,724 161
Assets 484,785       52,733       36,589       484,785 52,733 36,589
Retail
                             
Net sales                              
External customers                         157,010 125,065 89,146
Intersegment sales                         635 0 0
Total net sales                         157,645 125,065 89,146
Depreciation and amortization                         710 631 675
(Loss) Income from operations                         2,922 (275) (1,002)
Reconciling items to net loss                              
Capital expenditures                         688 370 368
Assets 72,043       45,985       36,290       72,043 45,985 36,290
Corporate and Eliminations
                             
Net sales                              
External customers                         0 0 0
Intersegment sales                         (115,073) (115,595) (53,050)
Total net sales                         (115,073) (115,595) (53,050)
Depreciation and amortization                         2,812 2,821 2,975
(Loss) Income from operations                         (29,576) (13,101) (14,264)
Reconciling items to net loss                              
Capital expenditures                         271 26 146
Assets $ 136,649       $ 28,231       $ 31,810       $ 136,649 $ 28,231 $ 31,810
[1] Net income includes charges of $1.7 million, $13.6 million, $2.4 million and $0.5 million for the first, second, third and fourth quarters of 2012, respectively, in connection with acquisition related charges associated with the Company's acquisition of Walker as well as the purchase of certain assets of Beall.
[2] Net income for the fourth quarter of 2012 includes an income tax benefit of $59.0 million primarily related to the reversal of a U.S. valuation allowance against its deferred tax assets.
[3] Net (loss) income includes a non-cash (charge) benefit of ($126.8) million, $1.9 million and $3.3 million related to the change in the fair value of the Company's warrant for the first, second and third quarters of 2010, respectively.