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SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)

12 Months Ended

Dec. 31, 2013

Accounting Policies [Abstract]

Changes in the Allowance for Doubtful Accounts

The following table presents the changes in the allowance for doubtful accounts (in thousands):

		Years Ended December 31,
		2013			2012			2011
Balance at beginning of year		$	858		$	1,233		$	2,241
Provision			908			(153)			(981)
Write-offs, net of recoveries			292			(222)			(27)
Balance at end of year		$	2,058		$	858		$	1,233

Cost of Manufactured Inventory Includes Raw Material, Labor and Overhead

The cost of manufactured inventory includes raw material, labor and overhead. Inventories consist of the following (in thousands):

		December 31,
		2013			2012
Raw materials and components		$	54,699		$	57,187
Work in progress			20,749			24,849
Finished goods			82,673			82,930
Aftermarket parts			10,389			9,882
Used trailers			15,663			14,639
		$	184,173		$	189,487

Property, Plant and Equipment

Property, plant and equipment consist of the following (in thousands):

		December 31,
		2013			2012
Land		$	26,398		$	23,986
Buildings and building improvements			112,208			106,679
Machinery and equipment			200,567			184,859
Construction in progress			9,543			8,753
		$	348,716		$	324,277
Less: accumulated depreciation			(206,634)			(192,131)
		$	142,082		$	132,146

Schedule of Finite-Lived Intangible Assets

As of December 31, 2013, the balances of intangible assets, other than goodwill, were as follows (in thousands):

		Weighted Average Amortization Period		Gross Intangible Assets			Accumulated Amortization			Net Intangible Assets
Tradenames and trademarks		20 years		$	39,222		$	(6,291)		$	32,931
Customer relationships		10 years			152,109			(40,112)			111,997
Technology		12 years			16,517			(2,264)			14,253
Other		9 years			17,939			(17,939)			-
Total		12 years		$	225,787		$	(66,606)		$	159,181

As of December 31, 2012, the balances of intangible assets, other than goodwill, were as follows (in thousands):

		Weighted Average Amortization Period		Gross Intangible Assets			Accumulated Amortization			Net Intangible Assets
Tradenames and trademarks		20 years		$	37,600		$	(4,336)		$	33,264
Customer relationships		10 years			146,000			(21,738)			124,262
Technology		12 years			15,300			(850)			14,450
Other		9 years			17,939			(17,925)			14
Total		12 years		$	216,839		$	(44,849)		$	171,990

Schedule of Goodwill

The changes in the carrying amounts of goodwill, all of which is included in the Company’s Diversified Products segment as of December 31, 2013 except for approximately $10.2 million allocated to the Company’s Retail segment, for the years ended December 31, 2013 and 2012 were as follows (in thousands):

Balance as of December 31, 2011		$	-
Goodwill acquired			146,444
Balance as of December 31, 2012		$	146,444
Goodwill acquired			1,784
Acquisition adjustment - Walker			2,054
Effects of foreign currency			(315)
Balance as of December 31, 2013		$	149,967

Major components of Other Accrued Liabilities

The following table presents the major components of Other Accrued Liabilities (in thousands):

		December 31,
		2013			2012
Warranty		$	14,719		$	14,886
Payroll and related taxes			29,399			23,342
Self-insurance			9,399			7,702
Accrued taxes			8,520			5,578
Customer deposits			30,730			43,158
All other			6,591			10,207
		$	99,358		$	104,873

Changes in the Product Warranty Accrual Included in Other Accrued Liabilities

The following table presents the changes in the product warranty accrual included in Other Accrued Liabilities (in thousands):

		2013			2012
Balance as of January 1		$	14,886		$	11,437
Provision for warranties issued in current year			6,269			5,521
Walker acquisition			-			3,887
Provisions for (Recovery of) pre-existing warranties, net			(779)			(750)
Payments			(5,657)			(5,209)
Balance as of December 31		$	14,719		$	14,886

Changes in the Self-Insurance Accrual Included in Other Accrued Liabilities

The following table presents the changes in the self-insurance accrual included in Other Accrued Liabilities (in thousands):

		Self-Insurance
		Accrual
Balance as of January 1, 2012		$	5,390
Expense			25,336
Walker acquisition			2,034
Payments			(25,058)
Balance as of December 31, 2012		$	7,702
Expense			38,191
Payments			(36,494)
Balance as of December 31, 2013		$	9,399

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