XML 45 R34.htm IDEA: XBRL DOCUMENT v3.19.1
SEGMENTS (Tables)
3 Months Ended
Mar. 31, 2019
Segment Reporting [Abstract]  
Reportable Segment Information
Reportable segment information is as follows (in thousands):
Three Months Ended March 31, 2019
 
Commercial
Trailer Products
 
Diversified
Products
 
Final Mile
Products
 
Corporate and
Eliminations
 
Consolidated
Net sales
 
 
 
 
 
 
 
 
 
 
External customers
 
$
340,145

 
$
92,180

 
$
100,849

 
$

 
$
533,174

Intersegment sales
 
900

 
7,468

 

 
(8,368
)


Total net sales
 
$
341,045

 
$
99,648

 
$
100,849

 
$
(8,368
)
 
$
533,174

 
 
 
 
 
 
 
 
 
 
 
Income (loss) from operations
 
$
26,321

 
$
8,044

 
$
1,869

 
$
(11,036
)
 
$
25,198

Assets
 
$
359,999

 
$
345,577

 
$
489,534

 
$
213,522

 
$
1,408,632

 
 
 
 
 
 
 
 
 
 
 
Three Months Ended March 31, 2018
 
Commercial
Trailer Products
 
Diversified
Products
 
Final Mile
Products
 
Corporate and
Eliminations
 
Consolidated
Net sales
 
 
 
 
 
 
 
 
 
 
External customers
 
$
327,397

 
$
88,463

 
$
75,459

 
$

 
$
491,319

Intersegment sales
 
25

 
6,740

 

 
(6,765
)
 

Total net sales
 
$
327,422

 
$
95,203

 
$
75,459

 
$
(6,765
)
 
$
491,319

 
 
 
 
 
 
 
 
 
 
 
Income (loss) from operations
 
$
29,481

 
$
5,028

 
$
609

 
$
(9,462
)
 
$
25,656

Assets
 
$
350,187

 
$
356,852

 
$
467,994

 
$
234,515

 
$
1,409,548

Major Product Categories and Percentage of Consolidated Net Sales
The following table sets forth the major product categories and their percentage of consolidated net sales (dollars in thousands):
Three Months Ended March 31, 2019
 
Commercial
Trailer Products
 
Diversified
Products
 
Final Mile
Products
 
Eliminations
 
Consolidated
New trailers
 
$
325,819

 
$
45,799

 
$

 
$

 
$
371,618

 
69.7
%
Used trailers
 
137

 
587

 

 

 
724

 
0.1
%
Components, parts and service
 
10,333

 
35,884

 
3,416

 
(7,920
)
 
41,713

 
7.8
%
Equipment and other
 
4,756

 
17,378

 
97,433

 
(448
)
 
119,119

 
22.3
%
Total net sales
 
$
341,045

 
$
99,648

 
$
100,849

 
$
(8,368
)
 
$
533,174

 
100.0
%
 
 
 
 
 
 
 
 
 
 
 
 
 
Three Months Ended March 31, 2018
 
Commercial
Trailer Products
 
Diversified
Products
 
Final Mile
Products
 
Eliminations
 
Consolidated
New trailers
 
$
310,318

 
$
33,839

 
$

 
$

 
$
344,157

 
70.0
%
Used trailers
 
4,407

 
1,086

 

 

 
5,493

 
1.1
%
Components, parts and service
 
8,648

 
33,968

 
2,413

 
(6,762
)
 
38,267

 
7.8
%
Equipment and other
 
4,049

 
26,310

 
73,046

 
(3
)
 
103,402

 
21.0
%
Total net sales
 
$
327,422

 
$
95,203

 
$
75,459

 
$
(6,765
)
 
$
491,319

 
100.0
%