XML 48 R34.htm IDEA: XBRL DOCUMENT v3.19.3

SEGMENTS (Tables)

9 Months Ended

Sep. 30, 2019

Segment Reporting [Abstract]

Reportable Segment Information

Reportable segment information is as follows (in thousands):

Three Months Ended September 30, 2019		Commercial Trailer Products				Diversified Products				Final Mile Products				Corporate and Eliminations				Consolidated
Net sales
External customers		$	380,062			$	87,342			$	113,504			$	—			$	580,908
Intersegment sales		282				5,839				—				(6,121		)		—
Total net sales		$	380,344			$	93,181			$	113,504			$	(6,121	)		$	580,908
Income (loss) from operations		$	36,503			$	7,183			$	4,628			$	(10,045	)		$	38,269
Assets		$	364,436			$	327,343			$	507,402			$	179,422			$	1,378,603
Three Months Ended September 30, 2018		Commercial Trailer Products				Diversified Products				Final Mile Products				Corporate and Eliminations				Consolidated
Net sales
External customers		$	368,301			$	97,723			$	87,049			$	—			$	553,073
Intersegment sales		41				4,638				—				(4,679		)		—
Total net sales		$	368,342			$	102,361			$	87,049			$	(4,679	)		$	553,073
Income (loss) from operations		$	32,453			$	(6,346	)		$	(1,495	)		$	(8,099	)		$	16,513
Assets		$	358,150			$	352,494			$	475,934			$	163,629			$	1,350,207
Nine Months Ended September 30, 2019		Commercial Trailer Products				Diversified Products				Final Mile Products				Corporate and Eliminations				Consolidated
Net sales
External customers		$	1,120,608			$	270,357			$	349,170			$	—			$	1,740,135
Intersegment sales		1,645				19,498				—				(21,143		)		—
Total net sales		$	1,122,253			$	289,855			$	349,170			$	(21,143	)		$	1,740,135
Income (loss) from operations		$	102,742			$	24,138			$	15,718			$	(31,593	)		$	111,005
Assets		$	364,436			$	327,343			$	507,402			$	179,422			$	1,378,603
Nine Months Ended September 30, 2018		Commercial Trailer Products				Diversified Products				Final Mile Products				Corporate and Eliminations				Consolidated
Net sales
External customers		$	1,098,182			$	275,183			$	283,717			$	—			$	1,657,082
Intersegment sales		89				16,466				—				(16,555		)		—
Total net sales		$	1,098,271			$	291,649			$	283,717			$	(16,555	)		$	1,657,082
Income (loss) from operations		$	102,718			$	3,078			$	9,372			$	(26,959	)		$	88,209
Assets		$	358,150			$	352,494			$	475,934			$	163,629			$	1,350,207

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 September 30, 2019		Commercial Trailer Products				Diversified Products				Final Mile Products				Eliminations				Consolidated
New trailers		$	366,938			$	51,697			$	—			$	—			$	418,635			72.1	%
Used trailers		86				417				—				—				503				0.1	%
Components, parts and service		10,039				23,790				4,302				(5,960		)		32,171				5.5	%
Equipment and other		3,281				17,277				109,202				(161		)		129,599				22.3	%
Total net sales		$	380,344			$	93,181			$	113,504			$	(6,121	)		$	580,908			100.0	%
Three Months Ended September 30, 2018		Commercial Trailer Products				Diversified Products				Final Mile Products				Eliminations				Consolidated
New trailers		$	354,003			$	44,399			$	—			$	—			$	398,402			72.0	%
Used trailers		1,888				775				—				—				2,663				0.5	%
Components, parts and service		8,090				29,064				2,304				(4,676		)		34,782				6.3	%
Equipment and other		4,361				28,123				84,745				(3		)		117,226				21.2	%
Total net sales		$	368,342			$	102,361			$	87,049			$	(4,679	)		$	553,073			100.0	%
Nine Months Ended September 30, 2019		Commercial Trailer Products				Diversified Products				Final Mile Products				Eliminations				Consolidated
New trailers		$	1,078,599			$	146,821			$	—			$	—			$	1,225,420			70.4	%
Used trailers		236				1,743				—				—				1,979				0.1	%
Components, parts and service		30,994				88,681				12,165				(20,455		)		111,385				6.4	%
Equipment and other		12,424				52,610				337,005				(688		)		401,351				23.1	%
Total net sales		$	1,122,253			$	289,855			$	349,170			$	(21,143	)		$	1,740,135			100.0	%
Nine Months Ended September 30, 2018		Commercial Trailer Products				Diversified Products				Final Mile Products				Eliminations				Consolidated
New trailers		$	1,049,452			$	115,840			$	—			$	—			$	1,165,292			70.3	%
Used trailers		8,794				2,489				—				—				11,283				0.7	%
Components, parts and service		25,780				94,958				7,340				(16,529		)		111,549				6.7	%
Equipment and other		14,245				78,362				276,377				(26		)		368,958				22.3	%
Total net sales		$	1,098,271			$	291,649			$	283,717			$	(16,555	)		$	1,657,082			100.0	%

X

- Definition

Tabular disclosure of entity-wide revenues from external customers for each product or service or each group of similar products or services if the information is not provided as part of the reportable operating segment information.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 40
-URI http://asc.fasb.org/extlink&oid=115929826&loc=d3e9031-108599

+ Details

Name:	us-gaap_ScheduleOfEntityWideInformationRevenueFromExternalCustomersByProductsAndServicesTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 22
-URI http://asc.fasb.org/extlink&oid=115929826&loc=d3e8736-108599

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 25
-URI http://asc.fasb.org/extlink&oid=115929826&loc=d3e8813-108599

Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 350
-SubTopic 20
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=108376223&loc=d3e13816-109267

Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 21
-Subparagraph (b)
-URI http://asc.fasb.org/extlink&oid=115929826&loc=d3e8721-108599

Reference 5: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 30
-URI http://asc.fasb.org/extlink&oid=115929826&loc=d3e8906-108599

+ Details

Name:	us-gaap_ScheduleOfSegmentReportingInformationBySegmentTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- References

No definition available.

+ Details

Name:	us-gaap_SegmentReportingAbstract
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration