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v3.20.4

SEGMENTS (Tables) | 12 Months Ended
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Dec. 31, 2020
Segment Reporting [Abstract] |
Reportable Segment Information | Reportable segment information is as follows (in thousands):
| Commercial Trailer Products |  | Diversified Products |  | Final Mile Products |  | Corporate and Eliminations |  | Consolidated
2020 |  |  |  |  |  |  |  |  |
Net sales |  |  |  |  |  |  |  |  |
External customers | $ | 992,528 |  |  | $ | 270,963 |  |  | $ | 218,398 |  |  | $ | — |  |  | $ | 1,481,889 |
Intersegment sales | 248 |  |  | 23,171 |  |  | — |  |  | (23,419) |  |  | — |
Total net sales | $ | 992,776 |  |  | $ | 294,134 |  |  | $ | 218,398 |  |  | $ | (23,419) |  |  | $ | 1,481,889 |
Depreciation and amortization | $ | 11,557 |  |  | $ | 19,300 |  |  | $ | 14,891 |  |  | $ | 2,222 |  |  | $ | 47,970 |
Income (Loss) from operations | $ | 79,662 |  |  | $ | 1,563 |  |  | $ | (123,585) |  |  | $ | (43,248) |  |  | $ | (85,608) |
Assets | $ | 306,587 |  |  | $ | 278,643 |  |  | $ | 375,115 |  |  | $ | 201,125 |  |  | $ | 1,161,470 |
2019 |  |  |  |  |  |  |  |  |
Net sales |  |  |  |  |  |  |  |  |
External customers | $ | 1,519,592 |  |  | $ | 357,634 |  |  | $ | 441,910 |  |  | $ | — |  |  | $ | 2,319,136 |
Intersegment sales | 1,949 |  |  | 26,882 |  |  | — |  |  | (28,831) |  |  | — |
Total net sales | $ | 1,521,541 |  |  | $ | 384,516 |  |  | $ | 441,910 |  |  | $ | (28,831) |  |  | $ | 2,319,136 |
Depreciation and amortization | $ | 10,667 |  |  | $ | 18,621 |  |  | $ | 11,361 |  |  | $ | 1,708 |  |  | $ | 42,357 |
Income (Loss) from operations | $ | 145,877 |  |  | $ | 29,748 |  |  | $ | 9,804 |  |  | $ | (42,643) |  |  | $ | 142,786 |
Assets | $ | 362,328 |  |  | $ | 317,246 |  |  | $ | 511,862 |  |  | $ | 113,155 |  |  | $ | 1,304,591 |
2018 |  |  |  |  |  |  |  |  |
Net sales |  |  |  |  |  |  |  |  |
External customers | $ | 1,536,687 |  |  | $ | 372,342 |  |  | $ | 358,249 |  |  | $ | — |  |  | $ | 2,267,278 |
Intersegment sales | 252 |  |  | 21,629 |  |  | — |  |  | (21,881) |  |  | — |
Total net sales | $ | 1,536,939 |  |  | $ | 393,971 |  |  | $ | 358,249 |  |  | $ | (21,881) |  |  | $ | 2,267,278 |
Depreciation and amortization | $ | 9,631 |  |  | $ | 21,177 |  |  | $ | 8,314 |  |  | $ | 1,561 |  |  | $ | 40,683 |
Income (Loss) from operations | $ | 141,795 |  |  | $ | (3,033) |  |  | $ | 7,907 |  |  | $ | (35,682) |  |  | $ | 110,987 |
Assets | $ | 355,183 |  |  | $ | 349,423 |  |  | $ | 484,634 |  |  | $ | 115,153 |  |  | $ | 1,304,393 |
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):
Year ended December 31, 2020 |  | Commercial Trailer Products |  | Diversified Products |  | Final Mile Products |  | Eliminations |  | Consolidated
New trailers |  | $ | 941,932 |  |  | $ | 145,888 |  |  | $ | — |  |  | $ | — |  |  | $ | 1,087,820 |  |  | 73.4%
Used trailers |  | 3,841 |  |  | 4,545 |  |  | — |  |  | — |  |  | 8,386 |  |  | 0.6%
Components, parts and service |  | 36,912 |  |  | 88,010 |  |  | 12,517 |  |  | (23,391) |  |  | 114,048 |  |  | 7.7%
Equipment and other |  | 10,091 |  |  | 55,691 |  |  | 205,881 |  |  | (28) |  |  | 271,635 |  |  | 18.3%
Total net external sales |  | $ | 992,776 |  |  | $ | 294,134 |  |  | $ | 218,398 |  |  | $ | (23,419) |  |  | $ | 1,481,889 |  |  | 100.0%
Year ended December 31, 2019 |  | Commercial Trailer Products |  | Diversified Products |  | Final Mile Products |  | Eliminations |  | Consolidated
New trailers |  | $ | 1,464,636 |  |  | $ | 198,043 |  |  |  |  | $ | — |  |  | $ | 1,662,679 |  |  | 71.7%
Used trailers |  | 435 |  |  | 2,044 |  |  | — |  |  | — |  |  | 2,479 |  |  | 0.1%
Components, parts and service |  | 40,344 |  |  | 113,024 |  |  | 15,023 |  |  | (27,902) |  |  | 140,489 |  |  | 6.1%
Equipment and other |  | 16,126 |  |  | 71,405 |  |  | 426,887 |  |  | (929) |  |  | 513,489 |  |  | 22.1%
Total net external sales |  | $ | 1,521,541 |  |  | $ | 384,516 |  |  | $ | 441,910 |  |  | $ | (28,831) |  |  | $ | 2,319,136 |  |  | 100.0%
Year ended December 31, 2018 |  | Commercial Trailer Products |  | Diversified Products |  | Final Mile Products |  | Eliminations |  | Consolidated
New trailers |  | $ | 1,473,583 |  |  | $ | 164,790 |  |  | $ | — |  |  | $ | — |  |  | $ | 1,638,373 |  |  | 72.2%
Used trailers |  | 9,618 |  |  | 3,514 |  |  | — |  |  | — |  |  | 13,132 |  |  | 0.6%
Components, parts and service |  | 34,994 |  |  | 122,099 |  |  | 9,968 |  |  | (21,811) |  |  | 145,250 |  |  | 6.4%
Equipment and other |  | 18,744 |  |  | 103,568 |  |  | 348,281 |  |  | (70) |  |  | 470,523 |  |  | 20.8%
Total net external sales |  | $ | 1,536,939 |  |  | $ | 393,971 |  |  | $ | 358,249 |  |  | $ | (21,881) |  |  | $ | 2,267,278 |  |  | 100.0%

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