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SEGMENTS
 9 Months Ended
Sep. 30, 2021
Segment Reporting [Abstract]  
SEGMENTS SEGMENTS
a. Segment Reporting
The Company has historically managed its business in three segments: CTP, DPG, and FMP. As disclosed in the Company’s Annual Report on Form 10-K for the year ended December 31, 2020, the Company began its One Wabash organizational transformation during the first quarter of 2020 to better align its resources and processes on serving the customer and enable long-term growth. In connection with the substantial completion of the Company’s One Wabash strategic initiatives during Q3 2021, including organizational and structural changes as well as portfolio rationalization, beginning in September 2021 the Company realigned its operating and reportable segments based on how the CODM manages the business, allocates resources, makes operating decisions, and evaluates operating performance. Based on this realignment, the Company eliminated the historical CTP, DPG, and FMP segments and established two operating and reportable segments: TS and P&S.
While the Company has historically generated a small portion of its revenue and profitability from streams like aftermarket parts, repair and maintenance services, and upfitting and equipment services, historically these businesses existed scattered throughout the Company’s siloed organization structure. During the One Wabash transformation that culminated with segment realignment, the Company brought these siloed businesses together to leverage the Company’s strengths and better reach the customer, which included shifting significant resources and talent to lead these parts and services businesses. The Company continues to formulate aggressive plans that now underpin growth initiatives under the One Wabash approach.
Additional information related to the composition of each segment is included below.
▪Transportation Solutions (“TS”): The TS segment comprises the design and manufacturing operations for the Company’s transportation-related equipment and products. This includes dry and refrigerated van trailers, platform trailers, and the Company’s wood flooring production facility, all of which were previously reported in the CTP segment. The Company’s Molded Structural Composite products that were historically included in both the CTP and FMP segments are now reported in the TS segment. In addition, the TS segment includes tank trailers and truck-mounted tanks that were historically reported in the DPG segment. Finally, truck-mounted dry and refrigerated bodies and service and stake bodies that were previously reported in the FMP segment are also in the TS segment.
▪Parts & Service (“P&S”): The P&S segment is comprised of each of the Company’s historical segments’ parts & service businesses as well as the upfitting component of our truck bodies business. In addition, the Company’s Composites business, which focuses on the use of DuraPlate® composite panels beyond the semi-trailer market, is also part of the P&S segment (previously reported in the DPG segment). Finally, the P&S segment includes the Company’s Engineered Products business (previously reported in the DPG segment), including stainless-steel storage tanks and silos, mixers, and processors for a variety of end markets. As disclosed in the Company’s Annual Report on Form 10-K for the year ended December 31, 2020, growing and expanding the parts and services businesses is a key strategic initiative for the Company moving forward.
The accounting policies of the TS and P&S segments are the same as those described in the summary of significant accounting policies except that the Company evaluates segment performance based on income (loss) from operations. The Company has not allocated certain corporate related administrative costs, interest and income taxes included in the corporate and eliminations segment to the Company’s other reportable segments. The Company accounts for intersegment sales and transfers at cost. Segment assets are not presented as it is not a measure reviewed by the CODM in allocating resources and assessing performance.
Reportable segment information is as follows (in thousands):
Three Months Ended September 30, 2021Transportation SolutionsParts & ServiceCorporate and
Eliminations		Consolidated
Net sales
External customers$441,258 $41,308 $— $482,566 
Intersegment sales1,378 595 (1,973)— 
Total net sales$442,636 $41,903 $(1,973)$482,566 
Income (loss) from operations$25,970 $4,148 $(11,855)$18,263 
Three Months Ended September 30, 2020Transportation SolutionsParts & ServiceCorporate and
Eliminations		Consolidated
Net sales
External customers$306,183 $45,401 $— $351,584 
Intersegment sales1,174 1,857 (3,031)— 
Total net sales$307,357 $47,258 $(3,031)$351,584 
Income (loss) from operations$13,522 $5,878 $(10,992)$8,408 
Nine Months Ended September 30, 2021Transportation SolutionsParts & ServiceCorporate and
Eliminations		Consolidated
Net sales
External customers$1,186,909 $137,082 $— $1,323,991 
Intersegment sales3,264 1,941 (5,205)— 
Total net sales$1,190,173 $139,023 $(5,205)$1,323,991 
Income (loss) from operations$69,492 $18,509 $(35,839)$52,162 
Nine Months Ended September 30, 2020Transportation SolutionsParts & ServiceCorporate and
Eliminations		Consolidated
Net sales
External customers$948,270 $129,541 $— $1,077,811 
Intersegment sales5,879 4,948 (10,827)— 
Total net sales$954,149 $134,489 $(10,827)$1,077,811 
Loss from operations$(43,098)$(21,466)$(31,085)$(95,649)
b.  Product Information
The Company offers products primarily in four general categories: (1) new trailers, (2) used trailers, (3) components, parts and service, and (4) equipment and other (which includes truck bodies). The following table sets forth the major product categories and their percentage of consolidated net sales (dollars in thousands):
Three Months Ended September 30, 2021Transportation SolutionsParts & ServiceEliminationsConsolidated
New trailers$375,430 $— $— $375,430 77.8 %
Used trailers— 465 — 465 0.1 %
Components, parts and service— 31,974 (1,973)30,001 6.2 %
Equipment and other67,206 9,464 — 76,670 15.9 %
Total net sales$442,636 $41,903 $(1,973)$482,566 100.0 %
Three Months Ended September 30, 2020Transportation SolutionsParts & ServiceEliminationsConsolidated
New trailers$251,998 $1,510 $(444)$253,064 72.0 %
Used trailers505 1,456 — 1,961 0.6 %
Components, parts and service— 29,369 (2,587)26,782 7.6 %
Equipment and other54,854 14,923 — 69,777 19.8 %
Total net sales$307,357 $47,258 $(3,031)$351,584 100.0 %
Nine Months Ended September 30, 2021Transportation SolutionsParts & ServiceEliminationsConsolidated
New trailers$966,193 $— $— $966,193 73.0 %
Used trailers165 1,690 — 1,855 0.1 %
Components, parts and service— 101,747 (5,205)96,542 7.3 %
Equipment and other223,815 35,586 — 259,401 19.6 %
Total net sales$1,190,173 $139,023 $(5,205)$1,323,991 100.0 %
Nine Months Ended September 30, 2020Transportation SolutionsParts & ServiceEliminationsConsolidated
New trailers$781,497 $3,098 $(3,390)$781,205 72.5 %
Used trailers2,979 4,106 — 7,085 0.7 %
Components, parts and service— 92,500 (7,437)85,063 7.9 %
Equipment and other169,673 34,785 — 204,458 19.0 %
Total net sales$954,149 $134,489 $(10,827)$1,077,811 100.0 %