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SEGMENTS (Tables)

6 Months Ended

Jun. 30, 2023

Segment Reporting [Abstract]

Reportable Segment Information

Reportable segment information is as follows (in thousands):

Three Months Ended June 30, 2023						Transportation Solutions						Parts & Services												Corporate and Eliminations						Consolidated
Net sales
External customers						$	625,718					$	60,902											$	—					$	686,620
Intersegment sales						4,964						1,164												(6,128)						—
Total net sales						$	630,682					$	62,066											$	(6,128)					$	686,620
Income (loss) from operations						$	115,806					$	12,937											$	(25,433)					$	103,310
Three Months Ended June 30, 2022						Transportation Solutions						Parts & Services												Corporate and Eliminations						Consolidated
Net sales
External customers						$	593,125					$	49,644											$	—					$	642,769
Intersegment sales						2,857						751												(3,608)						—
Total net sales						$	595,982					$	50,395											$	(3,608)					$	642,769
Income (loss) from operations						$	47,973					$	8,138											$	(20,203)					$	35,908
Six Months Ended June 30, 2023						Transportation Solutions						Parts & Services												Corporate and Eliminations						Consolidated
Net sales
External customers						$	1,201,014					$	106,558											$	—					$	1,307,572
Intersegment sales						7,739						2,648												(10,387)						—
Total net sales						$	1,208,753					$	109,206											$	(10,387)					$	1,307,572
Income (loss) from operations						$	202,922					$	22,146											$	(51,858)					$	173,210
Six Months Ended June 30, 2022						Transportation Solutions						Parts & Services												Corporate and Eliminations						Consolidated
Net sales
External customers						$	1,094,165					$	95,365											$	—					$	1,189,530
Intersegment sales						3,882						1,738												(5,620)						—
Total net sales						$	1,098,047					$	97,103											$	(5,620)					$	1,189,530
Income (loss) from operations						$	79,670					$	14,927											$	(38,554)					$	56,043

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 June 30, 2023						Transportation Solutions						Parts & Services												Eliminations						Consolidated
New trailers						$	523,537					$	—											$	(2,002)					$	521,535					76.0		%
Used trailers						—						517												—						517						0.1		%
Components, parts and services						—						39,794												—						39,794						5.8		%
Equipment and other						107,145						21,755												(4,126)						124,774						18.2		%
Total net sales						$	630,682					$	62,066											$	(6,128)					$	686,620					100.0		%
Three Months Ended June 30, 2022						Transportation Solutions						Parts & Services												Eliminations						Consolidated
New trailers						$	508,430					$	188											$	(361)					$	508,257					79.1		%
Used trailers						—						1,120												—						1,120						0.2		%
Components, parts and services						—						37,473																		37,473						5.8		%
Equipment and other						87,552						11,614												(3,247)						95,919						14.9		%
Total net sales						$	595,982					$	50,395											$	(3,608)					$	642,769					100.0		%
Six Months Ended June 30, 2023						Transportation Solutions						Parts & Services												Eliminations						Consolidated
New trailers						$	1,008,785					$	—											$	(2,364)					$	1,006,421					77.0		%
Used trailers						—						1,056												—						1,056						0.1		%
Components, parts and services						—						75,476												—						75,476						5.8		%
Equipment and other						199,968						32,674												(8,023)						224,619						17.2		%
Total net sales						$	1,208,753					$	109,206											$	(10,387)					$	1,307,572					100.0		%
Six Months Ended June 30, 2022						Transportation Solutions						Parts & Services												Eliminations						Consolidated
New trailers						$	946,393					$	242											$	(672)					$	945,963					79.5		%
Used trailers						—						1,689												—						1,689						0.1		%
Components, parts and services						—						71,037												—						71,037						6.0		%
Equipment and other						151,654						24,135												(4,948)						170,841						14.4		%
Total net sales						$	1,098,047					$	97,103											$	(5,620)					$	1,189,530					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

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-Name Accounting Standards Codification
-Topic 280
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-Section 50
-Paragraph 40
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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

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