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v3.23.3

SEGMENTS (Tables) | 9 Months Ended
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Sep. 30, 2023
Segment Reporting [Abstract] |
Reportable Segment Information | Reportable segment information is as follows (in thousands):
Three Months Ended September 30, 2023 |  | Transportation Solutions |  | Parts & Services |  |  |  | Corporate and Eliminations |  | Consolidated
Net sales |  |  |  |  |  |  |  |  |  |
External customers |  | $ | 577,232 |  |  | $ | 55,596 |  |  |  |  | $ | — |  |  | $ | 632,828 |
Intersegment sales |  | 5,638 |  |  | 845 |  |  |  |  | (6,483) |  |  | — |
Total net sales |  | $ | 582,870 |  |  | $ | 56,441 |  |  |  |  | $ | (6,483) |  |  | $ | 632,828 |
Income (loss) from operations |  | $ | 89,413 |  |  | $ | 12,358 |  |  |  |  | $ | (24,134) |  |  | $ | 77,637 |
Three Months Ended September 30, 2022 |  | Transportation Solutions |  | Parts & Services |  |  |  | Corporate and Eliminations |  | Consolidated
Net sales |  |  |  |  |  |  |  |  |  |
External customers |  | $ | 609,490 |  |  | $ | 45,660 |  |  |  |  | $ | — |  |  | $ | 655,150 |
Intersegment sales |  | 2,289 |  |  | 1,068 |  |  |  |  | (3,357) |  |  | — |
Total net sales |  | $ | 611,779 |  |  | $ | 46,728 |  |  |  |  | $ | (3,357) |  |  | $ | 655,150 |
Income (loss) from operations |  | $ | 63,274 |  |  | $ | 7,732 |  |  |  |  | $ | (18,131) |  |  | $ | 52,875 |
Nine Months Ended September 30, 2023 |  | Transportation Solutions |  | Parts & Services |  |  |  | Corporate and Eliminations |  | Consolidated
Net sales |  |  |  |  |  |  |  |  |  |
External customers |  | $ | 1,778,246 |  |  | $ | 162,154 |  |  |  |  | $ | — |  |  | $ | 1,940,400 |
Intersegment sales |  | 13,377 |  |  | 3,493 |  |  |  |  | (16,870) |  |  | — |
Total net sales |  | $ | 1,791,623 |  |  | $ | 165,647 |  |  |  |  | $ | (16,870) |  |  | $ | 1,940,400 |
Income (loss) from operations |  | $ | 292,335 |  |  | $ | 34,504 |  |  |  |  | $ | (75,992) |  |  | $ | 250,847 |
Nine Months Ended September 30, 2022 |  | Transportation Solutions |  | Parts & Services |  |  |  | Corporate and Eliminations |  | Consolidated
Net sales |  |  |  |  |  |  |  |  |  |
External customers |  | $ | 1,703,655 |  |  | $ | 141,025 |  |  |  |  | $ | — |  |  | $ | 1,844,680 |
Intersegment sales |  | 6,171 |  |  | 2,806 |  |  |  |  | (8,977) |  |  | — |
Total net sales |  | $ | 1,709,826 |  |  | $ | 143,831 |  |  |  |  | $ | (8,977) |  |  | $ | 1,844,680 |
Income (loss) from operations |  | $ | 142,944 |  |  | $ | 22,659 |  |  |  |  | $ | (56,685) |  |  | $ | 108,918 |
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, 2023 |  | Transportation Solutions |  | Parts & Services |  |  |  | Eliminations |  | Consolidated
New trailers |  | $ | 477,802 |  |  | $ | — |  |  |  |  | $ | (2,216) |  |  | $ | 475,586 |  |  | 75.2 | %
Used trailers |  | — |  |  | 1,340 |  |  |  |  | — |  |  | 1,340 |  |  | 0.2 | %
Components, parts and services |  | — |  |  | 38,091 |  |  |  |  | — |  |  | 38,091 |  |  | 6.0 | %
Equipment and other |  | 105,068 |  |  | 17,010 |  |  |  |  | (4,267) |  |  | 117,811 |  |  | 18.6 | %
Total net sales |  | $ | 582,870 |  |  | $ | 56,441 |  |  |  |  | $ | (6,483) |  |  | $ | 632,828 |  |  | 100.0 | %
Three Months Ended September 30, 2022 |  | Transportation Solutions |  | Parts & Services |  |  |  | Eliminations |  | Consolidated
New trailers |  | $ | 529,659 |  |  | $ | 1,150 |  |  |  |  | $ | (301) |  |  | $ | 530,508 |  |  | 81.0 | %
Used trailers |  | — |  |  | 693 |  |  |  |  | — |  |  | 693 |  |  | 0.1 | %
Components, parts and services |  | — |  |  | 34,171 |  |  |  |  | — |  |  | 34,171 |  |  | 5.2 | %
Equipment and other |  | 82,120 |  |  | 10,714 |  |  |  |  | (3,056) |  |  | 89,778 |  |  | 13.7 | %
Total net sales |  | $ | 611,779 |  |  | $ | 46,728 |  |  |  |  | $ | (3,357) |  |  | $ | 655,150 |  |  | 100.0 | %
Nine Months Ended September 30, 2023 |  | Transportation Solutions |  | Parts & Services |  |  |  | Eliminations |  | Consolidated
New trailers |  | $ | 1,486,587 |  |  | $ | — |  |  |  |  | $ | (4,580) |  |  | $ | 1,482,007 |  |  | 76.4 | %
Used trailers |  | — |  |  | 2,396 |  |  |  |  | — |  |  | 2,396 |  |  | 0.1 | %
Components, parts and services |  | — |  |  | 113,567 |  |  |  |  | — |  |  | 113,567 |  |  | 5.9 | %
Equipment and other |  | 305,036 |  |  | 49,684 |  |  |  |  | (12,290) |  |  | 342,430 |  |  | 17.6 | %
Total net sales |  | $ | 1,791,623 |  |  | $ | 165,647 |  |  |  |  | $ | (16,870) |  |  | $ | 1,940,400 |  |  | 100.0 | %
Nine Months Ended September 30, 2022 |  | Transportation Solutions |  | Parts & Services |  |  |  | Eliminations |  | Consolidated
New trailers |  | $ | 1,476,052 |  |  | $ | 1,392 |  |  |  |  | $ | (973) |  |  | $ | 1,476,471 |  |  | 80.0 | %
Used trailers |  | — |  |  | 2,382 |  |  |  |  | — |  |  | 2,382 |  |  | 0.1 | %
Components, parts and services |  | — |  |  | 105,208 |  |  |  |  | — |  |  | 105,208 |  |  | 5.7 | %
Equipment and other |  | 233,774 |  |  | 34,849 |  |  |  |  | (8,004) |  |  | 260,619 |  |  | 14.1 | %
Total net sales |  | $ | 1,709,826 |  |  | $ | 143,831 |  |  |  |  | $ | (8,977) |  |  | $ | 1,844,680 |  |  | 100.0 | %

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