XML 63 R48.htm IDEA: XBRL DOCUMENT v3.24.0.1

SEGMENTS (Tables)

12 Months Ended

Dec. 31, 2023

Segment Reporting [Abstract]

Reportable Segment Information

Reportable segment information is as follows (in thousands):

			Transportation Solutions						Parts & Services												Corporate and Eliminations						Consolidated
2023
Net sales
External customers			$	2,320,274					$	216,226											$	—					$	2,536,500
Intersegment sales			18,330						4,647												(22,977)						—
Total net sales			$	2,338,604					$	220,873											$	(22,977)					$	2,536,500
Depreciation and amortization			$	40,443					$	2,201											$	2,676					$	45,320
Income (loss) from operations			$	366,928					$	44,649											$	(99,628)					$	311,949
2022
Net sales
External customers			$	2,312,637					$	189,492											$	—					$	2,502,129
Intersegment sales			8,277						3,984												(12,261)						—
Total net sales			$	2,320,914					$	193,476											$	(12,261)					$	2,502,129
Depreciation and amortization			$	41,187					$	2,717											$	3,065					$	46,969
Income (loss) from operations			$	209,942					$	30,558											$	(73,858)					$	166,642
2021
Net sales
External customers			$	1,628,694					$	174,574											$	—					$	1,803,268
Intersegment sales			4,625						2,592												(7,217)						—
Total net sales			$	1,633,319					$	177,166											$	(7,217)					$	1,803,268
Depreciation and amortization			$	41,819					$	4,781											$	2,242					$	48,842
Income (loss) from operations			$	61,869					$	20,201											$	(48,528)					$	33,542

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, 2023						Transportation Solutions						Parts & Services												Eliminations						Consolidated
New trailers						$	1,924,700					$	—											$	(5,901)					$	1,918,799					75.7%
Used trailers						—						4,978												—						4,978						0.2%
Components, parts and services						—						148,256												—						148,256						5.8%
Equipment and other						413,904						67,639												(17,076)						464,467						18.3%
Total net external sales						$	2,338,604					$	220,873											$	(22,977)					$	2,536,500					100.0%

Year ended December 31, 2022						Transportation Solutions						Parts & Services												Eliminations						Consolidated
New trailers						$	2,012,428					$	1,722											$	(1,286)					$	2,012,864					80.4%
Used trailers						—						2,905												—						2,905						0.1%
Components, parts and services						—						139,762												—						139,762						5.6%
Equipment and other						308,486						49,087												(10,975)						346,598						13.9%
Total net external sales						$	2,320,914					$	193,476											$	(12,261)					$	2,502,129					100.0%

Year ended December 31, 2021						Transportation Solutions						Parts & Services												Eliminations						Consolidated
New trailers						$	1,354,375					$	179											$	(181)					$	1,354,373					75.0%
Used trailers						165						2,349												—						2,514						0.1%
Components, parts and services						—						131,929												—						131,929						7.3%
Equipment and other						278,779						42,709												(7,036)						314,452						17.4%
Total net external sales						$	1,633,319					$	177,166											$	(7,217)					$	1,803,268					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
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 40
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482810/280-10-50-40

+ Details

Name:	us-gaap_ScheduleOfEntityWideInformationRevenueFromExternalCustomersByProductsAndServicesTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types: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
-Name Accounting Standards Codification
-Topic 350
-SubTopic 20
-Section 50
-Paragraph 1
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482573/350-20-50-1

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 25
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482810/280-10-50-25

Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 22
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482810/280-10-50-22

Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 30
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482810/280-10-50-30

+ Details

Name:	us-gaap_ScheduleOfSegmentReportingInformationBySegmentTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types: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