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SEGMENTS
 3 Months Ended
Mar. 31, 2025
Segment Reporting [Abstract]  
SEGMENTS SEGMENTS
a. Segment Reporting
The Company’s Chief Operating Decision Maker (“CODM”) is comprised of the Chief Executive Officer and the Board of Directors. Based on how the CODM manages the business, allocates resources, makes operating decisions, and evaluates operating performance, the Company manages its business in two operating and reportable segments: Transportation Solutions and Parts & Services.
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. The Company’s EcoNex™ products, which are part of the Company’s AcuthermTM portfolio of solutions designed for intelligent thermal management, are also reported in the TS segment. Additionally, the TS segment includes tank trailers and truck-mounted tanks. Finally, truck-mounted dry and refrigerated bodies, as well as service and stake bodies, are also in the TS segment.
▪Parts & Services (“P&S”): The P&S segment comprises the Company’s Parts and Services business, as well as the Upfitting Solutions and Services business (a component of our Truck Bodies business). Additionally, 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. This segment also includes the Wabash Parts LLC and Linq Venture Holdings LLC entities, which we created with our partners as further described in Note 6. Our Trailers as a Service (TaaS)SM initiatives, which combine our market-leading trailer products with emerging capabilities like parts distribution and a growing maintenance and repair network to provide a valuable suite of services to our customers, are included in the P&S segment as well. Finally, the P&S segment includes the Company’s Engineered Products business, which manufactures stainless-steel storage tanks and silos, mixers and processors for a variety of end markets. Growing and expanding the Parts and Services offerings continues to be a key strategic initiative for the Company.
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 from operations. The CODM evaluates performance by considering comparative period and forecast-to-actual variances for these measures monthly. 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 March 31, 2025Transportation SolutionsParts & ServicesCorporate and
Eliminations		Consolidated
Net sales
External customers$329,048 $51,842 $— $380,890 
Intersegment sales17,755 113 (17,868)— 
Total net sales346,803 51,955 (17,868)380,890 
Cost of sales338,389 41,366 (17,868)361,887 
     Gross profit8,414 10,589 — 19,003 
Other operating expenses (1)
18,212 3,679 24,561 46,452 
     Segment (loss) income from operations(9,798)6,910 (24,561)(27,449)
Product liability matter— — 342,000 342,000 
     Consolidated (loss) income from operations$(9,798)$6,910 $317,439 $314,551 
Depreciation and amortization$12,705 $1,177 $1,150 $15,032 
Three Months Ended March 31, 2024Transportation SolutionsParts & ServicesCorporate and
Eliminations		Consolidated
Net sales
External customers$467,123 $48,153 $— $515,276 
Intersegment sales3,305 1,081 (4,386)— 
Total net sales470,428 49,234 (4,386)515,276 
Cost of sales407,316 35,900 (4,386)438,830 
     Gross profit63,112 13,334 — 76,446 
Other operating expenses (1)
18,857 2,814 25,200 46,871 
     Consolidated income (loss) from operations$44,255 $10,520 $(25,200)$29,575 
Depreciation and amortization$11,318 $546 $858 $12,722 
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(1) Other operating expenses include General and administrative expenses, Selling expenses, Amortization of intangible assets and Impairment and other, net.
b.  Product Information
The Company offers products primarily in four general categories: (1) new trailers, (2) used trailers, (3) components, parts and services, 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 March 31, 2025Transportation SolutionsParts & ServicesEliminationsConsolidated
New trailers$251,045 $— $(17,670)$233,375 61.3 %
Used trailers— 1,500 — 1,500 0.4 %
Components, parts and services— 31,502 — 31,502 8.3 %
Equipment and other95,758 18,953 (198)114,513 30.1 %
Total net sales$346,803 $51,955 $(17,868)$380,890 100.0 %
Three Months Ended March 31, 2024Transportation SolutionsParts & ServicesEliminationsConsolidated
New trailers$366,158 $— $(820)$365,338 70.9 %
Used trailers— 1,344 — 1,344 0.3 %
Components, parts and services— 35,630 — 35,630 6.9 %
Equipment and other104,270 12,260 (3,566)112,964 21.9 %
Total net sales$470,428 $49,234 $(4,386)$515,276 100.0 %