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SEGMENTS (Tables)

3 Months Ended

Mar. 31, 2025

Segment Reporting [Abstract]

Reportable Segment Information

Reportable segment information is as follows (in thousands):

Three Months Ended March 31, 2025						Transportation Solutions						Parts & Services												Corporate and Eliminations						Consolidated
Net sales
External customers						$	329,048					$	51,842											$	—					$	380,890
Intersegment sales						17,755						113												(17,868)						—
Total net sales						346,803						51,955												(17,868)						380,890
Cost of sales						338,389						41,366												(17,868)						361,887
Gross profit						8,414						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, 2024						Transportation Solutions						Parts & Services												Corporate and Eliminations						Consolidated
Net sales
External customers						$	467,123					$	48,153											$	—					$	515,276
Intersegment sales						3,305						1,081												(4,386)						—
Total net sales						470,428						49,234												(4,386)						515,276
Cost of sales						407,316						35,900												(4,386)						438,830
Gross profit						63,112						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

___________________

(1) Other operating expenses include General and administrative expenses, Selling expenses, Amortization of intangible assets and Impairment and other, net.

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 March 31, 2025						Transportation Solutions						Parts & Services												Eliminations						Consolidated
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 other						95,758						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, 2024						Transportation Solutions						Parts & Services												Eliminations						Consolidated
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 other						104,270						12,260												(3,566)						112,964						21.9		%
Total net sales						$	470,428					$	49,234											$	(4,386)					$	515,276					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

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- 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 280
-SubTopic 10
-Section 50
-Paragraph 25
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-25

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 280
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-Section 50
-Paragraph 22
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-22

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-Name Accounting Standards Codification
-Topic 280
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-Section 50
-Paragraph 30
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