XML 74 R50.htm IDEA: XBRL DOCUMENT v3.25.1

Segmented information (Tables)

12 Months Ended

Dec. 31, 2024

Segment Reporting [Abstract]

Schedule of results by business segment

For the year ended December 31, 2024						Heavy Equipment - Australia						Heavy Equipment - Canada						Other						Eliminations						Total
Revenue from external customers						$	590,901					$	555,301					$	19,457					$	—					$	1,165,659
Revenue from intersegment transactions						—						—						27,742						(27,614)						128
Cost of sales						396,684						381,668						37,306						(26,602)						789,056
Depreciation expense						62,930						105,250						—						(1,497)						166,683
Segment gross profits						131,287						68,383						9,893						485						210,048
Purchase of property, plant and equipment						170,282						109,862						—						—						280,144

For the year ended December 31, 2023						Heavy Equipment - Australia						Heavy Equipment - Canada						Other						Eliminations						Total
Revenue from external customers						$	153,877					$	760,590					$	25,441					$	—					$	939,908
Revenue from intersegment transactions						4,731						6,330						21,982						(8,271)						24,772
Cost of sales						104,761						545,477						35,437						(7,147)						678,528
Depreciation expense						13,240						116,660						—						1,419						131,319
Segment gross profits						40,607						104,783						11,986						(2,543)						154,833
Purchase of property, plant and equipment						56,367						146,442						—						—						202,809

Segment assets						December 31, 2024						December 31, 2023
Heavy Equipment - Canada						$	1,143,415					$	1,079,370
Heavy Equipment - Australia						986,397						718,114
Other						343,690						307,850
Eliminations						(779,238)						(558,856)
						$	1,694,264					$	1,546,478

Schedule of reconciliations

For the year ended December 31,						2024						2023
Total gross profit for reportable segments						$	210,048					$	154,833
Less: unallocated corporate items:
General and administrative costs						55,951						56,844
Loss on disposal of property, plant and equipment						767						1,659
Equity earnings in affiliates and joint ventures						(15,299)						(25,199)
Interest expense						59,340						36,948
Change in fair value of contingent obligations						53,206						4,681
Gain on derivative financial instruments						(3,952)						(6,063)
Income before income taxes						$	60,035					$	85,963

Schedule of revenue, by geographical areas

						2024						2023
Australia						$	590,901					$	151,789
Canada						566,669						802,932
United States						8,217						9,959
						$	1,165,787					$	964,680

Schedule of long-lived assets, by geographical areas

						2024						2023
Australia						$	581,992					$	452,519
Canada						697,060						717,324
						$	1,279,052					$	1,169,843

X

- Definition

Tabular disclosure of long-lived assets, excluding financial instruments, long-term customer relationships of a financial institution, mortgage rights, deferred policy acquisition costs, and deferred tax assets, by geographic areas located in the entity's country of domicile and foreign countries in which the entity holds assets.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Topic 280
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 41
-Subparagraph (b)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-41

+ Details

Name:	us-gaap_LongLivedAssetsByGeographicAreasTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of the reconciliation of profit (loss) from reportable segments to the consolidated income (loss) before income tax expense (benefit) and discontinued operations. Includes, but is not limited to, reconciliation after income tax if income tax is allocated to the reportable segment.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 31
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-31

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 30
-Subparagraph (b)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-30

+ Details

Name:	us-gaap_ReconciliationOfOperatingProfitLossFromSegmentsToConsolidatedTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of revenue from external customers by geographic areas attributed to the entity's country of domicile and to foreign countries from which the entity derives revenue.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Topic 280
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 41
-Subparagraph (a)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-41

+ Details

Name:	us-gaap_RevenueFromExternalCustomersByGeographicAreasTableTextBlock
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 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
-SubTopic 10
-Section 50
-Paragraph 22
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-22

Reference 3: 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