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Segments (Tables)

3 Months Ended

Mar. 31, 2026

Segment Reporting [Abstract]

Schedule of Results of Operations by Reportable Segment

The following tables summarize key financial information by reportable segment:

	Three Months Ended March 31, 2026
	Material Handling				Construction Equipment				Master Distribution				Corporate and Other				Total
Revenues:
New and used equipment sales	$	72.8			$	121.2			$	14.1			$	(1.2	)		$	206.9
Parts sales		23.3				45.4				2.7				(0.2	)			71.2
Service revenues		34.0				29.4				0.2				—				63.6
Rental revenues		16.5				22.0				0.1				—				38.6
Rental equipment sales		3.9				26.3				—				—				30.2
Total revenues		150.5				244.3				17.1				(1.4	)			410.5
Cost of revenues:
New and used equipment sales		58.5				107.0				11.4				(1.2	)			175.7
Parts sales		14.7				31.6				1.5				(0.2	)			47.6
Service revenues		13.1				12.0				0.2				—				25.3
Rental revenues		1.2				2.8				—				—				4.0
Rental equipment sales		2.4				22.7				—				—				25.1
Selling, general and administrative expenses		47.6				53.6				2.6				4.4				108.2
Other segment items(1)		—				0.7				0.4				(4.6	)			(3.5	)
Segment adjusted EBITDA(2)		13.0				13.9				1.0				0.2				28.1
Depreciation and amortization																		30.3
Interest expense																		19.5
Other(1)																		1.6
Loss before taxes																	$	(23.3	)
Total assets, end of period	$	386.4			$	818.7			$	88.4			$	41.1			$	1,334.6
Capital expenditures		4.6				3.9				—				0.8				9.3
Depreciation and amortization		9.6				19.4				1.0				0.3				30.3
Interest expense		5.8				11.0				1.7				1.0				19.5

	Three Months Ended March 31, 2025
	Material Handling				Construction Equipment				Master Distribution				Corporate and Other				Total
Revenues:
New and used equipment sales	$	78.4			$	126.7			$	14.8			$	1.8			$	221.7
Parts sales		24.3				45.3				2.4				—				72.0
Service revenues		34.1				31.8				0.2				—				66.1
Rental revenues		17.6				24.6				—				0.1				42.3
Rental equipment sales		3.5				17.4				—				—				20.9
Total revenues		157.9				245.8				17.4				1.9				423.0
Cost of revenues:
New and used equipment sales		63.1				112.3				11.0				1.7				188.1
Parts sales		15.3				30.9				1.4				—				47.6
Service revenues		13.3				12.6				0.5				—				26.4
Rental revenues		1.0				4.0				—				—				5.0
Rental equipment sales		2.5				13.5				—				—				16.0
Selling, general and administrative expenses		46.5				54.6				2.5				3.1				106.7
Other segment items(1)		0.6				0.9				0.5				(2.4	)			(0.4	)
Segment adjusted EBITDA(2)		15.6				17.0				1.5				(0.5	)			33.6
Depreciation and amortization																		32.4
Interest expense																		21.9
Other(1)																		(0.5	)
Loss before taxes																	$	(20.2	)
Total assets, end of period	$	442.2			$	933.8			$	87.6			$	40.9			$	1,504.5
Capital expenditures		6.3				7.3				—				0.1				13.7
Depreciation and amortization		10.6				20.6				0.9				0.3				32.4
Interest expense		6.3				12.8				1.4				1.4				21.9

(1) Primarily includes other income (expense), certain one-time, non-recurring or non-cash items, and items not necessarily indicative of our underlying operating performance.

(2) See definition in Item 2 under Non-GAAP Financial Measures.

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

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X

- References

No definition available.

+ Details

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