SEGMENT INFORMATION AND OPERATING RESULTS

9 Months Ended

Oct. 31, 2021

Segment Reporting [Abstract]

SEGMENT INFORMATION AND OPERATING RESULTS

SEGMENT INFORMATION

    The Company has three reportable segments: Agriculture, Construction and International. Revenue between segments is immaterial. The Company retains various unallocated income/(expense) items and assets at the general corporate level, which the Company refers to as “Shared Resources” in the table below. Shared Resources assets primarily consist of cash and property and equipment.

    Certain financial information for each of the Company’s business segments is set forth below.

	Three Months Ended October 31,				Nine Months Ended October 31,
	2021		2020		2021		2020
	(in thousands)				(in thousands)
Revenue
Agriculture	$	281,506	$	220,625	$	730,422	$	583,326
Construction	79,735		79,030		229,286		216,862
International	92,734		61,217		244,603		174,357
Total	$	453,975	$	360,872	$	1,204,311	$	974,545
Income (Loss) Before Income Taxes
Agriculture	$	19,618	$	13,575	$	42,910	$	26,490
Construction	3,564		1,448		6,518		(50)
International	6,260		(2,424)		9,498		(3,136)
Segment income before income taxes	29,442		12,599		58,926		23,304
Shared Resources	(619)		1,225		(793)		1,961
Total	$	28,823	$	13,824	$	58,133	$	25,265

 

	October 31, 2021		January 31, 2021
	(in thousands)
Total Assets
Agriculture	$	393,775	$	349,697
Construction	190,233		185,534
International	159,601		177,213
Segment assets	743,609		712,444
Shared Resources	111,610		103,345
Total	$	855,219	$	815,789