Segments (Tables)

3 Months Ended

Mar. 31, 2023

Segment Reporting [Abstract]

Schedule of Results of Operations by Reportable Segment

The following table presents the Company’s results of operations by reportable segment for the three months ended March 31, 2023:

	Three Months Ended March 31, 2023
	Material Handling		Construction Equipment			Master Distribution		Corporate and Other			Total
New and used equipment sales	$	87.5	$	112.1		$	23.5	$	(3.5	)	$	219.6
Parts sales		25.0		40.9			2.9		(0.4	)		68.4
Service revenue		32.9		27.2			0.1		—			60.2
Rental revenue		18.0		25.3			0.2		—			43.5
Rental equipment sales		1.4		27.6			—		—			29.0
Total revenues	$	164.8	$	233.1		$	26.7	$	(3.9	)	$	420.7
Interest expense		3.9		6.6			0.8		0.7			12.0
Depreciation and amortization		8.1		18.8			1.1		0.1			28.1
Income (loss) before taxes		5.1		(1.6	)		3.4		(5.8	)		1.1

The following table presents the Company’s results of operations by reportable segment for the three months ended March 31, 2022:

	Three Months Ended March 31, 2022
	Material Handling		Construction Equipment			Corporate and Other			Total
New and used equipment sales	$	66.9	$	84.7		$	—		$	151.6
Parts sales		19.2		34.2			—			53.4
Service revenue		26.7		21.5			—			48.2
Rental revenue		12.8		24.9			—			37.7
Rental equipment sales		—		40.8			—			40.8
Total revenues	$	125.6	$	206.1		$	—		$	331.7
Interest expense		2.3		3.5			0.3			6.1
Depreciation and amortization		5.3		18.9			—			24.2
Income (loss) before taxes		4.0		(2.1	)		(3.1	)		(1.2	)

Summary of Identified Assets by Reportable Segment

The following table presents the Company’s identified assets by reportable segment as of March 31, 2023 and December 31, 2022:

	March 31, 2023		December 31, 2022
Segment assets:
Material Handling	$	446.5	$	416.3
Construction Equipment		829.9		775.5
Master Distribution		81.2		77.6
Corporate and Other		19.2		21.2
Total assets	$	1,376.8	$	1,290.6