Segments (Tables)

6 Months Ended

Jun. 30, 2024

Segment Reporting [Abstract]

Schedule of Results of Operations by Reportable Segment

The following tables present the Company’s results of operations by reportable segment for the three and six months ended June 30, 2024 and 2023,:

	Three Months Ended June 30, 2024
	Material Handling		Construction Equipment			Master Distribution			Corporate and Other			Total
New and used equipment sales	$	90.2	$	145.5		$	14.4		$	1.4		$	251.5
Parts sales		26.9		49.2			2.4			(0.5	)		78.0
Service revenues		35.7		30.3			0.2			—			66.2
Rental revenues		20.0		33.3			0.4			—			53.7
Rental equipment sales		2.8		36.6			(0.7	)		—			38.7
Total revenues	$	175.6	$	294.9		$	16.7		$	0.9		$	488.1
Interest expense		5.9		11.8			1.0			0.5			19.2
Depreciation and amortization		10.4		26.2			1.3			0.1			38.0
Income (loss) before taxes		4.7		(5.2	)		(1.1	)		(13.0	)		(14.6	)

	Three Months Ended June 30, 2023
	Material Handling		Construction Equipment		Master Distribution		Corporate and Other			Total
New and used equipment sales	$	90.2	$	149.2	$	18.6	$	(3.4	)	$	254.6
Parts sales		26.4		42.6		2.5		(0.2	)	$	71.3
Service revenues		33.0		26.6		0.1		—		$	59.7
Rental revenues		18.6		30.8		0.2		—		$	49.6
Rental equipment sales		0.9		32.3		—		—			33.2
Total revenues	$	169.1	$	281.5	$	21.4	$	(3.6	)	$	468.4
Interest expense		4.4		7.9		0.8		0.6			13.7
Depreciation and amortization		8.7		23.2	1			0.1			33.0
Income (loss) before taxes		2.9		4.5		1.4		(6.1	)		2.7

	Six Months Ended June 30, 2024
	Material Handling		Construction Equipment			Master Distribution			Corporate and Other			Total
New and used equipment sales	$	184.3	$	271.6		$	23.5		$	0.7		$	480.1
Parts sales		51.8		95.1			4.9			(0.9	)		150.9
Service revenues		69.5		60.4			0.3			—			130.2
Rental revenues		39.0		62.4			0.8			—			102.2
Rental equipment sales		5.3		61.0			—			—			66.3
Total revenues	$	349.9	$	550.5		$	29.5		$	(0.2	)	$	929.7
Interest expense		11.0		21.6			1.9			0.8			35.3
Depreciation and amortization		20.1		49.1			2.4			0.4			72.0
Income (loss) before taxes		5.3		(15.2	)		(3.1	)		(17.7	)		(30.7	)

	Six Months Ended June 30, 2023
	Material Handling		Construction Equipment		Master Distribution		Corporate and Other			Total
New and used equipment sales	$	177.7	$	261.3	$	42.1	$	(6.9	)	$	474.2
Parts sales		51.4		83.5		5.4		(0.6	)		139.7
Service revenues		65.9		53.8		0.2		—			119.9
Rental revenues		36.6		56.1		0.4		—			93.1
Rental equipment sales		2.3		59.9		—		—			62.2
Total revenues	$	333.9	$	514.6	$	48.1	$	(7.5	)	$	889.1
Interest expense		8.3		14.5		1.6		1.3			25.7
Depreciation and amortization		16.8		42.0	2.1			0.2			61.1
Income (loss) before taxes		8.0		2.9		4.8		(11.9	)		3.8

Summary of Identified Assets by Reportable Segment

The following table presents the Company’s identified assets by reportable segment as of June 30, 2024 and December 31, 2023:

	June 30, 2024		December 31, 2023
Material Handling	$	480.4	$	474.3
Construction Equipment		974.3		947.6
Master Distribution		94.5		85.9
Corporate and Other		42.1		63.1
Total assets	$	1,591.3	$	1,570.9