Segments (Tables)

12 Months Ended

Dec. 31, 2024

Segment Reporting [Abstract]

Schedule of Results of Operations by Reportable Segment

The following tables summarize key financial information by reportable segment:

	Year Ended December 31, 2024
	Material Handling			Construction Equipment		Master Distribution			Corporate and Other			Total
Revenues:
New and used equipment sales	$	365.2		$	574.4	$	48.0		$	(0.6	)	$	987.0
Parts sales		99.6			186.7		8.9			(0.8	)		294.4
Service revenues		135.9			117.1		0.8			—			253.8
Rental revenues		76.2			125.7		1.5			—			203.4
Rental equipment sales		10.5			127.5		—			—			138.0
Total revenues		687.4			1,131.4		59.2			(1.4	)		1,876.6
Cost of revenues:
New and used equipment sales		300.2			503.3		35.9			(1.5	)		837.9
Parts sales		62.6			129.5		5.0			(0.9	)		196.2
Service revenues		56.2			48.8		0.9			(0.1	)		105.8
Rental revenues		6.5			16.0		—			—			22.5
Rental equipment sales		7.6			97.0		—			—			104.6
Selling, general and administrative expenses		184.7			229.6		13.0			19.2			446.5
Other segment items(1)		(0.5	)		3.0		(0.3	)		(7.4	)		(5.2	)
Segment adjusted EBITDA(2)		70.1			104.2		4.7			(10.7	)		168.3
Depreciation and amortization													144.5
Interest expense													81.3
Other(1)													8.8
Loss before taxes												$	(66.3	)
Total assets, end of period	$	447.5		$	898.1	$	86.7		$	48.1		$	1,480.4
Capital expenditures		42.5			27.2		0.2			0.6			70.5
Depreciation and amortization		41.0			97.9		4.6			1.0			144.5
Interest expense		24.2			48.5		4.5			4.1			81.3

	Year Ended December 31, 2023
	Material Handling		Construction Equipment			Master Distribution			Corporate and Other			Total
Revenues:
New and used equipment sales	$	367.6	$	597.9		$	72.5		$	(12.1	)	$	1,025.9
Parts sales		99.5		170.1			9.8			(1.1	)		278.3
Service revenues		132.8		108.2			0.3			—			241.3
Rental revenues		76.4		124.8			1.2			—			202.4
Rental equipment sales		5.2		123.7			—			—			128.9
Total revenues		681.5		1,124.7			83.8			(13.2	)		1,876.8
Cost of revenues:
New and used equipment sales		294.3		515.5			54.4			(10.6	)		853.6
Parts sales		61.8		117.5			5.0			(1.1	)		183.2
Service revenues		57.3		45.9			0.2			—			103.4
Rental revenues		9.7		15.1			—			—			24.8
Rental equipment sales		3.4		91.1			—			—			94.5
Selling, general and administrative expenses		187.8		211.6			12.3			18.6			430.3
Other segment items(1)		1.5		(0.6	)		(0.6	)		(4.7	)		(4.4	)
Segment adjusted EBITDA(2)		65.7		128.6			12.5			(15.4	)		191.4
Depreciation and amortization													132.6
Interest expense													57.0
Other(1)													(0.7	)
Income before taxes												$	2.5
Total assets, end of period	$	474.3	$	947.6		$	85.9		$	63.1		$	1,570.9
Capital expenditures		45.2		28.2			—			1.2			74.6
Depreciation and amortization		34.9		92.5			4.4			0.8			132.6
Interest expense		18.1		33.1			3.4			2.4			57.0

	Year Ended December 31, 2022
	Material Handling			Construction Equipment		Master Distribution			Corporate and Other			Total
Revenues:
New and used equipment sales	$	305.2		$	508.2	$	5.0		$	(1.2	)	$	817.2
Parts sales		84.4			149.0		1.6			(0.2	)		234.8
Service revenues		112.1			94.4		0.1			—			206.6
Rental revenues		63.5			116.6		—			—			180.1
Rental equipment sales		5.5			127.6		—			—			133.1
Total revenues		570.7			995.8		6.7			(1.4	)		1,571.8
Cost of revenues:
New and used equipment sales		242.9			436.7		4.6			(1.0	)		683.2
Parts sales		52.8			103.7		1.0			(0.1	)		157.4
Service revenues		49.5			41.2		—			—			90.7
Rental revenues		6.1			16.3		—			—			22.4
Rental equipment sales		3.3			99.7		—			—			103.0
Selling, general and administrative expenses		164.9			178.8		1.5			17.1			362.3
Other segment items(1)		(4.9	)		3.9		—			(4.3	)		(5.3	)
Segment adjusted EBITDA(2)		56.1			115.5		(0.4	)		(13.1	)		158.1
Depreciation and amortization													112.0
Interest expense													31.8
Other(1)													3.7
Income before taxes												$	10.6
Total assets, end of period	$	416.3		$	775.5	$	77.6		$	21.2		$	1,290.6
Capital expenditures		38.0			36.8		—			1.9			76.7
Depreciation and amortization		26.8			84.6		0.6			—			112.0
Interest expense		11.7			17.7		0.5			1.9			31.8

(1) Primarily includes other income (expense) and non-recurring items.

(2) See definition in Part II Item 7 under Non-GAAP Financial Measures.