Segments (Tables)

3 Months Ended

Mar. 31, 2023

Segment Reporting [Abstract]

Schedule of Reporting Information by Segment

Summarized segment detail for the quarters ended March 31, 2023 and 2022 are presented in the following table:

	For the Quarter Ended March 31,
	2023			2022
Net Sales
Material Handling	$	152,562		$	176,636
Distribution		63,185			48,861
Inter-company sales		(8	)		(11	)
Total net sales	$	215,739		$	225,486
Operating income
Material Handling	$	25,351		$	31,220
Distribution		2,237			3,301
Corporate(1)		(8,631	)		(10,116	)
Total operating income		18,957			24,405
Interest expense, net		(1,646	)		(1,147	)
Income before income taxes	$	17,311		$	23,258

(1) The company recognized $0.5 million and $0.7 million of expense to the estimated environmental reserve, net of probable insurance recoveries in the three months ended March 31, 2023 and 2022, respectively, as described in Note 10. Environmental charges are not included in segment results and are shown with Corporate.