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Segment Reporting
 6 Months Ended
Jun. 30, 2022
Segment Reporting [Abstract]  
Segment Reporting SEGMENT REPORTING
The Company has two reportable segments, the OEM Segment and the Aftermarket Segment. Intersegment sales are insignificant.

The OEM Segment, which accounted for 84 percent and 80 percent of consolidated net sales for the six months ended June 30, 2022 and 2021, respectively, manufactures and distributes a broad array of engineered components for the leading OEMs in the recreation and transportation product markets, consisting primarily of RVs and adjacent industries, including buses; trailers used to haul boats, livestock, equipment and other cargo; trucks; boats; trains; manufactured homes; and modular housing. Approximately 66 percent of the Company's OEM Segment net sales for the six months ended June 30, 2022 were of components for travel trailer and fifth-wheel RVs.

The Aftermarket Segment, which accounted for 16 percent and 20 percent of consolidated net sales for the six months ended June 30, 2022 and 2021, respectively, supplies engineered components to the related aftermarket channels of the recreation and transportation product markets, primarily to retail dealers, wholesale distributors, and service centers, as well as direct to retail customers via the Internet. The Aftermarket Segment also includes biminis, covers, buoys, fenders to the marine industry, towing products, truck accessories, appliances, air conditioners, televisions, sound systems, and the sale of replacement glass and awnings to fulfill insurance claims.

Decisions concerning the allocation of the Company's resources are made by the Company's chief operating decision maker ("CODM"), with oversight by the Board of Directors. The CODM evaluates the performance of each segment based upon segment operating profit or loss, generally defined as income or loss before interest and income taxes. Decisions concerning the allocation of resources are also based on each segment's utilization of assets. Management of debt is a corporate function. The accounting policies of the OEM and Aftermarket Segments are the same as those described in Note 2 of the Notes to Consolidated Financial Statements in the Company's Annual Report on Form 10-K for the year ended December 31, 2021.
The following tables present the Company's revenues disaggregated by segment and geography based on the billing address of the Company's customers:
Three Months Ended June 30, 2022Three Months Ended June 30, 2021
(In thousands)
U.S. (a)
Int’l (b)
Total
U.S. (a)
Int’l (b)
Total
OEM Segment:
RV OEMs:
Travel trailers and fifth-wheels$800,315 $14,194 $814,509 $508,810 $18,804 $527,614 
Motorhomes64,008 27,472 91,480 39,776 27,477 67,253 
Adjacent Industries OEMs323,715 46,574 370,289 232,495 37,292 269,787 
Total OEM Segment net sales1,188,038 88,240 1,276,278 781,081 83,573 864,654 
Aftermarket Segment:
Total Aftermarket Segment net sales240,246 19,626 259,872 209,997 19,069 229,066 
Total net sales$1,428,284 $107,866 $1,536,150 $991,078 $102,642 $1,093,720 
Six Months Ended June 30, 2022Six Months Ended June 30, 2021
(In thousands)
U.S. (a)
Int’l (b)
Total
U.S. (a)
Int’l (b)
Total
OEM Segment:
RV OEMs:
Travel trailers and fifth-wheels$1,737,950 $29,785 $1,767,735 $995,352 $35,278 $1,030,630 
Motorhomes124,154 54,580 178,734 79,193 50,653 129,846 
Adjacent Industries OEMs635,363 91,028 726,391 444,177 76,251 520,428 
Total OEM Segment net sales2,497,467 175,393 2,672,860 1,518,722 162,182 1,680,904 
Aftermarket Segment:
Total Aftermarket Segment net sales470,413 37,445 507,858 381,407 31,667 413,074 
Total net sales$2,967,880 $212,838 $3,180,718 $1,900,129 $193,849 $2,093,978 
(a) Net sales to customers in the United States of America
(b) Net sales to customers in countries domiciled outside of the United States of America

The following table presents the Company's operating profit by segment:
 Three Months Ended 
June 30,		Six Months Ended 
June 30,
(In thousands)2022202120222021
Operating profit:
OEM Segment$190,577 $63,334 $435,951 $142,621 
Aftermarket Segment28,212 30,648 52,539 52,792 
Total operating profit$218,789 $93,982 $488,490 $195,413 
The following table presents the Company's revenue disaggregated by product:
Three Months Ended 
June 30,		Six Months Ended 
June 30,
(In thousands)2022202120222021
OEM Segment:
Chassis, chassis parts, and slide-out mechanisms$486,591 $309,237 $1,046,311 $596,298 
Windows and doors301,985 256,722 632,343 506,642 
Furniture and mattresses229,520 168,804 471,746 324,048 
Axles and suspension solutions93,378 60,850 190,423 115,972 
Other164,804 69,041 332,037 137,944 
Total OEM Segment net sales1,276,278 864,654 2,672,860 1,680,904 
Total Aftermarket Segment net sales259,872 229,066 507,858 413,074 
Total net sales$1,536,150 $1,093,720 $3,180,718 $2,093,978