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Segment Reporting
 9 Months Ended
Sep. 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 83 percent and 81 percent of consolidated net sales for the nine months ended September 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 63 percent of the Company's OEM Segment net sales for the nine months ended September 30, 2022 were of components for travel trailer and fifth-wheel RVs.

The Aftermarket Segment, which accounted for 17 percent and 19 percent of consolidated net sales for the nine months ended September 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 September 30, 2022Three Months Ended September 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$480,207 $13,308 $493,515 $586,830 $15,599 $602,429 
Motorhomes60,964 21,958 82,922 39,679 23,580 63,259 
Adjacent Industries OEMs295,173 40,810 335,983 246,582 34,011 280,593 
Total OEM Segment net sales836,344 76,076 912,420 873,091 73,190 946,281 
Aftermarket Segment:
Total Aftermarket Segment net sales203,106 16,553 219,659 204,566 14,462 219,028 
Total net sales$1,039,450 $92,629 $1,132,079 $1,077,657 $87,652 $1,165,309 
Nine Months Ended September 30, 2022Nine Months Ended September 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$2,218,157 $43,093 $2,261,250 $1,582,182 $50,877 $1,633,059 
Motorhomes185,118 76,538 261,656 118,872 74,233 193,105 
Adjacent Industries OEMs930,536 131,838 1,062,374 690,759 110,262 801,021 
Total OEM Segment net sales3,333,811 251,469 3,585,280 2,391,813 235,372 2,627,185 
Aftermarket Segment:
Total Aftermarket Segment net sales673,519 53,998 727,517 585,973 46,129 632,102 
Total net sales$4,007,330 $305,467 $4,312,797 $2,977,786 $281,501 $3,259,287 
(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 
September 30,		Nine Months Ended 
September 30,
(In thousands)2022202120222021
Operating profit:
OEM Segment$65,186 $64,136 $501,137 $206,757 
Aftermarket Segment22,389 24,888 74,928 77,680 
Total operating profit$87,575 $89,024 $576,065 $284,437 
The following table presents the Company's revenue disaggregated by product:
Three Months Ended 
September 30,		Nine Months Ended 
September 30,
(In thousands)2022202120222021
OEM Segment:
Chassis, chassis parts, and slide-out mechanisms$295,256 $351,837 $1,341,567 $948,135 
Windows and doors244,011 254,526 876,354 761,168 
Furniture and mattresses179,710 184,741 651,456 508,789 
Axles and suspension solutions67,343 68,120 257,766 184,092 
Other126,100 87,057 458,137 225,001 
Total OEM Segment net sales912,420 946,281 3,585,280 2,627,185 
Total Aftermarket Segment net sales219,659 219,028 727,517 632,102 
Total net sales$1,132,079 $1,165,309 $4,312,797 $3,259,287