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Segment Reporting
 3 Months Ended
Mar. 31, 2024
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 78 percent of consolidated net sales for each of the three months ended March 31, 2024 and 2023, manufactures and distributes a broad array of highly engineered components for the leading OEMs in the recreation and transportation markets, consisting primarily of RVs and adjacent industries, including boats; buses; trailers used to haul boats, livestock, equipment, and other cargo; trucks; trains; manufactured homes; and modular housing.
Approximately 52 percent of the Company's OEM Segment net sales for the three months ended March 31, 2024 were of components for travel trailer and fifth-wheel RVs.

The Aftermarket Segment, which accounted for 22 percent of consolidated net sales for each of the three months ended March 31, 2024 and 2023, supplies engineered components to the related aftermarket channels of the recreation and transportation products, 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, tankless water heaters, 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, 2023.

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 March 31, 2024Three Months Ended March 31, 2023
(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$380,162 $10,601 $390,763 $314,982 $15,571 $330,553 
Motorhomes40,004 28,834 68,838 44,004 25,547 69,551 
Adjacent Industries OEMs248,512 50,198 298,710 309,466 48,603 358,069 
Total OEM Segment net sales668,678 89,633 758,311 668,452 89,721 758,173 
Aftermarket Segment:
Total Aftermarket Segment net sales189,648 20,070 209,718 200,486 14,651 215,137 
Total net sales$858,326 $109,703 $968,029 $868,938 $104,372 $973,310 
(a) Net sales to customers in the United States of America
(b) Net sales to customers domiciled in countries outside of the United States of America

The following table presents the Company's operating profit (loss) by segment:
 Three Months Ended 
March 31,
(In thousands)20242023
Operating profit (loss):
OEM Segment$32,836 $(721)
Aftermarket Segment24,775 20,764 
Total operating profit$57,611 $20,043 
The following table presents the Company's revenue disaggregated by product:
Three Months Ended 
March 31,
(In thousands)20242023
OEM Segment:
Chassis, chassis parts, and slide-out mechanisms$212,139 $198,056 
Windows and doors217,622 218,611 
Furniture and mattresses105,449 140,563 
Axles, ABS, and suspension solutions85,292 75,749 
Other137,809 125,194 
Total OEM Segment net sales758,311 758,173 
Total Aftermarket Segment net sales209,718 215,137 
Total net sales$968,029 $973,310