Business Segment Information (Tables)

3 Months Ended

Mar. 31, 2024

Segment Reporting [Abstract]

Schedule of Net Sales by Product Lines and Reportable Segments

Selected financial information relating to the Company’s reportable segments and product lines is as follows (in millions):

	Three Months Ended March 31,
	2024								2023
	External Customers		Inter- segment			Net Sales			External Customers		Inter- segment			Net Sales
Net sales:
Access
Aerial work platforms	$	591.0	$	—		$	591.0		$	602.0	$	—		$	602.0
Telehandlers		373.4		—			373.4			341.4		—			341.4
Other		273.1		—			273.1			249.8		—			249.8
Total Access		1,237.5		—			1,237.5			1,193.2		—			1,193.2
Defense		534.6		2.3			536.9			512.8		0.3			513.1
Vocational
Fire apparatus		327.2		—			327.2			288.4		—			288.4
Refuse collection		147.3		—			147.3			141.9		—			141.9
Other		297.2		0.7			297.9			131.7		0.7			132.4
Total Vocational		771.7		0.7			772.4			562.0		0.7			562.7
Eliminations		—		(3.0	)		(3.0	)		0.1		(1.0	)		(0.9	)
Consolidated	$	2,543.8	$	—		$	2,543.8		$	2,268.1	$	—		$	2,268.1

Schedule of Income (Loss) from Continuing Operations by Product Lines and Reportable Segments

	Three Months Ended March 31,
	2024			2023
Operating income (loss):
Access	$	208.1		$	135.0
Defense		11.3			1.7
Vocational		80.1			28.1
Corporate and intersegment eliminations		(39.8	)		(34.0	)
Consolidated		259.7			130.8
Interest expense, net of interest income		(20.8	)		(7.2	)
Miscellaneous income (expense), net		(2.0	)		5.8
Income before income taxes and losses of unconsolidated affiliates	$	236.9		$	129.4

Schedule of Net Sales by Geographical Areas

The following table presents net sales by geographic region based on product shipment destination (in millions):

	Three Months Ended March 31, 2024
	Access		Defense		Vocational		Eliminations			Total
Net sales:
North America	$	1,031.9	$	460.8	$	754.2	$	(3.0	)	$	2,243.9
Europe, Africa and Middle East		106.0		75.9		10.1		—			192.0
Rest of the World		99.6		0.2		8.1		—			107.9
Consolidated	$	1,237.5	$	536.9	$	772.4	$	(3.0	)	$	2,543.8

	Three Months Ended March 31, 2023
	Access		Defense		Vocational		Eliminations			Total
Net sales:
North America	$	948.6	$	427.6	$	553.4	$	(0.9	)	$	1,928.7
Europe, Africa and Middle East		136.7		85.3		1.7		—			223.7
Rest of the World		107.9		0.2		7.6		—			115.7
Consolidated	$	1,193.2	$	513.1	$	562.7	$	(0.9	)	$	2,268.1