Revenue Recognition

6 Months Ended

Jun. 30, 2022

Revenue from Contract with Customer [Abstract]

Revenue Recognition

Revenue Recognition

The following tables disaggregate the Company's revenue by major source for the three and six month periods ended June 30, 2022 and 2021 (excluding intercompany sales):

	Three Months Ended June 30, 2022								Three Months Ended June 30, 2021
(in millions)	Infrastructure Solutions		Materials Solutions		Corporate and Other		Total		Infrastructure Solutions		Materials Solutions		Corporate and Other		Total
Net Sales-Domestic:
Equipment sales	$	114.1	$	55.8	$	0.1	$	170.0	$	82.4	$	43.6	$	—	$	126.0
Parts and component sales	43.7		21.1		—		64.8		40.6		21.3		—		61.9
Service and equipment installation revenue	5.9		0.1		—		6.0		3.9		0.1		—		4.0
Used equipment sales	0.3		—		—		0.3		2.8		0.7		—		3.5
Freight revenue	6.2		2.2		—		8.4		4.6		1.8		—		6.4
Other	0.1		(1.2)		—		(1.1)		—		(0.4)		—		(0.4)
Total domestic revenue	170.3		78.0		0.1		248.4		134.3		67.1		—		201.4
Net Sales-International:
Equipment sales	27.0		18.1		0.8		45.9		35.2		21.0		—		56.2
Parts and component sales	11.0		10.1		0.1		21.2		8.7		8.2		—		16.9
Service and equipment installation revenue	0.6		0.5		0.2		1.3		0.8		0.3		—		1.1
Used equipment sales	—		0.1		—		0.1		—		0.4		—		0.4
Freight revenue	0.7		0.4		—		1.1		0.7		0.8		—		1.5
Other	—		0.2		—		0.2		0.1		—		—		0.1
Total international revenue	39.3		29.4		1.1		69.8		45.5		30.7		—		76.2
Total net sales	$	209.6	$	107.4	$	1.2	$	318.2	$	179.8	$	97.8	$	—	$	277.6

	Six Months Ended June 30, 2022								Six Months Ended June 30, 2021
(in millions)	Infrastructure Solutions		Materials Solutions		Corporate and Other		Total		Infrastructure Solutions		Materials Solutions		Corporate and Other		Total
Net Sales-Domestic:
Equipment sales	$	209.3	$	101.4	$	0.1	$	310.8	$	181.6	$	85.4	$	—	$	267.0
Parts and component sales	100.1		41.9		—		142.0		92.5		39.0		—		131.5
Service and equipment installation revenue	12.6		0.3		—		12.9		9.7		0.2		—		9.9
Used equipment sales	2.0		—		—		2.0		5.7		0.7		—		6.4
Freight revenue	12.8		3.8		—		16.6		10.2		3.3		—		13.5
Other	0.2		(1.6)		—		(1.4)		(0.4)		(0.9)		—		(1.3)
Total domestic revenue	337.0		145.8		0.1		482.9		299.3		127.7		—		427.0
Net Sales-International:
Equipment sales	43.6		32.8		0.8		77.2		56.5		33.8		—		90.3
Parts and component sales	23.3		19.8		0.1		43.2		21.8		15.9		—		37.7
Service and equipment installation revenue	1.8		1.2		0.2		3.2		1.8		0.8		—		2.6
Used equipment sales	0.2		0.6		—		0.8		0.1		1.2		—		1.3
Freight revenue	1.2		0.7		—		1.9		1.5		1.1		—		2.6
Other	—		0.2		—		0.2		0.3		0.2		—		0.5
Total international revenue	70.1		55.3		1.1		126.5		82.0		53.0		—		135.0
Total net sales	$	407.1	$	201.1	$	1.2	$	609.4	$	381.3	$	180.7	$	—	$	562.0

Sales into major geographic regions were as follows:

	Three Months Ended June 30,				Six Months Ended June 30,
(in millions)	2022		2021		2022		2021
United States	$	248.4	$	201.4	$	482.9	$	427.0
Canada	22.1		20.2		36.3		37.5
Australia	10.3		12.4		20.5		21.2
Africa	5.9		7.8		15.0		16.1
Europe	7.9		13.9		13.3		24.4
South America	7.4		4.5		12.6		9.0
Brazil	7.0		4.9		10.8		9.1
Asia	3.1		2.4		7.1		3.7
Mexico	4.2		8.0		4.9		10.4
Central America	1.0		0.6		3.6		1.8
Other	0.9		1.5		2.4		1.8
Total foreign	69.8		76.2		126.5		135.0
Total net sales	$	318.2	$	277.6	$	609.4	$	562.0

As of June 30, 2022, the Company had contract assets of $5.3 million and contract liabilities, excluding customer deposits, of $4.7 million, including $3.2 million of deferred revenue related to extended warranties. As of December 31, 2021, the Company

had contract assets of $3.2 million and contract liabilities, excluding customer deposits, of $5.6 million, including $2.7 million of deferred revenue related to extended warranties.