Revenue and Segment Information

6 Months Ended

Jun. 30, 2019

Segment Reporting [Abstract]

Revenue and Segment Information

Revenue and Segment Information

Revenues from Contracts with Customers

Disaggregation of revenue is presented in the tables below by product type and by geographical location. Management has determined that this level of disaggregation would be beneficial to users of the financial statements.

Revenue by Product Type
	Three Months Ended June 30,				Six Months Ended June 30,
(in thousands)	2019		2018		2019		2018
Net Sales
Wholegoods	$	229,069	$	209,359	$	437,103	$	399,724
Parts	49,617		43,247		97,871		87,242
Other	6,500		4,519		12,146		8,246
Consolidated	$	285,186	$	257,125	$	547,120	$	495,212

Other includes rental sales, extended warranty sales and service sales as it is considered immaterial.

Revenue by Geographical Location
	Three Months Ended June 30,				Six Months Ended June 30,
(in thousands)	2019		2018		2019		2018
Net Sales
United States	$	188,652	$	183,291	$	373,965	$	348,468
France	27,619		24,346		53,554		49,273
Canada	17,361		15,418		31,305		29,652
United Kingdom	14,082		12,419		27,880		25,862
Brazil	5,702		4,858		9,975		10,318
Netherlands	10,132		1,877		12,806		3,166
China	6,999		129		8,211		383
Germany	2,452		493		3,341		896
Australia	1,827		3,145		4,323		5,527
Other	10,360		11,149		21,760		21,667
Consolidated	$	285,186	$	257,125	$	547,120	$	495,212

Net sales are attributed to countries based on the location of the customer.

Segment Information

The following includes a summary of the unaudited financial information by reporting segment at June 30, 2019:  

	Three Months Ended June 30,				Six Months Ended June 30,
(in thousands)	2019		2018		2019		2018
Net Sales
Industrial	$	168,000	$	150,031	$	326,425	$	282,198
Agricultural	55,159		59,071		108,332		117,718
European	62,027		48,023		112,363		95,296
Consolidated	$	285,186	$	257,125	$	547,120	$	495,212
Income from Operations
Industrial	$	20,172	$	16,165	$	36,644	$	27,965
Agricultural	4,234		6,186		6,406		11,439
European	4,943		4,435		8,905		8,743
Consolidated	$	29,349	$	26,786	$	51,955	$	48,147

(in thousands)	June 30, 2019		December 31, 2018
Goodwill
Industrial	$	61,433	$	61,107
Agricultural	6,276		6,230
European	25,425		15,906
Consolidated	$	93,134	$	83,243
Total Identifiable Assets
Industrial	$	465,860	$	421,539
Agricultural	177,673		162,548
European	223,046		137,546
Consolidated	$	866,579	$	721,633