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Revenue and Segment Reporting (Tables)
12 Months Ended
Dec. 31, 2021
Segment Reporting [Abstract]  
Disaggregation of Revenue Management has determined that this level of disaggregation would be beneficial to users of the financial statements.
Revenue by Product Type
December 31,
(in thousands)202120202019
Net Sales
Wholegoods$1,024,158 $885,254 $875,805 
Parts262,432 247,126 207,766 
Other47,633 31,086 35,567 
Consolidated$1,334,223 $1,163,466 $1,119,138 
Schedule of Segment Reporting Information, by Segment The following table presents the revenue and income from operations by reporting segment for the years ended December 31, 2021, 2020, and 2019:
 
 December 31,
(in thousands)202120202019
Net Revenue   
Vegetation Management$812,676 $654,630 $502,194 
Industrial Equipment521,547 508,836 616,944 
Consolidated$1,334,223 $1,163,466 $1,119,138 
Income from Operations   
Vegetation Management$78,917 $46,651 $34,035 
Industrial Equipment38,021 48,134 60,877 
Consolidated$116,938 $94,785 $94,912 
The following table presents the goodwill and total identifiable assets by reporting segment for the years ended December 31, 2021 and 2020:
 
December 31,
(in thousands)20212020
Goodwill
Vegetation Management$132,963 $124,981 
Industrial Equipment69,443 70,151 
Consolidated$202,406 $195,132 
Identifiable Assets
Vegetation Management$789,838 $707,398 
Industrial Equipment415,904 414,461 
Consolidated$1,205,742 $1,121,859