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Revenue and Segment Information (Tables)
9 Months Ended
Sep. 30, 2024
Segment Reporting [Abstract]  
Schedule of Disaggregation of Revenue
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
September 30,
Nine Months Ended
September 30,
(in thousands)2024202320242023
Net Sales
Wholegoods
$307,401 $326,843 $979,099 $1,010,281 
Parts
75,525 78,739 216,605 221,071 
Other
18,375 14,062 47,486 40,757 
Consolidated$401,301 $419,644 $1,243,190 $1,272,109 

Other includes rental sales, extended warranty sales and service sales as they are considered immaterial.

Revenue by Geographical Location
Three Months Ended
September 30,
Nine Months Ended
September 30,
(in thousands)2024202320242023
Net Sales
United States
$292,242 $295,021 $881,231 $898,914 
Canada
32,448 37,720 102,126 102,049 
France
17,894 20,959 67,259 70,324 
United Kingdom
21,355 19,277 65,733 61,266 
Brazil
8,225 13,322 31,749 37,354 
Netherlands7,798 7,720 28,994 26,603 
Australia
5,330 6,332 16,889 21,882 
Germany1,688 3,754 6,864 9,326 
Other
14,321 15,539 42,345 44,391 
Consolidated$401,301 $419,644 $1,243,190 $1,272,109 
Schedule of Unaudited Financial Information by Reporting Segment
The following includes a summary of the unaudited financial information by reporting segment at September 30, 2024:  
Three Months Ended
September 30,
Nine Months Ended
September 30,
(in thousands)2024202320242023
Net Sales
Vegetation Management
$190,115 $246,902 $625,397 $764,683 
Industrial Equipment
211,186 172,742 617,793 507,426 
Consolidated$401,301 $419,644 $1,243,190 $1,272,109 
Income from Operations
Vegetation Management
$12,404 $30,251 $50,089 $102,320 
Industrial Equipment
27,675 19,502 80,278 50,849 
Consolidated$40,079 $49,753 $130,367 $153,169 
(in thousands)
September 30, 2024December 31, 2023
Goodwill
Vegetation Management
$129,009 $128,899 
Industrial Equipment
77,449 77,637 
Consolidated$206,458 $206,536 
Total Identifiable Assets
Vegetation Management
$885,485 $893,582 
Industrial Equipment
595,856 515,804 
Consolidated$1,481,341 $1,409,386