Revenue and Segment Information (Tables)

9 Months Ended

Sep. 30, 2025

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)	2025		2024		2025		2024
Net Sales
Wholegoods	$	331,615	$	307,401	$	983,850	$	979,099
Parts	75,677		75,525		200,097		216,605
Other	12,750		18,375		46,118		47,486
Consolidated	$	420,042	$	401,301	$	1,230,065	$	1,243,190

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)	2025		2024		2025		2024
Net Sales
United States	$	298,482	$	292,242	$	881,302	$	881,231
Canada	41,055		32,448		112,977		102,126
France	20,028		17,894		63,990		67,259
United Kingdom	22,858		21,355		65,559		65,733
Brazil	8,060		8,225		27,952		31,749
Netherlands	5,096		7,798		16,058		28,994
Australia	4,169		5,330		13,120		16,889
Germany	2,275		1,688		5,777		6,864
Other	18,019		14,321		43,330		42,345
Consolidated	$	420,042	$	401,301	$	1,230,065	$	1,243,190

Schedule of Unaudited Financial Information by Reporting Segment

The following includes a summary of the unaudited financial information by reporting segment at September 30, 2025:  

	Three Months Ended September 30, 2025
	Vegetation		Industrial
(in thousands)	Management		Equipment		Consolidated
Net Sales	$	173,059	$	246,983	$	420,042
Less:
Cost of Sales	(134,584)		(183,775)		(318,359)
Operating Expenses	(30,997)		(33,144)		(64,141)
Income from Operations	7,478		30,064		37,542
Interest Income					1,522
Other Income (Expense)					(210)
Interest Expense					(3,897)
Income Before Taxes					34,957
Taxes					9,574
Net Income					$	25,383

	Three Months Ended September 30, 2024
	Vegetation		Industrial
(in thousands)	Management		Equipment		Consolidated
Net Sales	$	190,115	$	211,186	$	401,301
Less:
Cost of Sales	(143,578)		(156,836)		(300,414)
Operating Expenses	(34,133)		(26,675)		(60,808)
Income from Operations	12,404		27,675		40,079
Interest Income					562
Other Income (Expense)					(32)
Interest Expense					(4,886)
Income Before Taxes					35,723
Taxes					8,318
Net Income					$	27,405

	Nine Months Ended September 30, 2025
	Vegetation		Industrial
(in thousands)	Management		Equipment		Consolidated
Net Sales	$	515,307	$	714,758	$	1,230,065
Less:
Cost of Sales	(390,290)		(526,959)		(917,249)
Operating Expenses	(91,476)		(92,258)		(183,734)
Income from Operations	33,541		95,541		129,082
Interest Income					3,955
Other Income (Expense)					(4,056)
Interest Expense					(10,775)
Income Before Taxes					118,206
Taxes					29,917
Net Income					$	88,289

	Nine Months Ended September 30, 2024
	Vegetation		Industrial
(in thousands)	Management		Equipment		Consolidated
Net Sales	$	625,397	$	617,793	$	1,243,190
Less:
Cost of Sales	(466,044)		(456,446)		(922,490)
Operating Expenses	(109,264)		(81,069)		(190,333)
Income from Operations	50,089		80,278		130,367
Interest Income					1,877
Other Income (Expense)					1
Interest Expense					(17,075)
Income Before Taxes					115,170
Taxes					27,321
Net Income					$	87,849

Schedule of Goodwill and Total Identifiable Assets by Reporting Segment

(in thousands)	September 30, 2025		December 31, 2024
Goodwill
Vegetation Management	$	129,710	$	126,729
Industrial Equipment	84,719		76,298
Consolidated	$	214,429	$	203,027
Total Identifiable Assets
Vegetation Management	$	920,007	$	852,007
Industrial Equipment	674,972		598,272
Consolidated	$	1,594,979	$	1,450,279