v3.25.1
SEGMENT INFORMATION - Segment Reporting Information, by Segment (Details) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2025
Mar. 31, 2024
Segment Reporting Information [Line Items]    
Revenue from Contract with Customer, Excluding Assessed Tax $ 490,708 $ 482,209
Cost of sales 422,064 404,839
Gross profit 68,644 77,370
Selling, general and administrative expenses 49,855 39,420
Total acquisition-related costs 0 6,196
Research and development expenses 4,544 3,654
Royalty expense 2,446 3,028
Income from operations 11,799 25,072
Interest expense (9,535) (8,367)
Interest income 2,239 2,875
Foreign exchange loss (1,385) (275)
Other income 1,134 405
Operating Segments    
Segment Reporting Information [Line Items]    
Revenue from Contract with Customer, Excluding Assessed Tax 490,708 482,209
Cost of sales 422,064 404,839
Gross profit 68,644 77,370
Selling, general and administrative expenses 49,855 39,420
Total acquisition-related costs   6,196
Research and development expenses 4,544 3,654
Royalty expense 2,446 3,028
Income from operations 11,799 25,072
Interest expense (9,535) (8,367)
Interest income 2,239 2,875
Foreign exchange loss (1,385) (275)
Other income 1,134 405
(Loss) income before income taxes 4,252 19,710
Operating Segments | Agriculture    
Segment Reporting Information [Line Items]    
Revenue from Contract with Customer, Excluding Assessed Tax 197,746 239,673
Cost of sales 173,259 199,054
Gross profit 24,487 40,619
Selling, general and administrative expenses 12,074 13,394
Total acquisition-related costs   0
Research and development expenses 1,354 1,230
Royalty expense 1,617 1,985
Income from operations 9,442 24,010
Operating Segments | Earthmoving/Construction    
Segment Reporting Information [Line Items]    
Revenue from Contract with Customer, Excluding Assessed Tax 143,290 165,208
Cost of sales 128,397 142,231
Gross profit 14,893 22,977
Selling, general and administrative expenses 11,021 11,956
Total acquisition-related costs   0
Research and development expenses 1,849 1,666
Royalty expense 347 521
Income from operations 1,676 8,834
Operating Segments | Consumer    
Segment Reporting Information [Line Items]    
Revenue from Contract with Customer, Excluding Assessed Tax 149,672 77,328
Cost of sales 120,408 63,554
Gross profit 29,264 13,774
Selling, general and administrative expenses 19,087 7,803
Total acquisition-related costs   0
Research and development expenses 888 336
Royalty expense 482 522
Income from operations 8,807 5,113
Operating Segments | Corporate & Unallocated    
Segment Reporting Information [Line Items]    
Revenue from Contract with Customer, Excluding Assessed Tax 0 0
Cost of sales 0 0
Gross profit 0 0
Selling, general and administrative expenses 7,673 6,267
Total acquisition-related costs   6,196
Research and development expenses 453 422
Royalty expense 0 0
Income from operations (8,126) (12,885)
Interest expense (9,535) (8,367)
Interest income 2,239 2,875
Foreign exchange loss (1,385) (275)
Other income 1,134 405
(Loss) income before income taxes $ (15,673) $ (18,247)