v3.26.3
Business Segments
$ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2026
USD ($)
Sep. 30, 2025
USD ($)
Sep. 30, 2026
USD ($)
segment
Sep. 30, 2025
USD ($)
Dec. 31, 2025
USD ($)
Segment Reporting [Line Items]          
Number of operating segments | segment     4    
Number of reportable segments | segment     4    
Number of reportable segments, lift truck business | segment     3    
Number of operating segments, lift truck business | segment     3    
Revenues $ 827.4 $ 979.1 $ 2,435.5 $ 2,846.1  
Cost of sales 703.3 823.2 2,059.0 2,344.3  
Gross profit (loss) 124.1 155.9 376.5 501.8  
Selling, general and administrative expenses 131.7 152.6 427.2 469.8  
Operating profit (loss) (9.1) 2.3 (55.5) 15.1  
Interest expense 7.2 8.0 22.2 23.6  
Depreciation and amortization 11.4 11.3 33.6 34.1  
Segment Reporting, Long-Lived Asset, Expenditure for Addition (13.8) (14.5) (38.3) (38.9)  
Net income (loss) attributable to stockholders (14.9) (2.3) $ (77.0) (7.6)  
Document Period End Date     Sep. 30, 2026    
Restructuring Charges 1.5 1.0 $ 4.8 16.9  
Assets 1,932.2   1,932.2   $ 2,020.6
Consolidation, Eliminations [Member]          
Segment Reporting [Line Items]          
Revenues (30.4) (37.2) (82.3) (109.7)  
Operating profit (loss) (0.2) 0.2 (0.1) 0.6  
Interest expense (0.2) (0.3) (0.6) (0.9)  
Assets (188.2)   (188.2)   (188.7)
Americas HY          
Segment Reporting [Line Items]          
Revenues 608.6 732.7 1,783.2 2,139.1  
Cost of sales 514.1 614.9 1,503.3 1,748.9  
Gross profit (loss) 94.5 117.8 279.9 390.2  
Selling, general and administrative expenses 80.8 95.7 261.0 297.3  
Operating profit (loss) 12.2 21.1 14.1 75.3  
Interest expense 6.6 7.5 20.8 22.0  
Depreciation and amortization 4.9 4.4 13.7 13.5  
Segment Reporting, Long-Lived Asset, Expenditure for Addition (6.5) (10.3) (22.8) (24.7)  
Restructuring Charges 1.5 1.0 4.8 17.6  
Assets 1,547.4   1,547.4   1,619.7
EMEA HY          
Segment Reporting [Line Items]          
Revenues 122.8 150.1 367.0 416.6  
Cost of sales 114.4 137.8 339.7 376.6  
Gross profit (loss) 8.4 12.3 27.3 40.0  
Selling, general and administrative expenses 25.6 29.2 82.0 88.4  
Operating profit (loss) (17.2) (16.9) (54.7) (46.8)  
Interest expense 0.3 0.2 0.7 0.6  
Depreciation and amortization 2.1 2.3 6.3 6.6  
Segment Reporting, Long-Lived Asset, Expenditure for Addition (2.4) (2.7) (5.6) (7.1)  
Restructuring Charges 0.0 0.0 0.0 (1.6)  
Assets 645.0   645.0   668.7
JAPIC HY          
Segment Reporting [Line Items]          
Revenues 44.1 46.5 120.5 142.2  
Cost of sales 40.5 42.3 111.4 132.5  
Gross profit (loss) 3.6 4.2 9.1 9.7  
Selling, general and administrative expenses 9.3 8.4 27.6 27.9  
Operating profit (loss) (5.7) (4.2) (18.5) (19.1)  
Interest expense 0.4 0.3 0.9 0.9  
Depreciation and amortization 1.7 1.5 5.1 4.8  
Segment Reporting, Long-Lived Asset, Expenditure for Addition (1.5) (0.1) (3.0) (2.4)  
Restructuring Charges 0.0 0.0 0.0 0.9  
Assets 286.9   286.9   263.2
Bolzoni [Member]          
Segment Reporting [Line Items]          
Revenues 82.3 87.0 247.1 257.9  
Cost of sales 64.5 65.6 186.8 196.6  
Gross profit (loss) 17.8 21.4 60.3 61.3  
Selling, general and administrative expenses 16.0 19.3 56.6 56.2  
Operating profit (loss) 1.8 2.1 3.7 5.1  
Interest expense 0.7 0.5 2.0 1.6  
Depreciation and amortization 2.7 3.1 8.5 9.2  
Segment Reporting, Long-Lived Asset, Expenditure for Addition (3.4) (1.4) (6.9) (4.7)  
Restructuring Charges 0.0 0.0      
Assets 321.5   321.5   325.3
Lift truck business [Member]          
Segment Reporting [Line Items]          
Revenues 775.5 929.3 2,270.7 2,697.9  
Cost of sales 669.0 795.0 1,954.4 2,258.0  
Gross profit (loss) 106.5 134.3 316.3 439.9  
Selling, general and administrative expenses 115.7 133.3 370.6 413.6  
Operating profit (loss) (10.7) 0.0 (59.1) 9.4  
Interest expense 6.7 7.8 20.8 22.9  
Depreciation and amortization 8.7 8.2 25.1 24.9  
Segment Reporting, Long-Lived Asset, Expenditure for Addition (10.4) (13.1) (31.4) (34.2)  
Restructuring Charges 1.5 1.0 4.8 16.9  
Assets 1,798.9   1,798.9   1,884.0
Eliminations          
Segment Reporting [Line Items]          
Cost of sales (30.2) (37.4) (82.2) (110.3)  
Gross profit (loss) (0.2) 0.2 (0.1) 0.6  
Interest expense (0.6) (0.2) (1.6) $ (0.6)  
Restructuring Charges 0.0 $ 0.0      
Assets $ (680.4)   $ (680.4)   $ (667.6)