Alamo (ALG) 8-K Results of Operations and Financial Condition

Alamo Group Inc.

Historical Segment Information

The following includes a summary of the unaudited financial information by reporting segment by quarter for 2021.

	2021
(in thousands)	First Quarter		Second Quarter		Third Quarter		Fourth Quarter
Net Sales
Vegetation Management	$	183,884	$	214,665	$	209,796	$	204,331
Industrial Equipment	127,305		132,885		128,515		132,842
Consolidated	$	311,189	$	347,550	$	338,311	$	337,173
Income from Operations
Vegetation Management	$	16,750	$	22,664	$	21,375	$	18,128
Industrial Equipment	8,688		10,926		8,668		9,739
Consolidated	$	25,438	$	33,590	$	30,043	$	27,867
Goodwill
Vegetation Management	$	124,204	$	124,901	$	123,973	$	132,963
Industrial Equipment	69,821		70,035		69,599		69,443
Consolidated	$	194,025	$	194,936	$	193,572	$	202,406
Total Identifiable Assets
Vegetation Management	$	788,835	$	799,421	$	795,655	$	789,838
Industrial Equipment	429,848		421,936		422,123		415,904
Consolidated	$	1,218,683	$	1,221,357	$	1,217,778	$	1,205,742