Company: ASTE
Filing Date: 2025-08-06
Form Type: 10-Q
Source: 0000792987-25-000047
Chunk: 18

Company: ASTEC INDUSTRIES INC
Filing Date: 2025-08-06
Form: 10-Q
Item: Part I, Item 1
Chunk 18
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 0.4 15.9 13.4 0.3 13.7 Used equipment sales2.1 0.2 2.3 0.1 — 0.1 Freight revenue13.4 2.7 16.1 11.0 3.6 14.6 Other1.4 (2.7)(1.3)1.3 (2.9)(1.6)Total domestic revenue408.2 127.6 535.8 393.1 122.2 515.3 Net Sales-International:Equipment sales21.5 54.5 76.0 17.9 68.7 86.6 Parts and component sales9.6 30.8 40.4 11.7 33.4 45.1 Service and equipment installation revenue0.7 4.9 5.6 0.4 5.4 5.8 Freight revenue0.5 1.4 1.9 0.5 1.4 1.9 Other0.1 (0.1)— — — — Total international revenue32.4 91.5 123.9 30.5 108.9 139.4 Total net sales$440.6 $219.1 $659.7 $423.6 $231.1 $654.7 As of June 30, 2025, the Company had contract assets of $3.9 million and contract liabilities, excluding customer deposits, of $6.1 million, including $1.1 million of deferred revenue related to extended warranties. As of December 31, 2024, the Company had contract assets of $6.6 million and contract liabilities, excluding customer deposits, of $5.8 million, including $1.3 million of deferred revenue related to extended warranties.

Note 10. Operations by Industry Segment and Geographic Area

The Company has two operating and reportable segments, each of which comprise sites based upon the nature of the products or services produced, the type of customer for the products, the similarity of economic characteristics, the manner in which management reviews results and the nature of the production process, among other considerations. The accounting policies of the reportable segments are the same as those described in Note 1, Basis of