Company: ASTE
Filing Date: 2025-04-29
Form Type: 10-Q
Source: 0000792987-25-000029
Chunk: 58

Company: ASTEC INDUSTRIES INC
Filing Date: 2025-04-29
Form: 10-Q
Item: Part I, Item 8
Chunk 58
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 9.3 8.2 0.1 8.3 Used equipment sales2.1 0.2 2.3 — — — Freight revenue7.5 1.2 8.7 5.7 1.9 7.6 Other0.8 (1.2)(0.4)0.8 (0.8)— Total domestic revenue221.7 52.1 273.8 185.9 57.3 243.2 Net Sales-International:Equipment sales7.5 23.0 30.5 8.3 30.2 38.5 Parts and component sales6.2 15.1 21.3 7.6 16.4 24.0 Service and equipment installation revenue0.3 2.7 3.0 0.2 2.6 2.8 Freight revenue0.3 0.6 0.9 0.2 0.5 0.7 Other— (0.1)(0.1)— — — Total international revenue14.3 41.3 55.6 16.3 49.7 66.0 Total net sales$236.0 $93.4 $329.4 $202.2 $107.0 $309.2 As of March 31, 2025, the Company had contract assets of $5.8 million and contract liabilities, excluding customer deposits, of $6.5 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 9. 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 Presentation and Significant Accounting Policies. Intersegment sales and transfers