alg-20200729
FALSE000089707700008970772020-07-292020-07-29

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
 
FORM 8-K
 
 
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
 
 
Date of Report (Date of earliest event reported): July 29, 2020
 
Alamo Group Inc.
(Exact name of registrant as specified in its charter)
 
State of Delaware
0-21220
74-1621248
(State or other jurisdiction of incorporation)(Commission File No.)(IRS Employer Identification No.)
  
1627 E. Walnut, Seguin, Texas
78155
(Address of Registrant’s principal executive offices)(Zip Code)

(830) 379-1480
Registrant's telephone number, including area code:
Securities registered pursuant to Section 12(b) of the Act:
Title of each classTrading symbol(s)Name of each exchange on which registered
Common Stock, par value
$.10 per share
ALGNew York Stock Exchange
 
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
 
 Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) 
 Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) 
 Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) 
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of
the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of
1934 (§240.12b-2 of this chapter).Emerging growth company  

If an emerging growth company, indicate by check mark if the registrant has elected not to use the
extended transition period for complying with any new or revised financial accounting standards provided
pursuant to Section 13(a) of the Exchange Act.  



Item 2.02    Results of Operations and Financial Condition
On July 29, 2020, Alamo Group Inc. issued a press release announcing, among other things, financial results for the quarter ended June 30, 2020.   A copy of the press release is filed as Exhibit 99.1 to this Current Report on Form 8-K. The foregoing description is qualified by reference to such exhibit.
The information furnished in this report, including the exhibit, shall not be deemed to be incorporated by reference into any of Alamo Group filings with the SEC under the Securities Act of 1933, except as shall be expressly set forth by specific reference in any such filing, and shall not be deemed to be "filed" with the SEC under the Securities Exchange Act of 1934.

Item 9.01    Financial Statements and Exhibits
Exhibit 99.1 - Press Release dated July 29, 2020.
Exhibit 104 - Cover Page Interactive Data File - Inline XBRL for the cover page of this Current   Report on Form 8-K




SIGNATURES
 
 
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
 
July 29, 2020
By:  /s/ Edward T. Rizzuti         
  Edward T. Rizzuti,
  General Counsel & Secretary




EXHIBIT INDEX
 
Exhibit No.
Description
 
99.1
104Cover Page Interactive Data File - Inline XBRL for the cover page of this Current Report on Form 8-K


Document




For:Alamo Group Inc.
Contact:Dan E. Malone
Executive Vice President & CFO
830-372-9581
Financial Relations Board
Marilynn Meek
212-827-3773


ALAMO GROUP ANNOUNCES 2020 SECOND QUARTER RESULTS

SEGUIN, Texas, July 29, 2020 -- Alamo Group Inc. (NYSE: ALG) today reported results for the second quarter ended June 30, 2020.

Highlights for the Quarter

Net sales for the second quarter of $268.6 million, down 5.8%
Industrial Division net sales $182.3 million, down 6.2%
Agricultural Division net sales $86.4 million, down 5.0%
Net income for the second quarter of $13.0 million, down 37.2%
Record net sales for the first six months of $583.1 million, up 6.6%
Net income for the first six months of $28.5 million, down 20.6%
EBITDA for the first six months of $68.9 million, up 5.6%(1)
Reduced total debt outstanding during the quarter by $51.5 million
Backlog at $216.6 million, down 5.3% from the second quarter of 2019 and down 6.9% compared to the first quarter of 2020

Summary of Results
Alamo Group's net sales for the second quarter of 2020 were $268.6 million compared to net sales of $285.2 million in the second quarter of 2019, a decrease of 5.8%. Net income for the quarter was $13.0 million, or $1.10 per diluted share, compared to $20.7 million, or $1.75 per diluted share, in the previous year’s second quarter, a decrease of 37.2% in net income.
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ALAMO ANNOUNCES 2020 SECOND QUARTER RESULTS      Page 2








For the first six months of 2020 net sales were a record $583.1 million compared to $547.1 million in the previous year’s first six month period, an increase of 6.6%. Net income for the first half of 2020 was $28.5 million, or $2.41 per diluted share, versus $35.9 million, or $3.05 per diluted share, for the same period in 2019, a decrease of 20.6% in net income.

The results for the second quarter and first six months of 2020 include the effects of the acquisition of Dutch Power, which was completed in March 2019, and the acquisition of Morbark, completed in October 2019. Together these acquisitions contributed $58.0 million to net sales and $2.5 million to net income in the second quarter of 2020 compared to $14.0 million in net sales and $0.9 million in net income in the second quarter of 2019. For the first six months of 2020, these acquisitions contributed $124.5 million to net sales and $6.0 million to net income compared to $17.6 million in net sales and $1.1 million in net income in the first six months of 2019. The above results also include the negative effects of non-cash inventory step up charges of approximately $0.7 million in the second quarter of 2020 and $2.7 million in the first six months of 2020 related to the Morbark acquisition. The acquisition of Dixie Chopper was completed in September 2019, however its contribution to consolidated results was not material.

Alamo Group’s results for the second quarter and first six months of 2020 were affected by issues related to the COVID-19 pandemic which began to materially impact the Company in March of the current year and is ongoing. In late March and throughout most of April, the Company experienced multiple plant closures most notably in France and England and to a lesser extent in the U.S. and Canada. The plants have now reopened and currently all Alamo Group manufacturing facilities are functioning at various levels of operation based on demand. In total, out of a workforce of approximately 4,270 employees at the beginning of 2020, we have 550 workers on some form of a furlough, temporary layoff or other such arrangements as of the end of June. In addition, we have had permanent reductions in work force totaling about 200 positions. We also have about 269 employees involved in various government sponsored work share programs working reduced hours. In addition to the above, we have
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ALAMO ANNOUNCES 2020 SECOND QUARTER RESULTS      Page 3







approximately 225 employees working remotely. All the above numbers change on a regular basis as a result of changing conditions and production needs to meet current market demand. For the most part the Company, supported by its supply chain, is functioning in a somewhat normal, though at a reduced level of operation and is able to meet most demand in a timely fashion.

Results by Division

Net sales for Alamo Group's Industrial Division in the second quarter of 2020 were $182.3 million, compared to $194.3 million in the prior year, a decrease of 6.2%. The Division’s income from operations for the quarter was $13.9 million compared to $21.5 million in the second quarter of 2019, a decrease of 35.5%. For the first six months of 2020, the Industrial Division's net sales were $412.2 million versus $367.8 million in the first six months of 2019, an increase of 12.1%. The Division's income from operations for the first six months of 2020 was $32.2 million versus $38.5 million in the same period of the prior year, a decrease of 16.3%.

The Industrial Division's results included the effects of the acquisitions of Dutch Power and Morbark mentioned previously. These acquisitions contributed $58.0 million to net sales and $3.8 million to income from operations in the second quarter of 2020 compared to $14.0 million in net sales and $1.2 million in income from operations contributed by Dutch Power in the previous year's second quarter. For the first six months of 2020, these acquisitions contributed $124.5 million to the Division's net sales and $8.1 million to income from operations compared to $17.6 million in net sales and $1.5 million in income from operations contributed by Dutch Power in the first six months of 2019. The Industrial Division's results include the negative effects of non-cash inventory step up charges of approximately $0.7 million in the second quarter of 2020 and $2.7 million for the first six months as mentioned above. While the Industrial Division's sales benefited from the acquisition of Dutch Power and Morbark, this was more than offset in the second quarter by reduced sales related to the COVID-19 pandemic and the impact this has had on demand for the Division's products.
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ALAMO ANNOUNCES 2020 SECOND QUARTER RESULTS      Page 4







The Company's Agricultural Division net sales in the second quarter of 2020 were $86.4 million compared to $90.9 million in the prior year's second quarter, a decrease of 5.0%. The Division's income from operations for the quarter was $8.8 million compared to $7.8 million in 2019, an increase of 12.2%. For the first six months of 2020, the Agricultural Division's net sales were $170.9 million versus $179.3 million in the prior year, a decrease of 4.7%. The Division's income from operations for the first six months of 2020 was $14.3 million compared to $13.5 million in the prior year, an increase of 6.2%, as a result of cost control and a favorable product mix. The Agricultural Division's results have been impacted by the repercussions from the COVID-19 pandemic, though to a lesser extent than our Industrial Division. Also, the Division's North American operations have held up better in the short term than its European operations, which experienced more operational and demand issues during the second quarter.

Comments on Results

Ron Robinson, Alamo Group's President and Chief Executive Officer, commented on Alamo's second quarter results as follows: "While our second quarter results were down, given the environment in which we continue to operate, they were in line with our expectations. I am proud of all the dedicated people at our Company who have worked so hard to achieve these results, given the many operational challenges we experienced - temporary plant closures, supply chain issues, stay at home directives, customer constraints and other issues, which all effected our operations during the quarter, but we managed to continue to function throughout this time and generally deliver our products when and as required.

"Fortunately, many of these challenging conditions with functionality for us, our vendors and our customers have eased and currently all of our facilities are now operating, though generally at reduced levels. The same is true for our supply chain. Our customers are also operating at a more effective level than at the beginning of the crisis as communication levels have generally improved. We hope the progress we are seeing does not move in a negative direction as many areas in which we operate are dealing with increased levels of cases related to COVID-19.
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ALAMO ANNOUNCES 2020 SECOND QUARTER RESULTS      Page 5







"While we are glad to see the improved functionality we are concerned about the effects this pandemic is having on our markets and the overall economic environment. We feel the challenging business climate will impact our business for the balance of 2020 and into next year as well. Fortunately, both our Industrial and Agricultural customers are using our equipment on a regular basis, but budget constraints and lower incomes are impacting new order placements. Our bookings are still active and coming in at a consistent pace, but at levels that are below our typical pace. Our Agricultural Division products are holding up at a little better pace since the agricultural industry is functioning reasonably well and seems to have less downside since this sector had already been operating at a reduced level for the last several years. Our Industrial Division equipment, which is highly focused on infrastructure maintenance operations for various governmental entities is seeing more challenging conditions as reduced levels of tax revenue has had a heavier impact on governmental operating budgets. Still, we feel Alamo should continue to hold up a little better than many other industrial equipment manufacturers and rebound more quickly when conditions start to improve as a result of the historic stability of the types of equipment we provide, which are used regularly even during times such as these and need replacing on a steady basis.

"We also believe, while our results will be negatively impacted during this downturn, as evidenced by past economic upheavals, our cash flow should remain strong as demonstrated in our second quarter results. Despite reduced sales and earnings, we paid down over $50 million in debt during the quarter, while maintaining high cash levels of over $80 million. We achieved this through a combination of balance sheet management and expense control as we focused on reducing inventory and receivables in line with sales reductions and cut back on capital spending among other actions. We feel such measures will allow us to maintain our financial stability going forward, even as economic conditions remain soft.

"Alamo is also continuing to benefit from our backlog which is still at a healthy level of $217 million. This came down 6.9% during the second quarter, compared to the first quarter of 2020, but gives us a good base to support our operations as we move into the second half of the year. Certainly, new bookings are the key to our ongoing results and while they are continuing at a steady pace, we would like to see them
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ALAMO ANNOUNCES 2020 SECOND QUARTER RESULTS      Page 6







at a higher level than we are currently experiencing. Until they return to a more historic level, we will continue to take all reasonable actions to manage our business including adjusting our staff levels commensurate with production needs, controlling our expenses, limiting capital expenditures and other actions to maintain our financial stability and ensure Alamo Group can continue to meet our customers' needs for the benefit of our Company, our employees, our vendors and our stakeholders. We thank you for your support during these challenging times."

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ALAMO ANNOUNCES 2020 SECOND QUARTER RESULTS      Page 7







Earnings Conference Call
Alamo Group will host a conference call to discuss the results on Thursday, July 30, 2020 at 3:00 p.m. ET. Hosting the call will be members of senior management.

Individuals wishing to participate in the conference call should dial 800-367-2403 (domestic) or 334-777-6978 (international). For interested individuals unable to join the call, a replay will be available until Tuesday, August 04, 2020 by dialing 888-203-1112 (domestic) or 719-457-0820 (internationally), passcode 2270876.

The live broadcast of Alamo Group Inc.’s quarterly conference call will be available online at the Company's website, www.alamo-group.com (under “Investor Relations/Events & and Presentations”) on Thursday, July 30, 2020, beginning at 3:00 p.m. ET. The online replay will follow shortly after the call ends and will be archived on the Company’s website for 60 days.

About Alamo Group

Alamo Group is a leader in the design, manufacture, distribution and service of high quality equipment for infrastructure maintenance, agriculture and other applications. Our products include truck and tractor mounted mowing and other vegetation maintenance equipment, street sweepers, snow removal equipment, excavators, vacuum trucks, other industrial equipment, agricultural implements, forestry equipment and related after-market parts and services. The Company, founded in 1969, has approximately 4,070 employees and operates 30 plants in North America, Europe, Australia and Brazil as of June 30, 2020. The corporate offices of Alamo Group Inc. are located in Seguin, Texas.

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ALAMO ANNOUNCES 2020 SECOND QUARTER RESULTS      Page 8







Forward Looking Statements
This release contains forward-looking statements that are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements involve known and unknown risks and uncertainties, which may cause the Company’s actual results in future periods to differ materially from forecasted results. Among those factors which could cause actual results to differ materially are the following: overall market demand, continuing impacts from the COVID-19 pandemic including more significant supply chain disruptions, further reductions in customer demand, sales and profitability declines, operational disruptions, full or partial facility closures, and other similar impacts, competition, weather, seasonality, currency-related issues, and other risk factors listed from time to time in the Company’s SEC reports. The Company does not undertake any obligation to update the information contained herein, which speaks only as of this date.

(Tables Follow)
# # #
(1) This is a non-GAAP financial measure or other information relating to our GAAP financial measures that we have provided to investors in order to allow greater transparency and a deeper understanding of our financial condition and operating results.  For a reconciliation of the non-GAAP financial measure or for a more detailed explanation of financial results, refer to “Non-GAAP Financial Measure Reconciliation” below and the Attachments thereto.

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Page 9
Alamo Group Inc. and Subsidiaries
Condensed Consolidated Balance Sheets
(in thousands)
(Unaudited) 
June 30,
2020
June 30,
2019
ASSETS
Current assets:
Cash and cash equivalents$82,002  $48,190  
Accounts receivable, net229,714  267,064  
Inventories248,706  205,910  
Other current assets11,691  14,940  
Total current assets572,113  536,104  
Rental equipment, net48,583  51,517  
Property, plant and equipment156,210  105,467  
Goodwill195,457  93,134  
Intangible assets198,925  62,725  
Other non-current assets18,400  17,632  
Total assets$1,189,688  $866,579  
LIABILITIES AND STOCKHOLDERS’ EQUITY
Current liabilities:
Trade accounts payable$63,417  $67,391  
Income taxes payable2,619  1,926  
Accrued liabilities52,615  47,707  
Current maturities of long-term debt and finance lease obligations15,072  131  
Total current liabilities133,723  117,155  
Long-term debt, net of current maturities423,723  166,232  
Long-term tax liability6,778  6,378  
Deferred pension liability1,464  1,719  
Other long-term liabilities25,361  14,340  
Deferred income taxes21,488  17,923  
Total stockholders’ equity577,151  542,832  
Total liabilities and stockholders’ equity$1,189,688  $866,579  

                                                                       





Page 10
Alamo Group Inc. and Subsidiaries 
Condensed Consolidated Statements of Income
(in thousands, except per share amounts)
(Unaudited)

Three Months EndedSix Months Ended
6/30/20206/30/20196/30/20206/30/2019
Net sales:
  Industrial$182,257  $194,304  $412,232  $367,834  
  Agricultural86,378  90,882  170,851  179,286  
Total net sales268,635  285,186  583,083  547,120  
Cost of sales200,810  212,053  436,318  410,679  
Gross margin67,825  73,133  146,765  136,441  
25.2 %25.6 %25.2 %24.9 %
Selling, general and administration expense41,551  42,670  92,799  82,517  
Amortization expense3,613  1,114  7,449  1,969  
Income from operations22,661  29,349  46,517  51,955  
8.4 %10.3 %8.0 %9.5 %
Interest expense(3,941) (1,935) (9,460) (3,385) 
Interest income306  330  662  503  
Other income (expense)(1,288) (295) 1,053  (684) 
Income before income taxes17,738  27,449  38,772  48,389  
Provision for income taxes4,749  6,782  10,255  12,469  
Net Income$12,989  $20,667  $28,517  $35,920  
Net income per common share:
Basic$1.10  $1.76  $2.42  $3.07  
Diluted$1.10  $1.75  $2.41  $3.05  
Average common shares:
Basic11,778  11,726  11,769  11,712  
Diluted11,842  11,798  11,835  11,787  




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Alamo Group Inc.
Non-GAAP Financial Measures Reconciliation

From time to time, Alamo Group Inc. may disclose certain “non-GAAP financial measures” in the course of its earnings releases, earnings conference calls, financial presentations and otherwise. For these purposes, “GAAP” refers to generally accepted accounting principles in the United States. The Securities and Exchange Commission (SEC) defines a “non-GAAP financial measure” as a numerical measure of historical or future financial performance, financial positions, or cash flows that is subject to adjustments that effectively exclude or include amounts from the most directly comparable measure calculated and presented in accordance with GAAP. Non-GAAP financial measures disclosed by Alamo Group are provided as additional information to investors in order to provide them with greater transparency about, or an alternative method for assessing, our financial condition and operating results. These measures are not in accordance with, or a substitute for, GAAP and may be different from, or inconsistent with, non-GAAP financial measures used by other companies. Whenever we refer to a non-GAAP financial measure, we will also generally present the most directly comparable financial measure calculated and presented in accordance with GAAP, along with a reconciliation of the differences between the non-GAAP financial measure we reference and such comparable GAAP financial measure.

Attachment 1 discloses the impact of the Company's recently completed acquisitions upon Sales, Operating Income and Net Income all of which are non-GAAP financial measures. Attachment 2 discloses Adjusted Operating Income, Acquisition Adjusted Net Income and Acquisition Adjusted Diluted EPS, each adjusted to exclude the impact of the recently completed acquisitions, all of which are non-GAAP financial measures. Attachment 3 discloses a non-GAAP financial presentation related to the impact of currency translation on net sales by division. Attachment 4 shows the net change in our total debt net of cash and earnings before interest, taxes, depreciation and amortization ("EBITDA") and Adjusted EBITDA excluding the impact of the step-up inventory charge at Morbark, all of which are non-GAAP financial measures. The Company considers this information useful to investors to allow better comparability of period-to-period operating performance.



Page 12
Attachment 1

Alamo Group Inc.
Non-GAAP Financial Reconciliation
(in thousands)
(Unaudited)

Impact of Acquisitions
Three Months EndedSix Months Ended
June 30,June 30,
2020201920202019
Net Sales (consolidated) - GAAP$268,635  $285,186  $583,083  $547,120  
(less: net sales attributable to acquisitions)
(57,983) (14,034) (124,514) (17,648) 
Net Sales less acquisitions (consolidated) - non-GAAP$210,652  $271,152  $458,569  $529,472  
Net Sales (Industrial Division) - GAAP$182,257  $194,304  $412,232  $367,834  
(less: net sales attributable to acquisition)(57,983) (14,034) (124,514) (17,648) 
Net Sales less acquisitions (N.A. Industrial Division) - non-GAAP$124,274  $180,270  $287,718  $350,186  
Net Sales (Agricultural Division) - GAAP$86,378  $90,882  $170,851  $179,286  
(less: net sales attributable to acquisitions)—  —  —  —  
Net Sales less acquisitions (N.A. Agricultural Division) - non-GAAP$86,378  $90,882  $170,851  $179,286  
Operating Income (consolidated) - GAAP$22,661  $29,349  $46,517  $51,955  
(less: operating income attributable to acquisitions)
(3,830) (1,200) (8,134) (1,452) 
Operating Income less acquisitions (consolidated) - non-GAAP$18,831  $28,149  $38,383  $50,503  
Net Income (consolidated) - GAAP$12,989  $20,667  $28,517  $35,920  
(less: net income attributable to acquisitions)(2,475) (896) (5,995) (1,078) 
Net Income less acquisitions (consolidated) - non-GAAP$10,514  $19,771  $22,522  $34,842  





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Attachment 2

Alamo Group Inc.
Non-GAAP Financial Reconciliation
(in thousands, except per share numbers)
(Unaudited)


Impact of Acquisitions, Acquisition Expenses, and Tax Reform
Three Months EndedSix Months Ended
June 30,June 30,
2020201920202019
Operating Income - GAAP$22,661  $29,349  $46,517  $51,955  
          (adjust: results from acquisitions)—  —  
                 earnings from acquisitions(7,297) (1,447) (16,522) (1,699) 
                 acquisition inventory step-up charge711  —  2,662  —  
                 amortization expense2,756  247  5,726  247  
Adjusted Operating Income - non-GAAP
$18,831  $28,149  $38,383  $50,503  
Net Income - GAAP$12,989  $20,667  $28,517  $35,920  
(adjust: results from acquisitions)
(2,475) (896) (5,995) (1,078) 
(adjust: interest expense relating to acquisitions)1,998  374  5,110  514  
Acquisition Adjusted Net Income - non-GAAP
$12,512  $20,145  $27,632  $35,356  
Diluted EPS - GAAP$1.10  $1.75  $2.41  $3.05  
(adjust: results from acquisitions)
(0.21) (0.08) (0.51) (0.09) 
       (adjust: interest expense relating to acquisitions)0.17  0.03  0.43  0.04  
              Acquisition Adjusted Diluted EPS - non-GAAP$1.06  $1.70  $2.33  $3.00  





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Attachment 3

Alamo Group Inc.
Non-GAAP Financial Reconciliation
(in thousands)
(Unaudited)



Impact of Currency Translation on Net Sales by Division
Three Months Ended
June 30,
Change due to currency translation
20202019% change from 2019$%
Industrial$182,257  $194,304  (6.2)%$(912) (0.5)%
Agricultural86,378  90,882  (5.0)%(2,322) (2.6)%
Total net sales
$268,635  $285,186  (5.8)%$(3,234) (1.1)%
Six Months Ended
June 30,
Change due to currency translation
20202019% change from 2019$%
Industrial$412,232  $367,834  12.1 %$(1,703) (0.5)%
Agricultural170,851  179,286  (4.7)%(3,691) (2.1)%
Total net sales
$583,083  $547,120  6.6 %$(5,394) (1.0)%










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Attachment 4

Alamo Group Inc.
Non-GAAP Financial Reconciliation
(in thousands)
(Unaudited)


Consolidated Net Change of Total Debt, Net of Cash
June 30, 2020June 30, 2019Net Change
Current maturities$15,072  $131  
Long-term debt,net of current423,723  166,232  
Total debt$438,795  $166,363  
Total cash82,002  48,190  
     Total Debt Net of Cash$356,793  $118,173  $238,620  


EBITDA
Six Months EndedTrailing Twelve Months Ended
June 30, 2020June 30, 2019June 30, 2020December 31, 2019
Income from operations$46,517  $51,955  $89,210  $94,648  
Depreciation14,565  11,191  27,681  24,307  
Amortization 7,783  2,079  11,657  5,953  
     EBITDA$68,865  $65,225  $128,548  $124,908  


Adjusted EBITDA
Six Months EndedTrailing Twelve Months Ended
June 30, 2020June 30, 2019June 30, 2020December 31, 2019
Income from operations$46,517  $51,955  $89,210  $94,648  
   adjust: acquisition inventory step-up charge2,662  —  5,913  3,251  
     Adjusted Income from operations$49,179  $51,955  $95,123  $97,899  
Depreciation14,565  11,191  27,681  24,307  
Amortization 7,783  2,079  11,657  5,953  
     Adjusted EBITDA$71,527  $65,225  $134,461  $128,159  


v3.20.2
Cover
Jul. 29, 2020
Cover [Abstract]  
Document Type 8-K
Document Period End Date Jul. 29, 2020
Entity Registrant Name Alamo Group Inc.
Entity Incorporation, State or Country Code DE
Entity File Number 0-21220
Entity Tax Identification Number 74-1621248
Entity Address, Address Line One 1627 E. Walnut
Entity Address, City or Town Seguin
Entity Address, State or Province TX
Entity Address, Postal Zip Code 78155
City Area Code 830
Local Phone Number 379-1480
Title of 12(b) Security Common Stock, par value$.10 per share
Trading Symbol ALG
Security Exchange Name NYSE
Written Communications false
Soliciting Material false
Pre-commencement Tender Offer false
Pre-commencement Issuer Tender Offer false
Entity Emerging Growth Company false
Amendment Flag false
Entity Central Index Key 0000897077