v3.22.1
Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2022
Dec. 31, 2021
Current assets:    
Cash and cash equivalents $ 8,212 $ 36,964
Accounts receivable, net 43,058 71,035
Inventories 143,839 104,019
Inventories - truck chassis floor plan 1,469 2,655
Refundable income taxes paid 1,473 1,222
Prepaid and other current assets 4,830 4,536
Total current assets 202,881 220,431
Property, plant, and equipment, net 65,635 66,787
Goodwill 113,134 113,134
Other intangible assets, net 139,479 142,109
Operating lease - right of use asset 17,264 18,462
Non-qualified benefit plan assets 10,140 10,347
Other long-term assets 1,927 1,206
Total assets 550,460 572,476
Current liabilities:    
Accounts payable 17,218 27,375
Accrued expenses and other current liabilities 27,243 36,126
Floor plan obligations 1,469 2,655
Operating lease liability - current 4,483 4,623
Short term borrowings 12,000  
Current portion of long-term debt 11,137 11,137
Total current liabilities 73,550 81,916
Retiree benefits and deferred compensation 17,248 17,170
Deferred income taxes 30,767 29,789
Long-term debt, less current portion 203,367 206,058
Operating lease liability - noncurrent 14,329 15,408
Other long-term liabilities 4,108 7,525
Stockholders' equity:    
Common Stock, par value $0.01, 200,000,000 shares authorized, 22,976,150 and 22,980,951 shares issued and outstanding at March 31, 2022 and December 31, 2021, respectively 230 230
Additional paid-in capital 162,451 163,552
Retained earnings 41,225 51,881
Accumulated other comprehensive income (loss), net of tax 3,185 (1,053)
Total stockholders' equity 207,091 214,610
Total liabilities and stockholders' equity $ 550,460 $ 572,476

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