v3.23.3
Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Sep. 30, 2023
Dec. 31, 2022
Current assets:    
Cash and cash equivalents $ 11,088 $ 20,670
Accounts receivable, net 165,302 86,765
Inventories 147,246 136,501
Inventories - truck chassis floor plan 4,459 1,211
Prepaid and other current assets 9,034 7,774
Total current assets 337,129 252,921
Property, plant, and equipment, net 67,306 68,660
Goodwill 113,134 113,134
Other intangible assets, net 123,699 131,589
Operating lease right-of-use assets 17,145 17,432
Non-qualified benefit plan assets 9,148 8,874
Other long-term assets 4,384 4,281
Total assets 671,945 596,891
Current liabilities:    
Accounts payable 41,596 49,252
Accrued expenses and other current liabilities 29,009 30,484
Floor plan obligations 4,459 1,211
Operating lease liability - current 5,149 4,862
Income taxes payable 3,980 3,485
Short term borrowings 101,000 0
Current portion of long-term debt 2,544 11,137
Total current liabilities 187,737 100,431
Retiree benefits and deferred compensation 14,462 14,650
Deferred income taxes 27,660 29,837
Long-term debt, less current portion 185,562 195,299
Operating lease liability - noncurrent 13,261 14,025
Other long-term liabilities 6,331 5,547
Stockholders’ equity:    
Common Stock, par value $0.01, 200,000,000 shares authorized, 22,983,965 and 22,886,793 shares issued and outstanding at September 30, 2023 and December 31, 2022, respectively 230 229
Additional paid-in capital 168,516 164,281
Retained earnings 59,421 63,464
Accumulated other comprehensive income, net of tax 8,765 9,128
Total stockholders’ equity 236,932 237,102
Total liabilities and stockholders’ equity $ 671,945 $ 596,891

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