Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Balance Sheets

v3.21.2
Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2021
Dec. 31, 2020
Current assets:    
Cash and cash equivalents $ 15,175 $ 41,030
Accounts receivable, net 92,127 83,195
Inventories 93,947 79,482
Inventories - truck chassis floor plan 6,999 8,146
Refundable income taxes paid 313  
Prepaid and other current assets 4,520 5,334
Total current assets 213,081 217,187
Property, plant, and equipment, net 64,332 64,320
Goodwill 113,134 113,134
Other intangible assets, net 147,382 152,791
Operating lease - right of use aset 19,759 21,441
Non-qualified benefit plan assets 9,937 9,041
Other long-term assets 1,298 1,288
Total assets 568,923 579,202
Current liabilities:    
Accounts payable 19,385 16,284
Accrued expenses and other current liabilities 33,323 30,831
Floor plan obligations 7,049 7,885
Operating lease liability - current 4,588 4,326
Income taxes payable   5,214
Current portion of long-term debt 11,137 1,666
Total current liabilities 75,482 66,206
Retiree benefits and deferred compensation 17,256 15,804
Deferred income taxes 27,158 26,681
Long-term debt, less current portion 211,436 236,676
Operating lease liability - noncurrent 15,516 17,434
Other long-term liabilities 12,836 16,197
Stockholders' equity:    
Common Stock, par value $0.01, 200,000,000 shares authorized, 22,980,951 and 22,857,457 shares issued and outstanding at June 30, 2021 and December 31, 2020, respectively 230 229
Additional paid-in capital 163,777 157,758
Retained earnings 49,303 47,712
Accumulated other comprehensive loss, net of tax (4,071) (5,495)
Total stockholders' equity 209,239 200,204
Total liabilities and stockholders' equity $ 568,923 $ 579,202