Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Balance Sheets (Current Period Unaudited)

v3.22.2.2
Condensed Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
$ in Thousands
Sep. 30, 2022
Dec. 31, 2021
Current assets:    
Cash and cash equivalents $ 2,843 $ 36,964
Accounts receivable, net 165,266 71,035
Inventories 133,799 104,019
Inventories - truck chassis floor plan 564 2,655
Refundable income taxes paid 0 1,222
Prepaid and other current assets 7,491 4,536
Total current assets 309,963 220,431
Property, plant, and equipment, net 66,938 66,787
Goodwill 113,134 113,134
Other intangible assets, net 134,219 142,109
Operating lease right-of-use assets 16,980 18,462
Non-qualified benefit plan assets 8,340 10,347
Other long-term assets 5,213 1,206
Total assets 654,787 572,476
Current liabilities:    
Accounts payable 26,104 27,375
Accrued expenses and other current liabilities 33,660 36,126
Floor plan obligations 564 2,655
Operating lease liability - current 4,748 4,623
Income taxes payable 1,579 0
Short term borrowings 84,000 0
Current portion of long-term debt 11,137 11,137
Total current liabilities 161,792 81,916
Retiree benefits and deferred compensation 15,099 17,170
Deferred income taxes 30,679 29,789
Long-term debt, net 197,988 206,058
Operating lease liabilities 13,726 15,408
Other long-term liabilities 5,065 7,525
Stockholders’ equity:    
Common Stock, par value $0.01, 200,000,000 shares authorized, 22,886,793 and 22,980,951 shares issued and outstanding at September 30, 2022 and December 31, 2021, respectively 229 230
Additional paid-in capital 163,115 163,552
Retained earnings 58,705 51,881
Accumulated other comprehensive income (loss), net of tax 8,389 (1,053)
Total stockholders’ equity 230,438 214,610
Total liabilities and stockholders’ equity $ 654,787 $ 572,476