Annual report pursuant to Section 13 and 15(d)

Note 17 - Segments - Summarized Financial Information of Reportable Segments (Details)

v3.22.4
Note 17 - Segments - Summarized Financial Information of Reportable Segments (Details) - USD ($)
$ in Thousands
 3 Months Ended 12 Months Ended
Dec. 31, 2022
Sep. 30, 2022
Jun. 30, 2022
Mar. 31, 2022
Dec. 31, 2021
Sep. 30, 2021
Jun. 30, 2021
Mar. 31, 2021
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Revenue $ 159,806 $ 166,100 $ 187,561 $ 102,601 $ 152,945 $ 127,636 $ 157,530 $ 103,342 $ 616,068 $ 541,453 $ 480,154
Adjusted EBITDA                 86,780 79,536 74,892
Depreciation and amortization expense                 20,938 20,316 19,737
Assets 596,891       572,476       596,891 572,476 579,202
Capital Expenditures                 12,402 11,881 14,682
Interest expense - net                 (11,253) (11,839) (20,238)
Depreciation expense                 10,418 9,634 8,806
Amortization                 10,520 10,682 10,931
Purchase accounting (1) [1]                 0 0 (2,017)
Stock based compensation                 6,730 5,794 2,830
Impairment charges                 0 1,211 127,872
Debt modification expense                 0 0 3,542
Loss on extinguishment of debt                 0 4,936 0
COVID-19 (2) [2]                 48 82 1,391
Other charges (3) [3]                 450 770 128
Income (Loss) before taxes 13,021 $ 16,175 $ 23,090 $ (4,925) 10,770 $ 8,234 $ 14,919 $ 665 47,361 34,588 (98,829)
Work Truck Attachments [Member]                      
Revenue                 382,296 325,707 252,838
Adjusted EBITDA                 78,211 77,369 62,532
Depreciation and amortization expense                 12,901 11,937 10,824
Assets 397,557       384,566       397,557 384,566 365,210
Capital Expenditures                 9,526 10,434 13,174
Work Truck Solutions [Member]                      
Revenue                 233,772 215,746 227,316
Adjusted EBITDA                 8,569 2,167 12,360
Depreciation and amortization expense                 8,037 8,379 8,913
Assets $ 199,334       $ 187,910       199,334 187,910 213,992
Capital Expenditures                 $ 2,876 $ 1,447 $ 1,508
[1] Reflects $17 in reversal of earnout compensation related to Henderson, and $2,000 in reversal of earnout compensation related to Dejana in the year ended December 31, 2020.
[2] Reflects incremental costs incurred related to the COVID-19 pandemic for the periods presented. Such COVID-19 related costs include increased expenses directly related to the pandemic, and do not include either production related overhead inefficiencies or lost or deferred sales.
[3] Reflects expenses and accrual reversals for one time, unrelated legal, severance, restructuring and consulting fees for the periods presented.