Quarterly report pursuant to Section 13 or 15(d)

Note 15 - Segments - Summarized Financial Information of Reportable Segments (Details)

v3.24.3
Note 15 - Segments - Summarized Financial Information of Reportable Segments (Details) - USD ($)
$ in Thousands
 3 Months Ended 9 Months Ended
Sep. 30, 2024
Sep. 30, 2023
Sep. 30, 2024
Sep. 30, 2023
Dec. 31, 2023
Revenue $ 129,398 $ 144,121 $ 424,955 $ 433,933  
Adjusted EBITDA 15,331 17,313 60,560 53,200  
Depreciation and amortization expense 4,277 5,381      
Assets 665,587 671,945 665,587 671,945 $ 593,418
Capital Expenditures 1,086 2,655 3,531 6,892  
Interest expense - net (4,469) (4,607) (12,116) (11,207)  
Depreciation expense 2,647 2,751 8,139 8,290  
Amortization 1,630 2,630 5,890 7,890  
Sale leaseback transaction fees 5,257 0 5,257 0  
Stock based compensation 794 0 3,627 4,236  
Restructuring and severance costs 417 0 1,819 0  
Asset Impairment Charges [1] 0 0 1,224 0  
Gain on sale leaseback transaction (42,298) 0 (42,298) 0  
Other charges [2] 675 396 862 538  
Income before taxes 41,740 6,929 63,924 21,039  
Work Truck Attachments [Member]          
Revenue 60,249 75,879 202,226 236,346  
Adjusted EBITDA 8,139 12,328 39,463 44,393  
Depreciation and amortization expense 2,235 3,298 7,945 10,039  
Assets 437,402 459,138 437,402 459,138  
Capital Expenditures 738 1,320 1,872 4,185  
Work Truck Solutions [Member]          
Revenue 69,149 68,242 222,729 197,587  
Adjusted EBITDA 7,192 4,985 21,097 8,807  
Depreciation and amortization expense 2,042 2,083 6,084 6,141  
Assets 228,185 212,807 228,185 212,807  
Capital Expenditures $ 348 $ 1,335 $ 1,659 $ 2,707  
[1] Reflects impairment charges taken on certain internally developed software in the nine months ended September 30, 2024.
[2] Reflects unrelated legal, severance, restructuring, and consulting fees, and a write down of property, plant and equipment for the periods presented.