Quarterly report [Sections 13 or 15(d)]

Note 5 - Inventories

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Note 5 - Inventories
3 Months Ended
Mar. 31, 2026
Notes to Financial Statements  
Inventory Disclosure [Text Block]

5.

Inventories

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Inventories consist of the following: ​

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March 31,

   

December 31,

 
   

2026

   

2025

 
                 

Finished goods

  $ 91,627     $ 57,836  

Work-in-process

    19,327       16,175  

Truck chassis inventory

    19,188       18,134  

Raw material and supplies

    55,633       57,511  
    $ 185,775     $ 149,656  

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The inventories in the table above do not include truck chassis inventory financed through a floor plan financing agreement, which are recorded separately on the balance sheet. The Company takes title to truck chassis upon receipt of the inventory through its floor plan agreement and performs upfitting service installations to the truck chassis inventory during the installation period.  The floor plan obligation is then assumed by the dealer customer upon delivery. At March 31, 2026 and December 31, 2025, the Company had $4,239 and $4,184, respectively, of floor plan chassis inventory and $4,239 and $4,184 of related floor plan financing obligation, respectively. Under the floor plan financing agreement, the Company recognizes revenue associated with upfitting and service installations net of the truck chassis in instances where the Company does not purchase the chassis.

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