| Segment Reporting [Table Text Block] |
| |
|
Three Months Ended |
|
|
Three Months Ended |
|
| |
|
March 31, |
|
|
March 31, |
|
| |
|
2026 |
|
|
2025 |
|
| Net sales |
|
|
|
|
|
|
|
|
| Work Truck Attachments |
|
$ |
60,911 |
|
|
$ |
36,457 |
|
| Work Truck Solutions |
|
|
76,886 |
|
|
|
78,610 |
|
| |
|
$ |
137,797 |
|
|
$ |
115,067 |
|
| Selling, general and administrative expense |
|
|
|
|
|
|
|
|
| Work Truck Attachments |
|
$ |
14,462 |
|
|
$ |
12,430 |
|
| Work Truck Solutions |
|
|
11,879 |
|
|
|
10,957 |
|
| |
|
$ |
26,341 |
|
|
$ |
23,387 |
|
| Other segment items (1) |
|
|
|
|
|
|
|
|
| Work Truck Attachments |
|
$ |
38,786 |
|
|
$ |
23,700 |
|
| Work Truck Solutions |
|
|
55,859 |
|
|
|
58,549 |
|
| |
|
$ |
94,645 |
|
|
$ |
82,249 |
|
| Adjusted EBITDA |
|
|
|
|
|
|
|
|
| Work Truck Attachments |
|
$ |
7,663 |
|
|
$ |
327 |
|
| Work Truck Solutions |
|
|
9,148 |
|
|
|
9,104 |
|
| |
|
$ |
16,811 |
|
|
$ |
9,431 |
|
| Depreciation and amortization expense |
|
|
|
|
|
|
|
|
| Work Truck Attachments |
|
$ |
1,897 |
|
|
$ |
1,950 |
|
| Work Truck Solutions |
|
|
1,959 |
|
|
|
1,873 |
|
| |
|
$ |
3,856 |
|
|
$ |
3,823 |
|
| Assets |
|
|
|
|
|
|
|
|
| Work Truck Attachments |
|
$ |
388,531 |
|
|
$ |
364,562 |
|
| Work Truck Solutions |
|
|
241,760 |
|
|
|
256,478 |
|
| |
|
$ |
630,291 |
|
|
$ |
621,040 |
|
| Capital Expenditures |
|
|
|
|
|
|
|
|
| Work Truck Attachments |
|
$ |
2,235 |
|
|
$ |
1,095 |
|
| Work Truck Solutions |
|
|
1,230 |
|
|
|
658 |
|
| |
|
$ |
3,465 |
|
|
$ |
1,753 |
|
| Adjusted EBITDA |
|
|
|
|
|
|
|
|
| Work Truck Attachments |
|
$ |
7,663 |
|
|
$ |
327 |
|
| Work Truck Solutions |
|
|
9,148 |
|
|
|
9,104 |
|
| Total Adjusted EBITDA |
|
$ |
16,811 |
|
|
$ |
9,431 |
|
| Less items to reconcile Adjusted EBITDA to income before taxes: |
|
|
|
|
|
|
|
|
| Interest expense - net |
|
|
2,062 |
|
|
|
2,384 |
|
| Depreciation expense |
|
|
2,339 |
|
|
|
2,273 |
|
| Amortization |
|
|
1,517 |
|
|
|
1,550 |
|
| Stock based compensation |
|
|
2,537 |
|
|
|
2,150 |
|
| Debt modification expense |
|
|
- |
|
|
|
176 |
|
| Loss on extinguishment of debt |
|
|
- |
|
|
|
156 |
|
| Other charges (2) |
|
|
461 |
|
|
|
252 |
|
| Income before taxes |
|
$ |
7,895 |
|
|
$ |
490 |
|
|