v3.26.1
Note 5 - Inventories
3 Months Ended
Mar. 31, 2026
Notes to Financial Statements  
Inventory Disclosure [Text Block]

5.

Inventories

 ​

Inventories consist of the following: ​

 ​

  

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 

 ​ ​

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.

 ​