v3.26.1
Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
$ in Thousands
Mar. 31, 2026
Dec. 31, 2025
Current assets:    
Cash, cash equivalents and restricted cash $ 239,654 $ 212,645
Accounts receivable, net 271,399 277,784
Note receivable, affiliate 8,561 11,576
Inventories, net 1,640,077 1,534,471
Prepaid expenses and other 45,396 54,662
Total current assets 2,205,087 2,091,138
Property and equipment, net 1,672,844 1,694,738
Operating lease right-of-use assets, net 119,752 124,130
Goodwill, net 440,777 441,615
Other assets, net 77,595 78,915
Total assets 4,516,055 4,430,536
Current liabilities:    
Floor plan notes payable 919,157 917,955
Current maturities of long-term debt 125 127
Current maturities of finance lease obligations 32,041 34,519
Current maturities of operating lease obligations 19,912 19,285
Trade accounts payable 320,090 230,763
Customer deposits 86,463 112,149
Accrued expenses 134,795 177,292
Total current liabilities 1,512,583 1,492,090
Long-term debt, net of current maturities 277,650 274,798
Finance lease obligations, net of current maturities 84,122 88,149
Operating lease obligations, net of current maturities 102,751 107,698
Other long-term liabilities 35,371 34,225
Deferred income taxes, net 211,959 207,733
Shareholders’ equity:    
Preferred stock, par value $.01 per share; 1,000,000 shares authorized; 0 shares outstanding in 2026 and 2025 0 0
Common stock, par value $.01 per share; 105,000,000 Class A shares and 35,000,000 Class B shares authorized; 60,855,308 Class A shares and 16,715,210 Class B shares outstanding in 2026; and 60,115,093 Class A shares and 16,437,909 Class B shares outstanding in 2025 845 835
Additional paid-in capital 655,196 634,266
Treasury stock, at cost: 4,586,791 Class A shares and 2,352,163 Class B shares in 2026; and 4,586,791 Class A shares and 2,352,163 Class B shares in 2025 (331,150) (331,150)
Retained earnings 1,950,700 1,904,091
Accumulated other comprehensive (loss) (6,812) (4,813)
Total Rush Enterprises, Inc. shareholders’ equity 2,268,779 2,203,229
Noncontrolling interest 22,840 22,614
Total shareholders’ equity 2,291,619 2,225,843
Total liabilities and shareholders’ equity $ 4,516,055 $ 4,430,536
Common Class A [Member]    
Shareholders’ equity:    
Treasury Stock, Common, Shares (in shares) 4,586,791 4,586,791