v3.26.3
Note 5 - Inventories
9 Months Ended
Sep. 30, 2026
Notes to Financial Statements  
Inventory Disclosure [Text Block]

5.

Inventories

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Inventories consist of the following: ​

 ​

 

 

September 30,

 

 

December 31,

 

 

 

2026

 

 

2025

 

 

 

 

 

 

 

 

 

 

Finished goods

 

$77,063

 

 

$57,836

 

Work-in-process

 

 

16,405

 

 

 

16,175

 

Truck chassis inventory

 

 

14,523

 

 

 

18,134

 

Raw material and supplies

 

 

59,935

 

 

 

57,511

 

 

 

$167,926

 

 

$149,656

 

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The inventories in the table above do not include truck chassis inventory financed through floor plan financing agreements, which are recorded separately on the balance sheet. The Company takes title to truck chassis upon receipt of the inventory through its floor plan agreements 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  September 30, 2026 and  December 31, 2025, the Company had $5,001 and $4,184, respectively, of floor plan chassis inventory and $5,001 and $4,184 of related floor plan financing obligation, respectively. Under the floor plan financing agreements, 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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