XML 18 R4.htm IDEA: XBRL DOCUMENT v3.22.4
Consolidated Statements of Income - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Revenues      
Revenue $ 6,779,413 $ 4,878,908 $ 4,499,717
Lease and rental sales 322,257 247,234 236,223
Total revenue 7,101,668 5,126,142 4,735,940
Cost of products sold      
Lease and rental sales 221,804 188,093 202,412
Total cost of products sold 5,614,511 4,033,844 3,860,473
Gross profit 1,487,159 1,092,298 875,467
Selling, general and administrative 927,836 731,340 665,258
Depreciation and amortization 55,665 53,354 57,456
Gain on sale of assets 2,455 1,432 1,852
Operating income 506,113 309,036 154,605
Other income 22,338 6,417 6,132
Interest income (expense):      
Interest income 639 657 713
Interest expense (19,763) (2,427) (9,727)
Total interest expense, net (19,124) (1,770) (9,014)
Income before taxes 509,327 313,683 151,723
Income tax provision 117,242 72,268 36,836
Net income 392,085 241,415 114,887
Less: Net income attributable to noncontrolling interest 703 0 0
Net income attributable to Rush Enterprises, Inc. $ 391,382 $ 241,415 $ 114,887
Net income attributable to Rush Enterprises, Inc. per share of common stock:      
Basic (in dollars per share) $ 7.06 $ 4.32 $ 2.09
Diluted (in dollars per share) 6.85 4.17 2.04
Dividends declared per common share (in dollars per share) $ 0.80 $ 0.74 $ 0.41
New and Used Commercial Vehicle [Member]      
Revenues      
Revenue $ 4,351,370 $ 3,039,953 $ 2,863,309
Cost of products sold      
Cost of products sold 3,937,091 2,736,502 2,641,487
Parts and Service [Member]      
Revenues      
Revenue 2,372,439 1,793,363 1,600,445
Cost of products sold      
Cost of products sold 1,455,616 1,109,249 1,016,574
Finance and Insurance [Member]      
Revenues      
Revenue 29,741 27,964 21,949
Product and Service, Other [Member]      
Revenues      
Revenue $ 25,863 $ 17,628 $ 14,014