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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2023
Dec. 31, 2022
Current assets:    
Cash, cash equivalents and restricted cash $ 183,725 $ 201,044
Accounts receivable, net 259,353 220,651
Inventories, net 1,801,447 1,429,429
Prepaid expenses and other 15,779 16,619
Total current assets 2,260,304 1,867,743
Property and equipment, net 1,488,086 1,368,594
Operating lease right-of-use assets, net 120,162 102,685
Goodwill, net 420,708 416,363
Other assets, net 74,981 65,681
Total assets 4,364,241 3,821,066
Current liabilities:    
Floor plan notes payable 1,139,744 933,203
Current maturities of finance lease obligations 36,119 29,209
Current maturities of operating lease obligations 17,438 15,003
Trade accounts payable 162,134 171,717
Customer deposits 145,326 116,240
Accrued expenses 172,549 163,302
Total current liabilities 1,673,310 1,428,674
Long-term debt 414,002 275,433
Finance lease obligations, net of current maturities 97,617 93,483
Operating lease obligations, net of current maturities 104,514 89,029
Other long-term liabilities 24,811 19,455
Deferred income taxes, net 159,571 151,970
Shareholders’ equity:    
Preferred stock, par value $.01 per share; 1,000,000 shares authorized; 0 shares outstanding in 2023 and 2022 0 0
Common stock, par value $.01 per share; 105,000,000 Class A shares and 35,000,000 Class B shares authorized; 61,461,281 Class A shares and 16,364,158 Class B shares outstanding in 2023; and 63,518,042 Class A shares and 18,124,627 Class B shares outstanding in 2022 806 572
Additional paid-in capital 542,046 500,642
Treasury stock, at cost: 1,092,142 Class A shares and 1,731,157 Class B shares in 2023; and 1,626,777 Class A shares and 1,112,446 Class B shares in 2022 (119,835) (130,930)
Retained earnings 1,450,025 1,378,337
Accumulated other comprehensive (loss) (2,163) (4,130)
Total Rush Enterprises, Inc. shareholders’ equity 1,870,879 1,744,491
Noncontrolling interest 19,537 18,531
Total shareholders’ equity 1,890,416 1,763,022
Total liabilities and shareholders’ equity $ 4,364,241 $ 3,821,066
Common Class A [Member]    
Shareholders’ equity:    
Treasury Stock, Common, Shares (in shares) 1,092,142 1,626,777