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Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
$ in Thousands
Sep. 30, 2024
Dec. 31, 2023
Current assets:    
Cash, cash equivalents and restricted cash $ 185,073 $ 183,725
Accounts receivable, net 282,553 259,353
Notes receivable from affiliate 6,905  
Inventories, net 1,964,835 1,801,447
Prepaid expenses and other 21,027 15,779
Total current assets 2,460,393 2,260,304
Property and equipment, net 1,568,056 1,488,086
Operating lease right-of-use assets, net 116,085 120,162
Goodwill, net 430,004 420,708
Other assets, net 73,933 74,981
Total assets 4,648,471 4,364,241
Current liabilities:    
Floor plan notes payable 1,285,033 1,139,744
Current maturities of finance lease obligations 38,693 36,119
Current maturities of operating lease obligations 16,855 17,438
Trade accounts payable 173,777 162,134
Customer deposits 87,114 145,326
Accrued expenses 150,560 172,549
Total current liabilities 1,752,032 1,673,310
Long-term debt, net of current maturities 399,674 414,002
Finance lease obligations, net of current maturities 92,061 97,617
Operating lease obligations, net of current maturities 101,464 104,514
Other long-term liabilities 29,712 24,811
Deferred income taxes, net 170,571 159,571
Shareholders’ equity:    
Preferred stock, par value $.01 per share; 1,000,000 shares authorized; 0 shares outstanding in 2024 and 2023 0 0
Common stock, par value $.01 per share; 105,000,000 Class A shares and 35,000,000 Class B shares authorized; 62,307,564 Class A shares and 16,695,873 Class B shares outstanding in 2024; and 61,461,281 Class A shares and 16,364,158 Class B shares outstanding in 2023 820 806
Additional paid-in capital 577,665 542,046
Treasury stock, at cost: 1,299,589 Class A shares and 1,750,566 Class B shares in 2024; and 1,092,142 Class A shares and 1,731,157 Class B shares in 2023 (129,644) (119,835)
Retained earnings 1,638,257 1,450,025
Accumulated other comprehensive income (loss) (3,969) (2,163)
Total Rush Enterprises, Inc. shareholders’ equity 2,083,129 1,870,879
Noncontrolling interest 19,828 19,537
Total shareholders’ equity 2,102,957 1,890,416
Total liabilities and shareholders’ equity $ 4,648,471 $ 4,364,241
Common Class A [Member]    
Shareholders’ equity:    
Treasury Stock, Common, Shares (in shares)   1,092,142