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Consolidated Statements of Income (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2024
Sep. 30, 2023
Sep. 30, 2024
Sep. 30, 2023
Revenues        
Revenue $ 1,807,004 $ 1,891,274 $ 5,530,464 $ 5,630,878
Lease and rental sales 89,129 89,466 264,696 264,681
Total revenue 1,896,133 1,980,740 5,795,160 5,895,559
Cost of products sold        
Lease and rental sales 63,607 62,106 190,064 184,098
Total cost of products sold 1,517,092 1,586,335 4,633,855 4,688,537
Gross profit 379,041 394,405 1,161,305 1,207,022
Selling, general and administrative expense 239,741 257,132 754,774 770,631
Depreciation and amortization expense 19,134 15,872 51,376 44,731
Gain on disposition of assets 588 220 690 596
Operating income 120,754 121,621 355,845 392,256
Other income (expense) 149 133 370 2,384
Interest expense, net 17,664 14,194 55,101 37,415
Income before taxes 103,239 107,560 301,114 357,225
Income tax provision 23,819 26,926 71,422 87,277
Net income 79,420 80,634 229,692 269,948
Less: Net income attributable to noncontrolling interest 288 356 291 940
Net income attributable to Rush Enterprises, Inc. $ 79,132 $ 80,278 $ 229,401 $ 269,008
Net income attributable to Rush Enterprises, Inc. per share of common stock:        
Basic (in dollars per share) $ 1 $ 0.99 $ 2.91 $ 3.3
Diluted (in dollars per share) $ 0.97 $ 0.96 $ 2.81 $ 3.19
Basic (in shares) 79,216 81,229 78,878 81,629
Diluted (in shares) 81,884 83,987 81,607 84,251
Dividends declared per common share (in dollars per share) $ 0.18 $ 0.17 $ 0.52 $ 0.45
New and Used Commercial Vehicle [Member]        
Revenues        
Revenue $ 1,163,255 $ 1,235,767 $ 3,586,882 $ 3,648,286
Cost of products sold        
Costs of products sold 1,053,512 1,113,294 3,239,431 3,287,998
Parts and Service [Member]        
Revenues        
Revenue 633,045 643,623 1,909,672 1,942,979
Cost of products sold        
Costs of products sold 399,973 410,935 1,204,360 1,216,441
Finance and Insurance [Member]        
Revenues        
Revenue 5,780 6,317 17,111 19,077
Product and Service, Other [Member]        
Revenues        
Revenue $ 4,924 $ 5,567 $ 16,799 $ 20,536