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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2024
Dec. 31, 2023
Current assets:    
Cash, cash equivalents and restricted cash $ 228,131 $ 183,725
Accounts receivable, net 345,346 259,353
Notes receivable from affiliate 9,536  
Inventories, net 1,787,744 1,801,447
Prepaid expenses and other 18,958 15,779
Total current assets 2,389,715 2,260,304
Property and equipment, net 1,615,635 1,488,086
Operating lease right-of-use assets, net 111,408 120,162
Goodwill, net 427,493 420,708
Other assets, net 73,296 74,981
Total assets 4,617,547 4,364,241
Current liabilities:    
Floor plan notes payable 1,081,199 1,139,744
Current maturities of finance lease obligations 38,476 36,119
Current maturities of operating lease obligations 15,866 17,438
Trade accounts payable 244,018 162,134
Customer deposits 109,751 145,326
Accrued expenses 160,809 172,549
Total current liabilities 1,650,119 1,673,310
Long-term debt 408,440 414,002
Finance lease obligations, net of current maturities 92,235 97,617
Operating lease obligations, net of current maturities 97,874 104,514
Other long-term liabilities 28,060 24,811
Deferred income taxes, net 178,916 159,571
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; 62,604,986 Class A shares and 16,662,633 Class B shares outstanding in 2024; and 61,461,281 Class A shares and 16,364,158 Class B shares outstanding in 2023 824 806
Additional paid-in capital 587,639 542,046
Treasury stock, at cost: 1,387,013 Class A shares and 1,783,806 Class B shares in 2024; and 1,092,142 Class A shares and 1,731,157 Class B shares in 2023 (136,235) (119,835)
Retained earnings 1,698,614 1,450,025
Accumulated other comprehensive (loss) (9,293) (2,163)
Total Rush Enterprises, Inc. shareholders’ equity 2,141,549 1,870,879
Noncontrolling interest 20,354 19,537
Total shareholders’ equity 2,161,903 1,890,416
Total liabilities and shareholders’ equity $ 4,617,547 $ 4,364,241
Common Class A [Member]    
Shareholders’ equity:    
Treasury Stock, Common, Shares (in shares) 1,387,013 1,092,142