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Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
$ in Thousands
Jun. 30, 2025
Dec. 31, 2024
Current assets:    
Cash, cash equivalents and restricted cash $ 211,106 $ 228,131
Accounts receivable, net 310,469 345,346
Notes receivable from affiliate 3,881 9,536
Inventories, net 1,842,311 1,787,744
Prepaid expenses and other 27,936 18,958
Total current assets 2,395,703 2,389,715
Property and equipment, net 1,675,025 1,615,635
Operating lease right-of-use assets, net 126,262 111,408
Goodwill, net 441,967 427,493
Other assets, net 76,817 73,296
Total assets 4,715,774 4,617,547
Current liabilities:    
Floor plan notes payable 1,088,779 1,081,199
Current maturities of long-term debt 128  
Current maturities of finance lease obligations 36,332 38,476
Current maturities of operating lease obligations 18,529 15,866
Trade accounts payable 297,425 244,018
Customer deposits 107,716 109,751
Accrued expenses 169,540 160,809
Total current liabilities 1,718,449 1,650,119
Long-term debt, net of current maturities 412,845 408,440
Finance lease obligations, net of current maturities 87,045 92,235
Operating lease obligations, net of current maturities 110,259 97,874
Other long-term liabilities 32,366 28,060
Deferred income taxes, net 179,779 178,916
Shareholders’ equity:    
Preferred stock, par value $.01 per share; 1,000,000 shares authorized; 0 shares outstanding in 2025 and 2024 0 0
Common stock, par value $.01 per share; 105,000,000 Class A shares and 35,000,000 Class B shares authorized; 61,123,036 Class A shares and 16,614,652 Class B shares outstanding in 2025; and 62,604,986 Class A shares and 16,662,633 Class B shares outstanding in 2024 831 824
Additional paid-in capital 607,783 587,639
Treasury stock, at cost: 3,243,834 Class A shares and 2,156,419 Class B shares in 2025; and 1,387,013 Class A shares and 1,783,806 Class B shares in 2024 (253,317) (136,235)
Retained earnings 1,802,812 1,698,614
Accumulated other comprehensive income (4,278) (9,293)
Total Rush Enterprises, Inc. shareholders’ equity 2,153,831 2,141,549
Noncontrolling interest 21,200 20,354
Total shareholders’ equity 2,175,031 2,161,903
Total liabilities and shareholders’ equity $ 4,715,774 $ 4,617,547
Common Class A [Member]    
Shareholders’ equity:    
Treasury Stock, Common, Shares (in shares) 3,243,834 1,387,013