INCOME TAXES (Tables)

12 Months Ended

Dec. 31, 2025

INCOME TAXES

Schedule of income before income taxes

(in thousands)
Years ended December 31,	2025		2024		2023
Income before income taxes - domestic	$	15,765	$	21,142	$	52,062

Schedule of components of the provision (benefit) for income taxes

(in thousands)
Years ended December 31,	2025		2024		2023
Current provision (benefit):
Federal	$	(86)	$	3,986	$	12,384
State		(44)		442		1,109
Deferred provision (benefit):
Federal		4,268		(1,101)		(3,047)
State		244		(38)		(79)
Total income tax provision	$	4,382	$	3,289	$	10,367

Schedule of reconciliation between the federal statutory rate and effective tax rate

(in thousands)
Years ended December 31,		2025				2024				2023
Federal statutory rate	$	3,311	21.0	%	$	4,440	21.0	%	$	10,933	21.0	%
State income taxes, net of federal benefit (a)		241	1.5			314	1.5			694	1.3
Tax credits:
Research and development credit		(177)	(1.1)			(110)	(0.5)			(652)	(1.3)
Investment tax credit		—	—			(1,003)	(4.7)			—	—
Change in unrecognized tax benefits		(69)	(0.4)			49	0.2			241	0.5
Non-deductible expenses:
Long-term retirement plan		988	6.3			—	—			—	—
Other		(184)	(1.2)			(162)	(0.8)			(137)	(0.3)
Cross-border tax laws		—	—			(71)	(0.3)			(243)	(0.5)
Other		272	1.7			(168)	(0.8)			(469)	(0.8)
Income tax provision and effective tax rate	$	4,382	27.8	%	$	3,289	15.6	%	$	10,367	19.9	%

(a) State taxes in Florida and North Carolina made up the majority (greater than 50 percent) of the tax effect in this category.

Schedule of components of deferred tax assets and liabilities

(in thousands)
December 31,	2025		2024
Deferred tax assets:
Warranty costs	$	1,380	$	1,370
Sales incentives and discounts		224		436
Self-insurance		256		524
Stock-based compensation		1,059		908
Long-term retirement plan		—		4,767
Capitalized research and development		—		3,226
Federal net operating loss carryforwards		3,482		—
All others, net		344		331
Total deferred tax assets		6,745		11,562
Deferred tax liabilities:
Depreciation and amortization expense		(1,528)		(1,833)
Net deferred tax assets	$	5,217	$	9,729

Schedule of income taxes paid

(in thousands)
Years ended December 31,	2025		2024		2023
Federal	$	1,500	$	4,000	$	12,999
State:
Florida		90		160		450
North Carolina		110		94		175
Other		54		222		287
Total net income tax payments	$	1,754	$	4,476	$	13,911

Schedule of unrecognized tax benefits

(in thousands)	2025		2024
Balance at January 1	$	1,411	$	1,349
Additions (reductions) based on tax positions related to the current year		(121)		21
Additions for tax positions of prior years		41		41
Balance at December 31	$	1,331	$	1,411