Note 15 - Segments (Tables)

9 Months Ended

Sep. 30, 2023

Notes Tables

Schedule of Segment Reporting Information, by Segment [Table Text Block]

	Three Months Ended		Three Months Ended		Nine Months Ended		Nine Months Ended
	September 30,		September 30,		September 30,		September 30,
	2023		2022		2023		2022
Net sales
Work Truck Attachments	$	75,879	$	108,235	$	236,346	$	284,375
Work Truck Solutions		68,242		57,865		197,587		171,887
	$	144,121	$	166,100	$	433,933	$	456,262
Adjusted EBITDA
Work Truck Attachments	$	12,328	$	22,929	$	44,393	$	59,562
Work Truck Solutions		4,985		2,202		8,807		4,307
	$	17,313	$	25,131	$	53,200	$	63,869
Depreciation and amortization expense
Work Truck Attachments	$	3,298	$	3,228	$	10,039	$	9,618
Work Truck Solutions		2,083		2,005		6,141		6,008
	$	5,381	$	5,233	$	16,180	$	15,626
Assets
Work Truck Attachments	$	459,138	$	454,739
Work Truck Solutions		212,807		200,048
	$	671,945	$	654,787
Capital Expenditures
Work Truck Attachments	$	1,320	$	2,741	$	4,185	$	6,807
Work Truck Solutions		1,335		630		2,707		1,211
	$	2,655	$	3,371	$	6,892	$	8,018

Adjusted EBITDA
Work Truck Attachments	$	12,328	$	22,929		$	44,393	$	59,562
Work Truck Solutions		4,985		2,202			8,807		4,307
Total Adjusted EBITDA	$	17,313	$	25,131		$	53,200	$	63,869
Less items to reconcile Adjusted EBITDA to Income before taxes:
Interest expense - net		4,607		3,266			11,207		7,852
Depreciation expense		2,751		2,603			8,290		7,736
Amortization		2,630		2,630			7,890		7,890
Stock based compensation		-		510			4,236		5,563
Other charges (1)		396		(53	)		538		488
Income before taxes	$	6,929	$	16,175		$	21,039	$	34,340