XML 53 R40.htm IDEA: XBRL DOCUMENT v3.24.1.u1
Note 15 - Segments (Tables)
3 Months Ended
Mar. 31, 2024
Notes Tables  
Schedule of Segment Reporting Information, by Segment [Table Text Block]
  

Three Months Ended

  

Three Months Ended

 
  

March 31,

  

March 31,

 
  

2024

  

2023

 

Net sales

        

Work Truck Attachments

 $23,840  $19,246 

Work Truck Solutions

  71,815   63,299 
  $95,655  $82,545 

Adjusted EBITDA

        

Work Truck Attachments

 $(4,468) $(10,231)

Work Truck Solutions

  6,002   2,857 
  $1,534  $(7,374)

Depreciation and amortization expense

        

Work Truck Attachments

 $3,347  $3,338 

Work Truck Solutions

  1,998   2,019 
  $5,345  $5,357 

Assets

        

Work Truck Attachments

 $374,045  $387,909 

Work Truck Solutions

  203,031   197,379 
  $577,076  $585,288 

Capital Expenditures

        

Work Truck Attachments

 $675  $932 

Work Truck Solutions

  99   536 
  $774  $1,468 

Adjusted EBITDA

        

Work Truck Attachments

 $(4,468) $(10,231)

Work Truck Solutions

  6,002   2,857 

Total Adjusted EBITDA

 $1,534  $(7,374)

Less items to reconcile Adjusted EBITDA to Loss before taxes:

        

Interest expense - net

  3,524   2,864 

Depreciation expense

  2,715   2,727 

Amortization

  2,630   2,630 

Stock based compensation

  355   957 

Impairment charges (1)

  1,224   - 

Other charges (2)

  1,029   74 

Loss before taxes

 $(9,943) $(16,626)