Note 16 - Segments (Tables)

12 Months Ended

Dec. 31, 2024

Notes Tables

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

	2024		2023		2022
Net sales
Work Truck Attachments	$	256,010	$	291,723	$	382,296
Work Truck Solutions		312,494		276,455		233,772
	$	568,504	$	568,178	$	616,068
Selling, general and administrative expense
Work Truck Attachments	$	53,124	$	43,176	$	50,583
Work Truck Solutions		38,558		35,665		31,600
	$	91,682	$	78,841	$	82,183
Other segment items (1)
Work Truck Attachments	$	154,431	$	197,984	$	253,502
Work Truck Solutions		243,042		223,231		193,603
	$	397,473	$	421,215	$	447,105
Adjusted EBITDA
Work Truck Attachments	$	48,455	$	50,563	$	78,211
Work Truck Solutions		30,894		17,559		8,569
	$	79,349	$	68,122	$	86,780
Depreciation and amortization expense
Work Truck Attachments	$	9,844	$	13,431	$	12,901
Work Truck Solutions		8,046		8,231		8,037
	$	17,890	$	21,662	$	20,938
Assets
Work Truck Attachments	$	367,979	$	392,920	$	397,557
Work Truck Solutions		222,004		200,498		199,334
	$	589,983	$	593,418	$	596,891
Capital expenditures
Work Truck Attachments	$	5,493	$	6,459	$	9,526
Work Truck Solutions		2,271		3,307		2,876
	$	7,764	$	9,766	$	12,402

Adjusted EBITDA
Work Truck Attachments	$	48,455		$	50,563	$	78,211
Work Truck Solutions		30,894			17,559		8,569
Total Adjusted EBITDA	$	79,349		$	68,122	$	86,780
Less items to reconcile Adjusted EBITDA to Income before taxes:
Interest expense - net		15,260			15,675		11,253
Depreciation expense		10,370			11,142		10,418
Amortization		7,520			10,520		10,520
Gain on sale leaseback transaction		(42,298	)		-		-
Stock based compensation		4,860			953		6,730
Restructuring and severance costs		1,997			-		-
Impairment charges (2)		1,224			-		-
Sale leaseback transaction fees		5,257			-		-
Other charges (3)		1,268			598		498
Income before taxes	$	73,891		$	29,234	$	47,361