Note 5 - Inventories

3 Months Ended

Mar. 31, 2025

Notes to Financial Statements

Inventory Disclosure [Text Block]

5. Inventories

Inventories consist of the following: ​

	March 31,		December 31,
	2025		2024
Finished goods	$	85,515	$	67,897
Work-in-process		19,800		13,337
Truck chassis inventory		22,054		10,146
Raw material and supplies		44,103		45,654
	$	171,472	$	137,034

The inventories in the table above do not include truck chassis inventory financed through a floor plan financing agreement, which are recorded separately on the balance sheet. The Company takes title to truck chassis upon receipt of the inventory through its floor plan agreement and performs upfitting service installations to the truck chassis inventory during the installation period.  The floor plan obligation is then assumed by the dealer customer upon delivery. At March 31, 2025 and December 31, 2024, the Company had $21,174 and $2,612, respectively, of floor plan chassis inventory and $21,174 and $2,612 of related floor plan financing obligation, respectively. Under the floor plan financing agreement, the Company recognizes revenue associated with upfitting and service installations net of the truck chassis in instances where the Company does not purchase the chassis.