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Note 5 - Inventories
6 Months Ended
Jun. 30, 2025
Notes to Financial Statements  
Inventory Disclosure [Text Block]

5.

Inventories

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Inventories consist of the following: ​

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June 30,

  

December 31,

 
  

2025

  

2024

 
         

Finished goods

 $68,877  $67,897 

Work-in-process

  19,183   13,337 

Truck chassis inventory

  21,839   10,146 

Raw material and supplies

  43,387   45,654 
  $153,286  $137,034 

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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 June 30, 2025 and December 31, 2024, the Company had $20,216 and $2,612, respectively, of floor plan chassis inventory and $20,216 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.

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