Note 15 - Segments (Tables)

6 Months Ended

Jun. 30, 2025

Notes Tables

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

	Three Months Ended		Three Months Ended		Six Months Ended		Six Months Ended
	June 30,		June 30,		June 30,		June 30,
	2025		2024		2025		2024
Net sales
Work Truck Attachments	$	108,114	$	118,137	$	144,571	$	141,977
Work Truck Solutions		86,213		81,765		164,823		153,580
	$	194,327	$	199,902	$	309,394	$	295,557
Selling, general and administrative expense
Work Truck Attachments	$	11,412	$	13,529	$	23,842	$	25,191
Work Truck Solutions		10,339		9,841		21,296		19,667
	$	21,751	$	23,370	$	45,138	$	44,858
Other segment items (1)
Work Truck Attachments	$	65,132	$	68,816	$	88,832	$	85,462
Work Truck Solutions		64,827		64,021		123,376		120,008
	$	129,959	$	132,837	$	212,208	$	205,470
Adjusted EBITDA
Work Truck Attachments	$	31,570	$	35,792	$	31,897	$	31,324
Work Truck Solutions		11,047		7,903		20,151		13,905
	$	42,617	$	43,695	$	52,048	$	45,229
Depreciation and amortization expense
Work Truck Attachments	$	1,919	$	2,363	$	3,869	$	5,710
Work Truck Solutions		1,907		2,044		3,780		4,042
	$	3,826	$	4,407	$	7,649	$	9,752
Assets
Work Truck Attachments	$	409,235	$	413,752
Work Truck Solutions		262,236		203,215
	$	671,471	$	616,967
Capital Expenditures
Work Truck Attachments	$	2,121	$	459	$	3,216	$	1,134
Work Truck Solutions		1,064		1,212		1,722		1,311
	$	3,185	$	1,671	$	4,938	$	2,445

Adjusted EBITDA
Work Truck Attachments	$	31,570	$	35,792	$	31,897	$	31,324
Work Truck Solutions		11,047		7,903		20,151		13,905
Total Adjusted EBITDA	$	42,617	$	43,695	$	52,048	$	45,229
Less items to reconcile Adjusted EBITDA to income before taxes:
Interest expense - net		2,973		4,123		5,357		7,647
Depreciation expense		2,276		2,777		4,549		5,492
Amortization		1,550		1,630		3,100		4,260
Stock based compensation		1,554		2,478		3,704		2,833
Impairment charges (2)		-		-		-		1,224
Debt modification expense		-		-		176		-
Loss on extinguishment of debt		-		-		156		-
Other charges (3)		119		560		371		1,589
Income before taxes	$	34,145	$	32,127	$	34,635	$	22,184