Note 15 - Segments (Tables)

9 Months Ended

Sep. 30, 2025

Notes Tables

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

	Three Months Ended		Three Months Ended		Nine Months Ended		Nine Months Ended
	September 30,		September 30,		September 30,		September 30,
	2025		2024		2025		2024
Net sales
Work Truck Attachments	$	68,097	$	60,249	$	212,668	$	202,226
Work Truck Solutions		94,024		69,149		258,847		222,729
	$	162,121	$	129,398	$	471,515	$	424,955
Selling, general and administrative expense
Work Truck Attachments	$	11,971	$	16,583	$	35,813	$	41,773
Work Truck Solutions		10,502		9,105		31,798		28,773
	$	22,473	$	25,688	$	67,611	$	70,546
Other segment items (1)
Work Truck Attachments	$	45,665	$	35,527	$	134,497	$	120,990
Work Truck Solutions		73,898		52,852		197,274		172,859
	$	119,563	$	88,379	$	331,771	$	293,849
Adjusted EBITDA
Work Truck Attachments	$	10,461	$	8,139	$	42,358	$	39,463
Work Truck Solutions		9,624		7,192		29,775		21,097
	$	20,085	$	15,331	$	72,133	$	60,560
Depreciation and amortization expense
Work Truck Attachments	$	1,902	$	2,235	$	5,771	$	7,945
Work Truck Solutions		1,923		2,042		5,703		6,084
	$	3,825	$	4,277	$	11,474	$	14,029
Assets
Work Truck Attachments	$	430,212	$	437,402
Work Truck Solutions		264,724		228,185
	$	694,936	$	665,587
Capital Expenditures
Work Truck Attachments	$	1,429	$	738	$	4,645	$	1,872
Work Truck Solutions		1,595		348		3,317		1,659
	$	3,024	$	1,086	$	7,962	$	3,531

Adjusted EBITDA
Work Truck Attachments	$	10,461	$	8,139		$	42,358	$	39,463
Work Truck Solutions		9,624		7,192			29,775		21,097
Total Adjusted EBITDA	$	20,085	$	15,331		$	72,133	$	60,560
Less items to reconcile Adjusted EBITDA to income before taxes:
Interest expense - net		3,762		4,469			9,119		12,116
Depreciation expense		2,275		2,647			6,824		8,139
Amortization		1,550		1,630			4,650		5,890
Sale leaseback transaction fees		-		5,257			-		5,257
Stock based compensation		1,519		794			5,223		3,627
Restructuring and severance costs		-		417			-		1,819
Impairment charges (2)		-		-			-		1,224
Debt modification expense		-		-			176		-
Loss on extinguishment of debt		-		-			156		-
Gain on sale leaseback transaction		-		(42,298	)		-		(42,298	)
Other charges (3)		567		675			938		862
Income before taxes	$	10,412	$	41,740		$	45,047	$	63,924