Note 15 - Commitments and Contingencies

9 Months Ended

Sep. 30, 2018

Notes to Financial Statements

Commitments and Contingencies Disclosure [Text Block]

1

5

. Commitments and

Contingencies

The Company has an arrangement with a finance company to provide floor plan financing for certain dealers. The Company receives payment from the finance company after shipment of product to the dealer. The Company participates in the cost of dealer financing up to certain limits and has agreed to repurchase products repossessed by the finance company, but does

not

indemnify the finance company for any credit losses they incur. The amount financed by dealers which remained outstanding under this arrangement at

September 30, 2018

and

December 31, 2017

was approximately

$40,600

and

$36,500,

respectively.

In the normal course of business, the Company is named as a defendant in various lawsuits in which claims are asserted against the Company. In the opinion of management, the liabilities, if any, which

may

result from such lawsuits are

not

expected to have a material adverse effect on the financial position, results of operations or cash flows of the Company.