Revenue Recognition (Tables)

9 Months Ended

Sep. 30, 2025

Revenue Recognition

Schedule of changes in contract assets and liabilities

	Contract		Contract
	Assets		Liabilities
As of December 31, 2024	$	4,761	$	3,462
Net activity		(115)		(535)
As of September 30, 2025	$	4,646	$	2,927

Schedule of disaggregation of revenue by product category and end market

	Three Months Ended				Nine Months Ended
	September 30,				September 30,
Product Category	2025		2024		2025		2024
Outdoor sports	$	1,808	$	1,824	$	5,700	$	6,188
Fabrication		77,875		67,284		209,689		245,400
Performance structures		44,213		42,645		127,408		136,209
Tube		17,930		16,140		55,000		55,061
Tank		6,817		10,684		26,002		34,385
Total		148,643		138,577		423,799		477,243
Intercompany sales elimination		(4,333)		(3,185)		(11,582)		(16,945)
Total, net sales	$	144,310	$	135,392	$	412,217	$	460,298

	Three Months Ended				Nine Months Ended
	September 30,				September 30,
End Market	2025		2024		2025		2024
Commercial vehicle	$	39,211	$	51,612	$	139,221	$	172,696
Construction & access		22,145		20,110		61,843		75,786
Powersports		22,980		21,605		64,855		82,202
Data center & critical power		22,566		4,658		31,748		13,139
Agriculture		8,098		10,358		28,266		39,955
Military		7,433		6,968		24,262		21,499
Other		21,877		20,081		62,022		55,021
Total, net sales	$	144,310	$	135,392	$	412,217	$	460,298