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Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
$ in Thousands
Sep. 30, 2023
Dec. 31, 2022
Current assets:    
Cash, cash equivalents and restricted cash $ 191,988 $ 201,044
Accounts receivable, net 263,480 220,651
Inventories, net 1,671,623 1,429,429
Prepaid expenses and other 18,690 16,619
Total current assets 2,145,781 1,867,743
Property and equipment, net 1,474,662 1,368,594
Operating lease right-of-use assets, net 107,406 102,685
Goodwill, net 416,420 416,363
Other assets, net 73,784 65,681
Total assets 4,218,053 3,821,066
Current liabilities:    
Floor plan notes payable 1,121,490 933,203
Current maturities of long-term debt 104,778 0
Current maturities of finance lease obligations 36,128 29,209
Current maturities of operating lease obligations 15,892 15,003
Trade accounts payable 177,142 171,717
Customer deposits 102,900 116,240
Accrued expenses 161,786 163,302
Total current liabilities 1,720,116 1,428,674
Long-term debt, net of current maturities 202,824 275,433
Finance lease obligations, net of current maturities 103,513 93,483
Operating lease obligations, net of current maturities 93,193 89,029
Other long-term liabilities 23,856 19,455
Deferred income taxes, net $ 155,468 $ 151,970
Shareholders’ equity:    
Preferred stock, par value (in dollars per share) $ 0.01 $ 0.01
Preferred stock, authorized (in shares) 1,000,000 1,000,000
Preferred stock, par value $.01 per share; 1,000,000 shares authorized; 0 shares outstanding in 2023 and 2022 $ 0 $ 0
Common stock, par value $.01 per share; 105,000,000 Class A shares and 35,000,000 Class B shares authorized; 62,053,249 Class A shares and 17,989,388 Class B shares outstanding in 2023; and 63,518,042 Class A shares and 18,124,627 Class B shares outstanding in 2022 804 572
Additional paid-in capital 533,648 500,642
Treasury stock, at cost: 266,519 Class A shares and 105,924 Class B shares in 2023; and 1,626,777 Class A shares and 1,112,446 Class B shares in 2022 (16,169) (130,930)
Retained earnings 1,385,646 1,378,337
Accumulated other comprehensive income (loss) (4,317) (4,130)
Total Rush Enterprises, Inc. shareholders’ equity 1,899,612 1,744,491
Noncontrolling interest 19,471 18,531
Total shareholders’ equity 1,919,083 1,763,022
Total liabilities and shareholders’ equity $ 4,218,053 $ 3,821,066
Common Class A [Member]    
Shareholders’ equity:    
Treasury Stock, Common, Shares (in shares) 266,519 1,626,777