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Consolidated Statements of Income (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2023
Sep. 30, 2022
Sep. 30, 2023
Sep. 30, 2022
Revenues        
Revenue $ 1,891,274 $ 1,778,598 $ 5,630,878 $ 4,981,168
Lease and rental sales 89,466 85,688 264,681 237,561
Total revenue 1,980,740 1,864,286 5,895,559 5,218,729
Cost of products sold        
Lease and rental sales 62,106 58,482 184,098 162,378
Total cost of products sold 1,586,335 1,482,888 4,688,537 4,117,675
Gross profit 394,405 381,398 1,207,022 1,101,054
Selling, general and administrative expense 257,132 242,609 770,631 692,383
Depreciation and amortization expense 15,872 13,961 44,731 41,545
Gain on sale of assets 220 2,209 596 2,433
Operating income 121,621 127,037 392,256 369,559
Other income (expense) 133 (215) 2,384 22,182
Interest expense, net 14,194 6,275 37,415 10,662
Income before taxes 107,560 120,547 357,225 381,079
Income tax provision 26,926 29,884 87,277 87,290
Net income 80,634 90,663 269,948 293,789
Less: Net income attributable to noncontrolling interest 356 287 940 733
Net income attributable to Rush Enterprises, Inc. $ 80,278 $ 90,376 $ 269,008 $ 293,056
Net income attributable to Rush Enterprises, Inc. per share of common stock:        
Basic (in dollars per share) $ 0.99 $ 1.09 $ 3.30 $ 3.51
Diluted (in dollars per share) $ 0.96 $ 1.06 $ 3.19 $ 3.41
Basic (in shares) 81,229 82,848 81,629 83,401
Diluted (in shares) 83,987 85,313 84,251 86,045
Dividends declared per common share (in dollars per share) $ 0.17 $ 0.14 $ 0.45 $ 0.39
New and Used Commercial Vehicle [Member]        
Revenues        
Revenue $ 1,235,767 $ 1,142,201 $ 3,648,286 $ 3,176,175
Cost of products sold        
Costs of products sold 1,113,294 1,045,658 3,287,998 2,875,057
Parts and Service [Member]        
Revenues        
Revenue 643,623 622,130 1,942,979 1,763,691
Cost of products sold        
Costs of products sold 410,935 378,748 1,216,441 1,080,240
Finance and Insurance [Member]        
Revenues        
Revenue 6,317 7,639 19,077 22,919
Product and Service, Other [Member]        
Revenues        
Revenue $ 5,567 $ 6,628 $ 20,536 $ 18,383