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Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
$ in Thousands
Jun. 30, 2024
Dec. 31, 2023
Current assets:    
Cash, cash equivalents and restricted cash $ 167,266 $ 183,725
Accounts receivable, net 286,848 259,353
Notes receivable from affiliate 6,035  
Inventories, net 1,894,214 1,801,447
Prepaid expenses and other 23,338 15,779
Total current assets 2,377,701 2,260,304
Property and equipment, net 1,522,808 1,488,086
Operating lease right-of-use assets, net 115,503 120,162
Goodwill, net 419,303 420,708
Other assets, net 71,211 74,981
Total assets 4,506,526 4,364,241
Current liabilities:    
Floor plan notes payable 1,226,651 1,139,744
Current maturities of finance lease obligations 40,076 36,119
Current maturities of operating lease obligations 16,084 17,438
Trade accounts payable 166,630 162,134
Customer deposits 95,835 145,326
Accrued expenses 152,625 172,549
Total current liabilities 1,697,901 1,673,310
Long-term debt, net of current maturities 396,562 414,002
Finance lease obligations, net of current maturities 97,134 97,617
Operating lease obligations, net of current maturities 101,510 104,514
Other long-term liabilities 29,586 24,811
Deferred income taxes, net 160,899 159,571
Shareholders’ equity:    
Preferred stock, par value $.01 per share; 1,000,000 shares authorized; 0 shares outstanding in 2024 and 2023 0 0
Common stock, par value $.01 per share; 105,000,000 Class A shares and 35,000,000 Class B shares authorized; 61,869,093 Class A shares and 16,700,392 Class B shares outstanding in 2024; and 61,461,281 Class A shares and 16,364,158 Class B shares outstanding in 2023 816 806
Additional paid-in capital 563,604 542,046
Treasury stock, at cost: 1,298,522 Class A shares and 1,746,047 Class B shares in 2024; and 1,092,142 Class A shares and 1,731,157 Class B shares in 2023 (129,415) (119,835)
Retained earnings 1,573,316 1,450,025
Accumulated other comprehensive income (4,927) (2,163)
Total Rush Enterprises, Inc. shareholders’ equity 2,003,394 1,870,879
Noncontrolling interest 19,540 19,537
Total shareholders’ equity 2,022,934 1,890,416
Total liabilities and shareholders’ equity $ 4,506,526 $ 4,364,241
Common Class A [Member]    
Shareholders’ equity:    
Treasury Stock, Common, Shares (in shares)   1,092,142