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Consolidated Statements of Income (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Jun. 30, 2024
Jun. 30, 2023
Revenues        
Revenue $ 1,939,382 $ 1,914,503 $ 3,723,460 $ 3,739,604
Lease and rental sales 87,646 88,549 175,567 175,215
Total revenue 2,027,028 2,003,052 3,899,027 3,914,819
Cost of products sold        
Lease and rental sales 62,687 61,514 126,457 121,992
Total cost of products sold 1,634,639 1,589,204 3,116,763 3,102,202
Gross profit 392,389 413,848 782,264 812,617
Selling, general and administrative expense 251,368 256,691 515,033 513,499
Depreciation and amortization expense 16,492 14,545 32,242 28,859
Gain (loss) on sale of assets (48) 247 102 376
Operating income 124,481 142,859 235,091 270,635
Other (expense) income 44 (96) 221 2,251
Interest expense, net 19,464 12,238 37,437 23,221
Income before taxes 105,061 130,525 197,875 249,665
Income tax provision 26,278 32,001 47,603 60,351
Net income 78,783 98,524 150,272 189,314
Less: Net income (loss) attributable to noncontrolling interest 122 249 3 584
Net income attributable to Rush Enterprises, Inc. $ 78,661 $ 98,275 $ 150,269 $ 188,730
Net income attributable to Rush Enterprises, Inc. per share of common stock:        
Basic (in dollars per share) $ 1.01 $ 1.2 $ 1.91 $ 2.31
Diluted (in dollars per share) $ 97 $ 1.17 $ 1.84 $ 2.23
Basic (in shares) 78,270 81,690 78,706 81,926
Diluted (in shares) 80,778 84,156 81,467 84,501
Dividends declared per common share (in dollars per share) $ 0.17 $ 0.14 $ 0.34 $ 0.28
New and Used Commercial Vehicle [Member]        
Revenues        
Revenue $ 1,300,308 $ 1,250,794 $ 2,423,627 $ 2,412,519
Cost of products sold        
Costs of products sold 1,179,819 1,124,339 2,185,919 2,174,704
Parts and Service [Member]        
Revenues        
Revenue 627,431 651,130 1,276,627 1,299,356
Cost of products sold        
Costs of products sold 392,133 403,351 804,387 805,506
Finance and Insurance [Member]        
Revenues        
Revenue 5,937 6,189 11,331 12,760
Product and Service, Other [Member]        
Revenues        
Revenue $ 5,706 $ 6,390 $ 11,875 $ 14,969