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Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
$ in Thousands
Mar. 31, 2025
Dec. 31, 2024
Current assets:    
Cash, cash equivalents and restricted cash $ 228,719 $ 228,131
Accounts receivable, net 295,009 345,346
Note receivable, affiliate 5,206 9,536
Inventories, net 1,886,071 1,787,744
Prepaid expenses and other 19,384 18,958
Total current assets 2,434,389 2,389,715
Property and equipment, net 1,637,169 1,615,635
Operating lease right-of-use assets, net 117,324 111,408
Goodwill, net 427,476 427,493
Other assets, net 71,583 73,296
Total assets 4,687,941 4,617,547
Current liabilities:    
Floor plan notes payable 1,080,585 1,081,199
Current maturities of finance lease obligations 38,516 38,476
Current maturities of operating lease obligations 17,153 15,866
Trade accounts payable 319,398 244,018
Customer deposits 97,186 109,751
Accrued expenses 142,510 160,809
Total current liabilities 1,695,348 1,650,119
Long-term debt, net of current maturities 403,681 408,440
Finance lease obligations, net of current maturities 88,138 92,235
Operating lease obligations, net of current maturities 102,584 97,874
Other long-term liabilities 29,440 28,060
Deferred income taxes, net 181,166 178,916
Shareholders’ equity:    
Preferred stock, par value $.01 per share; 1,000,000 shares authorized; 0 shares outstanding in 2025 and 2024 0 0
Common stock, par value $.01 per share; 105,000,000 Class A shares and 35,000,000 Class B shares authorized; 62,551,809 Class A shares and 16,754,609 Class B shares outstanding in 2025; and 62,604,986 Class A shares and 16,662,633 Class B shares outstanding in 2024 830 824
Additional paid-in capital 598,058 587,639
Treasury stock, at cost: 1,718,463 Class A shares and 2,016,462 Class B shares in 2025; and 1,387,013 Class A shares and 1,783,806 Class B shares in 2024 (167,174) (136,235)
Retained earnings 1,744,527 1,698,614
Accumulated other comprehensive income (loss) (9,305) (9,293)
Total Rush Enterprises, Inc. shareholders’ equity 2,166,936 2,141,549
Noncontrolling interest 20,648 20,354
Total shareholders’ equity 2,187,584 2,161,903
Total liabilities and shareholders’ equity $ 4,687,941 $ 4,617,547
Common Class A [Member]    
Shareholders’ equity:    
Treasury Stock, Common, Shares (in shares) 1,718,463 1,387,013