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Note 15 - Segments (Tables) | 6 Months Ended
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Jun. 30, 2023
Notes Tables |
Schedule of Segment Reporting Information, by Segment [Table Text Block] |
|  | Three Months Ended |  |  | Three Months Ended |  |  | Six Months Ended |  |  | Six Months Ended |
|  | June 30, |  |  | June 30, |  |  | June 30, |  |  | June 30, |
|  | 2023 |  |  | 2022 |  |  | 2023 |  |  | 2022 |
Net sales |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Work Truck Attachments |  | $ | 141,221 |  |  | $ | 130,364 |  |  | $ | 160,467 |  |  | $ | 176,140 |
Work Truck Solutions |  |  | 66,046 |  |  |  | 57,197 |  |  |  | 129,345 |  |  |  | 114,022 |
|  | $ | 207,267 |  |  | $ | 187,561 |  |  | $ | 289,812 |  |  | $ | 290,162 |
Adjusted EBITDA |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Work Truck Attachments |  | $ | 42,296 |  |  | $ | 33,589 |  |  | $ | 32,065 |  |  | $ | 36,633 |
Work Truck Solutions |  |  | 965 |  |  |  | 513 |  |  |  | 3,822 |  |  |  | 2,105 |
|  | $ | 43,261 |  |  | $ | 34,102 |  |  | $ | 35,887 |  |  | $ | 38,738 |
Depreciation and amortization expense |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Work Truck Attachments |  | $ | 3,403 |  |  | $ | 3,201 |  |  | $ | 6,741 |  |  | $ | 6,390 |
Work Truck Solutions |  |  | 2,039 |  |  |  | 2,003 |  |  |  | 4,058 |  |  |  | 4,003 |
|  | $ | 5,442 |  |  | $ | 5,204 |  |  | $ | 10,799 |  |  | $ | 10,393 |
Assets |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Work Truck Attachments |  | $ | 439,940 |  |  | $ | 421,310 |  |  |  |  |  |  |  |  |
Work Truck Solutions |  |  | 201,260 |  |  |  | 192,174 |  |  |  |  |  |  |  |  |
|  | $ | 641,200 |  |  | $ | 613,484 |  |  |  |  |  |  |  |  |
Capital Expenditures |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Work Truck Attachments |  | $ | 1,933 |  |  | $ | 2,928 |  |  | $ | 2,865 |  |  | $ | 4,066 |
Work Truck Solutions |  |  | 836 |  |  |  | 363 |  |  |  | 1,372 |  |  |  | 581 |
|  | $ | 2,769 |  |  | $ | 3,291 |  |  | $ | 4,237 |  |  | $ | 4,647 |
Adjusted EBITDA |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Work Truck Attachments |  | $ | 42,296 |  |  | $ | 33,589 |  |  | $ | 32,065 |  |  | $ | 36,633 |
Work Truck Solutions |  |  | 965 |  |  |  | 513 |  |  |  | 3,822 |  |  |  | 2,105 |
Total Adjusted EBITDA |  | $ | 43,261 |  |  | $ | 34,102 |  |  | $ | 35,887 |  |  | $ | 38,738 |
Less items to reconcile Adjusted EBITDA to Income before taxes: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Interest expense - net |  |  | 3,736 |  |  |  | 2,473 |  |  |  | 6,600 |  |  |  | 4,586 |
Depreciation expense |  |  | 2,812 |  |  |  | 2,574 |  |  |  | 5,539 |  |  |  | 5,133 |
Amortization |  |  | 2,630 |  |  |  | 2,630 |  |  |  | 5,260 |  |  |  | 5,260 |
Stock based compensation |  |  | 3,279 |  |  |  | 3,153 |  |  |  | 4,236 |  |  |  | 5,053 |
Other charges (1) |  |  | 68 |  |  |  | 182 |  |  |  | 142 |  |  |  | 541 |
Income before taxes |  | $ | 30,736 |  |  | $ | 23,090 |  |  | $ | 14,110 |  |  | $ | 18,165 |

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