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Note 16 - Segments (Tables) | 12 Months Ended
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Dec. 31, 2024
Notes Tables |
Schedule of Segment Reporting Information, by Segment [Table Text Block] |
|  | 2024 |  |  | 2023 |  |  | 2022 |
Net sales |  |  |  |  |  |  |  |  |  |  |  |
Work Truck Attachments |  | $ | 256,010 |  |  | $ | 291,723 |  |  | $ | 382,296 |
Work Truck Solutions |  |  | 312,494 |  |  |  | 276,455 |  |  |  | 233,772 |
|  | $ | 568,504 |  |  | $ | 568,178 |  |  | $ | 616,068 |
Selling, general and administrative expense |  |  |  |  |  |  |  |  |  |  |  |
Work Truck Attachments |  | $ | 53,124 |  |  | $ | 43,176 |  |  | $ | 50,583 |
Work Truck Solutions |  |  | 38,558 |  |  |  | 35,665 |  |  |  | 31,600 |
|  | $ | 91,682 |  |  | $ | 78,841 |  |  | $ | 82,183 |
Other segment items (1) |  |  |  |  |  |  |  |  |  |  |  |
Work Truck Attachments |  | $ | 154,431 |  |  | $ | 197,984 |  |  | $ | 253,502 |
Work Truck Solutions |  |  | 243,042 |  |  |  | 223,231 |  |  |  | 193,603 |
|  | $ | 397,473 |  |  | $ | 421,215 |  |  | $ | 447,105 |
Adjusted EBITDA |  |  |  |  |  |  |  |  |  |  |  |
Work Truck Attachments |  | $ | 48,455 |  |  | $ | 50,563 |  |  | $ | 78,211 |
Work Truck Solutions |  |  | 30,894 |  |  |  | 17,559 |  |  |  | 8,569 |
|  | $ | 79,349 |  |  | $ | 68,122 |  |  | $ | 86,780 |
Depreciation and amortization expense |  |  |  |  |  |  |  |  |  |  |  |
Work Truck Attachments |  | $ | 9,844 |  |  | $ | 13,431 |  |  | $ | 12,901 |
Work Truck Solutions |  |  | 8,046 |  |  |  | 8,231 |  |  |  | 8,037 |
|  | $ | 17,890 |  |  | $ | 21,662 |  |  | $ | 20,938 |
Assets |  |  |  |  |  |  |  |  |  |  |  |
Work Truck Attachments |  | $ | 367,979 |  |  | $ | 392,920 |  |  | $ | 397,557 |
Work Truck Solutions |  |  | 222,004 |  |  |  | 200,498 |  |  |  | 199,334 |
|  | $ | 589,983 |  |  | $ | 593,418 |  |  | $ | 596,891 |
Capital expenditures |  |  |  |  |  |  |  |  |  |  |  |
Work Truck Attachments |  | $ | 5,493 |  |  | $ | 6,459 |  |  | $ | 9,526 |
Work Truck Solutions |  |  | 2,271 |  |  |  | 3,307 |  |  |  | 2,876 |
|  | $ | 7,764 |  |  | $ | 9,766 |  |  | $ | 12,402 |
Adjusted EBITDA |  |  |  |  |  |  |  |  |  |  |  |
Work Truck Attachments |  | $ | 48,455 |  |  | $ | 50,563 |  |  | $ | 78,211 |
Work Truck Solutions |  |  | 30,894 |  |  |  | 17,559 |  |  |  | 8,569 |
Total Adjusted EBITDA |  | $ | 79,349 |  |  | $ | 68,122 |  |  | $ | 86,780 |
Less items to reconcile Adjusted EBITDA to Income before taxes: |  |  |  |  |  |  |  |  |  |  |  |
Interest expense - net |  |  | 15,260 |  |  |  | 15,675 |  |  |  | 11,253 |
Depreciation expense |  |  | 10,370 |  |  |  | 11,142 |  |  |  | 10,418 |
Amortization |  |  | 7,520 |  |  |  | 10,520 |  |  |  | 10,520 |
Gain on sale leaseback transaction |  |  | (42,298 | ) |  |  | - |  |  |  | - |
Stock based compensation |  |  | 4,860 |  |  |  | 953 |  |  |  | 6,730 |
Restructuring and severance costs |  |  | 1,997 |  |  |  | - |  |  |  | - |
Impairment charges (2) |  |  | 1,224 |  |  |  | - |  |  |  | - |
Sale leaseback transaction fees |  |  | 5,257 |  |  |  | - |  |  |  | - |
Other charges (3) |  |  | 1,268 |  |  |  | 598 |  |  |  | 498 |
Income before taxes |  | $ | 73,891 |  |  | $ | 29,234 |  |  | $ | 47,361 |

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