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CONDENSED STATEMENTS OF INCOME - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Jun. 30, 2023
Jun. 30, 2022
Net revenue:        
Product sales $ 42,316 $ 55,098 $ 85,497 $ 106,885
Consumer and MHP loans interest 8,488 7,497 16,193 14,262
Other 1,832 1,616 3,803 2,992
Total net revenue 52,636 64,211 105,493 124,139
Operating expenses:        
Cost of product sales 29,709 37,411 58,670 71,138
Selling, general and administrative expenses 5,527 5,901 10,938 13,560
Dealer incentive (100) 439 32 713
Income from operations 17,500 20,460 35,853 38,728
Other income (expense):        
Nonoperating interest income 626 783 1,321 1,635
Miscellaneous, net 159 17 912 603
Interest expense (195) (183) (285) (239)
Total other 590 617 1,948 1,999
Income before income tax expense 18,090 21,077 37,801 40,727
Income tax expense (3,070) (3,816) (6,505) (7,375)
Net income $ 15,020 $ 17,261 $ 31,296 $ 33,352
Weighted average shares outstanding:        
Basic 24,380,894 24,406,020 24,377,803 24,355,412
Diluted 25,101,937 24,922,125 25,085,158 24,773,345
Net income per share:        
Basic $ 0.62 $ 0.71 $ 1.28 $ 1.37
Diluted $ 0.60 $ 0.69 $ 1.25 $ 1.35