XML 14 R4.htm IDEA: XBRL DOCUMENT v3.23.3
CONDENSED STATEMENTS OF INCOME - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2023
Sep. 30, 2022
Sep. 30, 2023
Sep. 30, 2022
Net revenue:        
Product sales $ 37,008 $ 48,678 $ 122,505 $ 155,563
Consumer and MHP loans interest 8,803 7,002 24,996 21,264
Other 4,126 1,645 7,929 4,637
Total net revenue 49,937 57,325 155,430 181,464
Operating expenses:        
Cost of product sales 24,820 33,510 83,490 104,648
Selling, general and administrative expenses 6,108 6,727 17,046 20,287
Dealer incentive (5) 226 27 939
Income from operations 19,014 16,862 54,867 55,590
Other income (expense):        
Nonoperating interest income 794 611 2,115 2,246
Miscellaneous, net (37) 186 875 788
Interest expense (303) (88) (588) (326)
Total other 454 709 2,402 2,708
Income before income tax expense 19,468 17,571 57,269 58,298
Income tax expense (3,380) (2,836) (9,885) (10,210)
Net income $ 16,088 $ 14,735 $ 47,384 $ 48,088
Weighted average shares outstanding:        
Basic (in shares) 24,391,797 24,406,020 24,382,519 24,356,809
Diluted (in shares) 25,128,679 25,379,116 25,099,985 25,024,488
Net income per share:        
Basic (in dollars per share) $ 0.66 $ 0.60 $ 1.94 $ 1.97
Diluted (in dollars per share) $ 0.64 $ 0.58 $ 1.89 $ 1.92