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CONDENSED STATEMENTS OF INCOME - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Net revenue:    
Product sales $ 30,833 $ 43,318
Consumer, MHP and dealer loans interest 10,633 7,705
Other 1,777 1,834
Total net revenue 43,243 52,857
Operating expenses:    
Cost of product sales 20,466 28,960
Selling, general and administrative expenses 5,889 5,412
Dealer incentive 138 131
Total operating expenses 26,493 34,503
Income from operations 16,750 18,354
Other income (expense):    
Nonoperating interest income 1,302 695
Miscellaneous, net 737 753
Interest expense (276) (91)
Total other income 1,763 1,357
Income before income tax expense 18,513 19,711
Income tax expense (3,373) (3,435)
Net income $ 15,140 $ 16,276
Weighted average shares outstanding:    
Basic (in shares) 24,393,003 24,374,677
Diluted (in shares) 25,125,016 25,177,502
Net income per share:    
Basic (in dollars per share) $ 0.62 $ 0.67
Diluted (in dollars per share) $ 0.60 $ 0.65