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CONDENSED STATEMENTS OF INCOME - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Jun. 30, 2025
Jun. 30, 2024
Net revenue:        
Product sales $ 38,387 $ 31,652 $ 62,677 $ 62,484
Consumer, MHP and dealer loans interest 10,883 9,844 21,538 20,477
Other revenue 891 999 1,616 2,777
Total net revenue 50,161 42,495 85,831 85,738
Operating expenses:        
Cost of product sales 25,941 21,558 43,133 42,024
Cost of other sales 628   1,143  
Selling, general and administrative expenses 6,638 5,574 12,934 11,463
Dealer incentive 137 (667) 213 (529)
Total operating expenses 33,344 26,465 57,423 52,958
Income from operations 16,817 16,030 28,408 32,780
Other income (expense):        
Non-operating interest income 499 986 966 2,288
Miscellaneous, net 489 3,015 1,164 3,752
Interest expense (29) (235) (34) (511)
Total other income 959 3,766 2,096 5,529
Income before income tax expense 17,776 19,796 30,504 38,309
Income tax expense (3,081) (3,607) (5,533) (6,980)
Net income $ 14,695 $ 16,189 $ 24,971 $ 31,329
Weighted average shares outstanding:        
Basic (in shares) 24,050,252 24,165,320 24,091,086 24,279,038
Diluted (in shares) 24,600,720 24,780,903 24,648,705 24,899,616
Net income per share:        
Basic (in dollars per share) $ 0.61 $ 0.67 $ 1.04 $ 1.29
Diluted (in dollars per share) $ 0.6 $ 0.65 $ 1.01 $ 1.26