XML 48 R37.htm IDEA: XBRL DOCUMENT v3.25.2

LEASES (Tables)

6 Months Ended

Jun. 30, 2025

Leases [Abstract]

Assets and Liabilities, Lessee

Leased assets and liabilities included within the Condensed Consolidated Balance Sheets consist of the following (in thousands):

						Classification						June 30, 2025						December 31, 2024
Right-of-Use Assets
Operating						Other assets						$	33,328					$	36,423
Total leased ROU assets												$	33,328					$	36,423
Liabilities
Current
Operating						Other accrued liabilities						$	12,500					$	11,782
Noncurrent
Operating						Other non-current liabilities						20,828						24,641
Total lease liabilities												$	33,328					$	36,423

Lease, Cost

Lease costs included in the Condensed Consolidated Statements of Operations consist of the following (in thousands):

						Classification						Three Months Ended June 30, 2025						Three Months Ended June 30, 2024
Operating lease cost						Cost of sales, selling expenses and general and administrative expense						$	3,536					$	2,905
Net lease cost												$	3,536					$	2,905
						Classification						Six Months Ended June 30, 2025						Six Months Ended June 30, 2024
Operating lease cost						Cost of sales, selling expenses and general and administrative expense						$	7,124					$	5,665
Net lease cost												$	7,124					$	5,665

Remaining lease term and discount rates are as follows:

						June 30, 2025						December 31, 2024
Weighted average remaining lease term (years)
Operating leases						3.2						3.5
Weighted average discount rate
Operating leases						5.54		%				5.38		%

Lease costs included in the Condensed Consolidated Statements of Cash Flows are as follows (in thousands):

						Six Months Ended June 30, 2025						Six Months Ended June 30, 2024
Cash paid for amounts included in the measurement of lease liabilities
Operating cash flows from operating leases						$	7,056					$	5,696

Operating Lease, Liability, Maturity

Maturity of the Company’s lease liabilities as of June 30, 2025 is as follows (in thousands):

						Operating Leases						Finance Leases						Total
2025 (remainder)						$	7,020					$	—					$	7,020
2026						13,046						—						13,046
2027						8,101						—						8,101
2028						4,236						—						4,236
2029						2,666						—						2,666
Thereafter						1,426						—						1,426
Total lease payments						$	36,495					$	—					$	36,495
Less: interest						3,167						—
Present value of lease payments						$	33,328					$	—

Finance Lease, Liability, Maturity

Maturity of the Company’s lease liabilities as of June 30, 2025 is as follows (in thousands):

						Operating Leases						Finance Leases						Total
2025 (remainder)						$	7,020					$	—					$	7,020
2026						13,046						—						13,046
2027						8,101						—						8,101
2028						4,236						—						4,236
2029						2,666						—						2,666
Thereafter						1,426						—						1,426
Total lease payments						$	36,495					$	—					$	36,495
Less: interest						3,167						—
Present value of lease payments						$	33,328					$	—

Operating Lease, Lease Income

For the three and six months ended June 30, 2025 and 2024, the Company’s lease income consisted of the following components (in thousands):

						Three Months Ended June 30, 2025						Three Months Ended June 30, 2024
Operating lease income
Fixed lease income						$	1,002					$	559
Variable lease income						—						—
Total lease income						$	1,002					$	559
						Six Months Ended June 30, 2025						Six Months Ended June 30, 2024
Operating lease income
Fixed lease income						$	1,651					$	1,202
Variable lease income						—						—
Total lease income(1)						$	1,651					$	1,202

Lessor, Operating Lease, Payment to be Received, Maturity

The following table shows the Company’s future contractual receipts from noncancelable operating leases as of June 30, 2025 (in thousands):

						Operating Leases1
2025 (remainder)						$	1,030
2026						2,061
2027						1,949
2028						1,157
2029						—
Thereafter						—
Total contractual receipts						$	6,197

—————————

(1) The future contractual receipts due under the Company’s full-service operating leases include amounts related to preventative maintenance, certain repairs as defined in the related agreements, and ad valorem taxes. Net revenue related to the Company’s subleases are also included in the table above.

X

- Definition

Tabular disclosure of undiscounted cash flows of finance lease liability. Includes, but is not limited to, reconciliation of undiscounted cash flows to finance lease liability recognized in statement of financial position.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 842
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 6
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147478964/842-20-50-6

+ Details

Name:	us-gaap_FinanceLeaseLiabilityMaturityTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of lessee's lease cost. Includes, but is not limited to, interest expense for finance lease, amortization of right-of-use asset for finance lease, operating lease cost, short-term lease cost, variable lease cost and sublease income.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 842
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 4
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147478964/842-20-50-4

+ Details

Name:	us-gaap_LeaseCostTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- References

No definition available.

+ Details

Name:	us-gaap_LeasesAbstract
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of undiscounted cash flows of lessee's operating lease liability. Includes, but is not limited to, reconciliation of undiscounted cash flows to operating lease liability recognized in statement of financial position.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 842
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 6
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147478964/842-20-50-6

+ Details

Name:	us-gaap_LesseeOperatingLeaseLiabilityMaturityTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of maturity of undiscounted cash flows to be received by lessor on annual basis for operating lease.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 842
-SubTopic 30
-Name Accounting Standards Codification
-Section 50
-Paragraph 12
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147479773/842-30-50-12

+ Details

Name:	us-gaap_LessorOperatingLeasePaymentsToBeReceivedMaturityTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of components of income from operating lease.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Topic 842
-SubTopic 30
-Name Accounting Standards Codification
-Section 50
-Paragraph 5
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147479773/842-30-50-5

Reference 2: http://www.xbrl.org/2003/role/disclosureRef
-Topic 270
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 6A
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482964/270-10-50-6A

+ Details

Name:	us-gaap_OperatingLeaseLeaseIncomeTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Assets and Liabilities, Lessee [Table Text Block]

+ References

No definition available.

+ Details

Name:	wnc_AssetsAndLiabilitiesLesseeTableTextBlock
Namespace Prefix:	wnc_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration