The Shyft Group, Inc. (SHYF) 10-Q 7 May 14 2014 Q1 Quarterly report Financial data

Document_And_Entity_Informatio

Document And Entity Information	3 Months Ended
	Mar. 31, 2014	Apr. 30, 2014
Document and Entity Information [Abstract]	'	'
Entity Registrant Name	'SPARTAN MOTORS INC	'
Document Type	'10-Q	'
Current Fiscal Year End Date	'--12-31	'
Entity Common Stock, Shares Outstanding	'	34,467,453
Amendment Flag	'false	'
Entity Central Index Key	'0000743238	'
Entity Current Reporting Status	'Yes	'
Entity Voluntary Filers	'No	'
Entity Filer Category	'Accelerated Filer	'
Entity Well-known Seasoned Issuer	'No	'
Document Period End Date	31-Mar-14	'
Document Fiscal Year Focus	'2014	'
Document Fiscal Period Focus	'Q1	'

Condensed_Consolidated_Balance

Condensed Consolidated Balance Sheets (Unaudited) (USD $)	Mar. 31, 2014	Dec. 31, 2013
In Thousands, unless otherwise specified
Current assets:	'	'
Cash and cash equivalents	$27,198	$30,707
Accounts receivable, less allowance of $234 and $769	55,579	47,560
Inventories	75,388	81,419
Deferred income tax assets	6,736	6,736
Income taxes receivable	3,188	1,641
Assets held for sale	373	373
Other current assets	2,762	2,291
Total current assets	171,224	170,727
Property, plant and equipment, net	53,159	54,278
Goodwill	15,961	15,961
Intangible assets, net	9,810	10,094
Other assets	2,315	2,222
TOTAL ASSETS	252,469	253,282
Current liabilities:	'	'
Accounts payable	30,270	30,525
Accrued warranty	7,979	7,579
Accrued customer rebates	1,724	2,190
Accrued compensation and related taxes	7,070	6,440
Deposits from customers	18,383	18,006
Other current liabilities and accrued expenses	6,108	5,333
Current portion of long-term debt	66	79
Total current liabilities	71,600	70,152
Other non-current liabilities	2,446	3,109
Long-term debt, less current portion	5,247	5,261
Deferred income tax liabilities	3,209	3,209
Shareholders' equity:	'	'
Preferred stock, no par value: 2,000 shares authorized (none issued)	'	'
Common stock, $0.01 par value; 40,000 shares authorized; 34,483 and 34,210 outstanding	345	342
Additional paid in capital	75,629	75,075
Retained earnings	93,992	96,132
Total Spartan Motors, Inc. shareholders’ equity	169,966	171,549
Non-controlling interest	1	2
Total shareholders’ equity	169,967	171,551
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY	$252,469	$253,282

Condensed_Consolidated_Balance1

Condensed Consolidated Balance Sheets (Unaudited) (Parentheticals) (USD $)	Mar. 31, 2014	Dec. 31, 2013
In Thousands, except Per Share data, unless otherwise specified
Accounts receivable, allowance (in Dollars)	$234	$769
Preferred stock, par value (in Dollars per share)	$0	$0
Preferred stock, shares authorized	2,000	2,000
Preferred stock, shares issued	0	0
Common stock, par value (in Dollars per share)	$0.01	$0.01
Common stock, shares authorized	40,000	40,000
Common stock, shares outstanding	34,483	34,210

Condensed_Consolidated_Stateme

Condensed Consolidated Statements of Operations (Unaudited) (USD $)	3 Months Ended
In Thousands, except Per Share data, unless otherwise specified	Mar. 31, 2014	Mar. 31, 2013
Sales	$127,959	$96,136
Cost of products sold	115,214	89,789
Gross profit	12,745	6,347
Operating expenses:	'	'
Research and development	2,859	2,801
Selling, general and administrative	13,428	10,374
Total operating expenses	16,287	13,175
Operating loss	-3,542	-6,828
Other income (expense):	'	'
Interest expense	-94	-70
Interest and other income	128	146
Total other income (expense)	34	76
Loss before taxes	-3,508	-6,752
Taxes	-1,367	-2,498
Net loss	-2,141	-4,254
Less: net loss attributable to non-controlling interest	-1	'
Net loss attributable to Spartan Motors, Inc.	($2,140)	($4,254)
Basic and Diluted net loss per share (in Dollars per share)	($0.06)	($0.13)
Basic and Diluted weighted average common shares outstanding (in Shares)	33,728	33,381

Condensed_Consolidated_Stateme1

Condensed Consolidated Statements of Cash Flows (Unaudited) (USD $)	3 Months Ended
In Thousands, unless otherwise specified	Mar. 31, 2014	Mar. 31, 2013
Cash flows from operating activities:	'	'
Net loss	($2,141)	($4,254)
Adjustments to reconcile net loss to net cash provided by (used in) operating activities:	'	'
Depreciation and amortization	2,259	2,038
Gain on disposal of assets	-1	-17
Expense from changes in fair value of contingent consideration	286	61
Tax expense related to stock incentive plan transactions	11	13
Stock based compensation related to stock awards	614	269
Decrease (increase) in operating assets:	'	'
Accounts receivable	-8,019	6,830
Inventories	6,031	-10,094
Income taxes receivable	-1,547	-1,338
Other assets	-480	800
Increase (decrease) in operating liabilities:	'	'
Accounts payable	-255	295
Accrued warranty	400	1,703
Accrued customer rebates	-466	-822
Accrued compensation and related taxes	630	-1,942
Deposits from customers	377	4,096
Other current liabilities and accrued expenses	-101	-1,680
Taxes on income	-6	47
Total adjustments	-267	259
Net cash used in operating activities	-2,408	-3,995
Cash flows from investing activities:	'	'
Purchases of property, plant and equipment	-856	-1,421
Proceeds from sale of property, plant and equipment	1	27
Net cash used in investing activities	-855	-1,394
Cash flows from financing activities:	'	'
Proceeds from long-term debt	'	86
Payments on long-term debt	-27	-7
Net cash provided from (used in) the exercise, vesting or cancellation of stock incentive awards	-46	192
Cash paid related to tax impact of stock incentive plan transactions	-11	-13
Payment of contingent consideration on a acquisitions	-162	'
Net cash provided by (used in) financing activities	-246	258
Net decrease in cash and cash equivalents	-3,509	-5,131
Cash and cash equivalents at beginning of period	30,707	21,748
Cash and cash equivalents at end of period	$27,198	$16,617

Condensed_Consolidated_Stateme2

Condensed Consolidated Statement of Shareholders' Equity (Unaudited) (USD $)	Common Stock [Member]	Additional Paid-in Capital [Member]	Retained Earnings [Member]	Noncontrolling Interest [Member]	Total
In Thousands
Balance at Dec. 31, 2013	$342	$75,075	$96,132	$2	$171,551
Balance (in Shares) at Dec. 31, 2013	34,210	'	'	'	'
Issuance of common stock and the tax impact of stock incentive plan transactions	'	-57	'	'	-57
Issuance of common stock and the tax impact of stock incentive plan transactions (in Shares)	7	'	'	'	'
Issuance of restricted stock, net of cancellation	3	-3	'	'	'
Issuance of restricted stock, net of cancellation (in Shares)	266	'	'	'	'
Stock based compensation expense related to restricted stock	'	614	'	'	614
Net loss	'	'	-2,140	-1	-2,141
Balance at Mar. 31, 2014	$345	$75,629	$93,992	$1	$169,967
Balance (in Shares) at Mar. 31, 2014	34,483	'	'	'	'

Note_1_General_and_Summary_of_

Note 1 - General and Summary of Accounting Policies	3 Months Ended
	Mar. 31, 2014
Disclosure Text Block [Abstract]	'
Business Description and Accounting Policies [Text Block]	'
	NOTE 1 - GENERAL AND SUMMARY OF ACCOUNTING POLICIES
	For a description of key accounting policies followed, refer to the notes to the Spartan Motors, Inc. (the “Company”) consolidated financial statements for the year ended December 31, 2013, included in the Company’s Annual Report on Form 10-K filed with the Securities and Exchange Commission on March 13, 2014. There have been no changes in such accounting policies as of the date of this report.
	The Company has five wholly-owned operating subsidiaries: Spartan Motors Chassis, Inc., located at our corporate headquarters in Charlotte, Michigan (“Spartan Chassis”); Crimson Fire, Inc., located in Brandon, South Dakota (“Crimson”); Crimson Fire Aerials, Inc., located in Ephrata, Pennsylvania (“Crimson Aerials”); Utilimaster Corporation, located in Bristol and Wakarusa, Indiana (“Utilimaster”); and Classic Fire, LLC (“Classic Fire”), located in Ocala, Florida. Collectively, Crimson, Crimson Aerials and Classic Fire operate as Spartan ERV. Crimson is a participant in Spartan-Gimaex Innovations, LLC (“Spartan-Gimaex”), a 50/50 joint venture with Gimaex Holding, Inc. Spartan-Gimaex is reported as a consolidated subsidiary of Spartan Motors, Inc.
	The accompanying unaudited interim condensed consolidated financial statements reflect all normal and recurring adjustments that are necessary for the fair presentation of the Company’s financial position as of March 31, 2014, the results of operations for the three month period ended March 31, 2014 and the cash flows for the three month period ended March 31, 2014, and should be read in conjunction with the audited consolidated financial statements and footnotes included in the Company’s Annual Report on Form 10-K for the year ended December 31, 2013.
	The results of operations for the three months ended March 31, 2014 are not necessarily indicative of the results to be expected for the full year.
	The Company is required to disclose the fair value of its financial instruments in accordance with Financial Accounting Standards Board (FASB) Codification relating to “Disclosures about Fair Values of Financial Instruments.” The carrying amounts of cash and cash equivalents, accounts receivable, accounts payable and the Company’s fixed and variable rate debt instruments approximate their fair value at March 31, 2014 and December 31, 2013.
	Certain immaterial amounts in the prior periods’ financial statements have been reclassified to conform to the current period’s presentation.

Note_2_Inventories

Note 2 - Inventories	3 Months Ended
	Mar. 31, 2014
Inventory Disclosure [Abstract]	'
Inventory Disclosure [Text Block]	'
	NOTE 2 – INVENTORIES
	Inventories are summarized as follows:
		March 31,			December 31,
		2014			2013
	Finished goods	$	14,441		$	17,168
	Work in process		20,030			25,453
	Raw materials and purchased components		43,899			41,093
	Reserve for slow-moving inventory		(2,982	)		(2,295	)
		$	75,388		$	81,419
	The Company has a number of demonstration units as part of its sales and training program. These demonstration units are included in the “Finished goods” line item above. The net carrying amount was $9,252 and $8,861 at March 31, 2014 and December 31, 2013.

Note_3_Commitments_and_Conting

Note 3 - Commitments and Contingent Liabilities	3 Months Ended
	Mar. 31, 2014
Commitments and Contingencies Disclosure [Abstract]	'
Commitments and Contingencies Disclosure [Text Block]	'
	NOTE 3 - COMMITMENTS AND CONTINGENT LIABILITIES
	Under the terms of its credit agreement with its banks, the Company has the ability to issue letters of credit totaling $15,000. At March 31, 2014 and December 31, 2013, the Company had outstanding letters of credit totaling $10,255 and $10,429 related to certain emergency response vehicle contracts and the Company’s workers compensation insurance.
	At March 31, 2014, the Company and its subsidiaries were parties, both as plaintiff and defendant, to a number of lawsuits and claims arising out of the normal course of their businesses. In the opinion of management, the financial position, future operating results or cash flows of the Company will not be materially affected by the final outcome of these legal proceedings.
	Chassis Agreements
	Utilimaster is party to a chassis bailment inventory agreement with General Motors Company (“GM”) which allows GM to draw up to $5,000 against the Company’s revolving credit line for chassis placed at Utilimaster. As a result of this agreement, there was $1,707 and $1,865 outstanding on the Company’s revolving credit line at March 31, 2014 and December 31, 2013. Under the terms of the bailment inventory agreement, these chassis never become the property of Utilimaster, and the amount drawn against the credit line will be repaid by a GM dealer at the time an order is placed for a Utilimaster body, utilizing a GM chassis. As such, the chassis and the related draw on the line of credit are not reflected in the accompanying Condensed Consolidated Balance Sheets.
	Contingent Consideration
	In connection with the acquisition of Utilimaster in November, 2009, the Company incurred contingent obligations through 2014 in the form of certain performance-based earn-out payments, up to an aggregate maximum amount of $7,000. Through March 31, 2014, the Company has made earn-out payments totaling $5,068, leaving an aggregate maximum amount of future payments of $1,932 as of March 31, 2014. The Company has recorded a contingent liability for the estimated fair value of the future consideration of $1,045 based upon the likelihood of the payments, discounted to March 31, 2014. The contingent liability includes charges of $286 for the three months ended March 31, 2014, which are recorded within Selling, general and administrative on the Condensed Consolidated Statements of Operations. Management believes that the Company has sufficient liquidity to fund the contingent obligations as they become due.
	Warranty Related
	The Company’s subsidiaries all provide limited warranties against assembly/construction defects. These warranties generally provide for the replacement or repair of defective parts or workmanship for a specified period following the date of sale. The end users also may receive limited warranties from suppliers of components that are incorporated into the Company’s chassis and vehicles.
	Certain warranty and other related claims involve matters of dispute that ultimately are resolved by negotiation, arbitration or litigation. Infrequently, a material warranty issue can arise which is beyond the scope of the Company’s historical experience. The Company provides for any such warranty issues as they become known and are estimable. It is reasonably possible that additional warranty and other related claims could arise from disputes or other matters beyond the scope of the Company’s historical experience.
	Changes in the Company’s warranty liability during the three months ended March 31, 2014 and 2013 were as follows:
		2014			2013
	Balance of accrued warranty at January 1	$	7,579		$	6,062
	Warranties issued during the period		1,300			897
	Cash settlements made during the period		(1,047	)		(1,059	)
	Changes in liability for pre-existing warranties during the period, including expirations		147			1,865
	Balance of accrued warranty at March 31	$	7,979		$	7,765

Note_4_Earnings_Loss_Per_Share

Note 4 - Earnings (Loss) Per Share	3 Months Ended
	Mar. 31, 2014
Earnings Per Share [Abstract]	'
Earnings Per Share [Text Block]	'
	NOTE 4 – EARNINGS (LOSS) PER SHARE
	The following table presents a reconciliation of the weighted average shares outstanding used in the Net earnings (loss) per share (“EPS”) calculation:
		Three Months Ended March 31,
		2014		2013
	Basic weighted average common shares outstanding		33,728		33,381
	Effect of dilutive stock options		-		-
	Diluted weighted average common shares outstanding		33,728		33,381
	Anti-dilutive stock awards:
	Restricted stock		488		517
	Stock options		22		32
			510		549
	Stock awards noted as anti-dilutive were not included in the basic (Restricted stock awards) and diluted (Stock option awards) weighted average common shares outstanding. Although these stock awards were not included in the Company’s calculation of basic or diluted EPS, they may have a dilutive effect on the EPS calculation in future periods if the price of the common stock increases or we report net income.

Note_5_Business_Segments

Note 5 - Business Segments	3 Months Ended
	Mar. 31, 2014
Segment Reporting [Abstract]	'
Segment Reporting Disclosure [Text Block]	'
	NOTE 5 - BUSINESS SEGMENTS
	The Company identifies its reportable segments based on its management structure and the financial data utilized by its chief operating decision maker to assess segment performance and allocate resources among the Company’s operating units. The Company has three reportable segments: Emergency Response Vehicles, Delivery and Service Vehicles, and Specialty Chassis and Vehicles.
	The Emergency Response Vehicles segment consists of the emergency response chassis operations of Spartan Chassis and the operations of Crimson, Crimson Aerials, Classic Fire and Spartan-Gimaex. This segment engineers and manufactures emergency response chassis and bodies.
	The Delivery and Service Vehicles segment consists of Utilimaster and focuses on designing and manufacturing walk-in vans for the delivery and service market and the production of commercial truck bodies along with related aftermarket parts and assemblies.
	The Specialty Chassis and Vehicles segment consists of the Spartan Chassis operations that engineer and manufacture motor home chassis, defense vehicles and other specialty chassis and distribute related aftermarket parts and assemblies.
	Appropriate expense amounts are allocated to the three reportable segments and are included in their reported operating income or loss.
	The accounting policies of the segments are the same as those described, or referred to, in Note 1 - General and Summary of Accounting Policies. Assets and related depreciation expense in the column labeled “Other” pertain to capital assets maintained at the corporate level. Segment loss from operations in the “Other” column contains corporate related expenses not allocable to the operating segments. Interest expense and Taxes on income are not included in the information utilized by the chief operating decision makers to assess segment performance and allocate resources, and accordingly, are excluded from the segment results presented below. Intercompany transactions between operating segments were immaterial in all periods presented.
	Three Months Ended March 31, 2014
		Emergency			Delivery &			Specialty		Other			Consolidated
		Response			Service			Chassis &
		Vehicles			Vehicles			Vehicles
	Emergency Response Chassis Sales	$	13,625		$	-		$	-	$	-		$	13,625
	Emergency Response Body Sales		22,317			-			-		-			22,317
	Utilimaster Vehicle Sales		-			58,971			-		-			58,971
	Motorhome Chassis Sales		-			-			21,784		-			21,784
	Other Specialty Chassis and Vehicles Sales		-			-			2,020		-			2,020
	Aftermarket Parts and Assemblies Sales		-			6,205			3,037					9,242
	Total Sales	$	35,942		$	65,176		$	26,841	$	-		$	127,959
	Depreciation and Amortization Expense	$	259		$	1,113		$	293	$	594		$	2,259
	Operating Income (Loss)		(3,664	)		2,596			633		(3,107	)		(3,542	)
	Segment Assets		74,959			82,580			26,728		68,202			252,469
	Three Months Ended March 31, 2013
		Emergency Response			Delivery &			Specialty		Other			Consolidated
		Vehicles			Service			Chassis &
					Vehicles			Vehicles
	Emergency Response Chassis Sales	$	17,403		$	-		$	-	$	-		$	17,403
	Emergency Response Body Sales		17,546			-			-		-			17,546
	Utilimaster Vehicle Sales		-			26,230			-		-			26,230
	Motorhome Chassis Sales		-			-			20,398		-			20,398
	Other Specialty Chassis and Vehicles Sales		-			-			2,018		-			2,018
	Aftermarket Parts and Assemblies Sales		-			5,683			6,858		-			12,541
	Total Sales	$	34,949		$	31,913		$	29,274	$	-		$	96,136
	Depreciation and Amortization Expense	$	372		$	587		$	427	$	652		$	2,038
	Operating Income (Loss)		(2,562	)		(3,970	)		1,327		(1,623	)		(6,828	)
	Segment Assets		77,601			72,414			29,677		63,732			243,424

Note_6_Subsequent_Event

Note 6 - Subsequent Event	3 Months Ended
	Mar. 31, 2014
Subsequent Events [Abstract]	'
Subsequent Events [Text Block]	'
	NOTE 6 – SUBSEQUENT EVENT
	In late April 2014, the Company experienced a network server malfunction at its Spartan ERV manufacturing location in Brandon, South Dakota. The malfunction resulted in the loss of some engineering and manufacturing data, which the subsidiary is currently working to recover. At this time we are unable to estimate the number of units or dollar impact on sales that the malfunction may have for the second quarter and full year 2014. We expect to have more clarity on the impacts on Brandon’s operations by the end of May.

Note_2_Inventories_Tables

Note 2 - Inventories (Tables)	3 Months Ended
	Mar. 31, 2014
Inventory Disclosure [Abstract]	'
Schedule of Inventory, Current [Table Text Block]	'
		March 31,			December 31,
		2014			2013
	Finished goods	$	14,441		$	17,168
	Work in process		20,030			25,453
	Raw materials and purchased components		43,899			41,093
	Reserve for slow-moving inventory		(2,982	)		(2,295	)
		$	75,388		$	81,419

Note_3_Commitments_and_Conting1

Note 3 - Commitments and Contingent Liabilities (Tables)	3 Months Ended
	Mar. 31, 2014
Commitments and Contingencies Disclosure [Abstract]	'
Schedule of Product Warranty Liability [Table Text Block]	'
		2014			2013
	Balance of accrued warranty at January 1	$	7,579		$	6,062
	Warranties issued during the period		1,300			897
	Cash settlements made during the period		(1,047	)		(1,059	)
	Changes in liability for pre-existing warranties during the period, including expirations		147			1,865
	Balance of accrued warranty at March 31	$	7,979		$	7,765

Note_4_Earnings_Loss_Per_Share1

Note 4 - Earnings (Loss) Per Share (Tables)	3 Months Ended
	Mar. 31, 2014
Earnings Per Share [Abstract]	'
Schedule of Weighted Average Number of Shares [Table Text Block]	'
		Three Months Ended March 31,
		2014		2013
	Basic weighted average common shares outstanding		33,728		33,381
	Effect of dilutive stock options		-		-
	Diluted weighted average common shares outstanding		33,728		33,381
	Anti-dilutive stock awards:
	Restricted stock		488		517
	Stock options		22		32
			510		549

Note_5_Business_Segments_Table

Note 5 - Business Segments (Tables)	3 Months Ended
	Mar. 31, 2014
Segment Reporting [Abstract]	'
Schedule of Segment Reporting Information, by Segment [Table Text Block]	'
		Emergency			Delivery &			Specialty		Other			Consolidated
		Response			Service			Chassis &
		Vehicles			Vehicles			Vehicles
	Emergency Response Chassis Sales	$	13,625		$	-		$	-	$	-		$	13,625
	Emergency Response Body Sales		22,317			-			-		-			22,317
	Utilimaster Vehicle Sales		-			58,971			-		-			58,971
	Motorhome Chassis Sales		-			-			21,784		-			21,784
	Other Specialty Chassis and Vehicles Sales		-			-			2,020		-			2,020
	Aftermarket Parts and Assemblies Sales		-			6,205			3,037					9,242
	Total Sales	$	35,942		$	65,176		$	26,841	$	-		$	127,959
	Depreciation and Amortization Expense	$	259		$	1,113		$	293	$	594		$	2,259
	Operating Income (Loss)		(3,664	)		2,596			633		(3,107	)		(3,542	)
	Segment Assets		74,959			82,580			26,728		68,202			252,469
		Emergency Response			Delivery &			Specialty		Other			Consolidated
		Vehicles			Service			Chassis &
					Vehicles			Vehicles
	Emergency Response Chassis Sales	$	17,403		$	-		$	-	$	-		$	17,403
	Emergency Response Body Sales		17,546			-			-		-			17,546
	Utilimaster Vehicle Sales		-			26,230			-		-			26,230
	Motorhome Chassis Sales		-			-			20,398		-			20,398
	Other Specialty Chassis and Vehicles Sales		-			-			2,018		-			2,018
	Aftermarket Parts and Assemblies Sales		-			5,683			6,858		-			12,541
	Total Sales	$	34,949		$	31,913		$	29,274	$	-		$	96,136
	Depreciation and Amortization Expense	$	372		$	587		$	427	$	652		$	2,038
	Operating Income (Loss)		(2,562	)		(3,970	)		1,327		(1,623	)		(6,828	)
	Segment Assets		77,601			72,414			29,677		63,732			243,424

Note_1_General_and_Summary_of_1

Note 1 - General and Summary of Accounting Policies (Details)	Mar. 31, 2014
Disclosure Text Block [Abstract]	'
Number Of Wholly-Owned Operating Subsidiaries	5

Note_2_Inventories_Details

Note 2 - Inventories (Details) (USD $)	Mar. 31, 2014	Dec. 31, 2013
In Thousands, unless otherwise specified
Inventory Disclosure [Abstract]	'	'
Other Inventory, Demo, Gross	$9,252	$8,861

Note_2_Inventories_Details_Inv

Note 2 - Inventories (Details) - Inventories (USD $)	Mar. 31, 2014	Dec. 31, 2013
In Thousands, unless otherwise specified
Inventories [Abstract]	'	'
Finished goods	$14,441	$17,168
Work in process	20,030	25,453
Raw materials and purchased components	43,899	41,093
Reserve for slow-moving inventory	-2,982	-2,295
	$75,388	$81,419

Note_3_Commitments_and_Conting2

Note 3 - Commitments and Contingent Liabilities (Details) (USD $)	3 Months Ended						3 Months Ended	52 Months Ended
In Thousands, unless otherwise specified	Mar. 31, 2014	Mar. 31, 2013	Dec. 31, 2013	Nov. 30, 2009	Mar. 31, 2014	Dec. 31, 2013	Mar. 31, 2014	Mar. 31, 2014
					GM [Member]	GM [Member]	Utilimaster [Member]	Utilimaster [Member]
Note 3 - Commitments and Contingent Liabilities (Details) [Line Items]	'	'	'	'	'	'	'	'
Letters of Credit, Maximum	$15,000	'	'	'	'	'	'	'
Letters of Credit Outstanding, Amount	10,255	'	10,429	'	'	'	'	'
Line of Credit Facility, Capacity Available for Trade Purchases	'	'	'	'	5,000	'	'	'
Line of Credit Facility, Amount Outstanding	'	'	'	'	1,707	1,865	'	'
Business Combination, Contingent Consideration Arrangements, Range of Outcomes, Value, High	'	'	'	7,000	'	'	1,932	1,932
Payments for Previous Acquisition	162	'	'	'	'	'	'	5,068
Business Combination, Contingent Consideration, Liability	1,045	'	'	'	'	'	'	'
Business Combination, Contingent Consideration Arrangements, Change in Amount of Contingent Consideration, Liability	$286	$61	'	'	'	'	$286	'

Note_3_Commitments_and_Conting3

Note 3 - Commitments and Contingent Liabilities (Details) - Changes in the Company’s Warranty Liability (USD $)	3 Months Ended
In Thousands, unless otherwise specified	Mar. 31, 2014	Mar. 31, 2013
Changes in the Company’s Warranty Liability [Abstract]	'	'
Balance of accrued warranty at January 1	$7,579	$6,062
Warranties issued during the period	1,300	897
Cash settlements made during the period	-1,047	-1,059
Changes in liability for pre-existing warranties during the period, including expirations	147	1,865
Balance of accrued warranty at March 31	$7,979	$7,765

Note_4_Earnings_Loss_Per_Share2

Note 4 - Earnings (Loss) Per Share (Details) - Reconciliation of Basic Weighted Average Common Shares Outstanding to Diluted Weighted Average Shares Outstanding	3 Months Ended
In Thousands, unless otherwise specified	Mar. 31, 2014	Mar. 31, 2013
Note 4 - Earnings (Loss) Per Share (Details) - Reconciliation of Basic Weighted Average Common Shares Outstanding to Diluted Weighted Average Shares Outstanding [Line Items]	'	'
Basic weighted average common shares outstanding	33,728	33,381
Diluted weighted average common shares outstanding	33,728	33,381
Anti-dilutive stock awards:	'	'
Anti-dilutive stock awards	510	549
Restricted Stock [Member]	'	'
Anti-dilutive stock awards:	'	'
Anti-dilutive stock awards	488	517
Employee Stock Option [Member]	'	'
Anti-dilutive stock awards:	'	'
Anti-dilutive stock awards	22	32

Note_5_Business_Segments_Detai

Note 5 - Business Segments (Details)	3 Months Ended
	Mar. 31, 2014
Segment Reporting [Abstract]	'
Number of Reportable Segments	3

Note_5_Business_Segments_Detai1

Note 5 - Business Segments (Details) - Segment Reporting Information (USD $)	3 Months Ended
In Thousands, unless otherwise specified	Mar. 31, 2014	Mar. 31, 2013	Dec. 31, 2013
Segment Reporting Information [Line Items]	'	'	'
Revenue	$127,959	$96,136	'
Depreciation and amortization expense	2,259	2,038	'
Operating income (loss)	-3,542	-6,828	'
Segment assets	252,469	243,424	253,282
Emergency Response Chassis [Member] | Emergency Response Vehicles [Member]	'	'	'
Segment Reporting Information [Line Items]	'	'	'
Revenue	13,625	17,403	'
Emergency Response Chassis [Member]	'	'	'
Segment Reporting Information [Line Items]	'	'	'
Revenue	13,625	17,403	'
Emergency Response Bodies [Member] | Emergency Response Vehicles [Member]	'	'	'
Segment Reporting Information [Line Items]	'	'	'
Revenue	22,317	17,546	'
Emergency Response Bodies [Member]	'	'	'
Segment Reporting Information [Line Items]	'	'	'
Revenue	22,317	17,546	'
Utilmaster Vehicles [Member] | Delivery and Service Vehicles [Member]	'	'	'
Segment Reporting Information [Line Items]	'	'	'
Revenue	58,971	26,230	'
Utilmaster Vehicles [Member]	'	'	'
Segment Reporting Information [Line Items]	'	'	'
Revenue	58,971	26,230	'
Motorhome Chassis [Member] | Specialty Chassis and Vehicles [Member]	'	'	'
Segment Reporting Information [Line Items]	'	'	'
Revenue	21,784	20,398	'
Motorhome Chassis [Member]	'	'	'
Segment Reporting Information [Line Items]	'	'	'
Revenue	21,784	20,398	'
Other Specialty Vehicles [Member] | Specialty Chassis and Vehicles [Member]	'	'	'
Segment Reporting Information [Line Items]	'	'	'
Revenue	2,020	2,018	'
Other Specialty Vehicles [Member]	'	'	'
Segment Reporting Information [Line Items]	'	'	'
Revenue	2,020	2,018	'
Aftermarket Parts and Assemblies [Member] | Delivery and Service Vehicles [Member]	'	'	'
Segment Reporting Information [Line Items]	'	'	'
Revenue	6,205	5,683	'
Aftermarket Parts and Assemblies [Member] | Specialty Chassis and Vehicles [Member]	'	'	'
Segment Reporting Information [Line Items]	'	'	'
Revenue	3,037	6,858	'
Aftermarket Parts and Assemblies [Member]	'	'	'
Segment Reporting Information [Line Items]	'	'	'
Revenue	9,242	12,541	'
Emergency Response Vehicles [Member]	'	'	'
Segment Reporting Information [Line Items]	'	'	'
Revenue	35,942	34,949	'
Depreciation and amortization expense	259	372	'
Operating income (loss)	-3,664	-2,562	'
Segment assets	74,959	77,601	'
Delivery and Service Vehicles [Member]	'	'	'
Segment Reporting Information [Line Items]	'	'	'
Revenue	65,176	31,913	'
Depreciation and amortization expense	1,113	587	'
Operating income (loss)	2,596	-3,970	'
Segment assets	82,580	72,414	'
Specialty Chassis and Vehicles [Member]	'	'	'
Segment Reporting Information [Line Items]	'	'	'
Revenue	26,841	29,274	'
Depreciation and amortization expense	293	427	'
Operating income (loss)	633	1,327	'
Segment assets	26,728	29,677	'
Other Segments [Member]	'	'	'
Segment Reporting Information [Line Items]	'	'	'
Depreciation and amortization expense	594	652	'
Operating income (loss)	-3,107	-1,623	'
Segment assets	$68,202	$63,732	'