The Shyft Group, Inc. (SHYF) 10-Q 31 Oct 18 2018 Q3 Quarterly report Financial data

Document And Entity Information

Document And Entity Information - shares	9 Months Ended
	Sep. 30, 2018	Oct. 25, 2018
Document Information [Line Items]
Entity Registrant Name	SPARTAN MOTORS INC
Entity Central Index Key	743,238
Trading Symbol	spar
Current Fiscal Year End Date	--12-31
Entity Filer Category	Accelerated Filer
Entity Current Reporting Status	Yes
Entity Emerging Growth Company	false
Entity Small Business	false
Entity Common Stock, Shares Outstanding (in shares)		35,175,103
Document Type	10-Q
Document Period End Date	Sep. 30, 2018
Document Fiscal Year Focus	2,018
Document Fiscal Period Focus	Q3
Amendment Flag	false

Condensed Consolidated Balance

Condensed Consolidated Balance Sheets (Current Period Unaudited) - USD ($) $ in Thousands	Sep. 30, 2018	Dec. 31, 2017
Current assets:
Cash and cash equivalents	$ 15,667	$ 33,523
Accounts receivable, less allowance of $139 and $139	109,946	83,147
Contract assets	43,576
Inventories	75,759	77,692
Other current assets	4,828	4,425
Total current assets	249,776	198,787
Property, plant and equipment, net	55,547	55,177
Goodwill	27,417	27,417
Intangible assets, net	8,815	9,427
Other assets	2,713	3,072
Net deferred tax asset	5,627	7,284
TOTAL ASSETS	349,895	301,164
Current liabilities:
Accounts payable	92,598	40,643
Accrued warranty	16,243	18,268
Accrued compensation and related taxes	9,236	13,264
Deposits from customers	15,074	25,422
Other current liabilities and accrued expenses	9,946	12,071
Current portion of long-term debt	62	64
Total current liabilities	143,159	109,732
Other non-current liabilities	4,452	5,238
Long-term debt, less current portion	18,560	17,925
Total liabilities	166,171	132,895
Commitments and contingencies
Shareholders' equity:
Preferred stock, no par value: 2,000 shares authorized (none issued)
Common stock, $0.01 par value; 80,000 shares authorized; 35,170 and 35,097 outstanding	352	351
Additional paid in capital	80,086	79,721
Retained earnings	103,944	88,855
Total Spartan Motors, Inc. shareholders’ equity	184,382	168,927
Non-controlling interest	(658)	(658)
Total shareholders’ equity	183,724	168,269
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY	$ 349,895	$ 301,164

Condensed Consolidated Balanc_2

Condensed Consolidated Balance Sheets (Current Period Unaudited) (Parentheticals) - USD ($) shares in Thousands, $ in Thousands	Sep. 30, 2018	Dec. 31, 2017
Accounts receivable, allowance	$ 139	$ 139
Preferred stock, par value (in dollars per share)	$ 0	$ 0
Preferred stock, authorized (in shares)	2,000	2,000
Preferred stock, issued (in shares)	0	0
Common stock, par value (in dollars per share)	$ 0.01	$ 0.01
Common stock, authorized (in shares)	80,000	80,000
Common stock, outstanding (in shares)	35,170	35,097

Condensed Consolidated Statemen

Condensed Consolidated Statements of Operations (Unaudited) - USD ($) shares in Thousands, $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2018	Sep. 30, 2017	Sep. 30, 2018	Sep. 30, 2017
Sales	$ 226,183	$ 189,215	$ 583,203	$ 526,029
Cost of products sold	199,965	160,564	508,457	461,327
Restructuring charges	25		25	156
Gross profit	26,193	28,651	74,721	64,546
Operating expenses:
Research and development	2,117	1,598	5,323	5,265
Selling, general and administrative	17,251	17,057	54,163	48,160
Restructuring charges	476	232	1,292	1,044
Total operating expenses	19,844	18,887	60,778	54,469
Operating income	6,349	9,764	13,943	10,077
Other income (expense):
Interest expense	(225)	(189)	(817)	(582)
Interest and other income	156	159	2,581	438
Total other income (expense)	(69)	(30)	1,764	(144)
Income before taxes	6,280	9,734	15,707	9,933
Taxes	1,037	(3,736)	2,527	(3,561)
Net income	5,243	13,470	13,180	13,494
Less: net loss attributable to non-controlling interest				(1)
Net income attributable to Spartan Motors Inc.	$ 5,243	$ 13,470	$ 13,180	$ 13,495
Basic net earnings per share (in dollars per share)	$ 0.15	$ 0.38	$ 0.37	$ 0.39
Diluted net earnings per share (in dollars per share)	$ 0.15	$ 0.38	$ 0.37	$ 0.39
Basic weighted average common shares outstanding (in shares)	35,182	35,105	35,179	34,882
Diluted weighted average common shares outstanding (in shares)	35,182	35,105	35,179	34,882

Condensed Consolidated Statem_2

Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($) $ in Thousands	9 Months Ended
	Sep. 30, 2018	Sep. 30, 2017
Cash flows from operating activities:
Net income	$ 13,180	$ 13,494
Adjustments to reconcile net income to net cash provided by (used in) operating activities:
Depreciation and amortization	7,638	7,335
Accruals for warranty	6,068	6,799
Expense from changes in fair value of contingent consideration	(693)
Deferred income taxes	688	(6,493)
Stock based compensation related to stock awards	3,054	2,578
(Increase) decrease in operating assets:
Accounts receivable	(26,799)	(29,110)
Contract assets	(13,017)
Inventories	(31,000)	26,194
Income taxes receivable		1,287
Other assets	(403)	1,038
Increase (decrease) in operating liabilities:
Accounts payable	51,955	19,729
Cash paid for warranty repairs	(8,093)	(10,036)
Accrued compensation and related taxes	(4,028)	(2,751)
Deposits from customers	(3,113)	(32,121)
Other current liabilities and accrued expenses	955	258
Other long term liabilities	(259)	1,811
Taxes on income	(2,080)	2,106
Total adjustments	(19,127)	(11,376)
Net cash (used in) provided by operating activities	(5,947)	2,118
Cash flows from investing activities:
Purchases of property, plant and equipment	(7,395)	(3,762)
Acquisition of business, net of cash acquired		(28,903)
Net cash used in investing activities	(7,395)	(32,665)
Cash flows from financing activities:
Proceeds from long-term debt	684	32,800
Payments on long-term debt	(50)	(10,049)
Payment of contingent consideration on acquisitions	(701)
Payment of dividends	(1,759)	(1,755)
Net cash used in the exercise, vesting or cancellation of stock incentive awards	(2,688)	(635)
Net cash (used in) provided by financing activities	(4,514)	20,361
Net decrease in cash and cash equivalents	(17,856)	(10,186)
Cash and cash equivalents at beginning of period	33,523	32,041
Cash and cash equivalents at end of period	$ 15,667	$ 21,855

Condensed Consolidated Statem_3

Condensed Consolidated Statement of Shareholders' Equity (Unaudited) - 9 months ended Sep. 30, 2018 - USD ($) shares in Thousands, $ in Thousands	Common Stock [Member]	Additional Paid-in Capital [Member]	Retained Earnings [Member]	Noncontrolling Interest [Member]	Total
Balance (in shares) at Dec. 31, 2017	35,097
Balance at Dec. 31, 2017	$ 351	$ 79,721	$ 88,855	$ (658)	$ 168,269
Issuance of common stock and the tax impact of stock incentive plan transactions (in shares)	9
Issuance of common stock and the tax impact of stock incentive plan transactions		(2,688)			(2,688)
Issuance of restricted stock, net of cancellation (in shares)	64
Issuance of restricted stock, net of cancellation	$ 1	(1)
Dividends declared ($0.05 per share)			(1,759)		(1,759)
Stock based compensation expense related to restricted stock		3,054			3,054
Net income			13,180		13,180
Balance (in shares) at Sep. 30, 2018	35,170
Balance at Sep. 30, 2018	$ 352	80,086	103,944	(658)	183,724
Transition adjustment for adoption of new revenue recognition standard			$ 3,668		$ 3,668

Condensed Consolidated Statem_4

Condensed Consolidated Statement of Shareholders' Equity (Unaudited) (Parentheticals)	9 Months Ended
	Sep. 30, 2018$ / shares
Dividends declared (in dollars per share)	$ 0.05

Note 1 - General and Summary of

Note 1 - General and Summary of Accounting Policies	9 Months Ended
	Sep. 30, 2018
Notes to Financial Statements
Business Description and Accounting Policies [Text Block]	NOTE 1 For a description of key accounting policies followed, refer to the notes to the Spartan Motors, Inc. (the “Company”, “we”, “our” or “us”) consolidated financial statements for the year ended December 31, 2017, 10 March 1, 2018. Adoption of Revenue Recognition Accounting Policy first 2018. We are a niche market leader in the engineering and manufacturing of heavy-duty, purpose-built specialty vehicles. Our products include walk-in vans and truck bodies used in e-commerce/parcel delivery, up-fit equipment used in the mobile retail, and utility trades, fire trucks and fire truck chassis, luxury Class A diesel motor home chassis, military vehicles, and contract manufacturing and assembly services. We also supply replacement parts and offer repair, maintenance, field service and refurbishment services for the vehicles that we manufacture. We conduct our operating activities through our wholly owned operating subsidiary, Spartan Motors USA, Inc. (“Spartan USA”), with locations in Charlotte, Michigan; Brandon, South Dakota; Ephrata, Pennsylvania; Bristol, Indiana; and Snyder and Neligh, Nebraska; along with contract manufacturing in Kansas City, Missouri, Ladson, South Carolina and Saltillo, Mexico. Our Bristol, Indiana location manufactures vehicles used in the parcel delivery, mobile retail and trades and construction industries, and supplies related aftermarket parts and services under the Utilimaster brand name. Our Kansas City, Missouri, Ladson, South Carolina and Saltillo, Mexico locations sell and install equipment used in fleet vehicles. Our Brandon, South Dakota, Snyder and Neligh, Nebraska, and Ephrata, Pennsylvania locations manufacture emergency response vehicles under the Spartan, Smeal, US Tanker and Ladder Tower Company brand names. In June 2018, The accompanying unaudited interim condensed consolidated financial statements reflect all normal and recurring adjustments that are necessary for the fair presentation of our financial position as of September 30, 2018, three nine September 30, 2018 nine September 30, 2018. 10 December 31, 2017. The results of operations for the three nine September 30, 2018 not We are required to disclose the fair value of our 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 our variable rate debt instruments approximate their fair value at September 30, 2018 December 31, 2017. New Accounting Standards In August 2018, No. 2018 15, Intangibles-Goodwill and Other-Internal-Use Software (Subtopic 350 40 ) 2018 15” 2018 15 2018 15 December 15, 2020 2018 15 not In June 2018, No. 2018 07, Compensation-Stock Compensation (Topic 718 ) 2018 07” 2018 07 2018 07 December 15, 2018 2018 07 not In March 2018, No. 2018 05, Income Taxes (Topic 740 ) 2018 05” 2018 05 2018 05 December 22, 2017 one not In February 2017, No. 2017 05, Other Income-Gains and Losses from the Derecognition of Nonfinancial Assets (Subtopic 610 - 20 ) 2017 05” 2017 05 2017 05 first 2018. 2017 05 not In June 2016, 2016 13, Financial Instruments – Credit Losses: Measurement of Credit Losses on Financial Instruments 2016 13” 2016 13 December 15, 2019 2016 13 not In February 2016, No. 2016 02, Leases 2016 02” 12 December 15, 2018, 2016 02 In January 2018, No. 2018 01, Leases (Topic 842 ) 2018 01” not 842 not 840. not 2016 02. In July 2018, No. 2018 10, Codification Improvements to Topic 842, 2018 10” 2018 10 2018 10 2016 02 In July 2018, No. 2018 11, Leases (Topic 842 ), Targeted Improvements 2018 11” 2018 11 2016 02 first 2019. In May 2014, 2014 09, Revenue from Contracts with Customers ( 2014 09” 606” No. 2016 08 , Revenue from Contracts with Customers (ASU 2014 - 09 ), Principal versus Agent Considerations (Reporting Revenue Gross versus Net) No. 2016 10, Revenue from Contracts with Customers (ASU 2014 - 09 ), Identifying Performance Obligations and Licensing No. 2016 12, Revenue from Contracts with Customers (ASU 2014 - 09 ), Narrow-Scope Improvements and Practical Expedients. 2014 09, 2014 09 December 15, 2017, may 2014 09 January 1, 2018 “Adoption of Revenue Recognition Accounting Policy” 2014 09 In March 2016, No. 2016 08, Revenue from Contracts with Customers (ASU 2014 - 09 ), Principal versus Agent Considerations (Reporting Revenue Gross versus Net) 2016 08” 2016 08 two 2016 08 2014 09 2014 09 January 1, 2018 “Adoption of Revenue Recognition Accounting Policy” 2014 09 In April 2016, No. 2016 10, Revenue from Contracts with Customers (ASU 2014 - 09 ), Identifying Performance Obligations and Licensing 2016 10” 2016 10 2014 09 2016 10 2016 10 2016 10 2014 09 2014 09 January 1, 2018 “Adoption of Revenue Recognition Accounting Policy” 2014 09 In May 2016, No. 2016 12, Revenue from Contracts with Customers (ASU 2014 - 09 ), Narrow-Scope Improvements and Practical Expedients 2016 12” 2016 12 2016 12 2014 09 2014 09 January 1, 2018 “Adoption of Revenue Recognition Accounting Policy” 2014 09 Adoption of Revenue Recognition Accounting Policy Except for the changes below, we have consistently applied the accounting policies to all periods presented in these condensed consolidated financial statements. We adopted ASC 606 January 1, 2018. We applied ASC 606 606 January 1, 2018. not Essentially all of our revenue is generated through contracts with our customers. We may not may one not not one We have elected to utilize the practical expedient to recognize the incremental costs of obtaining a contract as an expense when incurred because the amortization period for the prepaid costs that would have otherwise been deferred and amortized is one not Note 5 – Commitments and Contingent Liabilities not Revenue for parts sales for all segments is recognized at the time that control and risk of ownership has passed to the customer, which is generally when the ordered part is shipped to the customer. Historical return rates on parts sales have been immaterial. Accordingly, no For certain of our vehicles and chassis, we sell separately priced service contracts that provide roadside assistance or extend certain warranty coverage beyond our base warranty agreements. These separately priced contracts range from 1 6 Distinct revenue recognition policies for our segments are as follows: Fleet Vehicles and Services Our walk-in vans and truck bodies are generally built on a chassis that is owned and controlled by the customer. Due to the customer ownership of the chassis, the performance obligation for these walk-in vans and truck bodies is satisfied as the vehicles are built. Accordingly, the revenue and corresponding cost of products sold associated with these contracts are recognized over time based on the inputs completed for a given performance obligation during the reporting period. Certain contracts will specify that a walk-in van or truck body is to be built on a chassis that we purchase and subsequently sell to the customer. The revenue on these contracts is recognized at the time that the performance obligation is satisfied and control and risk of ownership has passed to the customer, which is generally upon shipment of the vehicle from our manufacturing facility to the customer or receipt of the vehicle by the customer, depending on contract terms. We have elected to treat shipping and handling costs subsequent to transfer of control as fulfillment activities and, accordingly, recognize these costs as the revenue is recognized. Revenue for up-fit and field service contracts is recognized over time, as equipment is installed in the customer’s vehicle or as repairs and enhancements are made to the customer’s vehicles. Revenue and the corresponding cost of products sold is estimated based on the inputs completed for a given performance obligation. Our performance obligation for up-fit and field service contracts is satisfied when the equipment installation or repairs and enhancements of the customer’s vehicle has been completed. Payment on our fleet vehicles and services performance obligations is received an average of 35 Emergency Response Vehicles Our emergency response chassis and apparatuses are generally manufactured to order based on customer-supplied specifications. Due to the custom nature of the products and the attributes of the contracts, we do not 48 103 Revenue on certain emergency response chassis and apparatuses that are sold from stock or utilized as demonstration units is recognized at the point in time that the contract is received. Revenue related to modifications made to trucks sold from stock or that were utilized as demonstration units is recognized over time as the modifications are completed. Payment is received an average of 60 Specialty Chassis and Vehicles We recognize revenue and the corresponding cost of products sold on the sale of motor home chassis when the performance obligation is completed and control and risk of ownership of the chassis has passed to our customer, which is generally upon shipment of the chassis to the customer. Revenue and the corresponding cost of products sold associated with other specialty chassis is recognized over time based on the inputs completed for a given performance obligation during the reporting period. The performance obligations for other specialty chassis contracts are satisfied as the products are assembled. Payment is received an average of 24 The tables below present the impacts of our adoption of the new revenue standard on our income statement and balance sheet. Three Months Ended September 30, 2018 As Reported Balances Without Adoption of ASC 606 Effect of Change Higher/(Lower) Income Statement Sales $ 226,183 $ 231,089 $ (4,906 ) Cost of products sold 199,965 204,613 (4,648 ) Taxes 1,037 1,055 (18 ) Net income 5,243 5,483 (240 ) Nine Months Ended September 30, 2018 As Reported Balances Without Adoption of ASC 606 Effect of Change Higher/(Lower) Income Statement Sales $ 583,203 $ 588,806 $ (5,603 ) Cost of products sold 508,457 514,865 (6,408 ) Taxes 2,527 2,300 227 Net income 13,180 12,602 578 September 30, 2018 As Reported Balances Without Adoption of ASC 606 Effect of Change Higher/(Lower) Balance Sheet Assets Contract assets $ 43,576 $ - $ 43,576 Inventories 75,759 121,158 (45,399 ) Net deferred tax asset 5,627 6,524 (897 ) Liabilities Deposits from customers 15,074 22,562 (7,488 ) Other current liabilities and accrued expenses 9,946 9,422 542 Equity Retained earnings 103,944 99,700 4,244 The table below presents the cumulative effect of the changes made to our consolidated January 1, 2018 606. December 31, 2017 Transition adjustments January 1, 2018 Assets Contract assets $ - $ 30,559 $ 30,559 Inventory 77,692 (32,933 ) 44,759 Net deferred tax asset 7,284 (897 ) 6,387 Liabilities Deposits from customers 25,422 (7,234 ) 18,188 Other current liabilities and accrued expenses 12,071 295 12,366 Equity Retained earnings 88,855 3,668 92,523 Contract assets and liabilities The tables below disclose changes in contract assets and liabilities as of the periods indicated. Contract assets Opening balance (January 1, 2018) $ 30,559 Reclassification of the beginning contract assets to receivables, as the result of rights to consideration becoming unconditional (30,554 ) Contract assets recognized, net of reclassification to receivables 43,571 Net change 13,017 Ending balance (September 30, 2018) $ 43,576 Contract liabilities Opening balance (January 1, 2018) $ 18,188 Reclassification of the beginning contract liabilities to revenue, as the result of performance obligations satisfied (12,329 ) Cash received in advance and not recognized as revenue 9,215 Net change (3,114 ) Ending balance (September 30, 2018) $ 15,074 The aggregate amount of the transaction price allocated to remaining performance obligations in existing contracts that are yet to be completed are expected to be recognized as revenue in the following annual time-periods: 1-12 Months (1) 13 Months and beyond (1) Total Revenue expected to be recognized as of September 30, 2018: Fleet Vehicles and Services $ 271,708 $ 3,508 $ 275,216 Emergency Response Vehicles 170,712 5,864 176,576 Specialty Chassis and Vehicles 34,035 37 34,072 Total $ 476,455 $ 9,409 $ 485,864 ( 1 Revenue above includes amounts related to extended warranties and roadside assistance contracts of $209 $37 one 12 $668 $37 13 For performance obligations that are satisfied over time, revenue is expected to be recognized evenly over the time period to complete the contract due to the assembly line nature of the business operations. For performance obligations that are satisfied at a point in time, revenue is expected to be recognized when the customer obtains control of the product, which is generally upon shipment from our facility. No In the following tables, revenue is disaggregated by primary geographical market and timing of revenue recognition for the three nine September 30, 2018. Three Months Ended September 30, 2018 Fleet Vehicles and Services Emergency Response Vehicles Specialty Chassis and Vehicles Total Reportable Segments Other Total Primary geographical markets United States $ 106,531 $ 49,861 $ 51,626 $ 208,018 $ (4,188 ) $ 203,830 Other 11,902 10,402 49 22,353 - 22,353 Total sales $ 118,433 $ 60,263 $ 51,675 $ 230,371 $ (4,188 ) $ 226,183 Timing of revenue recognition Products transferred at a point in time $ 38,153 $ 5,795 $ 42,034 $ 85,982 $ - $ 85,982 Products and services transferred over time 80,280 54,468 9,641 144,389 (4,188 ) 140,201 Total sales $ 118,433 $ 60,263 $ 51,675 $ 230,371 $ (4,188 ) $ 226,183 Nine Months Ended September 30, 2018 Fleet Vehicles and Services Emergency Response Vehicles Specialty Chassis and Vehicles Total Reportable Segments Other Total Primary geographical markets United States $ 240,871 $ 162,559 $ 147,204 $ 550,634 $ (7,318 ) $ 543,316 Other 15,669 24,032 186 39,887 - 39,887 Total sales $ 256,540 $ 186,591 $ 147,390 $ 590,521 $ (7,318 ) $ 583,203 Timing of revenue recognition Products transferred at a point in time $ 65,947 $ 16,403 $ 123,504 $ 205,854 $ - $ 205,854 Products and services transferred over time 190,593 170,188 23,886 384,667 (7,318 ) 377,349 Total sales $ 256,540 $ 186,591 $ 147,390 $ 590,521 $ (7,318 ) $ 583,203

Note 2 - Inventories

Note 2 - Inventories	9 Months Ended
	Sep. 30, 2018
Notes to Financial Statements
Inventory Disclosure [Text Block]	NOTE 2 Inventories are summarized as follows: September 30, December 31, 2018 2017 Finished goods $ 16,780 $ 15,539 Work in process 7,173 15,980 Raw materials and purchased components 55,863 49,159 Reserve for slow-moving inventory (4,057 ) (2,986 ) Total inventory $ 75,759 $ 77,692 We also have a number of demonstration units as part of our sales and training program. These demonstration units are included in the “Finished goods” line item above, and amounted to $4,816 $7,435 September 30, 2018 December 31, 2017.

Note 3 - Debt

Note 3 - Debt	9 Months Ended
	Sep. 30, 2018
Notes to Financial Statements
Debt Disclosure [Text Block]	NOTE 3 Long-term debt consists of the following: September 30, December 31, Line of credit revolver (1) $ 18,461 $ 17,800 Capital lease obligations 161 189 Total debt 18,622 17,989 Less current portion of long-term debt (62 ) (64 ) Total long-term debt $ 18,560 $ 17,925 ( 1 On August 8, 2018, may $150,000 five August 8, 2023. may $75,000 $20,000 $15,000, 0.5%, one 1.0%; September 30, 2018, 5, Commitments and Contingent Liabilities 3.43750% one 1.25% September 30, 2018. On December 1, 2017, $100,000 three August 8, 2018. 0.5%, one 1.00%; Under the terms of the primary line of credit agreement we are required to maintain certain financial ratios and other financial covenants, which limited our available borrowings under our line of credit to a total of approximately $116,100 $66,400 September 30, 2018 December 31, 2017, September 30, 2018 December 31, 2017,

Note 4 - Restructuring

Note 4 - Restructuring	9 Months Ended
	Sep. 30, 2018
Notes to Financial Statements
Restructuring and Related Activities Disclosure [Text Block]	NOTE 4 During the three nine September 30, 2018, During the three nine September 30, 2017, Restructuring charges included in our Consolidated Statements of Operations for the three nine September 30, 2018 2017, Three Months Ended September 30, 2018 Fleet Vehicles and Services Emergency Response Vehicles Specialty Chassis and Vehicles Other Total Cost of products sold Accrual for severance $ - $ 15 $ 10 $ - $ 25 Selling, general and administrative Accrual for severance - 159 161 11 331 Production relocation - 145 - - 145 Total Selling, general and administrative - 304 161 11 476 Total restructuring $ - $ 319 $ 171 $ 11 $ 501 Nine Months Ended September 30, 2018 Fleet Vehicles and Services Emergency Response Vehicles Specialty Chassis and Vehicles Other Total Cost of products sold Accrual for severance $ - $ 15 $ 10 $ - $ 25 Selling, general and administrative Accrual for severance - 497 164 486 1,147 Production relocation 145 - - 145 Total Selling, general and administrative - 642 164 486 1,292 Total restructuring $ - $ 657 $ 174 $ 486 $ 1,317 Three Months Ended September 30, 2017 Fleet Vehicles and Services Emergency Response Vehicles Specialty Chassis and Vehicles Other Total Cost of products sold Accrual for severance $ - $ - $ - $ - $ - Selling, general and administrative Accrual for severance 232 - - - 232 Total restructuring $ 232 $ - $ - $ - $ 232 Nine Months Ended September 30, 2017 Fleet Vehicles and Services Emergency Response Vehicles Specialty Chassis and Vehicles Other Total Cost of products sold Accrual for severance $ 97 $ 43 $ 16 $ - $ 156 Selling, general and administrative Accrual for severance 547 367 79 51 1,044 Total restructuring $ 644 $ 410 $ 95 $ 51 $ 1,200 The following table provides a summary of the compensation related charges incurred during the three nine September 30, 2018 Severance Balance, January 1, 2018 $ 11 Accrual for severance 20 Payments and adjustments made in period (27 ) Balance, March 31, 2018 4 Accrual for severance 797 Payments and adjustments made in period (4 ) Balance, June 30, 2018 797 Accrual for severance 356 Payments and adjustments made in period (559 ) Balance, September 30, 2018 $ 594

Note 5 - Commitments and Contin

Note 5 - Commitments and Contingent Liabilities	9 Months Ended
	Sep. 30, 2018
Notes to Financial Statements
Commitments and Contingencies Disclosure [Text Block]	NOTE 5 Under the terms of our credit agreement with our banks, we have the ability to issue letters of credit totaling $20,000 September 30, 2018 December 31, 2017, $1,625 $754 At September 30, 2018, not Chassis Agreements We are party to chassis bailment inventory agreements with General Motors Company (“GM”) and Chrysler Group, LLC (“Chrysler”) which allow GM and Chrysler to draw up to $10,000 $71 $57 September 30, 2018 December 31, 2017. one not Warranty Related We 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 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 our historical experience. We provide 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 our historical experience. Changes in our warranty liability during the nine September 30, 2018 2017 2018 2017 Balance of accrued warranty at January 1 $ 18,268 $ 19,334 Warranties issued during the period 5,381 5,717 Cash settlements made during the period (8,093 ) (10,036 ) Changes in liability for pre-existing warranties during the period, including expirations 687 1,082 Assumed warranties outstanding at Smeal on January 1, 2017 - 3,689 Balance of accrued warranty at September 30 $ 16,243 $ 19,786 Spartan-Gimaex Joint Venture Spartan USA is a participant in Spartan-Gimaex Innovations, LLC (“Spartan-Gimaex”), a 50/50 In February 2015, June 2015, February 2017, No 10 In accordance with accounting guidance, we have accrued estimated costs representing the low end of the range of the estimated total charges that we believe we may may no nine September 30, 2018.

Note 6 - Taxes

Note 6 - Taxes	9 Months Ended
	Sep. 30, 2018
Notes to Financial Statements
Income Tax Disclosure [Text Block]	NOTE 6 Our effective income tax rate was 16.5% 16.1% three nine September 30, 2018 38.4 35.9 three nine September 30, 2017. Our effective tax rate for the three September 30, 2018 two one December 31, 2017 2017 third 2018 $361 first nine 2018 25.0% We also recorded a $373 2017 2017 10 2017 December 2017. 2017 35 21 December 31, 2017. 2017 2017 10 No. 118, 740, 2017 The effective tax rate for the nine September 30, 2018 $1,403 Our effective tax rate for the three nine September 30, 2017 $6,577 2015. September 30, 2017 not no three September 30, 2017

Note 7 - Interest and Other Inc

Note 7 - Interest and Other Income	9 Months Ended
	Sep. 30, 2018
Notes to Financial Statements
Interest and Other Income [Text Block]	NOTE 7 Interest and other income is as shown below: Three Months Ended September 30, Nine Months Ended September 30, 2018 2017 2018 2017 Net working capital settlement from acquisition of Smeal (1) $ - $ - $ 1,500 $ - Gain from adjustment of contingent liability from acquisition of Smeal (2) - - 693 - Other miscellaneous 156 159 388 438 Total interest and other income $ 156 $ 159 $ 2,581 $ 438 ( 1 January 1, 2018. ( 2 January 1, 2018.

Note 8 - Business Segments

Note 8 - Business Segments	9 Months Ended
	Sep. 30, 2018
Notes to Financial Statements
Segment Reporting Disclosure [Text Block]	NOTE 8 We identify our reportable segments based on our management structure and the financial data utilized by our chief operating decision makers to assess segment performance and allocate resources among our operating units. We have three We evaluate the performance of our reportable segments based on Adjusted EBITDA. Adjusted EBITDA is defined as earnings before interest, taxes, depreciation and amortization, and other adjustments made in order to present comparable results from period to period. These adjustments include: restructuring charges; accruals and adjustments to prior accruals for product recalls; and items related to our acquisition of Smeal, such as expenses incurred to complete the acquisition and other purchase accounting related items that impacted current period operating income. We exclude these items from earnings because we believe they will be incurred infrequently and/or are otherwise not 2018 April 12, 2018. Our Fleet Vehicles and Services segment consists of our operations at our Bristol, Indiana location and, beginning in 2018, Our Emergency Response Vehicles segment consists of the emergency response chassis operations at our Charlotte, Michigan location and our operations at our Brandon, South Dakota; Snyder and Neligh, Nebraska; and Ephrata, Pennsylvania locations, along with our Spartan-Gimaex joint venture. This segment engineers and manufactures emergency response chassis and vehicles. Our Specialty Chassis and Vehicles segment consists of our Charlotte, Michigan 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 The accounting policies of the segments are the same as those described, or referred to, in Note 1 General and Summary of Accounting Policies not not Three Months Ended September 30, 2018 Fleet Vehicles and Services Emergency Response Vehicles Specialty Chassis and Vehicles Eliminations and Other Consolidated Fleet vehicle sales $ 91,984 $ - $ 4,188 $ (4,188 ) $ 91,984 Emergency response vehicle sales - 57,549 - - 57,549 Motor home chassis sales - - 38,892 - 38,892 Other specialty vehicle sales - - 5,453 - 5,453 Aftermarket parts and accessories sales 26,449 2,714 3,142 - 32,305 Total sales $ 118,433 $ 60,263 $ 51,675 $ (4,188 ) $ 226,183 Depreciation and amortization expense $ 603 $ 625 $ 357 $ 1,015 $ 2,600 Adjusted EBITDA 7,243 601 5,919 (3,180 ) 10,583 Segment assets 109,139 139,060 41,545 60,151 349,895 Capital expenditures 250 304 19 2,739 3,312 Three Months Ended September 30, 2017 Fleet Vehicles and Services Emergency Response Vehicles Specialty Chassis and Vehicles Eliminations and Other Consolidated Fleet vehicle sales $ 66,850 $ - $ 4,312 $ (4,312 ) $ 66,850 Emergency response vehicle sales - 63,369 - - 63,369 Motor home chassis sales - - 37,034 - 37,034 Other specialty vehicle sales - - 4,738 - 4,738 Aftermarket parts and accessories sales 11,787 2,503 2,934 - 17,224 Total sales $ 78,637 $ 65,872 $ 49,018 $ (4,312 ) $ 189,215 Depreciation and amortization expense $ 856 $ 575 $ 368 $ 846 $ 2,645 Adjusted EBITDA 8,785 2,501 5,149 (3,541 ) 12,894 Segment assets 78,766 131,806 32,770 77,524 320,866 Capital expenditures 66 499 28 731 1,324 Nine Months Ended September 30, 2018 Fleet Vehicles and Services Emergency Response Vehicles Specialty Chassis and Vehicles Eliminations and Other Consolidated Fleet vehicle sales $ 194,917 $ - $ 7,318 $ (7,318 ) $ 194,917 Emergency response vehicle sales - 178,592 - - 178,592 Motor home chassis sales - - 115,643 - 115,643 Other specialty vehicle sales - - 16,568 - 16,568 Aftermarket parts and accessories sales 61,623 7,999 7,861 - 77,483 Total sales $ 256,540 $ 186,591 $ 147,390 $ (7,318 ) $ 583,203 Depreciation and amortization expense $ 1,780 $ 1,877 $ 1,092 $ 2,889 $ 7,638 Adjusted EBITDA 20,205 2,038 13,431 (10,601 ) 25,073 Segment assets 109,139 139,060 41,545 60,151 349,895 Capital expenditures 1,815 459 116 5,005 7,395 Nine Months Ended September 30, 2017 Fleet Vehicles and Services Emergency Response Vehicles Specialty Chassis and Vehicles Eliminations and Other Consolidated Fleet vehicle sales $ 154,178 $ - $ 4,739 $ (4,739 ) $ 154,178 Emergency response vehicle sales - 220,112 - - 220,112 Motor home chassis sales - - 91,280 - 91,280 Other specialty vehicle sales - - 13,753 - 13,753 Aftermarket parts and accessories sales 31,909 6,810 7,987 - 46,706 Total sales $ 186,087 $ 226,922 $ 117,759 $ (4,739 ) $ 526,029 Depreciation and amortization expense $ 2,618 $ 1,711 $ 942 $ 2,064 $ 7,335 Adjusted EBITDA 21,203 510 9,415 (9,098 ) 22,030 Segment assets 78,766 131,806 32,770 77,524 320,866 Capital expenditures 342 1,216 270 1,934 3,762 The table below presents the reconciliation of our consolidated income before taxes to total segment Adjusted EBITDA. Adjusted EBITDA is not not may not may not not Three Months Ended September 30, Nine Months Ended September 30, 2018 2017 2018 2017 Total segment adjusted EBITDA $ 13,763 $ 16,435 $ 35,674 $ 31,128 Add (subtract): Interest expense (225 ) (189 ) (817 ) (582 ) Depreciation and amortization expense (2,600 ) (2,645 ) (7,638 ) (7,335 ) Restructuring expense (501 ) (232 ) (1,317 ) (1,200 ) Acquisition expense (267 ) (354 ) (802 ) (1,085 ) Recall expense (112 ) 368 331 368 Litigation settlement (321 ) - (321 ) - Long-term strategic planning expense (277 ) - (995 ) - Impact of acquisition on timing of chassis revenue recognition - (108 ) - (2,074 ) Impact of step-up in inventory value resulting from acquisition - - - (189 ) Impact of acquisition adjustments for net working capital and contingent liability - - 2,193 - Unallocated corporate expenses (3,180 ) (3,541 ) (10,601 ) (9,098 ) Consolidated income before taxes $ 6,280 $ 9,734 $ 15,707 $ 9,933

Significant Accounting Policies

Significant Accounting Policies (Policies)	9 Months Ended
	Sep. 30, 2018
Accounting Policies [Abstract]
New Accounting Pronouncements, Policy [Policy Text Block]	New Accounting Standards In August 2018, No. 2018 15, Intangibles-Goodwill and Other-Internal-Use Software (Subtopic 350 40 ) 2018 15” 2018 15 2018 15 December 15, 2020 2018 15 not In June 2018, No. 2018 07, Compensation-Stock Compensation (Topic 718 ) 2018 07” 2018 07 2018 07 December 15, 2018 2018 07 not In March 2018, No. 2018 05, Income Taxes (Topic 740 ) 2018 05” 2018 05 2018 05 December 22, 2017 one not In February 2017, No. 2017 05, Other Income-Gains and Losses from the Derecognition of Nonfinancial Assets (Subtopic 610 - 20 ) 2017 05” 2017 05 2017 05 first 2018. 2017 05 not In June 2016, 2016 13, Financial Instruments – Credit Losses: Measurement of Credit Losses on Financial Instruments 2016 13” 2016 13 December 15, 2019 2016 13 not In February 2016, No. 2016 02, Leases 2016 02” 12 December 15, 2018, 2016 02 In January 2018, No. 2018 01, Leases (Topic 842 ) 2018 01” not 842 not 840. not 2016 02. In July 2018, No. 2018 10, Codification Improvements to Topic 842, 2018 10” 2018 10 2018 10 2016 02 In July 2018, No. 2018 11, Leases (Topic 842 ), Targeted Improvements 2018 11” 2018 11 2016 02 first 2019. In May 2014, 2014 09, Revenue from Contracts with Customers ( 2014 09” 606” No. 2016 08 , Revenue from Contracts with Customers (ASU 2014 - 09 ), Principal versus Agent Considerations (Reporting Revenue Gross versus Net) No. 2016 10, Revenue from Contracts with Customers (ASU 2014 - 09 ), Identifying Performance Obligations and Licensing No. 2016 12, Revenue from Contracts with Customers (ASU 2014 - 09 ), Narrow-Scope Improvements and Practical Expedients. 2014 09, 2014 09 December 15, 2017, may 2014 09 January 1, 2018 “Adoption of Revenue Recognition Accounting Policy” 2014 09 In March 2016, No. 2016 08, Revenue from Contracts with Customers (ASU 2014 - 09 ), Principal versus Agent Considerations (Reporting Revenue Gross versus Net) 2016 08” 2016 08 two 2016 08 2014 09 2014 09 January 1, 2018 “Adoption of Revenue Recognition Accounting Policy” 2014 09 In April 2016, No. 2016 10, Revenue from Contracts with Customers (ASU 2014 - 09 ), Identifying Performance Obligations and Licensing 2016 10” 2016 10 2014 09 2016 10 2016 10 2016 10 2014 09 2014 09 January 1, 2018 “Adoption of Revenue Recognition Accounting Policy” 2014 09 In May 2016, No. 2016 12, Revenue from Contracts with Customers (ASU 2014 - 09 ), Narrow-Scope Improvements and Practical Expedients 2016 12” 2016 12 2016 12 2014 09 2014 09 January 1, 2018 “Adoption of Revenue Recognition Accounting Policy” 2014 09 Adoption of Revenue Recognition Accounting Policy Except for the changes below, we have consistently applied the accounting policies to all periods presented in these condensed consolidated financial statements. We adopted ASC 606 January 1, 2018. We applied ASC 606 606 January 1, 2018. not Essentially all of our revenue is generated through contracts with our customers. We may not may one not not one We have elected to utilize the practical expedient to recognize the incremental costs of obtaining a contract as an expense when incurred because the amortization period for the prepaid costs that would have otherwise been deferred and amortized is one not Note 5 – Commitments and Contingent Liabilities not Revenue for parts sales for all segments is recognized at the time that control and risk of ownership has passed to the customer, which is generally when the ordered part is shipped to the customer. Historical return rates on parts sales have been immaterial. Accordingly, no For certain of our vehicles and chassis, we sell separately priced service contracts that provide roadside assistance or extend certain warranty coverage beyond our base warranty agreements. These separately priced contracts range from 1 6 Distinct revenue recognition policies for our segments are as follows: Fleet Vehicles and Services Our walk-in vans and truck bodies are generally built on a chassis that is owned and controlled by the customer. Due to the customer ownership of the chassis, the performance obligation for these walk-in vans and truck bodies is satisfied as the vehicles are built. Accordingly, the revenue and corresponding cost of products sold associated with these contracts are recognized over time based on the inputs completed for a given performance obligation during the reporting period. Certain contracts will specify that a walk-in van or truck body is to be built on a chassis that we purchase and subsequently sell to the customer. The revenue on these contracts is recognized at the time that the performance obligation is satisfied and control and risk of ownership has passed to the customer, which is generally upon shipment of the vehicle from our manufacturing facility to the customer or receipt of the vehicle by the customer, depending on contract terms. We have elected to treat shipping and handling costs subsequent to transfer of control as fulfillment activities and, accordingly, recognize these costs as the revenue is recognized. Revenue for up-fit and field service contracts is recognized over time, as equipment is installed in the customer’s vehicle or as repairs and enhancements are made to the customer’s vehicles. Revenue and the corresponding cost of products sold is estimated based on the inputs completed for a given performance obligation. Our performance obligation for up-fit and field service contracts is satisfied when the equipment installation or repairs and enhancements of the customer’s vehicle has been completed. Payment on our fleet vehicles and services performance obligations is received an average of 35 Emergency Response Vehicles Our emergency response chassis and apparatuses are generally manufactured to order based on customer-supplied specifications. Due to the custom nature of the products and the attributes of the contracts, we do not 48 103 Revenue on certain emergency response chassis and apparatuses that are sold from stock or utilized as demonstration units is recognized at the point in time that the contract is received. Revenue related to modifications made to trucks sold from stock or that were utilized as demonstration units is recognized over time as the modifications are completed. Payment is received an average of 60 Specialty Chassis and Vehicles We recognize revenue and the corresponding cost of products sold on the sale of motor home chassis when the performance obligation is completed and control and risk of ownership of the chassis has passed to our customer, which is generally upon shipment of the chassis to the customer. Revenue and the corresponding cost of products sold associated with other specialty chassis is recognized over time based on the inputs completed for a given performance obligation during the reporting period. The performance obligations for other specialty chassis contracts are satisfied as the products are assembled. Payment is received an average of 24 The tables below present the impacts of our adoption of the new revenue standard on our income statement and balance sheet. Three Months Ended September 30, 2018 As Reported Balances Without Adoption of ASC 606 Effect of Change Higher/(Lower) Income Statement Sales $ 226,183 $ 231,089 $ (4,906 ) Cost of products sold 199,965 204,613 (4,648 ) Taxes 1,037 1,055 (18 ) Net income 5,243 5,483 (240 ) Nine Months Ended September 30, 2018 As Reported Balances Without Adoption of ASC 606 Effect of Change Higher/(Lower) Income Statement Sales $ 583,203 $ 588,806 $ (5,603 ) Cost of products sold 508,457 514,865 (6,408 ) Taxes 2,527 2,300 227 Net income 13,180 12,602 578 September 30, 2018 As Reported Balances Without Adoption of ASC 606 Effect of Change Higher/(Lower) Balance Sheet Assets Contract assets $ 43,576 $ - $ 43,576 Inventories 75,759 121,158 (45,399 ) Net deferred tax asset 5,627 6,524 (897 ) Liabilities Deposits from customers 15,074 22,562 (7,488 ) Other current liabilities and accrued expenses 9,946 9,422 542 Equity Retained earnings 103,944 99,700 4,244 The table below presents the cumulative effect of the changes made to our consolidated January 1, 2018 606. December 31, 2017 Transition adjustments January 1, 2018 Assets Contract assets $ - $ 30,559 $ 30,559 Inventory 77,692 (32,933 ) 44,759 Net deferred tax asset 7,284 (897 ) 6,387 Liabilities Deposits from customers 25,422 (7,234 ) 18,188 Other current liabilities and accrued expenses 12,071 295 12,366 Equity Retained earnings 88,855 3,668 92,523 Contract assets and liabilities The tables below disclose changes in contract assets and liabilities as of the periods indicated. Contract assets Opening balance (January 1, 2018) $ 30,559 Reclassification of the beginning contract assets to receivables, as the result of rights to consideration becoming unconditional (30,554 ) Contract assets recognized, net of reclassification to receivables 43,571 Net change 13,017 Ending balance (September 30, 2018) $ 43,576 Contract liabilities Opening balance (January 1, 2018) $ 18,188 Reclassification of the beginning contract liabilities to revenue, as the result of performance obligations satisfied (12,329 ) Cash received in advance and not recognized as revenue 9,215 Net change (3,114 ) Ending balance (September 30, 2018) $ 15,074 The aggregate amount of the transaction price allocated to remaining performance obligations in existing contracts that are yet to be completed are expected to be recognized as revenue in the following annual time-periods: 1-12 Months (1) 13 Months and beyond (1) Total Revenue expected to be recognized as of September 30, 2018: Fleet Vehicles and Services $ 271,708 $ 3,508 $ 275,216 Emergency Response Vehicles 170,712 5,864 176,576 Specialty Chassis and Vehicles 34,035 37 34,072 Total $ 476,455 $ 9,409 $ 485,864 ( 1 Revenue above includes amounts related to extended warranties and roadside assistance contracts of $209 $37 one 12 $668 $37 13 For performance obligations that are satisfied over time, revenue is expected to be recognized evenly over the time period to complete the contract due to the assembly line nature of the business operations. For performance obligations that are satisfied at a point in time, revenue is expected to be recognized when the customer obtains control of the product, which is generally upon shipment from our facility. No In the following tables, revenue is disaggregated by primary geographical market and timing of revenue recognition for the three nine September 30, 2018. Three Months Ended September 30, 2018 Fleet Vehicles and Services Emergency Response Vehicles Specialty Chassis and Vehicles Total Reportable Segments Other Total Primary geographical markets United States $ 106,531 $ 49,861 $ 51,626 $ 208,018 $ (4,188 ) $ 203,830 Other 11,902 10,402 49 22,353 - 22,353 Total sales $ 118,433 $ 60,263 $ 51,675 $ 230,371 $ (4,188 ) $ 226,183 Timing of revenue recognition Products transferred at a point in time $ 38,153 $ 5,795 $ 42,034 $ 85,982 $ - $ 85,982 Products and services transferred over time 80,280 54,468 9,641 144,389 (4,188 ) 140,201 Total sales $ 118,433 $ 60,263 $ 51,675 $ 230,371 $ (4,188 ) $ 226,183 Nine Months Ended September 30, 2018 Fleet Vehicles and Services Emergency Response Vehicles Specialty Chassis and Vehicles Total Reportable Segments Other Total Primary geographical markets United States $ 240,871 $ 162,559 $ 147,204 $ 550,634 $ (7,318 ) $ 543,316 Other 15,669 24,032 186 39,887 - 39,887 Total sales $ 256,540 $ 186,591 $ 147,390 $ 590,521 $ (7,318 ) $ 583,203 Timing of revenue recognition Products transferred at a point in time $ 65,947 $ 16,403 $ 123,504 $ 205,854 $ - $ 205,854 Products and services transferred over time 190,593 170,188 23,886 384,667 (7,318 ) 377,349 Total sales $ 256,540 $ 186,591 $ 147,390 $ 590,521 $ (7,318 ) $ 583,203

Note 1 - General and Summary _2

Note 1 - General and Summary of Accounting Policies (Tables)	9 Months Ended
	Sep. 30, 2018
Notes Tables
Schedule of New Accounting Pronouncements and Changes in Accounting Principles [Table Text Block]	Three Months Ended September 30, 2018 As Reported Balances Without Adoption of ASC 606 Effect of Change Higher/(Lower) Income Statement Sales $ 226,183 $ 231,089 $ (4,906 ) Cost of products sold 199,965 204,613 (4,648 ) Taxes 1,037 1,055 (18 ) Net income 5,243 5,483 (240 ) Nine Months Ended September 30, 2018 As Reported Balances Without Adoption of ASC 606 Effect of Change Higher/(Lower) Income Statement Sales $ 583,203 $ 588,806 $ (5,603 ) Cost of products sold 508,457 514,865 (6,408 ) Taxes 2,527 2,300 227 Net income 13,180 12,602 578 September 30, 2018 As Reported Balances Without Adoption of ASC 606 Effect of Change Higher/(Lower) Balance Sheet Assets Contract assets $ 43,576 $ - $ 43,576 Inventories 75,759 121,158 (45,399 ) Net deferred tax asset 5,627 6,524 (897 ) Liabilities Deposits from customers 15,074 22,562 (7,488 ) Other current liabilities and accrued expenses 9,946 9,422 542 Equity Retained earnings 103,944 99,700 4,244 December 31, 2017 Transition adjustments January 1, 2018 Assets Contract assets $ - $ 30,559 $ 30,559 Inventory 77,692 (32,933 ) 44,759 Net deferred tax asset 7,284 (897 ) 6,387 Liabilities Deposits from customers 25,422 (7,234 ) 18,188 Other current liabilities and accrued expenses 12,071 295 12,366 Equity Retained earnings 88,855 3,668 92,523
Contract with Customer, Asset and Liability [Table Text Block]	Contract assets Opening balance (January 1, 2018) $ 30,559 Reclassification of the beginning contract assets to receivables, as the result of rights to consideration becoming unconditional (30,554 ) Contract assets recognized, net of reclassification to receivables 43,571 Net change 13,017 Ending balance (September 30, 2018) $ 43,576 Contract liabilities Opening balance (January 1, 2018) $ 18,188 Reclassification of the beginning contract liabilities to revenue, as the result of performance obligations satisfied (12,329 ) Cash received in advance and not recognized as revenue 9,215 Net change (3,114 ) Ending balance (September 30, 2018) $ 15,074
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Table Text Block]	1-12 Months (1) 13 Months and beyond (1) Total Revenue expected to be recognized as of September 30, 2018: Fleet Vehicles and Services $ 271,708 $ 3,508 $ 275,216 Emergency Response Vehicles 170,712 5,864 176,576 Specialty Chassis and Vehicles 34,035 37 34,072 Total $ 476,455 $ 9,409 $ 485,864
Disaggregation of Revenue [Table Text Block]	Three Months Ended September 30, 2018 Fleet Vehicles and Services Emergency Response Vehicles Specialty Chassis and Vehicles Total Reportable Segments Other Total Primary geographical markets United States $ 106,531 $ 49,861 $ 51,626 $ 208,018 $ (4,188 ) $ 203,830 Other 11,902 10,402 49 22,353 - 22,353 Total sales $ 118,433 $ 60,263 $ 51,675 $ 230,371 $ (4,188 ) $ 226,183 Timing of revenue recognition Products transferred at a point in time $ 38,153 $ 5,795 $ 42,034 $ 85,982 $ - $ 85,982 Products and services transferred over time 80,280 54,468 9,641 144,389 (4,188 ) 140,201 Total sales $ 118,433 $ 60,263 $ 51,675 $ 230,371 $ (4,188 ) $ 226,183 Nine Months Ended September 30, 2018 Fleet Vehicles and Services Emergency Response Vehicles Specialty Chassis and Vehicles Total Reportable Segments Other Total Primary geographical markets United States $ 240,871 $ 162,559 $ 147,204 $ 550,634 $ (7,318 ) $ 543,316 Other 15,669 24,032 186 39,887 - 39,887 Total sales $ 256,540 $ 186,591 $ 147,390 $ 590,521 $ (7,318 ) $ 583,203 Timing of revenue recognition Products transferred at a point in time $ 65,947 $ 16,403 $ 123,504 $ 205,854 $ - $ 205,854 Products and services transferred over time 190,593 170,188 23,886 384,667 (7,318 ) 377,349 Total sales $ 256,540 $ 186,591 $ 147,390 $ 590,521 $ (7,318 ) $ 583,203

Note 2 - Inventories (Tables)

Note 2 - Inventories (Tables)	9 Months Ended
	Sep. 30, 2018
Notes Tables
Schedule of Inventory, Current [Table Text Block]	September 30, December 31, 2018 2017 Finished goods $ 16,780 $ 15,539 Work in process 7,173 15,980 Raw materials and purchased components 55,863 49,159 Reserve for slow-moving inventory (4,057 ) (2,986 ) Total inventory $ 75,759 $ 77,692

Note 3 - Debt (Tables)

Note 3 - Debt (Tables)	9 Months Ended
	Sep. 30, 2018
Notes Tables
Schedule of Long-term Debt Instruments [Table Text Block]	September 30, December 31, Line of credit revolver (1) $ 18,461 $ 17,800 Capital lease obligations 161 189 Total debt 18,622 17,989 Less current portion of long-term debt (62 ) (64 ) Total long-term debt $ 18,560 $ 17,925

Note 4 - Restructuring (Tables)

Note 4 - Restructuring (Tables)	9 Months Ended
	Sep. 30, 2018
Notes Tables
Schedule of Restructuring Reserve by Type of Cost [Table Text Block]	Three Months Ended September 30, 2018 Fleet Vehicles and Services Emergency Response Vehicles Specialty Chassis and Vehicles Other Total Cost of products sold Accrual for severance $ - $ 15 $ 10 $ - $ 25 Selling, general and administrative Accrual for severance - 159 161 11 331 Production relocation - 145 - - 145 Total Selling, general and administrative - 304 161 11 476 Total restructuring $ - $ 319 $ 171 $ 11 $ 501 Nine Months Ended September 30, 2018 Fleet Vehicles and Services Emergency Response Vehicles Specialty Chassis and Vehicles Other Total Cost of products sold Accrual for severance $ - $ 15 $ 10 $ - $ 25 Selling, general and administrative Accrual for severance - 497 164 486 1,147 Production relocation 145 - - 145 Total Selling, general and administrative - 642 164 486 1,292 Total restructuring $ - $ 657 $ 174 $ 486 $ 1,317 Three Months Ended September 30, 2017 Fleet Vehicles and Services Emergency Response Vehicles Specialty Chassis and Vehicles Other Total Cost of products sold Accrual for severance $ - $ - $ - $ - $ - Selling, general and administrative Accrual for severance 232 - - - 232 Total restructuring $ 232 $ - $ - $ - $ 232 Nine Months Ended September 30, 2017 Fleet Vehicles and Services Emergency Response Vehicles Specialty Chassis and Vehicles Other Total Cost of products sold Accrual for severance $ 97 $ 43 $ 16 $ - $ 156 Selling, general and administrative Accrual for severance 547 367 79 51 1,044 Total restructuring $ 644 $ 410 $ 95 $ 51 $ 1,200
Restructuring and Related Costs [Table Text Block]	Severance Balance, January 1, 2018 $ 11 Accrual for severance 20 Payments and adjustments made in period (27 ) Balance, March 31, 2018 4 Accrual for severance 797 Payments and adjustments made in period (4 ) Balance, June 30, 2018 797 Accrual for severance 356 Payments and adjustments made in period (559 ) Balance, September 30, 2018 $ 594

Note 5 - Commitments and Cont_2

Note 5 - Commitments and Contingent Liabilities (Tables)	9 Months Ended
	Sep. 30, 2018
Notes Tables
Schedule of Product Warranty Liability [Table Text Block]	2018 2017 Balance of accrued warranty at January 1 $ 18,268 $ 19,334 Warranties issued during the period 5,381 5,717 Cash settlements made during the period (8,093 ) (10,036 ) Changes in liability for pre-existing warranties during the period, including expirations 687 1,082 Assumed warranties outstanding at Smeal on January 1, 2017 - 3,689 Balance of accrued warranty at September 30 $ 16,243 $ 19,786

Note 7 - Interest and Other I_2

Note 7 - Interest and Other Income (Tables)	9 Months Ended
	Sep. 30, 2018
Notes Tables
Interest and Other Income [Table Text Block]	Three Months Ended September 30, Nine Months Ended September 30, 2018 2017 2018 2017 Net working capital settlement from acquisition of Smeal (1) $ - $ - $ 1,500 $ - Gain from adjustment of contingent liability from acquisition of Smeal (2) - - 693 - Other miscellaneous 156 159 388 438 Total interest and other income $ 156 $ 159 $ 2,581 $ 438

Note 8 - Business Segments (Tab

Note 8 - Business Segments (Tables)	9 Months Ended
	Sep. 30, 2018
Notes Tables
Schedule of Segment Reporting Information, by Segment [Table Text Block]	Fleet Vehicles and Services Emergency Response Vehicles Specialty Chassis and Vehicles Eliminations and Other Consolidated Fleet vehicle sales $ 91,984 $ - $ 4,188 $ (4,188 ) $ 91,984 Emergency response vehicle sales - 57,549 - - 57,549 Motor home chassis sales - - 38,892 - 38,892 Other specialty vehicle sales - - 5,453 - 5,453 Aftermarket parts and accessories sales 26,449 2,714 3,142 - 32,305 Total sales $ 118,433 $ 60,263 $ 51,675 $ (4,188 ) $ 226,183 Depreciation and amortization expense $ 603 $ 625 $ 357 $ 1,015 $ 2,600 Adjusted EBITDA 7,243 601 5,919 (3,180 ) 10,583 Segment assets 109,139 139,060 41,545 60,151 349,895 Capital expenditures 250 304 19 2,739 3,312 Fleet Vehicles and Services Emergency Response Vehicles Specialty Chassis and Vehicles Eliminations and Other Consolidated Fleet vehicle sales $ 66,850 $ - $ 4,312 $ (4,312 ) $ 66,850 Emergency response vehicle sales - 63,369 - - 63,369 Motor home chassis sales - - 37,034 - 37,034 Other specialty vehicle sales - - 4,738 - 4,738 Aftermarket parts and accessories sales 11,787 2,503 2,934 - 17,224 Total sales $ 78,637 $ 65,872 $ 49,018 $ (4,312 ) $ 189,215 Depreciation and amortization expense $ 856 $ 575 $ 368 $ 846 $ 2,645 Adjusted EBITDA 8,785 2,501 5,149 (3,541 ) 12,894 Segment assets 78,766 131,806 32,770 77,524 320,866 Capital expenditures 66 499 28 731 1,324 Fleet Vehicles and Services Emergency Response Vehicles Specialty Chassis and Vehicles Eliminations and Other Consolidated Fleet vehicle sales $ 194,917 $ - $ 7,318 $ (7,318 ) $ 194,917 Emergency response vehicle sales - 178,592 - - 178,592 Motor home chassis sales - - 115,643 - 115,643 Other specialty vehicle sales - - 16,568 - 16,568 Aftermarket parts and accessories sales 61,623 7,999 7,861 - 77,483 Total sales $ 256,540 $ 186,591 $ 147,390 $ (7,318 ) $ 583,203 Depreciation and amortization expense $ 1,780 $ 1,877 $ 1,092 $ 2,889 $ 7,638 Adjusted EBITDA 20,205 2,038 13,431 (10,601 ) 25,073 Segment assets 109,139 139,060 41,545 60,151 349,895 Capital expenditures 1,815 459 116 5,005 7,395 Fleet Vehicles and Services Emergency Response Vehicles Specialty Chassis and Vehicles Eliminations and Other Consolidated Fleet vehicle sales $ 154,178 $ - $ 4,739 $ (4,739 ) $ 154,178 Emergency response vehicle sales - 220,112 - - 220,112 Motor home chassis sales - - 91,280 - 91,280 Other specialty vehicle sales - - 13,753 - 13,753 Aftermarket parts and accessories sales 31,909 6,810 7,987 - 46,706 Total sales $ 186,087 $ 226,922 $ 117,759 $ (4,739 ) $ 526,029 Depreciation and amortization expense $ 2,618 $ 1,711 $ 942 $ 2,064 $ 7,335 Adjusted EBITDA 21,203 510 9,415 (9,098 ) 22,030 Segment assets 78,766 131,806 32,770 77,524 320,866 Capital expenditures 342 1,216 270 1,934 3,762
Schedule of Earnings Before Interest, Taxes, Depreciation and Amortization [Table Text Block]	Three Months Ended September 30, Nine Months Ended September 30, 2018 2017 2018 2017 Total segment adjusted EBITDA $ 13,763 $ 16,435 $ 35,674 $ 31,128 Add (subtract): Interest expense (225 ) (189 ) (817 ) (582 ) Depreciation and amortization expense (2,600 ) (2,645 ) (7,638 ) (7,335 ) Restructuring expense (501 ) (232 ) (1,317 ) (1,200 ) Acquisition expense (267 ) (354 ) (802 ) (1,085 ) Recall expense (112 ) 368 331 368 Litigation settlement (321 ) - (321 ) - Long-term strategic planning expense (277 ) - (995 ) - Impact of acquisition on timing of chassis revenue recognition - (108 ) - (2,074 ) Impact of step-up in inventory value resulting from acquisition - - - (189 ) Impact of acquisition adjustments for net working capital and contingent liability - - 2,193 - Unallocated corporate expenses (3,180 ) (3,541 ) (10,601 ) (9,098 ) Consolidated income before taxes $ 6,280 $ 9,734 $ 15,707 $ 9,933

Note 1 - General and Summary _3

Note 1 - General and Summary of Accounting Policies (Details Textual) - USD ($) $ in Thousands		Sep. 30, 2018	Jun. 30, 2018
Revenue, Remaining Performance Obligation, Amount			$ 485,864
Short-term Contract with Customer [Member] | Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2018-10-01
Revenue, Remaining Performance Obligation, Amount	[1]		$ 476,455
Extended Warranties [Member] | Short-term Contract with Customer [Member] | Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2018-10-01
Revenue, Remaining Performance Obligation, Amount		$ 209
Extended Warranties [Member] | Short-term Contract with Customer [Member] | Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2019-01-01
Revenue, Remaining Performance Obligation, Amount		668
Roadside Assistance Contract [Member] | Short-term Contract with Customer [Member] | Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2018-10-01
Revenue, Remaining Performance Obligation, Amount		37
Roadside Assistance Contract [Member] | Short-term Contract with Customer [Member] | Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2019-01-01
Revenue, Remaining Performance Obligation, Amount		$ 37
[1]	Revenue above includes amounts related to extended warranties and roadside assistance contracts of $209 and $37 for one to 12 months and $668 and $37 for 13 months and beyond, respectively.

Note 1 - General and Summary _4

Note 1 - General and Summary of Accounting Policies - Impacts of Adoption of New Revenue Standard (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2018	Sep. 30, 2017	Sep. 30, 2018	Sep. 30, 2017	Jan. 01, 2018	Dec. 31, 2017
Sales	$ 226,183	$ 189,215	$ 583,203	$ 526,029
Cost of products sold	199,965	160,564	508,457	461,327
Taxes	1,037	(3,736)	2,527	(3,561)
Net income	5,243	$ 13,470	13,180	$ 13,494
Contract assets	43,576		43,576		$ 30,559
Inventories	75,759		75,759		44,759	77,692
Net deferred tax asset	5,627		5,627		6,387	7,284
Deposits from customers	15,074		15,074		18,188	25,422
Other current liabilities and accrued expenses	9,946		9,946		12,366	12,071
Retained earnings	103,944		103,944		92,523	$ 88,855
Accounting Standards Update 2014-09 [Member]
Contract assets					30,559
Inventories					(32,933)
Net deferred tax asset					(897)
Deposits from customers					(7,234)
Other current liabilities and accrued expenses					295
Retained earnings					$ 3,668
Calculated under Revenue Guidance in Effect before Topic 606 [Member]
Sales	231,089		588,806
Cost of products sold	204,613		514,865
Taxes	1,055		2,300
Net income	5,483		12,602
Contract assets
Inventories	121,158		121,158
Net deferred tax asset	6,524		6,524
Deposits from customers	22,562		22,562
Other current liabilities and accrued expenses	9,422		9,422
Retained earnings	99,700		99,700
Difference between Revenue Guidance in Effect before and after Topic 606 [Member] | Accounting Standards Update 2014-09 [Member]
Sales	(4,906)		(5,603)
Cost of products sold	(4,648)		(6,408)
Taxes	(18)		227
Net income	(240)		578
Contract assets	43,576		43,576
Inventories	(45,399)		(45,399)
Net deferred tax asset	(897)		(897)
Deposits from customers	(7,488)		(7,488)
Other current liabilities and accrued expenses	542		542
Retained earnings	$ 4,244		$ 4,244

Note 1 - General and Summary _5

Note 1 - General and Summary of Accounting Policies - Contract Assets and Liabilities (Details) $ in Thousands	9 Months Ended
	Sep. 30, 2018USD ($)
Opening balance, contract assets	$ 30,559
Reclassification of the beginning contract assets to receivables, as the result of rights to consideration becoming unconditional	(30,554)
Contract assets recognized, net of reclassification to receivables	43,571
Net change, contract assets	13,017
Ending balance, contract assets	43,576
Opening balance, contract liabilities	18,188
Reclassification of the beginning contract liabilities to revenue, as the result of performance obligations satisfied	(12,329)
Cash received in advance and not recognized as revenue	9,215
Net change, contract liabilities	(3,114)
Ending balance, contract liabilities	$ 15,074

Note 1 - General and Summary _6

Note 1 - General and Summary of Accounting Policies - Revenue Expected to Be Recognized (Details) $ in Thousands	Jun. 30, 2018USD ($)
Revenue expected to be recognized	$ 485,864
Fleet Vehicles and Services [Member]
Revenue expected to be recognized	275,216
Emergency Response Vehicles [Member]
Revenue expected to be recognized	176,576
Specialty Chassis and Vehicles [Member]
Revenue expected to be recognized	$ 34,072

Note 1 - General and Summary _7

Note 1 - General and Summary of Accounting Policies - Revenue Expected to Be Recognized 2 (Details) $ in Thousands	Jun. 30, 2018USD ($)
Revenue expected to be recognized	$ 485,864
Short-term Contract with Customer [Member] | Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2018-10-01
Revenue expected to be recognized	476,455	[1]
Long-term Contract with Customer [Member] | Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2019-01-01
Revenue expected to be recognized	9,409	[1]
Fleet Vehicles and Services [Member]
Revenue expected to be recognized	275,216
Fleet Vehicles and Services [Member] | Short-term Contract with Customer [Member] | Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2018-10-01
Revenue expected to be recognized	271,708	[1]
Fleet Vehicles and Services [Member] | Long-term Contract with Customer [Member] | Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2019-01-01
Revenue expected to be recognized	3,508	[1]
Emergency Response Vehicles [Member]
Revenue expected to be recognized	176,576
Emergency Response Vehicles [Member] | Short-term Contract with Customer [Member] | Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2018-10-01
Revenue expected to be recognized	170,712	[1]
Emergency Response Vehicles [Member] | Long-term Contract with Customer [Member] | Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2019-01-01
Revenue expected to be recognized	5,864	[1]
Specialty Chassis and Vehicles [Member]
Revenue expected to be recognized	34,072
Specialty Chassis and Vehicles [Member] | Short-term Contract with Customer [Member] | Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2018-10-01
Revenue expected to be recognized	34,035	[1]
Specialty Chassis and Vehicles [Member] | Long-term Contract with Customer [Member] | Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2019-01-01
Revenue expected to be recognized	$ 37	[1]
[1]	Revenue above includes amounts related to extended warranties and roadside assistance contracts of $209 and $37 for one to 12 months and $668 and $37 for 13 months and beyond, respectively.

Note 1 - General and Summary _8

Note 1 - General and Summary of Accounting Policies - Disaggregated Revenue (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2018	Sep. 30, 2017	Sep. 30, 2018	Sep. 30, 2017
Revenues	$ 226,183	$ 189,215	$ 583,203	$ 526,029
Transferred at Point in Time [Member]
Revenues	85,982		205,854
Transferred over Time [Member]
Revenues	140,201		377,349
Operating Segments [Member]
Revenues	230,371		590,521
Operating Segments [Member] | Transferred at Point in Time [Member]
Revenues	85,982		205,854
Operating Segments [Member] | Transferred over Time [Member]
Revenues	144,389		384,667
Consolidation, Eliminations [Member]
Revenues	(4,188)	(4,312)	(7,318)	(4,739)
Consolidation, Eliminations [Member] | Transferred at Point in Time [Member]
Revenues
Consolidation, Eliminations [Member] | Transferred over Time [Member]
Revenues	(4,188)		(7,318)
Fleet Vehicles and Services [Member] | Operating Segments [Member]
Revenues	118,433	78,637	256,540	186,087
Fleet Vehicles and Services [Member] | Operating Segments [Member] | Transferred at Point in Time [Member]
Revenues	38,153		65,947
Fleet Vehicles and Services [Member] | Operating Segments [Member] | Transferred over Time [Member]
Revenues	80,280		190,593
Emergency Response Vehicles [Member] | Operating Segments [Member]
Revenues	60,263	65,872	186,591	226,922
Emergency Response Vehicles [Member] | Operating Segments [Member] | Transferred at Point in Time [Member]
Revenues	5,795		16,403
Emergency Response Vehicles [Member] | Operating Segments [Member] | Transferred over Time [Member]
Revenues	54,468		170,188
Specialty Chassis and Vehicles [Member] | Operating Segments [Member]
Revenues	51,675	$ 49,018	147,390	$ 117,759
Specialty Chassis and Vehicles [Member] | Operating Segments [Member] | Transferred at Point in Time [Member]
Revenues	42,034		123,504
Specialty Chassis and Vehicles [Member] | Operating Segments [Member] | Transferred over Time [Member]
Revenues	9,641		23,886
UNITED STATES
Revenues	203,830		543,316
UNITED STATES | Operating Segments [Member]
Revenues	208,018		550,634
UNITED STATES | Consolidation, Eliminations [Member]
Revenues	(4,188)		(7,318)
UNITED STATES | Fleet Vehicles and Services [Member] | Operating Segments [Member]
Revenues	106,531		240,871
UNITED STATES | Emergency Response Vehicles [Member] | Operating Segments [Member]
Revenues	49,861		162,559
UNITED STATES | Specialty Chassis and Vehicles [Member] | Operating Segments [Member]
Revenues	51,626		147,204
Non-US [Member]
Revenues	22,353		39,887
Non-US [Member] | Operating Segments [Member]
Revenues	22,353		39,887
Non-US [Member] | Consolidation, Eliminations [Member]
Revenues
Non-US [Member] | Fleet Vehicles and Services [Member] | Operating Segments [Member]
Revenues	11,902		15,669
Non-US [Member] | Emergency Response Vehicles [Member] | Operating Segments [Member]
Revenues	10,402		24,032
Non-US [Member] | Specialty Chassis and Vehicles [Member] | Operating Segments [Member]
Revenues	$ 49		$ 186

Note 2 - Inventories (Details T

Note 2 - Inventories (Details Textual) - USD ($) $ in Thousands	Sep. 30, 2018	Dec. 31, 2017
Other Inventory, Demo, Gross	$ 4,816	$ 7,435

Note 2 - Inventories - Summary

Note 2 - Inventories - Summary of Inventories (Details) - USD ($) $ in Thousands	Sep. 30, 2018	Jan. 01, 2018	Dec. 31, 2017
Finished goods	$ 16,780		$ 15,539
Work in process	7,173		15,980
Raw materials and purchased components	55,863		49,159
Reserve for slow-moving inventory	(4,057)		(2,986)
Total inventory	$ 75,759	$ 44,759	$ 77,692

Note 3 - Debt (Details Textual)

Note 3 - Debt (Details Textual) - USD ($) $ in Thousands	Aug. 08, 2018	Dec. 01, 2017	Sep. 30, 2018	Dec. 31, 2017
Line of Credit Facility, Current Borrowing Capacity			$ 116,100	$ 66,400
Letter of Credit [Member]
Line of Credit Facility, Maximum Borrowing Capacity			$ 20,000	$ 20,000
Lenders [Member] | Revolving Credit Facility [Member]
Line of Credit Facility, Maximum Borrowing Capacity	$ 150,000
Debt Instrument, Term	5 years
Line of Credit Facility, Potential Increase Borrowing Capacity	$ 75,000
Debt Instrument Reference Rate Term	30 days
Line of Credit Facility, Interest Rate at Period End			3.4375%
Lenders [Member] | Revolving Credit Facility [Member] | Federal Funds Effective Swap Rate [Member]
Debt Instrument, Basis Spread on Variable Rate	0.50%
Lenders [Member] | Revolving Credit Facility [Member] | London Interbank Offered Rate (LIBOR) [Member]
Debt Instrument, Basis Spread on Variable Rate	1.00%		1.25%
Lenders [Member] | Letter of Credit [Member]
Line of Credit Facility, Maximum Borrowing Capacity	$ 20,000
Lenders [Member] | Swing Line Loans [Member]
Line of Credit Facility, Maximum Borrowing Capacity	$ 15,000
Wells Fargo, JPMorgan Chase Bank, N.A.and PNC Bank [Member] | Revolving Credit Facility [Member]
Line of Credit Facility, Maximum Borrowing Capacity		$ 100,000
Debt Instrument, Term		3 years

Note 3 - Debt - Schedule of Lon

Note 3 - Debt - Schedule of Long-term Debt (Details) - USD ($) $ in Thousands		Sep. 30, 2018	Dec. 31, 2017
Long-term Line of Credit, Total	[1]	$ 18,461	$ 17,800
Capital lease obligations		161	189
Total debt		18,622	17,989
Less current portion of long-term debt		(62)	(64)
Total long-term debt		$ 18,560	$ 17,925
[1]	On August 8, 2018, we entered into a Credit Agreement (the "Credit Agreement") by and among us, certain of our subsidiaries, Wells Fargo Bank, N.A., as administrative agent ("Wells Fargo"), and the lenders party thereto consisting of Wells Fargo, JPMorgan Chase Bank, N.A. and PNC Bank National Association (the "Lenders"). Under the Credit Agreement, we may borrow up to $150,000 from the Lenders under a five-year secured revolving credit facility. The credit facility matures August 8, 2023. We may also request an increase in the facility of up to $75,000 in the aggregate, subject to customary conditions. The credit facility is also available for the issuance of letters of credit of up to $20,000 and swing line loans of up to $15,000, subject to certain limitations and restrictions. This line carries an interest rate of either (i) the highest of prime rate, the federal funds effective rate from time to time plus 0.5%, or the one month adjusted LIBOR plus 1.0%; or (ii) adjusted LIBOR plus margin based upon our ratio of debt to earnings from time to time. During the quarter ended September 30, 2018, and in future years, our revolving credit facility was utilized, and will continue to be utilized, to finance commercial chassis received under chassis bailment inventory agreements with GM and Chrysler. This funding is reflected as a reduction of the revolving credit facility available to us equal to the amount drawn by GM and Chrysler. See Note 5, Commitments and Contingent Liabilities for further details about these chassis bailment inventory agreements. The applicable borrowing rate including margin was 3.43750% (or one-month LIBOR plus 1.25%) at September 30, 2018. The credit facility is secured by security interests in, and liens on, all assets of the borrowers, other than real property and certain other excluded assets. On December 1, 2017, we entered into a First Amendment to the Second Amended and Restated Credit Agreement (the "First Credit Agreement") by and among us, certain of our subsidiaries, Wells Fargo, and the lenders party thereto consisting of Wells Fargo, JPMorgan Chase Bank, N.A. and PNC Bank National Association. Under the First Credit Agreement, we were able to borrow up to $100,000 under a three-year unsecured revolving credit facility. The First Credit Agreement expired when the "Credit Agreement" was entered into on August 8, 2018. This line carried an interest rate of the higher of either (i) the highest of prime rate, the federal funds effective rate plus 0.5%, or the one month adjusted LIBOR plus 1.00%; or (ii) adjusted LIBOR plus margin based upon our ratio of debt to earnings from time to time.

Note 4 - Restructuring - Restru

Note 4 - Restructuring - Restructuring Charges Included in Consolidated Statements of Operations (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2018	Sep. 30, 2017	Sep. 30, 2018	Sep. 30, 2017
Restructuring charges, cost of products sold	$ 25		$ 25	$ 156
Restructuring charges, general and administrative	476	232	1,292	1,044
Total restructuring	501	232	1,317	1,200
Total restructuring	501	232	1,317	1,200
Accrual Of Severance [Member]
Restructuring charges, cost of products sold	25		25	156
Restructuring charges, general and administrative	331	232	1,147	1,044
Production Relocation Costs [Member]
Restructuring charges, general and administrative	145		145
Fleet Vehicles and Services [Member]
Restructuring charges, general and administrative
Total restructuring		232		644
Total restructuring		232		644
Fleet Vehicles and Services [Member] | Accrual Of Severance [Member]
Restructuring charges, cost of products sold				97
Restructuring charges, general and administrative		232		547
Fleet Vehicles and Services [Member] | Production Relocation Costs [Member]
Restructuring charges, general and administrative
Emergency Response Vehicles [Member]
Restructuring charges, general and administrative	304		642
Total restructuring	319		657	410
Total restructuring	319		657	410
Emergency Response Vehicles [Member] | Accrual Of Severance [Member]
Restructuring charges, cost of products sold	15		15	43
Restructuring charges, general and administrative	159		497	367
Emergency Response Vehicles [Member] | Production Relocation Costs [Member]
Restructuring charges, general and administrative	145		145
Specialty Chassis and Vehicles [Member]
Restructuring charges, general and administrative	161		164
Total restructuring	171		174	95
Total restructuring	171		174	95
Specialty Chassis and Vehicles [Member] | Accrual Of Severance [Member]
Restructuring charges, cost of products sold	10		10	16
Restructuring charges, general and administrative	161		164	79
Specialty Chassis and Vehicles [Member] | Production Relocation Costs [Member]
Restructuring charges, general and administrative
Other Segments [Member]
Restructuring charges, general and administrative	11		486
Total restructuring	11		486	51
Total restructuring	11		486	51
Other Segments [Member] | Accrual Of Severance [Member]
Restructuring charges, cost of products sold
Restructuring charges, general and administrative	11		486	$ 51
Other Segments [Member] | Production Relocation Costs [Member]
Restructuring charges, general and administrative

Note 4 - Restructuring - Summar

Note 4 - Restructuring - Summary of Compensation Related Charges (Details) - Employee Severance [Member] - USD ($) $ in Thousands	3 Months Ended
	Sep. 30, 2018	Jun. 30, 2018	Mar. 31, 2018
Balance	$ 797	$ 4	$ 11
Accrual for severance	356	797	20
Payments and adjustments made in period	(559)	(4)	(27)
Accrual for severance	356	797	20
Payments and adjustments made in period	(559)	(4)	(27)
Balance	$ 594	$ 797	$ 4

Note 5 - Commitments and Cont_3

Note 5 - Commitments and Contingent Liabilities (Details Textual) - USD ($) $ in Thousands		9 Months Ended
		Sep. 30, 2018	Dec. 31, 2017
Letters of Credit Outstanding, Amount		$ 1,625	$ 754
Long-term Line of Credit, Total	[1]	18,461	17,800
Inventory Write-down		0
Letter of Credit [Member]
Line of Credit Facility, Maximum Borrowing Capacity		20,000	20,000
Revolving Credit Facility [Member] | GM [Member]
Line of Credit Facility, Capacity Available for Trade Purchases		10,000
Long-term Line of Credit, Total		$ 71	$ 57
[1]	On August 8, 2018, we entered into a Credit Agreement (the "Credit Agreement") by and among us, certain of our subsidiaries, Wells Fargo Bank, N.A., as administrative agent ("Wells Fargo"), and the lenders party thereto consisting of Wells Fargo, JPMorgan Chase Bank, N.A. and PNC Bank National Association (the "Lenders"). Under the Credit Agreement, we may borrow up to $150,000 from the Lenders under a five-year secured revolving credit facility. The credit facility matures August 8, 2023. We may also request an increase in the facility of up to $75,000 in the aggregate, subject to customary conditions. The credit facility is also available for the issuance of letters of credit of up to $20,000 and swing line loans of up to $15,000, subject to certain limitations and restrictions. This line carries an interest rate of either (i) the highest of prime rate, the federal funds effective rate from time to time plus 0.5%, or the one month adjusted LIBOR plus 1.0%; or (ii) adjusted LIBOR plus margin based upon our ratio of debt to earnings from time to time. During the quarter ended September 30, 2018, and in future years, our revolving credit facility was utilized, and will continue to be utilized, to finance commercial chassis received under chassis bailment inventory agreements with GM and Chrysler. This funding is reflected as a reduction of the revolving credit facility available to us equal to the amount drawn by GM and Chrysler. See Note 5, Commitments and Contingent Liabilities for further details about these chassis bailment inventory agreements. The applicable borrowing rate including margin was 3.43750% (or one-month LIBOR plus 1.25%) at September 30, 2018. The credit facility is secured by security interests in, and liens on, all assets of the borrowers, other than real property and certain other excluded assets. On December 1, 2017, we entered into a First Amendment to the Second Amended and Restated Credit Agreement (the "First Credit Agreement") by and among us, certain of our subsidiaries, Wells Fargo, and the lenders party thereto consisting of Wells Fargo, JPMorgan Chase Bank, N.A. and PNC Bank National Association. Under the First Credit Agreement, we were able to borrow up to $100,000 under a three-year unsecured revolving credit facility. The First Credit Agreement expired when the "Credit Agreement" was entered into on August 8, 2018. This line carried an interest rate of the higher of either (i) the highest of prime rate, the federal funds effective rate plus 0.5%, or the one month adjusted LIBOR plus 1.00%; or (ii) adjusted LIBOR plus margin based upon our ratio of debt to earnings from time to time.

Note 5 - Commitments and Cont_4

Note 5 - Commitments and Contingent Liabilities - Changes in Warranty Liability (Details) - USD ($) $ in Thousands	9 Months Ended
	Sep. 30, 2018	Sep. 30, 2017
Balance of accrued warranty	$ 18,268	$ 19,334
Warranties issued during the period	5,381	5,717
Cash settlements made during the period	(8,093)	(10,036)
Changes in liability for pre-existing warranties during the period, including expirations	687	1,082
Assumed warranties outstanding at Smeal on January 1, 2017		3,689
Balance of accrued warranty	$ 16,243	$ 19,786

Note 6 - Taxes (Details Textual

Note 6 - Taxes (Details Textual) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended		12 Months Ended
	Sep. 30, 2018	Sep. 30, 2017	Sep. 30, 2018	Sep. 30, 2017	Dec. 31, 2018	Dec. 31, 2017
Effective Income Tax Rate Reconciliation, Percent, Total	16.50%	38.40%	16.10%	35.90%
Increase (Decrease) in Income Tax Expense (Benefit)			$ (361)
Increase (Decrease) in Provisional Income Tax Expense (Benefit)			$ 373
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent			21.00%			35.00%
Effective Income Tax Rate Reconciliation, Share-based Compensation, Excess Tax Benefit, Amount			$ 1,403
Deferred Tax Assets, Valuation Allowance, Total		$ 6,577		$ 6,577
Scenario, Forecast [Member]
Effective Income Tax Rate Reconciliation, Percent, Total					25.00%

Note 7 - Interest and Other I_3

Note 7 - Interest and Other Income - Interest and Other Income (Details) - USD ($) $ in Thousands		3 Months Ended		9 Months Ended
		Sep. 30, 2018	Sep. 30, 2017	Sep. 30, 2018	Sep. 30, 2017
Net working capital settlement from acquisition of Smeal (1)	[1]			$ 1,500
Gain from adjustment of contingent liability from acquisition of Smeal (2)	[2]			693
Other miscellaneous		156	159	388	438
Total interest and other income		$ 156	$ 159	$ 2,581	$ 438
[1]	The net working capital settlement from the acquisition of Smeal was recorded to other income because the settlement occurred after the expiration of the measurement period on January 1, 2018.
[2]	This gain represents the reduction of a contingent liability from the Smeal acquisition that was made after the expiration of the measurement period on January 1, 2018.

Note 8 - Business Segments (Det

Note 8 - Business Segments (Details Textual)	9 Months Ended
	Sep. 30, 2018
Number of Reportable Segments	3

Note 8 - Business Segments - Se

Note 8 - Business Segments - Segment Reporting Information (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2018	Sep. 30, 2017	Sep. 30, 2018	Sep. 30, 2017	Dec. 31, 2017
Revenues	$ 226,183	$ 189,215	$ 583,203	$ 526,029
Depreciation and amortization expense	2,600	2,645	7,638	7,335
Adjusted EBITDA	10,583	12,894	25,073	22,030
Segment assets	349,895	320,866	349,895	320,866	$ 301,164
Capital expenditures	3,312	1,324	7,395	3,762
Fleet Vehicle Sales [Member]
Revenues	91,984	66,850	194,917	154,178
Emergency Response Vehicles Sales [Member]
Revenues	57,549	63,369	178,592	220,112
Motorhome Chassis [Member]
Revenues	38,892	37,034	115,643	91,280
Other Specialty Vehicles [Member]
Revenues	5,453	4,738	16,568	13,753
Aftermarket Parts and Accessories Sales [Member]
Revenues	32,305	17,224	77,483	46,706
Operating Segments [Member]
Revenues	230,371		590,521
Operating Segments [Member] | Fleet Vehicles and Services [Member]
Revenues	118,433	78,637	256,540	186,087
Depreciation and amortization expense	603	856	1,780	2,618
Adjusted EBITDA	7,243	8,785	20,205	21,203
Segment assets	109,139	78,766	109,139	78,766
Capital expenditures	250	66	1,815	342
Operating Segments [Member] | Fleet Vehicles and Services [Member] | Fleet Vehicle Sales [Member]
Revenues	91,984	66,850	194,917	154,178
Operating Segments [Member] | Fleet Vehicles and Services [Member] | Emergency Response Vehicles Sales [Member]
Revenues
Operating Segments [Member] | Fleet Vehicles and Services [Member] | Motorhome Chassis [Member]
Revenues
Operating Segments [Member] | Fleet Vehicles and Services [Member] | Other Specialty Vehicles [Member]
Revenues
Operating Segments [Member] | Fleet Vehicles and Services [Member] | Aftermarket Parts and Accessories Sales [Member]
Revenues	26,449	11,787	61,623	31,909
Operating Segments [Member] | Emergency Response Vehicles [Member]
Revenues	60,263	65,872	186,591	226,922
Depreciation and amortization expense	625	575	1,877	1,711
Adjusted EBITDA	601	2,501	2,038	510
Segment assets	139,060	131,806	139,060	131,806
Capital expenditures	304	499	459	1,216
Operating Segments [Member] | Emergency Response Vehicles [Member] | Fleet Vehicle Sales [Member]
Revenues
Operating Segments [Member] | Emergency Response Vehicles [Member] | Emergency Response Vehicles Sales [Member]
Revenues	57,549	63,369	178,592	220,112
Operating Segments [Member] | Emergency Response Vehicles [Member] | Motorhome Chassis [Member]
Revenues
Operating Segments [Member] | Emergency Response Vehicles [Member] | Other Specialty Vehicles [Member]
Revenues
Operating Segments [Member] | Emergency Response Vehicles [Member] | Aftermarket Parts and Accessories Sales [Member]
Revenues	2,714	2,503	7,999	6,810
Operating Segments [Member] | Specialty Chassis and Vehicles [Member]
Revenues	51,675	49,018	147,390	117,759
Depreciation and amortization expense	357	368	1,092	942
Adjusted EBITDA	5,919	5,149	13,431	9,415
Segment assets	41,545	32,770	41,545	32,770
Capital expenditures	19	28	116	270
Operating Segments [Member] | Specialty Chassis and Vehicles [Member] | Fleet Vehicle Sales [Member]
Revenues	4,188	4,312	7,318	4,739
Operating Segments [Member] | Specialty Chassis and Vehicles [Member] | Emergency Response Vehicles Sales [Member]
Revenues
Operating Segments [Member] | Specialty Chassis and Vehicles [Member] | Motorhome Chassis [Member]
Revenues	38,892	37,034	115,643	91,280
Operating Segments [Member] | Specialty Chassis and Vehicles [Member] | Other Specialty Vehicles [Member]
Revenues	5,453	4,738	16,568	13,753
Operating Segments [Member] | Specialty Chassis and Vehicles [Member] | Aftermarket Parts and Accessories Sales [Member]
Revenues	3,142	2,934	7,861	7,987
Consolidation, Eliminations [Member]
Revenues	(4,188)	(4,312)	(7,318)	(4,739)
Depreciation and amortization expense	1,015	846	2,889	2,064
Adjusted EBITDA	(3,180)	(3,541)	(10,601)	(9,098)
Segment assets	60,151	77,524	60,151	77,524
Capital expenditures	2,739	731	5,005	1,934
Consolidation, Eliminations [Member] | Fleet Vehicle Sales [Member]
Revenues	(4,188)	(4,312)	(7,318)	(4,739)
Consolidation, Eliminations [Member] | Emergency Response Vehicles Sales [Member]
Revenues
Consolidation, Eliminations [Member] | Motorhome Chassis [Member]
Revenues
Consolidation, Eliminations [Member] | Other Specialty Vehicles [Member]
Revenues
Consolidation, Eliminations [Member] | Aftermarket Parts and Accessories Sales [Member]
Revenues

Note 8 - Business Segments - Re

Note 8 - Business Segments - Reconciliation of Adjusted EBITDA (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2018	Sep. 30, 2017	Sep. 30, 2018	Sep. 30, 2017
Total segment adjusted EBITDA	$ 13,763	$ 16,435	$ 35,674	$ 31,128
Interest expense	(225)	(189)	(817)	(582)
Depreciation and amortization expense	(2,600)	(2,645)	(7,638)	(7,335)
Restructuring expense	(501)	(232)	(1,317)	(1,200)
Acquisition expense	(267)	(354)	(802)	(1,085)
Recall expense	(112)	368	331	368
Litigation settlement	(321)		(321)
Long-term strategic planning expense	(277)		(995)
Impact of acquisition on timing of chassis revenue recognition		(108)		(2,074)
Impact of step-up in inventory value resulting from acquisition				(189)
Impact of acquisition adjustments for net working capital and contingent liability			2,193
Consolidated income before taxes	6,280	9,734	15,707	9,933
Corporate, Non-Segment [Member]
Unallocated corporate expenses	$ (3,180)	$ (3,541)	$ (10,601)	$ (9,098)