The Shyft Group, Inc. (SHYF) 10-K 20 Feb 25 2024 FY Annual report Financial data

Document And Entity Information

Document And Entity Information - USD ($)	12 Months Ended
	Dec. 31, 2024	Feb. 14, 2025	Jun. 28, 2024
Document Information [Line Items]
Entity Central Index Key	0000743238
Entity Registrant Name	SHYFT GROUP, INC.
Amendment Flag	false
Current Fiscal Year End Date	--12-31
Document Fiscal Period Focus	FY
Document Fiscal Year Focus	2024
Document Type	10-K
Document Annual Report	true
Document Period End Date	Dec. 31, 2024
Document Transition Report	false
Entity File Number	001-33582
Entity Incorporation, State or Country Code	MI
Entity Tax Identification Number	38-2078923
Entity Address, Address Line One	41280 Bridge Street
Entity Address, City or Town	Novi
Entity Address, State or Province	MI
Entity Address, Postal Zip Code	48375
City Area Code	517
Local Phone Number	543-6400
Title of 12(b) Security	Common Stock
Trading Symbol	SHYF
Security Exchange Name	NASDAQ
Entity Well-known Seasoned Issuer	No
Entity Voluntary Filers	No
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Accelerated Filer
Entity Small Business	false
Entity Emerging Growth Company	false
ICFR Auditor Attestation Flag	true
Document Financial Statement Error Correction [Flag]	false
Entity Shell Company	false
Entity Public Float			$ 404,697,831
Entity Common Stock, Shares Outstanding		34,932,272
Auditor Name	Deloitte & Touche LLP
Auditor Location	Detroit, Michigan
Auditor Firm ID	34

Consolidated Balance Sheets

Consolidated Balance Sheets - USD ($) $ in Thousands	Dec. 31, 2024	Dec. 31, 2023
Current assets:
Cash and cash equivalents	$ 15,780	$ 9,957
Accounts receivable, less allowance of $533 and $276	86,677	79,573
Contract assets	40,896	50,305
Inventories	109,859	105,135
Other receivables – chassis pool agreements	37,032	34,496
Other current assets	7,346	7,462
Total current assets	297,590	286,928
Property, plant and equipment, net	81,067	83,437
Right of use assets – operating leases	41,101	45,827
Goodwill	64,094	48,880
Intangible assets, net	59,064	45,268
Net deferred tax assets	23,545	17,300
Other assets	2,287	2,409
TOTAL ASSETS	568,748	530,049
Current liabilities:
Accounts payable	95,128	99,855
Accrued warranty	7,653	7,231
Accrued compensation and related taxes	16,198	13,526
Contract liabilities	3,553	4,756
Operating lease liability	9,677	10,817
Other current liabilities and accrued expenses	12,798	11,965
Short-term debt – chassis pool agreements	37,032	34,496
Current portion of long-term debt	235	185
Total current liabilities	182,274	182,831
Other non-current liabilities	9,772	8,184
Long-term operating lease liability	33,156	36,724
Long-term debt, less current portion	95,223	50,144
Total liabilities	320,425	277,883
Commitments and contingent liabilities
Shareholders' equity:
Preferred stock, no par value: 2,000 shares authorized (none issued)	0	0
Common stock, no par value: 80,000 shares authorized; 34,917 and 34,303 outstanding	99,752	93,705
Retained earnings	148,571	158,461
Total shareholders' equity	248,323	252,166
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY	$ 568,748	$ 530,049

Consolidated Balance Sheets (Pa

Consolidated Balance Sheets (Parentheticals) - USD ($) shares in Thousands, $ / shares in Thousands, $ in Thousands	Dec. 31, 2024	Dec. 31, 2023
Accounts receivable, allowance	$ 533	$ 276
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	$ 0
Common stock, shares authorized (in shares)	80,000	80,000
Common stock, shares outstanding (in shares)	34,917	34,303

Consolidated Statements of Oper

Consolidated Statements of Operations - USD ($) shares in Thousands, $ in Thousands	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Sales	$ 786,176	$ 872,198	$ 1,027,164
Cost of products sold	628,986	721,840	846,731
Gross profit	157,190	150,358	180,433
Operating expenses:
Research and development	16,319	25,185	25,324
Selling, general and administrative	136,764	118,420	107,600
Total operating expenses	153,083	143,605	132,924
Operating income	4,107	6,753	47,509
Other income (expense):
Interest expense	(8,540)	(6,527)	(2,833)
Other income (expense)	2,204	470	(750)
Total other expense	(6,336)	(6,057)	(3,583)
Income (loss) before income taxes	(2,229)	696	43,926
Income tax expense (benefit)	566	(5,768)	7,368
Net income (loss)	(2,795)	6,464	36,558
Less: net (loss) attributable to non-controlling interest	0	(32)	0
Net income (loss) attributable to Shyft Group, Inc.	$ (2,795)	$ 6,496	$ 36,558
Basic earnings (loss) per share (in dollars per share)	$ (0.08)	$ 0.19	$ 1.04
Diluted earnings (loss) per share (in dollars per share)	$ (0.08)	$ 0.19	$ 1.03
Basic weighted average common shares outstanding (in shares)	34,427	34,721	35,073
Diluted weighted average common shares outstanding (in shares)	34,427	34,861	35,494

Consolidated Statements of Shar

Consolidated Statements of Shareholders' Equity - USD ($) shares in Thousands, $ in Thousands	Common Stock [Member]	Common Stock Including Additional Paid in Capital [Member]	Retained Earnings [Member]	Noncontrolling Interest [Member]	Total
Balance (in shares) at Dec. 31, 2021	35,416
Balance at Dec. 31, 2021		$ 95,375	$ 171,379	$ 101	$ 266,855
Issuance of common stock and tax impact of stock incentive plan (in shares)	18
Issuance of common stock and tax impact of stock incentive plan		(8,414)	0	0	(8,414)
Dividends declared		0	(7,135)	0	(7,135)
Purchase and retirement of common stock (in shares)	(607)
Purchase and retirement of common stock		(1,598)	(25,191)	0	(26,789)
Issuance of restricted stock, net of cancellation (in shares)	239
Issuance of restricted stock, net of cancellation		0	0	0	0
Stock-based compensation expense		7,619	0	0	7,619
Net income (loss)		0	36,558	0	36,558
Balance (in shares) at Dec. 31, 2022	35,066
Balance at Dec. 31, 2022		92,982	175,611	101	268,694
Issuance of common stock and tax impact of stock incentive plan (in shares)	21
Issuance of common stock and tax impact of stock incentive plan		(4,460)	0	0	(4,460)
Dividends declared		0	(7,101)	0	$ (7,101)
Purchase and retirement of common stock (in shares)	(1,023)				(1,022)
Purchase and retirement of common stock		(2,651)	(16,545)	0	$ (19,196)
Issuance of restricted stock, net of cancellation (in shares)	239
Issuance of restricted stock, net of cancellation		0	0	0	0
Stock-based compensation expense		7,834	0	0	7,834
Net income (loss)		0	6,496	(32)	6,464
Distribution to Non-controlling interest owner		0	0	(69)	(69)
Balance (in shares) at Dec. 31, 2023	34,303
Balance at Dec. 31, 2023		93,705	158,461	0	252,166
Issuance of common stock and tax impact of stock incentive plan (in shares)	48
Issuance of common stock and tax impact of stock incentive plan		(4,203)	0	0	(4,203)
Dividends declared		0	(7,095)	0	$ (7,095)
Purchase and retirement of common stock (in shares)					0
Issuance of restricted stock, net of cancellation (in shares)	566
Issuance of restricted stock, net of cancellation		0	0	0	$ 0
Stock-based compensation expense		10,250	0	0	10,250
Net income (loss)		0	(2,795)	0	(2,795)
Balance (in shares) at Dec. 31, 2024	34,917
Balance at Dec. 31, 2024		$ 99,752	$ 148,571	$ 0	$ 248,323

Consolidated Statements of Sh_2

Consolidated Statements of Shareholders' Equity (Parentheticals) - $ / shares	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Dividends, Per Share (in dollars per share)	$ 0.2	$ 0.2	$ 0.2

Consolidated Statements of Cash

Consolidated Statements of Cash Flows - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Cash flows from operating activities:
Net income (loss)	$ (2,795)	$ 6,464	$ 36,558
Adjustments to reconcile net income (loss) to net cash provided by operating activities
Depreciation and amortization	20,252	16,953	14,774
Non-cash stock based compensation expense	10,250	7,834	7,619
Deferred income taxes	(6,245)	(6,911)	(5,510)
Loss on disposal of assets	677	389	826
Changes in accounts receivable and contract assets	11,372	72,857	(93,989)
Changes in inventories	5,988	(4,975)	(32,977)
Changes in accounts payable	(6,687)	(27,963)	41,302
Changes in accrued compensation and related taxes	(586)	(908)	(4,630)
Changes in accrued warranty	422	70	1,186
Changes in other assets and liabilities	(2,592)	(7,566)	15,998
Net cash provided by (used in) operating activities	30,056	56,244	(18,843)
Cash flows from investing activities:
Purchases of property, plant and equipment	(13,661)	(20,733)	(20,564)
Proceeds from sale of property, plant and equipment	95	119	148
Acquisition of businesses, net of cash acquired	(47,631)	(500)	0
Net cash used in investing activities	(61,197)	(21,114)	(20,416)
Cash flows from financing activities:
Proceeds from long-term debt	150,000	132,500	145,000
Payments on long-term debt	(105,000)	(138,500)	(89,000)
Payments of dividends	(6,976)	(7,109)	(7,148)
Purchase and retirement of common stock	(113)	(19,083)	(26,789)
Exercise and vesting of stock incentive awards	(947)	(4,460)	(8,414)
Distribution to non-controlling interest owner	0	(69)	0
Net cash provided by (used in) financing activities	36,964	(36,721)	13,649
Net increase (decrease) in cash and cash equivalents	5,823	(1,591)	(25,610)
Cash and cash equivalents at beginning of year	9,957	11,548	37,158
Cash and cash equivalents at end of year	$ 15,780	$ 9,957	$ 11,548

Note 1 - Nature of Operations a

Note 1 - Nature of Operations and Basis of Presentation	12 Months Ended
	Dec. 31, 2024
Notes to Financial Statements
Business Description and Accounting Policies [Text Block]	NOTE 1 As used herein, the term “Company”, “we”, “us” or “our” refers to The Shyft Group, Inc. and its subsidiaries unless designated or identified otherwise. Nature of Operations We are a niche market leader in specialty vehicle manufacturing and assembly for the commercial vehicle (including last-mile delivery, specialty service and vocation-specific upfit) and recreational vehicle industries. Our products include walk-in vans and truck bodies used in e-commerce/parcel delivery, upfit equipment used in the mobile retail and utility trades, service and vocational truck bodies, luxury Class A diesel motorhome chassis 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 as well as truck accessories. The Aebi Schmidt Transaction On December 16, 2024, December 16, 2024 ( At the Effective Time, each share of our common stock issued and outstanding as of immediately prior to the Effective Time (other than any shares of our common stock that are held as of immediately prior to the Effective Time by Holdco, Aebi Schmidt, Merger Sub or any of their respective subsidiaries) will automatically be converted into the right to receive 1.040166432 fully paid and nonassessable shares of common stock, par value $1.00 per share, of Aebi Schmidt (“Aebi Schmidt Common Stock”), on the terms and subject to the conditions set forth in the Merger Agreement. Following the closing of the Transactions (the “Closing”), the holders of shares of our common stock as of immediately prior to the Effective Time will own approximately 48% 52% As of immediately following the Effective Time, the board of directors of Aebi Schmidt (the “Aebi Schmidt Board”) will be composed of eleven six five The Closing is is expected to occur in mid- 2025, two 1976, Principles of Consolidation The consolidated financial statements include our accounts and the accounts of our wholly owned subsidiary, The Shyft Group USA, Inc. and its subsidiaries. All inter-company transactions have been eliminated. Non-Controlling Interest. fourth 2023, December 31, 2022, not Use of Estimates may Revenue Recognition 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 10 – Commitments and Contingent Liabilities not Revenue for parts sales for all segments is recognized at the time that control 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. 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 one six Distinct revenue recognition policies for our segments are as follows: Fleet Vehicles and Services (“FVS”) 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 upfit 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 receivables are generally collected in less than three Specialty Vehicles (“SV”) We recognize revenue and the corresponding cost of products sold on the sale of motorhome chassis and service bodies where we own the 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 or vehicle to the customer. 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 service bodies where the customer owns the chassis, upfit 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 receivables are generally collected in less than three Business Combinations may may not one Accounting for such acquisitions requires us to make significant assumptions and estimates and are adjusted during the measurement period for a period of up to one third Shipping and Handling of Products Cash and Cash Equivalents. three Accounts Receivable not 30 60 Inventories. first first Contract Assets. Property, Plant and Equipment. three three seven three five may not 6 – Property, Plant and Equipment Goodwill and Other Intangible Assets not may not Other intangible assets with finite lives are amortized over their estimated useful lives and are tested for impairment whenever events or changes in circumstances indicate that their carrying amounts may not We perform our annual goodwill and indefinite lived intangible assets impairment test as of October 1 first not not not If we elect to bypass the qualitative assessment for a reporting unit, or if after completing the assessment we determine that it is more likely than not not We evaluate the recoverability of our indefinite lived intangible assets by comparing the estimated fair value of the trade names with their carrying values. We estimate the fair value of our trade names based on estimates of future royalty payments that are avoided through our ownership of the trade name, discounted to their present value. In determining the estimated fair value of the trade names, we consider current and projected future levels of sales based on our plans for those branded products, business trends, prospects and market and economic conditions. Significant judgments inherent in these assessments and analyses include assumptions about macroeconomic and industry conditions, appropriate sales growth rates, WACC and the amount of expected future net cash flows. The judgments and assumptions used in the estimate of fair value are generally consistent with the projections and assumptions that are used in current operating plans. Such assumptions are subject to change because of changing economic and competitive conditions. The determination of fair value is highly sensitive to differences between estimated and actual cash flows and changes in the related discount rate used to evaluate the fair value of the reporting units and trade names. See “Note 5 – Goodwill and Intangible Assets Warranties 10 – Commitments and Contingent Liabilities Contract Liabilities Research and Development Taxes on Income not We establish valuation allowances for deferred income tax assets in accordance with GAAP, which provides that such valuation allowances shall be established unless realization of the income tax benefits is more likely than not. We recognize the tax benefit from an uncertain tax position only if it is more likely than not no not Interest and penalties attributable to income taxes are recorded as a component of income taxes. See “Note 8 – Taxes on Income Earnings Per Share 13 – Stock-Based Compensation 15 – Earnings Per Share Stock - B ased Compensation 13 – Stock Based Compensation Fair Value December 31, 2024 2023 Segment Reporting. two 16 – Business Segments Supplemental Disclosures of Cash Flow Information. 2024, 2023, 2022. 2024, 2023, 2022. 2024, 2023, 2022. 12 Debt July 24, 2024, 2024 first two 2024, Recently Adopted Accounting Standards. November 2023, No. 2023 07, 280 2023 07” 2023 07 2023 07 December 15, 2023, December 15, 2024. 2023 07 December 31, 2024 Recently issued accounting pronouncements not November 2024, No. 2024 03, 220 40 December 15, 2026, December 15, 2027.

Note 2 - Acquisition Activities

Note 2 - Acquisition Activities	12 Months Ended
	Dec. 31, 2024
Notes to Financial Statements
Business Combination Disclosure [Text Block]	NOTE 2 ACQUISITION ACTIVITIES On July 24, 2024, first two In December 2024, 2024 The ITU acquisition was accounted for using the acquisition method of accounting with the purchase price allocated to the assets purchased and liabilities assumed based upon their estimated fair values at the date of acquisition. Identifiable intangible assets include customer relationships, backlog, trade names and trademarks, unpatented technology and non-competition agreements. The excess of the purchase price over the estimated fair values of the tangible and intangible assets acquired of $15,214 was recorded as goodwill, which is expected to be deductible for tax purposes. In accordance with ASC 805, may one may The preliminary purchase price was comprised of the following: Preliminary purchase price: Cash paid $ 49,889 Fair value of contingent consideration 4,300 Total preliminary purchase price $ 54,189 The Company recorded a current and a non-current contingent consideration liability for the earn-out at a fair value of $2,680 and $1,620, respectively, as of December 31, 2024. As of December 31, 2024, Fair value of identifiable assets and liabilities: Cash and cash equivalents $ 2,259 Accounts receivable 8,726 Contract assets 341 Inventory 10,711 Other current assets 13 Property, plant and equipment 5,525 Right of use assets-operating leases 33 Other assets 5 Intangible assets 18,650 Goodwill 15,214 Total assets acquired 61,477 Accounts payable (6,395 ) Contract liabilities (17 ) Operating lease liabilities (6 ) Other current liabilities and accrued expenses (843 ) Long-term operating lease liability (27 ) Total liabilities assumed (7,288 ) Total fair value allocation of preliminary purchase price $ 54,189 Intangible assets totaling $18,650 have provisionally been assigned to customer relationships, backlog, trade names and trademarks, unpatented technology and non-competition agreements as a result of the acquisition and consist of the following (in thousands): Amount Useful Life (in years) Weighted Average Amortization Period (in years) Customer relationships $ 11,800 13 8.2 Backlog 1,600 1 0.1 Trade names and trademarks 1,600 6 0.5 Unpatented technology 3,400 10 1.8 Non-competition agreements 250 5 0.1 $ 18,650 10.7 The Company amortizes the customer relationships utilizing an accelerated approach and amortizes backlog, trade names and trademarks, unpatented technology and non-competition agreement assets utilizing a straight-line approach. Amortization expense, as a part of Selling, general and administrative expense as presented on the Consolidated Statement of Operations, was $1,378 for 2024. Goodwill consists of operational synergies that are expected to be realized in both the short and long-term and the opportunity to enter into new markets which will enable us to increase value to our customers and shareholders. Key areas of expected cost savings include an expanded dealer network, complementary product portfolios and manufacturing and supply chain work process improvements. Due to its insignificant size relative to the Company, supplemental pro forma financial information of the combined entity for the prior reporting period is not

Note 3 - Revenue

Note 3 - Revenue	12 Months Ended
	Dec. 31, 2024
Notes to Financial Statements
Revenue from Contract with Customer [Text Block]	NOTE 3 Contract Assets and Liabilities The tables below disclose changes in contract assets and liabilities as of the periods indicated. December 31, 2024 December 31, 2023 Contract Assets Contract assets, beginning of year $ 50,305 $ 86,993 Reclassification of the beginning contract assets to receivables, as the result of rights to consideration becoming unconditional (50,193 ) (86,627 ) Contract assets recognized, net of reclassification to receivables 40,784 49,939 Contract assets, end of year $ 40,896 $ 50,305 Contract Liabilities Contract liabilities, beginning of year $ 4,756 $ 5,255 Reclassification of the beginning contract liabilities to revenue, as the result of performance obligations satisfied (4,602 ) (5,182 ) Cash received in advance and not recognized as revenue 3,399 4,683 Contract liabilities, end of year $ 3,553 $ 4,756 The aggregate amount of the transaction price allocated to remaining performance obligations in existing contracts that are yet to be completed in the FVS and SV segments are $244,784 and $68,460, respectively, with substantially all revenue expected to be recognized within one December 31, 2024. For performance obligations that are satisfied over time, revenue is expected to be recognized over the time period to complete the contract. 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 years ended December 31, 2024, 2023, 2022. Year Ended December 31, 2024 FVS SV Total Reportable Segments Eliminations and Other Total Primary geographical markets United States $ 386,671 $ 346,979 $ 733,650 $ 4,095 $ 737,745 Other 47,522 909 48,431 - 48,431 Total sales $ 434,193 $ 347,888 $ 782,081 $ 4,095 $ 786,176 Timing of revenue recognition Products transferred at a point in time $ 66,855 $ 130,001 $ 196,856 $ 4,268 $ 201,124 Products and services transferred over time 367,338 217,887 585,225 (173 ) 585,052 Total sales $ 434,193 $ 347,888 $ 782,081 $ 4,095 $ 786,176 Year Ended December 31, 2023 FVS SV Total Reportable Segments Eliminations and Other Total Primary geographical markets United States $ 517,116 $ 334,559 $ 851,675 $ (4,183 ) $ 847,492 Other 24,522 184 24,706 - 24,706 Total sales $ 541,638 $ 334,743 $ 876,381 $ (4,183 ) $ 872,198 Timing of revenue recognition Products transferred at a point in time $ 54,566 $ 147,766 $ 202,332 $ 467 $ 202,799 Products and services transferred over time 487,072 186,977 674,049 (4,650 ) 669,399 Total sales $ 541,638 $ 334,743 $ 876,381 $ (4,183 ) $ 872,198 Year Ended December 31, 2022 FVS SV Total Reportable Segments Eliminations and Other Total Primary geographical markets United States $ 639,441 $ 386,536 $ 1,025,977 $ (6,483 ) $ 1,019,494 Other 7,562 108 7,670 - 7,670 Total sales $ 647,003 $ 386,644 $ 1,033,647 $ (6,483 ) $ 1,027,164 Timing of revenue recognition Products transferred at a point in time $ 41,750 $ 208,645 $ 250,395 $ - $ 250,395 Products and services transferred over time 605,253 177,999 783,252 (6,483 ) 776,769 Total sales $ 647,003 $ 386,644 $ 1,033,647 $ (6,483 ) $ 1,027,164

Note 4 - Inventories

Note 4 - Inventories	12 Months Ended
	Dec. 31, 2024
Notes to Financial Statements
Inventory Disclosure [Text Block]	NOTE 4 Inventories are summarized as follows: December 31, 2024 2023 Finished goods $ 7,654 $ 9,374 Work in process 3,304 2,543 Raw materials and purchased components 98,901 93,218 Total Inventories $ 109,859 $ 105,135

Note 5 - Goodwill and Intangibl

Note 5 - Goodwill and Intangible Assets	12 Months Ended
	Dec. 31, 2024
Notes to Financial Statements
Goodwill and Intangible Assets Disclosure [Text Block]	NOTE 5 Goodwill We test goodwill for impairment at the reporting unit level on an annual basis as of October 1, not 1 Nature of Operations and Basis of Presenta tion As of October 1, 2024, two no As discussed in “Note 1 Nature of Operations and Basis of Presentation The change in the carrying amount of goodwill for the year ended December 31, 2024 2023 FVS SV Total December 31, December 31, December 31, 2024 2023 2024 2023 2024 2023 Goodwill, beginning of year $ 15,323 $ 15,323 $ 33,557 $ 33,557 $ 48,880 $ 48,880 Acquisition and measurement period adjustments - - 15,214 - 15,214 - Goodwill, end of year $ 15,323 $ 15,323 $ 48,771 $ 33,557 $ 64,094 $ 48,880 Other Intangible Assets At December 31, 2024, not We evaluate the recoverability of our indefinite lived intangible assets, which, as of October 1, 2024, not no The following table provides information regarding our other intangible assets: As of December 31, 2024 As of December 31, 2023 Gross carrying amount Accumulated amortization Net Gross carrying amount Accumulated amortization Net Customer relationships $ 50,880 $ 18,240 $ 32,640 $ 39,080 $ 15,068 $ 24,012 Unpatented technology 3,940 403 3,537 540 195 345 Patented technology 2,200 1,444 756 2,200 1,169 1,031 Non-compete agreements 3,230 2,876 354 2,980 2,490 490 Trade Names 20,990 116 20,874 19,390 - 19,390 Backlog 1,600 697 903 - - - $ 82,840 $ 23,776 $ 59,064 $ 64,190 $ 18,922 $ 45,268 We recorded $4,855, $3,810, and $3,903 of intangible asset amortization expense, as a part of Selling, general and administrative expense as presented on the Consolidated Statement of Operations, during 2024, 2023 2022. The estimated remaining amortization associated with finite-lived intangible assets is expected to be expensed as follows: Amount 2025 5,538 2026 4,508 2027 4,513 2028 4,156 2029 3,865 Thereafter 17,094 Total $ 39,674

Note 6 - Property, Plant and Eq

Note 6 - Property, Plant and Equipment	12 Months Ended
	Dec. 31, 2024
Notes to Financial Statements
Property, Plant and Equipment Disclosure [Text Block]	NOTE 6 Property, plant and equipment are summarized by major classifications as follows: December 31, 2024 2023 Land and improvements $ 14,007 $ 12,578 Buildings and improvements 57,539 53,789 Plant machinery and equipment 70,840 60,517 Furniture and fixtures 19,500 19,474 Vehicles 2,249 2,015 Construction in process 1,960 10,570 Subtotal 166,095 158,943 Less accumulated depreciation (85,028 ) (75,506 ) Total property, plant and equipment, net $ 81,067 $ 83,437 We recorded depreciation expense of $15,397, $13,143, and $10,871 during 2024, 2023, 2022, 2024, 2023, 2022.

Note 7 - Leases

Note 7 - Leases	12 Months Ended
	Dec. 31, 2024
Notes to Financial Statements
Lessee, Operating Leases and Finance Leases [Text Block]	NOTE 7 LEASES We have operating and finance leases for land, buildings and certain equipment. Our leases have remaining lease terms of one not December 31, 2024 2023, 12 Debt December 31, 2024, 2023 2022, Operating lease expenses are classified as cost of products sold and operating expenses on the Consolidated Statements of Operations. The components of lease expense were as follows: Year ended December 31, 2024 Year ended December 31, 2023 Year ended December 31, 2022 Operating leases $ 10,921 $ 11,388 $ 10,302 Short-term leases (1) 1,356 1,285 301 Total lease expense $ 12,277 $ 12,673 $ 10,603 ( 1 not one The weighted average remaining lease term and weighted average discount rate were as follows: Year ended December 31, 2024 Year ended December 31, 2023 Weighted average remaining lease term of operating leases (in years) 7.0 7.2 Weighted average discount rate of operating leases 3.3 % 2.9 % Supplemental cash flow information related to leases was as follows: Year ended December 31, 2024 Year ended December 31, 2023 Year ended December 31, 2022 Cash paid for amounts included in the measurement of lease liabilities: Operating cash flow for operating leases $ 11,632 $ 11,041 $ 9,500 Right of use assets obtained in exchange for lease obligations: Operating leases $ 5,583 $ 7,025 $ 19,159 Finance leases $ 444 $ 95 $ 304 Maturities of operating lease liabilities as of December 31, 2024 Years ending December 31: 2025 10,924 2026 9,013 2027 6,323 2028 4,675 2029 4,087 Thereafter 13,204 Total lease payments 48,226 Less: imputed interest (5,393 ) Total lease liabilities $ 42,833

Note 8 - Taxes on Income

Note 8 - Taxes on Income	12 Months Ended
	Dec. 31, 2024
Notes to Financial Statements
Income Tax Disclosure [Text Block]	NOTE 8 Income taxes consist of the following: Year Ended December 31, 2024 2023 2022 Taxes (benefit) on income $ 566 $ (5,768 ) $ 7,368 Income tax expense (benefit) consists of the following: Year Ended December 31, 2024 2023 2022 Current (benefit): Federal $ 5,471 $ (610 ) $ 10,672 State 1,033 1,521 1,960 Foreign 307 231 175 Total current 6,811 1,142 12,807 Deferred (benefit): Federal (5,764 ) (5,828 ) (4,976 ) State (481 ) (1,082 ) (463 ) Total deferred (6,245 ) (6,910 ) (5,439 ) Total taxes (benefit) on income $ 566 $ (5,768 ) $ 7,368 Differences between the expected income tax expense derived from applying the federal statutory income tax rate to earnings before taxes on income and the actual tax expense (benefit) are as follows: Year Ended December 31, 2024 2023 2022 Federal income taxes at the statutory rate $ (468 ) $ 146 $ 9,224 State tax expense, net of federal income tax benefit 363 509 1,132 Increase (decrease) in income taxes resulting from: Non-deductible compensation 1,021 422 851 Stock based compensation 1,265 (82 ) (819 ) Foreign-derived intangible income deduction (492 ) (515 ) - EPA settlement 422 - - Unrecognized tax benefit adjustment 400 (2,234 ) - Federal research and development tax credit (1,898 ) (3,645 ) (2,681 ) Other (47 ) (369 ) (339 ) Total $ 566 $ (5,768 ) $ 7,368 Temporary differences which give rise to deferred income tax assets (liabilities) are as follows: December 31, 2024 2023 Deferred income tax assets: Operating lease liability $ 10,873 $ 11,783 Research and development costs 23,175 19,937 Warranty reserve 1,446 1,164 Inventory costs and reserves 5,400 5,784 Contract assets 3,848 5,181 Stock-based compensation 1,262 1,699 Net operating loss carry-forwards, net of federal income tax benefit 328 504 Compensation related accruals 973 916 Credit carry-forwards net of federal income tax benefit 1,894 1,752 Other 911 857 Total deferred income tax assets $ 50,110 $ 49,577 Deferred income tax liabilities: Cost offset method $ (5,726 ) $ (8,304 ) Right of use assets (10,327 ) (11,231 ) Depreciation (8,026 ) (8,551 ) Intangible assets (965 ) (2,709 ) Prepaid expenses (1,521 ) (1,482 ) Total deferred income tax liabilities $ (26,565 ) $ (32,277 ) Net deferred tax asset $ 23,545 $ 17,300 Based upon an assessment of the available positive and negative evidence at December 31, 2024 2023, not December 31, 2024 2023. At December 31, 2024 2023, 2029 2043. December 31, 2024 2023, 2026 2034. A reconciliation of the change in the unrecognized tax benefits (“UTB”) for the three December 31, 2024, 2023 2022 2024 2023 2022 Balance, beginning of year $ 4,664 $ 5,748 $ 5,247 Increase (decrease) related to prior year tax positions 471 362 (139 ) Increase related to current year tax positions 203 679 775 Settlement - - (97 ) Expiration of statute (91 ) (2,125 ) (38 ) Balance, end of year $ 5,247 $ 4,664 $ 5,748 As of December 31, 2024, 2024, 2023, 2022, At December 31, 2024, 2023 2022, As of December 31, 2024, 2020 may may We do not twelve

Note 9 - Transactions with Majo

Note 9 - Transactions with Major Customers	12 Months Ended
	Dec. 31, 2024
Notes to Financial Statements
Concentration Risk Disclosure [Text Block]	NOTE 9 Major customers are defined as those with sales greater than 10 No 10% 2024 2023. 10% 2022 Year Number of major customers Combined percentage of consolidated sales Segment 2022 2 25.4 % FVS and SV

Note 10 - Commitments and Conti

Note 10 - Commitments and Contingent Liabilities	12 Months Ended
	Dec. 31, 2024
Notes to Financial Statements
Commitments and Contingencies Disclosure [Text Block]	NOTE 10 At December 31, 2024, 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. An estimate of possible penalty or loss, if any, cannot be made at this time. Changes in our warranty liability during the years ended December 31, 2024 2023 2024 2023 Balance of accrued warranty, beginning of year $ 7,231 $ 7,161 Accruals for warranties issued 3,590 5,882 Changes in liability for pre-existing warranties 1,260 (1,309 ) Cash settlements (4,488 ) (4,503 ) Acquisition 60 - Balance of accrued warranty, end of year $ 7,653 $ 7,231 Legal Proceedings Relating to Environmental Matters As previously disclosed, in May 2020, January 1, 2017 May 2020. third 2020. On April 6, 2022, On September 27, 2024, October 2024.

Note 11 - Defined Contribution

Note 11 - Defined Contribution Plans	12 Months Ended
	Dec. 31, 2024
Notes to Financial Statements
Compensation and Employee Benefit Plans [Text Block]	NOTE 11 We sponsor defined contribution retirement plans which cover all employees who meet length of service and minimum age requirements. Our matching contributions vest over five 2024, 2023, 2022,

Note 12 - Debt

Note 12 - Debt	12 Months Ended
	Dec. 31, 2024
Notes to Financial Statements
Debt Disclosure [Text Block]	NOTE 12 Short-term debt consists of the following: December 31, December 31, Chassis pool agreements $ 37,032 $ 34,496 Total short-term debt $ 37,032 $ 34,496 Chassis Pool Agreements The Company obtains certain vehicle chassis for its walk-in vans, service bodies and specialty vehicles directly from the chassis manufacturers under converter pool agreements. Chassis are obtained from the manufacturers based on orders from customers, and in some cases, for unallocated orders. The agreements generally state that the manufacturer will provide a supply of chassis to be maintained at the Company’s facilities with the condition that we will store such chassis and will not not Although the Company is party to related finance agreements with manufacturers, the Company has not December 31, 2024 December 31, 2023, Other receivables – chassis pool agreements and Short-term debt – chassis pool agreements 90 Long-term debt consists of the following: December 31, December 31, Revolving credit facility $ 95,000 $ 50,000 Finance lease obligations 458 329 Total debt 95,458 50,329 Less current portion of long-term debt (235 ) (185 ) Total long-term debt $ 95,223 $ 50,144 Revolving Credit Facility On November 30, 2021, On March 27, 2024, June 30, 2024. Under the Credit Agreement, we may November 30, 2026. may one 2.0%; one December 31, 2024. December 31, 2024 December 31, 2023, Under the terms of our Credit Agreement, available borrowings (exclusive of outstanding borrowings) totaled $77,950 and $83,243 at December 31, 2024 December 31, 2023, December 31, 2024 December 31, 2023,

Note 13 - Stock Based Compensat

Note 13 - Stock Based Compensation	12 Months Ended
	Dec. 31, 2024
Notes to Financial Statements
Share-Based Payment Arrangement [Text Block]	NOTE 13 We have stock incentive plans covering certain employees and non-employee directors. Shares reserved for stock awards under these plans total 5,056,250. Total shares remaining available for stock incentive grants under these plans totaled 441,134 at December 31, 2024. 2016. Restricted Stock We issue restricted stock, at no may not three We receive an excess tax benefit or liability during the period the restricted shares vest. The excess tax benefit (liability) is determined by the excess (shortfall) of the market price of the stock on date of vesting over (under) the grant date market price used to amortize the awards to compensation expense. As required, any excess tax benefits or liabilities are reported in the Consolidated Statements of Cash Flows as operating cash flows. Restricted stock activity for the years ended December 31, 2024, 2023, 2022, Total (000) Weighted Weighted Non-vested shares outstanding at January 1, 2022 190 $ 21.81 1.0 Vested (91 ) 17.62 Forfeited (28 ) 21.98 Non-vested shares outstanding at December 31, 2022 71 27.14 0.6 Vested (47 ) 22.28 Forfeited (4 ) 36.31 Non-vested shares outstanding at December 31, 2023 20 36.72 0.3 Granted 636 11.74 Vested (297 ) 13.35 Non-vested shares outstanding at December 31, 2024 359 $ 3.4 The weighted-average grant date fair value of non-vested shares granted was $11.74, none, none December 31, 2024, 2023 2022. 2024, 2023 2022, 2024, 2023 2022. December 31, 2024, 2023, 2022, December 31, 2024, Performance Stock Units During the year ended December 31, 2024, 2023, 2022, three After completion of the performance period, the number of PSUs earned will be issued as shares of common stock. The aggregate number of shares of common stock that ultimately may not A dividend equivalent is calculated based on the actual number of units earned at the end of the performance period equal to the dividends that would have been payable on the earned units had they been held during the entire performance period as common stock. At the end of the performance period, the dividend equivalents are paid in the form of cash at the discretion of the Human Resources and Compensation Committee. 136,933, 89,804 and 49,769 of the PSUs granted in 2024, 2023, 2022, three may 205,401, 204,387, and 74,658 of the PSUs granted in 2024, 2023, 2022, may The fair value of the TSR PSUs granted was calculated using the Monte Carlo simulation model which resulted in the weighted average grant date fair value for these TSR PSUs of $16.77, 24.35 and $43.41 per unit in 2024, 2023, 2022, The Monte Carlo simulation was computed using the following assumptions: Granted in 2024 Granted in 2023 Granted in 2022 Risk-free rate of return (1) 4.45 % 4.15 % 2.41 % Expected term (in years) 2.8 2.8 2.7 Estimated volatility (2) 54.5 % 49.5 % 55.6 % ( 1 Based on the U.S. government bond benchmark on the grant date. ( 2 Represents the historical price volatility of the Company’s common stock for the three The total PSU expense and associated tax benefit for all outstanding awards for the year ended December 31, 2024 December 31, 2023 December 31, 2022 The PSU activity for the years ended December 31, 2024, 2023, 2022, Total Number of Non-vested Shares (000) Weighted- Average Grant Date Fair Value per Unit Non-vested as of January 1, 2022 483 $ 19.33 Granted 124 40.49 Vested (194 ) 11.82 Forfeited (38 ) 28.27 Non-vested as of December 31, 2022 375 29.31 Granted 294 23.86 Vested (187 ) 20.89 Forfeited (39 ) 36.89 Non-vested as of December 31, 2023 443 30.99 Granted 342 15.03 Vested (67 ) 47.84 Forfeited (178 ) 24.15 Non-vested as of December 31, 2024 540 $ 18.06 As of December 31, 2024 Restricted Stock Units During the year ended December 31, 2024, 2023, 2022, three one December 31, 2024 December 31, 2023 December 31, 2022 The RSU activity for the years ended December 31, 2024, 2023, 2022, Total Number of Non-vested Shares (000) Weighted- Average Grant Date Fair Value per Unit Non-vested as of January 1, 2022 201 $ 24.51 Granted 241 29.58 Vested (105 ) 22.15 Forfeited (30 ) 32.96 Non-vested as of December 31, 2022 307 28.38 Granted 274 19.38 Vested (154 ) 25.53 Forfeited (42 ) 28.47 Non-vested as of December 31, 2023 385 21.05 Granted 553 12.45 Vested (309 ) 21.48 Forfeited (103 ) 16.18 Non-vested as of December 31, 2024 526 $ As of December 31, 2024 Employee Stock Purchase Plan We instituted an employee stock purchase plan (“ESPP”) beginning on October 1, 2011 December 31, 2024, 2023, 2022,

Note 14 - Shareholders Equity

Note 14 - Shareholders Equity	12 Months Ended
	Dec. 31, 2024
Notes to Financial Statements
Equity [Text Block]	NOTE 14 On February 17, 2022, not The following table represents our purchases of our common stock during the year ended December 31, 2024 2023 Year Ended December 31, Shares purchased (000) Purchase value Approximate Dollar Value of Shares That 2024 - $ - $ 223,019 2023 1,022 $ 19,083 $ 223,019

Note 15 - Earnings Per Share

Note 15 - Earnings Per Share	12 Months Ended
	Dec. 31, 2024
Notes to Financial Statements
Earnings Per Share [Text Block]	NOTE 15 The table below reconciles basic weighted average common shares outstanding to diluted weighted average shares outstanding for 2024, 2023, 2022 2024, Year Ended December 31, 2024 2023 2022 Basic weighted average common shares outstanding 34,427 34,721 35,073 Plus dilutive effect of Restricted Stock Units and Performance Stock Units - 140 421 Diluted weighted average common shares outstanding 34,427 34,861 35,494

Note 16 - Business Segments

Note 16 - Business Segments	12 Months Ended
	Dec. 31, 2024
Notes to Financial Statements
Segment Reporting Disclosure [Text Block]	NOTE 16 We identify our reportable segments based on our management structure and the financial data utilized by our chief operating decision maker, who is our President and Chief Executive Officer, to assess segment performance and allocate resources among our operating units. We have two The chief operating decision maker evaluates the performance of our reportable segments based on Adjusted EBITDA (earnings before interest, taxes, depreciation and amortization), which is defined as income before interest, income taxes, depreciation and amortization, as adjusted to eliminate the impact of restructuring charges, transaction related expenses and adjustments, non-cash stock-based compensation expenses, and other gains and losses not The chief operating decision maker uses Adjusted EBITDA to evaluate financial performance of the segments and to allocate resources in the budget and forecasting process. This allocation principally includes operating budgets, capital expenditures, product development, strategical acquisitions, and management of other financial, capital and human resources. Adjusted EBITDA is also used in monitoring actual versus budget and forecast results in order to assess segment performance and evaluate segment management. Our FVS segment focuses on designing and manufacturing walk-in vans for parcel delivery, mobile retail, and trades and construction industries, the production of commercial truck bodies, and the distribution of related aftermarket parts and accessories. Our SV segment consists of service bodies operations, operations that engineer and manufacture motorhome chassis, specialty upfit, other specialty chassis and distributes related aftermarket parts and assemblies. We also provide vocation-specific equipment upfit services, which are marketed and sold under the Strobes-R-Us brand. The accounting policies of the segments are the same as those described, or referred to, in “Note 1 Nature of Operations and Basis of Presentation not not Sales to customers outside the United States were $48,431, $24,706, and $7,670 for the years ended December 31, 2024, 2023, 2022, Sales and other financial information by business segment are as follows: Year Ended December 31, 2024 Segment FVS SV Total Fleet vehicles sales $ 367,338 $ - $ 367,338 Motorhome chassis sales - 75,895 75,895 Other specialty vehicles sales - 243,117 243,117 Aftermarket parts and accessories sales 66,855 28,876 95,731 Segment sales $ 434,193 $ 347,888 782,081 Eliminations and other 4,095 Total consolidated sales $ 786,176 Segment FVS SV Eliminations and Other Consolidated Depreciation and amortization expense $ 7,157 $ 7,707 $ 5,388 $ 20,252 Segment assets $ 201,544 $ 274,377 $ 92,827 $ 568,748 Capital expenditures $ 1,843 $ 1,890 $ 5,490 $ 9,223 The reconciliation of the significant segment expenses to Adjusted EBITDA by business segment is as follows: Year Ended December 31, 2024 Segment FVS SV Sales $ 434,193 $ 347,888 Cost of products sold (374,014 ) (245,662 ) Research and development (1,682 ) (1,545 ) Selling, general and administrative (28,988 ) (36,133 ) Other segment items 1 1,679 2,742 Adjusted EBITDA $ 31,188 $ 67,290 1 The reconciliation of total Segment Adjusted EBITDA to income (loss) before income taxes as follows: Year Ended December 31, 2024 Total Segment Adjusted EBITDA $ 98,478 Unallocated corporate expenses (49,630 ) Interest expense (8,540 ) Depreciation and amortization (20,252 ) Restructuring and other related charges (1,324 ) Transaction related expenses and adjustments (10,154 ) Non-cash stock-based compensation expense (10,250 ) Loss from write-off of assets (147 ) Legacy legal matters (2,000 ) CEO transition (147 ) Gains from insurance settlement 1,737 Income (loss) before income taxes $ (2,229 ) Year Ended December 31, 2023 Segment FVS SV Total Fleet vehicles sales $ 487,072 $ - $ 487,072 Motorhome chassis sales - 104,882 104,882 Other specialty vehicles sales - 209,434 209,434 Aftermarket parts and accessories sales 54,566 20,427 74,993 Segment sales $ 541,638 $ 334,743 876,381 Eliminations and other (4,183 ) Total consolidated sales $ 872,198 Segment FVS SV Eliminations and Other Consolidated Depreciation and amortization expense $ 6,552 $ 6,720 $ 3,681 $ 16,953 Segment assets $ 241,546 $ 213,509 $ 74,994 $ 530,049 Capital expenditures $ 5,065 $ 2,567 $ 17,844 $ 25,476 The reconciliation of the significant segment expenses to Adjusted EBITDA by business segment is as follows: Year Ended December 31, 2023 Segment FVS SV Sales $ 541,638 $ 334,743 Cost of products sold (482,899 ) (241,429 ) Research and development (1,787 ) (1,737 ) Selling, general and administrative (24,729 ) (30,304 ) Other segment items 1 (1,897 ) 4,913 Adjusted EBITDA $ 30,326 $ 66,186 1 The reconciliation of total Segment Adjusted EBITDA to income before income taxes as follows: Year Ended December 31, 2023 Total Segment Adjusted EBITDA $ 96,512 Unallocated corporate expenses (56,544 ) Net loss attributable to non-controlling interest (32 ) Interest expense (6,527 ) Depreciation and amortization (16,953 ) Restructuring and other related charges (1,741 ) Transaction related expenses and adjustments (440 ) Non-cash stock-based compensation expense (7,834 ) Loss from write-off of assets (1,872 ) Legacy legal matters (956 ) Non-recurring professional fees (288 ) CEO transition (2,629 ) Income before income taxes $ 696 Year Ended December 31, 2022 Segment FVS SV Total Fleet vehicles sales $ 605,253 $ - $ 605,253 Motorhome chassis sales - 175,030 175,030 Other specialty vehicles sales - 191,882 191,882 Aftermarket parts and accessories sales 41,750 19,732 61,482 Segment sales $ 647,003 $ 386,644 1,033,647 Eliminations and other (6,483 ) Total consolidated sales $ 1,027,164 Segment FVS SV Eliminations and Other Consolidated Depreciation and amortization expense $ 4,555 $ 7,011 $ 3,208 $ 14,774 Segment assets $ 308,357 $ 220,768 $ 51,356 $ 580,481 Capital expenditures $ 13,381 $ 1,268 $ 6,893 $ 21,542 The reconciliation of the significant segment expenses to Adjusted EBITDA by business segment is as follows: Year Ended December 31, 2022 Segment FVS SV Sales $ 647,003 $ 386,644 Cost of products sold (550,076 ) (303,138 ) Research and development (3,310 ) (1,596 ) Selling, general and administrative (22,810 ) (31,040 ) Other segment items 1 (5,087 ) 3,544 Adjusted EBITDA $ 65,719 $ 54,413 1 The reconciliation of total Segment Adjusted EBITDA to income before income taxes as follows: Year Ended December 31, 2022 Total Segment Adjusted EBITDA $ 120,132 Unallocated corporate expenses (49,339 ) Interest expense (2,833 ) Depreciation and amortization (14,774 ) Restructuring and other related charges (757 ) Transaction related expenses and adjustments (884 ) Non-cash stock-based compensation expense (7,619 ) Income before income taxes $ 43,926

Insider Trading Arrangements

Insider Trading Arrangements	3 Months Ended
	Dec. 31, 2024
Insider Trading Arr Line Items
Rule 10b5-1 Arrangement Adopted [Flag]	false
Rule 10b5-1 Arrangement Terminated [Flag]	false
Non-Rule 10b5-1 Arrangement Adopted [Flag]	false
Non-Rule 10b5-1 Arrangement Terminated [Flag]	false

Cybersecurity Risk Management a

Cybersecurity Risk Management and Strategy Disclosure	12 Months Ended
	Dec. 31, 2024
Cybersecurity Risk Management, Strategy, and Governance [Line Items]
Cybersecurity Risk Management Processes for Assessing, Identifying, and Managing Threats [Text Block]	We rely on information technology systems across our operations, including for management, supply chain and financial information and various other processes and transactions. Our ability to effectively manage our business depends on the security, reliability and capacity of these systems. We have established a range of security measures that are designed to protect against the unauthorized access to and misappropriation of our information, corruption of data, intentional or unintentional disclosure of confidential information, or disruption of operations. We have implemented additional controls, security processes and monitoring of our manufacturing systems. We have also implemented additional cloud security tools and governance processes for assessing, identifying and managing material risks from cybersecurity threats. In addition, we maintain an information security training program that encompasses the following areas: phishing and email security, password security, data handling security, cloud security, operational technology security processes, and cyber-incident response and reporting processes.
Cybersecurity Risk Management Processes Integrated [Flag]	true
Cybersecurity Risk Management Processes Integrated [Text Block]	The oversight of our cybersecurity risk management process is integrated into our overall risk management process.
Cybersecurity Risk Management Third Party Engaged [Flag]	true
Cybersecurity Risk Third Party Oversight and Identification Processes [Flag]	true
Cybersecurity Risk Materially Affected or Reasonably Likely to Materially Affect Registrant [Flag]	false
Cybersecurity Risk Board of Directors Oversight [Text Block]	The Board of Directors is responsible for overseeing risk for the Company and has delegated to the Audit Committee responsibility for overseeing the cybersecurity risk management strategy for the Company. The Audit Committee reviews how we are executing against our comprehensive cybersecurity framework, including reviewing our cybersecurity reporting protocol. The Audit Committee receives regular updates on cybersecurity risks from our CIO. The Audit Committee also regularly receives updates on efforts regarding data loss prevention, regulatory compliance, data privacy, threat and vulnerability management, cyber-crisis management, and other topics as applicable. Additionally, management provides the Audit Committee with a cybersecurity dashboard, which the full Board of Directors can access as well. The Company’s cybersecurity program is overseen by our CIO, who is responsible for assessing and managing material risks from cybersecurity threats, including monitoring the prevention, detection, mitigation and remediation of cybersecurity incidents. Our CIO has over 20 years of global automotive technology and cybersecurity experience and reports to our President and Chief Executive Officer. The Company’s Security Manager reports to our CIO and is the head of our cybersecurity team. The Security Manager is responsible for assessing and managing our cyber risk management program, informs senior management, together with the CIO, regarding the prevention, detection, mitigation, and remediation of cybersecurity incidents and supervises such efforts. Our Security Manager has over 15 years of experience in technology and cybersecurity, a master’s degree in information security and industry certifications, including CISSP, CDPSE, ITIL, and COBIT.
Cybersecurity Risk Board Committee or Subcommittee Responsible for Oversight [Text Block]	The Board of Directors is responsible for overseeing risk for the Company and has delegated to the Audit Committee responsibility for overseeing the cybersecurity risk management strategy for the Company. The Audit Committee reviews how we are executing against our comprehensive cybersecurity framework, including reviewing our cybersecurity reporting protocol. The Audit Committee receives regular updates on cybersecurity risks from our CIO. The Audit Committee also regularly receives updates on efforts regarding data loss prevention, regulatory compliance, data privacy, threat and vulnerability management, cyber-crisis management, and other topics as applicable. Additionally, management provides the Audit Committee with a cybersecurity dashboard, which the full Board of Directors can access as well.
Cybersecurity Risk Process for Informing Board Committee or Subcommittee Responsible for Oversight [Text Block]	The Board of Directors is responsible for overseeing risk for the Company and has delegated to the Audit Committee responsibility for overseeing the cybersecurity risk management strategy for the Company. The Audit Committee reviews how we are executing against our comprehensive cybersecurity framework, including reviewing our cybersecurity reporting protocol. The Audit Committee receives regular updates on cybersecurity risks from our CIO. The Audit Committee also regularly receives updates on efforts regarding data loss prevention, regulatory compliance, data privacy, threat and vulnerability management, cyber-crisis management, and other topics as applicable. Additionally, management provides the Audit Committee with a cybersecurity dashboard, which the full Board of Directors can access as well.
Cybersecurity Risk Role of Management [Text Block]	The Company’s cybersecurity program is overseen by our CIO, who is responsible for assessing and managing material risks from cybersecurity threats, including monitoring the prevention, detection, mitigation and remediation of cybersecurity incidents. Our CIO has over 20 years of global automotive technology and cybersecurity experience and reports to our President and Chief Executive Officer.
Cybersecurity Risk Management Positions or Committees Responsible [Flag]	true
Cybersecurity Risk Management Positions or Committees Responsible [Text Block]	The Company’s cybersecurity program is overseen by our CIO, who is responsible for assessing and managing material risks from cybersecurity threats, including monitoring the prevention, detection, mitigation and remediation of cybersecurity incidents. Our CIO has over 20 years of global automotive technology and cybersecurity experience and reports to our President and Chief Executive Officer.
Cybersecurity Risk Management Expertise of Management Responsible [Text Block]	Our Security Manager has over 15 years of experience in technology and cybersecurity, a master’s degree in information security and industry certifications, including CISSP, CDPSE, ITIL, and COBIT.
Cybersecurity Risk Process for Informing Management or Committees Responsible [Text Block]	The Company’s Security Manager reports to our CIO and is the head of our cybersecurity team. The Security Manager is responsible for assessing and managing our cyber risk management program, informs senior management, together with the CIO, regarding the prevention, detection, mitigation, and remediation of cybersecurity incidents and supervises such efforts. Our Security Manager has over 15 years of experience in technology and cybersecurity, a master’s degree in information security and industry certifications, including CISSP, CDPSE, ITIL, and COBIT.
Cybersecurity Risk Management Positions or Committees Responsible Report to Board [Flag]	true

Schedule II - Valuation and Qua

Schedule II - Valuation and Qualifying Accounts	12 Months Ended
	Dec. 31, 2024
Notes to Financial Statements
SEC Schedule, 12-09, Schedule of Valuation and Qualifying Accounts Disclosure [Text Block]	APPENDIX A SCHEDULE II Description Balance at Additions Additions Deductions Balance Year ended December 31, 2024: Allowance for doubtful accounts $ 276 $ 453 $ - $ (196 ) $ 533 Year ended December 31, 2023: Allowance for doubtful accounts $ 246 $ 159 $ - $ (129 ) $ 276 Year ended December 31, 2022: Allowance for doubtful accounts $ 187 $ 240 $ - $ (181 ) $ 246

Significant Accounting Policies

Significant Accounting Policies (Policies)	12 Months Ended
	Dec. 31, 2024
Accounting Policies [Abstract]
Merger Agreement [Policy Text Block]	The Aebi Schmidt Transaction On December 16, 2024, December 16, 2024 ( At the Effective Time, each share of our common stock issued and outstanding as of immediately prior to the Effective Time (other than any shares of our common stock that are held as of immediately prior to the Effective Time by Holdco, Aebi Schmidt, Merger Sub or any of their respective subsidiaries) will automatically be converted into the right to receive 1.040166432 fully paid and nonassessable shares of common stock, par value $1.00 per share, of Aebi Schmidt (“Aebi Schmidt Common Stock”), on the terms and subject to the conditions set forth in the Merger Agreement. Following the closing of the Transactions (the “Closing”), the holders of shares of our common stock as of immediately prior to the Effective Time will own approximately 48% 52% As of immediately following the Effective Time, the board of directors of Aebi Schmidt (the “Aebi Schmidt Board”) will be composed of eleven six five The Closing is is expected to occur in mid- 2025, two 1976,
Consolidation, Policy [Policy Text Block]	Principles of Consolidation The consolidated financial statements include our accounts and the accounts of our wholly owned subsidiary, The Shyft Group USA, Inc. and its subsidiaries. All inter-company transactions have been eliminated.
Consolidation, Subsidiaries or Other Investments, Consolidated Entities, Policy [Policy Text Block]	Non-Controlling Interest. fourth 2023, December 31, 2022, not
Use of Estimates, Policy [Policy Text Block]	Use of Estimates may
Revenue from Contract with Customer [Policy Text Block]	Revenue Recognition 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 10 – Commitments and Contingent Liabilities not Revenue for parts sales for all segments is recognized at the time that control 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. 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 one six Distinct revenue recognition policies for our segments are as follows: Fleet Vehicles and Services (“FVS”) 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 upfit 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 receivables are generally collected in less than three Specialty Vehicles (“SV”) We recognize revenue and the corresponding cost of products sold on the sale of motorhome chassis and service bodies where we own the 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 or vehicle to the customer. 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 service bodies where the customer owns the chassis, upfit 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 receivables are generally collected in less than three
Business Combinations Policy [Policy Text Block]	Business Combinations may may not one Accounting for such acquisitions requires us to make significant assumptions and estimates and are adjusted during the measurement period for a period of up to one third
Shipping and Handling of Products [Policy Text Block]	Shipping and Handling of Products
Cash and Cash Equivalents, Policy [Policy Text Block]	Cash and Cash Equivalents. three
Accounts Receivable [Policy Text Block]	Accounts Receivable not 30 60
Inventory, Policy [Policy Text Block]	Inventories. first first
Contract Assets, Policy [Policy Text Block]	Contract Assets.
Property, Plant and Equipment, Policy [Policy Text Block]	Property, Plant and Equipment. three three seven three five may not 6 – Property, Plant and Equipment
Goodwill and Intangible Assets, Policy [Policy Text Block]	Goodwill and Other Intangible Assets not may not Other intangible assets with finite lives are amortized over their estimated useful lives and are tested for impairment whenever events or changes in circumstances indicate that their carrying amounts may not We perform our annual goodwill and indefinite lived intangible assets impairment test as of October 1 first not not not If we elect to bypass the qualitative assessment for a reporting unit, or if after completing the assessment we determine that it is more likely than not not We evaluate the recoverability of our indefinite lived intangible assets by comparing the estimated fair value of the trade names with their carrying values. We estimate the fair value of our trade names based on estimates of future royalty payments that are avoided through our ownership of the trade name, discounted to their present value. In determining the estimated fair value of the trade names, we consider current and projected future levels of sales based on our plans for those branded products, business trends, prospects and market and economic conditions. Significant judgments inherent in these assessments and analyses include assumptions about macroeconomic and industry conditions, appropriate sales growth rates, WACC and the amount of expected future net cash flows. The judgments and assumptions used in the estimate of fair value are generally consistent with the projections and assumptions that are used in current operating plans. Such assumptions are subject to change because of changing economic and competitive conditions. The determination of fair value is highly sensitive to differences between estimated and actual cash flows and changes in the related discount rate used to evaluate the fair value of the reporting units and trade names. See “Note 5 – Goodwill and Intangible Assets
Standard Product Warranty, Policy [Policy Text Block]	Warranties 10 – Commitments and Contingent Liabilities
Deposits from Customers [Policy Text Block]	Contract Liabilities
Research and Development Expense, Policy [Policy Text Block]	Research and Development
Income Tax, Policy [Policy Text Block]	Taxes on Income not We establish valuation allowances for deferred income tax assets in accordance with GAAP, which provides that such valuation allowances shall be established unless realization of the income tax benefits is more likely than not. We recognize the tax benefit from an uncertain tax position only if it is more likely than not no not Interest and penalties attributable to income taxes are recorded as a component of income taxes. See “Note 8 – Taxes on Income
Earnings Per Share, Policy [Policy Text Block]	Earnings Per Share 13 – Stock-Based Compensation 15 – Earnings Per Share
Share-Based Payment Arrangement [Policy Text Block]	Stock - B ased Compensation 13 – Stock Based Compensation
Fair Value of Financial Instruments, Policy [Policy Text Block]	Fair Value December 31, 2024 2023
Segment Reporting, Policy [Policy Text Block]	Segment Reporting. two 16 – Business Segments
Supplemental Disclosures of Cash Flow Policy [Policy Text Block]	Supplemental Disclosures of Cash Flow Information. 2024, 2023, 2022. 2024, 2023, 2022. 2024, 2023, 2022. 12 Debt July 24, 2024, 2024 first two 2024,
New Accounting Pronouncements, Policy [Policy Text Block]	Recently Adopted Accounting Standards. November 2023, No. 2023 07, 280 2023 07” 2023 07 2023 07 December 15, 2023, December 15, 2024. 2023 07 December 31, 2024 Recently issued accounting pronouncements not November 2024, No. 2024 03, 220 40 December 15, 2026, December 15, 2027.

Note 2 - Acquisition Activiti_2

Note 2 - Acquisition Activities (Tables)	12 Months Ended
	Dec. 31, 2024
Notes Tables
Schedule of Business Acquisitions, by Acquisition [Table Text Block]	Preliminary purchase price: Cash paid $ 49,889 Fair value of contingent consideration 4,300 Total preliminary purchase price $ 54,189
Schedule of Recognized Identified Assets Acquired and Liabilities Assumed [Table Text Block]	Fair value of identifiable assets and liabilities: Cash and cash equivalents $ 2,259 Accounts receivable 8,726 Contract assets 341 Inventory 10,711 Other current assets 13 Property, plant and equipment 5,525 Right of use assets-operating leases 33 Other assets 5 Intangible assets 18,650 Goodwill 15,214 Total assets acquired 61,477 Accounts payable (6,395 ) Contract liabilities (17 ) Operating lease liabilities (6 ) Other current liabilities and accrued expenses (843 ) Long-term operating lease liability (27 ) Total liabilities assumed (7,288 ) Total fair value allocation of preliminary purchase price $ 54,189
Schedule of Finite-Lived Intangible Assets Acquired as Part of Business Combination [Table Text Block]	Amount Useful Life (in years) Weighted Average Amortization Period (in years) Customer relationships $ 11,800 13 8.2 Backlog 1,600 1 0.1 Trade names and trademarks 1,600 6 0.5 Unpatented technology 3,400 10 1.8 Non-competition agreements 250 5 0.1 $ 18,650 10.7

Note 3 - Revenue (Tables)

Note 3 - Revenue (Tables)	12 Months Ended
	Dec. 31, 2024
Notes Tables
Contract with Customer, Contract Asset, Contract Liability, and Receivable [Table Text Block]	December 31, 2024 December 31, 2023 Contract Assets Contract assets, beginning of year $ 50,305 $ 86,993 Reclassification of the beginning contract assets to receivables, as the result of rights to consideration becoming unconditional (50,193 ) (86,627 ) Contract assets recognized, net of reclassification to receivables 40,784 49,939 Contract assets, end of year $ 40,896 $ 50,305 Contract Liabilities Contract liabilities, beginning of year $ 4,756 $ 5,255 Reclassification of the beginning contract liabilities to revenue, as the result of performance obligations satisfied (4,602 ) (5,182 ) Cash received in advance and not recognized as revenue 3,399 4,683 Contract liabilities, end of year $ 3,553 $ 4,756
Disaggregation of Revenue [Table Text Block]	Year Ended December 31, 2024 FVS SV Total Reportable Segments Eliminations and Other Total Primary geographical markets United States $ 386,671 $ 346,979 $ 733,650 $ 4,095 $ 737,745 Other 47,522 909 48,431 - 48,431 Total sales $ 434,193 $ 347,888 $ 782,081 $ 4,095 $ 786,176 Timing of revenue recognition Products transferred at a point in time $ 66,855 $ 130,001 $ 196,856 $ 4,268 $ 201,124 Products and services transferred over time 367,338 217,887 585,225 (173 ) 585,052 Total sales $ 434,193 $ 347,888 $ 782,081 $ 4,095 $ 786,176 Year Ended December 31, 2023 FVS SV Total Reportable Segments Eliminations and Other Total Primary geographical markets United States $ 517,116 $ 334,559 $ 851,675 $ (4,183 ) $ 847,492 Other 24,522 184 24,706 - 24,706 Total sales $ 541,638 $ 334,743 $ 876,381 $ (4,183 ) $ 872,198 Timing of revenue recognition Products transferred at a point in time $ 54,566 $ 147,766 $ 202,332 $ 467 $ 202,799 Products and services transferred over time 487,072 186,977 674,049 (4,650 ) 669,399 Total sales $ 541,638 $ 334,743 $ 876,381 $ (4,183 ) $ 872,198 Year Ended December 31, 2022 FVS SV Total Reportable Segments Eliminations and Other Total Primary geographical markets United States $ 639,441 $ 386,536 $ 1,025,977 $ (6,483 ) $ 1,019,494 Other 7,562 108 7,670 - 7,670 Total sales $ 647,003 $ 386,644 $ 1,033,647 $ (6,483 ) $ 1,027,164 Timing of revenue recognition Products transferred at a point in time $ 41,750 $ 208,645 $ 250,395 $ - $ 250,395 Products and services transferred over time 605,253 177,999 783,252 (6,483 ) 776,769 Total sales $ 647,003 $ 386,644 $ 1,033,647 $ (6,483 ) $ 1,027,164

Note 4 - Inventories (Tables)

Note 4 - Inventories (Tables)	12 Months Ended
	Dec. 31, 2024
Notes Tables
Schedule of Inventory, Current [Table Text Block]	December 31, 2024 2023 Finished goods $ 7,654 $ 9,374 Work in process 3,304 2,543 Raw materials and purchased components 98,901 93,218 Total Inventories $ 109,859 $ 105,135

Note 5 - Goodwill and Intangi_2

Note 5 - Goodwill and Intangible Assets (Tables)	12 Months Ended
	Dec. 31, 2024
Notes Tables
Schedule of Goodwill [Table Text Block]	FVS SV Total December 31, December 31, December 31, 2024 2023 2024 2023 2024 2023 Goodwill, beginning of year $ 15,323 $ 15,323 $ 33,557 $ 33,557 $ 48,880 $ 48,880 Acquisition and measurement period adjustments - - 15,214 - 15,214 - Goodwill, end of year $ 15,323 $ 15,323 $ 48,771 $ 33,557 $ 64,094 $ 48,880
Schedule of Finite-Lived Intangible Assets [Table Text Block]	As of December 31, 2024 As of December 31, 2023 Gross carrying amount Accumulated amortization Net Gross carrying amount Accumulated amortization Net Customer relationships $ 50,880 $ 18,240 $ 32,640 $ 39,080 $ 15,068 $ 24,012 Unpatented technology 3,940 403 3,537 540 195 345 Patented technology 2,200 1,444 756 2,200 1,169 1,031 Non-compete agreements 3,230 2,876 354 2,980 2,490 490 Trade Names 20,990 116 20,874 19,390 - 19,390 Backlog 1,600 697 903 - - - $ 82,840 $ 23,776 $ 59,064 $ 64,190 $ 18,922 $ 45,268
Schedule of Finite-Lived Intangible Assets, Future Amortization Expense [Table Text Block]	Amount 2025 5,538 2026 4,508 2027 4,513 2028 4,156 2029 3,865 Thereafter 17,094 Total $ 39,674

Note 6 - Property, Plant and _2

Note 6 - Property, Plant and Equipment (Tables)	12 Months Ended
	Dec. 31, 2024
Notes Tables
Property, Plant and Equipment [Table Text Block]	December 31, 2024 2023 Land and improvements $ 14,007 $ 12,578 Buildings and improvements 57,539 53,789 Plant machinery and equipment 70,840 60,517 Furniture and fixtures 19,500 19,474 Vehicles 2,249 2,015 Construction in process 1,960 10,570 Subtotal 166,095 158,943 Less accumulated depreciation (85,028 ) (75,506 ) Total property, plant and equipment, net $ 81,067 $ 83,437

Note 7 - Leases (Tables)

Note 7 - Leases (Tables)	12 Months Ended
	Dec. 31, 2024
Notes Tables
Lease, Cost [Table Text Block]	Year ended December 31, 2024 Year ended December 31, 2023 Year ended December 31, 2022 Operating leases $ 10,921 $ 11,388 $ 10,302 Short-term leases (1) 1,356 1,285 301 Total lease expense $ 12,277 $ 12,673 $ 10,603 Year ended December 31, 2024 Year ended December 31, 2023 Weighted average remaining lease term of operating leases (in years) 7.0 7.2 Weighted average discount rate of operating leases 3.3 % 2.9 % Year ended December 31, 2024 Year ended December 31, 2023 Year ended December 31, 2022 Cash paid for amounts included in the measurement of lease liabilities: Operating cash flow for operating leases $ 11,632 $ 11,041 $ 9,500 Right of use assets obtained in exchange for lease obligations: Operating leases $ 5,583 $ 7,025 $ 19,159 Finance leases $ 444 $ 95 $ 304
Lessee, Operating Lease, Liability, to be Paid, Maturity [Table Text Block]	Years ending December 31: 2025 10,924 2026 9,013 2027 6,323 2028 4,675 2029 4,087 Thereafter 13,204 Total lease payments 48,226 Less: imputed interest (5,393 ) Total lease liabilities $ 42,833

Note 8 - Taxes on Income (Table

Note 8 - Taxes on Income (Tables)	12 Months Ended
	Dec. 31, 2024
Notes Tables
Schedule of Income Tax Expense (Benefit), Including Discontinued Operations [Table Text Block]	Year Ended December 31, 2024 2023 2022 Taxes (benefit) on income $ 566 $ (5,768 ) $ 7,368
Schedule of Components of Income Tax Expense (Benefit) [Table Text Block]	Year Ended December 31, 2024 2023 2022 Current (benefit): Federal $ 5,471 $ (610 ) $ 10,672 State 1,033 1,521 1,960 Foreign 307 231 175 Total current 6,811 1,142 12,807 Deferred (benefit): Federal (5,764 ) (5,828 ) (4,976 ) State (481 ) (1,082 ) (463 ) Total deferred (6,245 ) (6,910 ) (5,439 ) Total taxes (benefit) on income $ 566 $ (5,768 ) $ 7,368
Schedule of Effective Income Tax Rate Reconciliation [Table Text Block]	Year Ended December 31, 2024 2023 2022 Federal income taxes at the statutory rate $ (468 ) $ 146 $ 9,224 State tax expense, net of federal income tax benefit 363 509 1,132 Increase (decrease) in income taxes resulting from: Non-deductible compensation 1,021 422 851 Stock based compensation 1,265 (82 ) (819 ) Foreign-derived intangible income deduction (492 ) (515 ) - EPA settlement 422 - - Unrecognized tax benefit adjustment 400 (2,234 ) - Federal research and development tax credit (1,898 ) (3,645 ) (2,681 ) Other (47 ) (369 ) (339 ) Total $ 566 $ (5,768 ) $ 7,368
Schedule of Deferred Tax Assets and Liabilities [Table Text Block]	December 31, 2024 2023 Deferred income tax assets: Operating lease liability $ 10,873 $ 11,783 Research and development costs 23,175 19,937 Warranty reserve 1,446 1,164 Inventory costs and reserves 5,400 5,784 Contract assets 3,848 5,181 Stock-based compensation 1,262 1,699 Net operating loss carry-forwards, net of federal income tax benefit 328 504 Compensation related accruals 973 916 Credit carry-forwards net of federal income tax benefit 1,894 1,752 Other 911 857 Total deferred income tax assets $ 50,110 $ 49,577 Deferred income tax liabilities: Cost offset method $ (5,726 ) $ (8,304 ) Right of use assets (10,327 ) (11,231 ) Depreciation (8,026 ) (8,551 ) Intangible assets (965 ) (2,709 ) Prepaid expenses (1,521 ) (1,482 ) Total deferred income tax liabilities $ (26,565 ) $ (32,277 ) Net deferred tax asset $ 23,545 $ 17,300
Schedule of Unrecognized Tax Benefits Roll Forward [Table Text Block]	2024 2023 2022 Balance, beginning of year $ 4,664 $ 5,748 $ 5,247 Increase (decrease) related to prior year tax positions 471 362 (139 ) Increase related to current year tax positions 203 679 775 Settlement - - (97 ) Expiration of statute (91 ) (2,125 ) (38 ) Balance, end of year $ 5,247 $ 4,664 $ 5,748

Note 9 - Transactions with Ma_2

Note 9 - Transactions with Major Customers (Tables)	12 Months Ended
	Dec. 31, 2024
Notes Tables
Schedules of Concentration of Risk, by Risk Factor [Table Text Block]	Year Number of major customers Combined percentage of consolidated sales Segment 2022 2 25.4 % FVS and SV

Note 10 - Commitments and Con_2

Note 10 - Commitments and Contingent Liabilities (Tables)	12 Months Ended
	Dec. 31, 2024
Notes Tables
Schedule of Product Warranty Liability [Table Text Block]	2024 2023 Balance of accrued warranty, beginning of year $ 7,231 $ 7,161 Accruals for warranties issued 3,590 5,882 Changes in liability for pre-existing warranties 1,260 (1,309 ) Cash settlements (4,488 ) (4,503 ) Acquisition 60 - Balance of accrued warranty, end of year $ 7,653 $ 7,231

Note 12 - Debt (Tables)

Note 12 - Debt (Tables)	12 Months Ended
	Dec. 31, 2024
Notes Tables
Schedule of Short-Term Debt [Table Text Block]	December 31, December 31, Chassis pool agreements $ 37,032 $ 34,496 Total short-term debt $ 37,032 $ 34,496
Schedule of Long-Term Debt Instruments [Table Text Block]	December 31, December 31, Revolving credit facility $ 95,000 $ 50,000 Finance lease obligations 458 329 Total debt 95,458 50,329 Less current portion of long-term debt (235 ) (185 ) Total long-term debt $ 95,223 $ 50,144

Note 13 - Stock Based Compens_2

Note 13 - Stock Based Compensation (Tables)	12 Months Ended
	Dec. 31, 2024
Notes Tables
Share-Based Payment Arrangement, Restricted Stock and Restricted Stock Unit, Activity [Table Text Block]	Total (000) Weighted Weighted Non-vested shares outstanding at January 1, 2022 190 $ 21.81 1.0 Vested (91 ) 17.62 Forfeited (28 ) 21.98 Non-vested shares outstanding at December 31, 2022 71 27.14 0.6 Vested (47 ) 22.28 Forfeited (4 ) 36.31 Non-vested shares outstanding at December 31, 2023 20 36.72 0.3 Granted 636 11.74 Vested (297 ) 13.35 Non-vested shares outstanding at December 31, 2024 359 $ 3.4
Schedule of Share-based Payment Award, Valuation Assumptions [Table Text Block]	Granted in 2024 Granted in 2023 Granted in 2022 Risk-free rate of return (1) 4.45 % 4.15 % 2.41 % Expected term (in years) 2.8 2.8 2.7 Estimated volatility (2) 54.5 % 49.5 % 55.6 %
Share-Based Payment Arrangement, Activity [Table Text Block]	Total Number of Non-vested Shares (000) Weighted- Average Grant Date Fair Value per Unit Non-vested as of January 1, 2022 483 $ 19.33 Granted 124 40.49 Vested (194 ) 11.82 Forfeited (38 ) 28.27 Non-vested as of December 31, 2022 375 29.31 Granted 294 23.86 Vested (187 ) 20.89 Forfeited (39 ) 36.89 Non-vested as of December 31, 2023 443 30.99 Granted 342 15.03 Vested (67 ) 47.84 Forfeited (178 ) 24.15 Non-vested as of December 31, 2024 540 $ 18.06 Total Number of Non-vested Shares (000) Weighted- Average Grant Date Fair Value per Unit Non-vested as of January 1, 2022 201 $ 24.51 Granted 241 29.58 Vested (105 ) 22.15 Forfeited (30 ) 32.96 Non-vested as of December 31, 2022 307 28.38 Granted 274 19.38 Vested (154 ) 25.53 Forfeited (42 ) 28.47 Non-vested as of December 31, 2023 385 21.05 Granted 553 12.45 Vested (309 ) 21.48 Forfeited (103 ) 16.18 Non-vested as of December 31, 2024 526 $

Note 14 - Shareholders Equity (

Note 14 - Shareholders Equity (Tables)	12 Months Ended
	Dec. 31, 2024
Notes Tables
Schedule of Common Stock Repurchased and Retired [Table Text Block]	Year Ended December 31, Shares purchased (000) Purchase value Approximate Dollar Value of Shares That 2024 - $ - $ 223,019 2023 1,022 $ 19,083 $ 223,019

Note 15 - Earnings Per Share (T

Note 15 - Earnings Per Share (Tables)	12 Months Ended
	Dec. 31, 2024
Notes Tables
Schedule of Weighted Average Number of Shares [Table Text Block]	Year Ended December 31, 2024 2023 2022 Basic weighted average common shares outstanding 34,427 34,721 35,073 Plus dilutive effect of Restricted Stock Units and Performance Stock Units - 140 421 Diluted weighted average common shares outstanding 34,427 34,861 35,494

Note 16 - Business Segments (Ta

Note 16 - Business Segments (Tables)	12 Months Ended
	Dec. 31, 2024
Notes Tables
Schedule of Segment Reporting Information, by Segment [Table Text Block]	Segment FVS SV Total Fleet vehicles sales $ 367,338 $ - $ 367,338 Motorhome chassis sales - 75,895 75,895 Other specialty vehicles sales - 243,117 243,117 Aftermarket parts and accessories sales 66,855 28,876 95,731 Segment sales $ 434,193 $ 347,888 782,081 Eliminations and other 4,095 Total consolidated sales $ 786,176 Segment FVS SV Eliminations and Other Consolidated Depreciation and amortization expense $ 7,157 $ 7,707 $ 5,388 $ 20,252 Segment assets $ 201,544 $ 274,377 $ 92,827 $ 568,748 Capital expenditures $ 1,843 $ 1,890 $ 5,490 $ 9,223 Segment FVS SV Sales $ 434,193 $ 347,888 Cost of products sold (374,014 ) (245,662 ) Research and development (1,682 ) (1,545 ) Selling, general and administrative (28,988 ) (36,133 ) Other segment items 1 1,679 2,742 Adjusted EBITDA $ 31,188 $ 67,290 Segment FVS SV Total Fleet vehicles sales $ 487,072 $ - $ 487,072 Motorhome chassis sales - 104,882 104,882 Other specialty vehicles sales - 209,434 209,434 Aftermarket parts and accessories sales 54,566 20,427 74,993 Segment sales $ 541,638 $ 334,743 876,381 Eliminations and other (4,183 ) Total consolidated sales $ 872,198 Segment FVS SV Eliminations and Other Consolidated Depreciation and amortization expense $ 6,552 $ 6,720 $ 3,681 $ 16,953 Segment assets $ 241,546 $ 213,509 $ 74,994 $ 530,049 Capital expenditures $ 5,065 $ 2,567 $ 17,844 $ 25,476 Segment FVS SV Sales $ 541,638 $ 334,743 Cost of products sold (482,899 ) (241,429 ) Research and development (1,787 ) (1,737 ) Selling, general and administrative (24,729 ) (30,304 ) Other segment items 1 (1,897 ) 4,913 Adjusted EBITDA $ 30,326 $ 66,186 Segment FVS SV Total Fleet vehicles sales $ 605,253 $ - $ 605,253 Motorhome chassis sales - 175,030 175,030 Other specialty vehicles sales - 191,882 191,882 Aftermarket parts and accessories sales 41,750 19,732 61,482 Segment sales $ 647,003 $ 386,644 1,033,647 Eliminations and other (6,483 ) Total consolidated sales $ 1,027,164 Segment FVS SV Eliminations and Other Consolidated Depreciation and amortization expense $ 4,555 $ 7,011 $ 3,208 $ 14,774 Segment assets $ 308,357 $ 220,768 $ 51,356 $ 580,481 Capital expenditures $ 13,381 $ 1,268 $ 6,893 $ 21,542 Segment FVS SV Sales $ 647,003 $ 386,644 Cost of products sold (550,076 ) (303,138 ) Research and development (3,310 ) (1,596 ) Selling, general and administrative (22,810 ) (31,040 ) Other segment items 1 (5,087 ) 3,544 Adjusted EBITDA $ 65,719 $ 54,413
Segment, Reconciliation of Other Items from Segments to Consolidated [Table Text Block]	Total Segment Adjusted EBITDA $ 98,478 Unallocated corporate expenses (49,630 ) Interest expense (8,540 ) Depreciation and amortization (20,252 ) Restructuring and other related charges (1,324 ) Transaction related expenses and adjustments (10,154 ) Non-cash stock-based compensation expense (10,250 ) Loss from write-off of assets (147 ) Legacy legal matters (2,000 ) CEO transition (147 ) Gains from insurance settlement 1,737 Income (loss) before income taxes $ (2,229 ) Total Segment Adjusted EBITDA $ 96,512 Unallocated corporate expenses (56,544 ) Net loss attributable to non-controlling interest (32 ) Interest expense (6,527 ) Depreciation and amortization (16,953 ) Restructuring and other related charges (1,741 ) Transaction related expenses and adjustments (440 ) Non-cash stock-based compensation expense (7,834 ) Loss from write-off of assets (1,872 ) Legacy legal matters (956 ) Non-recurring professional fees (288 ) CEO transition (2,629 ) Income before income taxes $ 696 Total Segment Adjusted EBITDA $ 120,132 Unallocated corporate expenses (49,339 ) Interest expense (2,833 ) Depreciation and amortization (14,774 ) Restructuring and other related charges (757 ) Transaction related expenses and adjustments (884 ) Non-cash stock-based compensation expense (7,619 ) Income before income taxes $ 43,926

Schedule II - Valuation and Q_2

Schedule II - Valuation and Qualifying Accounts (Tables)	12 Months Ended
	Dec. 31, 2024
Notes Tables
Valuation Allowances and Reserves [Table Text Block]	Description Balance at Additions Additions Deductions Balance Year ended December 31, 2024: Allowance for doubtful accounts $ 276 $ 453 $ - $ (196 ) $ 533 Year ended December 31, 2023: Allowance for doubtful accounts $ 246 $ 159 $ - $ (129 ) $ 276 Year ended December 31, 2022: Allowance for doubtful accounts $ 187 $ 240 $ - $ (181 ) $ 246

Note 1 - Nature of Operations_2

Note 1 - Nature of Operations and Basis of Presentation (Details Textual) $ / shares in Units, $ in Thousands		12 Months Ended
	Dec. 16, 2024 $ / shares shares	Dec. 31, 2024 USD ($)	Dec. 31, 2023 USD ($)	Dec. 31, 2022 USD ($)	Jul. 24, 2024 USD ($)
Board Of Director Members	11
Number of Reportable Segments		2
Interest Paid, Including Capitalized Interest, Operating and Investing Activities		$ 8,011	$ 5,620	$ 2,176
Income Taxes Paid, Net		5,071	5,585	1,319
Capital Expenditures Incurred but Not yet Paid		1,151	$ 5,585	$ 2,489
Share-Based Payment Arrangement, Decrease for Tax Withholding Obligation		$ 3,257
Building and Building Improvements [Member]
Property, Plant and Equipment, Useful Life (Year)		20 years
Machinery and Equipment [Member] | Minimum [Member]
Property, Plant and Equipment, Useful Life (Year)		3 years
Machinery and Equipment [Member] | Maximum [Member]
Property, Plant and Equipment, Useful Life (Year)		15 years
Furniture and Fixtures [Member] | Minimum [Member]
Property, Plant and Equipment, Useful Life (Year)		3 years
Furniture and Fixtures [Member] | Maximum [Member]
Property, Plant and Equipment, Useful Life (Year)		7 years
Vehicles [Member] | Minimum [Member]
Property, Plant and Equipment, Useful Life (Year)		3 years
Vehicles [Member] | Maximum [Member]
Property, Plant and Equipment, Useful Life (Year)		5 years
Spartan-Gimaex Joint Venture [Member]
Noncontrolling Interest, Ownership Percentage by Parent				50%
Aebi Schmidt Designated Board of Directors [Member]
Board Of Director Members	6
The Shyft Group Designated Board of Directors [Member]
Board Of Director Members	5
Aebi Schmidt Merger Agreement [Member]
Conversion of Shares To Rights To Receive Shares (in shares) | shares	1.040166432
Common Stock, Par or Stated Value Per Share (in dollars per share) | $ / shares	$ 1
Independent Truck Upfitters [Member]
Business Acquisition, Percentage of Voting Interests Acquired					100%
Business Combination, Contingent Consideration Arrangements, Range of Outcomes, Value, High					$ 8,000

Note 2 - Acquisition Activiti_3

Note 2 - Acquisition Activities (Details Textual) - USD ($) $ in Thousands			1 Months Ended	12 Months Ended
	Dec. 31, 2024	Jul. 24, 2024	Dec. 31, 2024	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Goodwill	$ 64,094		$ 64,094	$ 64,094	$ 48,880	$ 48,880
Amortization of Intangible Assets				4,855	$ 3,810	$ 3,903
Independent Truck Upfitters [Member]
Business Acquisition, Percentage of Voting Interests Acquired		100%
Payments to Acquire Businesses, Gross	49,889	$ 50,889
Business Combination, Contingent Consideration Arrangements, Range of Outcomes, Value, High		8,000
Working Capital Adjustment			1,000
Business Combination, Acquisition Related Costs				1,576
Goodwill	15,214	15,214	15,214	15,214
Business Combination, Contingent Consideration, Liability, Current	2,680		2,680	2,680
Business Combination, Contingent Consideration, Liability, Noncurrent	1,620		1,620	1,620
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Intangible Assets, Other than Goodwill	$ 18,650	$ 18,650	$ 18,650	18,650
Amortization of Intangible Assets				$ 1,378

Note 2 - Acquisition Activiti_4

Note 2 - Acquisition Activities - Preliminary Purchase Price (Details) - Independent Truck Upfitters [Member] - USD ($) $ in Thousands	Dec. 31, 2024	Jul. 24, 2024
Cash paid	$ 49,889	$ 50,889
Fair value of contingent consideration	4,300
Total preliminary purchase price	$ 54,189

Note 2 - Acquisition Activiti_5

Note 2 - Acquisition Activities - Allocation of Purchase Price (Details) - USD ($) $ in Thousands	Dec. 31, 2024	Jul. 24, 2024	Dec. 31, 2023	Dec. 31, 2022
Goodwill	$ 64,094		$ 48,880	$ 48,880
Independent Truck Upfitters [Member]
Cash and cash equivalents	2,259
Accounts receivable	8,726
Contract assets	341
Inventory	10,711
Other current assets	13
Property, plant and equipment	5,525
Right of use assets-operating leases	33
Other assets	5
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Intangible Assets, Other than Goodwill	18,650	$ 18,650
Goodwill	15,214	$ 15,214
Total assets acquired	61,477
Accounts payable	(6,395)
Contract liabilities	(17)
Operating lease liabilities	(6)
Other current liabilities and accrued expenses	(843)
Long-term operating lease liability	(27)
Total liabilities assumed	(7,288)
Total fair value allocation of preliminary purchase price	$ 54,189

Note 2 - Acquisition Activiti_6

Note 2 - Acquisition Activities - Schedule of Intangible Assets Acquired (Details) - Independent Truck Upfitters [Member] $ in Thousands	Jul. 24, 2024 USD ($)
Finite-Lived Intangibles	$ 18,650
Finite-Lived Intangible Asset, Weighted Average Amortization Period (Year)	10 years 8 months 12 days
Customer Relationships [Member]
Finite-Lived Intangibles	$ 11,800
Finite-Lived Intangible Asset, Useful Life (Year)	13 years
Finite-Lived Intangible Asset, Weighted Average Amortization Period (Year)	8 years 2 months 12 days
Order or Production Backlog [Member]
Finite-Lived Intangibles	$ 1,600
Finite-Lived Intangible Asset, Useful Life (Year)	1 year
Finite-Lived Intangible Asset, Weighted Average Amortization Period (Year)	1 month 6 days
Trademarks and Trade Names [Member]
Finite-Lived Intangibles	$ 1,600
Finite-Lived Intangible Asset, Useful Life (Year)	6 years
Finite-Lived Intangible Asset, Weighted Average Amortization Period (Year)	6 months
Unpatented Technology [Member]
Finite-Lived Intangibles	$ 3,400
Finite-Lived Intangible Asset, Useful Life (Year)	10 years
Finite-Lived Intangible Asset, Weighted Average Amortization Period (Year)	1 year 9 months 18 days
Noncompete Agreements [Member]
Finite-Lived Intangibles	$ 250
Finite-Lived Intangible Asset, Useful Life (Year)	5 years
Finite-Lived Intangible Asset, Weighted Average Amortization Period (Year)	1 month 6 days

Note 3 - Revenue (Details Textu

Note 3 - Revenue (Details Textual) - Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2025-01-01 $ in Thousands	Dec. 31, 2024 USD ($)
Fleet Vehicles and Services [Member]
Revenue, Remaining Performance Obligation, Amount	$ 244,784
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Period (Year)	1 year
Specialty Vehicles [Member]
Revenue, Remaining Performance Obligation, Amount	$ 68,460
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Period (Year)	1 year

Note 3 - Revenue - Contract Ass

Note 3 - Revenue - Contract Assets and Liabilities (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023
Contract assets, beginning of year	$ 50,305	$ 86,993
Reclassification of the beginning contract assets to receivables, as the result of rights to consideration becoming unconditional	(50,193)	(86,627)
Contract assets recognized, net of reclassification to receivables	40,784	49,939
Contract assets, end of year	40,896	50,305
Contract liabilities, beginning of year	4,756	5,255
Reclassification of the beginning contract liabilities to revenue, as the result of performance obligations satisfied	(4,602)	(5,182)
Cash received in advance and not recognized as revenue	3,399	4,683
Contract liabilities, end of year	$ 3,553	$ 4,756

Note 3 - Revenue - Disaggregate

Note 3 - Revenue - Disaggregated Revenue (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Revenues	$ 786,176	$ 872,198	$ 1,027,164
Transferred at Point in Time [Member]
Revenues	201,124	202,799	250,395
Transferred over Time [Member]
Revenues	585,052	669,399	776,769
Operating Segments [Member]
Revenues	782,081	876,381	1,033,647
Operating Segments [Member] | Transferred at Point in Time [Member]
Revenues	196,856	202,332	250,395
Operating Segments [Member] | Transferred over Time [Member]
Revenues	585,225	674,049	783,252
Consolidation, Eliminations [Member]
Revenues	4,095	(4,183)	(6,483)
Consolidation, Eliminations [Member] | Transferred at Point in Time [Member]
Revenues	4,268	467	0
Consolidation, Eliminations [Member] | Transferred over Time [Member]
Revenues	(173)	(4,650)	(6,483)
Fleet Vehicles and Services [Member] | Operating Segments [Member]
Revenues	434,193	541,638	647,003
Fleet Vehicles and Services [Member] | Operating Segments [Member] | Transferred at Point in Time [Member]
Revenues	66,855	54,566	41,750
Fleet Vehicles and Services [Member] | Operating Segments [Member] | Transferred over Time [Member]
Revenues	367,338	487,072	605,253
Specialty Vehicles [Member] | Operating Segments [Member]
Revenues	347,888	334,743	386,644
Specialty Vehicles [Member] | Operating Segments [Member] | Transferred at Point in Time [Member]
Revenues	130,001	147,766	208,645
Specialty Vehicles [Member] | Operating Segments [Member] | Transferred over Time [Member]
Revenues	217,887	186,977	177,999
UNITED STATES
Revenues	737,745	847,492	1,019,494
UNITED STATES | Operating Segments [Member]
Revenues	733,650	851,675	1,025,977
UNITED STATES | Consolidation, Eliminations [Member]
Revenues	4,095	(4,183)	(6,483)
UNITED STATES | Fleet Vehicles and Services [Member] | Operating Segments [Member]
Revenues	386,671	517,116	639,441
UNITED STATES | Specialty Vehicles [Member] | Operating Segments [Member]
Revenues	346,979	334,559	386,536
Non-US [Member]
Revenues	48,431	24,706	7,670
Non-US [Member] | Operating Segments [Member]
Revenues	48,431	24,706	7,670
Non-US [Member] | Consolidation, Eliminations [Member]
Revenues	0	0	0
Non-US [Member] | Fleet Vehicles and Services [Member] | Operating Segments [Member]
Revenues	47,522	24,522	7,562
Non-US [Member] | Specialty Vehicles [Member] | Operating Segments [Member]
Revenues	$ 909	$ 184	$ 108

Note 4 - Inventories - Summary

Note 4 - Inventories - Summary of Inventories (Details) - USD ($) $ in Thousands	Dec. 31, 2024	Dec. 31, 2023
Finished goods	$ 7,654	$ 9,374
Work in process	3,304	2,543
Raw materials and purchased components	98,901	93,218
Total Inventories	$ 109,859	$ 105,135

Note 5 - Goodwill and Intangi_3

Note 5 - Goodwill and Intangible Assets (Details Textual) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Amortization of Intangible Assets	$ 4,855	$ 3,810	$ 3,903

Note 5 - Goodwill and Intangi_4

Note 5 - Goodwill and Intangible Assets - Goodwill (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023
Goodwill, beginning of year	$ 48,880	$ 48,880
Acquisition and measurement period adjustments	15,214	0
Goodwill, end of year	64,094	48,880
Fleet Vehicles and Services [Member]
Goodwill, beginning of year	15,323	15,323
Acquisition and measurement period adjustments	0	0
Goodwill, end of year	15,323	15,323
Specialty Vehicles [Member]
Goodwill, beginning of year	33,557	33,557
Acquisition and measurement period adjustments	15,214	0
Goodwill, end of year	$ 48,771	$ 33,557

Note 5 - Goodwill and Intangi_5

Note 5 - Goodwill and Intangible Assets - Other Intangible Assets (Details) - USD ($) $ in Thousands	Dec. 31, 2024	Dec. 31, 2023
Accumulated amortization, finite-lived	$ 23,776	$ 18,922
Net carrying amount, finite-lived	39,674
Gross carrying amount, intangible assets	82,840	64,190
Net carrying amount, intangible assets	59,064	45,268
Customer Relationships [Member]
Gross carrying amount, finite-lived	50,880	39,080
Accumulated amortization, finite-lived	18,240	15,068
Net carrying amount, finite-lived	32,640	24,012
Unpatented Technology [Member]
Gross carrying amount, finite-lived	3,940	540
Accumulated amortization, finite-lived	403	195
Net carrying amount, finite-lived	3,537	345
Patented Technology [Member]
Gross carrying amount, finite-lived	2,200	2,200
Accumulated amortization, finite-lived	1,444	1,169
Net carrying amount, finite-lived	756	1,031
Noncompete Agreements [Member]
Gross carrying amount, finite-lived	3,230	2,980
Accumulated amortization, finite-lived	2,876	2,490
Net carrying amount, finite-lived	354	490
Trade Names [Member]
Gross carrying amount, intangible assets	20,990	19,390
Accumulated amortization, intangible assets	116	0
Net carrying amount, intangible assets	20,874	19,390
Order or Production Backlog [Member]
Gross carrying amount, finite-lived	1,600	0
Accumulated amortization, finite-lived	697	0
Net carrying amount, finite-lived	$ 903	$ 0

Note 5 - Goodwill and Intangi_6

Note 5 - Goodwill and Intangible Assets - Estimated Remaining Amortization Associated With Finite-lived Intangible Assets (Details) $ in Thousands	Dec. 31, 2024 USD ($)
2025	$ 5,538
2026	4,508
2027	4,513
2028	4,156
2029	3,865
Thereafter	17,094
Total	$ 39,674

Note 6 - Property, Plant and _3

Note 6 - Property, Plant and Equipment (Details Textual) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Depreciation	$ 15,397	$ 13,143	$ 10,871
Interest Costs Capitalized	$ 0	$ 0	$ 0

Note 6 - Property, Plant and _4

Note 6 - Property, Plant and Equipment - Summary of Property, Plant, and Equipment (Details) - USD ($) $ in Thousands	Dec. 31, 2024	Dec. 31, 2023
Property, plant and equipment, gross	$ 166,095	$ 158,943
Less accumulated depreciation	(85,028)	(75,506)
Total property, plant and equipment, net	81,067	83,437
Land and Land Improvements [Member]
Property, plant and equipment, gross	14,007	12,578
Building and Building Improvements [Member]
Property, plant and equipment, gross	57,539	53,789
Machinery and Equipment [Member]
Property, plant and equipment, gross	70,840	60,517
Furniture and Fixtures [Member]
Property, plant and equipment, gross	19,500	19,474
Vehicles [Member]
Property, plant and equipment, gross	2,249	2,015
Construction in Progress [Member]
Property, plant and equipment, gross	$ 1,960	$ 10,570

Note 7 - Leases (Details Textua

Note 7 - Leases (Details Textual) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Operating Lease, Expense	$ 12,277	$ 12,673	$ 10,603
Minimum [Member]
Leases, Remaining Lease Terms (Year)	1 year
Maximum [Member]
Leases, Remaining Lease Terms (Year)	15 years
Lessee, Operating Lease, Renewal Term (Year)	15 years

Note 7 - Leases - Lease Expense

Note 7 - Leases - Lease Expense and Information (Details) - USD ($) $ in Thousands		12 Months Ended
		Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Operating leases		$ 10,921	$ 11,388	$ 10,302
Short-term leases (1)	[1]	1,356	1,285	301
Total lease expense		$ 12,277	$ 12,673	10,603
Weighted average remaining lease term of operating leases (in years) (Year)		7 years	7 years 2 months 12 days
Weighted average discount rate of operating leases		3.30%	2.90%
Operating cash flow for operating leases		$ 11,632	$ 11,041	9,500
Operating leases		5,583	7,025	19,159
Finance leases		$ 444	$ 95	$ 304
[1]Includes expenses for month-to-month equipment leases, which are classified as short-term as the Company is not reasonably certain to renew the lease term beyond one month.

Note 7 - Leases - Future Minimu

Note 7 - Leases - Future Minimum Operating Lease Commitments Under Non-cancelable Operating Lease (Details) $ in Thousands	Dec. 31, 2024 USD ($)
2025	$ 10,924
2026	9,013
2027	6,323
2028	4,675
2029	4,087
Thereafter	13,204
Total lease payments	48,226
Less: imputed interest	(5,393)
Total lease liabilities	$ 42,833

Note 8 - Taxes on Income (Detai

Note 8 - Taxes on Income (Details Textual) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Deferred Tax Assets, Valuation Allowance	$ 0	$ 0
Unrecognized Tax Benefits	5,247	4,664	$ 5,748	$ 5,247
Unrecognized Tax Benefits, Income Tax Penalties and Interest Accrued	1,117
Unrecognized Tax Benefits Including Income Tax Penalties And Interest Accrued	6,364
Unrecognized Tax Benefits Including Income Tax Penalties And Interest Accrued, Noncurrent	5,759
Deferred Tax Assets, Offsetting Credit, Unrecognized Tax Benefits	605
Unrecognized Tax Benefits, Period Increase (Decrease)	491	(63)	160
Unrecognized Tax Benefits that Would Impact Effective Tax Rate	6,005	4,933	$ 5,463
State and Local Jurisdiction [Member]
Operating Loss Carryforwards	415	638
Tax Credit Carryforward, Amount	$ 3,162	$ 2,938

Note 8 - Taxes on Income - Inco

Note 8 - Taxes on Income - Income Taxes (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
?Taxes (benefit) on income	$ 566	$ (5,768)	$ 7,368

Note 8 - Taxes on Income - In_2

Note 8 - Taxes on Income - Income Tax from Continuing Operations (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Current (benefit):
Federal	$ 5,471	$ (610)	$ 10,672
State	1,033	1,521	1,960
Foreign	307	231	175
Total current	6,811	1,142	12,807
Deferred (benefit):
Federal	(5,764)	(5,828)	(4,976)
State	(481)	(1,082)	(463)
Total deferred	(6,245)	(6,910)	(5,439)
Total taxes (benefit) on income	$ 566	$ (5,768)	$ 7,368

Note 8 - Taxes on Income - In_3

Note 8 - Taxes on Income - Income Tax Reconciliation (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Federal income taxes at the statutory rate	$ (468)	$ 146	$ 9,224
State tax expense, net of federal income tax benefit	363	509	1,132
Non-deductible compensation	1,021	422	851
Stock based compensation	1,265	(82)	(819)
Foreign-derived intangible income deduction	(492)	(515)	0
EPA settlement	422	0	0
Unrecognized tax benefit adjustment	400	(2,234)	0
Federal research and development tax credit	(1,898)	(3,645)	(2,681)
Other	(47)	(369)	(339)
Total taxes (benefit) on income	$ 566	$ (5,768)	$ 7,368

Note 8 - Taxes on Income - Defe

Note 8 - Taxes on Income - Deferred Income Taxes (Details) - USD ($) $ in Thousands	Dec. 31, 2024	Dec. 31, 2023
Deferred income tax assets:
Operating lease liability	$ 10,873	$ 11,783
Research and development costs	23,175	19,937
Warranty reserve	1,446	1,164
Inventory costs and reserves	5,400	5,784
Contract assets	3,848	5,181
Stock-based compensation	1,262	1,699
Net operating loss carry-forwards, net of federal income tax benefit	328	504
Compensation related accruals	973	916
Credit carry-forwards net of federal income tax benefit	1,894	1,752
Other	911	857
Total deferred income tax assets	50,110	49,577
Deferred income tax liabilities:
Cost offset method	(5,726)	(8,304)
Right of use assets	(10,327)	(11,231)
Depreciation	(8,026)	(8,551)
Intangible assets	(965)	(2,709)
Prepaid expenses	(1,521)	(1,482)
Total deferred income tax liabilities	(26,565)	(32,277)
Net deferred tax asset	$ 23,545	$ 17,300

Note 8 - Taxes on Income - Reco

Note 8 - Taxes on Income - Reconciliation of the Change in the Unrecognized Tax Benefits (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Balance, beginning of year	$ 4,664	$ 5,748	$ 5,247
Increase (decrease) related to prior year tax positions	471	362
Increase (decrease) related to prior year tax positions			(139)
Increase related to current year tax positions	203	679	775
Settlement	0	0	(97)
Expiration of statute	(91)	(2,125)	(38)
Balance at beginning of year	$ 5,247	$ 4,664	$ 5,748

Note 9 - Transactions with Ma_3

Note 9 - Transactions with Major Customers - Information about Major Customers (Details) - Revenue Benchmark [Member] - Customer Concentration Risk [Member] - Fleet Vehicles and Services, and Specialty Vehicles [Member]	12 Months Ended
	Dec. 31, 2022
Number of major customers	2
Two Customers [Member]
Combined percentage of consolidated sales	25.40%

Note 10 - Commitments and Con_3

Note 10 - Commitments and Contingent Liabilities (Details Textual) $ in Millions	Sep. 27, 2024 USD ($)
Possible EPA Violation [Member]
Litigation Settlement, Amount Awarded to Other Party	$ 2

Note 10 - Commitments and Con_4

Note 10 - Commitments and Contingent Liabilities - Changes in Warranty Liability (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023
Balance of accrued warranty	$ 7,231	$ 7,161
Accruals for warranties issued	3,590	5,882
Changes in liability for pre-existing warranties	1,260	(1,309)
Cash settlements	(4,488)	(4,503)
Acquisition	60	0
Balance of accrued warranty	$ 7,653	$ 7,231

Note 11 - Defined Contributio_2

Note 11 - Defined Contribution Plans (Details Textual) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Defined Contribution Plan Company Matching Contributions Vesting Period (Year)	5 years
Defined Contribution Plan, Employer Discretionary Contribution Amount	$ 3,558	$ 3,631	$ 3,291

Note 12 - Debt (Details Textual

Note 12 - Debt (Details Textual) - USD ($) $ in Thousands		12 Months Ended
	Mar. 27, 2024	Dec. 31, 2024	Dec. 31, 2023
Short-Term Debt		$ 37,032	$ 34,496
Letters of Credit Outstanding, Amount		$ 1,900	1,550
Lenders [Member] | Revolving Credit Facility [Member]
Line of Credit Facility, Maximum Borrowing Capacity	$ 300,000		400,000
Line of Credit Facility, Potential Increase Borrowing Capacity	$ 200,000
Debt Instrument Reference Rate Term (Month)	1 month
Debt Instrument, Interest Rate During Period		6.20%
Line of Credit Facility, Current Borrowing Capacity		$ 77,950	83,243
Lenders [Member] | Revolving Credit Facility [Member] | Fed Funds Effective Rate Overnight Index Swap Rate [Member]
Debt Instrument, Basis Spread on Variable Rate	0.50%
Lenders [Member] | Revolving Credit Facility [Member] | Secured Overnight Financing Rate (SOFR) [Member]
Debt Instrument, Basis Spread on Variable Rate	2%	1.75%
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	$ 10,000
Chassis Pool Agreements [Member]
Short-Term Debt		$ 37,032	$ 34,496

Note 12 - Debt - Short-term Deb

Note 12 - Debt - Short-term Debt (Details) - USD ($) $ in Thousands	Dec. 31, 2024	Dec. 31, 2023
Short-term debt	$ 37,032	$ 34,496
Chassis Pool Agreements [Member]
Short-term debt	$ 37,032	$ 34,496

Note 12 - Debt - Schedule of Lo

Note 12 - Debt - Schedule of Long-term Debt (Details) - USD ($) $ in Thousands	Dec. 31, 2024	Dec. 31, 2023
Total debt	$ 95,458	$ 50,329
Less current portion of long-term debt	(235)	(185)
Total long-term debt	95,223	50,144
Line of Credit [Member]
Total debt	95,000	50,000
Finance Lease Liability [Member]
Total debt	$ 458	$ 329

Note 13 - Stock Based Compens_3

Note 13 - Stock Based Compensation (Details Textual) - USD ($) $ / shares in Units, $ in Thousands	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Share-based Compensation Arrangement by Share-based Payment Award, Number of Shares Authorized (in shares)	5,056,250
Share-Based Compensation Arrangement by Share-Based Payment Award, Number of Shares Available for Grant (in shares)	441,134
Employee Stock Purchase Plan [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Number of Shares Authorized (in shares)	750,000
Employee Stock Purchase Plan Discount	90%
Stock Issued During Period, Value, Employee Stock Purchase Plan	$ 554	$ 393	$ 434
Stock Issued During Period, Shares, Employee Stock Purchase Plans (in shares)	51,000	26,000	20,000
Restricted Stock [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award, Equity Instruments Other than Options, Grants in Period, Weighted Average Grant Date Fair Value (in dollars per share)	$ 11.74	$ 0	$ 0
Share-Based Payment Arrangement, Expense	$ 3,389	$ 790	$ 1,189
Share-Based Payment Arrangement, Expense, Tax Benefit	578	196	275
Share-Based Compensation Arrangement by Share-Based Payment Award, Equity Instruments Other than Options, Vested in Period, Fair Value	3,496	$ 1,049	$ 1,591
Share-Based Payment Arrangement, Nonvested Award, Cost Not yet Recognized, Amount	$ 4,214
Share-Based Payment Arrangement, Nonvested Award, Cost Not yet Recognized, Period for Recognition (Year)	3 years 4 months 24 days
Share-Based Compensation Arrangement by Share-Based Payment Award, Equity Instruments Other than Options, Grants in Period (in shares)	636,000
Restricted Stock [Member] | Minimum [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Period (Year)	3 years
Performance Shares [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Period (Year)	3 years
Share-Based Compensation Arrangement by Share-Based Payment Award, Equity Instruments Other than Options, Grants in Period, Weighted Average Grant Date Fair Value (in dollars per share)	$ 15.03	$ 23.86	$ 40.49
Share-Based Payment Arrangement, Expense	$ 1,054	$ 2,790	$ 3,176
Share-Based Payment Arrangement, Expense, Tax Benefit	193	$ 70	$ 197
Share-Based Payment Arrangement, Nonvested Award, Cost Not yet Recognized, Amount	$ 4,205
Share-Based Payment Arrangement, Nonvested Award, Cost Not yet Recognized, Period for Recognition (Year)	1 year 7 months 6 days
Share-Based Compensation Arrangement by Share-Based Payment Award, Equity Instruments Other than Options, Grants in Period (in shares)	342,334	294,191	124,427
Performance Shares [Member] | Share-Based Payment Arrangement, Tranche One [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Period (Year)	3 years
Share-Based Compensation Arrangement by Share-Based Payment Award, Equity Instruments Other than Options, Grants in Period (in shares)	136,933	89,804	49,769
Performance Shares [Member] | Share-Based Payment Arrangement, Tranche Two [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award, Equity Instruments Other than Options, Grants in Period, Weighted Average Grant Date Fair Value (in dollars per share)	$ 16.77	$ 24.35	$ 43.41
Share-Based Compensation Arrangement by Share-Based Payment Award, Equity Instruments Other than Options, Grants in Period (in shares)	205,401	204,387	74,658
Performance Shares [Member] | Minimum [Member]
Share-based Compensation Arrangement By Share-based Payment Award, Percentage Of Shares Earned	0%
Performance Shares [Member] | Minimum [Member] | Share-Based Payment Arrangement, Tranche One [Member]
Share-based Compensation Arrangement By Share-based Payment Award, Percentage Of Shares Earned	0%
Performance Shares [Member] | Minimum [Member] | Share-Based Payment Arrangement, Tranche Two [Member]
Share-based Compensation Arrangement By Share-based Payment Award, Percentage Of Shares Earned	0%
Performance Shares [Member] | Maximum [Member]
Share-based Compensation Arrangement By Share-based Payment Award, Percentage Of Shares Earned	200%
Performance Shares [Member] | Maximum [Member] | Share-Based Payment Arrangement, Tranche One [Member]
Share-based Compensation Arrangement By Share-based Payment Award, Percentage Of Shares Earned	200%
Performance Shares [Member] | Maximum [Member] | Share-Based Payment Arrangement, Tranche Two [Member]
Share-based Compensation Arrangement By Share-based Payment Award, Percentage Of Shares Earned	200%
Restricted Stock Units (RSUs) [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award, Equity Instruments Other than Options, Grants in Period, Weighted Average Grant Date Fair Value (in dollars per share)	$ 12.45	$ 19.38	$ 29.58
Share-Based Payment Arrangement, Expense	$ 5,808	$ 4,254	$ 3,253
Share-Based Payment Arrangement, Expense, Tax Benefit	1,143	$ 742	$ 668
Share-Based Payment Arrangement, Nonvested Award, Cost Not yet Recognized, Amount	$ 5,311
Share-Based Payment Arrangement, Nonvested Award, Cost Not yet Recognized, Period for Recognition (Year)	1 year 9 months 18 days
Share-Based Compensation Arrangement by Share-Based Payment Award, Equity Instruments Other than Options, Grants in Period (in shares)	552,644	273,904	241,217
Restricted Stock Units (RSUs) [Member] | Employees [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Period (Year)	3 years
Restricted Stock Units (RSUs) [Member] | Board Members [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Period (Year)	1 year

Note 13 - Stock Based Compens_4

Note 13 - Stock Based Compensation - Restricted Stock Activity (Details) - Restricted Stock [Member] - $ / shares shares in Thousands	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Balance, non-vested shares outstanding (in shares)	20	71	190
Balance, non-vested shares outstanding, weighted average grant date fair value (in dollars per share)	$ 36.72	$ 27.14	$ 21.81
Balance, non-vested shares outstanding, weighted average remaining vesting life (Year)	3 years 4 months 24 days	3 months 18 days	7 months 6 days	1 year
Vested (in shares)	(297)	(47)	(91)
Vested (in dollars per share)	$ 13.35	$ 22.28	$ 17.62
Forfeited (in shares)		(4)	(28)
Forfeited (in dollars per share)		$ 36.31	$ 21.98
Share-Based Compensation Arrangement by Share-Based Payment Award, Equity Instruments Other than Options, Grants in Period (in shares)	636
Granted (in dollars per share)	$ 11.74	$ 0	$ 0
Balance, non-vested shares outstanding (in shares)	359	20	71	190
Balance, non-vested shares outstanding, weighted average grant date fair value (in dollars per share)	$ 11.74	$ 36.72	$ 27.14	$ 21.81

Note 13 - Stock Based Compens_5

Note 13 - Stock Based Compensation - Simulation Assumption (Details) - Performance Shares Units [Member]		12 Months Ended
		Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Risk-free rate of return (1)	[1]	4.45%	4.15%	2.41%
Expected term (in years) (Year)		2 years 9 months 18 days	2 years 9 months 18 days	2 years 8 months 12 days
Estimated volatility (2)	[2]	54.50%	49.50%	55.60%
[1]Based on the U.S. government bond benchmark on the grant date.[2]Represents the historical price volatility of the Company's common stock for the three-year period preceding the grant date.

Note 13 - Stock Based Compens_6

Note 13 - Stock Based Compensation - PSU and RSU Activity (Details) - $ / shares	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Performance Shares [Member]
Balance, non-vested shares outstanding (in shares)	443,000	375,000	483,000
Balance, non-vested shares outstanding, weighted average grant date fair value (in dollars per share)	$ 30.99	$ 29.31	$ 19.33
Granted (in shares)	342,334	294,191	124,427
Granted, weighted average grant date fair value (in dollars per share)	$ 15.03	$ 23.86	$ 40.49
Vested (in shares)	(67,000)	(187,000)	(194,000)
Vested, weighted average grant date fair value (in dollars per share)	$ 47.84	$ 20.89	$ 11.82
Forfeited (in shares)	(178,000)	(39,000)	(38,000)
Forfeited, weighted average grant date fair value (in dollars per share)	$ 24.15	$ 36.89	$ 28.27
Balance, non-vested shares outstanding (in shares)	540,000	443,000	375,000
Balance, non-vested shares outstanding, weighted average grant date fair value (in dollars per share)	$ 18.06	$ 30.99	$ 29.31
Restricted Stock Units (RSUs) [Member]
Balance, non-vested shares outstanding (in shares)	385,000	307,000	201,000
Balance, non-vested shares outstanding, weighted average grant date fair value (in dollars per share)	$ 21.05	$ 28.38	$ 24.51
Granted (in shares)	552,644	273,904	241,217
Granted, weighted average grant date fair value (in dollars per share)	$ 12.45	$ 19.38	$ 29.58
Vested (in shares)	(309,000)	(154,000)	(105,000)
Vested, weighted average grant date fair value (in dollars per share)	$ 21.48	$ 25.53	$ 22.15
Forfeited (in shares)	(103,000)	(42,000)	(30,000)
Forfeited, weighted average grant date fair value (in dollars per share)	$ 16.18	$ 28.47	$ 32.96
Balance, non-vested shares outstanding (in shares)	526,000	385,000	307,000
Balance, non-vested shares outstanding, weighted average grant date fair value (in dollars per share)	$ 14.35	$ 21.05	$ 28.38

Note 14 - Shareholders Equity_2

Note 14 - Shareholders Equity (Details Textual) $ in Millions	Feb. 17, 2022 USD ($)
The 2022 Share Repurchase Program [Member]
Stock Repurchase Program, Authorized Amount	$ 250

Note 14 - Shareholders Equity -

Note 14 - Shareholders Equity - Summary of Stock Repurchased and Retired (Details) - USD ($) shares in Thousands, $ in Thousands	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023
Shares purchased (in shares)	0	1,022
Purchase value	$ 0	$ 19,083
The 2022 Share Repurchase Program [Member]
Remaining shares allowable to be purchased	$ 223,019	$ 223,019

Note 15 - Earnings Per Share (D

Note 15 - Earnings Per Share (Details Textual)	12 Months Ended
	Dec. 31, 2024 shares
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount (in shares)	1,066,405

Note 15 - Earnings Per Share -

Note 15 - Earnings Per Share - Reconciliation of Basic Weighted Average Common Shares Outstanding to Diluted Weighted Average Shares Outstanding (Details) - shares shares in Thousands	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Basic weighted average common shares outstanding (in shares)	34,427	34,721	35,073
Plus dilutive effect of Restricted Stock Units and Performance Stock Units (in shares)	0	140	421
Diluted weighted average common shares outstanding (in shares)	34,427	34,861	35,494

Note 16 - Business Segments (De

Note 16 - Business Segments (Details Textual) $ in Thousands	12 Months Ended
	Dec. 31, 2024 USD ($)	Dec. 31, 2023 USD ($)	Dec. 31, 2022 USD ($)
Number of Reportable Segments	2
Revenue from Contract with Customer, Excluding Assessed Tax	$ 786,176	$ 872,198	$ 1,027,164
Non-US [Member]
Revenue from Contract with Customer, Excluding Assessed Tax	$ 48,431	$ 24,706	$ 7,670
Non-US [Member] | Geographic Concentration Risk [Member] | Revenue Benchmark [Member]
Concentration Risk, Percentage	6.20%	2.80%	0.70%

Note 16 - Business Segments - S

Note 16 - Business Segments - Segment Reporting Information (Details) - USD ($) $ in Thousands		12 Months Ended
		Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Revenues		$ 786,176	$ 872,198	$ 1,027,164
Depreciation and amortization expense		20,252	16,953	14,774
Segment assets		568,748	530,049	580,481
Capital expenditures		9,223	25,476	21,542
Cost of products sold		(628,986)	(721,840)	(846,731)
Research and development		(16,319)	(25,185)	(25,324)
Selling, general and administrative		(136,764)	(118,420)	(107,600)
Operating Segments [Member]
Revenues		782,081	876,381	1,033,647
Adjusted EBITDA		98,478	96,512	120,132
Operating Segments [Member] | Fleet Vehicle Sales [Member]
Revenues		367,338	487,072	605,253
Operating Segments [Member] | Motorhome Chassis [Member]
Revenues		75,895	104,882	175,030
Operating Segments [Member] | Other Specialty Vehicles [Member]
Revenues		243,117	209,434	191,882
Operating Segments [Member] | Aftermarket Parts and Accessories Sales [Member]
Revenues		95,731	74,993	61,482
Operating Segments [Member] | Fleet Vehicles and Services [Member]
Revenues		434,193	541,638	647,003
Depreciation and amortization expense		7,157	6,552	4,555
Segment assets		201,544	241,546	308,357
Capital expenditures		1,843	5,065	13,381
Cost of products sold		(374,014)	(482,899)	(550,076)
Research and development		(1,682)	(1,787)	(3,310)
Selling, general and administrative		(28,988)	(24,729)	(22,810)
Other segment items	[1]	1,679	(1,897)	(5,087)
Adjusted EBITDA		31,188	30,326	65,719
Operating Segments [Member] | Fleet Vehicles and Services [Member] | Fleet Vehicle Sales [Member]
Revenues		367,338	487,072	605,253
Operating Segments [Member] | Fleet Vehicles and Services [Member] | Motorhome Chassis [Member]
Revenues		0	0	0
Operating Segments [Member] | Fleet Vehicles and Services [Member] | Other Specialty Vehicles [Member]
Revenues		0	0	0
Operating Segments [Member] | Fleet Vehicles and Services [Member] | Aftermarket Parts and Accessories Sales [Member]
Revenues		66,855	54,566	41,750
Operating Segments [Member] | Specialty Vehicles [Member]
Revenues		347,888	334,743	386,644
Depreciation and amortization expense		7,707	6,720	7,011
Segment assets		274,377	213,509	220,768
Capital expenditures		1,890	2,567	1,268
Cost of products sold		(245,662)	(241,429)	(303,138)
Research and development		(1,545)	(1,737)	(1,596)
Selling, general and administrative		(36,133)	(30,304)	(31,040)
Other segment items	[1]	2,742	4,913	3,544
Adjusted EBITDA		67,290	66,186	54,413
Operating Segments [Member] | Specialty Vehicles [Member] | Fleet Vehicle Sales [Member]
Revenues		0	0	0
Operating Segments [Member] | Specialty Vehicles [Member] | Motorhome Chassis [Member]
Revenues		75,895	104,882	175,030
Operating Segments [Member] | Specialty Vehicles [Member] | Other Specialty Vehicles [Member]
Revenues		243,117	209,434	191,882
Operating Segments [Member] | Specialty Vehicles [Member] | Aftermarket Parts and Accessories Sales [Member]
Revenues		28,876	20,427	19,732
Segment Reporting, Reconciling Item, Excluding Corporate Nonsegment [Member]
Revenues		4,095	(4,183)	(6,483)
Depreciation and amortization expense		5,388	3,681	3,208
Segment assets		92,827	74,994	51,356
Capital expenditures		5,490	17,844	6,893
Adjusted EBITDA		$ (49,630)	$ (56,544)	$ (49,339)
[1]Other segment items include interest and other income, management fees, depreciation and amortization, restructuring and other related charges, non-cash stock-based compensation expense and loss from write-off of assets.

Note 16 - Business Segments - R

Note 16 - Business Segments - Reconciliation of Other Items From Segments to Consolidated (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Interest expense	$ (8,540)	$ (6,527)	$ (2,833)
Depreciation and amortization	(20,252)	(16,953)	(14,774)
Restructuring and other related charges	(1,324)	(1,741)	(757)
Transaction related expenses and adjustments	(10,154)	(440)	(884)
Non-cash stock-based compensation expense	(10,250)	(7,834)	(7,619)
Loss from write-off of assets	(147)	(1,872)
Legacy legal matters	(2,000)	(956)
CEO transition	(147)	(2,629)
Gains from insurance settlement	1,737
Income (loss) before income taxes	(2,229)	696	43,926
Net loss attributable to non-controlling interest	0	(32)	0
Non-recurring professional fees		(288)
Operating Segments [Member]
Adjusted EBITDA	98,478	96,512	120,132
Segment Reporting, Reconciling Item, Excluding Corporate Nonsegment [Member]
Adjusted EBITDA	(49,630)	(56,544)	(49,339)
Depreciation and amortization	$ (5,388)	$ (3,681)	$ (3,208)

Note 16 - Business Segments -_2

Note 16 - Business Segments - Reconciliation of Other Items From Segments to Consolidated (Details) (Parentheticals)	12 Months Ended
	Dec. 31, 2024
Restructuring Charges, Statement of Income or Comprehensive Income [Extensible Enumeration]	Other Nonoperating Income (Expense)
Gain on Business Interruption Insurance Recovery, Statement of Income or Comprehensive Income [Extensible Enumeration]	Other Nonoperating Income (Expense)

Schedule II - Valuation and Q_3

Schedule II - Valuation and Qualifying Accounts - Schedule II - Valuation and Qualifying Accounts (Details) - SEC Schedule, 12-09, Allowance, Credit Loss [Member] - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Balance at Beginning of Period	$ 276	$ 246	$ 187
Additions Charged to Costs and Expenses	453	159	240
Additions Charged to Other Accounts	0	0	0
Deductions	(196)	(129)	(181)
Balance at End of Period	$ 533	$ 276	$ 246