Rush enterprises inc \tx\ (RUSHA)
Income statement / Quarterly
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14Sep'14Jun'14Mar'14Dec'13Sep'13Jun'13Mar'13Dec'12Sep'12Jun'12Mar'12Dec'11Sep'11Jun'11Mar'11Sep'10Jun'10
Revenues
Revenue

1,225,882

1,254,128

1,536,316

1,482,970

1,288,884

1,479,546

1,315,311

1,289,838

1,183,257

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Lease and rental

60,781

63,576

62,949

61,591

59,433

60,896

60,825

58,993

57,524

58,434

54,630

53,048

51,244

52,663

52,452

52,152

50,887

52,233

50,545

49,297

47,792

47,401

45,114

44,057

40,989

35,472

32,668

31,358

30,140

27,150

26,188

23,433

23,476

22,442

21,436

20,563

18,985

18,254

16,255

Total revenue

1,286,663

1,317,704

1,599,265

1,544,561

1,348,317

1,540,442

1,376,136

1,348,831

1,240,781

1,208,103

1,257,459

1,203,523

1,044,797

1,021,271

1,096,041

1,026,462

1,070,840

1,161,819

1,294,076

1,330,303

1,193,535

1,345,206

1,241,022

1,182,461

958,667

925,179

913,064

789,674

756,788

732,261

745,133

835,844

777,329

776,080

696,445

661,982

446,104

405,841

329,839

Cost of products sold
Lease and rental

52,208

52,884

52,223

51,298

49,795

50,256

49,924

48,663

48,428

49,384

45,197

44,206

44,304

45,422

45,817

45,134

45,667

46,649

45,115

44,171

40,956

40,561

38,264

38,245

35,897

30,239

27,886

26,384

24,713

22,835

21,759

19,574

20,006

18,778

17,889

16,856

16,097

15,590

13,621

Total cost of products sold

1,052,162

1,083,266

1,334,497

1,275,055

1,091,401

1,281,602

1,127,079

1,105,454

1,013,786

995,194

1,037,411

994,451

856,890

848,323

914,725

845,984

887,570

986,135

1,086,068

1,122,670

999,913

1,147,173

1,042,283

989,112

792,742

774,953

762,752

651,986

623,000

614,561

619,962

706,208

649,069

654,491

582,657

556,472

363,714

327,644

260,660

Gross profit

234,501

234,438

264,768

269,506

256,916

258,840

249,057

243,377

226,995

212,909

220,048

209,072

187,907

172,948

181,316

180,478

183,270

175,684

208,008

207,633

193,622

198,033

198,739

193,349

165,925

150,226

150,312

137,688

133,788

117,700

125,171

129,636

128,260

121,589

113,788

105,510

82,390

78,197

69,179

Selling, general and administrative expense

185,074

180,105

192,482

193,981

187,181

177,497

177,405

178,654

171,670

162,016

159,281

159,353

150,403

136,966

142,280

146,080

162,452

144,556

160,776

161,309

152,627

141,727

148,238

149,260

134,445

114,743

114,863

118,628

102,106

85,759

91,270

91,683

93,015

81,558

79,714

79,655

65,346

60,392

55,148

Depreciation and amortization expense

14,330

14,820

14,033

13,594

12,925

13,094

12,794

21,693

22,908

12,695

12,438

12,444

12,492

12,779

13,014

12,821

12,647

11,808

11,228

10,829

9,994

13,303

9,488

9,177

8,818

7,987

7,569

7,259

7,110

6,754

6,323

6,055

5,884

5,592

5,771

4,541

4,180

4,068

3,676

Gain on sale of assets

100

-90

70

-139

57

138

-209

396

-28

-181

107

132

-163

184

1,566

-5

10

37

26

65

-672

42

5

20

84

-14

-10

-12

41

40

49

68

19

-39

25

475

-43

-5

7

Operating income

35,197

39,423

58,323

61,792

56,867

68,387

58,649

43,426

32,389

38,017

48,436

37,407

24,849

23,387

27,588

21,572

8,181

19,357

36,030

35,560

30,329

43,045

41,018

34,932

22,746

27,482

27,870

11,789

24,613

25,227

27,627

31,966

29,380

34,400

28,328

21,789

12,821

13,732

10,362

Other income

1

-

1,577

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Equity in earnings of unconsolidated entities

1,240

-

-

690

49

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Interest income (expense)
Interest expense, net

4,769

7,367

7,690

8,072

7,358

7,790

4,468

4,494

4,306

4,485

3,101

2,824

2,791

-

-

-

-

3,856

3,568

3,598

2,941

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,357

1,397

Total interest expense, net

-

-

-

-

-

-

-

-

-

-

-

-

-

-2,992

-3,285

-3,763

-4,239

-

-

-

-

19,561

-2,689

-2,543

-3,131

18,467

-2,781

-2,480

-2,513

-2,923

-3,383

-3,407

-3,304

-2,467

-1,894

-1,599

-1,201

-

-

Income before taxes

31,669

33,345

52,210

54,410

49,558

61,973

54,181

38,932

28,083

34,423

45,335

34,583

22,058

20,395

24,303

17,809

3,942

15,991

32,462

31,962

27,388

40,210

38,329

32,389

19,615

24,563

25,089

9,309

22,100

22,304

24,244

28,559

26,076

31,933

26,434

20,190

11,620

12,375

8,965

Income tax provision

8,562

9,591

13,106

12,789

12,454

15,004

12,516

9,543

7,044

-71,444

15,551

12,584

7,579

7,905

9,423

6,992

1,547

6,178

12,579

12,386

10,607

15,583

14,851

12,551

7,601

9,704

9,910

3,677

8,553

8,086

9,335

11,137

10,170

12,550

10,389

7,672

4,353

4,344

3,549

Income from continuing operations

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

8,031

5,416

Income from discontinued operations, net of tax

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

6,128

272

Net income

23,107

23,754

39,104

41,621

37,104

46,969

41,665

29,389

21,039

105,867

29,784

21,999

14,479

12,490

14,880

10,817

2,395

9,813

19,883

19,576

16,781

24,627

23,478

19,838

12,014

14,859

15,179

5,632

13,547

14,218

14,909

17,422

15,906

19,383

16,045

12,518

7,267

14,159

5,688

Earnings per common share:
Income from continuing operations (in Dollars per share)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0.22

0.15

Basic (in dollars per share)

0.63

0.65

1.07

1.13

1.01

-73.04

1.06

75.00

0.53

2.67

0.75

0.55

0.37

0.31

0.38

0.27

0.06

0.24

0.49

0.49

0.42

0.61

0.59

0.50

0.31

0.38

0.38

0.14

0.35

0.38

0.38

0.45

0.41

0.52

0.42

0.33

0.19

0.38

0.15

Income from continuing operations (in Dollars per share)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0.21

0.14

Diluted (in dollars per share)

0.62

0.64

1.05

1.10

0.98

-70.09

1.03

72.00

0.51

2.58

0.72

0.54

0.36

0.30

0.37

0.27

0.06

0.24

0.48

0.48

0.41

0.60

0.57

0.49

0.30

0.37

0.37

0.14

0.34

0.35

0.38

0.44

0.40

0.50

0.41

0.32

0.19

0.37

0.15

Weighted average shares outstanding:
Basic (in shares)

36,485

-

36,545

36,852

36,817

-

39,309

39,399

39,665

-

39,825

39,641

39,409

-

39,617

40,250

40,553

-

40,361

40,275

40,066

-

40,008

39,751

39,332

-

39,558

39,552

39,119

-

38,740

38,675

38,387

-

37,932

37,831

37,621

37,350

37,292

Diluted (in shares)

37,326

-

37,351

37,695

37,834

-

40,388

40,690

41,092

-

41,146

40,839

40,701

-

40,274

40,778

41,049

-

41,136

41,072

40,985

-

41,091

40,849

40,511

-

40,623

40,581

40,269

-

39,602

39,544

39,607

-

38,958

39,014

38,815

38,198

38,189

Dividends declared per common share (in dollars per share)

0.13

0.13

0.13

0.12

0.12

-

0.12

0.00

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Comprehensive income

21,177

-

39,159

41,116

37,488

-

41,665

29,389

21,039

-

29,784

22,285

14,479

-

14,889

10,828

2,395

-

19,883

19,659

16,853

-

23,610

20,154

12,128

-

15,280

5,785

13,718

-

14,958

17,428

15,905

-

15,449

11,360

7,345

-

-

New and Used Commercial Vehicle [Member]
Revenue

789,554

823,632

1,070,868

1,024,801

838,283

1,049,667

878,845

857,025

773,100

762,046

819,028

775,988

635,953

635,783

698,838

636,853

668,545

770,630

872,106

917,878

800,194

951,426

846,256

797,291

600,900

626,427

615,616

508,194

489,610

496,592

502,595

598,220

551,928

570,525

487,324

466,585

277,530

248,324

191,309

Cost of products sold

728,539

763,198

997,946

951,121

768,417

969,810

808,634

791,608

710,914

705,326

754,762

718,253

588,120

594,141

653,992

591,331

623,660

725,042

813,178

856,274

744,260

890,960

787,952

738,851

558,142

584,055

573,657

473,153

452,574

466,650

469,302

559,017

510,807

531,183

452,919

436,163

258,905

228,864

174,817

Parts and Service [Member]
Revenue

427,978

421,205

454,785

448,166

438,354

419,972

426,845

422,940

400,295

378,726

375,835

366,599

350,106

325,293

336,459

328,665

341,939

331,446

360,711

353,268

337,022

335,106

340,632

330,982

308,974

256,398

257,512

242,928

231,479

201,595

210,749

208,290

196,646

176,745

182,585

170,387

145,560

136,095

118,529

Cost of products sold

271,415

267,184

284,328

272,636

273,189

261,536

268,521

265,183

254,444

240,484

237,452

231,992

224,466

208,760

214,916

209,519

218,243

214,444

227,775

222,225

214,697

215,652

216,067

212,016

198,703

160,659

161,209

152,449

145,713

125,076

128,901

127,617

118,256

104,530

111,849

103,453

88,712

83,190

72,222

Finance and Insurance [Member]
Revenue

4,467

5,569

5,863

6,401

6,610

5,249

5,053

5,492

4,741

4,896

4,771

4,392

3,929

4,376

4,870

4,837

4,499

4,777

6,164

5,678

4,531

5,429

5,227

5,256

4,076

4,016

4,333

3,838

3,133

3,480

3,444

3,577

3,137

3,253

2,902

2,744

1,968

2,182

2,047

Product and Service, Other [Member]
Revenue

3,883

3,722

4,800

3,602

5,637

4,658

4,568

4,381

5,121

4,001

3,195

3,496

3,565

3,156

3,422

3,955

4,970

2,733

4,550

4,182

3,996

5,844

3,793

4,875

3,728

2,866

2,935

3,356

2,426

3,444

2,157

2,324

2,142

3,115

2,198

1,703

2,061

986

1,699