Rush enterprises inc \tx\ (RUSHB)
Balance Sheet / 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'11Dec'10
Current assets:
Cash and cash equivalents

137

181

86

111

126

131

205

148

131

124

127

123

89

82

91

92

72

64

64

72

47

191

144

130

94

217

166

203

205

198

230

169

163

207

183

146

168

Accounts receivable (less allowances for credit losses of $1,679 and $1,424, respectively)

214

183

220

226

195

190

177

201

185

183

153

142

165

156

147

127

150

156

204

174

208

170

161

166

135

103

114

89

76

89

92

95

90

98

73

70

43

Note receivable affiliate

-

-

12

16

18

12

12

17

16

11

14

16

14

10

11

12

11

10

14

9

6

8

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Inventories, net

1,190

1,326

1,385

1,512

1,465

1,339

1,270

1,126

1,044

1,033

960

916

872

840

911

1,038

1,029

1,061

1,114

1,078

1,124

1,024

928

865

865

802

772

752

676

690

715

829

808

649

524

451

321

Prepaid expenses and other

14

20

24

15

11

10

10

12

13

11

7

9

9

8

8

11

11

32

8

11

16

28

8

10

13

14

9

6

10

12

4

4

6

12

5

7

14

Assets held for sale

0

0

0

0

2

2

4

6

7

9

10

11

12

13

15

20

19

0

5

5

5

5

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred income taxes, net

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

18

18

18

-

16

16

15

16

16

15

13

14

12

12

11

12

10

11

10

Total current assets

1,557

1,712

1,728

1,882

1,819

1,687

1,681

1,512

1,400

1,375

1,274

1,220

1,163

1,111

1,186

1,302

1,295

1,326

1,431

1,369

1,426

1,427

1,260

1,189

1,124

1,153

1,078

1,067

981

1,006

1,054

1,110

1,080

980

797

687

558

Investments

-

-

-

-

-

-

0

6

6

6

6

6

6

6

6

6

6

6

6

6

6

6

6

6

6

6

6

6

6

6

6

6

6

6

6

6

7

Property and equipment, net

1,276

1,279

1,261

1,237

1,195

1,184

1,176

1,166

1,151

1,159

1,133

1,118

1,124

1,135

1,152

1,157

1,150

1,172

1,090

1,028

976

923

874

842

819

739

696

652

627

622

572

537

516

499

458

475

445

Operating lease right-of-use assets, net

55

57

56

51

53

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Goodwill, net

292

292

292

292

291

291

291

291

291

291

290

290

290

290

290

290

286

285

285

285

274

265

263

262

262

215

212

198

198

198

180

180

182

182

176

176

150

Other assets, net

60

65

66

67

61

37

40

39

48

57

54

55

54

59

59

56

58

60

56

55

54

53

52

52

49

52

50

47

47

48

48

49

48

48

46

4

5

Total assets

3,242

3,407

3,405

3,530

3,422

3,201

3,189

3,016

2,899

2,890

2,758

2,691

2,639

2,603

2,695

2,812

2,796

2,852

2,870

2,747

2,738

2,675

2,456

2,353

2,263

2,167

2,045

1,972

1,861

1,881

1,862

1,885

1,834

1,717

1,485

1,350

1,167

Current liabilities:
Floor plan notes payable

888

996

1,051

1,190

1,111

1,023

990

867

805

778

706

692

684

646

711

830

825

854

921

871

912

845

722

686

659

593

588

572

498

534

575

634

628

520

424

352

237

Line of credit

-

-

-

60

75

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Current maturities of long-term debt

183

189

158

149

157

161

159

155

143

145

142

137

131

130

132

134

150

151

129

129

138

149

140

129

103

97

84

77

80

80

70

71

66

63

58

57

62

Current maturities of finance lease obligations

23

22

20

20

19

19

16

17

17

17

15

15

14

14

14

14

14

14

14

11

10

11

9

9

10

10

9

10

10

10

10

10

10

10

10

8

7

Current maturities of operating lease obligations

10

10

9

9

9

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Liabilities directly associated with assets held for sale

-

-

-

-

-

-

-

-

-

-

0

0

0

0

1

1

1

0

5

5

5

6

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Trade accounts payable

122

133

137

144

149

127

135

150

123

107

111

114

99

97

109

118

103

120

151

125

121

124

126

106

112

100

83

81

80

62

65

75

70

62

54

48

37

Customer deposits

25

42

33

28

24

36

40

32

27

27

22

29

16

18

15

21

24

22

21

19

38

44

24

32

31

58

-

-

-

29

-

-

-

-

-

-

-

Accrued expenses

97

112

106

94

104

125

102

88

88

96

95

88

76

83

90

84

79

83

100

91

65

92

111

81

61

69

86

81

64

71

91

97

97

134

86

78

69

Total current liabilities

1,351

1,507

1,518

1,698

1,650

1,493

1,447

1,312

1,205

1,172

1,094

1,077

1,023

993

1,076

1,204

1,200

1,247

1,344

1,255

1,292

1,274

1,134

1,046

979

929

852

823

734

788

814

889

873

790

633

546

415

Long-term debt, net of current maturities

426

438

462

457

438

439

439

434

453

466

450

443

459

472

494

496

485

496

452

456

434

429

411

410

416

385

362

341

326

319

304

285

275

264

228

206

189

Finance lease obligations, net of current maturities

75

69

57

53

49

49

54

57

60

66

64

66

67

70

71

69

71

69

63

49

48

46

34

34

35

35

35

37

38

39

37

34

34

35

33

32

34

Operating lease obligations, net of current maturities

46

47

46

42

43

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other long-term liabilities

19

20

19

19

13

11

12

11

11

9

9

9

8

7

6

6

5

5

5

5

4

4

4

5

4

4

5

5

2

2

2

2

2

2

2

1

0

Deferred income taxes, net

157

164

162

146

141

141

147

140

136

135

206

200

198

197

192

189

181

188

172

172

174

157

132

145

147

147

134

123

125

123

112

98

93

93

79

72

63

Shareholders’ equity:
Preferred stock, par value $.01 per share; 1,000,000 shares authorized; 0 shares outstanding in 2020 and 2019

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

-

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

Common stock, par value $.01 per share; 60,000,000 Class A shares and 20,000,000 Class B shares authorized; 27,532,890 Class A shares and 8,410,440 Class B shares outstanding in 2020; and 27,953,648 Class A shares and 8,240,486 Class B shares outstanding in 2019

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

Additional paid-in capital

406

397

390

384

379

370

367

363

356

348

341

330

320

309

301

296

293

288

285

281

277

272

269

264

250

243

239

237

233

222

220

218

217

208

204

202

195

Treasury stock, at cost: 5,610,906 Class A shares and 5,360,832 Class B shares in 2020 and 5,055,783 Class A shares and 5,306,341 Class B shares in 2019

324

304

300

283

271

245

178

166

158

120

114

113

94

86

76

-63

43

43

43

43

-

-

39

38

33

-

22

20

17

17

17

17

17

17

17

17

17

Retained earnings

1,083

1,065

1,046

1,012

975

942

899

862

833

812

706

676

654

640

627

613

602

599

590

570

550

533

509

485

465

453

438

423

418

404

390

375

358

342

322

306

286

Accumulated other comprehensive income

-1

0

-0

-0

0

0

-

-

-

-

0

0

-0

-0

-0

-0

-0

-0

-0

-0

-0

-0

-0

-0

-1

-1

-1

-1

-1

-1

-1

-1

-1

-1

-1

-1

-0

Total shareholders’ equity

1,165

1,159

1,137

1,113

1,083

1,066

1,089

1,060

1,031

1,040

934

894

881

862

853

846

852

844

832

808

784

764

738

711

681

665

655

640

632

607

591

574

555

531

508

490

464

Total liabilities and shareholders’ equity

3,242

3,407

3,405

3,530

3,422

3,201

3,189

3,016

2,899

2,890

2,758

2,691

2,639

2,603

2,695

2,812

2,796

2,852

2,870

2,747

2,738

2,675

2,456

2,353

2,263

2,167

2,045

1,972

1,861

1,881

1,862

1,885

1,834

1,717

1,485

1,350

1,167