10-Q Filing

RUSH ENTERPRISES INC TX CIK: 1012019 Q2 2023

Filing Information

Form Type	10-Q
Accession Number	`0001437749-23-022761`
Period End Date	20230630
Filing Date	20230809
Fiscal Year	2023
Fiscal Period	Q2
XBRL Instance	rusha20230630_10q_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 79 Income Statement 89 Cash Flow Statement 75 Stockholders Equity 38 Comprehensive Income 28

Balance Sheet 79 line items

Line Item	Tag	Value	Unit	Period
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$201.04M	USD	Point-in-time
Preferred stock, par value (in dollars per share)	`PreferredStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$191.90M	USD	Point-in-time
Preferred stock, par value (in dollars per share)	`PreferredStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Preferred stock, authorized (in shares)	`PreferredStockSharesAuthorized`	1.00M	shares	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$236.87M	USD	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$220.65M	USD	Point-in-time
Preferred stock, authorized (in shares)	`PreferredStockSharesAuthorized`	1.00M	shares	Point-in-time
Preferred stock, outstanding (in shares)	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Inventories, net	`InventoryNet`	$1.64B	USD	Point-in-time
Preferred stock, outstanding (in shares)	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Inventories, net	`InventoryNet`	$1.43B	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Prepaid expenses and other	`PrepaidExpenseAndOtherAssetsCurrent`	$16.62M	USD	Point-in-time
Prepaid expenses and other	`PrepaidExpenseAndOtherAssetsCurrent`	$21.71M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$1.87B	USD	Point-in-time
Total current assets	`AssetsCurrent`	$2.09B	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$1.44B	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$1.37B	USD	Point-in-time
Operating lease right-of-use assets, net	`OperatingLeaseRightOfUseAsset`	$102.69M	USD	Point-in-time
Operating lease right-of-use assets, net	`OperatingLeaseRightOfUseAsset`	$104.84M	USD	Point-in-time
Goodwill, net	`GoodwillGross`	$416.36M	USD	Point-in-time
Goodwill, net	`GoodwillGross`	$417.46M	USD	Point-in-time
Other assets, net	`OtherAssetsNoncurrent`	$75.17M	USD	Point-in-time
Other assets, net	`OtherAssetsNoncurrent`	$65.68M	USD	Point-in-time
Total assets	`Assets`	$3.82B	USD	Point-in-time
Total assets	`Assets`	$4.13B	USD	Point-in-time
Total assets	`Assets`	$3.67B	USD	Point-in-time
Floor plan notes payable	`FloorPlanNotesPayable`	$933.20M	USD	Point-in-time
Floor plan notes payable	`FloorPlanNotesPayable`	$1.13B	USD	Point-in-time
Current maturities of finance lease obligations	`FinanceLeaseLiabilityCurrent`	$34.60M	USD	Point-in-time
Current maturities of finance lease obligations	`FinanceLeaseLiabilityCurrent`	$29.21M	USD	Point-in-time
Current maturities of operating lease obligations	`OperatingLeaseLiabilityCurrent`	$14.97M	USD	Point-in-time
Current maturities of operating lease obligations	`OperatingLeaseLiabilityCurrent`	$15.00M	USD	Point-in-time
Trade accounts payable	`AccountsPayableTradeCurrent`	$186.81M	USD	Point-in-time
Trade accounts payable	`AccountsPayableTradeCurrent`	$171.72M	USD	Point-in-time
Customer deposits	`ContractWithCustomerLiabilityCurrent`	$116.24M	USD	Point-in-time
Customer deposits	`ContractWithCustomerLiabilityCurrent`	$101.57M	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$157.52M	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$163.30M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$1.62B	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$1.43B	USD	Point-in-time
Long-term debt, net of current maturities	`LongTermDebtNoncurrent`	$275.43M	USD	Point-in-time
Long-term debt, net of current maturities	`LongTermDebtNoncurrent`	$245.28M	USD	Point-in-time
Finance lease obligations, net of current maturities	`FinanceLeaseLiabilityNoncurrent`	$93.48M	USD	Point-in-time
Finance lease obligations, net of current maturities	`FinanceLeaseLiabilityNoncurrent`	$102.23M	USD	Point-in-time
Operating lease obligations, net of current maturities	`OperatingLeaseLiabilityNoncurrent`	$89.03M	USD	Point-in-time
Operating lease obligations, net of current maturities	`OperatingLeaseLiabilityNoncurrent`	$91.43M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$24.30M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$19.45M	USD	Point-in-time
Deferred income taxes, net	`DeferredIncomeTaxLiabilitiesNet`	$151.97M	USD	Point-in-time
Deferred income taxes, net	`DeferredIncomeTaxLiabilitiesNet`	$154.96M	USD	Point-in-time
Preferred stock, par value (in dollars per share)	`PreferredStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Preferred stock, par value (in dollars per share)	`PreferredStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Preferred stock, authorized (in shares)	`PreferredStockSharesAuthorized`	1.00M	shares	Point-in-time
Preferred stock, authorized (in shares)	`PreferredStockSharesAuthorized`	1.00M	shares	Point-in-time
Preferred stock, par value $.01 per share; 1,000,000 shares authorized; 0 shares outstanding in 2023 and 2022	`PreferredStockValue`	-	USD	Point-in-time
Preferred stock, par value $.01 per share; 1,000,000 shares authorized; 0 shares outstanding in 2023 and 2022	`PreferredStockValue`	-	USD	Point-in-time
Common stock, par value $.01 per share; 60,000,000 Class A shares and 20,000,000 Class B shares authorized; 42,149,927 Class A shares and 12,307,852 Class B shares outstanding in 2023; and 42,345,361 Class A shares and 12,083,085 Class B shares outstanding in 2022	`CommonStockValue`	$578.00K	USD	Point-in-time
Common stock, par value $.01 per share; 60,000,000 Class A shares and 20,000,000 Class B shares authorized; 42,149,927 Class A shares and 12,307,852 Class B shares outstanding in 2023; and 42,345,361 Class A shares and 12,083,085 Class B shares outstanding in 2022	`CommonStockValue`	$572.00K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$500.64M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$522.38M	USD	Point-in-time
Treasury stock, at cost: 2,041,809 Class A shares and 1,168,432 Class B shares in 2023; and 1,626,777 Class A shares and 1,112,446 Class B shares in 2022	`TreasuryStockCommonValue`	$196.51M	USD	Point-in-time
Treasury stock, at cost: 2,041,809 Class A shares and 1,168,432 Class B shares in 2023; and 1,626,777 Class A shares and 1,112,446 Class B shares in 2022	`TreasuryStockCommonValue`	$130.93M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$1.54B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$1.38B	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-4.13M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-2.21M	USD	Point-in-time
Total Rush Enterprises, Inc. shareholders equity	`StockholdersEquity`	$1.74B	USD	Point-in-time
Total Rush Enterprises, Inc. shareholders equity	`StockholdersEquity`	$1.87B	USD	Point-in-time
Noncontrolling interest	`MinorityInterest`	$18.53M	USD	Point-in-time
Noncontrolling interest	`MinorityInterest`	$19.11M	USD	Point-in-time
Total shareholders equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.89B	USD	Point-in-time
Total shareholders equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.76B	USD	Point-in-time
Total shareholders equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.83B	USD	Point-in-time
Total shareholders equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.63B	USD	Point-in-time
Total liabilities and shareholders equity	`LiabilitiesAndStockholdersEquity`	$4.13B	USD	Point-in-time
Total liabilities and shareholders equity	`LiabilitiesAndStockholdersEquity`	$3.82B	USD	Point-in-time

Income Statement 89 line items

Line Item	Tag	Value	Unit	Period
Revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$1.71B	USD	1 Quarter
Revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$1.91B	USD	1 Quarter
Revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$3.20B	USD	2 Qtrs
Revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$3.74B	USD	2 Qtrs
Lease and rental sales	`LeaseIncome`	$175.22M	USD	2 Qtrs
Lease and rental sales	`LeaseIncome`	$88.55M	USD	1 Quarter
Lease and rental sales	`LeaseIncome`	$151.87M	USD	2 Qtrs
Lease and rental sales	`LeaseIncome`	$80.54M	USD	1 Quarter
Total revenue	`Revenues`	$1.79B	USD	1 Quarter
Total revenue	`Revenues`	$2.00B	USD	1 Quarter
Total revenue	`Revenues`	$3.35B	USD	2 Qtrs
Total revenue	`Revenues`	$3.91B	USD	2 Qtrs
Lease and rental sales	`CostOfRevenueLeaseAndRental`	$61.51M	USD	1 Quarter
Lease and rental sales	`CostOfRevenueLeaseAndRental`	$55.34M	USD	1 Quarter
Lease and rental sales	`CostOfRevenueLeaseAndRental`	$121.99M	USD	2 Qtrs
Lease and rental sales	`CostOfRevenueLeaseAndRental`	$103.90M	USD	2 Qtrs
Total cost of products sold	`CostOfRevenue`	$3.10B	USD	2 Qtrs
Total cost of products sold	`CostOfRevenue`	$2.63B	USD	2 Qtrs
Total cost of products sold	`CostOfRevenue`	$1.42B	USD	1 Quarter
Total cost of products sold	`CostOfRevenue`	$1.59B	USD	1 Quarter
Gross profit	`GrossProfit`	$374.22M	USD	1 Quarter
Gross profit	`GrossProfit`	$812.62M	USD	2 Qtrs
Gross profit	`GrossProfit`	$719.66M	USD	2 Qtrs
Gross profit	`GrossProfit`	$413.85M	USD	1 Quarter
Selling, general and administrative expense	`SellingGeneralAndAdministrativeExpense`	$449.77M	USD	2 Qtrs
Selling, general and administrative expense	`SellingGeneralAndAdministrativeExpense`	$513.50M	USD	2 Qtrs
Selling, general and administrative expense	`SellingGeneralAndAdministrativeExpense`	$225.33M	USD	1 Quarter
Selling, general and administrative expense	`SellingGeneralAndAdministrativeExpense`	$256.69M	USD	1 Quarter
Depreciation and amortization expense	`DepreciationAndAmortization`	$14.54M	USD	1 Quarter
Depreciation and amortization expense	`DepreciationAndAmortization`	$27.58M	USD	2 Qtrs
Depreciation and amortization expense	`DepreciationAndAmortization`	$28.86M	USD	2 Qtrs
Depreciation and amortization expense	`DepreciationAndAmortization`	$13.91M	USD	1 Quarter
Gain on sale of assets	`GainLossOnDispositionOfAssets1`	$247.00K	USD	1 Quarter
Gain on sale of assets	`GainLossOnDispositionOfAssets1`	$44.00K	USD	1 Quarter
Gain on sale of assets	`GainLossOnDispositionOfAssets1`	$376.00K	USD	2 Qtrs
Gain on sale of assets	`GainLossOnDispositionOfAssets1`	$224.00K	USD	2 Qtrs
Operating income	`OperatingIncomeLoss`	$270.63M	USD	2 Qtrs
Operating income	`OperatingIncomeLoss`	$135.02M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$242.52M	USD	2 Qtrs
Operating income	`OperatingIncomeLoss`	$142.86M	USD	1 Quarter
Other (expense) income	`NonoperatingIncomeExpense`	$8.33M	USD	1 Quarter
Other (expense) income	`NonoperatingIncomeExpense`	$2.25M	USD	2 Qtrs
Other (expense) income	`NonoperatingIncomeExpense`	$-96.00K	USD	1 Quarter
Other (expense) income	`NonoperatingIncomeExpense`	$22.40M	USD	2 Qtrs
Interest expense, net	`InterestExpense`	$12.24M	USD	1 Quarter
Interest expense, net	`InterestExpense`	$4.39M	USD	2 Qtrs
Interest expense, net	`InterestExpense`	$23.22M	USD	2 Qtrs
Interest expense, net	`InterestExpense`	$3.17M	USD	1 Quarter
Income before taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$260.53M	USD	2 Qtrs
Income before taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$130.53M	USD	1 Quarter
Income before taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$140.19M	USD	1 Quarter
Income before taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$249.66M	USD	2 Qtrs
Income tax provision	`IncomeTaxExpenseBenefit`	$57.41M	USD	2 Qtrs
Income tax provision	`IncomeTaxExpenseBenefit`	$29.52M	USD	1 Quarter
Income tax provision	`IncomeTaxExpenseBenefit`	$32.00M	USD	1 Quarter
Income tax provision	`IncomeTaxExpenseBenefit`	$60.35M	USD	2 Qtrs
Net income	`ProfitLoss`	$189.31M	USD	2 Qtrs
Net income	`ProfitLoss`	$203.13M	USD	2 Qtrs
Net income	`ProfitLoss`	$98.52M	USD	1 Quarter
Net income	`ProfitLoss`	$90.79M	USD	1 Quarter
Net income	`ProfitLoss`	$110.67M	USD	1 Quarter
Less: Net income attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$584.00K	USD	2 Qtrs
Less: Net income attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$446.00K	USD	1 Quarter
Less: Net income attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$446.00K	USD	2 Qtrs
Less: Net income attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$249.00K	USD	1 Quarter
Net income attributable to Rush Enterprises, Inc.	`NetIncomeLoss`	$110.23M	USD	1 Quarter
Net income attributable to Rush Enterprises, Inc.	`NetIncomeLoss`	$202.68M	USD	2 Qtrs
Net income attributable to Rush Enterprises, Inc.	`NetIncomeLoss`	$98.28M	USD	1 Quarter
Net income attributable to Rush Enterprises, Inc.	`NetIncomeLoss`	$188.73M	USD	2 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	$3.46	USD	2 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	$1.80	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$1.98	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$3.63	USD	2 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$3.52	USD	2 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$3.35	USD	2 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$1.92	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$1.75	USD	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	54.46M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	55.64M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	54.62M	shares	2 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	55.79M	shares	2 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	57.31M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	56.10M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	56.33M	shares	2 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	57.61M	shares	2 Qtrs
Dividends declared per common share (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$0.42	USD	2 Qtrs
Dividends declared per common share (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$0.21	USD	1 Quarter
Dividends declared per common share (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$0.38	USD	2 Qtrs
Dividends declared per common share (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$0.19	USD	1 Quarter

Cash Flow Statement 75 line items

Line Item	Tag	Value	Unit	Period
Net income	`ProfitLoss`	$189.31M	USD	2 Qtrs
Net income	`ProfitLoss`	$203.13M	USD	2 Qtrs
Net income	`ProfitLoss`	$98.52M	USD	1 Quarter
Net income	`ProfitLoss`	$90.79M	USD	1 Quarter
Net income	`ProfitLoss`	$110.67M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$108.56M	USD	2 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$95.12M	USD	2 Qtrs
Gain on sale of property and equipment, net	`GainLossOnSaleOfPropertyPlantEquipment`	$224.00K	USD	2 Qtrs
Gain on sale of property and equipment, net	`GainLossOnSaleOfPropertyPlantEquipment`	$377.00K	USD	2 Qtrs
Gain on joint venture transaction	`GainLossOnJointVentureTransaction`	$12.50M	USD	2 Qtrs
Gain on business acquisition	`BusinessCombinationStepAcquisitionEquityInterestInAcquireeRemeasurementGain`	$6.96M	USD	2 Qtrs
Stock-based compensation expense related to employee equity awards and employee stock purchases	`ShareBasedCompensation`	$19.03M	USD	2 Qtrs
Stock-based compensation expense related to employee equity awards and employee stock purchases	`ShareBasedCompensation`	$18.00M	USD	2 Qtrs
Deferred income tax expense	`DeferredIncomeTaxExpenseBenefit`	$4.12M	USD	2 Qtrs
Deferred income tax expense	`DeferredIncomeTaxExpenseBenefit`	$2.85M	USD	2 Qtrs
Change in accounts and notes receivable, net	`IncreaseDecreaseInReceivables`	$85.11M	USD	2 Qtrs
Change in accounts and notes receivable, net	`IncreaseDecreaseInReceivables`	$15.91M	USD	2 Qtrs
Change in inventories, net	`IncreaseDecreaseInInventories`	$174.35M	USD	2 Qtrs
Change in inventories, net	`IncreaseDecreaseInInventories`	$193.05M	USD	2 Qtrs
Change in prepaid expenses and other, net	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$5.06M	USD	2 Qtrs
Change in prepaid expenses and other, net	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$1.92M	USD	2 Qtrs
Change in trade accounts payable	`IncreaseDecreaseInAccountsPayableTrade`	$12.81M	USD	2 Qtrs
Change in trade accounts payable	`IncreaseDecreaseInAccountsPayableTrade`	$33.31M	USD	2 Qtrs
Change in customer deposits	`IncreaseDecreaseInContractWithCustomerLiability`	$-8.77M	USD	2 Qtrs
Change in customer deposits	`IncreaseDecreaseInContractWithCustomerLiability`	$-14.87M	USD	2 Qtrs
Change in accrued expenses	`IncreaseDecreaseInAccruedLiabilities`	$-7.35M	USD	2 Qtrs
Change in accrued expenses	`IncreaseDecreaseInAccruedLiabilities`	$18.57M	USD	2 Qtrs
Other, net	`IncreaseDecreaseInOtherOperatingCapitalNet`	$634.00K	USD	2 Qtrs
Other, net	`IncreaseDecreaseInOtherOperatingCapitalNet`	$5.53M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$114.02M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$58.18M	USD	2 Qtrs
Acquisition of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$107.23M	USD	2 Qtrs
Acquisition of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$186.00M	USD	2 Qtrs
Proceeds from the sale of property and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$1.14M	USD	2 Qtrs
Proceeds from the sale of property and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$2.77M	USD	2 Qtrs
Business disposition	`ProceedsFromDivestitureOfBusinesses`	$27.50M	USD	2 Qtrs
Business acquisition, net of cash acquired	`PaymentsToAcquireBusinessesGross`	$15.05M	USD	2 Qtrs
Other	`PaymentsForProceedsFromOtherInvestingActivities`	$2.19M	USD	2 Qtrs
Other	`PaymentsForProceedsFromOtherInvestingActivities`	$4.09M	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-188.95M	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-94.19M	USD	2 Qtrs
Draws on floor plan notes payable non-trade, net	`IncreaseDecreaseInFloorPlanPayableNet`	$190.48M	USD	2 Qtrs
Draws on floor plan notes payable non-trade, net	`IncreaseDecreaseInFloorPlanPayableNet`	$191.00M	USD	2 Qtrs
Proceeds from long-term debt	`ProceedsFromIssuanceOfLongTermDebt`	$653.45M	USD	2 Qtrs
Proceeds from long-term debt	`ProceedsFromIssuanceOfLongTermDebt`	$571.30M	USD	2 Qtrs
Principal payments on long-term debt	`PrincipalRepaymentsOfLongtermDebt`	$574.16M	USD	2 Qtrs
Principal payments on long-term debt	`PrincipalRepaymentsOfLongtermDebt`	$684.80M	USD	2 Qtrs
Principal payments on finance lease obligations	`FinanceLeasePrincipalPayments`	$8.11M	USD	2 Qtrs
Principal payments on finance lease obligations	`FinanceLeasePrincipalPayments`	$9.34M	USD	2 Qtrs
Proceeds from issuance of shares relating to equity awards	`ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions`	$9.72M	USD	2 Qtrs
Proceeds from issuance of shares relating to equity awards	`ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions`	$8.07M	USD	2 Qtrs
Taxes paid related to net share settlement of equity awards	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$7.02M	USD	2 Qtrs
Taxes paid related to net share settlement of equity awards	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$8.64M	USD	2 Qtrs
Payments of cash dividends	`PaymentsOfDividends`	$21.59M	USD	2 Qtrs
Payments of cash dividends	`PaymentsOfDividends`	$23.45M	USD	2 Qtrs
Common stock repurchased	`PaymentsForRepurchaseOfCommonStock`	$63.86M	USD	2 Qtrs
Common stock repurchased	`PaymentsForRepurchaseOfCommonStock`	$52.79M	USD	2 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$104.56M	USD	2 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$65.70M	USD	2 Qtrs
Net (decrease) increase in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect`	$-9.23M	USD	2 Qtrs
Net (decrease) increase in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect`	$68.55M	USD	2 Qtrs
Effect of exchange rate on cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$79.00K	USD	2 Qtrs
Effect of exchange rate on cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	-	USD	2 Qtrs
Cash and cash equivalents, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$216.69M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$201.04M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$148.15M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$191.90M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$216.69M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$201.04M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$148.15M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$191.90M	USD	Point-in-time
Interest	`InterestPaidNet`	$25.03M	USD	2 Qtrs
Interest	`InterestPaidNet`	$5.96M	USD	2 Qtrs
Assets acquired under finance leases	`FairValueOfAssetsAcquired`	$29.40M	USD	2 Qtrs
Assets acquired under finance leases	`FairValueOfAssetsAcquired`	$5.75M	USD	2 Qtrs

Stockholders Equity 38 line items

Line Item	Tag	Value	Unit	Period
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.89B	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.76B	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.83B	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.63B	USD	Point-in-time
Stock options exercised and stock awards	`StockIssuedDuringPeriodValueStockOptionsExercised`	$3.48M	USD	1 Quarter
Stock options exercised and stock awards	`StockIssuedDuringPeriodValueStockOptionsExercised`	$3.25M	USD	1 Quarter
Stock options exercised and stock awards	`StockIssuedDuringPeriodValueStockOptionsExercised`	$3.41M	USD	1 Quarter
Stock-based compensation related to stock options, restricted shares and employee stock purchase plan	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$4.20M	USD	1 Quarter
Stock-based compensation related to stock options, restricted shares and employee stock purchase plan	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$5.95M	USD	1 Quarter
Stock-based compensation related to stock options, restricted shares and employee stock purchase plan	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$13.08M	USD	1 Quarter
Vesting of restricted share awards	`StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures`	$-54.00K	USD	1 Quarter
Vesting of restricted share awards	`StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures`	$-6.96M	USD	1 Quarter
Vesting of restricted share awards	`StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures`	$-1.42M	USD	1 Quarter
Issuance of common stock under employee stock purchase plan	`StockIssuedDuringPeriodValueEmployeeStockPurchasePlan`	$2.83M	USD	1 Quarter
Common stock repurchases	`TreasuryStockValueAcquiredCostMethod`	$38.44M	USD	1 Quarter
Common stock repurchases	`TreasuryStockValueAcquiredCostMethod`	$40.30M	USD	1 Quarter
Common stock repurchases	`TreasuryStockValueAcquiredCostMethod`	$25.28M	USD	1 Quarter
Foreign currency translation adjustment	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$1.69M	USD	1 Quarter
Foreign currency translation adjustment	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$-567.00K	USD	1 Quarter
Foreign currency translation adjustment	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$1.92M	USD	2 Qtrs
Foreign currency translation adjustment	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$232.00K	USD	1 Quarter
Foreign currency translation adjustment	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$-122.00K	USD	2 Qtrs
Net income	`ProfitLoss`	$189.31M	USD	2 Qtrs
Net income	`ProfitLoss`	$203.13M	USD	2 Qtrs
Net income	`ProfitLoss`	$98.52M	USD	1 Quarter
Net income	`ProfitLoss`	$90.79M	USD	1 Quarter
Net income	`ProfitLoss`	$110.67M	USD	1 Quarter
Foreign currency translation	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$1.69M	USD	1 Quarter
Foreign currency translation	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$-567.00K	USD	1 Quarter
Foreign currency translation	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$1.92M	USD	2 Qtrs
Foreign currency translation	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$232.00K	USD	1 Quarter
Foreign currency translation	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$-122.00K	USD	2 Qtrs
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.89B	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.76B	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.83B	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.63B	USD	Point-in-time
Reclassification of foreign currency translation related to equity method	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationReclassificationAdjustmentFromAOCIRealizedUponSaleOrLiquidationNetOfTax`	$-601.00K	USD	1 Quarter
Noncontrolling interest equity	`NoncontrollingInterestIncreaseFromBusinessCombination`	$17.83M	USD	1 Quarter

Comprehensive Income 28 line items

Line Item	Tag	Value	Unit	Period
Net income	`ProfitLoss`	$189.31M	USD	2 Qtrs
Net income	`ProfitLoss`	$203.13M	USD	2 Qtrs
Net income	`ProfitLoss`	$98.52M	USD	1 Quarter
Net income	`ProfitLoss`	$90.79M	USD	1 Quarter
Net income	`ProfitLoss`	$110.67M	USD	1 Quarter
Foreign currency translation	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$1.69M	USD	1 Quarter
Foreign currency translation	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$-567.00K	USD	1 Quarter
Foreign currency translation	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$1.92M	USD	2 Qtrs
Foreign currency translation	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$232.00K	USD	1 Quarter
Foreign currency translation	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$-122.00K	USD	2 Qtrs
Reclassification of currency translation related to equity method accounting	`OtherComprehensiveIncomeLossForeignCurrencyTranslationReclassificationRelatedToEquityMethodAccountingNetOfTax`	$601.00K	USD	2 Qtrs
Reclassification of currency translation related to equity method accounting	`OtherComprehensiveIncomeLossForeignCurrencyTranslationReclassificationRelatedToEquityMethodAccountingNetOfTax`	$601.00K	USD	1 Quarter
Other comprehensive income (loss) attributable to Rush Enterprises, Inc.	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-1.17M	USD	1 Quarter
Other comprehensive income (loss) attributable to Rush Enterprises, Inc.	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$1.92M	USD	2 Qtrs
Other comprehensive income (loss) attributable to Rush Enterprises, Inc.	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-723.00K	USD	2 Qtrs
Other comprehensive income (loss) attributable to Rush Enterprises, Inc.	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$1.69M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$109.50M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$191.24M	USD	2 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$202.40M	USD	2 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$100.21M	USD	1 Quarter
Less: Comprehensive income attributable to noncontrolling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$-584.00K	USD	2 Qtrs
Less: Comprehensive income attributable to noncontrolling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$-446.00K	USD	1 Quarter
Less: Comprehensive income attributable to noncontrolling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$-446.00K	USD	2 Qtrs
Less: Comprehensive income attributable to noncontrolling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$-249.00K	USD	1 Quarter
Comprehensive income attributable to Rush Enterprises, Inc.	`ComprehensiveIncomeNetOfTax`	$190.65M	USD	2 Qtrs
Comprehensive income attributable to Rush Enterprises, Inc.	`ComprehensiveIncomeNetOfTax`	$201.96M	USD	2 Qtrs
Comprehensive income attributable to Rush Enterprises, Inc.	`ComprehensiveIncomeNetOfTax`	$99.96M	USD	1 Quarter
Comprehensive income attributable to Rush Enterprises, Inc.	`ComprehensiveIncomeNetOfTax`	$109.06M	USD	1 Quarter

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.