10-Q Filing

RUSH ENTERPRISES INC TX CIK: 1012019 Q3 2023

Filing Information

Form Type	10-Q
Accession Number	`0001437749-23-031173`
Period End Date	20230930
Filing Date	20231109
Fiscal Year	2023
Fiscal Period	Q3
XBRL Instance	rusha20230930_10q_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 85 Income Statement 91 Cash Flow Statement 81 Stockholders Equity 60 Comprehensive Income 27

Balance Sheet 85 line items

Line Item	Tag	Value	Unit	Period
Cash, cash equivalents and restricted cash	`CashAndCashEquivalentsAtCarryingValue`	$201.04M	USD	Point-in-time
Preferred stock, par value (in dollars per share)	`PreferredStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Cash, cash equivalents and restricted cash	`CashAndCashEquivalentsAtCarryingValue`	$191.99M	USD	Point-in-time
Preferred stock, par value (in dollars per share)	`PreferredStockParOrStatedValuePerShare`	$0.01	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, authorized (in shares)	`PreferredStockSharesAuthorized`	1.00M	shares	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$263.48M	USD	Point-in-time
Inventories, net	`InventoryNet`	$1.67B	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
Preferred stock, outstanding (in shares)	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Prepaid expenses and other	`PrepaidExpenseAndOtherAssetsCurrent`	$16.62M	USD	Point-in-time
Prepaid expenses and other	`PrepaidExpenseAndOtherAssetsCurrent`	$18.69M	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
Total current assets	`AssetsCurrent`	$2.15B	USD	Point-in-time
Total current assets	`AssetsCurrent`	$1.87B	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$1.47B	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$1.37B	USD	Point-in-time
Operating lease right-of-use assets, net	`OperatingLeaseRightOfUseAsset`	$107.41M	USD	Point-in-time
Operating lease right-of-use assets, net	`OperatingLeaseRightOfUseAsset`	$102.69M	USD	Point-in-time
Goodwill, net	`GoodwillGross`	$416.36M	USD	Point-in-time
Goodwill, net	`GoodwillGross`	$416.42M	USD	Point-in-time
Other assets, net	`OtherAssetsNoncurrent`	$65.68M	USD	Point-in-time
Other assets, net	`OtherAssetsNoncurrent`	$73.78M	USD	Point-in-time
Total assets	`Assets`	$3.82B	USD	Point-in-time
Total assets	`Assets`	$4.22B	USD	Point-in-time
Total assets	`Assets`	$3.74B	USD	Point-in-time
Floor plan notes payable	`FloorPlanNotesPayable`	$1.12B	USD	Point-in-time
Floor plan notes payable	`FloorPlanNotesPayable`	$933.20M	USD	Point-in-time
Current maturities of long-term debt	`LongTermDebtCurrent`	$104.78M	USD	Point-in-time
Current maturities of long-term debt	`LongTermDebtCurrent`	-	USD	Point-in-time
Current maturities of finance lease obligations	`FinanceLeaseLiabilityCurrent`	$36.13M	USD	Point-in-time
Current maturities of finance lease obligations	`FinanceLeaseLiabilityCurrent`	$29.21M	USD	Point-in-time
Current maturities of operating lease obligations	`OperatingLeaseLiabilityCurrent`	$15.00M	USD	Point-in-time
Current maturities of operating lease obligations	`OperatingLeaseLiabilityCurrent`	$15.89M	USD	Point-in-time
Trade accounts payable	`AccountsPayableTradeCurrent`	$177.14M	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`	$102.90M	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$161.79M	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$163.30M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$1.72B	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$1.43B	USD	Point-in-time
Long-term debt, net of current maturities	`LongTermDebtNoncurrent`	$202.82M	USD	Point-in-time
Long-term debt, net of current maturities	`LongTermDebtNoncurrent`	$275.43M	USD	Point-in-time
Finance lease obligations, net of current maturities	`FinanceLeaseLiabilityNoncurrent`	$103.51M	USD	Point-in-time
Finance lease obligations, net of current maturities	`FinanceLeaseLiabilityNoncurrent`	$93.48M	USD	Point-in-time
Operating lease obligations, net of current maturities	`OperatingLeaseLiabilityNoncurrent`	$93.19M	USD	Point-in-time
Operating lease obligations, net of current maturities	`OperatingLeaseLiabilityNoncurrent`	$89.03M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$19.45M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$23.86M	USD	Point-in-time
Deferred income taxes, net	`DeferredIncomeTaxLiabilitiesNet`	$151.97M	USD	Point-in-time
Deferred income taxes, net	`DeferredIncomeTaxLiabilitiesNet`	$155.47M	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; 105,000,000 Class A shares and 35,000,000 Class B shares authorized; 62,053,249 Class A shares and 17,989,388 Class B shares outstanding in 2023; and 63,518,042 Class A shares and 18,124,627 Class B shares outstanding in 2022	`CommonStockValue`	$804.00K	USD	Point-in-time
Common stock, par value $.01 per share; 105,000,000 Class A shares and 35,000,000 Class B shares authorized; 62,053,249 Class A shares and 17,989,388 Class B shares outstanding in 2023; and 63,518,042 Class A shares and 18,124,627 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`	$533.65M	USD	Point-in-time
Treasury stock, at cost: 266,519 Class A shares and 105,924 Class B shares in 2023; and 1,626,777 Class A shares and 1,112,446 Class B shares in 2022	`TreasuryStockCommonValue`	$16.17M	USD	Point-in-time
Treasury stock, at cost: 266,519 Class A shares and 105,924 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`	$1.39B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$1.38B	USD	Point-in-time
Accumulated other comprehensive income (loss)	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-4.32M	USD	Point-in-time
Accumulated other comprehensive income (loss)	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-4.13M	USD	Point-in-time
Total Rush Enterprises, Inc. shareholders equity	`StockholdersEquity`	$1.74B	USD	Point-in-time
Total Rush Enterprises, Inc. shareholders equity	`StockholdersEquity`	$1.90B	USD	Point-in-time
Noncontrolling interest	`MinorityInterest`	$18.53M	USD	Point-in-time
Noncontrolling interest	`MinorityInterest`	$19.47M	USD	Point-in-time
Total shareholders equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.89B	USD	Point-in-time
Total shareholders equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.92B	USD	Point-in-time
Total shareholders equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.47B	USD	Point-in-time
Total shareholders equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.76B	USD	Point-in-time
Total shareholders equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.55B	USD	Point-in-time
Total shareholders equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.68B	USD	Point-in-time
Total shareholders equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.63B	USD	Point-in-time
Total shareholders equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.83B	USD	Point-in-time
Total liabilities and shareholders equity	`LiabilitiesAndStockholdersEquity`	$4.22B	USD	Point-in-time
Total liabilities and shareholders equity	`LiabilitiesAndStockholdersEquity`	$3.82B	USD	Point-in-time

Income Statement 91 line items

Line Item	Tag	Value	Unit	Period
Revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$1.78B	USD	1 Quarter
Revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$5.63B	USD	3 Qtrs
Revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$1.89B	USD	1 Quarter
Revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$4.98B	USD	3 Qtrs
Lease and rental sales	`LeaseIncome`	$264.68M	USD	3 Qtrs
Lease and rental sales	`LeaseIncome`	$89.47M	USD	1 Quarter
Lease and rental sales	`LeaseIncome`	$85.69M	USD	1 Quarter
Lease and rental sales	`LeaseIncome`	$237.56M	USD	3 Qtrs
Total revenue	`Revenues`	$5.90B	USD	3 Qtrs
Total revenue	`Revenues`	$5.22B	USD	3 Qtrs
Total revenue	`Revenues`	$1.86B	USD	1 Quarter
Total revenue	`Revenues`	$1.98B	USD	1 Quarter
Lease and rental sales	`CostOfRevenueLeaseAndRental`	$184.10M	USD	3 Qtrs
Lease and rental sales	`CostOfRevenueLeaseAndRental`	$58.48M	USD	1 Quarter
Lease and rental sales	`CostOfRevenueLeaseAndRental`	$162.38M	USD	3 Qtrs
Lease and rental sales	`CostOfRevenueLeaseAndRental`	$62.11M	USD	1 Quarter
Total cost of products sold	`CostOfRevenue`	$1.48B	USD	1 Quarter
Total cost of products sold	`CostOfRevenue`	$4.12B	USD	3 Qtrs
Total cost of products sold	`CostOfRevenue`	$4.69B	USD	3 Qtrs
Total cost of products sold	`CostOfRevenue`	$1.59B	USD	1 Quarter
Gross profit	`GrossProfit`	$1.10B	USD	3 Qtrs
Gross profit	`GrossProfit`	$1.21B	USD	3 Qtrs
Gross profit	`GrossProfit`	$381.40M	USD	1 Quarter
Gross profit	`GrossProfit`	$394.40M	USD	1 Quarter
Selling, general and administrative expense	`SellingGeneralAndAdministrativeExpense`	$692.38M	USD	3 Qtrs
Selling, general and administrative expense	`SellingGeneralAndAdministrativeExpense`	$242.61M	USD	1 Quarter
Selling, general and administrative expense	`SellingGeneralAndAdministrativeExpense`	$257.13M	USD	1 Quarter
Selling, general and administrative expense	`SellingGeneralAndAdministrativeExpense`	$770.63M	USD	3 Qtrs
Depreciation and amortization expense	`DepreciationAndAmortization`	$15.87M	USD	1 Quarter
Depreciation and amortization expense	`DepreciationAndAmortization`	$44.73M	USD	3 Qtrs
Depreciation and amortization expense	`DepreciationAndAmortization`	$13.96M	USD	1 Quarter
Depreciation and amortization expense	`DepreciationAndAmortization`	$41.55M	USD	3 Qtrs
Gain on sale of assets	`GainLossOnDispositionOfAssets1`	$2.21M	USD	1 Quarter
Gain on sale of assets	`GainLossOnDispositionOfAssets1`	$596.00K	USD	3 Qtrs
Gain on sale of assets	`GainLossOnDispositionOfAssets1`	$2.43M	USD	3 Qtrs
Gain on sale of assets	`GainLossOnDispositionOfAssets1`	$220.00K	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$121.62M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$392.26M	USD	3 Qtrs
Operating income	`OperatingIncomeLoss`	$369.56M	USD	3 Qtrs
Operating income	`OperatingIncomeLoss`	$127.04M	USD	1 Quarter
Other income (expense)	`NonoperatingIncomeExpense`	$2.38M	USD	3 Qtrs
Other income (expense)	`NonoperatingIncomeExpense`	$22.18M	USD	3 Qtrs
Other income (expense)	`NonoperatingIncomeExpense`	$-215.00K	USD	1 Quarter
Other income (expense)	`NonoperatingIncomeExpense`	$133.00K	USD	1 Quarter
Interest expense, net	`InterestExpense`	$10.66M	USD	3 Qtrs
Interest expense, net	`InterestExpense`	$37.41M	USD	3 Qtrs
Interest expense, net	`InterestExpense`	$14.19M	USD	1 Quarter
Interest expense, net	`InterestExpense`	$6.28M	USD	1 Quarter
Income before taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$107.56M	USD	1 Quarter
Income before taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$357.23M	USD	3 Qtrs
Income before taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$381.08M	USD	3 Qtrs
Income before taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$120.55M	USD	1 Quarter
Income tax provision	`IncomeTaxExpenseBenefit`	$29.88M	USD	1 Quarter
Income tax provision	`IncomeTaxExpenseBenefit`	$87.28M	USD	3 Qtrs
Income tax provision	`IncomeTaxExpenseBenefit`	$26.93M	USD	1 Quarter
Income tax provision	`IncomeTaxExpenseBenefit`	$87.29M	USD	3 Qtrs
Net income	`ProfitLoss`	$90.66M	USD	1 Quarter
Net income	`ProfitLoss`	$90.79M	USD	1 Quarter
Net income	`ProfitLoss`	$110.67M	USD	1 Quarter
Net income	`ProfitLoss`	$293.79M	USD	3 Qtrs
Net income	`ProfitLoss`	$269.95M	USD	3 Qtrs
Net income	`ProfitLoss`	$98.52M	USD	1 Quarter
Net income	`ProfitLoss`	$80.63M	USD	1 Quarter
Less: Net income attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$356.00K	USD	1 Quarter
Less: Net income attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$733.00K	USD	3 Qtrs
Less: Net income attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$940.00K	USD	3 Qtrs
Less: Net income attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$287.00K	USD	1 Quarter
Net income attributable to Rush Enterprises, Inc.	`NetIncomeLoss`	$269.01M	USD	3 Qtrs
Net income attributable to Rush Enterprises, Inc.	`NetIncomeLoss`	$90.38M	USD	1 Quarter
Net income attributable to Rush Enterprises, Inc.	`NetIncomeLoss`	$80.28M	USD	1 Quarter
Net income attributable to Rush Enterprises, Inc.	`NetIncomeLoss`	$293.06M	USD	3 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.99	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$3.30	USD	3 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	$1.09	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$3.51	USD	3 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$3.41	USD	3 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.96	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$1.06	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$3.19	USD	3 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	81.63M	shares	3 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	82.85M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	81.23M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	83.40M	shares	3 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	86.05M	shares	3 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	84.25M	shares	3 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	83.99M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	85.31M	shares	1 Quarter
Dividends declared per common share (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$0.14	USD	1 Quarter
Dividends declared per common share (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$0.17	USD	1 Quarter
Dividends declared per common share (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$0.45	USD	3 Qtrs
Dividends declared per common share (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$0.39	USD	3 Qtrs

Cash Flow Statement 81 line items

Line Item	Tag	Value	Unit	Period
Net income	`ProfitLoss`	$90.66M	USD	1 Quarter
Net income	`ProfitLoss`	$90.79M	USD	1 Quarter
Net income	`ProfitLoss`	$110.67M	USD	1 Quarter
Net income	`ProfitLoss`	$293.79M	USD	3 Qtrs
Net income	`ProfitLoss`	$269.95M	USD	3 Qtrs
Net income	`ProfitLoss`	$98.52M	USD	1 Quarter
Net income	`ProfitLoss`	$80.63M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$146.48M	USD	3 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$165.15M	USD	3 Qtrs
Gain on sale of property and equipment	`GainLossOnSaleOfPropertyPlantEquipment`	$596.00K	USD	3 Qtrs
Gain on sale of property and equipment	`GainLossOnSaleOfPropertyPlantEquipment`	$2.43M	USD	3 Qtrs
Gain on joint venture transaction	`GainLossOnJointVentureTransaction`	-	USD	3 Qtrs
Gain on joint venture transaction	`GainLossOnJointVentureTransaction`	$12.50M	USD	3 Qtrs
Gain on business acquisition	`BusinessCombinationStepAcquisitionEquityInterestInAcquireeRemeasurementGain`	$6.96M	USD	3 Qtrs
Gain on business acquisition	`BusinessCombinationStepAcquisitionEquityInterestInAcquireeRemeasurementGain`	-	USD	3 Qtrs
Stock-based compensation expense related to stock options and employee stock purchases	`ShareBasedCompensation`	$25.30M	USD	3 Qtrs
Stock-based compensation expense related to stock options and employee stock purchases	`ShareBasedCompensation`	$21.55M	USD	3 Qtrs
Provision for deferred income tax expense	`DeferredIncomeTaxExpenseBenefit`	$3.51M	USD	3 Qtrs
Provision for deferred income tax expense	`DeferredIncomeTaxExpenseBenefit`	$7.92M	USD	3 Qtrs
Change in accounts receivable, net	`IncreaseDecreaseInReceivables`	$42.82M	USD	3 Qtrs
Change in accounts receivable, net	`IncreaseDecreaseInReceivables`	$75.07M	USD	3 Qtrs
Change in inventories, net	`IncreaseDecreaseInInventories`	$193.67M	USD	3 Qtrs
Change in inventories, net	`IncreaseDecreaseInInventories`	$264.69M	USD	3 Qtrs
Change in prepaid expenses and other, net	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-875.00K	USD	3 Qtrs
Change in prepaid expenses and other, net	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$2.08M	USD	3 Qtrs
Change in trade accounts payable	`IncreaseDecreaseInAccountsPayableTrade`	$44.07M	USD	3 Qtrs
Change in trade accounts payable	`IncreaseDecreaseInAccountsPayableTrade`	$4.58M	USD	3 Qtrs
Change in customer deposits	`IncreaseDecreaseInContractWithCustomerLiability`	$-13.33M	USD	3 Qtrs
Change in customer deposits	`IncreaseDecreaseInContractWithCustomerLiability`	$9.65M	USD	3 Qtrs
Change in accrued expenses	`IncreaseDecreaseInAccruedLiabilities`	$25.46M	USD	3 Qtrs
Change in accrued expenses	`IncreaseDecreaseInAccruedLiabilities`	$-4.09M	USD	3 Qtrs
Other, net	`IncreaseDecreaseInOtherOperatingCapitalNet`	$4.83M	USD	3 Qtrs
Other, net	`IncreaseDecreaseInOtherOperatingCapitalNet`	$831.00K	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$211.06M	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$183.32M	USD	3 Qtrs
Acquisition of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$175.24M	USD	3 Qtrs
Acquisition of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$289.08M	USD	3 Qtrs
Proceeds from the sale of property and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$7.01M	USD	3 Qtrs
Proceeds from the sale of property and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$1.89M	USD	3 Qtrs
Business disposition	`ProceedsFromDivestitureOfBusinesses`	-	USD	3 Qtrs
Business disposition	`ProceedsFromDivestitureOfBusinesses`	$27.50M	USD	3 Qtrs
Business acquisition, net of cash acquired	`PaymentsToAcquireBusinessesGross`	$15.75M	USD	3 Qtrs
Business acquisition, net of cash acquired	`PaymentsToAcquireBusinessesGross`	-	USD	3 Qtrs
Other	`PaymentsForProceedsFromOtherInvestingActivities`	$11.69M	USD	3 Qtrs
Other	`PaymentsForProceedsFromOtherInvestingActivities`	$3.77M	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-290.95M	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-168.17M	USD	3 Qtrs
Draws on floor plan notes payable non-trade, net	`IncreaseDecreaseInFloorPlanPayableNet`	$188.42M	USD	3 Qtrs
Draws on floor plan notes payable non-trade, net	`IncreaseDecreaseInFloorPlanPayableNet`	$277.26M	USD	3 Qtrs
Proceeds from long-term debt	`ProceedsFromIssuanceOfLongTermDebt`	$695.17M	USD	3 Qtrs
Proceeds from long-term debt	`ProceedsFromIssuanceOfLongTermDebt`	$995.08M	USD	3 Qtrs
Principal payments on long-term debt	`PrincipalRepaymentsOfLongtermDebt`	$788.76M	USD	3 Qtrs
Principal payments on long-term debt	`PrincipalRepaymentsOfLongtermDebt`	$962.79M	USD	3 Qtrs
Principal payments on finance lease obligations	`FinanceLeasePrincipalPayments`	$13.45M	USD	3 Qtrs
Principal payments on finance lease obligations	`FinanceLeasePrincipalPayments`	$11.09M	USD	3 Qtrs
Proceeds from issuance of shares relating to employee stock options and employee stock purchases	`ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions`	$14.73M	USD	3 Qtrs
Proceeds from issuance of shares relating to employee stock options and employee stock purchases	`ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions`	$11.08M	USD	3 Qtrs
Taxes paid related to net share settlement of equity awards	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$8.67M	USD	3 Qtrs
Taxes paid related to net share settlement of equity awards	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$7.02M	USD	3 Qtrs
Payments of cash dividends	`PaymentsOfDividends`	$33.12M	USD	3 Qtrs
Payments of cash dividends	`PaymentsOfDividends`	$37.10M	USD	3 Qtrs
Common stock repurchased	`PaymentsForRepurchaseOfCommonStock`	$107.04M	USD	3 Qtrs
Common stock repurchased	`PaymentsForRepurchaseOfCommonStock`	$85.27M	USD	3 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$70.84M	USD	3 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$56.60M	USD	3 Qtrs
Net (decrease) increase in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect`	$71.75M	USD	3 Qtrs
Net (decrease) increase in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect`	$-9.05M	USD	3 Qtrs
Effect of exchange rate on cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	-	USD	3 Qtrs
Effect of exchange rate on cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$-6.00K	USD	3 Qtrs
Cash, cash equivalents and restricted cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$219.52M	USD	Point-in-time
Cash, cash equivalents and restricted cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$191.99M	USD	Point-in-time
Cash, cash equivalents and restricted cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$201.04M	USD	Point-in-time
Cash, cash equivalents and restricted cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$148.15M	USD	Point-in-time
Cash, cash equivalents and restricted cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$219.52M	USD	Point-in-time
Cash, cash equivalents and restricted cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$191.99M	USD	Point-in-time
Cash, cash equivalents and restricted cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$201.04M	USD	Point-in-time
Cash, cash equivalents and restricted cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$148.15M	USD	Point-in-time
Interest	`InterestPaidNet`	$40.23M	USD	3 Qtrs
Interest	`InterestPaidNet`	$12.97M	USD	3 Qtrs
Assets acquired under finance leases	`FairValueOfAssetsAcquired`	$40.14M	USD	3 Qtrs
Assets acquired under finance leases	`FairValueOfAssetsAcquired`	$14.29M	USD	3 Qtrs

Stockholders Equity 60 line items

Line Item	Tag	Value	Unit	Period
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.89B	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.92B	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.47B	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.76B	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.55B	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.68B	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.63B	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.83B	USD	Point-in-time
Stock options exercised and stock awards	`StockIssuedDuringPeriodValueStockOptionsExercised`	$3.41M	USD	1 Quarter
Stock options exercised and stock awards	`StockIssuedDuringPeriodValueStockOptionsExercised`	$2.38M	USD	1 Quarter
Stock options exercised and stock awards	`StockIssuedDuringPeriodValueStockOptionsExercised`	$3.25M	USD	1 Quarter
Stock options exercised and stock awards	`StockIssuedDuringPeriodValueStockOptionsExercised`	$1.89M	USD	1 Quarter
Stock options exercised and stock awards	`StockIssuedDuringPeriodValueStockOptionsExercised`	$227.00K	USD	1 Quarter
Stock options exercised and stock awards	`StockIssuedDuringPeriodValueStockOptionsExercised`	$3.48M	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`	$4.20M	USD	1 Quarter
Stock-based compensation related to stock options, restricted shares and employee stock purchase plan	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$13.08M	USD	1 Quarter
Stock-based compensation related to stock options, restricted shares and employee stock purchase plan	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$6.26M	USD	1 Quarter
Stock-based compensation related to stock options, restricted shares and employee stock purchase plan	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$3.55M	USD	1 Quarter
Vesting of restricted share awards	`StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures`	$-7.21M	USD	1 Quarter
Vesting of restricted share awards	`StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures`	$-6.96M	USD	1 Quarter
Vesting of restricted share awards	`StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures`	$-54.00K	USD	1 Quarter
Vesting of restricted share awards	`StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures`	$-1.42M	USD	1 Quarter
Vesting of restricted share awards	`StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures`	$-31.00K	USD	1 Quarter
Issuance of common stock under employee stock purchase plan	`StockIssuedDuringPeriodValueEmployeeStockPurchasePlan`	$2.44M	USD	1 Quarter
Issuance of common stock under employee stock purchase plan	`StockIssuedDuringPeriodValueEmployeeStockPurchasePlan`	$2.78M	USD	1 Quarter
Issuance of common stock under employee stock purchase plan	`StockIssuedDuringPeriodValueEmployeeStockPurchasePlan`	$2.83M	USD	1 Quarter
Issuance of common stock under employee stock purchase plan	`StockIssuedDuringPeriodValueEmployeeStockPurchasePlan`	$3.12M	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`	$44.17M	USD	1 Quarter
Common stock repurchases	`TreasuryStockValueAcquiredCostMethod`	$33.09M	USD	1 Quarter
Common stock repurchases	`TreasuryStockValueAcquiredCostMethod`	$25.28M	USD	1 Quarter
Common stock repurchases	`TreasuryStockValueAcquiredCostMethod`	$15.31M	USD	1 Quarter
Foreign currency translation	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$-187.00K	USD	3 Qtrs
Foreign currency translation	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$-5.70M	USD	1 Quarter
Foreign currency translation	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$232.00K	USD	1 Quarter
Foreign currency translation	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$1.69M	USD	1 Quarter
Foreign currency translation	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$-2.11M	USD	1 Quarter
Foreign currency translation	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$-567.00K	USD	1 Quarter
Foreign currency translation	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$-5.82M	USD	3 Qtrs
Net income	`ProfitLoss`	$90.66M	USD	1 Quarter
Net income	`ProfitLoss`	$90.79M	USD	1 Quarter
Net income	`ProfitLoss`	$110.67M	USD	1 Quarter
Net income	`ProfitLoss`	$293.79M	USD	3 Qtrs
Net income	`ProfitLoss`	$269.95M	USD	3 Qtrs
Net income	`ProfitLoss`	$98.52M	USD	1 Quarter
Net income	`ProfitLoss`	$80.63M	USD	1 Quarter
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.89B	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.92B	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.47B	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.76B	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.55B	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.68B	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.63B	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.83B	USD	Point-in-time
Retirement of treasury shares and par value adjustment	`TreasuryStockRetiredCostMethodAmount`	$3.00K	USD	1 Quarter
Retirement of treasury shares and par value adjustment	`TreasuryStockRetiredCostMethodAmount`	$3.00K	USD	1 Quarter
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 27 line items

Line Item	Tag	Value	Unit	Period
Net income	`ProfitLoss`	$90.66M	USD	1 Quarter
Net income	`ProfitLoss`	$90.79M	USD	1 Quarter
Net income	`ProfitLoss`	$110.67M	USD	1 Quarter
Net income	`ProfitLoss`	$293.79M	USD	3 Qtrs
Net income	`ProfitLoss`	$269.95M	USD	3 Qtrs
Net income	`ProfitLoss`	$98.52M	USD	1 Quarter
Net income	`ProfitLoss`	$80.63M	USD	1 Quarter
Foreign currency translation	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$-187.00K	USD	3 Qtrs
Foreign currency translation	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$-5.70M	USD	1 Quarter
Foreign currency translation	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$232.00K	USD	1 Quarter
Foreign currency translation	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$1.69M	USD	1 Quarter
Foreign currency translation	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$-2.11M	USD	1 Quarter
Foreign currency translation	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$-567.00K	USD	1 Quarter
Foreign currency translation	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$-5.82M	USD	3 Qtrs
Reclassification of currency translation related to equity method accounting	`OtherComprehensiveIncomeLossForeignCurrencyTranslationReclassificationRelatedToEquityMethodAccountingNetOfTax`	$601.00K	USD	3 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$269.76M	USD	3 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$78.53M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$287.37M	USD	3 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$84.96M	USD	1 Quarter
Less: Comprehensive income attributable to noncontrolling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$356.00K	USD	1 Quarter
Less: Comprehensive income attributable to noncontrolling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$940.00K	USD	3 Qtrs
Less: Comprehensive income attributable to noncontrolling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$287.00K	USD	1 Quarter
Less: Comprehensive income attributable to noncontrolling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$733.00K	USD	3 Qtrs
Comprehensive income attributable to Rush Enterprises, Inc.	`ComprehensiveIncomeNetOfTax`	$84.67M	USD	1 Quarter
Comprehensive income attributable to Rush Enterprises, Inc.	`ComprehensiveIncomeNetOfTax`	$268.82M	USD	3 Qtrs
Comprehensive income attributable to Rush Enterprises, Inc.	`ComprehensiveIncomeNetOfTax`	$78.17M	USD	1 Quarter
Comprehensive income attributable to Rush Enterprises, Inc.	`ComprehensiveIncomeNetOfTax`	$286.63M	USD	3 Qtrs

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