SPARTAN MOTORS INC
CIK:0000743238|SEC Filings
Condensed Consolidated Statements of Operations (Unaudited) - USD ($) shares in Thousands, $ in Thousands |
3 Months Ended | |
|---|---|---|
Mar. 31, 2025 |
Mar. 31, 2024 |
|
| Sales | $ 204,599 | $ 197,889 |
| Cost of products sold | 164,297 | 163,827 |
| Gross profit | 40,302 | 34,062 |
| Operating expenses: | ||
| Research and development | 3,887 | 3,719 |
| Selling, general and administrative | 34,666 | 32,273 |
| Total operating expenses | 38,553 | 35,992 |
| Operating income (loss) | 1,749 | (1,930) |
| Other income (expense) | ||
| Interest expense | (2,661) | (2,053) |
| Other income | 130 | 97 |
| Total other income (expense) | (2,531) | (1,956) |
| Loss before income taxes | (782) | (3,886) |
| Income tax expense | 654 | 783 |
| Net loss | $ (1,436) | $ (4,669) |
| Basic loss per share (in dollars per share) | $ (0.04) | $ (0.14) |
| Diluted loss per share (in dollars per share) | $ (0.04) | $ (0.14) |
| Basic weighted average common shares outstanding (in shares) | 34,933 | 34,319 |
| Diluted weighted average common shares outstanding (in shares) | 34,933 | 34,319 |