Business Description and Accounting Policies [Text Block]

NOTE

- GENERAL AND SUMMARY OF ACCOUNTING POLICIES

Nature of Operations

. Spartan Motors, Inc. (the “Company”, “we”, or “us”) is a niche market leader in specialty vehicle manufacturing and assembly for the commercial vehicle (including last-mile delivery, specialty service and vocation-specific up-fit segments), emergency response and recreational vehicle industries. We have various subsidiaries that are manufacturers of bodies for various markets including fleet vehicles and emergency response vehicles. Our principal chassis markets are emergency response vehicles, motor homes and other specialty vehicles.

Our operating activities are conducted through our wholly-owned operating subsidiary, Spartan Motors USA, Inc. (“Spartan USA”), with locations in Charlotte, Michigan; Brandon, South Dakota; Snyder and Neligh, Nebraska; Ladson, South Carolina; Ephrata, Pennsylvania; Pompano Beach, Florida; Bristol, Indiana; Kansas City, Missouri; and Saltillo, Mexico.

December 17, 2018,

the Company acquired all of the assets and assumed certain liabilities of Strobes-R-Us, Inc. (“SRUS”), a premier provider of up-fit services for government and non-government vehicles. The acquisition will enable the Company to increase its product offerings to both fleet and emergency response customers, while further expanding its manufacturing capabilities into the southeastern U.S. market. As part of this acquisition, Spartan acquired Strobes-R-Us’ state-of-the-art up-fit facility and product showroom in Pompano Beach, Florida. SRUS will be reported as part of the Fleet Vehicles and Services segment.

January 1, 2017,

Spartan USA acquired substantially all of the assets and assumed certain liabilities of Smeal Fire Apparatus Co., Smeal Properties, Inc., Ladder Tower Co., and U.S. Tanker Co. When used in this Annual Report on Form

-K, “Smeal” refers to the assets, liabilities, and operations acquired from such entities. The assets acquired consist of the assets used by the former owners of Smeal in the operation of its business designing, manufacturing, and distributing emergency response vehicle bodies and aerial devices for the fire service industry. Smeal has operations in Snyder and Neligh, Nebraska; and Ephrata, Pennsylvania and is operated as part of our Emergency Response Vehicles segment.

Our Bristol, Indiana location manufactures vehicles used in the parcel delivery, mobile retail and trades and construction industries, and supplies related aftermarket parts and services under the Utilimaster brand name. Our Kansas City, Missouri, Pompano Beach, Florida and Saltillo, Mexico locations sell and install equipment used in commercial and fleet vehicles. Our Brandon, South Dakota, Snyder and Neligh, Nebraska, and Ephrata, Pennsylvania locations manufacture emergency response vehicles under the Spartan, Smeal, US Tanker and Ladder Tower Company brand names. Our Charlotte, Michigan location manufactures heavy duty chassis and vehicles and supplies aftermarket parts and accessories under the Spartan Chassis and Spartan brand names. Spartan USA was also a participant in Spartan-Gimaex Innovations, LLC (“Spartan-Gimaex”), a

50/50

joint venture with Gimaex Holding, Inc. that was formed to provide emergency response vehicles for the domestic and international markets. Spartan-Gimaex is reported as a consolidated subsidiary of Spartan Motors, Inc. In

February 2015,

Spartan USA and Gimaex Holding, Inc. mutually agreed to begin discussions regarding the dissolution of the joint venture. In

June 2015,

Spartan USA and Gimaex Holding, Inc. entered into court proceedings to determine the terms of the dissolution. In

February 2017,

by agreement of the parties, the court proceeding was dismissed with prejudice and the judge entered an order to this effect as the parties agreed to seek a dissolution plan on their own. The Company is continuing to work on this dissolution plan and

dissolution terms have been determined as of the date of this Form

-K.

Principles of Consolidation

. The consolidated financial statements include our accounts and the accounts of our wholly owned subsidiary, Spartan USA. All intercompany transactions have been eliminated.

Non-Controlling Interest

December 31, 2018,

Spartan USA held a

50%

share in Spartan-Gimaex, however, due to the management and operational structure of the joint venture, Spartan USA was considered to have had the ability to control the operations of Spartan-Gimaex. Accordingly, Spartan-Gimaex is reported as a consolidated subsidiary of Spartan Motors, Inc., within the Emergency Response Vehicles segment. The joint venture is

not

currently active and as noted above the parties are currently seeking a dissolution plan.

Use of Estimates

. In the preparation of our financial statements in accordance with U.S. generally accepted accounting principles (“GAAP”), management uses estimates and makes judgments and assumptions that affect asset and liability values and the amounts reported as income and expense during the periods presented. Certain of these estimates, judgments and assumptions, such as the allowance for credit losses, warranty expenses, impairment assessments of tangible and intangible assets, and the provision for income taxes, are particularly sensitive. If actual results are different from estimates used by management, they

may

have a material impact on the financial statements.

Revenue Recognition

. Essentially all of our revenue is generated through contracts with our customers. We

may

recognize revenue over time or at a point in time when or as obligations under the terms of a contract with our customer are satisfied, depending on the terms and features of the contract and the products supplied. Our contracts generally do

not

have any significant variable consideration. The collectability of consideration on the contract is reasonably assured before revenue is recognized. On certain vehicles, payment

may

be received in advance of us satisfying our performance obligations. Such payments are recorded in Customer deposits on the Consolidated Balance Sheets. The corresponding performance obligations are generally satisfied within

one

year of the contract inception. In such cases, we have elected to apply the practical expedient to

not

adjust the promised amount of consideration for the effects of a significant financing component. The financing impact on contracts that contain performance obligations that are

not

expected to be satisfied within

one

year are expected to be immaterial to our consolidated financial statements. We have elected to utilize the practical expedient to recognize the incremental costs of obtaining a contract as an expense when incurred because the amortization period for the prepaid costs that would have otherwise been deferred and amortized is

one

year or less.

Revenue recognized in a current period from performance obligations satisfied in a prior period, if any, is immaterial to our consolidated financial statements. We use an observable price to allocate the stand-alone selling price to separate performance obligations within a contract or a cost-plus margin approach when an observable price is

not

available. The estimated costs to fulfill our base warranties are recognized as expense when the products are sold (see “

Note

– Commitments and Contingent Liabilities

” for further information on warranties). Our contracts with customers do

not

contain a provision for product returns, except for contracts related to certain parts sales.

Revenue for parts sales for all segments is recognized at the time that control and risk of ownership has passed to the customer, which is generally, when the ordered part is shipped to the customer. Historical return rates on parts sales have been immaterial. Accordingly,

return reserve has been recorded. Instead, returns are recognized as a reduction of revenue at the time that they are received.

For certain of our vehicles and chassis, we sell separately priced service contracts that provide roadside assistance or extend certain warranty coverage beyond our base warranty agreements. These separately priced contracts range from

years from the date of the shipment of the related vehicle or chassis. We receive payment with the shipment of the related vehicle or at the inception of the extended service contract, if later, and recognize revenue over the coverage term of the agreement, generally on a straight-line basis, which approximates the pattern of costs expected to be incurred in satisfying the obligations under the contract.

Distinct revenue recognition policies for our segments are as follows:

Fleet Vehicles and Services

Our walk-in vans and truck bodies are generally built on a chassis that is owned and controlled by the customer. Due to the customer ownership of the chassis, the performance obligation for these walk-in vans and truck bodies is satisfied as the vehicles are built. Accordingly, the revenue and corresponding cost of products sold associated with these contracts are recognized over time based on the inputs completed for a given performance obligation during the reporting period. Certain contracts will specify that a walk-in van or truck body is to be built on a chassis that we purchase and subsequently sell to the customer. The revenue on these contracts is recognized at the time that the performance obligation is satisfied and control and risk of ownership has passed to the customer, which is generally upon shipment of the vehicle from our manufacturing facility to the customer or receipt of the vehicle by the customer, depending on contract terms. We have elected to treat shipping and handling costs subsequent to transfer of control as fulfillment activities and, accordingly, recognize these costs as the revenue is recognized.

Revenue for up-fit and field service contracts is recognized over time, as equipment is installed in the customer’s vehicle or repairs and enhancements are made to customer’s vehicles. Revenue and the corresponding cost of products sold is estimated based on the inputs completed for a given performance obligation. Our performance obligation for up-fit and field service contracts is satisfied when the equipment installation or repairs and enhancements of the customer’s vehicle has been completed. Payment on our fleet vehicles and services performance obligations is received an average of

days after revenue is recognized.

Emergency Response Vehicles

Our emergency response chassis and apparatuses are generally manufactured to order based on customer-supplied specifications. Due to the custom nature of the products and the attributes of the contracts, we do

not

have a ready alternative use for our emergency response chassis and apparatuses and we have an enforceable right to payment on the contracts. Accordingly, performance obligations for these custom ordered chassis and apparatuses are satisfied as the apparatuses and chassis are built. We recognize revenue and the corresponding cost of products sold on these contracts over time based on the inputs completed for a given performance obligation during the reporting period. We have elected to treat shipping and handling costs subsequent to transfer of control as fulfillment activities and, accordingly, recognize these costs as the revenue is recognized. Payment is received an average of

days following the recognition of revenue for chassis and

103

days for complete apparatuses.

Revenue on certain emergency response chassis and apparatuses that are sold from stock or utilized as demonstration units is recognized at the point in time when the chassis and apparatus is shipped. Revenue related to modifications made to trucks sold from stock or that were utilized as demonstration units is recognized over time as the modifications are completed. Payment is received an average of

days following the recognition of revenue for stock or demonstrator units.

Specialty Chassis and Vehicles

We recognize revenue and the corresponding cost of products sold on the sale of motor home chassis when the performance obligation is completed and control and risk of ownership of the chassis has passed to our customer, which is generally upon shipment of the chassis to the customer.

Revenue and the corresponding cost of products sold associated with other specialty chassis is recognized over time based on the inputs completed for a given performance obligation during the reporting period. The performance obligations for other specialty chassis contracts are satisfied as the products are assembled. Payment is received an average of

days following the recognition of revenue for other specialty chassis.

Business Combinations

. When acquiring other businesses, we recognize identifiable assets acquired and liabilities assumed at their acquisition date estimated fair values, and separately from any goodwill that

may

be required to be recognized. Goodwill, when recognizable, is measured as the excess amount of any consideration transferred, which is measured at fair value, over the acquisition date fair values of the identifiable assets acquired and liabilities assumed.

Accounting for such acquisitions requires us to make significant assumptions and estimates and, although we believe any estimates and assumptions we make are reasonable and appropriate at the time they are made, unanticipated events and circumstances

may

arise that affect their accuracy, which

may

cause actual results to differ from those estimated by us. When necessary, we will adjust the values of the assets acquired and liabilities assumed against the goodwill or acquisition gain, as initially recorded, for a period of up to

one

year after the acquisition date.

Costs incurred to effect an acquisition, such as legal, accounting, valuation or other

third

-party costs, as well as internal general and administrative costs incurred are charged to expense in the periods incurred.

Shipping and Handling of Products

. Costs incurred related to the shipment and handling of products are classified in cost of products sold. Amounts billed to customers for shipping and handling of products are included in sales.

Cash and Cash Equivalents

include cash on hand, cash on deposit, treasuries and money market funds. We consider all investments purchased with an original maturity of

three

months or less to be cash equivalents.

Accounts Receivable

. Our receivables are subject to credit risk, and we do

not

typically require collateral on our accounts receivable. We perform periodic credit evaluations of our customers’ financial condition and generally require a security interest in the products sold. Receivables generally are due within

days. We maintain an allowance for customer accounts that reduces receivables to amounts that are expected to be collected. In estimating the allowance for doubtful accounts, management makes certain assumptions regarding the risk of uncollectable open receivable accounts. This risk factor is applied to the balance on accounts that are aged over

days: generally, this reserve has an estimated range from

25%.

The risk percentage applied to the aged accounts

may

change based on conditions such as: general economic conditions, industry-specific economic conditions, historical and anticipated customer performance, historical experience with write-offs and the level of past-due amounts from year to year. However, generally our assumptions are consistent year-over-year and there has been little adjustment made to the percentages used. In addition, in the event there are certain known risk factors with an open account, we

may

increase the allowance to include estimated losses on such “specific” account balances. The “specific” reserves are identified by a periodic review of the aged accounts receivable. If there is an account in question, credit checks are made and there is communication with the customer, along with other means to try to assess if a specific reserve is required. The inclusion of the “specific” reserve has caused the greatest fluctuation in the allowance for doubtful accounts balance historically. Past due accounts are written off when collectability is determined to be

longer assured.

Inventories

are stated at the lower of

first

-in,

first

-out cost or net realizable value. Estimated inventory allowances for slow-moving inventory are based upon current assessments about future demands, market conditions and related management initiatives. If market conditions are less favorable than those projected by management, additional inventory allowances

may

be required.

Contract Assets

arise upon the transfer of goods or services to a customer before the customer pays consideration. The Company will present the contract as either a contract asset or as a receivable, depending on the nature of the entity’s right to consideration for its performance. Contract assets are a right to consideration in exchange for goods or services that the Company has transferred to a customer, when the right is conditioned on something other than the passage of time.

Property, Plant and Equipment

is stated at cost and the related assets are depreciated over their estimated useful lives on a straight-line basis for financial statement purposes and an accelerated method for income tax purposes. Cost includes an amount of interest associated with significant capital projects. Estimated useful lives range from

years for buildings and improvements,

years for plant machinery and equipment,

years for furniture and fixtures and

years for vehicles. Leasehold improvements are depreciated over the shorter of the lease term or the estimated useful life of the asset. Maintenance and repair costs are charged to earnings, while expenditures that increase asset lives are capitalized. We review our property, plant and equipment, along with all other long-lived assets that have finite lives, including finite-lived intangible assets, for impairment whenever events or changes in circumstances indicate that their carrying amounts

may

not

be recoverable. Assets held-for-sale are recorded at the lower of historical depreciated cost or the estimated fair value less costs to sell. See Note

Property, Plant and Equipment

for further information on our property and equipment.

Related Party Transactions.

We purchase certain components used in the manufacture of our products from parties that could be considered related to us because

one

or more of our executive officers or board members is also an executive officer or board member of the related party. See Note

17,

Related Party Transactions

, for more information regarding our transactions with related parties.

Goodwill and Other Intangible Assets

. Goodwill represents the excess of the cost of a business combination over the fair value of the net assets acquired. Goodwill and intangible assets deemed to have indefinite lives are

not

amortized, but are subject to impairment tests on an annual basis, or whenever events or changes in circumstances indicate that the carrying value

may

not

be recoverable. Goodwill is allocated to the reporting unit from which it was created. A reporting unit is an operating segment or sub-segment to which goodwill is assigned when initially recorded. We review indefinite lived intangible assets annually for impairment by comparing the carrying value of those assets to their fair value.

Other intangible assets with finite lives are amortized over their estimated useful lives and are tested for impairment whenever events or changes in circumstances indicate that their carrying amounts

may

not

be recoverable.

We perform our annual goodwill and indefinite lived intangible assets impairment test as of

October

and monitor for interim triggering events on an ongoing basis. For goodwill we

first

assess qualitative factors to determine whether it is more likely than

not

that the fair value of a reporting unit is less than its carrying amount. Under authoritative guidance, we are

not

required to calculate the fair value of a reporting unit unless we determine that it is more likely than

not

that the fair value of the reporting unit is less than its carrying amount. We have the option to bypass the qualitative assessment and proceed to a quantitative impairment test.

If we elect to bypass the qualitative assessment for a reporting unit, or if after completing the assessment we determine that it is more likely than

not

that the fair value of a reporting unit is less than its carrying value, we perform a quantitative impairment test, whereby we compare the fair value of a reporting unit with its carrying amount, including goodwill. The fair value of the reporting unit is determined by estimating the future cash flows of the reporting unit to which the goodwill relates, and then discounting the future cash flows at a market-participant-derived weighted-average cost of capital (“WACC”). In determining the estimated future cash flows, we consider current and projected future levels of income based on our plans for that business; business trends, prospects and market and economic conditions; and market-participant considerations. If the fair value of a reporting unit exceeds its carrying amount, goodwill of the reporting unit is considered to

not

be impaired. If the carrying amount of the reporting unit exceeds its estimated fair value, an impairment loss is recognized in an amount equal to the excess, up to the carrying value of the goodwill.

We evaluate the recoverability of our indefinite lived intangible assets, which consist of our Utilimaster and Smeal trade names, based on estimates of future royalty payments that are avoided through our ownership of the trade names, discounted to their present value. In determining the estimated fair value of the trade names, we consider current and projected future levels of revenue based on our plans for Utilimaster and Smeal, business trends, prospects and market and economic conditions.

Significant judgments inherent in these assessments and analyses include assumptions about macroeconomic and industry conditions, appropriate sales growth rates, WACC and the amount of expected future net cash flows. The judgments and assumptions used in the estimate of fair value are generally consistent with the projections and assumptions that are used in current operating plans. Such assumptions are subject to change because of changing economic and competitive conditions. The determination of fair value is highly sensitive to differences between estimated and actual cash flows and changes in the related discount rate used to evaluate the fair value of the reporting units and trade names.

See Note

Goodwill and Intangible Assets,

for further details on our goodwill and other intangible assets.

Warranties

. Our policy is to record a provision for the estimated cost of warranty-related claims at the time of the sale, and periodically adjust the warranty liability to reflect actual experience. The amount of warranty liability accrued reflects management’s best estimate of the expected future cost of honoring our obligations under the warranty agreements. Expense related to warranty liabilities accrued for product sales, as well as adjustments to pre-existing warranty liabilities, are reflected within Cost of products sold on our Consolidated Statements of Operations. Our estimates are based on historical experience, the number of units involved and the extent of features and components included in product models. See Note

10,

Commitments and Contingent Liabilities

, for further information regarding warranties.

Deposits from Customers

. We sometimes receive advance payments from customers for product orders and record these amounts as liabilities. We accept such deposits when presented by customers seeking improved pricing in connection with orders that are placed for products to be manufactured and sold at a future date. Revenue associated with these deposits is recognized over time based on the inputs completed for a given performance obligation during the reporting period or deferred and recognized upon shipment of the related product to the customer depending on the terms of the contract.

Research and Development

. Our research and development costs, which consist of compensation costs, travel and entertainment, administrative expenses and new product development among other items, are expensed as incurred.

Taxes on Income

. We recognize deferred income tax assets and liabilities using enacted tax rates for the effect of temporary differences between the book and tax bases of recorded assets and liabilities. Deferred tax liabilities generally represent tax expense recognized for which payment has been deferred, or expenses which have been deducted in our tax returns but which have

not

yet been recognized as an expense in our financial statements.

We establish valuation allowances for deferred income tax assets in accordance with GAAP, which provides that such valuation allowances shall be established unless realization of the income tax benefits is more likely than

not.

The ultimate realization of deferred tax assets is dependent upon the generation of future taxable income during the periods in which those temporary differences become deductible. At each reporting period, we consider the scheduled reversal of deferred tax liabilities, available taxes in carryback periods, tax planning strategies and projected future taxable income in making this assessment.

We recognize the tax benefit from an uncertain tax position only if it is more likely than

not

that the tax position will be sustained on examination by the taxing authorities. The determination is based on the technical merits of the position and presumes that each uncertain tax position will be examined by the relevant taxing authority that has full knowledge of all relevant information. Although we believe the estimates are reasonable,

assurance can be given that the final outcome of these matters will

not

be different than what is reflected in the historical income tax provisions and accruals.

Interest and penalties attributable to income taxes are recorded as a component of income taxes.

See Note

Taxes on Income

, for further details on our income taxes.

Earnings Per Share

. Basic earnings per share is based on the weighted average number of common shares, share equivalents of stock appreciation rights (“SAR”s) and participating securities outstanding during the period. Diluted earnings per share also include the dilutive effect of additional potential common shares issuable from stock options and are determined using the treasury stock method. Basic earnings per share represents net earnings divided by basic weighted average number of common shares outstanding during the period, including the average dilutive effect of our SARs outstanding during the period determined using the treasury stock method. Diluted earnings per share represents net earnings divided by diluted weighted average number of common shares outstanding, which includes the average dilutive effect of our stock options outstanding during the period. Our unvested stock awards are included in the number of shares outstanding for both basic and diluted earnings per share calculations, unless a net loss is reported, in which situation unvested stock awards are excluded from the number of shares outstanding for both basic and diluted earnings per share calculations. See Note

15,

Earnings Per Share,

for further details.

Stock Incentive Plans

. Share based payment compensation costs for equity-based awards is measured on the grant date based on the estimated fair value of the award at that date, and is recognized over the requisite service period, net of estimated forfeitures. Fair value of stock option and stock appreciation rights awards are estimated using a closed option valuation (Black-Scholes) model. Fair value of restricted stock awards is based upon the quoted market price of the common stock on the date of grant. Our incentive stock plans are described in more detail in Note

13,

Stock Based Compensation

Fair Value

. We are required to disclose the estimated fair value of our financial instruments. The carrying value at

December

31,

2018

and

2017

of cash and cash equivalents, accounts receivable and accounts payable approximate their fair value due to their short-term nature. The carrying value of variable rate debt instruments approximate their fair value based on their relative terms and market rates.

Segment Reporting.

We identify our reportable segments based on our management structure and the financial data utilized by the chief operating decision makers to assess segment performance and allocate resources among our operating units. We have

three

reportable segments: Fleet Vehicles and Services, Emergency Response Vehicles and Specialty Chassis and Vehicles. More detailed information about our reportable segments can be found in Note

16,

Business Segments

Supplemental Disclosures of Cash Flow Information.

Cash paid for interest was

$630,

$619

and

$309

for

2018,

2017

and

2016.

Cash paid (received) for income taxes, net of refunds, was

$5,054,

and

$2,232

for

2018,

2017

and

2016.

Non-cash investing in

2018

included the issuance of the Company’s capital stock in the amount of

$1,950

in conjunction with our acquisition of SRUS. Non-cash investing in

2017

included

$7,391

forgiveness of accounts receivable in conjunction with our acquisition of Smeal. See Note

for further information about these acquisitions.

New Accounting Standards

February 2017

the FASB issued Accounting Standards Update

No.

2017

05,

Other Income-Gains and Losses from the Derecognition of Nonfinancial Assets (Subtopic

610

)

(“ASU

2017

05”

). ASU

2017

is intended to provide guidance for when gains and losses on nonfinancial assets should be applied to a financial asset by defining the term “nonfinancial asset”. ASU

2017

became effective for us beginning in the

first

quarter of

2018.

The adoption of the provisions of ASU

2017

did

not

have an impact on our consolidated financial position, results of operations or cash flows.

June 2016,

the FASB issued Accounting Standards Update

2016

13,

Financial Instruments-Credit Losses: Measurement of Credit Losses on Financial Instruments

(“ASU

2016

13”

). ASU

2016

is intended to introduce a revised approach to the recognition and measurement of credit losses, emphasizing an updated model based on expected losses rather than incurred losses. The provisions of this standard are effective for reporting periods beginning after

December 15, 2019

and early adoption is permitted. The adoption of the provisions of ASU

2016

are

not

expected to have a material impact on our consolidated financial position, results of operations or cash flows.

February 2016,

the FASB issued Accounting Standards Update

No.

2016

02,

Leases

(“ASU

2016

02”

). The new standard establishes a right-of-use (“ROU”) model that requires a lessee to record a ROU asset and a lease liability on the balance sheet for all leases with terms longer than

months. Leases will be classified as either finance or operating, with classification affecting the pattern of expense recognition in the income statement. The new standard is effective for fiscal years beginning after

December 15, 2018,

including interim periods within those fiscal years. A modified retrospective transition approach is required for lessees for capital and operating leases existing at, or entered into after, the beginning of the earliest comparative period presented in the financial statements, with certain practical expedients available.

We substantially completed our assessment of the impacts of the new lease standard during the

fourth

quarter. We have determined that the adoption of ASU

2016

will result in recognizing right of use assets and liabilities on the consolidated statement of financial position for leases currently classified as operating leases. We expect to utilize the following practical expedients:

●

ASC

842

to elect

not

to separate non-lease components from lease components and instead will account for each separate lease component and any non-lease components associated with a lease component as a single lease component for all leases except for leases of land and buildings;

●

ASC

842

(c)(

) to retrospectively record the right of use assets and lease liabilities as of

January 1, 2019

with any cumulative effect of the initial application recorded to retained earnings;

●

ASC

842

(f) package of practical expedients to

not

reassess whether any expired or existing contracts are or contain leases,

not

reassess the lease classification for any expired or existing leases, and

not

reassess initial direct costs for any existing leases; and

	●	ASC 842 - 10 - 65 - 1 (g) to use hindsight in determining the lease term (that is, when considering lessee options to extend or terminate the lease and to purchase the underlying asset) and in assessing impairment of the company’s right-of-use assets.
	●	ASC 842 - 20 - 25 - 2 to exclude short-term leases from the balance sheet.

We expect that the disclosures in the notes to our consolidated financial statements related to leases will be significantly expanded under the new standard, specifically:

●

ASC

842

general disclosures about the Company’s leases, the significant judgments made in applying the requirements in this standard to those leases, and the amounts recognized in the consolidated financial statements relating to those leases.

●

ASC

842

requiring a general description of the leases, the existence and terms and conditions of options to extend or terminate the lease including narrative disclosure about the options that are recognized as part of its right-of-use assets and lease liabilities and those that are

not,

information about leases that have

not

yet commenced but that create significant rights and obligations for the company, significant assumptions and judgments made in determining whether a contract contains a lease, the allocation of the consideration in a contract between lease and non-lease components and the determination of discount rates for leases.

●

ASC

842

requiring the disclosure for each period presented in the consolidated financial statements relating to the Company’s total lease cost, which includes both amounts recognized in profit or loss during the period and any amounts capitalized as part of the cost of another asset and the cash flows arising from lease transactions for finance leasing cost, segregated between the amortization of the right-of-use assets and interest on the lease liabilities; operating lease costs; and short-term lease costs; amounts segregated between those for finance and operating leases for cash paid for amounts included in the measurement of lease liabilities, segregated between operating and financing cash flows, supplemental noncash information on lease liabilities arising from obtaining right-of-use assets, the weighted-average remaining lease term and the weighted-average discount rate.

●

ASC

842

requires a maturity analysis of the Company’s finance lease and operating lease liabilities, separately, showing the undiscounted cash flows on an annual basis for each of the

first

five

years and a total amount for the remaining years.

●

ASC

842

requires the Company to disclose the fact that it elected to exclude short term leases from the balance sheet and disclose the amount of short term lease commitments if the lease expense for the period does

not

reasonably reflect the entity’s short term lease commitments.

●

ASC

842

requires the Company to disclose their election of the practical expedient to

not

separate lease components from non-lease components and indicate which class of assets it has elected to apply the practical expedient.

It is expected that certain other provisions of ASC

842

not

mentioned above will

not

significantly impact the Company.

We will adopt ASU

2016

as of

January 1, 2019

using the modified retrospective approach. As a result, in the

first

quarter of

2019

we expect to record right of use assets for operating leases of approximately

$13,600

and for financing leases of approximately

$700.

The decrease to retained earnings is expected to be approximately

$200,

reflecting the cumulative impact of the accounting change.

We are unable to precisely quantify the impact to expenses for future periods since expenses recognized in those periods will depend on the actual leasing levels in those periods, but we do

not

expect those expenses from recognizing right of use assets and lease liabilities to change significantly.

May 2014,

the FASB issued Accounting Standards Update

2014

09,

Revenue from Contracts with Customers

(“ASU

2014

09”

or “ASC

606”

). Subsequently the FASB provided additional guidance to clarify certain aspects of the standard in Accounting Standards Updates

No.

2016

, Revenue from Contracts with Customers (ASU

2014

), Principal versus Agent Considerations (Reporting Revenue Gross versus Net)

;

No.

2016

10,

Revenue from Contracts with Customers (ASU

2014

), Identifying Performance Obligations and Licensing

; and

No.

2016

12,

Revenue from Contracts with Customers (ASU

2014

), Narrow-Scope Improvements and Practical Expedients

. ASU

2014

09,

as amended, is based on the principle that revenue should be recognized to depict the transfer of goods or services to customers in an amount that reflects the consideration to which the entity expects to be entitled in exchange for those goods or services. The new standard also requires additional disclosure about the nature, amount, timing and uncertainty of revenue and cash flows arising from customer contracts, including significant judgments and changes in judgments and assets recognized from costs incurred to obtain or fulfill a contract. ASU

2014

is effective for annual reporting periods beginning after

December 15, 2017,

including interim periods within that reporting period, and

may

be applied retrospectively to each prior period presented or retrospectively with the cumulative effect recognized as of the date of initial application. We adopted ASU

2014

as of

January 1, 2018

using the modified retrospective approach. See the

“Adoption of Revenue Recognition Accounting Policy”

section below for a description of the impact of the adoption of the provisions of ASU

2014

on our consolidated financial position, results of operations and cash flows.

March 2016,

the FASB issued Accounting Standards Update

No.

2016

08,

Revenue from Contracts with Customers (ASU

2014

), Principal versus Agent Considerations (Reporting Revenue Gross versus Net)

(“ASU

2016

08”

). ASU

2016

clarifies the implementation guidance for principal-versus-agent considerations in the revenue recognition standard. A principal-versus-agent consideration applies to sales that involve

two

or more suppliers to a customer. Each participant in the sale must determine whether they control the good or service and are entitled to the gross amount of the transaction or are acting as an agent and should collect only a fee or commission for arranging the sale. ASU

2016

will go into effect when the revenue standard issued in ASU

2014

becomes effective. We adopted ASU

2014

as of

January 1, 2018

using the modified retrospective approach. See the

“Adoption of Revenue Recognition Accounting Policy”

section below for a description of the impact of the adoption of the provisions of ASU

2014

on our consolidated financial position, results of operations and cash flows.

April 2016,

the FASB issued Accounting Standards Update

No.

2016

10,

Revenue from Contracts with Customers (ASU

2014

), Identifying Performance Obligations and Licensing

(“ASU

2016

10”

). ASU

2016

clarifies the implementation guidance in ASU

2014

for identifying performance obligations and determining when to recognize revenue on licensing agreements for intellectual property. ASU

2016

removes the requirement to assess whether promised goods or services are performance obligations if they are immaterial to the contract with the customer and allows an entity to elect to account for shipping and handling activities that occur after the customer has obtained control of a good as an activity to fulfill the promise to transfer the good rather than as an additional promised service. ASU

2016

also includes implementation guidance on determining whether a license granted by an entity provides a customer with a right to use the intellectual property, which is satisfied at a point in time, or a right to access the intellectual property, which is satisfied over time. ASU

2016

will go into effect when the revenue standard issued in ASU

2014

becomes effective. We adopted ASU

2014

as of

January 1, 2018

using the modified retrospective approach. See the

“Adoption of Revenue Recognition Accounting Policy”

section below for a description of the impact of the adoption of the provisions of ASU

2014

on our consolidated financial position, results of operations and cash flows.

May 2016,

the FASB issued Accounting Standards Update

No.

2016

12,

Revenue from Contracts with Customers (ASU

2014

), Narrow-Scope Improvements and Practical Expedients

(“ASU

2016

12”

). ASU

2016

clarifies the implementation guidance on assessing collectability, presentation of sales taxes, non-cash consideration and completed contracts and contract modifications at transition. ASU

2016

will go into effect when the revenue standard issued in ASU

2014

becomes effective. We adopted ASU

2014

as of

January 1, 2018

using the modified retrospective approach. See the

“Adoption of Revenue Recognition Accounting Policy”

section below for a description of the impact of the adoption of the provisions of ASU

2014

on our consolidated financial position, results of operations and cash flows.

Adoption of Revenue Recognition Accounting Policy

Except for the changes below, we have consistently applied the accounting policies to all periods presented in these consolidated financial statements. We adopted ASC

606

with a date of initial application of

January 1, 2018.

As a result, we changed our accounting policy for revenue recognition as detailed above under the "Revenue Recognition" section.

We applied ASC

606

using the cumulative effect method to all contracts

not

completed at the date of initial application by recognizing the cumulative effect of initially applying ASC

606

as an adjustment to the opening balance of retained earnings at

January 1, 2018.

Therefore, the comparative information has

not

been adjusted and continues to be reported under prior revenue recognition guidance.

The tables below present the impacts of our adoption of the new revenue standard on our income statement and balance sheet.

	Three Months Ended December 31, 2018
	As Reported			Balances Without Adoption of ASC 606		Effect of Change Higher/(Lower)
Income Statement
Sales	$	232,961		$	240,182	$	(7,221	)
Cost of products sold		209,150			215,145		(5,995	)
Taxes (benefit)		(266	)		35		(301	)
Net income		1,833			2,759		(92 6	)

	Year Ended December 31, 2018
	As Reported		Balances Without Adoption of ASC 606		Effect of Change Higher/(Lower)
Income Statement
Sales	$	816,164	$	828,988	$	(12,824	)
Cost of products sold		717,607		730,010		(12,403	)
Taxes		2,261		2,335		(74	)
Net income		15,012		15,359		(347	)

	December 31, 2018
	As Reported		Balances Without Adoption of ASC 606		Effect of Change Higher/(Lower)
Balance Sheet
Assets
Contract assets	$	34,076	$	-	$	34,076
Inventories		69,992		107,147		(37,155	)
Net deferred tax asset		7,141		8,038		(897	)

Liabilities
Deposits from customers		22,632		30,150		(7,518	)
Other current liabilities and accrued expenses		12,396		12,173		223

Equity
Retained earnings		103,571		100,250		3,321

The table below presents the cumulative effect of the changes made to our consolidated

January 1, 2018

balance sheet for the adoption of ASC

606.

	December 31, 2017		Transition adjustments			January 1, 2018
Assets
Contract assets	$	-	$	30,559		$	30,559
Inventory		77,692		(32,933	)		44,759
Net deferred tax asset		7,284		(897	)		6,387

Liabilities
Deposits from customers		25,422		(7,234	)		18,188
Other current liabilities and accrued expenses		12,071		295			12,366

Equity
Retained earnings		88,855		3,668			92,523

Contract assets and liabilities

The tables below disclose changes in contract assets and liabilities as of the periods indicated.

Contract assets
Opening balance (January 1, 2018)	$	30,559
Reclassification of the beginning contract assets to receivables, as the result of rights to consideration becoming unconditional		(30,559	)
Contract assets recognized, net of reclassification to receivables		34,076
Net change		3,517
Ending balance (December 31, 2018)	$	34,076

Contract liabilities
Opening balance (January 1, 2018)	$	18,188
Reclassification of the beginning contract liabilities to revenue, as the result of performance obligations satisfied		(15,490	)
Cash received in advance and not recognized as revenue		19,934
Net change		4,444
Ending balance (December 31, 2018)	$	22,632

The aggregate amount of the transaction price allocated to remaining performance obligations in existing contracts that are yet to be completed are expected to be recognized as revenue in the following annual time-periods:

	1-12 Months (1)		13 Months and beyond (1)		Total

Revenue expected to be recognized as of December 31, 2018:
Fleet Vehicles and Services	$	218,775	$	-	$	218,775
Emergency Response Vehicles		211,524		5,842		217,366
Specialty Chassis and Vehicles		37,691		32		37,723
Total	$	467,990	$	5,874	$	473,864

(

)

Revenue above includes amounts related to extended warranties and roadside assistance contracts of

$190

and

$35

for

one

months and

$650

and

$32

for

months and beyond, respectively.

For performance obligations that are satisfied over time, revenue is expected to be recognized evenly over the time period to complete the contract due to the assembly line nature of the business operations. For performance obligations that are satisfied at a point in time, revenue is expected to be recognized when the customer obtains control of the product, which is generally upon shipment from our facility.

amounts have been excluded from the transaction prices above related to the guidance on constraining estimates of variable consideration.

In the following tables, revenue is disaggregated by primary geographical market and timing of revenue recognition for the

twelve

months ended

December 31, 2018.

The tables also include a reconciliation of the disaggregated revenue with the reportable segments.

	Year Ended December 31, 2018
	Fleet Vehicles and Services		Emergency Response Vehicles		Specialty Chassis and Vehicles		Total Reportable Segments		Other			Total
Primary geographical markets
United States	$	367,730	$	207,254	$	191,814	$	766,798	$	(10,221	)	$	756,577
Other		19,819		38,383		1,385		59,587		-			59,587
Total sales	$	387,549	$	245,637	$	193,199	$	826,385	$	(10,221	)	$	816,164

Timing of revenue recognition
Products transferred at a point in time	$	113,576	$	21,183	$	160,408	$	295,167	$	-		$	295,167
Products and services transferred over time		273,973		224,454		32,791		531,218		(10,221	)		520,997
Total sales	$	387,549	$	245,637	$	193,199	$	826,385	$	(10,221	)	$	816,164

	Year Ended December 31, 2017
	Fleet Vehicles and Services		Emergency Response Vehicles		Specialty Chassis and Vehicles		Total Reportable Segments		Other			Total
Primary geographical markets
United States	$	238,267	$	235,085	$	158,246	$	631,598	$	(5,657	)	$	625,941
Other		12,828		67,765		564		81,157		-			81,157
Total sales	$	251,095	$	302,850	$	158,810	$	712,755	$	(5,657	)	$	707,098

Timing of revenue recognition
Products transferred at a point in time	$	251,095	$	302,850	$	158,810	$	712,755	$	(5,657	)	$	707,098
Products and services transferred over time		-		-		-		-		-			-
Total sales	$	251,095	$	302,850	$	158,810	$	712,755	$	(5,657	)	$	707,098

	Year Ended December 31, 2016
	Fleet Vehicles and Services		Emergency Response Vehicles		Specialty Chassis and Vehicles		Total Reportable Segments		Other			Total
Primary geographical markets
United States	$	272,389	$	158,195	$	134,125	$	564,408	$	(5,347	)	$	559,061
Other		6,301		24,786		629		31,716		-			31,716
Total sales	$	278,389	$	182,981	$	134,754	$	596,124	$	(5,347	)	$	590,777

Timing of revenue recognition
Products transferred at a point in time	$	278,389	$	182,981	$	134,754	$	596,124	$	(5,347	)	$	590,777
Products and services transferred over time		-		-		-		-		-			-
Total sales	$	278,389	$	182,981	$	134,754	$	596,124	$	(5,347	)	$	590,777

Note 2 - Acquisition Activities

12 Months Ended

Dec. 31, 2018

Business Combination Disclosure [Text Block]

NOTE

– ACQUISITION ACTIVITIES

2018

Acquisition

December 17, 2018,

the Company acquired the assets and assumed certain liabilities of Strobes-R-Us, Inc. (“SRUS”), a premier provider of up-fit services for government and non-government vehicles. The acquisition will enable the Company to increase its product offerings to both fleet and emergency response customers, while further expanding its manufacturing capabilities into the southeastern U.S. market. As part of this acquisition, Spartan acquired Strobes-R-Us’ state-of-the-art up-fit facility and product showroom in Pompano Beach, Florida.

Purchase Price Allocation

The total purchase price paid for our acquisition of SRUS was

$9,982,

subject to a net working capital adjustment. The consideration paid consisted of

$5,200

in cash, Company stock valued at

$1,950,

plus a

$2,832

contingency for performance-based earn-out payments. The price paid pursuant to the purchase agreement was the subject of arm's length negotiation between SRUS and us.

This acquisition was accounted for using the purchase method of accounting with the purchase price allocated to the assets purchased and liabilities assumed based upon their estimated fair values at the date of acquisition. The excess of the purchase price over the estimated fair values of the net tangible and intangible assets acquired of

$6,406

was recorded as goodwill. Since the acquisition was just finalized on

December 17, 2018,

the valuation of goodwill, other intangible assets and tax accounting are

not

complete. Due to the complexities involved in purchase accounting, ASC

805,

Business Combinations allows for a

one

-year adjustment period.

The initial allocation of purchase price to assets acquired and liabilities assumed was as follows:

Accounts receivable	$	1,165
Inventory		893
Other current assets		3
Property, plant and equipment		1,942
Goodwill		6,406
Total assets acquired		10,409

Accounts payable		382
Other current liabilities		45
Total liabilities assumed		427

Total purchase price	$	9,982

Contingent Consideration

Pursuant to the purchase agreement, the former owners of SRUS

may

receive additional consideration through

2021

in the form of certain performance-based earn-out payments, up to an aggregate maximum of

$3,250.

The purchase agreement specifies annual payments for each calendar year beginning in

2019

through and including

2021

as a percentage of and contingent upon EBITDA for that calendar year exceeding predetermined thresholds. In accordance with accounting guidance for business combinations, at the date of sale the Company recorded a contingent liability of

$2,832

for the value of the future consideration based upon its best estimate of the likelihood of the payments, discounted to its present value using a discount rate of

4.7%.

2017

Acquisition

January 1, 2017,

we completed the acquisition of substantially all of the assets and assumed certain liabilities of Smeal pursuant to an Asset Purchase Agreement dated

December 12, 2016.

This acquisition brings significant scale to our Emergency Response Vehicles segment, expands the geographic reach of our dealer network and adds complementary products to our existing emergency response product portfolio.

Purchase Price Allocation

The total purchase price paid for our acquisition of Smeal was

$41,513,

subject to a net working capital adjustment and the tax gross-up payment described below. The consideration paid consisted of

$28,903

in cash, net of cash acquired of

$3,825,

and the forgiveness of certain liabilities owed by the former owners of Smeal to the Company in the amount of

$7,391.

Pursuant to the purchase agreement, the sellers received additional consideration in the form of a tax gross-up payment in the amount of

$701,

which was paid in the

second

quarter of

2018.

The consideration paid was subject to certain post-closing adjustments, including a net working capital adjustment that was finalized in the

first

quarter of

2018.

Smeal has been a significant chassis customer of Spartan USA. The price paid pursuant to the purchase agreement was the subject of arm's length negotiation between Smeal and us.

This acquisition was accounted for using the purchase method of accounting with the purchase price allocated to the assets purchased and liabilities assumed based upon their estimated fair values at the date of acquisition. Identifiable intangible assets included trade-names and certain non-patented technology. The excess of the purchase price over the estimated fair values of the net tangible and intangible assets acquired of

$11,456

was recorded as goodwill. During

2017,

we made certain adjustments to our purchase price allocation to adjust inventory, other current assets, accrued warranty and other liabilities, which resulted in a

$1,787

increase in goodwill.

The allocation of purchase price to assets acquired and liabilities assumed was as follows:

Cash	$	3,825
Accounts receivable		6,523
Inventory		61,716
Other current assets		662
Property, plant and equipment		5,773
Intangible assets		3,900
Goodwill		11,456
Total assets acquired		93,855

Accounts payable		3,941
Customer prepayments		42,929
Accrued warranty		3,689
Other liabilities		1,783
Total liabilities assumed		52,342

Total purchase price	$	41,513

Contingent Consideration

Pursuant to the purchase agreement, the former owners of Smeal received additional consideration in the form of a tax gross-up payment to cover certain state and federal tax liabilities for the tax year ending

December 31, 2017

that resulted from the transaction. The payment was

$701

and was made in the

second

quarter of

2018.

Goodwill Assigned

The acquisition resulted in the recognition of

$11,456

of goodwill, which is deductible for tax purposes.

Goodwill consists of synergies resulting from the acquisition and the estimated value of the workforce employed. Key areas of cost savings included an expanded dealer network; complementary product portfolios; manufacturing and supply chain work process improvements; and the elimination of redundant corporate overhead.

Note 4 - Restructuring Charges

12 Months Ended

Dec. 31, 2018

Restructuring and Related Activities Disclosure [Text Block]

NOTE

– RESTRUCTURING CHARGES

During

2018,

we incurred restructuring charges related to a company-wide initiative to streamline operations and consolidate our Delavan, Wisconsin production into our Brandon, South Dakota operations

During

2017,

we incurred restructuring charges related to a company-wide initiative to streamline operations and integrate our Smeal acquisition.

Restructuring charges included in our Consolidated Statements of Operations for the years ended

December 31, 2018

and

2017,

broken down by segment, are as follows:

	December 31, 2018
	Fleet Vehicles and Services		Emergency Response Vehicles		Specialty Chassis and Vehicles		Other		Total
Cost of products sold
Accrual for severance	$	-	$	15	$	16	$	-	$	31
Production relocation		-		271		-		-		271


General and Administrative
Accrual for severance		-		497		164		486		1,147
Production relocation		-		282		-		-		282
Total General and Administrative		-		779		164		486		1,429
Total restructuring	$	-	$	1,065	$	180	$	486	$	1,731

	December 31, 2017
	Fleet Vehicles and Services		Emergency Response Vehicles		Specialty Chassis and Vehicles		Other		Total
Cost of products sold
Accrual for severance	$	97	$	43	$	30	$	-	$	170
Production relocation		-		38		-		-		38

General and Administrative
Accrual for severance		547		367		79		51		1,044
Total restructuring	$	644	$	448	$	109	$	51	$	1,252

During

2016,

we incurred restructuring charges related to the relocation of our Ocala, Florida manufacturing operations to our Charlotte, Michigan and Brandon, South Dakota facilities, along with efforts undertaken to upgrade production processes at our Brandon, South Dakota and Ephrata, Pennsylvania locations.

Restructuring charges included in our Consolidated Statements of Operations for the year ended

December 31, 2016,

which were all related to our Emergency Response Vehicles segment, are as follows:

	December 31, 2016
Cost of products sold
Production relocation/equipment impairment	$	136
Accrual for severance		-
Total cost of products sold		136

General and Administrative
Manufacturing process reengineering		959
Accrual for severance		-
Total general and administrative		959
Total restructuring	$	1,095

The following table provides a summary of the compensation related charges incurred during the year ended

December 31, 2018

as part of our restructuring initiatives, along with the related outstanding balances to be paid in relation to those expenses, which is reflected within Accrued compensation and related taxes on our Consolidated Balance Sheets.

	Severance 2018			Severance 2017
Balance January 1,	$	12		$	-
Accrual for severance		19			643
Payments and adjustments made in period		(27	)		(201	)
Balance March 31,		4			442
Accrual for severance		797			325
Payments and adjustments made in period		(4	)		(540	)
Balance June 30,		797			227
Accrual for severance		356			232
Payments and adjustments made in period		(559	)		(366	)
Balance September 30,		594			93
Accrual for severance		6			14
Payments and adjustments made in period		(309	)		(95	)
Balance December 31,	$	291		$	12

There were

compensation related charges incurred during the year ended

December 31, 2016.

Note 5 - Goodwill and Intangible Assets

12 Months Ended

Dec. 31, 2018

Goodwill and Intangible Assets Disclosure [Text Block]

NOTE

– GOODWILL AND INTANGIBLE ASSETS

Goodwill

We test goodwill for impairment at the reporting unit level on an annual basis as of

October 1,

or whenever an event or change in circumstances occurs that would more likely than

not

reduce the fair value of a reporting unit below its carrying amount. See “Goodwill and Other Intangible Assets” within Note

General and Summary of Accounting Policies

for a description of our accounting policies regarding goodwill and other intangible assets.

As described in Note

Acquisition Activities,

we acquired substantially all of the assets and related liabilities of SRUS on

December 17, 2018.

The difference between the consideration paid and the acquisition-date fair value of the identifiable assets acquired and liabilities assumed was recognized as goodwill, as disclosed in the table below in the Fleet Vehicles and Services segment.

We also acquired substantially all of the assets and related liabilities of Smeal on

January 1, 2017.

October 1, 2018,

since there was

triggering event necessitating an earlier evaluation.

During the

second

quarter of

2017,

operations related to the manufacturing of our Reach delivery vehicle were reassigned to our Specialty Chassis and Vehicles segment from our Fleet Vehicles and Services segment to reflect the information and reports that our chief operating decision makers use to allocate resources to and assess the performance of our operating segments. As a result, a portion of the goodwill in the amount of

$638

assigned to our Fleet Vehicles and Services segment was reassigned to our Specialty Chassis and Vehicles segment using a relative fair value approach.

December 31, 2018

and

2017,

we had recorded goodwill at our Fleet Vehicles and Services, Emergency Response Vehicles and Specialty Chassis and Vehicles reportable segments. The Fleet Vehicles and Services and Emergency Response Vehicles reportable segments were determined to be reporting units for goodwill impairment testing, while the reporting unit for the goodwill recorded in the Specialty Chassis and Vehicles segment was determined to be limited to the Reach Manufacturing component of that reportable segment. The goodwill recorded in these reporting units was evaluated for impairment as of

October

2018

and

2017

using a discounted cash flow valuation.

The estimated fair values of our Fleet Vehicles and Services, Emergency Response Vehicles and Reach reporting units exceeded their carrying value by approximately

184%,

36%

and

378%,

respectively at

October 1, 2018,

indicating that the goodwill was

not

impaired. Based on the discounted cash flow valuations at

October 1, 2018,

an increase in the weighted average cost of capital (“WACC”) used for these reporting units of

400

basis points would

not

result in impairment. As discussed in Note

General and Summary of Accounting Policies

, there are significant judgments inherent in our impairment assessments and discounted cash flow analyses. These discounted cash flow analyses are most sensitive to the WACC assumption.

Our goodwill by reportable segment is as follows:

	Fleet Vehicles and Services					Emergency Response Vehicles				Specialty Vehicles and Chassis				Total
	December 31,					December 31,				December 31,				December 31,
	2018		2017			2018		2017		2018		2017		2018		2017
Goodwill, beginning of year	$	15,323	$	15,961		$	11,456	$	-	$	638	$	-	$	27,417	$	15,961
Acquisition of Smeal		-		-			-		11,456		-		-		-		11,456
Acquisition of Strobes-R-Us		6,406		-			-		-		-		-		6,406		-
Reassignment of goodwill		-		(638	)		-		-		-		638		-		-
Goodwill, end of year	$	21,729	$	15,323		$	11,456	$	11,456	$	638	$	638	$	33,823	$	27,417

SPARTAN MOTORS, INC. AND SUBSIDIARIES

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS

(Dollar amounts in thousands, except per share data)

Other Intangible Assets

Fleet Vehicles and Services segment intangible assets

December 31, 2018,

we had other intangible assets associated with our Fleet Vehicles and Services segment, including customer and dealer relationships, non-compete agreements, an acquired product development project and a trade name. The non-compete agreement, acquired product development project and certain other intangible assets are being amortized over their expected remaining useful lives based on the pattern of estimated after-tax operating income generated, or on a straight-line basis. Our Utilimaster trade name has an indefinite life, and is

not

amortized. We test our trade name for impairment at least annually, and test other intangible assets for impairment if impairment indicators are present.

We tested our Utilimaster trade name for impairment, as of

October 1, 2018,

by estimating the fair value of the trade name based on estimates of future royalty payments that are avoided through our ownership of the trade name, discounted to their present value. The estimated fair value of our Utilimaster trade name at

October 1, 2018

exceeded its carrying cost by

1,758%.

Accordingly, there was

impairment recorded on this trade name. Based on the discounted cash flow valuation at

October 1, 2018,

an increase in the WACC used for this impairment analysis of

1000

basis points would

not

result in impairment of the trade name.

Emergency Response Vehicles segment intangible assets

With the acquisition of Smeal, we acquired other intangible assets besides goodwill. We recorded

$3,900

in intangible assets from the acquisition. The intangible assets consist of unpatented technology and various trade names. The unpatented technology will be amortized using the straight-line method over its estimated remaining useful life of

years, consistent with the pattern of economic benefits estimated to be received. The trade names are considered to have indefinite lives, and as such will

not

be amortized but will be tested for impairment annually or if events or changes in circumstances indicate that it is more likely than

not

that the trade names are impaired.

We tested our Smeal trade name for impairment, as of

October 1, 2018,

October 1, 2018

exceeded its carrying cost by

269%.

Accordingly, there was

impairment recorded on this trade name. Based on the discounted cash flow valuation at

October 1, 2018,

an increase in the WACC used for this impairment analysis of

1000

basis points would

not

result in impairment of the trade name.

The following table provides information regarding our other intangible assets:

	As of December 31, 2018						As of December 31, 2017
	Gross carrying amount		Accumulated amortization		Net		Gross carrying amount		Accumulated amortization		Net
Customer and dealer relationships	$	6,170	$	4,029	$	2,141	$	6,170	$	3,709	$	2,461
Acquired product development project		1,860		1,860		-		1,860		1,514		346
Unpatented technology		1,500		300		1,200		1,500		150		1,350
Non-compete agreements		400		400		-		400		400		-
Backlog		320		320		-		320		320		-
Trade Names		5,270		-		5,270		5,270		-		5,270
	$	15,520	$	6,909	$	8,611	$	15,520	$	6,093	$	9,427

We recorded

$816,

$858

and

$708

of intangible asset amortization expense during

2018,

2017

and

2016.

SPARTAN MOTORS, INC. AND SUBSIDIARIES

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS

(Dollar amounts in thousands, except per share data)

The estimated remaining amortization associated with finite-lived intangible assets is expected to be expensed as follows:

	Amount
2019	$	449
2020		423
2021		399
2022		377
2023		357
Thereafter		1,336
Total	$	3,341

Note 6 - Property, Plant and Equipment

12 Months Ended

Dec. 31, 2018

Property, Plant and Equipment Disclosure [Text Block]

NOTE

- PROPERTY, PLANT AND EQUIPMENT

Property, plant and equipment are summarized by major classifications as follows:

	December 31,
	2018			2017
Land and improvements	$	8,496		$	7,754
Buildings and improvements		68,142			66,227
Plant machinery and equipment		41,652			39,800
Furniture and fixtures		24,585			22,285
Vehicles		3,084			3,063
Construction in process		5,666			1,770
Subtotal		151,625			140,899
Less accumulated depreciation		(95,058	)		(85,722	)
Total property, plant and equipment, net	$	56,567		$	55,177

We recorded depreciation expense of

$9,559,

$9,055

and

$7,195

during

2018,

2017

and

2016.

There were

capitalized interest costs in

2018

2017.

Construction in progress includes

$5,228

and

$790

December 31, 2018

and

2017

for the implementation of our ERP system. The

first

phase of implementation was completed in

2017

and sites were completed in

2018.

Additional phases of implementation are expected to go live in

2019

through

2021

with an estimated cost of completion of approximately

$16,000.

We review our long-lived assets that have finite lives for impairment whenever events or changes in circumstances indicate that their carrying amounts

may

not

be recoverable.

When reviewing long-lived assets for impairment, we group our long-lived assets with other assets and liabilities at the lowest level for which identifiable cash flows are largely independent of the cash flows of other assets and liabilities. During the year ended

Dec

ember

2016,

we determined that an asset group related to certain locations of our Emergency Response Vehicles segment

may

be impaired due to operating losses recorded in recent years, along with uncertainty regarding future financial performance at these locations. Accordingly, we conducted an impairment test on this asset group as of October

2016

by comparing the non-discounted cash flows expected to result from the use and eventual disposition of the asset group with its carrying value, resulting in a determination that the asset group was impaired.

We estimated the fair value of our tangible long-lived assets of this asset group based on assessments or recent sale prices of similar assets. Impairment charges recorded within Cost of goods sold in the Consolidated Statement of Operations to adjust the carrying cost of these long-lived tangible assets to their estimated fair value at October

2016

were

$406

for machinery and equipment.

additional charges were recorded for the years ended

December 31, 2018

and

2017.

Note 7 - Leases

12 Months Ended

Dec. 31, 2018

Leases of Lessee Disclosure [Text Block]

NOTE

- LEASES

We lease certain office equipment, computer hardware, manufacturing equipment and manufacturing and warehouse space under operating lease agreements. Building leases generally provide that we pay the cost of utilities, insurance, taxes and maintenance. Rent expense for the years ended

December

31,

2018,

2017

and

2016

was

$3,309,

$2,989

and

$3,086.

Future minimum operating lease commitments under non-cancelable leases are as follows:

Year	Future Minimum Operating Lease Payments
2019	$	3,291
2020		2,831
2021		2,193
2022		1,849
2023		1,863
Thereafter		4,149
Total	$	16,176

We lease certain office equipment, computer hardware and material handling equipment under capital lease agreements. Cost and accumulated depreciation of capitalized leased assets included in machinery and equipment are

$645

and

$504,

respectively, at

December

31,

2018.

Future minimum capital lease commitments under non-cancelable leases are as follows:

Year	Future Minimum Capital Lease Payments
2019	$	225
2020		194
2021		194
2022		133
2023		3
Thereafter		-
Total lease obligations, including imputed interest		749

Less imputed interest charges		(68	)

Total outstanding capital lease obligations	$	681

Note 8 - Taxes on Income

12 Months Ended

Dec. 31, 2018

Income Tax Disclosure [Text Block]

NOTE

- TAXES ON INCOME

Income taxes consist of the following:

	Year Ended December 31,
	2018			2017			2016
Current (credit):
Federal	$	2,037			3,809			2,203
State		912			255			563
Foreign		67		$	-		$	-
Total current		3,016			4,064			2,766
Deferred (credit):
Federal		(471	)		(1,743	)		(2,666	)
State		(284	)		(2,231	)		-
Total deferred		(755	)		(3,974	)		(2,666	)
Total taxes on income	$	2,261		$	90		$	100

The current tax expense amount in

2016

differs from the actual amount payable to the taxing authorities due to the tax impact associated with stock incentive plan transactions under the plans described in Note

13,

Stock Based Compensation

. This adjustment was an addition of

$123

2016.

These adjustments to current taxes on income were recognized as adjustments of additional paid-in capital. Commencing

January 1, 2017,

all such adjustments are recognized as current taxes on income.

December 22, 2017,

the Tax Cuts and Jobs Act (the “Tax Act”) was enacted. The Tax Act made broad and complex changes to the U.S. tax code that impacted the Company, most notably a reduction of the U.S. corporate income tax rate from

percent to

percent for tax years beginning after

December 31, 2017.

Other changes provided by the

2017

Tax Act included, but are

not

limited to, the acceleration of depreciation for certain assets placed into service after

September 27, 2017,

additional limitations on executive compensation, the repeal of the domestic manufacturing deduction and the new foreign derived intangible income deduction.

The SEC staff issued Staff Accounting Bulletin

No.

118

(“SAB

118”

), which provided guidance on accounting for the tax effects of the Tax Act. We recognized the income tax effects of the Tax Act in our

2017

financial statements in accordance with SAB

118,

in the reporting period in which the Tax Act was signed into law.

In accordance with SAB

118,

we recorded a provisional amount of

$2,963

of the deferred tax expense in connection with the re-measurement of certain deferred tax assets and liabilities as of

December 31, 2017.

2018

we completed the accounting for the effect of the

2017

Tax Act within the measurement period under the SEC guidance, and reflected a net

$373

decrease in the

2018

income tax expense.

Differences between the expected income tax expense derived from applying the federal statutory income tax rate to earnings from continuing operations before taxes on income and the actual tax expense are as follows:

	Year Ended December 31,
	2018						2017						2016
	Amount			Percentage			Amount			Percentage			Amount			Percentage

Federal income taxes at the statutory rate	$	3,627			21.00	%	$	5,609			35.00	%	$	2,959			34.00	%
State tax expense, net of federal income tax benefit		368			2.13			547			3.41			68			0.78
Increase (decrease) in income taxes resulting from:
Deferred income tax re-measurement due to Tax Act		(373	)		(2.16	)		2,963			18.49			-			-
Other deferred income tax adjustment		(46	)		(0.27	)		(241	)		(1.50	)		(51	)		(0.59	)
Non-deductible compensation		-			-			-			-			459			5.27
Other nondeductible expenses		178			1.03			156			0.97			226			2.60
Foreign derived intangible income deduction		(69	)		(0.40	)		-			-			-			-
Domestic manufacturing deduction		-			-			(504	)		(3.15	)		-			-
Stock based compensation		(1,406	)		(8.14	)		(394	)		(2.46	)		-			-
Worthless stock deduction of dissolved subsidiary		-			-			(966	)		(6.03	)		-			-
Forfeiture of state net operating loss and credit carry-forwards from dissolution of subsidiary		-			-			3,039			18.97			-			-
Foreign tax expense		67			0.39			-			-			-			-
Valuation allowance adjustment		60			0.35			(9,544	)		(59.56	)		(2,932	)		(33.69	)
Unrecognized tax benefit adjustment		401			2.32			314			1.96			129			1.48
Federal research and development tax credit		(645	)		(3.73	)		(753	)		(4.70	)		(801	)		(9.20	)
Foreign tax credit		(67	)		(0.39	)		-			-			-			-
Other		166			0.96			(136	)		(0.84	)		43			0.50
Total	$	2,261			13.09	%	$	90			0.56	%	$	100			1.15	%

Temporary differences which give rise to deferred income tax assets (liabilities) are as follows:

	December 31,
	2018			2017
Deferred income tax assets:
Warranty reserve	$	3,257		$	3,595
Inventory costs and reserves		1,801			1,792
Contract assets		1,694			-
Stock based compensation		984			1,061
Net operating loss carry-forwards, net of federal income tax benefit		723			954
Compensation related accruals		589			663
Credit carry-forwards, net of federal income tax benefit		506			317
Vendor compensation		-			507
Other		611			409
Total deferred income tax assets	$	10,165		$	9,298


Deferred income tax liabilities:
Depreciation	$	(1,479	)	$	(1,230	)
Intangible assets		(1,205	)		(574	)
Prepaid expenses		(222	)		(152	)
Total deferred income tax liabilities	$	(2,906	)	$	(1,956	)

Net deferred income tax assets	$	7,259		$	7,342
Valuation allowance		(118	)		(58	)
Net deferred tax asset	$	7,141		$	7,284

Based upon an assessment of the available positive and negative evidence at

December 31, 2018,

the net deferred tax asset is more likely than

not

to be realized based on the consideration of deferred tax liability reversals and future taxable income. The valuation allowance for net deferred income tax assets relates to the impact of the limitation on executive compensation deductibility to Stock based compensation, and a state net operating loss carryforward.

December

31,

2018

and

2017,

we had state deferred income tax assets related to state tax net operating loss carry-forwards, of

$915

and

$1,207,

which begin expiring in

2019.

Also, as of

December

31,

2018

and

2017,

we had deferred income tax assets related to state tax credit carry-forwards of

$640

and

$402,

which begin expiring in

2026.

Due to accumulated losses in a certain state jurisdiction, we had recorded valuation allowances against certain deferred income tax assets of

$20

and

$58

December 31, 2018

and

2017.

A reconciliation of the change in the unrecognized tax benefits (“UTB”) for the

three

years ended

December 31, 2018,

2017

and

2016

is as follows:

	2018			2017			2016
Balance at January 1,	$	565		$	345		$	349
Increase (decrease) related to prior year tax positions		35			168			(24	)
Increase related to current year tax positions		319			118			20
Expiration of statute		(92	)		(66	)		-
Balance at December 31,	$	827		$	565		$	345

As of

December

31,

2018,

we had an ending UTB balance of

$827

along with

$422

of interest and penalties, for a total liability of

$1,249,

with

$597

recorded as a current liability and

$652

recorded as a non-current liability based on the applicable statutes of limitations. The change in interest and penalties amounted to increases of

$143

2018,

$94

2017,

and

$133

2016,

which were reflected in Income tax expense within our Consolidated Statements of Operations.

As of

December 31, 2018,

we are

longer subject to examination by federal taxing authorities for

2014

and earlier years.

We also file tax returns in a number of states and those jurisdictions remain subject to audit in accordance with relevant state statutes. These audits can involve complex issues that

may

require an extended period of time to resolve and

may

cover multiple years. To the extent we prevail in matters for which reserves have been established, or are required to pay amounts in excess of our reserves, our effective income tax rate in a given fiscal period could be impacted. However, we do

not

expect such impacts to be material to our financial statements. An unfavorable tax settlement would require use of our cash and could result in an increase in our effective income tax rate in the period of resolution. A favorable tax settlement could result in a reduction in our effective income tax rate in the period of resolution. We do

not

expect the total amount of unrecognized tax benefits to significantly increase or decrease over the next

twelve

months.

Note 10 - Commitments and Contingent Liabilities

12 Months Ended

Dec. 31, 2018

Commitments and Contingencies Disclosure [Text Block]

NOTE

- COMMITMENTS AND CONTINGENT LIABILITIES

Under the terms of our credit agreement with our banks, we have the ability to issue letters of credit totaling

$20,000.

December

31,

2018

and

2017,

we had outstanding letters of credit totaling

$913

and

$754

related to certain emergency response vehicle contracts and our workers compensation insurance.

December

31,

2018,

we and our subsidiaries were parties, both as plaintiff and defendant, to a number of lawsuits and claims arising out of the normal course of our business. In the opinion of management, our financial position, future operating results or cash flows will

not

be materially affected by the final outcome of these legal proceedings.

Spartan-Gimaex joint venture

February 2015,

Spartan USA and Gimaex Holding, Inc. mutually agreed to begin discussions regarding the dissolution of the Spartan-Gimaex joint venture. In

June 2015,

Spartan USA and Gimaex Holding, Inc. entered into court proceedings to determine the terms of the dissolution. In

February 2017,

by agreement of the parties, the court proceeding was dismissed with prejudice and the judge entered an order to this effect as the parties agreed to seek a dissolution plan on their own.

dissolution terms have been determined as of the date of this Form

-K. Costs associated with the wind-down will be impacted by the final dissolution agreement. In accordance with accounting guidance, the costs we have accrued so far represent the low end of the range of the estimated total charges that we believe we

may

incur related to the wind-down. While we are unable to determine the final cost of the wind-down with certainty at this time, we

may

incur additional charges, depending on the final terms of the dissolution, and such charges could be material to our future operating results. There were

further wind-down charges recorded during the year ended

December 31, 2018.

Warranty Related

We provide limited warranties against assembly/construction defects for periods generally ranging from

two

years to the life of the product. These warranties generally provide for the replacement or repair of defective parts or workmanship for a specified period following the date of sale. The end users also

may

receive limited warranties from suppliers of components that are incorporated into our chassis and vehicles.

Our policy is to record a provision for the estimated cost of warranty-related claims at the time of the sale and periodically adjust the provision and liability to reflect actual experience. The amount of warranty liability accrued reflects our best estimate of the expected future cost of honoring our obligations under the warranty agreements. Historically, the cost of fulfilling our warranty obligations has principally involved replacement parts and labor for field retrofit campaigns. Our estimates are based on historical experience, the number of units involved and the extent of features and components included in product models.

Certain warranty and other related claims involve matters of dispute that ultimately are resolved by negotiation, arbitration or litigation. Material warranty issues can arise which are beyond the scope of our historical experience. We provide for any such warranty issues as they become known and are estimable. It is reasonably possible that additional warranty and other related claims could arise from disputes or other matters beyond the scope of our historical experience.

Changes in our warranty liability during the years ended

December

31,

2018

and

2017

were as follows:

	2018			2017
Balance of accrued warranty at January 1	$	18,268		$	19,334
Warranties issued during the period		7,470			7,539
Cash settlements made during the period		(10,838	)		(13,854	)
Changes in liability for pre-existing warranties during the period, including expirations		1,190			1,560
Assumed warranties outstanding at Smeal on January 1, 2017		-			3,689
Balance of accrued warranty at December 31	$	16,090		$	18,268

Note 11 - Compensation Incentive Plans	12 Months Ended
Note 11 - Compensation Incentive Plans	Dec. 31, 2018
Notes to Financial Statements
Compensation and Employee Benefit Plans [Text Block]	NOTE 11 - COMPENSATION INCENTIVE PLANS We sponsor defined contribution retirement plans which cover all associates who meet length of service and minimum age requirements. Our matching contributions vest over 5 years and were $2,286, $1,055 and $796 in 2018, 2017 and 2016. These amounts are expensed as incurred. The Spartan Motors, Inc. Incentive Compensation Plan encompasses a quarterly and an annual bonus program. The quarterly program covers certain of our full-time employees. The cash bonuses paid under the quarterly program are equal for all participants. Amounts expensed for the quarterly bonus were $2,063, $2,193 and $3,298 for 2018, 2017 and 2016. The annual bonus provides that executive officers and certain designated managers may earn cash bonuses based on our achievement of pre-defined financial and operational objectives. Amounts expensed for the annual bonus were $2,053, $4,890 and $6,470 for 2018, 2017 and 2016.

Note 12 - Debt

12 Months Ended

Dec. 31, 2018

Debt Disclosure [Text Block]

NOTE

- DEBT

Long-term debt consists of the following:

	December 31, 2018			December 31, 2017
Line of credit revolver (1):	$	25,460		$	17,800
Capital lease obligations (See Note 7 – Leases )		147			189
Total debt		25,607			17,989
Less current portion of long-term debt		(60	)		(64	)
Total long-term debt	$	25,547		$	17,925

(

)

August 8, 2018,

we entered into a Credit Agreement (the "Credit Agreement") by and among us and certain of our subsidiaries, as borrowers, Wells Fargo Bank, N.A., as administrative agent ("Wells Fargo"), and the lenders party thereto consisting of Wells Fargo, JPMorgan Chase Bank, N.A. and PNC Bank National Association (the "Lenders"). Under the Credit Agreement, we

may

borrow up to

$150,000

from the Lenders under a

five

-year secured revolving credit facility. The credit facility matures

August 8, 2023.

may

also request an increase in the facility of up to

$75,000

in the aggregate, subject to customary conditions. The credit facility is also available for the issuance of letters of credit of up to

$20,000

and swing line loans of up to

$15,000,

subject to certain limitations and restrictions. This line carries an interest rate of either (i) the highest of prime rate, the federal funds effective rate from time to time plus

0.5%,

or the

one

month adjusted LIBOR plus

1.0%;

or (ii) adjusted LIBOR plus margin based upon our ratio of debt to earnings from time to time. The applicable borrowing rate including margin was

3.8125%

(or

one

-month LIBOR plus

1.25%

) at

December 31, 2018.

The credit facility is secured by security interests in, and liens on, all assets of the borrowers, other than real property and certain other excluded assets.

December 1, 2017,

we entered into a First Amendment to the Second Amended and Restated Credit Agreement (the "First Credit Agreement") by and among us and certain of our subsidiaries, as borrowers, Wells Fargo Bank, National Association, as agent, and the lenders party thereto consisting of Wells Fargo Bank, National Association, JPMorgan Chase Bank, N.A. and PNC Bank National Association. Under the First Credit Agreement, we were able to borrow up to

$100,000

under a

three

-year unsecured revolving credit facility. The First Credit Agreement was paid off and terminated when the Credit Agreement described above was entered into on

August 8, 2018.

This line carried an interest rate of the higher of either (i) the highest of prime rate, the federal funds effective rate plus

0.5%,

or the

one

month adjusted LIBOR plus

1.00%;

or (ii) adjusted LIBOR plus margin based upon our ratio of debt to earnings from time to time.

Under the terms of our Credit Agreement we are required to maintain certain financial ratios and other financial covenants, which limited our available borrowings under our line of credit to a total of approximately

$86,410

and

$66,400

December 31, 2018

and

December 31, 2017,

respectively. The agreement also prohibits us from incurring additional indebtedness; limits certain acquisitions, investments, advances or loans; limits our ability to pay dividends in certain circumstances; and restricts substantial asset sales. At

December 31, 2018

and

December

31,

2017,

we were in compliance with all covenants in our credit agreement.

Note 13 - Stock Based Compensation

12 Months Ended

Dec. 31, 2018

Disclosure of Compensation Related Costs, Share-based Payments [Text Block]

NOTE

- STOCK BASED COMPENSATION

We have stock incentive plans covering certain employees and non-employee directors. Shares reserved for stock awards under these plans total

2,856,250.

Total shares remaining available for stock incentive grants under these plans totaled

1,755,330

December

31,

2018.

We are currently authorized to grant new stock options, restricted stock, restricted stock units, stock appreciation rights and common stock under our Stock Incentive Plan of

2016.

Stock Options and Stock Appreciation Rights.

Granted options and Stock Appreciation Rights (SARs) are generally exercisable for a period of

years from the grant date. The exercise price for all options and the base price for all SARs granted have been equal to the market price at the date of grant. Dividends are

not

paid on unexercised options or SARs. SARs have historically been settled with shares of common stock upon exercise.

We receive a tax deduction for certain stock option exercises during the period the options are exercised, generally for the excess of the fair value of the stock on the date of exercise over the exercise price of the options. As required, we report any excess tax benefits in our Consolidated Statement of Cash Flows as operating cash flows. Excess tax benefits derive from the difference between the tax deduction and the fair market value of the option as determined by the Black-Scholes valuation model.

options were granted or exercised in

2018,

2017

2016,

and there was

related compensation expense nor income tax benefit recognized in the corresponding income statements. We have had

outstanding options since

December 31, 2015.

SARs were granted in

2018,

2017

2016,

and there was

related compensation expense nor income tax benefit recognized in the corresponding income statements. We have had

outstanding SARs since

December 31, 2017.

The total intrinsic value of SARs exercised during the years ended

December

31,

2018,

2017

and

2016

was

$0,

$305

and

$14.

Restricted Stock Awards.

We issue restricted stock, at

cash cost, to our directors, officers and key employees. Shares awarded entitle the shareholder to all rights of common stock ownership except that the shares are subject to the risk of forfeiture and

may

not

be sold, transferred, pledged, exchanged or otherwise disposed of during the vesting period, which is generally

three

five

years. The unearned stock-based compensation related to restricted stock awards, using the market price on the date of grant, is being amortized to compensation expense over the applicable vesting periods. Cash dividends are paid on unvested restricted stock grants and all such dividends vest immediately.

We receive an excess tax benefit or liability during the period the restricted shares vest. The excess tax benefit (liability) is determined by the excess (shortfall) of the market price of the stock on date of vesting over (under) the grant date market price used to amortize the awards to compensation expense. As required, any excess tax benefits or liabilities are reported in the Consolidated Statements of Cash Flows as operating cash flows.

Restricted stock activity for the year ended

December

31,

2018,

is as follows:

	Total Number of Non-vested Shares (000)			Weighted Average Grant Date Fair Value		Weighted Average Remaining Vesting Life (Years)
Non-vested shares outstanding at December 31, 2017		1,128		$	6.53
Granted		593			9.96
Vested		(629	)		10.14
Forfeited		(115	)		6.86
Non-vested shares outstanding at December 31, 2018		977			7.97		1.11

The weighted-average grant date fair value of non-vested shares granted was

$9.96,

$7.65

and

$4.01

for the years ended

December

31,

2018,

2017

and

2016.

During

2018,

2017

and

2016,

we recorded compensation expense, net of cancellations, of

$4,027,

$3,536

and

$1,536,

related to restricted stock awards and direct stock grants. The total income tax benefit recognized in the Consolidated Statements of Operations related to restricted stock awards was

$846,

$1,238

and

$538

for

2018,

2017

and

2016.

For the years ended

December 31, 2018,

2017

and

2016,

restricted shares vested with a fair market value of

$4,318,

$1,356

and

$1,248.

When the fair value of restricted shares is lower on the date of vesting than that previously expensed for book purposes, an excess tax liability is booked. As of

December

31,

2018,

we had unearned stock-based compensation of

$5,119

associated with these restricted stock grants, which will be recognized over a weighted average of

1.11

years.

Employee Stock Purchase Plan.

We instituted an employee stock purchase plan (“ESPP”) beginning on

October 1, 2011

whereby essentially all employees who meet certain service requirements can purchase our common stock on quarterly offering dates at

% of the fair market value of the shares on the purchase date. A maximum of

750,000

shares are authorized for purchase until the ESPP termination date of

February 24, 2021,

or earlier termination of the ESPP. During the years ended

December 31, 2018,

2017

and

2016,

we received proceeds of

$214,

$98

and

$86

for the purchase of

20,000,

9,000

and

13,000

shares under the ESPP.

Note 16 - Business Segments

12 Months Ended

Dec. 31, 2018

Segment Reporting Disclosure [Text Block]

NOTE

- BUSINESS SEGMENTS

We identify our reportable segments based on our management structure and the financial data utilized by our chief operating decision makers to assess segment performance and allocate resources among our operating units. We have

three

reportable segments: Fleet Vehicles and Services, Emergency Response Vehicles, and Specialty Chassis and Vehicles.

As a result of a realignment of our operating segments completed during the

second

quarter of

2017,

certain fleet vehicles are now manufactured by our Specialty Chassis and Vehicles segment and sold via intercompany transactions to our Fleet Vehicles and Services segment, which then sells the vehicles to the final customer. Segment results from prior periods are shown reflecting the estimated impact of this realignment as if it had been in place for those periods. Another realignment of our operating segments was completed during the

second

quarter of

2016,

whereby aftermarket parts and accessories related to emergency response vehicles, which were formerly reported under the Specialty Chassis and Vehicles segment, are now included in the Emergency Response Vehicles segment. Appropriate expense amounts are allocated to the

three

reportable segments and are included in their reported operating income or loss.

Beginning in

2017,

we evaluate the performance of our reportable segments based on Adjusted EBITDA. Adjusted EBITDA is defined as earnings before interest, taxes, depreciation and amortization, as adjusted by other adjustments made in order to present comparable results from period to period. These adjustments include restructuring charges and items related to our acquisition of Smeal, such as expenses incurred to complete the acquisition and other purchase accounting related items that impacted current period operating income. We exclude these items from earnings because we believe they will be incurred infrequently and/or are otherwise

not

indicative of a segment's regular, ongoing operating performance. Adjusted EBITDA is also used as a performance metric for our executive compensation program, as discussed in our proxy statement for our

2018

annual meeting of shareholders, which proxy statement was filed with the SEC on

April 12, 2018.

Our Fleet Vehicles and Services segment consists of our operations at our Bristol, Indiana location, and beginning in

2018

certain operations at our Ephrata, Pennsylvania location, along with our operations at our up-fit centers in Kansas City, Missouri, Ladson, South Carolina, Pompano Beach, Florida and Saltillo, Mexico. The segment focuses on designing and manufacturing walk-in vans for the parcel delivery, mobile retail, and trades and construction industries, and the production of commercial truck bodies, and distributes related aftermarket parts and accessories.

Our Emergency Response Vehicles segment consists of the emergency response chassis operations at our Charlotte, Michigan location and our operations at our Brandon, South Dakota; Snyder and Neligh, Nebraska; and Ephrata, Pennsylvania locations. This segment engineers and manufactures emergency response chassis and apparatus and distributes related aftermarket parts and accessories.

Our Specialty Chassis and Vehicles segment consists of our Charlotte, Michigan operations that engineer and manufacture motor home chassis, defense vehicles and other specialty chassis and distribute related aftermarket parts and assemblies.

The accounting policies of the segments are the same as those described, or referred to, in Note

General and Summary of Accounting Policies

. Assets and related depreciation expense in the column labeled “Eliminations and Other” pertain to capital assets maintained at the corporate level. Eliminations for inter-segment sales are shown in the column labeled “Eliminations and other”. Segment loss from operations in the “Eliminations and other” column contains corporate related expenses

not

allocable to the operating segments. Interest expense and Taxes on income are

not

included in the information utilized by the chief operating decision makers to assess segment performance and allocate resources, and accordingly, are excluded from the segment results presented below.

Sales to customers outside the United States were

$50,733,

$81,157

and

$31,716

for the years ended

December

31,

2018,

2017

and

2016,

6.2%,

11.5%

and

5.4%,

respectively, of sales for those years. All of our long-lived assets are located in the United States.

Sales and other financial information by business segment are as follows:

Year Ended

December

31,

2018

	Segment
	Fleet Vehicles and Services		Emergency Response Vehicles		Specialty Chassis and Vehicles		Other			Consolidated
Fleet vehicles sales	$	297,627	$	-	$	10,221	$	(10,221	)	$	297,627
Emergency response vehicles sales		-		235,059		-		-			235,059
Motor home chassis sales		-		-		149,533		-			149,533
Other specialty vehicles sales		-		-		22,570		-			22,570
Aftermarket parts and accessories sales		89,922		10,578		10,875		-			111,375
Total sales	$	387,549	$	245,637	$	193,199	$	(10,221	)	$	816,164

Depreciation and amortization expense	$	2,401	$	2,678	$	1,495	$	3,796		$	10,370
Adjusted EBITDA		26,680		1,030		18,732		(14,683	)		31,759
Segment assets		117,508		125,338		32,621		78,317			353,784
Capital expenditures		1,859		510		116		6,500			8,985

Year Ended

December

31,

2017

	Segment
	Fleet Vehicles and Services		Emergency Response Vehicles		Specialty Chassis and Vehicles		Other			Consolidated
Fleet vehicles sales	$	207,666	$	-	$	5,657	$	(5,657	)	$	207,666
Emergency response vehicles sales		-		293,559		-		-			293,559
Motor home chassis sales		-		-		124,584		-			124,584
Other specialty vehicles sales		-		-		18,416		-			18,416
Aftermarket parts and accessories sales		43,429		9,291		10,153		-			62,873
Total sales	$	251,095	$	302,850	$	158,810	$	(5,657	)	$	707,098

Depreciation and amortization expense	$	3,361	$	2,342	$	1,314	$	2,920		$	9,937
Adjusted EBITDA		26,958		3,192		14,058		(12,881	)		31,327
Segment assets		60,550		133,546		33,700		73,368			301,164
Capital expenditures		562		1,364		386		3,028			5,340

Year Ended

December

31,

2016

	Segment
	Fleet Vehicles and Services		Emergency Response Vehicles			Specialty Chassis and Vehicles		Other			Consolidated
Fleet vehicles sales	$	206,248	$	-		$	5,347	$	(5,347	)	$	206,248
Emergency response vehicles sales		-		175,730			-		-			175,730
Motor home chassis sales		-		-			97,999		-			97,999
Other specialty vehicles sales		-		-			21,074		-			21,074
Aftermarket parts and accessories sales		72,141		7,251			10,334		-			89,726
Total sales	$	278,389	$	182,981		$	134,754	$	(5,347	)	$	590,777

Depreciation and amortization expense	$	3,185	$	1,143		$	789	$	2,786		$	7,903
Adjusted EBITDA		31,237		(7,542	)		8,334		(9,159	)		22,870
Segment assets		65,277		77,887			28,825		71,305			243,294
Capital expenditures		2,011		1,558			6,842		2,999			13,410

We evaluate the performance of our reportable segments based on Adjusted EBITDA. Adjusted EBITDA is defined as earnings before interest, taxes, depreciation and amortization, and other adjustments made in order to present comparable results from period to period. These adjustments include expenses associated with restructuring actions taken to improve the efficiency and profitability of certain of our manufacturing operations, and various items related to business acquisition and strategic planning activities. We exclude these items from earnings because we believe they are incurred infrequently and/or are otherwise

not

indicative of a segment's regular, ongoing operating performance. For those reasons, Adjusted EBITDA is also used as a performance metric for our executive compensation program, as discussed in our proxy statement for our

2018

annual meeting of shareholders, which proxy statement was filed with the SEC on

April 12, 2018.

The table below presents the reconciliation of our consolidated income before taxes to total segment Adjusted EBITDA. Adjusted EBITDA is

not

a measurement of our financial performance under GAAP and should

not

be considered as an alternative to net income. Adjusted EBITDA

may

have limitations as an analytical tool and should

not

be considered in isolation or as a substitute for analysis of our results as reported under GAAP. In addition, although we have excluded certain charges in calculating Adjusted EBITDA, we

may

in the future incur expenses similar to these adjustments, despite our assessment that such expenses are infrequent and/or

not

indicative of our regular, ongoing operating performance. Our presentation of Adjusted EBITDA should

not

be construed as an inference that our future results will be unaffected by unusual or infrequent items.

	Year Ended December 31, 2018			Year Ended December 31, 2017			Year Ended December 31, 2016
Consolidated income before taxes	$	17 ,273		$	16 ,024		$	8 ,703
Add (subtract):
Interest expense		1,080			864			410
Depreciation and amortization expense		10,370			9,937			7,903

Restructuring and other charges		1,881			1,252			1,095

Acquisition expense		1,952			1,354			882
Impact of intercompany chassis shipments to Smeal		-			2,073			-
Recall expense		( 46	)		( 368	)		3,457
Impact of inventory fair value step-up		-			189			-
Joint venture expenses		-			2			14
Asset impairment		-			-			406
Long-term strategic planning expense		995			-			-
Litigation settlements		447
Impact of acquisition adjustments for net working capital and contingent liability		( 2,193	)
Unallocated corporate expenses		14,683			12,881			9,159
Total segment adjusted EBITDA	$	46 ,442		$	44 ,208		$	32 ,029

Significant Accounting Policies (Policies)

12 Months Ended

Dec. 31, 2018

Accounting Policies [Abstract]

Consolidation, Policy [Policy Text Block]

Principles of Consolidation

. The consolidated financial statements include our accounts and the accounts of our wholly owned subsidiary, Spartan USA. All intercompany transactions have been eliminated.

Consolidation, Subsidiaries or Other Investments, Consolidated Entities, Policy [Policy Text Block]

Non-Controlling Interest

December 31, 2018,

Spartan USA held a

50%

not

currently active and as noted above the parties are currently seeking a dissolution plan.

Use of Estimates, Policy [Policy Text Block]

Use of Estimates

may

have a material impact on the financial statements.

Revenue Recognition, Policy [Policy Text Block]

Revenue Recognition

. Essentially all of our revenue is generated through contracts with our customers. We

may

not

have any significant variable consideration. The collectability of consideration on the contract is reasonably assured before revenue is recognized. On certain vehicles, payment

may

one

year of the contract inception. In such cases, we have elected to apply the practical expedient to

not

adjust the promised amount of consideration for the effects of a significant financing component. The financing impact on contracts that contain performance obligations that are

not

expected to be satisfied within

one

year or less.

not

available. The estimated costs to fulfill our base warranties are recognized as expense when the products are sold (see “

Note

– Commitments and Contingent Liabilities

” for further information on warranties). Our contracts with customers do

not

contain a provision for product returns, except for contracts related to certain parts sales.

return reserve has been recorded. Instead, returns are recognized as a reduction of revenue at the time that they are received.

Distinct revenue recognition policies for our segments are as follows:

Fleet Vehicles and Services

days after revenue is recognized.

Emergency Response Vehicles

not

days following the recognition of revenue for chassis and

103

days for complete apparatuses.

days following the recognition of revenue for stock or demonstrator units.

Specialty Chassis and Vehicles

days following the recognition of revenue for other specialty chassis.

Business Combinations Policy [Policy Text Block]

Business Combinations

. When acquiring other businesses, we recognize identifiable assets acquired and liabilities assumed at their acquisition date estimated fair values, and separately from any goodwill that

may

arise that affect their accuracy, which

may

one

year after the acquisition date.

Costs incurred to effect an acquisition, such as legal, accounting, valuation or other

third

-party costs, as well as internal general and administrative costs incurred are charged to expense in the periods incurred.

Shipping and Handling of Products [Policy Text Block]

Shipping and Handling of Products

. Costs incurred related to the shipment and handling of products are classified in cost of products sold. Amounts billed to customers for shipping and handling of products are included in sales.

Cash and Cash Equivalents, Policy [Policy Text Block]

Cash and Cash Equivalents

include cash on hand, cash on deposit, treasuries and money market funds. We consider all investments purchased with an original maturity of

three

months or less to be cash equivalents.

Trade and Other Accounts Receivable, Policy [Policy Text Block]

Accounts Receivable

. Our receivables are subject to credit risk, and we do

not

days: generally, this reserve has an estimated range from

25%.

The risk percentage applied to the aged accounts

may

longer assured.

Inventory, Policy [Policy Text Block]

Inventories

are stated at the lower of

first

-in,

first

may

be required.

Contract Assets, Policy [Policy Text Block]

Contract Assets

Property, Plant and Equipment, Policy [Policy Text Block]

Property, Plant and Equipment

years for buildings and improvements,

years for plant machinery and equipment,

years for furniture and fixtures and

may

not

be recoverable. Assets held-for-sale are recorded at the lower of historical depreciated cost or the estimated fair value less costs to sell. See Note

Property, Plant and Equipment

for further information on our property and equipment.

Related Party Transactions.

We purchase certain components used in the manufacture of our products from parties that could be considered related to us because

one

or more of our executive officers or board members is also an executive officer or board member of the related party. See Note

17,

Related Party Transactions

, for more information regarding our transactions with related parties.

Goodwill and Intangible Assets, Policy [Policy Text Block]

Goodwill and Other Intangible Assets

. Goodwill represents the excess of the cost of a business combination over the fair value of the net assets acquired. Goodwill and intangible assets deemed to have indefinite lives are

not

amortized, but are subject to impairment tests on an annual basis, or whenever events or changes in circumstances indicate that the carrying value

may

not

may

not

be recoverable.

We perform our annual goodwill and indefinite lived intangible assets impairment test as of

October

and monitor for interim triggering events on an ongoing basis. For goodwill we

first

assess qualitative factors to determine whether it is more likely than

not

that the fair value of a reporting unit is less than its carrying amount. Under authoritative guidance, we are

not

required to calculate the fair value of a reporting unit unless we determine that it is more likely than

not

that the fair value of the reporting unit is less than its carrying amount. We have the option to bypass the qualitative assessment and proceed to a quantitative impairment test.

If we elect to bypass the qualitative assessment for a reporting unit, or if after completing the assessment we determine that it is more likely than

not

See Note

Goodwill and Intangible Assets,

for further details on our goodwill and other intangible assets.

Standard Product Warranty, Policy [Policy Text Block]

Warranties

10,

Commitments and Contingent Liabilities

, for further information regarding warranties.

Deposits from Customers [Policy Text Block]

Deposits from Customers

Research and Development Expense, Policy [Policy Text Block]

Research and Development

. Our research and development costs, which consist of compensation costs, travel and entertainment, administrative expenses and new product development among other items, are expensed as incurred.

Income Tax, Policy [Policy Text Block]

Taxes on Income

not

yet been recognized as an expense in our financial statements.

not.

We recognize the tax benefit from an uncertain tax position only if it is more likely than

not

assurance can be given that the final outcome of these matters will

not

be different than what is reflected in the historical income tax provisions and accruals.

Interest and penalties attributable to income taxes are recorded as a component of income taxes.

See Note

Taxes on Income

, for further details on our income taxes.

Earnings Per Share, Policy [Policy Text Block]

Earnings Per Share

15,

Earnings Per Share,

for further details.

Share-based Compensation, Option and Incentive Plans Policy [Policy Text Block]

Stock Incentive Plans

13,

Stock Based Compensation

Fair Value of Financial Instruments, Policy [Policy Text Block]

Fair Value

. We are required to disclose the estimated fair value of our financial instruments. The carrying value at

December

31,

2018

and

2017

Segment Reporting, Policy [Policy Text Block]

Segment Reporting.

three

reportable segments: Fleet Vehicles and Services, Emergency Response Vehicles and Specialty Chassis and Vehicles. More detailed information about our reportable segments can be found in Note

16,

Business Segments

Supplemental Disclosures of Cash Flow Policy [Policy Text Block]

Supplemental Disclosures of Cash Flow Information.

Cash paid for interest was

$630,

$619

and

$309

for

2018,

2017

and

2016.

Cash paid (received) for income taxes, net of refunds, was

$5,054,

and

$2,232

for

2018,

2017

and

2016.

Non-cash investing in

2018

included the issuance of the Company’s capital stock in the amount of

$1,950

in conjunction with our acquisition of SRUS. Non-cash investing in

2017

included

$7,391

forgiveness of accounts receivable in conjunction with our acquisition of Smeal. See Note

for further information about these acquisitions.

New Accounting Pronouncements, Policy [Policy Text Block]

New Accounting Standards

February 2017

the FASB issued Accounting Standards Update

No.

2017

05,

Other Income-Gains and Losses from the Derecognition of Nonfinancial Assets (Subtopic

610

)

(“ASU

2017

05”

). ASU

2017

is intended to provide guidance for when gains and losses on nonfinancial assets should be applied to a financial asset by defining the term “nonfinancial asset”. ASU

2017

became effective for us beginning in the

first

quarter of

2018.

The adoption of the provisions of ASU

2017

did

not

have an impact on our consolidated financial position, results of operations or cash flows.

June 2016,

the FASB issued Accounting Standards Update

2016

13,

Financial Instruments-Credit Losses: Measurement of Credit Losses on Financial Instruments

(“ASU

2016

13”

). ASU

2016

December 15, 2019

and early adoption is permitted. The adoption of the provisions of ASU

2016

are

not

expected to have a material impact on our consolidated financial position, results of operations or cash flows.

February 2016,

the FASB issued Accounting Standards Update

No.

2016

02,

Leases

(“ASU

2016

02”

). The new standard establishes a right-of-use (“ROU”) model that requires a lessee to record a ROU asset and a lease liability on the balance sheet for all leases with terms longer than

December 15, 2018,

We substantially completed our assessment of the impacts of the new lease standard during the

fourth

quarter. We have determined that the adoption of ASU

2016

●

ASC

842

to elect

not

●

ASC

842

(c)(

) to retrospectively record the right of use assets and lease liabilities as of

January 1, 2019

with any cumulative effect of the initial application recorded to retained earnings;

●

ASC

842

(f) package of practical expedients to

not

reassess whether any expired or existing contracts are or contain leases,

not

reassess the lease classification for any expired or existing leases, and

not

reassess initial direct costs for any existing leases; and

	●	ASC 842 - 10 - 65 - 1 (g) to use hindsight in determining the lease term (that is, when considering lessee options to extend or terminate the lease and to purchase the underlying asset) and in assessing impairment of the company’s right-of-use assets.
	●	ASC 842 - 20 - 25 - 2 to exclude short-term leases from the balance sheet.

We expect that the disclosures in the notes to our consolidated financial statements related to leases will be significantly expanded under the new standard, specifically:

●

ASC

842

●

ASC

842

not,

information about leases that have

not

●

ASC

842

●

ASC

842

requires a maturity analysis of the Company’s finance lease and operating lease liabilities, separately, showing the undiscounted cash flows on an annual basis for each of the

first

five

years and a total amount for the remaining years.

●

ASC

842

not

reasonably reflect the entity’s short term lease commitments.

●

ASC

842

requires the Company to disclose their election of the practical expedient to

not

separate lease components from non-lease components and indicate which class of assets it has elected to apply the practical expedient.

It is expected that certain other provisions of ASC

842

not

mentioned above will

not

significantly impact the Company.

We will adopt ASU

2016

as of

January 1, 2019

using the modified retrospective approach. As a result, in the

first

quarter of

2019

we expect to record right of use assets for operating leases of approximately

$13,600

and for financing leases of approximately

$700.

The decrease to retained earnings is expected to be approximately

$200,

reflecting the cumulative impact of the accounting change.

We are unable to precisely quantify the impact to expenses for future periods since expenses recognized in those periods will depend on the actual leasing levels in those periods, but we do

not

expect those expenses from recognizing right of use assets and lease liabilities to change significantly.

May 2014,

the FASB issued Accounting Standards Update

2014

09,

Revenue from Contracts with Customers

(“ASU

2014

09”

or “ASC

606”

). Subsequently the FASB provided additional guidance to clarify certain aspects of the standard in Accounting Standards Updates

No.

2016

, Revenue from Contracts with Customers (ASU

2014

), Principal versus Agent Considerations (Reporting Revenue Gross versus Net)

;

No.

2016

10,

Revenue from Contracts with Customers (ASU

2014

), Identifying Performance Obligations and Licensing

; and

No.

2016

12,

Revenue from Contracts with Customers (ASU

2014

), Narrow-Scope Improvements and Practical Expedients

. ASU

2014

09,

2014

is effective for annual reporting periods beginning after

December 15, 2017,

including interim periods within that reporting period, and

may

be applied retrospectively to each prior period presented or retrospectively with the cumulative effect recognized as of the date of initial application. We adopted ASU

2014

as of

January 1, 2018

using the modified retrospective approach. See the

“Adoption of Revenue Recognition Accounting Policy”

section below for a description of the impact of the adoption of the provisions of ASU

2014

on our consolidated financial position, results of operations and cash flows.

March 2016,

the FASB issued Accounting Standards Update

No.

2016

08,

Revenue from Contracts with Customers (ASU

2014

), Principal versus Agent Considerations (Reporting Revenue Gross versus Net)

(“ASU

2016

08”

). ASU

2016

clarifies the implementation guidance for principal-versus-agent considerations in the revenue recognition standard. A principal-versus-agent consideration applies to sales that involve

two

2016

will go into effect when the revenue standard issued in ASU

2014

becomes effective. We adopted ASU

2014

as of

January 1, 2018

using the modified retrospective approach. See the

“Adoption of Revenue Recognition Accounting Policy”

section below for a description of the impact of the adoption of the provisions of ASU

2014

on our consolidated financial position, results of operations and cash flows.

April 2016,

the FASB issued Accounting Standards Update

No.

2016

10,

Revenue from Contracts with Customers (ASU

2014

), Identifying Performance Obligations and Licensing

(“ASU

2016

10”

). ASU

2016

clarifies the implementation guidance in ASU

2014

for identifying performance obligations and determining when to recognize revenue on licensing agreements for intellectual property. ASU

2016

will go into effect when the revenue standard issued in ASU

2014

becomes effective. We adopted ASU

2014

as of

January 1, 2018

using the modified retrospective approach. See the

“Adoption of Revenue Recognition Accounting Policy”

section below for a description of the impact of the adoption of the provisions of ASU

2014

on our consolidated financial position, results of operations and cash flows.

May 2016,

the FASB issued Accounting Standards Update

No.

2016

12,

Revenue from Contracts with Customers (ASU

2014

), Narrow-Scope Improvements and Practical Expedients

(“ASU

2016

12”

). ASU

2016

clarifies the implementation guidance on assessing collectability, presentation of sales taxes, non-cash consideration and completed contracts and contract modifications at transition. ASU

2016

will go into effect when the revenue standard issued in ASU

2014

becomes effective. We adopted ASU

2014

as of

January 1, 2018

using the modified retrospective approach. See the

“Adoption of Revenue Recognition Accounting Policy”

section below for a description of the impact of the adoption of the provisions of ASU

2014

on our consolidated financial position, results of operations and cash flows.

Adoption of Revenue Recognition Accounting Policy

Except for the changes below, we have consistently applied the accounting policies to all periods presented in these consolidated financial statements. We adopted ASC

606

with a date of initial application of

January 1, 2018.

As a result, we changed our accounting policy for revenue recognition as detailed above under the "Revenue Recognition" section.

We applied ASC

606

using the cumulative effect method to all contracts

not

completed at the date of initial application by recognizing the cumulative effect of initially applying ASC

606

as an adjustment to the opening balance of retained earnings at

January 1, 2018.

Therefore, the comparative information has

not

been adjusted and continues to be reported under prior revenue recognition guidance.

The tables below present the impacts of our adoption of the new revenue standard on our income statement and balance sheet.

	Three Months Ended December 31, 2018
	As Reported			Balances Without Adoption of ASC 606		Effect of Change Higher/(Lower)
Income Statement
Sales	$	232,961		$	240,182	$	(7,221	)
Cost of products sold		209,150			215,145		(5,995	)
Taxes (benefit)		(266	)		35		(301	)
Net income		1,833			2,759		(92 6	)

	Year Ended December 31, 2018
	As Reported		Balances Without Adoption of ASC 606		Effect of Change Higher/(Lower)
Income Statement
Sales	$	816,164	$	828,988	$	(12,824	)
Cost of products sold		717,607		730,010		(12,403	)
Taxes		2,261		2,335		(74	)
Net income		15,012		15,359		(347	)

	December 31, 2018
	As Reported		Balances Without Adoption of ASC 606		Effect of Change Higher/(Lower)
Balance Sheet
Assets
Contract assets	$	34,076	$	-	$	34,076
Inventories		69,992		107,147		(37,155	)
Net deferred tax asset		7,141		8,038		(897	)

Liabilities
Deposits from customers		22,632		30,150		(7,518	)
Other current liabilities and accrued expenses		12,396		12,173		223

Equity
Retained earnings		103,571		100,250		3,321

The table below presents the cumulative effect of the changes made to our consolidated

January 1, 2018

balance sheet for the adoption of ASC

606.

	December 31, 2017		Transition adjustments			January 1, 2018
Assets
Contract assets	$	-	$	30,559		$	30,559
Inventory		77,692		(32,933	)		44,759
Net deferred tax asset		7,284		(897	)		6,387

Liabilities
Deposits from customers		25,422		(7,234	)		18,188
Other current liabilities and accrued expenses		12,071		295			12,366

Equity
Retained earnings		88,855		3,668			92,523

Contract assets and liabilities

The tables below disclose changes in contract assets and liabilities as of the periods indicated.

Contract assets
Opening balance (January 1, 2018)	$	30,559
Reclassification of the beginning contract assets to receivables, as the result of rights to consideration becoming unconditional		(30,559	)
Contract assets recognized, net of reclassification to receivables		34,076
Net change		3,517
Ending balance (December 31, 2018)	$	34,076

Contract liabilities
Opening balance (January 1, 2018)	$	18,188
Reclassification of the beginning contract liabilities to revenue, as the result of performance obligations satisfied		(15,490	)
Cash received in advance and not recognized as revenue		19,934
Net change		4,444
Ending balance (December 31, 2018)	$	22,632

	1-12 Months (1)		13 Months and beyond (1)		Total

Revenue expected to be recognized as of December 31, 2018:
Fleet Vehicles and Services	$	218,775	$	-	$	218,775
Emergency Response Vehicles		211,524		5,842		217,366
Specialty Chassis and Vehicles		37,691		32		37,723
Total	$	467,990	$	5,874	$	473,864

(

)

Revenue above includes amounts related to extended warranties and roadside assistance contracts of

$190

and

$35

for

one

months and

$650

and

$32

for

months and beyond, respectively.

amounts have been excluded from the transaction prices above related to the guidance on constraining estimates of variable consideration.

In the following tables, revenue is disaggregated by primary geographical market and timing of revenue recognition for the

twelve

months ended

December 31, 2018.

The tables also include a reconciliation of the disaggregated revenue with the reportable segments.

	Year Ended December 31, 2018
	Fleet Vehicles and Services		Emergency Response Vehicles		Specialty Chassis and Vehicles		Total Reportable Segments		Other			Total
Primary geographical markets
United States	$	367,730	$	207,254	$	191,814	$	766,798	$	(10,221	)	$	756,577
Other		19,819		38,383		1,385		59,587		-			59,587
Total sales	$	387,549	$	245,637	$	193,199	$	826,385	$	(10,221	)	$	816,164

Timing of revenue recognition
Products transferred at a point in time	$	113,576	$	21,183	$	160,408	$	295,167	$	-		$	295,167
Products and services transferred over time		273,973		224,454		32,791		531,218		(10,221	)		520,997
Total sales	$	387,549	$	245,637	$	193,199	$	826,385	$	(10,221	)	$	816,164

	Year Ended December 31, 2017
	Fleet Vehicles and Services		Emergency Response Vehicles		Specialty Chassis and Vehicles		Total Reportable Segments		Other			Total
Primary geographical markets
United States	$	238,267	$	235,085	$	158,246	$	631,598	$	(5,657	)	$	625,941
Other		12,828		67,765		564		81,157		-			81,157
Total sales	$	251,095	$	302,850	$	158,810	$	712,755	$	(5,657	)	$	707,098

Timing of revenue recognition
Products transferred at a point in time	$	251,095	$	302,850	$	158,810	$	712,755	$	(5,657	)	$	707,098
Products and services transferred over time		-		-		-		-		-			-
Total sales	$	251,095	$	302,850	$	158,810	$	712,755	$	(5,657	)	$	707,098

	Year Ended December 31, 2016
	Fleet Vehicles and Services		Emergency Response Vehicles		Specialty Chassis and Vehicles		Total Reportable Segments		Other			Total
Primary geographical markets
United States	$	272,389	$	158,195	$	134,125	$	564,408	$	(5,347	)	$	559,061
Other		6,301		24,786		629		31,716		-			31,716
Total sales	$	278,389	$	182,981	$	134,754	$	596,124	$	(5,347	)	$	590,777

Timing of revenue recognition
Products transferred at a point in time	$	278,389	$	182,981	$	134,754	$	596,124	$	(5,347	)	$	590,777
Products and services transferred over time		-		-		-		-		-			-
Total sales	$	278,389	$	182,981	$	134,754	$	596,124	$	(5,347	)	$	590,777

Note 1 - General and Summary of Accounting Policies (Tables)

12 Months Ended

Dec. 31, 2018

Schedule of New Accounting Pronouncements and Changes in Accounting Principles [Table Text Block]

	Three Months Ended December 31, 2018
	As Reported			Balances Without Adoption of ASC 606		Effect of Change Higher/(Lower)
Income Statement
Sales	$	232,961		$	240,182	$	(7,221	)
Cost of products sold		209,150			215,145		(5,995	)
Taxes (benefit)		(266	)		35		(301	)
Net income		1,833			2,759		(92 6	)

	Year Ended December 31, 2018
	As Reported		Balances Without Adoption of ASC 606		Effect of Change Higher/(Lower)
Income Statement
Sales	$	816,164	$	828,988	$	(12,824	)
Cost of products sold		717,607		730,010		(12,403	)
Taxes		2,261		2,335		(74	)
Net income		15,012		15,359		(347	)

	December 31, 2018
	As Reported		Balances Without Adoption of ASC 606		Effect of Change Higher/(Lower)
Balance Sheet
Assets
Contract assets	$	34,076	$	-	$	34,076
Inventories		69,992		107,147		(37,155	)
Net deferred tax asset		7,141		8,038		(897	)

Liabilities
Deposits from customers		22,632		30,150		(7,518	)
Other current liabilities and accrued expenses		12,396		12,173		223

Equity
Retained earnings		103,571		100,250		3,321

	December 31, 2017		Transition adjustments			January 1, 2018
Assets
Contract assets	$	-	$	30,559		$	30,559
Inventory		77,692		(32,933	)		44,759
Net deferred tax asset		7,284		(897	)		6,387

Liabilities
Deposits from customers		25,422		(7,234	)		18,188
Other current liabilities and accrued expenses		12,071		295			12,366

Equity
Retained earnings		88,855		3,668			92,523

Contract with Customer, Asset and Liability [Table Text Block]

Contract assets
Opening balance (January 1, 2018)	$	30,559
Reclassification of the beginning contract assets to receivables, as the result of rights to consideration becoming unconditional		(30,559	)
Contract assets recognized, net of reclassification to receivables		34,076
Net change		3,517
Ending balance (December 31, 2018)	$	34,076

Contract liabilities
Opening balance (January 1, 2018)	$	18,188
Reclassification of the beginning contract liabilities to revenue, as the result of performance obligations satisfied		(15,490	)
Cash received in advance and not recognized as revenue		19,934
Net change		4,444
Ending balance (December 31, 2018)	$	22,632

Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Table Text Block]

	1-12 Months (1)		13 Months and beyond (1)		Total

Revenue expected to be recognized as of December 31, 2018:
Fleet Vehicles and Services	$	218,775	$	-	$	218,775
Emergency Response Vehicles		211,524		5,842		217,366
Specialty Chassis and Vehicles		37,691		32		37,723
Total	$	467,990	$	5,874	$	473,864

Disaggregation of Revenue [Table Text Block]

	Year Ended December 31, 2018
	Fleet Vehicles and Services		Emergency Response Vehicles		Specialty Chassis and Vehicles		Total Reportable Segments		Other			Total
Primary geographical markets
United States	$	367,730	$	207,254	$	191,814	$	766,798	$	(10,221	)	$	756,577
Other		19,819		38,383		1,385		59,587		-			59,587
Total sales	$	387,549	$	245,637	$	193,199	$	826,385	$	(10,221	)	$	816,164

Timing of revenue recognition
Products transferred at a point in time	$	113,576	$	21,183	$	160,408	$	295,167	$	-		$	295,167
Products and services transferred over time		273,973		224,454		32,791		531,218		(10,221	)		520,997
Total sales	$	387,549	$	245,637	$	193,199	$	826,385	$	(10,221	)	$	816,164

	Year Ended December 31, 2017
	Fleet Vehicles and Services		Emergency Response Vehicles		Specialty Chassis and Vehicles		Total Reportable Segments		Other			Total
Primary geographical markets
United States	$	238,267	$	235,085	$	158,246	$	631,598	$	(5,657	)	$	625,941
Other		12,828		67,765		564		81,157		-			81,157
Total sales	$	251,095	$	302,850	$	158,810	$	712,755	$	(5,657	)	$	707,098

Timing of revenue recognition
Products transferred at a point in time	$	251,095	$	302,850	$	158,810	$	712,755	$	(5,657	)	$	707,098
Products and services transferred over time		-		-		-		-		-			-
Total sales	$	251,095	$	302,850	$	158,810	$	712,755	$	(5,657	)	$	707,098

	Year Ended December 31, 2016
	Fleet Vehicles and Services		Emergency Response Vehicles		Specialty Chassis and Vehicles		Total Reportable Segments		Other			Total
Primary geographical markets
United States	$	272,389	$	158,195	$	134,125	$	564,408	$	(5,347	)	$	559,061
Other		6,301		24,786		629		31,716		-			31,716
Total sales	$	278,389	$	182,981	$	134,754	$	596,124	$	(5,347	)	$	590,777

Timing of revenue recognition
Products transferred at a point in time	$	278,389	$	182,981	$	134,754	$	596,124	$	(5,347	)	$	590,777
Products and services transferred over time		-		-		-		-		-			-
Total sales	$	278,389	$	182,981	$	134,754	$	596,124	$	(5,347	)	$	590,777

Note 4 - Restructuring Charges (Tables)

12 Months Ended

Dec. 31, 2018

Schedule of Restructuring Reserve by Type of Cost [Table Text Block]

	December 31, 2018
	Fleet Vehicles and Services		Emergency Response Vehicles		Specialty Chassis and Vehicles		Other		Total
Cost of products sold
Accrual for severance	$	-	$	15	$	16	$	-	$	31
Production relocation		-		271		-		-		271


General and Administrative
Accrual for severance		-		497		164		486		1,147
Production relocation		-		282		-		-		282
Total General and Administrative		-		779		164		486		1,429
Total restructuring	$	-	$	1,065	$	180	$	486	$	1,731

	December 31, 2017
	Fleet Vehicles and Services		Emergency Response Vehicles		Specialty Chassis and Vehicles		Other		Total
Cost of products sold
Accrual for severance	$	97	$	43	$	30	$	-	$	170
Production relocation		-		38		-		-		38

General and Administrative
Accrual for severance		547		367		79		51		1,044
Total restructuring	$	644	$	448	$	109	$	51	$	1,252

	December 31, 2016
Cost of products sold
Production relocation/equipment impairment	$	136
Accrual for severance		-
Total cost of products sold		136

General and Administrative
Manufacturing process reengineering		959
Accrual for severance		-
Total general and administrative		959
Total restructuring	$	1,095

Restructuring and Related Costs [Table Text Block]

	Severance 2018			Severance 2017
Balance January 1,	$	12		$	-
Accrual for severance		19			643
Payments and adjustments made in period		(27	)		(201	)
Balance March 31,		4			442
Accrual for severance		797			325
Payments and adjustments made in period		(4	)		(540	)
Balance June 30,		797			227
Accrual for severance		356			232
Payments and adjustments made in period		(559	)		(366	)
Balance September 30,		594			93
Accrual for severance		6			14
Payments and adjustments made in period		(309	)		(95	)
Balance December 31,	$	291		$	12

Note 5 - Goodwill and Intangible Assets (Tables)

12 Months Ended

Dec. 31, 2018

Schedule of Goodwill [Table Text Block]

	Fleet Vehicles and Services					Emergency Response Vehicles				Specialty Vehicles and Chassis				Total
	December 31,					December 31,				December 31,				December 31,
	2018		2017			2018		2017		2018		2017		2018		2017
Goodwill, beginning of year	$	15,323	$	15,961		$	11,456	$	-	$	638	$	-	$	27,417	$	15,961
Acquisition of Smeal		-		-			-		11,456		-		-		-		11,456
Acquisition of Strobes-R-Us		6,406		-			-		-		-		-		6,406		-
Reassignment of goodwill		-		(638	)		-		-		-		638		-		-
Goodwill, end of year	$	21,729	$	15,323		$	11,456	$	11,456	$	638	$	638	$	33,823	$	27,417

Schedule of Finite-Lived Intangible Assets [Table Text Block]

	As of December 31, 2018						As of December 31, 2017
	Gross carrying amount		Accumulated amortization		Net		Gross carrying amount		Accumulated amortization		Net
Customer and dealer relationships	$	6,170	$	4,029	$	2,141	$	6,170	$	3,709	$	2,461
Acquired product development project		1,860		1,860		-		1,860		1,514		346
Unpatented technology		1,500		300		1,200		1,500		150		1,350
Non-compete agreements		400		400		-		400		400		-
Backlog		320		320		-		320		320		-
Trade Names		5,270		-		5,270		5,270		-		5,270
	$	15,520	$	6,909	$	8,611	$	15,520	$	6,093	$	9,427

Schedule of Finite-Lived Intangible Assets, Future Amortization Expense [Table Text Block]

	Amount
2019	$	449
2020		423
2021		399
2022		377
2023		357
Thereafter		1,336
Total	$	3,341

Note 7 - Leases (Tables)

12 Months Ended

Dec. 31, 2018

Schedule of Future Minimum Rental Payments for Operating Leases [Table Text Block]

Year	Future Minimum Operating Lease Payments
2019	$	3,291
2020		2,831
2021		2,193
2022		1,849
2023		1,863
Thereafter		4,149
Total	$	16,176

Schedule of Future Minimum Lease Payments for Capital Leases [Table Text Block]

Year	Future Minimum Capital Lease Payments
2019	$	225
2020		194
2021		194
2022		133
2023		3
Thereafter		-
Total lease obligations, including imputed interest		749

Less imputed interest charges		(68	)

Total outstanding capital lease obligations	$	681

Note 8 - Taxes on Income (Tables)

12 Months Ended

Dec. 31, 2018

Schedule of Components of Income Tax Expense (Benefit) [Table Text Block]

	Year Ended December 31,
	2018			2017			2016
Current (credit):
Federal	$	2,037			3,809			2,203
State		912			255			563
Foreign		67		$	-		$	-
Total current		3,016			4,064			2,766
Deferred (credit):
Federal		(471	)		(1,743	)		(2,666	)
State		(284	)		(2,231	)		-
Total deferred		(755	)		(3,974	)		(2,666	)
Total taxes on income	$	2,261		$	90		$	100

Schedule of Effective Income Tax Rate Reconciliation [Table Text Block]

	Year Ended December 31,
	2018						2017						2016
	Amount			Percentage			Amount			Percentage			Amount			Percentage

Federal income taxes at the statutory rate	$	3,627			21.00	%	$	5,609			35.00	%	$	2,959			34.00	%
State tax expense, net of federal income tax benefit		368			2.13			547			3.41			68			0.78
Increase (decrease) in income taxes resulting from:
Deferred income tax re-measurement due to Tax Act		(373	)		(2.16	)		2,963			18.49			-			-
Other deferred income tax adjustment		(46	)		(0.27	)		(241	)		(1.50	)		(51	)		(0.59	)
Non-deductible compensation		-			-			-			-			459			5.27
Other nondeductible expenses		178			1.03			156			0.97			226			2.60
Foreign derived intangible income deduction		(69	)		(0.40	)		-			-			-			-
Domestic manufacturing deduction		-			-			(504	)		(3.15	)		-			-
Stock based compensation		(1,406	)		(8.14	)		(394	)		(2.46	)		-			-
Worthless stock deduction of dissolved subsidiary		-			-			(966	)		(6.03	)		-			-
Forfeiture of state net operating loss and credit carry-forwards from dissolution of subsidiary		-			-			3,039			18.97			-			-
Foreign tax expense		67			0.39			-			-			-			-
Valuation allowance adjustment		60			0.35			(9,544	)		(59.56	)		(2,932	)		(33.69	)
Unrecognized tax benefit adjustment		401			2.32			314			1.96			129			1.48
Federal research and development tax credit		(645	)		(3.73	)		(753	)		(4.70	)		(801	)		(9.20	)
Foreign tax credit		(67	)		(0.39	)		-			-			-			-
Other		166			0.96			(136	)		(0.84	)		43			0.50
Total	$	2,261			13.09	%	$	90			0.56	%	$	100			1.15	%

Schedule of Deferred Tax Assets and Liabilities [Table Text Block]

	December 31,
	2018			2017
Deferred income tax assets:
Warranty reserve	$	3,257		$	3,595
Inventory costs and reserves		1,801			1,792
Contract assets		1,694			-
Stock based compensation		984			1,061
Net operating loss carry-forwards, net of federal income tax benefit		723			954
Compensation related accruals		589			663
Credit carry-forwards, net of federal income tax benefit		506			317
Vendor compensation		-			507
Other		611			409
Total deferred income tax assets	$	10,165		$	9,298


Deferred income tax liabilities:
Depreciation	$	(1,479	)	$	(1,230	)
Intangible assets		(1,205	)		(574	)
Prepaid expenses		(222	)		(152	)
Total deferred income tax liabilities	$	(2,906	)	$	(1,956	)

Net deferred income tax assets	$	7,259		$	7,342
Valuation allowance		(118	)		(58	)
Net deferred tax asset	$	7,141		$	7,284

Schedule of Unrecognized Tax Benefits Roll Forward [Table Text Block]

	2018			2017			2016
Balance at January 1,	$	565		$	345		$	349
Increase (decrease) related to prior year tax positions		35			168			(24	)
Increase related to current year tax positions		319			118			20
Expiration of statute		(92	)		(66	)		-
Balance at December 31,	$	827		$	565		$	345

Note 9 - Transactions with Major Customers (Tables)

12 Months Ended

Dec. 31, 2018

Schedules of Concentration of Risk, by Risk Factor [Table Text Block]

2018				2016
Sales		Accounts Receivable (at year end)		Sales		Accounts Receivable (at year end)

$	81,728	$	17,232	$	70,954	$	7,169

Note 12 - Debt (Tables)

12 Months Ended

Dec. 31, 2018

Schedule of Long-term Debt Instruments [Table Text Block]

	December 31, 2018			December 31, 2017
Line of credit revolver (1):	$	25,460		$	17,800
Capital lease obligations (See Note 7 – Leases )		147			189
Total debt		25,607			17,989
Less current portion of long-term debt		(60	)		(64	)
Total long-term debt	$	25,547		$	17,925

Tabular disclosure of long-debt instruments or arrangements, including identification, terms, features, collateral requirements and other information necessary to a fair presentation. These are debt arrangements that originally required repayment more than twelve months after issuance or greater than the normal operating cycle of the entity, if longer.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 210
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.5-02.22)
-URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
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-Topic 505
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Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef
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-Paragraph 1
-Subparagraph (SX 210.4-08.(e),(f))
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Reference 7: http://fasb.org/us-gaap/role/ref/legacyRef
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Reference 8: http://fasb.org/us-gaap/role/ref/legacyRef
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Reference 9: http://fasb.org/us-gaap/role/ref/legacyRef
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Reference 10: http://fasb.org/us-gaap/role/ref/legacyRef
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-Topic 505
-SubTopic 10
-Section 50
-Paragraph 3
-URI http://asc.fasb.org/extlink&oid=109259400&loc=d3e21475-112644

+ Details

Note 16 - Business Segments (Tables)

12 Months Ended

Dec. 31, 2018

Schedule of Segment Reporting Information, by Segment [Table Text Block]

	Segment
	Fleet Vehicles and Services		Emergency Response Vehicles		Specialty Chassis and Vehicles		Other			Consolidated
Fleet vehicles sales	$	297,627	$	-	$	10,221	$	(10,221	)	$	297,627
Emergency response vehicles sales		-		235,059		-		-			235,059
Motor home chassis sales		-		-		149,533		-			149,533
Other specialty vehicles sales		-		-		22,570		-			22,570
Aftermarket parts and accessories sales		89,922		10,578		10,875		-			111,375
Total sales	$	387,549	$	245,637	$	193,199	$	(10,221	)	$	816,164

Depreciation and amortization expense	$	2,401	$	2,678	$	1,495	$	3,796		$	10,370
Adjusted EBITDA		26,680		1,030		18,732		(14,683	)		31,759
Segment assets		117,508		125,338		32,621		78,317			353,784
Capital expenditures		1,859		510		116		6,500			8,985

	Segment
	Fleet Vehicles and Services		Emergency Response Vehicles		Specialty Chassis and Vehicles		Other			Consolidated
Fleet vehicles sales	$	207,666	$	-	$	5,657	$	(5,657	)	$	207,666
Emergency response vehicles sales		-		293,559		-		-			293,559
Motor home chassis sales		-		-		124,584		-			124,584
Other specialty vehicles sales		-		-		18,416		-			18,416
Aftermarket parts and accessories sales		43,429		9,291		10,153		-			62,873
Total sales	$	251,095	$	302,850	$	158,810	$	(5,657	)	$	707,098

Depreciation and amortization expense	$	3,361	$	2,342	$	1,314	$	2,920		$	9,937
Adjusted EBITDA		26,958		3,192		14,058		(12,881	)		31,327
Segment assets		60,550		133,546		33,700		73,368			301,164
Capital expenditures		562		1,364		386		3,028			5,340

	Segment
	Fleet Vehicles and Services		Emergency Response Vehicles			Specialty Chassis and Vehicles		Other			Consolidated
Fleet vehicles sales	$	206,248	$	-		$	5,347	$	(5,347	)	$	206,248
Emergency response vehicles sales		-		175,730			-		-			175,730
Motor home chassis sales		-		-			97,999		-			97,999
Other specialty vehicles sales		-		-			21,074		-			21,074
Aftermarket parts and accessories sales		72,141		7,251			10,334		-			89,726
Total sales	$	278,389	$	182,981		$	134,754	$	(5,347	)	$	590,777

Depreciation and amortization expense	$	3,185	$	1,143		$	789	$	2,786		$	7,903
Adjusted EBITDA		31,237		(7,542	)		8,334		(9,159	)		22,870
Segment assets		65,277		77,887			28,825		71,305			243,294
Capital expenditures		2,011		1,558			6,842		2,999			13,410

Schedule of Earnings Before Interest, Taxes, Depreciation and Amortization [Table Text Block]

	Year Ended December 31, 2018			Year Ended December 31, 2017			Year Ended December 31, 2016
Consolidated income before taxes	$	17 ,273		$	16 ,024		$	8 ,703
Add (subtract):
Interest expense		1,080			864			410
Depreciation and amortization expense		10,370			9,937			7,903

Restructuring and other charges		1,881			1,252			1,095

Acquisition expense		1,952			1,354			882
Impact of intercompany chassis shipments to Smeal		-			2,073			-
Recall expense		( 46	)		( 368	)		3,457
Impact of inventory fair value step-up		-			189			-
Joint venture expenses		-			2			14
Asset impairment		-			-			406
Long-term strategic planning expense		995			-			-
Litigation settlements		447
Impact of acquisition adjustments for net working capital and contingent liability		( 2,193	)
Unallocated corporate expenses		14,683			12,881			9,159
Total segment adjusted EBITDA	$	46 ,442		$	44 ,208		$	32 ,029

Schedule II - Valuation and Qualifying Accounts (Tables)	12 Months Ended
	Dec. 31, 2018
Notes Tables
Valuation Allowances and Reserves [Table Text Block]	<div style="display: inline; font-family: times new roman; font-size: 10pt"><table border="0" cellpadding="0" cellspacing="0" style="; font-size: 10pt; font-family: "Times New Roman", Times, serif; text-indent: 0px; min-; min-width: 700px;"> <tr style="vertical-align: bottom;"> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt; width: 40%; border-bottom: 1px solid rgb(0, 0, 0);"> <div style=" font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; text-align: center;">Column A</div> </td> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td colspan="2" style="text-align: center; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);"> <div style=" font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:center;">Column B</div> </td> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt; padding-bottom: 1px;"> </td> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td colspan="6" style="text-align: center; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);"> <div style=" font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:center;">Column C</div> </td> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt; padding-bottom: 1px;"> </td> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td colspan="2" style="text-align: center; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);"> <div style=" font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:center;">Column D</div> </td> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt; padding-bottom: 1px;"> </td> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td colspan="2" style="text-align: center; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);"> <div style=" font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:center;">Column E</div> </td> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt; padding-bottom: 1px;"> </td> </tr> <tr style="vertical-align: bottom;"> <td style="text-align: center;"> </td> <td> </td> <td> </td> <td> </td> <td> </td> <td> </td> <td> </td> <td> </td> <td> </td> <td> </td> <td> </td> <td> </td> <td> </td> <td> </td> <td> </td> <td> </td> <td> </td> <td> </td> <td> </td> <td> </td> <td> </td> </tr> <tr style="vertical-align: bottom;"> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt; border-bottom: 1px solid rgb(0, 0, 0);"> <div style=" font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; text-align: center;"><br /> <br /> <br /> <br /> Description</div> </td> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td colspan="2" style="text-align: center; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);"> <div style=" font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:center;"><br /> <br /> Balance at<br /> Beginning<br /> of Period</div> </td> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt; padding-bottom: 1px;"> </td> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td colspan="2" style="text-align: center; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);"> <div style=" font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:center;"><br /> Additions<br /> Charged to<br /> Costs and<br /> Expenses</div> </td> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt; padding-bottom: 1px;"> </td> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td colspan="2" style="text-align: center; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);"> <div style=" font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:center;">Additions<br /> Charged to<br /> Other<br /> Accounts<br /> (Acquisition)</div> </td> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt; padding-bottom: 1px;"> </td> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td colspan="2" style="text-align: center; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);"> <div style=" font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:center;"><br /> <br /> <br /> <br /> Deductions</div> </td> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt; padding-bottom: 1px;"> </td> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td colspan="2" style="text-align: center; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);"> <div style=" font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:center;"><br /> <br /> Balance<br /> at End<br /> of Period</div> </td> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt; padding-bottom: 1px;"> </td> </tr> <tr style="vertical-align: bottom;"> <td> </td> <td> </td> <td> </td> <td> </td> <td> </td> <td> </td> <td> </td> <td> </td> <td> </td> <td> </td> <td> </td> <td> </td> <td> </td> <td> </td> <td> </td> <td> </td> <td> </td> <td> </td> <td> </td> <td> </td> <td> </td> </tr> <tr style="vertical-align: bottom; background-color: rgb(204, 238, 255);"> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt;"> <div style=" font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="display: inline; font-weight: bold;">Year ended December 31, 2018:</div></div> </td> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt;"><div style="display: inline; font-weight: bold;"> </div></td> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt;"><div style="display: inline; font-weight: bold;"> </div></td> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt;"><div style="display: inline; font-weight: bold;"> </div></td> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt;"><div style="display: inline; font-weight: bold;"> </div></td> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt;"><div style="display: inline; font-weight: bold;"> </div></td> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt;"><div style="display: inline; font-weight: bold;"> </div></td> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt;"><div style="display: inline; font-weight: bold;"> </div></td> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt;"><div style="display: inline; font-weight: bold;"> </div></td> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt;"><div style="display: inline; font-weight: bold;"> </div></td> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt;"><div style="display: inline; font-weight: bold;"> </div></td> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt;"><div style="display: inline; font-weight: bold;"> </div></td> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt;"><div style="display: inline; font-weight: bold;"> </div></td> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt;"><div style="display: inline; font-weight: bold;"> </div></td> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt;"><div style="display: inline; font-weight: bold;"> </div></td> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt;"><div style="display: inline; font-weight: bold;"> </div></td> </tr> <tr style="vertical-align: bottom; background-color: rgb(255, 255, 255);"> <td> </td> <td> </td> <td> </td> <td> </td> <td> </td> <td> </td> <td> </td> <td> </td> <td> </td> <td> </td> <td> </td> <td> </td> <td> </td> <td> </td> <td> </td> <td> </td> <td> </td> <td> </td> <td> </td> <td> </td> <td> </td> </tr> <tr style="vertical-align: bottom; background-color: rgb(204, 238, 255);"> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt;"> <div style=" font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt;">Allowance for doubtful accounts</div> </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt;">$</td> <td style="width: 9%; text-align: right; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt;"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">139</div></td> <td nowrap="nowrap" style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt;"> </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt;">$</td> <td style="width: 9%; text-align: right; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt;"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">32</div></td> <td nowrap="nowrap" style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt;"> </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt;">$</td> <td style="width: 9%; text-align: right; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt;"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">-</div></td> <td nowrap="nowrap" style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt;"> </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt;">$</td> <td style="width: 9%; text-align: right; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt;"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">(38</div></td> <td nowrap="nowrap" style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt;"> <div style=" font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:left;">)</div> </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt;">$</td> <td style="width: 9%; text-align: right; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt;"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">133</div></td> <td nowrap="nowrap" style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt;"> </td> </tr> <tr style="vertical-align: bottom; background-color: rgb(255, 255, 255);"> <td> </td> <td> </td> <td> </td> <td> </td> <td> </td> <td> </td> <td> </td> <td> </td> <td> </td> <td> </td> <td> </td> <td> </td> <td> </td> <td> </td> <td> </td> <td> </td> <td> </td> <td> </td> <td> </td> <td> </td> <td> </td> </tr> <tr style="vertical-align: bottom; background-color: rgb(204, 238, 255);"> <td> </td> <td> </td> <td> </td> <td> </td> <td> </td> <td> </td> <td> </td> <td> </td> <td> </td> <td> </td> <td> </td> <td> </td> <td> </td> <td> </td> <td> </td> <td> </td> <td> </td> <td> </td> <td> </td> <td> </td> <td> </td> </tr> <tr style="vertical-align: bottom; background-color: rgb(255, 255, 255);"> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt;"> <div style=" font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="display: inline; font-weight: bold;">Year ended December 31, 2017:</div></div> </td> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt;"><div style="display: inline; font-weight: bold;"> </div></td> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt;"><div style="display: inline; font-weight: bold;"> </div></td> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt;"><div style="display: inline; font-weight: bold;"> </div></td> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt;"><div style="display: inline; font-weight: bold;"> </div></td> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt;"><div style="display: inline; font-weight: bold;"> </div></td> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt;"><div style="display: inline; font-weight: bold;"> </div></td> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt;"><div style="display: inline; font-weight: bold;"> </div></td> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt;"><div style="display: inline; font-weight: bold;"> </div></td> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt;"><div style="display: inline; font-weight: bold;"> </div></td> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt;"><div style="display: inline; font-weight: bold;"> </div></td> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt;"><div style="display: inline; font-weight: bold;"> </div></td> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt;"><div style="display: inline; font-weight: bold;"> </div></td> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt;"><div style="display: inline; font-weight: bold;"> </div></td> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt;"><div style="display: inline; font-weight: bold;"> </div></td> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt;"><div style="display: inline; font-weight: bold;"> </div></td> </tr> <tr style="vertical-align: bottom; background-color: rgb(204, 238, 255);"> <td> </td> <td> </td> <td> </td> <td> </td> <td> </td> <td> </td> <td> </td> <td> </td> <td> </td> <td> </td> <td> </td> <td> </td> <td> </td> <td> </td> <td> </td> <td> </td> <td> </td> <td> </td> <td> </td> <td> </td> <td> </td> </tr> <tr style="vertical-align: bottom; background-color: rgb(255, 255, 255);"> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt;"> <div style=" font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt;">Allowance for doubtful accounts</div> </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt;">$</td> <td style="width: 9%; text-align: right; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt;"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">487</div></td> <td nowrap="nowrap" style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt;"> </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt;">$</td> <td style="width: 9%; text-align: right; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt;"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">109</div></td> <td nowrap="nowrap" style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt;"> </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt;">$</td> <td style="width: 9%; text-align: right; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt;"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">-</div></td> <td nowrap="nowrap" style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt;"> </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt;">$</td> <td style="width: 9%; text-align: right; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt;"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">(457</div></td> <td nowrap="nowrap" style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt;"> <div style=" font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:left;">)</div> </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt;">$</td> <td style="width: 9%; text-align: right; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt;"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">139</div></td> <td nowrap="nowrap" style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt;"> </td> </tr> <tr style="vertical-align: bottom; background-color: rgb(204, 238, 255);"> <td> </td> <td> </td> <td> </td> <td> </td> <td> </td> <td> </td> <td> </td> <td> </td> <td> </td> <td> </td> <td> </td> <td> </td> <td> </td> <td> </td> <td> </td> <td> </td> <td> </td> <td> </td> <td> </td> <td> </td> <td> </td> </tr> <tr style="vertical-align: bottom; background-color: rgb(255, 255, 255);"> <td> </td> <td> </td> <td> </td> <td> </td> <td> </td> <td> </td> <td> </td> <td> </td> <td> </td> <td> </td> <td> </td> <td> </td> <td> </td> <td> </td> <td> </td> <td> </td> <td> </td> <td> </td> <td> </td> <td> </td> <td> </td> </tr> <tr style="vertical-align: bottom; background-color: rgb(204, 238, 255);"> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt;"> <div style=" font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="display: inline; font-weight: bold;">Year ended December 31, 2016:</div></div> </td> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt;"><div style="display: inline; font-weight: bold;"> </div></td> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt;"><div style="display: inline; font-weight: bold;"> </div></td> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt;"><div style="display: inline; font-weight: bold;"> </div></td> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt;"><div style="display: inline; font-weight: bold;"> </div></td> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt;"><div style="display: inline; font-weight: bold;"> </div></td> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt;"><div style="display: inline; font-weight: bold;"> </div></td> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt;"><div style="display: inline; font-weight: bold;"> </div></td> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt;"><div style="display: inline; font-weight: bold;"> </div></td> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt;"><div style="display: inline; font-weight: bold;"> </div></td> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt;"><div style="display: inline; font-weight: bold;"> </div></td> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt;"><div style="display: inline; font-weight: bold;"> </div></td> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt;"><div style="display: inline; font-weight: bold;"> </div></td> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt;"><div style="display: inline; font-weight: bold;"> </div></td> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt;"><div style="display: inline; font-weight: bold;"> </div></td> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt;"><div style="display: inline; font-weight: bold;"> </div></td> </tr> <tr style="vertical-align: bottom; background-color: rgb(255, 255, 255);"> <td> </td> <td> </td> <td> </td> <td> </td> <td> </td> <td> </td> <td> </td> <td> </td> <td> </td> <td> </td> <td> </td> <td> </td> <td> </td> <td> </td> <td> </td> <td> </td> <td> </td> <td> </td> <td> </td> <td> </td> <td> </td> </tr> <tr style="vertical-align: bottom; background-color: rgb(204, 238, 255);"> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt;"> <div style=" font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt;">Allowance for doubtful accounts</div> </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt;">$</td> <td style="width: 9%; text-align: right; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt;"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">130</div></td> <td nowrap="nowrap" style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt;"> </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt;">$</td> <td style="width: 9%; text-align: right; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt;"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">368</div></td> <td nowrap="nowrap" style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt;"> </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt;">$</td> <td style="width: 9%; text-align: right; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt;"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">-</div></td> <td nowrap="nowrap" style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt;"> </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt;">$</td> <td style="width: 9%; text-align: right; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt;"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">(11</div></td> <td nowrap="nowrap" style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt;"> <div style=" font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:left;">)</div> </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt;">$</td> <td style="width: 9%; text-align: right; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt;"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">487</div></td> <td nowrap="nowrap" style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt;"> </td> </tr> </table></div>

Note 1 - General and Summary of Accounting Policies 1 (Details Textual)	12 Months Ended
	Dec. 31, 2018 USD ($)	Dec. 31, 2017 USD ($)	Dec. 31, 2016 USD ($)	Jan. 01, 2019 USD ($)
Number of Reportable Segments	3
Interest Paid, Including Capitalized Interest, Operating and Investing Activities, Total	$ 630,000	$ 619,000	$ 309,000
Income Taxes Paid, Net, Total	5,054,000	0	$ 2,232,000
Stock Issued	$ 1,950
Subsequent Event [Member] \| Accounting Standards Update 2016-02 [Member]
Operating Lease, Right-of-Use Asset				$ 13,600,000
Cumulative Effect of New Accounting Principle in Period of Adoption				200,000
Subsequent Event [Member] \| Accounting Standards Update 2016-02 [Member] \| Retained Earnings [Member]
Finance Lease, Right-of-Use Asset				$ 700,000
Smeal Acquisition [Member]
Accounts Receivable, Amount Forgiven		$ 7,391,000
Building and Building Improvements [Member]
Property, Plant and Equipment, Useful Life	20 years
Machinery and Equipment [Member] \| Minimum [Member]
Property, Plant and Equipment, Useful Life	3 years
Machinery and Equipment [Member] \| Maximum [Member]
Property, Plant and Equipment, Useful Life	15 years
Furniture and Fixtures [Member] \| Minimum [Member]
Property, Plant and Equipment, Useful Life	3 years
Furniture and Fixtures [Member] \| Maximum [Member]
Property, Plant and Equipment, Useful Life	7 years
Vehicles [Member] \| Minimum [Member]
Property, Plant and Equipment, Useful Life	3 years
Vehicles [Member] \| Maximum [Member]
Property, Plant and Equipment, Useful Life	5 years
Spartan-Gimaex Joint Venture [Member]
Noncontrolling Interest, Ownership Percentage by Parent	50.00%

Note 1 - General and Summary of Accounting Policies 2 (Details Textual)

Dec. 31, 2018

USD ($)

Short-term Contract with Customer [Member] | Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2019-01-01

$ 473,864,000

Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Period

$ 467,990,000

^[1]

1 year

Extended Warranties [Member] | Short-term Contract with Customer [Member] | Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2019-01-01

Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Period

$ 190,000

1 year

Extended Warranties [Member] | Short-term Contract with Customer [Member] | Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2020-01-01

Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Period

$ 650,000

Roadside Assistance Contract [Member] | Short-term Contract with Customer [Member] | Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2019-01-01

Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Period

$ 35,000

1 year

Roadside Assistance Contract [Member] | Short-term Contract with Customer [Member] | Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2020-01-01

Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Period

$ 32,000

[1]	Revenue above includes amounts related to extended warranties and roadside assistance contracts of $190 and $35 for one to 12 months and $650 and $32 for 13 months and beyond, respectively.

Note 1 - General and Summary of Accounting Policies - Impacts of Adoption of New Revenue Standard (Details) - USD ($) $ in Thousands	3 Months Ended								12 Months Ended
	Dec. 31, 2018	Sep. 30, 2018	Jun. 30, 2018	Mar. 31, 2018	Dec. 31, 2017	Sep. 30, 2017	Jun. 30, 2017	Mar. 31, 2017	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016	Jan. 01, 2018
Sales	$ 232,961	$ 226,183	$ 183,981	$ 173,038	$ 181,068	$ 189,215	$ 169,739	$ 167,075	$ 816,164	$ 707,098	$ 590,777
Cost of products sold	209,150								717,607	617,655	518,113
Taxes (benefit)	(266)								2,261	90	100
Net income	1,833								15,012	15,934	$ 8,603
Contract assets	36,027								36,027			$ 30,559
Inventories	69,992				77,692				69,992	77,692		44,759
Net deferred tax asset	7,141				7,284				7,141	7,284		6,387
Deposits from customers	22,632				25,422				22,632	25,422		18,188
Other current liabilities and accrued expenses	12,396				12,071				12,396	12,071		12,366
Retained earnings	103,571				$ 88,855				103,571	$ 88,855		92,523
Accounting Standards Update 2014-09 [Member]
Contract assets												30,559
Inventories												(32,933)
Net deferred tax asset												(897)
Deposits from customers												(7,234)
Other current liabilities and accrued expenses												295
Retained earnings												$ 3,668
Calculated under Revenue Guidance in Effect before Topic 606 [Member]
Sales	240,182								828,988
Cost of products sold	215,145								730,010
Taxes (benefit)	35								2,335
Net income	2,759								15,359
Contract assets
Inventories	107,147								107,147
Net deferred tax asset	8,038								8,038
Deposits from customers	30,150								30,150
Other current liabilities and accrued expenses	12,173								12,173
Retained earnings	100,250								100,250
Difference between Revenue Guidance in Effect before and after Topic 606 [Member] \| Accounting Standards Update 2014-09 [Member]
Sales	(7,221)								(12,824)
Cost of products sold	(5,995)								(12,403)
Taxes (benefit)	(301)								(74)
Net income	(9,265)								(347)
Contract assets	34,076								34,076
Inventories	(37,155)								(37,155)
Net deferred tax asset	(897)								(897)
Deposits from customers	(7,518)								(7,518)
Other current liabilities and accrued expenses	223								223
Retained earnings	$ 3,321								$ 3,321

Note 1 - General and Summary of Accounting Policies - Contract Assets and Liabilities (Details) $ in Thousands	12 Months Ended
	Dec. 31, 2018 USD ($)
Opening balance, contract assets	$ 30,559
Reclassification of the beginning contract assets to receivables, as the result of rights to consideration becoming unconditional	(30,559)
Contract assets recognized, net of reclassification to receivables	34,076
Net change, contract assets	3,517
Ending balance, contract assets	34,076
Opening balance, contract liabilities	18,188
Reclassification of the beginning contract liabilities to revenue, as the result of performance obligations satisfied	(15,490)
Cash received in advance and not recognized as revenue	19,934
Net change, contract liabilities	4,444
Ending balance, contract liabilities	$ 22,632

Note 1 - General and Summary of Accounting Policies - Revenue Expected to Be Recognized 2 (Details)
$ in Thousands

Dec. 31, 2018

USD ($)

Short-term Contract with Customer [Member] | Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2019-01-01

$ 473,864

Long-term Contract with Customer [Member] | Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2020-01-01

467,990

^[1]

Fleet Vehicles and Services [Member]

5,874

^[1]

Fleet Vehicles and Services [Member] | Short-term Contract with Customer [Member] | Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2019-01-01

218,775

Fleet Vehicles and Services [Member] | Long-term Contract with Customer [Member] | Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2020-01-01

218,775

^[1]

Emergency Response Vehicles [Member]

^[1]

Emergency Response Vehicles [Member] | Short-term Contract with Customer [Member] | Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2019-01-01

217,366

Emergency Response Vehicles [Member] | Long-term Contract with Customer [Member] | Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2020-01-01

211,524

^[1]

Specialty Chassis and Vehicles [Member]

5,842

^[1]

Specialty Chassis and Vehicles [Member] | Short-term Contract with Customer [Member] | Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2019-01-01

37,723

Specialty Chassis and Vehicles [Member] | Long-term Contract with Customer [Member] | Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2020-01-01

37,691

^[1]

Letters of Credit Outstanding, Amount

$ 32

^[1]

[1]	Revenue above includes amounts related to extended warranties and roadside assistance contracts of $190 and $35 for one to 12 months and $650 and $32 for 13 months and beyond, respectively.

Note 1 - General and Summary of Accounting Policies - Disaggregated Revenue (Details) - USD ($) $ in Thousands	3 Months Ended								12 Months Ended
	Dec. 31, 2018	Sep. 30, 2018	Jun. 30, 2018	Mar. 31, 2018	Dec. 31, 2017	Sep. 30, 2017	Jun. 30, 2017	Mar. 31, 2017	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Revenues	$ 232,961	$ 226,183	$ 183,981	$ 173,038	$ 181,068	$ 189,215	$ 169,739	$ 167,075	$ 816,164	$ 707,098	$ 590,777
Transferred at Point in Time [Member]
Revenues									295,167	707,098	590,777
Transferred over Time [Member]
Revenues									520,997
Operating Segments [Member]
Revenues									826,385	712,755	596,124
Operating Segments [Member] \| Transferred at Point in Time [Member]
Revenues									295,167	712,755	596,124
Operating Segments [Member] \| Transferred over Time [Member]
Revenues									531,218
Consolidation, Eliminations [Member]
Revenues									(10,221)	(5,657)	(5,347)
Consolidation, Eliminations [Member] \| Transferred at Point in Time [Member]
Revenues										(5,657)	(5,347)
Consolidation, Eliminations [Member] \| Transferred over Time [Member]
Revenues									(10,221)
Fleet Vehicles and Services [Member] \| Operating Segments [Member]
Revenues									387,549	251,095	278,389
Fleet Vehicles and Services [Member] \| Operating Segments [Member] \| Transferred at Point in Time [Member]
Revenues									113,576	251,095	278,389
Fleet Vehicles and Services [Member] \| Operating Segments [Member] \| Transferred over Time [Member]
Revenues									273,973
Emergency Response Vehicles [Member] \| Operating Segments [Member]
Revenues									245,637	302,850	182,981
Emergency Response Vehicles [Member] \| Operating Segments [Member] \| Transferred at Point in Time [Member]
Revenues									21,183	302,850	182,981
Emergency Response Vehicles [Member] \| Operating Segments [Member] \| Transferred over Time [Member]
Revenues									224,454
Specialty Chassis and Vehicles [Member] \| Operating Segments [Member]
Revenues									193,199	158,810	134,754
Specialty Chassis and Vehicles [Member] \| Operating Segments [Member] \| Transferred at Point in Time [Member]
Revenues									160,408	158,810	134,754
Specialty Chassis and Vehicles [Member] \| Operating Segments [Member] \| Transferred over Time [Member]
Revenues									32,791
UNITED STATES
Revenues									756,577	625,941	559,061
UNITED STATES \| Operating Segments [Member]
Revenues									766,798	631,598	564,408
UNITED STATES \| Consolidation, Eliminations [Member]
Revenues									(10,221)	(5,657)	(5,347)
UNITED STATES \| Fleet Vehicles and Services [Member] \| Operating Segments [Member]
Revenues									367,730	238,267	272,389
UNITED STATES \| Emergency Response Vehicles [Member] \| Operating Segments [Member]
Revenues									207,254	235,085	158,195
UNITED STATES \| Specialty Chassis and Vehicles [Member] \| Operating Segments [Member]
Revenues									191,814	158,246	134,125
Non-US [Member]
Revenues									59,587	81,157	31,716
Non-US [Member] \| Operating Segments [Member]
Revenues									59,587	81,157	31,716
Non-US [Member] \| Consolidation, Eliminations [Member]
Revenues
Non-US [Member] \| Fleet Vehicles and Services [Member] \| Operating Segments [Member]
Revenues									19,819	12,828	6,301
Non-US [Member] \| Emergency Response Vehicles [Member] \| Operating Segments [Member]
Revenues									38,383	67,765	24,786
Non-US [Member] \| Specialty Chassis and Vehicles [Member] \| Operating Segments [Member]
Revenues									$ 1,385	$ 564	$ 629

Note 2 - Acquisition Activities (Details Textual) - USD ($) $ in Thousands			12 Months Ended
	Dec. 17, 2018	Jan. 01, 2017	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Goodwill, Ending Balance			$ 33,823	$ 27,417	$ 15,961
Payments to Acquire Businesses, Net of Cash Acquired, Total			5,200	28,903
Strobes-R-Us Inc. [Member]
Business Combination, Consideration Transferred, Total	$ 9,982
Payments to Acquire Businesses, Gross	5,200
Business Combination, Consideration Transferred, Equity Interests Issued and Issuable	1,950
Business Combination, Consideration Transferred, Liabilities Incurred	2,832
Goodwill, Ending Balance	6,406
Business Combination, Contingent Consideration Arrangements, Range of Outcomes, Value, High	3,250
Business Combination, Contingent Consideration, Liability, Total	$ 2,832
Business Combination, Contingent Consideration, Liability, Discount Rate	4.70%
Goodwill, Acquired During Period			6,406
Smeal Acquisition [Member]
Business Combination, Consideration Transferred, Total		$ 41,513
Goodwill, Ending Balance		11,456
Business Combination, Contingent Consideration, Liability, Total		701
Payments to Acquire Businesses, Net of Cash Acquired, Total		28,903
Cash Acquired from Acquisition		3,825
Business Combination, Consideration Transferred, Forgiveness of Liabilities		7,391
Goodwill, Acquired During Period		$ 11,456		11,456
Goodwill, Purchase Accounting Adjustments				$ 1,787

Note 2 - Acquisition Activities - Purchase Price Allocation (Details) - USD ($) $ in Thousands	Dec. 31, 2018	Dec. 17, 2018	Jan. 01, 2018	Dec. 31, 2017	Jan. 01, 2017	Dec. 31, 2016
Goodwill, Ending Balance	$ 33,823			$ 27,417		$ 15,961
Strobes-R-Us Inc. [Member]
Accounts receivable		$ 1,165
Inventory		893
Other current assets		3
Property, plant and equipment		1,942
Goodwill, Ending Balance		6,406
Total assets acquired		10,409
Accounts payable		382
Other current liabilities		45
Total liabilities assumed		427
Total purchase price		$ 9,982
Smeal Acquisition [Member]
Accounts receivable					$ 6,523
Inventory					61,716
Other current assets					662
Property, plant and equipment					5,773
Goodwill, Ending Balance					11,456
Total assets acquired					93,855
Accounts payable					3,941
Other current liabilities					1,783
Total liabilities assumed					52,342
Total purchase price					41,513
Cash					3,825
Intangible assets			$ 3,900		3,900
Customer prepayments					42,929
Accrued warranty					$ 3,689

Note 3 - Inventories - Summary of Inventories (Details) - USD ($) $ in Thousands	Dec. 31, 2018	Jan. 01, 2018	Dec. 31, 2017
Finished goods	$ 14,696		$ 15,539
Work in process	5,926		15,980
Raw materials and purchased components	52,474		49,159
Reserve for slow-moving inventory	(3,104)		(2,986)
Total Inventory	$ 69,992	$ 44,759	$ 77,692

Note 4 - Restructuring Charges - Restructuring Charges Included in Consolidated Statements of Operations (Details) - USD ($) $ in Thousands	3 Months Ended								12 Months Ended
	Dec. 31, 2018	Sep. 30, 2018	Jun. 30, 2018	Mar. 31, 2018	Dec. 31, 2017	Sep. 30, 2017	Jun. 30, 2017	Mar. 31, 2017	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Restructuring charges, cost of products sold									$ 302	$ 208	$ 136
Restructuring charges, general and administrative	$ 414	$ 501	$ 797	$ 20	$ 52	$ 232	$ 325	$ 642	1,429	1,044	959
Total restructuring									1,731	1,252
Restructuring Charges, Total	$ 414	$ 501	$ 797	$ 20	$ 52	$ 232	$ 325	$ 642	1,429	1,044	959
Total restructuring									1,731	1,252
Accrual Of Severance [Member]
Restructuring charges, cost of products sold									31	170
Restructuring charges, general and administrative									1,147	1,044
Restructuring Charges, Total									1,147	1,044
Production Relocation Costs [Member]
Restructuring charges, cost of products sold									271
Restructuring charges, general and administrative									282	38
Restructuring Charges, Total									282	38
Employee Severance [Member]
Restructuring charges, general and administrative											0
Restructuring Charges, Total											0
Fleet Vehicles and Services [Member]
Restructuring charges, general and administrative
Total restructuring										644
Restructuring Charges, Total
Total restructuring										644
Fleet Vehicles and Services [Member] \| Accrual Of Severance [Member]
Restructuring charges, cost of products sold										97
Restructuring charges, general and administrative										547
Restructuring Charges, Total										547
Fleet Vehicles and Services [Member] \| Production Relocation Costs [Member]
Restructuring charges, cost of products sold
Restructuring charges, general and administrative
Restructuring Charges, Total
Emergency Response Vehicles [Member]
Restructuring charges, cost of products sold											136
Restructuring charges, general and administrative									779		959
Total restructuring									1,065	448	1,095
Restructuring Charges, Total									779		959
Total restructuring									1,065	448	1,095
Emergency Response Vehicles [Member] \| Accrual Of Severance [Member]
Restructuring charges, cost of products sold									15	43
Restructuring charges, general and administrative									497	367
Restructuring Charges, Total									497	367
Emergency Response Vehicles [Member] \| Production Relocation Costs [Member]
Restructuring charges, cost of products sold									271		136
Restructuring charges, general and administrative									282	38
Restructuring Charges, Total									282	38
Emergency Response Vehicles [Member] \| Employee Severance [Member]
Restructuring charges, cost of products sold
Restructuring charges, general and administrative
Restructuring Charges, Total
Emergency Response Vehicles [Member] \| Manufacturing Process Reengineering [Member]
Restructuring charges, general and administrative											959
Restructuring Charges, Total											$ 959
Specialty Chassis and Vehicles [Member]
Restructuring charges, general and administrative									164
Total restructuring									180	109
Restructuring Charges, Total									164
Total restructuring									180	109
Specialty Chassis and Vehicles [Member] \| Accrual Of Severance [Member]
Restructuring charges, cost of products sold									16	30
Restructuring charges, general and administrative									164	79
Restructuring Charges, Total									164	79
Specialty Chassis and Vehicles [Member] \| Production Relocation Costs [Member]
Restructuring charges, cost of products sold
Restructuring charges, general and administrative
Restructuring Charges, Total
Other Segments [Member]
Restructuring charges, general and administrative									486
Total restructuring									486	51
Restructuring Charges, Total									486
Total restructuring									486	51
Other Segments [Member] \| Accrual Of Severance [Member]
Restructuring charges, cost of products sold
Restructuring charges, general and administrative									486	51
Restructuring Charges, Total									486	51
Other Segments [Member] \| Production Relocation Costs [Member]
Restructuring charges, cost of products sold
Restructuring charges, general and administrative
Restructuring Charges, Total

Note 4 - Restructuring Charges - Summary of Compensation Related Charges (Details) - USD ($) $ in Thousands	3 Months Ended
	Dec. 31, 2018	Sep. 30, 2018	Jun. 30, 2018	Mar. 31, 2018	Dec. 31, 2017	Sep. 30, 2017	Jun. 30, 2017	Mar. 31, 2017
Balance				$ 12
Accrual for severance	$ 6				$ 14
Payments and adjustments made in period	(309)				(95)
Balance	291				12
Employee Severance [Member]
Balance	$ 594	$ 797	$ 4	12	93	$ 227	$ 442
Accrual for severance		356	797	19		232	325	643
Payments and adjustments made in period		(559)	(4)	(27)		(366)	(540)	(201)
Balance		$ 594	$ 797	$ 4	$ 12	$ 93	$ 227	$ 442

Note 5 - Goodwill and Intangible Assets (Details Textual) - USD ($) $ in Thousands		3 Months Ended	12 Months Ended
	Oct. 01, 2018	Jun. 30, 2017	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016	Jan. 01, 2018	Jan. 01, 2017
Goodwill, Transfers		$ 638
Goodwill, Impairment Loss	$ 0
Increase in WACC Basis Points	4.00%
Amortization of Intangible Assets, Total			$ 816	858	$ 708
Unpatented Technology [Member]
Finite-Lived Intangible Asset, Useful Life			10 years
Smeal Acquisition [Member]
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Intangible Assets, Other than Goodwill, Total						$ 3,900	$ 3,900
Trade Names [Member] \| Utilimaster [Member]
Reporting Unit, Percentage of Fair Value in Excess of Carrying Amount	1758.00%
Increase in WACC Basis Points	10.00%
Impairment of Intangible Assets, Indefinite-lived (Excluding Goodwill)	$ 0
Trade Names [Member] \| Smeal Acquisition [Member]
Reporting Unit, Percentage of Fair Value in Excess of Carrying Amount	269.00%
Increase in WACC Basis Points	10.00%
Impairment of Intangible Assets, Indefinite-lived (Excluding Goodwill)	$ 0
Delivery and Service Vehicles [Member]
Goodwill, Transfers				(638)
Reporting Unit, Percentage of Fair Value in Excess of Carrying Amount	184.00%
Emergency Response Vehicles [Member]
Goodwill, Transfers
Reporting Unit, Percentage of Fair Value in Excess of Carrying Amount	36.00%
Reach [Member]
Reporting Unit, Percentage of Fair Value in Excess of Carrying Amount	378.00%

Note 5 - Goodwill and Intangible Assets - Goodwill by Reportable Segment (Details) - USD ($) $ in Thousands		3 Months Ended	12 Months Ended
	Jan. 01, 2017	Jun. 30, 2017	Dec. 31, 2018	Dec. 31, 2017
Goodwill, beginning of year	$ 15,961		$ 27,417	$ 15,961
Reassignment of goodwill		$ 638
Goodwill, end of year			33,823	27,417
Smeal Acquisition [Member]
Acquisition	11,456			11,456
Goodwill, end of year	11,456
Strobes-R-Us Inc. [Member]
Acquisition			6,406
Delivery and Service Vehicles [Member]
Goodwill, beginning of year	15,961		15,323	15,961
Reassignment of goodwill				(638)
Goodwill, end of year			21,729	15,323
Delivery and Service Vehicles [Member] \| Smeal Acquisition [Member]
Acquisition
Delivery and Service Vehicles [Member] \| Strobes-R-Us Inc. [Member]
Acquisition			6,406
Emergency Response Vehicles [Member]
Goodwill, beginning of year			11,456
Reassignment of goodwill
Goodwill, end of year			11,456	11,456
Emergency Response Vehicles [Member] \| Smeal Acquisition [Member]
Acquisition				11,456
Emergency Response Vehicles [Member] \| Strobes-R-Us Inc. [Member]
Acquisition
Specialty Chassis and Vehicles [Member]
Goodwill, beginning of year			638
Reassignment of goodwill				638
Goodwill, end of year			638	638
Specialty Chassis and Vehicles [Member] \| Smeal Acquisition [Member]
Acquisition
Specialty Chassis and Vehicles [Member] \| Strobes-R-Us Inc. [Member]
Acquisition

Note 5 - Goodwill and Intangible Assets - Other Intangible Assets (Details) - USD ($) $ in Thousands	Dec. 31, 2018	Dec. 31, 2017
Accumulated amortization, finite-lived	$ 6,909	$ 6,093
Net carrying amount, finite-lived	3,341
Gross carrying amount, intangible assets	15,520	15,520
Net carrying amount, intangible assets	8,611	9,427
Customer Relationships [Member]
Gross carrying amount, finite-lived	6,170	6,170
Accumulated amortization, finite-lived	4,029	3,709
Net carrying amount, finite-lived	2,141	2,461
Acquired Product Development Project [Member]
Gross carrying amount, finite-lived	1,860	1,860
Accumulated amortization, finite-lived	1,860	1,514
Net carrying amount, finite-lived		346
Unpatented Technology [Member]
Gross carrying amount, finite-lived	1,500	1,500
Accumulated amortization, finite-lived	300	150
Net carrying amount, finite-lived	1,200	1,350
Noncompete Agreements [Member]
Gross carrying amount, finite-lived	400	400
Accumulated amortization, finite-lived	400	400
Net carrying amount, finite-lived
Order or Production Backlog [Member]
Gross carrying amount, finite-lived	320	320
Accumulated amortization, finite-lived	320	320
Net carrying amount, finite-lived
Trade Names [Member]
Accumulated amortization, finite-lived
Gross carrying amount, indefinite-lived	$ 5,270	$ 5,270

Note 5 - Goodwill and Intangible Assets - Estimated Remaining Amortization Associated With Finite-lived Intangible Assets (Details) $ in Thousands	Dec. 31, 2018 USD ($)
2019	$ 449
2020	423
2021	399
2022	377
2023	357
Thereafter	1,336
Total	$ 3,341

Note 6 - Property, Plant and Equipment (Details Textual) - USD ($)	3 Months Ended	9 Months Ended	12 Months Ended
	Dec. 31, 2016	Sep. 30, 2016	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Depreciation, Total			$ 9,559,000	$ 9,055,000	$ 7,195,000
Interest Costs Capitalized			0	0
Impairment of Long-Lived Assets Held-for-use	$ 0		0	0
Cost Of Goods Sold [Member] \| Machinery & Equipment [Member]
Impairment of Long-Lived Assets Held-for-use		$ 406,000
Enterprise Resource Planning System [Member]
Construction in Progress, Gross			5,228,000	$ 790,000
Construction in Progress, Estimated Cost of Completion			$ 16,000

Note 6 - Property, Plant and Equipment - Summary of Property, Plant, and Equipment (Details) - USD ($) $ in Thousands	Dec. 31, 2018	Dec. 31, 2017
Property, plant and equipment, gross	$ 151,625	$ 140,899
Less accumulated depreciation	(95,058)	(85,722)
Total property, plant and equipment, net	56,567	55,177
Land and Land Improvements [Member]
Property, plant and equipment, gross	8,496	7,754
Building and Building Improvements [Member]
Property, plant and equipment, gross	68,142	66,227
Machinery and Equipment [Member]
Property, plant and equipment, gross	41,652	39,800
Furniture and Fixtures [Member]
Property, plant and equipment, gross	24,585	22,285
Vehicles [Member]
Property, plant and equipment, gross	3,084	3,063
Construction in Progress [Member]
Property, plant and equipment, gross	$ 5,666	$ 1,770

Note 7 - Leases (Details Textual) - USD ($) $ in Thousands	12 Months Ended
Note 7 - Leases (Details Textual) - USD ($) $ in Thousands	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Operating Leases, Rent Expense, Total	$ 3,309	$ 2,989	$ 3,086
Capital Leased Assets, Gross, Total	645
Capital Leases, Lessee Balance Sheet, Assets by Major Class, Accumulated Depreciation	$ 504

Note 7 - Leases - Future Minimum Operating Lease Commitments Under Non-cancelable Operating Lease (Details) $ in Thousands	Dec. 31, 2018 USD ($)
2019	$ 3,291
2020	2,831
2021	2,193
2022	1,849
2023	1,863
Thereafter	4,149
Total	$ 16,176

Note 7 - Leases - Future Minimum Capital Lease Commitments Under Non-cancelable Capital Leases (Details) $ in Thousands	Dec. 31, 2018 USD ($)
2019	$ 225
2020	194
2021	194
2022	133
2023	3
Thereafter
Total lease obligations, including imputed interest	749
Less imputed interest charges	(68)
Total outstanding capital lease obligations	$ 681

Note 8 - Taxes on Income (Details Textual) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2015
Adjustment to Additional Paid in Capital, Income Tax Effect from Share-based Compensation, Net, Total			$ 123
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent	21.00%	35.00%	34.00%
Income Tax Expense (Benefit), Continuing Operations, Adjustment of Deferred Tax (Asset) Liability	$ (373)	$ 2,963
Deferred Tax Assets, Operating Loss Carryforwards, State and Local	915	1,207
Deferred Tax Assets, Tax Credit Carryforwards, Total	506	317
Deferred Tax Assets, Valuation Allowance, Total	118	58
Unrecognized Tax Benefits, Ending Balance	827	565	$ 345	$ 349
Unrecognized Tax Benefits, Income Tax Penalties and Interest Accrued, Total	422
Unrecognized Tax Benefits Including Income Tax Penalties And Interest Accrued	1,249
Unrecognized Tax Benefits Including Income Tax Penalties And Interest Accrued, Current	597
Unrecognized Tax Benefits Including Income Tax Penalties And Interest Accrued, Noncurrent	652
Unrecognized Tax Benefits, Period Increase (Decrease), Total	143	94	$ 133
Domestic Tax Authority [Member]
Deferred Tax Assets, Tax Credit Carryforwards, Total	640	402
State and Local Jurisdiction [Member]
Deferred Tax Assets, Valuation Allowance, Total	$ 20	$ 58

Note 8 - Taxes on Income - Income Tax from Continuing Operations (Details) - USD ($) $ in Thousands	3 Months Ended	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Current (credit):
Federal		$ 2,037	$ 3,809	$ 2,203
State		912	255	563
Foreign		67
Total current		3,016	4,064	2,766
Deferred (credit):
Federal		(471)	(1,743)	(2,666)
State		(284)	(2,231)
Total deferred		(755)	(3,974)	(2,666)
Total taxes on income	$ (266)	$ 2,261	$ 90	$ 100

Note 8 - Taxes on Income - Income Tax Reconciliation (Details) - USD ($) $ in Thousands	3 Months Ended	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Federal income taxes at the statutory rate, amount		$ 3,627	$ 5,609	$ 2,959
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent		21.00%	35.00%	34.00%
State tax expense, net of federal income tax benefit, amount		$ 368	$ 547	$ 68
State tax expense, net of federal income tax benefit		2.13%	3.41%	0.78%
Deferred income tax re-measurement due to Tax Act, amount		$ (373)	$ 2,963
Deferred income tax re-measurement due to Tax Act		(2.16%)	18.49%
Other deferred income tax adjustment, amount		$ (46)	$ (241)	$ (51)
Other deferred income tax adjustment		(0.27%)	(1.50%)	(0.59%)
Non-deductible compensation, amount				$ 459
Non-deductible compensation				5.27%
Other nondeductible expenses, amount		$ 178	$ 156	$ 226
Other nondeductible expenses		1.03%	0.97%	2.60%
Foreign derived intangible income deduction, amount		$ (69)
Foreign derived intangible income deduction		(0.40%)
Domestic manufacturing deduction, amount			$ (504)
Domestic manufacturing deduction			(3.15%)
Stock based compensation, amount		$ (1,406)	$ (394)
Stock based compensation		(8.14%)	(2.46%)
Worthless stock deduction of dissolved subsidiary, amount			$ (966)
Worthless stock deduction of dissolved subsidiary			(6.03%)
Forfeiture of state net operating loss and credit carry-forwards from dissolution of subsidiary, amount			$ 3,039
Forfeiture of state net operating loss and credit carry-forwards from dissolution of subsidiary			18.97%
Foreign tax expense, amount		$ 67
Foreign tax expense		0.39%
Valuation allowance adjustment, amount		$ 60	$ (9,544)	$ (2,932)
Valuation allowance adjustment		0.35%	(59.56%)	(33.69%)
Unrecognized tax benefit adjustment, amount		$ 401	$ 314	$ 129
Unrecognized tax benefit adjustment		2.32%	1.96%	1.48%
Federal research and development tax credit, amount		$ (645)	$ (753)	$ (801)
Federal research and development tax credit		(3.73%)	(4.70%)	(9.20%)
Foreign tax credit, amount		$ (67)
Foreign tax credit		(0.39%)
Other, amount		$ 166	$ (136)	$ 43
Other		0.96%	(0.84%)	0.50%
Total taxes on income	$ (266)	$ 2,261	$ 90	$ 100
Total		13.09%	0.56%	1.15%

Note 8 - Taxes on Income - Deferred Income Taxes (Details) - USD ($) $ in Thousands	Dec. 31, 2018	Dec. 31, 2017
Deferred income tax assets:
Warranty reserve	$ 3,257	$ 3,595
Inventory costs and reserves	1,801	1,792
Contract assets	1,694
Stock based compensation	984	1,061
Net operating loss carry-forwards, net of federal income tax benefit	723	954
Compensation related accruals	589	663
Credit carry-forwards, net of federal income tax benefit	506	317
Vendor compensation		507
Other	611	409
Total deferred income tax assets	10,165	9,298
Deferred income tax liabilities:
Depreciation	(1,479)	(1,230)
Intangible assets	(1,205)	(574)
Prepaid expenses	(222)	(152)
Total deferred income tax liabilities	(2,906)	(1,956)
Net deferred income tax assets	7,259	7,342
Valuation allowance	(118)	(58)
Net deferred tax asset	$ 7,141	$ 7,284

Note 8 - Taxes on Income - Reconciliation of the Change in the Unrecognized Tax Benefits (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Balance at beginning of year	$ 565	$ 345	$ 349
Increase related to prior year tax positions	35	168
Decrease related to prior year tax positions			(24)
Increase related to current year tax positions	319	118	20
Expiration of statute	(92)	(66)
Balance at end of year	$ 827	$ 565	$ 345

Note 9 - Transactions with Major Customers - Information about Major Customers (Details) - Customer A [Member] - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017
Sales revenue, net	$ 17,232	$ 7,169
Accounts receivable	$ 70,954

Note 10 - Commitments and Contingent Liabilities (Details Textual) - USD ($)
$ in Thousands

Dec. 31, 2018

Dec. 31, 2017

$ 913

$ 754

Long-term Line of Credit, Total

^[1]

25,460

17,800

Letter of Credit [Member]

Line of Credit Facility, Maximum Borrowing Capacity

20,000

Revolving Credit Facility [Member] | GM [Member]

Line of Credit Facility, Capacity Available for Trade Purchases

10,000

Long-term Line of Credit, Total

$ 2,538

$ 57

[1]

On August 8, 2018, we entered into a Credit Agreement (the "Credit Agreement") by and among us, certain of our subsidiaries, Wells Fargo Bank, N.A., as administrative agent ("Wells Fargo"), and the lenders party thereto consisting of Wells Fargo, JPMorgan Chase Bank, N.A. and PNC Bank National Association (the "Lenders"). Under the Credit Agreement, we may borrow up to $150,000 from the Lenders under a five-year secured revolving credit facility. The credit facility matures August 8, 2023. We may also request an increase in the facility of up to $75,000 in the aggregate, subject to customary conditions. The credit facility is also available for the issuance of letters of credit of up to $20,000 and swing line loans of up to $15,000, subject to certain limitations and restrictions. This line carries an interest rate of either (i) the highest of prime rate, the federal funds effective rate from time to time plus 0.5%, or the one month adjusted LIBOR plus 1.0%; or (ii) adjusted LIBOR plus margin based upon our ratio of debt to earnings from time to time. During the quarter ended September 30, 2018, and in future years, our revolving credit facility was utilized, and will continue to be utilized, to finance commercial chassis received under chassis bailment inventory agreements with GM and Chrysler. This funding is reflected as a reduction of the revolving credit facility available to us equal to the amount drawn by GM and Chrysler. See Note 5, Commitments and Contingent Liabilities for further details about these chassis bailment inventory agreements. The applicable borrowing rate including margin was 3.43750% (or one-month LIBOR plus 1.25%) at September 30, 2018. The credit facility is secured by security interests in, and liens on, all assets of the borrowers, other than real property and certain other excluded assets. On December 1, 2017, we entered into a First Amendment to the Second Amended and Restated Credit Agreement (the "First Credit Agreement") by and among us, certain of our subsidiaries, Wells Fargo, and the lenders party thereto consisting of Wells Fargo, JPMorgan Chase Bank, N.A. and PNC Bank National Association. Under the First Credit Agreement, we were able to borrow up to $100,000 under a three-year unsecured revolving credit facility. The First Credit Agreement expired when the "Credit Agreement" was entered into on August 8, 2018. This line carried an interest rate of the higher of either (i) the highest of prime rate, the federal funds effective rate plus 0.5%, or the one month adjusted LIBOR plus 1.00%; or (ii) adjusted LIBOR plus margin based upon our ratio of debt to earnings from time to time.

Long-term Line of Credit, Total

The carrying value as of the balance sheet date of the current and noncurrent portions of long-term obligations drawn from a line of credit, which is a bank's commitment to make loans up to a specific amount. Examples of items that might be included in the application of this element may consist of letters of credit, standby letters of credit, and revolving credit arrangements, under which borrowings can be made up to a maximum amount as of any point in time conditional on satisfaction of specified terms before, as of and after the date of drawdowns on the line. Includes short-term obligations that would normally be classified as current liabilities but for which (a) postbalance sheet date issuance of a long term obligation to refinance the short term obligation on a long term basis, or (b) the enterprise has entered into a financing agreement that clearly permits the enterprise to refinance the short-term obligation on a long term basis and the following conditions are met (1) the agreement does not expire within 1 year and is not cancelable by the lender except for violation of an objectively determinable provision, (2) no violation exists at the BS date, and (3) the lender has entered into the financing agreement is expected to be financially capable of honoring the agreement.

+ References + Details

Note 10 - Commitments and Contingent Liabilities - Changes in Warranty Liability (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017
Balance of accrued warranty	$ 18,268	$ 19,334
Warranties issued during the period	7,470	7,539
Cash settlements made during the period	(10,838)	(13,854)
Changes in liability for pre-existing warranties during the period, including expirations	1,190	1,560
Assumed warranties outstanding at Smeal on January 1, 2017		3,689
Balance of accrued warranty	$ 16,090	$ 18,268

Note 11 - Compensation Incentive Plans (Details Textual) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Defined Contribution Plan Company Matching Contributions Vesting Period	5 years
Defined Contribution Plan, Employer Discretionary Contribution Amount	$ 2,286	$ 1,055	$ 796
Economic Value Add Plan [Member] \| Quarterly Bonus [Member]
Salary and Wage, NonOfficer, Excluding Cost of Good and Service Sold	2,063	2,193	3,298
Economic Value Add Plan [Member] \| Annual Bonus [Member]
Salary and Wage, NonOfficer, Excluding Cost of Good and Service Sold	$ 2,053	$ 4,890	$ 6,470

Note 12 - Debt (Details Textual) - USD ($) $ in Thousands			12 Months Ended
Note 12 - Debt (Details Textual) - USD ($) $ in Thousands	Aug. 08, 2018	Dec. 01, 2017	Dec. 31, 2018	Dec. 31, 2017
Line of Credit Facility, Current Borrowing Capacity			$ 86,410	$ 66,400
Letter of Credit [Member]
Line of Credit Facility, Maximum Borrowing Capacity			$ 20,000	$ 20,000
Lenders [Member] \| Revolving Credit Facility [Member]
Line of Credit Facility, Maximum Borrowing Capacity	$ 150,000
Debt Instrument, Term	5 years
Line of Credit Facility, Potential Increase Borrowing Capacity	$ 75,000
Debt Instrument Reference Rate Term	30 days
Line of Credit Facility, Interest Rate at Period End			3.8125%
Lenders [Member] \| Revolving Credit Facility [Member] \| Federal Funds Effective Swap Rate [Member]
Debt Instrument, Basis Spread on Variable Rate	0.50%
Lenders [Member] \| Revolving Credit Facility [Member] \| London Interbank Offered Rate (LIBOR) [Member]
Debt Instrument, Basis Spread on Variable Rate	1.00%		1.25%
Lenders [Member] \| Letter of Credit [Member]
Line of Credit Facility, Maximum Borrowing Capacity	$ 20,000
Lenders [Member] \| Swing Line Loans [Member]
Line of Credit Facility, Maximum Borrowing Capacity	$ 15,000
Wells Fargo, JPMorgan Chase Bank, N.A.and PNC Bank [Member] \| Revolving Credit Facility [Member]
Line of Credit Facility, Maximum Borrowing Capacity		$ 100,000
Debt Instrument, Term		3 years

Note 12 - Debt - Schedule of Long-term Debt (Details) - USD ($)
$ in Thousands

Dec. 31, 2018

Dec. 31, 2017

^[1]

$ 25,460

$ 17,800

Capital lease obligations (See Note 7 – Leases)

147

189

Total debt

25,607

17,989

Less current portion of long-term debt

(60)

(64)

Total long-term debt

$ 25,547

$ 17,925

[1]

+ References + Details

Note 13 - Stock Based Compensation (Details Textual) - USD ($)	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Share-based Compensation Arrangement by Share-based Payment Award, Number of Shares Authorized	2,856,250
Share-based Compensation Arrangement by Share-based Payment Award, Number of Shares Available for Grant	1,755,330
Share Based Compensation Exercisability Period		10 years
Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Gross	0	0	0
Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding, Number, Ending Balance		0
Share Based Compensation Arrangement By Share Based Payment Award SARs Exercises In Period Total Intrinsic Value	$ 0	$ 305,000	$ 14,000
Employee Stock Purchase Plan [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Number of Shares Authorized	750,000
Employee Stock Purchase Plan Discount	9.00%
Stock Issued During Period, Value, Employee Stock Purchase Plan	$ 214,000	$ 98,000	$ 86,000
Stock Issued During Period, Shares, Employee Stock Purchase Plans	20,000	9,000	13,000
Employee Stock Option [Member]
Allocated Share-based Compensation Expense, Total		$ 0
Stock Appreciation Rights (SARs) [Member]
Allocated Share-based Compensation Expense, Total		$ 0
Share-based Compensation Arrangement by Share-based Payment Award, Non-Option Equity Instruments, Granted	0	0	0
Share-based Compensation Arrangement by Share-based Payment Award, Non-Option Equity Instruments, Outstanding, Number, Ending Balance	0
Restricted Stock [Member]
Allocated Share-based Compensation Expense, Total	$ 4,027,000	$ 3,536,000	$ 1,536,000
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Grants in Period, Weighted Average Grant Date Fair Value	$ 9.96	$ 7.65	$ 4.01
Employee Service Share-based Compensation, Tax Benefit from Compensation Expense	$ 846,000	$ 1,238,000	$ 538,000
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Vested in Period, Fair Value	4,318,000	$ 1,356,000	$ 1,248,000
Employee Service Share-based Compensation, Nonvested Awards, Compensation Cost Not yet Recognized, Total	$ 5,119,000
Employee Service Share-based Compensation, Nonvested Awards, Compensation Cost Not yet Recognized, Period for Recognition	1 year 40 days
Restricted Stock [Member] \| Minimum [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Period	3 years
Restricted Stock [Member] \| Maximum [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Period	5 years

Note 13 - Stock Based Compensation - Restricted Stock Activity (Details) - Restricted Stock [Member] - $ / shares shares in Thousands	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Balance, non-vested shares outstanding (in shares)	1,128
Balance, non-vested shares outstanding, weighted average grant date fair value (in dollars per share)	$ 6.53
Granted (in shares)	593
Granted (in dollars per share)	$ 9.96	$ 7.65	$ 4.01
Vested (in shares)	(629)
Vested (in dollars per share)	$ 10.14
Forfeited (in shares)	(115)
Forfeited (in dollars per share)	$ 6.86
Balance, non-vested shares outstanding (in shares)	977	1,128
Balance, non-vested shares outstanding, weighted average grant date fair value (in dollars per share)	$ 7.97	$ 6.53
Balance, non-vested shares outstanding, weighted average remaining vesting life (Year)	1 year 40 days

Note 14 - Stockholders Equity - Summary of Stock Repurchased and Retired (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016	Apr. 28, 2016
Authorized amount (in shares)				1,000,000
Purchase value	$ 656		$ 2,000
Repurchase Program Approved October 2011 [Member]
Authorized amount (in shares)	1,000,000
Shares purchased (in shares)	90
Purchase value	$ 656
Remaining shares allowable to be purchased (in shares)	910,000

Note 15 - Earnings Per Share - Reconciliation of Basic Weighted Average Common Shares Outstanding to Diluted Weighted Average Shares Outstanding (Details) - shares shares in Thousands	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Basic weighted average common shares outstanding (in shares)	35,187	34,949	34,405
Diluted weighted average common shares outstanding (in shares)	35,187	34,949	34,405
Restricted Stock [Member]
Antidilutive stock awards:
Anti-dilutive stock awards (in shares)

Note 16 - Business Segments (Details Textual) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Number of Reportable Segments	3
Percent of Revenue Attributed to Foreign Countries	6.20%	11.50%	5.40%
Foreign Countries [Member]
Revenues, Total	$ 50,733	$ 81,157	$ 31,716

Note 16 - Business Segments - Segment Reporting Information (Details) - USD ($) $ in Thousands	3 Months Ended								12 Months Ended
	Dec. 31, 2018	Sep. 30, 2018	Jun. 30, 2018	Mar. 31, 2018	Dec. 31, 2017	Sep. 30, 2017	Jun. 30, 2017	Mar. 31, 2017	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Revenues	$ 232,961	$ 226,183	$ 183,981	$ 173,038	$ 181,068	$ 189,215	$ 169,739	$ 167,075	$ 816,164	$ 707,098	$ 590,777
Depreciation and amortization expense									10,370	9,937	7,903
Adjusted EBITDA									31,759	31,327	22,870
Segment assets	353,784				301,164				353,784	301,164	243,294
Capital expenditures									8,985	5,340	13,410
Utilmaster Vehicles [Member]
Revenues									297,627	207,666	206,248
Emergency Response Vehicles Sales [Member]
Revenues									235,059	293,559	175,730
Motorhome Chassis [Member]
Revenues									149,533	124,584	97,999
Other Specialty Vehicles [Member]
Revenues									22,570	18,416	21,074
Aftermarket Parts and Accessories Sales [Member]
Revenues									111,375	62,873	89,726
Operating Segments [Member]
Revenues									826,385	712,755	596,124
Operating Segments [Member] \| Fleet Vehicles and Services [Member]
Revenues									387,549	251,095	278,389
Depreciation and amortization expense									2,401	3,361	3,185
Adjusted EBITDA									26,680	26,958	31,237
Segment assets	117,508				60,550				117,508	60,550	65,277
Capital expenditures									1,859	562	2,011
Operating Segments [Member] \| Fleet Vehicles and Services [Member] \| Utilmaster Vehicles [Member]
Revenues									297,627	207,666	206,248
Operating Segments [Member] \| Fleet Vehicles and Services [Member] \| Emergency Response Vehicles Sales [Member]
Revenues
Operating Segments [Member] \| Fleet Vehicles and Services [Member] \| Motorhome Chassis [Member]
Revenues
Operating Segments [Member] \| Fleet Vehicles and Services [Member] \| Other Specialty Vehicles [Member]
Revenues
Operating Segments [Member] \| Fleet Vehicles and Services [Member] \| Aftermarket Parts and Accessories Sales [Member]
Revenues									89,922	43,429	72,141
Operating Segments [Member] \| Emergency Response Vehicles [Member]
Revenues									245,637	302,850	182,981
Depreciation and amortization expense									2,678	2,342	1,143
Adjusted EBITDA									1,030	3,192	(7,542)
Segment assets	125,338				133,546				125,338	133,546	77,887
Capital expenditures									510	1,364	1,558
Operating Segments [Member] \| Emergency Response Vehicles [Member] \| Utilmaster Vehicles [Member]
Revenues
Operating Segments [Member] \| Emergency Response Vehicles [Member] \| Emergency Response Vehicles Sales [Member]
Revenues									235,059	293,559	175,730
Operating Segments [Member] \| Emergency Response Vehicles [Member] \| Motorhome Chassis [Member]
Revenues
Operating Segments [Member] \| Emergency Response Vehicles [Member] \| Other Specialty Vehicles [Member]
Revenues
Operating Segments [Member] \| Emergency Response Vehicles [Member] \| Aftermarket Parts and Accessories Sales [Member]
Revenues									10,578	9,291	7,251
Operating Segments [Member] \| Specialty Chassis and Vehicles [Member]
Revenues									193,199	158,810	134,754
Depreciation and amortization expense									1,495	1,314	789
Adjusted EBITDA									18,732	14,058	8,334
Segment assets	32,621				33,700				32,621	33,700	28,825
Capital expenditures									116	386	6,842
Operating Segments [Member] \| Specialty Chassis and Vehicles [Member] \| Utilmaster Vehicles [Member]
Revenues									10,221	5,657	5,347
Operating Segments [Member] \| Specialty Chassis and Vehicles [Member] \| Emergency Response Vehicles Sales [Member]
Revenues
Operating Segments [Member] \| Specialty Chassis and Vehicles [Member] \| Motorhome Chassis [Member]
Revenues									149,533	124,584	97,999
Operating Segments [Member] \| Specialty Chassis and Vehicles [Member] \| Other Specialty Vehicles [Member]
Revenues									22,570	18,416	21,074
Operating Segments [Member] \| Specialty Chassis and Vehicles [Member] \| Aftermarket Parts and Accessories Sales [Member]
Revenues									10,875	10,153	10,334
Consolidation, Eliminations [Member]
Revenues									(10,221)	(5,657)	(5,347)
Consolidation, Eliminations [Member] \| Other Segments [Member]
Revenues									(10,221)	(5,657)	(5,347)
Depreciation and amortization expense									3,796	2,920	2,786
Adjusted EBITDA									(14,683)	(12,881)	(9,159)
Segment assets	$ 78,317				$ 73,368				78,317	73,368	71,305
Capital expenditures									6,500	3,028	2,999
Consolidation, Eliminations [Member] \| Other Segments [Member] \| Utilmaster Vehicles [Member]
Revenues									(10,221)	(5,657)	(5,347)
Consolidation, Eliminations [Member] \| Other Segments [Member] \| Emergency Response Vehicles Sales [Member]
Revenues
Consolidation, Eliminations [Member] \| Other Segments [Member] \| Motorhome Chassis [Member]
Revenues
Consolidation, Eliminations [Member] \| Other Segments [Member] \| Other Specialty Vehicles [Member]
Revenues
Consolidation, Eliminations [Member] \| Other Segments [Member] \| Aftermarket Parts and Accessories Sales [Member]
Revenues

Note 16 - Business Segments - Reconciliation of Adjusted EBITDA (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Consolidated income before taxes	$ 17,273	$ 16,024	$ 8,703
Interest expense	(1,080)	(864)	(410)
Depreciation and amortization expense	(10,370)	(9,937)	(7,903)
Restructuring and other charges	(1,881)	(1,252)	(1,095)
Acquisition expense	(1,952)	(1,354)	(882)
Impact of intercompany chassis shipments to Smeal		(2,073)
Recall expense	(46)	(368)	(3,457)
Impact of inventory fair value step-up		(189)
Joint venture expenses		(2)	(14)
Asset impairment			(406)
Long-term strategic planning expense	(995)
Litigation settlements	(447)
Impact of acquisition adjustments for net working capital and contingent liability	(2,193)
Total segment adjusted EBITDA	46,442	44,208	32,029
Corporate, Non-Segment [Member]
Unallocated corporate expenses	$ (14,683)	$ (12,881)	$ (9,159)

Note 18 - Quarterly Financial Data (Unaudited) - Summarized Quarterly Financial Data (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended								12 Months Ended
	Dec. 31, 2018	Sep. 30, 2018	Jun. 30, 2018	Mar. 31, 2018	Dec. 31, 2017	Sep. 30, 2017	Jun. 30, 2017	Mar. 31, 2017	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Sales	$ 232,961	$ 226,183	$ 183,981	$ 173,038	$ 181,068	$ 189,215	$ 169,739	$ 167,075	$ 816,164	$ 707,098	$ 590,777
Gross profit	23,534	26,193	26,369	22,158	24,689	28,651	19,501	16,394	98,255	89,235	72,528
Restructuring Charges, Total	414	501	797	20	52	232	325	642	1,429	1,044	959
Net earnings (loss) attributable to Spartan Motors, Inc.	$ 1,833	$ 5,243	$ 3,740	$ 4,194	$ 2,439	$ 13,470	$ 1,124	$ (1,098)	$ 15,012	$ 15,935	$ 8,610
Basic net earnings (loss) per share (in dollars per share)	$ 0.05	$ 0.15	$ 0.11	$ 0.12	$ 0.07	$ 0.38	$ 0.03	$ (0.03)	$ 0.43	$ 0.46	$ 0.25
Diluted net earnings (loss) per share (in dollars per share)	$ 0.05	$ 0.15	$ 0.11	$ 0.12	$ 0.07	$ 0.38	$ 0.03	$ (0.03)	$ 0.43	$ 0.46	$ 0.25

The amount of net income (loss) for the period per each share of common stock or unit outstanding during the reporting period.

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The amount of net income (loss) for the period available to each share of common stock or common unit outstanding during the reporting period and to each share or unit that would have been outstanding assuming the issuance of common shares or units for all dilutive potential common shares or units outstanding during the reporting period.

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