2024 Q1 Form 10-K Financial Statement

#000087952624000008 Filed on February 22, 2024

View on sec.gov

Income Statement

Concept 2024 Q1 2023 Q4 2023
Revenue $515.3M $596.1M $2.537B
YoY Change -17.02% -9.33% 1.37%
Cost Of Revenue $438.8M $487.9M $2.038B
YoY Change -13.09% -13.32% -6.48%
Gross Profit $76.45M $108.2M $498.2M
YoY Change -34.11% 14.4% 54.39%
Gross Profit Margin 14.84% 18.16% 19.64%
Selling, General & Admin $43.72M $43.83M $173.2M
YoY Change 1.84% 30.08% 23.57%
% of Gross Profit 57.18% 40.5% 34.76%
Research & Development $7.500M
YoY Change 41.51%
% of Gross Profit 1.51%
Depreciation & Amortization $12.74M $12.64M $45.32M
YoY Change 96.15% 30.2% 42.7%
% of Gross Profit 16.66% 11.67% 9.1%
Operating Expenses $46.87M $47.04M $186.0M
YoY Change 9.2% 27.56% 27.88%
Operating Profit $29.57M $61.19M $312.2M
YoY Change -57.69% 6.0% 87.34%
Interest Expense -$6.474M -$5.744M -$20.66M
YoY Change -229.64% 10.8% -200.64%
% of Operating Profit -21.89% -9.39% -6.62%
Other Income/Expense, Net $1.609M $1.687M $3.393M
YoY Change -134.93% 54.06% -116.79%
Pretax Income $24.71M $57.05M $294.7M
YoY Change -62.16% 6.76% 101.24%
Income Tax $6.423M $6.541M $62.83M
% Of Pretax Income 25.99% 11.47% 21.32%
Net Earnings $18.17M $50.38M $231.3M
YoY Change -64.53% 21.51% 106.0%
Net Earnings / Revenue 3.53% 8.45% 9.12%
Basic Earnings Per Share $0.40 $1.10 $4.92
Diluted Earnings Per Share $0.39 $1.07 $4.82
COMMON SHARES
Basic Shares Outstanding 45.09M shares 46.09M shares 47.01M shares
Diluted Shares Outstanding 46.25M shares 48.03M shares

Balance Sheet

Concept 2024 Q1 2023 Q4 2023
SHORT-TERM ASSETS
Cash & Short-Term Investments $115.8M $179.3M $179.3M
YoY Change 69.66% 207.79% 207.79%
Cash & Equivalents $115.8M $179.3M $179.3M
Short-Term Investments
Other Short-Term Assets $37.06M $51.46M $51.46M
YoY Change 484.59% 818.71% 57.99%
Inventory $278.6M $267.6M $267.6M
Prepaid Expenses
Receivables $247.7M $183.0M $183.0M
Other Receivables $8.420M $0.00 $0.00
Total Short-Term Assets $687.5M $681.4M $681.4M
YoY Change 0.67% 14.97% 14.97%
LONG-TERM ASSETS
Property, Plant & Equipment $367.5M $325.4M $325.4M
YoY Change 18.35% 10.65% 10.65%
Goodwill $188.4M $188.4M
YoY Change -0.01% -0.01%
Intangibles $83.26M $86.42M
YoY Change -13.29% -12.91%
Long-Term Investments $161.0K $1.647M $1.647M
YoY Change
Other Assets $51.66M $79.54M $79.54M
YoY Change -2.45% 52.61% 173.16%
Total Long-Term Assets $691.0M $681.5M $681.5M
YoY Change 10.35% 11.55% 11.55%
TOTAL ASSETS
Total Short-Term Assets $687.5M $681.4M $681.4M
Total Long-Term Assets $691.0M $681.5M $681.5M
Total Assets $1.379B $1.363B $1.363B
YoY Change 5.3% 13.24% 13.24%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $211.8M $156.6M $156.6M
YoY Change -15.46% -17.2% -17.2%
Accrued Expenses $92.01M $195.6M $195.6M
YoY Change -47.07% 23.54% 96.09%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $0.00 $0.00 $0.00
YoY Change
Total Short-Term Liabilities $368.6M $352.2M $352.2M
YoY Change -13.15% 1.36% 1.36%
LONG-TERM LIABILITIES
Long-Term Debt $396.6M $396.5M $396.5M
YoY Change 0.17% 0.16% 0.16%
Other Long-Term Liabilities $53.58M $47.03M $47.03M
YoY Change 49.18% 36.89% 36.89%
Total Long-Term Liabilities $450.2M $443.5M $443.5M
YoY Change 4.24% 3.1% 3.1%
TOTAL LIABILITIES
Total Short-Term Liabilities $368.6M $352.2M $352.2M
Total Long-Term Liabilities $450.2M $443.5M $443.5M
Total Liabilities $832.4M $813.3M $813.3M
YoY Change -5.83% 0.98% 0.92%
SHAREHOLDERS EQUITY
Retained Earnings $418.9M $403.9M
YoY Change 77.97% 114.58%
Common Stock
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost) $554.8M $532.7M
YoY Change 15.58% 16.7%
Treasury Stock Shares
Shareholders Equity $546.1M $549.5M $549.5M
YoY Change
Total Liabilities & Shareholders Equity $1.379B $1.363B $1.363B
YoY Change 5.3% 13.24% 13.24%

Cashflow Statement

Concept 2024 Q1 2023 Q4 2023
OPERATING ACTIVITIES
Net Income $18.17M $50.38M $231.3M
YoY Change -64.53% 21.51% 106.0%
Depreciation, Depletion And Amortization $12.74M $12.64M $45.32M
YoY Change 96.15% 30.2% 42.7%
Cash From Operating Activities -$17.41M $114.9M $319.5M
YoY Change -125.06% 121.25% 157.48%
INVESTING ACTIVITIES
Capital Expenditures $19.19M $14.60M $103.6M
YoY Change -38.95% -1.26% 81.53%
Acquisitions
YoY Change
Other Investing Activities -$2.296M -$2.296M
YoY Change -783.33% -228.92%
Cash From Investing Activities -$19.19M -$16.89M -$105.9M
YoY Change -38.95% 16.93% 91.53%
FINANCING ACTIVITIES
Cash Dividend Paid $4.151M $15.86M
YoY Change -8.79% -0.99%
Common Stock Issuance & Retirement, Net -$76.05M
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -26.89M -24.02M -92.54M
YoY Change -4.17% -60.44% 12.43%
NET CHANGE
Cash From Operating Activities -17.41M 114.9M 319.5M
Cash From Investing Activities -19.19M -16.89M -105.9M
Cash From Financing Activities -26.89M -24.02M -92.54M
Net Change In Cash -63.49M 73.98M 121.0M
YoY Change -734.85% -418.44% -994.3%
FREE CASH FLOW
Cash From Operating Activities -$17.41M $114.9M $319.5M
Capital Expenditures $19.19M $14.60M $103.6M
Free Cash Flow -$36.60M $100.3M $215.9M
YoY Change -196.15% 170.01% 222.19%

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CY2022 us-gaap Depreciation
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CY2022 us-gaap Gain Loss On Disposition Of Assets1
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CY2021 us-gaap Payments To Acquire Property Plant And Equipment
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5650000 usd
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ProceedsFromSaleOfPropertyPlantAndEquipmentAndBusinessDivestiture
154000 usd
CY2022 wnc Proceeds From Sale Of Property Plant And Equipment And Business Divestiture
ProceedsFromSaleOfPropertyPlantAndEquipmentAndBusinessDivestiture
1781000 usd
CY2021 wnc Proceeds From Sale Of Property Plant And Equipment And Business Divestiture
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2450000 usd
CY2022 us-gaap Payments To Acquire Equity Method Investments
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CY2021 us-gaap Payments Of Dividends
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CY2021 us-gaap Repayments Of Lines Of Credit
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CY2021 us-gaap Proceeds From Issuance Of Senior Long Term Debt
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CY2021 us-gaap Repayments Of Senior Debt
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CY2023 us-gaap Payments Of Debt Issuance Costs
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CY2022 us-gaap Payments Of Debt Issuance Costs
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CY2021 us-gaap Payments For Repurchase Of Equity
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CY2022 us-gaap Net Cash Provided By Used In Financing Activities
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CY2021 us-gaap Net Cash Provided By Used In Financing Activities
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121026000 usd
CY2022 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
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58245000 usd
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20131000 usd
CY2021 us-gaap Interest Paid Net
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22040000 usd
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82589000 usd
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Certain prior period amounts have been reclassified to conform to the current year presentation.
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<span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The preparation of consolidated financial statements in conformity with U.S. generally accepted accounting principles requires management to make estimates and assumptions that directly affect the amounts reported in its consolidated financial statements and accompanying notes. Actual results could differ from these estimates.</span>
CY2022Q4 us-gaap Allowance For Doubtful Accounts Receivable
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CY2023 us-gaap Provision For Doubtful Accounts
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651000 usd
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179000 usd
CY2021 us-gaap Provision For Doubtful Accounts
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AllowanceForDoubtfulAccountsReceivableWriteOffs
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CY2023Q4 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
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CY2022Q4 us-gaap Allowance For Doubtful Accounts Receivable
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428000 usd
CY2021Q4 us-gaap Allowance For Doubtful Accounts Receivable
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429000 usd
CY2023Q4 wnc Prepaid Chassis Converter Pool Agreements
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CY2022Q4 wnc Prepaid Chassis Converter Pool Agreements
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20345000 usd
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2358000 usd
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1511000 usd
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2674000 usd
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4895000 usd
CY2022Q4 us-gaap Other Assets Current
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5601000 usd
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51457000 usd
CY2022Q4 us-gaap Prepaid Expense And Other Assets Current
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1800000 usd
CY2021 us-gaap Capitalized Computer Software Amortization1
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1700000 usd
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22061000 usd
CY2021Q4 us-gaap Product Warranty Accrual
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22045000 usd
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3716000 usd
CY2022 us-gaap Product Warranty Accrual Warranties Issued
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2806000 usd
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4491000 usd
CY2022 us-gaap Product Warranty Accrual Payments
ProductWarrantyAccrualPayments
2790000 usd
CY2023Q4 us-gaap Product Warranty Accrual
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21286000 usd
CY2022Q4 us-gaap Product Warranty Accrual
ProductWarrantyAccrual
22061000 usd
CY2022Q4 us-gaap Self Insurance Reserve
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10718000 usd
CY2021Q4 us-gaap Self Insurance Reserve
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11152000 usd
CY2023 wnc Expenses From Self Insurance
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39890000 usd
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34891000 usd
CY2023Q4 us-gaap Self Insurance Reserve
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11311000 usd
CY2022Q4 us-gaap Self Insurance Reserve
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10718000 usd
CY2023 us-gaap Concentration Risk Credit Risk
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<span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Financial instruments that potentially subject us to significant concentrations of credit risk consist principally of cash, cash equivalents, and customer receivables. We place our cash and cash equivalents with high quality financial institutions. Generally, we do not require collateral or other security to support customer receivables.</span>
CY2023 us-gaap Research And Development Expense
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CY2022 us-gaap Research And Development Expense
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5300000 usd
CY2021 us-gaap Research And Development Expense
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13600000 usd
CY2023Q4 wnc Revenue Number Of Performance Obligations
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3 obligation
CY2023 us-gaap Number Of Reportable Segments
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2 segment
CY2023 us-gaap Number Of Operating Segments
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2 segment
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296843000 usd
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108400000 usd
CY2021Q4 us-gaap Goodwill
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188443000 usd
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108400000 usd
CY2022Q4 us-gaap Goodwill
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CY2023Q4 us-gaap Goodwill Gross
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296809000 usd
CY2023Q4 us-gaap Goodwill Impaired Accumulated Impairment Loss
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108400000 usd
CY2023Q4 us-gaap Goodwill
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188409000 usd
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12800000 usd
CY2022 us-gaap Amortization Of Intangible Assets
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15200000 usd
CY2021 us-gaap Amortization Of Intangible Assets
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22900000 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
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12200000 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
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11200000 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
10700000 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
10200000 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseYearFive
9700000 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Gross
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281724000 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
195306000 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
86418000 usd
CY2022Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
281724000 usd
CY2022Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
182493000 usd
CY2022Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
99231000 usd
CY2023Q4 us-gaap Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
14102000 usd
CY2022Q4 us-gaap Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
9983000 usd
CY2023Q4 us-gaap Other Inventory Net Of Reserves
OtherInventoryNetOfReserves
3370000 usd
CY2022Q4 us-gaap Minority Interest
MinorityInterest
512000 usd
CY2021Q4 us-gaap Minority Interest
MinorityInterest
0 usd
CY2020Q4 us-gaap Minority Interest
MinorityInterest
0 usd
CY2023 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
603000 usd
CY2022 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
512000 usd
CY2021 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
0 usd
CY2023 us-gaap Other Comprehensive Income Loss Before Tax Portion Attributable To Noncontrolling Interest
OtherComprehensiveIncomeLossBeforeTaxPortionAttributableToNoncontrollingInterest
0 usd
CY2022 us-gaap Other Comprehensive Income Loss Before Tax Portion Attributable To Noncontrolling Interest
OtherComprehensiveIncomeLossBeforeTaxPortionAttributableToNoncontrollingInterest
0 usd
CY2021 us-gaap Other Comprehensive Income Loss Before Tax Portion Attributable To Noncontrolling Interest
OtherComprehensiveIncomeLossBeforeTaxPortionAttributableToNoncontrollingInterest
0 usd
CY2023 us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
512000 usd
CY2022 us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
0 usd
CY2021 us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
0 usd
CY2023Q4 us-gaap Minority Interest
MinorityInterest
603000 usd
CY2022Q4 us-gaap Minority Interest
MinorityInterest
512000 usd
CY2021Q4 us-gaap Minority Interest
MinorityInterest
0 usd
CY2023Q4 us-gaap Inventory Raw Materials Net Of Reserves
InventoryRawMaterialsNetOfReserves
156314000 usd
CY2022Q4 us-gaap Inventory Raw Materials Net Of Reserves
InventoryRawMaterialsNetOfReserves
176080000 usd
CY2023Q4 us-gaap Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
86586000 usd
CY2022Q4 us-gaap Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
50005000 usd
CY2022Q4 us-gaap Other Inventory Net Of Reserves
OtherInventoryNetOfReserves
737000 usd
CY2023Q4 us-gaap Inventory Parts And Components Net Of Reserves
InventoryPartsAndComponentsNetOfReserves
7263000 usd
CY2022Q4 us-gaap Inventory Parts And Components Net Of Reserves
InventoryPartsAndComponentsNetOfReserves
7065000 usd
CY2023Q4 us-gaap Inventory Net
InventoryNet
267635000 usd
CY2022Q4 us-gaap Inventory Net
InventoryNet
243870000 usd
CY2023 wnc General And Administrative Expenses Cost Of Goods Sold Depreciation
GeneralAndAdministrativeExpensesCostOfGoodsSoldDepreciation
32500000 usd
CY2022 wnc General And Administrative Expenses Cost Of Goods Sold Depreciation
GeneralAndAdministrativeExpensesCostOfGoodsSoldDepreciation
31800000 usd
CY2021 wnc General And Administrative Expenses Cost Of Goods Sold Depreciation
GeneralAndAdministrativeExpensesCostOfGoodsSoldDepreciation
24300000 usd
CY2023Q4 us-gaap Property Plant And Equipment And Finance Lease Right Of Use Asset Before Accumulated Depreciation And Amortization
PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetBeforeAccumulatedDepreciationAndAmortization
670434000 usd
CY2022Q4 us-gaap Property Plant And Equipment And Finance Lease Right Of Use Asset Before Accumulated Depreciation And Amortization
PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetBeforeAccumulatedDepreciationAndAmortization
597148000 usd
CY2023Q4 us-gaap Property Plant And Equipment And Finance Lease Right Of Use Asset Accumulated Depreciation And Amortization
PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAccumulatedDepreciationAndAmortization
344990000 usd
CY2022Q4 us-gaap Property Plant And Equipment And Finance Lease Right Of Use Asset Accumulated Depreciation And Amortization
PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAccumulatedDepreciationAndAmortization
326032000 usd
CY2023Q4 us-gaap Property Plant And Equipment And Finance Lease Right Of Use Asset After Accumulated Depreciation And Amortization
PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAfterAccumulatedDepreciationAndAmortization
325444000 usd
CY2022Q4 us-gaap Property Plant And Equipment And Finance Lease Right Of Use Asset After Accumulated Depreciation And Amortization
PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAfterAccumulatedDepreciationAndAmortization
271116000 usd
CY2023Q4 us-gaap Contract With Customer Refund Liability Current
ContractWithCustomerRefundLiabilityCurrent
45586000 usd
CY2022Q4 us-gaap Contract With Customer Refund Liability Current
ContractWithCustomerRefundLiabilityCurrent
32129000 usd
CY2023Q4 wnc Chassis Converter Pool Liability Current
ChassisConverterPoolLiabilityCurrent
27312000 usd
CY2022Q4 wnc Chassis Converter Pool Liability Current
ChassisConverterPoolLiabilityCurrent
20345000 usd
CY2023Q4 us-gaap Product Warranty Accrual
ProductWarrantyAccrual
21286000 usd
CY2022Q4 us-gaap Product Warranty Accrual
ProductWarrantyAccrual
22061000 usd
CY2023Q4 us-gaap Accrued Payroll Taxes Current And Noncurrent
AccruedPayrollTaxesCurrentAndNoncurrent
40265000 usd
CY2022Q4 us-gaap Accrued Payroll Taxes Current And Noncurrent
AccruedPayrollTaxesCurrentAndNoncurrent
29219000 usd
CY2023Q4 us-gaap Self Insurance Reserve
SelfInsuranceReserve
11311000 usd
CY2022Q4 us-gaap Self Insurance Reserve
SelfInsuranceReserve
10718000 usd
CY2023Q4 us-gaap Accounts Payable And Accrued Liabilities Current And Noncurrent
AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent
3817000 usd
CY2022Q4 us-gaap Accounts Payable And Accrued Liabilities Current And Noncurrent
AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent
3854000 usd
CY2023Q4 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
9049000 usd
CY2022Q4 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
6120000 usd
CY2023Q4 us-gaap Accrued Income Taxes
AccruedIncomeTaxes
24662000 usd
CY2022Q4 us-gaap Accrued Income Taxes
AccruedIncomeTaxes
24793000 usd
CY2023Q4 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
12313000 usd
CY2022Q4 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
9088000 usd
CY2023Q4 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
195601000 usd
CY2022Q4 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
158327000 usd
CY2023Q4 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
400000000 usd
CY2022Q4 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
400000000 usd
CY2023Q4 us-gaap Debt Instrument Unamortized Discount
DebtInstrumentUnamortizedDiscount
3535000 usd
CY2022Q4 us-gaap Debt Instrument Unamortized Discount
DebtInstrumentUnamortizedDiscount
4182000 usd
CY2023Q4 us-gaap Long Term Debt Current
LongTermDebtCurrent
0 usd
CY2022Q4 us-gaap Long Term Debt Current
LongTermDebtCurrent
0 usd
CY2023Q4 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
396465000 usd
CY2022Q4 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
395818000 usd
CY2023Q4 us-gaap Derivative Notional Amount
DerivativeNotionalAmount
35700000 usd
CY2023Q4 us-gaap Derivative Assets Liabilities At Fair Value Net
DerivativeAssetsLiabilitiesAtFairValueNet
466000 usd
CY2022Q4 us-gaap Derivative Assets Liabilities At Fair Value Net
DerivativeAssetsLiabilitiesAtFairValueNet
1021000 usd
CY2023 us-gaap Derivative Instruments Gain Loss Reclassification From Accumulated Oci To Income Estimated Net Amount To Be Transferred
DerivativeInstrumentsGainLossReclassificationFromAccumulatedOCIToIncomeEstimatedNetAmountToBeTransferred
500000 usd
CY2023Q4 wnc Lessee Operating Lease Number Of Options To Renew
LesseeOperatingLeaseNumberOfOptionsToRenew
1 option
CY2023 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
13400000 usd
CY2022 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
16600000 usd
CY2023Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
32219000 usd
CY2022Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
23003000 usd
CY2023Q4 us-gaap Finance Lease Right Of Use Asset
FinanceLeaseRightOfUseAsset
0 usd
CY2022Q4 us-gaap Finance Lease Right Of Use Asset
FinanceLeaseRightOfUseAsset
0 usd
CY2023Q4 wnc Operating Leaseand Finance Lease Rightof Use Asset
OperatingLeaseandFinanceLeaseRightofUseAsset
32219000 usd
CY2022Q4 wnc Operating Leaseand Finance Lease Rightof Use Asset
OperatingLeaseandFinanceLeaseRightofUseAsset
23003000 usd
CY2023Q4 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
9049000 usd
CY2022Q4 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
6120000 usd
CY2023Q4 us-gaap Finance Lease Liability Current
FinanceLeaseLiabilityCurrent
0 usd
CY2022Q4 us-gaap Finance Lease Liability Current
FinanceLeaseLiabilityCurrent
0 usd
CY2023Q4 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
23170000 usd
CY2022Q4 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
16883000 usd
CY2023Q4 us-gaap Finance Lease Liability Noncurrent
FinanceLeaseLiabilityNoncurrent
0 usd
CY2022Q4 us-gaap Finance Lease Liability Noncurrent
FinanceLeaseLiabilityNoncurrent
0 usd
CY2023Q4 wnc Operating Leaseand Finance Lease Liability
OperatingLeaseandFinanceLeaseLiability
32219000 usd
CY2022Q4 wnc Operating Leaseand Finance Lease Liability
OperatingLeaseandFinanceLeaseLiability
23003000 usd
CY2023 us-gaap Operating Lease Cost
OperatingLeaseCost
8869000 usd
CY2022 us-gaap Operating Lease Cost
OperatingLeaseCost
5785000 usd
CY2023 us-gaap Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
0 usd
CY2022 us-gaap Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
36000 usd
CY2023 us-gaap Finance Lease Interest Expense
FinanceLeaseInterestExpense
0 usd
CY2022 us-gaap Finance Lease Interest Expense
FinanceLeaseInterestExpense
1000 usd
CY2023 us-gaap Lease Cost
LeaseCost
8869000 usd
CY2022 us-gaap Lease Cost
LeaseCost
5822000 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
10418000 usd
CY2023Q4 us-gaap Finance Lease Liability Payments Due Next Twelve Months
FinanceLeaseLiabilityPaymentsDueNextTwelveMonths
0 usd
CY2023Q4 wnc Operating Lease And Finance Lease Liability To Be Paid Year One
OperatingLeaseAndFinanceLeaseLiabilityToBePaidYearOne
10418000 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
9364000 usd
CY2023Q4 us-gaap Finance Lease Liability Payments Due Year Two
FinanceLeaseLiabilityPaymentsDueYearTwo
0 usd
CY2023Q4 wnc Operating Lease And Finance Lease Liability To Be Paid Year Two
OperatingLeaseAndFinanceLeaseLiabilityToBePaidYearTwo
9364000 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
8310000 usd
CY2023Q4 us-gaap Finance Lease Liability Payments Due Year Three
FinanceLeaseLiabilityPaymentsDueYearThree
0 usd
CY2023Q4 wnc Operating Lease And Finance Lease Liability To Be Paid Year Three
OperatingLeaseAndFinanceLeaseLiabilityToBePaidYearThree
8310000 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
4349000 usd
CY2023Q4 us-gaap Finance Lease Liability Payments Due Year Four
FinanceLeaseLiabilityPaymentsDueYearFour
0 usd
CY2023Q4 wnc Operating Lease And Finance Lease Liability To Be Paid Year Four
OperatingLeaseAndFinanceLeaseLiabilityToBePaidYearFour
4349000 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Five
LesseeOperatingLeaseLiabilityPaymentsDueYearFive
1920000 usd
CY2023Q4 us-gaap Finance Lease Liability Payments Due Year Five
FinanceLeaseLiabilityPaymentsDueYearFive
0 usd
CY2023Q4 wnc Operating And Finance Lease Liability To Be Paid Year Five
OperatingAndFinanceLeaseLiabilityToBePaidYearFive
1920000 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due After Year Five
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive
1066000 usd
CY2023Q4 us-gaap Finance Lease Liability Payments Due After Year Five
FinanceLeaseLiabilityPaymentsDueAfterYearFive
0 usd
CY2023Q4 wnc Operating And Finance Lease Liability To Be Paid After Year Five
OperatingAndFinanceLeaseLiabilityToBePaidAfterYearFive
1066000 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
35427000 usd
CY2023Q4 us-gaap Finance Lease Liability Payments Due
FinanceLeaseLiabilityPaymentsDue
0 usd
CY2023Q4 wnc Operating And Finance Lease Liability To Be Paid
OperatingAndFinanceLeaseLiabilityToBePaid
35427000 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
3208000 usd
CY2023Q4 us-gaap Finance Lease Liability Undiscounted Excess Amount
FinanceLeaseLiabilityUndiscountedExcessAmount
0 usd
CY2023Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
32219000 usd
CY2023Q4 us-gaap Finance Lease Liability
FinanceLeaseLiability
0 usd
CY2023Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P3Y9M18D
CY2022Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P4Y3M18D
CY2023Q4 us-gaap Finance Lease Weighted Average Remaining Lease Term1
FinanceLeaseWeightedAverageRemainingLeaseTerm1
P0Y
CY2022Q4 us-gaap Finance Lease Weighted Average Remaining Lease Term1
FinanceLeaseWeightedAverageRemainingLeaseTerm1
P0Y
CY2023Q4 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.0494
CY2022Q4 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.0492
CY2023Q4 us-gaap Finance Lease Weighted Average Discount Rate Percent
FinanceLeaseWeightedAverageDiscountRatePercent
0
CY2022Q4 us-gaap Finance Lease Weighted Average Discount Rate Percent
FinanceLeaseWeightedAverageDiscountRatePercent
0
CY2023 us-gaap Operating Lease Payments
OperatingLeasePayments
8866000 usd
CY2022 us-gaap Operating Lease Payments
OperatingLeasePayments
5844000 usd
CY2023 us-gaap Finance Lease Interest Payment On Liability
FinanceLeaseInterestPaymentOnLiability
0 usd
CY2022 us-gaap Finance Lease Interest Payment On Liability
FinanceLeaseInterestPaymentOnLiability
1000 usd
CY2021 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
50684000 shares
CY2023 us-gaap Finance Lease Principal Payments
FinanceLeasePrincipalPayments
0 usd
CY2022 us-gaap Finance Lease Principal Payments
FinanceLeasePrincipalPayments
59000 usd
CY2023 us-gaap Operating Lease Variable Lease Income
OperatingLeaseVariableLeaseIncome
874000 usd
CY2022 us-gaap Operating Lease Variable Lease Income
OperatingLeaseVariableLeaseIncome
125000 usd
CY2023 us-gaap Operating Lease Lease Income Lease Payments
OperatingLeaseLeaseIncomeLeasePayments
0 usd
CY2022 us-gaap Operating Lease Lease Income Lease Payments
OperatingLeaseLeaseIncomeLeasePayments
0 usd
CY2023 us-gaap Operating Lease Lease Income
OperatingLeaseLeaseIncome
874000 usd
CY2022 us-gaap Operating Lease Lease Income
OperatingLeaseLeaseIncome
125000 usd
CY2023Q4 us-gaap Lessor Operating Lease Payments To Be Received Next Twelve Months
LessorOperatingLeasePaymentsToBeReceivedNextTwelveMonths
2076000 usd
CY2023Q4 us-gaap Lessor Operating Lease Payments To Be Received Two Years
LessorOperatingLeasePaymentsToBeReceivedTwoYears
2064000 usd
CY2023Q4 us-gaap Lessor Operating Lease Payments To Be Received Three Years
LessorOperatingLeasePaymentsToBeReceivedThreeYears
2064000 usd
CY2023Q4 us-gaap Lessor Operating Lease Payments To Be Received Four Years
LessorOperatingLeasePaymentsToBeReceivedFourYears
1950000 usd
CY2023Q4 us-gaap Lessor Operating Lease Payments To Be Received Five Years
LessorOperatingLeasePaymentsToBeReceivedFiveYears
1209000 usd
CY2023Q4 us-gaap Lessor Operating Lease Payments To Be Received Thereafter
LessorOperatingLeasePaymentsToBeReceivedThereafter
0 usd
CY2023Q4 us-gaap Lessor Operating Lease Payments To Be Received
LessorOperatingLeasePaymentsToBeReceived
9363000 usd
CY2023Q4 wnc Lessor Estimated Useful Life
LessorEstimatedUsefulLife
P12Y
CY2023Q4 us-gaap Property Subject To Or Available For Operating Lease Gross
PropertySubjectToOrAvailableForOperatingLeaseGross
5650000 usd
CY2022Q4 us-gaap Property Subject To Or Available For Operating Lease Gross
PropertySubjectToOrAvailableForOperatingLeaseGross
0 usd
CY2023Q4 us-gaap Property Subject To Or Available For Operating Lease Accumulated Depreciation
PropertySubjectToOrAvailableForOperatingLeaseAccumulatedDepreciation
186000 usd
CY2022Q4 us-gaap Property Subject To Or Available For Operating Lease Accumulated Depreciation
PropertySubjectToOrAvailableForOperatingLeaseAccumulatedDepreciation
0 usd
CY2023Q4 us-gaap Property Subject To Or Available For Operating Lease Net
PropertySubjectToOrAvailableForOperatingLeaseNet
5464000 usd
CY2022Q4 us-gaap Property Subject To Or Available For Operating Lease Net
PropertySubjectToOrAvailableForOperatingLeaseNet
0 usd
CY2023 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
1019000 shares
CY2023Q4 us-gaap Cash Surrender Value Fair Value Disclosure
CashSurrenderValueFairValueDisclosure
18510000 usd
CY2022Q4 us-gaap Cash Surrender Value Fair Value Disclosure
CashSurrenderValueFairValueDisclosure
15509000 usd
CY2023Q4 us-gaap Long Term Debt Fair Value
LongTermDebtFairValue
396465000 usd
CY2022Q4 us-gaap Long Term Debt Fair Value
LongTermDebtFairValue
395818000 usd
CY2023Q4 us-gaap Purchase Obligation
PurchaseObligation
35700000 usd
CY2023Q4 wnc Chassis Converter Pool Liability Current
ChassisConverterPoolLiabilityCurrent
27300000 usd
CY2023 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
231252000 usd
CY2022 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
112258000 usd
CY2021 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
1164000 usd
CY2023 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
47011000 shares
CY2022 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
48626000 shares
CY2021 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
50684000 shares
CY2023 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
4.92
CY2022 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
2.31
CY2021 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.02
CY2023 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
231252000 usd
CY2022 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
112258000 usd
CY2021 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
1164000 usd
CY2023 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
47011000 shares
CY2022 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
48626000 shares
CY2021Q3 us-gaap Stock Repurchase Program Authorized Amount1
StockRepurchaseProgramAuthorizedAmount1
150000000 usd
CY2018Q4 us-gaap Stock Repurchase Program Authorized Amount1
StockRepurchaseProgramAuthorizedAmount1
100000000 usd
CY2023Q4 us-gaap Stock Repurchase Program Remaining Authorized Repurchase Amount1
StockRepurchaseProgramRemainingAuthorizedRepurchaseAmount1
38500000 usd
CY2023Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
200000000 shares
CY2023Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.01
CY2022 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
1255000 shares
CY2021 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
924000 shares
CY2023 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
48030000 shares
CY2022 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
49881000 shares
CY2021 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
51608000 shares
CY2023 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
4.81
CY2022 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
2.25
CY2021 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.02
CY2023 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
0 shares
CY2022 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
0 shares
CY2023 us-gaap Share Based Compensation
ShareBasedCompensation
11800000 usd
CY2022 us-gaap Share Based Compensation
ShareBasedCompensation
9700000 usd
CY2021 us-gaap Share Based Compensation
ShareBasedCompensation
7100000 usd
CY2023Q4 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized
13500000 usd
CY2023 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Period For Recognition1
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition1
P1Y9M18D
CY2022Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
15516 shares
CY2022Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
13.67
CY2022 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P1Y9M18D
CY2022Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
100000 usd
CY2023 us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
11433 shares
CY2023 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
13.53
CY2023 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
200000 usd
CY2023 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures In Period
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CY2023Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
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CY2023Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
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false
CY2023 ecd Rule10b51 Arr Trmntd Flag
Rule10b51ArrTrmntdFlag
false

Files In Submission

Name View Source Status
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0000879526-24-000008-index.html Edgar Link pending
0000879526-24-000008.txt Edgar Link pending
0000879526-24-000008-xbrl.zip Edgar Link pending
exhibit1014-20231231.htm Edgar Link pending
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report.css Edgar Link pending
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wnc-20231231.htm Edgar Link pending
wnc-20231231.xsd Edgar Link pending
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wnc-20231231_def.xml Edgar Link unprocessable
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wnc-20231231_htm.xml Edgar Link completed
wnc-20231231_cal.xml Edgar Link unprocessable
FilingSummary.xml Edgar Link unprocessable