Miller Industries, Inc
(NYSE:MLR)

Miller Industries, Inc., together with its subsidiaries, engages in the manufacture and sale of towing and recovery equipment. The company offers wreckers that are used to recover and tow disabled vehicles and other equipment; and car carriers, which are specialized flat-bed vehicles with hydraulic ...

Website: http://www.millerind.com

Founded: 1990

Full Time Employees: 1,310

Sector: Consumer Cyclical

Industry: Auto Parts

Consumer Cyclical

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At a glance:

Bull Thesis:

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Quarterly

Annual

Unit: USD	2026-03-31	2025-12-31	2025-09-30	2025-06-30	2025-03-31	2024-12-31	2024-09-30	2024-06-30	2024-03-31	2023-12-31	2023-09-30	2023-06-30	2023-03-31	2022-12-31	2022-09-30	2022-06-30	2022-03-31	2021-12-31	2021-09-30	2021-06-30	2021-03-31	2020-12-31	2020-09-30	2020-06-30	2020-03-31	2019-12-31	2019-09-30	2019-06-30	2019-03-31	2018-12-31	2018-09-30	2018-06-30	2018-03-31	2017-12-31	2017-09-30	2017-06-30	2017-03-31	2016-12-31	2016-09-30	2016-06-30	2016-03-31	2015-12-31	2015-09-30	2015-06-30	2015-03-31	2014-12-31	2014-09-30	2014-06-30	2014-03-31	2013-12-31	2013-09-30	2013-06-30	2013-03-31	2012-12-31	2012-09-30	2012-06-30	2012-03-31	2011-12-31	2011-09-30	2011-06-30	2011-03-31	2010-12-31	2010-09-30	2010-06-30	2010-03-31	2009-12-31	2009-09-30	2009-06-30	2009-03-31	2008-12-31	2008-09-30	2008-06-30	2008-03-31	2007-12-31	2007-09-30	2007-06-30	2007-03-31	2006-12-31	2006-09-30	2006-06-30	2006-03-31	2005-12-31	2005-09-30	2005-06-30	2005-03-31	2004-12-31	2004-06-30	2004-03-31	2003-12-31	2003-06-30	2002-12-31	2002-09-30

net sales	180,863,000	171,918,000	178,670,000	214,032,000	225,651,000	221,907,000	314,271,000	371,451,000	349,871,000	296,246,000	274,568,000	300,264,000	282,275,000	225,854,000	205,557,000	201,500,000	215,545,000	201,691,000	164,715,000	181,158,000	169,912,000	178,337,000	168,366,000	128,529,000	176,054,000	203,140,000	195,467,000	222,346,000	197,213,000	179,968,000	195,690,000	176,888,000	159,160,000	159,716,000	153,363,000	153,089,000	148,933,000	148,594,000	147,597,000	156,113,000	148,815,000	136,436,000	126,205,000	151,537,000	126,788,000	147,778,000	118,398,000	122,432,000	104,168,000	108,278,000	105,108,000	105,834,000	84,950,000	82,403,000	77,957,000	87,346,000	94,957,000	109,391,000	96,777,000	97,566,000	108,925,000	79,682,000	73,664,000	81,256,000	72,295,000	67,009,000	57,547,000	54,255,000	58,756,000	61,918,000	66,735,000	74,715,000	67,621,000	78,880,000	92,692,000	108,825,000	114,003,000	116,698,000	107,364,000	91,923,000	93,436,000	64,828,500	89,480,000	92,938,000				40,742
yoy	-19.85%	-22.53%	-43.15%	-42.38%	-35.50%	-25.09%	14.46%	23.71%	23.95%	31.17%	33.57%	49.01%	30.96%	11.98%	24.80%	11.23%	26.86%	13.10%	-2.17%	40.95%	-3.49%	-12.21%	-13.86%	-42.19%	-10.73%	12.88%	-0.11%	25.70%	23.91%	12.68%	27.60%	15.55%	6.87%	7.48%	3.91%	-1.94%	0.08%	8.91%	16.95%	3.02%	17.37%	-7.68%	6.59%	23.77%	21.71%	36.48%	12.64%	15.68%	22.62%	31.40%	34.83%	21.17%	-10.54%	-24.67%	-19.45%	-10.47%	-12.82%	37.28%	31.38%	20.07%	50.67%	18.91%	28.01%	49.77%	23.04%	8.22%	-13.77%	-27.38%	-13.11%	-21.50%	-28.00%	-31.34%	-40.68%	-32.41%	-13.67%	18.39%	22.01%	80.01%	19.99%	-1.09%				228013.49%
qoq	5.20%	-3.78%	-16.52%	-5.15%	1.69%	-29.39%	-15.39%	6.17%	18.10%	7.90%	-8.56%	6.37%	24.98%	9.87%	2.01%	-6.52%	6.87%	22.45%	-9.08%	6.62%	-4.72%	5.92%	30.99%	-26.99%	-13.33%	3.93%	-12.09%	12.74%	9.58%	-8.03%	10.63%	11.14%	-0.35%	4.14%	0.18%	2.79%	0.23%	0.68%	-5.46%	4.90%	9.07%	8.11%	-16.72%	19.52%	-14.20%	24.81%	-3.29%	17.53%	-3.80%	3.02%	-0.69%	24.58%	3.09%	5.70%	-10.75%	-8.02%	-13.19%	13.03%	-0.81%	-10.43%	36.70%	8.17%	-9.34%	12.40%	7.89%	16.44%	6.07%	-7.66%	-5.11%	-7.22%	-10.68%	10.49%	-14.27%	-14.90%	-14.82%	-4.54%	-2.31%	8.69%	16.80%	-1.62%	44.13%	-27.55%	-3.72%
cost of operations	155,181,000	145,388,000	153,338,000	179,446,000	191,707,000	188,449,000	272,245,000	320,373,000	305,628,000
gross profit	25,682,000	26,530,000	25,332,000	34,586,000	33,944,000	33,458,000	42,026,000	51,078,000	44,243,000	38,640,000	42,868,000	39,929,000	30,417,000	25,525,000	23,180,000	18,374,000	15,340,000	15,599,000	17,832,000	20,590,000	15,831,000	24,250,000	17,843,000	17,727,000	18,538,000	26,932,000	21,746,000	25,213,000	22,597,000	22,154,000	21,476,000	21,279,000	18,427,000	18,453,000	15,650,000	17,603,000	15,395,000	15,156,000	17,116,000	19,037,000	12,970,000	15,324,000	12,796,000	17,541,000	11,952,000	16,570,000	12,967,000	12,510,000	10,938,000	11,244,000	10,828,000	11,730,000	8,634,000
yoy	-24.34%	-20.71%	-39.72%	-32.29%	-23.28%	-13.41%	-1.96%	27.92%	45.45%	51.38%	84.94%	117.31%	98.29%	63.63%	29.99%	-10.76%	-3.10%	-35.67%	-0.06%	16.15%	-14.60%	-9.96%	-17.95%	-29.69%	-17.96%	21.57%	1.26%	18.49%	22.63%	20.06%	37.23%	20.88%	19.69%	21.75%	-8.57%	-7.53%	18.70%	-1.10%	33.76%	8.53%	8.52%	-7.52%	-1.32%	40.22%	9.27%	47.37%	19.75%	6.65%	26.69%
qoq	-3.20%	4.73%	-26.76%	1.89%	1.45%	-20.39%	-17.72%	15.45%	14.50%	-9.86%	7.36%	31.27%	19.17%	10.12%	26.16%	19.78%	-1.66%	-12.52%	-13.39%	30.06%	-34.72%	35.91%	0.65%	-4.37%	-31.17%	23.85%	-13.75%	11.58%	2.00%	3.16%	0.93%	15.48%	-0.14%	17.91%	-11.09%	14.34%	1.58%	-11.45%	-10.09%	46.78%	-15.36%	19.76%	-27.05%	46.76%	-27.87%	27.79%	3.65%	14.37%	-2.72%	3.84%	-7.69%	35.86%
gross margin %	14.20%	15.43%	14.18%	16.16%	15.04%	15.08%	13.37%	13.75%	12.65%	13.04%	15.61%	13.30%	10.78%	11.30%	11.28%	9.12%	7.12%	7.73%	10.83%	11.37%	9.32%	13.60%	10.60%	13.79%	10.53%	13.26%	11.13%	11.34%	11.46%	12.31%	10.97%	12.03%	11.58%	11.55%	10.20%	11.50%	10.34%	10.20%	11.60%	12.19%	8.72%	11.23%	10.14%	11.58%	9.43%	11.21%	10.95%	10.22%	10.50%	10.38%	10.30%	11.08%	10.16%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	NaN%	NaN%	NaN%	0%	NaN%	NaN%	NaN%	NaN%
operating expenses:
selling, general and administrative expenses	23,949,000	21,071,000	21,247,000	23,404,000	23,260,000	19,680,000	22,326,000	22,773,000	21,543,000	16,366,000	19,318,000	19,480,000	17,924,000	13,117,000	14,673,000	12,651,000	12,386,000	11,180,000	11,983,000	12,019,000	11,051,000	9,442,000	9,231,000	10,067,000	10,974,000	11,758,000	10,453,000	10,968,000	10,215,000	10,825,000	9,450,000	9,678,000	9,589,000	6,672,500	8,580,000	9,066,000	9,044,000	6,205,750	8,495,000	8,318,000	8,010,000	5,653,000	7,524,000	7,648,000	7,440,000	5,340,250	7,231,000	6,964,000	7,166,000	5,167,000	6,749,000	7,220,000	6,699,000	5,221,750	6,681,000	7,204,000	7,002,000	5,830,750	7,477,000	7,697,000	8,149,000	4,913,250	6,499,000	6,677,000	6,477,000	4,552,250	5,954,000	5,817,000	6,438,000	4,758,000	6,402,000	6,297,000	6,333,000	5,167,750	6,481,000	7,028,000	7,162,000	4,903,750	6,632,000	6,400,000	6,584,000	4,473,750	6,214,000	6,175,000	5,506,000		5,369,000			4,641,000
non-operating expenses:
interest expense	145,000	178,000	93,000	294,000	95,000	384,000	251,000	2,048,000	1,245,000	1,449,000	1,813,000	1,700,000	1,012,000	1,291,000	1,042,000	628,000	418,000	454,000	286,000	340,000	275,000	197,000	230,000	429,000	359,000	565,000	424,000	721,000	668,000	449,000	525,000	484,000	420,000	426,000	469,000	315,000	378,000	345,000	359,000	259,000	198,000	220,000	291,000	245,000	163,000	180,000	178,000	126,000	70,000	116,000	102,000	84,000	67,000	89,000	192,000	214,000	217,000	194,000	174,000	214,000	146,000	59,000	60,000	76,000	110,000	89,000	234,000	235,000	325,000	195,000	254,000	338,000	454,000	780,000	1,018,000	882,000	712,000	865,000	851,000	968,000	834,000	796,000	853,000	1,200,000	1,163,000		1,234,000	754		685,000	-1,950,000	2,116,000
other expense	-15,000	249,000	-312,000	-479,000	-202,000	766,000	-321,000	13,000	-33,000	-149,000	-294,000	-229,000	-318,000	-512,000	666,000	275,000	52,000	64,000	206,000	-48,000	276,000	-275,000	-209,000	-275,000	91,000	-211,000	231,000	57,000	254,000	465,000	76,000	627,000	-915,000	203,000	-106,000	-470,000	-14,000	174,000	-238,000	128,000	-341,000	113,000	-94,000	265,000	56,000	289,000	31,000	55,000	62,000	-4,000	-11,000	18,000	-23,000	-15,000	-97,000	-1,039,000	336,000	-143,000	-9,000	-9,000		-56,000	37,000		42,000	-75,000	-83,000	-339,000	55,000
total expense	24,079,000	21,498,000	21,028,000	23,219,000	23,153,000	20,830,000	22,256,000	24,834,000	22,755,000	17,666,000	20,837,000	20,951,000	18,618,000	13,896,000	16,381,000	13,554,000	12,856,000	11,698,000	12,475,000	12,311,000	11,602,000	9,364,000	9,252,000	10,221,000	11,424,000	12,112,000	11,108,000	11,746,000	11,137,000	11,739,000	10,051,000	10,789,000
income before income taxes	1,603,000	5,032,000	4,304,000	11,367,000	10,791,000	12,628,000	19,770,000	26,244,000	21,488,000	20,974,000	22,031,000	18,978,000	11,799,000	11,629,000	6,799,000	4,820,000	2,484,000	3,901,000	5,357,000	8,279,000	4,229,000	14,886,000	8,591,000	7,506,000	7,114,000	14,820,000	10,638,000	13,467,000	11,460,000	10,415,000	11,425,000	10,490,000	9,333,000	8,953,000	6,707,000	8,692,000	5,987,000	7,142,000	8,500,000	10,332,000	5,103,000	6,112,000	5,075,000	9,383,000	4,293,000	8,966,000	5,527,000	5,365,000	3,640,000	3,576,000	3,988,000			2,699,000	2,439,000	4,186,000	3,329,000	8,144,000	7,974,000	9,572,000	12,438,000	3,309,000	4,815,000	5,221,000	3,199,000	1,671,000	2,747,000	2,352,000	1,585,000	1,159,500	1,471,000	1,690,000	1,477,000	5,438,000	5,556,000	7,819,000	8,377,000
income tax provision	1,048,000	1,623,000	1,222,000	2,909,000	2,726,000	2,096,000	4,345,000	5,730,000	4,465,000	4,279,000	4,572,000	4,063,000	2,579,000	2,337,000	1,567,000	1,063,000	419,000	1,186,000	1,511,000	1,763,000	1,051,000	2,866,000	2,038,000	1,680,000	1,683,000	3,128,000	2,562,000	2,784,000	2,800,000	-384,000	2,748,000	2,890,000	2,663,000	-343,000	2,251,000	3,267,000	2,148,000	2,689,000	2,978,000	3,745,000	1,743,000	2,234,000	1,907,000	3,517,000	1,229,000	3,309,000	2,033,000	1,978,000	1,340,000	1,408,000	1,464,000			1,023,000	-451,000	1,640,000	1,319,000	3,227,000	3,102,000	3,796,000	4,994,000	2,437,000	1,891,000	2,064,000	1,191,000	1,248,000	1,047,000	966,000	672,000	434,000	554,000	644,000	550,000	1,433,000	1,958,000	2,946,000	2,982,000	-307,000	967,000	951,000	844,000	881,000	910,000	903,000	242,000		18,000	333		889,000	2,559,000	179,000
net income	555,000	3,409,000	3,082,000	8,458,000	8,065,000	10,532,000	15,425,000	20,514,000	17,023,000	16,695,000	17,459,000	14,915,000	9,220,000	9,292,000	5,232,000	3,757,000	2,065,000	2,715,000	3,846,000	6,516,000	3,178,000	12,020,000	6,553,000	5,826,000	5,431,000	11,692,000	8,076,000	10,683,000	8,660,000	10,799,000	8,677,000	7,600,000	6,670,000	9,296,000	4,456,000	5,425,000	3,839,000	4,453,000	5,522,000	6,587,000	3,360,000	3,878,000	3,168,000	5,866,000	3,064,000	5,657,000	3,494,000	3,387,000	2,300,000	2,168,000	2,524,000			1,676,000	2,890,000	2,546,000	2,010,000	4,917,000	4,872,000	5,776,000	7,444,000	3,617,000	2,924,000	3,157,000	2,008,000	2,017,000	1,700,000	1,386,000	913,000	696,000	917,000	1,046,000	927,000	2,465,000	3,598,000	4,873,000	5,395,000	27,231,000	6,686,000	5,542,000	5,883,000	5,974,000	5,422,000	5,165,000	2,025,000		1,753,000	-559		-493,000	-22,342,000	-962,000
yoy	-93.12%	-67.63%	-80.02%	-58.77%	-52.62%	-36.92%	-11.65%	37.54%	84.63%	79.67%	233.70%	296.99%	346.49%	242.25%	36.04%	-42.34%	-35.02%	-77.41%	-41.31%	11.84%	-41.48%	2.81%	-18.86%	-45.46%	-37.29%	8.27%	-6.93%	40.57%	29.84%	16.17%	94.73%	40.09%	73.74%	108.76%	-19.30%	-17.64%	14.26%	14.83%	74.31%	12.29%	9.66%	-31.45%	-9.33%	73.19%	33.22%	160.93%	38.43%			29.36%	-12.66%			-65.91%	-40.68%	-55.92%	-73.00%	35.94%	66.62%	82.96%	270.72%	79.33%	72.00%	127.78%	119.93%	189.80%	85.39%	32.50%	-1.51%	-71.76%	-74.51%	-78.53%	-82.82%	-90.95%	-46.19%	-12.07%	-8.30%	355.83%	23.31%	7.30%	190.52%		209.30%	-924071.38%			-107.85%	-99.94%
qoq	-83.72%	10.61%	-63.56%	4.87%	-23.42%	-31.72%	-24.81%	20.51%	1.96%	-4.38%	17.06%	61.77%	-0.77%	77.60%	39.26%	81.94%	-23.94%	-29.41%	-40.98%	105.03%	-73.56%	83.43%	12.48%	7.27%	-53.55%	44.77%	-24.40%	23.36%	-19.81%	24.46%	14.17%	13.94%	-28.25%	108.62%	-17.86%	41.31%	-13.79%	-19.36%	-16.17%	96.04%	-13.36%	22.41%	-45.99%	91.45%	-45.84%	61.91%	3.16%	47.26%	6.09%	-14.10%				-42.01%	13.51%	26.67%	-59.12%	0.92%	-15.65%	-22.41%	105.81%	23.70%	-7.38%	57.22%	-0.45%	18.65%	22.66%	51.81%	31.18%	-24.10%	-12.33%	12.84%	-62.39%	-31.49%	-26.16%	-9.68%	-80.19%	307.28%	20.64%	-5.80%	-1.52%	10.18%	4.98%	155.06%			-313695.71%			-97.79%	2222.45%
net income margin %	0.31%	1.98%	1.72%	3.95%	3.57%	4.75%	4.91%	5.52%	4.87%	5.64%	6.36%	4.97%	3.27%	4.11%	2.55%	1.86%	0.96%	1.35%	2.33%	3.60%	1.87%	6.74%	3.89%	4.53%	3.08%	5.76%	4.13%	4.80%	4.39%	6.00%	4.43%	4.30%	4.19%	5.82%	2.91%	3.54%	2.58%	3.00%	3.74%	4.22%	2.26%	2.84%	2.51%	3.87%	2.42%	3.83%	2.95%	2.77%	2.21%	2.00%	2.40%	0%	0%	2.03%	3.71%	2.91%	2.12%	4.49%	5.03%	5.92%	6.83%	4.54%	3.97%	3.89%	2.78%	3.01%	2.95%	2.55%	1.55%	1.12%	1.37%	1.40%	1.37%	3.13%	3.88%	4.48%	4.73%	23.33%	6.23%	6.03%	6.30%	9.22%	6.06%	5.56%	Infinity%	NaN%	Infinity%	-1.37%	NaN%	-Infinity%	-Infinity%	-Infinity%
income per share of common stock:
basic	0.05	0.3	0.27	0.74	0.7	0.93	1.35	1.79
diluted	0.05	0.3	0.27	0.73	0.69	0.9	1.33	1.78
cash dividends declared per share of common stock	0.21	0.2	0.2	0.2	0.2	0.19	0.19	0.19
weighted-average shares outstanding:
basic	11,387	11,447	11,446	11,459	11,450	11,450	11,447	11,461	11,452,000	11,439,000	11,446,000	11,466,000	11,425,000	11,417,000	11,417,000	11,417,000	11,417,000	11,411,000	11,411,000	11,411,000	11,410,000	11,405,000	11,405,000	11,405,000	11,405,000	11,400,000	11,400,000	11,400,000	11,400,000	11,388,000	11,389,000	11,384,000	11,384,000	11,368,000	11,364,000	11,365,000	11,350,000	11,346,000	11,346,000	11,346,000	11,345,000	11,324,000	11,341,000	11,331,000	11,315,000	11,297,000	11,302,000	11,301,000	11,285,000	11,233,000	11,242,000	11,233,000	11,198,000	11,068,000	11,067,000	11,062,000	11,030,000	11,600,000	11,616,000	11,884,000	11,769	11,671,000	11,687,000	11,659,000	11,635,000		11,608,000																				10,883,000	9,341		9,341,000	9,341,000	9,341,000
diluted	11,528	11,615	11,595	11,600	11,614	11,602	11,596	11,550	11,556,000	11,507,000	11,515,000	11,526,000	11,431,000	11,417,000	11,417,000	11,417,000	11,421,000					11,405,000				11,400,000	11,400,000	11,400,000	11,400,000	11,393,000	11,393,000	11,393,000	11,393,000	11,385,000	11,373,000	11,383,000	11,380,000	11,374,000	11,374,000	11,374,000	11,373,000	11,360,000	11,368,000	11,366,000	11,367,000	11,354,000	11,354,000	11,354,000	11,353,000	11,324,000	11,325,000	11,318,000	11,316,000	11,258,000	11,258,000	11,251,000	11,249,000	11,984,000	11,965,000	12,295,000	12,260	12,163,000	12,168,000	12,181,000	12,092,000		11,971,000																				10,909,000	9,349		9,346,000	9,348,000	9,341,000
income per common share:
basic									1,490
diluted									1,470
cash dividends declared per common share									190	180	180	180	180	180	180	180	180	180	180	180	180	180	180	180	180	180	180	180	180	180	180	180	180	180	180	180	180	170	170	170	170	160	160	160	160	150	150	150	150	140	140	140	140			130	130	90	120	120
costs of operations										257,606,000	231,700,000	260,335,000	251,858,000	200,329,000	182,377,000	183,126,000	200,205,000	186,092,000	146,883,000	160,568,000	154,081,000	154,087,000	150,523,000	110,802,000	157,516,000	176,208,000	173,721,000	197,133,000	174,616,000	157,814,000	174,214,000	155,609,000	140,733,000	141,263,000	137,713,000	135,486,000	133,538,000	133,438,000	130,481,000	137,076,000	135,845,000	121,112,000	113,409,000	133,996,000	114,836,000	131,208,000	105,431,000	109,922,000	93,230,000	97,034,000	94,280,000	94,104,000	76,316,000	73,010,000	68,742,000	76,781,000	84,073,000	93,112,000	81,161,000	80,092,000	88,192,000	66,613,000	62,253,000	69,234,000	62,467,000	57,034,000	48,695,000	46,190,000	50,353,000	53,007,000	58,608,000	66,390,000	59,357,000	67,621,250	79,637,000	93,096,000	97,752,000	100,057,000	92,228,000	78,062,000	79,291,000	55,856,500	76,051,000	79,461,000	67,914,000
basic income per common share										910	1,530	1,300	810	810	460	330	180	297.5	340	570	280	1,060	570	510	480	1,020	710	940	760	940	760	670	590	810	390	480	340	400	490	580	300	340	280	520	270	500	310	300	210	210	230	260	120	150	260	230	180	385	420	490	630	172.5	250	270	170	85	150	120	80	62.5	80	90	80	300	310	420	470	400	590	490	520	282.5	490	460	190		160			-50
diluted income per common share										905	1,520	1,290	810	810	460	330	180									1,020	710	940	760	950	760	670	590	810	390	480	340	390	490	580	300	340	280	520	270	490	310	300	210	210	230	260	120	160	260	230	180	372.5	410	470	610	167.5	240	260	170	85	140	120	80	62.5	80	90	80	297.5	310	420	460	390	580	480	510	275	470	450	180		160			-50
weighted-average shares outstanding:
basic	11,387	11,447	11,446	11,459	11,450	11,450	11,447	11,461	11,452,000	11,439,000	11,446,000	11,466,000	11,425,000	11,417,000	11,417,000	11,417,000	11,417,000	11,411,000	11,411,000	11,411,000	11,410,000	11,405,000	11,405,000	11,405,000	11,405,000	11,400,000	11,400,000	11,400,000	11,400,000	11,388,000	11,389,000	11,384,000	11,384,000	11,368,000	11,364,000	11,365,000	11,350,000	11,346,000	11,346,000	11,346,000	11,345,000	11,324,000	11,341,000	11,331,000	11,315,000	11,297,000	11,302,000	11,301,000	11,285,000	11,233,000	11,242,000	11,233,000	11,198,000	11,068,000	11,067,000	11,062,000	11,030,000	11,600,000	11,616,000	11,884,000	11,769	11,671,000	11,687,000	11,659,000	11,635,000		11,608,000																				10,883,000	9,341		9,341,000	9,341,000	9,341,000
non-operating (income) expenses:
total expenses																																	9,094,000
total operating expenses																																		6,815,500	8,943,000	8,911,000	9,408,000	8,014,000	8,616,000	8,705,000	7,867,000	9,212,000	7,721,000	8,158,000	7,659,000	7,604,000	7,440,000	7,145,000	7,298,000	7,668,000	6,840,000	7,322,000	6,743,000
net loss attributable to
noncontrolling interests																																														16,500			66,000	82,750	98,000	112,000
net income attributable to miller industries, inc.																																										3,878,000	3,168,000	5,866,000	3,064,000	5,657,000	3,494,000	3,387,000	2,366,000	2,379,000	2,622,000	2,901,000	1,328,000
consolidated income before income taxes																																																				4,408,000	1,891,000
consolidated income tax provision																																																				1,619,000	684,000
consolidated net income																																																				2,789,000	1,207,000
net loss attributable to noncontrolling interests																																																					121,000
costs and expenses:
total costs and expenses																																																						79,704,000	75,518,000	83,160,000	91,628,000	101,247,000	88,803,000	87,994,000	96,487,000	73,628,000	68,849,000	76,035,000	69,096,000	63,744,000	54,800,000	51,903,000	57,171,000	60,788,000	65,264,000	73,025,000	66,144,000	80,614,000	87,136,000	101,006,000	105,626,000	108,144,000	99,711,000	85,430,000	86,709,000	85,711,000	83,118,000	86,836,000	74,583,000		57,555,000			55,430,000	-89,479,000	94,389,000
dividends per common share																																																						97.5	130
cash dividends declared per share																																																													0.12
other income																																																																48,000
weighted average shares outstanding:
basic																																																																		11,611,000		11,608,000	11,608,000	11,594,000	11,594,000	11,594,000	11,594,000	11,556,000	11,572,000	11,542,000	11,521,000	11,360,000	11,360,000	11,337,000	11,309,000	11,226,000	11,234,000	11,197,000	11,191,000	10,860,000			9,342,000
diluted																																																																		11,902,000		11,855,000	11,644,000	11,656,000	11,601,000	11,623,000	11,632,000	11,655,000	11,667,000	11,664,000	11,651,000	11,596,000	11,577,000	11,593,000	11,598,000	11,474,000	11,505,000	11,401,000	11,415,000	10,982,000			9,385,000
income from continuing operations before income taxes																																																																														8,554,000	7,653,000	6,493,000	6,727,000	6,859,000	6,362,000	6,102,000	2,313,000		2,093,000	1,291		2,532,000	5,965,000	-589,000
income from continuing operations																																																																														8,861,000	6,686,000	5,542,000	5,883,000	5,978,000	5,452,000	5,199,000	2,071,000		2,075,000	958		1,643,000	3,406,000	-768,000
discontinued operations:
loss from discontinued operations, before taxes																																																																																		-27,500	-30,000	-34,000	-46,000		-322,000
loss from discontinued operations																																																																																		109,990	-30,000	-34,000	-46,000		-322,000	-0.16		-230	-391,500	-162,000
basic income per common share:
diluted income per common share:
net sales:																																																																																					76,896,000
towing and recovery equipment																																																																																							59,648,000			51,161,000	53,821,750	69,786,000
towing services																																																																																										6,801,000	17,821,500	24,014,000
net sales: - sum																																																																																							59,648,000			57,962,000	71,643,250	93,800,000
costs of operations - sum																																																																																							50,952,000			49,422,000
loss on disposition																																																																																										682,000
cost and expenses: costs of operations selling, general and administrative expenses																																																																																								34,815
total costs and expense																																																																																								39,451
loss from discontinued operations, before income tax																																																																																								-1,942
loss from discontinued operations, net of taxes																																																																																								-1,517
basic loss per common share: income from continuing operations																																																																																								0.1
basic loss																																																																																								-0.06
diluted loss per common share: income from continuing operations																																																																																								0.1
diluted loss																																																																																								-0.06
(loss) from discontinued operations, before taxes																																																																																										-3,035,000
(loss) from discontinued operations																																																																																										-2,136,000
net loss before cumulative effect of change in accounting principle:																																																																																										-493,000
cumulative effect of change in accounting principle
costs of operations:
costs of operations: - sum																																																																																											61,886,250	81,820,000
selling, general, and administrative expenses																																																																																											7,983,500	10,453,000
gain from disposals of discontinued operations																																																																																											-23,000	-32,000
net loss before cumulative effect of change in accounting method																																																																																											-385,000	-962,000
cumulative effect of change in accounting method																																																																																											-5,453,000
cumulative effect of accounting principle																																																																																											-585
basic income																																																																																											-627.5	-100
cumulative effect of accounting change																																																																																											-585
diluted income																																																																																											-627.5	-100

Balance Sheets:

Quarterly

Annual

Unit: USD	2026-03-31	2025-12-31	2025-09-30	2025-06-30	2025-03-31	2024-12-31	2024-09-30	2024-06-30	2024-03-31	2023-12-31	2023-09-30	2023-06-30	2023-03-31	2022-12-31	2022-09-30	2022-06-30	2022-03-31	2021-12-31	2021-09-30	2021-06-30	2021-03-31	2020-12-31	2020-09-30	2020-06-30	2020-03-31	2019-12-31	2019-09-30	2019-06-30	2019-03-31	2018-12-31	2018-09-30	2018-06-30	2018-03-31	2017-12-31	2017-09-30	2017-06-30	2017-03-31	2016-12-31	2016-09-30	2016-06-30	2016-03-31	2015-12-31	2015-09-30	2015-06-30	2015-03-31	2014-12-31	2014-09-30	2014-06-30	2014-03-31	2013-12-31	2013-09-30	2013-06-30	2013-03-31	2012-12-31	2012-09-30	2012-06-30	2012-03-31	2011-12-31	2011-09-30	2011-06-30	2011-03-31	2010-12-31	2010-09-30	2010-06-30	2010-03-31	2009-12-31	2009-09-30	2009-06-30	2009-03-31	2008-12-31	2008-09-30	2008-06-30	2008-03-31	2007-12-31	2007-09-30	2007-06-30	2007-03-31	2006-12-31	2006-09-30	2006-06-30	2006-03-31	2005-12-31	2005-09-30	2005-06-30	2005-03-31	2004-12-31	2004-06-30	2003-12-31	2003-09-30	2002-09-30	2002-06-30	2002-03-31

assets
current assets:
cash and cash equivalents	52,973,000	44,682,000
accounts receivable	186,572,000	198,261,000	232,617,000	270,419,000	292,574,000	313,413,000	374,029,000	391,797,000	338,887,000	286,138,000	240,590,000	264,542,000	233,115,000	177,663,000	167,887,000	191,246,000	193,884,000	153,977,000	131,308,000	161,778,000	167,694,000	141,642,000	149,806,000	123,161,000	168,900,000	168,619,000	165,789,000	197,760,000	183,848,000	149,142,000	155,693,000	148,023,000	136,684,000	132,699,000	135,356,000	134,177,000	132,666,000	125,383,000	125,908,000	138,383,000	128,317,000	109,170,000	115,424,000	131,323,000	116,066,000	116,498,000	98,966,000	96,109,000	82,005,000	80,821,000	82,994,000	79,535,000	64,133,000	59,113,000	62,991,000	67,347,000	74,327,000	61,085,000	72,497,000	67,239,000	84,389,000	60,110,000	61,665,000	57,463,000	52,318,000	44,673,000	40,473,000	37,754	40,299	52,424,000	56,735,000	55,390,000	54,118,000	67,035,000	76,569,000	81,086,000	85,600,000	84,186,000	79,136,000	72,581,000	73,146,000	65,792,000	63,749,000	64,643,000	59,123,000	49,336,000		37,990,000		5,462,000	64,641,000	65,044,000
inventories	172,494,000	184,231,000	180,715,000	165,458,000	164,897,000	186,169,000	190,345,000	187,286,000	184,274,000	189,807,000	176,329,000	167,458,000	164,431,000	153,656,000	144,382,000	141,191,000	124,348,000	114,908,000	108,838,000	91,996,000	84,940,000	83,939,000	87,448,000	90,902,000	92,641,000	87,965,000	98,072,000	90,973,000	96,156,000	93,767,000	84,104,000	81,219,000	77,653,000	68,567,000	64,648,000	68,231,000	67,561,000	64,136,000	64,838,000	69,277,000	71,421,000	66,232,000	64,482,000	57,554,000	61,773,000	56,460,000	65,593,000	55,177,000	56,659,000	54,172,000	53,723,000	51,408,000	49,973,000	45,045,000	45,159,000	47,723,000	52,412,000	48,240,000	55,085,000	50,108,000	53,361,000	38,938,000	29,757,000	33,303,000	33,691,000	36,061,000	35,676,000	38,224	44,373	43,107,000	44,538,000	44,974,000	42,191,000	39,313,000	36,416,000	42,767,000	45,045,000	43,155,000	46,559,000	47,194,000	41,935,000	38,318,000	36,902,000	39,177,000	42,061,000	34,994,000	32,288,000	26,715,000			58,913,000	65,138,000
prepaid expenses	18,061,000	12,409,000	17,733,000	17,711,000	16,114,000	5,847,000	10,485,000	8,099,000	8,843,000	4,617,000	5,343,000	6,393,000	6,771,000	4,576,000	6,053,000	7,446,000	8,743,000	5,751,000	6,378,000	7,453,000	6,552,000	3,167,000	4,340,000	5,715,000	7,720,000	4,796,000	4,745,000	5,884,000	5,816,000	3,272,000	3,610,000	4,550,000	6,425,000	4,272,000	3,221,000	4,203,000	6,163,000	5,006,000	2,679,000	3,791,000	3,385,000	1,689,000	2,512,000	3,319,000	4,324,000	1,792,000	2,827,000	3,758,000	3,766,000	2,190,000	2,700,000	2,921,000	3,350,000	1,951,000	1,886,000	2,417,000	3,353,000	2,219,000	2,005,000	2,112,000	2,758,000	3,556,000
total current assets	430,100,000	439,583,000	469,466,000	485,409,000	500,945,000	529,766,000	615,459,000	610,998,000	558,813,000	510,471,000	449,109,000	468,895,000	434,037,000	376,048,000	351,530,000	371,012,000	356,267,000	328,968,000	296,931,000	315,161,000	315,385,000	286,269,000	289,106,000	256,894,000	312,355,000	287,452,000	296,065,000	321,853,000	304,799,000	273,218,000	262,072,000	253,505,000	235,818,000	227,433,000	236,724,000	238,641,000	230,889,000	225,640,000	229,995,000	244,696,000	240,223,000	219,265,000	227,406,000	232,232,000	224,532,000	218,430,000	207,708,000	198,108,000	187,043,000	183,935,000	184,099,000	180,846,000	168,461,000	158,281,000	157,588,000	163,340,000	172,850,000	166,841,000	170,041,000	179,164,000	184,380,000	154,156,000	141,983,000	137,505,000	132,630,000	125,072,000	118,980,000	108,664	112,019	119,256,000	127,736,000	128,482,000	126,688,000	134,443,000	136,655,000	145,975,000	157,718,000	149,778,000	133,205,000	127,419,000	125,698,000	113,418,000	114,400,000	117,991,000	111,891,000	94,395,000	93,235,000	95,485,000			157,101,000	162,865,000
non-current assets:
property, plant and equipment	127,842,000	123,808,000	113,516,000	115,970,000	117,502,000	115,979,000	118,569,000	115,768,000	116,172,000	115,072,000	116,216,000	116,055,000	110,976,000	112,145,000	112,545,000	113,550,000	97,787,000	96,496,000	98,324,000	98,820,000	98,734,000	98,620,000	96,719,000	93,604,000	91,984,000	90,735,000	91,527,000	87,004,000	83,929,000	82,850,000				77,628,000				59,613,000
right-of-use assets – operating leases	1,783,000	276,000	363,000	448,000	500,000	545,000	595,000
goodwill	20,259,000	20,073,000	19,998,000	19,998,000	19,998,000	19,998,000	19,998,000	19,998,000	20,022,000	20,022,000	20,594,000	20,594,000	11,619,000	11,619,000	11,619,000	11,619,000	11,619,000	11,619,000	11,619,000	11,619,000	11,619,000	11,619,000	11,619,000	11,619,000	11,619,000	11,619,000	11,619,000	11,619,000	11,619,000	11,619,000	11,619,000	11,619,000	11,619,000	11,619,000	11,619,000	11,619,000	11,619,000	11,619,000	11,619,000	11,619,000	11,619,000	11,619,000	11,619,000	11,619,000	11,619,000	11,619,000	11,619,000	11,619,000	11,619,000	11,619,000	11,619,000	11,619,000	11,619,000	11,619,000	11,619,000	11,619,000	11,619,000	11,619,000	11,619,000	11,619,000	11,619,000	11,619,000	11,619,000	11,619,000	11,619,000	11,619,000	11,619,000	11,619	11,619	11,619,000	11,619,000	11,619,000	11,619,000	11,619,000	11,619,000	11,619,000	11,619,000	11,619,000	11,619,000	11,619,000	11,619,000	11,619,000	11,619,000	11,619,000	11,619,000	11,619,000	11,619,000	11,619,000			11,619,000	11,619,000
other assets	5,603,000	5,927,000	1,000,000	1,108,000	762,000	727,000	725,000	744,000	786,000	819,000	782,000	681,000	686,000	708,000	626,000	618,000	641,000	533,000	520,000	520,000	491,000	434,000	392,000	424,000	382,000	521,000	504,000	527,000	538,000	497,000	583,000	579,000	539,000	558,000	537,000	521,000	544,000	566,000	544,000	534,000	505,000	496,000	499,000	555,000	562,000	256,000	256,000	256,000	256,000	281,000	283,000	284,000	286,000	263,000	264,000	265,000	256,000	262,000	268,000	275,000	281,000	288,000	294,000	284,000	5,000	61,000	63,000	82	74	107,000	382,000	425,000	487,000	558,000	548,000	631,000	746,000	922,000	970,000	1,074,000	1,289,000	1,443,000	1,601,000	1,629,000	1,719,000	1,918,000	2,127,000	1,391,000			5,386,000	4,971,000
total assets	585,587,000	589,667,000	604,343,000	622,933,000	639,707,000	667,015,000	755,346,000	748,167,000	696,531,000	647,210,000	587,406,000	606,995,000	558,165,000	501,429,000	477,264,000	497,849,000	467,481,000	438,847,000	408,625,000	427,479,000	427,660,000	398,410,000	399,310,000	363,973,000	417,886,000	391,967,000	401,122,000	422,550,000	402,675,000
liabilities and shareholders’ equity
current liabilities:
current portion of long-term debt	2,176,000	2,246,000																																																																																								9,338,000	11,215,000	14,085,000
accounts payable	85,791,000	78,548,000	82,238,000	98,035,000	113,512,000	145,853,000	234,216,000	243,146,000	229,040,000	191,782,000	146,790,000	188,869,000	169,458,000	125,500,000	107,477,000	137,702,000	139,311,000	119,029,000	87,793,000	108,078,000	113,351,000	85,534,000	92,970,000	59,481,000	96,787,000	95,750,000	114,871,000	129,449,000	107,786,000	98,220,000	100,900,000	91,953,000	82,695,000	79,304,000	79,335,000	82,619,000	87,281,000	85,116,000	69,186,000	79,265,000	88,203,000	73,405,000	76,693,000	81,802,000	79,905,000	70,618,000	64,678,000	56,788,000	47,696,000	47,388,000	51,256,000	48,943,000	39,745,000	30,745,000	31,547,000	36,368,000	46,067,000	39,692,000	39,359,000	38,376,000	50,343,000	34,008,000	28,268,000	29,785,000	27,127,000	19,139,000	20,934,000	13,078	18,397	26,710,000	33,317,000	33,977,000	32,792,000	39,926,000	37,532,000	49,516,000	59,222,000	58,620,000	53,031,000	49,249,000	51,127,000	45,352,000	44,516,000	46,810,000	46,579,000	36,224,000	30,404,000	34,164,000		1,264,000	41,956,000	41,284,000
accrued liabilities	56,215,000	55,602,000	52,110,000	46,614,000	39,520,000	50,620,000	54,801,000	49,546,000	43,512,000	40,793,000	40,228,000	34,537,000	30,264,000	27,904,000	30,124,000	25,397,000	23,016,000	24,866,000	25,553,000	24,177,000	24,166,000	24,773,000	28,683,000	29,581,000	24,414,000	27,813,000	24,792,000	26,763,000	26,021,000	24,863,000	26,295,000	26,729,000	23,060,000	22,001,000	25,648,000	24,993,000	22,023,000	20,727,000	21,957,000	24,646,000	20,312,000	21,089,000	22,224,000	21,986,000	19,041,000	21,099,000	18,419,000	17,021,000	15,924,000	15,726,000	14,398,000	15,327,000	13,101,000	12,358,000	12,516,000	15,429,000	15,351,000	17,384,000	16,721,000	18,789,000	18,246,000	13,273,000
current portion of operating lease obligation	348,000	176,000	242,000	307,000	319,000	318,000	309,000	306,000	311,000	320,000	282,000	311,000	307,000	311,000	316,000	326,000	349,000	361,000	349,000	367,000	371,000	354,000	321,000	302,000	315,000	330,000	343,000	362,000	352,000
total current liabilities	144,530,000	136,572,000	135,776,000	146,346,000	155,238,000	197,873,000	290,788,000	293,768,000	274,636,000	234,714,000	188,514,000	224,599,000	204,770,000	156,145,000	137,917,000	163,429,000	162,685,000	144,271,000	113,716,000	132,644,000	137,910,000	110,682,000	122,096,000	89,571,000	121,813,000	124,282,000	140,395,000	157,074,000	134,559,000	123,388,000	127,584,000	119,068,000	106,164,000	101,699,000	104,983,000	107,612,000	109,304,000	105,843,000	91,143,000	103,911,000	108,515,000	94,494,000	98,917,000	103,788,000	98,946,000	91,717,000	83,097,000	73,809,000	63,620,000	63,114,000	65,654,000	64,270,000	52,846,000	43,103,000	44,063,000	51,797,000	61,420,000	57,081,000	56,090,000	57,181,000	68,620,000	47,325,000	41,559,000	41,836,000	37,706,000	30,825,000	32,779,000	25,703	32,983	39,892,000	45,723,000	46,277,000	45,134,000	52,351,000	52,086,000	65,691,000	78,093,000	73,512,000	69,731,000	65,823,000	69,437,000	63,012,000	61,505,000	64,931,000	70,119,000	54,417,000	57,795,000	64,349,000			78,581,000	80,055,000
non-current liabilities:
long-term obligations	21,030,000	31,055,000	45,000,000	55,000,000	75,000,000	65,000,000	65,000,000	70,000,000	55,000,000	60,000,000	60,000,000	60,000,000	45,000,000	45,000,000	45,000,000	40,000,000	10,000,000							5,000,000	29,998,000	4,998,000	10,092,000	20,079,000	30,286,000	15,533,000	10,488,000	15,582,000		10,212,000	20,000,000	20,000,000
non-current portion of operating lease obligation	1,435,000	100,000	121,000	141,000	181,000	227,000	286,000	352,000
deferred income tax liabilities	1,335,000	1,370,000	2,791,000	2,852,000	2,782,000	2,885,000	4,082,000	4,159,000	4,110,000	4,070,000	6,085,000	6,182,000	6,159,000	6,230,000	5,195,000	5,232,000	5,134,000	5,170,000	4,159,000	4,261,000	4,143,000	4,144,000	3,792,000	3,360,000	3,387,000	3,416,000	1,765,000	1,864,000	1,743,000	1,700,000	1,248,000	1,308,000	1,086,000	1,125,000	1,984,000	2,047,000	1,969,000	1,993,000	2,499,000	2,499,000	2,499,000	2,499,000	2,184,000	2,184,000	2,184,000	2,184,000	1,842,000	1,842,000	1,842,000	1,842,000	1,758,000	1,758,000	1,758,000	1,758,000	2,110,000	2,110,000	2,110,000	2,110,000	1,978,000	1,978,000	1,978,000	1,978,000
total liabilities	168,330,000	169,097,000	183,688,000	204,339,000	233,201,000	265,985,000	360,156,000	368,279,000	334,172,000	299,290,000	255,021,000	291,277,000	256,498,000	207,972,000	188,740,000	209,383,000	178,635,000	150,311,000	118,756,000	137,901,000	143,123,000	115,957,000	127,061,000	99,085,000	156,459,000	134,040,000	153,355,000	180,246,000	168,073,000	140,621,000
commitments and contingencies
shareholders’ equity:
preferred stock, 0.01 par value per share...
authorized – 5,000,000 shares, issued and outstanding – none
common stock, 0.01 par value per share...
authorized – 100,000,000 shares, issued and outstanding – 11,395,716 and 11,371,730 shares as of march 31, 2026 and december 31, 2025, respectively	114,000
additional paid-in capital	150,826,000	153,046,000	154,143,000	154,176,000	153,523,000	153,704,000	152,933,000	153,014,000	153,743,000	153,574,000	153,191,000	152,746,000	152,462,000	152,392,000	152,169,000	151,946,000	151,724,000	151,449,000	151,449,000	151,449,000	151,449,000	151,249,000	151,249,000	151,249,000	151,249,000	151,055,000	151,055,000	151,055,000	151,055,000	150,905,000	150,905,000	150,849,000	150,849,000	150,699,000	150,879,000	150,696,000	150,554,000	150,404,000	150,401,000	150,401,000	150,401,000	150,305,000	150,305,000	150,294,000	150,198,000	149,917,000	149,906,000	149,906,000	149,898,000	149,608,000	149,419,000	149,304,000	149,294,000	148,688,000	147,849,000	147,748,000	147,594,000	147,004,000	151,834,000	163,841,000	163,257,000	162,447,000	162,266,000	162,085,000	161,701,000	161,512,000	161,294,000	161,194	161,094	160,919,000	160,852,000	160,851,000	160,852,000	160,700,000	160,623,000	160,273,000	159,978,000	159,702,000	158,787,000	158,651,000	158,275,000	157,996,000	157,762,000	157,366,000	157,302,000	157,202,000	157,286,000	145,090,000			145,088,000	145,088,000
retained earnings	266,965,000	268,798,000	267,675,000	266,879,000	260,715,000	254,938,000	246,578,000	233,330,000	215,009,000	200,165,000																													38,228,000	34,634,000	29,976,000		26,482,000	25,129,000	21,077,000		15,860,000	14,061,000	12,369,000		10,894,000
accumulated other comprehensive loss	-648,000	-1,388,000	-1,277,000	-2,576,000	-7,847,000	-7,726,000	-4,435,000	-6,571,000	-6,508,000	-5,933,000	-6,461,000	-7,283,000	-8,194,000	-9,173,000	-10,566,000	-7,225,000	-4,920,000	-4,945,000	-2,951,000	-1,450,000	-2,029,000	-2,789,000	-3,026,000	-5,887,000	-5,575,000	-5,503,000	-6,023,000	-5,463,000	-4,533,000	-4,810,000	-4,298,000	-3,808,000	-2,476,000																																				-870																						-1,977,000	-2,674,000
total shareholders’ equity	417,257,000	420,570,000	420,655,000	418,594,000	406,506,000	401,030,000	395,190,000		362,359,000	347,920,000	332,385,000	315,718,000	301,667,000	293,457,000	288,524,000	288,466,000	288,846,000	288,536,000	289,869,000	289,578,000	284,537,000	282,453,000	272,249,000	264,888,000	261,427,000	257,927,000	247,767,000	242,304,000	234,602,000	227,563,000	219,327,000	212,907,000	208,688,000	203,100,000	196,102,000	191,764,000	186,436,000	184,602,000	183,762,000	180,936,000	175,448,000	173,862,000	173,214,000	171,409,000	167,922,000	168,454,000	166,273,000	165,294,000	163,553,000	161,713,000	160,004,000	158,761,000	157,851,000	157,490,000	155,631,000	153,820,000	154,113,000	152,651,000	155,688,000	164,038,000	158,298,000	150,568,000	146,225,000	142,129,000	140,436,000	141,439,000	138,370,000	136,390	132,631	131,972,000	134,555,000	135,052,000	133,549,000	132,488,000	128,759,000	124,534,000	119,114,000	113,383,000	84,825,000	77,918,000	71,042,000	64,755,000	59,080,000	53,399,000	48,830,000	46,785,000	42,784,000	27,997,000
total liabilities and shareholders’ equity	585,587,000	589,667,000	604,343,000	622,933,000	639,707,000	667,015,000	755,346,000				587,406,000
authorized – 100,000,000 shares, issued and outstanding – 11,371,730 and 11,439,292 shares as of december 31, 2025 and december 31, 2024, respectively		114,000
cash and temporary investments			38,401,000	31,821,000	27,360,000	24,337,000	40,600,000	23,816,000	26,809,000	29,909,000	26,847,000	30,502,000	29,720,000	40,153,000	33,208,000	31,129,000	29,292,000	54,332,000	50,407,000	53,934,000	56,199,000	57,521,000	47,512,000	37,116,000	43,094,000	26,072,000	27,459,000	27,236,000	18,979,000	27,037,000	18,665,000	19,713,000	15,056,000	21,895,000	33,499,000	32,030,000	24,499,000	31,115,000	32,840,000	29,552,000	33,346,000	38,449,000	40,965,000	35,971,000	38,305,000	39,597,000	36,279,000	39,052,000	40,544,000	42,864,000	41,205,000	43,413,000	47,427,000	48,591,000	43,492,000	40,760,000	37,587,000	50,153,000	35,653,000	54,931,000	39,073,000	46,334,000	42,962,000	38,767,000	38,477,000	36,160,000	38,212,000	27,390	21,414	19,445,000	20,427,000	22,166,000	24,233,000	23,282,000	11,304,000	8,564,000	12,734,000	8,204,000	4,550,000	3,127,000	5,511,000	6,147,000	7,703,000	6,669,000	2,661,000	2,812,000	3,418,000	5,240,000		206,000	8,091,000	6,406,000
income taxes payable			1,186,000	1,390,000	1,887,000	1,082,000	1,462,000	771,000	1,773,000	1,819,000	1,214,000	882,000	4,741,000	2,430,000
authorized – 5,000,000 shares, issued – none
authorized – 100,000,000 shares, issued – 11,431,416 and 11,439,292 shares as of september 30, 2025 and december 31, 2024, respectively			114,000
authorized – 100,000,000 shares, issued – 11,458,123 and 11,439,292 shares as of june 30, 2025 and december 31, 2024, respectively				115,000
authorized – 100,000,000 shares, issued – 11,459,278 and 11,439,292 shares as of march 31, 2025 and december 31, 2024, respectively					115,000
authorized – 100,000,000 shares, issued – 11,439,292 and 11,445,640 shares as of december 31, 2024 and december 31, 2023, respectively						114,000
authorized – 100,000,000 shares, issued – 11,439,292 and 11,445,640 shares at september 30, 2024 and december 31, 2023, respectively							114,000
right-of-use assets - operating leases								659,000	738,000	826,000	705,000	770,000	847,000	909,000	944,000	1,050,000	1,167,000	1,231,000	1,231,000	1,359,000	1,431,000	1,468,000	1,474,000	1,432,000	1,546,000	1,640,000	1,407,000	1,547,000	1,790,000
liabilities and shareholders' equity
shareholders' equity:
authorized – 5,000,000 shares, issued–none
authorized – 100,000,000 shares, issued - 11,453,792 and 11,445,640 shares at june 30, 2024 and december 31, 2023, respectively								115,000
total shareholders' equity								379,888,000																																																																																			62,718,000	62,364,000
total liabilities and shareholders' equity								748,167,000	696,531,000	647,210,000		606,995,000	558,165,000	501,429,000	477,264,000	497,849,000	467,481,000	438,847,000	408,625,000	427,479,000	427,660,000	398,410,000	399,310,000	363,973,000	417,886,000	391,967,000	401,122,000	422,550,000	402,675,000
noncurrent assets:
noncurrent liabilities:
noncurrent portion of operating lease obligation									426,000	506,000	422,000	496,000	569,000	597,000	628,000	722,000	816,000	870,000	881,000	992,000	1,061,000	1,116,000	1,153,000	1,128,000	1,229,000	1,307,000	1,061,000	1,182,000	1,432,000
preferred shares, 0.01 par value per share...
common shares, 0.01 par value per share...
authorized – 100,000,000 shares, issued and outstanding 11,469,960 and 11,445,640 outstanding at march 31, 2024 and december 31, 2023, respectively									115,000
preferred shares, 0.01 par value:
authorized–5,000,000 shares, issued–none
common shares, 0.01 par value:
authorized–100,000,000 shares, issued–11,445,640 and 11,416,716 at december 31, 2023 and 2022, respectively										114,000
preferred stock, 0.01 par value...
common stock											114,000																																																																								113,000
accumulated surplus											185,541,000	170,141,000	157,285,000	150,124,000	146,807,000	143,631,000	141,928,000	141,918,000	141,257,000	139,465,000	135,003,000	133,879,000	123,912,000	119,412,000	115,639,000	112,261,000	102,621,000	96,598,000	87,966,000	81,354,000	72,606,000	65,752,000	60,201,000	55,580,000	48,332,000	45,924,000	42,547,000	40,752,000				28,545,000				19,822,000				11,696,000				8,760,000				5,400,000
common stock, 0.01 par value...												114,000	114,000	114,000	114,000	114,000	114,000	114,000	114,000	114,000	114,000	114,000	114,000	114,000	114,000	114,000	114,000	114,000	114,000	114,000	114,000	114,000	114,000		114,000	114,000
current portion of finance lease obligation																4,000	9,000	15,000	21,000	22,000	22,000	21,000	22,000	22,000	21,000	21,000	21,000	21,000	20,000
noncurrent portion of finance lease obligation																				4,000	9,000	15,000	20,000	26,000	32,000	37,000	42,000	47,000	53,000
noncurrent liabilities
short-term obligations
long-term obligations due within one year																							100,000	185,000	276,000	368,000	368,000	479,000	380,000	305,000	389,000	386,000	409,000	394,000
noncurrent taxes payable																																	1,149,000	1,102,000
f-3
property, plant, and equipment																															84,373,000	83,162,000	79,829,000		74,189,000	70,642,000	64,657,000		55,246,000	50,497,000	44,115,000	39,475,000	34,791,000	32,975,000	32,339,000	32,050,000	31,629,000	30,962,000	30,097,000	30,834,000	31,415,000	32,040,000	32,089,000	32,188,000	32,333,000	32,503,000	32,918,000	33,120,000	31,828,000	32,139,000	32,618,000	33,813,000	33,897,000	33,825,000	31,509,000	32,203,000	32,875,000	33,576	34,027	34,757,000	35,486,000	35,833,000	35,177,000	33,807,000	32,885,000	31,894,000	29,605,000	27,527,000	22,190,000	19,389,000	17,673,000	17,443,000	17,410,000	17,686,000	18,247,000	18,762,000	19,414,000	20,977,000		9,643,000	42,363,000	52,259,000
2
long term obligations																																	10,718,000				10,000,000	5,000,000	20,000,000	20,000,000	10,000,000
preferred stock, .01 par value...
common stock, .01 par value...																																		114,000			113,000	113,000	113,000	113,000	113,000	113,000	113,000	113,000	113,000	113,000	113,000	113,000	113,000	113,000	112,000	112,000	112,000	112,000	111,000	111,000	111,000	110,000	113,000	119,000	118,000	117,000	117,000	117,000	116,000	116,000	116,000	116	116	116,000	116,000	116,000	116,000	116,000	116,000	116,000	115,000	115,000	114,000	114,000	113,000	113,000		112,000	112,000	112,000		93,000			93,000	93,000
accumulated other comprehensive income																																		-3,293,000	-3,223,000	-4,970,000	-6,778,000	-6,667,000	-4,980,000	-4,212,000	-5,042,000	-5,101,000	-3,686,000	-4,127,000	-3,466,000	-1,398,000	394,000	1,214,000	1,173,000	814,000	-114,000	-293,000	23,000	-70,000	-860,000	-1,119,000	435,000	137,000	1,920,000	1,764,000	956,000	66,000	-478,000	-1,469,000	380,000	2,417,000	1,583,000	1,403		-441,000	2,905,000	4,320,000	3,862,000	3,880,000	2,693,000	2,416,000	2,165,000	2,105,000	1,684,000	1,610,000	653,000	528,000	1,061,000	1,199,000	1,859,000	1,939,000	965,000	757,000
deferred income tax assets
current deferred income taxes																																							3,730,000	3,693,000	3,754,000	3,725,000	4,023,000	4,065,000	4,064,000	4,083,000	4,043,000	4,012,000	4,069,000	3,888,000	3,477,000	3,569,000	3,578,000	3,581,000	4,060,000	5,093,000	5,171,000	5,144,000	4,801,000	4,774,000	4,799,000	5,218,000	4,815,000	5,786,000	5,890,000	5,882,000	2,436,000	2,405	2,498	2,440,000	3,036,000	3,089,000	3,060,000	3,038,000	10,154,000	10,285,000	10,198,000	12,154,000
net sales																																									148,815,000	540,966,000																																															644,000
costs of operations																																									135,845,000	483,353,000
gross profit																																									12,970,000	57,613,000
operating expenses:
selling, general and administrative expenses																																									8,010,000
interest expense																																									198,000	919,000
other income																																									-341,000	340,000
total operating expenses																																									7,867,000	32,750,000
income before income taxes																																									5,103,000	24,863,000
income tax provision																																									1,743,000	8,887,000
net income																																									3,360,000	15,976,000																																															-7,887,000
basic income per common share																																									300	1,410
diluted income per common share																																									300	1,410
cash dividends declared per common share																																									170	640
weighted-average shares outstanding:
basic																																									11,345,000	11,324,000
diluted																																									11,373,000	11,360,000
selling, general, and administrative expenses																																										31,491,000
net income attributable to noncontrolling interests
net income attributable to miller industries, inc.																																										15,976,000
total miller industries, inc. shareholders’ equity																																														168,454,000	166,273,000	165,294,000	163,553,000	162,231,000	160,311,000	158,970,000	157,948,000
noncontrolling interest																																																		-518,000
noncontrolling interests																																																			-307,000	-209,000	-97,000
accumulated earnings																																																				9,847,000	8,519,000		8,531,000	7,080,000	5,973,000		1,821,000
current portion of long-term obligations																																																									2,000	5,000	10,000	16,000	31,000	44,000	58,000	70,000	129,000	185,000	234,000	282	1,696	1,849,000	1,901,000	1,858,000	1,867,000	1,802,000	1,602,000	1,594,000	1,598,000	1,623,000	1,586,000	1,569,000	1,560,000	1,595,000	1,618,000	1,525,000	6,322,000	2,052,000	2,240,000	2,050,000
long-term obligations, less current portion																																																													2,000	5,000	9,000	14,000	32,000	56,000	74,000	65	480	2,417,000	2,860,000	3,227,000	3,679,000	4,203,000	4,319,000	4,739,000	10,067,000	10,537,000	13,805,000	16,137,000	16,447,000	16,803,000	24,772,000	29,787,000	23,528,000	24,345,000	21,516,000	29,927,000
accumulated deficit																																																												-1,686,000	-6,033,000	-12,062,000	-15,680,000	-18,604,000	-21,761,000	-22,606,000	-24,623,000	-26,323	-27,709	-28,622,000	-29,318,000	-30,235,000	-31,281,000	-32,208,000	-34,673,000	-38,271,000	-43,144,000	-48,539,000	-75,760,000	-82,457,000	-87,999,000	-93,882,000	-99,856,000	-105,278,000	-110,443,000	-112,468,000	-115,578,000	-117,943,000			-80,486,000	-80,143,000
prepaid expenses and other																																																															2,784,000	2,186,000	2,254,000	2,296,000	2,183,000	2,891	3,435	1,840,000	3,000,000	2,863,000	3,086,000	1,775,000	2,212,000	3,273,000	4,141,000	2,079,000	2,285,000	3,770,000	3,524,000	739,000	1,693,000	3,016,000	3,509,000	1,525,000	2,876,000	1,783,000			8,318,000	13,954,000
deferred income taxes																																																																746,000	2,411,000	3,365,000	7,686,000	8,217	8,355	8,542,000	7,915,000	8,197,000	8,391,000	8,615,000	3,457,000	4,845,000	7,586,000	7,586,000													11,654,000	12,323,000
accrued liabilities and other																																																															13,233,000	11,981,000	10,450,000	11,501,000	11,611,000	12,343	12,890	11,333,000	10,505,000	10,442,000	10,475,000	10,623,000	12,952,000	14,581,000	17,273,000	13,269,000	10,283,000	10,041,000	11,123,000	9,821,000	7,820,000	8,160,000	8,197,000	5,736,000	6,346,000	4,371,000		2,839,000	21,648,000	24,686,000
current assets of discontinued operations held for sale																																																																															675,000	747,000	1,582,000	2,422,000	4,353,000	4,486,000	4,537,000	5,728,000	15,045,000	23,757,000
noncurrent assets of discontinued operations held for sale																																																																															377,000	377,000	647,000	647,000	663,000	663,000	1,000,000	1,128,000	1,665,000	1,954,000
current liabilities of discontinued operations held for sale																																																																															4,831,000	4,964,000	5,627,000	6,244,000	7,551,000	8,436,000	9,021,000	10,405,000	18,805,000	23,764,000
noncurrent liabilities of discontinued operations held for sale																																																																																			336,000	1,471,000	1,999,000	2,275,000	5,965,000	9,545,000
preferred stock, .01 par value: 5,000,000 shares authorized, none issued or outstanding
patents, trademarks, and other purchased product rights																																																																																								392,000
operating activities
adjustments to reconcile net income to net cash from operating activities
investing activities
financing activities
effect of exchange rate changes on cash and temporary investments																																																																																									1,180,000
net change in cash and temporary investments																																																																																									2,954,000
cash and temporary investments, beginning of period																																																																																									2,097,000
cash and temporary investments,-discontinued operations, beginning of period																																																																																									1,752,000
cash and temporary investments-discontinued operations, end of period																																																																																									1,463,000
cash and temporary investments, end of period																																																																																									5,340,000
supplemental disclosure of cash flow information
dist.
operating income																																																																																									-540,000
income from discontinued operations																																																																																									-3,649,000
prepaid expenses and other current assets																																																																																										318,000
current assets of discontinued operations																																																																																										5,986,000	5,484,000
noncurrent assets of discontinued operations																																																																																										9,643,000	9,135,000
current liabilities of discontinued operations																																																																																										13,441,000	3,762,000
long-term debt
noncurrent liabilities of discontinued operations																																																																																											11,767,000
chassis
raw materials
work in process
finished goods
long-term debt, less current portion																																																																																											69,510,000	86,267,000
shareholders' equity

Cashflow Statements:

Quarterly

Annual

Unit: USD	2026-03-31	2025-12-31	2025-09-30	2025-06-30	2025-03-31	2024-12-31	2024-09-30	2024-06-30	2024-03-31	2023-12-31	2023-09-30	2023-06-30	2023-03-31	2022-12-31	2022-09-30	2022-06-30	2022-03-31	2021-12-31	2021-09-30	2021-06-30	2021-03-31	2020-12-31	2020-09-30	2020-06-30	2020-03-31	2019-12-31	2019-09-30	2019-06-30	2019-03-31	2018-12-31	2018-09-30	2018-06-30	2018-03-31	2017-12-31	2017-09-30	2017-06-30	2017-03-31	2016-12-31	2016-09-30	2016-06-30	2016-03-31	2015-12-31	2015-09-30	2015-06-30	2015-03-31	2014-12-31	2014-09-30	2014-06-30	2014-03-31	2013-12-31	2013-09-30	2013-06-30	2013-03-31	2012-12-31	2012-09-30	2012-06-30	2012-03-31	2011-12-31	2011-09-30	2011-06-30	2011-03-31	2010-12-31	2010-09-30	2010-06-30	2010-03-31	2009-12-31	2009-09-30	2009-06-30	2009-03-31	2008-12-31	2008-09-30	2008-06-30	2008-03-31	2007-12-31	2007-09-30	2007-06-30	2007-03-31	2006-12-31	2006-09-30	2006-06-30	2006-03-31	2005-12-31	2005-09-30	2005-06-30	2005-03-31	2003-12-31	2002-03-31

cash flows from operating activities:
net income	555,000	3,409,000	3,082,000	8,458,000	8,065,000	10,532,000	15,425,000	20,514,000	17,023,000	16,695,000	17,461,000	14,915,000	9,220,000	9,292,000	5,232,000	3,757,000	2,065,000	2,715,000	3,846,000	6,516,000	3,178,000	12,020,000	6,553,000	5,826,000	5,431,000	11,692,000	8,076,000	10,683,000	8,660,000	10,799,000	8,677,000	7,600,000	6,670,000	9,296,000	4,456,000	5,425,000	3,839,000	4,453,000	5,522,000	6,587,000	3,360,000	3,878,000	3,168,000	5,866,000	3,064,000				2,300,000	2,168,000				1,676,000	2,890,000	2,546,000	2,010,000	4,917,000	4,871,000	5,776,000	7,444,000	3,617,000	4,933,000	1,149,000	2,008,000	2,017,000	1,700,000	1,386,000	913,000	696,000	917,000	1,046,000	927,000	2,465,000	3,598,000	4,873,000	5,395,000	27,231,000	6,687,000	5,542,000	5,883,000	5,974,000	5,422,000	5,165,000	2,025,000
adjustments to reconcile net income to net cash flows from operating activities:
depreciation and amortization	4,222,000	3,795,000	3,512,000	3,721,000	3,657,000	3,435,000	3,664,000	3,465,000	3,506,000	3,562,000	3,320,000	3,213,000	3,148,000	3,134,000	3,005,000	2,830,000	2,793,000	2,912,000	2,790,000	2,894,000	2,440,000	2,683,000	2,325,000	2,337,000	2,253,000	2,515,000	2,398,000	2,107,000	2,107,000		2,059,000	1,772,000	1,746,000	1,978,000	1,483,000	1,340,000	1,346,000	1,469,000	1,161,000	1,095,000	1,103,000	1,279,000	1,007,000	999,000	1,032,000	1,157,000	985,000	937,000	936,000	961,000	953,000	951,000	898,000	1,025,000	932,000	936,000	914,000	1,097,000	846,000	856,000	876,000	993,000	868,000	842,000	830,000	833,000	874,000	880,000	888,000	805,000	896,000	849,000	890,000	1,007,000	718,000	711,000	698,000	602,000	698,000	721,000	700,000	578,000	757,000	771,000	794,000		2,382,000
non-cash operating lease expense	146,000
loss on disposal of property, plant and equipment	70,000	72,000				134,000	1,000	0	-7,000	-207,000	-45,000			-1,000	-16,000			-45,000	8,000	-6,000	5,000	13,000	-1,000	-2,000	7,000				2,000						19,000
provision for credit losses	49,000	-273,000	54,000	54,000	54,000	164,000	55,000	54,000	52,000	55,000	58,000	45,000	45,000	48,000	45,000	36,000	45,000
stock-based compensation	-43,000	1,126,000	1,127,000	1,153,000	1,921,000	969,000	572,000	1,302,000	383,000	259,000																																												32,000	100,000	100,000	100,000	100,000	99,000	100,000	100,000	100,000	99,000	100,000	100,000	100,000	99,000	100,000	100,000	66,000	0	0	77,000	77,000	77,000	77,000	77,000	77,000	77,000
deferred tax provision	-199,000	-1,391,000	-42,000	93,000	-175,000	-1,179,000	-76,000	48,000	37,000	-2,039,000	-98,000	22,000	-66,000	1,042,000	-37,000	93,000	-37,000	1,003,000	-104,000	116,000	-3,000	353,000	450,000	-21,000	-30,000	1,649,000	-100,000	118,000	41,000	445,000	-59,000	-25,000	207,000
changes in operating assets and liabilities:
accounts receivable	11,716,000	39,305,000	37,864,000	23,759,000	20,791,000	59,558,000	18,166,000	-52,901,000	-52,972,000	-45,512,000	24,140,000	-28,992,000	-55,235,000	-9,198,000	22,561,000	2,252,000	-39,960,000	-23,035,000	30,096,000	6,028,000	-25,812,000	8,187,000	-25,977,000	45,507,000	-342,000	-2,764,000	32,021,000	-14,216,000	-34,646,000	6,454,000	-10,222,000	-11,841,000	-3,744,000	2,650,000	-863,000	-1,102,000	-7,353,000	-63,000	11,567,000	-9,022,000	-19,735,000	5,951,000	15,686,000	-15,629,000	-272,000	-17,954,000	-3,056,000	-14,097,000	-1,259,000	2,431,000	-3,832,000	-15,703,000	-4,889,000	3,866,000	4,570,000	6,977,000	-13,529,000	11,055,000	-5,318,000	17,200,000	-24,302,000	1,495,000	-4,086,000	-5,676,000	-8,111,000	-4,277,000	-2,893,000	3,352,000	11,447,000	2,285,000	-2,079,000	-1,256,000	12,638,000	9,705,000	4,571,000	4,500,000	-1,471,000	-5,507,000	-7,115,000	1,218,000	-7,494,000	-2,575,000	559,000	-5,890,000	-9,761,000		353,000
inventories	12,454,000	8,965,000	-14,435,000	3,094,000	21,291,000	1,735,000	-1,577,000	-2,981,000	5,003,000	-12,760,000	-8,254,000	913,000	-10,320,000	-8,123,000	-5,143,000	-18,048,000	-9,434,000	-7,081,000	-17,676,000	-6,746,000	-568,000	3,630,000	5,057,000	1,503,000	-4,724,000	10,516,000	-7,469,000	4,513,000	-2,107,000	-10,019,000	-822,000	-4,585,000	-8,439,000	-3,804,000	4,408,000	9,000	-3,457,000	-95,000	3,909,000	2,566,000	-5,362,000	-2,416,000	-6,532,000	4,004,000	-6,071,000	8,314,000	-10,854,000	2,885,000	-3,629,000	101,000	-2,030,000	-1,478,000	-5,099,000	420,000	2,675,000	3,916,000	-3,978,000	5,908,000	-4,905,000	3,611,000	-13,974,000	-8,885,000	-28,499,000	32,036,000	1,267,000	235,000	2,645,000	8,024,000	-1,665,000	-707,000	-632,000	-2,523,000	-2,965,000	-2,055,000	6,580,000	2,477,000	-1,846,000	3,731,000	615,000	-4,340,000	-3,502,000	-1,857,000	2,047,000	2,274,000	-7,043,000		-5,132,000
prepaid expenses	-5,658,000	5,557,000	-31,000	-1,530,000	-10,268,000	4,609,000	-2,374,000	748,000	-4,230,000	706,000	1,058,000	479,000	-2,193,000	1,489,000	1,357,000	1,276,000	-2,992,000	606,000	1,061,000	-893,000	-3,377,000	1,168,000	1,409,000	2,000,000	-2,925,000	-46,000	1,139,000	-85,000	-2,537,000	333,000	943,000	1,858,000	-2,145,000	-1,050,000	995,000	1,978,000	-1,158,000	-2,350,000	1,086,000	-385,000	-1,712,000	742,000	855,000	1,001,000	-2,629,000	997,000	924,000	4,000	-1,774,000	523,000	283,000	428,000	-1,407,000	-58,000	542,000	911,000	-1,125,000	-230,000	109,000	649,000	810,000
other assets	-2,079,000	149,000	196,000	-255,000	15,000	22,000	105,000	121,000	116,000	-119,000	-16,000	110,000	88,000	-27,000	17,000	72,000	-38,000	-74,000	86,000	67,000	37,000	-31,000	110,000	15,000	227,000	-172,000	112,000	178,000	491,000	85,000	-4,000	-39,000	18,000		-17,000	23,000	22,000		-10,000	-28,000	-10,000		55,000	7,000	-306,000																																										7,000
accounts payable	7,175,000	-8,066,000	-16,023,000	-16,837,000	-32,336,000	-87,567,000	-9,396,000	13,945,000	37,588,000	44,945,000	-42,517,000	18,505,000	44,003,000	14,675,000	-29,384,000	-1,078,000	20,272,000	31,735,000	-19,911,000	-5,442,000	27,557,000	-7,526,000	32,707,000	-37,548,000	1,486,000	-19,351,000	-14,415,000	22,027,000	9,574,000	-2,367,000	8,969,000	9,819,000	3,004,000	855,000	-3,690,000	-5,162,000	2,191,000	16,462,000	-9,395,000	-8,536,000	14,400,000	-2,872,000	-5,248,000	2,061,000	9,878,000	6,079,000	8,145,000	7,684,000	2,754,000	-4,357,000	2,180,000	9,243,000	9,098,000	-955,000	-4,869,000	-9,366,000	6,297,000	777,000	1,204,000	-12,173,000	16,078,000	5,680,000	-20,103,000	21,364,000	8,421,000	-2,139,000	7,738,000	-6,474,000	-8,007,000	-4,969,000	155,000	1,044,000	-7,006,000	1,789,000	-12,172,000	-9,858,000	568,000	5,319,000	3,799,000	-2,681,000	5,653,000	1,158,000	-2,167,000	693,000	10,268,000		5,027,000
operating lease obligation	-146,000
accrued liabilities	2,268,000	-5,405,000	5,544,000	6,012,000	-10,669,000	-3,973,000	4,841,000	5,988,000	2,738,000	591,000	5,750,000	2,760,000	1,895,000	-1,036,000	5,365,000	2,733,000	-1,925,000	-249,000	1,574,000	-182,000	-861,000	-3,964,000	-1,590,000	5,223,000	-3,479,000	3,034,000	-1,924,000	813,000	356,000	-1,446,000	-309,000	3,210,000	607,000	-3,842,000	494,000	2,614,000	1,317,000	-1,008,000	-2,574,000	3,403,000	149,000	-1,218,000	208,000	3,015,000	-1,667,000	2,884,000	1,487,000	1,118,000	-95,000	1,274,000	-966,000	2,245,000	862,000	33,000	-2,973,000	349,000	-1,970,000	1,676,000	-1,881,000	830,000	4,870,000																										-18,000
income taxes payable	217,000	1,618,000	-497,000	-496,000	384,000	40,000	692,000	-1,003,000	-46,000				2,367,000
net cash flows from operating activities	30,747,000	48,860,000	19,904,000	27,242,000	2,714,000	-11,719,000	30,296,000	-10,684,000	8,977,000	6,750,000	1,303,000	9,674,000	-6,764,000	12,447,000	3,225,000	-5,891,000	-28,936,000	8,232,000	1,817,000	2,372,000	2,847,000	16,580,000	21,094,000	24,887,000	-1,852,000	7,108,000	19,699,000	26,179,000	-17,854,000	6,526,000	9,280,000	8,000,000	-1,909,000	5,307,000	7,254,000	4,469,000	-3,077,000	21,506,000	11,320,000	-4,209,000	-7,691,000	6,272,000	9,356,000	1,374,000	3,057,000	7,477,000	1,157,000	2,025,000	-746,000	2,771,000	-780,000	-1,471,000	672,000	5,917,000	4,945,000	6,538,000	-11,291,000	24,466,000	-5,117,000	16,524,000	-7,535,000	3,765,000	4,483,000	4,444,000	4,833,000	-2,412,000	10,788,000	7,065,000	4,278,000	1,641,000	-49,000	-477,000	3,495,000
cash flows from investing activities:
purchases of property, plant and equipment	-7,923,000	-5,105,000	-1,798,000	-1,676,000	-5,128,000	-1,267,000	-6,291,000	-3,122,000	-4,672,000	-2,363,000	-3,124,000	-4,861,000	-1,749,000	-3,812,000	-2,287,000	-18,749,000	-4,091,000	-1,293,000	-2,439,000	-2,929,000	-2,489,000	-4,809,000	-5,146,000	-4,019,000	-3,526,000	-1,957,000	-6,997,000	-5,282,000	-3,155,000		-3,259,000	-5,512,000	-3,880,000		-4,942,000	-7,911,000	-6,393,000		-5,955,000	-7,451,000	-5,749,000		-2,805,000	-1,656,000	-1,416,000		-1,686,000	-1,810,000	-202,000		-351,000	-906,000	-815,000		-744,000																				-1,573,000
proceeds from sale of property, plant and equipment	38,000	257,000				-18,000	0	68,000	9,000	370,000	-211,000			0	0	0	8,000	85,000	2,000			233,000	1,000	32,000	10,000	297,000	24,000				-15,000	72,000	60,000																						19,000	0	1,000		0	0	989,000		0	2,000	22,000		0	0	1,000		0				1,000	109,000	33,000		56,000	2,000	33,000
net cash flows from investing activities	-7,885,000	-23,462,000	-518,000	-1,676,000	-5,128,000	-1,285,000	-6,291,000	-3,030,000	-4,663,000	-1,567,000	-3,335,000	-22,424,000	-1,749,000	-3,812,000	-2,287,000	-18,749,000	-4,083,000	-1,208,000	-2,437,000	-2,925,000	-2,489,000	-4,576,000	-5,145,000	-3,987,000	-3,516,000	-1,660,000	-6,973,000	-5,275,000	-3,155,000	-667,000	-3,274,000	-5,440,000	-3,820,000	-5,447,000	-4,944,000	-6,606,000	-6,393,000	-5,238,000	-5,940,000	-8,096,000	-5,749,000	-6,023,000	-2,805,000	-1,656,000	-1,415,000	-1,626,000	-1,682,000	-1,800,000	-193,000	-337,000	-334,000	-859,000	-805,000	-832,000	-721,000	-597,000	-686,000	-2,489,000	-514,000	-287,000	523,000	-713,000	-798,000	-3,167,000	-187,000	-76,000	-52,000	-213,000	-201,000	-328,000	-693,000	-1,468,000	-2,179,000
cash flows from financing activities:
repurchase of common stock	-2,177,000	-2,224,000	-1,160,000	-500,000	-2,102,000	0	-851,000
net borrowings (payments) under credit facility	-10,000,000		-10,000,000
payments of cash dividends	-2,388,000	-2,286,000	-2,286,000	-2,294,000	-2,288,000	-2,173,000	-2,176,000	-2,193,000	-2,179,000	-2,071,000	-2,059,000	-2,060,000	-2,059,000	-2,055,000	-2,056,000	-2,054,000	-2,055,000	-2,054,000	-2,054,000	-2,054,000	-2,054,000	-2,053,000	-2,053,000	-2,053,000	-2,053,000	-2,052,000	-2,053,000	-2,051,000	-2,052,000	-2,051,000	-2,051,000	-2,049,000	-2,049,000	-2,049,000	-2,048,000	-2,048,000	-2,043,000	-1,929,000	-1,928,000	-1,929,000	-1,929,000	-1,815,000	-1,814,000	-1,815,000	-1,809,000	-1,695,000	-1,696,000	-1,695,000	-1,692,000	-1,577,000	-1,575,000	-1,573,000	-1,569,000	-1,447,000	-1,439,000	-1,439,000	-1,437,000	-1,337,000	-1,365,000	-1,429,000	-1,415,000	0	0	0	-1,163,000
net cash flows from financing activities	-14,565,000	-20,119,000	-13,446,000	-22,794,000	5,610,000	-2,173,000	-8,027,000	10,760,000	-7,179,000	-2,071,000	-2,059,000	12,940,000	-2,059,000	-2,055,000	2,940,000	27,941,000	7,939,000	-2,060,000	-2,059,000	-2,060,000	-2,059,000	-2,161,000	-7,170,000	-27,150,000	22,850,000	-7,151,000	-12,148,000	-12,146,000	12,848,000	2,847,000	-7,088,000	2,826,000	-1,550,000	-11,440,000	-2,047,000	8,094,000	2,957,000	-16,926,000	-1,928,000	8,071,000	8,071,000	-1,815,000	-1,804,000	-1,719,000	-1,623,000	-1,684,000	-1,696,000	-1,687,000	-1,498,000	-1,388,000	-1,460,000	-1,563,000	-1,037,000	-640,000	-1,438,000	-1,397,000	-1,025,000	-6,273,000	-13,485,000	-962,000	-823,000	58,000	49,000	163,000	-1,219,000	45,000	-42,000	-1,842,000	-2,090,000	-480,000	-317,000	-464,000	-461,000
effects of exchange rate changes on cash and cash equivalents	-6,000
net change in cash and cash equivalents	8,291,000
cash and cash equivalents, beginning of period	44,682,000
cash and cash equivalents, end of period	52,973,000
supplemental information:
cash payments for interest	815,000	1,182,000	1,410,000	3,496,000	961,000	2,326,000	2,495,000	3,887,000	1,003,000	2,334,000	2,285,000	1,980,000	1,493,000	1,430,000	880,000	555,000	467,000	466,000	441,000	383,000	280,000	393,000	456,000	609,000	594,000	749,000	845,000	868,000	787,000	649,000	667,000	600,000	521,000	599,000	576,000	543,000	501,000	563,000	494,000	484,000	336,000	333,000	438,000	333,000	328,000	272,000	258,000	262,000	223,000	247,000	232,000	226,000	207,000	256,000	269,000	279,000	266,000	254,000	504,000	-29,000	239,000	201,000	215,000	32,000	244,000	252,000	270,000	277,000	392,000	382,000	398,000	487,000	596,000	884,000	1,174,000	1,157,000	902,000	1,031,000	941,000	1,073,000	852,000	843,000	828,000	1,194,000	1,010,000		1,778,000
cash payments for income taxes, net of refunds	686,000	863,000	3,156,000	2,717,000	763,000	5,190,000	7,297,000	10,935,000	277,000	5,073,000	4,712,000	7,773,000	495,000	529,000	-219,000	924,000	572,000	737,000	1,568,000	2,981,000	604,000	2,796,000	2,215,000	971,000	739,000	1,017,000	3,801,000	4,297,000	952,000	1,321,000	2,437,000	2,941,000	758,000	5,143,000	1,911,000	552,000	209,000	2,394,000	5,768,000	1,626,000	1,817,000	1,658,000	3,556,000	1,703,000	1,649,000	1,420,000	1,944,000	1,389,000	1,701,000	1,145,000	940,000	745,000	-411,000	120,000	524,000	2,280,000	934,000	4,489,000	6,085,000	1,254,000	750,000	173,000	347,000	-269,000	899,000	407,000	830,000	1,239,000	279,000
right-of-use assets obtained in exchange for new operating lease liabilities	1,653,000
issuance of common stock, net of shares withheld for employee taxes		0	0					16,000	-214,000
acquisition of business, net of cash
net (payments) borrowings under credit facility
payments of long-term debt
acquisition of business						0	0			426,000	0
effects of exchange rate changes on cash and temporary investments			640,000	1,689,000	-173,000	-1,086,000	806,000
net change in cash and temporary investments			6,580,000	4,461,000	3,023,000	-16,263,000	16,784,000	-2,993,000	-3,100,000	3,062,000	-3,655,000	782,000	-10,433,000	6,945,000	2,079,000	1,837,000	-25,040,000	3,925,000	-3,527,000	-2,265,000	-1,322,000	10,009,000	10,396,000	-5,978,000	17,022,000	-1,387,000	223,000	8,257,000	-8,058,000	8,372,000	-1,048,000	4,657,000	-6,839,000	-11,604,000	1,469,000	7,531,000	-6,616,000	-1,725,000	3,288,000	-3,794,000	-5,103,000	-2,516,000	4,994,000	-2,334,000	-1,292,000	3,318,000	-2,773,000	-1,492,000	-2,320,000	1,659,000	-2,208,000	-4,014,000	-1,164,000	5,099,000	2,732,000	3,173,000	-12,566,000	14,500,000	-19,278,000	15,858,000	-7,261,000	3,372,000	4,195,000	290,000	2,317,000	-2,052,000	10,822,000	5,976,000	1,969,000	-982,000	-1,739,000	-2,067,000	951,000	11,978,000	2,740,000	-4,170,000	4,530,000	3,552,000	1,482,000	-2,542,000	-458,000	-1,631,000	1,132,000	3,892,000	-609,000	591,000
cash and temporary investments, beginning of period			0	0	24,337,000	0	0	0	29,909,000	0	0	0	40,153,000	0	0	0	54,332,000	0	0	0	57,521,000	0	0	0	26,072,000	0	0	0	27,037,000		0	0	21,895,000		0	0	31,115,000		0	0	38,449,000		0	0	39,597,000		0	0	42,864,000		0	0	48,591,000		0	0	50,153,000		0	0	46,334,000		0	0	36,160,000		0	0	19,445,000		0	0	23,282,000		0	0	8,204,000		0	0	6,147,000		0	0	2,812,000	0	9,863,000
cash and temporary investments, end of period			6,580,000	4,461,000	27,360,000	-16,263,000	16,784,000	-2,993,000	26,809,000	3,062,000	-3,655,000	782,000	29,720,000	6,945,000	2,079,000	1,837,000	29,292,000	3,925,000	-3,527,000	-2,265,000	56,199,000	10,009,000	10,396,000	-5,978,000	43,094,000	-1,387,000	223,000	8,257,000	18,979,000		-1,048,000	4,657,000	15,056,000		1,469,000	7,531,000	24,499,000		3,288,000	-3,794,000	33,346,000		4,994,000	-2,334,000	38,305,000		-2,773,000	-1,492,000	40,544,000		-2,208,000	-4,014,000	47,427,000		2,732,000	3,173,000	37,587,000		-19,278,000	15,858,000	39,073,000		4,195,000	290,000	38,477,000		10,822,000	5,976,000	21,414,000		-1,739,000	-2,067,000	24,233,000		2,740,000	-4,170,000	12,734,000		1,423,000	-2,384,000	5,511,000		1,034,000	4,008,000	2,661,000	-100,000	6,406,000
gain on disposal of property, plant and equipment				15,000	-16,000
net borrowings under credit facility					10,000,000	0	-5,000,000							0	5,000,000	30,000,000	10,000,000											-10,000,000	15,000,000					-10,000,000	0	10,000,000	5,000,000	-15,000,000	0	10,000,000	10,000,000
finance lease obligation payments														0	-4,000	-5,000	-6,000	-6,000	-5,000	-6,000	-5,000	-5,000	-6,000			-5,000	-5,000
payments on credit facility									-5,000,000
effect of exchange rate changes on cash and temporary investments									-235,000	-50,000	436,000	592,000	139,000	365,000	-1,799,000	-1,464,000	40,000	-1,039,000	-848,000	348,000	379,000	166,000	1,617,000	272,000	-460,000	316,000	-355,000	-501,000	103,000	-334,000	34,000	-729,000	440,000	-24,000	1,206,000	1,574,000	-103,000	-1,067,000	-164,000	440,000	266,000	-950,000	247,000	-333,000	-1,311,000	-849,000	-552,000	-30,000	117,000	613,000	366,000	-121,000	6,000	654,000	-54,000	-1,371,000	436,000	-1,204,000	-162,000	583,000	574,000	262,000	461,000	-1,150,000	-1,110,000	391,000	128,000	966,000	-18,000	-1,815,000	-680,000	342,000	96,000	594,000	107,000	97,000	27,000	177,000	48,000	405,000	67,000	-280,000	11,000	-188,000	-100,000	389,000	-78,000
issuance of non-employee director shares												62,000	61,000	0	0	0	200,000	0	0	0	200,000	0	0	0	194,000	0	0	0	150,000	0	0	0	150,000	0	0	0	150,000	0	0	0	96,000	0	0	0	96,000	0	0	0	96,000	0	0	0	75,000	0	0	0	75,000	0	0	0	100,000	-1,000	0	19,000	75,000	0	0	0	75,000	0	0	0	75,000	0	0	0	75,000	0	0	0	75,000	0	0	0	75,000
operating activities:
investing activities:
financing activities:
net payments under credit facility
supplemental disclosure of cash flow information:
stock-based compensation on nonvested restricted stock units												8,000	223,000	223,000	223,000	222,000	75,000
net payments on other long-term obligations																							-113,000	-92,000	-92,000
provision for doubtful accounts																			47,000	20,000	51,000	47,000	51,000	47,000	50,000	48,000	-135,000	47,000	55,000	51,000	48,000	59,000	56,000	118,000	18,000	-101,000	51,000	-639,000	91,000	43,000	43,000	97,000	84,000	49,000	52,000	85,000	63,000	50,000	45,000	76,000	43,000	45,000	47,000	58,000	45,000	93,000	61,000	105,000	45,000	45,000	45,000	54,000	76,000	45,000	45,000	206,000	168,000	45,000	295,000	499,000	45,000	33,000	57,000	87,000	75,000	75,000	75,000	294,000	516,000	0	255,000	347,000	246,000	189,000	45,000		595,000
net proceeds under credit facility																						0			25,000,000
net proceeds on other long-term obligations																										-92,000	-90,000	-90,000	-95,000
proceeds from exercise of stock options																														0
depreciation
loss on disposals of property and equipment
purchases of property, plant, and equipment																																																									-691,000	-2,517,000	-518,000	-318,000	-608,000	-812,000	-873,000	-3,286,000	-308,000	-149,000	-155,000	-229,000	-222,000	-355,000	-724,000	-1,507,000	-2,264,000				-2,803,000	-5,875,000	-3,510,000	-2,295,000	-884,000	-594,000	-341,000	-264,000	-226,000		-1,806,000
proceeds from sale of property and equipment
net proceeds from other long-term obligations																														-102,000	-93,000
cash and temporary investments, beginning of year
cash and temporary investments, end of year
loss on disposals of property, plant and equipment																																172,000	-39,000
proceeds from other long-term obligations																																	499,000
adjustments to reconcile net income to net cash from operating activities:
deferred income tax provision																																			-49,000	88,000	-25,000		-37,000	65,000	-23,000		78,000	1,000	-19,000		-31,000	57,000	-181,000		92,000	9,000	3,000		1,033,000	76,000	-27,000		-26,000	25,000	418,000		1,713,000	1,767,000	938,000		503,000	239,000	127,000		331,000	167,000	-197,000		1,524,000	2,733,000	1,877,000						-30,000	-6,000	-13,000		95,000
proceeds from sale of plant, property & equipment																																			-2,000				0
proceeds from stock option exercises																																			1,000								5,000	96,000	85,000		0	8,000	172,000		94,000	10,000	405,000		1,000	54,000	297,000		301,000	1,188,000	611,000		82,000	266,000	14,000
adjustments to reconcile net income to net cash used in operating activities:
loss on the deconsolidation of subsidiary
loss on disposals of equipment
excess tax benefit from stock-based compensation																																										0	-5,000	0	-101,000	-5,000	0	0	-22,000	-77,000	-21,000	0	-127,000	-307,000	0	0	-119,000	-728,000	-161,000
proceeds from sale of equipment
gain/loss on disposal of equipment																																							0
net (payments on) proceeds from notes receivable																																							15,000
payments received on notes receivable																																											0	0	1,000		4,000	10,000	9,000		14,000	47,000	10,000		4,000	4,000	4,000		4,000	31,000	142,000		75,000	117,000	99,000		103,000	16,000	20,000
payments received on notes receivables																																																																						27,000	31,000	37,000	85,000	91,000	105,000	130,000	156,000	433,000	56,000	48,000	67,000	63,000	47,000	60,000	57,000
loss on deconsolidation of subsidiary																																															0	0	83,000
payments on long-term obligations																																																						0	0	-1,000	-4,000	-3,000	-7,000	-18,000	-19,000	-23,000	-17,000	-68,000	-70,000	-76,000	-86,000	-1,842,000	-2,090,000	-468,000	-468,000	-464,000	-459,000	-479,000	-415,000	-416,000	-493,000	-401,000	-385,000	-400,000	-417,000	335,000	-431,000	-558,000	-569,000		-1,046,000
additions to deferred financing costs																																																														0	-16,000							0				0				-1,000	0			-3,000	-62,000	-286,000	-38,000		-177,000
consolidated net income																																															3,494,000					2,789,000	1,207,000
gain on disposal of equipment
loss on disposal of equipment																																																				0	4,000														0	0	17,000
payments for common stock repurchased																																																										-6,327,000	-12,575,000
additions to deferred financing activities																																																							0
other long-term assets																																																														0	-1,000
borrowings under long-term obligations																																																																		2,000				-12,000								161,000	77,000								990,000
prepaid expenses and other																																																														-773,000	-2,696,000	2,172,000	14,000	-59,000	703,000	582,000	-1,605,000	1,137,000	-173,000	232,000	-1,310,000	450,000	1,067,000	888,000	-2,062,000	111,000	1,495,000	-243,000	-2,753,000	972,000	1,353,000	482,000	-1,968,000		-1,846,000
accrued liabilities and other																																																														-52,000	-9,699,000	12,740,000	-759,000	-251,000	-756,000	-1,074,000	1,670,000	1,453,000	482,000	-100,000	278,000	-2,099,000	-1,678,000	-2,789,000	4,069,000	-551,000	285,000	-1,301,000	1,224,000	2,033,000	-293,000	22,000	2,448,000
amortization of deferred financing costs																																																															9,000	11,000	5,000	4,000	7,000	5,000	23,000	5,000	9,000	31,000	31,000	31,000	31,000	30,000	31,000	31,000	31,000	31,000	30,000	47,000	27,000	133,000	133,000
assets
current assets:
cash and temporary investments
accounts receivable, net of allowance for doubtful accounts of 1,898 and 2,090 at june 30, 2010 and december 31, 2009, respectively
current deferred income taxes
total current assets
property, plant, and equipment
goodwill
deferred income taxes
liabilities and shareholders’ equity
current liabilities:
current portion of long-term obligations
total current liabilities
long-term obligations, less current portion
commitments and contingencies
shareholders’ equity:
preferred stock, .01 par value; 5,000,000 shares authorized, none issued or outstanding
common stock, .01 par value; 100,000,000 shares authorized, 11,680,692 and 11,627,315 outstanding at june 30, 2010 and december 31, 2009, respectively
additional paid-in capital
accumulated deficit
accumulated other comprehensive income
total shareholders’ equity
net sales
costs and expenses:
costs of operations
selling, general and administrative expenses
interest expense
other expense
total costs and expenses
income before income taxes
income tax provision
basic income per common share
diluted income per common share
weighted average shares outstanding:
basic
diluted
(gain) loss on disposals of equipment
payments under junior credit facility
non-cash investing and financing activities:
capital leases
other																																																																								0	-2,000
gain from discontinued operations
tax benefit of advances to and investments in discontinued operations
gain on disposals of equipment
net cash flows from operating activities from continuing operations
net cash flows from operating activities from discontinued operations
net cash flows from investing activities from continuing operations
net cash flows from investing activities from discontinued operations
net cash flows from financing activities from continuing operations
net cash flows from financing activities from discontinued operations
cash and temporary investments-discontinued operations, beginning of year
cash and temporary investments-discontinued operations, end of year
gain on disposals of property, plant and equipment
payments under subordinated credit facility																																																																											0				0
proceeds from the exercise of stock options																																																																											275,000	218,000	124,000		58,000	300,000	126,000		397,000	64,000	25,000
cash payments for income taxes																																																																							218,000	428,000	1,078,000	145,000	536,000	1,157,000	464,000	433,000	652,000	1,799,000	593,000	297,000	264,000	231,000	73,000		240,000
(gain) loss from discontinued operations
net borrowings under senior credit facility																																																																															-2,000,000				-3,687,000	16,802,000	4,012,000
(payments) borrowings under junior credit facility
net payments under former credit facility																																																																																			-821,000
termination of interest rate swap																																																																																		0	0	33,000	24,000		-341,000
net cash from operating activities from continuing operations																																																																											4,282,000	3,717,000	7,486,000	11,621,000	7,088,000	-976,000	148,000	6,718,000	7,951,000	3,867,000	-2,951,000
net cash from operating activities from discontinued operations																																																																														-411,000	-6,000	349,000	315,000	-702,000	-614,000	-331,000	-578,000
net cash from operating activities																																																																											4,282,000	3,717,000	7,486,000	11,210,000	7,082,000	-627,000	463,000	6,016,000	7,337,000	3,536,000	-3,529,000		1,177,000
capital expenditures																																																																											-1,573,000	0	-2,803,000	-5,875,000	-3,510,000	-2,295,000	-884,000	-594,000	-341,000	-264,000	-226,000		-1,806,000
free cash flows																																																																											2,709,000	3,717,000	4,683,000	5,335,000	3,572,000	-2,922,000	-421,000	5,422,000	6,996,000	3,272,000	-3,755,000		-629,000
net cash from investing activities from continuing operations																																																																											-1,467,000	-2,786,000	-2,614,000	-5,435,000	-3,398,000	-2,245,000	-784,000	-531,000	-294,000	-204,000	-169,000
net cash from investing activities from discontinued operations																																																																														0	0	-62,000	87,000	1,298,000	0	46,000	77,000
net cash from investing activities																																																																											-1,467,000	-2,786,000	-2,614,000	-5,435,000	-3,398,000	-2,307,000	-697,000	767,000	-294,000	-158,000	-92,000		-389,000
net cash from financing activities from continuing operations																																																																											-182,000	-5,198,000	-369,000	-2,400,000	-2,250,000	-13,000	-291,000	-7,763,000	-4,616,000	1,194,000	3,454,000
net cash from financing activities from discontinued operations																																																																																		-371,000	-1,306,000	-492,000	-342,000
net cash from financing activities																																																																											-182,000	-5,198,000	-369,000	-2,400,000	-2,250,000	-13,000	-291,000	-8,134,000	-5,922,000	702,000	3,112,000		-4,167,000
cash and temporary investments-discontinued operations, beginning of period																																																																															0	0	23,000		0	0	574,000
cash and temporary investments-discontinued operations, end of period																																																																															59,000	-158,000	201,000				116,000	691,000
deferred tax benefit
loss on disposals of property, plant, and equipment
proceeds from sale of property, plant, and equipment																																																																																							85,000
net (payments) borrowings under former credit facility
proceeds from issuance of common stock
debt conversion
adjustments to reconcile net income to net cash from (used in) operating activities:
loss from discontinued operations																																																																																		4,000	30,000	34,000	46,000
borrowings under subordinated credit facility
adjustments to reconcile net income to net cash from operating activities
stock based compensation																																																																																	77,000
investing activities
financing activities
supplemental disclosure of cash flow information
loss on disposition of business
proceeds from sale of business
net borrowings (payments) under new senior credit facility
borrowings under junior credit facility
operating activities
borrowing under subordinated credit facility																																																																																			0
proceeds from long-term obligations
cumulative effect of change in accounting principle
(gain) loss on disposals of property, plant, and equipment
paid in kind interest
proceeds from tax refunds
net borrowings (payments) under senior credit facility
net (payments) borrowings under senior credit facility
cash and temporary investments,-discontinued operations, beginning of period
net loss																																																																																						-6,266,000	-22,047,000
adjustments to reconcile net loss to net cash from operating activities:
special charges and other operating expenses
net cash provided operating activities
adjustments to reconcile net loss to net cash from operating activities
adjustments to reconcile net loss to net cash provided by operating activities:
loss from disposals of discontinued operations
proceeds from tax refund
proceeds from payments of notes receivable																																																																																							47,000
net payments under senior credit facility																																																																																							-3,593,000
net cash from discontinued operations
proceeds from sales of discontinued operations
net increase in cash and temporary investments
special charges and other operating expense																																																																																							-42,000
cumulative effect of change in accounting method																																																																																							21,812,000
proceeds from sale of businesses																																																																																							1,285,000
net decrease in cash and temporary investments																																																																																							-3,457,000

Miller Industries, Inc(NYSE:MLR)

Miller Industries, Inc
(NYSE:MLR)