XML 14 R2.htm IDEA: XBRL DOCUMENT v3.20.2
Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2020
Dec. 31, 2019
Current assets:    
Cash and cash equivalents $ 41,786 $ 61,365
Accounts receivable, net of allowance of $8,162 in 2020 and $5,933 in 2019 170,063 180,416
Other receivables 7,320 3,396
Prepaid expenses and other 23,409 10,942
Restricted cash 3,213 153
Current assets of discontinued operations 89 155
Total current assets 245,880 256,427
Operating lease right-of-use assets 19,864 20,095
Property and equipment, net 20,793 23,243
Goodwill 135,216 135,216
Intangible assets, net 92,242 19,911
Equity investment 131,974 130,869
Other assets 8,365 11,620
Total assets 654,334 597,381
Current liabilities:    
Current portion of finance lease liabilities 199 308
Accounts payable 8,293 9,805
Current portion of operating lease liabilities 7,016 6,730
Accrued expenses 90,695 38,733
Accrued transportation costs 84,054 87,063
Deferred revenue 689 227
Self-funded insurance programs 8,864 5,890
Current liabilities of discontinued operations 1,504 1,430
Total current liabilities 201,314 150,186
Finance lease liabilities, less current portion 0 45
Operating lease liabilities, less current portion 13,886 14,502
Long-term contract payables 26,079 0
Other long-term liabilities 12,950 15,029
Deferred tax liabilities 34,348 22,907
Total liabilities 288,577 202,669
Commitments and contingencies (Note 13)
Redeemable convertible preferred stock    
Convertible preferred stock, net: Authorized 10,000,000 shares; $0.001 par value; 54,882 and 798,788, respectively, issued and outstanding; 5.5%/8.5% dividend rate 5,299 77,120
Stockholders’ equity    
Common stock: Authorized 40,000,000 shares; $0.001 par value; 19,254,090 and 18,073,763, respectively, issued and outstanding (including treasury shares) 19 18
Additional paid-in capital 402,433 351,529
Retained earnings 185,917 183,733
Treasury shares, at cost, 5,285,085 and 5,088,782 shares, respectively (227,911) (217,688)
Total stockholders’ equity 360,458 317,592
Total liabilities, redeemable convertible preferred stock and stockholders’ equity $ 654,334 $ 597,381