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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2021
Sep. 30, 2021
Current assets:    
  Cash and cash equivalents $ 8,700 $ 10,899
  Accounts receivable (net of allowance for doubtful accounts of $63 and $86, respectively) 4,379 4,930
  Inventory of parts and supplies 943 871
  Prepaid tires on equipment 1,266 1,317
  Prepaid taxes and licenses 331 448
  Prepaid insurance 4,247 4,614
  Prepaid expenses, other 268 299
    Total current assets 20,134 23,378
Property and equipment, at cost 73,708 77,181
Less accumulated depreciation 52,764 54,497
Net property and equipment 20,944 22,684
Operating lease right-of-use assets 3,129 1,949
Goodwill 3,637 3,637
Intangible assets, net 706 756
Other assets, net 153 156
Total assets 48,703 52,560
Current liabilities:    
  Accounts payable 1,886 1,858
  Federal and state taxes payable 2,360 263
  Accrued payroll and benefits 2,849 2,939
  Accrued insurance 1,052 1,105
  Accrued liabilities, other 901 1,742
  Operating lease liabilities, current portion 927 928
    Total current liabilities 9,975 8,835
Operating lease liabilities, less current portion 2,342 1,131
Deferred income taxes 4,062 4,062
Accrued insurance 1,537 1,537
Other liabilities 871 879
    Total liabilities 18,787 16,444
Commitments and contingencies
Shareholders’ Equity:    
Preferred stock, 5,000,000 shares authorized, of which 250,000 shares are designated Series A Junior Participating Preferred Stock; $0.01 par value; None issued and outstanding 0 0
Common stock, $.10 par value; (25,000,000 shares authorized; 3,431,896 and 3,415,643 shares issued and outstanding, respectively) 343 342
  Capital in excess of par value 39,425 39,257
  Accumulated deficit (9,941) (3,572)
  Accumulated other comprehensive income, net 89 89
    Total shareholders’ equity 29,916 36,116
Total liabilities and shareholders’ equity $ 48,703 $ 52,560