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CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)
$ in Millions
Jun. 30, 2022
Dec. 31, 2021
Current assets:    
Cash and cash equivalents $ 152.0 $ 147.5
Accounts receivable, net of allowance of $2.2 and $2.1 at June 30, 2022 and December 31, 2021, respectively 221.4 172.3
Drivers' advances and other receivables 10.0 7.7
Other current assets 28.6 22.6
Total current assets 412.0 350.1
Property and equipment, net 421.0 397.7
Intangible assets, net 81.3 86.9
Goodwill 142.4 140.1
Right-of-use assets 109.3 108.3
Other non-current assets 3.6 4.3
Total assets 1,169.6 1,087.4
Current liabilities:    
Accounts payable 17.9 14.7
Accrued expenses and other liabilities 61.1 43.9
Accrued payroll, benefits and related taxes 30.8 32.9
Accrued insurance and claims 38.5 26.8
Current portion of long-term debt 60.4 55.5
Warrant liability 0.0 4.7
Current operating lease liabilities 34.5 33.7
Total current liabilities 243.2 212.2
Line of credit 0.0 0.0
Long-term debt, net of current portion 536.9 531.4
Deferred tax liabilities 86.1 85.1
Non-current operating lease liabilities 81.0 81.1
Other non-current liabilities 3.7 1.6
Total liabilities 950.9 911.4
Commitments and contingencies (Note 9)
Stockholders' equity:    
Series A convertible preferred stock, $0.0001 par value; 10,000,000 shares authorized; 650,000 shares issued with liquidation preference of $65.0 at June 30, 2022 and December 31, 2021 65.0 65.0
Common stock, par value $0.0001 per share; 250,000,000 shares authorized, 63,504,018 and 62,489,278 shares issued and outstanding at June 30, 2022 and December 31, 2021, respectively 0.0 0.0
Additional paid-in-capital 402.3 387.8
Accumulated deficit (248.5) (276.8)
Accumulated other comprehensive income loss (0.1) 0.0
Total stockholders' equity 218.7 176.0
Total liabilities and stockholders' equity $ 1,169.6 $ 1,087.4