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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2018
Dec. 31, 2017
Current assets:    
Cash and cash equivalents $ 7,600 $ 14,612
Trade accounts receivable, net 1,051,698 920,767
Other receivables, net 274,511 283,499
Inventories 21,977 20,688
Prepaid expenses 147,195 99,162
Total current assets 1,502,981 1,338,728
Property and equipment, at cost:    
Revenue and service equipment 4,716,860 4,158,878
Land 49,486 47,231
Structures and improvements 238,202 202,730
Furniture and office equipment 324,695 261,625
Total property and equipment 5,329,243 4,670,464
Less accumulated depreciation 1,884,132 1,687,133
Net property and equipment 3,445,111 2,983,331
Goodwill 40,087 39,764
Other intangible assets, net 65,070 73,691
Other assets 38,398 29,835
Total assets 5,091,647 4,465,349
Current liabilities:    
Current portion of long-term debt 250,706
Trade accounts payable 709,736 598,594
Claims accruals 275,139 251,980
Accrued payroll 80,922 42,382
Other accrued expenses 35,845 28,888
Total current liabilities 1,352,348 921,844
Long-term debt 898,398 1,085,649
Other long-term liabilities 96,056 76,661
Deferred income taxes 643,461 541,870
Total liabilities 2,990,263 2,626,024
Commitments and contingencies (Note 10)
Stockholders’ equity:    
Preferred stock, $100 par value. 10 million shares authorized; none outstanding
Common stock, $.01 par value. 1 billion shares authorized; (167,099,432 shares issued at December 31, 2018 and 2017, of which 108,710,825 shares and 109,753,008 shares were outstanding at December 31, 2018 and 2017, respectively) 1,671 1,671
Additional paid-in capital 340,457 310,811
Retained earnings 4,188,435 3,803,844
Treasury stock, at cost (58,388,607 shares at December 31, 2018, and 57,346,424 shares at December 31, 2017) (2,429,179) (2,277,001)
Total stockholders’ equity 2,101,384 1,839,325
Total liabilities and stockholders' equity $ 5,091,647 $ 4,465,349