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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2025
Mar. 31, 2024
Cash flows from operating activities:    
Net earnings $ 117,740 $ 127,493
Adjustments to reconcile net earnings to net cash provided by operating activities:    
Depreciation and amortization 179,476 182,996
Noncash lease expense 24,404 26,497
Share-based compensation 18,444 18,409
Loss on sale of revenue equipment and other 6,476 7,271
Deferred income taxes (36,058) 16,788
Changes in operating assets and liabilities:    
Trade accounts receivable 21,337 62,797
Other assets 35,870 92,021
Trade accounts payable (3,408) (65,398)
Income taxes payable or receivable 72,573 27,694
Claims accruals 16,444 5,131
Accrued payroll and other accrued expenses (49,106) (35,232)
Net cash provided by operating activities 404,192 466,467
Cash flows from investing activities:    
Additions to property and equipment (245,812) (203,387)
Net proceeds from sale of equipment 20,762 37,205
Business acquisition 0 3,785
Net cash used in investing activities (225,050) (162,397)
Cash flows from financing activities:    
Proceeds from issuances of long-term debt 750,000 0
Payments on long-term debt (500,000) (250,000)
Proceeds from revolving lines of credit and other 656,900 407,600
Payments on revolving lines of credit and other (805,602) (367,600)
Purchase of treasury stock (234,129) (25,140)
Stock repurchased for payroll taxes and other (5,883) (13,671)
Dividends paid (44,004) (44,418)
Net cash used in financing activities (182,718) (293,229)
Net change in cash and cash equivalents (3,576) 10,841
Cash and cash equivalents at beginning of period 46,983 53,344
Cash and cash equivalents at end of period 43,407 64,185
Supplemental disclosure of cash flow information:    
Interest 26,307 28,994
Income taxes 3,747 5,351
Noncash investing activities    
Accruals for equipment received $ 72,117 $ 104,467