XML 36 R2.htm IDEA: XBRL DOCUMENT v2.4.1.9
Condensed Consolidated Balance Sheets (Unaudited) (USD $)
Mar. 31, 2015
Dec. 31, 2014
Current assets:    
Cash and cash equivalents $ 2,982,000us-gaap_CashAndCashEquivalentsAtCarryingValue $ 27,649,000us-gaap_CashAndCashEquivalentsAtCarryingValue
Accounts receivable-net:    
Trade, less allowance of $1,692 and $1,611, respectively 54,193,000us-gaap_AccountsReceivableNetCurrent 52,983,000us-gaap_AccountsReceivableNetCurrent
Other 14,166,000us-gaap_OtherReceivablesNetCurrent 11,469,000us-gaap_OtherReceivablesNetCurrent
Inventories 1,463,000us-gaap_InventoryNet 1,306,000us-gaap_InventoryNet
Prepaid expenses and deposits 8,229,000us-gaap_PrepaidExpenseCurrent 10,110,000us-gaap_PrepaidExpenseCurrent
Marketable equity securities 27,377,000us-gaap_MarketableSecuritiesCurrent 24,895,000us-gaap_MarketableSecuritiesCurrent
Income taxes refundable 130,000us-gaap_IncomeTaxesReceivable 507,000us-gaap_IncomeTaxesReceivable
Total current assets 108,540,000us-gaap_AssetsCurrent 128,919,000us-gaap_AssetsCurrent
Property and equipment:    
Land 5,224,000us-gaap_Land 4,924,000us-gaap_Land
Structures and improvements 16,420,000us-gaap_BuildingsAndImprovementsGross 16,165,000us-gaap_BuildingsAndImprovementsGross
Revenue equipment 283,898,000us-gaap_MachineryAndEquipmentGross 279,079,000us-gaap_MachineryAndEquipmentGross
Office furniture and equipment 9,417,000us-gaap_FixturesAndEquipmentGross 9,257,000us-gaap_FixturesAndEquipmentGross
Total property and equipment 314,959,000us-gaap_PropertyPlantAndEquipmentGross 309,425,000us-gaap_PropertyPlantAndEquipmentGross
Accumulated depreciation (118,077,000)us-gaap_AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment (116,178,000)us-gaap_AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
Net property and equipment 196,882,000us-gaap_PropertyPlantAndEquipmentNet 193,247,000us-gaap_PropertyPlantAndEquipmentNet
Other assets 2,439,000us-gaap_OtherAssetsNoncurrent 2,439,000us-gaap_OtherAssetsNoncurrent
TOTAL ASSETS 307,861,000us-gaap_Assets 324,605,000us-gaap_Assets
Current liabilities:    
Accounts payable 18,225,000us-gaap_AccountsPayableCurrent 41,695,000us-gaap_AccountsPayableCurrent
Accrued expenses and other liabilities 31,532,000us-gaap_AccruedLiabilitiesCurrent 27,517,000us-gaap_AccruedLiabilitiesCurrent
Current maturities of long-term debt 38,309,000us-gaap_LongTermDebtCurrent 42,908,000us-gaap_LongTermDebtCurrent
Deferred income taxes-current 3,013,000us-gaap_DeferredTaxLiabilitiesCurrent 2,951,000us-gaap_DeferredTaxLiabilitiesCurrent
Total current liabilities 91,079,000us-gaap_Liabilities 115,071,000us-gaap_Liabilities
Long-term debt-less current portion 51,026,000us-gaap_LongTermDebtNoncurrent 52,293,000us-gaap_LongTermDebtNoncurrent
Deferred income taxes-less current portion 60,089,000us-gaap_DeferredTaxLiabilitiesNoncurrent 57,125,000us-gaap_DeferredTaxLiabilitiesNoncurrent
Other long-term liabilities 75,000us-gaap_OtherLiabilitiesNoncurrent 131,000us-gaap_OtherLiabilitiesNoncurrent
Total liabilities 202,269,000us-gaap_LiabilitiesCurrent 224,620,000us-gaap_LiabilitiesCurrent
SHAREHOLDERS' EQUITY    
Preferred stock, $.01 par value, 10,000,000 shares authorized; none issued 0us-gaap_PreferredStockValue 0us-gaap_PreferredStockValue
Common stock, $.01 par value, 40,000,000 shares authorized; 11,479,321 and 11,474,096 shares issued; 7,428,340 and 7,423,115 shares outstanding at March 31, 2015 and December 31, 2014, respectively 115,000us-gaap_CommonStockValueOutstanding 115,000us-gaap_CommonStockValueOutstanding
Additional paid-in capital 80,102,000us-gaap_AdditionalPaidInCapital 79,926,000us-gaap_AdditionalPaidInCapital
Accumulated other comprehensive income 6,464,000us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax 6,402,000us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax
Treasury stock, at cost; 4,050,981 shares (82,501,000)us-gaap_TreasuryStockValue (82,501,000)us-gaap_TreasuryStockValue
Retained earnings 101,412,000us-gaap_RetainedEarningsAccumulatedDeficit 96,043,000us-gaap_RetainedEarningsAccumulatedDeficit
Total shareholders’ equity 105,592,000us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest 99,985,000us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY $ 307,861,000us-gaap_LiabilitiesAndStockholdersEquity $ 324,605,000us-gaap_LiabilitiesAndStockholdersEquity