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Condensed Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
$ in Thousands
Mar. 31, 2020
Dec. 31, 2019
Current assets:    
Cash and cash equivalents $ 325 $ 318
Accounts receivable-net:    
Trade, less current estimated credit loss of $3,191 and $2,952, respectively 66,090 61,784
Other 4,278 3,769
Inventories 1,220 1,327
Prepaid expenses and deposits 9,093 8,669
Marketable equity securities 23,207 29,521
Income taxes refundable 807 504
Total current assets 105,020 105,892
Property and equipment:    
Land 16,086 7,246
Structures and improvements 31,198 20,204
Revenue equipment 528,410 524,527
Office furniture and equipment 11,470 11,185
Total property and equipment 587,164 563,162
Accumulated depreciation (184,316) (175,887)
Net property and equipment 402,848 387,275
Other assets 4,617 4,842
TOTAL ASSETS 512,485 498,009
Current liabilities:    
Accounts payable 24,220 16,597
Accrued expenses and other liabilities 42,042 40,610
Current maturities of long-term debt 59,731 67,637
Total current liabilities 125,993 124,844
Long-term debt-less current portion 189,469 174,187
Deferred income taxes 63,024 63,522
Other long-term liabilities 1,344 1,481
Total liabilities 379,830 364,034
SHAREHOLDERS' EQUITY    
Preferred stock, $.01 par value, 10,000,000 shares authorized; none issued
Common stock, $.01 par value, 40,000,000 shares authorized; 11,658,768 and 11,656,160 shares issued; 5,742,330 and 5,748,897 shares outstanding at March 31, 2020 and December 31, 2019, respectively 117 117
Additional paid-in capital 83,993 83,688
Treasury stock, at cost; 5,916,438 and 5,907,263 shares at March 31, 2020 and December 31, 2019, respectively (157,158) (156,837)
Retained earnings 205,703 207,007
Total shareholders’ equity 132,655 133,975
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY $ 512,485 $ 498,009