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Condensed Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
Sep. 30, 2020
Dec. 31, 2019
Current assets:    
Cash and cash equivalents $ 328,000 $ 318,000
Accounts receivable-net:    
Trade, less current estimated credit loss of $3,281 and $2,952, respectively 69,984,000 61,784,000
Other 3,650,000 3,769,000
Inventories 1,093,000 1,327,000
Prepaid expenses and deposits 7,579,000 8,669,000
Marketable equity securities 25,157,000 29,521,000
Income taxes refundable 860,000 504,000
Total current assets 108,651,000 105,892,000
Property and equipment:    
Land 16,086,000 7,246,000
Structures and improvements 32,011,000 20,204,000
Revenue equipment 556,100,000 524,527,000
Office furniture and equipment 11,779,000 11,185,000
Total property and equipment 615,976,000 563,162,000
Accumulated depreciation (196,931,000) (175,887,000)
Net property and equipment 419,045,000 387,275,000
Other assets 4,387,000 4,842,000
TOTAL ASSETS 532,083,000 498,009,000
Current liabilities:    
Accounts payable 42,226,000 16,597,000
Accrued expenses and other liabilities 29,495,000 40,610,000
Current maturities of long-term debt 63,777,000 67,637,000
Total current liabilities 135,498,000 124,844,000
Long-term debt - less current portion 194,753,000 174,187,000
Deferred income taxes 64,284,000 63,522,000
Other long-term liabilities 1,063,000 1,481,000
Total liabilities 395,598,000 364,034,000
STOCKHOLDERS' EQUITY    
Preferred stock, $.01 par value, 10,000,000 shares authorized; none issued 0 0
Common stock, $.01 par value, 40,000,000 shares authorized; 11,692,344 and 11,656,160 shares issued; 5,735,326 and 5,748,897 shares outstanding at September 30, 2020 and December 31, 2019, respectively 117,000 117,000
Additional paid-in capital 84,118,000 83,688,000
Treasury stock, at cost; 5,957,018 and 5,907,263 shares at September 30, 2020 and December 31, 2019, respectively (158,630,000) (156,837,000)
Retained earnings 210,880,000 207,007,000
Total stockholders’ equity 136,485,000 133,975,000
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY $ 532,083,000 $ 498,009,000