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Consolidated Balance Sheets - USD ($)
Dec. 31, 2021
Dec. 31, 2020
CURRENT ASSETS:    
Cash and cash equivalents $ 18,509,000 $ 337,000
Accounts receivable—net:    
Trade, less current estimated credit loss of $4,526 and $3,482, respectively 121,854,000 77,731,000
Other 7,092,000 5,127,000
Inventories 1,456,000 1,345,000
Prepaid expenses and deposits 10,962,000 10,172,000
Marketable equity securities 39,424,000 27,941,000
Income taxes refundable 277,000 868,000
Total current assets 199,574,000 123,521,000
PROPERTY AND EQUIPMENT:    
Land 19,718,000 18,486,000
Structures and improvements 33,534,000 32,275,000
Revenue equipment 520,840,000 592,476,000
Office furniture and equipment 11,211,000 10,439,000
Total property and equipment 585,303,000 653,676,000
Accumulated depreciation (201,124,000) (202,851,000)
Net property and equipment 384,179,000 450,825,000
OTHER ASSETS 3,628,000 4,246,000
TOTAL ASSETS 587,381,000 578,592,000
CURRENT LIABILITIES:    
Accounts payable 43,381,000 46,102,000
Accrued expenses and other liabilities 14,114,000 26,601,000
Income taxes payable 4,364,000 0
Current maturities of long-term debt 49,544,000 57,776,000
Total current liabilities 111,403,000 130,479,000
Long-term debt—less current portion 172,733,000 228,330,000
Deferred income taxes 86,715,000 68,883,000
Other long-term liabilities 420,000 919,000
Total liabilities 371,271,000 428,611,000
COMMITMENTS AND CONTINGENCIES (Note 16)
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; 23,400,796 and 23,391,438 shares issued; 11,174,011 and 11,455,790 shares outstanding at December 31, 2021 and 2020, respectively 234,000 117,000
Additional paid-in capital 84,472,000 84,148,000
Accumulated Other Comprehensive Income 0 0
Treasury stock, at cost; 12,226,785 and 11,935,648 shares at December 31, 2021 and 2020, respectively (169,946,199) (159,118,000)
Retained earnings 301,350,000 224,834,000
Total stockholders’ equity 216,110,000 149,981,000
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY $ 587,381,000 $ 578,592,000