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Condensed Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
Sep. 30, 2024
Dec. 31, 2023
Current assets:    
Cash and cash equivalents $ 48,078,000 $ 100,614,000
Accounts receivable-net:    
Trade, less current estimated credit loss of $6,009 and $7,717, respectively 93,673,000 80,604,000
Other 5,954,000 7,203,000
Inventories 2,332,000 2,321,000
Prepaid expenses and deposits 9,499,000 13,213,000
Marketable equity securities 44,205,000 43,203,000
Income taxes refundable 4,324,000 3,883,000
Total current assets 208,065,000 251,041,000
Property and equipment:    
Land 30,426,000 23,078,000
Structures and improvements 55,943,000 43,552,000
Revenue equipment 726,196,000 689,173,000
Office furniture and equipment 15,908,000 15,328,000
Total property and equipment 828,473,000 771,131,000
Accumulated depreciation (282,451,000) (266,412,000)
Net property and equipment 546,022,000 504,719,000
Other assets 2,655,000 4,697,000
TOTAL ASSETS 756,742,000 760,457,000
Current liabilities:    
Accounts payable 37,898,000 62,652,000
Accrued expenses and other liabilities 16,776,000 16,799,000
Current maturities of long-term debt 61,170,000 57,645,000
Total current liabilities 115,844,000 137,096,000
Long-term debt - less current portion 227,539,000 204,064,000
Deferred income taxes 104,195,000 104,331,000
Other long-term liabilities 250,000 750,000
Total liabilities 447,828,000 446,241,000
COMMITMENTS AND CONTINGENCIES (Note L)
STOCKHOLDERS' EQUITY    
Preferred stock, $.01 par value, 10,000,000 shares authorized; none issued 0 0
Common stock, $.01 par value, 50,000,000 shares authorized; 22,364,120 and 22,317,671 shares issued; 21,782,534 and 22,021,341 shares outstanding at September 30, 2024 and December 31, 2023, respectively 224,000 223,000
Additional paid-in capital 40,999,000 40,825,000
Treasury stock, at cost; 581,586 and 296,330 shares at September 30, 2024 and December 31, 2023, respectively (13,996,000) (8,736,000)
Retained earnings 281,687,000 281,904,000
Total stockholders’ equity 308,914,000 314,216,000
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY $ 756,742,000 $ 760,457,000