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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2016
Dec. 31, 2015
Dec. 31, 2014
OPERATING ACTIVITIES      
Net income $ 56,386 $ 73,056 $ 84,834
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation and amortization 105,580 111,848 109,629
Deferred income taxes (4,584) 8,618 39,067
Stock-based compensation, net of tax 856 1,251 1,134
Gain on disposal of property and equipment (9,205) (35,040) (33,544)
Changes in certain working capital items:      
Trade receivables 14,165 16,025 7,366
Prepaid expenses and other current assets 5,017 4,301 (1,009)
Accounts payable, accrued liabilities, and accrued expenses (11,063) 202 (19,017)
Accrued income taxes (1,371) 10,211 (16,007)
Net cash provided by operating activities 155,781 190,472 172,453
INVESTING ACTIVITIES      
Proceeds from sale of property and equipment 57,280 148,792 91,266
Purchases of property and equipment, net of trades (86,088) (217,253) (204,973)
Payments for (Proceeds from) Delayed Tax Exempt Exchange (9,335) 0 0
Acquisition of business, net of cash acquired 0 0 (3,011)
Change in other assets (1,019) 1,248 1,239
Net cash (used in) provided by investing activities (39,162) (67,213) (115,479)
FINANCING ACTIVITIES      
Cash dividends paid (6,666) (6,942) (7,034)
Proceeds from Lines of Credit 0 0 19,100
Repayments of Lines of Credit 0 (24,600) (69,500)
Business Combination, Contingent Consideration Arrangements, Change in Amount of Contingent Consideration, Liability 0 (1,764) 0
Repurchases of common stock (14,678) (74,024) 0
Net cash used in financing activities (21,344) (107,330) (57,434)
Net (decrease) increase in cash and cash equivalents 95,275 15,929 (460)
CASH AND CASH EQUIVALENTS      
Beginning of period 33,232 17,303 17,763
End of period 128,507 33,232 17,303
SUPPLEMENTAL DISCLOSURES OF CASH FLOW INFORMATION      
Interest paid 0 40 484
Cash paid during the period for income taxes, net of refunds 35,537 24,701 23,723
Noncash investing and financing activities:      
Fair value of revenue equipment traded 0 0 3,393
Purchased property and equipment in accounts payable 63 1,217 230
Sold revenue equipment in other current assets $ 160 $ 0 $ 0