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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2019
Mar. 31, 2018
OPERATING ACTIVITIES    
Net income $ 17,318 $ 13,378
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 22,451 25,783
Deferred income taxes 2,515 5,184
Stock-based compensation 284 123
Gain on disposal of property and equipment (3,841) (2,869)
Changes in certain working capital items:    
Trade receivables (4,324) 2,722
Prepaid expenses and other current assets (396) (667)
Accounts payable, accrued liabilities, and accrued expenses (158) (6,106)
Accrued income taxes 1,920 (5,321)
Net cash provided by operating activities 35,769 32,227
INVESTING ACTIVITIES    
Proceeds from sale of property and equipment 13,753 26,126
Purchases of property and equipment, net of trades (34,209) (32,018)
Change in other assets 4 436
Net cash used in investing activities (20,452) (5,456)
FINANCING ACTIVITIES    
Payments of cash dividends (1,640) (1,667)
Shares withheld for employee taxes related to stock-based compensation (107) (97)
Repurchases of common stock 0 (1,293)
Net cash used in financing activities (1,747) (3,057)
Net increase in cash, cash equivalents and restricted cash 13,570 23,714
CASH, CASH EQUIVALENTS AND RESTRICTED CASH    
Beginning of period 182,938 106,098
Ending Period 196,508 129,812
SUPPLEMENTAL DISCLOSURES OF CASH FLOW INFORMATION    
Cash paid during the period for income taxes, net of refunds 235 46
Noncash investing and financing activities:    
Purchased property and equipment in accounts payable 7,309 27,355
Sold revenue equipment in other current assets 4,611 11,746
RECONCILIATION OF CASH, CASH EQUIVALENTS AND RESTRICTED CASH    
Cash and Cash Equivalents, at Carrying Value 176,303 105,019
Restricted Cash and Investments, Current 2,638 3,009
Restricted Cash and Cash Equivalents, Noncurrent 17,567 21,784
Ending Period $ 196,508 $ 129,812