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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2022
Dec. 31, 2021
CURRENT ASSETS    
Cash and cash equivalents $ 49,462 $ 157,742
Trade receivables, net 139,819 52,812
Prepaid tires 11,293 9,168
Other current assets 26,069 9,406
Income tax receivable 3,139 4,095
Total current assets 229,782 233,223
PROPERTY AND EQUIPMENT    
Land and land improvements 94,155 90,218
Buildings 143,899 95,305
Furniture and fixtures 6,946 5,365
Shop and service equipment 21,652 15,727
Revenue equipment 1,000,472 500,311
Construction in progress 15,070 3,834
Property and equipment, gross 1,282,194 710,760
Less accumulated depreciation 308,936 222,845
Property and equipment, net 973,258 487,915
GOODWILL 320,675 168,295
OTHER INTANGIBLES, NET 103,701 22,355
DEFERRED INCOME TAX ASSETS, NET 1,224 0
OTHER ASSETS 19,894 16,754
OPERATING LEASE RIGHT OF USE ASSETS 20,954 0
Assets 1,669,488 928,542
CURRENT LIABILITIES    
Accounts payable and accrued liabilities 62,712 20,538
Compensation and benefits 30,972 21,411
Insurance accruals 18,490 15,677
Long-term debt and finance lease liabilities - current portion 13,946 0
Operating lease liabilities - current portion 12,001 0
Other accruals 18,636 13,968
Total current liabilities 156,757 71,594
LONG-TERM LIABILITIES    
Income taxes payable 6,466 5,491
Long-term debt and finance lease liabilities less current portion 399,062 0
Operating lease liabilities less current portion 8,953 0
Deferred income taxes, net 207,516 89,971
Accident and work comp accruals less current portion 35,257 34,384
Total long-term liabilities 657,254 129,846
COMMITMENTS AND CONTINGENCIES (Note 13)
STOCKHOLDERS' EQUITY    
Preferred stock, par value $.01; authorized 5,000 shares; none issued 0 0
Capital stock, common, $.01 par value; authorized 395,000 shares; issued 90,689 in 2022 and 2021; outstanding 78,984 and 78,923 in 2022 and 2021, respectively 907 907
Additional paid-in capital 4,165 4,141
Retained earnings 1,051,641 924,375
Treasury stock, at cost; 11,705 and 11,766 shares in 2022 and 2021, respectively (201,236) (202,321)
Stockholders' Equity Attributable to Parent 855,477 727,102
Liabilities and Stockholders' Equity $ 1,669,488 $ 928,542