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Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2023
Dec. 31, 2022
CURRENT ASSETS    
Cash and cash equivalents $ 55,506 $ 49,462
Trade receivables, net of $3.2 and $3.3 million allowance in 2023 and 2022, respectively 126,170 139,819
Prepaid tires 10,862 11,293
Other current assets 19,774 26,069
Income tax receivable 0 3,139
Total current assets 212,312 229,782
PROPERTY AND EQUIPMENT    
Land and land improvements 94,539 94,155
Buildings 144,022 143,899
Furniture and fixtures 6,947 6,946
Shop and service equipment 21,598 21,652
Revenue equipment 990,523 1,000,472
Construction in progress 22,286 15,070
Property and equipment, gross 1,279,915 1,282,194
Less accumulated depreciation 341,509 308,936
Property and equipment, net 938,406 973,258
GOODWILL 320,675 320,675
OTHER INTANGIBLES, NET 102,410 103,701
OTHER ASSETS 19,642 19,894
Deferred Income Taxes, Net 1,488 1,224
OPERATING LEASE RIGHT OF USE ASSETS 17,577 20,954
Assets 1,612,510 1,669,488
CURRENT LIABILITIES    
Accounts payable and accrued liabilities 47,492 62,712
Compensation and benefits 31,549 30,972
Insurance accruals 17,635 18,490
Long-term debt and finance lease liabilities - current portion 13,307 13,946
Operating lease liabilities - current portion 10,885 12,001
Other accruals 16,088 18,636
Income tax payable 9,608 0
Total current liabilities 146,564 156,757
LONG-TERM LIABILITIES    
Income taxes payable 6,569 6,466
Long-term debt and finance lease liabilities less current portion 352,645 399,062
Operating lease liabilities less current portion 6,692 8,953
Deferred income taxes, net 199,121 207,516
Insurance accruals 34,300 35,257
Total long-term liabilities 599,327 657,254
COMMITMENTS AND CONTINGENCIES (Note 14)
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 2023 and 2022; outstanding 78,989 and 78,984 in 2023 and 2022, respectively 907 907
Additional paid-in capital 4,197 4,165
Retained earnings 1,062,672 1,051,641
Treasury stock, at cost; 11,700 and 11,705 in 2023 and 2022, respectively (201,157) (201,236)
Stockholders' Equity 866,619 855,477
Liabilities and Stockholders' Equity $ 1,612,510 $ 1,669,488