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Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2023
Dec. 31, 2022
CURRENT ASSETS    
Cash and cash equivalents $ 46,250 $ 49,462
Trade receivables, net of $3.1 and $3.3 million allowance in 2023 and 2022, respectively 114,471 139,819
Prepaid tires 11,440 11,293
Other current assets 18,677 26,069
Income tax receivable 7,927 3,139
Total current assets 198,765 229,782
PROPERTY AND EQUIPMENT    
Land and land improvements 100,468 94,155
Buildings 153,227 143,899
Furniture and fixtures 7,015 6,946
Shop and service equipment 22,052 21,652
Revenue equipment 996,099 1,000,472
Construction in progress 12,916 15,070
Property and equipment, gross 1,291,777 1,282,194
Less accumulated depreciation 364,653 308,936
Property and equipment, net 927,124 973,258
Goodwill 320,675 320,675
OTHER INTANGIBLES, NET 101,100 103,701
OTHER ASSETS 32,956 19,894
Deferred Income Taxes, Net 1,563 1,224
OPERATING LEASE RIGHT OF USE ASSETS 14,482 20,954
Assets 1,596,665 1,669,488
CURRENT LIABILITIES    
Accounts payable and accrued liabilities 61,047 62,712
Compensation and benefits 30,263 30,972
Insurance accruals 17,413 18,490
Long-term debt and finance lease liabilities - current portion 12,597 13,946
Operating lease liabilities - current portion 9,436 12,001
Other accruals 17,189 18,636
Total current liabilities 147,945 156,757
LONG-TERM LIABILITIES    
Income taxes payable 6,183 6,466
Long-term debt and finance lease liabilities less current portion 336,177 399,062
Operating lease liabilities less current portion 5,046 8,953
Deferred income taxes, net 194,415 207,516
Insurance accruals 33,962 35,257
Total long-term liabilities 575,783 657,254
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 79,013 and 78,984 in 2023 and 2022, respectively 907 907
Additional paid-in capital 3,898 4,165
Retained earnings 1,068,863 1,051,641
Treasury stock, at cost; 11,676 and 11,705 in 2023 and 2022, respectively (200,731) (201,236)
Stockholders' Equity 872,937 855,477
Liabilities and Stockholders' Equity $ 1,596,665 $ 1,669,488