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Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2023
Dec. 31, 2022
CURRENT ASSETS    
Cash and cash equivalents $ 20,101 $ 49,462
Trade receivables, net of $2.5 and $3.3 million allowance in 2023 and 2022, respectively 113,945 139,819
Prepaid tires 11,884 11,293
Other current assets 20,738 26,069
Income tax receivable 15,399 3,139
Total current assets 182,067 229,782
PROPERTY AND EQUIPMENT    
Land and land improvements 102,223 94,155
Buildings 153,164 143,899
Furniture and fixtures 7,014 6,946
Shop and service equipment 22,203 21,652
Revenue equipment 1,029,351 1,000,472
Construction in progress 15,762 15,070
Property and equipment, gross 1,329,717 1,282,194
Less accumulated depreciation 403,585 308,936
Property and equipment, net 926,132 973,258
Goodwill 322,597 320,675
OTHER INTANGIBLES, NET 99,799 103,701
OTHER ASSETS 31,979 19,894
Deferred Income Taxes, Net 1,495 1,224
OPERATING LEASE RIGHT OF USE ASSETS 11,453 20,954
Assets 1,575,522 1,669,488
CURRENT LIABILITIES    
Accounts payable and accrued liabilities 60,269 62,712
Compensation and benefits 29,922 30,972
Insurance accruals 16,058 18,490
Long-term debt and finance lease liabilities - current portion 9,131 13,946
Operating lease liabilities - current portion 7,520 12,001
Other accruals 19,215 18,636
Total current liabilities 142,115 156,757
LONG-TERM LIABILITIES    
Income taxes payable 6,318 6,466
Long-term debt and finance lease liabilities less current portion 334,796 399,062
Operating lease liabilities less current portion 3,933 8,953
Deferred income taxes, net 195,300 207,516
Insurance accruals 31,930 35,257
Total long-term liabilities 572,277 657,254
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 79,022 and 78,984 in 2023 and 2022, respectively 907 907
Additional paid-in capital 4,261 4,165
Retained earnings 1,056,579 1,051,641
Treasury stock, at cost; 11,667 and 11,705 in 2023 and 2022, respectively (200,617) (201,236)
Stockholders' Equity 861,130 855,477
Liabilities and Stockholders' Equity $ 1,575,522 $ 1,669,488