XML 16 R2.htm IDEA: XBRL DOCUMENT v3.24.0.1
Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2023
Dec. 31, 2022
CURRENT ASSETS    
Cash and cash equivalents $ 28,123 $ 49,462
Trade receivables, net 102,740 139,819
Prepaid tires 10,650 11,293
Other current assets 17,602 26,069
Income tax receivable 10,157 3,139
Total current assets 169,272 229,782
PROPERTY AND EQUIPMENT    
Land and land improvements 118,682 94,155
Buildings 149,780 143,899
Furniture and fixtures 6,835 6,946
Shop and service equipment 20,822 21,652
Revenue equipment 1,021,208 1,000,472
Construction in progress 2,582 15,070
Property and equipment, gross 1,319,909 1,282,194
Less accumulated depreciation 434,558 308,936
Property and equipment, net 885,351 973,258
GOODWILL 322,597 320,675
OTHER INTANGIBLES, NET 98,537 103,701
DEFERRED INCOME TAX ASSETS, NET 1,494 1,224
OTHER ASSETS 14,953 19,894
OPERATING LEASE RIGHT OF USE ASSETS 17,442 20,954
Assets 1,509,646 1,669,488
CURRENT LIABILITIES    
Accounts payable and accrued liabilities 37,777 62,712
Compensation and benefits 28,492 30,972
Insurance accruals 21,507 18,490
Long-term debt and finance lease liabilities - current portion 9,303 13,946
Operating lease liabilities - current portion 9,259 12,001
Other accruals 17,138 18,636
Total current liabilities 123,476 156,757
LONG-TERM LIABILITIES    
Income taxes payable 6,270 6,466
Long-term debt and finance lease liabilities less current portion 290,696 399,062
Operating lease liabilities less current portion 8,183 8,953
Deferred income taxes, net 189,121 207,516
Accident and work comp accruals less current portion 26,640 35,257
Total long-term liabilities 520,910 657,254
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 2023 and 2022; outstanding 79,039 and 78,984 in 2023 and 2022, respectively 907 907
Additional paid-in capital 4,527 4,165
Retained earnings 1,060,094 1,051,641
Treasury stock, at cost; 11,650 and 11,705 shares in 2023 and 2022, respectively (200,268) (201,236)
Stockholders' Equity Attributable to Parent 865,260 855,477
Liabilities and Stockholders' Equity $ 1,509,646 $ 1,669,488