XML 13 R2.htm IDEA: XBRL DOCUMENT v3.24.2.u1
Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2024
Dec. 31, 2023
CURRENT ASSETS    
Cash and cash equivalents $ 23,861 $ 28,123
Trade receivables, net of $2.3 and $2.7 million allowance in 2024 and 2023, respectively 108,913 102,740
Prepaid tires 9,488 10,650
Other current assets 17,178 17,602
Income tax receivable 4,678 10,157
Total current assets 164,118 169,272
PROPERTY AND EQUIPMENT    
Land and land improvements 119,217 118,682
Buildings 151,715 149,780
Furniture and fixtures 6,825 6,835
Shop and service equipment 22,165 20,822
Revenue equipment 1,016,035 1,021,208
Construction in progress 1,434 2,582
Property and equipment, gross 1,317,391 1,319,909
Less accumulated depreciation 514,644 434,558
Property and equipment, net 802,747 885,351
Goodwill 322,597 322,597
OTHER INTANGIBLES, NET 96,029 98,537
OTHER ASSETS 15,156 14,953
Deferred Income Taxes, Net 1,304 1,494
OPERATING LEASE RIGHT OF USE ASSETS 11,483 17,442
Assets 1,413,434 1,509,646
CURRENT LIABILITIES    
Accounts payable and accrued liabilities 40,017 37,777
Compensation and benefits 28,417 28,492
Insurance accruals 25,678 21,507
Long-term debt and finance lease liabilities - current portion 8,644 9,303
Operating lease liabilities - current portion 7,018 9,259
Other accruals 24,063 17,138
Total current liabilities 133,837 123,476
LONG-TERM LIABILITIES    
Income taxes payable 6,012 6,270
Long-term debt and finance lease liabilities less current portion 228,522 290,696
Operating lease liabilities less current portion 4,465 8,183
Deferred income taxes, net 173,198 189,121
Insurance accruals 30,634 26,640
Total long-term liabilities 442,831 520,910
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 2024 and 2023; outstanding 78,452 and 79,039 in 2024 and 2023, respectively 907 907
Additional paid-in capital 4,333 4,527
Retained earnings 1,038,357 1,060,094
Treasury stock, at cost; 12,237 and 11,650 shares in 2024 and 2023, respectively (206,831) (200,268)
Stockholders' Equity 836,766 865,260
Liabilities and Stockholders' Equity $ 1,413,434 $ 1,509,646