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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2025
Sep. 30, 2024
OPERATING ACTIVITIES    
Net loss $ (33,011) $ (27,869)
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 121,833 137,596
Deferred income taxes (17,065) (25,016)
Stock-based compensation expense 1,354 742
Debt-related amortization 175 789
Gain on disposal of property and equipment (11,254) (1,510)
Changes in certain working capital items:    
Trade receivables 11,624 2,723
Prepaid expenses and other current assets 1,054 2,297
Accounts payable, accrued liabilities, and accrued expenses (504) 8,030
Accrued income taxes 166 8,778
Net cash provided by operating activities 74,372 106,560
INVESTING ACTIVITIES    
Proceeds from sale of property and equipment 72,664 27,698
Purchases of property and equipment (97,031) (26,229)
Change in other assets 139 30
Net cash (used in) provided by investing activities (24,228) 1,499
FINANCING ACTIVITIES    
Payments of cash dividends (4,694) (3,151)
Shares withheld for employee taxes related to stock-based compensation (278) (383)
Repayments of finance leases and debt (15,541) (94,001)
Repurchase of Common Stock (10,360) (7,281)
Net cash used in financing activities (30,873) (104,816)
Net increase in cash, cash equivalents and restricted cash 19,271 3,243
CASH, CASH EQUIVALENTS AND RESTRICTED CASH    
Beginning of period 26,284 41,188
End of period 45,555 44,431
SUPPLEMENTAL DISCLOSURES OF CASH FLOW INFORMATION    
Cash paid during the period for interest expense 9,324 14,296
Cash paid during the period for income taxes, net of refunds 6,928 10,030
Noncash investing and financing activities:    
Purchased property and equipment in accounts payable 12,376 12,086
Sold revenue equipment and property in other current assets 3,310 1,253
Common stock dividends declared in accounts payable 1,549 1,569
RECONCILIATION OF CASH, CASH EQUIVALENTS AND RESTRICTED CASH    
Cash and cash equivalents 32,688 30,739
Restricted cash included in other current assets 237 312
Restricted cash included in other assets 12,630 13,380
Total cash, cash equivalents and restricted cash $ 45,555 $ 44,431