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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2026
Sep. 30, 2025
OPERATING ACTIVITIES    
Net income (loss) $ 6,720 $ (33,011)
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 98,426 121,833
Deferred income taxes (12,724) (17,065)
Stock-based compensation expense 1,851 1,354
Debt-related amortization 0 175
Gain on disposal of property and equipment (40,199) (11,254)
Changes in certain working capital items:    
Trade receivables (1,358) 11,624
Prepaid expenses and other current assets 537 1,054
Accounts payable, accrued liabilities, and accrued expenses (2,777) (504)
Accrued income taxes 4,597 166
Net cash provided by operating activities 55,073 74,372
INVESTING ACTIVITIES    
Proceeds from sale of property and equipment 136,645 72,664
Purchases of property and equipment (91,942) (97,031)
Change in other assets (257) 139
Net cash provided by (used in) investing activities 44,446 (24,228)
FINANCING ACTIVITIES    
Payments of cash dividends (4,646) (4,694)
Shares withheld for employee taxes related to stock-based compensation (562) (278)
Repayments of finance leases and debt (59,883) (15,541)
Repurchase of Common Stock (4,590) (10,360)
Net cash used in financing activities (69,681) (30,873)
Net increase in cash, cash equivalents and restricted cash 29,838 19,271
CASH, CASH EQUIVALENTS AND RESTRICTED CASH    
Beginning of period 31,445 26,284
End of period 61,283 45,555
SUPPLEMENTAL DISCLOSURES OF CASH FLOW INFORMATION    
Cash paid during the period for interest expense 5,992 9,324
Cash paid during the period for income taxes, net of refunds 12,291 6,928
Noncash investing and financing activities:    
Purchased property and equipment in accounts payable 2,662 12,376
Sold revenue equipment and property in other current assets 778 3,310
Common stock dividends declared in accounts payable 1,545 1,549
RECONCILIATION OF CASH, CASH EQUIVALENTS AND RESTRICTED CASH    
Cash and cash equivalents 48,503 32,688
Restricted cash included in other current assets 230 237
Restricted cash included in other assets 12,550 12,630
Total cash, cash equivalents and restricted cash $ 61,283 $ 45,555