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Consolidated Condensed Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Mar. 31, 2016
Dec. 31, 2015
Current assets:    
Cash and cash equivalents $ 56,806 $ 60,945
Receivables, net of allowance of $16,137 and $15,372, respectively 822,556 835,489
Inventories 65,542 63,725
Prepaid expenses and other current assets 149,642 138,143
Total current assets 1,094,546 1,098,302
Revenue earning equipment, net 8,275,093 8,184,735
Operating property and equipment, net of accumulated depreciation of $1,095,352 and $1,046,137, respectively 717,444 714,970
Goodwill 389,382 389,135
Intangible assets, net of accumulated amortization of $47,215 and $45,736, respectively 53,588 55,192
Direct financing leases and other assets 524,477 510,246
Total assets 11,054,530 10,952,580
Current liabilities:    
Short-term debt and current portion of long-term debt 612,223 634,530
Accounts payable 475,017 502,373
Accrued expenses and other current liabilities 506,300 543,352
Total current liabilities 1,593,540 1,680,255
Long-term debt 4,987,217 4,868,097
Other non-current liabilities 806,561 829,595
Deferred income taxes 1,621,894 1,587,522
Total liabilities 9,009,212 8,965,469
Shareholders’ equity:    
Preferred stock, no par value per share — authorized, 3,800,917; none outstanding, March 31, 2016 or December 31, 2015 0 0
Common stock, $0.50 par value per share — authorized, 400,000,000; outstanding, March 31, 2016 — 53,703,407; December 31, 2015 — 53,490,603 26,850 26,745
Additional paid-in capital 1,011,988 1,006,021
Retained earnings 1,700,816 1,667,080
Accumulated other comprehensive loss (694,336) (712,735)
Total shareholders’ equity 2,045,318 1,987,111
Total liabilities and shareholders’ equity $ 11,054,530 $ 10,952,580