XML 36 R6.htm IDEA: XBRL DOCUMENT v2.4.0.8
Consolidated Statements of Cash Flows (Unaudited) (USD $)
In Thousands, unless otherwise specified
6 Months Ended
Jun. 30, 2014
Jun. 30, 2013
Operating activities:    
Net loss $ (867) $ (3,872)
Adjustments to reconcile net loss to net cash provided by (used in) operating activities:    
Depreciation and amortization 22,603 21,767
Provision for doubtful accounts 423 (90)
Deferred income taxes, net (1,321) (1,978)
Stock-based compensation 219 44
Gain on disposal of assets, net (522) (819)
Other (4) 16
Changes in operating assets and liabilities:    
Accounts receivable (13,734) (2,175)
Inventories and prepaid expenses (1,095) (387)
Trade accounts payable and accrued expenses 11,037 3,281
Insurance and claims accruals 1,779 3,045
Net cash provided by operating activities 18,518 18,832
Investing activities:    
Purchases of property and equipment (22,534) (7,209)
Proceeds from sale of property and equipment 8,881 5,149
Change in other assets, net 15 32
Net cash used in investing activities (13,638) (2,028)
Financing activities:    
Borrowings under long-term debt 43,817 126,956
Restricted stock vesting and stock option exercise (126)  
Principal payments on long-term debt (37,239) (130,147)
Principal payments on capitalized lease obligations (9,706) (10,536)
Principal payments on note payable (681) (899)
Net increase in bank drafts payable (920) (3,053)
Net cash used in financing activities (4,855) (17,679)
Increase (Decrease) in cash 25 (875)
Cash:    
Beginning of period 14 1,742
End of period 39 867
Cash paid during the period for:    
Interest 1,710 1,905
Income taxes 324 48
Supplemental disclosure of non-cash investing activities:    
Liability incurred for leases on revenue equipment   21,989
Accounts Payable [Member]
   
Supplemental disclosure of non-cash investing activities:    
Capital Expenditures Incurred but Not yet Paid 5,650 1,359
Long-term Debt [Member]
   
Supplemental disclosure of non-cash investing activities:    
Capital Expenditures Incurred but Not yet Paid $ 4 $ 295