XML 17 R2.htm IDEA: XBRL DOCUMENT v3.10.0.1
Condensed Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
$ in Thousands
Jun. 30, 2018
Dec. 31, 2017
Current assets:    
Cash $ 29 $ 71
Accounts receivable, net of allowance for doubtful accounts of $643 and $639, respectively 61,150 55,138
Other receivables 9,497 2,787
Inventories 415 458
Assets held for sale 2,451 112
Prepaid expenses and other current assets 5,256 6,025
Total current assets 78,798 64,591
Property and equipment:    
Land and structures 31,847 31,452
Revenue equipment 227,431 252,484
Service, office and other equipment 26,522 26,209
Property and equipment, at cost 285,800 310,145
Accumulated depreciation and amortization (115,780) (122,329)
Property and equipment, net 170,020 187,816
Other assets 1,332 1,448
Total assets 250,150 253,855
Current liabilities:    
Accounts payable 32,240 24,332
Current portion of insurance and claims accruals 17,995 13,552
Accrued expenses 11,498 9,108
Current maturities of capital leases 8,014 12,929
Insurance premium financing 1,330 4,115
Total current liabilities 71,077 64,036
Deferred gain 1,488 480
Long-term debt 54,950 61,225
Capital leases, less current maturities 25,994 29,216
Deferred income taxes 18,274 21,136
Insurance and claims accruals, less current portion 8,242 11,274
Total liabilities 180,025 187,367
Stockholders’ equity:    
Preferred Stock, $0.01 par value; 1,000,000 shares authorized; none issued
Common Stock, $0.01 par value; 30,000,000 shares authorized; issued 12,015,174 shares, and 12,142,391 shares, respectively 120 121
Additional paid-in capital 65,738 68,667
Retained earnings 69,039 65,460
Less treasury stock, at cost (3,702,444 shares, and 3,853,064 shares, respectively) (64,772) (67,760)
Total stockholders’ equity 70,125 66,488
Total liabilities and stockholders’ equity $ 250,150 $ 253,855