XML 12 R2.htm IDEA: XBRL DOCUMENT v3.20.2
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2020
Dec. 31, 2019
CURRENT ASSETS    
Cash and cash equivalents $ 406,290 $ 201,909
Short-term investments 167,719 116,579
Accounts receivable, less allowances (2020 - $7,130; 2019 - $5,448) 273,135 282,579
Other accounts receivable, less allowances (2020 - $661; 2019 - $476) 16,812 18,774
Prepaid expenses 28,928 30,377
Prepaid and refundable income taxes 4,236 9,439
Other 4,923 4,745
TOTAL CURRENT ASSETS 902,043 664,402
PROPERTY, PLANT AND EQUIPMENT    
Land and structures 344,951 342,122
Revenue equipment 891,029 896,020
Service, office, and other equipment 232,058 233,354
Software 155,411 151,068
Leasehold improvements 11,821 10,383
TOTAL PROPERTY, PLANT AND EQUIPMENT, Gross 1,635,270 1,632,947
Less allowances for depreciation and amortization 974,464 949,355
PROPERTY, PLANT AND EQUIPMENT, net 660,806 683,592
GOODWILL 88,320 88,320
INTANGIBLE ASSETS, net 56,915 58,832
OPERATING RIGHT-OF-USE ASSETS 81,069 68,470
DEFERRED INCOME TAXES 7,507 7,725
OTHER LONG-TERM ASSETS 74,100 79,866
TOTAL ASSETS 1,870,760 1,651,207
CURRENT LIABILITIES    
Accounts payable 140,632 134,374
Income taxes payable 3,181 12
Accrued expenses 217,020 232,321
Current portion of long-term debt 59,050 57,305
Current portion of operating lease liabilities 19,769 20,265
TOTAL CURRENT LIABILITIES 439,652 444,277
LONG-TERM DEBT, less current portion 473,850 266,214
OPERATING LEASE LIABILITIES, less current portion 65,249 52,277
POSTRETIREMENT LIABILITIES, less current portion 20,448 20,294
OTHER LONG-TERM LIABILITIES 36,077 38,892
DEFERRED INCOME TAXES 60,393 66,210
STOCKHOLDERS' EQUITY    
Common stock, $0.01 par value, authorized 70,000,000 shares; issued 2020: 28,958,258 shares, 2019: 28,810,902 shares 290 288
Additional paid-in capital 337,942 333,943
Retained earnings 546,689 533,187
Treasury stock, at cost, 2020: 3,554,639 shares; 2019: 3,404,639 shares (107,740) (104,578)
Accumulated other comprehensive income (loss) (2,090) 203
TOTAL STOCKHOLDERS' EQUITY 775,091 763,043
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY $ 1,870,760 $ 1,651,207