XML 82 R13.htm IDEA: XBRL DOCUMENT v2.4.1.9
Note 5 - Property and Equipment
 12 Months Ended
Dec. 31, 2014
Property, Plant and Equipment [Abstract]  
Property, Plant and Equipment Disclosure [Text Block]

5.     PROPERTY AND EQUIPMENT


A summary of property and equipment, at cost, as of December 31, 2014 and 2013 is as follows:


(in thousands)

 

Estimated

Useful Lives

(in years)

   

2014

   

2013

 

Revenue equipment

    3-10     $ 418,574     $ 372,968  

Communications equipment

    5-10       8,248       9,084  

Land and improvements

    0-10       18,820       19,009  

Buildings and leasehold improvements

    7-40       37,217       41,876  

Construction in-progress

    -       2,976       1,859  

Other

    2-7        19,510       17,580  
            $ 505,345     $ 462,376  

Depreciation expense was $49.0 million, $44.2 million, and $47.8 million, in 2014, 2013, and 2012, respectively. The aforementioned depreciation expense excludes net gains on the sale of property and equipment totaling $2.7 million, $0.8 million, and $4.9 million in 2014, 2013, and 2012, respectively, which are presented net in depreciation and amortization expense in the consolidated statements of operations.


We lease certain revenue equipment under capital leases with terms of 60 to 84 months. At December 31, 2014 and 2013, property and equipment included capitalized leases, which had capitalized costs of $33.8 million and $29.4 million and accumulated amortization of $10.6 million and $7.6 million, respectively. Amortization of these leased assets is included in depreciation and amortization expense in the consolidated statement of operations and totaled $3.0 million, $2.2 million, and $2.1 million during 2014, 2013, and 2012, respectively.