XML 35 R13.htm IDEA: XBRL DOCUMENT v3.6.0.2
Note 5 - Property and Equipment
 12 Months Ended
Dec. 31, 2016
Notes to Financial Statements  
Property, Plant and Equipment Disclosure [Text Block]
5
.         PROPERTY AND EQUIPMENT
 
A summary of property and equipment, at cost, as of
December
31,
2016
and
2015
is as follows:
 
(in thousands)
  
Estimated
Useful Lives
(in years)
    
2016
    
2015
  
Revenue equipment
    
3
-
10
     $
499,809
     $
468,693
  
Communications equipment
    
5
-
10
      
8,192
      
8,189
  
Land and improvements
    
0
-
10
      
25,482
      
25,184
  
Buildings and leasehold improvements
    
7
-
40
      
71,324
      
71,614
  
Construction in-progress
    
 
-
 
      
3,176
      
1,104
  
Other
    
2
-
7
      
23,093
      
21,287
  
     
 
 
 
     $
631,076
     $
596,071
  
 
Depreciation expense was
$71.4
million,
$61.9
million, and
$49.0
million, in
2016,
2015,
and
2014,
respectively. This depreciation expense excludes net losses on the sale of property and equipment totaling
$0.8
million in
2016,
and net gains on the sale of property and equipment totaling
$0.6
million and
$2.7
million in
2015
and
2014,
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 approximately
60
to
84
months. At
December
31,
2016
and
2015,
property and equipment included capitalized leases, which had capitalized costs of
$26.6
million and
$19.4
million and accumulated amortization of
$4.2
million and
$4.7
million, respectively. Amortization of these leased assets is included in depreciation and amortization expense in the consolidated statement of operations and totaled
$1.6
million,
$2.0
million, and
$3.0
million during
2016,
2015,
and
2014,
respectively.