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Note 7 - Acquisition of Lew Thompson & Son Trucking, Inc (Tables) | 12 Months Ended
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Dec. 31, 2023
Notes Tables |
Schedule of Business Acquisitions, by Acquisition [Table Text Block] |
|  | February 9, 2022 |
(in thousands) |  |  |  |
Cash paid pursuant to Stock Purchase Agreement |  | $ | 40,347 |
Cash acquired included in historical book value of AAT's assets and liabilities |  |  | (1,846 | )
Contingent consideration |  |  | 16,210 |
Net purchase price |  | $ | 54,711 |
Lew Thompson & Son Trucking, Inc. [Member] |
Notes Tables |
Business Acquisition, Pro Forma Information [Table Text Block] |
(in thousands) |  | Year Ended |
|  | December 31, 2023 |
Total revenue |  | $ | 41,838 |
Net income |  | $ | 4,726 |
Lew Thompson & Son Trucking, Inc. [Member] |
Notes Tables |
Schedule of Business Acquisitions, by Acquisition [Table Text Block] |
|  | April 26, 2023 |
(in thousands) |  |  |  |
Cash paid pursuant to Stock Purchase Agreement |  | $ | 100,726 |
Cash acquired included in historical book value of LTST's assets and liabilities |  |  | (839 | )
Contingent consideration |  |  | 10,016 |
Net purchase price |  | $ | 109,903 |
Schedule of Recognized Identified Assets Acquired and Liabilities Assumed [Table Text Block] |
(in thousands) |  | April 26, 2023 |
Accounts receivable |  | $ | 5,100 |
Driver advances and other receivables |  |  | 98 |
Inventory and supplies |  |  | 1,015 |
Prepaid expenses |  |  | 561 |
Property and equipment |  |  | 42,277 |
Other assets |  |  | 120 |
Other intangibles |  |  | 52,870 |
Total identifiable assets acquired |  |  | 102,041 |
Accounts payable |  |  | (565 | )
Accrued expenses |  |  | (1,465 | )
Current portion of operating lease obligations |  |  | (396 | )
Current portion of insurance and claims accrual |  |  | (56 | )
Long-term portion of operating lease obligations |  |  | (2,103 | )
Total liabilities assumed |  |  | (4,585 | )
Net identifiable assets acquired |  |  | 97,456 |
Goodwill |  |  | 12,447 |
Net assets acquired |  | $ | 109,903 |
Business Acquisition, Pro Forma Information [Table Text Block] |
(in thousands) |  | Year Ended |  |  | Year Ended |
|  | December 31, 2023 |  |  | December 31, 2022 |
Total revenue |  | $ | 1,124,492 |  |  | $ | 1,281,504 |
Net income |  | $ | 57,592 |  |  | $ | 121,943 |
Basic net income per share |  | $ | 4.41 |  |  | $ | 8.13 |
Diluted net income per share |  | $ | 4.16 |  |  | $ | 7.86 |

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