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Note 13 - Acquisition of Lew Thompson & Son Trucking, Inc. (Tables) | 6 Months Ended
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Jun. 30, 2024
Notes Tables |
Business Acquisition, Pro Forma Information [Table Text Block] |
(in thousands) |  | Three months ended |  |  | Six months ended |
|  | June 30, 2024 |  |  | June 30, 2023 |  |  | June 30, 2024 |  |  | June 30, 2023 |
Total revenue |  | $ | 31,398 |  |  | $ | 10,809 |  |  | $ | 53,127 |  |  | $ | 10,809 |
Net income |  | $ | 3,534 |  |  | $ | 1,878 |  |  | $ | 5,152 |  |  | $ | 1,878 |
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 |  | $ | 105,282 |
Cash acquired included in historical book value of LTST's assets and liabilities |  |  | (839 | )
Contingent consideration |  |  | 10,016 |
Net purchase price |  | $ | 114,459 |
Schedule of Recognized Identified Assets Acquired and Liabilities Assumed [Table Text Block] |
|  | April 26, 2023 |
Accounts receivable |  | $ | 4,848 |
Driver advances and other receivables |  |  | 98 |
Inventory and supplies |  |  | 1,015 |
Prepaid expenses |  |  | 561 |
Net property and equipment |  |  | 42,277 |
Other assets, net |  |  | 120 |
Other intangibles, net |  |  | 52,870 |
Total identifiable assets acquired |  |  | 101,789 |
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 |  |  | 97,204 |
Goodwill |  |  | 17,255 |
Net assets acquired |  | $ | 114,459 |
Business Acquisition, Pro Forma Information [Table Text Block] |
(in thousands) |  |  |  |  |  |  |  |
|  | Three months ended |  |  | Six months ended |
|  | June 30, 2023 |  |  | June 30, 2023 |
Total revenue |  | $ | 279,421 |  |  | $ | 562,485 |
Net income |  | $ | 12,976 |  |  | $ | 31,659 |
Basic net income per share |  | $ | 1.00 |  |  | $ | 2.41 |
Diluted net income per share |  | $ | 0.96 |  |  | $ | 2.30 |

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