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Note 13 - Acquisition of Lew Thompson & Son Trucking, Inc. (Tables)

9 Months Ended

Sep. 30, 2024

Notes Tables

Business Acquisition, Pro Forma Information [Table Text Block]

(in thousands)		Three months ended								Nine months ended
		September 30, 2024				September 30, 2023				September 30, 2024				September 30, 2023
Total revenue		$	35,730			$	15,020			$	88,857			$	25,829
Net income		$	3,058			$	1,542			$	8,211			$	3,420

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				Nine months ended
		September 30, 2023				September 30, 2023
Total revenue		$	303,741			$	878,626
Net income		$	14,687			$	49,772
Basic net income per share		$	1.13			$	3.80
Diluted net income per share		$	1.07			$	3.62

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