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Note 15 - Commitments and Contingencies
12 Months Ended
Dec. 31, 2017
Notes to Financial Statements  
Commitments and Contingencies Disclosure [Text Block]
15.
COMMITMENTS AND CONTINGENCIES
 
Other than the lawsuit discussed below, the Company is
not
a party to any pending legal proceedings which management believes to be material to the Consolidated financial statements of the Company. The Company maintains liability insurance against risks arising
in the normal course of its business.
 
We are a defendant in a collective-action lawsuit which was re-filed on
December 9, 2016,
in the United States District Court for the Western District of Arkansas. The plaintiffs
, who are former drivers who worked for the Company during the period of
December 6, 2013,
through the date of the filing, allege unsubstantiated violations under the Fair Labor Standards Act and the Arkansas Minimum Wage Law. The plaintiffs, through their attorneys, have filed causes of action alleging “Failure to pay minimum wage during orientation, failure to pay minimum wage to team drivers after initial orientation, failure to pay minimum wage to solo-drivers after initial orientation, failure to pay for compensable travel time, Comdata card fees, unlawful deductions, and breach of contract.” The plaintiffs are seeking actual and liquidated damages to include court costs and legal fees. The lawsuit is currently under preliminary review. We cannot reasonably estimate, at this time, the possible loss or range of loss, if any, that
may
arise from this lawsuit. Management has determined that any losses under this claim will
not
be covered by existing insurance policies.
 
During
2014
and
2015,
the Company’s subsidiaries operated equipment under operating leases for the lease of
471
trucks. Revenue equipment held under operating leases is
not
carried on our balance sheet and the respective lease payments are reflected in our consolidated statements of operations as a component of the Rents and purchased transportation category. The final
56
trucks operated under these lease agreements were returned or purchased in by
January 31, 2018.
 
Leases for revenue equipment and certain premises under non-cancellable operating leases expire at various dates through
20
21.
Future minimum lease payments related to these non-cancellable leases at
December 31, 2017
are as follows:
 
     
(in thousands)
 
         
201
8
  $
382
 
201
9
   
67
 
20
20
   
36
 
20
21
   
6
 
20
22 and thereafter
   
-
 
         
Total
  $
491
 
 
 
Total rental expense, net of amounts reimbursed
, for the years ended
December 31, 2017,
2016
and
2015
was approximately
$5,460,000,
$10,294,000,
and
$12,057,000,
respectively.