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Consolidated Balance Sheets - USD ($)
Dec. 31, 2020
Dec. 31, 2019
CURRENT ASSETS:    
Cash and cash equivalents $ 337,000 $ 318,000
Accounts receivable—net:    
Trade, less current estimated credit loss of $3,482 and $2,952, respectively 77,731,000 61,784,000
Other 5,127,000 3,769,000
Inventories 1,345,000 1,327,000
Prepaid expenses and deposits 10,172,000 8,669,000
Marketable equity securities 27,941,000 29,521,000
Income taxes refundable 868,000 504,000
Total current assets 123,521,000 105,892,000
PROPERTY AND EQUIPMENT:    
Land 18,486,000 7,246,000
Structures and improvements 32,275,000 20,204,000
Revenue equipment 592,476,000 524,527,000
Office furniture and equipment 10,439,000 11,185,000
Total property and equipment 653,676,000 563,162,000
Accumulated depreciation (202,851,000) (175,887,000)
Net property and equipment 450,825,000 387,275,000
OTHER ASSETS 4,246,000 4,842,000
TOTAL ASSETS 578,592,000 498,009,000
CURRENT LIABILITIES:    
Accounts payable 46,102,000 16,597,000
Accrued expenses and other liabilities 26,601,000 40,610,000
Current maturities of long-term debt 57,776,000 67,637,000
Total current liabilities 130,479,000 124,845,000
Long-term debt—less current portion 228,330,000 174,187,000
Deferred income taxes 68,883,000 63,522,000
Other long-term liabilities 919,000 1,481,000
Total liabilities 428,611,000 364,034,000
COMMITMENTS AND CONTINGENCIES (Note 16)
STOCKHOLDERS’ EQUITY    
Preferred stock, $.01 par value, 10,000,000 shares authorized; none issued 0 0
Common stock, $.01 par value, 40,000,000 shares authorized; 11,695,719 and 11,656,160 shares issued; 5,727,895 and 5,748,897 shares outstanding at December 31, 2020 and 2019, respectively 117,000 117,000
Additional paid-in capital 84,148,000 83,688,000
Accumulated Other Comprehensive Income 0 0
Treasury stock, at cost; 5,967,824 and 5,907,263 shares at December 31, 2020 and 2019, respectively (159,118,275) (156,837,000)
Retained earnings 224,834,000 207,007,000
Total stockholders’ equity 149,981,000 133,975,000
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY $ 578,592,000 $ 498,009,000