XML 11 R2.htm IDEA: XBRL DOCUMENT v3.22.2.2
Condensed Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
$ in Thousands
Sep. 30, 2022
Dec. 31, 2021
Current assets:    
Cash and cash equivalents $ 42,807 $ 18,509
Accounts receivable-net:    
Trade, less current estimated credit loss of $5,195 and $4,526, respectively 155,181 121,854
Other 6,580 7,092
Inventories 2,278 1,456
Prepaid expenses and deposits 12,002 10,962
Marketable equity securities 36,002 39,424
Income taxes refundable 733 277
Total current assets 255,583 199,574
Property and equipment:    
Land 19,719 19,718
Structures and improvements 35,060 33,534
Revenue equipment 625,639 520,840
Office furniture and equipment 12,677 11,211
Total property and equipment 693,095 585,303
Accumulated depreciation (233,817) (201,124)
Net property and equipment 459,278 384,179
Other assets 4,626 3,628
TOTAL ASSETS 719,487 587,381
Current liabilities:    
Accounts payable 54,651 43,381
Accrued expenses and other liabilities 24,760 14,114
Income taxes payable 474 4,364
Current maturities of long-term debt 51,668 49,544
Total current liabilities 131,553 111,403
Long-term debt - less current portion 205,675 172,733
Deferred income taxes 98,938 86,715
Other long-term liabilities 185 420
Total liabilities 436,351 371,271
COMMITMENTS AND CONTINGENCIES (Note L)
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; 22,280,187 and 34,574,807 shares issued; 22,187,063 and 22,348,022 shares outstanding at September 30, 2022 and December 31, 2021, respectively 223 234
Additional paid-in capital 40,285 84,472
Treasury stock, at cost; 93,124 and 12,226,785 shares at September 30, 2022 and December 31, 2021, respectively (2,877) (169,946)
Retained earnings 245,505 301,350
Total stockholders’ equity 283,136 216,110
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY $ 719,487 $ 587,381