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Condensed Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
$ in Thousands
Mar. 31, 2023
Dec. 31, 2022
Current assets:    
Cash and cash equivalents $ 92,473 $ 74,087
Accounts receivable-net:    
Trade, less current estimated credit loss of $5,672 and $5,381, respectively 131,431 134,739
Other 7,443 6,263
Inventories 2,624 2,570
Prepaid expenses and deposits 14,136 15,729
Marketable equity securities 41,440 41,728
Income taxes refundable 3,280 5,650
Total current assets 292,827 280,766
Property and equipment:    
Land 19,718 19,718
Structures and improvements 36,557 35,534
Revenue equipment 621,208 637,510
Office furniture and equipment 13,638 13,157
Total property and equipment 691,121 705,919
Accumulated depreciation (244,436) (242,324)
Net property and equipment 446,685 463,595
Other assets 4,329 4,801
TOTAL ASSETS 743,841 749,162
Current liabilities:    
Accounts payable 46,229 48,917
Accrued expenses and other liabilities 43,342 34,233
Current maturities of long-term debt 58,735 58,815
Total current liabilities 148,306 141,965
Long-term debt - less current portion 192,522 205,466
Deferred income taxes 100,885 101,445
Other long-term liabilities 22 103
Total liabilities 441,735 448,979
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, 50,000,000 shares authorized; 22,300,971 and 22,293,687 shares issued; 22,050,556 and 22,166,450 shares outstanding at March 31, 2023 and December 31, 2022, respectively 223 223
Additional paid-in capital 40,680 40,472
Treasury stock, at cost; 250,415 and 127,237 shares at March 31, 2023 and December 31, 2022, respectively (7,516) (4,000)
Retained earnings 268,719 263,488
Total stockholders’ equity 302,106 300,183
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY $ 743,841 $ 749,162