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Condensed Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
$ in Thousands
Jun. 30, 2023
Dec. 31, 2022
Current assets:    
Cash and cash equivalents $ 97,988 $ 74,087
Accounts receivable-net:    
Trade, less current estimated credit loss of $7,322 and $5,381, respectively 100,812 134,739
Other 6,992 6,263
Inventories 2,585 2,570
Prepaid expenses and deposits 11,901 15,729
Marketable equity securities 41,274 41,728
Income taxes refundable 2,997 5,650
Total current assets 264,549 280,766
Property and equipment:    
Land 19,719 19,718
Structures and improvements 37,642 35,534
Revenue equipment 618,606 637,510
Office furniture and equipment 14,045 13,157
Total property and equipment 690,012 705,919
Accumulated depreciation (253,299) (242,324)
Net property and equipment 436,713 463,595
Other assets 4,147 4,801
TOTAL ASSETS 705,409 749,162
Current liabilities:    
Accounts payable 41,011 48,917
Accrued expenses and other liabilities 20,775 34,233
Current maturities of long-term debt 53,006 58,815
Total current liabilities 114,792 141,965
Long-term debt - less current portion 176,963 205,466
Deferred income taxes 102,774 101,445
Other long-term liabilities 0 103
Total liabilities 394,529 448,979
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; 22,306,641 and 22,293,687 shares issued; 22,035,245 and 22,166,450 shares outstanding at June 30, 2023 and December 31, 2022, respectively 223 223
Additional paid-in capital 40,714 40,472
Treasury stock, at cost; 271,396 and 127,237 shares at June 30, 2023 and December 31, 2022, respectively (8,095) (4,000)
Retained earnings 278,038 263,488
Total stockholders’ equity 310,880 300,183
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY $ 705,409 $ 749,162