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Condensed Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
$ in Thousands
Sep. 30, 2023
Dec. 31, 2022
Current assets:    
Cash and cash equivalents $ 102,299 $ 74,087
Accounts receivable-net:    
Trade, less current estimated credit loss of $7,411 and $5,381, respectively 96,456 134,739
Other 7,639 6,263
Inventories 2,600 2,570
Prepaid expenses and deposits 10,932 15,729
Marketable equity securities 41,250 41,728
Income taxes refundable 8,423 5,650
Total current assets 269,599 280,766
Property and equipment:    
Land 23,078 19,718
Structures and improvements 42,318 35,534
Revenue equipment 634,200 637,510
Office furniture and equipment 15,077 13,157
Total property and equipment 714,673 705,919
Accumulated depreciation (257,753) (242,324)
Net property and equipment 456,920 463,595
Other assets 5,202 4,801
TOTAL ASSETS 731,721 749,162
Current liabilities:    
Accounts payable 57,653 48,917
Accrued expenses and other liabilities 22,054 34,233
Current maturities of long-term debt 56,149 58,815
Total current liabilities 135,856 141,965
Long-term debt - less current portion 171,418 205,466
Deferred income taxes 107,415 101,445
Other long-term liabilities 750 103
Total liabilities 415,439 448,979
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; 22,317,671 and 22,293,687 shares issued; 22,021,341 and 22,166,450 shares outstanding at September 30, 2023 and December 31, 2022, respectively 223 223
Additional paid-in capital 40,660 40,472
Treasury stock, at cost; 296,330 and 127,237 shares at September 30, 2023 and December 31, 2022, respectively (8,736) (4,000)
Retained earnings 284,135 263,488
Total stockholders’ equity 316,282 300,183
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY $ 731,721 $ 749,162