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Consolidated Balance Sheets - USD ($)
Dec. 31, 2024
Dec. 31, 2023
CURRENT ASSETS:    
Cash and cash equivalents $ 68,060,000 $ 100,614,000
Accounts receivable—net:    
Trade, less current estimated credit loss of $6,636 and $7,717, respectively 79,967,000 80,604,000
Other 4,854,000 7,203,000
Inventories 2,433,000 2,321,000
Prepaid expenses and deposits 11,555,000 13,213,000
Marketable equity securities 42,620,000 43,203,000
Income taxes refundable 2,281,000 3,883,000
Total current assets 211,770,000 251,041,000
PROPERTY AND EQUIPMENT:    
Land 30,426,000 23,078,000
Structures and improvements 53,620,000 43,552,000
Revenue equipment 733,181,000 689,173,000
Office furniture and equipment 19,263,000 15,328,000
Total property and equipment 836,490,000 771,131,000
Accumulated depreciation (309,272,000) (266,412,000)
Net property and equipment 527,218,000 504,719,000
OTHER ASSETS 2,666,000 4,697,000
TOTAL ASSETS 741,654,000 760,457,000
Liabilities, Current [Abstract]    
Accounts payable 31,198,000 62,652,000
Accrued Liabilities, Current 14,569,000 16,799,000
Current maturities of long-term debt 73,017,000 57,645,000
Total current liabilities 118,784,000 137,096,000
Long-term debt—less current portion 252,565,000 204,064,000
Deferred income taxes 92,547,000 104,331,000
Other long-term liabilities 250,000 750,000
Total liabilities 464,146,000 446,241,000
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, 100,000,000 and 50,000,000 shares authorized; 22,364,120 and 22,317,671 shares issued; 21,782,534 and 22,021,341 shares outstanding at December 31, 2024 and 2023, respectively 224,000 223,000
Additional paid-in capital 41,171,000 40,825,000
Accumulated Other Comprehensive Income 0 0
Treasury stock, at cost; 581,586 and 296,330 shares at December 31, 2024 and 2023, respectively (13,996,000) (8,736,000)
Retained earnings 250,109,000 281,904,000
Total stockholders’ equity 277,508,000 314,216,000
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY $ 741,654,000 $ 760,457,000