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Condensed Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
Mar. 31, 2025
Dec. 31, 2024
Current assets:    
Cash and cash equivalents $ 57,072,000 $ 68,060,000
Accounts receivable-net:    
Trade, less current estimated credit loss of $7,000 and $6,636, respectively 82,749,000 79,967,000
Other 6,281,000 4,854,000
Inventories 2,329,000 2,433,000
Prepaid expenses and deposits 10,456,000 11,555,000
Marketable equity securities 45,584,000 42,620,000
Income taxes refundable 0 2,281,000
Total current assets 204,471,000 211,770,000
Property and equipment:    
Land 30,451,000 30,426,000
Structures and improvements 56,423,000 53,620,000
Revenue equipment 697,551,000 733,181,000
Office furniture and equipment 15,958,000 19,263,000
Total property and equipment 800,383,000 836,490,000
Accumulated depreciation (294,879,000) (309,272,000)
Net property and equipment 505,504,000 527,218,000
Other assets 2,666,000 2,666,000
TOTAL ASSETS 712,641,000 741,654,000
Current liabilities:    
Accounts payable 31,081,000 31,198,000
Accrued expenses and other liabilities 15,067,000 14,569,000
Income tax payable 6,417,000 0
Current maturities of long-term debt 74,049,000 73,017,000
Total current liabilities 126,614,000 118,784,000
Long-term debt - less current portion 235,189,000 252,565,000
Deferred income taxes 81,243,000 92,547,000
Other long-term liabilities 0 250,000
Total liabilities 443,046,000 464,146,000
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, 100,000,000 shares authorized; 22,372,244 and 22,364,120 shares issued; 21,790,658 and 21,782,534 shares outstanding at March 31, 2025 and December 31, 2024, respectively 224,000 224,000
Additional paid-in capital 41,400,000 41,171,000
Treasury stock, at cost; 581,586 shares at March 31, 2025 and December 31, 2024, respectively (13,996,000) (13,996,000)
Retained earnings 241,967,000 250,109,000
Total stockholders’ equity 269,595,000 277,508,000
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY $ 712,641,000 $ 741,654,000