v2.4.0.6
Condensed Consolidated Statements of Cash Flows (Unaudited) (USD $)
In Thousands, unless otherwise specified
 9 Months Ended
Mar. 31, 2013
Mar. 31, 2012
Net income $ 20,020 $ 16,571
Depreciation and amortization 42,326 40,734
Gain on sale of equipment (6,184) (5,014)
Stock based compensation 3,315 1,826
Deferred income taxes 6,819 3,910
Provision for doubtful accounts 2 10
Trade receivables 2,289 (3,974)
Income taxes payable (406) (610)
Tires in service 2,708 3,817
Prepaid expenses and other current assets (3,048) 923
Other assets (4,170) (580)
Accounts payable and accrued expenses 1,151 (3,022)
Net cash provided by operating activities 64,822 54,591
Purchase of property and equipment (151,876) (47,842)
Proceeds on sale of property and equipment 88,183 64,379
Purchase of businesses, net of cash (32,280) (40,129)
Purchase of available for sale securities   (4,661)
Proceeds from sale of available for sale securities   4,923
Net cash used in investing activities (95,973) (23,330)
Borrowings on long-term debt 64,772 8,110
Dividends paid (1,348) (890)
Principal payments under capital lease obligations (63,742) (62,924)
Proceeds from issuance of stock 1,828 271
Net cash provided by (used in) financing activities 1,510 (55,433)
Effect of exchange rates on cash and cash equivalents 524 (696)
Decrease in cash and cash equivalents (29,117) (24,868)
Cash and cash equivalents at beginning of period 33,646 25,673
Cash and cash equivalents at end of period 4,529 805
Interest paid 3,738 4,086
Income taxes paid 4,620 7,233
Lease obligation incurred in the purchase of equipment 45,804 106,307
Change in dividends payable   $ 445