v3.4.0.3
Condensed Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
$ in Thousands
Mar. 31, 2016
Jun. 30, 2015
Current assets:    
Cash and cash equivalents $ 5,294 $ 24,699
Trade receivables, net of allowance for doubtful accounts of $1,526 and $1,002 at March 31, 2016 and June 30, 2015, respectively 131,178 130,892
Prepaid expenses and other current assets 41,420 33,267
Tires in service 3,448 1,857
Leased revenue equipment held for sale 56,374 52,591
Revenue equipment held for sale 78,822 49,856
Income tax receivable 16,846 17,926
Deferred income taxes 5,109 7,083
Total current assets 338,491 318,171
Property and equipment 908,431 935,976
Less accumulated depreciation and amortization (163,626) (147,446)
Net property and equipment 744,805 788,530
Tires in service 3,739 2,173
Goodwill 61,278 $ 55,357
Investment in unconsolidated companies 2,043
Other assets 27,550 $ 11,458
Total assets 1,177,906 1,175,689
Current liabilities:    
Accounts payable 23,104 13,699
Accrued salaries and benefits 16,603 16,329
Accrued insurance and claims 19,169 14,808
Accrued fuel expense 7,523 10,979
Accrued purchased transportation 20,000 16,259
Accrued equipment purchases 464 775
Deferred leasing revenue and related liabilities 21,135 31,872
Other accrued expenses 19,282 31,835
Current maturities of long-term debt 218 948
Current maturities of capital lease obligations 59,156 62,992
Total current liabilities 186,654 200,496
Long-term debt, net of current maturities 152,414 133,199
Capital lease obligations, net of current maturities $ 323,799 366,452
Other long term liabilities 953
Deferred income taxes $ 135,042 108,246
Stockholders' equity:    
Common stock, $0.033 par value, authorized 40,000 shares; issued and outstanding 28,719 and 28,342 shares at March 31, 2016 and June 30, 2015, respectively 948 935
Treasury stock at cost; 500 shares at March 31, 2016 and June 30, 2015 (3,453) (3,453)
Additional paid-in capital 197,885 195,682
Retained earnings 216,984 195,412
Accumulated other comprehensive loss (32,367) (22,233)
Total stockholders' equity 379,997 366,343
Total liabilities and stockholders' equity $ 1,177,906 $ 1,175,689