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Consolidated Balance Sheets (USD $)
In Thousands, unless otherwise specified
Dec. 31, 2011
Dec. 31, 2010
Current assets    
Cash and cash equivalents $ 1,048 $ 1,203
Accounts receivable, net 43,450 41,921
Tires on equipment in use, net 5,968 5,982
Deferred income taxes 0 1,150
Equipment held for sale 3,437 0
Other current assets 7,868 6,575
Total current assets 61,771 56,831
Property and equipment, net 57,757 72,993
Deferred income taxes 1,009 0
Other assets 5,867 5,081
Total assets 126,404 134,905
Current liabilities    
Accounts payable 30,339 27,443
Insurance and claims accruals 10,667 8,697
Accrued payroll and deferred compensation 4,047 5,032
Accrued liabilities 1,251 709
Current maturities of notes payable and capital lease obligations 1,936 0
Deferred income taxes 690 0
Total current liabilities 48,930 41,881
Long-term debt 19,888 5,689
Long-term notes payable and capital lease obligations 8,901 0
Deferred income taxes 0 3,153
Insurance and claims accruals 5,783 5,373
Total liabilities 83,502 56,096
Shareholders' equity    
Common Stock, $1.50 par value per share; 75,000 shares authorized; 18,572 shares issued 27,858 27,858
Additional paid-in capital 427 1,353
Accumulated other comprehensive loss (67) 0
Retained earnings 21,572 58,242
Total common shareholders' equity 49,790 87,453
Treasury stock (980 and 1,146 shares), at cost (6,888) (8,644)
Total shareholders' equity 42,902 78,809
Total liabilities and shareholders' equity $ 126,404 $ 134,905