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Consolidated Condensed Balance Sheets (unaudited) (USD $)
In Thousands, unless otherwise specified
Mar. 31, 2012
Dec. 31, 2011
Current assets    
Cash and cash equivalents $ 1,478 $ 1,048
Accounts receivable, net 40,422 43,450
Tires on equipment in use, net 5,780 5,968
Equipment held for sale 0 3,437
Other current assets 4,997 7,868
Total current assets 52,677 61,771
Property and equipment, net 53,759 57,757
Deferred income taxes 1,009 1,009
Other assets 6,023 5,867
Total assets 113,468 126,404
Current liabilities    
Accounts payable 20,564 30,339
Insurance and claims accruals 9,325 10,667
Accrued payroll and deferred compensation 4,195 4,047
Accrued liabilities 1,006 1,251
Current maturities of notes payable and capital lease obligations 1,993 1,936
Deferred income taxes 690 690
Total current liabilities 37,773 48,930
Borrowings under credit facility 24,241 19,888
Long-term notes payable and capital lease obligations 8,409 8,901
Insurance and claims accruals 5,715 5,783
Total liabilities 76,138 83,502
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 463 427
Accumulated other comprehensive loss (67) (67)
Retained earnings 15,923 21,572
Total common shareholders' equity 44,177 49,790
Treasury stock (972 and 980 shares), at cost (6,847) (6,888)
Total shareholders' equity 37,330 42,902
Total liabilities and shareholders' equity $ 113,468 $ 126,404