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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2019
Dec. 31, 2018
Current assets:    
Cash and cash equivalents $ 35,000 $ 7,600
Trade accounts receivable, net 1,011,829 1,051,698
Other receivables, net 230,331 274,511
Inventories 21,106 21,977
Prepaid expenses 183,033 147,195
Total current assets 1,481,299 1,502,981
Property and equipment, at cost:    
Revenue and service equipment 4,837,747 4,716,860
Land 58,692 49,486
Structures and improvements 302,184 238,202
Furniture and office equipment 442,183 324,695
Total property and equipment 5,640,806 5,329,243
Less accumulated depreciation 2,019,940 1,884,132
Net property and equipment 3,620,866 3,445,111
Goodwill 96,326 40,087
Other intangible assets, net 106,506 65,070
Other assets 165,857 38,398
Total assets 5,470,854 5,091,647
Current liabilities:    
Current portion of long-term debt 0 250,706
Trade accounts payable 602,601 709,736
Claims accruals 279,590 275,139
Accrued payroll 68,220 80,922
Other accrued expenses 85,355 35,845
Total current liabilities 1,035,766 1,352,348
Long-term debt 1,295,740 898,398
Other long-term liabilities 173,241 96,056
Deferred income taxes 699,078 643,461
Total liabilities 3,203,825 2,990,263
Commitments and contingencies (Note 10)
Stockholders’ equity:    
Preferred stock, $100 par value. 10 million shares authorized; none outstanding 0 0
Common stock, $.01 par value. 1 billion shares authorized; (167,099,432 shares issued at December 31, 2019 and 2018, of which 106,212,908 and 108,710,825 shares were outstanding at December 31, 2019 and 2018, respectively) 1,671 1,671
Additional paid-in capital 374,049 340,457
Retained earnings 4,592,938 4,188,435
Treasury stock, at cost (60,886,524 shares at December 31, 2019, and 58,388,607 shares at December 31, 2018) (2,701,629) (2,429,179)
Total stockholders’ equity 2,267,029 2,101,384
Total liabilities and stockholders' equity $ 5,470,854 $ 5,091,647