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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Cash flows from operating activities:    
Net earnings $ 498,666 $ 318,768
Adjustments to reconcile net earnings to net cash provided by operating activities:    
Depreciation and amortization 306,334 276,916
Noncash lease expense 39,066 25,411
Share-based compensation 39,584 31,466
(Gain)/loss on sale of revenue equipment and other (20,667) 2,359
Deferred income taxes 65,189 36,945
Changes in operating assets and liabilities:    
Trade accounts receivable (262,943) (169,521)
Other assets 61,653 85,657
Trade accounts payable 83,856 49,273
Income taxes payable or receivable (13,915) (26,359)
Claims accruals 24,905 7,359
Accrued payroll and other accrued expenses (37,201) 30,474
Net cash provided by operating activities 784,527 668,748
Cash flows from investing activities:    
Additions to property and equipment (667,742) (306,727)
Net proceeds from sale of equipment 69,648 46,016
Business acquisition (86,939) 0
Changes in other assets 0 (88)
Net cash used in investing activities (685,033) (260,799)
Cash flows from financing activities:    
Proceeds from revolving lines of credit and other 0 1,011
Purchase of treasury stock (239,340) (86,580)
Stock repurchased for payroll taxes and other (8,188) (3,463)
Dividends paid (83,674) (61,301)
Net cash used in financing activities (331,202) (150,333)
Net change in cash and cash equivalents (231,708) 257,616
Cash and cash equivalents at beginning of period 355,549 313,302
Cash and cash equivalents at end of period 123,841 570,918
Supplemental disclosure of cash flow information:    
Interest 21,335 24,341
Income taxes 111,641 92,368
Noncash investing activities    
Accruals for equipment received $ 90,490 $ 50,606