XML 15 R2.htm IDEA: XBRL DOCUMENT v2.4.0.6
Consolidated Condensed Balance Sheets (Unaudited) (USD $)
In Thousands, unless otherwise specified
Mar. 31, 2012
Dec. 31, 2011
Current assets:    
Cash and cash equivalents $ 25,638 $ 20,821
Receivables:    
Trade, net 58,632 59,385
Other 4,876 3,430
Prepaid expenses and other 14,276 15,426
Deferred income taxes 2,600 2,738
Total current assets 106,022 101,800
Revenue equipment, buildings and land, office equipment and other 531,594 523,974
Accumulated depreciation (147,309) (155,774)
Net property and equipment 384,285 368,200
Other assets 588 579
TOTAL ASSETS 490,895 470,579
Current liabilities:    
Accounts payable and accrued liabilities 44,810 33,343
Insurance and claims accruals 14,006 13,042
Total current liabilities 58,816 46,385
Deferred income taxes 105,597 103,835
Total liabilities 164,413 150,220
Preferred stock, $.01 par value per share; 2,000,000 shares authorized; no shares issued and outstanding      
Common stock, $.01 par value per share; 48,000,000 shares authorized; 22,057,795 shares at March 31, 2012, and 21,984,597 shares at December 31, 2011, issued and outstanding 221 220
Additional paid-in capital 81,138 80,078
Retained earnings 242,877 237,872
Total Marten Transport, Ltd. stockholders’ equity 324,236 318,170
Noncontrolling interest 2,246 2,189
Total stockholders’ equity 326,482 320,359
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY $ 490,895 $ 470,579