XML 20 R2.htm IDEA: XBRL DOCUMENT v2.4.0.6
Consolidated Condensed Balance Sheets (Unaudited) (USD $)
In Thousands, unless otherwise specified
Jun. 30, 2012
Dec. 31, 2011
Current assets:    
Cash and cash equivalents $ 5,249 $ 20,821
Receivables:    
Trade, net 64,114 59,385
Other 5,399 3,430
Prepaid expenses and other 14,033 15,426
Deferred income taxes 2,508 2,738
Total current assets 91,303 101,800
Property and equipment:    
Revenue equipment, buildings and land, office equipment and other 547,812 523,974
Accumulated depreciation (145,245) (155,774)
Net property and equipment 402,567 368,200
Other assets 597 579
TOTAL ASSETS 494,467 470,579
Current liabilities:    
Accounts payable and accrued liabilities 41,463 33,343
Insurance and claims accruals 12,414 13,042
Total current liabilities 53,877 46,385
Deferred income taxes 106,216 103,835
Total liabilities 160,093 150,220
Marten Transport, Ltd. stockholders’ equity:    
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; 22,071,249 shares at June 30, 2012, and 21,984,597 shares at December 31, 2011, issued and outstanding 221 220
Additional paid-in capital 81,834 80,078
Retained earnings 249,909 237,872
Total Marten Transport, Ltd. stockholders’ equity 331,964 318,170
Noncontrolling interest 2,410 2,189
Total stockholders’ equity 334,374 320,359
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY $ 494,467 $ 470,579