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Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2024
Dec. 31, 2023
CURRENT ASSETS    
Cash and cash equivalents $ 23,823 $ 28,123
Trade receivables, net of $2.8 and $2.7 million allowance in 2024 and 2023, respectively 107,932 102,740
Prepaid tires 9,417 10,650
Other current assets 13,842 17,602
Income tax receivable 5,128 10,157
Total current assets 160,142 169,272
PROPERTY AND EQUIPMENT    
Land and land improvements 118,690 118,682
Buildings 149,788 149,780
Furniture and fixtures 6,835 6,835
Shop and service equipment 20,815 20,822
Revenue equipment 1,016,102 1,021,208
Construction in progress 4,161 2,582
Property and equipment, gross 1,316,391 1,319,909
Less accumulated depreciation 474,940 434,558
Property and equipment, net 841,451 885,351
Goodwill 322,597 322,597
OTHER INTANGIBLES, NET 97,283 98,537
OTHER ASSETS 15,467 14,953
Deferred Income Taxes, Net 1,401 1,494
OPERATING LEASE RIGHT OF USE ASSETS 14,144 17,442
Assets 1,452,485 1,509,646
CURRENT LIABILITIES    
Accounts payable and accrued liabilities 35,704 37,777
Compensation and benefits 29,739 28,492
Insurance accruals 24,153 21,507
Long-term debt and finance lease liabilities - current portion 8,986 9,303
Operating lease liabilities - current portion 7,740 9,259
Other accruals 21,146 17,138
Total current liabilities 127,468 123,476
LONG-TERM LIABILITIES    
Income taxes payable 6,238 6,270
Long-term debt and finance lease liabilities less current portion 254,616 290,696
Operating lease liabilities less current portion 6,404 8,183
Deferred income taxes, net 179,850 189,121
Insurance accruals 29,119 26,640
Total long-term liabilities 476,227 520,910
COMMITMENTS AND CONTINGENCIES (Note 14)
STOCKHOLDERS' EQUITY    
Preferred stock, par value $.01; authorized 5,000 shares; none issued 0 0
Capital stock, common, $.01 par value; authorized 395,000 shares; issued 90,689 in 2024 and 2023; outstanding 79,051 and 79,039 in 2024 and 2023, respectively 907 907
Additional paid-in capital 4,518 4,527
Retained earnings 1,043,404 1,060,094
Treasury stock, at cost; 11,638 and 11,650 shares in 2024 and 2023, respectively (200,039) (200,268)
Stockholders' Equity 848,790 865,260
Liabilities and Stockholders' Equity $ 1,452,485 $ 1,509,646