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Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2017
Dec. 31, 2016
Current Assets    
Cash and cash equivalents $ 249,741 $ 178,897
Short-term investments 45,687 66,560
Trade accounts receivable, less allowance of $6,163 and $5,161 546,826 463,102
Other receivables, including advances to independent contractors, less allowance of $6,306 and $5,523 18,704 18,567
Other current assets 16,925 10,281
Total current assets 877,883 737,407
Operating property, less accumulated depreciation and amortization of $210,018 and $190,374 261,465 272,843
Goodwill 39,914 31,134
Other assets 84,077 55,207
Total assets 1,263,339 1,096,591
Current Liabilities    
Cash overdraft 33,853 36,251
Accounts payable 269,389 219,409
Current maturities of long-term debt 40,610 45,047
Insurance claims 34,211 26,121
Other current liabilities 68,854 53,483
Total current liabilities 446,917 380,311
Long-term debt, excluding current maturities 76,792 93,257
Insurance claims 32,804 26,883
Deferred income taxes and other noncurrent liabilities 52,853 53,583
Equity    
Common stock, $0.01 par value, authorized 160,000,000 shares, issued 67,715,290 and 67,585,675 shares 677 676
Additional paid-in capital 205,396 199,414
Retained earnings 1,613,590 1,512,993
Cost of 25,749,493 and 25,747,541 shares of common stock in treasury (1,167,600) (1,167,437)
Accumulated other comprehensive loss (1,708) (3,089)
Total Landstar System, Inc. and subsidiary shareholders' equity 650,355 542,557
Noncontrolling interest 3,618  
Total equity 653,973 542,557
Total liabilities and equity $ 1,263,339 $ 1,096,591