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Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 29, 2019
Dec. 29, 2018
Current Assets    
Cash and cash equivalents $ 250,212 $ 199,736
Short-term investments 35,138 40,058
Trade accounts receivable, less allowance of $6,744 and $6,413 594,122 691,604
Other receivables, including advances to independent contractors, less allowance of $7,729 and $6,216 27,212 23,744
Other current assets 32,619 16,287
Total current assets 939,303 971,429
Operating property, less accumulated depreciation and amortization of $264,910 and $250,153 269,246 284,032
Goodwill 38,407 38,232
Other assets 101,737 86,871
Total assets 1,348,693 1,380,564
Current Liabilities    
Cash overdraft 43,620 55,339
Accounts payable 285,569 314,134
Current maturities of long-term debt 39,194 43,561
Insurance claims 41,254 40,176
Accrued compensation 11,372 29,489
Contractor escrow 25,530 25,202
Other current liabilities 27,711 27,917
Total current liabilities 474,250 535,818
Long-term debt, excluding current maturities 65,573 84,864
Insurance claims 31,016 30,429
Deferred income taxes and other noncurrent liabilities 49,554 40,320
Equity    
Landstar System, Inc. and subsidiary shareholders' equity Common stock, $0.01 par value, authorized 160,000,000 shares, issued 68,064,877 and 67,870,962 shares 681 679
Additional paid-in capital 224,550 226,852
Retained earnings 1,952,439 1,841,279
Cost of 28,435,182 and 27,755,001 shares of common stock in treasury (1,446,425) (1,376,111)
Accumulated other comprehensive loss (2,945) (5,875)
Total Landstar System, Inc. and subsidiary shareholders' equity 728,300 686,824
Noncontrolling interest   2,309
Total equity 728,300 689,133
Total liabilities and equity $ 1,348,693 $ 1,380,564