XML 16 R2.htm IDEA: XBRL DOCUMENT v3.19.1
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2019
Dec. 31, 2018
CURRENT ASSETS    
Cash and cash equivalents $ 138,399 $ 190,186
Short-term investments 116,225 106,806
Accounts receivable, less allowances (2019 – $6,655; 2018 – $7,380) 294,853 297,051
Other accounts receivable, less allowances (2019 – $456; 2018 – $806) 16,925 19,146
Prepaid expenses 31,064 25,304
Prepaid and refundable income taxes 4,610 1,726
Other 4,466 9,007
TOTAL CURRENT ASSETS 606,542 649,226
PROPERTY, PLANT AND EQUIPMENT    
Land and structures 340,764 339,640
Revenue equipment 856,370 858,251
Service, office, and other equipment 206,959 199,230
Software 142,062 138,517
Leasehold improvements 9,766 9,365
TOTAL PROPERTY, PLANT AND EQUIPMENT, GROSS 1,555,921 1,545,003
Less allowances for depreciation and amortization 932,945 913,815
PROPERTY, PLANT AND EQUIPMENT, net 622,976 631,188
GOODWILL 108,320 108,320
INTANGIBLE ASSETS, net 67,820 68,949
OPERATING RIGHT OF USE ASSETS 68,737  
DEFERRED INCOME TAXES 6,905 7,468
OTHER LONG-TERM ASSETS 78,357 74,080
TOTAL ASSETS 1,559,657 1,539,231
CURRENT LIABILITIES    
Accounts payable 145,590 143,785
Income taxes payable 241 1,688
Accrued expenses 211,533 243,111
Current portion of long-term debt 48,809 54,075
Current portion of operating lease liabilities 17,678  
Current portion of pension and postretirement liabilities 7,984 8,659
TOTAL CURRENT LIABILITIES 431,835 451,318
LONG-TERM DEBT, less current portion 227,649 237,600
OPERATING LEASE LIABILITIES, less current portion 54,444  
PENSION AND POSTRETIREMENT LIABILITIES, less current portion 31,695 31,504
OTHER LONG-TERM LIABILITIES 36,406 44,686
DEFERRED INCOME TAXES 55,873 56,441
STOCKHOLDERS' EQUITY    
Common stock, $0.01 par value, authorized 70,000,000 shares; issued 2019: 28,685,313 shares, 2018: 28,684,779 shares 287 287
Additional paid-in capital 327,762 325,712
Retained earnings 504,225 501,389
Treasury stock, at cost, 2019: 3,172,019 shares; 2018: 3,097,634 shares (98,131) (95,468)
Accumulated other comprehensive loss (12,388) (14,238)
TOTAL STOCKHOLDERS' EQUITY 721,755 717,682
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY $ 1,559,657 $ 1,539,231