XML 12 R2.htm IDEA: XBRL DOCUMENT v3.24.2.u1
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2024
Dec. 31, 2023
CURRENT ASSETS    
Cash and cash equivalents $ 215,590 $ 262,226
Short-term investments 44,865 67,842
Accounts receivable, less allowances (2024 - $8,788; 2023 - $10,346) 429,511 430,122
Other accounts receivable, less allowances (2024 - $654; 2023 - $731) 11,846 52,124
Prepaid expenses 31,835 37,034
Prepaid and refundable income taxes 22,555 24,319
Other 11,011 11,116
TOTAL CURRENT ASSETS 767,213 884,783
PROPERTY, PLANT AND EQUIPMENT    
Land and structures 507,194 460,068
Revenue equipment 1,143,985 1,126,055
Service, office, and other equipment 326,633 319,466
Software 177,933 173,354
Leasehold improvements 27,675 24,429
TOTAL PROPERTY, PLANT AND EQUIPMENT, Gross 2,183,420 2,103,372
Less allowances for depreciation and amortization 1,212,381 1,188,548
PROPERTY, PLANT AND EQUIPMENT, net 971,039 914,824
GOODWILL 304,753 304,753
INTANGIBLE ASSETS, net 94,740 101,150
OPERATING RIGHT-OF-USE ASSETS 186,779 169,999
DEFERRED INCOME TAXES 9,974 8,140
OTHER LONG-TERM ASSETS 74,031 101,445
TOTAL ASSETS 2,408,529 2,485,094
CURRENT LIABILITIES    
Accounts payable 222,303 214,004
Income taxes payable   10,410
Accrued expenses 332,258 378,029
Current portion of long-term debt 58,615 66,948
Current portion of operating lease liabilities 32,674 32,172
TOTAL CURRENT LIABILITIES 645,850 701,563
LONG-TERM DEBT, less current portion 144,972 161,990
OPERATING LEASE LIABILITIES, less current portion 185,637 176,621
POSTRETIREMENT LIABILITIES, less current portion 13,264 13,319
CONTINGENT CONSIDERATION 104,070 92,900
OTHER LONG-TERM LIABILITIES 37,606 40,553
DEFERRED INCOME TAXES 45,592 55,785
STOCKHOLDERS' EQUITY    
Common stock, $0.01 par value, authorized 70,000,000 shares; issued 2024: 30,399,853 shares; 2023: 30,024,125 shares 304 300
Additional paid-in capital 324,645 340,961
Retained earnings 1,311,549 1,272,584
Treasury stock, at cost, 2024: 6,711,805 shares; 2023: 6,460,137 shares (407,433) (375,806)
Accumulated other comprehensive income 2,473 4,324
TOTAL STOCKHOLDERS' EQUITY 1,231,538 1,242,363
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY $ 2,408,529 $ 2,485,094