XML 24 R6.htm IDEA: XBRL DOCUMENT v3.22.0.1
Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2019
Operating activities      
Net income (loss) $ 11,141 $ 17,632 $ (3,043)
Adjustments to reconcile net income (loss) to net cash provided by operating activities:      
Impairments of assets held for sale and equity method investments and note receivable     6,793
Equity in loss of affiliated companies     270
Deferred income tax provision (benefit) (861) 4,470 714
Depreciation and amortization 82,975 90,116 90,484
(Gains) Losses on sale of equipment (999) 12,711 3,853
Share based compensation 6,244 4,395 3,846
Other 684 3,367 660
Unrealized gain on equity investment (7,677)    
Gain on sale of subsidiary     (831)
Changes in operating assets and liabilities, net of acquisitions:      
Receivables (38,556) (10,048) 7,149
Prepaid insurance and licenses 398 (2,939) (3,294)
Operating supplies (465) (900) 70
Other assets (20,578) (3,718) (7,790)
Accounts payable and other accrued liabilities 41,345 19,940 5,572
Accrued wages and benefits 4,916 15,863 (704)
Net cash provided by operating activities 78,567 150,889 103,749
Investing activities      
Payments for purchases of property and equipment (192,366) (186,122) (151,751)
Proceeds from sales of property and equipment 95,369 81,399 77,966
Other   (6,880) (2,000)
Sale of subsidiary, net of cash     (5,845)
Net cash used in investing activities (96,997) (111,603) (81,630)
Financing activities      
Borrowings under lines of credit 334,512 278,654 107,300
Payments under lines of credit (310,612) (278,654) (107,300)
Borrowings under long-term debt 124,721 263,992 106,341
Payments of long-term debt and finance leases (137,661) (301,059) (136,228)
Payments of financing costs (100) (1,391) (190)
Payments of long-term consideration for business acquisition   (1,000) (990)
Tax withholding related to net share settlement of restricted stock awards (1,237) (135) (44)
Proceeds from issuance of common stock under ESPP 1,284 851 349
Purchase of noncontrolling interest     (8,659)
Proceeds from long-term consideration for sale of subsidiary 617 587  
Book overdraft 7,096 (1,313) 1,313
Net cash provided by (used in) financing activities 18,620 (39,468) (38,108)
Cash included in assets held for sale     11,784
Net change in cash and cash equivalents 190 (182) (4,205)
Cash and cash equivalents.      
Beginning of year 5,505 5,687 9,892
End of period 5,695 5,505 5,687
Supplemental disclosure of cash flow information      
Cash paid during the year for interest 13,916 17,620 21,136
Cash paid during the year for income taxes 995 705 58
Supplemental disclosure of significant noncash investing and financing activities      
Subsidiary stock issued in business combination   7,278  
Finance lease additions 5,572   40
Debt obligations relieved in conjunction with the divesture of Xpress Internacional     7,109
Uncollected proceeds from asset sales 2,581 406 62
Property and equipment amounts accrued in accounts payable $ 1,656 $ 867 $ 3,552