Note 12 - Acquisition of Lew Thompson & Son Trucking, Inc (Tables)

6 Months Ended

Jun. 30, 2023

Notes Tables

Schedule of Business Acquisitions, by Acquisition [Table Text Block]

	February 9, 2022
(in thousands)
Cash paid pursuant to Stock Purchase Agreement	$	40,347
Cash acquired included in historical book value of AAT's assets and liabilities		(1,846	)
Contingent consideration		16,210
Net purchase price	$	54,711

Lew Thompson & Son Trucking, Inc. [Member]

Notes Tables

Business Acquisition, Pro Forma Information [Table Text Block]

(in thousands)	Three months ended		Six months ended
	June 30, 2023		June 30, 2023
Total revenue	$	10,809	$	10,809
Net income	$	1,878	$	1,878

Lew Thompson & Son Trucking, Inc. [Member]

Notes Tables

Schedule of Business Acquisitions, by Acquisition [Table Text Block]

	April 26, 2023
(in thousands)
Cash paid pursuant to Stock Purchase Agreement	$	100,726
Cash acquired included in historical book value of LTST's assets and liabilities		(839	)
Contingent consideration		10,016
Net purchase price	$	109,903

Schedule of Recognized Identified Assets Acquired and Liabilities Assumed [Table Text Block]

	April 26, 2023
Accounts receivable	$	5,135
Driver advances and other receivables		794
Inventory and supplies		1,015
Prepaid expenses		561
Net property and equipment		43,121
Other assets, net		120
Other intangibles, net		52,870
Total identifiable assets acquired		103,616
Accounts payable		(565	)
Accrued expenses		(1,322	)
Current portion of operating lease obligations		(396	)
Current portion of insurance and claims accrual		(56	)
Long-term portion of operating lease obligations		(2,103	)
Total liabilities assumed		(4,442	)
Net identifiable assets acquired		99,174
Goodwill		10,729
Net assets acquired	$	109,903

Business Acquisition, Pro Forma Information [Table Text Block]

(in thousands)	Three months ended				Six months ended
	June 30,				June 30,
	2023		2022		2023		2022
Total revenue	$	279,421	$	333,441	$	562,485	$	641,090
Net income	$	12,976	$	26,430	$	31,659	$	50,500
Basic net income per share	$	1.00	$	1.70	$	2.41	$	3.14
Diluted net income per share	$	0.96	$	1.68	$	2.30	$	3.09