Quarterly report pursuant to Section 13 or 15(d)

Condensed Balance Sheets

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Condensed Balance Sheets (USD $)
In Thousands, unless otherwise specified
Jun. 30, 2012
Dec. 31, 2011
Current assets:    
Cash and cash equivalents $ 11,015 $ 75,850
Customer receivables, less allowances of $9,433 and $9,173, respectively 241,433 213,481
Other receivables 2,573 4,441
Prepaid expenses 25,369 18,614
Deferred income taxes 20,768 19,466
Total current assets 301,158 331,852
Property and equipment:    
Revenue equipment 894,399 789,984
Land and structures 803,647 738,359
Other fixed assets 224,824 214,816
Leasehold improvements 5,918 5,773
Total property and equipment 1,928,788 1,748,932
Accumulated depreciation (646,279) (621,982)
Net property and equipment 1,282,509 1,126,950
Goodwill 19,463 19,463
Other assets 36,514 34,809
Total assets 1,639,644 1,513,074
Current liabilities:    
Accounts payable 62,540 42,096
Compensation and benefits 75,364 66,740
Claims and insurance accruals 39,804 35,934
Other accrued liabilities 26,950 20,686
Current maturities of long-term debt 39,796 39,354
Total current liabilities 244,454 204,810
Long-term liabilities:    
Long-term debt 228,147 229,831
Other non-current liabilities 97,717 86,998
Deferred income taxes 133,880 134,916
Total long-term liabilities 459,744 451,745
Commitments and contingent liabilities 0 0
Total liabilities 704,198 656,555
Shareholders' equity:    
Common stock - $0.10 par value, 140,000,000 shares authorized, 57,443,324 shares outstanding at June 30, 2012 and 70,000,000 shares authorized, 57,443,324 shares outstanding at December 31, 2011 5,744 5,744
Capital in excess of par value 137,275 137,275
Retained earnings 792,427 713,500
Total shareholders' equity 935,446 856,519
Total liabilities and shareholders' equity $ 1,639,644 $ 1,513,074