Quarterly report pursuant to Section 13 or 15(d)

Condensed Balance Sheets

v3.7.0.1
Condensed Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2017
Dec. 31, 2016
Current assets:    
Cash and cash equivalents $ 33,833 $ 10,171
Customer receivables, less allowances of $8,443 and $8,346, respectively 363,807 320,087
Other receivables 6,393 14,402
Prepaid expenses and other current assets 40,579 37,962
Total current assets 444,612 382,622
Property and equipment:    
Revenue equipment 1,573,352 1,496,697
Land and structures 1,445,188 1,377,106
Other fixed assets 419,188 402,482
Leasehold improvements 8,617 8,699
Total property and equipment 3,446,345 3,284,984
Accumulated depreciation (1,125,102) (1,043,582)
Net property and equipment 2,321,243 2,241,402
Goodwill 19,463 19,463
Other assets 54,880 52,760
Total assets 2,840,198 2,696,247
Current liabilities:    
Accounts payable 54,234 89,216
Compensation and benefits 145,760 129,170
Claims and insurance accruals 47,897 47,417
Other accrued liabilities 25,841 22,833
Income taxes payable 20,678 0
Current maturities of long-term debt 50,000 0
Total current liabilities 344,410 288,636
Long-term liabilities:    
Long-term debt 45,000 104,975
Other non-current liabilities 185,198 178,879
Deferred income taxes 272,599 272,599
Total long-term liabilities 502,797 556,453
Total liabilities 847,207 845,089
Commitments and Contingencies
Shareholders' equity:    
Common stock - $0.10 par value, 140,000,000 shares authorized, 82,387,823 and 82,416,657 shares outstanding at June 30, 2017 and December 31, 2016, respectively 8,239 8,242
Capital in excess of par value 136,707 135,466
Retained earnings 1,848,045 1,707,450
Total shareholders' equity 1,992,991 1,851,158
Total liabilities and shareholders' equity $ 2,840,198 $ 2,696,247