Quarterly report pursuant to Section 13 or 15(d)

Condensed Balance Sheets

 v2.3.0.11
Condensed Balance Sheets (USD $)
In Thousands
6 Months Ended 12 Months Ended
Jun. 30, 2011
Dec. 31, 2010
Current assets:    
Cash and cash equivalents $ 28,664 $ 5,450
Customer receivables, less allowances of $8,903 and $8,475, respectively 212,535 172,989
Other receivables 10,363 7,711
Prepaid expenses 21,312 17,766
Deferred income taxes 23,262 18,666
Total current assets 296,136 222,582
Property and equipment:    
Revenue equipment 758,953 701,648
Land and structures 696,497 667,917
Other fixed assets 192,507 170,533
Leasehold improvements 4,535 4,421
Total property and equipment 1,652,492 1,544,519
Accumulated depreciation (592,790) (580,303)
Net property and equipment 1,059,702 964,216
Goodwill 19,463 19,463
Other assets 34,203 33,620
Total assets 1,409,504 1,239,881
Current liabilities:    
Accounts payable 41,157 29,221
Compensation and benefits 76,934 51,355
Claims and insurance accruals 35,789 33,927
Other accrued liabilities 20,404 18,413
Current maturities of long-term debt 38,099 37,130
Total current liabilities 212,383 170,046
Long-term liabilities:    
Long-term debt 227,143 234,087
Other non-current liabilities 81,483 76,331
Deferred income taxes 110,490 90,768
Total long-term liabilities 419,116 401,186
Commitments and contingent liabilities 0 0
Total liabilities 631,499 571,232
Shareholders' equity:    
Common stock - $0.10 par value, 70,000,000 shares authorized, 57,443,324 shares outstanding at June 30, 2011 and 55,926,945 outstanding at December 31, 2010 5,744 5,593
Capital in excess of par value 137,275 89,026
Retained earnings 634,986 574,030
Total shareholders' equity 778,005 668,649
Total liabilities and shareholders' equity $ 1,409,504 $ 1,239,881