Annual report pursuant to Section 13 and 15(d)

Balance Sheets

v3.20.4
Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2020
Dec. 30, 2019
Current assets:    
Cash and cash equivalents $ 401,430 $ 403,571
Short-term investments 330,274  
Customer receivables, less allowances of $8,979 and $8,866, respectively 444,653 397,579
Other receivables 9,569 10,586
Prepaid expenses and other current assets 57,413 55,098
Total current assets 1,243,339 866,834
Property and equipment:    
Revenue equipment 1,885,649 1,898,999
Land and structures 2,218,290 2,039,937
Other fixed assets 475,264 482,425
Leasehold improvements 12,226 11,709
Total property and equipment 4,591,429 4,433,070
Less: Accumulated depreciation (1,677,398) (1,464,235)
Net property and equipment 2,914,031 2,968,835
Other assets 212,040 159,899
Total assets 4,369,410 3,995,568
Current liabilities:    
Accounts payable 68,511 70,254
Compensation and benefits 191,303 192,524
Claims and insurance accruals 53,092 54,330
Other accrued liabilities 51,513 46,130
Income taxes payable 8,711 2,847
Total current liabilities 373,130 366,085
Long-term debt 99,931 45,000
Other non-current liabilities 349,851 241,802
Deferred income taxes 220,210 261,964
Total long-term liabilities 669,992 548,766
Total liabilities 1,043,122 914,851
Commitments and contingent liabilities
Shareholders’ equity    
Common stock - $0.10 par value, 280,000,000 shares authorized, 117,057,696 shares outstanding at December 31, 2020 and 140,000,000 shares authorized, 119,532,534 shares outstanding at December 31, 2019 11,706 11,953
Capital in excess of par value 226,451 218,462
Retained earnings 3,088,131 2,850,302
Total shareholders’ equity 3,326,288 3,080,717
Total liabilities and shareholders’ equity $ 4,369,410 $ 3,995,568