Annual report pursuant to Section 13 and 15(d)

Balance Sheets

v2.4.1.9
Balance Sheets (USD $)
In Thousands, unless otherwise specified
Dec. 31, 2014
Dec. 31, 2013
Assets, Current [Abstract]    
Cash and cash equivalents $ 34,787us-gaap_CashAndCashEquivalentsAtCarryingValue $ 30,174us-gaap_CashAndCashEquivalentsAtCarryingValue
Customer receivables, less allowances of $9,069 and $8,067, respectively 303,170us-gaap_AccountsReceivableNetCurrent 248,069us-gaap_AccountsReceivableNetCurrent
Other receivables 44,730us-gaap_OtherReceivablesNetCurrent 10,225us-gaap_OtherReceivablesNetCurrent
Prepaid expenses and other current assets 21,085us-gaap_PrepaidExpenseCurrent 21,262us-gaap_PrepaidExpenseCurrent
Deferred income taxes 29,371us-gaap_DeferredTaxAssetsNetCurrent 23,249us-gaap_DeferredTaxAssetsNetCurrent
Total current assets 433,143us-gaap_AssetsCurrent 332,979us-gaap_AssetsCurrent
Property and equipment    
Revenue equipment 1,158,108us-gaap_MachineryAndEquipmentGross 1,009,936us-gaap_MachineryAndEquipmentGross
Land and structures 1,088,372odfl_BuildingsLandAndImprovementsGross 990,256odfl_BuildingsLandAndImprovementsGross
Other fixed assets 321,310odfl_FixedAssetsOther 266,563odfl_FixedAssetsOther
Leasehold improvements 6,982us-gaap_LeaseholdImprovementsGross 6,378us-gaap_LeaseholdImprovementsGross
Total property and equipment 2,574,772us-gaap_PropertyPlantAndEquipmentGross 2,273,133us-gaap_PropertyPlantAndEquipmentGross
Less: Accumulated depreciation (831,527)us-gaap_AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment (730,074)us-gaap_AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
Net property and equipment 1,743,245us-gaap_PropertyPlantAndEquipmentNet 1,543,059us-gaap_PropertyPlantAndEquipmentNet
Goodwill 19,463us-gaap_Goodwill 19,463us-gaap_Goodwill
Other assets 40,386us-gaap_OtherAssetsNoncurrent 36,588us-gaap_OtherAssetsNoncurrent
Total assets 2,236,237us-gaap_Assets 1,932,089us-gaap_Assets
Liabilities, Current [Abstract]    
Accounts Payable, Current 45,314us-gaap_AccountsPayableCurrent 36,788us-gaap_AccountsPayableCurrent
Compensation and benefits 106,200us-gaap_EmployeeRelatedLiabilitiesCurrent 97,187us-gaap_EmployeeRelatedLiabilitiesCurrent
Claims and insurance accruals 42,271us-gaap_SelfInsuranceReserveCurrent 38,784us-gaap_SelfInsuranceReserveCurrent
Other accrued liabilities 26,139odfl_AccruedExpensesAndOtherCurrentLiabilities 21,480odfl_AccruedExpensesAndOtherCurrentLiabilities
Income taxes payable 0us-gaap_DeferredTaxLiabilitiesCurrent 2,168us-gaap_DeferredTaxLiabilitiesCurrent
Current maturities of long-term debt 35,714us-gaap_LongTermDebtAndCapitalLeaseObligationsCurrent 35,715us-gaap_LongTermDebtAndCapitalLeaseObligationsCurrent
Total current liabilities 255,638us-gaap_LiabilitiesCurrent 232,122us-gaap_LiabilitiesCurrent
Long-term debt 120,000us-gaap_LongTermDebtAndCapitalLeaseObligations 155,714us-gaap_LongTermDebtAndCapitalLeaseObligations
Other non-current liabilities 145,752us-gaap_OtherLiabilitiesNoncurrent 123,054us-gaap_OtherLiabilitiesNoncurrent
Deferred income taxes 220,783us-gaap_DeferredTaxLiabilitiesNoncurrent 189,117us-gaap_DeferredTaxLiabilitiesNoncurrent
Total long-term liabilities 486,535us-gaap_LiabilitiesNoncurrent 467,885us-gaap_LiabilitiesNoncurrent
Total liabilities 742,173us-gaap_Liabilities 700,007us-gaap_Liabilities
Shareholders equity    
Common stock - $0.10 par value, 140,000,000 shares authorized, 86,094,297 and 86,164,917 shares outstanding at December 31, 2014 and 2013, respectively 8,609us-gaap_CommonStockValueOutstanding 8,616us-gaap_CommonStockValueOutstanding
Capital in excess of par value 134,401us-gaap_AdditionalPaidInCapitalCommonStock 134,401us-gaap_AdditionalPaidInCapitalCommonStock
Retained earnings 1,351,054us-gaap_RetainedEarningsAccumulatedDeficit 1,089,065us-gaap_RetainedEarningsAccumulatedDeficit
Total shareholders' equity 1,494,064us-gaap_StockholdersEquity 1,232,082us-gaap_StockholdersEquity
Total liabilities and shareholders' equity $ 2,236,237us-gaap_LiabilitiesAndStockholdersEquity $ 1,932,089us-gaap_LiabilitiesAndStockholdersEquity