v3.22.2
Condensed Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2022
Dec. 31, 2021
Current assets:    
Cash and cash equivalents $ 196,134 $ 462,564
Short-term investments 224,391 254,433
Customer receivables, less allowances of $11,855 and $9,855, respectively 680,096 567,474
Income taxes receivable 8,606 19,218
Other receivables 12,665 12,410
Prepaid expenses and other current assets 87,198 67,688
Total current assets 1,209,090 1,383,787
Property and equipment:    
Revenue equipment 2,248,493 2,146,205
Land and structures 2,618,098 2,463,949
Other fixed assets 543,806 512,340
Leasehold improvements 13,486 13,131
Total property and equipment 5,423,883 5,135,625
Accumulated depreciation (2,045,151) (1,919,939)
Net property and equipment 3,378,732 3,215,686
Other assets 206,045 222,071
Total assets 4,793,867 4,821,544
Current liabilities:    
Accounts payable 136,480 82,519
Compensation and benefits 264,070 257,905
Claims and insurance accruals 65,241 61,822
Other accrued liabilities 92,510 61,988
Income taxes payable 49,877  
Current maturities of long-term debt 20,000  
Total current liabilities 628,178 464,234
Long-term liabilities:    
Long-term debt 79,955 99,947
Other non-current liabilities 281,187 328,838
Deferred income taxes 248,718 248,718
Total long-term liabilities 609,860 677,503
Total liabilities 1,238,038 1,141,737
Commitments and contingent liabilities
Shareholders' equity:    
Common stock - $0.10 par value, 280,000,000 shares authorized, 112,236,107 and 115,011,172 shares outstanding at June 30, 2022 and December 31, 2021, respectively 11,224 11,501
Capital in excess of par value 236,991 174,445
Retained earnings 3,307,614 3,493,861
Total shareholders’ equity 3,555,829 3,679,807
Total liabilities and shareholders’ equity $ 4,793,867 $ 4,821,544

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