v3.20.2
Condensed Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2020
Dec. 31, 2019
Current assets:    
Cash and cash equivalents $ 518,624 $ 403,571
Customer receivables, less allowances of $9,033 and $8,866, respectively 387,260 397,579
Other receivables 8,525 10,586
Prepaid expenses and other current assets 54,161 55,098
Total current assets 968,570 866,834
Property and equipment:    
Revenue equipment 1,902,486 1,898,999
Land and structures 2,126,400 2,039,937
Other fixed assets 491,902 482,425
Leasehold improvements 12,103 11,709
Total property and equipment 4,532,891 4,433,070
Accumulated depreciation (1,577,808) (1,464,235)
Net property and equipment 2,955,083 2,968,835
Goodwill 19,463 19,463
Other assets 136,912 140,436
Total assets 4,080,028 3,995,568
Current liabilities:    
Accounts payable 51,257 70,254
Compensation and benefits 190,678 192,524
Claims and insurance accruals 52,469 54,330
Other accrued liabilities 51,464 46,130
Income taxes payable 103,306 2,847
Current maturities of long-term debt 45,000  
Total current liabilities 494,174 366,085
Long-term liabilities:    
Long-term debt 99,923 45,000
Other non-current liabilities 254,899 241,802
Deferred income taxes 248,564 261,964
Total long-term liabilities 603,386 548,766
Total liabilities 1,097,560 914,851
Commitments and contingent liabilities
Shareholders’ equity:    
Common stock - $0.10 par value, 280,000,000 shares authorized, 117,335,353 shares outstanding at June 30, 2020 and 140,000,000 shares authorized, 119,532,534 shares outstanding at December 31, 2019 11,734 11,953
Capital in excess of par value 181,895 218,462
Retained earnings 2,788,839 2,850,302
Total shareholders’ equity 2,982,468 3,080,717
Total liabilities and shareholders’ equity $ 4,080,028 $ 3,995,568

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