v3.19.1
Condensed Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2019
Dec. 31, 2018
Current assets:    
Cash and cash equivalents $ 280,627 $ 190,282
Customer receivables, less allowances of $10,215 and $9,913, respectively 447,242 427,569
Other receivables 8,091 40,691
Prepaid expenses and other current assets 47,918 47,687
Total current assets 783,878 706,229
Property and equipment:    
Revenue equipment 1,835,518 1,811,233
Land and structures 1,829,360 1,796,868
Other fixed assets 463,326 454,432
Leasehold improvements 10,873 10,619
Total property and equipment 4,139,077 4,073,152
Accumulated depreciation (1,377,220) (1,318,209)
Net property and equipment 2,761,857 2,754,943
Goodwill 19,463 19,463
Other assets 138,844 64,648
Total assets 3,704,042 3,545,283
Current liabilities:    
Accounts payable 79,397 78,518
Compensation and benefits 174,346 198,456
Claims and insurance accruals 50,570 53,263
Other accrued liabilities 53,842 26,495
Total current liabilities 358,155 356,732
Long-term liabilities:    
Long-term debt 45,000 45,000
Other non-current liabilities 282,847 215,399
Deferred income taxes 247,669 247,669
Total long-term liabilities 575,516 508,068
Total liabilities 933,671 864,800
Commitments and contingent liabilities
Shareholders’ equity:    
Common stock - $0.10 par value, 140,000,000 shares authorized, 81,071,908 and 81,231,131 shares outstanding at March 31, 2019 and December 31, 2018, respectively 8,107 8,123
Capital in excess of par value 143,123 142,176
Retained earnings 2,619,141 2,530,184
Total shareholders’ equity 2,770,371 2,680,483
Total liabilities and shareholders’ equity $ 3,704,042 $ 3,545,283

Source