v3.22.1
Condensed Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2022
Dec. 31, 2021
Current assets:    
Cash and cash equivalents $ 262,122 $ 462,564
Short-term investments 279,183 254,433
Customer receivables, less allowances of $12,118 and $9,855, respectively 669,042 567,474
Income taxes receivable   19,218
Other receivables 12,347 12,410
Prepaid expenses and other current assets 58,263 67,688
Total current assets 1,280,957 1,383,787
Property and equipment:    
Revenue equipment 2,156,600 2,146,205
Land and structures 2,508,592 2,463,949
Other fixed assets 530,304 512,340
Leasehold improvements 13,486 13,131
Total property and equipment 5,208,982 5,135,625
Accumulated depreciation (1,983,674) (1,919,939)
Net property and equipment 3,225,308 3,215,686
Other assets 216,385 222,071
Total assets 4,722,650 4,821,544
Current liabilities:    
Accounts payable 117,850 82,519
Compensation and benefits 223,096 257,905
Claims and insurance accruals 63,229 61,822
Other accrued liabilities 91,135 61,988
Income taxes payable 83,286  
Total current liabilities 578,596 464,234
Long-term liabilities:    
Long-term debt 99,951 99,947
Other non-current liabilities 292,078 328,838
Deferred income taxes 248,718 248,718
Total long-term liabilities 640,747 677,503
Total liabilities 1,219,343 1,141,737
Commitments and contingent liabilities
Shareholders’ equity:    
Common stock - $0.10 par value, 280,000,000 shares authorized, 113,761,155 and 115,011,172 shares outstanding at March 31, 2022 and December 31, 2021, respectively 11,376 11,501
Capital in excess of par value 133,172 174,445
Retained earnings 3,358,759 3,493,861
Total shareholders’ equity 3,503,307 3,679,807
Total liabilities and shareholders’ equity $ 4,722,650 $ 4,821,544

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