Quarterly report pursuant to Section 13 or 15(d)

Condensed Balance Sheets

v3.8.0.1
Condensed Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2017
Dec. 31, 2016
Current assets:    
Cash and cash equivalents $ 78,091 $ 10,171
Customer receivables, less allowances of $9,315 and $8,346, respectively 391,858 320,087
Other receivables 7,529 14,402
Prepaid expenses and other current assets 35,617 37,962
Total current assets 513,095 382,622
Property and equipment:    
Revenue equipment 1,612,380 1,496,697
Land and structures 1,481,738 1,377,106
Other fixed assets 427,271 402,482
Leasehold improvements 8,654 8,699
Total property and equipment 3,530,043 3,284,984
Accumulated depreciation (1,162,640) (1,043,582)
Net property and equipment 2,367,403 2,241,402
Goodwill 19,463 19,463
Other assets 56,209 52,760
Total assets 2,956,170 2,696,247
Current liabilities:    
Accounts payable 59,702 89,216
Compensation and benefits 151,406 129,170
Claims and insurance accruals 48,089 47,417
Other accrued liabilities 26,745 22,833
Income taxes payable 19,707 0
Current maturities of long-term debt 50,000 0
Total current liabilities 355,649 288,636
Long-term liabilities:    
Long-term debt 45,000 104,975
Other non-current liabilities 194,091 178,879
Deferred income taxes 274,414 272,599
Total long-term liabilities 513,505 556,453
Total liabilities 869,154 845,089
Commitments and Contingencies
Shareholders' equity:    
Common stock - $0.10 par value, 140,000,000 shares authorized, 82,375,945 and 82,416,657 shares outstanding at September 30, 2017 and December 31, 2016, respectively 8,238 8,242
Capital in excess of par value 137,533 135,466
Retained earnings 1,941,245 1,707,450
Total shareholders' equity 2,087,016 1,851,158
Total liabilities and shareholders' equity $ 2,956,170 $ 2,696,247