Quarterly report pursuant to Section 13 or 15(d)

Condensed Balance Sheets

v3.8.0.1
Condensed Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2018
Dec. 31, 2017
Current assets:    
Cash and cash equivalents $ 159,937 $ 127,462
Customer receivables, less allowances of $9,743 and $9,465, respectively 412,932 394,169
Other receivables 5,542 21,612
Prepaid expenses and other current assets 37,039 41,410
Total current assets 615,450 584,653
Property and equipment:    
Revenue equipment 1,634,854 1,591,036
Land and structures 1,588,132 1,548,079
Other fixed assets 441,957 432,146
Leasehold improvements 8,705 8,668
Total property and equipment 3,673,648 3,579,929
Accumulated depreciation (1,222,814) (1,175,470)
Net property and equipment 2,450,834 2,404,459
Goodwill 19,463 19,463
Other assets 58,257 59,849
Total assets 3,144,004 3,068,424
Current liabilities:    
Accounts payable 78,498 73,729
Compensation and benefits 157,818 152,566
Claims and insurance accruals 51,792 49,949
Other accrued liabilities 25,872 24,805
Income taxes payable 31,305 0
Current maturities of long-term debt 0 50,000
Total current liabilities 345,285 351,049
Long-term liabilities:    
Long-term debt 45,000 45,000
Other non-current liabilities 215,614 205,561
Deferred income taxes 179,354 189,960
Total long-term liabilities 439,968 440,521
Total liabilities 785,253 791,570
Commitments and Contingencies
Shareholders' equity:    
Common stock - $0.10 par value, 140,000,000 shares authorized, 82,284,180 and 82,375,945 shares outstanding at March 31, 2018 and December 31, 2017, respectively 8,229 8,238
Capital in excess of par value 138,921 138,359
Retained earnings 2,211,601 2,130,257
Total shareholders' equity 2,358,751 2,276,854
Total liabilities and shareholders' equity $ 3,144,004 $ 3,068,424