v3.25.1
Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Mar. 31, 2025
Dec. 31, 2024
Current Assets:    
Cash and cash equivalents $ 16,535 $ 19,473
Accounts receivable, net 351,106 322,991
Prepaid expenses 55,406 35,497
Income tax receivable 33,917 44,107
Other current assets 12,640 13,701
Total current assets 469,604 435,769
Property and Equipment, at cost 3,995,502 3,790,069
Less: accumulated depreciation and amortization 1,273,382 1,233,134
Net property and equipment 2,722,120 2,556,935
Operating Lease Right-of-Use Assets 124,500 126,828
Goodwill and Identifiable Intangibles, net 16,229 16,442
Other Noncurrent Assets 32,768 30,883
Total assets 3,365,221 3,166,857
Current Liabilities:    
Accounts payable 154,995 114,560
Wages, vacation and employees’ benefits 57,602 49,953
Claims and insurance accruals 45,529 43,126
Other current liabilities 37,878 38,036
Current portion of long-term debt 3,769 5,313
Current portion of operating lease liability 27,925 27,372
Total current liabilities 327,698 278,360
Other Liabilities:    
Long-term debt, less current portion 291,758 194,981
Operating lease liability, less current portion 94,532 96,798
Deferred income taxes 224,307 219,062
Claims, insurance and other 66,499 66,385
Total other liabilities 677,096 577,226
Commitments and Contingencies (Note 3)
Stockholders’ Equity:    
Preferred stock, $0.001 par value, 50,000 shares authorized, none issued and outstanding 0 0
Common stock, $0.001 par value, 100,000,000 shares authorized, 26,634,005 and 26,598,512 shares issued and outstanding at March 31, 2024 and December 31, 2024, respectively 27 27
Additional paid-in-capital 295,459 295,106
Deferred compensation trust, 72,410 and 70,100 shares of common stock at cost at Mach 31, 2024 and December 31, 2024, respectively (8,988) (7,981)
Retained earnings 2,073,929 2,024,119
Total stockholders’ equity 2,360,427 2,311,271
Total liabilities and stockholders’ equity $ 3,365,221 $ 3,166,857