v3.26.1
Condensed Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2026
Dec. 31, 2025
Current assets:    
Cash and cash equivalents $ 288,082 $ 120,091
Customer receivables, less allowances of $9,007 and $7,924, respectively 542,208 471,947
Other receivables 24,297 22,392
Prepaid expenses and other current assets 71,661 80,403
Total current assets 926,248 694,833
Property and equipment:    
Revenue equipment 2,683,339 2,678,446
Land and structures 3,549,041 3,523,364
Other fixed assets 664,050 664,015
Leasehold improvements 15,621 15,654
Total property and equipment 6,912,051 6,881,479
Less: Accumulated depreciation (2,444,668) (2,377,275)
Net property and equipment 4,467,383 4,504,204
Other assets 263,317 271,123
Total assets 5,656,948 5,470,160
Current liabilities:    
Accounts payable 94,006 62,696
Compensation and benefits 240,987 239,122
Claims and insurance accruals 79,225 78,864
Other accrued liabilities 68,060 70,078
Income taxes payable 89,446 13,146
Current maturities of long-term debt 20,000 20,000
Total current liabilities 591,724 483,906
Long-term liabilities:    
Long-term debt 19,996 19,995
Other non-current liabilities 274,823 284,519
Deferred income taxes 370,683 370,683
Total long-term liabilities 665,502 675,197
Total liabilities 1,257,226 1,159,103
Commitments and contingent liabilities
Shareholders' equity:    
Common stock - $0.10 par value, 560,000,000 shares authorized, 208,146,920 and 208,556,788 shares outstanding at March 31, 2026 and December 31, 2025, respectively 20,815 20,856
Capital in excess of par value 234,342 234,597
Retained earnings 4,144,565 4,055,604
Total shareholders’ equity 4,399,722 4,311,057
Total liabilities and shareholders’ equity $ 5,656,948 $ 5,470,160