v3.26.1
Condensed Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
Mar. 31, 2026
Dec. 31, 2025
Current assets:    
Cash and cash equivalents $ 40,525,000 $ 35,234,000
Accounts receivable-net:    
Trade, less current estimated credit loss of $6,723 and $8,415, respectively 79,802,000 66,882,000
Other 7,113,000 6,757,000
Inventories 2,561,000 2,332,000
Prepaid expenses and deposits 8,591,000 9,807,000
Marketable equity securities 40,756,000 48,488,000
Income taxes refundable 1,643,000 1,732,000
Total current assets 180,991,000 171,232,000
Property and equipment:    
Land 26,176,000 30,064,000
Structures and improvements 52,188,000 58,458,000
Revenue equipment 664,908,000 687,291,000
Office furniture and equipment 16,724,000 16,578,000
Total property and equipment 759,996,000 792,391,000
Accumulated depreciation (269,633,000) (275,554,000)
Net property and equipment 490,363,000 516,837,000
Other assets 9,671,000 9,843,000
TOTAL ASSETS 681,025,000 697,912,000
Current liabilities:    
Accounts payable 27,981,000 32,752,000
Accrued expenses and other liabilities 42,424,000 41,078,000
Current maturities of long-term debt 68,675,000 65,542,000
Total current liabilities 139,080,000 139,372,000
Long-term debt - less current portion 251,976,000 268,327,000
Deferred income taxes 73,686,000 73,689,000
Other long-term liabilities 5,857,000 6,040,000
Total liabilities 470,599,000 487,428,000
COMMITMENTS AND CONTINGENCIES (Note L)
STOCKHOLDERS' EQUITY    
Preferred stock, $.01 par value, 10,000,000 shares authorized; none issued 0 0
Common stock, $.01 par value, 100,000,000 shares authorized; 22,395,994 and 22,377,606 shares issued; 20,943,237 and 20,926,020 shares outstanding at March 31, 2026 and December 31, 2025, respectively 224,000 224,000
Additional paid-in capital 41,643,000 41,682,000
Treasury stock, at cost; 1,452,757 and 1,451,586 shares at March 31, 2026 and December 31, 2025, respectively (28,935,000) (28,924,000)
Retained earnings 197,494,000 197,502,000
Total stockholders’ equity 210,426,000 210,484,000
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY $ 681,025,000 $ 697,912,000