v3.26.1
Note 13 - Acquisition of Assets of Brokerage Business Operating as Star Logistics Solutions (Tables)
6 Months Ended
Jun. 30, 2026
Star Transportation Inc [Member]  
Notes Tables  
Business Combination, Recognized Asset Acquired and Liability Assumed [Table Text Block]
  

October 10, 2025

 

Accounts receivable

 $10,316 

Driver advances and other receivables

  707 

Inventory and supplies

  16 

Prepaid expenses

  428 

Other short-term assets

  250 

Net property and equipment

  2,169 

Other intangibles, net

  15,050 

Total identifiable assets acquired

  28,936 
     

Accounts payable

  (10,004)

Accrued expenses

  (2,235)

Current maturities of long-term debt

  (240)

Current portion of operating lease obligations

  (584)

Current portion of insurance and claims accrual

  (258)

Long-term portion of operating lease obligations

  (560)

Total liabilities assumed

  (13,881)

Net identifiable assets acquired

  15,055 

Goodwill

  12,157 

Net assets acquired

 $27,212 
Business Combination, Pro Forma Information [Table Text Block]

(in thousands)

                
  

Three months ended

  

Six months ended

 
  

June 30, 2026

  

June 30, 2025

  

June 30, 2026

  

June 30, 2025

 

Total revenue

 $332,873  $330,594  $640,034  $632,387 

Net income

 $8,535  $9,079  $12,955  $16,044 

Basic net income per share

 $0.34  $0.35  $0.52  $0.61 

Diluted net income per share

 $0.32  $0.33  $0.49  $0.58 
Star Logistics Solutions [Member]  
Notes Tables  
Business Combination [Table Text Block]
  

October 10, 2025

 

(in thousands)

    

Cash paid pursuant to Asset Purchase Agreement

 $27,053 

Contingent consideration

  159 

Net purchase price

 $27,212