Note 8 - Commitments and Contingencies |
9 Months Ended | ||
|---|---|---|---|
Sep. 30, 2026 | |||
| Notes to Financial Statements | |||
| Commitments and Contingencies Disclosure [Text Block] |
As a result of state use tax audits, we have been assessed amounts owed that we are vigorously appealing. We have recorded a liability for the estimated probable exposure under these audits and await resolution of the matter.
We purchase insurance coverage for a portion of expenses related to vehicular collisions and accidents. These policies include a level of self-insurance (deductible) coverage applicable to each claim as well as certain coverage-layer-specific, aggregate reimbursement limits of covered excess claims. Our claims from time to time exceed some of these existing aggregate reimbursement limits and can trigger additional premium provisions. Accordingly, we have recorded a liability for the estimated probable exposure from these occurrences.
We are involved in certain other claims and pending litigation arising from the normal conduct of business. Based on present knowledge of the facts and, in certain cases, opinions of outside counsel, we believe the resolution of these claims and pending litigation will not have a material adverse effect on our financial condition, results of operations or liquidity.
|