v3.26.3
Note 13 - Acquisition of Assets of Brokerage Business Operating as Star Logistics Solutions (Tables)
9 Months Ended
Sep. 30, 2026
Star Transportation Inc [Member]  
Notes Tables  
Business Combination, Recognized Asset Acquired and Liability Assumed [Table Text Block]
  

October 10, 2025

 

Accounts receivable

 $9,903 

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

  28,523 
     

Accounts payable

  (10,004)

Accrued expenses

  (2,288)

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

  (13,934)

Net identifiable assets acquired

  14,589 

Goodwill

  12,623 

Net assets acquired

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

(in thousands)

                
  

Three months ended

  

Nine months ended

 
  

September 30, 2026

  

September 30, 2025

  

September 30, 2026

  

September 30, 2025

 

Total revenue

 $353,894  $328,023  $993,928  $960,410 

Net income

 $10,704  $10,187  $23,659  $25,779 

Basic net income per share

 $0.42  $0.41  $0.94  $1.00 

Diluted net income per share

 $0.40  $0.39  $0.89  $0.95 
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