Annual report pursuant to Section 13 and 15(d)

Condensed Consolidated Balance Sheets

v2.4.0.6
Condensed Consolidated Balance Sheets (USD $)
In Thousands, unless otherwise specified
Dec. 31, 2012
Dec. 31, 2011
Current assets:    
Cash and cash equivalents $ 112,182 $ 58,801
Accounts receivable, less allowance of $1,444 in 2012 and $1,503 in 2011 75,262 70,922
Inventories 901 881
Prepaid expenses and other current assets 8,769 7,102
Deferred income taxes 1,282 2,011
Total current assets 198,396 139,717
Property and equipment:    
Land 16,928 16,928
Buildings 65,727 65,457
Equipment 149,571 134,275
Leasehold improvements 5,973 5,778
Construction in progress 939 697
Total property and equipment 239,138 223,135
Less accumulated depreciation and amortization 105,581 93,267
Net property and equipment 133,557 129,868
Goodwill and other acquired intangibles:    
Goodwill 43,332 43,332
Other acquired intangibles, net of accumulated amortization of $26,028 in 2012 and $21,462 in 2011 22,102 26,668
Total net goodwill and other acquired intangibles 65,434 70,000
Other assets 1,800 1,566
Total assets 399,187 341,151
Current liabilities:    
Accounts payable 11,168 12,392
Accrued payroll and related items 5,623 7,739
Insurance and claims accruals 5,475 4,806
Payables to owner-operators 3,978 3,197
Collections on behalf of customers 457 473
Other accrued expenses 943 385
Income taxes payable 0 4,386
Current portion of capital lease obligations 276 552
Total current liabilities 27,920 33,930
Capital lease obligations, less current portion 58 333
Other long-term liabilities 7,098 8,860
Deferred income taxes 12,440 11,126
Commitments and contingencies (Note 7)      
Shareholders' equity:    
Preferred stock $0.01 par value; Authorized shares - 5,000,000; no shares issued 0 0
Common stock, $0.01 par value: Authorized shares - 50,000,000, issued and outstanding shares - 29,194,761 in 2012 and 28,553,286 in 2011 292 285
Additional paid-in capital 64,644 42,212
Retained earnings 286,735 244,405
Total shareholders' equity 351,671 286,902
Total liabilities and shareholders' equity $ 399,187 $ 341,151