Pamt (PAMT) 10-Q 7 Nov 14 2014 Q3 Quarterly report Financial data

Document_And_Entity_Informatio

Document And Entity Information	9 Months Ended
	Sep. 30, 2014	Oct. 23, 2014
Document and Entity Information [Abstract]	'	'
Entity Registrant Name	'PAM TRANSPORTATION SERVICES INC	'
Document Type	'10-Q	'
Current Fiscal Year End Date	'--12-31	'
Entity Common Stock, Shares Outstanding	'	7,992,680
Amendment Flag	'false	'
Entity Central Index Key	'0000798287	'
Entity Current Reporting Status	'Yes	'
Entity Voluntary Filers	'No	'
Entity Filer Category	'Accelerated Filer	'
Entity Well-known Seasoned Issuer	'No	'
Document Period End Date	30-Sep-14	'
Document Fiscal Year Focus	'2014	'
Document Fiscal Period Focus	'Q3	'

Condensed_Consolidated_Balance

Condensed Consolidated Balance Sheets (Unaudited) (USD $)	Sep. 30, 2014	Dec. 31, 2013
Current assets:	'	'
Cash and cash equivalents	$2,482,000	$1,172,000
Accounts receivable-net:	'	'
Trade, less allowance of $1,661 and $1,477, respectively	61,356,000	58,484,000
Other	6,072,000	3,660,000
Inventories	1,401,000	1,498,000
Prepaid expenses and deposits	7,031,000	6,621,000
Marketable equity securities	22,880,000	20,975,000
Income taxes refundable	'	230,000
Total current assets	101,222,000	92,640,000
Property and equipment:	'	'
Land	4,924,000	4,924,000
Structures and improvements	16,148,000	16,001,000
Revenue equipment	295,826,000	321,862,000
Office furniture and equipment	9,073,000	7,684,000
Total property and equipment	325,971,000	350,471,000
Accumulated depreciation	-120,814,000	-116,246,000
Net property and equipment	205,157,000	234,225,000
Other assets	2,439,000	2,437,000
TOTAL ASSETS	308,818,000	329,302,000
Current liabilities:	'	'
Accounts payable	15,071,000	27,970,000
Accrued expenses and other liabilities	26,788,000	22,502,000
Current maturities of long-term debt	29,314,000	40,103,000
Income taxes payable	27,000	'
Deferred income taxes-current	2,973,000	2,651,000
Total current liabilities	74,173,000	93,226,000
Long-term debt-less current portion	51,508,000	70,366,000
Deferred income taxes-less current portion	56,068,000	49,764,000
Other long-term liabilities	187,000	'
Total liabilities	181,936,000	213,356,000
SHAREHOLDERS' EQUITY	'	'
Preferred stock, $.01 par value, 10,000,000 shares authorized; none issued	0	0
Common stock, $.01 par value, 40,000,000 shares authorized; 11,471,796 and 11,391,464 shares issued; 7,992,680 and 7,983,539 shares outstanding at September 30, 2014 and December 31, 2013, respectively	115,000	114,000
Additional paid-in capital	79,797,000	78,811,000
Accumulated other comprehensive income	6,812,000	6,160,000
Treasury stock, at cost; 3,479,116 and 3,407,925 shares at September 30, 2014 and December 31, 2013, respectively	-53,753,000	-51,691,000
Retained earnings	93,911,000	82,552,000
Total shareholders’ equity	126,882,000	115,946,000
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY	$308,818,000	$329,302,000

Condensed_Consolidated_Balance1

Condensed Consolidated Balance Sheets (Unaudited) (Parentheticals) (USD $)	Sep. 30, 2014	Dec. 31, 2013
In Thousands, except Share data, unless otherwise specified
Trade, allowance (in Dollars)	$1,661	$1,477
Preferred stock par value (in Dollars per share)	$0.01	$0.01
Preferred stock, shares authorized	10,000,000	10,000,000
Preferred stock, shares issued	0	0
Common stock, par value (in Dollars per share)	$0.01	$0.01
Common stock, shares authorized	40,000,000	40,000,000
Common stock, shares issued	11,471,796	11,391,464
Common stock, shares outstanding	7,992,680	7,983,539
Treasury stock, shares	3,479,116	3,407,925

Condensed_Consolidated_Stateme

Condensed Consolidated Statements of Operations (Unaudited) (USD $)	3 Months Ended		9 Months Ended
In Thousands, except Per Share data, unless otherwise specified	Sep. 30, 2014	Sep. 30, 2013	Sep. 30, 2014	Sep. 30, 2013
OPERATING REVENUES:	'	'	'	'
Revenue, before fuel surcharge	$82,158	$79,163	$237,660	$237,648
Fuel surcharge	24,901	22,715	71,563	68,619
Total operating revenues	107,059	101,878	309,223	306,267
OPERATING EXPENSES AND COSTS:	'	'	'	'
Salaries, wages and benefits	28,333	26,288	81,400	81,069
Fuel expense	22,205	23,500	70,428	74,702
Rent and purchased transportation	23,037	22,217	65,756	64,509
Depreciation	9,037	9,676	27,329	29,536
Operating supplies and expenses	8,403	8,780	24,752	26,441
Operating taxes and licenses	1,088	1,162	3,380	3,662
Insurance and claims	4,475	3,717	12,125	10,965
Communications and utilities	574	558	1,783	1,678
Other	2,083	1,764	5,799	5,090
Gain on disposition of equipment	-626	-468	-3,414	-823
Total operating expenses and costs	98,609	97,194	289,338	296,829
OPERATING INCOME	8,450	4,684	19,885	9,438
NON-OPERATING INCOME	594	130	1,125	702
INTEREST EXPENSE	-632	-846	-2,238	-2,540
INCOME BEFORE INCOME TAXES	8,412	3,968	18,772	7,600
FEDERAL AND STATE INCOME TAX EXPENSE:	'	'	'	'
Current	569	9	1,185	9
Deferred	2,786	1,566	6,228	2,972
Total federal and state income tax expense	3,355	1,575	7,413	2,981
NET INCOME	$5,057	$2,393	$11,359	$4,619
INCOME PER COMMON SHARE:	'	'	'	'
Basic (in Dollars per share)	$0.63	$0.28	$1.42	$0.53
Diluted (in Dollars per share)	$0.63	$0.28	$1.41	$0.53
AVERAGE COMMON SHARES OUTSTANDING:	'	'	'	'
Basic (in Shares)	7,993	8,654	7,990	8,667
Diluted (in Shares)	8,032	8,663	8,034	8,671

Condensed_Consolidated_Stateme1

Condensed Consolidated Statements of Comprehensive Income (Unaudited) (USD $)	3 Months Ended				9 Months Ended
In Thousands, unless otherwise specified	Sep. 30, 2014		Sep. 30, 2013		Sep. 30, 2014		Sep. 30, 2013
NET INCOME	$5,057		$2,393		$11,359		$4,619
Other comprehensive income, net of tax:	'		'		'		'
Reclassification adjustment for realized gains on marketable securities included in net income (1)	-121	[1]	'	[1]	-121	[1]	-4	[1]
Reclassification adjustment for unrealized losses on marketable securities included in net income, net of income taxes (2)	'	[2]	1	[2]	1	[2]	18	[2]
Changes in fair value of marketable securities (3)	-360	[3]	320	[3]	772	[3]	1,332	[3]
COMPREHENSIVE INCOME	$4,576		$2,714		$12,011		$5,965
[1]	Net of deferred income taxes of $(74), $0, $(74), and $(2), respectively.
[2]	Net of deferred income taxes of $0, $(1), $0, and $11, respectively.
[3]	Net of deferred income taxes of $(220), $195, $473, and $814, respectively.

Condensed_Consolidated_Stateme2

Condensed Consolidated Statements of Comprehensive Income (Unaudited) (Parentheticals) (USD $)	3 Months Ended		9 Months Ended
In Thousands, unless otherwise specified	Sep. 30, 2014	Sep. 30, 2013	Sep. 30, 2014	Sep. 30, 2013
Deferred income taxes	$2,786	$1,566	$6,228	$2,972
Realized Gains on Marketable Securities [Member]	'	'	'	'
Deferred income taxes	-74	0	-74	-2
Unrealized Losses on Marketable Securities [Member]	'	'	'	'
Deferred income taxes	0	-1	0	11
Changes in Fair Value of Marketable Securities [Member]	'	'	'	'
Deferred income taxes	($220)	$195	$473	$814

Condensed_Consolidated_Stateme3

Condensed Consolidated Statements of Cash Flows (Unaudited) (USD $)	9 Months Ended
In Thousands, unless otherwise specified	Sep. 30, 2014	Sep. 30, 2013
OPERATING ACTIVITIES:	'	'
Net income	$11,359	$4,619
Adjustments to reconcile net income to net cash provided by operating activities:	'	'
Depreciation	27,329	29,536
Bad debt expense	506	496
Sale leaseback deferred gain amortization	-149	'
Stock compensation-net of excess tax benefits	146	315
Provision for deferred income taxes	6,228	2,972
Reclassification of unrealized loss on marketable equity securities	1	29
Recognized gain on marketable equity securities	-364	-24
Gain on sale or disposal of equipment	-3,414	-823
Changes in operating assets and liabilities:	'	'
Accounts receivable	-3,515	-11,075
Prepaid expenses, deposits, inventories, and other assets	-315	4,159
Income taxes refundable	230	-16
Income taxes payable	27	'
Trade accounts payable	1,256	1,810
Accrued expenses and other liabilities	4,149	4,016
Net cash provided by operating activities	43,474	36,014
INVESTING ACTIVITIES:	'	'
Purchases of property and equipment	-22,901	-55,694
Proceeds from disposition of equipment	28,403	24,525
Change in restricted cash	-2,275	-3,650
Sales of marketable equity securities	439	13
Purchases of marketable equity securities, net of return of capital	-931	22
Net cash provided by (used in) investing activities	2,735	-34,784
FINANCING ACTIVITIES:	'	'
Borrowings under line of credit	365,015	315,222
Repayments under line of credit	-362,140	-320,639
Borrowings of long-term debt	19,299	30,802
Repayments of long-term debt	-51,821	-25,881
Borrowings under margin account	1,030	103
Repayments under margin account	-1,117	-626
Repurchases of common stock	-16,006	-470
Exercise of stock options	841	19
Net cash used in financing activities	-44,899	-1,470
NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS	1,310	-240
CASH AND CASH EQUIVALENTS-Beginning of period	1,172	507
CASH AND CASH EQUIVALENTS-End of period	2,482	267
Cash paid during the period for:	'	'
Interest	2,256	2,578
Income taxes	927	62
NONCASH INVESTING AND FINANCING ACTIVITIES-	'	'
Purchases of property and equipment included in accounts payable	$387	$422

Condensed_Consolidated_Stateme4

Condensed Consolidated Statements of Shareholders' Equity (Unaudited) (USD $)	Common Stock [Member]	Additional Paid-in Capital [Member]	Accumulated Other Comprehensive Income (Loss) [Member]	Treasury Stock [Member]	Retained Earnings [Member]	Total
Balance at January 1, 2014 at Dec. 31, 2013	$114,000	$78,811,000	$6,160,000	($51,691,000)	$82,552,000	$115,946,000
Balance at January 1, 2014 (in Shares) at Dec. 31, 2013	7,984,000	'	'	'	'	'
Net Income	'	'	'	'	11,359,000	11,359,000
Other comprehensive income, net of tax of $399	'	'	652,000	'	'	652,000
Exercise of stock options and stock awards-shares issued including tax benefits	1,000	840,000	'	'	'	841,000
Exercise of stock options and stock awards-shares issued including tax benefits (in Shares)	80,000	'	'	'	'	77,308
Treasury stock repurchases	'	'	'	-2,062,000	'	-2,062,000
Treasury stock repurchases (in Shares)	-71,000	'	'	'	'	-71,191
Share-based compensation	'	146,000	'	'	'	146,000
Balance at September 30, 2014 at Sep. 30, 2014	$115,000	$79,797,000	$6,812,000	($53,753,000)	$93,911,000	$126,882,000
Balance at September 30, 2014 (in Shares) at Sep. 30, 2014	7,993,000	'	'	'	'	'

Condensed_Consolidated_Stateme5

Condensed Consolidated Statements of Shareholders' Equity (Unaudited) (Parentheticals) (USD $)	9 Months Ended
In Thousands, unless otherwise specified	Sep. 30, 2014
Other comprehensive income, tax	$399

Note_A_Basis_of_Presentation

Note A - Basis of Presentation	9 Months Ended
	Sep. 30, 2014
Disclosure Text Block [Abstract]	'
Basis of Accounting [Text Block]	'
	NOTE A: BASIS OF PRESENTATION
	The accompanying unaudited condensed consolidated financial statements have been prepared in accordance with generally accepted accounting principles for interim financial information and with the instructions to Form 10-Q and Article 10 of Regulation S-X. Accordingly, they do not include all of the information and footnotes required by generally accepted accounting principles for complete financial statements. In management’s opinion, all adjustments (consisting of normal recurring adjustments) necessary for a fair presentation have been included. The consolidated balance sheet at December 31, 2013 has been derived from the audited financial statements at that date but does not include all of the information and footnotes required by generally accepted accounting principles for complete financial statements. Operating results for the nine-month period ended September 30, 2014 are not necessarily indicative of the results that may be expected for the year ending December 31, 2014. For further information, refer to the consolidated financial statements and the footnotes thereto included in the Company’s annual report on Form 10-K for the year ended December 31, 2013.

Note_B_Recent_Accounting_Prono

Note B - Recent Accounting Pronouncements	9 Months Ended
	Sep. 30, 2014
New Accounting Pronouncements and Changes in Accounting Principles [Abstract]	'
New Accounting Pronouncements and Changes in Accounting Principles [Text Block]	'
	NOTE B: RECENT ACCOUNTING PRONOUNCEMENTS
	In April 2014, the FASB issued ASU No. 2014-08 (“ASU 2014-08”), Reporting Discontinued Operations and Disclosures of Disposals of Components of an Entity. ASU 2014-08 changes the criteria for determining which disposals can be presented as discontinued operations and modifies the related disclosure requirements. Under the new guidance, a disposal of a component of an entity or a group of components of an entity is required to be reported in discontinued operations if the disposal represents a strategic shift that has (or will have) a major effect on an entity’s operations and financial results and is disposed of or classified as held for sale. The standard also introduces several new disclosures. The guidance applies prospectively to new disposals and new classifications of disposal groups as held for sale after the effective date. ASU 2014-08 is effective for annual and interim periods beginning after December 15, 2014, with early adoption permitted. The adoption of this guidance is not expected to have a significant impact on the Company’s financial condition, results of operations, or cash flows.
	In May 2014, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update No. 2014-09, (“ASU 2014-09”), Revenue from Contracts with Customers. The objective of ASU 2014-19 is to establish a single comprehensive model for entities to use in accounting for revenue arising from contracts with customers and will supersede most of the existing revenue recognition guidance, including industry-specific guidance. The core principle of ASU 2014-09 is that an entity recognizes revenue to depict the transfer of promised goods or services to customers in an amount that reflects the consideration to which the entity expects to be entitled in exchange for those goods or services. In applying the new guidance, an entity will (1) identify the contract(s) with a customer; (2) identify the performance obligations in the contract; (3) determine the transaction price; (4) allocate the transaction price to the contract’s performance obligations; and (5) recognize revenue when (or as) the entity satisfies a performance obligation. ASU 2014-09 applies to all contracts with customers except those that are within the scope of other topics in the FASB Accounting Standards Codification. The new guidance is effective for annual reporting periods (including interim periods within those periods) beginning after December 15, 2016 for public companies. Early adoption is not permitted. Entities have the option of using either a full retrospective or modified approach to adopt ASU 2014-09. The adoption of this guidance is not expected to have a significant impact on the Company’s financial condition, results of operations, or cash flows.

Note_C_Marketable_Equity_Secur

Note C - Marketable Equity Securities	9 Months Ended
	Sep. 30, 2014
Investments, Debt and Equity Securities [Abstract]	'
Investments in Debt and Marketable Equity Securities (and Certain Trading Assets) Disclosure [Text Block]	'
	NOTE C: MARKETABLE EQUITY SECURITIES
	The Company accounts for its marketable securities in accordance with ASC Topic 320, Investments-Debt and Equity Securities. ASC Topic 320 requires companies to classify their investments as trading, available-for-sale or held-to-maturity. The Company’s investments in marketable securities are classified as either trading or available-for-sale and consist of equity securities. Management determines the appropriate classification of these securities at the time of purchase and re-evaluates such designation as of each balance sheet date. The cost of securities sold is based on the specific identification method and interest and dividends on securities are included in non-operating income.
	Marketable equity securities classified as available-for-sale are carried at fair value, with the unrealized gains and losses, net of tax, included as a component of accumulated other comprehensive income in shareholders’ equity. Realized gains and losses, declines in value judged to be other-than-temporary on available-for-sale securities, and increases or decreases in value on trading securities, if any, are included in the determination of net income. A quarterly evaluation is performed in order to judge whether declines in value below cost should be considered temporary and when losses are deemed to be other-than-temporary. Several factors are considered in this evaluation process including the severity and duration of the decline in value, the financial condition and near-term outlook for the specific issuer and the Company’s ability to hold the securities.
	For the quarter ended September 30, 2014, the Company determined that an impairment charge was not necessary. For the quarter ended September 30, 2013, the evaluation resulted in an impairment charge of approximately $2,000 in the Company’s non-operating income in its statement of operations.
	For the nine-month period ended September 30, 2014, the evaluation resulted in an impairment charge of approximately $1,000 in the Company’s non-operating income in its statement of operations. For the nine-month period ended September 30, 2013, the evaluation resulted in an impairment charge of approximately $29,000 in the Company’s non-operating income in its statement of operations.
	The following table sets forth cost, market value and unrealized gain/(loss) on equity securities classified as available-for-sale and equity securities classified as trading as of September 30, 2014 and December 31, 2013.
		30-Sep-14		31-Dec-13
		(in thousands)
	Available-for-sale securities
	Fair market value	$	22,634	$	20,810
	Cost		11,653		10,881
	Unrealized gain	$	10,981	$	9,929
	Trading securities
	Fair market value	$	246	$	165
	Cost		157		157
	Unrealized gain	$	89	$	8
	Total
	Fair market value	$	22,880	$	20,975
	Cost		11,810		11,038
	Unrealized gain	$	11,070	$	9,937
	The following table sets forth the gross unrealized gains and losses on the Company’s marketable securities that are classified as available-for-sale as of September 30, 2014 and December 31, 2013.
		30-Sep-14		31-Dec-13
		(in thousands)
	Available-for-sale securities:
	Gross unrealized gains	$	11,018	$	9,946
	Gross unrealized losses		37		17
	Total unrealized gains	$	10,981	$	9,929
	As of September 30, 2014 and December 31, 2013, the total net unrealized gain, net of deferred income taxes, in accumulated other comprehensive income was approximately $6,812,000 and $6,160,000, respectively.
	For the nine months ended September 30, 2014, the Company had net unrealized gains in market value on securities classified as available-for-sale of approximately $636,000, net of deferred income taxes. For the year ended December 31, 2013, the Company had net unrealized gains in market value on securities classified as available-for-sale of approximately $1,897,000, net of deferred income taxes.
	As of September 30, 2014, the Company's marketable securities that were classified as trading had gross recognized gains of approximately $89,000 and no gross recognized losses. As of September 30, 2013, the Company's marketable securities that were classified as trading had gross recognized losses of approximately $9,000 and no gross recognized gains.
	The following table shows recognized gains (losses) in market value for securities classified as trading for the periods indicated.
		Three Months Ended					Nine Months Ended
		September 30,					September 30,
		2014		2013			2014		2013
		(in thousands)					(in thousands)
	Trading securities
	Recognized gain (loss) at beginning of period	$	57	$	(6	)	$	8	$	(26	)
	Recognized gain (loss) at end of period		89		(9	)		89		(9	)
	Net recognized gain for the period	$	32	$	(3	)	$	81	$	17
	Net recognized gain for the period, net of taxes	$	20	$	(2	)	$	50	$	10
	There were no reclassifications of marketable securities during the first nine months of 2014 or 2013.
	The following table shows the Company’s realized gains during the first nine months of 2014 and 2013 on certain securities which were held as available-for sale. The cost of securities sold is based on the specific identification method and interest and dividends on securities are included in non-operating income.
		Three Months Ended					Nine Months Ended
		September 30,					September 30,
		2014		2013			2014		2013
		(in thousands)					(in thousands)
	Realized gains
	Sale proceeds	$	439	$	-		$	439	$	13
	Cost of securities sold		156		-			156		6
	Realized gains	$	283	$	-		$	283	$	7
	Realized gains, net of taxes	$	171	$	-		$	171	$	4
	The following table shows the Company’s investments’ approximate gross unrealized losses and fair value of those securities in a loss position at September 30, 2014 and December 31, 2013. These investments consist of equity securities. As of September 30, 2014 and December 31, 2013 there were no investments that had been in a continuous unrealized loss position for twelve months or longer.
		30-Sep-14					31-Dec-13
		(in thousands)
		Fair		Unrealized			Fair		Unrealized
		Value		Losses			Value		Losses
	Equity securities – Available-for-sale	$	1,585	$	37		$	397	$	17
	Equity securities – Trading		-		-			-		-
	Totals	$	1,585	$	37		$	397	$	17
	The market value of the Company’s equity securities are periodically used as collateral against any outstanding margin account borrowings. As of September 30, 2014 and December 31, 2013, the Company had outstanding borrowings of approximately $9,930,000 and $10,017,000, respectively, under its margin account. Margin account borrowings are used for the purchase of marketable equity securities and as a source of short-term liquidity.

Note_D_Stock_Based_Compensatio

Note D - Stock Based Compensation	9 Months Ended
	Sep. 30, 2014
Disclosure Text Block Supplement [Abstract]	'
Compensation and Employee Benefit Plans [Text Block]	'
	NOTE D: STOCK BASED COMPENSATION
	The Company maintains a stock option plan under which incentive stock options and nonqualified stock options may be granted. On March 2, 2006, the Company’s Board of Director’s (the “Board”) adopted, and shareholders later approved, the 2006 Stock Option Plan (the “2006 Plan”). Under the 2006 Plan, 750,000 shares were reserved for the issuance of stock options to directors, officers, key employees, and others. The option exercise price under the 2006 Plan is the fair market value of the stock on the date the option is granted. The fair market value is determined by the closing price of the Company’s common stock, on its primary exchange, on the same date that the option is granted. On March 13, 2014, the Company’s Board of Directors adopted and on May 29, 2014, our shareholders approved, the 2014 Amended and Restated Stock Option and Incentive Plan (the “2014 Plan”) which replaced the 2006 Plan. The shares which remained reserved under the 2006 Plan were transferred to the 2014 Plan and are reserved for the issuance of stock awards to directors, officers, key employees, and others. Stock option exercise price under the 2014 Plan is the fair market value of the stock on the date the option is granted. The restricted stock purchase price under the 2014 Plan shall not be less than 85% of the fair market value of the Company’s common stock on the date the award is made. The fair market value is determined by the average of the highest and lowest sales prices for a share of the Company’s common stock, on its primary exchange, on the same date that the option or award is granted.
	Outstanding nonqualified stock options at September 30, 2014, must be exercised within either five or ten years from the date of grant.
	During the first nine months of 2014, 3,024 shares of common stock were granted to non-employee directors under the 2014 Plan. This stock award has a grant date fair value of $19.88 per share, based on the closing price of the Company’s stock on the date of grant and vests immediately.
	The total grant date fair value of stock and stock options vested during the first nine months of 2014 was approximately $148,000. Total pre-tax stock-based compensation expense, recognized in Salaries, wages and benefits during the third quarter of 2014 was approximately $30,000. Total pre-tax stock-based compensation expense, recognized in Salaries, wages and benefits during the first nine months of 2014 was approximately $146,000 and includes approximately $60,000 recognized as a result of the grant of 504 shares to each non-employee director during the first quarter of 2014. The recognition of stock-based compensation expense did not have a recognizable impact on diluted or basic earnings per share reported for the third quarter ended September 30, 2014 but did decrease diluted and basic earnings per common share by approximately $0.02 during the nine months ended September 30, 2014. As of September 30, 2014, the Company had stock-based compensation plans with total unvested stock-based compensation expense of approximately $260,000 which is being amortized on a straight-line basis over the remaining vesting period. As a result, the Company expects to recognize approximately $30,000 in additional compensation expense related to unvested option awards during the remainder of 2014 and to recognize approximately $116,000, $86,000, and $28,000 in additional compensation expense related to unvested option awards during the years 2015, 2016, and 2017, respectively.
	The total grant date fair value of options vested during the first nine months of 2013 was approximately $180,000. Total pre-tax stock-based compensation expense, recognized in Salaries, wages and benefits during the third quarter of 2013 was approximately $39,000. Total pre-tax stock-based compensation expense, recognized in Salaries, wages and benefits during the first nine months of 2013 was approximately $315,000 and includes approximately $180,000 recognized as a result of the increased annual grant of 5,000 shares to each non-employee director during the first nine months of 2013. The recognition of stock-based compensation expense did not have a recognizable impact on diluted or basic earnings per share reported for the third quarter ended September 30, 2013 but did decrease diluted and basic earnings per common share by approximately $0.02 and $0.03, respectively, during the nine months ended September 30, 2013.
	The weighted average grant date fair value of options granted during the first nine months of 2013 was $5.13 per share. There were no options granted during the first nine months of 2014.
	The fair value of the Company’s employee stock options was estimated at the date of grant using a Black-Scholes-Merton (“BSM”) option-pricing model using the following assumptions:
		Nine Months Ended
		30-Sep-13
	Dividend yield	0%
	Volatility	62.69%
	Risk-free rate	0.61%
	Expected life (years)	4.3
	Fair value of options	$5.13
	The Company does not anticipate paying any cash dividends in the foreseeable future. The estimated volatility is based on the historical volatility of our stock. The risk free rate for the periods within the expected life of the option is based on the U.S. Treasury yield curve in effect at the time of grant. The expected life of the options was calculated based on the historical exercise behavior.
	Information related to stock option activity for the nine months ended September 30, 2014 is as follows:
			Shares Under Options			Weighted-Average Exercise Price		Weighted- Average Remaining Contractual Term		Aggregate Intrinsic Value*
						(per share)		(in years)
	Outstanding-beginning of year			164,098		$	10.99
	Granted			-			-
	Exercised			(77,308	)		10.88
	Cancelled/forfeited/expired			(42	)		11.22
	Outstanding at September 30, 2014			86,748		$	11.09		5.5	$	2,182,370
	Exercisable at September 30, 2014			33,139		$	11.29		2.6	$	827,289
	___________________________
	* The intrinsic value of a stock option is the amount by which the market value of the underlying stock exceeds the exercise price of the option. The per share market value of our common stock, as determined by the closing price on September 30, 2014, was $36.25.
	A summary of the status of the Company’s nonvested options and restricted stock as of September 30, 2014 and changes during the nine months ended September 30, 2014, is presented below:
	Stock Options:
			Number of Options			Weighted- Average Grant Date Fair Value
	Nonvested at January 1, 2014			68,039		$	6.11
	Granted			-			-
	Canceled/forfeited/expired			(25	)		6.34
	Vested			(14,405	)		6.07
	Nonvested at September 30, 2014			53,609		$	6.12
	Restricted Stock:
			Number of Options			Weighted- Average Grant Date Fair Value
	Nonvested at January 1, 2014			9,500		$	18.17
	Granted			-			-
	Canceled/forfeited/expired			(9,500	)		18.17
	Vested			-			-
	Nonvested at September 30, 2014			-		$	-
	The number, weighted average exercise price and weighted average remaining contractual life of options outstanding as of September 30, 2014 and the number and weighted average exercise price of options exercisable as of September 30, 2014 are as follows:
	Exercise Price		Shares Under		Weighted-Average	Shares Under
			Outstanding Options		Remaining Contractual	Exercisable Options
					Term
					(in years)
	$10.44		15,000		3.4	15,000
	$10.90		6,000		2.7	6,000
	$10.90		41,400		7.7	-
	$11.22		12,348		6.2	139
	$11.54		4,000		2.4	4,000
	$11.75		4,000		1.4	4,000
	$14.32		4,000		0.4	4,000
			86,748		5.5	33,139
	Cash received from option exercises totaled approximately $841,000 and $19,000 during the nine months ended September 30, 2014 and September 30, 2013, respectively. The Company issues new shares upon option exercise.

Note_E_Segment_Information

Note E - Segment Information	9 Months Ended
	Sep. 30, 2014
Segment Reporting [Abstract]	'
Segment Reporting Disclosure [Text Block]	'
	NOTE E: SEGMENT INFORMATION
	The Company follows the guidance provided by ASC Topic 280, Segment Reporting, in its identification of operating segments. The Company has determined that it has a total of two operating segments whose primary operations can be characterized as either Truckload Services or Brokerage and Logistics Services; however, in accordance with the aggregation criteria provided by FASB ASC Topic 280, the Company has determined that the operations of the two operating segments can be aggregated into a single reporting segment, motor carrier operations. Truckload Services revenues and Brokerage and Logistics Services revenues, each before fuel surcharges, were as follows:
		Three Months Ended September 30,								Nine Months Ended September 30,
		2014				2013				2014				2013
		Amount		%		Amount		%		Amount		%		Amount		%
		(in thousands, except percentage data)
	Truckload Services revenue	$	76,036		92.5	$	73,857		93.3	$	220,860		92.9	$	219,471		92.4
	Brokerage and Logistics Services revenue		6,122		7.5		5,306		6.7		16,800		7.1		18,177		7.6
	Total revenues	$	82,158		100	$	79,163		100	$	237,660		100	$	237,648		100

Note_F_Treasury_Stock

Note F - Treasury Stock	9 Months Ended
	Sep. 30, 2014
Disclosure Text Block Supplement [Abstract]	'
Treasury Stock [Text Block]	'
	NOTE F: TREASURY STOCK
	The Company accounts for Treasury stock using the cost method and as of September 30, 2014, 3,479,116 shares were held in the treasury at an aggregate cost of approximately $53,753,000. During the nine months ended September 30, 2014, the Company repurchased 71,191 shares of its common stock at an aggregate cost of approximately $2,062,000.

Note_G_Accumulated_Other_Compr

Note G - Accumulated Other Comprehensive Income	9 Months Ended
	Sep. 30, 2014
Accumulated Other Comprehensive Income [Abstract]	'
Accumulated Other Comprehensive Income [Text Block]	'
	NOTE G: ACCUMULATED OTHER COMPREHENSIVE INCOME
	The following table summarizes the changes in accumulated balances of other comprehensive income for the three and nine months ended September 30, 2014:
		Unrealized gains
		and losses on
		available-for-sale
		securities
		(in thousands)
	Balance at June 30, 2014, net of tax of $4,463	$	7,293
	Other comprehensive loss before reclassifications, net of tax benefit of $220		(360	)
	Amounts reclassified from accumulated other comprehensive income, net of tax benefit of $74		(121	)
	Net current-period other comprehensive loss		(481	)
	Balance at September 30, 2014, net of tax of $4,169	$	6,812
	Balance at December 31, 2013, net of tax of $3,770	$	6,160
	Other comprehensive income before reclassifications, net of tax of $473		772
	Amounts reclassified from accumulated other comprehensive income, net of tax benefit of $74		(120	)
	Net current-period other comprehensive income		652
	Balance at September 30, 2014, net of tax of $4,169	$	6,812
	The following table provides details about reclassifications out of accumulated other comprehensive income for the nine months ended September 30, 2014:
		Amounts Reclassified from
		Accumulated
		Other Comprehensive
		Income (a)
	Details about Accumulated Other Comprehensive Income Component	Nine Months Ended		Statement of Operations Classification
		30-Sep-14
		(in thousands)
	Unrealized gains and losses on available-for-sale securities:
	Impairment expense	($1)		Non-operating income
	Total before tax	-1		Income before income taxes
	Tax benefit	-		Income tax expense
	Total after tax	($1)		Net income
	(a) Amounts in parentheses indicate debits to profit/loss

Note_H_Earnings_Per_Share

Note H - Earnings Per Share	9 Months Ended
	Sep. 30, 2014
Earnings Per Share [Abstract]	'
Earnings Per Share [Text Block]	'
	NOTE H: EARNINGS PER SHARE
	Basic earnings per share is computed based on the weighted average number of shares of common stock outstanding during the period. Diluted earnings per share is computed by adjusting the weighted average number of shares of common stock outstanding by common stock equivalents attributable to dilutive stock options. The computation of diluted earnings per share does not assume conversion, exercise, or contingent issuance of securities that would have an anti-dilutive effect on earnings per share. The computations of basic and diluted earnings per share were as follows:
		Three Months Ended				Nine Months Ended
		September 30,				September 30,
		2014		2013		2014		2013
		(in thousands, except per share data)
	Net income	$	5,057	$	2,393	$	11,359	$	4,619
	Basic weighted average common shares outstanding		7,993		8,654		7,990		8,667
	Dilutive effect of common stock equivalents		39		9		44		4
	Diluted weighted average common shares outstanding		8,032		8,663		8,034		8,671
	Basic earnings per share	$	0.63	$	0.28	$	1.42	$	0.53
	Diluted earnings per share	$	0.63	$	0.28	$	1.41	$	0.53
	Options to purchase 26,000 shares of common stock were outstanding at September 30, 2013 but were not included in the computation of diluted earnings per share because to do so would have an anti-dilutive effect.

Note_I_Income_Taxes

Note I - Income Taxes	9 Months Ended
	Sep. 30, 2014
Income Tax Disclosure [Abstract]	'
Income Tax Disclosure [Text Block]	'
	NOTE I: INCOME TAXES
	The Company and its subsidiaries are subject to U.S. and Canadian federal income tax laws as well as the income tax laws of multiple state jurisdictions. The major tax jurisdictions in which we operate generally provide for a deficiency assessment statute of limitation period of three years, and as a result, the Company’s tax years 2010 and forward remain open to examination in those jurisdictions.
	In determining whether a tax asset valuation allowance is necessary, management, in accordance with the provisions of ASC 740-10-30, weighs all available evidence, both positive and negative, to determine whether, based on the weight of that evidence, a valuation allowance is necessary. If negative conditions exist which indicate a valuation allowance might be necessary, consideration is then given to what effect the future reversals of existing taxable temporary differences and the availability of tax strategies might have on future taxable income to determine the amount, if any, of the required valuation allowance. As of September 30, 2014, management determined that the future reversals of existing taxable temporary differences and available tax strategies would generate sufficient future taxable income to realize its tax assets and therefore a valuation allowance was not necessary.
	The Company recognizes a tax benefit from an uncertain tax position only if it is more likely than not that the position will be sustained on examination by taxing authorities, based on the technical merits of the position. As of September 30, 2014, an adjustment to the Company’s consolidated financial statements for uncertain tax positions has not been required as management believes that the Company’s tax positions taken in income tax returns filed or to be filed are supported by clear and unambiguous income tax laws. The Company recognizes interest and penalties related to uncertain income tax positions, if any, in income tax expense. During the nine months ended September 30, 2014 and 2013, the Company has not recognized or accrued any interest or penalties related to uncertain income tax positions.

Note_J_Fair_Value_of_Financial

Note J - Fair Value of Financial Instruments	9 Months Ended
	Sep. 30, 2014
Fair Value Disclosures [Abstract]	'
Fair Value Disclosures [Text Block]	'
	NOTE J: FAIR VALUE OF FINANCIAL INSTRUMENTS
	Our financial instruments consist of cash and cash equivalents, marketable equity securities, accounts receivable, trade accounts payable, and borrowings.
	The Company follows the guidance for financial assets and liabilities measured on a recurring basis. This guidance defines fair value as the exchange price that would be received for an asset or paid to transfer a liability (an exit price) in the principal or most advantageous market for the asset or liability in an orderly transaction between market participants on the measurement date and also establishes a fair value hierarchy which requires an entity to maximize the use of observable inputs and minimize the use of unobservable inputs when measuring fair value. The standard describes three levels of inputs that may be used to measure fair value:
		Level 1:		Quoted market prices in active markets for identical assets or liabilities.
		Level 2:		Inputs other than Level 1 inputs that are either directly or indirectly observable such as quoted prices for similar assets or liabilities in active markets; quoted prices for identical or similar assets or liabilities in markets that are not active; inputs other than quoted prices that are observable; or other inputs not directly observable, but derived principally from, or corroborated by, observable market data.
		Level 3:		Unobservable inputs that are supported by little or no market activity.
	The Company utilizes the market approach to measure fair value for its financial assets and liabilities. The market approach uses prices and other relevant information generated by market transactions involving identical or comparable assets or liabilities.
	At September 30, 2014, the following items are measured at fair value on a recurring basis:
			Total		Level 1		Level 2		Level 3
			(in thousands)
	Marketable equity securities		$	22,880	$	22,880		-		-
	The Company’s investments in marketable securities are recorded at fair value based on quoted market prices. The carrying value of other financial instruments, including cash, accounts receivable, accounts payable, and accrued liabilities approximate fair value due to their short maturities.
	The carrying amount for the line of credit approximates fair value because the line of credit interest rate is adjusted frequently.
	For long-term debt other than the lines of credit, the fair values are estimated using discounted cash flow analyses, based on the Company’s current incremental borrowing rates for similar types of borrowing arrangements. The carrying value and estimated fair value of this other long-term debt at September 30, 2014 was as follows:
			Carrying		Estimated
			Value		Fair Value
			(in thousands)
	Long-term debt		$	77,947	$	78,195
	The Company has not elected the fair value option for any of its financial instruments.

Note_K_Notes_Payable_and_LongT

Note K - Notes Payable and Long-Term Debt	9 Months Ended
	Sep. 30, 2014
Disclosure Text Block [Abstract]	'
Long-term Debt [Text Block]	'
	NOTE K: NOTES PAYABLE AND LONG-TERM DEBT
	During the first nine months of 2014, the Company’s subsidiaries entered into installment obligations totaling approximately $19.3 million for the purpose of purchasing revenue equipment. These obligations are payable in 60 monthly installments at a weighted average interest rate of 2.34%.

Note_L_OffBalance_Sheet_Arrang

Note L - Off-Balance Sheet Arrangements	9 Months Ended
	Sep. 30, 2014
Leases [Abstract]	'
Leases of Lessee Disclosure [Text Block]	'
	NOTE L: OFF-BALANCE SHEETARRANGEMENTS
	During the first nine months of 2014, the Company’s subsidiaries entered into operating leases for the lease of 351 trucks. Revenue equipment held under operating leases is not carried on our balance sheet and the respective lease payments are reflected in our consolidated statement of operations as a component of the Rents and purchased transportation category. Rent expense related to revenue equipment under operating leases totaled $1,034,000 and $2,161,000 for the quarter ended and nine months September 30, 2014, respectively.
	Leases for revenue equipment under non-cancellable operating leases expire at various dates through 2017. Future minimum lease payments related to non-cancellable leases for revenue equipment at September 30, 2014 are:
		(in thousands)
	2014	$	1,824
	2015		7,712
	2016		7,161
	2017		3,587
	Total future minimum lease payments	$	20,284

Note_M_Litigation

Note M - Litigation	9 Months Ended
	Sep. 30, 2014
Disclosure Text Block Supplement [Abstract]	'
Legal Matters and Contingencies [Text Block]	'
	NOTE M: LITIGATION
	We are a defendant in a collective-action lawsuit which was filed on August 22, 2013, in the United States District Court for the Western District of Arkansas. The plaintiffs, who are current and former drivers and who worked for the Company during the period of August 22, 2010, through the date of the filing, allege claims for unpaid wages under the Fair Labor Standards Act and the Arkansas Minimum Wage Law. The complaint alleges that the Company failed to pay newly hired drivers minimum wage during orientation, training, and while traveling during normal business hours and that the Company failed to pay all drivers when working on assignment for more than 24 hours. The plaintiffs seek to enjoin the Company from continuing its current pay practices related to the allegations. They also seek actual damages, liquidated damages equal to actual damages, court costs, and legal fees. The lawsuit is currently in the discovery stage. We cannot reasonably estimate at this time the possible loss or range of loss, if any, that may arise from this lawsuit. Management has determined that any losses under this claim would not be covered by existing insurance policies.

Note_N_Subsequent_Events

Note N - Subsequent Events	9 Months Ended
	Sep. 30, 2014
Subsequent Events [Abstract]	'
Subsequent Events [Text Block]	'
	NOTE N: SUBSEQUENT EVENTS
	Management has evaluated subsequent events for recognition and disclosure through the date these financial statements were filed with the United States Securities and Exchange Commission and concluded that no subsequent events or transactions have occurred that require recognition or disclosure in our financial statements.

Note_C_Marketable_Equity_Secur1

Note C - Marketable Equity Securities (Tables)	9 Months Ended
	Sep. 30, 2014
Investments, Debt and Equity Securities [Abstract]	'
Marketable Securities [Table Text Block]	'
		30-Sep-14		31-Dec-13
		(in thousands)
	Available-for-sale securities
	Fair market value	$	22,634	$	20,810
	Cost		11,653		10,881
	Unrealized gain	$	10,981	$	9,929
	Trading securities
	Fair market value	$	246	$	165
	Cost		157		157
	Unrealized gain	$	89	$	8
	Total
	Fair market value	$	22,880	$	20,975
	Cost		11,810		11,038
	Unrealized gain	$	11,070	$	9,937
Unrealized Gain (Loss) on Investments [Table Text Block]	'
		30-Sep-14		31-Dec-13
		(in thousands)
	Available-for-sale securities:
	Gross unrealized gains	$	11,018	$	9,946
	Gross unrealized losses		37		17
	Total unrealized gains	$	10,981	$	9,929
Realized Gain (Loss) on Investments [Table Text Block]	'
		Three Months Ended					Nine Months Ended
		September 30,					September 30,
		2014		2013			2014		2013
		(in thousands)					(in thousands)
	Trading securities
	Recognized gain (loss) at beginning of period	$	57	$	(6	)	$	8	$	(26	)
	Recognized gain (loss) at end of period		89		(9	)		89		(9	)
	Net recognized gain for the period	$	32	$	(3	)	$	81	$	17
	Net recognized gain for the period, net of taxes	$	20	$	(2	)	$	50	$	10
Schedule of Realized Gain (Loss) [Table Text Block]	'
		Three Months Ended					Nine Months Ended
		September 30,					September 30,
		2014		2013			2014		2013
		(in thousands)					(in thousands)
	Realized gains
	Sale proceeds	$	439	$	-		$	439	$	13
	Cost of securities sold		156		-			156		6
	Realized gains	$	283	$	-		$	283	$	7
	Realized gains, net of taxes	$	171	$	-		$	171	$	4
Schedule of Unrealized Loss on Investments [Table Text Block]	'
		30-Sep-14					31-Dec-13
		(in thousands)
		Fair		Unrealized			Fair		Unrealized
		Value		Losses			Value		Losses
	Equity securities – Available-for-sale	$	1,585	$	37		$	397	$	17
	Equity securities – Trading		-		-			-		-
	Totals	$	1,585	$	37		$	397	$	17

Note_D_Stock_Based_Compensatio1

Note D - Stock Based Compensation (Tables)	9 Months Ended
	Sep. 30, 2014
Disclosure Text Block Supplement [Abstract]	'
Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions [Table Text Block]	'
		Nine Months Ended
		30-Sep-13
	Dividend yield	0%
	Volatility	62.69%
	Risk-free rate	0.61%
	Expected life (years)	4.3
	Fair value of options	$5.13
Schedule of Share-based Compensation, Activity [Table Text Block]	'
			Shares Under Options			Weighted-Average Exercise Price		Weighted- Average Remaining Contractual Term		Aggregate Intrinsic Value*
						(per share)		(in years)
	Outstanding-beginning of year			164,098		$	10.99
	Granted			-			-
	Exercised			(77,308	)		10.88
	Cancelled/forfeited/expired			(42	)		11.22
	Outstanding at September 30, 2014			86,748		$	11.09		5.5	$	2,182,370
	Exercisable at September 30, 2014			33,139		$	11.29		2.6	$	827,289
Schedule of Share-based Compensation, Restricted Stock and Restricted Stock Units Activity [Table Text Block]	'
			Number of Options			Weighted- Average Grant Date Fair Value
	Nonvested at January 1, 2014			68,039		$	6.11
	Granted			-			-
	Canceled/forfeited/expired			(25	)		6.34
	Vested			(14,405	)		6.07
	Nonvested at September 30, 2014			53,609		$	6.12
			Number of Options			Weighted- Average Grant Date Fair Value
	Nonvested at January 1, 2014			9,500		$	18.17
	Granted			-			-
	Canceled/forfeited/expired			(9,500	)		18.17
	Vested			-			-
	Nonvested at September 30, 2014			-		$	-
Schedule of Share-based Compensation, Shares Authorized under Stock Option Plans, by Exercise Price Range [Table Text Block]	'
	Exercise Price		Shares Under		Weighted-Average	Shares Under
			Outstanding Options		Remaining Contractual	Exercisable Options
					Term
					(in years)
	$10.44		15,000		3.4	15,000
	$10.90		6,000		2.7	6,000
	$10.90		41,400		7.7	-
	$11.22		12,348		6.2	139
	$11.54		4,000		2.4	4,000
	$11.75		4,000		1.4	4,000
	$14.32		4,000		0.4	4,000
			86,748		5.5	33,139

Note_E_Segment_Information_Tab

Note E - Segment Information (Tables)	9 Months Ended
	Sep. 30, 2014
Segment Reporting [Abstract]	'
Reconciliation of Revenue from Segments to Consolidated [Table Text Block]	'
		Three Months Ended September 30,								Nine Months Ended September 30,
		2014				2013				2014				2013
		Amount		%		Amount		%		Amount		%		Amount		%
		(in thousands, except percentage data)
	Truckload Services revenue	$	76,036		92.5	$	73,857		93.3	$	220,860		92.9	$	219,471		92.4
	Brokerage and Logistics Services revenue		6,122		7.5		5,306		6.7		16,800		7.1		18,177		7.6
	Total revenues	$	82,158		100	$	79,163		100	$	237,660		100	$	237,648		100

Note_G_Accumulated_Other_Compr1

Note G - Accumulated Other Comprehensive Income (Tables)	9 Months Ended
	Sep. 30, 2014
Accumulated Other Comprehensive Income [Abstract]	'
Schedule of Accumulated Other Comprehensive Income (Loss) [Table Text Block]	'
		Unrealized gains
		and losses on
		available-for-sale
		securities
		(in thousands)
	Balance at June 30, 2014, net of tax of $4,463	$	7,293
	Other comprehensive loss before reclassifications, net of tax benefit of $220		(360	)
	Amounts reclassified from accumulated other comprehensive income, net of tax benefit of $74		(121	)
	Net current-period other comprehensive loss		(481	)
	Balance at September 30, 2014, net of tax of $4,169	$	6,812
	Balance at December 31, 2013, net of tax of $3,770	$	6,160
	Other comprehensive income before reclassifications, net of tax of $473		772
	Amounts reclassified from accumulated other comprehensive income, net of tax benefit of $74		(120	)
	Net current-period other comprehensive income		652
	Balance at September 30, 2014, net of tax of $4,169	$	6,812
Reclassification out of Accumulated Other Comprehensive Income [Table Text Block]	'
		Amounts Reclassified from
		Accumulated
		Other Comprehensive
		Income (a)
	Details about Accumulated Other Comprehensive Income Component	Nine Months Ended		Statement of Operations Classification
		30-Sep-14
		(in thousands)
	Unrealized gains and losses on available-for-sale securities:
	Impairment expense	($1)		Non-operating income
	Total before tax	-1		Income before income taxes
	Tax benefit	-		Income tax expense
	Total after tax	($1)		Net income
	(a) Amounts in parentheses indicate debits to profit/loss

Note_H_Earnings_Per_Share_Tabl

Note H - Earnings Per Share (Tables)	9 Months Ended
	Sep. 30, 2014
Earnings Per Share [Abstract]	'
Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]	'
		Three Months Ended				Nine Months Ended
		September 30,				September 30,
		2014		2013		2014		2013
		(in thousands, except per share data)
	Net income	$	5,057	$	2,393	$	11,359	$	4,619
	Basic weighted average common shares outstanding		7,993		8,654		7,990		8,667
	Dilutive effect of common stock equivalents		39		9		44		4
	Diluted weighted average common shares outstanding		8,032		8,663		8,034		8,671
	Basic earnings per share	$	0.63	$	0.28	$	1.42	$	0.53
	Diluted earnings per share	$	0.63	$	0.28	$	1.41	$	0.53

Note_J_Fair_Value_of_Financial1

Note J - Fair Value of Financial Instruments (Tables)	9 Months Ended
	Sep. 30, 2014
Fair Value Disclosures [Abstract]	'
Fair Value, Assets Measured on Recurring Basis [Table Text Block]	'
		Total		Level 1		Level 2		Level 3
		(in thousands)
	Marketable equity securities	$	22,880	$	22,880		-		-
Fair Value, by Balance Sheet Grouping [Table Text Block]	'
		Carrying		Estimated
		Value		Fair Value
		(in thousands)
	Long-term debt	$	77,947	$	78,195

Note_L_OffBalance_Sheet_Arrang1

Note L - Off-Balance Sheet Arrangements (Tables)	9 Months Ended
	Sep. 30, 2014
Leases [Abstract]	'
Schedule of Future Minimum Rental Payments for Operating Leases [Table Text Block]	'
		(in thousands)
	2014	$	1,824
	2015		7,712
	2016		7,161
	2017		3,587
	Total future minimum lease payments	$	20,284

Note_C_Marketable_Equity_Secur2

Note C - Marketable Equity Securities (Details) (USD $)	3 Months Ended	9 Months Ended		12 Months Ended
	Sep. 30, 2013	Sep. 30, 2014	Sep. 30, 2013	Dec. 31, 2013	Jun. 30, 2014
Note C - Marketable Equity Securities (Details) [Line Items]	'	'	'	'	'
Other than Temporary Impairment Losses, Investments, Available-for-sale Securities	$2,000	$1,000	$29,000	'	'
Accumulated Other Comprehensive Income (Loss), Net of Tax	'	6,812,000	'	6,160,000	7,293,000
Available For Sale Securities Net Unrealized Holding Gain Loss Net Of Tax	'	636,000	'	1,897,000	'
Trading Securities, Accumulated Gross Recognized Loss	9,000	0	9,000	'	'
Trading Securities, Accumulated Gross Recognized Gain	0	89,000	0	'	'
Marketable Securities, Reclassification	'	0	0	'	'
Trading Securities Pledged as Collateral	'	9,930,000	'	10,017,000	'
Available-for-sale Securities [Member]	'	'	'	'	'
Note C - Marketable Equity Securities (Details) [Line Items]	'	'	'	'	'
Accumulated Other Comprehensive Income (Loss), Net of Tax	'	$6,812,000	'	$6,160,000	'

Note_C_Marketable_Equity_Secur3

Note C - Marketable Equity Securities (Details) - Cost, Market Value and Unrealized Gain/(Loss) on Equity Securities (USD $)	9 Months Ended	12 Months Ended
In Thousands, unless otherwise specified	Sep. 30, 2014	Dec. 31, 2013
Available-for-sale securities	'	'
Fair market value	$22,634	$20,810
Cost	11,653	10,881
Unrealized gain	10,981	9,929
Trading securities	'	'
Fair market value	246	165
Cost	157	157
Unrealized gain	89	8
Total	'	'
Fair market value	22,880	20,975
Cost	11,810	11,038
Unrealized gain	$11,070	$9,937

Note_C_Marketable_Equity_Secur4

Note C - Marketable Equity Securities (Details) - Unrealized Gains and Losses on Marketable Securities (USD $)	9 Months Ended	12 Months Ended
In Thousands, unless otherwise specified	Sep. 30, 2014	Dec. 31, 2013
Available-for-sale securities:	'	'
Gross unrealized gains	$11,018	$9,946
Gross unrealized losses	37	17
Total unrealized gains	$10,981	$9,929

Note_C_Marketable_Equity_Secur5

Note C - Marketable Equity Securities (Details) - Recognized Gains (Losses) in Market Value for Securities (USD $)	3 Months Ended		9 Months Ended
In Thousands, unless otherwise specified	Sep. 30, 2014	Sep. 30, 2013	Sep. 30, 2014	Sep. 30, 2013
Trading securities	'	'	'	'
Recognized gain (loss)	$57	($6)	$8	($26)
Net recognized gain for the period	32	-3	81	17
Net recognized gain for the period, net of taxes	20	-2	50	10
Recognized gain (loss)	$89	($9)	$89	($9)

Note_C_Marketable_Equity_Secur6

Note C - Marketable Equity Securities (Details) - Realized Gains on Available for Sale Securities (USD $)	3 Months Ended		9 Months Ended
In Thousands, unless otherwise specified	Sep. 30, 2014	Sep. 30, 2013	Sep. 30, 2014	Sep. 30, 2013
Realized gains	'	'	'	'
Sale proceeds	$439	$0	$439	$13
Cost of securities sold	156	'	156	6
Realized gains	283	'	283	7
Realized gains, net of taxes	$171	'	$171	$4

Note_C_Marketable_Equity_Secur7

Note C - Marketable Equity Securities (Details) - Approximate Gross Unrealized Losses and Fair Value of Securities in a Loss Position (Equity Securities [Member], USD $)	9 Months Ended	12 Months Ended
In Thousands, unless otherwise specified	Sep. 30, 2014	Dec. 31, 2013
Equity Securities [Member]	'	'
Note C - Marketable Equity Securities (Details) - Approximate Gross Unrealized Losses and Fair Value of Securities in a Loss Position [Line Items]	'	'
Equity securities b Available-for-sale	$1,585	$397
Equity securities b Available-for-sale	37	17
Totals	1,585	397
Totals	$37	$17

Note_D_Stock_Based_Compensatio2

Note D - Stock Based Compensation (Details) (USD $)

3 Months Ended

9 Months Ended

12 Months Ended

9 Months Ended

Sep. 30, 2014

Sep. 30, 2013

Sep. 30, 2014

Sep. 30, 2013

Dec. 31, 2013

Sep. 30, 2014

Sep. 30, 2014

Sep. 30, 2014

Sep. 30, 2014

Sep. 30, 2014

Sep. 30, 2014

Sep. 30, 2014

Sep. 30, 2014

Sep. 30, 2014

Sep. 30, 2013

Sep. 30, 2014

Sep. 30, 2014

Sep. 30, 2013

Sep. 30, 2014

Sep. 30, 2013

Mar. 02, 2006

Amortization, Current Year [Member]

Amortization, Next Year [Member]

Amortization, Year 3 [Member]

Amortization Year 4 [Member]

Restricted Stock [Member]

Nonqualified Options [Member]

Nonqualified Options [Member]

Nonqualified Options [Member]

Stock Award [Member]

Stock Award [Member]

Increase in Annual Grant of Options, Number of Shares [Member]

Diluted [Member]

Diluted [Member]

Basic [Member]

Basic [Member]

2006 Stock Option Plan [Member]

Minimum [Member]

Minimum [Member]

Maximum [Member]

Annual Grant to Non-employee Member [Member]

Director [Member]

Director [Member]

2014 Stock Option Plan [Member]

2014 Stock Option Plan [Member]

2014 Stock Option Plan [Member]

2014 Stock Option Plan [Member]

Note D - Stock Based Compensation (Details) [Line Items]

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Share-based Compensation Arrangement by Share-based Payment Award, Number of Shares Authorized (in Shares)

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

750,000

Share-based Compensation Arrangement by Share-based Payment Award, Purchase Price of Common Stock, Percent

'

'

'

'

'

'

'

'

'

85.00%

'

'

'

'

'

'

'

'

'

'

'

Share-based Compensation Arrangement by Share-based Payment Award, Expiration Period

'

'

'

'

'

'

'

'

'

'

'5 years

'10 years

'

'

'

'

'

'

'

'

'

Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Grants in Period (in Shares)

'

'

0

'

'

'

'

'

'

'

'

'

'

3,024

5,000

'

'

'

'

'

'

Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Grants in Period, Weighted Average Grant Date Fair Value (in Dollars per share)

'

'

'

'

'

'

'

'

'

'

'

'

'

$19.88

'

'

'

'

'

'

'

Share-based Compensation Arrangement by Share-based Payment Award, Options, Vested in Period, Fair Value

'

'

$148,000

$180,000

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Allocated Share-based Compensation Expense

30,000

39,000

146,000

315,000

'

'

'

'

'

'

'

'

'

'

180,000

'

'

'

'

'

'

Share-based Compensation Arrangement by Share-based Payment Award, Options, Additional Grants in Period (in Shares)

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

60,000

'

'

'

'

'

Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Gross (in Shares)

'

'

'

'

'

'

'

'

'

'

'

'

504

'

'

'

'

'

'

'

'

Allocated Share-based Compensation Expense, Impact on Earnings Per Share (in Dollars per share)

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

($0.02)

($0.02)

($0.02)

($0.03)

'

Employee Service Share-based Compensation, Nonvested Awards, Compensation Cost Not yet Recognized

260,000

'

260,000

'

'

30,000

116,000

86,000

28,000

'

'

'

'

'

'

'

'

'

'

'

'

Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Weighted Average Grant Date Fair Value (in Dollars per share)

'

'

'

$5.13

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Share Price (in Dollars per share)

$36.25

'

$36.25

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Employee Service Share-based Compensation, Cash Received from Exercise of Stock Options

'

'

$841,000

'

$19,000

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Note_D_Stock_Based_Compensatio3

Note D - Stock Based Compensation (Details) - Fair Value Assumptions for Employee Stock Options (USD $)	9 Months Ended
	Sep. 30, 2013
Fair Value Assumptions for Employee Stock Options [Abstract]	'
Dividend yield	0.00%
Volatility	62.69%
Risk-free rate	0.61%
Expected life (years)	'4 years 109 days
Fair value of options (in Dollars per share)	$5.13

Note_D_Stock_Based_Compensatio4

Note D - Stock Based Compensation (Details) - Employee Stock Option Activity (USD $)	9 Months Ended
	Sep. 30, 2014
Employee Stock Option Activity [Abstract]	'
Outstanding-beginning of year	164,098
Outstanding-beginning of year	$10.99
Exercised	-77,308
Exercised	$10.88
Cancelled/forfeited/expired	-42
Cancelled/forfeited/expired	$11.22
Outstanding at September 30, 2014	86,748
Outstanding at September 30, 2014	$11.09
Outstanding at September 30, 2014	'5 years 6 months
Outstanding at September 30, 2014	$2,182,370	[1]
Exercisable at September 30, 2014	33,139
Exercisable at September 30, 2014	$11.29
Exercisable at September 30, 2014	'2 years 219 days
Exercisable at September 30, 2014	$827,289	[1]
[1]	The intrinsic value of a stock option is the amount by which the market value of the underlying stock exceeds the exercise price of the option. The per share market value of our common stock, as determined by the closing price on September 30, 2014, was $36.25.

Note_D_Stock_Based_Compensatio5

Note D - Stock Based Compensation (Details) - Summary of Nonvested Options (USD $)	9 Months Ended
	Sep. 30, 2014
Employee Stock Option [Member]	'
Note D - Stock Based Compensation (Details) - Summary of Nonvested Options [Line Items]	'
Nonvested at Beginning of Period	68,039
Nonvested - Weighted-Average Grant Date Fair Value	$6.11
Canceled/forfeited/expired - Number of Options	-25
Canceled/forfeited/expired - Average Grant Date Fair Value	$6.34
Vested - Number of Options	-14,405
Vested - Average Grant Date Fair Value	$6.07
Nonvested at End of Period	53,609
Nonvested - Weighted-Average Grant Date Fair Value	$6.12
Restricted Stock [Member]	'
Note D - Stock Based Compensation (Details) - Summary of Nonvested Options [Line Items]	'
Nonvested at Beginning of Period	9,500
Nonvested - Weighted-Average Grant Date Fair Value	$18.17
Canceled/forfeited/expired - Number of Options	-9,500
Canceled/forfeited/expired - Average Grant Date Fair Value	$18.17

Note_D_Stock_Based_Compensatio6

Note D - Stock Based Compensation (Details) - Stock Option Activity by Exercise Price (USD $)	9 Months Ended
	Sep. 30, 2014
Share-based Compensation, Shares Authorized under Stock Option Plans, Exercise Price Range [Line Items]	'
Shares Under Outstanding Options	86,748
Weighted-Average Remaining Contractual Term	'5 years 6 months
Shares Under Exercisable Options	33,139
Exercise Price 1 [Member]	'
Share-based Compensation, Shares Authorized under Stock Option Plans, Exercise Price Range [Line Items]	'
Exercise Price (in Dollars per share)	10.44
Shares Under Outstanding Options	15,000
Weighted-Average Remaining Contractual Term	'3 years 146 days
Shares Under Exercisable Options	15,000
Exercise Price 2 [Member]	'
Share-based Compensation, Shares Authorized under Stock Option Plans, Exercise Price Range [Line Items]	'
Exercise Price (in Dollars per share)	10.9
Shares Under Outstanding Options	6,000
Weighted-Average Remaining Contractual Term	'2 years 255 days
Shares Under Exercisable Options	6,000
Exercise Price 3 [Member]	'
Share-based Compensation, Shares Authorized under Stock Option Plans, Exercise Price Range [Line Items]	'
Exercise Price (in Dollars per share)	10.9
Shares Under Outstanding Options	41,400
Weighted-Average Remaining Contractual Term	'7 years 255 days
Exercise Price 4 [Member]	'
Share-based Compensation, Shares Authorized under Stock Option Plans, Exercise Price Range [Line Items]	'
Exercise Price (in Dollars per share)	11.22
Shares Under Outstanding Options	12,348
Weighted-Average Remaining Contractual Term	'6 years 73 days
Shares Under Exercisable Options	139
Exercise Price 5 [Member]	'
Share-based Compensation, Shares Authorized under Stock Option Plans, Exercise Price Range [Line Items]	'
Exercise Price (in Dollars per share)	11.54
Shares Under Outstanding Options	4,000
Weighted-Average Remaining Contractual Term	'2 years 146 days
Shares Under Exercisable Options	4,000
Exercise Price 6 [Member]	'
Share-based Compensation, Shares Authorized under Stock Option Plans, Exercise Price Range [Line Items]	'
Exercise Price (in Dollars per share)	11.75
Shares Under Outstanding Options	4,000
Weighted-Average Remaining Contractual Term	'1 year 146 days
Shares Under Exercisable Options	4,000
Exercise Price 7 [Member]	'
Share-based Compensation, Shares Authorized under Stock Option Plans, Exercise Price Range [Line Items]	'
Exercise Price (in Dollars per share)	14.32
Shares Under Outstanding Options	4,000
Weighted-Average Remaining Contractual Term	'146 days
Shares Under Exercisable Options	4,000

Note_E_Segment_Information_Det

Note E - Segment Information (Details)	9 Months Ended
	Sep. 30, 2014
Segment Reporting [Abstract]	'
Number of Operating Segments	2

Note_E_Segment_Information_Det1

Note E - Segment Information (Details) - Segments Revenue Reconciliation (USD $)	3 Months Ended		9 Months Ended
In Thousands, unless otherwise specified	Sep. 30, 2014	Sep. 30, 2013	Sep. 30, 2014	Sep. 30, 2013
Segment Reporting, Revenue Reconciling Item [Line Items]	'	'	'	'
Revenue, before fuel surcharge	$82,158	$79,163	$237,660	$237,648
Truckload Services [Member] | Sales Revenue, Segment [Member] | Product Concentration Risk [Member]	'	'	'	'
Segment Reporting, Revenue Reconciling Item [Line Items]	'	'	'	'
Percentage of revenue, before fuel surcharges	92.50%	93.30%	92.90%	92.40%
Truckload Services [Member]	'	'	'	'
Segment Reporting, Revenue Reconciling Item [Line Items]	'	'	'	'
Revenue, before fuel surcharge	76,036	73,857	220,860	219,471
Brokerage and Logistics Services [Member] | Sales Revenue, Segment [Member] | Product Concentration Risk [Member]	'	'	'	'
Segment Reporting, Revenue Reconciling Item [Line Items]	'	'	'	'
Percentage of revenue, before fuel surcharges	7.50%	6.70%	7.10%	7.60%
Brokerage and Logistics Services [Member]	'	'	'	'
Segment Reporting, Revenue Reconciling Item [Line Items]	'	'	'	'
Revenue, before fuel surcharge	$6,122	$5,306	$16,800	$18,177
Sales Revenue, Segment [Member] | Product Concentration Risk [Member]	'	'	'	'
Segment Reporting, Revenue Reconciling Item [Line Items]	'	'	'	'
Percentage of revenue, before fuel surcharges	100.00%	100.00%	100.00%	100.00%

Note_F_Treasury_Stock_Details

Note F - Treasury Stock (Details) (USD $)	9 Months Ended
	Sep. 30, 2014	Dec. 31, 2013
Disclosure Text Block Supplement [Abstract]	'	'
Treasury Stock, Shares	3,479,116	3,407,925
Treasury Stock, Value	$53,753,000	$51,691,000
Treasury Stock, Shares, Acquired	71,191	'
Treasury Stock, Value, Acquired, Cost Method	$2,062,000	'

Note_G_Accumulated_Other_Compr2

Note G - Accumulated Other Comprehensive Income (Details) - Accumulted Other Comprehensive Income (Loss) (USD $)	3 Months Ended	9 Months Ended
In Thousands, unless otherwise specified	Sep. 30, 2014	Sep. 30, 2014	Jun. 30, 2014	Dec. 31, 2013
Accumulated Other Comprehensive Income (Loss) [Line Items]	'	'	'	'
Balance	$6,812	$6,812	$7,293	$6,160
Other comprehensive income before reclassifications	-360	772	'	'
Amounts reclassified from accumulated other comprehensive income, net of tax benefit	-121	-120	'	'
Net current-period other comprehensive income	($481)	$652	'	'

Note_G_Accumulated_Other_Compr3

Note G - Accumulated Other Comprehensive Income (Details) - Accumulted Other Comprehensive Income (Loss) (Parentheticals) (USD $)

3 Months Ended

9 Months Ended

3 Months Ended

9 Months Ended

12 Months Ended

3 Months Ended

9 Months Ended

3 Months Ended

9 Months Ended

In Thousands, unless otherwise specified

Sep. 30, 2014

Sep. 30, 2013

Sep. 30, 2014

Sep. 30, 2013

Sep. 30, 2014

Jun. 30, 2014

Sep. 30, 2014

Dec. 31, 2013

Sep. 30, 2014

Sep. 30, 2014

Sep. 30, 2014

Sep. 30, 2014

Other Comprehensive Income (Loss) [Member]

Other Comprehensive Income (Loss) [Member]

Other Comprehensive Income (Loss) [Member]

Other Comprehensive Income (Loss) [Member]

Before Reclassification [Member]

Before Reclassification [Member]

Amounts Reclassified from AOCI [Member]

Amounts Reclassified from AOCI [Member]

Accumulated Other Comprehensive Income (Loss) [Line Items]

'

'

'

'

'

'

'

'

'

'

'

'

Tax

$3,355

$1,575

$7,413

$2,981

$4,169

$4,463

$4,169

$3,770

$220

$473

$74

$74

Note_G_Accumulated_Other_Compr4

Note G - Accumulated Other Comprehensive Income (Details) - Reclassification Out of Accumulated Other Comprehensive Income (USD $)	3 Months Ended		9 Months Ended
In Thousands, unless otherwise specified	Sep. 30, 2014	Sep. 30, 2013	Sep. 30, 2014		Sep. 30, 2013
Unrealized gains and losses on available-for-sale securities:	'	'	'		'
Total before tax	$8,412	$3,968	$18,772		$7,600
Tax benefit	3,355	1,575	7,413		2,981
Total after tax	5,057	2,393	11,359		4,619
Reclassification out of Accumulated Other Comprehensive Income [Member]	'	'	'		'
Unrealized gains and losses on available-for-sale securities:	'	'	'		'
Impairment expense	'	'	-1	[1]	'
Total before tax	'	'	-1	[1]	'
Tax benefit	'	'	'	[1]	'
Total after tax	'	'	($1)	[1]	'
[1]	Amounts in parentheses indicate debits to profit/loss

Note_H_Earnings_Per_Share_Deta

Note H - Earnings Per Share (Details) (Equity Option [Member])	9 Months Ended
	Sep. 30, 2013
Equity Option [Member]	'
Note H - Earnings Per Share (Details) [Line Items]	'
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount	26,000

Note_H_Earnings_Per_Share_Deta1

Note H - Earnings Per Share (Details) - Computations of Basic and Diluted Earnings Per Share (USD $)	3 Months Ended		9 Months Ended
In Thousands, except Per Share data, unless otherwise specified	Sep. 30, 2014	Sep. 30, 2013	Sep. 30, 2014	Sep. 30, 2013
Computations of Basic and Diluted Earnings Per Share [Abstract]	'	'	'	'
Net income (in Dollars)	$5,057	$2,393	$11,359	$4,619
Basic weighted average common shares outstanding	7,993	8,654	7,990	8,667
Dilutive effect of common stock equivalents	39	9	44	4
Diluted weighted average common shares outstanding	8,032	8,663	8,034	8,671
Basic earnings per share (in Dollars per share)	$0.63	$0.28	$1.42	$0.53
Diluted earnings per share (in Dollars per share)	$0.63	$0.28	$1.41	$0.53

Note_J_Fair_Value_of_Financial2

Note J - Fair Value of Financial Instruments (Details) - Securities Measured at Fair Value on a Recurring Basis (USD $)	Sep. 30, 2014	Dec. 31, 2013
In Thousands, unless otherwise specified
Note J - Fair Value of Financial Instruments (Details) - Securities Measured at Fair Value on a Recurring Basis [Line Items]	'	'
Marketable equity securities	$22,880	$20,975
Fair Value, Inputs, Level 1 [Member]	'	'
Note J - Fair Value of Financial Instruments (Details) - Securities Measured at Fair Value on a Recurring Basis [Line Items]	'	'
Marketable equity securities	$22,880	'

Note_J_Fair_Value_of_Financial3

Note J - Fair Value of Financial Instruments (Details) - Fair Value of Long-term Debt Other Than Lines of Credit (USD $)	Sep. 30, 2014
In Thousands, unless otherwise specified
Fair Value of Long-term Debt Other Than Lines of Credit [Abstract]	'
Long-term debt	$77,947
Long-term debt	$78,195

Note_K_Notes_Payable_and_LongT1

Note K - Notes Payable and Long-Term Debt (Details) (USD $)	9 Months Ended
In Millions, unless otherwise specified	Sep. 30, 2014
Disclosure Text Block [Abstract]	'
Notes Payable to Bank, Noncurrent	$19.30
Debt Instrument, Term	'60 months
Long-term Debt, Weighted Average Interest Rate	2.34%

Note_L_OffBalance_Sheet_Arrang2

Note L - Off-Balance Sheet Arrangements (Details) (Transportation Equipment [Member], USD $)	3 Months Ended	9 Months Ended
	Sep. 30, 2014	Sep. 30, 2014
Transportation Equipment [Member]	'	'
Note L - Off-Balance Sheet Arrangements (Details) [Line Items]	'	'
Operating Leases, Rent Expense	$1,034,000	$2,161,000

Note_L_OffBalance_Sheet_Arrang3

Note L - Off-Balance Sheet Arrangements (Details) - Future Minimum Annual Lease Payments (USD $)	Sep. 30, 2014
In Thousands, unless otherwise specified
Future Minimum Annual Lease Payments [Abstract]	'
2014	$1,824
2015	7,712
2016	7,161
2017	3,587
Total future minimum lease payments	$20,284