Pamt (PAMT) 10-Q 6 Nov 20 2020 Q3 Quarterly report Financial data

Document And Entity Information

Document And Entity Information - shares	9 Months Ended
	Sep. 30, 2020	Oct. 28, 2020
Document Information [Line Items]
Entity Central Index Key	0000798287
Entity Registrant Name	PAM TRANSPORTATION SERVICES INC
Amendment Flag	false
Current Fiscal Year End Date	--12-31
Document Fiscal Period Focus	Q3
Document Fiscal Year Focus	2020
Document Type	10-Q
Document Quarterly Report	true
Document Period End Date	Sep. 30, 2020
Document Transition Report	false
Entity Incorporation, State or Country Code	DE
Entity File Number	0-1507
Entity Tax Identification Number	71-0633135
Entity Address, Address Line One	297 West Henri De Tonti
Entity Address, City or Town	Tontitown
Entity Address, State or Province	AR
Entity Address, Postal Zip Code	72770
City Area Code	479
Local Phone Number	361-9111
Title of 12(b) Security	Common Stock, $.01 par value
Trading Symbol	PTSI
Security Exchange Name	NASDAQ
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Accelerated Filer
Entity Small Business	true
Entity Emerging Growth Company	false
Entity Shell Company	false
Entity Common Stock, Shares Outstanding		5,734,512

Condensed Consolidated Balance

Condensed Consolidated Balance Sheets (Current Period Unaudited) - USD ($)	Sep. 30, 2020	Dec. 31, 2019
Current assets:
Cash and cash equivalents	$ 328,000	$ 318,000
Accounts receivable-net:
Trade, less current estimated credit loss of $3,281 and $2,952, respectively	69,984,000	61,784,000
Other	3,650,000	3,769,000
Inventories	1,093,000	1,327,000
Prepaid expenses and deposits	7,579,000	8,669,000
Marketable equity securities	25,157,000	29,521,000
Income taxes refundable	860,000	504,000
Total current assets	108,651,000	105,892,000
Property and equipment:
Land	16,086,000	7,246,000
Structures and improvements	32,011,000	20,204,000
Revenue equipment	556,100,000	524,527,000
Office furniture and equipment	11,779,000	11,185,000
Total property and equipment	615,976,000	563,162,000
Accumulated depreciation	(196,931,000)	(175,887,000)
Net property and equipment	419,045,000	387,275,000
Other assets	4,387,000	4,842,000
TOTAL ASSETS	532,083,000	498,009,000
Current liabilities:
Accounts payable	42,226,000	16,597,000
Accrued expenses and other liabilities	29,495,000	40,610,000
Current maturities of long-term debt	63,777,000	67,637,000
Total current liabilities	135,498,000	124,844,000
Long-term debt - less current portion	194,753,000	174,187,000
Deferred income taxes	64,284,000	63,522,000
Other long-term liabilities	1,063,000	1,481,000
Total liabilities	395,598,000	364,034,000
STOCKHOLDERS' 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; 11,692,344 and 11,656,160 shares issued; 5,735,326 and 5,748,897 shares outstanding at September 30, 2020 and December 31, 2019, respectively	117,000	117,000
Additional paid-in capital	84,118,000	83,688,000
Treasury stock, at cost; 5,957,018 and 5,907,263 shares at September 30, 2020 and December 31, 2019, respectively	(158,630,000)	(156,837,000)
Retained earnings	210,880,000	207,007,000
Total stockholders’ equity	136,485,000	133,975,000
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY	$ 532,083,000	$ 498,009,000

Condensed Consolidated Balanc_2

Condensed Consolidated Balance Sheets (Current Period Unaudited) (Parentheticals) - USD ($) $ in Thousands	Sep. 30, 2020	Dec. 31, 2019
Trade, allowance	$ 3,281	$ 2,952
Preferred stock, par value (in dollars per share)	$ 0.01	$ 0.01
Preferred stock, authorized (in shares)	10,000,000	10,000,000
Preferred stock, issued (in shares)	0	0
Common stock, par value (in dollars per share)	$ 0.01	$ 0.01
Common stock, authorized (in shares)	40,000,000	40,000,000
Common stock, issued (in shares)	11,692,344	11,656,160
Common stock, outstanding (in shares)	5,735,326	5,748,897
Treasury stock (in shares)	5,957,018	5,907,263

Condensed Consolidated Statemen

Condensed Consolidated Statements of Operations (Unaudited) - USD ($) shares in Thousands, $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2020	Sep. 30, 2019	Sep. 30, 2020	Sep. 30, 2019
OPERATING REVENUES:
Operating revenues	$ 121,942	$ 128,994	$ 344,075	$ 390,680
OPERATING EXPENSES AND COSTS:
Salaries, wages and benefits	30,618	32,920	90,991	94,586
Operating supplies and expenses	20,875	25,455	62,866	73,487
Rent and purchased transportation	41,402	40,740	114,688	128,647
Depreciation	13,403	14,173	41,936	40,974
Insurance and claims	3,145	3,697	5,701	11,872
Other	2,599	3,788	10,411	10,321
(Gain) Loss on sale or disposition of equipment	(174)	688	(71)	362
Total operating expenses and costs	111,868	121,461	326,522	360,249
OPERATING INCOME	10,074	7,533	17,553	30,431
NON-OPERATING (EXPENSE) INCOME	(94)	490	(6,209)	3,765
INTEREST EXPENSE	(2,211)	(2,178)	(6,601)	(6,277)
INCOME BEFORE INCOME TAXES	7,769	5,845	4,743	27,919
FEDERAL AND STATE INCOME TAX EXPENSE:
Current	106	106	106	302
Deferred	1,663	1,158	763	6,081
Total federal and state income tax expense	1,769	1,264	869	6,383
NET INCOME	$ 6,000	$ 4,581	$ 3,874	$ 21,536
INCOME PER COMMON SHARE:
Basic (in dollars per share)	$ 1.04	$ 0.80	$ 0.67	$ 3.68
Diluted (in dollars per share)	$ 1.04	$ 0.79	$ 0.67	$ 3.65
AVERAGE COMMON SHARES OUTSTANDING:
Basic (in shares)	5,763	5,756	5,758	5,859
Diluted (in shares)	5,768	5,799	5,775	5,907
Freight Transportation Service [Member]
OPERATING REVENUES:
Operating revenues	$ 109,854	$ 110,149	$ 307,441	$ 332,846
Fuel Surcharge [Member]
OPERATING REVENUES:
Operating revenues	$ 12,088	$ 18,845	$ 36,634	$ 57,834

Condensed Consolidated Statem_2

Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($) $ in Thousands	9 Months Ended
	Sep. 30, 2020	Sep. 30, 2019
OPERATING ACTIVITIES:
Net (loss) / income	$ 3,874	$ 21,536
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation	41,936	40,974
Bad debt expense	329	694
Stock compensation-net of excess tax benefits	430	736
Provision for deferred income taxes	763	6,081
Recognized loss / (gain) on marketable equity securities	7,484	(2,728)
(Gain) Loss on sale or disposition of equipment	(71)	362
Changes in operating assets and liabilities:
Accounts receivable	(8,409)	2,312
Prepaid expenses, deposits, inventories, and other assets	1,064	2,169
Income taxes payable	(52)	(299)
Trade accounts payable	22,112	3,218
Accrued expenses and other liabilities	(16,354)	1,340
Net cash provided by operating activities	53,106	76,395
INVESTING ACTIVITIES:
Purchases of property and equipment	(39,763)	(68,046)
Proceeds from disposition of equipment	13,502	12,714
Sales of marketable equity securities	860	1,645
Purchases of marketable equity securities, net of return of capital	(3,982)	(128)
Net cash used in investing activities	(29,383)	(53,815)
FINANCING ACTIVITIES:
Borrowings under line of credit	365,263	444,362
Repayments under line of credit	(371,182)	(445,318)
Borrowings of long-term debt	17,640	45,557
Repayments of long-term debt	(38,872)	(51,253)
Borrowings under margin account	7,037	387
Repayments under margin account	(1,806)	(2,676)
Repurchases of common stock	(1,793)	(13,616)
Net cash used in financing activities	(23,713)	(22,557)
NET INCREASE IN CASH, CASH EQUIVALENTS AND RESTRICTED CASH	10	23
CASH, CASH EQUIVALENTS AND RESTRICTED CASH -Beginning of period	318	282
CASH, CASH EQUIVALENTS AND RESTRICTED CASH -End of period	328	305
SUPPLEMENTAL DISCLOSURES OF CASH FLOW INFORMATION-
Interest	6,544	6,258
Income taxes	159	601
NONCASH INVESTING AND FINANCING ACTIVITIES-
Purchases of property and equipment included in accounts payable	$ 3,944	$ 5,711

Condensed Consolidated Statem_3

Condensed Consolidated Statements of Stockholders' Equity (Unaudited) - USD ($) shares in Thousands, $ in Thousands		Common Stock Outstanding [Member]	Common Stock [Member]	Additional Paid-in Capital [Member]	Treasury Stock [Member]	Retained Earnings [Member]	Total
Balance (in shares) at Dec. 31, 2018		5,957
Balance at Dec. 31, 2018			$ 116	$ 82,776	$ (142,552)	$ 199,107	$ 139,447
Net (loss) / income						8,301	8,301
Stock awards-shares issued including tax benefits (in shares)		1
Stock awards-shares issued including tax benefits			0	0	0	0	0
Treasury stock repurchases (in shares)		(40)
Treasury stock repurchases					(1,618)		(1,618)
Stock based compensation	[1]			216			216
Treasury stock repurchases (in shares)		40
Balance (in shares) at Mar. 31, 2019		5,918
Balance at Mar. 31, 2019			116	82,992	(144,170)	207,408	146,346
Balance (in shares) at Dec. 31, 2018		5,957
Balance at Dec. 31, 2018			116	82,776	(142,552)	199,107	139,447
Net (loss) / income							21,536
Balance (in shares) at Sep. 30, 2019		5,754
Balance at Sep. 30, 2019			116	83,512	(156,167)	220,643	148,104
Balance (in shares) at Mar. 31, 2019		5,918
Balance at Mar. 31, 2019			116	82,992	(144,170)	207,408	146,346
Net (loss) / income						8,654	8,654
Stock awards-shares issued including tax benefits (in shares)		35
Stock awards-shares issued including tax benefits			0	0	0	0	0
Treasury stock repurchases (in shares)		(196)
Treasury stock repurchases					(11,823)		(11,823)
Stock based compensation				310			310
Treasury stock repurchases (in shares)		196
Balance (in shares) at Jun. 30, 2019		5,757
Balance at Jun. 30, 2019			116	83,302	(155,993)	216,062	143,487
Net (loss) / income			0	0	0	4,581	4,581
Stock awards-shares issued including tax benefits			0	0	0	0	0
Treasury stock repurchases (in shares)		(3)
Treasury stock repurchases			0	0	(174)	0	(174)
Stock based compensation			0	210	0	0	210
Treasury stock repurchases (in shares)		3
Balance (in shares) at Sep. 30, 2019		5,754
Balance at Sep. 30, 2019			116	83,512	(156,167)	220,643	148,104
Balance (in shares) at Dec. 31, 2019		5,749
Balance at Dec. 31, 2019			117	83,688	(156,837)	207,007	133,975
Net (loss) / income						(1,304)	(1,304)
Stock awards-shares issued including tax benefits (in shares)		2
Stock awards-shares issued including tax benefits			0	0	0	0	0
Treasury stock repurchases (in shares)		(9)
Treasury stock repurchases					(321)		(321)
Stock based compensation				305			305
Treasury stock repurchases (in shares)		9
Balance (in shares) at Mar. 31, 2020		5,742
Balance at Mar. 31, 2020			117	83,993	(157,158)	205,703	132,655
Balance (in shares) at Dec. 31, 2019		5,749
Balance at Dec. 31, 2019			117	83,688	(156,837)	207,007	133,975
Net (loss) / income							3,874
Balance (in shares) at Sep. 30, 2020		5,735
Balance at Sep. 30, 2020			117	84,118	(158,630)	210,880	136,485
Balance (in shares) at Mar. 31, 2020		5,742
Balance at Mar. 31, 2020			117	83,993	(157,158)	205,703	132,655
Net (loss) / income						(823)	(823)
Stock awards-shares issued including tax benefits (in shares)		34
Stock awards-shares issued including tax benefits			0	0	0	0	0
Treasury stock repurchases							0
Stock based compensation				21			21
Balance (in shares) at Jun. 30, 2020		5,776
Balance at Jun. 30, 2020			117	84,014	(157,158)	204,880	131,853
Net (loss) / income			0	0	0	6,000	6,000
Stock awards-shares issued including tax benefits			0	0	0	0	0
Treasury stock repurchases (in shares)		41
Treasury stock repurchases			0	0	(1,472)	0	(1,472)
Stock based compensation			0	104	0	0	104
Treasury stock repurchases (in shares)		(41)
Balance (in shares) at Sep. 30, 2020		5,735
Balance at Sep. 30, 2020			$ 117	$ 84,118	$ (158,630)	$ 210,880	$ 136,485
[1]	Approximately $90,000 was accrued as share-based compensation at March 31, 2019 for restricted stock earned by non-employee directors but for which shares were not issued until April 2019.

Condensed Consolidated Statem_4

Condensed Consolidated Statements of Stockholders' Equity (Unaudited) (Parentheticals) $ in Thousands	3 Months Ended
	Mar. 31, 2019USD ($)
Restricted Stock [Member]
Share-based compensation	$ 90

Note A - Basis of Presentation

Note A - Basis of Presentation	9 Months Ended
	Sep. 30, 2020
Notes to Financial Statements
Basis of Accounting [Text Block]	NOTE A: BASIS OF PRESENTATION Unless the context otherwise requires, all references in this Quarterly Report on Form 10 The accompanying unaudited condensed consolidated financial statements have been prepared in accordance with generally accepted accounting principles (“GAAP”) for interim financial information and with the instructions to Form 10 10 X. not December 31, 2019 not three nine September 30, 2020 not may December 31, 2020. 10 December 31, 2019.

Note B - Recent Accounting Pron

Note B - Recent Accounting Pronouncements	9 Months Ended
	Sep. 30, 2020
Notes to Financial Statements
Accounting Standards Update and Change in Accounting Principle [Text Block]	NOTE B : RECENT ACCOUNTING PRONOUNCEMENTS In March 2020, No. 2020 04, 2020 04” 848 2020 04 2020 04 March 12, 2020 December 31, 2022. not not In June 2016, No. 2016 13, 2016 13” 326 2016 13 2016 13 December 15, 2022, January 1, 2020 not

Note C - Revenue Recognition

Note C - Revenue Recognition	9 Months Ended
	Sep. 30, 2020
Notes to Financial Statements
Revenue from Contract with Customer [Text Block]	NOTE C: REVENUE RECOGNITION The Company has a single performance obligation, to transport our customer’s freight from a specified origin to a specified destination. The Company has the discretion to choose to self-transport or to arrange for alternate transportation to fulfill the performance obligation. Where the Company decides to self-transport the freight, the Company classifies the service as truckload services, and where the Company arranges for alternate transportation of the freight, the Company classifies the service as brokerage and logistics services. In either case, the Company is paid a rate to transport freight from its origin location to a specified destination. Because the primary factors influencing revenue recognition, including performance obligation, customer base, and timing of revenue recognition, are the same for both of its service categories, the Company utilizes the same revenue recognition method throughout its operations. Company revenue is generated from freight transportation services performed utilizing heavy truck trailer combinations. While various ownership arrangements may third not In fulfilling the Company’s obligation to transport freight from a specified origin to a specified destination, control of freight is transferred to us at the point it has been loaded into the driver’s trailer, the doors are sealed and the driver has signed a bill of lading, which is the basic transportation agreement that establishes the nature, quantity and condition of the freight loaded, the responsibility for invoice payment and the pickup and delivery locations. Our revenue is generated, and our customer receives benefit, as the freight progresses towards delivery locations. In the event our customer cancels the shipment at some point prior to the final delivery location and re-consigns the shipment to an alternate delivery location, we are entitled to receive payment for services performed for the partial shipment. Shipments are generally conducted over a relatively short time span, generally one three one Freight Revenue – revenue generated by the performance of the freight transportation service, including any accessorial service, provided to customers. Fuel Surcharge Revenue – revenue designed to adjust freight revenue rates to an agreed-upon base cost for diesel fuel. Diesel fuel prices can fluctuate widely during the term of a contract with a customer. At the point that freight revenue rates are negotiated with customers, a sliding scale is agreed upon that approximately adjusts diesel fuel costs to an agreed-upon base amount. In general, as fuel prices increase, revenue from fuel surcharge increases, so that diesel fuel cost is adjusted to the approximate base amount agreed upon. Revenue is recognized over time as the freight progresses towards its destination and the transportation service obligation is fulfilled. For loads picked up during the reporting period, but delivered in a subsequent reporting period, revenue is allocated to each period based on the transit time in each period as a percentage of total transit time. There are no

Note D - Marketable Equity Secu

Note D - Marketable Equity Securities	9 Months Ended
	Sep. 30, 2020
Notes to Financial Statements
Investments in Debt and Marketable Equity Securities (and Certain Trading Assets) Disclosure [Text Block]	NOTE D: MARKETABLE EQUITY SECURITIES The Company’s investments in marketable securities consist of equity securities with readily determinable fair values. 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 are carried at fair value, with gains and losses in fair market value included in the determination of net income. The fair value of marketable equity securities is determined based on quoted market prices in active markets, as described in Note J. The following table sets forth market value, cost, and unrealized gains on equity securities as of September 30, 2020 December 31, 2019. September 30, 2020 December 31, 2019 (in thousands) Fair market value $ 25,157 $ 29,521 Cost 26,551 24,156 Unrealized (loss) / gain $ (1,394 ) $ 5,365 The following table sets forth the gross unrealized gains and losses on the Company’s marketable securities as of September 30, 2020 December 31, 2019. September 30, 2020 December 31, 2019 (in thousands) Gross unrealized gains $ 5,310 $ 7,808 Gross unrealized losses 6,704 2,443 Net unrealized (loss) / gain $ (1,394 ) $ 5,365 The following table shows the Company’s net realized gains during the three nine September 30, 2020 2019, Three Months Ended Nine Months Ended September 30, September 30, 2020 2019 2020 2019 (in thousands, except per share data) Sales proceeds $ - $ 883 $ 861 $ 1,645 Cost of securities sold - 557 1,466 805 Realized gain / (loss) $ - $ 326 $ (605 ) $ 840 For the quarter ended September 30, 2020, September 30, 2019, For the nine September 30, 2020, nine September 30, 2019, The Company’s equity securities are periodically used as collateral against any outstanding margin account borrowings. As of September 30, 2020, December 31, 2019, Our marketable equity securities portfolio had a net unrealized pre-tax loss in market value of approximately $498,000 during the third 2020, third 2019,

Note E - Stock-based Compensati

Note E - Stock-based Compensation	9 Months Ended
	Sep. 30, 2020
Notes to Financial Statements
Compensation and Employee Benefit Plans [Text Block]	NOTE E : STOCK - BASED COMPENSATION The Company maintains a stock incentive plan (the “Plan”) under which incentive and nonqualified stock options and other stock awards may not In January 2020, fourth January 2024. In March 2020, In April 2020, In August 2020, fourth August 2024. August 2020, 2022, 2023, 2024 2027, 2025 2026. The total grant date fair value of stock vested during the first nine 2020 first nine 2020, first nine 2020. September 30, 2020, 2020 2021, 2022, 2023, 2024, 2025, 2026 2027, The total grant date fair value of stock vested during the first nine 2019 first nine 2019 first nine 2019. first nine 2019. September 30, 2019, A summary of the status of the Company’s non-vested restricted stock as of September 30, 2020 nine September 30, 2020, Restricted Stock Number of Shares Weighted- Average Grant Date Fair Value Non-vested at January 1, 2020 55,459 $ 24.35 Granted 63,182 36.46 Canceled/forfeited/expired (11,714 ) 41.01 Vested (36,184 ) 17.58 Non-vested at September 30, 2020 70,743 $ 35.86

Note F - Segment Information

Note F - Segment Information	9 Months Ended
	Sep. 30, 2020
Notes to Financial Statements
Segment Reporting Disclosure [Text Block]	NOTE F : SEGMENT INFORMATION The Company follows the guidance provided by ASC Topic 280, egment Reporting, two 280, two Three Months Ended September 30, Nine Months Ended September 30, 2020 2019 2020 2019 Amount % Amount % Amount % Amount % (in thousands, except percentage data) Truckload Services revenue $ 82,949 75.5 $ 92,443 83.9 $ 244,217 79.4 $ 275,323 82.7 Brokerage and Logistics Services revenue 26,905 24.5 17,706 16.1 63,224 20.6 57,523 17.3 Total revenues $ 109,854 100.0 $ 110,149 100.0 $ 307,441 100.0 $ 332,846 100.0

Note G - Treasury Stock

Note G - Treasury Stock	9 Months Ended
	Sep. 30, 2020
Notes to Financial Statements
Treasury Stock [Text Block]	NOTE G : TREASURY STOCK The Company’s stock repurchase program has been extended and expanded several times, most recently in April 2017, September 2011 nine September 30, 2020, The Company accounts for Treasury stock using the cost method. As of September 30, 2020,

Note H - Earnings Per Share

Note H - Earnings Per Share	9 Months Ended
	Sep. 30, 2020
Notes to Financial Statements
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 restricted stock. The computation of diluted earnings per share does not Three Months Ended Nine Months Ended September 30, September 30, 2020 2019 2020 2019 (in thousands, except per share data) Net income $ 6,000 $ 4,581 $ 3,874 $ 21,536 Basic weighted average common shares outstanding 5,763 5,756 5,758 5,859 Dilutive effect of common stock equivalents 5 43 17 48 Diluted weighted average common shares outstanding 5,768 5,799 5,775 5,907 Basic earnings per share $ 1.04 $ 0.80 $ 0.67 $ 3.68 Diluted earnings per share $ 1.04 $ 0.79 $ 0.67 $ 3.65

Note I - Income Taxes

Note I - Income Taxes	9 Months Ended
	Sep. 30, 2020
Notes to Financial Statements
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 the Company operates generally provide for a deficiency assessment statute of limitation period of three 2016 In determining whether a tax asset valuation allowance is necessary, management, in accordance with the provisions of ASC 740 10 30, September 30, 2020, not The Company recognizes a tax benefit from an uncertain tax position only if it is more likely than not September 30, 2020, not nine September 30, 2020 2019, not The Company’s effective income tax rates were 18.33% and 22.9% for the nine September 30, 2020 2019, nine September 30, 2020

Note J - Fair Value of Financia

Note J - Fair Value of Financial Instruments	9 Months Ended
	Sep. 30, 2020
Notes to Financial Statements
Fair Value Disclosures [Text Block]	NOTE J: FAIR VALUE OF FINANCIAL INSTRUMENTS The Company’s 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 may Level 1: Quoted market prices in active markets for identical assets or liabilities. Level 2: Inputs other than Level 1 not not Level 3: Unobservable inputs that are supported by little or no 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, 2020, Total Level 1 Level 2 Level 3 (in thousands) Marketable equity securities $ 25,157 $ 25,157 - - 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, 2020 Carrying Value Estimated Fair Value (in thousands) Long-term debt $ 247,401 $ 248,711 The Company has not

Note K - Notes Payable

Note K - Notes Payable	9 Months Ended
	Sep. 30, 2020
Notes to Financial Statements
Long-term Debt [Text Block]	NOTE K : NOTES PAYABLE During the first nine 2020,

Note L - Litigation

Note L - Litigation	9 Months Ended
	Sep. 30, 2020
Notes to Financial Statements
Legal Matters and Contingencies [Text Block]	NOTE L : LITIGATION The Company is not We were a defendant in a collective- and class-action lawsuit which was filed on December 9, 2016, December 9, 2013, December 31, 2019, July 2020, August 2020. not On March 31, 2020, May 29, 2019 first nine 2020, The Company’s participation in the settlements of the above matters does not not

Note M - Leases

Note M - Leases	9 Months Ended
	Sep. 30, 2020
Notes to Financial Statements
Lessor, Operating Leases [Text Block]	NOTE M: LEASES Adoption of ASU 2016 02 The Company currently leases shop, office and parking spaces in various locations in the United States and Mexico. The initial term for the majority of these leases is one one not The initial lease term for certain shop and office locations is for periods ranging from one five may may not not not The Company adopted ASU 2016 02 January 1, 2019 twelve The Company leases trucks to owner-operators under our lease-to-own program. We also lease dock space to a related party at our Laredo, Texas terminal. We have reviewed these operating leases and determined that the adoption of ASU 2016 02 not Because the Company’s historical method of accounting for leases is consistent with the provisions of ASU 2016 02, 2016 02 January 1, 2019 not Right-of-Use Leases Following the Company’s adoption of ASU 2016 02 January 1, 2019, three five not 842, September 30, 2020. not may five not not September 30, 2020. Scheduled amounts and timing of cash flows arising from future right-of-use operating lease payments at September 30, 2020, Maturity of Lease Liabilities (In thousands) 2020 (remaining) $ 155 2021 627 2022 544 2023 340 2024 114 Total undiscounted operating lease payments $ 1,780 Less: Imputed interest (93 ) Present value of operating lease liabilities $ 1,687 Balance Sheet Classification Right-of-use assets (recorded in other non-current assets) $ 1,687 Current lease liabilities (recorded in other current liabilities) $ 624 Long-term lease liabilities (recorded in other long-term liabilities) 1,063 Total operating lease liabilities $ 1,687 Other Information Weighted-average remaining lease term for operating leases (years) 3.04 Weighted-average discount rate for operating leases 3.60 % Cash Flows No three September 30, 2020. three September 30, 2020 nine September 30, 2020 Operating Lease Costs Three Months Ended Nine Months Ended September 30, September 30, 20 20 201 9 20 20 20 19 (in thousands) Long-term $ 140 $ 67 $ 412 $ 106 Short-term 527 563 1,671 1,649 Total $ 667 $ 630 $ 2,083 $ 1,755 Lessor Disclosures under ASC Topic 842 The Company leases trucks to owner-operators under operating leases, which generally have a term of up to five As of September 30, 2020, not September 30, 2020, nine September 30, 2020, The Company leases dock space to a related party at our Laredo, Texas terminal and warehouse and office space to an unrelated lessee at a second September 30, 2020, September 30, 2020, nine September 30, 2020, Lease Revenue The Company's operating lease revenue is disclosed in the table below. Three Months Ended Nine Months Ended September 30, September 30, 20 20 20 19 20 20 20 19 (in thousands) Leased truck revenue (recorded in revenue, before fuel surcharge) $ 1,322 $ 2,244 $ 5,302 $ 7,024 Leased building space revenue (recorded in non-operating income) 169 39 404 116 Total lease revenue $ 1,491 $ 2,283 $ 5,706 $ 7,140 Lease Receivables Future minimum operating lease payments receivable at September 30, 2020: (i n thousands) 2020 (remaining) $ 1,525 2021 5,019 2022 3,912 2023 2,735 2024 1,030 Thereafter 1 Total future minimum lease payments receivable $ 14,222

Note N - Effect of COVID-19 Pan

Note N - Effect of COVID-19 Pandemic	9 Months Ended
	Sep. 30, 2020
Notes to Financial Statements
Effect of COVID-19 Pandemic [Text Block]	NOTE N: EFFECT OF COVID- 19 The rapid spread of COVID- 19 March. second may 19

Note O - Noncash Investing and

Note O - Noncash Investing and Financing Activities	9 Months Ended
	Sep. 30, 2020
Notes to Financial Statements
Noncash Investing and Financing Activities Disclosure [Text Block]	NOTE O : NONCASH INVESTING AND FINANCING ACTIVITIES The Company financed approximately $43.9 million in equipment purchases during the first nine 2020

Note D - Marketable Equity Se_2

Note D - Marketable Equity Securities (Tables)	9 Months Ended
	Sep. 30, 2020
Notes Tables
Marketable Securities [Table Text Block]	September 30, 2020 December 31, 2019 (in thousands) Fair market value $ 25,157 $ 29,521 Cost 26,551 24,156 Unrealized (loss) / gain $ (1,394 ) $ 5,365
Unrealized Gain (Loss) on Investments [Table Text Block]	September 30, 2020 December 31, 2019 (in thousands) Gross unrealized gains $ 5,310 $ 7,808 Gross unrealized losses 6,704 2,443 Net unrealized (loss) / gain $ (1,394 ) $ 5,365
Schedule of Realized Gain (Loss) [Table Text Block]	Three Months Ended Nine Months Ended September 30, September 30, 2020 2019 2020 2019 (in thousands, except per share data) Sales proceeds $ - $ 883 $ 861 $ 1,645 Cost of securities sold - 557 1,466 805 Realized gain / (loss) $ - $ 326 $ (605 ) $ 840

Note E - Stock-based Compensa_2

Note E - Stock-based Compensation (Tables)	9 Months Ended
	Sep. 30, 2020
Notes Tables
Share-based Payment Arrangement, Restricted Stock and Restricted Stock Unit, Activity [Table Text Block]	Restricted Stock Number of Shares Weighted- Average Grant Date Fair Value Non-vested at January 1, 2020 55,459 $ 24.35 Granted 63,182 36.46 Canceled/forfeited/expired (11,714 ) 41.01 Vested (36,184 ) 17.58 Non-vested at September 30, 2020 70,743 $ 35.86

Note F - Segment Information (T

Note F - Segment Information (Tables)	9 Months Ended
	Sep. 30, 2020
Notes Tables
Reconciliation of Revenue from Segments to Consolidated [Table Text Block]	Three Months Ended September 30, Nine Months Ended September 30, 2020 2019 2020 2019 Amount % Amount % Amount % Amount % (in thousands, except percentage data) Truckload Services revenue $ 82,949 75.5 $ 92,443 83.9 $ 244,217 79.4 $ 275,323 82.7 Brokerage and Logistics Services revenue 26,905 24.5 17,706 16.1 63,224 20.6 57,523 17.3 Total revenues $ 109,854 100.0 $ 110,149 100.0 $ 307,441 100.0 $ 332,846 100.0

Note H - Earnings Per Share (Ta

Note H - Earnings Per Share (Tables)	9 Months Ended
	Sep. 30, 2020
Notes Tables
Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]	Three Months Ended Nine Months Ended September 30, September 30, 2020 2019 2020 2019 (in thousands, except per share data) Net income $ 6,000 $ 4,581 $ 3,874 $ 21,536 Basic weighted average common shares outstanding 5,763 5,756 5,758 5,859 Dilutive effect of common stock equivalents 5 43 17 48 Diluted weighted average common shares outstanding 5,768 5,799 5,775 5,907 Basic earnings per share $ 1.04 $ 0.80 $ 0.67 $ 3.68 Diluted earnings per share $ 1.04 $ 0.79 $ 0.67 $ 3.65

Note J - Fair Value of Financ_2

Note J - Fair Value of Financial Instruments (Tables)	9 Months Ended
	Sep. 30, 2020
Notes Tables
Fair Value, Assets Measured on Recurring Basis [Table Text Block]	Total Level 1 Level 2 Level 3 (in thousands) Marketable equity securities $ 25,157 $ 25,157 - -
Fair Value, by Balance Sheet Grouping [Table Text Block]	Carrying Value Estimated Fair Value (in thousands) Long-term debt $ 247,401 $ 248,711

Note M - Leases (Tables)

Note M - Leases (Tables)	9 Months Ended
	Sep. 30, 2020
Notes Tables
Lessee, Operating Lease, Liability, Maturity [Table Text Block]	Maturity of Lease Liabilities (In thousands) 2020 (remaining) $ 155 2021 627 2022 544 2023 340 2024 114 Total undiscounted operating lease payments $ 1,780 Less: Imputed interest (93 ) Present value of operating lease liabilities $ 1,687 Balance Sheet Classification Right-of-use assets (recorded in other non-current assets) $ 1,687 Current lease liabilities (recorded in other current liabilities) $ 624 Long-term lease liabilities (recorded in other long-term liabilities) 1,063 Total operating lease liabilities $ 1,687 Other Information Weighted-average remaining lease term for operating leases (years) 3.04 Weighted-average discount rate for operating leases 3.60 %
Lease, Cost [Table Text Block]	Three Months Ended Nine Months Ended September 30, September 30, 20 20 201 9 20 20 20 19 (in thousands) Long-term $ 140 $ 67 $ 412 $ 106 Short-term 527 563 1,671 1,649 Total $ 667 $ 630 $ 2,083 $ 1,755
Operating Lease, Lease Income [Table Text Block]	Three Months Ended Nine Months Ended September 30, September 30, 20 20 20 19 20 20 20 19 (in thousands) Leased truck revenue (recorded in revenue, before fuel surcharge) $ 1,322 $ 2,244 $ 5,302 $ 7,024 Leased building space revenue (recorded in non-operating income) 169 39 404 116 Total lease revenue $ 1,491 $ 2,283 $ 5,706 $ 7,140
Lessor, Operating Lease, Payment to be Received, Fiscal Year Maturity [Table Text Block]	(i n thousands) 2020 (remaining) $ 1,525 2021 5,019 2022 3,912 2023 2,735 2024 1,030 Thereafter 1 Total future minimum lease payments receivable $ 14,222

Note D - Marketable Equity Se_3

Note D - Marketable Equity Securities (Details Textual) - USD ($)	3 Months Ended		9 Months Ended
	Sep. 30, 2020	Sep. 30, 2019	Sep. 30, 2020	Sep. 30, 2019	Dec. 31, 2019
Investment Income, Dividend	$ 314,000	$ 348,000	$ 946,000	$ 931,000
Equity Securities, FV-NI, Unrealized Gain (Loss), Total	498,000	$ 133,000
Margin Account Borrowings [Member] | Accrued Expenses and Other Liabilities [Member]
Short-term Debt, Total	$ 12,705,000		$ 12,705,000		$ 7,474,000

Note D - Marketable Equity Se_4

Note D - Marketable Equity Securities - Securities Classified As Available-for-sale (Details) - USD ($) $ in Thousands	Sep. 30, 2020	Dec. 31, 2019
Fair market value	$ 25,157	$ 29,521
Cost	26,551	24,156
Unrealized (loss) / gain	$ (1,394)	$ 5,365

Note D - Marketable Equity Se_5

Note D - Marketable Equity Securities - Unrealized Gains and Losses on Marketable Equity Securities (Details) - USD ($) $ in Thousands	Sep. 30, 2020	Dec. 31, 2019
Gross unrealized gains	$ 5,310	$ 7,808
Gross unrealized losses	6,704	2,443
Net unrealized (loss) / gain	$ (1,394)	$ 5,365

Note D - Marketable Equity Se_6

Note D - Marketable Equity Securities - Realized Gains on Marketable Equity Securities (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2020	Sep. 30, 2019	Sep. 30, 2020	Sep. 30, 2019
Sales proceeds	$ 0	$ 883	$ 861	$ 1,645
Cost of securities sold	0	557	1,466	805
Realized gain / (loss)	$ 0	$ 326	$ (605)	$ 840

Note E - Stock-based Compensa_3

Note E - Stock-based Compensation (Details Textual) - USD ($)	May 29, 2014	Aug. 31, 2020	Apr. 30, 2020	Mar. 31, 2020	Jan. 31, 2020	Mar. 31, 2019	Sep. 30, 2020	Sep. 30, 2019
Share-based Compensation Arrangement by Share-based Payment Award, Options, Vested in Period, Fair Value							$ 636,000	$ 685,000
Allocated Share-based Compensation Expense, Impact on Earnings Per Share, Basic and Diluted (in dollars per share)							$ 0.06	$ 0.09
Share-based Payment Arrangement, Nonvested Award, Cost Not yet Recognized, Amount, Total							$ 2,318,000	$ 1,228,000
Amortization, Current Year [Member]
Share-based Payment Arrangement, Nonvested Award, Cost Not yet Recognized, Amount, Total							130,000
Amortization, Next Year [Member]
Share-based Payment Arrangement, Nonvested Award, Cost Not yet Recognized, Amount, Total							513,000
Amortization Year 2 [Member]
Share-based Payment Arrangement, Nonvested Award, Cost Not yet Recognized, Amount, Total							513,000
Amortization, Year 3 [Member]
Share-based Payment Arrangement, Nonvested Award, Cost Not yet Recognized, Amount, Total							358,000
Amortization, Year 4 [Member]
Share-based Payment Arrangement, Nonvested Award, Cost Not yet Recognized, Amount, Total							271,000
Amortization, Year 5 [Member]
Share-based Payment Arrangement, Nonvested Award, Cost Not yet Recognized, Amount, Total							200,000
Amortization, Year 6 [Member]
Share-based Payment Arrangement, Nonvested Award, Cost Not yet Recognized, Amount, Total							200,000
Amortization, Year 7 [Member]
Share-based Payment Arrangement, Nonvested Award, Cost Not yet Recognized, Amount, Total							133,000
Salaries, Wages and Benefits [Member]
Share-based compensation							430,000	736,000
Director [Member] | Salaries, Wages and Benefits [Member]
Share-based compensation							$ 90,000	$ 100,000
Restricted Stock [Member]
Number of Common Stock Accrued Under Share-based Compensation Plan (in shares)							63,182
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)							$ 36.46
Share-based compensation						$ 90,000
The 2014 Stock Option Plan [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Number of Shares Authorized (in shares)	750,000
The 2014 Stock Option Plan [Member] | Stock Award [Member] | Key Employees [Member]
Number of Common Stock Accrued Under Share-based Compensation Plan (in shares)		13,332			7,000
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)		$ 30.25			$ 56.45
The 2014 Stock Option Plan [Member] | Stock Award [Member] | Director [Member]
Number of Common Stock Accrued Under Share-based Compensation Plan (in shares)			242	2,608
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)			$ 41.40	$ 30.75
The 2014 Stock Option Plan [Member] | Stock Award [Member] | Chief Executive Officer [Member]
Number of Common Stock Accrued Under Share-based Compensation Plan (in shares)		40,000
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)		$ 35.37
The 2014 Stock Option Plan [Member] | Stock Award [Member] | Chief Executive Officer [Member] | Vesting In 2022 [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Rights, Number of Shares							$ 5,000
The 2014 Stock Option Plan [Member] | Stock Award [Member] | Chief Executive Officer [Member] | Vesting In 2025 [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Rights, Number of Shares							10,000
The 2014 Stock Option Plan [Member] | Stock Award [Member] | Chief Executive Officer [Member] | Vesting In 2023 [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Rights, Number of Shares							5,000
The 2014 Stock Option Plan [Member] | Stock Award [Member] | Chief Executive Officer [Member] | Vesting In 2024 [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Rights, Number of Shares							5,000
The 2014 Stock Option Plan [Member] | Stock Award [Member] | Chief Executive Officer [Member] | Vesting In 2027 [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Rights, Number of Shares							5,000
The 2014 Stock Option Plan [Member] | Stock Award [Member] | Chief Executive Officer [Member] | Vesting In 2026 [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Rights, Number of Shares							$ 10,000
The 2014 Stock Option Plan [Member] | Minimum [Member] | Restricted Stock [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Purchase Price of Common Stock, Percent	85.00%

Note E - Stock Based Compensati

Note E - Stock Based Compensation - Summary of Nonvested Restricted Stock (Details) - Restricted Stock [Member]	9 Months Ended
	Sep. 30, 2020$ / sharesshares
Non-vested (in shares) | shares	55,459
Nonvested - weighted average grant date fair value (in dollars per share) | $ / shares	$ 24.35
Granted (in shares) | shares	63,182
Granted - weighted average grant date fair value (in dollars per share) | $ / shares	$ 36.46
Canceled/forfeited/expired (in shares) | shares	(11,714)
Canceled/forfeited/expired - weighted average grant date fair value (in dollars per share) | $ / shares	$ 41.01
Vested (in shares) | shares	(36,184)
Vested - weighted average grant date fair value (in dollars per share) | $ / shares	$ 17.58
Non-vested (in shares) | shares	70,743
Nonvested - weighted average grant date fair value (in dollars per share) | $ / shares	$ 35.86

Note F - Segment Information (D

Note F - Segment Information (Details Textual)	9 Months Ended
	Sep. 30, 2020
Number of Operating Segments	2

Note F - Segment Information -

Note F - Segment Information - Segment Revenue Reconciliation (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2020	Sep. 30, 2019	Sep. 30, 2020	Sep. 30, 2019
Revenue, before fuel surcharges	$ 121,942	$ 128,994	$ 344,075	$ 390,680
Freight Transportation Service [Member]
Revenue, before fuel surcharges	$ 109,854	$ 110,149	$ 307,441	$ 332,846
Freight Transportation Service [Member] | Revenue Benchmark [Member] | Product Concentration Risk [Member]
Revenue, before fuel surcharges, percentage	100.00%	100.00%	100.00%	100.00%
Truckload Services [Member] | Freight Transportation Service [Member]
Revenue, before fuel surcharges	$ 82,949	$ 92,443	$ 244,217	$ 275,323
Truckload Services [Member] | Freight Transportation Service [Member] | Revenue Benchmark [Member] | Product Concentration Risk [Member]
Revenue, before fuel surcharges, percentage	75.50%	83.90%	79.40%	82.70%
Brokerage and Logistics Services [Member] | Freight Transportation Service [Member]
Revenue, before fuel surcharges	$ 26,905	$ 17,706	$ 63,224	$ 57,523
Brokerage and Logistics Services [Member] | Freight Transportation Service [Member] | Revenue Benchmark [Member] | Product Concentration Risk [Member]
Revenue, before fuel surcharges, percentage	24.50%	16.10%	20.60%	17.30%

Note G - Treasury Stock (Detail

Note G - Treasury Stock (Details Textual) - USD ($)	3 Months Ended						9 Months Ended
	Sep. 30, 2020	Jun. 30, 2020	Mar. 31, 2020	Sep. 30, 2019	Jun. 30, 2019	Mar. 31, 2019	Sep. 30, 2020	Dec. 31, 2019	Apr. 30, 2017
Treasury Stock, Value, Acquired, Cost Method	$ 1,472,000	$ 0	$ 321,000	$ 174,000	$ 11,823,000	$ 1,618,000
Treasury Stock, Shares, Ending Balance (in shares)	5,957,018						5,957,018	5,907,263
Treasury Stock, Value, Ending Balance	$ 158,630,000						$ 158,630,000	$ 156,837,000
September 2011 Reauthorization [Member]
Stock Repurchase Program, Number of Shares Authorized to be Repurchased (in shares)									500,000
Treasury Stock, Shares, Acquired (in shares)							49,755
Treasury Stock, Value, Acquired, Cost Method							$ 1,793,134

Note H - Earnings Per Share - C

Note H - Earnings Per Share - Computations of Basic and Diluted Earnings Per Share (Details) - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands	3 Months Ended						9 Months Ended
	Sep. 30, 2020	Jun. 30, 2020	Mar. 31, 2020	Sep. 30, 2019	Jun. 30, 2019	Mar. 31, 2019	Sep. 30, 2020	Sep. 30, 2019
Net income	$ 6,000	$ (823)	$ (1,304)	$ 4,581	$ 8,654	$ 8,301	$ 3,874	$ 21,536
Basic (in shares)	5,763			5,756			5,758	5,859
Dilutive effect of common stock equivalents (in shares)	5			43			17	48
Diluted weighted average common shares outstanding (in shares)	5,768			5,799			5,775	5,907
Basic (in dollars per share)	$ 1.04			$ 0.80			$ 0.67	$ 3.68
Diluted (in dollars per share)	$ 1.04			$ 0.79			$ 0.67	$ 3.65

Note I - Income Taxes (Details

Note I - Income Taxes (Details Textual) - USD ($) $ in Thousands	9 Months Ended
	Sep. 30, 2020	Sep. 30, 2019
Statute of Limitations (Year)	3 years
Open Tax Year	2016 2017 2018 2019
Income Tax Examination, Penalties and Interest Expense, Total	$ 0	$ 0
Effective Income Tax Rate Reconciliation, Percent, Total	18.33%	22.90%

Note J - Fair Value of Financ_3

Note J - Fair Value of Financial Instruments - Securities Measured at Fair Value on a Recurring Basis (Details) - USD ($) $ in Thousands	Sep. 30, 2020	Dec. 31, 2019
Marketable equity securities	$ 25,157	$ 29,521
Fair Value, Inputs, Level 1 [Member]
Marketable equity securities	25,157
Fair Value, Inputs, Level 2 [Member]
Marketable equity securities	0
Fair Value, Inputs, Level 3 [Member]
Marketable equity securities	$ 0

Note J - Fair Value of Financ_4

Note J - Fair Value of Financial Instruments - Fair Value of Long-term Debt Other Than Lines of Credit (Details) - Equipment Financing [Member] $ in Thousands	Sep. 30, 2020USD ($)
Reported Value Measurement [Member]
Long-term debt	$ 247,401
Estimate of Fair Value Measurement [Member]
Long-term debt	$ 248,711

Note K - Notes Payable (Details

Note K - Notes Payable (Details Textual) - Equipment Financing [Member] $ in Millions	9 Months Ended
	Sep. 30, 2020USD ($)
Revenue Equipment [Member]
Notes Payable, Total	$ 43.9
Terminal [Member]
Notes Payable, Total	$ 17.6
Terminal [Member] | Maximum [Member]
Debt Instrument, Term (Year)	10 years
Trucks [Member] | Minimum [Member]
Notes Payable, Number of Monthly Installments	36
Trailers [Member] | Maximum [Member]
Notes Payable, Number of Monthly Installments	84

Note L - Litigation (Details Te

Note L - Litigation (Details Textual) - The Violations under the Fair Labor Standards Act and the Arkansas Minimum Wage [Member] - USD ($)	9 Months Ended
	Sep. 30, 2020	Jul. 30, 2020
Loss Contingency, Estimate of Possible Loss		$ 16,500,000
Litigation Settlement, Amount Awarded to Other Party	$ 421,000

Note M - Leases (Details Textua

Note M - Leases (Details Textual) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2020	Sep. 30, 2019	Sep. 30, 2020	Sep. 30, 2019	Dec. 31, 2019
Operating Lease, Payments	$ 100		$ 400
Property, Plant and Equipment, Net, Ending Balance	419,045		419,045		$ 387,275
Accumulated Depreciation, Depletion and Amortization, Property, Plant, and Equipment, Ending Balance	196,931		196,931		$ 175,887
Depreciation, Total	13,403	$ 14,173	41,936	$ 40,974
Trucks under Operating Lease [Member]
Property, Plant and Equipment, Net, Ending Balance	53,400		53,400
Accumulated Depreciation, Depletion and Amortization, Property, Plant, and Equipment, Ending Balance	24,600		24,600
Depreciation, Total	1,400		4,900
Dock Space under Operating Lease [Member]
Property, Plant and Equipment, Net, Ending Balance	13,700		13,700
Accumulated Depreciation, Depletion and Amortization, Property, Plant, and Equipment, Ending Balance	1,200		1,200
Depreciation, Total	100		200
Leases without Early Cancellation Options [Member] | Other Noncurrent Assets [Member]
Operating Lease, Right-of-Use Asset	1,700		1,700
Operating Lease, Liability, Total	$ 1,700		$ 1,700
Trucks under Operating Lease [Member]
Lessor, Operating Lease, Term of Contract (Year)	5 years		5 years
Minimum [Member] | Shop and Office Leases with Early Cancellation Options [Member]
Lessee, Operating Lease, Term of Contract (Year)	1 year		1 year
Minimum [Member] | Leases without Early Cancellation Options [Member]
Lessee, Operating Lease, Term of Contract (Year)	3 years		3 years
Maximum [Member] | Shop and Office Leases with Early Cancellation Options [Member]
Lessee, Operating Lease, Term of Contract (Year)	5 years		5 years
Maximum [Member] | Leases without Early Cancellation Options [Member]
Lessee, Operating Lease, Term of Contract (Year)	5 years		5 years

Note M - Leases - Operating Lea

Note M - Leases - Operating Lease (Details) $ in Thousands	Sep. 30, 2020USD ($)
2020 (remaining)	$ 155
2021	627
2022	544
2023	340
2024	114
Total undiscounted operating lease payments	1,780
Less: Imputed interest	$ (93)
Weighted-average remaining lease term for operating leases (years) (Year)	3 years 14 days
Weighted-average discount rate for operating leases	3.60%
Accrued Expenses And Other Liabilities And Other Long-term Liabilities [Member]
Present value of operating lease liabilities	$ 1,687
Right-of-use assets (recorded in other non-current assets)	1,687
Total operating lease liabilities	1,687
Other Current Liabilities [Member]
Current lease liabilities (recorded in other current liabilities)	624
Other Noncurrent Liabilities [Member]
Long-term lease liabilities (recorded in other long-term liabilities)	$ 1,063

Note M - Leases - Lease Cost (D

Note M - Leases - Lease Cost (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2020	Sep. 30, 2019	Sep. 30, 2020	Sep. 30, 2019
Long-term	$ 140	$ 67	$ 412	$ 106
Short-term	527	563	1,671	1,649
Total	$ 667	$ 630	$ 2,083	$ 1,755

Note M - Leases - Lease Revenue

Note M - Leases - Lease Revenue (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2020	Sep. 30, 2019	Sep. 30, 2020	Sep. 30, 2019
Lease revenue	$ 1,491	$ 2,283	$ 5,706	$ 7,140
Trucks under Operating Lease [Member]
Lease revenue	1,322	2,244	5,302	7,024
Dock Space under Operating Lease [Member]
Lease revenue	$ 169	$ 39	$ 404	$ 116

Note M - Leases - Lease Receiva

Note M - Leases - Lease Receivables (Details) $ in Thousands	Sep. 30, 2020USD ($)
2020 (remaining)	$ 1,525
2021	5,019
2022	3,912
2023	2,735
2024	1,030
Thereafter	1
Total future minimum lease payments receivable	$ 14,222

Note O - Noncash Investing an_2

Note O - Noncash Investing and Financing Activities (Details Textual) $ in Millions	9 Months Ended
	Sep. 30, 2020USD ($)
Noncash or Part Noncash Acquisition, Fixed Assets Acquired	$ 43.9