Pamt (PAMT) 10-Q6 Nov 242024 Q3 Quarterly reportFinancial data

Company Profile

Document And Entity Information

Document And Entity Information - shares	9 Months Ended
Document And Entity Information - shares	Sep. 30, 2024	Oct. 16, 2024
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	2024
Document Type	10-Q
Document Quarterly Report	true
Document Period End Date	Sep. 30, 2024
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		21,782,534

Condensed Consolidated Balance

Condensed Consolidated Balance Sheets (Current Period Unaudited) - USD ($)	Sep. 30, 2024	Dec. 31, 2023
Current assets:
Cash and cash equivalents	$ 48,078,000	$ 100,614,000
Accounts receivable-net:
Trade, less current estimated credit loss of $6,009 and $7,717, respectively	93,673,000	80,604,000
Other	5,954,000	7,203,000
Inventories	2,332,000	2,321,000
Prepaid expenses and deposits	9,499,000	13,213,000
Marketable equity securities	44,205,000	43,203,000
Income taxes refundable	4,324,000	3,883,000
Total current assets	208,065,000	251,041,000
Property and equipment:
Land	30,426,000	23,078,000
Structures and improvements	55,943,000	43,552,000
Revenue equipment	726,196,000	689,173,000
Office furniture and equipment	15,908,000	15,328,000
Total property and equipment	828,473,000	771,131,000
Accumulated depreciation	(282,451,000)	(266,412,000)
Net property and equipment	546,022,000	504,719,000
Other assets	2,655,000	4,697,000
TOTAL ASSETS	756,742,000	760,457,000
Current liabilities:
Accounts payable	37,898,000	62,652,000
Accrued expenses and other liabilities	16,776,000	16,799,000
Current maturities of long-term debt	61,170,000	57,645,000
Total current liabilities	115,844,000	137,096,000
Long-term debt - less current portion	227,539,000	204,064,000
Deferred income taxes	104,195,000	104,331,000
Other long-term liabilities	250,000	750,000
Total liabilities	447,828,000	446,241,000
COMMITMENTS AND CONTINGENCIES (Note L)
STOCKHOLDERS' EQUITY
Preferred stock, $.01 par value, 10,000,000 shares authorized; none issued	0	0
Common stock, $.01 par value, 50,000,000 shares authorized; 22,364,120 and 22,317,671 shares issued; 21,782,534 and 22,021,341 shares outstanding at September 30, 2024 and December 31, 2023, respectively	224,000	223,000
Additional paid-in capital	40,999,000	40,825,000
Treasury stock, at cost; 581,586 and 296,330 shares at September 30, 2024 and December 31, 2023, respectively	(13,996,000)	(8,736,000)
Retained earnings	281,687,000	281,904,000
Total stockholders’ equity	308,914,000	314,216,000
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY	$ 756,742,000	$ 760,457,000

Condensed Consolidated Balanc_2

Condensed Consolidated Balance Sheets (Current Period Unaudited) (Parentheticals) - USD ($) $ in Thousands	Sep. 30, 2024	Dec. 31, 2023
Trade, allowance	$ 6,009	$ 7,717
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)	50,000,000	50,000,000
Common stock, issued (in shares)	22,364,120	22,317,671
Common stock, outstanding (in shares)	21,782,534	22,021,341
Treasury shares (in shares)	581,586	296,330

Condensed Consolidated Statemen

Condensed Consolidated Statements of Operations (Unaudited) - USD ($) shares in Thousands, $ in Thousands		3 Months Ended		9 Months Ended
		Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
OPERATING REVENUES:
Operating revenues		$ 182,577	$ 201,502	$ 548,116	$ 630,639
OPERATING EXPENSES AND COSTS:
Salaries, wages and benefits		44,736	46,032	132,559	142,138
Operating supplies and expenses		34,982	42,378	105,002	123,589
Rent and purchased transportation		73,129	78,595	221,210	244,020
Depreciation		17,741	15,552	55,381	47,805
Insurance and claims		4,768	5,146	15,093	25,205
Other		5,121	5,305	18,052	17,936
Gain on disposition of equipment		(209)	(339)	(109)	(1,175)
Total operating expenses and costs		180,268	192,669	547,188	599,518
OPERATING INCOME		2,309	8,833	928	31,121
NON-OPERATING INCOME		3,744	1,638	7,891	3,729
INTEREST EXPENSE		(2,936)	(2,046)	(9,104)	(6,565)
INCOME/(LOSS) BEFORE INCOME TAXES		3,117	8,425	(285)	28,285
FEDERAL AND STATE INCOME TAX EXPENSE/(BENEFIT):
Current		9	(2,313)	68	1,667
Deferred		696	4,641	(136)	5,970
Total federal and state income tax expense/(benefit)		705	2,328	(68)	7,637
Net income		$ 2,412	$ 6,097	$ (217)	$ 20,648
INCOME/(LOSS) PER COMMON SHARE:
Basic (in dollars per share)		$ 0.11	$ 0.28	$ (0.01)	$ 0.94
Diluted (in dollars per share)		$ 0.11	$ 0.28	$ (0.01)	$ 0.93
AVERAGE COMMON SHARES OUTSTANDING:
Basic (in shares)	[1]	21,771	22,021	21,911	22,068
Diluted (in shares)	[1]	21,825	22,139	21,911	22,219
Freight Transportation Service [Member]
OPERATING REVENUES:
Operating revenues		$ 160,799	$ 174,348	$ 481,980	$ 549,885
Fuel Surcharge [Member]
OPERATING REVENUES:
Operating revenues		$ 21,778	$ 27,154	$ 66,136	$ 80,754

[1]As adjusted for the Company’s 2-for-1 forward stock splits paid in August 2021 and March 2022, respectively.

Condensed Consolidated Statem_2

Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)	9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023
OPERATING ACTIVITIES:
Net (loss)/income	$ (217,000)	$ 20,648,000
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation	55,381,000	47,805,000
Bad debt expense	2,445,000	2,081,000
Stock compensation-net of excess tax benefits	550,000	387,000
Provision for deferred income taxes	(136,000)	5,970,000
(Gain)/loss on marketable equity securities	(3,907,000)	422,000
Gain on disposition of equipment	(109,000)	(1,175,000)
Loss/(gain) on sale of marketable equity securities	108,000	(88,000)
Changes in operating assets and liabilities:
Accounts receivable	(14,264,000)	34,827,000
Prepaid expenses, deposits, inventories, and other assets	5,631,000	4,119,000
Income taxes payable	(441,000)	(2,772,000)
Trade accounts payable	(463,000)	(7,849,000)
Accrued expenses and other liabilities	(786,000)	(10,571,000)
Net cash provided by operating activities	43,792,000	93,804,000
INVESTING ACTIVITIES:
Purchases of property and equipment	(85,577,000)	(26,784,000)
Proceeds from disposition of equipment	27,849,000	15,727,000
Sales of marketable equity securities	2,797,000	143,000
Net cash used in investing activities	(54,931,000)	(10,914,000)
FINANCING ACTIVITIES:
Borrowings under line of credit	569,628,000	692,253,000
Repayments under line of credit	(569,628,000)	(692,253,000)
Borrowings of long-term debt	11,894,000	0
Repayments of long-term debt	(48,032,000)	(49,029,000)
Borrowings under margin account	0	38,000
Repayments under margin account	0	(951,000)
Repurchases of common stock	(5,259,000)	(4,736,000)
Net cash used in financing activities	(41,397,000)	(54,678,000)
NET (DECREASE)/INCREASE IN CASH, CASH EQUIVALENTS AND RESTRICTED CASH	(52,536,000)	28,212,000
CASH, CASH EQUIVALENTS AND RESTRICTED CASH -Beginning of period	100,614,000	74,087,000
CASH, CASH EQUIVALENTS AND RESTRICTED CASH -End of period	48,078,000	102,299,000
SUPPLEMENTAL DISCLOSURES OF CASH FLOW INFORMATION:
Interest	9,146,000	7,111,000
Income taxes	673,000	4,768,000
NONCASH INVESTING AND FINANCING ACTIVITIES:
Purchases of property and equipment included in accounts payable	$ 856,000	$ 17,017,000

Condensed Consolidated Statem_3

Condensed Consolidated Statements of Stockholders' Equity (Unaudited) - USD ($) $ in Thousands	Common Stock Outstanding [Member]	Common Stock [Member]	Additional Paid-in Capital [Member]	Treasury Stock, Common [Member]	Retained Earnings [Member]	Total
Balance (in shares) at Dec. 31, 2022	22,166,000
Balance at Dec. 31, 2022		$ 223	$ 40,472	$ (4,000)	$ 263,488	$ 300,183
Net Income		0	0	0	5,231	5,231
Restricted stock issued (in shares)	7,000
Stock based compensation		0	208	0	0	208
Treasury stock repurchases (in shares)	(123,000)
Treasury stock repurchases		0	0	(3,516)	0	(3,516)
Net Income		0	0	0	5,231	5,231
Balance (in shares) at Mar. 31, 2023	22,050,000
Balance at Mar. 31, 2023		223	40,680	(7,516)	268,719	302,106
Balance (in shares) at Dec. 31, 2022	22,166,000
Balance at Dec. 31, 2022		223	40,472	(4,000)	263,488	300,183
Net Income						20,648
Net Income						20,648
Balance (in shares) at Sep. 30, 2023	22,021
Balance at Sep. 30, 2023		223	40,660	(8,736)	284,135	316,282
Balance (in shares) at Mar. 31, 2023	22,050,000
Balance at Mar. 31, 2023		223	40,680	(7,516)	268,719	302,106
Net Income		0	0	0	9,319	9,319
Restricted stock issued (in shares)	6,000
Stock based compensation		0	34	0	0	34
Treasury stock repurchases (in shares)	(21,000)
Treasury stock repurchases		0	0	(579)	0	(579)
Net Income		0	0	0	9,319	9,319
Balance (in shares) at Jun. 30, 2023	22,035,000
Balance at Jun. 30, 2023		223	40,714	(8,095)	278,038	310,880
Net Income		0	0	0	6,097	6,097
Restricted stock issued (in shares)	11
Stock based compensation		0	145	0	0	145
Treasury stock repurchases (in shares)	(25)
Treasury stock repurchases		0	0	(641)	0	(641)
Net Income		0	0	0	6,097	6,097
Restricted stock net settlement		0	199	0	0	199
Restricted stock net settlement		0	(199)	0	0	(199)
Balance (in shares) at Sep. 30, 2023	22,021
Balance at Sep. 30, 2023		223	40,660	(8,736)	284,135	316,282
Balance (in shares) at Dec. 31, 2023	22,021
Balance at Dec. 31, 2023		223	40,825	(8,736)	281,904	314,216
Net Income		0	0	0	281	281
Restricted stock issued (in shares)	14
Restricted stock issued		0	(46)	0	0	(46)
Stock based compensation		0	192	0	0	192
Net Income		0	0	0	281	281
Balance (in shares) at Mar. 31, 2024	22,035
Balance at Mar. 31, 2024		223	40,971	(8,736)	282,185	314,643
Balance (in shares) at Dec. 31, 2023	22,021
Balance at Dec. 31, 2023		223	40,825	(8,736)	281,904	314,216
Net Income						(217)
Net Income						(217)
Balance (in shares) at Sep. 30, 2024	21,783
Balance at Sep. 30, 2024		224	40,999	(13,996)	281,687	308,914
Balance (in shares) at Mar. 31, 2024	22,035
Balance at Mar. 31, 2024		223	40,971	(8,736)	282,185	314,643
Net Income		0	0	0	(2,910)	(2,910)
Restricted stock issued (in shares)	5
Stock based compensation		0	200	0	0	200
Treasury stock repurchases (in shares)	(285)
Treasury stock repurchases		0	0	(5,259)	0	(5,259)
Net Income		0	0	0	(2,910)	(2,910)
Balance (in shares) at Jun. 30, 2024	21,755
Balance at Jun. 30, 2024		223	41,171	(13,995)	279,275	306,674
Net Income		0	0	0	2,412	2,412
Restricted stock issued (in shares)	28
Restricted stock issued		1
Stock based compensation		0	157	0	0	157
Treasury stock repurchases (in shares)	0
Treasury stock repurchases		0	0	(1)	0	0
Net Income		0	0	0	2,412	2,412
Restricted stock net settlement		0	(329)	0	0	(329)
Restricted stock net settlement		0	329	0	0	329
Balance (in shares) at Sep. 30, 2024	21,783
Balance at Sep. 30, 2024		$ 224	$ 40,999	$ (13,996)	$ 281,687	$ 308,914

Note A - Basis of Presentation

Note A - Basis of Presentation	9 Months Ended
Note A - Basis of Presentation	Sep. 30, 2024
Notes to Financial Statements
Basis of Accounting [Text Block]	NOTE A: BASIS OF PRESENTATION In accordance with generally accepted accounting principles (“GAAP”) and applicable rules of the Securities and Exchange Commission, the information reported in this Quarterly Report on Form 10 10 The accompanying unaudited condensed consolidated financial statements have been prepared in accordance with GAAP for interim financial information and with the instructions to Form 10 10 X. not December 31, 2023 not nine September 30, 2024 not may December 31, 2024. 10 December 31, 2023.

Note B - Recent Accounting Pron

Note B - Recent Accounting Pronouncements	9 Months Ended
Note B - Recent Accounting Pronouncements	Sep. 30, 2024
Notes to Financial Statements
Accounting Standards Update and Change in Accounting Principle [Text Block]	NOTE B: RECENT ACCOUNTING PRONOUNCEMENTS In November 2023, 2023 07, 280 2023 07 December 15, 2023 December 15, 2024, In December 2023, No. 2023 09, 2023 09” 2023 09 December 15, 2024, not The Company considered the applicability and impact of ASU’s 2023 07, 2023 09 not not September 30, 2024. not September 30, 2024.

Note C - Revenue Recognition

Note C - Revenue Recognition	9 Months Ended
Note C - Revenue Recognition	Sep. 30, 2024
Notes to Financial Statements
Revenue from Contract with Customer [Text Block]	NOTE C: REVENUE RECOGNITION The Company has a single performance obligation, which is 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 customers receive 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
Note D - Marketable Equity Securities	Sep. 30, 2024
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, 2024 December 31, 2023. September 30, 2024 December 31, 2023 (in thousands) Fair market value $ 44,205 $ 43,203 Cost 27,402 30,294 Unrealized gain $ 16,803 $ 12,909 The following table sets forth the gross unrealized gains and losses on the Company’s marketable securities as of September 30, 2024 December 31, 2023. September 30, 2024 December 31, 2023 (in thousands) Gross unrealized gains $ 18,183 $ 15,539 Gross unrealized losses 1,380 2,630 Net unrealized gain $ 16,803 $ 12,909 The following table shows the Company’s net realized gains during the three nine September 30, 2024 2023, Three Months Ended Nine Months Ended September 30, September 30, 2024 2023 2024 2023 (in thousands) Sales proceeds $ 166 $ 343 $ 2,797 $ 343 Cost of securities sold 90 255 2,905 255 Realized gain/(loss) $ 76 $ 88 $ (108 ) $ 88 For the quarter ended September 30, 2024, nine September 30, 2024, The Company’s equity securities are periodically used as collateral against any outstanding margin account borrowings. As of September 30, 2024, no December 31, 2023, Our marketable equity securities portfolio had a net unrealized pre-tax gain in market value of approximately $2,365,000 during the third 2024, third 2023,

Note E - Stock-based Compensati

Note E - Stock-based Compensation	9 Months Ended
Note E - Stock-based Compensation	Sep. 30, 2024
Notes to Financial Statements
Compensation and Employee Benefit Plans [Text Block]	NOTE E: STOCK-BASED COMPENSATION The Company has maintained a stock incentive plan (the “Plan”) under which incentive and nonqualified stock options and other stock awards may not March 13, 2024, no may February 15, 2024, 2024 “2024 2024 During May 2024, The total grant date fair value of stock vested during the first nine 2024 first nine 2024, first nine 2024. September 30, 2024, 2024 2025, 2026, 2027, The total grant date fair value of stock vested during the first nine 2023 first nine 2023, first nine 2023. September 30, 2023, A summary of the status of the Company’s non-vested restricted stock as of September 30, 2024, nine September 30, 2024, Restricted Stock Number of Shares Weighted- Average Grant Date Fair Value Non-vested at January 1, 2024 198,859 $ 14.07 Granted 2,130 17.60 Canceled/forfeited/expired (2,633 ) 32.63 Vested (68,015 ) 13.64 Non-vested at September 30, 2024 130,341 $ 13.98

Note F - Segment Information

Note F - Segment Information	9 Months Ended
Note F - Segment Information	Sep. 30, 2024
Notes to Financial Statements
Segment Reporting and Concentration Risk 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, 2024 2023 2024 2023 Amount % Amount % Amount % Amount % (in thousands) Truckload Services revenue $ 110,609 68.8 $ 112,257 64.4 $ 319,363 66.3 $ 357,681 65.1 Brokerage and Logistics Services revenue 50,190 31.2 62,091 35.6 162,617 33.7 192,204 34.9 Total revenues $ 160,799 100.0 $ 174,348 100.0 $ 481,980 100.0 $ 549,885 100.0

Note G - Treasury Stock

Note G - Treasury Stock	9 Months Ended
Note G - Treasury Stock	Sep. 30, 2024
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 July 2023, September 2011 nine September 30, 2024, September 30, 2024, On April 24, 2024, not May 22, 2024, September 30, 2024. The Company accounts for treasury stock using the cost method. As of September 30, 2024,

Note H - Earnings Per Share

Note H - Earnings Per Share	9 Months Ended
Note H - Earnings Per Share	Sep. 30, 2024
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, 2024 2023 2024 2023 (in thousands, except per share data) Net income $ 2,412 $ 6,097 $ (217 ) $ 20,648 Basic weighted average common shares outstanding 21,771 22,021 21,911 22,068 Dilutive effect of common stock equivalents 54 118 - 151 Diluted weighted average common shares outstanding 21,825 22,139 21,911 22,219 Basic earnings per share $ 0.11 $ 0.28 $ (0.01 ) $ 0.94 Diluted earnings per share $ 0.11 $ 0.28 $ (0.01 ) $ 0.93

Note I - Income Taxes

Note I - Income Taxes	9 Months Ended
Note I - Income Taxes	Sep. 30, 2024
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 limitations period of three In determining whether a tax asset valuation allowance is necessary, management, in accordance with the provisions of ASC 740 10 30, Accounting for Income Taxes September 30, 2024, not The Company recognizes a tax benefit from an uncertain tax position only if it is more likely than not September 30, 2024, not nine September 30, 2024 2023, not The Company’s effective income tax rates were 23.8% and 27.0% for the nine September 30, 2024 2023, nine September 30, 2024

Note J - Fair Value of Financia

Note J - Fair Value of Financial Instruments	9 Months Ended
Note J - Fair Value of Financial Instruments	Sep. 30, 2024
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, 2024, Total Level 1 Level 2 Level 3 (in thousands) Marketable equity securities $ 44,205 $ 44,205 - - 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, 2024 Carrying Value Estimated Fair Value (in thousands) Long-term debt $ 288,709 $ 280,446 The Company has not

Note K - Notes Payable

Note K - Notes Payable	9 Months Ended
Note K - Notes Payable	Sep. 30, 2024
Notes to Financial Statements
Long-Term Debt [Text Block]	NOTE K: NOTES PAYABLE During the first nine 2024,

Note L - Litigation

Note L - Litigation	9 Months Ended
Note L - Litigation	Sep. 30, 2024
Notes to Financial Statements
Commitments and Contingencies Disclosure [Text Block]	NOTE L: LITIGATION We are involved in certain claims and pending litigation arising from the ordinary conduct of business. We also provide accruals for claims within our self-insured retention amounts. We are currently self-insured for certain layers of auto liability claims in excess of $2.0 million. Therefore, we specifically reserve for claims that are expected to exceed $2.0 million when fully developed, based on the facts and circumstances of those claims. If we experience claims that are not

Note M - Leases

Note M - Leases	9 Months Ended
Note M - Leases	Sep. 30, 2024
Notes to Financial Statements
Lessor, Operating Leases [Text Block]	NOTE M: LEASES 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 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. Right-of-Use Leases The Company is party to operating leases that included initial terms ranging from three five not one 842, not one not September 30, 2024. Cash Flows No nine September 30, 2024. nine September 30, 2024, Operating Lease Costs Three Months Ended Nine Months Ended September 30, September 30, 2024 2023 2024 2023 (in thousands) Long-term $ - $ 83 $ 114 $ 246 Short-term 927 831 2,608 2,327 Total $ 927 $ 914 $ 2,722 $ 2,573 Lease Revenue The Company's operating lease revenue is disclosed in the table below. Three Months Ended Nine Months Ended September 30, September 30, 2024 2023 2024 2023 (in thousands) Leased truck revenue (recorded in revenue, before fuel surcharge) $ 2,630 $ 1,952 $ 7,122 $ 6,070 Leased building space revenue (recorded in non-operating income) 121 99 360 296 Total lease revenue $ 2,751 $ 2,051 $ 7,482 $ 6,366 The Company leases trucks to owner-operators under operating leases, which generally have a term of up to five As of September 30, 2024, not September 30, 2024, The Company leases dock space to a related party at our Laredo, Texas terminal. The dock space is depreciated in conjunction with the structures and improvements for the entire Laredo terminal on a straight-line basis over the estimated useful life of the assets. Lease income is recorded as a component of non-operating income in our condensed consolidated statements of operations. Lease Receivables Future minimum operating lease payments receivable at September 30, 2024: (in thousands) 2024 (remaining) $ 2,612 2025 9,649 2026 6,120 2027 108 2028 and thereafter - Total future minimum lease payments receivable $ 18,489

Note N - Noncash Investing and

Note N - Noncash Investing and Financing Activities	9 Months Ended
Note N - Noncash Investing and Financing Activities	Sep. 30, 2024
Notes to Financial Statements
Noncash Investing and Financing Activities Disclosure [Text Block]	NOTE N: NONCASH INVESTING AND FINANCING ACTIVITIES The Company financed approximately $75.0 million in equipment purchases during the first nine 2024

Insider Trading Arrangements

Insider Trading Arrangements	3 Months Ended
Insider Trading Arrangements	Sep. 30, 2024
Insider Trading Arr Line Items
Rule 10b5-1 Arrangement Adopted [Flag]	false
Non-Rule 10b5-1 Arrangement Adopted [Flag]	false
Rule 10b5-1 Arrangement Terminated [Flag]	false
Non-Rule 10b5-1 Arrangement Terminated [Flag]	false

Note D - Marketable Equity Se_2

Note D - Marketable Equity Securities (Tables)	9 Months Ended
Note D - Marketable Equity Securities (Tables)	Sep. 30, 2024
Notes Tables
Marketable Securities [Table Text Block]	September 30, 2024 December 31, 2023 (in thousands) Fair market value $ 44,205 $ 43,203 Cost 27,402 30,294 Unrealized gain $ 16,803 $ 12,909
Unrealized Gain (Loss) on Investments [Table Text Block]	September 30, 2024 December 31, 2023 (in thousands) Gross unrealized gains $ 18,183 $ 15,539 Gross unrealized losses 1,380 2,630 Net unrealized gain $ 16,803 $ 12,909
Schedule of Realized Gain (Loss) [Table Text Block]	Three Months Ended Nine Months Ended September 30, September 30, 2024 2023 2024 2023 (in thousands) Sales proceeds $ 166 $ 343 $ 2,797 $ 343 Cost of securities sold 90 255 2,905 255 Realized gain/(loss) $ 76 $ 88 $ (108 ) $ 88

Note E - Stock-based Compensa_2

Note E - Stock-based Compensation (Tables)	9 Months Ended
Note E - Stock-based Compensation (Tables)	Sep. 30, 2024
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, 2024 198,859 $ 14.07 Granted 2,130 17.60 Canceled/forfeited/expired (2,633 ) 32.63 Vested (68,015 ) 13.64 Non-vested at September 30, 2024 130,341 $ 13.98

Note F - Segment Information (T

Note F - Segment Information (Tables)	9 Months Ended
Note F - Segment Information (Tables)	Sep. 30, 2024
Notes Tables
Reconciliation of Revenue from Segments to Consolidated [Table Text Block]	Three Months Ended September 30, Nine Months Ended September 30, 2024 2023 2024 2023 Amount % Amount % Amount % Amount % (in thousands) Truckload Services revenue $ 110,609 68.8 $ 112,257 64.4 $ 319,363 66.3 $ 357,681 65.1 Brokerage and Logistics Services revenue 50,190 31.2 62,091 35.6 162,617 33.7 192,204 34.9 Total revenues $ 160,799 100.0 $ 174,348 100.0 $ 481,980 100.0 $ 549,885 100.0

Note H - Earnings Per Share (Ta

Note H - Earnings Per Share (Tables)	9 Months Ended
Note H - Earnings Per Share (Tables)	Sep. 30, 2024
Notes Tables
Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]	Three Months Ended Nine Months Ended September 30, September 30, 2024 2023 2024 2023 (in thousands, except per share data) Net income $ 2,412 $ 6,097 $ (217 ) $ 20,648 Basic weighted average common shares outstanding 21,771 22,021 21,911 22,068 Dilutive effect of common stock equivalents 54 118 - 151 Diluted weighted average common shares outstanding 21,825 22,139 21,911 22,219 Basic earnings per share $ 0.11 $ 0.28 $ (0.01 ) $ 0.94 Diluted earnings per share $ 0.11 $ 0.28 $ (0.01 ) $ 0.93

Note J - Fair Value of Financ_2

Note J - Fair Value of Financial Instruments (Tables)	9 Months Ended
Note J - Fair Value of Financial Instruments (Tables)	Sep. 30, 2024
Notes Tables
Fair Value, Assets Measured on Recurring Basis [Table Text Block]	Total Level 1 Level 2 Level 3 (in thousands) Marketable equity securities $ 44,205 $ 44,205 - -
Fair Value, by Balance Sheet Grouping [Table Text Block]	Carrying Value Estimated Fair Value (in thousands) Long-term debt $ 288,709 $ 280,446

Note M - Leases (Tables)

Note M - Leases (Tables)	9 Months Ended
Note M - Leases (Tables)	Sep. 30, 2024
Notes Tables
Lease, Cost [Table Text Block]	Three Months Ended Nine Months Ended September 30, September 30, 2024 2023 2024 2023 (in thousands) Long-term $ - $ 83 $ 114 $ 246 Short-term 927 831 2,608 2,327 Total $ 927 $ 914 $ 2,722 $ 2,573
Operating Lease, Lease Income [Table Text Block]	Three Months Ended Nine Months Ended September 30, September 30, 2024 2023 2024 2023 (in thousands) Leased truck revenue (recorded in revenue, before fuel surcharge) $ 2,630 $ 1,952 $ 7,122 $ 6,070 Leased building space revenue (recorded in non-operating income) 121 99 360 296 Total lease revenue $ 2,751 $ 2,051 $ 7,482 $ 6,366
Lessor, Operating Lease, Payment to be Received, Maturity [Table Text Block]	(in thousands) 2024 (remaining) $ 2,612 2025 9,649 2026 6,120 2027 108 2028 and thereafter - Total future minimum lease payments receivable $ 18,489

Note D - Marketable Equity Se_3

Note D - Marketable Equity Securities (Details Textual) - USD ($)	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023	Dec. 31, 2023
Investment Income, Dividend	$ 356,000		$ 1,104,000
Equity Securities, FV-NI, Unrealized Gain (Loss)	2,365,000	$ 119,000	3,907,000	$ (422,000)
Margin Account Borrowings [Member] \| Accrued Expenses And Other Liabilities And Other Long-term Liabilities [Member]
Short-Term Debt	$ 0		$ 0		$ 0

Note D - Marketable Equity Se_4

Note D - Marketable Equity Securities - Securities Classified As Available-for-sale (Details) - USD ($) $ in Thousands	Sep. 30, 2024	Dec. 31, 2023
Fair market value	$ 44,205	$ 43,203
Cost	27,402	30,294
Unrealized gain	$ 16,803	$ 12,909

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, 2024	Dec. 31, 2023
Gross unrealized gains	$ 18,183	$ 15,539
Gross unrealized losses	1,380	2,630
Unrealized gain	$ 16,803	$ 12,909

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, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Sales proceeds	$ 166	$ 343	$ 2,797	$ 343
Cost of securities sold	90	255	2,905	255
Realized gain/(loss)	$ 76	$ 88	$ (108)	$ 88

Note E - Stock-based Compensa_3

Note E - Stock-based Compensation (Details Textual) - USD ($)		1 Months Ended	6 Months Ended	9 Months Ended
	May 29, 2014	May 31, 2024	Jun. 30, 2023	Sep. 30, 2024	Sep. 30, 2023	Feb. 15, 2024	Dec. 31, 2023
Share-Based Compensation Arrangement by Share-Based Payment Award, Options, Vested in Period, Fair Value				$ 928,000	$ 576,000
Allocated Share-based Compensation Expense, Impact on Earnings Per Share, Diluted (in dollars per share)			$ 0.01	$ 0.02
Share-Based Payment Arrangement, Nonvested Award, Cost Not yet Recognized, Amount				$ 1,536,000	2,687,000
Amortization, Current Year [Member]
Share-Based Payment Arrangement, Nonvested Award, Cost Not yet Recognized, Amount				186,000
Amortization, Next Year [Member]
Share-Based Payment Arrangement, Nonvested Award, Cost Not yet Recognized, Amount				741,000
Amortization Year 2 [Member]
Share-Based Payment Arrangement, Nonvested Award, Cost Not yet Recognized, Amount				476,000
Amortization, Year 3 [Member]
Share-Based Payment Arrangement, Nonvested Award, Cost Not yet Recognized, Amount				133,000
Salaries, Wages and Benefits [Member]
Share-Based Payment Arrangement, Expense				550,000	$ 387,000
Director [Member] \| Salaries, Wages and Benefits [Member]
Share-Based Payment Arrangement, Expense			$ 55,000	$ 38,000
Restricted Stock [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award, Equity Instruments Other than Options, Grants in Period (in shares)				2,130
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)				$ 17.6
Unrestricted Shares [Member] \| Share-Based Payment Arrangement, Nonemployee [Member] \| Director [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award, Equity Instruments Other than Options, Grants in Period (in shares)		2,130
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)		$ 17.6
The 2014 Stock Option Plan [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award, Number of Shares Authorized (in shares)							3,000,000
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%
The 2024 Plan [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award, Number of Shares Authorized (in shares)						1,600,000

Note E - Stock-based Compensa_4

Note E - Stock-based Compensation - Summary of Nonvested Restricted Stock (Details) - Restricted Stock [Member]	9 Months Ended
	Sep. 30, 2024 $ / shares shares
Non-vested (in shares) \| shares	198,859
Nonvested - weighted average grant date fair value (in dollars per share) \| $ / shares	$ 14.07
Granted (in shares) \| shares	2,130
Granted - weighted average grant date fair value (in dollars per share) \| $ / shares	$ 17.6
Canceled/forfeited/expired (in shares) \| shares	(2,633)
Canceled/forfeited/expired - weighted average grant date fair value (in dollars per share) \| $ / shares	$ 32.63
Vested (in shares) \| shares	(68,015)
Vested - weighted average grant date fair value (in dollars per share) \| $ / shares	$ 13.64
Non-vested (in shares) \| shares	130,341
Nonvested - weighted average grant date fair value (in dollars per share) \| $ / shares	$ 13.98

Note F - Segment Information (D

Note F - Segment Information (Details Textual)	9 Months Ended
Note F - Segment Information (Details Textual)	Sep. 30, 2024
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, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Revenue, before fuel surcharges	$ 182,577	$ 201,502	$ 548,116	$ 630,639
Freight Transportation Service [Member]
Revenue, before fuel surcharges	$ 160,799	$ 174,348	481,980	549,885
Freight Transportation Service [Member] \| Revenue Benchmark [Member] \| Product Concentration Risk [Member]
Revenue, before fuel surcharges			$ 481,980	$ 549,885
Revenue, before fuel surcharges, percentage	100%	100%	100%	100%
Truckload Services [Member] \| Freight Transportation Service [Member]
Revenue, before fuel surcharges	$ 110,609	$ 112,257
Truckload Services [Member] \| Freight Transportation Service [Member] \| Revenue Benchmark [Member] \| Product Concentration Risk [Member]
Revenue, before fuel surcharges			$ 319,363	$ 357,681
Revenue, before fuel surcharges, percentage	68.80%	64.40%	66.30%	65.10%
Brokerage and Logistics Services [Member] \| Freight Transportation Service [Member]
Revenue, before fuel surcharges	$ 50,190	$ 62,091
Brokerage and Logistics Services [Member] \| Freight Transportation Service [Member] \| Revenue Benchmark [Member] \| Product Concentration Risk [Member]
Revenue, before fuel surcharges			$ 162,617	$ 192,204
Revenue, before fuel surcharges, percentage	31.20%	35.60%	33.70%	34.90%

Note G - Treasury Stock (Detail

Note G - Treasury Stock (Details Textual) - USD ($)			9 Months Ended
Note G - Treasury Stock (Details Textual) - USD ($)	May 22, 2024	Apr. 24, 2024	Sep. 30, 2024	Dec. 31, 2023	Sep. 01, 2011
Treasury Stock, Common, Value			$ 13,996,000	$ 8,736,000
Treasury Stock, Common, Shares (in shares)			581,586	296,330
September 2011 Reauthorization [Member]
Share Repurchase Program, Authorized, Number of Shares (in shares)					500,000
Treasury Stock, Shares, Acquired (in shares)			1,050
Treasury Stock, Common, Value			$ 17,000
Share Repurchase Program, Remaining Authorized, Number of Shares (in shares)			474,016
Shares Repurchase Tender Offer [Member]
Treasury Stock, Shares, Acquired (in shares)	284,206
Treasury Stock, Common, Value	$ 5,100,000
Shares Acquired, Average Cost Per Share (in dollars per share)	$ 18
Shares Repurchase Tender Offer [Member] \| Maximum [Member]
Share Repurchase Program, Authorized, Number of Shares (in shares)		550,000
Treasury Stock, Authorized to Repurchase, Purchase Price (in dollars per share)		$ 18
Shares Repurchase Tender Offer [Member] \| Minimum [Member]
Treasury Stock, Authorized to Repurchase, Purchase Price (in dollars per share)		$ 15.5

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, 2024	Jun. 30, 2024	Mar. 31, 2024	Sep. 30, 2023	Jun. 30, 2023	Mar. 31, 2023	Sep. 30, 2024	Sep. 30, 2023
Net Income		$ 2,412	$ (2,910)	$ 281	$ 6,097	$ 9,319	$ 5,231	$ (217)	$ 20,648
Basic weighted average common shares outstanding (in shares)	[1]	21,771			22,021			21,911	22,068
Dilutive effect of common stock equivalents (in shares)		54			118			0	151
Diluted weighted average common shares outstanding (in shares)	[1]	21,825			22,139			21,911	22,219
Basic earnings per share (in dollars per share)		$ 0.11			$ 0.28			$ (0.01)	$ 0.94
Diluted earnings per share (in dollars per share)		$ 0.11			$ 0.28			$ (0.01)	$ 0.93

[1]As adjusted for the Company’s 2-for-1 forward stock splits paid in August 2021 and March 2022, respectively.

Note I - Income Taxes (Details

Note I - Income Taxes (Details Textual) - USD ($) $ in Thousands	9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023
Statute of Limitations (Year)	3 years
Open Tax Year	2020
Income Tax Examination, Penalties and Interest Expense	$ 0
Effective Income Tax Rate Reconciliation, Percent	23.80%	27%

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, 2024	Dec. 31, 2023
Marketable equity securities	$ 44,205	$ 43,203
Fair Value, Inputs, Level 1 [Member]
Marketable equity securities	$ 44,205

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, 2024 USD ($)
Reported Value Measurement [Member]
Long-term debt	$ 288,709
Estimate of Fair Value Measurement [Member]
Long-term debt	$ 280,446

Note K - Notes Payable (Details

Note K - Notes Payable (Details Textual) $ in Millions	9 Months Ended
Note K - Notes Payable (Details Textual) $ in Millions	Sep. 30, 2024 USD ($)
Notes Payable	$ 75
Minimum [Member] \| Notes Payable [Member]
Debt Instrument, Term (Month)	60 months
Maximum [Member] \| Notes Payable [Member]
Debt Instrument, Term (Month)	84 months

Note L - Litigation (Details Te

Note L - Litigation (Details Textual) - USD ($) $ in Millions	Jun. 30, 2023	Sep. 01, 2020
Self Insurance Auto Liability Claims Threshold Amount		$ 2
Minimum [Member]
Self Insurance Liability Claims, Exceeding Amount Reserve Threshold	$ 2

Note M - Leases (Details Textua

Note M - Leases (Details Textual) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
Note M - Leases (Details Textual) - USD ($) $ in Thousands	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023	Dec. 31, 2023
Operating Lease, Payments			$ 100
Property, Plant and Equipment, Net	$ 546,022		546,022		$ 504,719
Accumulated Depreciation, Depletion and Amortization, Property, Plant, and Equipment	282,451		282,451		$ 266,412
Depreciation	$ 17,741	$ 15,552	$ 55,381	$ 47,805
Trucks under Operating Lease [Member]
Lessor, Operating Lease, Term of Contract (Year)	5 years		5 years
Property, Plant and Equipment, Net	$ 66,600		$ 66,600
Accumulated Depreciation, Depletion and Amortization, Property, Plant, and Equipment	28,700		$ 28,700
Depreciation	$ 2,000
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 - Lease Cost (D

Note M - Leases - Lease Cost (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Long-term	$ 0	$ 83	$ 114	$ 246
Short-term	927	831	2,608	2,327
Total	$ 927	$ 914	$ 2,722	$ 2,573

Note M - Leases - Lease Revenue

Note M - Leases - Lease Revenue (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Lease revenue	$ 2,751	$ 2,051	$ 7,482	$ 6,366
Trucks under Operating Lease [Member]
Lease revenue	2,630	1,952	7,122	6,070
Dock Space under Operating Lease [Member]
Lease revenue	$ 121	$ 99	$ 360	$ 296

Note M - Leases - Lease Receiva

Note M - Leases - Lease Receivables (Details) $ in Thousands	Sep. 30, 2024 USD ($)
2024 (remaining)	$ 2,612
2025	9,649
2026	6,120
2027	108
2028 and thereafter	0
Total future minimum lease payments receivable	$ 18,489

Note N - Noncash Investing an_2

Note N - Noncash Investing and Financing Activities (Details Textual) $ in Millions	9 Months Ended
	Sep. 30, 2024 USD ($)
Noncash or Part Noncash Acquisition, Fixed Assets Acquired	$ 75