| ASSETS |
| Cash and cash equivalents |
3.89M |
| Short-term investments held for trading |
| Accounts receivable, net of allowance for doubtful accounts |
131.49M |
| Notes receivable, net of allowance for doubtful accounts |
| Related party notes and interest receivable |
574K |
| Prepaid expenses |
16.67M |
| Assets held for sale |
| Other current assets |
8.51M |
| Income tax receivable |
8.85M |
| Current deferred tax asset |
| Total current assets |
188.32M |
| Revenue equipment |
905.2M |
| Land and land improvements |
53.49M |
| Buildings and improvements |
143.73M |
| Furniture and fixtures |
20.49M |
| Shop and service equipment |
16.89M |
| Leasehold improvements |
4.83M |
| Gross Property and Equipment |
1.14B |
| Less: accumulated depreciation and amortization |
-331.46M |
| Property and equipment, net |
813.18M |
| Notes receivable – long-term |
3.2M |
| Goodwill |
47.04M |
| Intangible assets, net |
| Other long-term assets and restricted cash |
32.78M |
| Total assets |
1.09B |
| LIABILITIES AND SHAREHOLDERS' EQUITY |
| Accounts payable |
18.9M |
| Accrued payroll and purchased transportation |
21.26M |
| Accrued liabilities |
16.54M |
| Claims accrual – current portion |
20.29M |
| Dividend payable – current portion |
298K |
| Total current liabilities |
77.29M |
| Claims accrual – long-term portion |
12.34M |
| Dividend payable – long-term portion |
| Deferred tax liabilities |
177.2M |
| Total long-term liabilities |
243.39M |
| Total liabilities |
320.68M |
| Commitments and Contingencies |
| Shareholders' Equity: |
| Preferred stock, $0.01 par value; 50,000 shares authorized; none issued and outstanding |
0 |
| Common stock, $0.01 par value; 300,000 shares authorized; 80,448 and 83,693 shares issued and outstanding at June 30, 2011 and December 31, 2010, respectively |
800K |
| Additional paid-in capital |
219.59M |
| Accumulated other comprehensive income |
0 |
| Retained earnings |
544.19M |
| Total Knight Transportation shareholders' equity |
764.59M |
| Noncontrolling interest |
1.95M |
| Total shareholders' equity |
766.53M |
| Total liabilities and shareholders' equity |
1.09B |
