$MRTN
MARTEN TRANSPORT LTD Stock $mrtn

$mrtn Overview Financials Valuation SEC Filings Company Website

2020 Q4 Form 10-Q Financial Statement

#000143774920022878 Filed on November 06, 2020

Income Statement

Concept	2020 Q4	2020 Q3	2020 Q2
Revenue	$227.3M	$216.0M	$212.4M
YoY Change	4.67%	0.48%	0.14%
Cost Of Revenue	$144.8M	$136.1M	$130.5M
YoY Change	-0.62%	-3.48%	-5.57%
Gross Profit	$82.60M	$79.90M	$81.90M
YoY Change	15.69%	7.97%	10.83%
Gross Profit Margin	36.33%	36.99%	38.56%
Selling, General & Admin	$28.50M	$28.40M	$28.10M
YoY Change	9.62%	6.37%	7.25%
% of Gross Profit	34.5%	35.54%	34.31%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$25.90M	$25.58M	$25.97M
YoY Change	4.44%	5.31%	10.7%
% of Gross Profit	31.36%	32.02%	31.71%
Operating Expenses	$59.80M	$191.6M	$187.1M
YoY Change	6.79%	-1.71%	-2.61%
Operating Profit	$25.56M	$24.40M	$25.26M
YoY Change	36.04%	21.79%	26.63%
Interest Expense
YoY Change
% of Operating Profit
Other Income/Expense, Net	$0.00	$17.00K	$13.00K
YoY Change	-100.0%	-93.33%	-96.71%
Pretax Income	$25.60M	$24.42M	$25.27M
YoY Change	34.74%	20.35%	24.24%
Income Tax	$6.000M	$6.373M	$7.135M
% Of Pretax Income	23.44%	26.1%	28.24%
Net Earnings	$19.60M	$18.04M	$18.13M
YoY Change	24.49%	8.78%	19.38%
Net Earnings / Revenue	8.62%	8.35%	8.54%
Basic Earnings Per Share	$0.24	$0.22	$0.22
Diluted Earnings Per Share	$0.24	$0.22	$0.22
COMMON SHARES
Basic Shares Outstanding	82.68M	82.67M	82.53M
Diluted Shares Outstanding		83.28M	83.13M

Balance Sheet

Concept	2020 Q4	2020 Q3	2020 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments	$66.10M	$88.30M	$75.30M
YoY Change	109.84%	118.02%	-9.06%
Cash & Equivalents	$66.13M	$88.28M	$75.32M
Short-Term Investments
Other Short-Term Assets	$3.103M	$20.60M	$22.90M
YoY Change	-1.99%	10.75%	16.24%
Inventory
Prepaid Expenses
Receivables	$83.43M	$80.72M	$83.85M
Other Receivables	$4.200M	$2.900M	$12.60M
Total Short-Term Assets	$175.7M	$192.5M	$194.7M
YoY Change	13.94%	30.19%	0.94%
LONG-TERM ASSETS
Property, Plant & Equipment	$654.2M	$664.6M	$644.2M
YoY Change	2.15%	5.51%	7.26%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets	$1.805M	$1.950M	$1.916M
YoY Change	-10.91%	-39.14%	-38.33%
Total Long-Term Assets	$656.0M	$666.5M	$646.1M
YoY Change	2.11%	5.29%	7.03%
TOTAL ASSETS
Total Short-Term Assets	$175.7M	$192.5M	$194.7M
Total Long-Term Assets	$656.0M	$666.5M	$646.1M
Total Assets	$831.6M	$859.1M	$840.8M
YoY Change	4.4%	10.0%	5.55%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable	$25.70M	$24.56M	$26.18M
YoY Change	12.15%	-11.57%	7.75%
Accrued Expenses	$24.50M	$26.80M	$25.60M
YoY Change	12.99%	1.13%	-14.67%
Deferred Revenue
YoY Change
Short-Term Debt	$0.00	$0.00	$0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities	$89.79M	$87.95M	$87.58M
YoY Change	17.65%	3.55%	2.82%
LONG-TERM LIABILITIES
Long-Term Debt	$0.00	$0.00	$0.00
YoY Change
Other Long-Term Liabilities	$400.0K	$500.0K	$600.0K
YoY Change	-33.33%	-28.57%	20.0%
Total Long-Term Liabilities	$400.0K	$500.0K	$600.0K
YoY Change	-33.33%	-28.57%	20.0%
TOTAL LIABILITIES
Total Short-Term Liabilities	$89.79M	$87.95M	$87.58M
Total Long-Term Liabilities	$400.0K	$500.0K	$600.0K
Total Liabilities	$211.3M	$214.4M	$211.4M
YoY Change	6.18%	8.21%	8.87%
SHAREHOLDERS EQUITY
Retained Earnings	$534.4M	$559.5M	$545.0M
YoY Change	3.31%	11.13%	4.0%
Common Stock	$85.90M	$85.22M	$84.37M
YoY Change	6.99%	7.34%	7.7%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity	$620.3M	$644.7M	$629.4M
YoY Change
Total Liabilities & Shareholders Equity	$831.6M	$859.1M	$840.8M
YoY Change	4.4%	10.0%	5.55%

Cashflow Statement

Concept	2020 Q4	2020 Q3	2020 Q2
OPERATING ACTIVITIES
Net Income	$19.60M	$18.04M	$18.13M
YoY Change	24.49%	8.78%	19.38%
Depreciation, Depletion And Amortization	$25.90M	$25.58M	$25.97M
YoY Change	4.44%	5.31%	10.7%
Cash From Operating Activities	$34.90M	$50.60M	$60.60M
YoY Change	1.16%	4.33%	68.8%
INVESTING ACTIVITIES
Capital Expenditures	-$29.90M	-$64.30M	-$32.80M
YoY Change	-49.15%	-4.88%	-32.51%
Acquisitions
YoY Change
Other Investing Activities	$17.30M	$29.70M	$10.30M
YoY Change	2.98%	125.0%	-8.04%
Cash From Investing Activities	-$12.60M	-$34.50M	-$22.60M
YoY Change	-70.0%	-36.46%	-39.73%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities	-44.50M	-3.100M	1.200M
YoY Change	2866.67%	-91.51%	-200.0%
NET CHANGE
Cash From Operating Activities	34.90M	50.60M	60.60M
Cash From Investing Activities	-12.60M	-34.50M	-22.60M
Cash From Financing Activities	-44.50M	-3.100M	1.200M
Net Change In Cash	-22.20M	13.00M	39.20M
YoY Change	146.67%	-130.73%	-1500.0%
FREE CASH FLOW
Cash From Operating Activities	$34.90M	$50.60M	$60.60M
Capital Expenditures	-$29.90M	-$64.30M	-$32.80M
Free Cash Flow	$64.80M	$114.9M	$93.40M
YoY Change	-30.55%	-1.03%	10.53%

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value	Unit
CY2020Q4	dei	Entity Common Stock Shares Outstanding EntityCommonStockSharesOutstanding	82680849
CY2020Q3	us-gaap	Preferred Stock Par Or Stated Value Per Share PreferredStockParOrStatedValuePerShare	0.01
CY2019Q4	us-gaap	Preferred Stock Par Or Stated Value Per Share PreferredStockParOrStatedValuePerShare	0.01
CY2020Q3	us-gaap	Preferred Stock Shares Authorized PreferredStockSharesAuthorized	2000000
CY2019Q4	us-gaap	Preferred Stock Shares Authorized PreferredStockSharesAuthorized	2000000
CY2020Q3	us-gaap	Preferred Stock Shares Issued PreferredStockSharesIssued	0
CY2020Q3	us-gaap	Preferred Stock Shares Outstanding PreferredStockSharesOutstanding	0
CY2019Q4	us-gaap	Preferred Stock Shares Issued PreferredStockSharesIssued	0
CY2019Q4	us-gaap	Preferred Stock Shares Outstanding PreferredStockSharesOutstanding	0
CY2020Q3	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.01
CY2019Q4	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.01
CY2020Q3	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	192000000
CY2019Q4	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	192000000
CY2020Q3	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	82680849
CY2020Q3	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	82680849
CY2019Q4	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	82055199
CY2019Q4	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	82055199
CY2007Q4	us-gaap	Stock Repurchase Program Number Of Shares Authorized To Be Repurchased StockRepurchaseProgramNumberOfSharesAuthorizedToBeRepurchased	1000000
CY2015Q4	us-gaap	Stock Repurchase Program Number Of Shares Authorized To Be Repurchased StockRepurchaseProgramNumberOfSharesAuthorizedToBeRepurchased	2000000
CY2019Q2	us-gaap	Stock Repurchased And Retired During Period Shares StockRepurchasedAndRetiredDuringPeriodShares	0
CY2020Q2	us-gaap	Stock Repurchased And Retired During Period Shares StockRepurchasedAndRetiredDuringPeriodShares	0
CY2020Q3	us-gaap	Stock Repurchased And Retired During Period Shares StockRepurchasedAndRetiredDuringPeriodShares	0
CY2019Q3	us-gaap	Stock Repurchased And Retired During Period Shares StockRepurchasedAndRetiredDuringPeriodShares	0
	us-gaap	Stock Option Plan Expense StockOptionPlanExpense	1400000	USD
	mrtn	Customer Contract Term CustomerContractTerm	P1Y
	us-gaap	Capitalized Contract Cost Impairment Loss CapitalizedContractCostImpairmentLoss	0	USD
CY2020Q3	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	88279000	USD
CY2019Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	31461000	USD
CY2020Q3	us-gaap	Accounts Receivable Net Current AccountsReceivableNetCurrent	80719000	USD
CY2019Q4	us-gaap	Accounts Receivable Net Current AccountsReceivableNetCurrent	90712000	USD
CY2020Q3	us-gaap	Nontrade Receivables Current NontradeReceivablesCurrent	2908000	USD
CY2019Q4	us-gaap	Nontrade Receivables Current NontradeReceivablesCurrent	11055000	USD
CY2020Q3	us-gaap	Prepaid Expense And Other Assets Current PrepaidExpenseAndOtherAssetsCurrent	20640000	USD
CY2019Q4	us-gaap	Prepaid Expense And Other Assets Current PrepaidExpenseAndOtherAssetsCurrent	20938000	USD
CY2020Q3	us-gaap	Assets Current AssetsCurrent	192546000	USD
CY2019Q4	us-gaap	Assets Current AssetsCurrent	154166000	USD
CY2020Q3	us-gaap	Property Plant And Equipment Gross PropertyPlantAndEquipmentGross	943058000	USD
CY2019Q4	us-gaap	Property Plant And Equipment Gross PropertyPlantAndEquipmentGross	904237000	USD
CY2020Q3	us-gaap	Accumulated Depreciation Depletion And Amortization Property Plant And Equipment AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment	278488000	USD
CY2019Q4	us-gaap	Accumulated Depreciation Depletion And Amortization Property Plant And Equipment AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment	263843000	USD
CY2020Q3	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	664570000	USD
CY2019Q4	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	640394000	USD
CY2020Q3	us-gaap	Other Assets Noncurrent OtherAssetsNoncurrent	1950000	USD
CY2019Q4	us-gaap	Other Assets Noncurrent OtherAssetsNoncurrent	2026000	USD
CY2020Q3	us-gaap	Assets Assets	859066000	USD
CY2020Q3	mrtn	Supplies And Maintenance Expense SuppliesAndMaintenanceExpense	12440000	USD
CY2019Q3	mrtn	Supplies And Maintenance Expense SuppliesAndMaintenanceExpense	12116000	USD
CY2019Q4	us-gaap	Assets Assets	796586000	USD
CY2020Q3	us-gaap	Accounts Payable Current AccountsPayableCurrent	24563000	USD
CY2019Q4	us-gaap	Accounts Payable Current AccountsPayableCurrent	22917000	USD
CY2020Q3	us-gaap	Accrued Insurance Current AccruedInsuranceCurrent	36629000	USD
CY2019Q4	us-gaap	Accrued Insurance Current AccruedInsuranceCurrent	31729000	USD
CY2020Q3	mrtn	Accrued And Other Liabilities Current AccruedAndOtherLiabilitiesCurrent	26755000	USD
CY2019Q4	mrtn	Accrued And Other Liabilities Current AccruedAndOtherLiabilitiesCurrent	21680000	USD
CY2020Q3	us-gaap	Liabilities Current LiabilitiesCurrent	87947000	USD
CY2019Q4	us-gaap	Liabilities Current LiabilitiesCurrent	76326000	USD
CY2020Q3	us-gaap	Deferred Income Tax Liabilities Net DeferredIncomeTaxLiabilitiesNet	125890000	USD
CY2019Q4	us-gaap	Deferred Income Tax Liabilities Net DeferredIncomeTaxLiabilitiesNet	122022000	USD
CY2020Q3	us-gaap	Operating Lease Liability Noncurrent OperatingLeaseLiabilityNoncurrent	521000	USD
CY2019Q4	us-gaap	Operating Lease Liability Noncurrent OperatingLeaseLiabilityNoncurrent	649000	USD
CY2020Q3	us-gaap	Liabilities Liabilities	214358000	USD
CY2019Q4	us-gaap	Liabilities Liabilities	198997000	USD
CY2020Q3	us-gaap	Preferred Stock Value PreferredStockValue	0	USD
CY2019Q4	us-gaap	Preferred Stock Value PreferredStockValue	0	USD
CY2020Q3	us-gaap	Common Stock Value CommonStockValue	827000	USD
CY2019Q4	us-gaap	Common Stock Value CommonStockValue	821000	USD
CY2020Q3	us-gaap	Additional Paid In Capital Common Stock AdditionalPaidInCapitalCommonStock	84389000	USD
CY2019Q4	us-gaap	Additional Paid In Capital Common Stock AdditionalPaidInCapitalCommonStock	79465000	USD
CY2020Q3	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	559492000	USD
CY2019Q4	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	517303000	USD
CY2020Q3	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	644708000	USD
CY2019Q4	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	597589000	USD
CY2020Q3	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	859066000	USD
CY2019Q4	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	796586000	USD
CY2020Q3	us-gaap	Revenue From Contract With Customer Including Assessed Tax RevenueFromContractWithCustomerIncludingAssessedTax	216011000	USD
CY2019Q3	us-gaap	Revenue From Contract With Customer Including Assessed Tax RevenueFromContractWithCustomerIncludingAssessedTax	214973000	USD
	us-gaap	Revenue From Contract With Customer Including Assessed Tax RevenueFromContractWithCustomerIncludingAssessedTax	647041000	USD
	us-gaap	Revenue From Contract With Customer Including Assessed Tax RevenueFromContractWithCustomerIncludingAssessedTax	626086000	USD
CY2020Q3	us-gaap	Labor And Related Expense LaborAndRelatedExpense	74797000	USD
CY2019Q3	us-gaap	Labor And Related Expense LaborAndRelatedExpense	69312000	USD
	us-gaap	Labor And Related Expense LaborAndRelatedExpense	221034000	USD
	us-gaap	Labor And Related Expense LaborAndRelatedExpense	201449000	USD
CY2020Q3	mrtn	Purchased Transportation PurchasedTransportation	37066000	USD
CY2019Q3	mrtn	Purchased Transportation PurchasedTransportation	40435000	USD
	mrtn	Purchased Transportation PurchasedTransportation	113676000	USD
	mrtn	Purchased Transportation PurchasedTransportation	117352000	USD
CY2020Q3	mrtn	Fuel And Fuel Tax Expense FuelAndFuelTaxExpense	24268000	USD
CY2019Q3	mrtn	Fuel And Fuel Tax Expense FuelAndFuelTaxExpense	31275000	USD
	mrtn	Fuel And Fuel Tax Expense FuelAndFuelTaxExpense	73433000	USD
	mrtn	Fuel And Fuel Tax Expense FuelAndFuelTaxExpense	89904000	USD
	mrtn	Supplies And Maintenance Expense SuppliesAndMaintenanceExpense	36501000	USD
	mrtn	Supplies And Maintenance Expense SuppliesAndMaintenanceExpense	34739000	USD
CY2020Q3	us-gaap	Depreciation Depreciation	25580000	USD
CY2019Q3	us-gaap	Depreciation Depreciation	24290000	USD
	us-gaap	Depreciation Depreciation	76979000	USD
	us-gaap	Depreciation Depreciation	70295000	USD
CY2020Q3	us-gaap	Taxes And Licenses TaxesAndLicenses	2749000	USD
CY2019Q3	us-gaap	Taxes And Licenses TaxesAndLicenses	2651000	USD
	us-gaap	Taxes And Licenses TaxesAndLicenses	8003000	USD
	us-gaap	Taxes And Licenses TaxesAndLicenses	7422000	USD
CY2020Q3	us-gaap	General Insurance Expense GeneralInsuranceExpense	11243000	USD
CY2019Q3	us-gaap	General Insurance Expense GeneralInsuranceExpense	9618000	USD
	us-gaap	General Insurance Expense GeneralInsuranceExpense	35160000	USD
	us-gaap	General Insurance Expense GeneralInsuranceExpense	29355000	USD
CY2020Q3	mrtn	Communications And Utilities Expense CommunicationsAndUtilitiesExpense	1999000	USD
CY2019Q3	mrtn	Communications And Utilities Expense CommunicationsAndUtilitiesExpense	1901000	USD
	mrtn	Communications And Utilities Expense CommunicationsAndUtilitiesExpense	5961000	USD
	mrtn	Communications And Utilities Expense CommunicationsAndUtilitiesExpense	5801000	USD
CY2020Q3	us-gaap	Other Cost And Expense Operating OtherCostAndExpenseOperating	5315000	USD
CY2019Q3	us-gaap	Other Cost And Expense Operating OtherCostAndExpenseOperating	5900000	USD
	us-gaap	Other Cost And Expense Operating OtherCostAndExpenseOperating	16223000	USD
	us-gaap	Other Cost And Expense Operating OtherCostAndExpenseOperating	17395000	USD
CY2020Q3	us-gaap	Operating Expenses OperatingExpenses	191611000	USD
CY2019Q3	us-gaap	Operating Expenses OperatingExpenses	194939000	USD
	us-gaap	Operating Expenses OperatingExpenses	579353000	USD
	us-gaap	Operating Expenses OperatingExpenses	568375000	USD
CY2020Q3	us-gaap	Operating Income Loss OperatingIncomeLoss	24400000	USD
CY2019Q3	us-gaap	Operating Income Loss OperatingIncomeLoss	20034000	USD
	us-gaap	Operating Income Loss OperatingIncomeLoss	67688000	USD
	us-gaap	Operating Income Loss OperatingIncomeLoss	57711000	USD
CY2020Q3	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	17000	USD
CY2019Q3	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	255000	USD
	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	127000	USD
	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	928000	USD
CY2020Q3	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	24417000	USD
CY2019Q3	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	20289000	USD
	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	67815000	USD
	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	58639000	USD
CY2020Q3	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	6373000	USD
CY2019Q3	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	3702000	USD
	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	17919000	USD
	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	13316000	USD
CY2020Q3	us-gaap	Net Income Loss NetIncomeLoss	18044000	USD
CY2019Q3	us-gaap	Net Income Loss NetIncomeLoss	16587000	USD
	us-gaap	Net Income Loss NetIncomeLoss	49896000	USD
	us-gaap	Net Income Loss NetIncomeLoss	45323000	USD
CY2020Q3	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.22
CY2019Q3	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.20
	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.61
	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.55
CY2020Q3	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.22
CY2019Q3	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.20
	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.60
	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.55
CY2020Q3	us-gaap	Common Stock Dividends Per Share Cash Paid CommonStockDividendsPerShareCashPaid	0.04
CY2019Q3	us-gaap	Common Stock Dividends Per Share Cash Paid CommonStockDividendsPerShareCashPaid	0.453
	us-gaap	Common Stock Dividends Per Share Cash Paid CommonStockDividendsPerShareCashPaid	0.093
	us-gaap	Common Stock Dividends Per Share Cash Paid CommonStockDividendsPerShareCashPaid	0.493
CY2019Q4	us-gaap	Stockholders Equity StockholdersEquity	597589000	USD
CY2020Q1	us-gaap	Net Income Loss NetIncomeLoss	13718000	USD
CY2020Q1	us-gaap	Stock Repurchased And Retired During Period Value StockRepurchasedAndRetiredDuringPeriodValue	597000	USD
CY2020Q1	us-gaap	Stock Issued During Period Value Share Based Compensation Gross StockIssuedDuringPeriodValueShareBasedCompensationGross	1054000	USD
CY2020Q1	mrtn	Adjustments To Additional Paid In Capital Employee Taxes Paid In Exhange For Shares Witheld AdjustmentsToAdditionalPaidInCapitalEmployeeTaxesPaidInExhangeForSharesWitheld	437000	USD
CY2020Q1	us-gaap	Dividends Common Stock Cash DividendsCommonStockCash	2193000	USD
CY2020Q1	us-gaap	Stockholders Equity StockholdersEquity	609380000	USD
CY2020Q2	us-gaap	Net Income Loss NetIncomeLoss	18134000	USD
	us-gaap	Increase Decrease In Prepaid Deferred Expense And Other Assets IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets	1793000	USD
CY2020Q2	us-gaap	Stock Issued During Period Value Share Based Compensation Gross StockIssuedDuringPeriodValueShareBasedCompensationGross	3363000	USD
CY2020Q2	us-gaap	Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue	726000	USD
CY2020Q2	us-gaap	Dividends Common Stock Cash DividendsCommonStockCash	2205000	USD
CY2020Q2	us-gaap	Stockholders Equity StockholdersEquity	629398000	USD
CY2020Q3	us-gaap	Net Income Loss NetIncomeLoss	18044000	USD
CY2020Q3	us-gaap	Stock Issued During Period Value Share Based Compensation Gross StockIssuedDuringPeriodValueShareBasedCompensationGross	181000	USD
CY2020Q3	us-gaap	Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue	392000	USD
CY2020Q1	us-gaap	Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue	246000	USD
CY2020Q3	us-gaap	Dividends Common Stock Cash DividendsCommonStockCash	3307000	USD
CY2020Q3	us-gaap	Stockholders Equity StockholdersEquity	644708000	USD
CY2018Q4	us-gaap	Stockholders Equity StockholdersEquity	575954000	USD
CY2019Q1	us-gaap	Net Income Loss NetIncomeLoss	13546000	USD
CY2019Q1	us-gaap	Stock Issued During Period Value Share Based Compensation Gross StockIssuedDuringPeriodValueShareBasedCompensationGross	292000	USD
CY2019Q1	mrtn	Adjustments To Additional Paid In Capital Employee Taxes Paid In Exhange For Shares Witheld AdjustmentsToAdditionalPaidInCapitalEmployeeTaxesPaidInExhangeForSharesWitheld	784000	USD
CY2019Q1	us-gaap	Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue	366000	USD
CY2019Q1	us-gaap	Dividends Common Stock Cash DividendsCommonStockCash	1637000	USD
CY2019Q1	us-gaap	Stockholders Equity StockholdersEquity	587737000	USD
CY2019Q2	us-gaap	Net Income Loss NetIncomeLoss	15190000	USD
CY2019Q2	us-gaap	Stock Issued During Period Value Share Based Compensation Gross StockIssuedDuringPeriodValueShareBasedCompensationGross	466000	USD
CY2019Q2	us-gaap	Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue	636000	USD
CY2019Q2	us-gaap	Dividends Common Stock Cash DividendsCommonStockCash	1639000	USD
CY2019Q2	us-gaap	Stockholders Equity StockholdersEquity	602390000	USD
CY2019Q3	us-gaap	Net Income Loss NetIncomeLoss	16587000	USD
CY2019Q3	us-gaap	Stock Issued During Period Value Share Based Compensation Gross StockIssuedDuringPeriodValueShareBasedCompensationGross	659000	USD
CY2019Q3	us-gaap	Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue	393000	USD
CY2019Q3	us-gaap	Dividends Common Stock Cash DividendsCommonStockCash	37172000	USD
CY2019Q3	us-gaap	Stockholders Equity StockholdersEquity	582857000	USD
	us-gaap	Net Income Loss NetIncomeLoss	49896000	USD
	us-gaap	Net Income Loss NetIncomeLoss	45323000	USD
	us-gaap	Depreciation Depreciation	76979000	USD
	us-gaap	Depreciation Depreciation	70295000	USD
	mrtn	Amortization Expense For Tires In Service AmortizationExpenseForTiresInService	4937000	USD
	mrtn	Amortization Expense For Tires In Service AmortizationExpenseForTiresInService	5065000	USD
	us-gaap	Deferred Income Tax Expense Benefit DeferredIncomeTaxExpenseBenefit	3868000	USD
	us-gaap	Deferred Income Tax Expense Benefit DeferredIncomeTaxExpenseBenefit	6477000	USD
	us-gaap	Allocated Share Based Compensation Expense AllocatedShareBasedCompensationExpense	1364000	USD
	us-gaap	Allocated Share Based Compensation Expense AllocatedShareBasedCompensationExpense	1395000	USD
	us-gaap	Income Loss From Equity Method Investments IncomeLossFromEquityMethodInvestments	-0	USD
	us-gaap	Income Loss From Equity Method Investments IncomeLossFromEquityMethodInvestments	-144000	USD
	us-gaap	Increase Decrease In Receivables IncreaseDecreaseInReceivables	-16847000	USD
	us-gaap	Increase Decrease In Receivables IncreaseDecreaseInReceivables	1418000	USD
	us-gaap	Increase Decrease In Prepaid Deferred Expense And Other Assets IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets	2317000	USD
	us-gaap	Increase Decrease In Accounts Payable IncreaseDecreaseInAccountsPayable	1315000	USD
	us-gaap	Increase Decrease In Accounts Payable IncreaseDecreaseInAccountsPayable	1769000	USD
	us-gaap	Increase Decrease In Insurance Liabilities IncreaseDecreaseInInsuranceLiabilities	4900000	USD
	us-gaap	Increase Decrease In Insurance Liabilities IncreaseDecreaseInInsuranceLiabilities	2544000	USD
	mrtn	Increase Decrease In Accrued Other Current Liabilities IncreaseDecreaseInAccruedOtherCurrentLiabilities	4535000	USD
	mrtn	Increase Decrease In Accrued Other Current Liabilities IncreaseDecreaseInAccruedOtherCurrentLiabilities	-2443000	USD
	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	154707000	USD
	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	122021000	USD
	us-gaap	Payments For Proceeds From Other Investing Activities PaymentsForProceedsFromOtherInvestingActivities	39000	USD
	us-gaap	Proceeds From Issuance Of Shares Under Incentive And Share Based Compensation Plans Including Stock Options ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions	1417000	USD
	us-gaap	Payments Related To Tax Withholding For Share Based Compensation PaymentsRelatedToTaxWithholdingForShareBasedCompensation	437000	USD
	us-gaap	Payments Related To Tax Withholding For Share Based Compensation PaymentsRelatedToTaxWithholdingForShareBasedCompensation	784000	USD
	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	-4141000	USD
	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	-39815000	USD
	us-gaap	Payments For Proceeds From Other Investing Activities PaymentsForProceedsFromOtherInvestingActivities	25000	USD
	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-93748000	USD
	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-98489000	USD
	us-gaap	Payments Of Dividends Common Stock PaymentsOfDividendsCommonStock	7705000	USD
	us-gaap	Payments Of Dividends Common Stock PaymentsOfDividendsCommonStock	40448000	USD
	us-gaap	Payments For Repurchase Of Common Stock PaymentsForRepurchaseOfCommonStock	597000	USD
	us-gaap	Payments For Repurchase Of Common Stock PaymentsForRepurchaseOfCommonStock	-0	USD
	us-gaap	Proceeds From Issuance Of Shares Under Incentive And Share Based Compensation Plans Including Stock Options ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions	4598000	USD
	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect	56818000	USD
	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect	-16283000	USD
CY2019Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations	31461000	USD
CY2018Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations	56763000	USD
CY2020Q3	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations	88279000	USD
CY2019Q3	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations	40480000	USD
	mrtn	Increase Decrease Capital Expenditures Incurred But Not Yet Paid IncreaseDecreaseCapitalExpendituresIncurredButNotYetPaid	2355000	USD
	mrtn	Increase Decrease Capital Expenditures Incurred But Not Yet Paid IncreaseDecreaseCapitalExpendituresIncurredButNotYetPaid	10527000	USD
	mrtn	Operating Lease Assets And Liabilities Acquired OperatingLeaseAssetsAndLiabilitiesAcquired	88000	USD
	mrtn	Operating Lease Assets And Liabilities Acquired OperatingLeaseAssetsAndLiabilitiesAcquired	1664000	USD
	us-gaap	Income Taxes Paid Net IncomeTaxesPaidNet	5543000	USD
	us-gaap	Income Taxes Paid Net IncomeTaxesPaidNet	4447000	USD
	us-gaap	Interest Paid Net InterestPaidNet	0	USD
	us-gaap	Interest Paid Net InterestPaidNet	39000	USD
CY2020Q3	us-gaap	Net Income Loss NetIncomeLoss	18044000	USD
CY2019Q3	us-gaap	Net Income Loss NetIncomeLoss	16587000	USD
	us-gaap	Net Income Loss NetIncomeLoss	49896000	USD
	us-gaap	Net Income Loss NetIncomeLoss	45323000	USD
CY2020Q3	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	82672000
CY2019Q3	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	81982000
	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	82472000
	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	81912000
CY2020Q3	us-gaap	Incremental Common Shares Attributable To Share Based Payment Arrangements IncrementalCommonSharesAttributableToShareBasedPaymentArrangements	607000
CY2019Q3	us-gaap	Incremental Common Shares Attributable To Share Based Payment Arrangements IncrementalCommonSharesAttributableToShareBasedPaymentArrangements	719000
	us-gaap	Incremental Common Shares Attributable To Share Based Payment Arrangements IncrementalCommonSharesAttributableToShareBasedPaymentArrangements	626000
	us-gaap	Incremental Common Shares Attributable To Share Based Payment Arrangements IncrementalCommonSharesAttributableToShareBasedPaymentArrangements	706000
CY2020Q3	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	83279000
CY2019Q3	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	82701000
	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	83098000
	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	82618000
CY2020Q3	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.22
CY2019Q3	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.20
	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.61
	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.55
CY2020Q3	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.22
CY2019Q3	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.20
	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.60
	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.55
CY2018Q3	us-gaap	Line Of Credit Facility Maximum Borrowing Capacity LineOfCreditFacilityMaximumBorrowingCapacity	40000000.0	USD
CY2018Q3	us-gaap	Line Of Credit Facility Maximum Borrowing Capacity LineOfCreditFacilityMaximumBorrowingCapacity	30000000.0	USD
CY2020Q3	us-gaap	Line Of Credit LineOfCredit	0	USD
CY2020Q3	us-gaap	Letters Of Credit Outstanding Amount LettersOfCreditOutstandingAmount	17000000.0	USD
CY2020Q3	us-gaap	Line Of Credit Facility Remaining Borrowing Capacity LineOfCreditFacilityRemainingBorrowingCapacity	13000000.0	USD
CY2019Q4	us-gaap	Line Of Credit LineOfCredit	0	USD
CY2019Q4	us-gaap	Letters Of Credit Outstanding Amount LettersOfCreditOutstandingAmount	15700000	USD
CY2019Q3	mrtn	Line Of Credit Facility Dividend Restrictions Percentage Of Net Income Limit LineOfCreditFacilityDividendRestrictionsPercentageOfNetIncomeLimit	0.25	pure
CY2019Q3	mrtn	Line Of Credit Facility Waiver To Pay Dividends Maximum LineOfCreditFacilityWaiverToPayDividendsMaximum	65000000	USD
CY2015Q4	us-gaap	Stock Repurchase Program Authorized Amount1 StockRepurchaseProgramAuthorizedAmount1	40000000	USD
CY2017Q3	us-gaap	Stock Repurchase Program Number Of Shares Authorized To Be Repurchased StockRepurchaseProgramNumberOfSharesAuthorizedToBeRepurchased	3300000
CY2019Q3	us-gaap	Stock Repurchase Program Authorized Amount1 StockRepurchaseProgramAuthorizedAmount1	34000000	USD
CY2019Q3	us-gaap	Stock Repurchase Program Number Of Shares Authorized To Be Repurchased StockRepurchaseProgramNumberOfSharesAuthorizedToBeRepurchased	1800000
CY2020Q3	us-gaap	Stock Repurchase Program Number Of Shares Authorized To Be Repurchased StockRepurchaseProgramNumberOfSharesAuthorizedToBeRepurchased	2700000
CY2020Q1	us-gaap	Stock Repurchased And Retired During Period Shares StockRepurchasedAndRetiredDuringPeriodShares	53064
CY2020Q1	us-gaap	Stock Repurchased And Retired During Period Value StockRepurchasedAndRetiredDuringPeriodValue	597000	USD
CY2020Q3	us-gaap	Stock Repurchase Program Remaining Authorized Repurchase Amount1 StockRepurchaseProgramRemainingAuthorizedRepurchaseAmount1	33400000	USD
CY2020Q3	us-gaap	Stock Repurchase Program Remaining Number Of Shares Authorized To Be Repurchased StockRepurchaseProgramRemainingNumberOfSharesAuthorizedToBeRepurchased	2600000
	us-gaap	Payments Of Dividends Common Stock PaymentsOfDividendsCommonStock	7700000	USD
	us-gaap	Payments Of Dividends Common Stock PaymentsOfDividendsCommonStock	40400000	USD
CY2019Q3	mrtn	Line Of Credit Facility Dividend Restrictions Percentage Of Net Income Limit LineOfCreditFacilityDividendRestrictionsPercentageOfNetIncomeLimit	0.25	pure
CY2019Q3	mrtn	Line Of Credit Facility Waiver To Pay Dividends Maximum LineOfCreditFacilityWaiverToPayDividendsMaximum	65000000	USD
	us-gaap	Stock Option Plan Expense StockOptionPlanExpense	1400000	USD
CY2020Q3	us-gaap	Lessee Operating Lease Liability Payments Due LesseeOperatingLeaseLiabilityPaymentsDue	1100000	USD
	us-gaap	Number Of Operating Segments NumberOfOperatingSegments	5	pure
	us-gaap	Number Of Reportable Segments NumberOfReportableSegments	4	pure
	us-gaap	Capitalized Contract Cost Impairment Loss CapitalizedContractCostImpairmentLoss	0	USD
CY2020Q3	us-gaap	Revenues Revenues	216011000	USD
CY2019Q3	us-gaap	Revenues Revenues	214973000	USD
	us-gaap	Revenues Revenues	647041000	USD
	us-gaap	Revenues Revenues	626086000	USD
CY2020Q3	us-gaap	Operating Income Loss OperatingIncomeLoss	24400000	USD
CY2019Q3	us-gaap	Operating Income Loss OperatingIncomeLoss	20034000	USD
	us-gaap	Operating Income Loss OperatingIncomeLoss	67688000	USD
	us-gaap	Operating Income Loss OperatingIncomeLoss	57711000	USD
	us-gaap	Reclassifications Reclassifications	<p style="font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:justify;">(<em style="font: inherit;">15</em>) Consolidated Condensed Statements of Cash Flows Reclassifications</p> <p style="font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:justify;text-indent:36pt;"> </p> <p style="font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:justify;text-indent:36pt;">Tires in service amortization and operating leases in our consolidated condensed statements of cash flows have been reclassified to be consistent with the current presentation, resulting in a $2.4 million reclassification from investing to operating activities for the <em style="font: inherit;">nine</em> months ended <em style="font: inherit;"> September 30, 2019.</em></p>

Files In Submission

Name	View Source	Status
0001437749-20-022878-index-headers.html	Edgar Link	pending
0001437749-20-022878-index.html	Edgar Link	pending
0001437749-20-022878.txt	Edgar Link	pending
0001437749-20-022878-xbrl.zip	Edgar Link	pending
ex_209011.htm	Edgar Link	pending
ex_209012.htm	Edgar Link	pending
ex_209013.htm	Edgar Link	pending
ex_209014.htm	Edgar Link	pending
FilingSummary.xml	Edgar Link	unprocessable
Financial_Report.xlsx	Edgar Link	pending
MetaLinks.json	Edgar Link	pending
mrtn-20200930.xsd	Edgar Link	pending
mrtn-20200930_cal.xml	Edgar Link	unprocessable
mrtn-20200930_def.xml	Edgar Link	unprocessable
mrtn-20200930_lab.xml	Edgar Link	unprocessable
mrtn-20200930_pre.xml	Edgar Link	unprocessable
mrtn20200930_10q.htm	Edgar Link	pending
mrtn20200930_10q_htm.xml	Edgar Link	completed
R1.htm	Edgar Link	pending
R10.htm	Edgar Link	pending
R11.htm	Edgar Link	pending
R12.htm	Edgar Link	pending
R13.htm	Edgar Link	pending
R14.htm	Edgar Link	pending
R15.htm	Edgar Link	pending
R16.htm	Edgar Link	pending
R17.htm	Edgar Link	pending
R18.htm	Edgar Link	pending
R19.htm	Edgar Link	pending
R2.htm	Edgar Link	pending
R20.htm	Edgar Link	pending
R21.htm	Edgar Link	pending
R22.htm	Edgar Link	pending
R23.htm	Edgar Link	pending
R24.htm	Edgar Link	pending
R25.htm	Edgar Link	pending
R26.htm	Edgar Link	pending
R27.htm	Edgar Link	pending
R28.htm	Edgar Link	pending
R29.htm	Edgar Link	pending
R3.htm	Edgar Link	pending
R30.htm	Edgar Link	pending
R31.htm	Edgar Link	pending
R32.htm	Edgar Link	pending
R33.htm	Edgar Link	pending
R34.htm	Edgar Link	pending
R35.htm	Edgar Link	pending
R36.htm	Edgar Link	pending
R37.htm	Edgar Link	pending
R4.htm	Edgar Link	pending
R5.htm	Edgar Link	pending
R6.htm	Edgar Link	pending
R7.htm	Edgar Link	pending
R8.htm	Edgar Link	pending
R9.htm	Edgar Link	pending
report.css	Edgar Link	pending
Show.js	Edgar Link	pending

Create your account

Find Stocks Worth Researching

Deeply Understand Businesses

Value Businesses Intelligently

$MRTN
MARTEN TRANSPORT LTD Stock $mrtn

2020 Q4 Form 10-Q Financial Statement

#000143774920022878 Filed on November 06, 2020

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$MRTN MARTEN TRANSPORT LTD Stock $mrtn

2020 Q4 Form 10-Q Financial Statement

#000143774920022878 Filed on November 06, 2020

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$MRTN
MARTEN TRANSPORT LTD Stock $mrtn