$SAIA
SAIA INC

2023 Q3 Form 10-Q Financial Statement

#000095017023035483 Filed on July 28, 2023

View on sec.gov

Income Statement

Concept 2023 Q3 2023 Q2
Revenue $775.1M $694.6M
YoY Change 6.25% -6.83%
Cost Of Revenue $221.0M $183.3M
YoY Change -4.29% -22.79%
Gross Profit $554.1M $511.4M
YoY Change 11.12% 0.62%
Gross Profit Margin 71.48% 73.62%
Selling, General & Admin $379.6M $346.3M
YoY Change 15.21% 6.47%
% of Gross Profit 68.51% 67.72%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $45.62M $44.66M
YoY Change 12.13% 20.88%
% of Gross Profit 8.23% 8.73%
Operating Expenses $425.3M $391.0M
YoY Change 14.89% 7.94%
Operating Profit $128.4M $120.4M
YoY Change 0.06% -17.53%
Interest Expense $454.0K $29.00K
YoY Change -21.86% -95.66%
% of Operating Profit 0.35% 0.02%
Other Income/Expense, Net $1.812M $990.0K
YoY Change -379.2% -168.89%
Pretax Income $130.2M $121.3M
YoY Change 1.99% -16.11%
Income Tax $32.03M $29.96M
% Of Pretax Income 24.59% 24.7%
Net Earnings $98.21M $91.32M
YoY Change 0.33% -16.41%
Net Earnings / Revenue 12.67% 13.15%
Basic Earnings Per Share $3.69 $3.43
Diluted Earnings Per Share $3.67 $3.42
COMMON SHARES
Basic Shares Outstanding 26.54M 26.53M
Diluted Shares Outstanding 26.78M 26.74M

Balance Sheet

Concept 2023 Q3 2023 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $249.3M $235.0M
YoY Change 66.39% 70.45%
Cash & Equivalents $249.3M $235.0M
Short-Term Investments
Other Short-Term Assets $7.472M $42.88M
YoY Change -86.19% 33.83%
Inventory
Prepaid Expenses $28.49M $36.52M
Receivables $345.9M $299.6M
Other Receivables $14.50M $1.442M
Total Short-Term Assets $645.6M $578.9M
YoY Change 17.08% 7.92%
LONG-TERM ASSETS
Property, Plant & Equipment $1.673B $1.718B
YoY Change 16.28% 26.99%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $22.60M $22.54M
YoY Change -5.59% -34.91%
Total Long-Term Assets $1.840B $1.758B
YoY Change 15.78% 16.33%
TOTAL ASSETS
Total Short-Term Assets $645.6M $578.9M
Total Long-Term Assets $1.840B $1.758B
Total Assets $2.485B $2.337B
YoY Change 16.12% 14.12%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $112.6M $98.25M
YoY Change -1.83% -32.38%
Accrued Expenses $150.6M $130.6M
YoY Change -14.79% -13.14%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due $11.00M $11.68M
YoY Change -30.88% -34.87%
Total Short-Term Liabilities $299.2M $267.3M
YoY Change -11.59% -21.19%
LONG-TERM LIABILITIES
Long-Term Debt $8.000M $9.677M
YoY Change -57.75% -54.7%
Other Long-Term Liabilities $336.6M $155.4M
YoY Change 13.97% -49.05%
Total Long-Term Liabilities $336.6M $165.1M
YoY Change 13.97% -45.87%
TOTAL LIABILITIES
Total Short-Term Liabilities $299.2M $267.3M
Total Long-Term Liabilities $336.6M $165.1M
Total Liabilities $635.9M $590.9M
YoY Change 0.32% -8.26%
SHAREHOLDERS EQUITY
Retained Earnings $1.573B $1.475B
YoY Change 27.22% 29.53%
Common Stock $282.2M $277.2M
YoY Change 2.48% 2.14%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $1.849B $1.746B
YoY Change
Total Liabilities & Shareholders Equity $2.485B $2.337B
YoY Change 16.12% 14.12%

Cashflow Statement

Concept 2023 Q3 2023 Q2
OPERATING ACTIVITIES
Net Income $98.21M $91.32M
YoY Change 0.33% -16.41%
Depreciation, Depletion And Amortization $45.62M $44.66M
YoY Change 12.13% 20.88%
Cash From Operating Activities $124.9M $172.1M
YoY Change -8.28% 53.77%
INVESTING ACTIVITIES
Capital Expenditures $113.5M $98.61M
YoY Change -192.5% -189.57%
Acquisitions
YoY Change
Other Investing Activities $3.000M $169.0K
YoY Change 299900.0% -4.52%
Cash From Investing Activities -$110.5M -$98.44M
YoY Change -9.95% -10.44%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -100.0K -5.125M
YoY Change -93.38% -6.53%
NET CHANGE
Cash From Operating Activities 124.9M 172.1M
Cash From Investing Activities -110.5M -98.44M
Cash From Financing Activities -100.0K -5.125M
Net Change In Cash 14.30M 68.57M
YoY Change 19.63% -2085.29%
FREE CASH FLOW
Cash From Operating Activities $124.9M $172.1M
Capital Expenditures $113.5M $98.61M
Free Cash Flow $11.40M $73.53M
YoY Change -95.6% -66.88%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
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DocumentFiscalPeriodFocus
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dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
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dei Amendment Flag
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dei Entity Registrant Name
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Saia, Inc.
dei Entity Incorporation State Country Code
EntityIncorporationStateCountryCode
DE
dei Entity Tax Identification Number
EntityTaxIdentificationNumber
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dei Entity Address Address Line1
EntityAddressAddressLine1
11465 Johns Creek Parkway
dei Entity Address Address Line2
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Suite 400
dei Entity Address City Or Town
EntityAddressCityOrTown
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dei Entity Address State Or Province
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dei Entity Address Postal Zip Code
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dei City Area Code
CityAreaCode
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dei Local Phone Number
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dei Security12b Title
Security12bTitle
Common Stock, par value $.001 per share
dei Trading Symbol
TradingSymbol
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dei Security Exchange Name
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