2015 Q3 Form 10-Q Financial Statement
#000156459015008886 Filed on October 29, 2015
Income Statement
| Concept | 2015 Q3 | 2014 Q4 | 2014 Q3 |
|---|---|---|---|
| Revenue | $317.2M | $309.6M | $332.5M |
| YoY Change | -4.61% | 10.73% | 13.46% |
| Cost Of Revenue | $84.40M | $95.60M | $107.7M |
| YoY Change | -21.63% | 4.6% | 13.73% |
| Gross Profit | $232.8M | $214.1M | $224.9M |
| YoY Change | 3.51% | 13.7% | 13.36% |
| Gross Profit Margin | 73.39% | 69.14% | 67.63% |
| Selling, General & Admin | $196.0M | $178.8M | $182.3M |
| YoY Change | 7.52% | 11.75% | 11.84% |
| % of Gross Profit | 84.19% | 83.51% | 81.06% |
| Research & Development | |||
| YoY Change | |||
| % of Gross Profit | |||
| Depreciation & Amortization | $16.70M | $14.70M | $15.34M |
| YoY Change | 8.89% | 6.52% | 11.58% |
| % of Gross Profit | 7.17% | 6.87% | 6.82% |
| Operating Expenses | $213.0M | $193.5M | $197.7M |
| YoY Change | 7.74% | 11.46% | 12.01% |
| Operating Profit | $19.85M | $20.57M | $27.15M |
| YoY Change | -26.9% | 40.02% | 23.77% |
| Interest Expense | -$1.000M | -$1.000M | $1.064M |
| YoY Change | -193.98% | -37.5% | -39.55% |
| % of Operating Profit | -5.04% | -4.86% | 3.92% |
| Other Income/Expense, Net | $0.00 | $100.0K | -$1.080M |
| YoY Change | -100.0% | -35.52% | |
| Pretax Income | $18.80M | $19.60M | $26.07M |
| YoY Change | -27.88% | 49.62% | 28.67% |
| Income Tax | $7.000M | $6.000M | $9.791M |
| % Of Pretax Income | 37.23% | 30.61% | 37.56% |
| Net Earnings | $11.78M | $13.57M | $16.28M |
| YoY Change | -27.65% | 68.27% | 26.11% |
| Net Earnings / Revenue | 3.71% | 4.38% | 4.89% |
| Basic Earnings Per Share | $0.47 | $0.55 | $0.66 |
| Diluted Earnings Per Share | $0.46 | $0.53 | $0.64 |
| COMMON SHARES | |||
| Basic Shares Outstanding | 24.76M shares | 24.53M shares | |
| Diluted Shares Outstanding | 25.51M shares |
Balance Sheet
| Concept | 2015 Q3 | 2014 Q4 | 2014 Q3 |
|---|---|---|---|
| SHORT-TERM ASSETS | |||
| Cash & Short-Term Investments | $4.500M | $4.400M | $7.200M |
| YoY Change | -37.5% | 2100.0% | 75.61% |
| Cash & Equivalents | $4.540M | $4.367M | $7.244M |
| Short-Term Investments | |||
| Other Short-Term Assets | $42.20M | $5.420M | $39.60M |
| YoY Change | 6.57% | 6.63% | 5.32% |
| Inventory | |||
| Prepaid Expenses | |||
| Receivables | $139.0M | $128.4M | $146.6M |
| Other Receivables | $0.00 | $18.30M | $0.00 |
| Total Short-Term Assets | $185.7M | $189.6M | $193.5M |
| YoY Change | -3.99% | 11.38% | 14.37% |
| LONG-TERM ASSETS | |||
| Property, Plant & Equipment | $532.5M | $483.6M | $472.1M |
| YoY Change | 12.79% | 11.9% | 11.91% |
| Goodwill | $5.231M | $8.328M | |
| YoY Change | 0.0% | -6.88% | |
| Intangibles | |||
| YoY Change | |||
| Long-Term Investments | |||
| YoY Change | |||
| Other Assets | $5.300M | $4.995M | $5.591M |
| YoY Change | -5.2% | -9.72% | -1.91% |
| Total Long-Term Assets | $565.3M | $496.8M | $486.0M |
| YoY Change | 16.3% | 11.26% | 11.34% |
| TOTAL ASSETS | |||
| Total Short-Term Assets | $185.7M | $189.6M | $193.5M |
| Total Long-Term Assets | $565.3M | $496.8M | $486.0M |
| Total Assets | $751.0M | $686.4M | $679.5M |
| YoY Change | 10.52% | 11.29% | 12.19% |
| SHORT-TERM LIABILITIES | |||
| YoY Change | |||
| Accounts Payable | $59.50M | $42.39M | $57.46M |
| YoY Change | 3.55% | -16.56% | 17.33% |
| Accrued Expenses | $32.50M | $58.10M | $39.80M |
| YoY Change | -18.34% | -7.63% | 12.75% |
| Deferred Revenue | |||
| YoY Change | |||
| Short-Term Debt | $0.00 | $0.00 | $0.00 |
| YoY Change | |||
| Long-Term Debt Due | $12.00M | $9.138M | $8.120M |
| YoY Change | 47.78% | 27.93% | -44.55% |
| Total Short-Term Liabilities | $154.5M | $130.5M | $153.3M |
| YoY Change | 0.8% | -7.37% | 7.01% |
| LONG-TERM LIABILITIES | |||
| Long-Term Debt | $69.20M | $73.90M | $65.19M |
| YoY Change | 6.15% | 5.96% | -15.19% |
| Other Long-Term Liabilities | $182.7M | $189.1M | $42.50M |
| YoY Change | 329.8% | 500.19% | 36.22% |
| Total Long-Term Liabilities | $182.7M | $189.1M | $177.1M |
| YoY Change | 3.14% | 10.46% | 5.68% |
| TOTAL LIABILITIES | |||
| Total Short-Term Liabilities | $154.5M | $130.5M | $153.3M |
| Total Long-Term Liabilities | $182.7M | $189.1M | $177.1M |
| Total Liabilities | $337.2M | $319.5M | $330.4M |
| YoY Change | 2.06% | 2.41% | 6.29% |
| SHAREHOLDERS EQUITY | |||
| Retained Earnings | $145.4M | $131.8M | |
| YoY Change | 55.69% | 54.5% | |
| Common Stock | $223.7M | $219.5M | |
| YoY Change | 4.71% | 3.66% | |
| Preferred Stock | |||
| YoY Change | |||
| Treasury Stock (at cost) | |||
| YoY Change | |||
| Treasury Stock Shares | |||
| Shareholders Equity | $413.8M | $366.9M | $349.1M |
| YoY Change | |||
| Total Liabilities & Shareholders Equity | $751.0M | $686.4M | $679.5M |
| YoY Change | 10.52% | 11.29% | 12.19% |
Cashflow Statement
| Concept | 2015 Q3 | 2014 Q4 | 2014 Q3 |
|---|---|---|---|
| OPERATING ACTIVITIES | |||
| Net Income | $11.78M | $13.57M | $16.28M |
| YoY Change | -27.65% | 68.27% | 26.11% |
| Depreciation, Depletion And Amortization | $16.70M | $14.70M | $15.34M |
| YoY Change | 8.89% | 6.52% | 11.58% |
| Cash From Operating Activities | $47.00M | $10.20M | $45.10M |
| YoY Change | 4.21% | -69.73% | 26.69% |
| INVESTING ACTIVITIES | |||
| Capital Expenditures | -$12.30M | -$18.00M | -$12.70M |
| YoY Change | -3.15% | -29.69% | -55.75% |
| Acquisitions | |||
| YoY Change | |||
| Other Investing Activities | $100.0K | $300.0K | $2.200M |
| YoY Change | -95.45% | -75.0% | 22.22% |
| Cash From Investing Activities | -$12.20M | -$17.60M | -$10.50M |
| YoY Change | 16.19% | -27.57% | -60.97% |
| FINANCING ACTIVITIES | |||
| Cash Dividend Paid | |||
| YoY Change | |||
| Common Stock Issuance & Retirement, Net | |||
| YoY Change | |||
| Debt Paid & Issued, Net | |||
| YoY Change | |||
| Cash From Financing Activities | -33.90M | 4.600M | -29.10M |
| YoY Change | 16.49% | -134.33% | 288.0% |
| NET CHANGE | |||
| Cash From Operating Activities | 47.00M | 10.20M | 45.10M |
| Cash From Investing Activities | -12.20M | -17.60M | -10.50M |
| Cash From Financing Activities | -33.90M | 4.600M | -29.10M |
| Net Change In Cash | 900.0K | -2.800M | 5.500M |
| YoY Change | -83.64% | -30.0% | 358.33% |
| FREE CASH FLOW | |||
| Cash From Operating Activities | $47.00M | $10.20M | $45.10M |
| Capital Expenditures | -$12.30M | -$18.00M | -$12.70M |
| Free Cash Flow | $59.30M | $28.20M | $57.80M |
| YoY Change | 2.6% | -52.45% | -10.11% |
Facts In Submission
| Frame | Concept Type | Concept / XBRL Key | Value | Unit |
|---|---|---|---|---|
| CY2017Q4 | us-gaap |
Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
|
1289994000 | |
| CY2015Q3 | us-gaap |
Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
|
975874000 | |
| CY2014Q4 | us-gaap |
Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
|
56902000 | |
| CY2014Q4 | us-gaap |
Assets Current
AssetsCurrent
|
189636000 | |
| CY2015Q3 | us-gaap |
Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
|
443330000 | |
| CY2015Q3 | us-gaap |
Accounts Receivable Net Current
AccountsReceivableNetCurrent
|
139041000 | |
| CY2014Q4 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
4367000 | |
| CY2015Q3 | us-gaap |
Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
|
42156000 | |
| CY2015Q3 | us-gaap |
Assets Current
AssetsCurrent
|
185737000 | |
| CY2014Q3 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
7244000 | |
| CY2014Q4 | us-gaap |
Accounts Receivable Net Current
AccountsReceivableNetCurrent
|
128367000 | |
| CY2015Q3 | us-gaap |
Operating Costs And Expenses
OperatingCostsAndExpenses
|
297354000 | |
| CY2015Q3 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
4540000 | |
| CY2014Q3 | us-gaap |
Operating Costs And Expenses
OperatingCostsAndExpenses
|
305395000 | |
| us-gaap |
Operating Costs And Expenses
OperatingCostsAndExpenses
|
861342000 | ||
| us-gaap |
Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
|
455000 | ||
| CY2015Q3 | us-gaap |
Long Term Debt And Capital Lease Obligations Maturities Repayments Of Principal In Year Four
LongTermDebtAndCapitalLeaseObligationsMaturitiesRepaymentsOfPrincipalInYearFour
|
5923000 | |
| CY2015Q3 | us-gaap |
Long Term Debt And Capital Lease Obligations Maturities Repayments Of Principal In Year Five
LongTermDebtAndCapitalLeaseObligationsMaturitiesRepaymentsOfPrincipalInYearFive
|
5923000 | |
| CY2015Q3 | us-gaap |
Long Term Debt And Capital Lease Obligations Maturities Repayments Of Principal After Year Five
LongTermDebtAndCapitalLeaseObligationsMaturitiesRepaymentsOfPrincipalAfterYearFive
|
42243000 | |
| CY2015Q3 | saia |
Capital Lease Obligations Including Interest On Capital Leases
CapitalLeaseObligationsIncludingInterestOnCapitalLeases
|
85273000 | |
| us-gaap |
Operating Costs And Expenses
OperatingCostsAndExpenses
|
897552000 | ||
| CY2015Q3 | saia |
Claims Insurance And Other Noncurrent
ClaimsInsuranceAndOtherNoncurrent
|
35728000 | |
| CY2015Q3 | us-gaap |
Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
|
182666000 | |
| CY2014Q4 | saia |
Claims Insurance And Other Noncurrent
ClaimsInsuranceAndOtherNoncurrent
|
36757000 | |
| CY2014Q4 | us-gaap |
Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
|
189060000 | |
| us-gaap |
Capital Lease Obligations Incurred
CapitalLeaseObligationsIncurred
|
8328000 | ||
| CY2014Q1 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
159000 | |
| us-gaap |
Capital Lease Obligations Incurred
CapitalLeaseObligationsIncurred
|
23979000 | ||
| us-gaap |
Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
|
-7749000 | ||
| us-gaap |
Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
|
7085000 | ||
| us-gaap |
Repayments Of Long Term Capital Lease Obligations
RepaymentsOfLongTermCapitalLeaseObligations
|
20000 | ||
| CY2014Q4 | us-gaap |
Long Term Debt And Capital Lease Obligations Including Current Maturities
LongTermDebtAndCapitalLeaseObligationsIncludingCurrentMaturities
|
83035000 | |
| CY2015Q3 | us-gaap |
Senior Notes
SeniorNotes
|
17857000 | |
| CY2014Q4 | us-gaap |
Senior Notes
SeniorNotes
|
21429000 | |
| CY2015Q3 | us-gaap |
Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
|
87000 | |
| CY2014Q3 | us-gaap |
Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
|
242000 | |
| us-gaap |
Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
|
113000 | ||
| CY2015Q3 | saia |
Effect Of Other Common Stock Equivalents
EffectOfOtherCommonStockEquivalents
|
505000 | |
| CY2014Q3 | saia |
Effect Of Other Common Stock Equivalents
EffectOfOtherCommonStockEquivalents
|
736000 | |
| saia |
Effect Of Other Common Stock Equivalents
EffectOfOtherCommonStockEquivalents
|
511000 | ||
| CY2015Q3 | us-gaap |
Long Term Debt Fair Value
LongTermDebtFairValue
|
81900000 | |
| CY2014Q4 | us-gaap |
Long Term Debt Fair Value
LongTermDebtFairValue
|
83700000 | |
| CY2015Q3 | us-gaap |
Long Term Debt And Capital Lease Obligations Including Current Maturities
LongTermDebtAndCapitalLeaseObligationsIncludingCurrentMaturities
|
81194000 | |
| CY2015Q3 | us-gaap |
Capital Lease Obligations Noncurrent
CapitalLeaseObligationsNoncurrent
|
38337000 | |
| us-gaap |
Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
|
240000 | ||
| saia |
Effect Of Other Common Stock Equivalents
EffectOfOtherCommonStockEquivalents
|
731000 | ||
| CY2015Q3 | us-gaap |
Line Of Credit
LineOfCredit
|
25000000 | |
| CY2014Q4 | us-gaap |
Line Of Credit
LineOfCredit
|
45000000 | |
| CY2014Q4 | us-gaap |
Capital Lease Obligations Noncurrent
CapitalLeaseObligationsNoncurrent
|
16606000 | |
| saia |
Capital Lease Obligation Period
CapitalLeaseObligationPeriod
|
P7Y | ||
| CY2015Q3 | us-gaap |
Long Term Debt And Capital Lease Obligations Maturities Repayments Of Principal Remainder Of Fiscal Year
LongTermDebtAndCapitalLeaseObligationsMaturitiesRepaymentsOfPrincipalRemainderOfFiscalYear
|
5052000 | |
| CY2015Q3 | us-gaap |
Long Term Debt And Capital Lease Obligations Maturities Repayments Of Principal In Year Two
LongTermDebtAndCapitalLeaseObligationsMaturitiesRepaymentsOfPrincipalInYearTwo
|
13066000 | |
| CY2015Q3 | us-gaap |
Long Term Debt And Capital Lease Obligations Maturities Repayments Of Principal In Year Three
LongTermDebtAndCapitalLeaseObligationsMaturitiesRepaymentsOfPrincipalInYearThree
|
13066000 |
