$SAIA
SAIA INC

2021 Q2 Form 10-Q Financial Statement

#000156459021039127 Filed on July 29, 2021

View on sec.gov

Income Statement

Concept 2021 Q2 2020 Q2
Revenue $571.3M $418.1M
YoY Change 36.65% -9.93%
Cost Of Revenue $153.1M $92.30M
YoY Change 65.92% -22.76%
Gross Profit $418.2M $325.8M
YoY Change 28.36% -5.48%
Gross Profit Margin 73.2% 77.92%
Selling, General & Admin $300.7M $256.3M
YoY Change 17.31% -3.06%
% of Gross Profit 71.9% 78.67%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $34.66M $33.70M
YoY Change 2.85% 15.64%
% of Gross Profit 8.29% 10.34%
Operating Expenses $335.3M $290.0M
YoY Change 15.63% -1.19%
Operating Profit $82.93M $35.68M
YoY Change 132.41% -30.26%
Interest Expense $834.0K -$1.600M
YoY Change -152.13% -184.08%
% of Operating Profit 1.01% -4.48%
Other Income/Expense, Net -$404.0K $800.0K
YoY Change -150.5% -145.38%
Pretax Income $82.52M $34.80M
YoY Change 137.13% -29.56%
Income Tax $20.05M $6.400M
% Of Pretax Income 24.29% 18.39%
Net Earnings $62.47M $28.45M
YoY Change 119.56% -23.25%
Net Earnings / Revenue 10.93% 6.81%
Basic Earnings Per Share $2.37 $1.09
Diluted Earnings Per Share $2.34 $1.07
COMMON SHARES
Basic Shares Outstanding 26.33M 26.13M
Diluted Shares Outstanding 26.70M 26.57M

Balance Sheet

Concept 2021 Q2 2020 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $52.86M $29.30M
YoY Change 80.41% 5760.0%
Cash & Equivalents $52.86M $29.28M
Short-Term Investments
Other Short-Term Assets $38.31M $34.10M
YoY Change 12.35% 0.89%
Inventory
Prepaid Expenses
Receivables $261.1M $205.1M
Other Receivables $1.598M $1.200M
Total Short-Term Assets $353.9M $269.6M
YoY Change 31.26% 3.14%
LONG-TERM ASSETS
Property, Plant & Equipment $1.263B $1.241B
YoY Change 1.76% 25.19%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $10.87M $6.600M
YoY Change 64.7% 17.86%
Total Long-Term Assets $1.294B $1.269B
YoY Change 1.96% 16.31%
TOTAL ASSETS
Total Short-Term Assets $353.9M $269.6M
Total Long-Term Assets $1.294B $1.269B
Total Assets $1.647B $1.538B
YoY Change 7.1% 13.76%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $100.5M $81.50M
YoY Change 23.31% 5.16%
Accrued Expenses $133.5M $113.9M
YoY Change 17.19% 2.34%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due $21.65M $19.70M
YoY Change 9.89% 3.68%
Total Short-Term Liabilities $284.9M $248.1M
YoY Change 14.83% 4.6%
LONG-TERM LIABILITIES
Long-Term Debt $39.38M $141.1M
YoY Change -72.09% -12.31%
Other Long-Term Liabilities $137.0M $154.8M
YoY Change -11.52% -56.69%
Total Long-Term Liabilities $176.3M $295.9M
YoY Change -40.4% -17.21%
TOTAL LIABILITIES
Total Short-Term Liabilities $284.9M $248.1M
Total Long-Term Liabilities $176.3M $295.9M
Total Liabilities $584.2M $663.1M
YoY Change -11.89% 11.52%
SHAREHOLDERS EQUITY
Retained Earnings
YoY Change
Common Stock
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $1.063B $875.1M
YoY Change
Total Liabilities & Shareholders Equity $1.647B $1.538B
YoY Change 7.1% 13.76%

Cashflow Statement

Concept 2021 Q2 2020 Q2
OPERATING ACTIVITIES
Net Income $62.47M $28.45M
YoY Change 119.56% -23.25%
Depreciation, Depletion And Amortization $34.66M $33.70M
YoY Change 2.85% 15.64%
Cash From Operating Activities $79.14M $96.90M
YoY Change -18.33% 16.47%
INVESTING ACTIVITIES
Capital Expenditures -$74.60M -$41.30M
YoY Change 80.63% -62.35%
Acquisitions
YoY Change
Other Investing Activities $36.00K $1.200M
YoY Change -97.0% 1100.0%
Cash From Investing Activities -$74.57M -$40.00M
YoY Change 86.42% -63.5%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -5.022M -74.60M
YoY Change -93.27% -377.32%
NET CHANGE
Cash From Operating Activities 79.14M 96.90M
Cash From Investing Activities -74.57M -40.00M
Cash From Financing Activities -5.022M -74.60M
Net Change In Cash -448.0K -17.70M
YoY Change -97.47% -3640.0%
FREE CASH FLOW
Cash From Operating Activities $79.14M $96.90M
Capital Expenditures -$74.60M -$41.30M
Free Cash Flow $153.7M $138.2M
YoY Change 11.25% -28.36%

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