Marten transport ltd (MRTN)
CashFlow / Yearly
Dec'19Dec'18Dec'17Dec'16Dec'15Dec'14Dec'13Dec'12Dec'11Dec'10Dec'09
Cash flows provided by operating activities:
Net income

61,071

55,027

90,284

33,464

35,745

29,834

30,147

27,267

24,285

19,742

16,267

Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation

95,137

88,585

85,120

82,445

75,323

68,243

64,476

60,904

57,531

51,916

53,069

Gain on disposition of revenue equipment

8,680

7,244

5,499

10,502

-

-

-

5,302

3,800

1,110

1,630

Deferred income taxes

16,045

5,351

-47,228

13,490

14,720

9,422

4,303

4,822

10,076

10,550

5,563

Excess tax benefits from share-based payment arrangement exercises

-

-

-

-

-

115

165

336

142

338

-223

Share-based payment arrangement compensation expense

1,800

3,300

1,300

883

1,404

921

1,084

1,225

1,349

1,264

586

Equity in loss from affiliate

-155

493

-271

-1,018

-296

246

111

-

-

-

-

Distribution from affiliate

0

227

400

-

0

-

-

-

-

-

-

Adoption of accounting standard

0

485

0

-

-

-

-

-

-

-

-

Tax benefits from share-based payment arrangement exercises

-

-

-

46

373

159

189

409

164

385

255

Income before income taxes attributable to noncontrolling interest

-

-

-

-

-

-

84

497

807

631

584

Changes in other current operating items:
Receivables

13,638

8,131

5,974

-8,518

-7,968

14,913

6,478

7,795

-1,247

14,246

7,712

Prepaid expenses and other

524

114

503

1,173

1,274

1,586

25

64

2,020

1,078

1,377

Accounts payable

5,259

1,800

11

594

-4,853

-723

2,387

1,021

-1,585

348

3,519

Insurance and claims accruals

3,626

1,926

6,737

3,205

2,237

-406

566

796

-4,611

-1,569

-2,164

Accrued and other current liabilities

-7,088

9,881

-2,990

-

-

-

-

-

-

-

-

Accrued liabilities

-

-

-

1,813

6,419

-4,232

-1,298

2,095

2,905

-1,973

-3,229

Net cash provided by operating activities

153,180

150,623

121,879

133,801

128,670

81,971

89,187

85,539

86,206

64,522

81,686

Cash flows used for investing activities:
Proceeds from equipment dispositions

-

-

-

23

-

-

-

-

-

-

-

Disposition of investment in affiliate

1,168

0

0

-

-

-

-

-

-

-

-

Proceeds from buildings and land, office equipment and other dispositions

-

-

-

23

-

-

-

-

-

-

-

Decrease in cash and cash equivalents resulting from change to equity method of accounting

-

-

-

-

-

-

1,924

-

-

-

-

Purchases of marketable securities

-

-

-

-

-

-

-

-

-

-

-113,170

Sales of marketable securities

-

-

-

-

-

-

-

-

-

-

115,656

Other

25

15

43

42

39

37

35

34

-102

-26

233

Net cash used for investing activities

-137,229

-101,270

-95,318

-97,290

-125,081

-118,606

-74,722

-88,115

-48,271

-81,181

-77,164

Cash flows used for financing activities:
Dividends on common stock

42,100

5,500

4,400

3,252

3,342

3,339

2,769

18,679

1,758

877

-

Borrowings under credit facility and long-term debt

0

0

40,831

179,687

141,908

168,444

82,697

21,517

37,632

160,395

1,115

Repayment of borrowings under credit facility and long-term debt

0

0

48,717

209,668

128,414

144,071

85,423

18,791

56,978

142,548

2,473

Repurchase and retirement of common stock

0

3,756

0

7,513

16,175

0

0

-

-

-

-

Issuance of common stock from share-based payment arrangement exercises

1,620

938

1,090

4,416

3,490

1,214

1,126

968

137

303

-332

Change in checks issued in excess of cash balances

-

-

-

-

-745

745

0

-

-1,066

-605

-136

Excess tax benefits from share-based payment arrangement exercises

-

-

-

-

-

115

165

336

142

338

223

Employee taxes paid in exchange for shares withheld

784

104

47

127

0

0

-

-

-

-

-

Cash in lieu of fractional shares from stock split

0

0

54

-

0

-

-

-

-

-

-

Noncontrolling interest distributions

-

-

-

-

-

-

84

123

529

451

-568

Net cash used for financing activities

-41,253

-8,381

-11,258

-36,457

-3,278

23,108

-4,288

-14,772

-22,420

16,555

-1,507

Net change in cash and cash equivalents

-25,302

40,972

15,303

54

311

-13,527

10,177

-17,348

15,515

-104

3,015

Supplemental non-cash disclosure:
Change in property and equipment not yet paid

249

-3,604

-1,559

4,511

2,853

-3,973

6,644

-6,203

1,499

253

-1,288

Operating lease assets and liabilities acquired

1,668

0

0

-

-

-

-

-

-

-

-

Supplemental disclosure of cash flow information:
Income taxes

4,953

9,526

14,355

31

2,121

26,766

16,190

8,836

-2,559

13,789

4,905

Interest

52

50

151

214

252

179

97

9

36

225

200

Revenue Equipment [Member]
Revenue equipment additions

184,680

161,160

148,856

154,984

-

-

-

-

-

-

-

Proceeds from equipment dispositions

51,025

67,262

61,227

65,082

-

-

-

-

-

-

-

Proceeds from buildings and land, office equipment and other dispositions

51,025

67,262

61,227

65,082

-

-

-

-

-

-

-

Buildings And Land Office Equipment And Other [Member]
Revenue equipment additions

4,723

7,362

7,693

7,369

-

-

-

-

-

-

-

Proceeds from equipment dispositions

6

5

47

-

-

-

-

-

-

-

-