MARTEN TRANSPORT LTD MRTN Income Statement

Marten transport ltd (MRTN)

Income statement / Yearly

Dec'19	Dec'18	Dec'17	Dec'16	Dec'15	Dec'14	Dec'13	Dec'12	Dec'11	Dec'10	Dec'09
Operating revenue
843,271	787,594	698,120	671,144	664,994	672,929	659,214	638,456	603,679	516,920	505,874
Operating expenses (income):
Salaries, wages and benefits
274,156	252,047	226,091	224,827	209,455	183,464	171,314	163,242	147,646	131,519	138,752
Purchased transportation
158,948	144,611	118,349	110,719	118,030	123,017	123,436	124,269	120,332	110,408	106,577
Fuel and fuel taxes
121,341	121,633	105,390	94,075	104,582	153,931	163,270	163,596	155,595	114,927	99,898
Supplies and maintenance
46,737	40,853	41,613	43,912	43,319	41,490	40,582	39,919	40,311	35,218	38,223
Depreciation
95,137	88,585	85,120	82,445	75,323	68,243	64,476	60,904	57,531	51,916	53,069
Operating taxes and licenses
10,100	9,473	8,993	9,099	8,914	7,140	7,110	6,741	6,373	6,222	6,672
Insurance and claims
38,201	38,657	38,585	32,223	29,252	27,240	23,681	20,718	18,170	16,573	19,896
Communications and utilities
7,709	6,634	6,047	6,287	5,886	5,798	5,212	4,939	4,605	3,964	4,170
Gain on disposition of revenue equipment
8,680	7,244	5,499	10,502	-	-	-	5,302	3,800	1,110	1,630
Other
23,124	21,997	16,569	19,756	18,858	15,987	14,110	13,577	13,886	11,994	10,888
Total operating expenses
766,773	717,246	641,258	612,841	603,931	621,923	607,219	592,603	560,649	481,631	476,515
Operating income
76,498	70,348	56,862	58,303	61,063	51,006	51,995	45,853	43,030	35,289	29,359
Other
1,190	681	-389	-1,237	-372	667	392	48	24	-	-
Income before income taxes
77,688	71,029	56,473	57,066	60,691	51,673	52,387	45,901	43,054	35,315	29,327
Less: Income before income taxes attributable to noncontrolling interest
-	-	-	-	-	-	84	497	807	631	584
Income before income taxes attributable to Marten Transport, Ltd.
-	-	-	-	-	-	52,303	45,404	42,247	34,684	28,743
NET INTEREST INCOME
-	-	-	-	-	-	-	-	-	26	-32
Income taxes expense
16,617	16,002	-33,811	23,602	24,946	21,839	22,156	18,137	17,962	14,942	12,476
Net income
61,071	55,027	90,284	33,464	35,745	29,834	30,147	27,267	24,285	19,742	16,267
Basic earnings per common share (in dollars per share)
1.12	1.01	1.66	0.62	0.64	0.89	0.91	0.82	0.74	0.90	0.74
Diluted earnings per common share (in dollars per share)
1.11	1.00	1.65	0.61	0.64	0.89	0.90	0.82	0.73	0.90	0.74
Dividends declared per common share (in dollars per share)
0.77	0.10	0.08	0.06	0.06	0.10	0.08	0.56	0.05	0.04	-