Patriot transportation holding, inc. (PATI)
Balance Sheet / TTM
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14Sep'14
Assets
Current assets:
Cash and cash equivalents

11,345

19,123

21,216

6,020

222

436

1

17,032

14,062

12,000

11,289

9,407

6,866

4,677

6,005

2,639

2,018

0

0

0

0

0

0

Treasury bills available for sale

-

-

-

14,430

18,863

19,766

17,298

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

Accounts receivable, net of allowance for doubtful accounts of $112 and $133, respectively

5,670

6,294

6,588

7,472

8,390

7,684

7,866

7,202

7,094

6,749

7,642

6,160

6,444

6,825

7,043

8,340

7,985

6,492

7,382

7,772

7,709

7,282

7,119

BP claim settlement receivable

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,687

-

-

-

-

-

Federal and state taxes receivable

156

486

290

117

163

299

547

0

0

402

516

414

463

134

261

0

0

178

115

-

-

-

0

Inventory of parts and supplies

945

907

949

944

907

890

895

879

909

909

855

863

829

853

811

774

768

773

780

920

853

888

895

Prepaid tires on equipment

1,524

1,580

1,616

1,666

1,666

1,699

1,746

1,762

1,793

1,877

1,913

1,925

1,938

1,969

2,052

1,990

1,924

1,889

2,019

2,086

1,992

2,063

2,048

Prepaid taxes and licenses

309

387

536

196

338

397

609

269

460

406

612

381

597

463

681

373

601

479

694

303

531

559

754

Prepaid insurance

1,493

2,810

2,895

1,994

2,115

1,994

2,348

1,514

942

1,391

823

919

705

662

820

306

418

529

748

332

443

518

789

Prepaid expenses, other

354

332

334

-

-

-

134

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Prepaid expenses, other

-

-

-

373

187

116

-

128

177

57

71

85

104

31

64

83

86

49

58

81

95

76

80

Total current assets

21,796

31,919

34,424

33,212

32,851

33,281

31,444

28,786

25,437

23,791

23,721

20,154

17,946

15,614

17,737

14,505

13,800

12,076

11,796

11,494

11,623

11,386

11,685

Land

-

-

-

-

-

-

2,773

-

-

-

2,773

-

-

-

2,626

-

-

-

2,679

-

-

-

2,661

Buildings

-

-

-

-

-

-

5,713

-

-

-

5,639

-

-

-

5,494

-

-

-

5,507

-

-

-

5,514

Equipment

-

-

-

-

-

-

86,224

-

-

-

93,511

-

-

-

94,663

-

-

-

91,800

-

-

-

88,896

Property and equipment, at cost

88,597

89,990

91,332

93,729

93,044

93,622

94,710

96,106

96,785

100,372

101,923

101,971

102,193

102,765

102,783

100,820

99,464

100,011

99,986

98,695

96,672

98,460

97,071

Less accumulated depreciation

54,756

55,830

57,765

59,678

59,414

60,636

60,799

61,994

60,815

62,267

62,331

62,203

60,812

60,231

59,080

60,224

58,599

59,314

57,366

57,658

55,503

56,184

54,897

Net property and equipment

33,841

34,160

33,567

34,051

33,630

32,986

33,911

34,112

35,970

38,105

39,592

39,768

41,381

42,534

43,703

40,596

40,865

40,697

42,620

41,037

41,169

42,276

42,174

Operating lease right-of-use assets

3,750

3,595

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Goodwill

3,637

3,637

3,431

3,431

3,431

3,431

3,431

3,431

3,431

3,431

3,431

3,431

3,431

3,431

3,431

3,431

3,431

3,431

3,431

3,431

3,431

3,431

3,431

Intangible assets, net

1,057

1,112

701

740

778

816

855

897

938

980

1,021

1,062

1,105

1,152

1,214

1,245

1,291

1,338

1,384

1,532

1,571

3,704

3,812

Other assets, net

180

165

170

171

190

181

176

179

181

185

189

187

196

213

214

246

263

276

295

22

13

32

32

Total assets

64,261

74,588

72,293

71,605

70,880

70,695

69,817

67,405

65,957

66,492

67,954

64,602

64,059

62,944

66,299

60,023

59,650

57,818

59,526

57,516

57,807

60,829

61,134

Liabilities and Shareholders' Equity
Current liabilities:
Accounts payable

2,950

2,421

3,184

3,221

3,397

3,589

3,271

2,418

2,361

3,331

4,948

2,296

2,629

1,887

4,896

2,415

3,634

2,092

4,163

3,689

2,821

3,069

2,902

Dividends payable

-

10,557

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Federal and state taxes payable

-

-

-

-

-

-

-

202

96

-

-

-

-

-

-

145

708

-

-

206

681

119

129

Bank overdraft

-

-

-

0

0

0

625

-

-

-

0

-

-

-

-

0

0

324

773

324

539

408

933

Deferred income taxes

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

23

25

346

345

Accrued payroll and benefits

3,461

3,295

3,906

3,892

3,764

3,918

3,963

3,966

3,937

3,732

4,143

4,009

3,534

3,608

4,608

4,110

3,680

3,310

5,363

4,985

4,766

3,716

3,937

Accrued insurance

1,413

1,655

1,339

2,339

2,169

2,358

1,896

1,350

1,123

614

558

490

437

376

700

795

746

864

1,102

1,067

1,270

1,100

1,186

Accrued liabilities, other

659

575

398

310

231

237

408

311

227

228

379

296

194

188

369

227

263

590

393

383

353

302

518

Operating lease liabilities, current portion

1,166

1,166

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Total current liabilities

9,649

19,669

8,827

9,762

9,561

10,102

10,163

8,247

7,744

7,905

10,028

7,091

6,794

6,059

10,573

7,692

9,031

7,180

11,794

10,677

10,455

9,060

9,950

Operating lease liabilities less current portion

2,785

2,642

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Long-term debt

-

-

-

-

-

-

-

-

-

0

-

0

0

0

-

0

0

478

-

1,430

3,179

6,551

7,282

Deferred income taxes

5,783

6,237

6,237

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred income taxes

-

-

-

6,017

5,950

5,941

5,940

6,095

6,416

7,024

10,045

9,895

10,154

10,631

10,479

8,964

8,664

8,995

8,334

7,897

7,732

9,170

8,579

Accrued insurance

1,339

1,339

1,339

204

204

204

204

193

193

193

193

180

180

180

184

680

708

1,026

1,026

1,317

1,439

1,393

1,393

Other liabilities

881

871

1,093

1,096

1,099

1,100

1,104

1,105

1,107

1,108

1,105

1,106

1,109

1,098

1,117

1,130

1,143

1,156

1,170

778

788

831

1,208

Total liabilities

20,437

30,758

17,496

17,079

16,814

17,347

-

15,640

15,460

16,230

-

18,272

18,237

17,968

-

18,466

19,546

18,835

-

22,099

23,593

27,005

-

Commitments and contingencies

-

-

-

-

-

-

-

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

Shareholders' Equity:
Preferred stock, 5,000,000 shares authorized, of which 250,000 shares are designated Series A Junior Participating Preferred Stock; $0.01 par value; none issued and outstanding

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

-

0

Common stock, $.10 par value; (25,000,000 shares authorized; 3,377,279 and 3,351,329 shares issued and outstanding, respectively)

338

335

335

335

335

333

333

333

332

330

330

330

330

329

329

329

329

327

327

327

327

-

0

Capital in excess of par value

38,550

38,158

38,099

37,966

37,909

37,492

37,436

37,383

37,202

36,781

36,726

36,674

36,621

36,037

35,919

35,741

35,667

35,411

35,005

34,803

34,603

-

0

Net investment by Parent

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

33,771

32,669

Retained earnings

4,813

5,214

16,235

16,041

15,645

15,356

14,472

13,843

12,757

12,945

9,353

9,152

8,697

8,436

7,524

5,436

4,057

3,194

1,819

234

-769

-

0

Accumulated other comprehensive income, net

123

123

128

184

177

167

165

206

206

206

174

174

174

174

174

51

51

51

51

53

53

53

53

Total shareholders' equity

43,824

43,830

54,797

54,526

54,066

53,348

52,406

51,765

50,497

50,262

46,583

46,330

45,822

44,976

43,946

41,557

40,104

38,983

37,202

35,417

34,214

33,824

32,722

Total liabilties and shareholders' equity

64,261

74,588

72,293

71,605

70,880

70,695

69,817

67,405

65,957

66,492

67,954

64,602

64,059

62,944

66,299

60,023

59,650

57,818

59,526

57,516

57,807

60,829

61,134