Pam transportation services inc (PTSI)
CashFlow / Yearly
Dec'19Dec'18Dec'17Dec'16Dec'15Dec'14Dec'13Dec'12Dec'11Dec'10Dec'09
OPERATING ACTIVITIES:
Net Loss

7,900

23,994

38,899

11,101

21,436

13,491

-

-

-

-655

-10,847

Net income

-

-

-

-

-

-

5,915

2,179

-2,857

-

-

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

55,107

49,387

42,274

39,114

32,346

36,296

39,088

38,298

34,163

27,035

37,742

Bad debt expense

728

889

341

445

151

456

424

191

22

274

837

Stock compensation-net of excess tax benefits

912

732

614

302

267

270

317

346

149

118

29

Sale leaseback deferred gain amortization

-

-

-

131

224

205

0

-

-

-

-

(Benefit from) provision for deferred income taxes

1,625

7,206

-24,630

6,658

12,901

7,512

3,597

1,365

-2,768

-1,143

-7,104

Reclassification of other than temporary impairment in marketable equity securities

-

-

-42

-709

-833

-1

-29

-70

-315

-60

-1,471

Recognized loss (gain) on marketable equity securities

4,753

-5,388

4,735

1,003

1,001

1,040

601

2,362

817

329

189

Loss (gain) on sale or disposition of equipment

-

-

-

-

-

-

-

166

-98

-

-

Loss/(gain) on disposition of equipment

-583

1,306

58

4,700

5,754

4,591

854

-

-

-

-

Changes in operating assets and liabilities:
(Gain) loss on sale or disposal of equipment

-

-

-

-

-

-

-

-

-

337

-931

Accounts receivable

-884

5,970

1,298

6,408

-1,128

-5,109

8,873

3,313

-1,580

2,232

3,415

Prepaid expenses, deposits, inventories, and other assets

-1,865

137

1,095

685

-1,470

3,299

-4,918

426

2,290

-

-

Prepaid expenses, inventories, and other assets

-

-

-

-

-

-

-

-

-

5,005

-3,217

Income taxes refundable

-1,372

76

155

-2,127

2,358

277

-124

115

-2,139

1,883

-7,639

Trade accounts payable

-2,233

1,731

682

3,231

886

-1,555

-2,802

-3,369

4,987

108

136

Accrued expenses and other liabilities

20,307

509

-266

-3,041

-556

3,085

1,888

927

174

-1,007

1,691

Net cash provided by operating activities

-

-

-

-

-

55,253

-

-

-

-

-

Net cash provided by operating activities

84,297

82,347

50,614

47,719

61,525

-

43,170

33,625

34,895

15,004

32,138

INVESTING ACTIVITIES:
Purchases of property and equipment

79,354

73,882

67,674

86,128

125,720

28,588

71,520

98,046

69,352

24,056

12,261

Proceeds from disposition of equipment

14,263

24,904

18,766

32,256

33,472

38,902

27,304

21,190

9,023

-

-

Proceeds from disposition of equipment

-

-

-

-

-

-

-

-

-

11,614

9,460

Changes in restricted cash

-

-

-

-

-8,012

7,873

120

215

40

746

-19

Sales of marketable equity securities

-

-

-

-

1,500

1,720

857

-

-

-

-

Sales of marketable equity securities

2,984

1,045

6,833

1,550

-

-

-

4,554

1,137

622

399

Purchases of marketable equity securities, net of return of capital

203

7,318

3,211

810

-

-

-

-

-

-

-

Purchases of marketable equity securities, net of return of capital

-

-

-

-

2,769

4,210

838

77

2,142

1,621

0

Net cash used in investing activities

-

-

-

-

-

-49

-

-

-

-

-

Net cash used in investing activities

-62,310

-55,251

-45,286

-53,132

-85,505

-

-44,317

-72,594

-61,374

-14,187

-2,383

FINANCING ACTIVITIES:
Borrowings under line of credit

590,902

615,612

483,297

520,089

549,955

469,918

422,324

445,224

349,868

-

-

Repayments under line of credit

-

-

-

-528,200

-539,979

-469,918

-427,741

-449,135

-340,540

-

-

Borrowings under line of credit

-

-

-

-

-

-

-

-

-

378,347

322,365

Repayments under line of credit

584,047

605,419

485,163

-

-

-

-

-

-

378,347

326,109

Borrowings of long-term debt

60,203

52,717

55,415

83,517

88,018

42,979

41,593

72,991

36,064

15,048

6,736

Repayments of long-term debt

70,917

82,442

48,110

47,457

53,947

58,247

33,208

23,152

24,430

11,970

16,879

Borrowings under margin account

527

7,584

3,412

1,078

3,005

4,351

999

15,948

1,512

0

13,377

Repayments under margin account

4,334

2,206

7,867

2,669

2,779

2,645

1,693

5,237

1,512

0

20,249

Repurchases of common stock

14,285

13,369

6,348

21,056

48,021

16,011

508

-

8,112

0

0

Stock compensation excess tax benefits

-

-

-

-

-

-

-

6

16

5

0

Dividends paid

-

-

-

-

-

-

-

17,403

-

-

-

Dividends paid

-

-

-

-

-

-

-

-

-

0

-

Proceeds from exercise of stock options

0

485

123

91

236

846

46

54

19

4

16

Net cash used in financing activities

-

-

-

-

-

-28,727

-

-

-

-

-

Net cash used in financing activities

-21,951

-27,038

-5,241

5,393

-3,512

-

1,812

39,296

12,885

3,087

-20,743

NET INCREASE IN CASH, CASH EQUIVALENTS AND RESTRICTED CASH

36

58

87

-

-

-

-

-

-

-

-

NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS

-

-

-

-20

-27,492

26,477

665

327

-13,594

3,904

9,012

SUPPLEMENTAL DISCLOSURES OF CASH FLOW INFORMATION:
Interest

8,612

6,095

3,905

3,597

2,821

-

-

-

-

-

-

Interest

-

-

-

-

-

2,946

3,417

2,558

1,778

2,243

-2,410

Income taxes

671

217

518

286

2,950

1,486

77

174

90

2,296

-137

NONCASH INVESTING AND FINANCING ACTIVITIES:
Purchases of property and equipment included in accounts payable

366

1,597

2,973

97

5,031

1,079

598

2,794

4,211

2,525

-38

Purchases of common stock included in accrued expenses and other liabilities

-

-

-

-

-

28,743

13,944

-

-

-

-