Pam transportation services inc (PTSI)
Income statement / Quarterly
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14Sep'14Jun'14Mar'14Dec'13Sep'13Jun'13Mar'13Dec'12Sep'12Jun'12Mar'12Dec'11Sep'11Jun'11Mar'11Sep'10Jun'10
OPERATING REVENUES:
Operating revenues

129,155

123,497

128,994

133,000

128,686

138,176

140,325

135,302

119,458

110,888

108,899

108,646

109,405

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Revenue, before fuel surcharge

-

-

-

-

-

-

-

-

-

-

-

-

-

-

95,926

98,921

93,649

89,590

92,076

91,053

82,684

78,924

82,158

80,606

74,896

75,469

79,163

80,657

77,828

74,398

74,432

73,700

75,168

70,959

70,616

74,480

68,123

74,798

71,940

Fuel surcharge

-

-

-

-

-

-

-

-

-

-

-

-

-

-

13,467

12,595

9,940

12,834

15,034

16,980

16,799

22,791

24,901

23,737

22,924

21,076

22,715

23,751

22,154

-

20,117

20,456

-

-

-

-

-

-

-

Fuel surcharge

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

20,987

-

18,322

21,410

16,903

11,908

13,298

Total operating revenues

-

-

-

-

-

-

-

-

-

-

-

-

-

-

109,393

111,516

103,589

102,424

107,110

108,033

99,483

101,715

107,059

104,343

97,820

96,545

101,878

104,408

99,982

95,773

94,549

94,156

96,155

89,389

88,938

95,890

85,026

86,706

85,238

OPERATING EXPENSES AND COSTS:
Salaries, wages and benefits

32,798

35,152

32,920

30,603

31,063

30,820

30,389

29,971

28,639

26,342

24,718

25,263

25,904

28,745

28,167

27,841

27,482

26,911

26,533

26,566

25,933

26,971

28,333

27,032

26,035

25,968

26,288

27,386

27,395

16,715

26,346

33,764

32,041

21,546

30,276

29,386

28,829

27,776

26,974

Operating supplies and expenses

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

8,780

8,812

8,849

-

10,303

10,118

-

-

-

-

-

-

-

Operating supplies and expenses

23,715

24,933

25,455

24,520

23,512

22,927

24,026

23,506

22,671

20,361

19,502

19,410

20,232

21,677

21,155

21,042

19,119

20,676

21,912

24,125

23,165

27,730

31,696

33,283

34,166

133,605

1,162

1,230

1,271

-

1,246

1,240

-

-

-

-

-

-

-

Rent and purchased transportation

42,927

39,752

40,740

43,353

44,554

50,355

53,108

52,075

45,917

43,637

44,000

43,717

43,123

40,180

40,013

40,718

37,387

-

35,255

33,570

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Fuel expense

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

23,500

24,232

26,970

-

26,426

27,389

30,847

28,590

30,965

34,137

31,264

23,312

24,692

Rents and purchased transportation

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

29,057

-

23,037

21,957

20,761

20,717

22,217

22,194

20,098

-

14,388

6,326

-

-

-

-

-

-

-

Rents and purchased transportation

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

6,998

-

5,869

5,927

4,884

15,241

11,286

Depreciation

14,295

14,133

14,173

13,614

13,187

12,862

12,168

12,734

11,623

10,941

10,177

10,485

10,671

10,103

10,166

9,668

9,177

8,593

8,452

7,744

7,557

8,966

9,037

9,167

9,126

9,552

9,676

9,766

10,094

10,105

9,639

9,307

9,247

9,418

8,071

8,642

8,032

6,957

6,505

Insurance and claims

42

23,750

3,697

4,061

4,114

4,162

4,310

4,451

4,268

4,116

4,232

4,439

4,697

4,474

3,609

4,491

4,058

4,069

3,889

3,951

3,406

8,149

4,475

3,908

3,742

3,621

3,717

3,810

3,438

-

3,487

3,260

-

-

-

-

-

-

-

Operating supplies and expenses

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

9,325

-

10,364

9,329

9,155

7,852

7,127

Operating taxes and licenses

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,240

-

1,189

1,257

1,266

1,293

1,273

Insurance and claims

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

3,335

-

3,113

3,433

3,279

3,219

3,195

Communications and utilities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

558

519

601

-

533

537

590

591

555

629

721

686

664

Other

5,844

3,440

3,788

3,539

2,994

3,073

3,262

3,067

2,581

2,457

2,371

2,304

2,117

2,231

1,937

2,014

2,170

2,037

2,200

2,288

2,379

2,875

2,657

1,928

2,411

3,866

1,764

1,666

1,660

-

1,088

1,223

-

-

-

-

-

-

-

Loss/(gain) on disposition of equipment

-48

-221

-688

-99

425

699

91

519

-3

318

-131

-130

1

749

949

1,612

1,390

1,143

1,357

2,093

1,161

1,178

626

1,521

1,266

31

468

213

142

-

-154

280

-

-

-

-

-

-

-

Other

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,410

-

1,228

1,549

1,384

1,321

1,230

(Gain) loss on disposition of equipment

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-36

-

-4

-2

-25

472

28

Total operating expenses and costs

119,669

141,381

121,461

119,789

118,999

123,500

127,172

125,285

115,702

107,536

105,131

105,748

106,743

106,661

104,098

104,162

98,003

97,449

96,884

96,151

90,336

98,589

98,609

95,754

94,975

94,477

97,194

99,402

100,234

96,167

93,610

92,884

95,069

89,822

91,634

94,291

88,839

87,185

82,918

OPERATING INCOME

9,486

-17,884

7,533

13,211

9,687

14,676

13,153

10,017

3,756

3,352

3,768

2,898

2,662

1,693

5,295

7,354

5,586

4,975

10,226

11,882

9,147

3,126

8,450

8,589

2,845

2,068

4,684

5,006

-252

-394

939

1,272

1,086

-433

-2,696

1,599

-3,813

-479

2,320

NON-OPERATING (EXPENSE)/INCOME

-9,076

2,457

490

-197

3,472

-4,704

935

632

-879

384

2,767

650

2,052

282

1,235

-10

-22

1,731

-732

272

245

974

594

259

272

838

130

289

283

611

1,188

895

594

226

173

26

1,126

271

379

INTEREST EXPENSE

2,212

2,377

2,178

2,059

2,040

2,019

1,711

1,355

1,160

1,070

920

935

977

982

927

910

822

1,425

132

644

617

660

632

743

862

834

846

880

815

785

645

605

561

442

375

491

490

591

606

(LOSS)/INCOME BEFORE INCOME TAXES

-1,802

-17,804

5,845

10,955

11,119

7,953

12,377

9,294

1,717

2,666

5,615

2,613

3,737

993

5,603

6,434

4,742

5,281

9,362

11,510

8,775

3,440

8,412

8,105

2,255

2,072

3,968

4,415

-784

-

1,482

1,562

-

-

-

-

-

-

-

FEDERAL AND STATE INCOME TAX (BENEFIT) EXPENSE:
(LOSS) INCOME BEFORE INCOME TAXES

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,119

-

-2,898

1,134

-3,177

-799

2,093

Current

-

288

106

107

89

-178

142

142

35

113

116

66

67

-154

115

28

24

-585

337

421

418

24

569

496

120

-

9

-

-

-70

35

52

34

35

0

0

0

-2,108

1,409

Deferred

-498

-4,456

1,158

2,194

2,729

2,061

2,987

1,863

295

-29,008

2,053

938

1,387

424

2,037

2,414

1,783

2,633

3,230

4,050

2,988

1,284

2,786

2,664

778

626

1,566

1,733

-328

-187

566

575

411

-816

-1,194

441

-1,199

1,800

-578

Total federal and state income tax (benefit) expense

-498

-4,168

1,264

2,301

2,818

-1,883

3,129

2,005

330

-28,895

2,169

1,004

1,454

270

2,152

2,442

1,807

2,048

3,567

4,471

3,406

1,308

3,355

3,160

898

776

1,575

1,733

-328

-257

601

627

445

-781

-1,194

441

-1,199

-308

831

NET (LOSS)/INCOME

-1,304

-13,636

4,581

8,654

8,301

6,070

9,248

7,289

1,387

31,561

3,446

1,609

2,283

723

3,451

3,992

2,935

3,233

5,795

7,039

5,369

-

-

-

-

-

-

-

-

-

-

-

674

-

-1,704

693

-1,978

-491

1,262

NET INCOME

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

5,057

4,945

1,357

-

2,393

2,682

-456

-

881

935

-

-

-

-

-

-

-

(LOSS) INCOME PER COMMON SHARE:
Basic (in dollars per share)

-0.23

-2.37

0.80

1.47

1.40

1.02

1.53

1.18

0.22

4.99

0.54

0.25

0.36

0.12

0.54

0.61

0.41

0.46

0.81

0.95

0.72

0.27

0.63

0.62

0.17

0.14

0.28

0.31

-0.05

-0.04

0.10

0.11

0.08

0.00

-0.19

0.08

-0.21

-0.05

0.13

Diluted (in dollars per share)

-0.23

-2.37

0.79

1.45

1.39

1.01

1.52

1.17

0.22

4.93

0.54

0.25

0.36

0.12

0.53

0.61

0.41

0.47

0.80

0.94

0.72

0.26

0.63

0.62

0.17

0.14

0.28

0.31

-0.05

-0.04

0.10

0.11

0.08

0.00

-0.19

0.08

-0.21

-0.05

0.13

AVERAGE COMMON SHARES OUTSTANDING:
Basic (in shares)

5,746

5,751

5,756

5,901

5,921

5,975

6,034

6,159

6,168

6,218

6,326

6,381

6,399

6,397

6,439

6,551

7,121

7,110

7,186

7,431

7,425

7,990

7,993

7,992

7,985

8,648

8,654

8,658

8,688

8,700

8,702

8,702

8,696

17,881

8,941

9

9,392

9,415

9,415

Diluted (in shares)

5,746

5,751

5,799

5,949

5,985

6,029

6,088

6,229

6,264

6,364

6,373

6,430

6,425

6,421

6,458

6,572

7,145

7,140

7,219

7,474

7,467

8,036

8,032

8,035

8,033

8,718

8,663

8,659

8,688

8,704

8,703

8,703

8,698

17,881

8,941

9

9,392

9,415

9,421

DIVIDENDS DECLARED PER COMMON SHARE (in Dollars per share)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1.00

0.00

0.00

1.00

-

0.00

0.00

0.00

-

-

Freight Transportation Service [Member]
Operating revenues

111,822

106,665

110,149

112,352

110,345

116,611

117,259

112,881

99,104

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Fuel Surcharge [Member]
Operating revenues

17,333

16,832

18,845

20,648

18,341

21,565

23,066

22,421

20,354

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-