Roadrunner transportation systems, inc. (RRTS)
Income statement / Quarterly
Dec'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
Revenues

-

459,147

480,688

-

-

536,584

558,026

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Revenues

-

-

-

507,148

-

-

-

569,984

-

521,433

530,579

478,920

-

532,009

483,417

466,546

488,945

496,764

517,623

488,834

532,172

498,086

460,181

382,031

366,966

363,156

331,908

299,380

295,069

279,165

262,546

236,574

238,005

226,193

208,271

171,158

163,690

159,770

Operating expenses:
Purchased transportation costs

279,643

306,362

317,785

342,775

371,702

365,678

380,072

400,963

397,181

358,480

358,432

316,285

382,084

358,271

315,661

308,039

312,782

324,812

345,425

327,377

368,124

347,247

315,334

264,019

256,853

253,158

227,922

206,342

204,511

196,042

185,875

167,031

168,057

165,521

156,398

130,367

128,629

124,436

Personnel and related benefits

72,479

80,161

81,686

79,215

79,910

78,118

75,838

75,887

73,580

73,263

75,672

74,410

73,328

72,767

71,690

68,349

67,266

66,921

66,103

62,964

65,087

55,533

50,109

42,932

40,593

39,816

36,670

34,856

33,928

30,331

28,963

26,733

25,522

23,598

20,323

17,735

15,826

15,420

Other operating expenses

87,776

96,884

95,939

89,614

106,262

93,995

99,712

97,499

102,020

100,123

94,758

96,830

135,012

80,433

85,661

73,873

87,166

88,567

77,010

71,212

96,651

61,781

62,059

50,719

53,648

41,933

38,782

35,690

35,823

31,883

26,940

26,072

29,124

22,163

17,904

14,434

10,502

9,657

Depreciation and amortization

13,203

15,471

14,788

15,542

14,964

9,614

9,124

9,065

9,913

9,319

9,210

9,305

10,509

9,248

9,179

9,209

9,179

8,206

7,434

6,807

7,466

6,319

5,726

4,743

4,214

4,029

3,846

3,355

-

-

-

-

-

-

-

-

-

-

Impairment charges

-

-

-

778

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Operations restructuring costs

-

13,426

-

-

-

0

-

-

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Depreciation and amortization

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

2,424

2,125

1,960

1,597

1,499

1,053

829

747

766

Gain from sale of Unitrans

-

-

-

-

-

-

-

-

-

35,440

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Gain (Loss) on Disposition of Business

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Impairment charges

-

-

-

-

-

-

-

-

-

4,402

-

-

-

372,081

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Impairment charges

-

39,668

108,331

-

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Business Combination, Acquisition Related Costs

-

-

0

-

-

-

4,700

-

-

-

-

-

-

-

-

-

-

564

-

-

0

1,926

0

379

0

561

290

0

85

480

70

138

430

618

106

214

57

-

Total operating expenses

471,352

551,972

618,529

527,924

574,420

547,405

569,401

583,414

582,694

510,147

538,072

496,830

602,513

892,800

482,191

459,470

476,393

489,070

495,972

468,360

537,328

472,806

433,228

362,792

355,308

339,497

307,510

280,243

-

-

-

-

-

-

-

-

-

-

IPO related expenses

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,500

Total operating expenses

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

261,160

243,973

221,934

-

213,399

195,784

163,579

155,761

151,779

Operating Income (Loss)

-70,473

-92,825

-137,841

-20,776

-22,873

-10,821

-11,375

-13,430

-22,335

11,286

-7,493

-17,910

-51,285

-360,791

1,226

7,076

12,552

7,694

21,651

20,474

-5,156

25,280

26,953

19,239

11,658

23,659

24,398

19,137

17,732

18,005

18,573

14,640

13,275

12,794

12,487

7,579

7,929

7,991

Interest expense - preferred stock

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Interest expense
Interest expense:

-

5,480

4,632

3,882

-

35,798

34,232

9,543

-

-

28,355

6,525

-

5,757

5,695

5,608

-

4,913

4,373

4,609

4,427

3,827

2,859

2,250

2,320

2,078

1,610

1,875

-

-

-

-

-

-

-

-

-

-

Interest expense - preferred stock

0

0

0

0

34,117

32,847

31,609

7,115

15,981

8,683

25,040

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Interest expense - debt

6,418

5,480

4,632

3,882

3,222

2,951

2,623

2,428

2,686

1,819

3,315

6,525

-

5,757

5,695

-

-

-

-

-

-

-

-

-

-

-

-

-

2,169

1,943

2,071

1,798

2,079

1,172

451

433

504

2,606

Interest Income (Expense), Net

-6,418

-5,480

-4,632

-3,882

-37,339

-35,798

-34,232

-9,543

-18,667

-10,502

-28,355

-6,525

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Dividends on preferred stock subject to mandatory redemption

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-49

-50

-50

-50

-50

50

-50

Total interest expense

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

2,169

1,943

2,071

1,847

2,129

1,222

501

483

554

2,656

Loss from debt restructuring

0

0

0

-2,270

0

0

0

0

-

-6,049

-9,827

-

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-15,916

Income (Loss) from Continuing Operations before Equity Method Investments, Income Taxes, Noncontrolling Interest

-76,891

-98,305

-142,473

-26,928

-60,212

-46,619

-45,607

-22,973

-41,002

-5,265

-45,675

-24,435

-57,052

-366,548

-4,469

1,468

7,008

2,781

17,278

15,865

-9,583

21,453

24,094

16,989

9,338

21,581

22,788

17,262

15,563

16,062

16,502

12,793

11,146

11,572

11,986

7,096

7,375

-10,581

Income Tax Expense (Benefit)

-2,653

-554

-524

71

-1,774

-5,058

-3,652

670

-17,675

4,788

-7,812

-4,492

-18,189

-46,930

-1,730

568

3,484

1,076

6,707

6,045

-2,698

7,040

9,326

6,575

1,200

8,351

8,818

6,680

6,036

6,190

6,302

4,862

4,281

4,397

4,555

2,696

2,991

-4,454

Net Income (Loss) Attributable to Parent

-74,238

-97,751

-141,949

-26,999

-58,438

-41,561

-41,955

-23,643

-23,327

-10,053

-37,863

-19,943

-38,863

-319,618

-2,739

900

3,524

1,705

10,571

9,820

-6,885

14,413

14,768

10,414

-

13,230

13,970

-

-

-

-

-

-

-

-

-

4,384

-6,127

Accretion of Series B preferred stock

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

250

Net income available to common stockholders

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

9,527

9,872

10,200

7,931

6,865

7,175

7,431

4,400

4,384

-6,377

Net income available to common stockholders

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

10,582

-

-

-

-

-

-

-

-

-

-

Earnings Per Share [Abstract]
Basic (in usd per share)

-2.47

-2.60

-3.77

-1.78

-37.79

-26.99

-27.24

-15.37

-57.60

-0.26

-0.99

-0.52

-1.01

-8.34

-0.07

0.02

0.09

0.04

0.28

0.26

-0.19

0.38

0.39

0.28

0.22

0.36

0.39

0.30

0.30

0.32

0.33

0.26

0.22

0.23

0.25

0.15

0.15

-0.25

Diluted (in usd per share)

-2.47

-2.60

-3.77

-1.78

-37.79

-26.99

-27.24

-15.37

-57.60

-0.26

-0.99

-0.52

-1.01

-8.34

-0.07

0.02

0.09

0.04

0.27

0.25

-0.19

0.37

0.38

0.27

0.20

0.35

0.37

0.29

0.28

0.31

0.32

0.25

0.21

0.23

0.24

0.14

0.14

-0.25

Weighted average common stock outstanding:
Basic (shares)

37,971

37,639

37,603

15,179

1,550

1,540

1,540

1,538

-109,053

38,420

38,412

38,365

38,341

38,328

38,319

38,284

38,271

38,264

38,170

38,011

37,931

37,920

37,868

37,689

37,550

36,407

35,585

34,990

31,738

30,859

30,821

30,742

30,714

30,562

30,285

30,167

30,052

25,497

Diluted (shares)

37,971

37,639

37,603

15,179

1,550

1,540

1,540

1,538

-109,053

38,420

38,412

38,365

38,253

38,328

38,319

38,372

38,401

39,471

39,524

39,324

39,143

39,380

39,330

39,183

39,411

38,191

37,307

36,743

33,125

32,260

32,186

32,129

31,509

31,758

31,522

31,391

31,089

25,497