Saia, inc. (SAIA)
CashFlow / Yearly
Dec'19Dec'18Dec'17Dec'16Dec'15Dec'14Dec'13Dec'12Dec'11Dec'10Dec'09
Operating Activities:
Net income

113,719

104,981

91,129

48,024

55,016

51,991

43,627

32,048

11,373

1,957

-7,875

Noncash items included in net income:
Depreciation and amortization

119,135

102,153

87,102

76,240

65,020

59,022

51,564

47,985

37,278

36,159

39,342

Income on discontinued operations

-

-

-

-

-

-

-

-

-

-

1,161

Provision for doubtful accounts

2,804

1,978

2,634

1,475

1,463

1,942

2,227

1,833

1,508

3,264

3,201

Deferred income taxes

24,662

27,470

-20,776

12,780

8,420

9,462

12,098

-705

8,331

-1,194

-1,945

Loss (gain) from property disposals, net

403

-379

183

-716

-310

17

721

487

165

277

94

Stock-based compensation

6,187

5,619

5,083

4,599

3,878

4,166

2,902

2,687

1,795

1,892

1,836

Changes in operating assets and liabilities:
Accounts receivable

16,979

12,981

37,985

12,401

-6,896

12,372

13,350

-538

14,376

10,326

-2,983

Accounts payable

10,320

10,608

6,940

-3,349

-382

-8,590

5,479

3,362

2,026

-9,857

1,457

Other, net

-1,724

-3,432

-5,348

-5,803

-6,117

-2,521

-2,307

110

1,004

249

-125

Changes in operating assets and liabilities, net

-4,203

-15,537

-14,023

-13,399

84

11,215

5,213

-13,972

-11,379

-4,607

21,501

Claims, insurance and other

-7,504

2,740

-4,531

860

821

-5,260

-392

448

-66

1,006

-1,892

Net investment in discontinued operations

-

-

-

-

-

-

-

-

-

-1,584

-4,171

Net cash provided by operating activities

272,876

256,436

157,846

146,426

145,833

102,170

101,312

100,675

58,211

23,386

14,089

Investing Activities:
Acquisition of business, net of cash received

-

-

-

-

22,238

-

-

7,616

-

-

-

Acquisition of property and equipment

287,655

223,672

186,696

119,365

86,499

97,750

126,358

86,120

70,862

3,815

8,362

Proceeds from disposal of property and equipment

6,624

1,088

5,172

1,682

818

2,905

4,338

3,305

2,963

560

788

Net cash used in investing activities

-281,031

-222,584

-181,524

-117,683

-107,919

-94,845

-122,020

-90,431

-67,899

-3,255

-7,574

Repayment of revolving credit agreement

331,188

233,888

217,914

199,820

280,461

340,540

223,798

344,867

32,422

136,967

-

Borrowing of revolving credit agreement

357,117

210,888

260,914

185,286

249,994

337,223

262,125

354,857

32,422

136,967

-

Proceeds from stock option exercises

2,927

4,165

4,480

3,173

2,533

7,623

4,948

913

149

168

294

Shares withheld for taxes

3,471

1,396

1,250

650

3,119

-

-

-

-

-

-

Repayment of senior notes

-

-

7,143

7,143

7,143

7,143

22,143

22,143

17,143

-

46,500

Other financing activity

-

-

-

-

-454

-

-586

-

-1,046

-

-

Net proceeds from issuance of common shares

-

-

-

-

-

-

-

-

-

-

24,869

Debt issuance costs

649

-

-

-

-

-

-

-

-

-

3,493

Repayment of finance leases

18,527

16,147

12,228

8,174

3,507

280

-

-

-

-

-

Net cash provided by financing activities

6,209

-36,378

26,859

-27,328

-42,157

-3,117

20,546

-11,240

-18,040

168

-24,830

Net Increase (Decrease) in Cash and Cash Equivalents

-1,946

-2,526

3,181

1,415

-4,243

4,208

-162

-996

-27,728

20,299

-18,315

Non Cash Investing Activities
Equipment financed with finance leases

6,169

29,090

35,483

34,683

27,054

16,886

-

-

-

-

-