Saia, inc. (SAIA)
CashFlow / 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'11
Operating Activities:
Net income

28,111

21,419

32,968

37,073

22,259

25,380

28,195

30,281

21,125

47,790

14,373

17,571

11,395

10,348

13,826

13,275

10,575

11,387

11,777

19,247

12,605

13,569

16,278

13,568

8,576

8,064

12,908

13,500

9,155

5,406

9,256

11,851

5,535

2,473

4,829

3,358

713

Noncash items included in net income:
Depreciation and amortization

32,590

31,877

31,333

29,143

26,782

27,188

26,694

25,241

23,030

22,495

22,338

22,182

20,087

19,330

19,927

19,740

17,243

16,495

16,765

16,561

15,199

14,758

15,336

15,087

13,841

13,799

13,745

12,386

11,634

12,304

12,315

11,951

11,415

10,179

9,723

8,803

8,573

Deferred income taxes

7,069

-

-

-

5,315

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Changes in operating assets and liabilities:
Other, net

-2,129

27,713

-12,034

-14,642

-2,761

11,394

-5,431

-5,787

-3,608

13,464

-4,432

-8,969

-5,411

3,105

-2,557

-4,650

-1,701

-579

-5,565

2,087

-2,060

3,576

-1,779

-2,270

-2,048

602

-378

-1,100

-1,431

2,005

5

-3,149

1,249

1,716

215

-185

-742

Changes in operating assets and liabilities, net

18,632

-5,900

-17,389

-7,631

26,717

2,181

-14,672

-15,307

12,261

-13,044

-7,277

-6,467

12,765

1,416

-15,535

-11,843

12,563

16,430

-12,886

-7,164

3,704

14,449

-11,749

-11,831

20,346

-3,467

-8,544

2,022

15,202

-765

-5,533

674

-8,348

-13,437

-9,605

636

11,027

Net cash provided by operating activities

51,267

65,578

93,724

83,174

30,400

69,326

74,992

76,616

35,502

30,109

48,420

55,189

24,128

28,117

51,845

49,508

16,956

31,795

46,993

40,885

26,160

10,153

45,142

42,756

4,119

33,755

35,575

24,964

7,018

23,250

27,099

26,277

24,049

23,558

23,942

11,710

-999

Investing Activities:
Acquisition of business, net of cash received

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

-842

23,080

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Acquisition of property and equipment

107,591

42,452

78,769

109,693

56,741

68,455

36,644

71,692

46,881

31,020

28,346

38,942

88,388

10,494

6,731

48,145

53,995

17,664

12,369

26,402

30,064

17,977

12,696

58,698

8,379

25,559

28,707

65,367

6,725

4,232

10,446

30,847

40,595

18,553

31,416

14,787

6,106

Proceeds from disposal of property and equipment

4,915

5,946

298

105

275

310

360

318

100

2,082

2,167

316

607

636

451

228

367

153

148

223

294

315

2,169

265

156

1,280

1,785

563

710

696

471

780

1,358

2,408

280

214

61

Net cash used in investing activities

-102,676

-36,506

-78,471

-109,588

-56,466

-68,145

-36,284

-71,374

-46,781

-28,938

-26,179

-38,626

-87,781

-9,858

-6,280

-47,917

-53,628

-17,511

-12,221

-25,337

-52,850

-17,662

-10,527

-58,433

-8,223

-24,279

-26,922

-64,804

-6,015

-3,536

-17,591

-30,067

-39,237

-16,145

-31,136

-14,573

-6,045

Repayment of revolving credit agreement

86,734

110,203

120,468

44,737

55,780

63,155

78,258

49,757

42,718

58,812

88,716

54,945

15,441

56,522

69,926

46,634

26,738

62,555

86,402

59,227

72,277

61,647

87,463

75,133

116,297

56,859

63,164

45,279

58,496

82,616

110,880

88,444

62,927

-

-

-

-

Borrowing of revolving credit agreement

190,874

86,127

109,475

75,127

86,388

68,155

43,258

48,925

50,550

67,313

68,201

44,776

80,624

42,023

27,135

50,564

65,564

52,088

53,402

50,650

93,854

66,647

56,724

94,724

119,128

53,314

55,649

96,611

56,551

73,215

101,326

103,794

76,522

-

-

-

-

Proceeds from stock option exercises

2,137

0

773

356

1,798

0

0

147

4,018

1,949

1,243

0

1,288

-

-

-

-

-283

187

787

1,842

3,464

1,600

603

1,956

1,240

50

2,600

1,058

276

24

277

336

-

-

-

-

Shares withheld for taxes

3,404

0

167

36

3,268

0

75

19

1,302

1

38

0

1,211

0

0

0

650

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other financing activity

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1

0

-1

-454

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Debt issuance costs

-

0

626

-623

646

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Repayment of finance leases

4,803

4,763

4,728

4,447

4,589

4,516

4,293

3,845

3,493

3,409

3,249

3,135

2,435

2,363

2,346

2,075

1,390

1,260

1,082

719

446

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net cash provided by financing activities

98,070

-28,839

-15,741

26,886

23,903

484

-39,368

-4,549

7,055

3,468

-22,559

-16,875

62,825

-17,509

-45,136

-1,469

36,786

-18,700

-33,895

-12,081

22,519

4,632

-29,159

16,623

4,787

-13,377

-7,465

42,275

-887

-20,197

-9,530

4,556

13,931

-

-

-

-

Net Increase (Decrease) in Cash and Cash Equivalents

46,661

233

-488

472

-2,163

1,665

-660

693

-4,224

4,639

-318

-312

-828

750

429

122

114

-4,416

877

3,467

-4,171

-2,877

5,456

946

683

-3,901

1,188

2,435

116

-483

-22

766

-1,257

-2,205

-7,194

-11,285

-7,044

Non Cash Investing Activities
Equipment financed with finance leases

-

-

-

-

-

1,038

5,630

17,104

5,318

4,163

2,629

8,322

20,369

0

0

24,651

10,032

3,075

6,643

13,865

3,471

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-