Usa truck inc. (USAK)
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 (loss) income

-2,551

-

-

-

1,501

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-6,072

-3,486

-4,873

-4,354

-4,305

598

-2,716

Net income

-

-

-

-

-

-

-

2,544

1,035

14,822

411

-2,846

-4,890

-3,812

-734

-1,346

-1,807

3,937

2,727

2,770

1,635

3,552

3,600

722

-1,589

-5,519

-602

-1,398

-2,474

-

-

-

-

-

-

-

-

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

10,011

9,598

9,652

9,125

8,818

6,932

6,735

7,477

7,180

7,150

6,790

6,879

7,644

7,672

7,411

7,599

7,272

7,529

8,702

10,447

10,802

10,676

10,792

11,148

11,455

11,548

11,632

10,852

10,915

11,487

11,236

11,178

11,157

11,772

12,389

12,488

12,614

Provision for doubtful accounts

-

-

-

-

-

-

-

-

-

-

-

-

-

57

18

121

319

-233

-37

380

17

-16

375

310

113

269

8

35

-125

72

-46

65

62

-22

18

70

-7

Deferred income tax, net

-1,752

-453

728

171

-945

-3,703

-1,541

1,913

949

10,754

-311

2,473

3,723

2,194

304

-1,423

-1,020

-

-

-

-510

-

-

-

-

3,254

93

388

1,590

-

-

-

-

-

-

-

-1,190

Share-based compensation

471

527

-107

705

589

559

437

304

-136

170

137

131

21

281

302

262

131

291

446

130

226

120

27

103

116

-

-

-

-

-

-

-

-

-

-

-

-

Deferred income taxes

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-3,455

-1,818

-2,674

-

-

-

-

Stock-based compensation

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-89

-

80

78

8

-29

123

-97

19

Gain on disposal of assets, net

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

343

-

-

430

389

-

-

-

-

-

-

-

-

Reversal of previously recorded restructuring, impairment and other costs

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-750

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Impairment of property and equipment

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Loss (gain) on disposal of assets, net

-38

-205

696

-141

145

895

902

395

169

222

214

77

260

357

181

182

396

1,781

3,008

2,255

503

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Reversal of restructuring, impairment and other costs

-

-

-

-

-

0

0

0

639

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Asset impairment

-

-

-

-

-

-

-

-

-

-

-

-

-

2,839

0

0

1,070

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other

-33

1

43

12

-139

495

-614

273

51

50

51

51

19

-2

-33

41

41

-238

2

2

2

-

-

5

-1

-1,196

1,462

9

-25

-

-

-

-

-

-

-

-

Changes in operating assets and liabilities:
Gain on disposal of assets, net

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

542

711

648

1,341

915

Deferred gain

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

2

2

2

1

8

-4

1

Accounts and other receivables

6,600

-6,836

-7,348

1,481

4,942

-6,207

-3,962

6,168

1,230

-4,089

2,710

-371

-573

-5,206

1,866

-2,773

4,164

2,537

-6,487

-851

-6,739

-2,535

-3,668

1,149

12,585

-3,254

2,831

-151

2,326

2,918

-288

2,129

5,033

-10,372

38,096

-9,757

-8,950

Inventories and prepaid expenses

917

-1,417

-471

-3,333

403

2,543

-1,304

-1,411

598

2,605

-1,062

-1,935

275

2,554

-1,224

-932

581

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Inventories, prepaid expenses and other current assets

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-3,396

-577

2,841

-2,905

918

-760

1,855

-2,797

-127

-502

889

-1,259

-822

-1,482

2,465

-831

2,780

811

-2,428

Accounts payable and accrued liabilities

109

4,571

-3,576

-1,563

754

-7,280

-5,639

-262

9,734

-945

6,143

-1,601

4,929

-9,363

3,693

-4,202

3,927

-15,974

6,615

9,731

2,167

-14,847

5,227

1,590

9,447

-4,603

-2,461

3,830

-549

-1,350

-724

1,918

4,572

-3,814

-3,025

1,520

7,775

Insurance and claims accruals

-594

-

-

-

1,418

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Insurance and claims accruals

-

-

-

-

-

-

-

41

1,369

3,666

-1,138

-662

3,737

-806

111

1,580

-376

441

-492

1,190

550

259

-576

791

988

5,140

2,572

2,387

658

-543

2,083

1,422

760

-143

485

-280

516

Other long-term assets and liabilities

-581

397

-69

17

710

-274

-55

-55

-61

423

-45

-88

-31

-54

-59

-47

-56

375

-460

1,128

-294

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net cash provided by operating activities

2,333

17,029

10,680

7,790

7,964

12,333

10,502

2,821

15,607

15,209

10,786

1,694

7,768

-

-

-

-

-

-

-

20,344

-

-

-

-

-

-

-

-

-

3,720

7,984

970

11,573

2,544

4,828

4,717

Investing activities:
Acquisition of Davis Transfer Company (net of cash)

-

0

0

0

305

-

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net cash provided by operating activities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

8,966

6,430

-

-

-

-

-

-

-

5,748

-

7,864

15,665

3,167

-

-

-

-

-

-

-

-

Capital expenditures

11,137

-

-53

8,168

17,041

-

8,499

3,981

307

6,331

4,177

1,156

2,312

-2,684

35,370

24,845

2,220

-

-

-

-

-

-

-

-

2,829

2,886

4,418

2,791

2,779

11,396

7,498

341

4,552

14,603

10,209

15,085

Capital expenditures

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

24,357

8,965

11,678

-

12,043

19,575

2,959

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from sale of property and equipment

1,036

1,412

1,128

1,785

5,858

1,573

6,010

1,458

1,308

4,569

-550

5,117

4,739

3,285

9,868

9,783

2,913

7,562

15,266

9,750

6,196

4,041

4,001

5,028

3,853

5,249

5,359

2,989

2,160

2,050

3,874

5,867

5,860

5,482

3,992

6,839

6,757

Proceeds from operating sale leaseback

-

-

-

-

-

-

-

-

-

0

0

0

10,980

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net cash used in investing activities

-10,101

-8,107

1,181

-6,383

-11,488

-52,099

2,834

-2,523

1,001

-1,762

-4,727

3,961

13,407

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-7,446

-1,699

5,477

953

-10,657

-3,367

-8,339

Change in other assets, net

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-1

-4

-8

-7

2

-8

-39

7

-49

-76

68

42

-23

46

-3

11

Net cash provided by (used in) investing activities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-15,062

693

-

-1,116

785

-5,482

-17,917

-8,038

-14,539

901

2,418

2,481

-1,390

-638

-

-

-

-

-

-

-

-

Financing activities:
Borrowings under long-term debt

21,025

13,475

18,425

41,650

12,050

56,044

10,732

11,600

5,878

9,236

8,900

5,550

6,305

10,668

16,104

33,813

12,424

28,501

1,001

2,500

108,736

25,230

5,121

20,922

22,895

5,201

-53,679

95,828

31,128

111,818

66,110

47,071

51,557

28,166

44,085

28,099

21,638

Payments on long-term debt

10,425

16,800

30,061

49,014

6,235

12,309

21,012

10,400

16,138

21,568

13,069

6,952

24,044

9,825

13,404

12,714

6,923

9,100

3,001

17,119

112,236

17,793

12,321

15,444

21,795

13,402

-45,327

103,443

26,704

109,325

60,958

48,671

44,857

29,364

34,044

24,828

14,852

Principal payments on financing lease obligations

4,150

-

-

-

3,110

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Principal payments on financing lease obligations

-

-

-

-

-

2,616

3,427

1,764

6,373

3,606

2,738

2,696

2,771

2,439

4,043

1,830

1,657

1,463

12,995

5,156

7,507

5,233

3,134

4,512

5,194

3,481

3,213

3,002

7,534

4,546

2,583

4,907

11,100

8,875

3,244

5,560

2,899

Excess tax (benefit) payments from exercise of stock options

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

300

104

433

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Principal payments on note payable

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

561

335

471

342

342

339

-

-

451

448

450

458

457

455

456

338

337

334

Net change in bank drafts payable

1,363

-1,381

1,574

-877

486

-368

372

359

0

-149

887

-1,469

-667

-1,355

3,703

-8

-2,100

2,496

-297

-716

-2,409

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net change in bank drafts payable

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-940

1,181

-2,101

-

-562

-2,652

-401

1,415

1,633

-2,996

54

-243

785

284

-15

Excess tax benefit from exercise of stock options

-

-

-

-

-

-

-

-

-

-

-

-

-

-60

-20

-32

-23

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Issuance of treasury stock

-

-

-

-

-

-

-

-

-

-

-

-

-

28,429

-7,468

-13,409

-7,495

4,702

-4,702

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net payments for tax withholdings for vested stock-based awards

57

0

5

1

72

2

24

70

40

2

11

-15

0

20

43

5

33

0

125

-43

160

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net (payments) or proceeds on stock based awards

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-144

3

123

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from exercise of stock options

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-8

14

1

Net cash (used in) provided by financing activities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

5,815

-5,807

-

-16,663

-20,905

-13,478

4,233

-11,472

1,802

-6,657

-11,609

-11,204

-13,720

-3,959

-

-

-

-

-

-

-

-

Net cash provided by financing activities

7,756

-9,109

-11,775

-1,793

3,119

40,749

-13,359

-275

-16,673

-13,569

-6,032

-5,609

-21,177

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

3,744

-9,960

-4,801

-10,772

7,242

-2,328

3,539

Decrease in cash

-12

-187

86

-386

-405

983

-23

23

-65

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Increase (decrease) in cash and cash equivalents

-

-

-

-

-

-

-

-

-

-122

27

46

-2

-20

-980

-281

1,316

-

-

-

1,384

118

48

33

-8

6

-859

555

-1,430

1,094

18

-3,675

1,646

1,754

-871

-867

-83

Supplemental disclosure of cash flow information:
Interest

1,450

2,104

1,267

1,504

1,482

1,250

788

847

834

954

972

943

993

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Interest

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

677

606

-

484

569

570

785

864

853

857

942

955

970

935

1,103

1,133

1,043

995

975

904

814

730

Income taxes

5

-

-

-

-

65

1,173

2,413

0

37

14

124

0

558

26

11

121

6,812

2,893

48

55

2,596

83

161

163

337

92

2

46

-

-

-

-

-

-

-

-

Supplemental disclosure of non-cash investing:
Sales of revenue equipment included in accounts receivable

1,259

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Liability incurred for notes payable

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-26,215

5,613

11,714

10,275

-

-

-

-

-

-

-

-

Purchases of revenue equipment included in accounts payable

-

-

-

-

-

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Purchase of revenue equipment included in accounts payable

-

-

-

-

3,214

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

2,247

Capitalized lease obligations

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

2,823

8,450

5,798

10,686

0

5,814

6,915

8,506