Usa truck inc. (USAK)
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 revenue

126,773

124,111

130,924

133,622

133,974

141,083

132,583

135,381

125,013

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Operating revenue

-

-

-

-

-

-

-

-

-

-

114,235

107,358

101,670

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Trucking revenue

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

81,434

79,793

-

71,951

71,846

75,937

75,310

77,790

85,309

82,874

90,667

83,620

Strategic Capacity Solutions revenue

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

30,028

25,094

-

28,373

31,674

17,595

19,257

18,389

17,871

11,568

10,103

8,502

Intermodal revenue

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

4,291

5,692

6,464

5,294

5,208

-

2,760

Base revenue

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

111,462

104,887

-

100,324

103,520

97,823

100,259

102,643

108,474

99,650

100,770

94,882

Fuel surcharge revenue

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

28,276

27,140

-

24,092

26,049

25,850

25,943

27,494

30,553

24,392

17,996

18,791

Operating revenue

-

-

-

-

-

-

-

-

-

-

-

-

-

103,135

105,458

109,888

110,618

117,984

123,490

133,573

132,887

150,072

153,618

153,298

145,489

141,418

141,822

139,738

132,027

134,770

124,416

129,569

123,673

126,202

130,137

139,027

124,042

118,766

113,673

Operating expenses:
Salaries, wages and employee benefits

35,845

34,135

32,846

33,806

36,090

34,985

31,540

31,645

32,237

32,624

29,813

29,221

30,639

30,077

29,131

30,627

32,573

35,113

32,028

35,636

37,872

39,480

39,388

38,703

35,839

38,761

34,771

34,663

35,567

35,756

36,276

34,717

35,514

34,311

34,423

34,704

33,100

33,418

32,082

Fuel and fuel taxes

11,863

13,521

13,842

14,102

13,631

13,872

13,823

13,984

13,479

12,841

11,759

10,479

10,774

10,667

10,932

11,391

10,189

11,316

12,960

16,257

17,978

23,936

28,449

30,704

33,003

33,712

33,224

33,017

35,595

34,382

31,443

30,567

34,770

32,739

33,397

36,332

34,727

28,249

27,217

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

11,547

11,633

10,852

10,915

11,486

11,237

11,178

11,157

11,770

12,390

12,489

12,614

12,612

12,135

Insurance and claims

5,857

14,901

2,427

2,568

7,280

15,455

2,916

2,151

2,718

2,723

2,703

2,633

2,114

1,861

1,861

1,861

1,860

1,681

1,094

866

783

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Equipment rent

2,292

-6,205

6,499

7,160

2,720

-6,049

5,946

5,341

5,602

6,391

5,344

5,561

8,332

5,328

5,620

5,438

4,768

3,681

5,405

5,903

6,194

6,557

6,466

5,903

5,984

8,033

6,807

7,024

5,389

4,983

5,310

5,381

4,882

5,356

5,581

5,700

5,864

5,236

5,525

Operations and maintenance

8,896

-

-

-

7,273

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Purchased transportation

47,814

-

-

-

48,281

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Operations and maintenance

-

-

-

-

-

-

-

-

-

-

-

-

-

6,570

8,170

10,299

9,213

8,304

10,439

10,610

10,291

10,294

10,649

11,629

13,062

13,452

12,319

13,649

11,508

11,088

10,961

10,579

10,931

10,237

11,650

10,415

9,877

9,963

8,304

Operations and maintenance

-

-

8,829

8,481

-

-

8,237

8,913

7,961

-

8,259

7,950

6,571

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Purchased transportation

-

-

51,281

49,072

-

-

52,640

55,817

49,038

-

42,543

41,005

37,403

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Operating taxes and licenses

1,159

1,197

1,218

1,311

1,117

914

1,136

1,262

502

1,122

972

1,024

950

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Purchased transportation

-

-

-

-

-

-

-

-

-

-

-

-

-

-

37,218

38,030

36,403

39,341

40,613

42,646

38,770

42,574

43,755

44,538

41,250

35,413

37,470

35,730

30,478

34,323

31,373

35,275

26,978

31,004

32,213

31,480

25,379

20,977

18,995

Operating taxes and licenses

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,003

1,260

1,122

1,499

1,439

1,462

1,320

1,374

1,414

1,355

1,446

1,303

1,400

1,696

1,007

1,320

1,288

1,389

1,507

1,342

1,345

1,375

1,398

1,427

1,411

Communications and utilities

813

1,035

967

719

767

785

674

677

713

770

679

598

666

835

673

851

880

867

989

880

863

903

1,026

1,094

1,039

1,033

1,014

984

1,086

1,075

969

1,057

1,023

1,258

1,103

1,049

985

1,004

1,019

Loss (gain) on disposal of assets, net

-38

-205

696

-141

145

896

901

395

169

221

215

77

260

357

181

182

396

1,781

3,008

2,255

503

-

302

179

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Costs incurred

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

5,264

-151

2,893

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Impairment of assets held for sale

-

-

1

367

-

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Reversal of restructuring, impairment and other costs

-

-

0

0

-

0

0

0

639

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Gain on disposal of assets

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

343

-

626

429

389

-

490

724

-

-

-

-

-

-

-

Gain on disposal of assets, net

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

542

711

648

1,341

915

45

36

Other

4,497

4,139

4,092

4,787

4,221

4,490

4,034

4,198

3,999

3,095

3,784

5,051

3,236

3,650

3,578

3,271

3,833

3,313

4,477

5,307

3,991

4,545

4,469

4,146

3,797

4,493

4,014

3,497

3,698

4,534

4,574

4,479

4,089

4,716

4,542

4,612

4,195

3,609

3,983

Total operating expenses

129,085

127,666

130,958

131,639

130,053

132,370

126,780

131,070

122,621

117,777

112,431

110,324

108,069

107,773

105,416

110,445

112,981

110,712

118,031

127,759

128,361

143,145

146,106

149,041

146,532

147,543

142,026

140,683

134,854

138,552

132,941

133,898

130,309

132,022

135,996

136,815

127,224

116,450

110,635

Operating (loss) income

-2,312

-3,555

-34

1,983

3,921

8,713

5,803

4,311

2,392

5,493

1,804

-2,966

-6,399

-4,638

42

-557

-2,363

7,272

5,459

5,814

4,526

6,927

7,512

4,257

-1,043

-6,125

-204

-945

-2,827

-3,782

-8,525

-4,329

-6,636

-5,820

-5,859

2,212

-3,182

2,316

3,038

Other expenses:
Interest expense, net

1,684

-

1,615

-

1,741

-

811

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Interest expense, net

-

-

-

1,595

-

-

-

833

818

885

970

950

1,003

969

913

731

565

565

493

549

630

737

816

744

711

911

967

947

837

1,009

1,034

1,023

986

2,546

877

-821

743

-931

-944

Defense costs

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

171

65

2,163

365

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Loss on extinguishment of debt

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-750

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other, net

-46

-119

-145

-171

-137

-339

-420

-113

-120

-75

-86

-128

-98

-101

-87

-133

-203

-93

-78

-370

-202

-193

-4

16

-64

0

611

46

54

219

-32

-48

-75

-63

-174

-26

11

-79

127

Total other expenses, net

1,730

1,765

1,760

1,766

1,878

1,526

1,231

946

938

960

1,056

1,078

1,101

1,070

1,000

864

768

658

571

919

1,582

1,101

885

2,891

1,140

2,391

356

901

783

-

-

-

-

-

-

-

-

-

-

Total other expenses, net

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,002

975

911

2,327

703

795

-732

852

1,071

(Loss) income before income taxes

-4,042

-5,320

-1,794

217

2,043

7,187

4,572

3,365

1,454

4,533

748

-4,044

-7,500

-5,708

-958

-1,421

-3,131

6,614

4,888

4,895

2,944

5,826

6,627

1,366

-2,183

-8,516

-560

-1,846

-3,610

-4,882

-9,527

-5,304

-7,547

-6,683

-6,562

1,417

-3,914

1,464

1,967

Income tax (benefit) expense

-1,491

-493

-421

216

542

1,862

1,272

821

419

-10,291

339

-1,198

-2,610

-1,896

-224

-75

-1,324

2,677

2,161

2,125

1,309

2,680

2,621

644

-594

-2,997

42

-448

-1,136

-1,642

-3,455

-1,818

-2,674

-2,329

-2,257

819

-1,198

878

1,067

Consolidated net (loss) income and comprehensive (loss) income

-2,551

-4,827

-1,373

1

1,501

5,325

3,300

2,544

1,035

14,824

409

-2,846

-4,890

-3,812

-734

-1,346

-1,807

3,937

2,727

2,770

1,635

3,146

4,006

722

-1,589

-5,519

-602

-1,398

-2,474

-

-6,072

-3,486

-

-

-

-

-

-

-

Net (loss) earnings per share:
Net loss

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-4,873

-4,354

-4,305

598

-2,716

586

900

Average shares outstanding (basic) (in shares)

8,633

8,607

8,564

8,554

8,375

8,313

8,223

8,205

8,035

8,063

8,027

8,028

7,998

8,016

8,069

8,734

9,381

10,076

10,442

10,435

10,395

10,382

10,357

10,346

10,339

10,372

10,322

10,293

10,305

10,324

10,312

10,304

10,300

-

10,294

10,306

10,298

10,297

10,293

Basic (loss) earnings per share (in dollars per share)

-0.30

-0.57

-0.16

0.00

0.18

0.65

0.40

0.31

0.13

1.84

0.05

-0.35

-0.61

-0.47

-0.09

-0.15

-0.19

0.38

0.26

0.27

0.16

0.30

0.39

0.07

-0.15

-0.53

-0.06

-0.14

-0.24

-0.31

-0.59

-0.34

-0.47

-0.43

-0.42

0.06

-0.26

0.06

0.09

Average shares outstanding (diluted) (in shares)

8,633

8,570

8,564

8,567

8,399

8,365

8,240

8,227

8,040

8,159

8,039

8,028

7,998

8,016

8,069

8,734

9,381

10,102

10,470

10,516

10,516

10,647

10,476

10,478

10,339

10,372

10,322

10,293

10,305

10,324

10,312

10,304

10,300

-

10,294

10,317

10,298

10,312

10,320

Diluted (loss) earnings per share (in dollars per share)

-0.30

-0.57

-0.16

0.00

0.18

0.65

0.40

0.31

0.13

1.84

0.05

-0.35

-0.61

-0.47

-0.09

-0.15

-0.19

0.38

0.26

0.26

0.16

0.30

0.38

0.07

-0.15

-0.53

-0.06

-0.14

-0.24

-0.31

-0.59

-0.34

-0.47

-0.43

-0.42

0.06

-0.26

0.06

0.09