| Mar'20 | Dec'19 | Sep'19 | Jun'19 | Mar'19 | Dec'18 | Sep'18 | Jun'18 | Mar'18 |
|---|---|---|---|---|---|---|---|---|
Operating activities | ||||||||
Net income | ||||||||
-17,294 | -3,043 | 13,773 | 31,694 | 29,743 | 26,106 | 0 | 0 | 0 |
Adjustments to reconcile net income to net cash provided by operating activities: | ||||||||
Deferred income tax provision (benefit) | ||||||||
-2,575 | 714 | 3,251 | 8,474 | 6,908 | 5,691 | 0 | 0 | 0 |
Depreciation and amortization | ||||||||
91,248 | 90,484 | 90,957 | 88,440 | 88,763 | 90,831 | 0 | 0 | 0 |
Losses on sale of equipment | ||||||||
-5,830 | -3,853 | -8,076 | -8,450 | -7,524 | -7,100 | 0 | 0 | 0 |
Share based compensation | ||||||||
3,826 | 3,846 | 3,702 | 3,499 | 2,896 | 2,248 | 0 | 0 | 0 |
Other | ||||||||
3,004 | 660 | 0 | 0 | 0 | - | - | - | - |
Changes in operating assets and liabilities: | ||||||||
Receivables | ||||||||
-406 | -7,149 | -15,480 | -13,879 | -5,294 | 8,972 | 0 | 0 | 0 |
Prepaid insurance and licenses | ||||||||
4,317 | 3,294 | 6,441 | 2,890 | 3,525 | 4,006 | 0 | 0 | 0 |
Operating supplies | ||||||||
-204 | -70 | -378 | -1,839 | -1,376 | -725 | 0 | 0 | 0 |
Other assets | ||||||||
7,787 | 7,790 | 4,048 | 2,949 | 1,473 | 3,438 | 0 | 0 | 0 |
Accounts payable and other accrued liabilities | ||||||||
17,204 | 5,572 | 12,587 | -7,834 | -9,928 | -21,020 | 0 | 0 | 0 |
Accrued wages and benefits | ||||||||
2,367 | -704 | 271 | -453 | 2,713 | 6,304 | 0 | 0 | 0 |
Net cash provided by operating activities | ||||||||
98,348 | 103,749 | 150,731 | 150,821 | 139,689 | 112,347 | 0 | 0 | 0 |
Investing activities | ||||||||
Payments for purchases of property and equipment | ||||||||
191,908 | 151,751 | 226,282 | 266,212 | 233,672 | 223,939 | 0 | 0 | 0 |
Proceeds from sales of property and equipment | ||||||||
74,501 | 77,966 | 51,756 | 63,056 | 60,309 | 55,370 | 0 | 0 | 0 |
Other | ||||||||
0 | - | - | - | - | -2,480 | 0 | 0 | 0 |
Sale of subsidiary, net of cash | ||||||||
- | -5,845 | 0 | 0 | 0 | - | - | - | - |
Net cash used in investing activities | ||||||||
-118,250 | -81,630 | -179,978 | -208,435 | -179,885 | -166,089 | 0 | 0 | 0 |
Financing activities | ||||||||
Borrowings under lines of credit | ||||||||
0 | - | - | - | - | 292,332 | 0 | 0 | 0 |
Payments under lines of credit | ||||||||
0 | - | - | - | - | 321,665 | 0 | 0 | 0 |
Borrowings under long-term debt | ||||||||
234,630 | 106,341 | 0 | 0 | 0 | - | - | - | - |
Payments of long-term debt and finance leases | ||||||||
276,366 | 136,228 | 0 | 0 | 0 | - | - | - | - |
Borrowings under long-term debt | ||||||||
- | - | - | - | - | - | - | - | 0 |
Payments of long-term debt | ||||||||
- | - | - | - | - | - | - | - | 0 |
Payments of financing costs and original issue discount | ||||||||
0 | - | - | - | - | 4,166 | 0 | 0 | 0 |
Payments of long-term consideration for business acquisition | ||||||||
1,000 | 990 | 990 | 990 | 990 | 1,010 | 0 | 0 | 0 |
Tax withholding related to net share settlement of restricted stock awards | ||||||||
96 | 44 | 0 | 0 | 0 | - | - | - | - |
Proceeds from issuance of common stock under ESPP | ||||||||
0 | - | - | - | - | - | - | - | - |
Proceeds from long-term consideration for sale of subsidiary | ||||||||
0 | - | - | - | - | - | - | - | - |
Repurchase of membership units | ||||||||
- | - | - | - | - | - | - | - | 0 |
Book overdraft | ||||||||
1,544 | -1,313 | 3,330 | -9,791 | 7,773 | 3,537 | 0 | 0 | 0 |
Net cash (used in) provided by financing activities | ||||||||
23,433 | -38,108 | 27,579 | 54,666 | 38,121 | 66,186 | 0 | 0 | 0 |
Cash included in assets held for sale | ||||||||
- | -11,784 | 0 | 0 | 0 | - | - | - | - |
Net change in cash and cash equivalents | ||||||||
3,531 | -4,205 | 0 | 0 | 0 | - | - | - | - |
Net change in cash and cash equivalents | ||||||||
- | - | - | - | - | - | - | - | 0 |
Supplemental disclosure of cash flow information | ||||||||
Cash paid during the year for interest | ||||||||
19,731 | 21,136 | 21,202 | 20,499 | 41,777 | 47,406 | 0 | 0 | 0 |
Cash paid during the year for income taxes | ||||||||
392 | 58 | 546 | 745 | 1,842 | 1,603 | 0 | 0 | 0 |
Supplemental disclosure of significant noncash investing and financing activities | ||||||||
Finance lease extinguishments | ||||||||
- | 40 | 0 | 0 | 0 | - | - | - | - |
Debt obligations relieved in conjunction with the divestiture of Xpress Internacional | ||||||||
- | 7,109 | 0 | 0 | 0 | - | - | - | 0 |
Property and equipment amounts accrued in accounts payable | ||||||||
0 | - | - | - | - | - | - | - | - |
Capital Lease Obligations [Member] | ||||||||
Capital lease extinguishments | ||||||||
- | - | - | - | - | - | - | - | 0 |