10-Q Filing

SAIA INC CIK: 1177702 Q2 2011

Filing Information

Form Type	10-Q
Accession Number	`0000950123-11-072121`
Period End Date	20110630
Filing Date	20110803
Fiscal Year	2011
Fiscal Period	Q2
XBRL Instance	saia-20110630.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 74 Income Statement 80 Cash Flow Statement 35

Balance Sheet 74 line items

Line Item	Tag	Value	Unit	Period
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$13.63M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$10.72M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$8.75M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$29.05M	USD	Point-in-time
Preferred stock, par value	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Preferred stock, par value	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	50,000.00	shares	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$94.57M	USD	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$114.66M	USD	Point-in-time
Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	50,000.00	shares	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Prepaid expenses and other	`PrepaidExpenseAndOtherAssetsCurrent`	$29.88M	USD	Point-in-time
Prepaid expenses and other	`PrepaidExpenseAndOtherAssetsCurrent`	$30.02M	USD	Point-in-time
Preferred stock, shares outstanding	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Total current assets	`AssetsCurrent`	$153.50M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$155.40M	USD	Point-in-time
Preferred stock, shares outstanding	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Property and Equipment, at cost	`PropertyPlantAndEquipmentGross`	$632.67M	USD	Point-in-time
Common stock, par value	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Common stock, par value	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Property and Equipment, at cost	`PropertyPlantAndEquipmentGross`	$610.57M	USD	Point-in-time
Less-accumulated depreciation	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$335.18M	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	50.00M	shares	Point-in-time
Less-accumulated depreciation	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$319.63M	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	50.00M	shares	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	15.90M	shares	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	15.93M	shares	Point-in-time
Net property and equipment	`PropertyPlantAndEquipmentNet`	$297.49M	USD	Point-in-time
Net property and equipment	`PropertyPlantAndEquipmentNet`	$290.94M	USD	Point-in-time
Identifiable Intangibles, net	`FiniteLivedIntangibleAssetsNet`	$1.65M	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	15.93M	shares	Point-in-time
Identifiable Intangibles, net	`FiniteLivedIntangibleAssetsNet`	$1.84M	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	15.90M	shares	Point-in-time
Other Noncurrent Assets	`OtherAssetsNoncurrent`	$5.88M	USD	Point-in-time
Deferred compensation trust	`CommonStockIssuedEmployeeTrustDeferred`	$135.93M	USD	Point-in-time
Other Noncurrent Assets	`OtherAssetsNoncurrent`	$5.62M	USD	Point-in-time
Deferred compensation trust	`CommonStockIssuedEmployeeTrustDeferred`	$169.34M	USD	Point-in-time
Total assets	`Assets`	$452.16M	USD	Point-in-time
Total assets	`Assets`	$460.15M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$37.74M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$41.15M	USD	Point-in-time
Wages, vacation and employees' benefits	`EmployeeRelatedLiabilitiesCurrent`	$19.10M	USD	Point-in-time
Wages, vacation and employees' benefits	`EmployeeRelatedLiabilitiesCurrent`	$22.94M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$31.78M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$31.95M	USD	Point-in-time
Current portion of long-term debt	`LongTermDebtCurrent`	$17.14M	USD	Point-in-time
Current portion of long-term debt	`LongTermDebtCurrent`	$19.64M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$105.77M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$115.67M	USD	Point-in-time
Long-term debt, less current portion	`LongTermDebtNoncurrent`	$72.86M	USD	Point-in-time
Long-term debt, less current portion	`LongTermDebtNoncurrent`	$61.79M	USD	Point-in-time
Deferred income taxes	`DeferredTaxLiabilitiesNoncurrent`	$39.08M	USD	Point-in-time
Deferred income taxes	`DeferredTaxLiabilitiesNoncurrent`	$42.08M	USD	Point-in-time
Claims, insurance and other	`ClaimsInsuranceAndOther`	$29.24M	USD	Point-in-time
Claims, insurance and other	`ClaimsInsuranceAndOther`	$28.10M	USD	Point-in-time
Total other liabilities	`LiabilitiesNoncurrent`	$140.03M	USD	Point-in-time
Total other liabilities	`LiabilitiesNoncurrent`	$133.10M	USD	Point-in-time
Commitments and Contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and Contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Preferred stock, $0.001 par value, 50,000 shares authorized, none issued and outstanding	`PreferredStockValue`	-	USD	Point-in-time
Preferred stock, $0.001 par value, 50,000 shares authorized, none issued and outstanding	`PreferredStockValue`	-	USD	Point-in-time
Common stock, $0.001 par value, 50,000,000 shares authorized, 15,927,231 and 15,900,245 shares issued and outstanding at June 30, 2011 and December 31, 2010, respectively	`CommonStockValue`	$16.00K	USD	Point-in-time
Common stock, $0.001 par value, 50,000,000 shares authorized, 15,927,231 and 15,900,245 shares issued and outstanding at June 30, 2011 and December 31, 2010, respectively	`CommonStockValue`	$16.00K	USD	Point-in-time
Additional paid-in-capital	`AdditionalPaidInCapitalCommonStock`	$202.75M	USD	Point-in-time
Additional paid-in-capital	`AdditionalPaidInCapitalCommonStock`	$203.15M	USD	Point-in-time
Deferred compensation trust, 135,929 and 169,344 shares of common stock at cost at June 30, 2011 and December 31, 2010, respectively	`DeferredCompensationEquity`	$2.73M	USD	Point-in-time
Deferred compensation trust, 135,929 and 169,344 shares of common stock at cost at June 30, 2011 and December 31, 2010, respectively	`DeferredCompensationEquity`	$2.18M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$10.39M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$6.32M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$206.36M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$211.38M	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$460.15M	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$452.16M	USD	Point-in-time

Income Statement 80 line items

Line Item	Tag	Value	Unit	Period
Operating Revenue	`SalesRevenueServicesNet`	$265.90M	USD	1 Quarter
Operating Revenue	`SalesRevenueServicesNet`	$508.92M	USD	2 Qtrs
Operating Revenue	`SalesRevenueServicesNet`	$443.57M	USD	2 Qtrs
Operating Revenue	`SalesRevenueServicesNet`	$231.34M	USD	1 Quarter
Salaries, wages and employees' benefits	`LaborAndRelatedExpense`	$130.67M	USD	1 Quarter
Salaries, wages and employees' benefits	`LaborAndRelatedExpense`	$253.41M	USD	2 Qtrs
Salaries, wages and employees' benefits	`LaborAndRelatedExpense`	$121.42M	USD	1 Quarter
Salaries, wages and employees' benefits	`LaborAndRelatedExpense`	$238.88M	USD	2 Qtrs
Purchased transportation	`PurchasedTransportation`	$24.65M	USD	1 Quarter
Purchased transportation	`PurchasedTransportation`	$22.01M	USD	1 Quarter
Purchased transportation	`PurchasedTransportation`	$39.45M	USD	2 Qtrs
Purchased transportation	`PurchasedTransportation`	$45.72M	USD	2 Qtrs
Fuel, operating expenses and supplies	`FuelOperatingExpensesAndSupplies`	$-146.13M	USD	2 Qtrs
Fuel, operating expenses and supplies	`FuelOperatingExpensesAndSupplies`	$-76.19M	USD	1 Quarter
Fuel, operating expenses and supplies	`FuelOperatingExpensesAndSupplies`	$-58.38M	USD	1 Quarter
Fuel, operating expenses and supplies	`FuelOperatingExpensesAndSupplies`	$-114.28M	USD	2 Qtrs
Operating taxes and licenses	`CostOfServicesDirectTaxesAndLicensesCosts`	$9.17M	USD	1 Quarter
Operating taxes and licenses	`CostOfServicesDirectTaxesAndLicensesCosts`	$18.96M	USD	2 Qtrs
Operating taxes and licenses	`CostOfServicesDirectTaxesAndLicensesCosts`	$18.39M	USD	2 Qtrs
Operating taxes and licenses	`CostOfServicesDirectTaxesAndLicensesCosts`	$9.60M	USD	1 Quarter
Claims and insurance	`OperatingInsuranceAndClaimsCostsProduction`	$15.09M	USD	2 Qtrs
Claims and insurance	`OperatingInsuranceAndClaimsCostsProduction`	$7.84M	USD	1 Quarter
Claims and insurance	`OperatingInsuranceAndClaimsCostsProduction`	$10.50M	USD	2 Qtrs
Claims and insurance	`OperatingInsuranceAndClaimsCostsProduction`	$5.41M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$17.38M	USD	2 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$8.80M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$9.22M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$18.53M	USD	2 Qtrs
Operating gains, net	`GainLossOnSaleOfPropertyPlantEquipment`	$102.00K	USD	1 Quarter
Operating gains, net	`GainLossOnSaleOfPropertyPlantEquipment`	$103.00K	USD	2 Qtrs
Operating gains, net	`GainLossOnSaleOfPropertyPlantEquipment`	$150.00K	USD	1 Quarter
Operating gains, net	`GainLossOnSaleOfPropertyPlantEquipment`	$206.00K	USD	2 Qtrs
Total operating expenses	`CostsAndExpenses`	$439.82M	USD	2 Qtrs
Total operating expenses	`CostsAndExpenses`	$257.64M	USD	1 Quarter
Total operating expenses	`CostsAndExpenses`	$496.57M	USD	2 Qtrs
Total operating expenses	`CostsAndExpenses`	$225.47M	USD	1 Quarter
Operating Income	`OperatingIncomeLoss`	$5.87M	USD	1 Quarter
Operating Income	`OperatingIncomeLoss`	$3.75M	USD	2 Qtrs
Operating Income	`OperatingIncomeLoss`	$8.26M	USD	1 Quarter
Operating Income	`OperatingIncomeLoss`	$12.35M	USD	2 Qtrs
Interest expense	`InterestExpense`	$2.69M	USD	1 Quarter
Interest expense	`InterestExpense`	$2.96M	USD	1 Quarter
Interest expense	`InterestExpense`	$5.95M	USD	2 Qtrs
Interest expense	`InterestExpense`	$5.76M	USD	2 Qtrs
Other, net	`OtherNonoperatingIncomeExpense`	$-63.00K	USD	1 Quarter
Other, net	`OtherNonoperatingIncomeExpense`	$252.00K	USD	2 Qtrs
Other, net	`OtherNonoperatingIncomeExpense`	$19.00K	USD	1 Quarter
Other, net	`OtherNonoperatingIncomeExpense`	$110.00K	USD	2 Qtrs
Nonoperating expenses, net	`NonoperatingIncomeExpense`	$-2.75M	USD	1 Quarter
Nonoperating expenses, net	`NonoperatingIncomeExpense`	$-2.94M	USD	1 Quarter
Nonoperating expenses, net	`NonoperatingIncomeExpense`	$-5.51M	USD	2 Qtrs
Nonoperating expenses, net	`NonoperatingIncomeExpense`	$-5.84M	USD	2 Qtrs
Income (Loss) Before Income Taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$3.13M	USD	1 Quarter
Income (Loss) Before Income Taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$6.50M	USD	2 Qtrs
Income (Loss) Before Income Taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$5.32M	USD	1 Quarter
Income (Loss) Before Income Taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-1.76M	USD	2 Qtrs
Income Tax Provision (Benefit)	`IncomeTaxExpenseBenefit`	$2.43M	USD	2 Qtrs
Income Tax Provision (Benefit)	`IncomeTaxExpenseBenefit`	$1.15M	USD	1 Quarter
Income Tax Provision (Benefit)	`IncomeTaxExpenseBenefit`	$1.96M	USD	1 Quarter
Income Tax Provision (Benefit)	`IncomeTaxExpenseBenefit`	$-514.00K	USD	2 Qtrs
Net Income (Loss)	`NetIncomeLoss`	$1.98M	USD	1 Quarter
Net Income (Loss)	`NetIncomeLoss`	$4.07M	USD	2 Qtrs
Net Income (Loss)	`NetIncomeLoss`	$-1.24M	USD	2 Qtrs
Net Income (Loss)	`NetIncomeLoss`	$3.36M	USD	1 Quarter
Weighted average common shares outstanding - basic	`WeightedAverageNumberOfSharesOutstandingBasic`	15,700.00	shares	2 Qtrs
Weighted average common shares outstanding - basic	`WeightedAverageNumberOfSharesOutstandingBasic`	15,791.00	shares	1 Quarter
Weighted average common shares outstanding - basic	`WeightedAverageNumberOfSharesOutstandingBasic`	15,703.00	shares	1 Quarter
Weighted average common shares outstanding - basic	`WeightedAverageNumberOfSharesOutstandingBasic`	15,780.00	shares	2 Qtrs
Weighted average common shares outstanding - diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	16,124.00	shares	1 Quarter
Weighted average common shares outstanding - diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	16,188.00	shares	1 Quarter
Weighted average common shares outstanding - diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	15,700.00	shares	2 Qtrs
Weighted average common shares outstanding - diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	16,167.00	shares	2 Qtrs
Basic Earnings (Loss) Per Share	`EarningsPerShareBasic`	$0.13	USD	1 Quarter
Basic Earnings (Loss) Per Share	`EarningsPerShareBasic`	$0.26	USD	2 Qtrs
Basic Earnings (Loss) Per Share	`EarningsPerShareBasic`	$0.21	USD	1 Quarter
Basic Earnings (Loss) Per Share	`EarningsPerShareBasic`	$-0.08	USD	2 Qtrs
Diluted Earnings (Loss) Per Share	`EarningsPerShareDiluted`	$0.21	USD	1 Quarter
Diluted Earnings (Loss) Per Share	`EarningsPerShareDiluted`	$0.12	USD	1 Quarter
Diluted Earnings (Loss) Per Share	`EarningsPerShareDiluted`	$0.25	USD	2 Qtrs
Diluted Earnings (Loss) Per Share	`EarningsPerShareDiluted`	$-0.08	USD	2 Qtrs

Cash Flow Statement 35 line items

Line Item	Tag	Value	Unit	Period
Net income (loss)	`NetIncomeLoss`	$1.98M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$4.07M	USD	2 Qtrs
Net income (loss)	`NetIncomeLoss`	$-1.24M	USD	2 Qtrs
Net income (loss)	`NetIncomeLoss`	$3.36M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$17.38M	USD	2 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$8.80M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$9.22M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$18.53M	USD	2 Qtrs
Other, net	`OtherNoncashIncomeExpense`	$-927.00K	USD	2 Qtrs
Other, net	`OtherNoncashIncomeExpense`	$-1.80M	USD	2 Qtrs
Changes in operating assets and liabilities, net	`IncreaseDecreaseInOperatingCapital`	$14.03M	USD	2 Qtrs
Changes in operating assets and liabilities, net	`IncreaseDecreaseInOperatingCapital`	$11.66M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$5.05M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$10.71M	USD	2 Qtrs
Acquisition of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$560.00K	USD	2 Qtrs
Acquisition of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$20.89M	USD	2 Qtrs
Proceeds from disposal of property and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$275.00K	USD	2 Qtrs
Proceeds from disposal of property and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$337.00K	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-223.00K	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-20.62M	USD	2 Qtrs
Proceeds from stock option exercises	`ProceedsFromStockOptionsExercised`	$149.00K	USD	2 Qtrs
Proceeds from stock option exercises	`ProceedsFromStockOptionsExercised`	$57.00K	USD	2 Qtrs
Repayment of long-term debt	`RepaymentsOfLongTermDebt`	$8.57M	USD	2 Qtrs
Net cash (used in) provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-8.42M	USD	2 Qtrs
Net cash (used in) provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$57.00K	USD	2 Qtrs
Net (Decrease) Increase in Cash and Cash Equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-18.33M	USD	2 Qtrs
Net (Decrease) Increase in Cash and Cash Equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$4.88M	USD	2 Qtrs
Cash and cash equivalents, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$13.63M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$10.72M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$8.75M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$29.05M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashAndCashEquivalentsAtCarryingValue`	$13.63M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashAndCashEquivalentsAtCarryingValue`	$10.72M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashAndCashEquivalentsAtCarryingValue`	$8.75M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashAndCashEquivalentsAtCarryingValue`	$29.05M	USD	Point-in-time

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.