10-Q Filing

SAIA INC CIK: 1177702 Q3 2011

Filing Information

Form Type	10-Q
Accession Number	`0001193125-11-290967`
Period End Date	20110930
Filing Date	20111101
Fiscal Year	2011
Fiscal Period	Q3
XBRL Instance	saia-20110930.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
Preferred stock, par value	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$8.75M	USD	Point-in-time
Preferred stock, par value	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$27.21M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$3.52M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$29.05M	USD	Point-in-time
Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	50,000.00	shares	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$115.17M	USD	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$94.57M	USD	Point-in-time
Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	50,000.00	shares	Point-in-time
Prepaid expenses and other	`PrepaidExpenseAndOtherAssetsCurrent`	$29.31M	USD	Point-in-time
Prepaid expenses and other	`PrepaidExpenseAndOtherAssetsCurrent`	$29.88M	USD	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	-	shares	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	-	shares	Point-in-time
Total current assets	`AssetsCurrent`	$148.00M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$153.50M	USD	Point-in-time
Preferred stock, shares outstanding	`PreferredStockSharesOutstanding`	-	shares	Point-in-time
Preferred stock, shares outstanding	`PreferredStockSharesOutstanding`	-	shares	Point-in-time
Common stock, par value	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Property and Equipment, at cost	`PropertyPlantAndEquipmentGross`	$659.41M	USD	Point-in-time
Property and Equipment, at cost	`PropertyPlantAndEquipmentGross`	$610.57M	USD	Point-in-time
Common stock, par value	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Less-accumulated depreciation	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$319.63M	USD	Point-in-time
Less-accumulated depreciation	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$340.58M	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	50.00M	shares	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	50.00M	shares	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	15.94M	shares	Point-in-time
Net property and equipment	`PropertyPlantAndEquipmentNet`	$290.94M	USD	Point-in-time
Net property and equipment	`PropertyPlantAndEquipmentNet`	$318.82M	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	15.90M	shares	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	15.90M	shares	Point-in-time
Identifiable Intangibles, net	`FiniteLivedIntangibleAssetsNet`	$1.84M	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	15.94M	shares	Point-in-time
Identifiable Intangibles, net	`FiniteLivedIntangibleAssetsNet`	$1.55M	USD	Point-in-time
Deferred compensation trust	`CommonStockIssuedEmployeeTrustDeferred`	$169.34M	USD	Point-in-time
Other Noncurrent Assets	`OtherAssetsNoncurrent`	$5.63M	USD	Point-in-time
Other Noncurrent Assets	`OtherAssetsNoncurrent`	$5.88M	USD	Point-in-time
Deferred compensation trust	`CommonStockIssuedEmployeeTrustDeferred`	$141.31M	USD	Point-in-time
Total assets	`Assets`	$452.16M	USD	Point-in-time
Total assets	`Assets`	$474.00M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$37.74M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$38.23M	USD	Point-in-time
Wages, vacation and employees' benefits	`EmployeeRelatedLiabilitiesCurrent`	$24.95M	USD	Point-in-time
Wages, vacation and employees' benefits	`EmployeeRelatedLiabilitiesCurrent`	$19.10M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$31.78M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$37.82M	USD	Point-in-time
Current portion of long-term debt	`LongTermDebtCurrent`	$19.64M	USD	Point-in-time
Current portion of long-term debt	`LongTermDebtCurrent`	$17.14M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$105.77M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$120.64M	USD	Point-in-time
Long-term debt, less current portion	`LongTermDebtNoncurrent`	$61.79M	USD	Point-in-time
Long-term debt, less current portion	`LongTermDebtNoncurrent`	$72.86M	USD	Point-in-time
Deferred income taxes	`DeferredTaxLiabilitiesNoncurrent`	$46.18M	USD	Point-in-time
Deferred income taxes	`DeferredTaxLiabilitiesNoncurrent`	$39.08M	USD	Point-in-time
Claims, insurance and other	`ClaimsInsuranceAndOther`	$28.85M	USD	Point-in-time
Claims, insurance and other	`ClaimsInsuranceAndOther`	$28.10M	USD	Point-in-time
Total other liabilities	`LiabilitiesNoncurrent`	$136.82M	USD	Point-in-time
Total other liabilities	`LiabilitiesNoncurrent`	$140.03M	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, 15,937,821 and 15,900,245 shares issued and outstanding at September 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, 15,937,821 and 15,900,245 shares issued and outstanding at September 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`	$203.55M	USD	Point-in-time
Deferred compensation trust, 141,309 and 169,344 shares of common stock at cost at September 30, 2011 and December 31, 2010, respectively	`DeferredCompensationEquity`	$2.24M	USD	Point-in-time
Deferred compensation trust, 141,309 and 169,344 shares of common stock at cost at September 30, 2011 and December 31, 2010, respectively	`DeferredCompensationEquity`	$2.73M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$15.22M	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`	$216.54M	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$474.00M	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`	$234.66M	USD	1 Quarter
Operating Revenue	`SalesRevenueServicesNet`	$678.23M	USD	3 Qtrs
Operating Revenue	`SalesRevenueServicesNet`	$777.20M	USD	3 Qtrs
Operating Revenue	`SalesRevenueServicesNet`	$268.29M	USD	1 Quarter
Salaries, wages and employees' benefits	`LaborAndRelatedExpense`	$123.30M	USD	1 Quarter
Salaries, wages and employees' benefits	`LaborAndRelatedExpense`	$133.46M	USD	1 Quarter
Salaries, wages and employees' benefits	`LaborAndRelatedExpense`	$386.87M	USD	3 Qtrs
Salaries, wages and employees' benefits	`LaborAndRelatedExpense`	$362.18M	USD	3 Qtrs
Purchased transportation	`PurchasedTransportation`	$23.34M	USD	1 Quarter
Purchased transportation	`PurchasedTransportation`	$21.62M	USD	1 Quarter
Purchased transportation	`PurchasedTransportation`	$61.06M	USD	3 Qtrs
Purchased transportation	`PurchasedTransportation`	$69.06M	USD	3 Qtrs
Fuel, operating expenses and supplies	`FuelOperatingExpensesAndSupplies`	$-75.51M	USD	1 Quarter
Fuel, operating expenses and supplies	`FuelOperatingExpensesAndSupplies`	$-221.64M	USD	3 Qtrs
Fuel, operating expenses and supplies	`FuelOperatingExpensesAndSupplies`	$-173.27M	USD	3 Qtrs
Fuel, operating expenses and supplies	`FuelOperatingExpensesAndSupplies`	$-58.99M	USD	1 Quarter
Operating taxes and licenses	`CostOfServicesDirectTaxesAndLicensesCosts`	$27.68M	USD	3 Qtrs
Operating taxes and licenses	`CostOfServicesDirectTaxesAndLicensesCosts`	$9.83M	USD	1 Quarter
Operating taxes and licenses	`CostOfServicesDirectTaxesAndLicensesCosts`	$28.79M	USD	3 Qtrs
Operating taxes and licenses	`CostOfServicesDirectTaxesAndLicensesCosts`	$9.29M	USD	1 Quarter
Claims and insurance	`OperatingInsuranceAndClaimsCostsProduction`	$6.00M	USD	1 Quarter
Claims and insurance	`OperatingInsuranceAndClaimsCostsProduction`	$16.49M	USD	3 Qtrs
Claims and insurance	`OperatingInsuranceAndClaimsCostsProduction`	$21.85M	USD	3 Qtrs
Claims and insurance	`OperatingInsuranceAndClaimsCostsProduction`	$6.77M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$27.47M	USD	3 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$9.72M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$27.10M	USD	3 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$8.95M	USD	1 Quarter
Operating (gains) loss, net	`GainLossOnSaleOfPropertyPlantEquipment`	$72.00K	USD	3 Qtrs
Operating (gains) loss, net	`GainLossOnSaleOfPropertyPlantEquipment`	$229.00K	USD	3 Qtrs
Operating (gains) loss, net	`GainLossOnSaleOfPropertyPlantEquipment`	$-31.00K	USD	1 Quarter
Operating (gains) loss, net	`GainLossOnSaleOfPropertyPlantEquipment`	$23.00K	USD	1 Quarter
Total operating expenses	`CostsAndExpenses`	$667.93M	USD	3 Qtrs
Total operating expenses	`CostsAndExpenses`	$228.12M	USD	1 Quarter
Total operating expenses	`CostsAndExpenses`	$258.67M	USD	1 Quarter
Total operating expenses	`CostsAndExpenses`	$755.24M	USD	3 Qtrs
Operating Income	`OperatingIncomeLoss`	$9.62M	USD	1 Quarter
Operating Income	`OperatingIncomeLoss`	$10.30M	USD	3 Qtrs
Operating Income	`OperatingIncomeLoss`	$21.97M	USD	3 Qtrs
Operating Income	`OperatingIncomeLoss`	$6.55M	USD	1 Quarter
Interest expense	`InterestExpense`	$8.15M	USD	3 Qtrs
Interest expense	`InterestExpense`	$8.23M	USD	3 Qtrs
Interest expense	`InterestExpense`	$2.19M	USD	1 Quarter
Interest expense	`InterestExpense`	$2.47M	USD	1 Quarter
Other, net	`OtherNonoperatingIncomeExpense`	$95.00K	USD	1 Quarter
Other, net	`OtherNonoperatingIncomeExpense`	$-12.00K	USD	3 Qtrs
Other, net	`OtherNonoperatingIncomeExpense`	$347.00K	USD	3 Qtrs
Other, net	`OtherNonoperatingIncomeExpense`	$-122.00K	USD	1 Quarter
Nonoperating expenses, net	`NonoperatingIncomeExpense`	$-8.16M	USD	3 Qtrs
Nonoperating expenses, net	`NonoperatingIncomeExpense`	$-2.32M	USD	1 Quarter
Nonoperating expenses, net	`NonoperatingIncomeExpense`	$-7.88M	USD	3 Qtrs
Nonoperating expenses, net	`NonoperatingIncomeExpense`	$-2.37M	USD	1 Quarter
Income Before Income Taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$7.30M	USD	1 Quarter
Income Before Income Taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$13.81M	USD	3 Qtrs
Income Before Income Taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$2.42M	USD	3 Qtrs
Income Before Income Taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$4.17M	USD	1 Quarter
Income Tax Provision	`IncomeTaxExpenseBenefit`	$4.91M	USD	3 Qtrs
Income Tax Provision	`IncomeTaxExpenseBenefit`	$1.68M	USD	1 Quarter
Income Tax Provision	`IncomeTaxExpenseBenefit`	$2.48M	USD	1 Quarter
Income Tax Provision	`IncomeTaxExpenseBenefit`	$1.16M	USD	3 Qtrs
Net Income	`NetIncomeLoss`	$4.83M	USD	1 Quarter
Net Income	`NetIncomeLoss`	$1.25M	USD	3 Qtrs
Net Income	`NetIncomeLoss`	$2.50M	USD	1 Quarter
Net Income	`NetIncomeLoss`	$8.90M	USD	3 Qtrs
Weighted average common shares outstanding - basic	`WeightedAverageNumberOfSharesOutstandingBasic`	15,707.00	shares	3 Qtrs
Weighted average common shares outstanding - basic	`WeightedAverageNumberOfSharesOutstandingBasic`	15,786.00	shares	3 Qtrs
Weighted average common shares outstanding - basic	`WeightedAverageNumberOfSharesOutstandingBasic`	15,719.00	shares	1 Quarter
Weighted average common shares outstanding - basic	`WeightedAverageNumberOfSharesOutstandingBasic`	15,800.00	shares	1 Quarter
Weighted average common shares outstanding - diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	16,145.00	shares	3 Qtrs
Weighted average common shares outstanding - diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	16,094.00	shares	1 Quarter
Weighted average common shares outstanding - diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	16,160.00	shares	1 Quarter
Weighted average common shares outstanding - diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	16,082.00	shares	3 Qtrs
Basic Earnings Per Share	`EarningsPerShareBasic`	$0.31	USD	1 Quarter
Basic Earnings Per Share	`EarningsPerShareBasic`	$0.16	USD	1 Quarter
Basic Earnings Per Share	`EarningsPerShareBasic`	$0.56	USD	3 Qtrs
Basic Earnings Per Share	`EarningsPerShareBasic`	$0.08	USD	3 Qtrs
Diluted Earnings Per Share	`EarningsPerShareDiluted`	$0.55	USD	3 Qtrs
Diluted Earnings Per Share	`EarningsPerShareDiluted`	$0.08	USD	3 Qtrs
Diluted Earnings Per Share	`EarningsPerShareDiluted`	$0.16	USD	1 Quarter
Diluted Earnings Per Share	`EarningsPerShareDiluted`	$0.30	USD	1 Quarter

Cash Flow Statement 35 line items

Line Item	Tag	Value	Unit	Period
Net Income	`NetIncomeLoss`	$4.83M	USD	1 Quarter
Net Income	`NetIncomeLoss`	$1.25M	USD	3 Qtrs
Net Income	`NetIncomeLoss`	$2.50M	USD	1 Quarter
Net Income	`NetIncomeLoss`	$8.90M	USD	3 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$27.47M	USD	3 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$9.72M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$27.10M	USD	3 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$8.95M	USD	1 Quarter
Other, net	`OtherNoncashIncomeExpense`	$-2.40M	USD	3 Qtrs
Other, net	`OtherNoncashIncomeExpense`	$2.06M	USD	3 Qtrs
Changes in operating assets and liabilities, net	`IncreaseDecreaseInOperatingCapital`	$-712.00K	USD	3 Qtrs
Changes in operating assets and liabilities, net	`IncreaseDecreaseInOperatingCapital`	$11.60M	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$19.53M	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$34.65M	USD	3 Qtrs
Acquisition of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$1.57M	USD	3 Qtrs
Acquisition of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$52.31M	USD	3 Qtrs
Proceeds from disposal of property and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$555.00K	USD	3 Qtrs
Proceeds from disposal of property and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$401.00K	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-1.17M	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-51.75M	USD	3 Qtrs
Repayment of long-term debt	`RepaymentsOfLongTermDebt`	$8.57M	USD	3 Qtrs
Proceeds from stock option exercises	`ProceedsFromStockOptionsExercised`	$149.00K	USD	3 Qtrs
Proceeds from stock option exercises	`ProceedsFromStockOptionsExercised`	$109.00K	USD	3 Qtrs
Net cash (used in) provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$109.00K	USD	3 Qtrs
Net cash (used in) provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-8.42M	USD	3 Qtrs
Net (Decrease) Increase in Cash and Cash Equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$18.46M	USD	3 Qtrs
Net (Decrease) Increase in Cash and Cash Equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-25.52M	USD	3 Qtrs
Cash and cash equivalents, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$8.75M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$27.21M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$3.52M	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`	$8.75M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashAndCashEquivalentsAtCarryingValue`	$27.21M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashAndCashEquivalentsAtCarryingValue`	$3.52M	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.