10-Q Filing

SAIA INC CIK: 1177702 Q2 2012

Filing Information

Form Type	10-Q
Accession Number	`0001193125-12-344330`
Period End Date	20120630
Filing Date	20120808
Fiscal Year	2012
Fiscal Period	Q2
XBRL Instance	saia-20120630.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 74 Income Statement 80 Cash Flow Statement 38

Balance Sheet 74 line items

Line Item	Tag	Value	Unit	Period
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
Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	50,000.00	shares	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	-	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$29.05M	USD	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	-	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$10.72M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$1.32M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$826.00K	USD	Point-in-time
Preferred stock, shares outstanding	`PreferredStockSharesOutstanding`	-	shares	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$123.70M	USD	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$107.44M	USD	Point-in-time
Preferred stock, shares outstanding	`PreferredStockSharesOutstanding`	-	shares	Point-in-time
Common stock, par value	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Prepaid expenses and other	`PrepaidExpenseAndOtherAssetsCurrent`	$27.17M	USD	Point-in-time
Prepaid expenses and other	`PrepaidExpenseAndOtherAssetsCurrent`	$34.06M	USD	Point-in-time
Common stock, par value	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	50.00M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$142.82M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$151.69M	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	50.00M	shares	Point-in-time
Property and Equipment, at cost	`PropertyPlantAndEquipmentGross`	$669.35M	USD	Point-in-time
Property and Equipment, at cost	`PropertyPlantAndEquipmentGross`	$718.96M	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	16.04M	shares	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	15.94M	shares	Point-in-time
Less-accumulated depreciation	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$346.76M	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	16.04M	shares	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	15.94M	shares	Point-in-time
Less-accumulated depreciation	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$344.89M	USD	Point-in-time
Net property and equipment	`PropertyPlantAndEquipmentNet`	$324.45M	USD	Point-in-time
Deferred compensation trust	`CommonStockDeferredCompensationShares`	142,779.00	shares	Point-in-time
Deferred compensation trust	`CommonStockDeferredCompensationShares`	139,324.00	shares	Point-in-time
Net property and equipment	`PropertyPlantAndEquipmentNet`	$372.19M	USD	Point-in-time
Identifiable Intangibles, net	`FiniteLivedIntangibleAssetsNet`	$1.30M	USD	Point-in-time
Identifiable Intangibles, net	`FiniteLivedIntangibleAssetsNet`	$1.45M	USD	Point-in-time
Other Noncurrent Assets	`OtherAssetsNoncurrent`	$6.17M	USD	Point-in-time
Other Noncurrent Assets	`OtherAssetsNoncurrent`	$6.67M	USD	Point-in-time
Total assets	`Assets`	$474.89M	USD	Point-in-time
Total assets	`Assets`	$531.86M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$39.78M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$49.03M	USD	Point-in-time
Wages, vacation and employees' benefits	`EmployeeRelatedLiabilitiesCurrent`	$21.18M	USD	Point-in-time
Wages, vacation and employees' benefits	`EmployeeRelatedLiabilitiesCurrent`	$31.34M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$39.36M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$41.24M	USD	Point-in-time
Current portion of long-term debt	`LongTermDebtCurrent`	$22.14M	USD	Point-in-time
Current portion of long-term debt	`LongTermDebtCurrent`	$22.14M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$124.35M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$141.88M	USD	Point-in-time
Long-term debt, less current portion	`LongTermDebtNoncurrent`	$50.71M	USD	Point-in-time
Long-term debt, less current portion	`LongTermDebtNoncurrent`	$68.59M	USD	Point-in-time
Deferred income taxes	`DeferredTaxLiabilitiesNoncurrent`	$53.16M	USD	Point-in-time
Deferred income taxes	`DeferredTaxLiabilitiesNoncurrent`	$51.29M	USD	Point-in-time
Claims, insurance and other	`ClaimsInsuranceAndOther`	$29.23M	USD	Point-in-time
Claims, insurance and other	`ClaimsInsuranceAndOther`	$30.04M	USD	Point-in-time
Total other liabilities	`LiabilitiesNoncurrent`	$151.79M	USD	Point-in-time
Total other liabilities	`LiabilitiesNoncurrent`	$131.24M	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, 16,037,670 and 15,937,821 shares issued and outstanding at June 30, 2012 and December 31, 2011, respectively	`CommonStockValue`	$16.00K	USD	Point-in-time
Common stock, $0.001 par value, 50,000,000 shares authorized, 16,037,670 and 15,937,821 shares issued and outstanding at June 30, 2012 and December 31, 2011, respectively	`CommonStockValue`	$16.00K	USD	Point-in-time
Additional paid-in-capital	`AdditionalPaidInCapitalCommonStock`	$205.37M	USD	Point-in-time
Additional paid-in-capital	`AdditionalPaidInCapitalCommonStock`	$203.79M	USD	Point-in-time
Deferred compensation trust,142,779 and 139,324 shares of common stock at cost at June 30, 2012 and December 31, 2011, respectively	`DeferredCompensationEquity`	$2.20M	USD	Point-in-time
Deferred compensation trust,142,779 and 139,324 shares of common stock at cost at June 30, 2012 and December 31, 2011, respectively	`DeferredCompensationEquity`	$2.27M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$17.69M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$35.08M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$219.30M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$238.20M	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$531.86M	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$474.89M	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`	$556.23M	USD	2 Qtrs
Operating Revenue	`SalesRevenueServicesNet`	$508.92M	USD	2 Qtrs
Operating Revenue	`SalesRevenueServicesNet`	$287.54M	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`	$140.24M	USD	1 Quarter
Salaries, wages and employees' benefits	`LaborAndRelatedExpense`	$271.94M	USD	2 Qtrs
Purchased transportation	`PurchasedTransportation`	$21.05M	USD	1 Quarter
Purchased transportation	`PurchasedTransportation`	$45.72M	USD	2 Qtrs
Purchased transportation	`PurchasedTransportation`	$40.36M	USD	2 Qtrs
Purchased transportation	`PurchasedTransportation`	$24.65M	USD	1 Quarter
Fuel, operating expenses and supplies	`FuelOperatingExpensesAndSupplies`	$77.35M	USD	1 Quarter
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`	$156.75M	USD	2 Qtrs
Operating taxes and licenses	`CostOfServicesDirectTaxesAndLicensesCosts`	$18.96M	USD	2 Qtrs
Operating taxes and licenses	`CostOfServicesDirectTaxesAndLicensesCosts`	$19.62M	USD	2 Qtrs
Operating taxes and licenses	`CostOfServicesDirectTaxesAndLicensesCosts`	$9.60M	USD	1 Quarter
Operating taxes and licenses	`CostOfServicesDirectTaxesAndLicensesCosts`	$9.75M	USD	1 Quarter
Claims and insurance	`OperatingInsuranceAndClaimsCostsProduction`	$7.84M	USD	1 Quarter
Claims and insurance	`OperatingInsuranceAndClaimsCostsProduction`	$15.09M	USD	2 Qtrs
Claims and insurance	`OperatingInsuranceAndClaimsCostsProduction`	$6.10M	USD	1 Quarter
Claims and insurance	`OperatingInsuranceAndClaimsCostsProduction`	$12.28M	USD	2 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$17.38M	USD	2 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$23.37M	USD	2 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$8.80M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$11.95M	USD	1 Quarter
Operating gains, net	`GainLossOnSaleOfPropertyPlantEquipment`	$321.00K	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`	$102.00K	USD	1 Quarter
Total operating expenses	`CostsAndExpenses`	$496.57M	USD	2 Qtrs
Total operating expenses	`CostsAndExpenses`	$257.64M	USD	1 Quarter
Total operating expenses	`CostsAndExpenses`	$266.35M	USD	1 Quarter
Total operating expenses	`CostsAndExpenses`	$523.99M	USD	2 Qtrs
Operating Income	`OperatingIncomeLoss`	$8.26M	USD	1 Quarter
Operating Income	`OperatingIncomeLoss`	$21.19M	USD	1 Quarter
Operating Income	`OperatingIncomeLoss`	$12.35M	USD	2 Qtrs
Operating Income	`OperatingIncomeLoss`	$32.24M	USD	2 Qtrs
Interest expense	`InterestExpense`	$2.96M	USD	1 Quarter
Interest expense	`InterestExpense`	$4.16M	USD	2 Qtrs
Interest expense	`InterestExpense`	$2.19M	USD	1 Quarter
Interest expense	`InterestExpense`	$5.95M	USD	2 Qtrs
Other, net	`OtherNonoperatingIncomeExpense`	$3.00K	USD	1 Quarter
Other, net	`OtherNonoperatingIncomeExpense`	$19.00K	USD	1 Quarter
Other, net	`OtherNonoperatingIncomeExpense`	$110.00K	USD	2 Qtrs
Other, net	`OtherNonoperatingIncomeExpense`	$98.00K	USD	2 Qtrs
Nonoperating expenses, net	`NonoperatingIncomeExpense`	$-2.19M	USD	1 Quarter
Nonoperating expenses, net	`NonoperatingIncomeExpense`	$-5.84M	USD	2 Qtrs
Nonoperating expenses, net	`NonoperatingIncomeExpense`	$-2.94M	USD	1 Quarter
Nonoperating expenses, net	`NonoperatingIncomeExpense`	$-4.06M	USD	2 Qtrs
Income Before Income Taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$19.00M	USD	1 Quarter
Income Before Income Taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$5.32M	USD	1 Quarter
Income Before Income Taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$28.18M	USD	2 Qtrs
Income Before Income Taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$6.50M	USD	2 Qtrs
Income Tax Provision	`IncomeTaxExpenseBenefit`	$10.79M	USD	2 Qtrs
Income Tax Provision	`IncomeTaxExpenseBenefit`	$7.15M	USD	1 Quarter
Income Tax Provision	`IncomeTaxExpenseBenefit`	$2.43M	USD	2 Qtrs
Income Tax Provision	`IncomeTaxExpenseBenefit`	$1.96M	USD	1 Quarter
Net Income	`NetIncomeLoss`	$17.39M	USD	2 Qtrs
Net Income	`NetIncomeLoss`	$11.85M	USD	1 Quarter
Net Income	`NetIncomeLoss`	$3.36M	USD	1 Quarter
Net Income	`NetIncomeLoss`	$4.07M	USD	2 Qtrs
Weighted average common shares outstanding - basic	`WeightedAverageNumberOfSharesOutstandingBasic`	15.88M	shares	1 Quarter
Weighted average common shares outstanding - basic	`WeightedAverageNumberOfSharesOutstandingBasic`	15.79M	shares	1 Quarter
Weighted average common shares outstanding - basic	`WeightedAverageNumberOfSharesOutstandingBasic`	15.78M	shares	2 Qtrs
Weighted average common shares outstanding - basic	`WeightedAverageNumberOfSharesOutstandingBasic`	15.86M	shares	2 Qtrs
Weighted average common shares outstanding - diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	16.51M	shares	1 Quarter
Weighted average common shares outstanding - diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	16.17M	shares	2 Qtrs
Weighted average common shares outstanding - diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	16.19M	shares	1 Quarter
Weighted average common shares outstanding - diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	16.47M	shares	2 Qtrs
Basic Earnings Per Share	`EarningsPerShareBasic`	$0.75	USD	1 Quarter
Basic Earnings Per Share	`EarningsPerShareBasic`	$0.21	USD	1 Quarter
Basic Earnings Per Share	`EarningsPerShareBasic`	$0.26	USD	2 Qtrs
Basic Earnings Per Share	`EarningsPerShareBasic`	$1.10	USD	2 Qtrs
Diluted Earnings Per Share	`EarningsPerShareDiluted`	$1.06	USD	2 Qtrs
Diluted Earnings Per Share	`EarningsPerShareDiluted`	$0.25	USD	2 Qtrs
Diluted Earnings Per Share	`EarningsPerShareDiluted`	$0.72	USD	1 Quarter
Diluted Earnings Per Share	`EarningsPerShareDiluted`	$0.21	USD	1 Quarter

Cash Flow Statement 38 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$17.39M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$11.85M	USD	1 Quarter
Net income	`NetIncomeLoss`	$3.36M	USD	1 Quarter
Net income	`NetIncomeLoss`	$4.07M	USD	2 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$17.38M	USD	2 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$23.37M	USD	2 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$8.80M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$11.95M	USD	1 Quarter
Other, net	`OtherNoncashIncomeExpense`	$-927.00K	USD	2 Qtrs
Other, net	`OtherNoncashIncomeExpense`	$-1.90M	USD	2 Qtrs
Changes in operating assets and liabilities, net	`IncreaseDecreaseInOperatingCapital`	$-7.67M	USD	2 Qtrs
Changes in operating assets and liabilities, net	`IncreaseDecreaseInOperatingCapital`	$11.66M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$10.71M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$50.33M	USD	2 Qtrs
Acquisition of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$20.89M	USD	2 Qtrs
Acquisition of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$71.44M	USD	2 Qtrs
Proceeds from disposal of property and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$275.00K	USD	2 Qtrs
Proceeds from disposal of property and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$2.14M	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-69.30M	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-20.62M	USD	2 Qtrs
Repayment of revolving credit agreement	`RepaymentsOfLinesOfCredit`	$151.37M	USD	2 Qtrs
Borrowing of revolving credit agreement	`ProceedsFromLinesOfCredit`	$180.32M	USD	2 Qtrs
Proceeds from stock option exercises	`ProceedsFromStockOptionsExercised`	$149.00K	USD	2 Qtrs
Proceeds from stock option exercises	`ProceedsFromStockOptionsExercised`	$613.00K	USD	2 Qtrs
Repayment of senior notes	`RepaymentsOfLongTermDebt`	$8.57M	USD	2 Qtrs
Repayment of senior notes	`RepaymentsOfLongTermDebt`	$11.07M	USD	2 Qtrs
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-8.42M	USD	2 Qtrs
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$18.49M	USD	2 Qtrs
Net Decrease in Cash and Cash Equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-491.00K	USD	2 Qtrs
Net Decrease in Cash and Cash Equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-18.33M	USD	2 Qtrs
Cash and cash equivalents, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$29.05M	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`	$1.32M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$826.00K	USD	Point-in-time
Cash and cash equivalents, end of period	`CashAndCashEquivalentsAtCarryingValue`	$29.05M	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`	$1.32M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashAndCashEquivalentsAtCarryingValue`	$826.00K	USD	Point-in-time

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