10-Q Filing

SAIA INC CIK: 1177702 Q1 2013

Filing Information

Form Type	10-Q
Accession Number	`0001193125-13-198421`
Period End Date	20130331
Filing Date	20130503
Fiscal Year	2013
Fiscal Period	Q1
XBRL Instance	saia-20130331.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 74 Income Statement 40 Cash Flow Statement 34

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
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$321.00K	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$60.00K	USD	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	-	shares	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	-	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$1.32M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$437.00K	USD	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$106.81M	USD	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$126.60M	USD	Point-in-time
Preferred stock, shares outstanding	`PreferredStockSharesOutstanding`	-	shares	Point-in-time
Preferred stock, shares outstanding	`PreferredStockSharesOutstanding`	-	shares	Point-in-time
Prepaid expenses and other	`PrepaidExpenseAndOtherAssetsCurrent`	$37.03M	USD	Point-in-time
Common stock, par value	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Prepaid expenses and other	`PrepaidExpenseAndOtherAssetsCurrent`	$32.59M	USD	Point-in-time
Common stock, par value	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Total current assets	`AssetsCurrent`	$159.62M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$144.16M	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
Property and Equipment, at cost	`PropertyPlantAndEquipmentGross`	$722.26M	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	16.19M	shares	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	16.06M	shares	Point-in-time
Property and Equipment, at cost	`PropertyPlantAndEquipmentGross`	$718.53M	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	16.19M	shares	Point-in-time
Less-accumulated depreciation	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$361.36M	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	16.06M	shares	Point-in-time
Less-accumulated depreciation	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$356.82M	USD	Point-in-time
Deferred compensation trust	`CommonStockDeferredCompensationShares`	138,503.00	shares	Point-in-time
Net property and equipment	`PropertyPlantAndEquipmentNet`	$360.90M	USD	Point-in-time
Net property and equipment	`PropertyPlantAndEquipmentNet`	$361.70M	USD	Point-in-time
Deferred compensation trust	`CommonStockDeferredCompensationShares`	133,024.00	shares	Point-in-time
Goodwill and Identifiable Intangibles, net	`Goodwill`	$9.40M	USD	Point-in-time
Goodwill and Identifiable Intangibles, net	`Goodwill`	$9.25M	USD	Point-in-time
Other Noncurrent Assets	`OtherAssetsNoncurrent`	$4.42M	USD	Point-in-time
Other Noncurrent Assets	`OtherAssetsNoncurrent`	$5.28M	USD	Point-in-time
Total assets	`Assets`	$535.05M	USD	Point-in-time
Total assets	`Assets`	$519.69M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$43.71M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$53.48M	USD	Point-in-time
Wages, vacation and employees' benefits	`EmployeeRelatedLiabilitiesCurrent`	$26.85M	USD	Point-in-time
Wages, vacation and employees' benefits	`EmployeeRelatedLiabilitiesCurrent`	$30.84M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$44.61M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$44.72M	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`	$141.30M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$147.19M	USD	Point-in-time
Long-term debt, less current portion	`LongTermDebtNoncurrent`	$38.56M	USD	Point-in-time
Long-term debt, less current portion	`LongTermDebtNoncurrent`	$36.61M	USD	Point-in-time
Deferred income taxes	`DeferredTaxLiabilitiesNoncurrent`	$55.61M	USD	Point-in-time
Deferred income taxes	`DeferredTaxLiabilitiesNoncurrent`	$55.61M	USD	Point-in-time
Claims, insurance and other	`ClaimsInsuranceAndOther`	$31.64M	USD	Point-in-time
Claims, insurance and other	`ClaimsInsuranceAndOther`	$29.70M	USD	Point-in-time
Total other liabilities	`LiabilitiesNoncurrent`	$123.87M	USD	Point-in-time
Total other liabilities	`LiabilitiesNoncurrent`	$123.86M	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,16,186,591 and 16,058,944 shares issued and outstanding at March 31, 2013 and December 31, 2012, respectively	`CommonStockValue`	$16.00K	USD	Point-in-time
Common stock, $0.001 par value, 50,000,000 shares authorized,16,186,591 and 16,058,944 shares issued and outstanding at March 31, 2013 and December 31, 2012, respectively	`CommonStockValue`	$16.00K	USD	Point-in-time
Additional paid-in-capital	`AdditionalPaidInCapitalCommonStock`	$207.26M	USD	Point-in-time
Additional paid-in-capital	`AdditionalPaidInCapitalCommonStock`	$206.98M	USD	Point-in-time
Deferred compensation trust, 133,024 and 138,503 shares of common stock at cost at March 31, 2013 and December 31, 2012, respectively	`DeferredCompensationEquity`	$2.17M	USD	Point-in-time
Deferred compensation trust, 133,024 and 138,503 shares of common stock at cost at March 31, 2013 and December 31, 2012, respectively	`DeferredCompensationEquity`	$2.21M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$49.74M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$58.89M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$254.52M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$264.00M	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$519.69M	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$535.05M	USD	Point-in-time

Income Statement 40 line items

Line Item	Tag	Value	Unit	Period
Operating Revenue	`SalesRevenueServicesNet`	$273.80M	USD	1 Quarter
Operating Revenue	`SalesRevenueServicesNet`	$268.69M	USD	1 Quarter
Salaries, wages and employees' benefits	`LaborAndRelatedExpense`	$136.85M	USD	1 Quarter
Salaries, wages and employees' benefits	`LaborAndRelatedExpense`	$131.70M	USD	1 Quarter
Purchased transportation	`PurchasedTransportation`	$16.77M	USD	1 Quarter
Purchased transportation	`PurchasedTransportation`	$19.31M	USD	1 Quarter
Fuel, operating expenses and supplies	`FuelOperatingExpensesAndSupplies`	$79.00M	USD	1 Quarter
Fuel, operating expenses and supplies	`FuelOperatingExpensesAndSupplies`	$79.40M	USD	1 Quarter
Operating taxes and licenses	`CostOfServicesDirectTaxesAndLicensesCosts`	$9.58M	USD	1 Quarter
Operating taxes and licenses	`CostOfServicesDirectTaxesAndLicensesCosts`	$9.87M	USD	1 Quarter
Claims and insurance	`OperatingInsuranceAndClaimsCostsProduction`	$6.17M	USD	1 Quarter
Claims and insurance	`OperatingInsuranceAndClaimsCostsProduction`	$5.59M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$11.41M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$11.63M	USD	1 Quarter
Operating gains, net	`GainLossOnSaleOfPropertyPlantEquipment`	$219.00K	USD	1 Quarter
Operating gains, net	`GainLossOnSaleOfPropertyPlantEquipment`	$172.00K	USD	1 Quarter
Total operating expenses	`CostsAndExpenses`	$259.26M	USD	1 Quarter
Total operating expenses	`CostsAndExpenses`	$257.64M	USD	1 Quarter
Operating Income	`OperatingIncomeLoss`	$14.53M	USD	1 Quarter
Operating Income	`OperatingIncomeLoss`	$11.05M	USD	1 Quarter
Interest expense	`InterestExpense`	$1.53M	USD	1 Quarter
Interest expense	`InterestExpense`	$1.96M	USD	1 Quarter
Other, net	`OtherNonoperatingIncomeExpense`	$66.00K	USD	1 Quarter
Other, net	`OtherNonoperatingIncomeExpense`	$95.00K	USD	1 Quarter
Nonoperating expenses, net	`NonoperatingIncomeExpense`	$-1.46M	USD	1 Quarter
Nonoperating expenses, net	`NonoperatingIncomeExpense`	$-1.87M	USD	1 Quarter
Income Before Income Taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$13.07M	USD	1 Quarter
Income Before Income Taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$9.18M	USD	1 Quarter
Income Tax Provision	`IncomeTaxExpenseBenefit`	$3.92M	USD	1 Quarter
Income Tax Provision	`IncomeTaxExpenseBenefit`	$3.64M	USD	1 Quarter
Net Income	`NetIncomeLoss`	$5.54M	USD	1 Quarter
Net Income	`NetIncomeLoss`	$9.15M	USD	1 Quarter
Weighted average common shares outstanding - basic	`WeightedAverageNumberOfSharesOutstandingBasic`	15.83M	shares	1 Quarter
Weighted average common shares outstanding - basic	`WeightedAverageNumberOfSharesOutstandingBasic`	15.99M	shares	1 Quarter
Weighted average common shares outstanding - diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	16.63M	shares	1 Quarter
Weighted average common shares outstanding - diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	16.36M	shares	1 Quarter
Basic Earnings Per Share	`EarningsPerShareBasic`	$0.57	USD	1 Quarter
Basic Earnings Per Share	`EarningsPerShareBasic`	$0.35	USD	1 Quarter
Diluted Earnings Per Share	`EarningsPerShareDiluted`	$0.55	USD	1 Quarter
Diluted Earnings Per Share	`EarningsPerShareDiluted`	$0.34	USD	1 Quarter

Cash Flow Statement 34 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$5.54M	USD	1 Quarter
Net income	`NetIncomeLoss`	$9.15M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$11.41M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$11.63M	USD	1 Quarter
Other, net	`OtherNoncashIncomeExpense`	$1.25M	USD	1 Quarter
Other, net	`OtherNoncashIncomeExpense`	$-1.43M	USD	1 Quarter
Changes in operating assets and liabilities, net	`IncreaseDecreaseInOperatingCapital`	$15.20M	USD	1 Quarter
Changes in operating assets and liabilities, net	`IncreaseDecreaseInOperatingCapital`	$-8.35M	USD	1 Quarter
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$24.05M	USD	1 Quarter
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$7.02M	USD	1 Quarter
Acquisition of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$40.59M	USD	1 Quarter
Acquisition of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$6.72M	USD	1 Quarter
Proceeds from disposal of property and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$710.00K	USD	1 Quarter
Proceeds from disposal of property and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$1.36M	USD	1 Quarter
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-39.24M	USD	1 Quarter
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-6.01M	USD	1 Quarter
Repayment of revolving credit agreement	`RepaymentsOfLongTermLinesOfCredit`	$62.93M	USD	1 Quarter
Repayment of revolving credit agreement	`RepaymentsOfLongTermLinesOfCredit`	$58.50M	USD	1 Quarter
Borrowing of revolving credit agreement	`ProceedsFromLinesOfCredit`	$56.55M	USD	1 Quarter
Borrowing of revolving credit agreement	`ProceedsFromLinesOfCredit`	$76.52M	USD	1 Quarter
Proceeds from stock option exercises	`ProceedsFromStockOptionsExercised`	$1.06M	USD	1 Quarter
Proceeds from stock option exercises	`ProceedsFromStockOptionsExercised`	$336.00K	USD	1 Quarter
Net cash (used in) provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$13.93M	USD	1 Quarter
Net cash (used in) provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-887.00K	USD	1 Quarter
Net Increase (Decrease) in Cash and Cash Equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-1.26M	USD	1 Quarter
Net Increase (Decrease) in Cash and Cash Equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$116.00K	USD	1 Quarter
Cash and cash equivalents, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$321.00K	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$60.00K	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`	$437.00K	USD	Point-in-time
Cash and cash equivalents, end of period	`CashAndCashEquivalentsAtCarryingValue`	$321.00K	USD	Point-in-time
Cash and cash equivalents, end of period	`CashAndCashEquivalentsAtCarryingValue`	$60.00K	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`	$437.00K	USD	Point-in-time

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