10-Q Filing

SAIA INC CIK: 1177702 Q3 2013

Filing Information

Form Type	10-Q
Accession Number	`0001193125-13-432992`
Period End Date	20130930
Filing Date	20131107
Fiscal Year	2013
Fiscal Period	Q3
XBRL Instance	saia-20130930.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 74 Income Statement 80 Cash Flow Statement 44

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`	$4.06M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$804.00K	USD	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	-	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$321.00K	USD	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	-	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$1.32M	USD	Point-in-time
Preferred stock, shares outstanding	`PreferredStockSharesOutstanding`	-	shares	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$106.81M	USD	Point-in-time
Preferred stock, shares outstanding	`PreferredStockSharesOutstanding`	-	shares	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$127.54M	USD	Point-in-time
Prepaid expenses and other	`PrepaidExpenseAndOtherAssetsCurrent`	$37.03M	USD	Point-in-time
Prepaid expenses and other	`PrepaidExpenseAndOtherAssetsCurrent`	$37.55M	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
Common stock, shares authorized	`CommonStockSharesAuthorized`	50.00M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$169.15M	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	50.00M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$144.16M	USD	Point-in-time
Property and Equipment, at cost	`PropertyPlantAndEquipmentGross`	$718.53M	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	24.42M	shares	Point-in-time
Property and Equipment, at cost	`PropertyPlantAndEquipmentGross`	$787.68M	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	24.09M	shares	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	24.09M	shares	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	24.42M	shares	Point-in-time
Less-accumulated depreciation	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$365.80M	USD	Point-in-time
Less-accumulated depreciation	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$356.82M	USD	Point-in-time
Net property and equipment	`PropertyPlantAndEquipmentNet`	$421.88M	USD	Point-in-time
Deferred compensation trust	`CommonStockDeferredCompensationShares`	207,755.00	shares	Point-in-time
Net property and equipment	`PropertyPlantAndEquipmentNet`	$361.70M	USD	Point-in-time
Deferred compensation trust	`CommonStockDeferredCompensationShares`	201,936.00	shares	Point-in-time
Goodwill and Identifiable Intangibles, net	`Goodwill`	$8.94M	USD	Point-in-time
Goodwill and Identifiable Intangibles, net	`Goodwill`	$9.40M	USD	Point-in-time
Other Noncurrent Assets	`OtherAssetsNoncurrent`	$5.70M	USD	Point-in-time
Other Noncurrent Assets	`OtherAssetsNoncurrent`	$4.42M	USD	Point-in-time
Total assets	`Assets`	$605.67M	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`	$48.97M	USD	Point-in-time
Wages, vacation and employees' benefits	`EmployeeRelatedLiabilitiesCurrent`	$30.84M	USD	Point-in-time
Wages, vacation and employees' benefits	`EmployeeRelatedLiabilitiesCurrent`	$35.34M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$44.61M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$44.29M	USD	Point-in-time
Current portion of long-term debt	`LongTermDebtCurrent`	$14.64M	USD	Point-in-time
Current portion of long-term debt	`LongTermDebtCurrent`	$22.14M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$143.24M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$141.30M	USD	Point-in-time
Long-term debt, less current portion	`LongTermDebtNoncurrent`	$76.86M	USD	Point-in-time
Long-term debt, less current portion	`LongTermDebtNoncurrent`	$38.56M	USD	Point-in-time
Deferred income taxes	`DeferredTaxLiabilitiesNoncurrent`	$59.51M	USD	Point-in-time
Deferred income taxes	`DeferredTaxLiabilitiesNoncurrent`	$55.61M	USD	Point-in-time
Claims, insurance and other	`ClaimsInsuranceAndOther`	$31.21M	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`	$167.59M	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, 24,424,854 and 24,088,416 shares issued and outstanding at September 30, 2013 and December 31, 2012, respectively	`CommonStockValue`	$24.00K	USD	Point-in-time
Common stock, $0.001 par value, 50,000,000 shares authorized, 24,424,854 and 24,088,416 shares issued and outstanding at September 30, 2013 and December 31, 2012, respectively	`CommonStockValue`	$24.00K	USD	Point-in-time
Additional paid-in-capital	`AdditionalPaidInCapitalCommonStock`	$211.76M	USD	Point-in-time
Additional paid-in-capital	`AdditionalPaidInCapitalCommonStock`	$206.97M	USD	Point-in-time
Deferred compensation trust, 201,936 and 207,755 shares of common stock at cost at September 30, 2013 and December 31, 2012, respectively	`DeferredCompensationEquity`	$2.21M	USD	Point-in-time
Deferred compensation trust, 201,936 and 207,755 shares of common stock at cost at September 30, 2013 and December 31, 2012, respectively	`DeferredCompensationEquity`	$2.25M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$85.30M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$49.74M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$254.52M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$294.84M	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$605.67M	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$519.69M	USD	Point-in-time

Income Statement 80 line items

Line Item	Tag	Value	Unit	Period
Operating Revenue	`SalesRevenueServicesNet`	$293.09M	USD	1 Quarter
Operating Revenue	`SalesRevenueServicesNet`	$859.44M	USD	3 Qtrs
Operating Revenue	`SalesRevenueServicesNet`	$834.25M	USD	3 Qtrs
Operating Revenue	`SalesRevenueServicesNet`	$278.02M	USD	1 Quarter
Salaries, wages and employees' benefits	`LaborAndRelatedExpense`	$410.47M	USD	3 Qtrs
Salaries, wages and employees' benefits	`LaborAndRelatedExpense`	$138.53M	USD	1 Quarter
Salaries, wages and employees' benefits	`LaborAndRelatedExpense`	$428.47M	USD	3 Qtrs
Salaries, wages and employees' benefits	`LaborAndRelatedExpense`	$147.31M	USD	1 Quarter
Purchased transportation	`PurchasedTransportation`	$55.02M	USD	3 Qtrs
Purchased transportation	`PurchasedTransportation`	$18.91M	USD	1 Quarter
Purchased transportation	`PurchasedTransportation`	$59.17M	USD	3 Qtrs
Purchased transportation	`PurchasedTransportation`	$18.81M	USD	1 Quarter
Fuel, operating expenses and supplies	`FuelOperatingExpensesAndSupplies`	$232.96M	USD	3 Qtrs
Fuel, operating expenses and supplies	`FuelOperatingExpensesAndSupplies`	$233.21M	USD	3 Qtrs
Fuel, operating expenses and supplies	`FuelOperatingExpensesAndSupplies`	$76.46M	USD	1 Quarter
Fuel, operating expenses and supplies	`FuelOperatingExpensesAndSupplies`	$75.80M	USD	1 Quarter
Operating taxes and licenses	`CostOfServicesDirectTaxesAndLicensesCosts`	$9.45M	USD	1 Quarter
Operating taxes and licenses	`CostOfServicesDirectTaxesAndLicensesCosts`	$27.98M	USD	3 Qtrs
Operating taxes and licenses	`CostOfServicesDirectTaxesAndLicensesCosts`	$9.07M	USD	1 Quarter
Operating taxes and licenses	`CostOfServicesDirectTaxesAndLicensesCosts`	$29.06M	USD	3 Qtrs
Claims and insurance	`OperatingInsuranceAndClaimsCostsProduction`	$6.61M	USD	1 Quarter
Claims and insurance	`OperatingInsuranceAndClaimsCostsProduction`	$6.13M	USD	1 Quarter
Claims and insurance	`OperatingInsuranceAndClaimsCostsProduction`	$18.41M	USD	3 Qtrs
Claims and insurance	`OperatingInsuranceAndClaimsCostsProduction`	$18.09M	USD	3 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$37.77M	USD	3 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$12.31M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$35.68M	USD	3 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$13.74M	USD	1 Quarter
Operating gains, net	`GainLossOnSaleOfPropertyPlantEquipment`	$570.00K	USD	3 Qtrs
Operating gains, net	`GainLossOnSaleOfPropertyPlantEquipment`	$296.00K	USD	1 Quarter
Operating gains, net	`GainLossOnSaleOfPropertyPlantEquipment`	$88.00K	USD	1 Quarter
Operating gains, net	`GainLossOnSaleOfPropertyPlantEquipment`	$409.00K	USD	3 Qtrs
Total operating expenses	`CostsAndExpenses`	$271.15M	USD	1 Quarter
Total operating expenses	`CostsAndExpenses`	$799.71M	USD	3 Qtrs
Total operating expenses	`CostsAndExpenses`	$261.61M	USD	1 Quarter
Total operating expenses	`CostsAndExpenses`	$785.60M	USD	3 Qtrs
Operating Income	`OperatingIncomeLoss`	$48.66M	USD	3 Qtrs
Operating Income	`OperatingIncomeLoss`	$21.93M	USD	1 Quarter
Operating Income	`OperatingIncomeLoss`	$16.42M	USD	1 Quarter
Operating Income	`OperatingIncomeLoss`	$59.73M	USD	3 Qtrs
Interest expense	`InterestExpense`	$1.94M	USD	1 Quarter
Interest expense	`InterestExpense`	$1.76M	USD	1 Quarter
Interest expense	`InterestExpense`	$4.91M	USD	3 Qtrs
Interest expense	`InterestExpense`	$6.10M	USD	3 Qtrs
Other, net	`OtherNonoperatingIncomeExpense`	$142.00K	USD	3 Qtrs
Other, net	`OtherNonoperatingIncomeExpense`	$85.00K	USD	1 Quarter
Other, net	`OtherNonoperatingIncomeExpense`	$44.00K	USD	1 Quarter
Other, net	`OtherNonoperatingIncomeExpense`	$180.00K	USD	3 Qtrs
Nonoperating expenses, net	`NonoperatingIncomeExpense`	$-1.68M	USD	1 Quarter
Nonoperating expenses, net	`NonoperatingIncomeExpense`	$-5.96M	USD	3 Qtrs
Nonoperating expenses, net	`NonoperatingIncomeExpense`	$-1.90M	USD	1 Quarter
Nonoperating expenses, net	`NonoperatingIncomeExpense`	$-4.73M	USD	3 Qtrs
Income Before Income Taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$14.52M	USD	1 Quarter
Income Before Income Taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$20.26M	USD	1 Quarter
Income Before Income Taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$55.00M	USD	3 Qtrs
Income Before Income Taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$42.70M	USD	3 Qtrs
Income Tax Provision	`IncomeTaxExpenseBenefit`	$5.26M	USD	1 Quarter
Income Tax Provision	`IncomeTaxExpenseBenefit`	$16.06M	USD	3 Qtrs
Income Tax Provision	`IncomeTaxExpenseBenefit`	$7.35M	USD	1 Quarter
Income Tax Provision	`IncomeTaxExpenseBenefit`	$19.44M	USD	3 Qtrs
Net Income	`NetIncomeLoss`	$12.91M	USD	1 Quarter
Net Income	`NetIncomeLoss`	$35.56M	USD	3 Qtrs
Net Income	`NetIncomeLoss`	$26.64M	USD	3 Qtrs
Net Income	`NetIncomeLoss`	$9.26M	USD	1 Quarter
Weighted average common shares outstanding - basic	`WeightedAverageNumberOfSharesOutstandingBasic`	24.22M	shares	1 Quarter
Weighted average common shares outstanding - basic	`WeightedAverageNumberOfSharesOutstandingBasic`	23.85M	shares	1 Quarter
Weighted average common shares outstanding - basic	`WeightedAverageNumberOfSharesOutstandingBasic`	24.12M	shares	3 Qtrs
Weighted average common shares outstanding - basic	`WeightedAverageNumberOfSharesOutstandingBasic`	23.81M	shares	3 Qtrs
Weighted average common shares outstanding - diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	25.27M	shares	1 Quarter
Weighted average common shares outstanding - diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	25.17M	shares	3 Qtrs
Weighted average common shares outstanding - diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	24.86M	shares	1 Quarter
Weighted average common shares outstanding - diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	24.79M	shares	3 Qtrs
Basic Earnings Per Share	`EarningsPerShareBasic`	$1.12	USD	3 Qtrs
Basic Earnings Per Share	`EarningsPerShareBasic`	$0.39	USD	1 Quarter
Basic Earnings Per Share	`EarningsPerShareBasic`	$1.47	USD	3 Qtrs
Basic Earnings Per Share	`EarningsPerShareBasic`	$0.53	USD	1 Quarter
Diluted Earnings Per Share	`EarningsPerShareDiluted`	$0.37	USD	1 Quarter
Diluted Earnings Per Share	`EarningsPerShareDiluted`	$0.51	USD	1 Quarter
Diluted Earnings Per Share	`EarningsPerShareDiluted`	$1.41	USD	3 Qtrs
Diluted Earnings Per Share	`EarningsPerShareDiluted`	$1.07	USD	3 Qtrs

Cash Flow Statement 44 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$12.91M	USD	1 Quarter
Net income	`NetIncomeLoss`	$35.56M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$26.64M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$9.26M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$37.77M	USD	3 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$12.31M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$35.68M	USD	3 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$13.74M	USD	1 Quarter
Other, net	`OtherNoncashIncomeExpense`	$-1.90M	USD	3 Qtrs
Other, net	`OtherNoncashIncomeExpense`	$-2.91M	USD	3 Qtrs
Changes in operating assets and liabilities, net	`IncreaseDecreaseInOperatingCapital`	$8.68M	USD	3 Qtrs
Changes in operating assets and liabilities, net	`IncreaseDecreaseInOperatingCapital`	$-13.21M	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$67.56M	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$77.42M	USD	3 Qtrs
Acquisition of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$100.80M	USD	3 Qtrs
Acquisition of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$81.89M	USD	3 Qtrs
Proceeds from disposal of property and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$2.61M	USD	3 Qtrs
Proceeds from disposal of property and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$3.06M	USD	3 Qtrs
Acquisition of business, net of cash	`PaymentsToAcquireBusinessesNetOfCashAcquired`	-	USD	3 Qtrs
Acquisition of business, net of cash	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$7.62M	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-86.89M	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-97.74M	USD	3 Qtrs
Repayment of revolving credit agreement	`RepaymentsOfLongTermLinesOfCredit`	$166.94M	USD	3 Qtrs
Repayment of revolving credit agreement	`RepaymentsOfLongTermLinesOfCredit`	$262.25M	USD	3 Qtrs
Borrowing of revolving credit agreement	`ProceedsFromLinesOfCredit`	$281.64M	USD	3 Qtrs
Borrowing of revolving credit agreement	`ProceedsFromLinesOfCredit`	$208.81M	USD	3 Qtrs
Proceeds from stock option exercises	`ProceedsFromStockOptionsExercised`	$3.71M	USD	3 Qtrs
Proceeds from stock option exercises	`ProceedsFromStockOptionsExercised`	$637.00K	USD	3 Qtrs
Repayment of senior notes	`RepaymentsOfLongTermDebt`	$11.07M	USD	3 Qtrs
Repayment of senior notes	`RepaymentsOfLongTermDebt`	$11.07M	USD	3 Qtrs
Other financing activities	`ProceedsFromPaymentsForOtherFinancingActivities`	-	USD	3 Qtrs
Other financing activities	`ProceedsFromPaymentsForOtherFinancingActivities`	$-586.00K	USD	3 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$33.92M	USD	3 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$8.96M	USD	3 Qtrs
Net Increase (Decrease) in Cash and Cash Equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$3.74M	USD	3 Qtrs
Net Increase (Decrease) in Cash and Cash Equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-513.00K	USD	3 Qtrs
Cash and cash equivalents, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$4.06M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$804.00K	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$321.00K	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$1.32M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashAndCashEquivalentsAtCarryingValue`	$4.06M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashAndCashEquivalentsAtCarryingValue`	$804.00K	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`	$1.32M	USD	Point-in-time

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