Daseke, Inc. (DSKE) Financial Statements (2024 and earlier)

Company Profile

Business Address 15455 DALLAS PKWY
ADDISON, TX 75001
State of Incorp. DE
Fiscal Year End December 31
Industry (SIC) 47 - Transportation Services (benchmarking)
More info Complete Financial Analysis Financial Benchmarking

Balance Sheet (Statement of Financial Position) ($ in thousands)

9/30/2023
Q3
6/30/2023
Q2
3/31/2023
Q1
12/31/2022
Q4
9/30/2022
Q3
6/30/2022
Q2
3/31/2022
Q1
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments93,700161,300153,400188,300152,000153,500
Cash and cash equivalents93,700161,300153,400188,300152,000153,500
Receivables188,400183,000186,900216,700231,400212,100
Other current assets38,20035,60037,90028,20028,60019,800
Total current assets:320,300379,900378,200433,200412,000385,400
Noncurrent Assets
Operating lease, right-of-use asset98,300105,100107,600108,700109,300109,100
Property, plant and equipment532,400493,500488,300456,200421,000397,700
Intangible assets, net (including goodwill)214,400216,400217,900221,000223,700233,200
Goodwill137,500137,300137,300137,200142,400148,000
Intangible assets, net (excluding goodwill)76,90079,10080,60083,80081,30085,200
Other noncurrent assets2,9002,9003,4003,7003,6004,200
Total noncurrent assets:848,000817,900817,200789,600757,600744,200
TOTAL ASSETS:1,168,3001,197,8001,195,4001,222,8001,169,6001,129,600
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities100,30095,20095,100151,200129,40094,900
Interest and dividends payable800800800
Taxes payable2,0001,7005,200
Employee-related liabilities37,10030,80028,500
Accounts payable14,10018,30014,70018,10017,90020,200
Accrued liabilities86,20076,90080,40093,20078,20040,200
Debt90,30080,8008,70068,80060,40055,200
Other undisclosed current liabilities73,40072,200140,00038,40053,40084,500
Total current liabilities:264,000248,200243,800258,400243,200234,600
Noncurrent Liabilities
Long-term debt and lease obligation557,300581,800 643,800617,900605,800
Long-term debt, excluding current maturities557,300581,800 562,600536,900524,300
Liabilities, other than long-term debt170,500174,400176,30089,00089,80089,000
Deferred income tax liabilities97,60095,90095,00086,90086,10085,500
Other liabilities1,9001,8001,7002,1003,7003,500
Operating lease, liability71,00076,70079,60081,20081,00081,500
Other undisclosed noncurrent liabilities   582,300   
Total noncurrent liabilities:727,800756,200758,600732,800707,700694,800
Total liabilities:991,8001,004,4001,002,400991,200950,900929,400
Equity
Equity, attributable to parent, including:176,500193,400193,000231,600218,700200,200
Additional paid in capital295,100295,800293,100404,300402,300400,200
Accumulated other comprehensive income (loss)100(500)(400)(500)(100) 
Accumulated deficit(231,300)(234,500)(232,300)(237,200)(248,500)(265,000)
Other undisclosed equity, attributable to parent112,600132,600132,60065,00065,00065,000
Total equity:176,500193,400193,000231,600218,700200,200
TOTAL LIABILITIES AND EQUITY:1,168,3001,197,8001,195,4001,222,8001,169,6001,129,600

Income Statement (P&L) ($ in thousands)

9/30/2023
Q3
6/30/2023
Q2
3/31/2023
Q1
12/31/2022
Q4
9/30/2022
Q3
6/30/2022
Q2
3/31/2022
Q1
Revenues407,300399,800408,200462,800481,300421,000
Cost of revenue(329,900)(332,600)(335,500)(374,600)(395,200)(346,400)
Gross profit:77,40067,20072,70088,20086,10074,600
Operating expenses(56,300)(55,300)(57,500)(56,000)(53,300)(56,400)
Operating income:21,10011,90015,20032,20032,80018,200
Nonoperating expense(11,600)(11,000)(47,500)(9,700)(7,400)(1,800)
Other nonoperating income (expense)300200600(1,200)(600)500
Interest and debt expense(13,100)(12,600)(11,600)(9,200)(7,500)(7,100)
Income (loss) from continuing operations before equity method investments, income taxes:(3,600)(11,700)(43,900)13,30017,9009,300
Other undisclosed income from continuing operations before income taxes13,10012,60049,4009,2007,5007,100
Income from continuing operations before income taxes:9,5009005,50022,50025,40016,400
Income tax expense (benefit)(3,800)(400)1,400(9,900)(7,700)(3,400)
Income from continuing operations:5,7005006,90012,60017,70013,000
Income before gain (loss) on sale of properties:12,60017,70013,000
Net income attributable to parent:5,7005006,90012,60017,70013,000
Preferred stock dividends and other adjustments    (1,300)(1,200)(1,200)
Other undisclosed net loss available to common stockholders, basic(2,500)(2,700)(2,000) (33,000) 
Net income (loss) available to common stockholders, basic:3,200(2,200)4,90011,300(16,500)11,800
Dilutive securities, effect on basic earnings per share     200100
Net income (loss) available to common stockholders, diluted:3,200(2,200)4,90011,300(16,300)11,900

Comprehensive Income ($ in thousands)

9/30/2023
Q3
6/30/2023
Q2
3/31/2023
Q1
12/31/2022
Q4
9/30/2022
Q3
6/30/2022
Q2
3/31/2022
Q1
Net income:5,7005006,90012,60017,70013,000
Comprehensive income:5,7005006,90012,60017,70013,000
Other undisclosed comprehensive income (loss), net of tax, attributable to parent600(100)100(400)(1,200)1,100
Comprehensive income, net of tax, attributable to parent:6,3004007,00012,20016,50014,100

Statements Sources

The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

Login to ReadyRatios

 

Have you forgotten your password?

Are you a new user?

Login As
You can log in if you are registered at one of these services: