P.A.M. Transportation Services, Inc. (PTSI) financial statements (2022 and earlier)

Company profile

Business Address 297 WEST HENRI DE TONTI BLVD
TONTITOWN, AR 72770
State of Incorp. DE
Fiscal Year End December 31
SIC 4213 - Trucking, Except Local (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in thousands)

12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments57,93328,27829,83927,83126,88827,75824,732
Cash and cash equivalents18,509337318282224137157
Short-term investments39,42427,94129,52127,54926,66427,62124,575
Receivables129,22383,72666,05769,04063,58261,86358,027
Inventory, net of allowances, customer advances and progress billings1,4561,3451,3271,4611,6601,9001,890
Inventory1,4561,3451,3271,4611,6601,9001,890
Prepaid expense10,96210,1728,66910,39310,1128,7778,052
Total current assets:199,574123,521105,892108,725102,242100,29892,701
Noncurrent Assets
Property, plant and equipment384,179450,825387,275354,587286,944277,376262,852
Other noncurrent assets3,6284,2464,8422,7542,9992,3922,442
Total noncurrent assets:387,807455,071392,117357,341289,943279,768265,294
TOTAL ASSETS:587,381578,592498,009466,066392,185380,066357,995
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities61,85972,70357,20743,49937,25438,41844,884
Accounts payable43,38146,10216,59720,00219,64516,08817,791
Accrued liabilities14,11426,60140,61023,49717,60922,33027,093
Taxes payable4,364      
Debt49,54457,77667,63763,90873,64142,80640,025
Deferred tax liabilities   1,835
Other undisclosed current liabilities  1    
Total current liabilities:111,403130,479124,845107,407110,89581,22486,744
Noncurrent Liabilities
Long-term debt and lease obligation172,733228,330174,187157,31598,995124,39199,223
Long-term debt, excluding current maturities172,733228,330174,187157,31598,995124,39199,223
Liabilities, other than long-term debt87,13569,80265,00361,89754,69180,29370,474
Deferred tax liabilities, net61,89754,69180,29370,474
Deferred income tax liabilities86,71568,88363,522
Other liabilities4209191,481    
Other undisclosed noncurrent liabilities  (1)    
Total noncurrent liabilities:259,868298,132239,189219,212153,686204,684169,697
Total liabilities:371,271428,611364,034326,619264,581285,908256,441
Stockholders' equity
Stockholders' equity attributable to parent, including:216,110149,981133,975139,447127,60494,158101,554
Common stock234117117116115115115
Treasury stock, value(169,946)(159,118)(156,837)(142,552)(129,183)(122,835)(101,779)
Additional paid in capital84,47284,14883,68882,77681,55980,82280,429
Accumulated other comprehensive income    7,4447,4765,310
Retained earnings301,350224,834207,007199,107167,669128,580117,479
Other undisclosed stockholders' equity attributable to parent00(0)    
Total stockholders' equity:216,110149,981133,975139,447127,60494,158101,554
TOTAL LIABILITIES AND EQUITY:587,381578,592498,009466,066392,185380,066357,995

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

12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
Revenues707,120486,825514,177533,261437,838432,852417,050
Revenue, net437,838432,852417,050
Cost of revenue(586,930)(441,570)(462,516)(472,872)(298,617)(276,999)(129,989)
Cost of goods and services sold(102,228)(84,275)(98,420)(93,130)(79,505)(82,993)(89,878)
Gross profit:120,19045,25551,66160,389139,221155,853287,061
Operating expenses(19,985)(11,332)(39,114)(18,787)(126,541)(135,925)(250,831)
Operating income:100,20533,92312,54741,60212,68019,92836,230
Nonoperating income (expense)10,339(1,699)6,222(4,016)5,8531,4851,516
Investment income, nonoperating1,4481,2661,3091,1715,7342,1582,348
Interest and debt expense(8,039)(8,815)(8,654)(6,245)(3,902)(3,641)(2,818)
Income from continuing operations before income taxes:102,50523,40910,11531,34114,63117,77234,928
Income tax expense (benefit)(25,989)(5,582)(2,215)(7,347)24,268(6,671)(13,492)
Net income available to common stockholders, diluted:76,51617,8277,90023,99438,89911,10121,436

Comprehensive Income ($ in thousands)

12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
Net income:76,51617,8277,90023,99438,89911,10121,436
Other comprehensive income (loss)     2,166(1,092)
Comprehensive income:76,51617,8277,90023,99438,89913,26720,344
Other undisclosed comprehensive loss, net of tax, attributable to parent    (32)  
Comprehensive income, net of tax, attributable to parent:76,51617,8277,90023,99438,86713,26720,344

Statements sources

The financial statements are based on the company's filings with the 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.

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