← HEARTLAND EXPRESS INC
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash flows from operating activities: | |||||||||||
| Adjustments to reconcile net income to net cash provided by operating activities: | |||||||||||
| Net Income (Loss) Attributable to Parent | $56.4m | $75.2m | $72.7m | $73.0m | $70.8m | $79.3m | $133.6m | $14.8m | ($29.7m) | ($52.5m) | |
| Depreciation, Depletion and Amortization | $105.6m | $103.9m | $101.3m | $100.9m | $110.4m | $104.2m | $133.0m | $199.0m | $181.5m | $159.2m | |
| Amortization of Debt Issuance Costs | — | — | — | — | — | — | $360k | $1.1m | $1.1m | $175k | |
| Amortization of Intangible Assets | $1.9m | $2.9m | $2.5m | $2.7m | $2.4m | $2.4m | $3.7m | $5.2m | $5.0m | $5.0m | |
| Deferred Income Tax Expense (Benefit) | ($5.5m) | ($27.2m) | $2.8m | $4.4m | $8.1m | ($5.9m) | $5.7m | ($18.1m) | ($30.2m) | ($25.2m) | |
| Share-based Payment Arrangement, Noncash Expense | $1.3m | $510k | $500k | $2.1m | $2.1m | $1.1m | $1.4m | $1.6m | $1.0m | $2.2m | |
| Payment, Tax Withholding, Share-based Payment Arrangement | — | $198k | $213k | $532k | $582k | $247k | $290k | $290k | $407k | $365k | |
| Share-based Payment Arrangement, Expense | — | $511k | $539k | $2.1m | $2.1m | $1.1m | $1.4m | $1.6m | $1.0m | $2.2m | |
| Goodwill, Impairment Loss | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | |
| Impairment of Intangible Assets (Excluding Goodwill) | — | — | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $19.0m | |
| Impairment of Intangible Assets, Indefinite-lived (Excluding Goodwill) | $0 | $0 | — | — | — | — | — | — | — | — | |
| Gain (Loss) on Disposition of Property Plant Equipment, Excluding Oil and Gas Property and Timber Property | $9.2m | $26.7m | $25.0m | $31.3m | $14.8m | $37.4m | $96.9m | $41.1m | $7.5m | $23.4m | |
| Income Tax Expense (Benefit) | $29.7m | ($10.7m) | $19.2m | $24.2m | $23.5m | $26.8m | $47.5m | $5.1m | ($7.0m) | ($15.7m) | |
| Additional Financial Items | |||||||||||
| Gain (Loss) on Sale of Properties | — | — | — | — | — | — | $73.2m | $25.6m | — | — | |
| Goodwill | $100.2m | $132.4m | $132.4m | $168.3m | $168.3m | $168.3m | $320.7m | $322.6m | $322.6m | $322.6m | |
| Investment Income, Interest | $481k | $1.1m | $2.1m | $4.0m | $842k | $640k | $1.3m | $1.7m | $1.1m | $774k | |
| Revenue from Contract with Customer, Including Assessed Tax | — | — | $14.9m | $13.5m | $14.3m | $11.4m | $50.7m | $94.8m | $78.0m | $58.1m | |
| Net Cash Provided by (Used in) Operating Activities | $155.8m | $109.5m | $146.5m | $146.4m | $178.8m | $123.4m | $194.7m | $165.3m | $144.3m | $89.3m | |
| Cash flows from investing activities: | |||||||||||
| Payments to Acquire Property, Plant, and Equipment | $86.1m | $184.1m | $169.3m | $163.8m | $204.3m | $132.6m | $160.6m | $208.6m | $109.5m | $156.2m | |
| Payments to Acquire Businesses, Net of Cash Acquired | $0 | $86.7m | $0 | $61.9m | $0 | $0 | $675.9m | $0 | $0 | — | |
| Payments for (Proceeds from) Other Investing Activities | $1.0m | $179k | ($710k) | $26k | ($129k) | $191k | ($411k) | ($3.4m) | ($4k) | ($251k) | |
| Net Cash Provided by (Used in) Investing Activities | ($39.2m) | ($132.5m) | ($37.8m) | ($132.8m) | ($111.0m) | ($2.6m) | ($663.3m) | ($67.9m) | ($46.5m) | ($26.0m) | |
| Cash flows from financing activities: | |||||||||||
| Proceeds from Issuance of Long-term Debt | — | — | — | — | — | — | $447.3m | $0 | $0 | — | |
| Payments for Repurchase of Common Stock | $14.7m | $0 | $25.1m | $0 | $25.7m | $32.0m | $0 | $0 | $7.3m | $10.4m | |
| Payments of Ordinary Dividends, Common Stock | $6.7m | $6.7m | $6.6m | $6.6m | $6.5m | $45.9m | $6.3m | $6.3m | $4.7m | $6.2m | |
| Payments of Dividends | $6.7m | $6.7m | $6.6m | $6.6m | $6.5m | $45.9m | $6.3m | $6.3m | $6.3m | $6.2m | |
| Net Cash Provided by (Used in) Financing Activities | ($21.3m) | ($30.2m) | ($31.9m) | ($100.4m) | ($32.7m) | ($78.1m) | $359.3m | ($120.7m) | ($112.7m) | ($58.2m) | |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect | $95.3m | ($53.1m) | $76.8m | ($86.9m) | $35.1m | $42.6m | ($109.3m) | ($23.3m) | ($14.9m) | $5.2m | |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | — | — | $182.9m | $96.1m | $131.1m | $173.8m | $64.5m | $41.2m | $26.3m | $31.4m | |
| Restricted Cash and Investments, Current | $9.3m | $7.9m | $3.1m | $1.6m | $1.1m | $928k | $752k | $332k | $280k | $249k | |
| Supplemental disclosure of cash flow information: | |||||||||||
| Interest Paid, Excluding Capitalized Interest, Operating Activities | $0 | $153k | $0 | $929k | $0 | $0 | $6.4m | $22.4m | $17.7m | $12.2m | |
| Income Taxes Paid, Net | $35.5m | $21.9m | $12.8m | $18.9m | $13.7m | $38.5m | $44.0m | $30.1m | $15.6m | $9.3m |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.