MARTEN TRANSPORT LTD

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 From Continuing Operations $110.4m $70.4m $26.9m $17.4m
Net Income (Loss) Attributable to Parent $33.5m $90.3m $55.0m $61.1m $69.5m $85.4m $110.4m $70.4m $26.9m $17.4m
Depreciation $82.4m $85.1m $88.6m $95.1m $102.9m $102.6m $111.0m $116.7m $111.7m $105.4m
Depreciation Amortization Depletion $111.0m $116.7m $111.7m $105.4m
Deferred Income Tax Expense (Benefit) $13.5m ($47.2m) $5.4m $16.0m ($924k) $4.1m $11.9m ($14.6m) ($15.4m) ($17.3m)
Deferred Income Tax $11.9m ($14.6m) ($15.4m) ($17.3m)
Deferred Tax $11.9m ($14.6m) ($15.4m) ($17.3m)
Share-based Payment Arrangement, Noncash Expense $883k $1.2m $3.3m $1.8m $1.9m $2.5m $2.8m $2.3m $2.2m $1.9m
Payment, Tax Withholding, Share-based Payment Arrangement $127k $47k $104k $784k $437k $2.7m $1.6m $926k $382k $284k
Share-based Payment Arrangement, Expense $883k $1.2m $3.3m $1.8m $1.9m $2.5m $2.8m $2.3m $2.2m $1.9m
Gain (Loss) on Disposition of Property Plant Equipment, Excluding Oil and Gas Property and Timber Property $4.5m ($1.6m) $7.2m $8.7m $3.2m ($6.2m) $10.5m ($1.6m) ($7.6m) $12.1m
Income (Loss) from Equity Method Investments ($155k) $0 $0
Income Tax Expense (Benefit) $23.6m ($33.8m) $16.0m $16.6m $23.9m $26.3m $33.8m $23.5m $9.4m $6.9m
Income (Loss) from Equity Method Investments, Net of Dividends or Distributions ($1.0m) ($271k) $493k
Changes in operating assets and liabilities:
Additional Financial Items
Increase (Decrease) in Accounts Payable $594k $11k $1.8m $5.3m $883k ($823k) $11.9m ($3.6m) ($2.4m) ($1.5m)
Nonoperating Income (Expense) ($1.2m) ($389k) $681k $1.2m $140k $43k $827k $3.8m $3.1m $1.5m
Operating Expenses $612.8m $641.3m $717.2m $766.8m $781.1m $862.0m $1.1b $1.0b $930.5m $860.7m
Proceeds from Stock Options Exercised $4.4m $1.1m $938k $1.6m $4.8m $874k $4.0m $2.4m $1.8m $262k
Revenue from Contract with Customer, Including Assessed Tax $787.6m $843.3m $874.4m $973.6m $1.3b $1.1b $963.7m $883.7m
Beginning Cash Position $57.0m $80.6m $53.2m $17.3m
Cash Flow From Continuing Financing Activities ($60.9m) ($19.2m) ($18.6m) ($19.6m)
Cash Flow From Continuing Investing Activities ($135.0m) ($172.5m) ($152.1m) ($42.9m)
Change In Account Payable $11.9m ($3.6m) ($2.4m) ($1.5m)
Change In Accrued Expense $10.1m ($9.2m) ($5.8m) ($3.9m)
Change In Payable $11.9m ($3.6m) ($2.4m) ($1.5m)
Change In Payables And Accrued Expense $22.0m ($12.8m) ($8.3m) ($5.4m)
Change In Prepaid Assets ($8.2m) ($3.9m) ($4.1m) ($2.1m)
Change In Receivables ($23.5m) $12.8m $19.8m ($661k)
Change In Working Capital ($9.8m) ($4.0m) $7.5m ($8.2m)
Changes In Cash $23.6m ($27.4m) ($35.9m) $31.0m
End Cash Position $80.6m $53.2m $17.3m $48.3m
Financing Cash Flow ($60.9m) ($19.2m) ($18.6m) ($19.6m)
Free Cash Flow $42.9m ($76.2m) ($98.4m) ($51.1m)
Gain Loss On Sale Of PPE ($13.4m) ($13.6m) ($5.0m) ($12.1m)
Investing Cash Flow ($135.0m) ($172.5m) ($152.1m) ($42.9m)
Net PPE Purchase And Sale ($134.9m) ($172.5m) ($152.1m) ($42.8m)
Operating Gains Losses ($13.4m) ($13.6m) ($5.0m) ($12.1m)
Other Non Cash Items $6.6m $7.2m $6.9m $6.4m
Proceeds From Stock Option Exercised $2.0m $1.2m $1.3m $246k
Purchase Of PPE ($176.6m) ($240.6m) ($233.2m) ($144.6m)
Repurchase Of Capital Stock $0 ($41.8m) $0 $0
Sale Of PPE $41.7m $68.1m $81.1m $101.7m
Stock Based Compensation $2.8m $2.3m $2.2m $1.9m
Net Cash Provided by (Used in) Operating Activities $133.6m $121.9m $150.6m $153.2m $189.6m $171.2m $219.5m $164.4m $134.8m $93.5m
Cash flows from investing activities:
Capital Expenditure ($176.6m) ($240.6m) ($233.2m) ($144.6m)
Payments for (Proceeds from) Other Investing Activities $42k $43k $15k $25k $39k $37k $38k $45k $49k $52k
Net Other Investing Changes ($38k) ($45k) ($49k) ($52k)
Net Cash Provided by (Used in) Investing Activities ($97.3m) ($95.3m) ($101.3m) ($137.2m) ($106.3m) ($123.7m) ($135.0m) ($172.5m) ($152.1m) ($42.9m)
Cash flows from financing activities:
Net Common Stock Issuance $0 ($41.8m) $0 $0
Payments for Repurchase of Common Stock $7.5m $3.8m $0 $597k $0 $41.8m $0 $0
Payments of Ordinary Dividends, Common Stock $3.3m $4.4m $5.5m $42.1m $52.4m $54.7m $19.6m $19.5m $19.5m $19.6m
Common Stock Payments $0 ($41.8m) $0 $0
Payments of Dividends $3.3m
Cash Dividends Paid ($19.6m) ($19.5m) ($19.5m) ($19.6m)
Common Stock Dividend Paid ($19.6m) ($19.5m) ($19.5m) ($19.6m)
Net Other Financing Charges ($1.6m) ($926k) ($382k) ($284k)
Net Cash Provided by (Used in) Financing Activities ($36.2m) ($11.3m) ($8.4m) ($41.3m) ($48.6m) ($56.6m) ($60.9m) ($19.2m) ($18.6m) ($19.6m)
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect $34.7m ($9.1m) $23.6m ($27.4m) ($35.9m) $31.0m
Supplemental disclosure of cash flow information:
Change In Cash Supplemental As Reported $23.6m ($27.4m) ($35.9m) $31.0m
Interest Paid, Excluding Capitalized Interest, Operating Activities $151k $50k $52k $0 $0 $65k $10k $0 $0
Income Taxes Paid, Net $31k $14.4m $9.5m $5.0m $18.0m $21.7m $23.6m $37.0m $19.2m $27.0m

Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.