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SAIA Price Correlated With Financials For Saia

Free historical financial statements for Saia Inc. See how revenue, income, cash flow, and balance sheet financials have changed over 43 quarters since 2012. Compare with SAIA stock chart to see long term trends.

SAIA Stock Compared to Quarterly

SAIA Income Statement

Revenue, Net:729561000
Revenue Per Share:27.4901
Total Operating Expenses:601206000
Operating Income:128355000
Income Taxes:29815000
Net Income:97891000
Earnings Per Share, Basic:3.69
Shares Outstanding, Basic Avg:26539000

SAIA Cash Flow

Operating Activities Net Income:
Depreciation, Depletion & Amortization:40682000
Net Cash from Operations:136169000
Net Cash from Operations Per Share:5.1309
Net Cash from Financing Activities:-1510000
Property, Plant & Equipment Purchases:122706000
Net Cash from Investing Activities:-122705000
Net Change in Cash & Equivalents:11954000

SAIA Balance Sheet

Cash and Cash Equivalents:149825000
Accounts Receivable, Net:335595000
Total Current Assets:551402000
Property, Plant & Equipment, Net:1439169000
Total Assets:2140324000
Accounts Payable:114697000
Total Short-Term Liabilities:338469000

Major Holders (from 13F filings)

Investment Type
Change
Value (x$1000)
increase or decrease
Price T Rowe Associates Inc /Md/
3,489,376 sh
-11,029 sh
0%
$662,982
$4,906
Blackrock Inc.
3,156,182 sh
92,688 sh
3%
$599,674
$23,736
Capital International Investors
2,741,586 sh
981,138 sh
56%
$520,901
$189,937
Vanguard Group Inc
2,653,334 sh
-30,462 sh
-1%
$504,133
-$421
State Street Corp
883,003 sh
652 sh
0%
$167,771
$1,889
Capital World Investors
766,740 sh
 
$145,681
Wasatch Advisors Inc
694,033 sh
694,033 sh
NEW
$131,866
$131,866
Dimensional Fund Advisors LP
649,633 sh
-10,895 sh
-2%
$123,437
-$733
Alliancebernstein L.P.
648,561 sh
50,908 sh
9%
$123,227
$10,868
Westfield Capital Management Co Lp
559,708 sh
188,986 sh
51%
$106,345
$15,956
Vaughan Nelson Investment Management, L.P.
536,332 sh
-125,801 sh
-19%
$101,902
-$59,539
Congress Asset Management Co /Ma
484,006 sh
3,498 sh
1%
$91,961
$1,626
Geode Capital Management, LLC
478,621 sh
8,390 sh
2%
$90,937
$2,534
Invesco Ltd.
409,437 sh
-53,769 sh
-12%
$77,792
-$9,291
Bessemer Group Inc
404,628 sh
24,939 sh
7%
$76,880
$5,498
Janus Henderson Group Plc
397,590 sh
-1,508 sh
0%
$75,543
$512
JPMorgan Chase & Co
388,491 sh
-8,752 sh
-2%
$73,813
-$868
Northern Trust Corp
385,440 sh
-17,087 sh
-4%
$73,234
-$24,910
Artemis Investment Management Llp
376,582 sh
-112,753 sh
-23%
$71,594
-$20,571
Allspring Global Investments Holdings, LLC
344,989 sh
-99,588 sh
-22%
$65,546
-$18,034
COMPANY PROFILE
1.    Description of Business and Summary of Accounting Policies
Description of Business
Saia, Inc. and its subsidiaries (“Saia” or the “Company”) is headquartered in Johns Creek, Georgia. Saia is a leading, less-than-truckload (“LTL”) motor carrier with more than 97% of its revenue historically derived from transporting LTL shipments for customers.  In addition to the core LTL services provided in 45 states, the Company also offers customers a wide range of other value-added services, including non-asset truckload, expedited and logistics services across the United States.
The Chief Operating Decision Maker is the Chief Executive Officer who manages the business, regularly reviews financial information and allocates resources. The Company has one operating segment.
Basis of Presentation
The accompanying consolidated financial statements include the accounts of Saia, Inc. and its wholly-owned subsidiaries. All significant intercompany accounts and transactions have been eliminated in the consolidated financial statements.
Use of Estimates
The preparation of our consolidated financial statements requires the use of estimates and assumptions that affect the reported amounts of assets and liabilities and the reported amounts of revenues and expenses. Management makes its best estimate of the ultimate outcome for these items based on historical trends and other information available when the financial statements are prepared. Changes in estimates are recognized in accordance with the accounting rules for the estimate, which is typically in the period when new information becomes available to management. Areas where the nature of the estimate makes it reasonably possible that actual results could materially differ from amounts estimated include: revenue reserves; self-insurance accruals; long-term incentive compensation; tax liabilities; loss contingencies; litigation claims; and impairment assessments on long-lived assets and goodwill.
Accounting Pronouncements Adopted in 2020
In 2016, the Financial Accounting Standards Board (“FASB”) issued ASU No. 2016-13, “ Financial Instruments-Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments.” Under this ASU an entity is required to utilize an “expected credit loss model” on certain financial instruments, including trade and financing receivables. This model requires consideration of a broader range of reasonable and supportable information and requires an entity to estimate expected credit losses over the lifetime of the asset. This standard is effective for interim and annual reporting periods beginning after December 15, 2019. The Company adopted the standard effective January 1, 2020 and, upon adoption, this standard did not have a material impact on its consolidated financial statements or related disclosures.
Accounting Pronouncements Adopted in 2021
In 2019, the FASB issued ASU No. 2019-12, “Income Taxes (Topic 740): Simplifying the Accounting for Income Taxes, ” which is intended to simplify various aspects related to accounting for income taxes. This ASU removes certain exceptions to the general principles in Topic 740 and also clarifies and amends existing guidance to improve consistent application. This standard became effective for interim and annual reporting periods beginning after December 15, 2020. The Company adopted the standard effective January 1, 2021 and, upon adoption, this standard did not have a material impact on its consolidated financial statements or related disclosures.

Summary of Accounting Policies
Significant accounting policies and practices used in the preparation of the accompanying consolidated financial statements are as follows:
Cash and Cash Equivalents and Checks Outstanding: Cash and cash equivalents in excess of current operating requirements are invested in short-term interest bearing instruments purchased with original maturities of three months or less and are stated at cost, which approximates their market value.

Data imported from Saia Inc SEC filings. Check original filings before making any investment decision.