ATSG Stock Cash Flow Statements

Air Transport Services Group Quarterly Cash Flow Statements Chart

Quarterly

Annual

Operating Cash Flow

Investing Cash Flow

Financing Cash Flow

Air Transport Services Group Quarterly Cash Flow Statements Table

Quarterly

Annual

Unit: USD	2024-12-31	2024-09-30	2024-06-30	2024-03-31	2023-12-31	2023-09-30	2023-06-30	2023-03-31	2022-12-31	2022-09-30	2022-06-30	2022-03-31	2021-12-31	2021-09-30	2021-06-30	2021-03-31	2020-12-31	2020-09-30	2020-06-30	2020-03-31	2019-12-31	2019-09-30	2019-06-30	2019-03-31	2018-12-31	2018-09-30	2018-06-30	2018-03-31	2017-12-31	2017-09-30	2017-06-30	2017-03-31	2016-12-31	2016-09-30	2016-06-30	2016-03-31	2015-12-31	2015-09-30	2015-06-30	2015-03-31	2014-12-31	2014-09-30	2014-06-30	2014-03-31	2013-12-31	2013-09-30	2013-06-30	2013-03-31	2012-12-31	2012-09-30	2012-06-30	2012-03-31	2011-12-31	2011-09-30	2011-06-30	2011-03-31	2010-12-31	2010-09-30	2010-06-30	2010-03-31	2009-12-31	2009-09-30	2009-06-30	2009-03-31	2008-12-31	2008-09-30	2008-06-30	2008-03-31	2007-12-31	2007-09-30	2007-06-30	2007-03-31	2006-12-31	2006-09-30	2006-06-30	2006-03-31	2005-12-31	2005-09-30	2005-06-30	2005-03-31	2004-12-31	2004-09-30	2004-06-30	2004-03-31	2003-12-31

operating activities:
net earnings from continuing operations	14,714,000	-3,327,000	7,428,000	8,619,000	-15,587,000	17,172,000	38,022,000	20,141,000	42,244,000	50,188,000	54,210,000	49,796,000	44,458,000	62,363,000	79,869,000	42,290,000	2,253,000	-5,745,000	-105,162,000	133,733,000	-41,104,000	105,085,000	-26,632,000	22,634,000	-5,196,000	32,933,000	24,464,000	15,682,000	94,091,000	-28,229,000	-53,918,000	9,796,000	-755,000	2,116,000	11,528,000	8,171,000	13,343,000	6,347,000	10,570,000	8,895,000	6,659,000	9,595,000	9,298,000	6,522,000	-42,840,000	7,799,000	6,915,000	8,501,000	12,211,000	11,556,000	11,219,000	6,662,000	13,530,000	-4,826,000	12,280,000	2,881,000	11,851,000	11,388,000	9,915,000	6,750,000	10,312,000
net earnings from discontinued operations									407,000	854,000			66,000	2,309,000			2,874,000	154,000	236,000	3,772,000	914,000	243,000	31,000	31,000	866,000	170,000	170,000	196,000	1,026,000	-4,655,000	192,000	192,000	2,287,000	47,000	47,000	47,000	1,425,000					312,000													19,000	-117,000	-12,000	-230,000	-233,000	405,000	1,196,000
adjustments to reconcile net earnings to net cash from operating activities:
depreciation and amortization	112,469,000	108,460,000	99,725,000	94,965,000	93,823,000	90,970,000	87,799,000	90,936,000	90,542,000	89,486,000	87,575,000	88,245,000	92,275,000	85,984,000	83,871,000	79,719,000	81,037,000	76,192,000	76,087,000	77,001,000	74,712,000	71,125,000	69,937,000	69,579,000	61,088,000	49,201,000	47,950,000	46,320,000	49,162,000	41,492,000	41,064,000	39,033,000			34,066,000	32,534,000	34,296,000	30,754,000	31,400,000	28,993,000	29,826,000	26,307,000	27,142,000	24,979,000	25,672,000	23,392,000	21,765,000	20,920,000	21,606,000	21,057,000	21,514,000	20,300,000	22,198,000	22,616,000	23,878,000	22,371,000	22,284,000	22,758,000	21,752,000	20,800,000	21,609,000	20,102,000	21,153,000	21,723,000	25,786,000	24,495,000	22,928,000	21,242,000	13,465,000	13,502,000	12,837,000	11,943,000	11,658,000	11,649,000	11,350,000	11,003,000	10,816,000	10,467,000	10,252,000	9,632,000	9,505,000	8,954,000	9,262,000	9,096,000	9,180,000
pension and post-retirement	2,571,000	2,570,000	2,570,000	2,571,000	4,745,000	4,745,000	4,745,000	4,745,000	1,013,000	1,014,000	324,000	324,000	1,811,000	1,811,000	1,811,000	1,811,000	972,000	972,000	972,000	972,000	3,925,000	3,925,000	3,925,000	3,925,000	940,000	942,000	942,000	942,000	2,017,000	14,926,000	1,995,000	1,995,000	1,386,000	3,382,000	3,382,000	3,382,000	20,647,000	-7,779,000	-2,808,000	-3,140,000	10,868,000	-791,000	-792,000	-793,000	1,766,000	1,765,000	1,765,000	1,765,000	1,390,000	1,391,000	1,390,000	1,391,000	47,000	-1,527,000	-580,000	-581,000
deferred income taxes	8,650,000	-5,471,000	3,259,000	2,276,000	-4,889,000	6,499,000	10,151,000	4,768,000	13,970,000	11,052,000	14,551,000	15,289,000	15,521,000	18,410,000	24,038,000	12,575,000	764,000	11,131,000	-1,350,000	7,947,000	-3,558,000	6,015,000	3,316,000	4,705,000	3,014,000	5,497,000	5,422,000	5,053,000	-46,757,000	4,532,000	5,305,000	6,149,000	1,750,000	1,088,000	7,138,000	3,831,000	7,703,000	4,048,000	6,500,000	5,440,000	2,759,000	5,951,000	5,351,000	3,696,000	5,036,000	4,625,000	4,106,000	5,005,000	6,067,000	6,960,000	6,817,000	3,905,000	10,332,000	-1,729,000	7,175,000	1,348,000	5,956,000	5,224,000	5,446,000	4,194,000	9,325,000	1,095,000	4,420,000	4,903,000	6,298,000	982,000	220,000	2,290,000	5,983,000	2,231,000	2,760,000	2,615,000													0
amortization of stock-based compensation	2,222,000	2,968,000	1,936,000	2,600,000	2,047,000	2,503,000	2,561,000	1,405,000	2,193,000	2,295,000	2,200,000	1,654,000	1,862,000	2,045,000	1,729,000	1,750,000	1,691,000	1,835,000	2,130,000	1,821,000	1,721,000	1,887,000	1,920,000	1,474,000	1,479,000	1,264,000	1,290,000	1,014,000	984,000	938,000	926,000	784,000	917,000	673,000	921,000	654,000	486,000	323,000	890,000	755,000	816,000	822,000	716,000	570,000	609,000	848,000	649,000	626,000	563,000	852,000	1,061,000	755,000	712,000	864,000	802,000	499,000	490,000	599,000	548,000	83,000	303,000	303,000	391,000	319,000
income from non-consolidated affiliates	-31,000	869,000	1,254,000	79,000	342,000	1,885,000	2,107,000	406,000	2,030,000	954,000	3,220,000	1,403,000	1,213,000	1,146,000	-965,000	1,183,000	1,825,000	2,485,000	6,513,000	2,764,000	4,987,000	2,644,000
net gain on financial instruments	-2,662,000	5,167,000														-9,472,000				-107,044,000
debt issuance costs													0	0
changes in assets and liabilities:
accounts receivable	-25,127,000	22,755,000	16,250,000	-5,704,000	5,742,000	-9,154,000	8,097,000	74,500,000	-51,074,000	9,712,000	-43,596,000	-11,265,000	-13,653,000	-15,547,000	-21,084,000	-1,604,000	-3,707,000	16,743,000	446,000	-4,123,000	-28,393,000	-7,393,000	5,481,000	15,754,000	7,221,000	7,153,000	439,000	10,567,000	-43,083,000	9,865,000	8,392,000	-6,487,000	-12,347,000	-3,626,000	6,157,000	219,000	-18,610,000	-2,777,000	7,878,000	-901,000	-6,369,000	20,570,000	-6,269,000	1,650,000	-7,177,000	-1,840,000	-697,000	4,720,000	-6,946,000	-1,175,000	-4,205,000	7,998,000	2,821,000	6,704,000	-7,498,000	-47,000	1,449,000	-533,000	6,034,000	34,579,000	8,273,000	-14,365,000	3,303,000	7,225,000	-58,524,000	7,995,000	-10,371,000	28,382,000	-22,306,000	-6,426,000	4,517,000	-6,695,000	-4,204,000	-761,000	3,711,000	6,665,000	4,329,000	4,550,000	26,577,000	3,445,000	-49,223,000	1,575,000	-1,908,000	361,000	-3,095,000
inventory and prepaid supplies	-16,774,000	-4,427,000	-12,786,000	924,000	1,143,000	9,802,000	2,413,000	-1,361,000	-9,781,000	-3,561,000	-4,476,000	-1,163,000	-7,684,000	-546,000	4,356,000	751,000	-18,898,000	-1,935,000	-2,449,000	-4,543,000	-6,507,000	4,256,000	199,000	-4,441,000	-3,750,000	-2,956,000	-1,438,000	4,871,000	-1,446,000	-839,000	2,591,000	-4,413,000	-1,066,000	-2,643,000	-2,901,000	1,341,000	-4,985,000	7,000	-1,496,000	2,578,000	986,000	-1,437,000	1,332,000	-5,045,000	1,616,000	-4,205,000	426,000	1,263,000	750,000	-3,010,000	-66,000	567,000	1,374,000	-528,000	-508,000	-351,000	-3,523,000	-1,827,000	-939,000	36,000	2,710,000	-122,000	277,000	5,376,000	4,896,000	3,185,000	-4,622,000	6,124,000	-2,359,000	-1,211,000	-99,000	674,000	61,000	-2,608,000	1,512,000	-1,601,000	-155,000	-1,644,000	489,000	-2,619,000	598,000	-1,503,000	-459,000	465,000	2,140,000
accounts payable	18,284,000	-15,862,000	14,736,000	1,226,000	7,270,000	-4,953,000	42,513,000	13,321,000	1,184,000	-8,348,000	18,248,000	-5,037,000	12,127,000	-8,437,000	8,384,000	18,314,000	-7,882,000	3,838,000	3,459,000	6,169,000	5,750,000	1,489,000	-6,105,000	2,206,000	9,627,000	3,164,000	-1,459,000	-608,000	11,802,000	-2,546,000	7,312,000	6,932,000	4,877,000	3,278,000	-557,000	-1,995,000	607,000	1,079,000	1,939,000	799,000	4,341,000	-4,168,000	2,651,000	-3,627,000	2,169,000	2,086,000	-377,000	-1,866,000	-877,000	5,814,000	-6,857,000	-3,768,000	-851,000	-9,986,000	700,000	8,422,000	3,040,000	4,540,000	-3,471,000	-1,380,000	5,625,000	2,379,000	-13,734,000	7,601,000	-28,763,000	9,875,000	-3,498,000	-7,502,000	482,000	7,366,000	30,251,000	-33,006,000	-10,130,000	-7,527,000	-4,037,000	-24,590,000	3,894,000	10,506,000	-10,570,000	1,041,000	17,264,000	-3,013,000	-4,241,000	9,270,000	-523,000
unearned revenue	-6,462,000	-370,000	6,819,000	518,000	3,309,000	-10,998,000	4,962,000	13,361,000	-15,745,000	-1,025,000	-9,659,000	-1,000	4,534,000	-26,201,000	18,343,000	-3,687,000				3,604,000	-1,384,000	1,934,000	-2,184,000	3,080,000	-2,412,000	92,000	2,248,000	-3,752,000	-14,326,000	5,188,000	-2,958,000	4,765,000	-333,000	258,000	-422,000	-2,719,000	-2,647,000	-823,000	3,588,000	-1,234,000	2,831,000	651,000	-963,000	-1,371,000	-529,000	-2,597,000	-1,818,000	-1,261,000	-3,348,000	-2,418,000	-3,018,000	9,438,000	1,708,000	-2,050,000	103,000	9,576,000	-5,177,000	-3,719,000	4,811,000	10,874,000	-1,911,000	-2,135,000	-5,904,000	-705,000	-6,952,000	-8,243,000	-833,000	9,013,000	16,555,000	-5,860,000	1,387,000	5,205,000	-7,292,000	4,546,000	-1,837,000	4,265,000	-3,626,000	-3,462,000	615,000	3,307,000	-2,773,000	-1,927,000	734,000	-770,000	-2,588,000
accrued expenses, salaries, wages, benefits and other liabilities	22,426,000	26,298,000	2,802,000	23,311,000	-1,711,000	14,495,000	-10,523,000	-4,643,000	1,966,000	2,350,000	14,221,000	-3,782,000	2,878,000	875,000	18,002,000	-11,696,000	3,397,000	3,481,000	5,638,000	-17,742,000	8,261,000	3,255,000	11,141,000	-9,267,000	8,223,000	-1,212,000	6,673,000	-10,079,000	8,137,000	-564,000	3,118,000	-9,911,000	1,411,000	4,905,000	282,000	-920,000	9,902,000	4,436,000	-3,165,000	-2,798,000	-2,950,000	3,198,000	-113,000	209,000	-1,632,000	4,484,000	-2,470,000	-494,000	1,087,000	4,529,000	-232,000	-486,000	-7,017,000	-1,105,000	2,566,000	-2,653,000
pension and post-retirement balances	-1,290,000	-1,877,000	-1,881,000	-2,437,000	22,780,000	-1,945,000	-1,911,000	-2,452,000	-5,521,000	-6,039,000	-6,116,000	-6,582,000	-6,141,000	-6,686,000	-6,645,000	-7,412,000
other	4,749,000	-2,198,000	-2,065,000	-173,000	4,641,000	-1,726,000	3,080,000	-489,000	242,000	-376,000	-1,032,000	-517,000	-2,766,000	-2,857,000	168,000	-75,000	-46,000	-359,000	-3,817,000	186,000	-679,000	854,000	-2,193,000	4,474,000	-2,006,000	4,154,000	1,876,000	2,335,000	4,961,000	-3,235,000	1,708,000	283,000	-59,000	-348,000	586,000	1,432,000	-627,000	-29,000	272,000	-456,000	-1,021,000	411,000	-1,154,000	-887,000	-39,000	-1,110,000	-1,251,000	-1,078,000	-2,926,000	-1,763,000	-493,000	150,000	-3,588,000	67,000	770,000	308,000	173,000	14,000	795,000	618,000	333,000	539,000	2,713,000	602,000	459,000	30,000	-731,000	-88,000	-1,653,000	-125,000	-102,000	2,000	-1,937,000	-407,000	358,000	495,000	202,000	451,000					44,000	564,000
net cash from operating activities	133,739,000	135,555,000	137,101,000	126,420,000	127,988,000	117,517,000	192,198,000	216,378,000	74,050,000	147,861,000	124,541,000	125,668,000	154,319,000	122,047,000	182,744,000	124,447,000	89,018,000	174,288,000	149,962,000	99,034,000	89,800,000	97,695,000	102,041,000	107,402,000	97,212,000	58,830,000	73,141,000	68,842,000	43,719,000	66,495,000	80,568,000	44,210,000	49,495,000	46,304,000	52,984,000	44,309,000	39,679,000	37,434,000	57,248,000	39,338,000	41,304,000	52,047,000	33,632,000	21,802,000	32,898,000	13,482,000	17,381,000	30,650,000	23,669,000	22,350,000	21,609,000	43,005,000	29,230,000	28,335,000	32,625,000	45,916,000	30,599,000	22,184,000	6,036,000	53,444,000	53,457,000	5,836,000	17,908,000	25,783,000	47,348,000	41,295,000	11,210,000	61,798,000	43,135,000	3,900,000			27,694,000	-9,280,000	28,929,000	7,075,000	42,432,000	12,639,000	32,716,000	31,324,000	-6,025,000	27,332,000	3,061,000	32,806,000	12,980,000
investing activities:
expenditures for property and equipment	-110,003,000	-48,185,000	-70,497,000	-102,321,000	-212,107,000	-168,415,000	-194,124,000	-218,801,000	-151,073,000	-154,148,000	-185,958,000	-108,252,000	-76,622,000	-127,877,000	-174,808,000	-125,441,000	-116,122,000	-128,413,000	-122,387,000	-143,495,000	-116,558,000	-120,175,000	-124,913,000	-91,856,000
proceeds from property and equipment	11,563,000	9,069,000	25,219,000	895,000	18,602,000	71,000	585,000	9,860,000	12,154,000	3,605,000	78,000	76,000	15,903,000	2,800,000	680,000	44,000	15,373,000	130,000	9,048,000	32,000	-283,000	11,009,000			97,000	21,000	689,000	16,763,000	372,000				12,373,000				5,471,000	340,000	850,000	180,000	1,692,000	506,000	1,214,000	190,000	184,000	27,000	1,152,000	158,000	2,288,000	1,002,000	697,000	1,785,000
acquisitions and investments in businesses	-600,000	-10,045,000	0	-9,800,000	0	-800,000	0	-800,000																		-3,135,000	-2,700,000	-2,450,000	-4,892,000	-6,254,000	-6,000	-640,000
net cash (used in) investing activities	-99,040,000	-49,161,000	-45,278,000	-111,226,000	-193,505,000	-169,144,000	-193,539,000	-209,741,000	-139,231,000	-150,231,000	-202,425,000	-108,176,000									-119,439,000	-112,499,000	-127,420,000	-107,700,000	-937,066,000	-66,323,000	-73,735,000	-64,779,000	-82,700,000	-80,679,000	-55,295,000	-79,701,000	-87,393,000	-57,023,000	-53,403,000	-71,673,000	-42,270,000	-34,325,000	-32,018,000	-43,260,000	-19,626,000	-66,852,000	-17,932,000	-19,172,000	-8,959,000	-23,898,000	-12,320,000	-59,211,000	-44,616,000	-37,874,000	-22,007,000	-44,974,000	-39,820,000	-59,615,000				-32,015,000	-8,365,000	-18,864,000		-18,308,000
financing activities:
principal payments on long term obligations	-169,324,000	-155,219,000	-331,218,000	-140,105,000			-65,103,000	-25,214,000	-20,103,000	-50,215,000	-205,210,000	-90,100,000	-142,293,000	-32,099,000	-1,601,854,000	-124,065,000	-104,457,000	-41,683,000	-44,176,000	-499,064,000	-594,000	-22,968,000	-7,969,000	-7,969,000	-18,751,000	-10,749,000	-11,750,000	-17,390,000	-4,315,000	-229,631,000	-10,163,000	-10,337,000	-20,446,000	-11,000,000	-6,434,000	-6,189,000	-16,147,000	-6,106,000	-21,065,000	-26,026,000	-25,987,000	-8,949,000	-20,911,000	-23,374,000	-5,838,000	-15,303,000	-19,767,000	-12,858,000	-16,824,000	-3,790,000	-3,758,000	-1,851,000
proceeds from revolving credit facilities	155,000,000	85,000,000	245,000,000	95,000,000	115,000,000	80,000,000	35,000,000	105,000,000	115,000,000	60,000,000	410,000,000	40,000,000	70,000,000	0
payments for financing costs					0	-10,268,000	-27,000	-484,000					0	-293,000	-2,655,000	-151,000	0	0	-26,000	-7,481,000	0	0			-9,539,000	0	-397,000	-17,000	-1,418,000
proceeds from convertible note issuance					0
repurchase of convertible notes					0
repurchase of senior unsecured notes									0	0
purchase of common stock					0	-118,475,000	-14,956,000	-21,918,000																	0	0	-3,017,000	-564,000	0	0	-9,721,000	-1,463,000	-1,415,000	-51,337,000	-7,739,000	-3,079,000	-3,426,000	-4,324,000
withholding taxes paid for conversion of employee stock awards	-4,672,000	-16,000	-72,000	-463,000	-1,408,000	0	-25,000	-1,553,000	-1,397,000	-80,000	-89,000	-1,350,000	-1,619,000	-6,000	-39,000	-1,197,000	-891,000	0	-724,000	-1,115,000	-917,000	-25,000	-112,000	-1,384,000	-996,000	0	-10,000	-1,319,000	-1,478,000	0	0	-1,436,000	-1,069,000	0	0	-1,231,000
other financing related proceeds					0
net cash from financing activities	-18,996,000	-70,235,000	-86,290,000	-45,568,000	68,487,000	59,062,000	-45,111,000	55,831,000	37,829,000	9,705,000	89,497,000	-51,450,000	-73,912,000	-32,398,000	25,419,000	14,587,000	-5,348,000	-41,683,000	-44,926,000	72,340,000	29,007,000	6,853,000	30,756,000	-9,617,000	855,714,000	19,251,000	-15,174,000	10,710,000	17,789,000	5,055,000	10,116,000	46,764,000	7,070,000	32,663,000	-14,173,000	49,501,000					-24,560,000	24,484,000	-19,039,000	-7,227,000	-9,104,000	6,348,000	-19,271,000	48,261,000	8,176,000	-3,790,000	-3,758,000	23,149,000	12,314,000	22,164,000	22,875,000	-9,313,000									-7,388,000	-34,770,000	-5,674,000	-31,994,000	313,252,000	14,069,000			14,286,000	15,223,000	-1,406,000	-2,109,000	-2,047,000	-2,009,000	-2,076,000	-1,924,000	-1,892,000	-1,842,000	-1,979,000	-2,145,000	-128,000
net increase in cash and cash equivalents	15,703,000	16,159,000	5,533,000	-30,374,000	2,970,000	7,435,000	-46,452,000	62,468,000	-27,352,000	7,335,000	11,613,000	-33,958,000	19,688,000	-35,101,000	33,250,000	11,940,000	-21,359,000	825,000	-10,810,000	24,862,000				-9,915,000	15,860,000	11,758,000	-15,768,000	14,773,000	-21,192,000	-9,129,000	35,389,000	11,273,000		21,944,000	-14,592,000	22,137,000	2,836,000				-2,882,000	9,679,000	-3,339,000	-4,597,000	14,835,000	-4,068,000	-14,210,000	19,700,000			-4,156,000	21,180,000				-7,891,000				25,456,000			-11,936,000	7,886,000				37,237,000
cash and cash equivalents at beginning of year	0	0	0	53,555,000	0	0	0	27,134,000	0	0	0	69,496,000	0	0	0	39,719,000	0	0	0	46,201,000				59,322,000	0	0	0	32,699,000	0	0	0	16,358,000	0	0	0	17,697,000	0	0	0	30,560,000	0	0	0	31,699,000	0	0	0	15,442,000	0	0	0	30,503,000	0	0	0	46,543,000
cash and cash equivalents at end of year				23,181,000	2,970,000	7,435,000	-46,452,000	89,602,000	-27,352,000	7,335,000	11,613,000	35,538,000					-21,359,000	825,000	-10,810,000	71,063,000
supplemental cash flow information:
interest paid, net of amount capitalized	9,051,000	31,020,000	10,604,000	31,622,000	9,329,000	22,306,000	8,586,000	11,652,000	7,483,000	17,513,000	3,670,000	18,528,000	4,592,000	18,992,000	3,530,000	16,582,000	5,283,000	19,281,000	7,915,000	8,864,000	12,147,000	15,061,000	13,413,000	16,925,000	8,191,000	2,637,000	4,037,000	2,413,000	2,464,000	4,128,000	3,695,000	3,406,000	2,945,000	2,689,000	2,517,000	2,587,000	2,529,000	2,573,000	2,694,000	2,952,000	3,310,000	3,148,000	3,502,000	3,616,000	3,776,000	3,559,000	3,678,000	2,739,000	3,955,000	2,983,000	3,454,000	2,803,000	3,515,000	2,790,000	3,438,000	3,242,000	4,065,000	3,440,000	5,238,000	3,913,000	5,697,000	4,887,000	7,734,000	5,775,000	9,757,000	6,648,000	9,187,000	8,686,000	4,735,000	2,444,000	4,411,000	1,471,000	2,856,000	2,714,000	3,764,000	1,570,000	3,798,000	1,309,000	3,992,000	1,152,000	4,415,000	979,000	2,818,000	1,228,000
federal and state income taxes paid	626,000	740,000	5,530,000	28,000	292,000	30,000	6,453,000	60,000	4,470,000	1,228,000			1,572,000	632,000	1,104,000	123,000	381,000
restricted balance of cash	201,000	-7,003,000	1,498,000	11,459,000
supplemental non-cash information:
accrued expenditures for property and equipment	-29,992,000	9,123,000	-9,769,000	62,653,000	-43,163,000	7,454,000	9,074,000	68,338,000	5,348,000	-143,000	-10,232,000	61,460,000	16,121,000	-12,785,000	15,890,000	24,253,000	12,048,000	-18,339,000	16,257,000	27,914,000	2,868,000	8,927,000	10,789,000	15,812,000
cash and cash equivalents at end of period		16,159,000												-35,101,000	33,250,000	51,659,000								49,407,000	15,860,000	11,758,000	-15,768,000	47,472,000	-21,192,000	-9,129,000	35,389,000	27,631,000	-30,828,000	21,944,000	-14,592,000	39,834,000	2,836,000	-7,321,000	1,570,000	20,612,000	-2,882,000	9,679,000	-3,339,000	27,102,000	14,835,000	-4,068,000	-14,210,000	35,142,000	-12,771,000	-19,314,000	-4,156,000	51,683,000	1,724,000	-9,116,000	-757,000	38,652,000		-19,195,000	-45,025,000	108,685,000		-22,365,000	-11,936,000	124,000,000		-23,436,000	-13,838,000	96,508,000		-5,044,000	1,302,000	37,382,000		-17,112,000	-3,128,000	61,362,000		-37,704,000
net (gain) loss on financial instruments				-2,355,000		-1,778,000	-1,818,000	1,740,000	380,000	-695,000	-6,011,000	-2,696,000	7,818,000	7,378,000							72,868,000	-91,952,000	35,886,000	-4,500,000	21,411,000	-17,895,000	-11,697,000	885,000			67,649,000	-1,869,000
proceeds from bond issuance													0	0			0	0	0	500,000,000
proceeds from issuance of warrants																													0
principal payments on secured debt
impairment of aircraft and related assets
acquisitions and investments in businesses, net of cash acquired																-1,697,000	-4,280,000	-3,497,000	-2,507,000	-3,049,000	-2,598,000	-3,333,000	-2,585,000	-15,844,000
investments in businesses										312,000				327,000
net cash from investing activities														-124,750,000	-174,913,000	-127,094,000		-131,780,000	-115,846,000	-146,512,000																																				-44,494,000								-6,357,000	16,920,000	-29,961,000	-19,374,000	7,433,000	-330,756,000	-23,013,000	-83,356,000	-18,741,000	-19,883,000	-23,055,000	-30,651,000	-13,077,000	-15,307,000	-48,334,000	-1,522,000	-15,168,000	-15,108,000	-21,027,000	-8,060,000	-29,473,000	-6,458,000
proceeds from exercise of warrants														0
proceeds from borrowings																140,000,000	100,000,000	0	0	80,000,000	30,018,000	30,000,000			885,000,000	30,000,000	0	30,000,000	25,000,000	0	30,000,000	60,000,000	30,000,000	95,000,000	0	60,000,000	25,000,000	0	0	20,000,000	0	30,000,000	0	15,000,000					25,000,000	0	0	25,000,000	25,000,000	25,000,000														20,000,000						17,501,000
accrued consideration for acquisition
impairment of aircraft																		0																																			0
unearned revenue and grants																		22,974,000
pension and post-retirement assets																		-10,871,000	-4,566,000	-5,483,000	-1,713,000	-5,672,000	-2,495,000	-2,252,000	-3,293,000	-23,677,000	-3,739,000	-4,584,000	-2,425,000	-4,811,000	-2,808,000	-3,039,000	-1,268,000	-6,670,000	-1,685,000	-2,196,000					-2,817,000	-7,185,000	-2,197,000	-2,463,000
other financing payments																						-154,000	-82,000	-264,000
net income on financial instruments																																		8,473,000	-5,558,000	528,000
federal alternative minimum and state income taxes paid																			602,000	48,000					1,000	406,000	280,000	526,000	653,000	65,000	1,107,000	113,000	162,000	297,000			-1,000	370,000	229,000	272,000	39,000	0	510,000	55,000	299,000	348,000	566,000	100,000	105,000	1,000	70,000	201,000	100,000	-20,000	46,000	2,322,000
redemption of long term deposits																													0	0	5,250,000	4,725,000
proceeds from convertible notes																													0
purchase convertible note hedges																													0
cash, cash equivalents and restricted cash:
increase																						-7,951,000
beginning of year																						0
end of period																						-7,951,000
income taxes paid																						0																																				42,000	208,000	117,000		163,000	1,829,000	93,000
capital expenditures																										-63,209,000	-71,724,000	-79,092,000	-78,180,000	-74,434,000	-60,539,000	-83,786,000	-82,371,000	-57,030,000	-53,403,000	-71,673,000	-47,741,000	-34,665,000	-32,868,000	-43,440,000	-21,318,000	-67,358,000	-19,146,000	-4,362,000	-15,946,000	-23,925,000	-13,472,000	-59,369,000	-46,904,000	-38,876,000	-22,704,000	-46,759,000	-50,526,000	-59,833,000	-58,230,000	-44,494,000	-19,940,000	-32,397,000	-39,136,000	-19,208,000	-51,319,000	-18,544,000	-21,329,000	-10,035,000	-15,254,000	-42,664,000	-19,114,000	-34,845,000	-41,794,000	-26,340,000	-77,294,000	-14,738,000	-21,897,000	-23,735,000	-30,419,000	-12,952,000	-13,467,000	-30,528,000	-1,522,000	-15,168,000
free cash flows																										-4,379,000	1,417,000	-10,250,000	-34,461,000	-7,939,000	20,029,000	-39,576,000	-32,876,000	-10,726,000	-419,000	-27,364,000	-8,062,000	2,769,000	24,380,000	-4,102,000	19,986,000	-15,311,000	14,486,000	17,440,000	16,952,000	-10,443,000	3,909,000	-28,719,000	-23,235,000	-16,526,000	-1,095,000	-3,754,000	-21,296,000	-31,498,000	-25,605,000	1,422,000	10,659,000	-10,213,000	-33,100,000	34,236,000	2,138,000	-12,708,000	-3,421,000	15,748,000	32,094,000	-1,369,000	-7,904,000	26,953,000	1,341,000	-22,440,000			5,797,000	-33,015,000	-1,490,000	-5,877,000	28,965,000	-17,889,000	31,194,000	16,156,000
accrued capital expenditures																										5,020,000	-5,874,000	24,629,000	12,581,000	-54,000	-5,636,000	18,251,000	-10,603,000	13,798,000	-1,161,000	7,084,000	-6,208,000	9,623,000	631,000	2,987,000	7,187,000	-723,000	959,000	225,000	-339,000	-8,553,000	4,080,000	5,867,000	-10,620,000	5,039,000	343,000	10,008,000	-1,487,000	-1,170,000	7,421,000	6,157,000	189,000	877,000	-5,889,000	6,227,000
amortization of dhl promissory note																																					0	0	0	-1,550,000	-1,550,000	-1,550,000	-1,550,000	-1,550,000	-1,550,000	-1,550,000	-1,550,000	-1,550,000	-1,550,000	-1,550,000	-1,550,000	-1,550,000	-1,550,000	-1,550,000	-1,550,000	-1,550,000	-1,550,000
funding for hangar construction
net (decrease) in cash and cash equivalents																																							1,570,000	-9,948,000													1,724,000	-9,116,000
debt extinguished																																					0	0	0	1,550,000	1,550,000	1,550,000	1,550,000	1,550,000	1,550,000	1,550,000	1,550,000	1,550,000	1,550,000	1,550,000	1,550,000	1,550,000	1,550,000	1,550,000	1,550,000	1,550,000
depreciation and amortizations
impairment of goodwill and acquired intangibles																																																					0
net gain on derivative instruments																																					-573,000	-96,000	-264,000	13,000	-127,000	-639,000	-31,000	-299,000		317,000	-452,000	-290,000
investment in nonconsolidated affiliate																																									0	0	0	-15,000,000
other proceeds
reclassification of pension and post-retirement balance																																						1,730,000	1,730,000	1,730,000
net cash (used in) financing activities																																						-10,430,000	-23,660,000	-6,026,000																		-9,364,000	-42,696,000	-9,124,000		-9,893,000	-11,671,000	-11,540,000
net income from discontinued operations																																							214,000	214,000				211,000	-1,000	0	-1,000	-1,000	-198,000	-186,000	-160,000	-230,000	-599,000
reimbursement of hanger construction costs																																										3,433,000	1,872,000	1,147,000
net (gain) loss on derivative instruments																																																	-923,000	-294,000	-202,000	-460,000
write-off of unamortized debt issuance costs																																																					0	0	16,000	2,870,000
proceeds from the redemption of interest-bearing investments																																																					0	0
reimbursement of hangar construction costs																																													3,537,000	1,651,000	496,000	1,119,000
financing fees																																																					0	0																	-12,000	-7,000				-23,000		0				0	-150,000	-375,000
pension and post-retirement liabilities																																														-20,532,000	-9,629,000	-5,610,000	-3,237,000	-19,413,000	-3,609,000	-1,667,000	-9,331,000	-7,656,000	-5,180,000	-992,000
proceeds from bank borrowings																																														20,000,000	0	60,000,000
net decrease in cash and cash equivalents																																																										-19,195,000
net income on derivative instruments																																																					-556,000	1,881,000
proceeds from the redemption of marketable securities
proceeds from the disposal of property and equipment																																																						218,000
principal payments on long-term obligations																																																						-2,836,000	-189,589,000	-9,313,000													-3,688,000	-3,393,000	-3,128,000	-2,762,000	-2,459,000	-2,278,000	-2,136,000	-2,086,000	-2,047,000	-2,009,000	-1,973,000	-1,924,000	-1,892,000	-1,842,000	-1,829,000	-1,770,000	-1,474,000
(gains)/losses on asset disposition
unrealized loss on derivative instruments																																																								3,932,000
gains on asset disposition, net of impairments																																																									-14,000	0	-6,000	-2,000	181,000	22,000	-1,397,000	-702,000
proceeds from the redemptions of marketable securities
acquisition payments
pension and post-retirement amortization																																																										-641,000	-640,000	137,000		7,615,000	8,518,000	8,517,000		1,746,000	1,745,000	1,746,000		2,853,000	2,854,000	2,854,000
accrued expenses, salaries, wages and benefits and other liabilities																																																										-8,337,000	-10,107,000	-22,451,000		-788,000	-8,176,000	-35,636,000		3,552,000	2,392,000	-12,120,000		-6,620,000	8,937,000	-11,348,000		-9,270,000	4,288,000	-5,467,000		-5,993,000	-5,918,000	3,802,000	1,833,000	6,376,000	-5,629,000	7,798,000	-2,806,000
post-retirement liabilities																																																										-5,502,000	-26,319,000	-1,199,000		-12,546,000	-1,763,000	-4,537,000		-8,994,000	-1,129,000	9,646,000	2,129,000	-5,259,000	1,286,000	1,070,000	6,398,000	-12,656,000	6,569,000	8,212,000
proceeds from the sale of property and equipment																																																										382,000	30,771,000	344,000		236,000	3,156,000	3,652,000		4,103,000	6,139,000	330,000	2,284,000	433,000	398,000	140,000	2,862,000
proceeds from redemptions of marketable securities																																																														0	0	26,000		1,110,000	2,601,000	45,788,000		6,557,000	3,410,000	4,295,000	3,600,000
principal payments on borrowings																																																										-9,364,000	-42,696,000	-9,124,000		-9,893,000	-11,671,000	-11,540,000				-51,994,000
cash and cash equivalents at beginning of period																																																										0	0	83,229,000		0	0	116,114,000		0	0	59,271,000		0	0	63,219,000		0	0	69,473,000		0
extinguishment of dhl note
capital contribution through debt extinguishment																																																																29,477,000
changes in assets and liabilities, net of assets aquired:
acquisition of chi, net of cash acquired
purchases of marketable securities																																																																					0	-1,955,000	-4,598,000	-3,693,000	-4,448,000	-4,604,000	-6,782,000	-2,075,000	-3,056,000
long-term deposits
issuance of common shares
acquisition of chi																																																																		0	0	-3,840,000
accrued aircraft modification expenditures																																																														-179,000	-5,496,000	7,700,000	1,522,000	-5,624,000	-216,000	6,382,000	-7,160,000	32,000	-4,597,000	20,289,000	21,170,000	2,151,000	184,000	10,024,000
net earnings																																																															8,107,000	11,097,000	-64,216,000	4,965,000	-526,000	3,787,000	8,371,000	2,404,000	4,545,000	4,267,000	68,928,000	6,574,000	6,459,000	8,093,000	9,083,000	7,391,000	6,755,000	7,083,000	18,068,000	7,099,000	5,826,000	5,980,000	7,613,000
changes in assets and liabilities, net of assets acquired:
capital leases
stock-based compensation																																																																		608,000	865,000	337,000	341,000	699,000	749,000	592,000	450,000
impairment
restricted deposits of interest-bearing funds																																																																						-1,708,000	-5,272,000	-4,745,000
payments on long-term obligations
proceeds from borrowings on long-term obligations																																																																		18,500,000				17,500,000	17,500,000	17,500,000
net decrease in cash																																																																		-23,436,000				-5,044,000	1,302,000	-25,837,000
long-term deposit
net cash provided (used) by operating activities																																																																								-21,827,000
net cash provided (used) in financing activities																																																																								14,731,000
income tax benefit
restricted cash																																																																																	0	10,652,000	-4,539,000	-3,473,000
net increase in cash																																																																									22,097,000	-17,112,000	-3,128,000	-8,111,000	25,078,000	-37,704,000	29,118,000	14,232,000	-23,025,000			1,188,000	6,394,000
other assets																																																																										-361,000
proceeds from sales of marketable securities																																																																											6,550,000	1,950,000
impairment charge																																																																																					0
postretirement liabilities																																																																													4,981,000	-9,627,000	4,395,000	5,545,000	-1,265,000	-914,000	3,971,000	3,515,000	5,055,000
sales of aircraft and equipment
line of credit and financing fees
proceeds from promissory note																																																																																					0
distribution of promissory note proceeds to airborne, inc.																																																																																					0
advances from airborne, inc.
proceeds from maturities of marketable securities
change in other assets																																																																																88,000
cash at beginning of period																																																																																38,749,000		0	0	63,101,000
cash at end of period																																																																																52,981,000		4,463,000	-6,978,000	64,289,000
asset
net asset																																																																																36,541,000
line of credit cost
additions to property and equipment																																																																																		-21,027,000	-8,060,000	-29,473,000	-5,488,000
net income applicable to common stockholders																																																																																		1,273,000	-154,000	5,980,000
weighted-average shares outstanding for basic and diluted earnings per share
basic and diluted earnings per share
weight-average shares outstanding for basic earnings per share																																																																																			0	58,270,000
common equivalent shares:
assumed conversion of airborne’s 5.75% convertible senior notes
weighted-average shares outstanding assuming dilution																																																																																			0	58,270,000
basic earnings per share																																																																																			0	100
diluted earnings per share																																																																																			0	100
taxes paid
proceeds from issuance of aircraft loan
proceeds from sale-leaseback of aircraft
cash at beginning of year
cash at end of year
balance at december 31, 2000
comprehensive income:
other comprehensive income, net of tax:
unrealized interest rate swap gain
minimum pension liabilities
total comprehensive income
balance at december 31, 2001
unrealized interest rate swap loss
balance at december 31, 2002
separation from airborne, inc.:
dividend of certain assets and liabilities to airborne, inc.
cancellation of advances payable to airborne, inc.
issuance of shares to note holders of airborne’s convertible senior notes
comprehensive loss:
net income
total comprehensive loss
balance at december 31, 2003
change in assets and liabilities:
advances from airborne,inc.
december 31, 2002
stock split and issuance of shares to former airborne shareholders
other comprehensive income, net of tax
september 30, 2003

We provide you with 20 years of cash flow statements for Air Transport Services Group stock, allowing you to gain comprehensive visibility into the fundamentals of the company. Our detailed breakdowns include key financial metrics such as operating cash flows, cash levels, capital expenditures, profits, stock-based compensations and profit margins. This in-depth information is essential for making informed investment decisions and understanding the financial health and performance of Air Transport Services Group stock. Explore the full financial landscape of Air Transport Services Group stock with our expertly curated income statements.

The information provided in this report about Air Transport Services Group stock is taken from www.sec.gov and many other data providers. While we have conducted our best efforts to ensure that the parsed data is accurate, we cannot guarantee its accuracy. Please use caution and understand that any consequences of its use are your own responsibility.