Radiant Logistics, Inc(NYSE MKT:RLGT)
Radiant Logistics, Inc. provides multi-modal transportation and logistics services primarily in the United States and Canada. The company offers domestic and international air and ocean freight forwarding services; and freight brokerage services, including truckload, less than truckload, and intermo...
Website: http://radiantdelivers.com
Full Time Employees: 579
Sector: Industrials
Industry: Integrated Freight & Logistics
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At a glance:
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Quarterly
Annual
| Unit: USD | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 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 | 2019-06-30 | 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 | 2012-03-31 | 2007-03-31 | 2006-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
revenues | 214,135,000 | 232,130,000 | 226,655,000 | 220,580,000 | 214,007,000 | 264,544,000 | 203,565,000 | 206,032,000 | 184,559,000 | 201,082,000 | 210,797,000 | 232,225,000 | 244,171,000 | 278,119,000 | 330,971,000 | 379,636,000 | 460,899,000 | 332,768,000 | 286,115,000 | 257,910,000 | 236,532,000 | 218,805,000 | 175,877,000 | 275,506,000 | 177,221,000 | 204,649,000 | 206,048,000 | 260,938,000 | 218,883,000 | 233,805,000 | 203,921,000 | 206,714,000 | 197,977,000 | 201,828,000 | 181,771,000 | 198,881,000 | 195,133,000 | 183,615,877 | 173,275,508 | 206,951,043 | 218,652,572 | 196,233,799 | 102,251,690 | 105,948,104 | 98,231,388 | 102,254,964 | 86,032,714 | ||||||||
operating expenses: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
cost of transportation and other services | 157,819,000 | 168,669,000 | 167,202,000 | 160,195,000 | 155,832,000 | 201,239,000 | 146,011,000 | 145,452,000 | 131,438,000 | 139,085,000 | 149,973,000 | 165,910,000 | 177,154,000 | 204,091,000 | 254,491,000 | 294,687,000 | 376,036,000 | 261,179,000 | 221,233,000 | 195,151,000 | 179,732,000 | 163,504,000 | 129,911,000 | 225,405,000 | 129,440,000 | 146,123,000 | 153,302,000 | 196,977,000 | 164,015,000 | ||||||||||||||||||||||||||
operating partner commissions | 19,136,000 | 20,307,000 | 19,996,000 | 21,145,000 | 19,256,000 | 19,291,000 | 18,801,000 | 22,990,000 | 20,077,000 | 25,818,000 | 23,782,000 | 28,489,000 | 26,499,000 | 30,512,000 | 30,106,000 | 31,112,000 | 31,311,000 | 31,049,000 | 28,465,000 | 27,654,000 | 23,761,000 | 24,036,000 | 18,589,000 | 15,922,000 | 20,352,000 | 26,244,000 | 23,125,000 | 28,355,000 | 24,828,000 | 27,430,000 | 22,194,000 | 19,528,000 | 19,692,000 | 22,478,000 | 21,421,000 | 22,957,000 | 23,351,000 | 21,531,099 | 18,954,943 | 21,691,079 | 22,297,879 | 17,537,350 | 13,941,213 | 14,897,910 | 13,979,351 | ||||||||||
personnel costs | 21,469,000 | 22,589,000 | 21,571,000 | 21,882,000 | 20,450,000 | 19,554,000 | 19,623,000 | 19,409,000 | 19,416,000 | 19,760,000 | 19,627,000 | 19,283,000 | 19,817,000 | 20,641,000 | 19,771,000 | 20,031,000 | 19,907,000 | 16,688,000 | 15,616,000 | 14,637,000 | 14,229,000 | 13,735,000 | 12,777,000 | 13,192,000 | 14,412,000 | 15,119,000 | 14,806,000 | 15,906,000 | 14,545,000 | 14,993,000 | 14,671,000 | 14,909,000 | 13,993,000 | 13,692,000 | 12,505,000 | 12,954,000 | 12,778,000 | 13,223,101 | 13,185,487 | 13,279,317 | 14,443,095 | 13,467,269 | 7,221,932 | 6,976,480 | 6,559,946 | 6,552,772 | 5,396,347 | 5,396,200 | 4,099,746 | 4,292,698 | 4,215,425 | 3,845,875 | 3,354,376 | 659,130 | 581,090 |
selling, general and administrative expenses | 9,252,000 | 9,609,000 | 12,074,000 | 11,577,000 | 9,739,000 | 10,834,000 | 10,321,000 | 8,637,000 | 9,994,000 | 10,595,000 | 9,475,000 | 10,519,000 | 10,591,000 | 8,637,000 | 8,770,000 | 8,546,000 | 10,312,000 | 8,352,000 | 6,790,000 | 6,524,000 | 6,688,000 | 5,568,000 | 5,654,000 | 7,178,000 | 8,027,000 | 7,005,000 | 6,812,000 | 7,522,000 | 7,124,000 | 7,595,000 | 7,150,000 | 6,856,000 | 6,848,000 | 7,047,000 | 5,575,000 | 5,569,000 | 5,782,000 | 6,773,673 | 5,865,425 | 6,628,468 | 6,463,434 | 6,274,735 | 3,579,001 | 2,882,218 | 2,648,066 | 2,961,433 | 2,815,653 | 2,686,711 | 2,656,191 | 2,228,081 | 2,115,736 | 2,526,233 | 3,021,965 | 742,061 | 612,593 |
depreciation and amortization | 3,614,000 | 3,566,000 | 3,526,000 | 3,600,000 | 4,936,000 | 5,038,000 | 4,805,000 | 4,665,000 | 4,540,000 | 4,364,000 | 4,525,000 | 4,458,000 | 4,549,000 | 6,914,000 | 6,778,000 | 5,330,000 | 4,684,000 | 4,447,000 | 4,252,000 | 4,224,000 | 4,174,000 | 4,085,000 | 4,159,000 | 4,158,000 | 4,282,000 | 3,914,000 | 3,847,000 | 3,815,000 | 3,633,000 | 3,606,000 | 3,640,000 | 3,567,000 | 3,575,000 | 3,310,000 | 3,005,000 | 3,028,000 | 3,006,000 | 2,772,302 | 3,036,845 | 3,118,854 | 3,104,999 | 2,700,292 | 1,279,761 | 1,099,713 | 1,279,081 | 1,227,778 | 1,232,603 | 1,241,656 | 830,098 | 876,650 | 931,974 | 1,015,367 | 1,030,139 | 209,348 | 204,841 |
change in fair value of contingent consideration | -3,700,000 | -90,000 | 200,000 | -1,641,000 | 250,000 | -1,300,000 | 200,000 | -204,000 | -246,000 | -259,000 | -697,000 | 150,000 | 160,000 | 160,000 | 152,000 | 455,000 | 2,500,000 | 1,850,000 | 1,700,000 | 3,000 | -25,000 | -476,000 | -95,000 | ||||||||||||||||||||||||||||||||
total operating expenses | 207,590,000 | 224,650,000 | 224,569,000 | 215,382,000 | 210,673,000 | 255,822,000 | 199,761,000 | 201,153,000 | 185,465,000 | 199,418,000 | 207,136,000 | 228,400,000 | 237,913,000 | 270,975,000 | 320,076,000 | 359,866,000 | 442,402,000 | 322,170,000 | 276,356,000 | 248,190,000 | 231,084,000 | 212,778,000 | 171,090,000 | 267,727,000 | 176,516,000 | 198,380,000 | 201,281,000 | 252,088,000 | 214,050,000 | 52,592,000 | 47,690,000 | 45,050,000 | 43,915,000 | 49,118,000 | 43,689,000 | 45,699,000 | 45,643,000 | 45,511,987 | 42,273,182 | 50,153,196 | 49,059,635 | 37,581,891 | 25,593,691 | 26,080,611 | 23,916,444 | 24,305,063 | 21,167,202 | 22,213,080 | 21,025,807 | 19,030,812 | 19,066,538 | 21,790,650 | 20,017,722 | 7,030,185 | 6,641,277 |
income from operations | 6,545,000 | 7,480,000 | 2,086,000 | 5,198,000 | 3,334,000 | 8,722,000 | 3,804,000 | 4,879,000 | -906,000 | 1,664,000 | 3,661,000 | 3,825,000 | 6,258,000 | 7,144,000 | 10,895,000 | 19,770,000 | 18,497,000 | 10,598,000 | 9,759,000 | 9,720,000 | 5,448,000 | 6,027,000 | 4,787,000 | 7,779,000 | 705,000 | 6,269,000 | 4,767,000 | 8,850,000 | 4,833,000 | 6,671,000 | 1,458,000 | 2,818,000 | 2,233,000 | 676,000 | 2,020,000 | 4,425,000 | 3,366,000 | 1,653,470 | 5,119,260 | 1,510,846 | 1,511,762 | 2,408,339 | 3,354,124 | 2,822,438 | 2,152,803 | 2,194,694 | 4,031,233 | 2,540,530 | -265,402 | 299,114 | 85,663 | 47,109 | |||
yoy | 96.31% | -14.24% | -45.16% | 6.54% | -467.99% | 424.16% | 3.91% | 27.56% | -114.48% | -76.71% | -66.40% | -80.65% | -66.17% | -32.59% | 11.64% | 103.40% | 239.52% | 75.84% | 103.86% | 24.95% | 672.77% | -3.86% | 0.42% | -12.10% | -85.41% | -6.03% | 226.95% | 214.05% | 116.44% | 886.83% | -27.82% | -36.32% | -33.66% | 103.57% | -31.34% | 52.63% | -46.47% | -29.78% | 9.73% | -16.80% | 11.10% | -911.15% | 633.73% | 4605.92% | 5292.88% | ||||||||||
qoq | -12.50% | 258.58% | -59.87% | 55.91% | -61.77% | 129.28% | -22.03% | -638.52% | -154.45% | -54.55% | -4.29% | -38.88% | -12.40% | -34.43% | -44.89% | 6.88% | 74.53% | 8.60% | 0.40% | 78.41% | -9.61% | 25.90% | -38.46% | 1003.40% | -88.75% | 31.51% | -46.14% | 83.12% | -27.55% | 357.54% | -48.26% | 26.20% | 230.33% | -66.53% | -54.35% | 31.46% | -67.70% | 238.83% | -0.06% | -37.23% | -28.20% | 18.84% | 31.11% | -1.91% | -45.56% | 58.68% | -1057.24% | -188.73% | 249.18% | 81.84% | |||||
operating margin % | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | -Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | NaN% | NaN% | NaN% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | 2.56% | 2.86% | 4.99% | 3.49% | -0.34% | 0.42% | 0.44% | 0.26% |
other income: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
interest income | 56,000 | 36,000 | 44,000 | 179,000 | 292,000 | 367,000 | 465,000 | 504,000 | 623,000 | 621,000 | 585,000 | 1,069,000 | 216,000 | 59,000 | 40,000 | 13,000 | 4,000 | 4,000 | 3,000 | 4,000 | 3,000 | 3,000 | 9,000 | 9,000 | 17,000 | 13,000 | 13,000 | 13,000 | 12,000 | 8,000 | 10,000 | 9,000 | 7,000 | 8,000 | 6,000 | 6,000 | 4,000 | 2,799 | 29,724 | 7,696 | 6,781 | 14,714 | 330 | 732 | 925 | 1,498 | 1,965 | 2,128 | 2,500 | 3,009 | 3,547 | 5,059 | 4,962 | 2,490 | 2,505 |
interest expense | -564,000 | -625,000 | -605,000 | -491,000 | -303,000 | -311,000 | -237,000 | -213,000 | -250,000 | -291,000 | -302,000 | -1,027,000 | -683,000 | -742,000 | -821,000 | -855,000 | -1,001,000 | -749,000 | -609,000 | -630,000 | -611,000 | -580,000 | -815,000 | -678,000 | -873,000 | -789,000 | -771,000 | -755,000 | -811,000 | -771,000 | -649,000 | -614,000 | -495,293 | -521,163 | -515,509 | -492,414 | -512,690 | -473,677 | -2,961 | ||||||||||||||||
foreign currency transaction gain | 319,000 | -120,000 | 4,000 | -51,000 | 96,000 | 181,000 | -62,000 | 22,000 | 105,000 | -79,000 | 96,000 | -47,000 | 331,000 | 4,000 | 467,000 | 238,000 | 105,000 | 104,000 | 271,000 | -39,500 | 14,000 | 21,000 | -245,000 | 169,000 | |||||||||||||||||||||||||||||||
change in fair value of interest rate swap contracts | -291,000 | -301,000 | -440,000 | -294,000 | -170,000 | -531,000 | -202,000 | 152,000 | -355,000 | -104,000 | 690,000 | 278,000 | 1,985,000 | -378,000 | -46,000 | 48,000 | -512,000 | -21,000 | |||||||||||||||||||||||||||||||||||||
other | 88,000 | 174,000 | 85,000 | -18,000 | 17,000 | 14,000 | 1,039,000 | 4,000 | 32,000 | 135,000 | 27,000 | 23,000 | 123,000 | 24,000 | 5,000 | 53,000 | 32,000 | 91,000 | 16,000 | 41,000 | 281,000 | 291,000 | 91,000 | 206,000 | 89,000 | 16,000 | 49,000 | 59,000 | 150,000 | 79,000 | 103,000 | 96,000 | 130,000 | -14,000 | 85,000 | 116,000 | 194,000 | 246,526 | 23,982 | 94,520 | -115,476 | 60,733 | 126,822 | 55,154 | 16,482 | 8,563 | 84,183 | 108,587 | 26,292 | 62,766 | 97,222 | -2,281 | |||
total other income | -101,000 | -535,000 | -472,000 | -381,000 | -189,000 | -50,000 | 765,000 | 23,000 | 340,000 | -145,000 | 204,000 | -186,250 | -368,000 | 381,000 | -273,000 | 1,125,000 | 4,005,000 | 589,000 | -245,000 | -371,493 | -2,737 | ||||||||||||||||||||||||||||||||||
income before income taxes | 6,444,000 | 6,945,000 | 1,614,000 | 4,817,000 | 3,145,000 | 8,672,000 | 4,569,000 | 4,902,000 | -566,000 | 1,519,000 | 3,865,000 | 3,995,000 | 5,890,000 | 6,385,000 | 11,276,000 | 19,497,000 | 19,622,000 | 9,670,000 | 9,394,000 | 13,725,000 | 6,037,000 | 5,290,000 | 4,307,000 | 7,534,000 | 228,000 | 5,611,000 | 4,121,000 | 8,208,000 | 4,240,000 | ||||||||||||||||||||||||||
income tax expense | -1,876,000 | -1,725,000 | -339,000 | 116,000 | -573,000 | -2,163,000 | -1,145,000 | -56,000 | -49,000 | -404,000 | -1,014,000 | -735,000 | -1,346,000 | -1,460,000 | -2,764,000 | -3,290,000 | -4,527,000 | -2,646,000 | -2,229,000 | -2,441,000 | -976,000 | -1,078,000 | -1,307,000 | -977,000 | -626,000 | -651,835 | |||||||||||||||||||||||||||||
net income | 4,568,000 | 5,220,000 | 1,275,000 | 4,933,000 | 2,572,000 | 6,509,000 | 3,424,000 | 4,846,000 | -615,000 | 1,115,000 | 2,851,000 | 3,260,000 | 4,544,000 | 4,925,000 | 8,512,000 | 16,207,000 | 15,095,000 | 7,024,000 | 7,165,000 | 11,284,000 | 5,061,000 | 3,888,000 | 3,229,000 | 6,227,000 | 126,000 | 4,604,000 | 3,179,000 | 6,334,000 | 3,263,000 | 4,947,000 | 700,000 | 3,897,000 | 888,000 | -503,000 | 922,000 | 2,626,000 | 1,874,000 | 354,010 | 2,196,608 | 1,355,179 | 860,294 | 1,542,701 | 2,129,210 | 1,664,655 | 279,711 | 1,108,379 | 2,365,437 | 911,028 | 55,551 | -26,647 | 23,506 | 65,304 | |||
yoy | 77.60% | -19.80% | -62.76% | 1.80% | -518.21% | 483.77% | 20.10% | 48.65% | -113.53% | -77.36% | -66.51% | -79.89% | -69.90% | -29.88% | 18.80% | 43.63% | 198.26% | 80.66% | 121.90% | 81.21% | 3916.67% | -15.55% | 1.57% | -1.69% | -96.14% | -6.93% | 354.14% | 62.54% | 267.45% | -1083.50% | -24.08% | 48.40% | -52.61% | 429.36% | -77.05% | 3.17% | -18.59% | 207.57% | 39.19% | -9.99% | 82.72% | 403.52% | -4259.49% | 9963.12% | 1295.06% | ||||||||||
qoq | -12.49% | 309.41% | -74.15% | 91.80% | -60.49% | 90.10% | -29.34% | -887.97% | -155.16% | -60.89% | -12.55% | -28.26% | -7.74% | -42.14% | -47.48% | 7.37% | 114.91% | -1.97% | -36.50% | 122.96% | 30.17% | 20.41% | -48.15% | 4842.06% | -97.26% | 44.83% | -49.81% | 94.12% | -34.04% | 606.71% | -82.04% | 338.85% | -276.54% | -154.56% | -64.89% | 40.13% | -83.88% | 62.09% | 57.53% | -44.23% | -27.55% | 27.91% | 495.13% | -74.76% | -53.14% | 159.64% | 1539.98% | -308.47% | -213.36% | -64.01% | |||||
net income margin % | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | -Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | -Infinity% | Infinity% | Infinity% | Infinity% | NaN% | NaN% | NaN% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | 0.33% | 1.45% | 2.93% | 1.25% | 0.07% | -0.04% | 0.12% | 0.36% |
net income attributable to noncontrolling interest | 103,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
net income attributable to radiant logistics, inc. | 4,671,000 | 5,305,000 | 1,293,000 | 4,907,000 | 2,541,000 | 6,467,000 | 3,376,000 | 4,781,000 | -703,000 | 985,000 | 2,622,000 | 3,143,000 | 4,183,000 | 4,836,000 | 8,433,000 | 16,098,000 | 14,339,000 | 6,948,000 | 7,079,000 | 11,059,000 | 4,984,000 | 3,812,000 | 3,088,000 | 4,666,000 | 53,000 | 4,461,000 | 2,932,000 | 5,870,000 | 3,083,000 | 4,841,000 | 678,000 | 3,841,000 | 827,000 | -518,000 | 907,000 | 2,610,000 | 1,862,000 | 338,896 | 2,178,831 | 1,336,125 | 838,739 | 1,520,664 | 2,114,889 | 1,648,114 | 263,573 | 1,091,737 | 2,351,715 | 881,810 | 20,780 | -74,617 | |||||
other comprehensive income attributable to radiant logistics, inc.: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
foreign currency translation gain | -722,000 | 869,000 | -962,000 | 2,597,000 | 9,000 | -2,911,000 | 640,000 | -220,500 | -1,151,000 | 1,397,000 | -613,750 | 122,000 | 901,000 | -1,494,000 | 479,000 | 117,000 | 523,000 | 567,000 | 1,602,000 | -1,996,000 | -419,000 | 711,000 | -214,000 | 798,000 | 270,000 | 446,000 | 210,000 | -805,000 | -463,000 | -109,000 | 317,000 | 221,000 | -169,683 | 566,888 | 854,597 | ||||||||||||||||||||
comprehensive income attributable to noncontrolling interest | 108,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
comprehensive income attributable to radiant logistics, inc. | 3,954,000 | 6,129,000 | 326,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
income per share: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
basic | 0.1 | 0.11 | 0.11 | 0.05 | 0.14 | 0.07 | 0.1 | -0.02 | 0.02 | 0.06 | 0.07 | 0.09 | 0.33 | 0.29 | 0.14 | 0.22 | 0.1 | 0.08 | 0.06 | 0.09 | 0.09 | 0.06 | 0.08 | ||||||||||||||||||||||||||||||||
diluted | 0.1 | 0.11 | 0.1 | 0.05 | 0.13 | 0.07 | 0.1 | -0.02 | 0.02 | 0.05 | 0.07 | 0.08 | 0.32 | 0.28 | 0.14 | 0.22 | 0.1 | 0.07 | 0.06 | 0.1 | 0.09 | 0.06 | 0.07 | ||||||||||||||||||||||||||||||||
weighted-average common shares outstanding: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
basic | 46,829,219 | 46,912,966 | 47,166,166 | 46,969,294 | 47,073,339 | 46,942,639 | 46,721,238 | 47,047,754 | 46,963,845 | 46,990,818 | 47,297,957 | 48,188,663 | 48,180,834 | 48,243,204 | 48,745,317 | 49,570,594 | 49,443,267 | 49,657,547 | 49,921,061 | 49,890,945 | 50,034,950 | 49,815,191 | 49,578,590 | 49,600,506 | 49,577,370 | 49,497,007 | 49,515,717 | 49,461,982 | 49,437,930 | 49,239,870 | |||||||||||||||||||||||||
diluted | 48,541,491 | 48,665,202 | 48,738,595 | 48,730,674 | 48,666,557 | 48,983,153 | 48,585,811 | 48,822,017 | 46,963,845 | 48,907,452 | 49,076,185 | 49,551,388 | 49,304,991 | 49,427,420 | 50,303,012 | 50,736,582 | 50,632,293 | 50,775,714 | 51,116,478 | 51,208,295 | 51,359,441 | 51,115,524 | 50,925,387 | 51,091,799 | 50,974,994 | 51,082,652 | 51,169,321 | 51,064,163 | 50,705,434 | 50,634,671 | |||||||||||||||||||||||||
net loss attributable to noncontrolling interest | 85,000 | 18,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
comprehensive loss attributable to noncontrolling interest | 40,000 | 13,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
income per share: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
basic and diluted | 0.03 | 0.1 | 0.17 | 0.14 | 0.05 | ||||||||||||||||||||||||||||||||||||||||||||||||||
lease termination costs | 344,000 | 210,000 | 1,166,000 | 98,771.5 | 395,086 | ||||||||||||||||||||||||||||||||||||||||||||||||||
less: net income attributable to non-controlling interest | -30,250 | -31,000 | -42,000 | -48,000 | -65,000 | -88,000 | -130,000 | -229,000 | -117,000 | -361,000 | -89,000 | -79,000 | -109,000 | -756,000 | -76,000 | -86,000 | -225,000 | -77,000 | -141,000 | -1,561,000 | -143,000 | -464,000 | -180,000 | -106,000 | -22,000 | -56,000 | -61,000 | -15,000 | -15,000 | -16,138 | -16,642 | -13,722 | -29,218 | -34,771 | -47,970 | ||||||||||||||||||||
other comprehensive income: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
comprehensive income | 7,530,000 | 2,581,000 | 3,598,000 | 4,064,000 | 4,387,000 | -1,766,000 | 2,512,000 | 1,723,000 | 4,306,000 | 4,666,000 | 5,826,000 | 5,034,000 | 14,713,000 | 15,574,000 | 7,141,000 | 6,126,000 | 11,807,000 | 5,628,000 | 5,490,000 | 1,233,000 | 5,808,000 | 837,000 | 4,390,000 | 2,901,000 | 7,132,000 | 2,958,000 | 5,217,000 | 1,146,000 | 4,107,000 | -489,000 | -1,493,000 | 287,000 | 2,416,000 | 1,572,000 | 682,105 | ||||||||||||||||||||
foreign currency translation loss | -1,128,000 | -3,478,000 | -1,039,000 | -305,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||
transition, lease termination, and other costs | 30,000 | 172,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
other expense: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
total other expense | -759,000 | -928,000 | -365,000 | -480,000 | -470,250 | -642,000 | -593,000 | 36,288 | -1,723,011 | -434,480 | -403,913 | -462,575 | -76,703 | ||||||||||||||||||||||||||||||||||||||||||
other comprehensive loss: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
gain on forgiveness of debt | 4,573,000 | 1,414,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
foreign currency transaction loss | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
less: preferred stock dividends | -445,000 | -511,000 | -512,000 | -511,000 | -511,000 | -511,000 | -512,000 | -511,000 | |||||||||||||||||||||||||||||||||||||||||||||||
less: issuance costs for preferred stock redemption | -1,659,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
net income attributable to common stockholders | 4,666,000 | 53,000 | 4,461,000 | 2,932,000 | 953,250 | 167,000 | 3,330,000 | 316,000 | -1,030,000 | 396,000 | 2,099,000 | 1,351,000 | 1,667,445 | 824,737 | 327,351 | 1,009,276 | 1,603,501 | 1,136,726 | |||||||||||||||||||||||||||||||||||||
income per share attributable to common stockholders: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
basic | 0.1 | 0.11 | 0.11 | 0.05 | 0.14 | 0.07 | 0.1 | -0.02 | 0.02 | 0.06 | 0.07 | 0.09 | 0.33 | 0.29 | 0.14 | 0.22 | 0.1 | 0.08 | 0.06 | 0.09 | 0.09 | 0.06 | 0.08 | ||||||||||||||||||||||||||||||||
diluted | 0.1 | 0.11 | 0.1 | 0.05 | 0.13 | 0.07 | 0.1 | -0.02 | 0.02 | 0.05 | 0.07 | 0.08 | 0.32 | 0.28 | 0.14 | 0.22 | 0.1 | 0.07 | 0.06 | 0.1 | 0.09 | 0.06 | 0.07 | ||||||||||||||||||||||||||||||||
transition and lease termination costs | -11,000 | 69,000 | 107,000 | 953,000 | 446,000 | 385,000 | 476,000 | 836,430 | 788,922 | 1,157,420 | 3,162,228 | 1,544,454 | |||||||||||||||||||||||||||||||||||||||||||
foreign currency transaction gains | -9,000 | 159,000 | 34,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
income tax benefit | -948,250 | -1,874,000 | 272,750 | -123,000 | 1,840,000 | -392,000 | -540,000 | 284,758 | 207,347 | 1,627,233 | 40,553 | -150,081 | -277,318.75 | -1,166,927 | 397,656 | 45,732 | 37,449 | -20,932 | |||||||||||||||||||||||||||||||||||||
net income allocable to common stockholders | 3,766,000 | 2,572,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
income per share allocable to common stockholders: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
basic | 0.1 | 0.11 | 0.11 | 0.05 | 0.14 | 0.07 | 0.1 | -0.02 | 0.02 | 0.06 | 0.07 | 0.09 | 0.33 | 0.29 | 0.14 | 0.22 | 0.1 | 0.08 | 0.06 | 0.09 | 0.09 | 0.06 | 0.08 | ||||||||||||||||||||||||||||||||
diluted | 0.1 | 0.11 | 0.1 | 0.05 | 0.13 | 0.07 | 0.1 | -0.02 | 0.02 | 0.05 | 0.07 | 0.08 | 0.32 | 0.28 | 0.14 | 0.22 | 0.1 | 0.07 | 0.06 | 0.1 | 0.09 | 0.06 | 0.07 | ||||||||||||||||||||||||||||||||
income per share allocable to common stockholders: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
basic and diluted | 0.03 | 0.1 | 0.17 | 0.14 | 0.05 | ||||||||||||||||||||||||||||||||||||||||||||||||||
cost of transportation | 174,542,000 | 154,773,000 | 158,846,000 | 151,829,000 | 152,034,000 | 136,062,000 | 148,757,000 | 146,124,000 | 137,065,600 | 131,474,107 | 159,354,826 | 167,939,467 | 153,532,648 | 75,147,153 | 78,355,731 | 71,906,605 | 74,595,777 | 62,043,074 | 59,777,636 | 53,481,360 | 57,656,531 | 51,183,245 | 56,652,509 | 50,431,819 | 12,278,178 | 11,655,542 | |||||||||||||||||||||||||||||
net revenues | 59,263,000 | 49,148,000 | 47,868,000 | 46,148,000 | 49,794,000 | 45,709,000 | 50,124,000 | 49,009,000 | 46,550,277 | 41,801,401 | 47,596,217 | 50,713,105 | 42,701,151 | 27,104,537 | 27,592,373 | 26,324,783 | 27,659,187 | 23,989,640 | 24,365,883 | 23,220,501 | 23,062,045 | 21,607,068 | 21,525,248 | 20,316,836 | 7,115,848 | 6,688,386 | |||||||||||||||||||||||||||||
change in contingent consideration | -18,750 | 35,000 | 190,000 | -300,000 | 1,638,000 | 737,000 | 806,000 | 250,000 | 375,207 | 441,560 | 598,233 | -17,567 | -195,000 | -1,875,000 | -675,000 | -325,000 | 20,000 | ||||||||||||||||||||||||||||||||||||||
foreign exchange gain | -33,000 | 7,000 | -55,000 | -85,000 | -132,000 | -35,000 | 188,000 | 201,000 | 311,407 | 218,246 | 250,506 | ||||||||||||||||||||||||||||||||||||||||||||
total other income: | -528,750 | -635,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
income before income tax provision | 1,098,750 | 823,000 | 2,057,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
net income per common share - basic and diluted | 20 | 70 | 10 | 20 | 10 | 40 | 30 | 0.015 | 0.02 | 0.01 | 0.03 | 0.018 | 0.03 | ||||||||||||||||||||||||||||||||||||||||||
weighted-average shares outstanding: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
basic shares | 12,299,304,500 | 49,334,300,000 | 49,174,789,000 | 49,085,545,000 | 17,915,000 | 48,817,330,000 | 48,789,684,000 | 48,861,511,000 | 48,365,078,036 | 48,745,727 | 48,732,762 | 47,375,437 | 1,869,373 | 34,758,931 | 34,627,645 | 34,349,586 | 166,627 | 33,713,462 | 33,601,956 | 33,337,362 | 71,935 | 33,091,774 | 33,041,430 | 32,493,001 | 33,961,639 | 33,958,378 | |||||||||||||||||||||||||||||
diluted shares | 12,665,119,500 | 50,630,307,000 | 50,711,153,000 | 50,642,953,000 | 159,004,000 | 50,169,571,000 | 49,799,686,000 | 49,534,395,000 | 48,365,078,036 | 48,745,727 | 48,732,762 | 47,375,437 | 1,859,954 | 36,476,629 | 36,184,653 | 35,827,335 | -39,274 | 35,335,320 | 36,466,123 | 35,987,483 | 109,417 | 35,748,483 | 35,384,437 | 32,493,001 | |||||||||||||||||||||||||||||||
total other expense: | -761,000 | -719,000 | -787,000 | -558,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||
income before income tax expense | 1,514,000 | -111,000 | 1,462,000 | 4,115,000 | 3,126,000 | 587,348 | 2,735,301 | 1,314,626 | 1,476,785 | 2,444,627 | 3,321,816 | 2,751,998 | 1,760,214 | -342,105 | |||||||||||||||||||||||||||||||||||||||||
impairment of acquired intangible assets | 175 | 3,679,825 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
other comprehensive income | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
loss on write-off of debt discount | -1,238,409 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
agent commissions | 9,852,112.75 | 12,867,599 | 12,906,080 | 13,634,772 | 13,508,383 | 12,478,403 | 13,183,721 | 12,260,147 | 5,419,646 | 5,242,753 | |||||||||||||||||||||||||||||||||||||||||||||
gain on litigation settlement | 368,162 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
revenue | 84,143,519 | 76,701,861 | 80,718,576 | 72,790,313 | 78,177,757 | 70,748,655 | 19,394,026 | 18,343,928 | |||||||||||||||||||||||||||||||||||||||||||||||
yoy | 7.63% | 8.41% | 316.20% | 296.81% | |||||||||||||||||||||||||||||||||||||||||||||||||||
qoq | 9.70% | -4.98% | 10.89% | -6.89% | 10.50% | 264.80% | 5.72% | ||||||||||||||||||||||||||||||||||||||||||||||||
income before income tax benefit | 429,792 | 627,317 | 2,077,955 | -72,379 | 44,372 | ||||||||||||||||||||||||||||||||||||||||||||||||||
net income per common share – basic and diluted | 0.01 | 0.03 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
net income per common share – basic | 0.07 | 0.03 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
net income per common share – diluted | 0.06 | 0.02 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
transition costs associated with dba acquisition | 331,095 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
loss on litigation settlement | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
income before income tax benefit and minority interest | 60,973 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
income before minority interest | 23,524 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
minority interest | 18 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
net income per common share - basic | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
net income per common share - diluted | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
diluted share | 34,162,532 | 34,468,711 |
Balance Sheets:
Quarterly
Annual
| Unit: USD | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 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 | 2019-06-30 | 2019-03-31 | 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 | 2015-12-31 | 2015-09-30 | 2015-06-30 | 2015-03-31 | 2014-09-30 | 2014-06-30 | 2014-03-31 | 2013-12-31 | 2013-09-30 | 2013-06-30 | 2013-03-31 | 2012-12-31 | 2012-03-31 | 2007-03-31 | 2006-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
assets | |||||||||||||||||||||||||||||||||||||||||||||||||||
current assets: | |||||||||||||||||||||||||||||||||||||||||||||||||||
cash and cash equivalents | 39,688,000 | 31,884,000 | 28,106,000 | 22,942,000 | 19,041,000 | 19,908,000 | 10,448,000 | 24,874,000 | 31,233,000 | 32,883,000 | 35,867,000 | 32,456,000 | 51,008,000 | 62,020,000 | 23,714,000 | 24,442,000 | 40,046,000 | 17,195,000 | 9,477,000 | 13,696,000 | 4,215,000 | 7,269,000 | 23,881,000 | 34,841,000 | 16,697,000 | 5,420,000 | 5,484,000 | 7,956,000 | 6,992,000 | 4,225,000 | 4,476,000 | 5,767,000 | 5,808,000 | 12,933,000 | 8,263,000 | 7,804,000 | 20,126,312 | 10,230,604 | 7,268,144 | 2,176,894 | 3,085,110 | 2,880,205 | 3,968,161 | 11,838,784 | 8,794,717 | 1,024,192 | 1,309,627 | 1,724,587 | 647,964 | 321,216 | 192,614 |
accounts receivable | 135,317,000 | 139,947,000 | 148,002,000 | 134,911,000 | 134,730,000 | 113,440,000 | 122,159,000 | 118,016,000 | 105,513,000 | 106,297,000 | 116,318,000 | 126,725,000 | 118,678,000 | 137,793,000 | 164,438,000 | 186,492,000 | 206,051,000 | 158,950,000 | 143,622,000 | 117,349,000 | 110,991,000 | 97,893,000 | 76,602,000 | 71,838,000 | 93,021,000 | 93,123,000 | 90,728,000 | 100,444,000 | 137,578,000 | 122,294,000 | 122,900,000 | 123,260,000 | 116,327,000 | 97,479,000 | 113,085,000 | 114,051,000 | 107,977,722 | 125,321,716 | 127,348,546 | 64,656,315 | 63,563,410 | 67,856,337 | 53,280,722 | 50,298,466 | 49,003,432 | 52,131,462 | 46,858,964 | 44,908,885 | 45,404,522 | 9,879,759 | |
contract assets | 6,170,000 | 6,477,000 | 5,749,000 | 6,904,000 | 6,596,000 | 8,197,000 | 7,388,000 | 7,615,000 | 7,244,000 | 7,227,000 | 6,473,000 | 6,180,000 | 33,327,000 | 33,858,000 | 49,967,000 | 61,154,000 | 59,894,000 | 73,268,000 | 32,625,000 | 27,753,000 | 26,038,000 | 21,651,000 | 17,684,000 | 16,312,000 | 15,754,000 | 17,777,000 | 20,691,000 | 27,254,000 | |||||||||||||||||||||||
income tax receivable | 92,000 | 1,887,000 | 3,010,000 | 2,194,000 | 759,000 | 3,101,000 | 3,521,000 | 3,133,000 | 4,223,000 | 2,139,000 | 475,000 | 974,000 | 780,000 | 806,000 | 506,000 | 309,000 | 1,073,000 | 2,105,000 | |||||||||||||||||||||||||||||||||
prepaid expenses and other current assets | 7,995,000 | 11,196,000 | 10,403,000 | 12,299,000 | 9,117,000 | 8,222,000 | 14,243,000 | 10,567,000 | 11,540,000 | 12,799,000 | 12,600,000 | 15,211,000 | 13,044,000 | 15,399,000 | 15,327,000 | 17,256,000 | 36,545,000 | 35,354,000 | 22,463,000 | 17,512,000 | 19,720,000 | 19,974,000 | 15,322,000 | 16,817,000 | 15,886,000 | 8,066,000 | 9,569,000 | 8,499,000 | 6,599,000 | 5,541,000 | 6,354,000 | 6,256,000 | 6,902,000 | 6,048,000 | 2,414,000 | 7,440,000 | 5,199,816 | 5,873,342 | 5,671,872 | 3,359,422 | 5,026,157 | 2,926,431 | 2,123,517 | 2,230,766 | 2,726,662 | 2,477,904 | 2,019,148 | 2,589,033 | 2,489,809 | 74,019 | 102,417 |
total current assets | 189,262,000 | 191,391,000 | 195,270,000 | 179,250,000 | 170,243,000 | 152,868,000 | 157,759,000 | 164,205,000 | 159,753,000 | 161,345,000 | 171,733,000 | 180,572,000 | 216,057,000 | 249,070,000 | 253,446,000 | 289,344,000 | 342,536,000 | 284,767,000 | 208,187,000 | 176,310,000 | 160,964,000 | 146,787,000 | 134,463,000 | 140,588,000 | 142,164,000 | 124,892,000 | 126,781,000 | 145,226,000 | 153,274,000 | 133,908,000 | 135,622,000 | 136,212,000 | 129,720,000 | 118,414,000 | 124,716,000 | 129,848,000 | 140,356,384 | 147,545,013 | 146,478,914 | 71,338,643 | 72,403,663 | 74,820,972 | 60,656,187 | 65,674,557 | 61,872,099 | 56,870,245 | 51,507,328 | 50,752,449 | 50,101,180 | 12,368,345 | 10,511,203 |
property, technology, and equipment | 21,191,000 | 21,944,000 | 22,773,000 | 23,489,000 | 23,559,000 | 24,946,000 | 25,720,000 | 25,558,000 | 26,226,000 | 26,327,000 | 25,476,000 | 25,389,000 | 25,252,000 | 23,663,000 | 22,890,000 | 24,823,000 | 25,947,000 | 26,145,000 | 23,600,000 | 24,151,000 | 21,918,000 | 20,760,000 | 19,251,000 | 18,712,000 | 19,684,000 | ||||||||||||||||||||||||||
goodwill | 120,858,000 | 121,146,000 | 120,749,000 | 117,637,000 | 115,385,000 | 104,269,000 | 98,505,000 | 93,043,000 | 90,424,000 | 89,251,000 | 88,709,000 | 89,203,000 | 88,969,000 | 88,924,000 | 86,751,000 | 88,199,000 | 88,813,000 | 85,925,000 | 72,091,000 | 72,582,000 | 72,298,000 | 72,006,000 | 71,071,000 | 72,199,000 | 72,078,000 | 65,389,000 | 65,389,000 | 65,389,000 | 65,389,000 | 65,389,000 | 65,389,000 | 66,997,000 | 66,779,000 | 62,888,000 | 62,888,000 | 62,888,000 | 63,119,472 | 63,089,222 | 63,089,222 | 29,466,537 | 28,778,537 | 28,247,003 | 28,623,045 | 26,802,045 | 15,952,544 | 15,952,544 | 15,924,138 | 15,924,138 | 14,086,993 | 5,318,189 | 4,718,189 |
intangible assets | 46,443,000 | 48,290,000 | 49,878,000 | 49,123,000 | 47,785,000 | 44,451,000 | 41,593,000 | 34,943,000 | 31,618,000 | 31,746,000 | 34,011,000 | 36,641,000 | 39,159,000 | 41,731,000 | 43,000,000 | 48,545,000 | 52,366,000 | 53,832,000 | 38,549,000 | 41,404,000 | 43,742,000 | 46,048,000 | 47,834,000 | 51,192,000 | 53,845,000 | 55,742,000 | 58,035,000 | 63,055,000 | 65,264,000 | ||||||||||||||||||||||
operating lease right-of-use assets | 51,562,000 | 54,669,000 | 54,550,000 | 55,066,000 | 55,242,000 | 57,561,000 | 48,301,000 | 49,850,000 | 51,961,000 | 50,042,000 | 52,874,000 | 56,773,000 | 58,307,000 | 59,569,000 | 44,143,000 | 41,111,000 | 39,905,000 | 35,955,000 | 36,382,000 | 39,022,000 | 25,722,000 | 10,132,000 | 11,601,000 | 12,580,000 | 12,610,000 | ||||||||||||||||||||||||||
deposits and other assets | 1,895,000 | 2,007,000 | 2,109,000 | 2,209,000 | 2,288,000 | 2,666,000 | 3,380,000 | 3,586,000 | 3,984,000 | 4,333,000 | 5,023,000 | 5,163,000 | 5,591,000 | 6,309,000 | 5,703,000 | 4,704,000 | 4,725,000 | 3,316,000 | 4,265,000 | 3,772,000 | 3,710,000 | 4,475,000 | 4,642,000 | 4,769,000 | 4,004,000 | 1,560,000 | 1,266,000 | 1,248,000 | 2,945,000 | 3,035,000 | 3,218,000 | 3,158,000 | 3,085,000 | 2,891,000 | 2,780,000 | 2,866,000 | 2,223,373 | 2,466,042 | 3,002,492 | 1,399,989 | 611,133 | 617,093 | 609,349 | 700,002 | 636,904 | 336,613 | 322,499 | 400,106 | 418,568 | 134,085 | 109,572 |
total other long-term assets | 220,758,000 | 226,112,000 | 227,286,000 | 224,035,000 | 220,700,000 | 208,947,000 | 191,779,000 | 181,422,000 | 177,987,000 | 175,372,000 | 180,617,000 | 187,780,000 | 192,621,000 | 197,126,000 | 180,178,000 | 183,184,000 | 186,451,000 | 179,663,000 | 151,287,000 | 156,780,000 | 145,472,000 | 132,661,000 | 135,148,000 | 140,740,000 | 142,537,000 | 122,691,000 | 124,690,000 | 129,692,000 | |||||||||||||||||||||||
total assets | 431,211,000 | 439,447,000 | 445,329,000 | 426,774,000 | 414,502,000 | 386,761,000 | 375,258,000 | 371,185,000 | 363,966,000 | 363,044,000 | 377,826,000 | 393,741,000 | 433,930,000 | 469,859,000 | 456,514,000 | 497,351,000 | 554,934,000 | 490,575,000 | 383,074,000 | 357,241,000 | 328,354,000 | 300,208,000 | 288,862,000 | 300,040,000 | 304,385,000 | 267,710,000 | 271,454,000 | 294,043,000 | 305,438,000 | 286,485,000 | 290,473,000 | 295,285,000 | 289,540,000 | 263,084,000 | 270,870,000 | 277,633,000 | 295,100,400 | 306,876,055 | 308,706,200 | 120,946,012 | 119,491,561 | 120,014,233 | 107,390,470 | 110,189,712 | 88,253,192 | 83,752,816 | 79,431,218 | 80,183,733 | 79,215,538 | ||
liabilities and equity | |||||||||||||||||||||||||||||||||||||||||||||||||||
current liabilities: | |||||||||||||||||||||||||||||||||||||||||||||||||||
accounts payable | 73,560,000 | 74,124,000 | 79,979,000 | 74,411,000 | 74,051,000 | 64,346,000 | 73,686,000 | 73,558,000 | 70,266,000 | 71,213,000 | 80,145,000 | 84,561,000 | 94,784,000 | 107,511,000 | 122,243,000 | 137,853,000 | 164,932,000 | 136,309,000 | 98,374,000 | 87,941,000 | 84,597,000 | 76,620,000 | 72,277,000 | 65,003,000 | 66,687,000 | 74,097,000 | 78,148,000 | 80,462,000 | 90,153,000 | 6,440,294 | 5,674,959 | ||||||||||||||||||||
operating partner commissions payable | 10,878,000 | 10,469,000 | 11,328,000 | 10,541,000 | 10,603,000 | 10,198,000 | 11,901,000 | 13,291,000 | 12,998,000 | 14,476,000 | 14,260,000 | 18,360,000 | 16,920,000 | 20,298,000 | 19,030,000 | 18,731,000 | 16,038,000 | 19,395,000 | 15,645,000 | 13,779,000 | 12,294,000 | 13,519,000 | 10,781,000 | 9,131,000 | 10,391,000 | 12,891,000 | 13,286,000 | 13,869,000 | 14,322,000 | ||||||||||||||||||||||
accrued expenses | 11,916,000 | 11,959,000 | 9,952,000 | 10,637,000 | 9,876,000 | 10,322,000 | 8,853,000 | 8,948,000 | 7,822,000 | 8,625,000 | 9,013,000 | 8,739,000 | 7,183,000 | 9,053,000 | 9,387,000 | 11,349,000 | 11,512,000 | 10,588,000 | 7,162,000 | 6,801,000 | 7,705,000 | 6,618,000 | 7,944,000 | 6,538,000 | 6,339,000 | 6,224,000 | 6,076,000 | 6,608,000 | 5,404,000 | ||||||||||||||||||||||
current portion of operating lease liabilities | 13,602,000 | 13,445,000 | 12,916,000 | 12,741,000 | 12,484,000 | 12,598,000 | 12,146,000 | 11,629,000 | 11,129,000 | 10,535,000 | 10,927,000 | 11,273,000 | 11,184,000 | ||||||||||||||||||||||||||||||||||||||
current portion of finance lease liabilities | 252,000 | 263,000 | 272,000 | 282,000 | 566,000 | 699,000 | 641,000 | 643,000 | 608,000 | 583,000 | 626,000 | 620,000 | 531,000 | ||||||||||||||||||||||||||||||||||||||
current portion of contingent consideration | 8,190,000 | 9,170,000 | 6,200,000 | 6,050,000 | 6,193,000 | 4,825,000 | 475,000 | 455,000 | 150,000 | 246,000 | 3,886,000 | 3,874,000 | 3,582,000 | 2,600,000 | 2,600,000 | 2,600,000 | 2,600,000 | 2,600,000 | 2,600,000 | 2,319,000 | 3,062,000 | 2,127,000 | 2,127,000 | 375,000 | 110,000 | 1,100,000 | 960,000 | 1,086,000 | 2,400,000 | 3,830,000 | 4,130,000 | 4,735,000 | 3,279,000 | 3,834,000 | 3,029,000 | 1,528,000 | 1,872,000 | 2,007,000 | 1,558,000 | 1,541,000 | 1,610,000 | 1,609,000 | 317,433 | 305,000 | 513,000 | 460,000 | 455,200 | ||||
other current liabilities | 676,000 | 806,000 | 750,000 | 483,000 | 603,000 | 5,114,000 | 954,000 | 1,927,000 | 1,918,000 | 300,000 | 254,000 | 258,000 | 294,000 | 296,000 | 297,000 | 303,000 | 291,000 | 1,200,000 | 347,000 | 345,000 | 424,000 | 343,000 | 382,000 | 308,000 | 1,471,000 | 532,000 | 607,000 | 259,000 | 295,000 | 305,000 | 332,000 | 349,000 | 143,000 | 94,000 | 106,000 | 122,000 | 292,226 | 331,063 | 297,727 | 20,838 | 62,529 | ||||||||||
total current liabilities | 119,074,000 | 120,236,000 | 121,397,000 | 115,145,000 | 114,376,000 | 108,102,000 | 108,656,000 | 110,451,000 | 105,530,000 | 107,558,000 | 118,374,000 | 132,173,000 | 141,989,000 | 158,923,000 | 169,000,000 | 187,664,000 | 212,193,000 | 184,013,000 | 136,669,000 | 126,357,000 | 119,180,000 | 110,594,000 | 103,791,000 | 93,716,000 | 95,659,000 | 98,422,000 | 102,579,000 | 107,338,000 | 116,245,000 | 104,230,000 | 106,087,000 | 110,846,000 | 109,976,000 | 94,197,000 | 105,893,000 | 108,582,000 | 103,076,178 | 110,681,316 | 112,885,810 | 57,433,174 | 55,943,669 | 58,684,162 | 48,471,202 | 51,372,318 | 42,798,601 | 45,769,834 | 42,686,369 | 44,773,644 | 40,193,989 | 10,900,659 | 9,220,941 |
notes payable | 25,000,000 | 30,000,000 | 30,000,000 | 20,000,000 | 15,000,000 | 200,000 | 500,000 | ||||||||||||||||||||||||||||||||||||||||||||
operating lease liabilities, net of current portion | 44,156,000 | 47,568,000 | 48,087,000 | 49,245,000 | 49,855,000 | 52,372,000 | 42,943,000 | 45,026,000 | 47,592,000 | 46,119,000 | 48,544,000 | 52,120,000 | 53,593,000 | ||||||||||||||||||||||||||||||||||||||
finance lease liabilities, net of current portion | 783,000 | 846,000 | 909,000 | 969,000 | 1,036,000 | 1,109,000 | 511,000 | 677,000 | 744,000 | 704,000 | 963,000 | 1,121,000 | 823,000 | ||||||||||||||||||||||||||||||||||||||
contingent consideration, net of current portion | 4,010,000 | 7,130,000 | 15,350,000 | 13,300,000 | 13,620,000 | 9,427,000 | 9,190,000 | 4,710,000 | 1,190,000 | 90,000 | 209,000 | 287,000 | 756,000 | 1,745,000 | 3,090,000 | 2,930,000 | 2,770,000 | 2,618,000 | 4,663,000 | 4,663,000 | 4,944,000 | 2,701,000 | 2,813,000 | 2,813,000 | 290,000 | 1,380,000 | 1,615,000 | 2,625,000 | 2,625,000 | 6,015,000 | 5,790,000 | 665,000 | 1,391,000 | 3,901,000 | 3,726,000 | 5,673,000 | 5,741,000 | 7,753,000 | 10,809,000 | 9,626,000 | 10,640,000 | 8,886,000 | 3,512,567 | 3,720,000 | 5,387,000 | 6,115,000 | 6,664,800 | ||||
deferred tax liabilities | 2,519,000 | 2,400,000 | 2,216,000 | 1,782,000 | 2,088,000 | 1,003,000 | 1,053,000 | 812,000 | 2,761,000 | 1,456,000 | 2,597,000 | 2,944,000 | |||||||||||||||||||||||||||||||||||||||
other long-term liabilities | 10,000 | 10,000 | 210,000 | 248,000 | 210,000 | 200,000 | 217,000 | 39,000 | 39,000 | 39,000 | 89,000 | 61,000 | 99,000 | 95,000 | 93,000 | 1,810,000 | 761,000 | 701,000 | 367,000 | 1,082,000 | 1,052,000 | 884,000 | 1,099,000 | 782,000 | 882,000 | 746,000 | 1,071,000 | 778,938 | 1,169,806 | 1,004,812 | 16,970 | 27,493 | 2,610 | 2,610 | 2,610 | 2,610 | 2,610 | ||||||||||||||
total long-term liabilities | 76,478,000 | 87,954,000 | 96,772,000 | 85,544,000 | 81,809,000 | 64,111,000 | 54,114,000 | 51,225,000 | 52,287,000 | 48,369,000 | 52,313,000 | 56,472,000 | 85,533,000 | 109,645,000 | 89,170,000 | 115,130,000 | 157,556,000 | 137,269,000 | 80,419,000 | 69,481,000 | 58,151,000 | 44,378,000 | 46,537,000 | 68,149,000 | 76,260,000 | 42,008,000 | 46,019,000 | 52,506,000 | 55,579,000 | 53,586,000 | 56,563,000 | 61,004,000 | 56,099,000 | 44,879,000 | 41,465,000 | 48,280,000 | 69,647,736 | 72,212,643 | 111,327,416 | 19,043,900 | 21,249,479 | 20,405,237 | 19,571,810 | 21,441,631 | 28,328,262 | 22,098,221 | |||||
total liabilities | 195,552,000 | 208,190,000 | 218,169,000 | 200,689,000 | 196,185,000 | 172,213,000 | 162,770,000 | 161,676,000 | 157,817,000 | 155,927,000 | 170,687,000 | 188,645,000 | 227,522,000 | 268,568,000 | 258,170,000 | 302,794,000 | 369,749,000 | 321,282,000 | 217,088,000 | 195,838,000 | 177,331,000 | 154,972,000 | 150,328,000 | 161,865,000 | 171,919,000 | 140,430,000 | 148,598,000 | 159,844,000 | 171,824,000 | 157,816,000 | 162,650,000 | 171,850,000 | 166,075,000 | 139,076,000 | 147,358,000 | 156,862,000 | 172,723,914 | 182,893,959 | 224,213,226 | 76,477,074 | 77,193,148 | 79,089,399 | 68,043,012 | 72,813,949 | 71,126,863 | 67,868,055 | 65,951,487 | 68,165,933 | 69,113,848 | 13,371,676 | 11,100,617 |
commitments and contingencies | |||||||||||||||||||||||||||||||||||||||||||||||||||
redeemable noncontrolling interest | 1,210,000 | 1,321,000 | |||||||||||||||||||||||||||||||||||||||||||||||||
equity: | |||||||||||||||||||||||||||||||||||||||||||||||||||
common stock, 0.001 par value... | 34,000 | 34,000 | 34,000 | 34,000 | 34,000 | 34,000 | 33,000 | 33,000 | 33,000 | 33,000 | 33,000 | 33,000 | 33,000 | 33,000 | 33,000 | 33,000 | 33,000 | 33,000 | 32,000 | 32,000 | 32,000 | 32,000 | 32,000 | 32,000 | 31,000 | 31,000 | 31,000 | 31,000 | 31,000 | 31,000 | 31,000 | 30,000 | 30,000 | 30,000 | 30,000 | 30,000 | 30,198 | 30,183 | 24,018 | 16,429 | 16,046 | 15,781 | 15,571 | 14,803 | |||||||
additional paid-in capital | 111,949,000 | 111,388,000 | 110,767,000 | 110,588,000 | 110,224,000 | 108,985,000 | 110,464,000 | 110,763,000 | 110,676,000 | 109,728,000 | 109,066,000 | 108,516,000 | 107,711,000 | 107,170,000 | 106,314,000 | 106,146,000 | 105,784,000 | 105,256,000 | 104,360,000 | 104,228,000 | 103,671,000 | 103,422,000 | 102,060,000 | 102,214,000 | 101,324,000 | 100,186,000 | 99,882,000 | 118,236,000 | 117,968,000 | 117,656,000 | 117,445,000 | 116,570,000 | 116,172,000 | 115,195,000 | 115,000,000 | 114,692,000 | 113,826,750 | 113,443,437 | 74,658,960 | 35,892,448 | 34,917,546 | 34,558,785 | 34,337,719 | 13,873,157 | 7,085,381 | 7,036,127 | |||||
treasury stock | -35,457,000 | -35,457,000 | -32,798,000 | -31,964,000 | -31,874,000 | -31,874,000 | -31,874,000 | -31,166,000 | -30,148,000 | -30,148,000 | -27,297,000 | -27,067,000 | -21,004,000 | -21,004,000 | -17,344,000 | -16,004,000 | -10,914,000 | -10,914,000 | -6,333,000 | -4,658,000 | -2,749,000 | -253,000 | -253,000 | -253,000 | -253,000 | -253,000 | -253,000 | -253,000 | -253,000 | -253,000 | |||||||||||||||||||||
retained earnings | 161,838,000 | 157,167,000 | 151,862,000 | 150,569,000 | 145,662,000 | 143,121,000 | 136,654,000 | 133,278,000 | 128,497,000 | 129,200,000 | 128,215,000 | 125,593,000 | 122,450,000 | 118,267,000 | 113,431,000 | 104,998,000 | 88,733,000 | 74,394,000 | 67,446,000 | 60,367,000 | 49,308,000 | 44,324,000 | 40,512,000 | 37,424,000 | 32,758,000 | 26,883,000 | 22,422,000 | 16,071,000 | 15,539,000 | 11,210,000 | 11,043,000 | 7,713,000 | 7,397,000 | 8,427,000 | 8,030,000 | 5,932,000 | 7,446,336 | 9,973,790 | 10,146,282 | 8,478,837 | 7,326,728 | 6,317,473 | 4,946,954 | 1,943,530 | |||||||
accumulated other comprehensive loss | -4,026,000 | -3,304,000 | -4,173,000 | -3,211,000 | -5,808,000 | -5,817,000 | -2,906,000 | -3,546,000 | -3,087,000 | -1,936,000 | -3,333,000 | -2,205,000 | -3,251,000 | -3,373,000 | -4,274,000 | -394,547 | |||||||||||||||||||||||||||||||||||
total radiant logistics, inc. stockholders’ equity | 234,338,000 | 229,828,000 | 225,692,000 | 226,016,000 | 218,238,000 | 214,449,000 | 212,371,000 | 209,362,000 | 205,971,000 | 206,877,000 | 206,684,000 | 204,870,000 | 205,939,000 | 201,093,000 | 198,160,000 | 194,377,000 | 184,334,000 | 168,988,000 | 165,607,000 | 161,110,000 | 150,880,000 | 145,080,000 | 138,304,000 | 137,366,000 | 132,228,000 | 127,034,000 | 122,483,000 | 133,967,000 | 133,472,000 | 128,561,000 | 127,737,000 | 123,321,000 | 123,412,000 | 123,928,000 | 123,446,000 | 120,721,000 | 122,329,085 | 123,905,394 | 84,431,386 | 44,383,127 | 42,253,211 | 40,883,669 | 39,290,614 | 15,817,238 | |||||||
noncontrolling interest | 111,000 | 108,000 | 1,468,000 | 69,000 | |||||||||||||||||||||||||||||||||||||||||||||||
total equity | 234,449,000 | 229,936,000 | 227,160,000 | 226,085,000 | 218,317,000 | 214,548,000 | 212,488,000 | 209,509,000 | 206,149,000 | 207,117,000 | 207,139,000 | 205,096,000 | 206,408,000 | 201,291,000 | 198,344,000 | 194,557,000 | 185,185,000 | 169,293,000 | 165,986,000 | 161,403,000 | 151,023,000 | 145,236,000 | 138,534,000 | 138,175,000 | 132,466,000 | 127,280,000 | 122,856,000 | 134,199,000 | 133,614,000 | ||||||||||||||||||||||
total liabilities and equity | 431,211,000 | 439,447,000 | 445,329,000 | 426,774,000 | 414,502,000 | 386,761,000 | 375,258,000 | 371,185,000 | 363,966,000 | 363,044,000 | 377,826,000 | 393,741,000 | 433,930,000 | 469,859,000 | 456,514,000 | 497,351,000 | 554,934,000 | 490,575,000 | 383,074,000 | 357,241,000 | 328,354,000 | 300,208,000 | 288,862,000 | 300,040,000 | 304,385,000 | 267,710,000 | 271,454,000 | 294,043,000 | 305,438,000 | ||||||||||||||||||||||
non-controlling interest | 79,000 | 99,000 | 117,000 | 147,000 | 178,000 | 240,000 | 455,000 | 226,000 | 469,000 | 198,000 | 184,000 | 180,000 | 851,000 | 305,000 | 379,000 | 293,000 | 143,000 | 156,000 | 230,000 | 809,000 | 238,000 | 246,000 | 373,000 | 232,000 | 142,000 | 108,000 | 86,000 | 114,000 | 53,000 | 80,000 | 66,000 | 50,000 | 47,401 | 76,702 | 61,588 | 85,811 | 45,202 | 41,165 | 56,844 | 67,523 | |||||||||||
income tax payable | 369,000 | 2,639,000 | 2,050,000 | 547,000 | 4,035,000 | 4,271,000 | 1,411,000 | 134,000 | 2,713,000 | 357,000 | 384,000 | ||||||||||||||||||||||||||||||||||||||||
current portion of notes payable | 639,000 | 1,826,000 | 2,903,000 | 4,107,000 | 4,580,000 | 4,495,000 | 4,331,000 | 4,575,000 | 4,632,000 | 4,508,000 | 4,419,000 | 4,446,000 | 4,316,000 | 4,188,000 | 3,937,000 | 3,800,000 | 3,609,000 | 4,088,000 | 3,953,000 | 3,946,000 | 3,726,000 | 3,446,000 | 3,527,000 | 3,548,000 | 3,382,000 | 2,463,000 | 2,406,000 | 2,419,000 | 1,537,628 | 1,048,624 | 543,086 | 166,127 | 767,091 | ||||||||||||||||||
notes payable, net of current portion | 28,057,000 | 49,191,000 | 40,300,000 | 66,719,000 | 109,025,000 | 92,091,000 | 37,690,000 | 24,000,000 | 24,766,000 | 26,822,000 | 27,330,000 | 48,091,000 | 58,619,000 | 32,500,000 | 36,232,000 | 41,475,000 | 43,197,000 | 41,438,000 | 44,174,000 | 42,083,000 | 37,040,000 | 30,206,000 | 26,058,000 | 29,760,000 | 47,851,343 | 46,141,261 | 85,892,515 | 9,131,214 | |||||||||||||||||||||||
long-term restricted cash | 595,000 | 593,000 | 581,000 | 625,000 | 642,000 | 635,000 | |||||||||||||||||||||||||||||||||||||||||||||
deferred income taxes | 2,304,000 | 4,328,000 | 5,984,000 | 6,482,000 | 7,629,000 | 8,528,000 | 3,814,000 | 4,021,000 | 6,312,000 | 7,058,000 | 7,399,000 | 7,484,000 | 6,301,000 | 7,838,000 | 7,873,000 | 8,297,000 | 8,665,000 | ||||||||||||||||||||||||||||||||||
current portion of operating lease liability | 11,102,000 | 10,027,000 | 7,641,000 | 7,290,000 | 7,326,000 | 7,266,000 | 6,989,000 | 6,429,000 | 5,141,000 | 5,645,000 | 6,121,000 | 6,476,000 | |||||||||||||||||||||||||||||||||||||||
current portion of finance lease liability | 536,000 | 538,000 | 577,000 | 627,000 | 676,000 | 722,000 | 743,000 | 739,000 | 719,000 | 698,000 | 688,000 | 686,000 | |||||||||||||||||||||||||||||||||||||||
operating lease liability, net of current portion | 53,428,000 | 38,712,000 | 37,776,000 | 36,730,000 | 32,496,000 | 32,578,000 | 34,899,000 | 20,080,000 | 5,555,000 | 6,593,000 | 7,192,000 | 6,862,000 | |||||||||||||||||||||||||||||||||||||||
finance lease liability, net of current portion | 953,000 | 1,084,000 | 1,223,000 | 1,363,000 | 1,497,000 | 1,635,000 | 1,809,000 | 1,988,000 | 2,143,000 | 2,307,000 | 2,476,000 | 2,668,000 | |||||||||||||||||||||||||||||||||||||||
accumulated other comprehensive income | -796,000 | 698,000 | 219,000 | 102,000 | 1,141,000 | 618,000 | 51,000 | 445,000 | 864,000 | 187,000 | 401,000 | -119,000 | 186,000 | -84,000 | -530,000 | -740,000 | 65,000 | 528,000 | 638,000 | 319,000 | 1,026,938 | 460,050 | |||||||||||||||||||||||||||||
stockholders' equity: | |||||||||||||||||||||||||||||||||||||||||||||||||||
deferred rent liability | 862,000 | 923,000 | 987,000 | 1,020,000 | 1,022,000 | 940,000 | 980,000 | 857,000 | 854,000 | 902,000 | 934,000 | 931,840 | 908,360 | 1,143,749 | 705,740 | 688,708 | 560,248 | 566,676 | 572,097 | 577,517 | 583,401 | 586,658 | 588,906 | 671,643 | |||||||||||||||||||||||||||
technology and equipment | 20,127,000 | 19,983,000 | 19,125,000 | 18,566,000 | 16,417,000 | 16,131,000 | 15,607,000 | 15,227,000 | 13,133,000 | 12,653,000 | 12,114,000 | ||||||||||||||||||||||||||||||||||||||||
current portion of transition and lease termination liability | 215,000 | 1,385,000 | 1,251,000 | 1,300,000 | 1,343,000 | 1,210,000 | 1,301,000 | 1,571,000 | 1,809,000 | 1,509,761 | 1,508,416 | 282,849 | |||||||||||||||||||||||||||||||||||||||
transition and lease termination liability, net of current portion | 47,000 | 168,000 | 402,000 | 622,000 | 804,000 | 318,000 | 384,000 | 463,000 | 857,112 | 1,051,024 | 923 | ||||||||||||||||||||||||||||||||||||||||
preferred stock, 0.001 par value... | 1,000 | 1,000 | 1,000 | 1,000 | 1,000 | 1,000 | 1,000 | 1,000 | 1,000 | 839 | 839 | 839 | 839 | 839 | 839 | 839 | |||||||||||||||||||||||||||||||||||
transition and lease termination liability | 399,000 | 1,094,000 | |||||||||||||||||||||||||||||||||||||||||||||||||
total long-term assets | 133,598,000 | 136,160,000 | 138,720,000 | 143,466,000 | 144,593,000 | 131,537,000 | 133,501,000 | 135,671,000 | 141,431,322 | 146,315,395 | 149,051,396 | 46,530,864 | 45,474,039 | 43,928,154 | 45,406,425 | 43,139,135 | 25,177,216 | 25,592,753 | |||||||||||||||||||||||||||||||||
income tax deposit | 1,848,000 | 1,677,000 | 658,000 | 432,000 | 1,585,000 | 616,000 | 157,000 | 4,954,723 | 3,951,106 | 4,102,191 | 215,278 | 162,136 | 150,544 | 688,163 | |||||||||||||||||||||||||||||||||||||
acquired intangibles | 67,736,000 | 70,113,000 | 73,311,000 | 74,729,000 | 65,758,000 | 67,833,000 | 69,917,000 | 76,088,477 | 80,760,131 | 82,954,682 | 15,659,133 | 16,072,505 | 15,041,988 | 16,147,139 | 15,599,346 | 8,530,683 | 9,231,163 | 9,958,267 | 10,742,889 | 12,719,812 | 1,942,729 | 2,095,685 | |||||||||||||||||||||||||||||
liabilities and stockholders' equity | |||||||||||||||||||||||||||||||||||||||||||||||||||
accounts payable and accrued transportation costs | 81,559,000 | 82,680,000 | 85,008,000 | 85,490,000 | 71,911,000 | 81,254,000 | 84,541,000 | 79,819,306 | 89,953,547 | 92,735,266 | 46,381,078 | 44,919,540 | 48,299,922 | 37,833,939 | 36,929,007 | 33,424,145 | 35,767,785 | 32,986,525 | 36,647,528 | 30,727,318 | |||||||||||||||||||||||||||||||
commissions payable | 11,682,000 | 11,202,000 | 11,466,000 | 10,843,000 | 9,065,000 | 13,223,000 | 10,085,000 | 11,504,009 | 9,004,134 | 9,449,047 | 5,432,427 | 6,105,158 | 5,569,671 | 5,447,156 | 5,308,050 | 4,914,736 | 6,086,324 | 5,701,747 | 2,380,405 | 3,919,768 | 976,479 | 658,632 | |||||||||||||||||||||||||||||
other accrued costs | 4,901,000 | 4,646,000 | 5,302,000 | 4,778,000 | 4,628,000 | 4,054,000 | 5,772,000 | 5,384,248 | 7,307,532 | 7,022,242 | 3,092,672 | 2,934,417 | 2,517,415 | 2,488,639 | 2,340,752 | 2,241,762 | 2,176,567 | 2,161,010 | 2,036,562 | 2,167,082 | 154,356 | 145,475 | |||||||||||||||||||||||||||||
deferred tax liability | 7,281,000 | 7,538,000 | 10,205,000 | 10,826,000 | 11,954,000 | 11,984,000 | 12,151,000 | 15,502,503 | 17,269,192 | 17,544,417 | 1,435,134 | 2,125,583 | 2,774,506 | 2,874,718 | 2,902,426 | 39,416 | 73,433 | 183,183 | 660,528 | 712,533 | |||||||||||||||||||||||||||||||
total stockholders’ equity | 128,669,000 | 127,823,000 | 123,435,000 | 123,465,000 | 124,008,000 | 123,512,000 | 120,771,000 | 122,376,486 | 123,982,096 | 84,492,974 | 44,468,938 | 42,298,413 | 40,924,834 | 39,347,458 | 15,884,761 | 7,077,548 | 7,004,789 | ||||||||||||||||||||||||||||||||||
total liabilities and stockholders’ equity | 286,485,000 | 290,473,000 | 295,285,000 | 289,540,000 | 263,084,000 | 270,870,000 | 277,633,000 | 295,100,400 | 306,876,055 | 308,706,200 | 120,946,012 | 119,491,561 | 120,014,233 | 107,390,470 | 83,752,816 | ||||||||||||||||||||||||||||||||||||
employee and other receivables | 215,000 | 271,000 | 251,000 | 369,000 | 338,000 | 396,000 | 120,378 | 206,542 | |||||||||||||||||||||||||||||||||||||||||||
due to former shareholders of acquired operations | 683,593 | ||||||||||||||||||||||||||||||||||||||||||||||||||
deferred compensation | -1,976 | -2,905 | -4,166 | -5,426 | -7,948 | -9,209 | -10,469 | -14,252 | |||||||||||||||||||||||||||||||||||||||||||
deferred tax asset | 1,977,433 | 1,961,703 | 1,977,433 | 818,270 | 521,483 | 925,208 | 856,926 | 837,391 | 1,025,184 | 908,564 | 998,894 | 1,067,979 | 760,416 | 284,078 | 296,013 | ||||||||||||||||||||||||||||||||||||
furniture and equipment | 13,312,694 | 13,015,647 | 13,175,890 | 3,076,505 | 1,613,859 | 1,265,107 | 1,327,858 | 1,376,020 | 1,203,877 | 1,289,818 | 1,419,643 | 1,548,941 | 1,674,977 | ||||||||||||||||||||||||||||||||||||||
current portion of employee and other receivables | 110,728 | 112,464 | 207,503 | 232,791 | 264,725 | 469,150 | 322,104 | 328,123 | 320,695 | 311,421 | |||||||||||||||||||||||||||||||||||||||||
employee and other receivables, net of current portion | 5,000 | 5,205 | 11,864 | 22,070 | 26,892 | 37,742 | 57,085 | 72,433 | 112,963 | 114,039 | |||||||||||||||||||||||||||||||||||||||||
income taxes payable | 97,936 | 436,328 | 744,943 | 830,043 | 361,571 | 115,531 | 213,432 | 719,319 | |||||||||||||||||||||||||||||||||||||||||||
current portion of lease termination liability | 333,032 | 328,618 | 319,826 | 324,377 | 303,862 | 303,391 | 305,496 | 441,464 | 836,153 | ||||||||||||||||||||||||||||||||||||||||||
lease termination liability, net of current portion | 1,842 | 148,731 | 198,502 | 294,226 | 364,868 | 456,737 | 505,353 | 574,516 | 649,045 | ||||||||||||||||||||||||||||||||||||||||||
note payable | 7,449,964 | ||||||||||||||||||||||||||||||||||||||||||||||||||
notes payable and other long-term debt, net of current portion and debt discount | 7,243,371 | 5,193,580 | 8,713,630 | 23,739,415 | 17,213,424 | 16,680,626 | 16,003,020 | 21,293,912 | |||||||||||||||||||||||||||||||||||||||||||
liabilities and stockholders’ equity | |||||||||||||||||||||||||||||||||||||||||||||||||||
current portion of notes payable to former shareholders of acquired operations | 2,767,091 | ||||||||||||||||||||||||||||||||||||||||||||||||||
amounts due to former shareholders of acquired operations | 1,369,613 | 1,645,904 | |||||||||||||||||||||||||||||||||||||||||||||||||
current portion of notes payable to former shareholders of dba | 767,091 | 767,091 | 767,092 | 767,092 | 767,092 | ||||||||||||||||||||||||||||||||||||||||||||||
stockholders’ equity: | |||||||||||||||||||||||||||||||||||||||||||||||||||
total long term assets | 26,504,247 | 27,882,343 | 27,439,381 | 7,515,003 | 7,043,446 | ||||||||||||||||||||||||||||||||||||||||||||||
other long term liabilities | 36,318 | 36,318 | 106,321 | ||||||||||||||||||||||||||||||||||||||||||||||||
total long term liabilities | 23,265,118 | 23,392,289 | 28,919,859 | 2,471,017 | 1,879,676 | ||||||||||||||||||||||||||||||||||||||||||||||
current portion of employee loan receivable | 30,755 | ||||||||||||||||||||||||||||||||||||||||||||||||||
current portion of station and other receivables | 79,551 | ||||||||||||||||||||||||||||||||||||||||||||||||||
employee loan receivable, net of current portion | 87,520 | ||||||||||||||||||||||||||||||||||||||||||||||||||
station and other receivables, net of current portion | 86,488 | ||||||||||||||||||||||||||||||||||||||||||||||||||
investment in real estate | 40,000 | 40,000 | 40,000 | ||||||||||||||||||||||||||||||||||||||||||||||||
current portion of amounts due to former shareholders of acquired operations | 2,095,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||
current assets - | |||||||||||||||||||||||||||||||||||||||||||||||||||
accounts of 226,199 and 202,830 respectfully | 11,647,432 | ||||||||||||||||||||||||||||||||||||||||||||||||||
other receivables | 41,600 | 40,400 | |||||||||||||||||||||||||||||||||||||||||||||||||
technology, furniture and equipment | 577,894 | 550,757 | |||||||||||||||||||||||||||||||||||||||||||||||||
employee loan receivable | 80,000 | 80,000 | |||||||||||||||||||||||||||||||||||||||||||||||||
current liabilities - | |||||||||||||||||||||||||||||||||||||||||||||||||||
accrued transportation costs | 2,616,098 | 2,022,556 | |||||||||||||||||||||||||||||||||||||||||||||||||
long term debt | 1,810,489 | 1,167,143 | |||||||||||||||||||||||||||||||||||||||||||||||||
minority interest | 12,018 | ||||||||||||||||||||||||||||||||||||||||||||||||||
commitments & contingencies | |||||||||||||||||||||||||||||||||||||||||||||||||||
no shares issued or outstanding | |||||||||||||||||||||||||||||||||||||||||||||||||||
issued and outstanding: 33,961,639 at march 31, 2007 | |||||||||||||||||||||||||||||||||||||||||||||||||||
and 33,611,639 at june 30, 2006 | 15,417 | 15,417 | |||||||||||||||||||||||||||||||||||||||||||||||||
accumulated deficit | -46,755 | ||||||||||||||||||||||||||||||||||||||||||||||||||
accounts of 201,682 and 202,830 respectfully | |||||||||||||||||||||||||||||||||||||||||||||||||||
current portion of employee loan receivable and | |||||||||||||||||||||||||||||||||||||||||||||||||||
issued and outstanding: 33,961,639 at december 31, 2006 |
Cashflow Statements:
Quarterly
Annual
| Unit: USD | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 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 | 2018-06-30 | 2018-03-31 | 2017-12-31 | 2017-09-30 | 2015-12-31 | 2015-09-30 | 2015-06-30 | 2014-09-30 | 2014-06-30 | 2014-03-31 | 2013-12-31 | 2013-09-30 | 2007-03-31 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
operating activities: | |||||||||||||||||||||||||||||||||||||
net income | 4,568,000 | 5,220,000 | 1,275,000 | 4,933,000 | 2,572,000 | 6,509,000 | 3,424,000 | 4,846,000 | -615,000 | 1,115,000 | 2,851,000 | 3,260,000 | 4,544,000 | 4,925,000 | 8,512,000 | 16,207,000 | 15,095,000 | 7,024,000 | 7,165,000 | 11,284,000 | 5,061,000 | 3,888,000 | 3,229,000 | 6,227,000 | 4,947,000 | 700,000 | 3,898,000 | 888,000 | 354,010 | 2,196,608 | 1,542,701 | 2,129,210 | 1,697,435 | 263,573 | 1,091,737 | 23,505 | |
adjustments to reconcile net income to net cash from operating activities | |||||||||||||||||||||||||||||||||||||
share-based compensation | 577,000 | 508,000 | 424,000 | 361,000 | 470,000 | -1,813,000 | 163,000 | 85,000 | 951,000 | 694,000 | 881,000 | 671,000 | 544,000 | 679,000 | 609,000 | 487,000 | 539,000 | 422,000 | 350,000 | 297,000 | 303,000 | 327,000 | 144,000 | 357,000 | |||||||||||||
amortization of intangible assets | 1,830,000 | 1,826,000 | 1,761,000 | 1,797,000 | 3,012,000 | 3,002,000 | 2,807,000 | 2,681,000 | 2,583,000 | 2,554,000 | 2,643,000 | 2,640,000 | 2,641,000 | 5,046,000 | 4,963,000 | 3,485,000 | 2,774,000 | 2,605,000 | 2,521,000 | 2,522,000 | 2,523,000 | 2,537,000 | 2,538,000 | 2,541,000 | |||||||||||||
depreciation and amortization of property, technology, and equipment | 1,784,000 | 1,740,000 | 1,765,000 | 1,803,000 | 1,924,000 | 2,036,000 | 1,998,000 | 1,984,000 | 1,957,000 | 1,811,000 | 1,882,000 | 1,818,000 | 1,908,000 | 1,869,000 | 1,815,000 | 1,845,000 | 1,910,000 | 1,845,000 | 1,731,000 | 1,702,000 | 1,652,000 | 1,547,000 | 1,621,000 | 1,617,000 | |||||||||||||
deferred income tax expense | 114,000 | 143,000 | 432,000 | -51,000 | 239,000 | ||||||||||||||||||||||||||||||||
amortization of debt issuance costs | 100,000 | 100,000 | 100,000 | 100,000 | 100,000 | 100,000 | 100,000 | 100,000 | 129,000 | 131,000 | 124,000 | 137,000 | 123,000 | 140,000 | 110,000 | 123,000 | 124,000 | 126,000 | 127,000 | 129,000 | 129,000 | 160,000 | 104,000 | 27,000 | |||||||||||||
change in fair value of contingent consideration | -3,700,000 | -90,000 | 200,000 | -1,641,000 | 250,000 | -1,300,000 | 200,000 | 0 | 0 | -204,000 | -246,000 | -259,000 | -697,000 | 150,000 | 160,000 | 160,000 | 152,000 | 0 | 2,500,000 | 1,700,000 | |||||||||||||||||
change in fair value of interest rate swap contracts | 0 | 291,000 | 301,000 | 440,000 | 294,000 | 170,000 | 531,000 | 202,000 | |||||||||||||||||||||||||||||
other | 438,000 | -139,000 | 1,374,000 | 222,000 | 3,000 | 1,416,000 | 13,000 | -1,318,000 | 97,000 | 765,000 | 151,000 | 653,000 | 149,000 | -244,000 | 31,000 | 835,000 | 1,041,000 | 197,000 | 78,000 | -60,000 | |||||||||||||||||
changes in operating assets and liabilities: | |||||||||||||||||||||||||||||||||||||
accounts receivable | 3,850,000 | 8,618,000 | -10,947,000 | 977,000 | -15,174,000 | 7,409,000 | -1,595,000 | -11,283,000 | 1,140,000 | 9,818,000 | 9,760,000 | 30,732,000 | 19,429,000 | 27,660,000 | 19,983,000 | 17,923,000 | -47,678,000 | 1,598,000 | -26,922,000 | -6,000,000 | 16,363,477 | 1,121,172 | 1,512,411 | -2,777,402 | 2,371,614 | 2,946,902 | |||||||||||
contract assets | 262,000 | -722,000 | 1,380,000 | -279,000 | 1,601,000 | -844,000 | 234,000 | -378,000 | -29,000 | -742,000 | -305,000 | -11,616,000 | 531,000 | 16,128,000 | 11,079,000 | 15,986,000 | 13,398,000 | -39,226,000 | -4,897,000 | -1,704,000 | -548,000 | ||||||||||||||||
income tax receivable | 1,770,000 | 1,127,000 | -656,000 | -1,334,000 | 1,802,000 | 257,000 | -366,000 | ||||||||||||||||||||||||||||||
prepaid expenses, deposits, and other assets | 3,214,000 | -766,000 | 3,600,000 | -3,107,000 | -824,000 | 6,104,000 | -3,574,000 | 377,000 | 1,281,000 | -40,000 | 2,502,000 | -1,512,000 | 2,688,000 | -710,000 | 1,462,000 | 12,433,000 | -135,000 | -10,067,000 | -3,553,000 | 4,350,000 | 2,922,000 | ||||||||||||||||
operating lease right-of-use assets | 3,258,000 | 3,135,000 | 3,063,000 | 2,951,000 | 2,825,000 | 2,781,000 | 2,771,000 | 2,675,000 | 2,729,000 | 2,922,000 | 2,944,000 | 4,710,000 | 1,519,000 | 3,906,000 | 803,000 | ||||||||||||||||||||||
accounts payable | -399,000 | -6,068,000 | 2,733,000 | -372,000 | 4,687,000 | -8,615,000 | -708,000 | 3,445,000 | -839,000 | -9,305,000 | -4,091,000 | -10,172,000 | -12,697,000 | -14,382,000 | -16,659,000 | -43,403,000 | 28,880,000 | 30,897,000 | 10,055,000 | 3,548,000 | 8,175,000 | 4,902,000 | 7,453,000 | 765,335 | |||||||||||||
operating partner commissions payable | 409,000 | -860,000 | 788,000 | -63,000 | 406,000 | -1,703,000 | -1,391,000 | 212,000 | -1,477,000 | 215,000 | -4,118,000 | 1,440,000 | -3,378,000 | 1,268,000 | 299,000 | 1,407,000 | -3,357,000 | 3,750,000 | 1,866,000 | 1,486,000 | -1,225,000 | 2,737,000 | 1,650,000 | ||||||||||||||
accrued expenses and other liabilities | -106,000 | 1,875,000 | -1,399,000 | 450,000 | -6,091,000 | 3,005,000 | -1,725,000 | 1,076,000 | -920,000 | -377,000 | 298,000 | 1,542,000 | -1,838,000 | -337,000 | -2,099,000 | 6,231,000 | -2,513,000 | -939,000 | -1,528,000 | ||||||||||||||||||
operating lease liabilities | -3,352,000 | -3,291,000 | -3,434,000 | -3,378,000 | -3,141,000 | -2,909,000 | -2,825,000 | -2,653,000 | -2,443,000 | -2,935,000 | -2,908,000 | -720,000 | |||||||||||||||||||||||||
net cash from operating activities | 14,617,000 | 12,356,000 | 2,459,000 | 3,113,000 | -5,737,000 | 15,685,000 | 205,000 | 1,259,000 | 3,908,000 | 4,202,000 | 7,886,000 | 21,790,000 | 10,559,000 | 40,865,000 | 24,681,000 | 31,815,000 | 12,714,000 | -3,855,000 | -15,797,000 | 10,401,000 | 1,786,000 | -11,531,000 | 13,444,000 | 1,366,000 | 3,325,000 | 11,043,551 | 4,639,664 | -4,325,626 | 1,615,711 | -1,545,818 | -454,025 | 7,277,315 | 1,656,222 | ||||
capital expenditures | -1,252,000 | -716,000 | -1,482,000 | -893,000 | -624,000 | -1,546,000 | -2,059,000 | -1,444,000 | -2,132,000 | -2,546,000 | -2,473,000 | -502,000 | -3,621,000 | -2,493,000 | -949,000 | -1,273,000 | -1,704,000 | -3,031,000 | -1,456,000 | -2,758,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||||
free cash flows | 13,365,000 | 11,640,000 | 977,000 | 2,220,000 | -6,361,000 | 14,139,000 | -1,854,000 | -185,000 | 1,776,000 | 1,656,000 | 5,413,000 | 21,288,000 | 6,938,000 | 38,372,000 | 23,732,000 | 30,542,000 | 11,010,000 | -6,886,000 | -17,253,000 | 7,643,000 | 1,786,000 | -11,531,000 | 13,444,000 | 1,366,000 | 3,325,000 | 11,043,551 | 4,639,664 | -4,325,626 | 1,615,711 | -1,545,818 | -454,025 | 7,277,315 | 1,656,222 | ||||
investing activities: | |||||||||||||||||||||||||||||||||||||
acquisitions, net of cash acquired | 0 | -225,000 | -4,970,000 | -2,857,000 | -9,821,000 | 0 | 0 | ||||||||||||||||||||||||||||||
purchases of property, technology, and equipment | -1,252,000 | -716,000 | -1,482,000 | -893,000 | -624,000 | -1,546,000 | -2,059,000 | -1,444,000 | -2,132,000 | -2,546,000 | -2,473,000 | -502,000 | -3,621,000 | -2,493,000 | -949,000 | -1,273,000 | -1,704,000 | -3,031,000 | -1,456,000 | -2,758,000 | |||||||||||||||||
proceeds from sale of property, technology, and equipment | 13,000 | 83,000 | 422,000 | 49,000 | 36,000 | 48,000 | 30,000 | 11,000 | 33,000 | 198,000 | 4,000 | 26,000 | 46,000 | 13,000 | 18,000 | 28,000 | 0 | 153,000 | 5,000 | 25,000 | 320,000 | 2,000 | 11,000 | 109,000 | |||||||||||||
net cash from investing activities | -1,239,000 | -858,000 | -6,030,000 | -3,701,000 | -10,409,000 | -5,910,000 | -13,473,000 | -6,286,000 | -3,958,000 | -2,448,000 | -2,469,000 | -476,000 | -3,575,000 | -5,730,000 | -931,000 | -1,245,000 | -5,556,000 | -37,426,000 | -1,451,000 | -2,733,000 | -6,978,044 | -43,677 | |||||||||||||||
financing activities: | |||||||||||||||||||||||||||||||||||||
proceeds from revolving credit facility | 0 | 0 | 10,000,000 | 10,000,000 | 20,000,000 | 10,000,000 | 5,200,000 | 0 | 0 | 10,000,000 | 57,500,000 | 0 | 36,025,000 | 55,658,000 | 24,461,000 | 6,102,000 | |||||||||||||||||||||
repayments of revolving credit facility | -5,000,000 | -5,000,000 | -27,525,000 | -20,000,000 | 0 | -82,500,000 | |||||||||||||||||||||||||||||||
repayments of finance lease liabilities | |||||||||||||||||||||||||||||||||||||
repurchases of common stock | 0 | -2,659,000 | -834,000 | -90,000 | 0 | 0 | -708,000 | -1,018,000 | 0 | -2,851,000 | -230,000 | -6,063,000 | 0 | -3,660,000 | -1,340,000 | -5,090,000 | 0 | -4,581,000 | -1,675,000 | ||||||||||||||||||
payments of contingent consideration | -400,000 | -222,000 | -189,000 | 0 | 0 | 0 | 0 | 0 | |||||||||||||||||||||||||||||
distributions to noncontrolling interest | 0 | 0 | -18,000 | ||||||||||||||||||||||||||||||||||
proceeds from exercise of stock options | 0 | 112,000 | 220,000 | 2,000 | 773,000 | 426,000 | 8,000 | 2,000 | 1,000 | 2,000 | 2,000 | 150,000 | 0 | 192,000 | 1,000 | 0 | 0 | 281,000 | 126,000 | 287,000 | 0 | 1,148,000 | 11,000 | 586,000 | |||||||||||||
payments of employee tax withholdings related to restricted stock units and stock options | -16,000 | 1,000 | -465,000 | 1,000 | -4,000 | -92,000 | -470,000 | 0 | -4,000 | -34,000 | -333,000 | -16,000 | |||||||||||||||||||||||||
net cash from financing activities | -5,489,000 | -7,777,000 | 8,832,000 | 4,293,000 | 15,334,000 | -181,000 | -1,216,000 | -1,925,000 | -1,481,000 | -4,797,000 | -1,979,000 | -35,169,000 | -21,328,000 | 5,154,000 | -28,864,000 | -48,283,000 | 16,518,000 | 48,851,000 | 11,848,000 | 1,747,000 | -11,793,000 | -440,000 | -2,885,000 | 1,136,000 | 3,540,000 | 915,282 | 140,429 | 541,696 | -5,520,589 | 2,744,796 | 6,157,980 | ||||||
effect of exchange rate changes on cash and cash equivalents | -85,000 | 57,000 | -97,000 | -818,000 | 135,000 | 1,181,000 | 66,000 | -924,000 | |||||||||||||||||||||||||||||
net increase in cash and cash equivalents | 7,804,000 | 3,778,000 | 5,164,000 | 9,481,000 | 18,144,000 | 9,895,708 | 2,962,460 | 204,905 | -1,087,956 | -7,870,623 | 3,044,067 | 7,770,525 | |||||||||||||||||||||||||
cash and cash equivalents, beginning of period | 0 | 0 | 22,942,000 | 13,696,000 | 0 | 0 | 34,841,000 | 0 | 0 | 0 | 0 | 5,808,000 | 0 | 7,268,144 | 0 | 2,880,205 | 0 | 0 | 0 | 1,024,192 | |||||||||||||||||
cash and cash equivalents, end of period | 7,804,000 | 3,778,000 | 28,106,000 | 9,477,000 | -3,054,000 | -16,612,000 | 23,881,000 | 18,144,000 | 2,767,000 | -251,000 | -1,291,000 | 5,767,000 | 9,895,708 | 10,230,604 | 5,091,250 | 3,085,110 | -1,087,956 | -7,870,623 | 3,044,067 | 8,794,717 | |||||||||||||||||
supplemental disclosure of cash flow information: | |||||||||||||||||||||||||||||||||||||
income taxes paid | 1,114,000 | 485,000 | 584,000 | 1,528,000 | 3,335,000 | 1,176,000 | 542,000 | 743,000 | 856,000 | 3,127,000 | 2,253,000 | 2,475,000 | 2,774,000 | 1,617,000 | 6,771,000 | 4,816,000 | 2,608,000 | 4,098,000 | 5,002,000 | 3,011,000 | 1,766,000 | 397,000 | 1,346,000 | 51,000 | 96,000 | 683,000 | 1,879,000 | 1,404,000 | 1,688,967 | 374,890 | 342,300 | 1,034,333 | 510,416 | 1,552,174 | 96,502 | 334,000 | 578,313 |
interest paid | 465,000 | 535,000 | 503,000 | 382,000 | 213,000 | 195,000 | 156,000 | 112,000 | 127,000 | 87,000 | 180,000 | 1,017,000 | 713,000 | 505,000 | 652,000 | 748,000 | 883,000 | 537,000 | 471,000 | 503,000 | 571,000 | 479,000 | 468,000 | 847,000 | 678,000 | 748,000 | 743,000 | 701,000 | 1,216,091 | 1,405,703 | 1,335,166 | 74,894 | 83,236 | 85,717 | 673,314 | 417,952 | 5,397 |
repayments of notes payable and finance lease liabilities | -71,000 | -71,000 | -362,000 | -195,000 | -192,000 | -168,000 | -813,000 | -1,328,000 | -1,306,000 | -1,312,000 | -1,271,000 | ||||||||||||||||||||||||||
deferred income tax benefit | -307,000 | -1,949,000 | 1,303,000 | -1,141,000 | -348,000 | 685,000 | -2,512,000 | -1,168,000 | -498,000 | -1,685,000 | -384,000 | -327,000 | -207,000 | -2,220,000 | -53,597 | -150,637 | |||||||||||||||||||||
payment of contingent consideration | 0 | 0 | 3,223,000 | -3,473,000 | 0 | 0 | 0 | 0 | |||||||||||||||||||||||||||||
payments of debt issuance costs | 0 | 0 | -13,000 | -106,000 | -84,000 | 0 | -79,000 | -741,000 | |||||||||||||||||||||||||||||
net decrease in cash and cash equivalents | -4,219,000 | ||||||||||||||||||||||||||||||||||||
cash and cash equivalents, beginning of year | |||||||||||||||||||||||||||||||||||||
cash and cash equivalents, end of year | |||||||||||||||||||||||||||||||||||||
distributions to non-controlling interest | -51,000 | -96,000 | -150,000 | -360,000 | -90,000 | ||||||||||||||||||||||||||||||||
effect of exchange rate changes on cash, cash equivalents, and restricted cash | -55,000 | -134,000 | 58,000 | 0 | -132,000 | 73,000 | -41,000 | -4,686,000 | 3,334,000 | -1,971,000 | 4,342,000 | ||||||||||||||||||||||||||
net decrease in cash, cash equivalents, and restricted cash | -772,000 | ||||||||||||||||||||||||||||||||||||
cash, cash equivalents, and restricted cash, beginning of period | 0 | 0 | 24,874,000 | 0 | 0 | 33,062,000 | 0 | 0 | 25,067,000 | 0 | |||||||||||||||||||||||||||
cash, cash equivalents, and restricted cash, end of period | -867,000 | 9,460,000 | 10,448,000 | -1,663,000 | -2,970,000 | 36,459,000 | -11,010,000 | 38,318,000 | 24,295,000 | 22,858,000 | |||||||||||||||||||||||||||
reconciliation of cash, cash equivalents, and restricted cash: | |||||||||||||||||||||||||||||||||||||
cash and cash equivalents | -867,000 | 9,460,000 | 10,448,000 | -6,359,000 | -1,650,000 | -2,984,000 | 35,867,000 | -18,552,000 | -11,012,000 | 38,306,000 | 23,714,000 | -15,604,000 | 22,851,000 | ||||||||||||||||||||||||
restricted cash | -13,000 | 14,000 | 592,000 | ||||||||||||||||||||||||||||||||||
total cash, cash equivalents, and restricted cash | -867,000 | 9,460,000 | 10,448,000 | -6,952,000 | -1,663,000 | -2,970,000 | 36,459,000 | ||||||||||||||||||||||||||||||
net increase in cash, cash equivalents, and restricted cash | 9,460,000 | -14,426,000 | -6,952,000 | -1,663,000 | -2,970,000 | 3,397,000 | -18,541,000 | -11,010,000 | -15,621,000 | ||||||||||||||||||||||||||||
acquisition, net of cash acquired | -11,444,000 | ||||||||||||||||||||||||||||||||||||
repayment of revolving credit facility | -5,000,000 | -41,000,000 | -18,000,000 | -158,000 | -9,461,000 | -1,371,000 | |||||||||||||||||||||||||||||||
distribution to non-controlling interest | -78,000 | -75,000 | -780,000 | -210,000 | -75,000 | ||||||||||||||||||||||||||||||||
income taxes | 1,065,000 | -2,109,000 | -1,610,000 | -863,000 | |||||||||||||||||||||||||||||||||
payments to acquire businesses | -4,853,000 | -1,859,000 | |||||||||||||||||||||||||||||||||||
cash, cash equivalents, and restricted cash, beginning of year | |||||||||||||||||||||||||||||||||||||
cash, cash equivalents, and restricted cash, end of year | |||||||||||||||||||||||||||||||||||||
income tax payable | |||||||||||||||||||||||||||||||||||||
proceeds from sale of common stock | 0 | 0 | 0 | ||||||||||||||||||||||||||||||||||
reconciliation of cash, cash equivalents and restricted cash: | |||||||||||||||||||||||||||||||||||||
income tax receivable/payable | 592,000 | 1,528,000 | -3,562,000 | -332,000 | 2,868,000 | -838,000 | -2,583,000 | 2,381,000 | -7,000 | ||||||||||||||||||||||||||||
long-term restricted cash | 2,000 | 12,000 | 581,000 | -17,000 | 7,000 | ||||||||||||||||||||||||||||||||
total cash, cash equivalents, and restricted cash, end of period | -11,010,000 | 38,318,000 | 24,295,000 | -15,621,000 | 22,858,000 | ||||||||||||||||||||||||||||||||
operating lease liability | -3,093,000 | -2,327,000 | |||||||||||||||||||||||||||||||||||
repayments of notes payable and finance lease liability | -1,209,000 | -1,267,000 | -1,288,000 | -1,286,000 | -1,269,000 | -1,259,000 | -1,260,000 | ||||||||||||||||||||||||||||||
payments of employee tax withholdings related to restricted stock awards and stock options | -15,000 | -442,000 | |||||||||||||||||||||||||||||||||||
gain on forgiveness of debt | -4,573,000 | ||||||||||||||||||||||||||||||||||||
payments to acquire navegate, inc., net of cash acquired | |||||||||||||||||||||||||||||||||||||
payments of employee tax withholdings related to vesting of restricted stock awards | 0 | 0 | -50,000 | -342,000 | 0 | ||||||||||||||||||||||||||||||||
payments of employee tax withholdings related to cashless exercise of stock options | -125,000 | -11,000 | -1,000 | -2,000 | -27,000 | ||||||||||||||||||||||||||||||||
payments to acquire intangible assets | -3,852,000 | ||||||||||||||||||||||||||||||||||||
net increase in cash,cash equivalents, and restricted cash | |||||||||||||||||||||||||||||||||||||
accrued and other liabilities | -2,741,000 | ||||||||||||||||||||||||||||||||||||
proceeds from notes payable | 25,000,000 | ||||||||||||||||||||||||||||||||||||
prepaid expenses, deposits and other assets | 3,251,000 | -880,000 | 1,045,000 | -344,000 | 712,000 | 182,607 | 590,043 | -266,882 | |||||||||||||||||||||||||||||
transition, lease termination, and other costs | 172,000 | ||||||||||||||||||||||||||||||||||||
gain on disposal of property, technology, and equipment | |||||||||||||||||||||||||||||||||||||
change in allowance for doubtful accounts | |||||||||||||||||||||||||||||||||||||
changes in operating assets and liabilities net of business acquisitions: | |||||||||||||||||||||||||||||||||||||
payments of preferred stock dividends | |||||||||||||||||||||||||||||||||||||
payment for preferred stock redemption | |||||||||||||||||||||||||||||||||||||
change in (recovery of) allowance for doubtful accounts | |||||||||||||||||||||||||||||||||||||
proceeds from (repayments to) revolving credit facility | |||||||||||||||||||||||||||||||||||||
depreciation and amortization of technology and equipment | |||||||||||||||||||||||||||||||||||||
transition and lease termination costs | 69,000 | 0 | 0 | 107,000 | 420,037 | 2,521,972 | |||||||||||||||||||||||||||||||
gain on disposal of technology and equipment | |||||||||||||||||||||||||||||||||||||
accrued expenses | |||||||||||||||||||||||||||||||||||||
other liabilities | -223,000 | 108,000 | -21,000 | 473,000 | 268,197 | ||||||||||||||||||||||||||||||||
deferred rent liability | -26,000 | 75,000 | -23,000 | 112,000 | 234,359 | -5,420 | -5,884 | ||||||||||||||||||||||||||||||
transition and lease termination liability | |||||||||||||||||||||||||||||||||||||
purchases of technology and equipment | |||||||||||||||||||||||||||||||||||||
proceeds from sale of technology and equipment | 47,000 | 19,000 | 27,000 | 41,000 | |||||||||||||||||||||||||||||||||
payment for acquisition of intangible assets | |||||||||||||||||||||||||||||||||||||
proceeds from (repayments to) credit facility | |||||||||||||||||||||||||||||||||||||
repayments of notes payable | -2,000,000 | ||||||||||||||||||||||||||||||||||||
loss on disposal of technology and equipment | |||||||||||||||||||||||||||||||||||||
payments to former shareholders of acquired businesses | |||||||||||||||||||||||||||||||||||||
proceeds from credit facility | 1,070,000 | 4,975,000 | |||||||||||||||||||||||||||||||||||
cash flows from operating activities | |||||||||||||||||||||||||||||||||||||
share-based compensation expense | 386,000 | 380,000 | 350,000 | 368,097 | 390,099 | 382,588 | 204,729 | 189,170 | 199,741 | 143,998 | 133,189 | ||||||||||||||||||||||||||
amortization of intangibles | 2,490,000 | 2,443,000 | 2,494,000 | 2,217,829 | 2,194,551 | 2,157,451 | 1,151,483 | 1,105,151 | 1,100,207 | 1,107,337 | 700,480 | 152,956 | |||||||||||||||||||||||||
depreciation and leasehold amortization | 1,151,000 | 1,124,000 | 1,081,000 | 901,025 | 910,448 | 542,841 | 127,598 | 122,627 | 132,396 | 134,319 | 129,618 | ||||||||||||||||||||||||||
amortization of loan fees | 61,000 | 61,000 | 62,000 | ||||||||||||||||||||||||||||||||||
change in contingent consideration | -17,567 | -195,000 | |||||||||||||||||||||||||||||||||||
change in (recovery of) benefit from doubtful accounts | |||||||||||||||||||||||||||||||||||||
change in operating assets and liabilities: | |||||||||||||||||||||||||||||||||||||
income tax deposit | 207,899 | ||||||||||||||||||||||||||||||||||||
accounts payable and accrued transportation costs | -91,902 | 10,465,983 | 904,932 | 1,909,558 | -2,343,640 | ||||||||||||||||||||||||||||||||
commissions payable | 480,000 | -264,000 | 623,000 | 535,487 | 393,314 | -1,171,588 | |||||||||||||||||||||||||||||||
other accrued costs | 503,000 | 331,902 | -73,955 | 380,084 | 28,776 | 147,887 | -148,323 | 65,195 | 8,881 | ||||||||||||||||||||||||||||
cash flows used for investing activities: | |||||||||||||||||||||||||||||||||||||
acquisitions during the fiscal year | |||||||||||||||||||||||||||||||||||||
payments to former shareholders of acquired operations | |||||||||||||||||||||||||||||||||||||
cash flows from financing activities: | |||||||||||||||||||||||||||||||||||||
payments of loan fees | |||||||||||||||||||||||||||||||||||||
purchases of treasury stock | |||||||||||||||||||||||||||||||||||||
employee and other receivables | 3,028 | 35,494 | 36,756 | 215,275 | -102,703 | 21,367 | |||||||||||||||||||||||||||||||
payments of employee tax withholdings related to cashless stock option exercises | |||||||||||||||||||||||||||||||||||||
change in provision for doubtful accounts | 231,000 | ||||||||||||||||||||||||||||||||||||
loss on impairment of acquired intangible assets | |||||||||||||||||||||||||||||||||||||
loss on write-off of loan fees | |||||||||||||||||||||||||||||||||||||
change in (recovery of) provision for doubtful accounts | -599,591 | 181,128 | |||||||||||||||||||||||||||||||||||
acquisitions during the fiscal year, net of cash acquired | |||||||||||||||||||||||||||||||||||||
proceeds from (repayments to) credit facility, net of credit fees | 29,060,113 | ||||||||||||||||||||||||||||||||||||
proceeds from stock offering, net of offering costs | 0 | 38,430,194 | |||||||||||||||||||||||||||||||||||
payments of shelf registration costs | |||||||||||||||||||||||||||||||||||||
tax benefit from exercise of stock options | 2,242 | 58,051 | 2,302,233 | 462,514 | 291,838 | 625,804 | |||||||||||||||||||||||||||||||
loss on disposal of fixed assets | 57,099 | 54,299 | |||||||||||||||||||||||||||||||||||
lease termination liability | -91,398 | -50,721 | |||||||||||||||||||||||||||||||||||
purchase of furniture and equipment | -25,988 | -43,677 | |||||||||||||||||||||||||||||||||||
proceeds from sale of furniture and equipment | 86,360 | 65,993 | |||||||||||||||||||||||||||||||||||
repayment of notes payable | |||||||||||||||||||||||||||||||||||||
payment of preferred stock dividends | |||||||||||||||||||||||||||||||||||||
payment of employee tax withholdings related to cashless stock option exercises | |||||||||||||||||||||||||||||||||||||
amortization of loan fees and original issue discount | 100,991 | 99,125 | 15,295 | 15,296 | 15,295 | 86,568 | 85,844 | ||||||||||||||||||||||||||||||
cash flows from operating activities: | |||||||||||||||||||||||||||||||||||||
adjustments to reconcile net income to net cash from operating activities: | |||||||||||||||||||||||||||||||||||||
loss on write-off of debt discount | 0 | 0 | |||||||||||||||||||||||||||||||||||
recovery of provision for doubtful accounts | |||||||||||||||||||||||||||||||||||||
income tax deposit and income taxes payable | 41,900 | 468,472 | |||||||||||||||||||||||||||||||||||
payment of loan fees | |||||||||||||||||||||||||||||||||||||
proceeds from preferred stock, net of offering costs | 0 | 0 | |||||||||||||||||||||||||||||||||||
lease termination costs | |||||||||||||||||||||||||||||||||||||
acquisition of on time express, inc., net of acquired cash | |||||||||||||||||||||||||||||||||||||
acquisition of trans-net, inc. | |||||||||||||||||||||||||||||||||||||
proceeds from credit facility, net of credit fees | 206,593 | 8,157,980 | |||||||||||||||||||||||||||||||||||
gain on litigation settlement | |||||||||||||||||||||||||||||||||||||
other acquisitions, net of acquired cash | |||||||||||||||||||||||||||||||||||||
adjustments to reconcile net income to net cash provided by operating activities: | |||||||||||||||||||||||||||||||||||||
change in non-controlling interest | 16,138 | 16,642 | |||||||||||||||||||||||||||||||||||
acquisitions during fiscal year 2013, net of acquired cash | |||||||||||||||||||||||||||||||||||||
repayments to credit facility, net of credit fees | |||||||||||||||||||||||||||||||||||||
deferred income tax | |||||||||||||||||||||||||||||||||||||
acquisitions during fiscal year 2013, net of acquired cash of 3,278 | |||||||||||||||||||||||||||||||||||||
acquisition of isla international, ltd. | |||||||||||||||||||||||||||||||||||||
acquisition of brunswicks logistics, inc. d/b/a/ albs logistics, inc. | |||||||||||||||||||||||||||||||||||||
proceeds from debt issuance to caltius, net of debt issuance costs of 637,407 | |||||||||||||||||||||||||||||||||||||
repayments of notes payable to former shareholders of dba | |||||||||||||||||||||||||||||||||||||
cost of shelf registration statement | |||||||||||||||||||||||||||||||||||||
repayment of notes payable to former shareholders of dba | |||||||||||||||||||||||||||||||||||||
non-cash compensation expense | 49,254 | ||||||||||||||||||||||||||||||||||||
loss on litigation settlement | |||||||||||||||||||||||||||||||||||||
loss on disposal of assets | |||||||||||||||||||||||||||||||||||||
recovery of doubtful accounts | |||||||||||||||||||||||||||||||||||||
employee loan receivable | |||||||||||||||||||||||||||||||||||||
station and other receivables | |||||||||||||||||||||||||||||||||||||
prepaid expenses and other assets | |||||||||||||||||||||||||||||||||||||
income taxes payable | -505,887 | ||||||||||||||||||||||||||||||||||||
acquisition of brunswicks logistics, inc. d/b/a albs logistics, inc. | |||||||||||||||||||||||||||||||||||||
payments made to former shareholders of acquired operations | |||||||||||||||||||||||||||||||||||||
borrowings from (repayments to) credit facility, net of credit fees | |||||||||||||||||||||||||||||||||||||
repayments of notes payable to former shareholders of acquired operations | |||||||||||||||||||||||||||||||||||||
adjustments to reconcile net income to net cash | |||||||||||||||||||||||||||||||||||||
provided (used) by operating activities: | |||||||||||||||||||||||||||||||||||||
non-cash contribution to capital | |||||||||||||||||||||||||||||||||||||
non-cash issuance of common stock | |||||||||||||||||||||||||||||||||||||
amortization of deferred tax | -52,005 | ||||||||||||||||||||||||||||||||||||
depreciation | 49,238 | ||||||||||||||||||||||||||||||||||||
minority interest in income of subsidiaries | |||||||||||||||||||||||||||||||||||||
amortization of employee loan receivable | 0 | ||||||||||||||||||||||||||||||||||||
amortization of credit facility fees | |||||||||||||||||||||||||||||||||||||
benefit from doubtful accounts | |||||||||||||||||||||||||||||||||||||
change in purchased accounts receivable | 0 | ||||||||||||||||||||||||||||||||||||
change in assets and liabilities - | |||||||||||||||||||||||||||||||||||||
accounts receivables | -1,791,042 | ||||||||||||||||||||||||||||||||||||
other receivables | -1,200 | ||||||||||||||||||||||||||||||||||||
prepaid expenses and other current assets | 8,667 | ||||||||||||||||||||||||||||||||||||
accrued transportation costs | 593,542 | ||||||||||||||||||||||||||||||||||||
commission payable | 317,847 | ||||||||||||||||||||||||||||||||||||
net cash provided (used)by operating activities | |||||||||||||||||||||||||||||||||||||
acquisition of airgroup | |||||||||||||||||||||||||||||||||||||
proceeds from restricted cash | |||||||||||||||||||||||||||||||||||||
purchase of technology and equipment | -76,375 | ||||||||||||||||||||||||||||||||||||
net cash (used) for investing activities | |||||||||||||||||||||||||||||||||||||
cash flows provided (used) by financing activities: | |||||||||||||||||||||||||||||||||||||
net proceeds from issuance of common stock | |||||||||||||||||||||||||||||||||||||
net proceeds (payments) on long term debt | |||||||||||||||||||||||||||||||||||||
payment of credit facility fees | |||||||||||||||||||||||||||||||||||||
note payable for acquisition of airgroup | |||||||||||||||||||||||||||||||||||||
net cash provided (used) by financing activities | |||||||||||||||||||||||||||||||||||||
net increase in cash | 128,602 | ||||||||||||||||||||||||||||||||||||
cash, beginning of the period | 0 | ||||||||||||||||||||||||||||||||||||
cash, end of period | 128,602 | ||||||||||||||||||||||||||||||||||||
provided by operating activities: | |||||||||||||||||||||||||||||||||||||
amortization of credit facility | |||||||||||||||||||||||||||||||||||||
acquisition of airgroup - see note 3 | |||||||||||||||||||||||||||||||||||||
net payments on long term debt | |||||||||||||||||||||||||||||||||||||
proceeds from stockholder’s notes payable | |||||||||||||||||||||||||||||||||||||
net cash provided byfinancing activities | |||||||||||||||||||||||||||||||||||||
current assets | |||||||||||||||||||||||||||||||||||||
furniture and equipment | |||||||||||||||||||||||||||||||||||||
other assets | |||||||||||||||||||||||||||||||||||||
goodwill and other intangibles | |||||||||||||||||||||||||||||||||||||
total acquired assets | |||||||||||||||||||||||||||||||||||||
current liabilities assumed | |||||||||||||||||||||||||||||||||||||
long term deferred tax liability | |||||||||||||||||||||||||||||||||||||
total acquired liabilities | |||||||||||||||||||||||||||||||||||||
net assets acquired |
