Company: PAMT
Filing Date: 2025-03-12
Form Type: 10-K
Source: 0001437749-25-007273
Chunk: 364

Company: PAMT CORP
Filing Date: 2025-03-12
Form: 10-K
Item: Item 3
Chunk 364
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 Salaries, wages and benefits   174,491   186,223   181,918 
 Operating supplies and expenses   136,975   160,527   166,005 
 Rents and purchased transportation   289,393   315,647   364,971 
 Depreciation   99,264   64,605   62,806 
 Impairment Loss   6,406   -   - 
 Insurance and claims   19,778   30,769   32,516 
 Other   24,338   23,769   18,128 
 Loss (gain) on disposition of equipment   766   (1,043)  (3,250)
             
 Total operating expenses and costs   751,411   780,497   823,094 
             
 OPERATING (LOSS) INCOME   (36,765)  30,310   123,768 
             
 NON-OPERATING INCOME   8,459   7,446   3,168 
 INTEREST EXPENSE   (13,240)  (9,177)  (7,929)
             
 (LOSS) INCOME BEFORE INCOME TAXES   (41,546)  28,579   119,007 
             
 FEDERAL & STATE INCOME TAX (BENEFIT) EXPENSE:             
 Current   2,034   7,277   13,794 
 Deferred   (11,785)  2,886   14,541 
             
 Total federal & state income tax (benefit) expense   (9,751)  10,163   28,335 
             
 NET (LOSS) INCOME  $(31,795) $18,416  $90,672 
             
 (LOSS) EARNINGS PER COMMON SHARE:             
 Basic  $(1.45) $0.83  $4.08 
 Diluted  $(1.45) $0.83  $4.04 
             
 AVERAGE COMMON SHARES OUTSTANDING:             
 Basic   21,878   22,056   22,246 
 Diluted   21,878   22