Company: PAMT
Filing Date: 2025-11-05
Form Type: 10-Q
Source: 0001437749-25-033356
Chunk: 45

Company: PAMT CORP
Filing Date: 2025-11-05
Form: 10-Q
Item: Part I, Item 1
Chunk 45
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,129   189,351   221,210 
 Depreciation   19,805   17,741   64,119   55,381 
 Insurance and claims   5,047   4,768   14,995   15,093 
 Other   4,822   5,121   14,806   18,052 
 Gain on disposition of equipment   (4,003)  (209)  (11,431)  (109)
 Total operating expenses and costs   155,975   180,268   482,711   547,188 
                 
 OPERATING (LOSS)/INCOME   (5,711)  2,309   (25,971)  928 
                 
 NON-OPERATING INCOME   2,528   3,744   7,277   7,891 
 INTEREST EXPENSE   (4,479)  (2,936)  (12,553)  (9,104)
                 
 (LOSS)/INCOME BEFORE INCOME TAXES   (7,662)  3,117   (31,247)  (285)
                 
 FEDERAL AND STATE INCOME TAX (BENEFIT)/EXPENSE:                 
 Current   (4,315)  9   625   68 
 Deferred   2,240   696   (8,516)  (136)
 Total federal and state income tax (benefit)/expense   (2,075)  705   (7,891)  (68)
                 
 NET (LOSS)/INCOME  $(5,587) $2,412  $(23,356) $(217)
                 
 (LOSS)/EARNINGS PER COMMON SHARE:                 
 Basic  $(0.27) $0.11  $(1.10) $(0.01)
 Diluted  $(0.27) $0.11  $(1.10) $(0.01)
                 
 AVERAGE COMMON SHARES OUTSTANDING:                 
 Basic   20,926   21,771   21,305   21,911 
 Diluted   20,926