Company: PAMT
Filing Date: 2025-03-12
Form Type: 10-K
Source: 0001437749-25-007273
Chunk: 232

Company: PAMT CORP
Filing Date: 2025-03-12
Form: 10-K
Item: Item 1B
Chunk 232
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   4,697 
         
 TOTAL ASSETS  $741,654  $760,457 

(Continued)

See notes to consolidated financial statements.

    - 33 -

CONSOLIDATED BALANCE SHEETS

DECEMBER 31, 2024 AND 2023

(in thousands, except share and per share data)

        2024    2023  
LIABILITIES AND STOCKHOLDERS' EQUITY         
         
 CURRENT LIABILITIES:         
 Accounts payable  $31,198  $62,652 
 Accrued expenses and other liabilities   14,569   16,799 
 Current maturities of long-term debt   73,017   57,645 
         
 Total current liabilities   118,784   137,096 
         
 Long-term debt—less current portion   252,565   204,064 
 Deferred income taxes   92,547   104,331 
 Other long-term liabilities   250   750 
         
 Total liabilities   464,146   446,241 
         
 COMMITMENTS AND CONTINGENCIES (Note 16)           
         
 STOCKHOLDERS’ EQUITY         
 Preferred stock, $.01 par value, 10,000,000 shares authorized; none issued   -   - 
         
 Common stock, $.01 par value, 100,000,000 and 50,000,000 shares authorized; 22,364,120 and 22,317,671 shares issued; 21,782,534 and 22,021,341 shares outstanding at December 31, 2024 and 2023, respectively   224   223 
 Additional paid-in capital   41,171   40,825 
 Accumulated Other Comprehensive Income   -   - 
 Treasury stock, at cost; 581,586 and 296,330 shares at December 31, 2024 and 2023, respectively   (13,996)  (8,736)
 Retained earnings   250,109   281,904 
         
 Total stockholders’ equity   277,508   314,216 
         
 TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY  $741,654  $760,457 

(Concluded)

See notes to