Company: PAMT
Filing Date: 2025-03-12
Form Type: 10-K
Source: 0001437749-25-007273
Chunk: 236

Company: PAMT CORP
Filing Date: 2025-03-12
Form: 10-K
Item: Item 1B
Chunk 236
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(1,129)
 Loss (gain) on sale or disposal of equipment   766   (1,043)  (3,250)
 Changes in operating assets and liabilities:             
 Accounts receivable   (86)  50,798   (2,152)
 Prepaid expenses, deposits, inventories, and other assets   3,463   2,538   (7,257)
 Income taxes refundable   1,602   1,768   (5,373)
 Income taxes payable   -   -   (4,364)
 Trade accounts payable   (6,520)  (10,980)  2,198 
 Accrued expenses and other liabilities   (2,992)  (15,742)  20,491 
 Net cash provided by operating activities   59,041   114,577   168,815 
             
 INVESTING ACTIVITIES:             
 Purchases of property and equipment   (140,759)  (34,060)  (63,961)
 Purchase of a business, net of cash acquired   -   -   (65,797)
 Proceeds from disposition of equipment   36,910   22,622   17,406 
 Sales of marketable equity securities   3,662   143   - 
 Purchases of marketable equity securities, net of return of capital   -   -   (1,175)
 Net cash used by investing activities   (100,187)  (11,295)  (113,527)
             
 FINANCING ACTIVITIES:             
 Borrowings under line of credit   750,912   879,191   945,610 
 Repayments under line of credit   (750,912)  (879,191)  (945,610)
 Borrowings of long-term debt   80,678   -   74,925 
 Repayments of long-term debt   (66,827)  (71,105)  (67,335)
 Borrowings under margin account   -   46   1,229 
 Repayments under margin account   -   (960)  (1,529)
 Repurchases of treasury stock