Company: PAMT
Filing Date: 2025-03-12
Form Type: 10-K
Source: 0001437749-25-007273
Chunk: 431

Company: PAMT CORP
Filing Date: 2025-03-12
Form: 10-K
Item: Item 6
Chunk 431
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,605   62,806 
 Impairment Loss   6,406   -   - 
 Bad debt expense   3,074   2,396   917 
 Stock compensation—net of excess tax benefits   723   553   715 
 Provision for deferred income tax (benefit) expense   (11,785)  2,886   14,541 
 Recognized (gain) on marketable equity securities   (3,079)  (1,618)  (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