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Covenant Logistics Group Inc (CVLG)

Covenant Logistics Group Inc (CVLG)
[[ item.lastPrice ]] [[ item.priceChange ]] ([[ item.percentChange ]]) [[ item.tradeTime ]] [NYSE]
[[ item.bidPrice ]] x [[ item.bidSize ]] [[ item.askPrice ]] x [[ item.askSize ]]
[[ session ]] by (Cboe BZX)
[[ item.lastPrice ]] [[ item.priceChange ]] ([[ item.percentChange ]]) [[ item.tradeTime ]] [NYSE]
[[ item.bidPrice ]] x [[ item.bidSize ]] [[ item.askPrice ]] x [[ item.askSize ]]
[[ session ]] [[ item.lastPriceExt ]] [[ item.priceChangeExt ]] ([[ item.percentChangeExt ]]) [[ item.tradeTimeExt ]]
Cash Flow for [[ item.sessionDateDisplayLong ]]

Fiscal Year End Date: 12/31

(Values in U.S. thousands)
  09-2023 06-2023 03-2023 12-2022 09-2022
Cash Flows From Operating Activities
Net Income 42,434 28,928 16,635 108,682 97,179
Depreciation Amortization 51,701 33,519 14,575 57,512 41,734
Income taxes - deferred 4,128 1,840 -1,185 13,968 4,246
Accounts receivable -24,563 -13,225 2,863 39,465 31,104
Other Working Capital -30,260 -31,401 -8,011 23,494 26,744
Other Operating Activity 9,533 -7,293 -17,629 -83,891 -79,938
Operating Cash Flow $52,973 $12,368 $7,248 $159,230 $121,069
Cash Flows From Investing Activities
PPE Investments -35,093 -11,994 8,186 -47,466 -11,296
Net Acquisitions -107,922 -99,887 N/A -38,501 -38,501
Purchase Of Investment -1,580 -1,448 -1,108 -241 -25
Investing Cash Flow $-144,595 $-113,329 $7,078 $-86,208 $-49,822
Cash Flows From Financing Activities
Change In Short Term Borrowing 771 2,096 N/A N/A -216
Debt Issued 221,914 139,215 23,460 155,377 139,781
Debt Repayment -152,037 -62,331 -18,924 -77,698 -85,642
Common Stock Issued 236 236 N/A 384 N/A
Common Stock Repurchased -25,488 -25,488 -20,805 -84,723 -70,886
Dividend Paid -4,344 -2,908 -1,466 -4,287 -3,192
Other Financing Activity -10,707 -10,707 -10,672 -1,822 -247
Financing Cash Flow $30,345 $40,113 $-28,407 $-12,769 $-20,402
Beginning Cash Position 68,665 68,665 68,665 8,412 8,412
End Cash Position 7,388 7,817 54,584 68,665 59,257
Net Cash Flow $-61,277 $-60,848 $-14,081 $60,253 $50,845
Free Cash Flow
Operating Cash Flow 52,973 12,368 7,248 159,230 121,069
Capital Expenditure -112,047 -59,067 -16,221 -100,468 -61,408
Free Cash Flow -59,074 -46,699 -8,973 58,762 59,661
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