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Foward Air Corp (FWRD)

Foward Air Corp (FWRD)
[[ item.lastPrice ]] [[ item.priceChange ]] ([[ item.percentChange ]]) [[ item.tradeTime ]] [NASDAQ]
[[ item.bidPrice ]] x [[ item.bidSize ]] [[ item.askPrice ]] x [[ item.askSize ]]
[[ session ]] by (Cboe BZX)
[[ item.lastPrice ]] [[ item.priceChange ]] ([[ item.percentChange ]]) [[ item.tradeTime ]] [NASDAQ]
[[ 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)
  09-2024 06-2024 03-2024 12-2023 09-2023
Cash Flows From Operating Activities
Net Income -1,089,463 -1,055,265 -88,794 42,803 57,524
Depreciation Amortization 1,213,786 1,173,139 31,786 57,405 39,826
Income taxes - deferred -197,156 -163,604 2,945 -8,893 2,199
Accounts receivable -27,891 -36,734 -15,128 25,147 20,967
Other Working Capital 11,918 -65,009 -4,430 92,491 31,020
Other Operating Activity 43,036 50,549 21,902 -9,741 -9,416
Operating Cash Flow $-45,770 $-96,924 $-51,719 $199,212 $142,120
Cash Flows From Investing Activities
PPE Investments -27,317 -17,990 -4,121 -26,984 -18,805
Net Acquisitions -1,565,242 -1,565,242 -1,565,242 -56,703 -56,703
Other Investing Activity -319 -174 -89 0 0
Investing Cash Flow $-1,592,878 $-1,583,406 $-1,569,452 $-83,687 $-75,508
Cash Flows From Financing Activities
Change In Short Term Borrowing N/A N/A N/A N/A 45,000
Debt Issued N/A N/A N/A 1,860,500 N/A
Debt Repayment -95,339 -9,127 -4,562 -188,000 -6,840
Common Stock Issued 355 369 N/A 800 421
Common Stock Repurchased N/A N/A N/A -93,811 -93,811
Dividend Paid N/A N/A N/A -24,995 -18,798
Other Financing Activity -74,410 -154,199 -154,164 236,232 -19,563
Financing Cash Flow $-169,394 $-162,957 $-158,726 $1,790,726 $-93,591
Exchange Rate Effect 138 745 94 N/A 0
Beginning Cash Position 1,952,073 1,952,073 1,952,073 45,822 45,822
End Cash Position 138,156 104,655 172,270 1,952,073 18,843
Net Cash Flow $-1,813,917 $-1,847,418 $-1,779,803 $1,906,251 $-26,979
Free Cash Flow
Operating Cash Flow -45,770 -96,924 -51,719 199,212 142,120
Capital Expenditure -29,810 -19,396 -4,970 -30,725 -22,080
Free Cash Flow -75,580 -116,320 -56,689 168,487 120,040
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