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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)
  09-2023 06-2023 03-2023 12-2022 09-2022
Cash Flows From Operating Activities
Net Income 57,524 51,031 33,904 179,414 150,249
Depreciation Amortization 39,826 25,617 12,372 42,552 34,994
Income taxes - deferred 2,199 2,182 1,857 7,686 1,962
Accounts receivable 20,967 38,690 16,397 5,509 -35,075
Other Working Capital 31,020 31,749 9,793 4,995 -6,559
Other Operating Activity -9,416 -31,815 -13,484 10,005 51,243
Operating Cash Flow $142,120 $117,454 $60,839 $250,161 $196,814
Cash Flows From Investing Activities
PPE Investments -18,805 -13,665 -4,704 -36,882 -23,978
Net Acquisitions -56,703 -56,703 -56,567 -66,105 -40,433
Investing Cash Flow $-75,508 $-70,368 $-61,271 $-102,987 $-64,411
Cash Flows From Financing Activities
Change In Short Term Borrowing 45,000 N/A N/A N/A N/A
Debt Issued N/A 45,000 45,000 N/A N/A
Debt Repayment -6,840 -34,673 -2,086 -6,108 -4,300
Common Stock Issued 421 421 N/A 989 580
Common Stock Repurchased -93,811 -79,792 -50,491 -62,771 -47,774
Dividend Paid -18,798 -12,600 -6,345 -25,865 -19,461
Other Financing Activity -19,563 7,017 560 -44,913 -51,918
Financing Cash Flow $-93,591 $-74,627 $-13,362 $-138,668 $-122,873
Beginning Cash Position 45,822 45,822 45,822 37,316 37,316
End Cash Position 18,843 18,281 32,028 45,822 46,846
Net Cash Flow $-26,979 $-27,541 $-13,794 $8,506 $9,530
Free Cash Flow
Operating Cash Flow 142,120 117,454 60,839 250,161 196,814
Capital Expenditure -22,080 -16,836 -6,519 -39,254 -25,401
Free Cash Flow 120,040 100,618 54,320 210,907 171,413
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