COVENANT LOGISTICS GROUP, INC.
Income Statement
| Line Item | Jun 2022 | Mar 2022 | Dec 2021 | Sep 2021 | Jun 2021 | Mar 2021 | Dec 2020 | Sep 2020 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $317.4M | $291.6M | $294.2M | $274.6M | $256.3M | $220.9M | $225.2M | $210.8M |
| Cost of Revenue | — | — | — | — | — | — | — | — |
| Gross Profit | — | — | — | — | — | — | — | — |
| Gross Margin | — | — | — | — | — | — | — | — |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | — | — | — |
| SG&A Expense | — | — | — | — | — | — | — | — |
| Operating Income | $26.9M | $23.8M | $18.2M | $20.1M | $18.3M | $10.5M | $9.6M | $6.8M |
| Operating Margin | 8.5% | 8.2% | 6.2% | 7.3% | 7.2% | 4.8% | 4.2% | 3.2% |
| Interest Expense | $766.0K | $555.0K | $616.0K | $724.0K | $708.0K | $743.0K | $923.0K | $1.9M |
| Pretax Income | $33.2M | $30.1M | $22.8M | $22.6M | $21.0M | $12.7M | $11.6M | $6.1M |
| Income Tax Expense | $8.7M | $7.9M | $5.1M | $6.1M | $5.6M | $4.1M | $4.2M | $1.3M |
| Net Income | $24.5M | $22.2M | — | $16.4M | $15.4M | $11.1M | $-25.7M | $7.5M |
| Net Margin | 7.7% | 7.6% | — | 6.0% | 6.0% | 5.0% | -11.4% | 3.6% |
| EPS (Basic) | $1.58 | $1.34 | $1.05 | $0.98 | $0.92 | $0.66 | $-1.50 | $0.44 |
| EPS (Diluted) | $1.56 | $1.32 | $1.04 | $0.97 | $0.91 | $0.65 | $-1.50 | $0.43 |
| Shares Outstanding (Basic) | 15.5M | 16.6M | 16.8M | 16.8M | 16.8M | 17.0M | 17.4M | 17.1M |
| Shares Outstanding (Diluted) | 15.8M | 16.8M | 17.0M | 17.0M | 17.0M | 17.1M | 17.4M | 17.3M |
| Dividends Per Share | $0.06 | $0.06 | — | — | — | — | — | — |