CVTI Financials 07/21/2014 22:38:16
Covenant Transportation Group, Inc.
Period Ending Dec 31, 2013 Dec 31, 2012 Dec 31, 2011 Dec 31, 2010
Total Revenue 684,549 674,254 652,627 649,749
Cost of Revenue 401,515 390,743 384,706 355,618
Gross Profit 283,034 283,511 267,921 294,131
Operating Expenses
Research and Development - - - -
Sales, General and Admin. 218,946 217,080 211,169 216,316
Non-Recurring Items - - 11,539 -
Other 43,694 43,222 46,274 51,807
Operating Income 20,394 23,209 (1,061) 26,008
Income From Continuing Operations
Add'l Income/Expense Items 3 13 155 22
Earnings Before Interest and Tax 23,147 25,097 (231) 26,030
Interest Expense 10,400 12,697 16,208 16,566
Earnings Before Tax 12,747 12,400 (16,439) 9,464
Income Tax 7,503 6,335 (2,172) 6,175
Minority Interest - - - -
Equity Earnings Unconsolidated Subsidiary 2,750 1,875 675 -
Net Income Cont. Operations 7,994 7,940 (13,592) 3,289
Non Recurring Events
Discontinued Operations - - - -
Extraordinary Items - - - -
Effect of Accounting Changes - - - -
Other Items - - - -
Net Income 5,244 6,065 (14,267) 3,289
Preferred Stock and Other Adjustments - - - -
Net Income Applicable to Common Shareholders 5,244 6,065 (14,267) 3,289
Covenant Transportation Group, Inc.
Period Ending Dec 31, 2013 Dec 31, 2012 Dec 31, 2011 Dec 31, 2010
Total Revenue 684,549 674,254 652,627 649,749
Cost of Revenue 401,515 390,743 384,706 355,618
Gross Profit 283,034 283,511 267,921 294,131
Operating Expenses
Research and Development - - - -
Sales, General and Admin. 218,946 217,080 211,169 216,316
Non-Recurring Items - - 11,539 -
Other 43,694 43,222 46,274 51,807
Operating Income 20,394 23,209 (1,061) 26,008
Income From Continuing Operations
Add'l Income/Expense Items 3 13 155 22
Earnings Before Interest and Tax 23,147 25,097 (231) 26,030
Interest Expense 10,400 12,697 16,208 16,566
Earnings Before Tax 12,747 12,400 (16,439) 9,464
Income Tax 7,503 6,335 (2,172) 6,175
Minority Interest - - - -
Equity Earnings Unconsolidated Subsidiary 2,750 1,875 675 -
Net Income Cont. Operations 7,994 7,940 (13,592) 3,289
Non Recurring Events
Discontinued Operations - - - -
Extraordinary Items - - - -
Effect of Accounting Changes - - - -
Other Items - - - -
Net Income 5,244 6,065 (14,267) 3,289
Preferred Stock and Other Adjustments - - - -
Net Income Applicable to Common Shareholders 5,244 6,065 (14,267) 3,289
