| Cash Flow | 2025-09-30 | 2025-06-30 |
|---|---|---|
| Net income (loss) | 25,496 | 16,403 |
| Provision for losses on accounts receivable | 0 | 0 |
| Reversal of gain on sales to equity method investee | -2 | 0 |
| Depreciation and amortization | 67,869 | 44,916 |
| Deferred income tax expense | 5,253 | -2,934 |
| Income tax expense arising from restricted share vesting and stock options exercised | 322 | 314 |
| Stock-based compensation expense | 2,996 | 1,931 |
| Income from equity method investment | 11,622 | 8,044 |
| Return on investment from equity method investee | 5,145 | 1,470 |
| (gain) loss on disposition of property and equipment | 3,039 | -1,021 |
| Receivables and advances | 11,453 | 8,102 |
| Prepaid expenses and other assets | 1,659 | 4,690 |
| Inventory and supplies | 497 | -258 |
| Insurance and claims accrual | 3,705 | 3,554 |
| Accounts payable and accrued expenses | 6,231 | 1,268 |
| Net cash flows provided by operating activities | 88,101 | 46,737 |
| Acquisition, net of cash acquired | 0 | 0 |
| Other investments | 788 | 715 |
| Purchase of property and equipment | 119,044 | 69,864 |
| Proceeds from disposition of property and equipment | 30,651 | 17,054 |
| Net cash flows used in investing activities | -89,181 | -53,525 |
| Change in checks outstanding in excess of bank balances | - | 1,717 |
| Cash dividend | 5,408 | 3,655 |
| Proceeds from notes payable | 86,174 | 44,923 |
| Repayments of notes payable | 69,835 | 55,515 |
| Repayments of finance lease obligations | 555 | 365 |
| Proceeds under revolving credit facility | 75,214 | 48,177 |
| Repayments under revolving credit facility | 75,214 | 23,620 |
| Payment of contingent consideration liability | 4,951 | 4,582 |
| Proceeds from exercise of stock options | 399 | 400 |
| Payment of minimum tax withholdings on stock compensation | 1,099 | 607 |
| Common stock repurchased | 36,578 | 35,561 |
| Net cash flows (used in) provided by financing activities | -31,853 | -28,688 |
| Net change in cash and cash equivalents | -32,933 | -35,476 |
| Cash and cash equivalents at beginning of period | 35,619 | - |
| Cash and cash equivalents at end of period | 2,686 | - |
COVENANT LOGISTICS GROUP, INC. (CVLG)
COVENANT LOGISTICS GROUP, INC. (CVLG)