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Forward Air Corp.$54.30($1.52)(2.72%)

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Income Statement for Forward Air Corp.
(Amounts are in millions) 12/2019 12/2018 12/2017
Press Release Press Release Press Release
Net Sales or Revenues $1,410.40 $1,320.89 $1,100.82
Cost of Goods Sold $663.23 $636.76 $494.71
Gross Profit $747.17 $684.13 $606.11
       
Research & Development Expense $0.00 $0.00 $0.00
Selling, General, & Admin. Expense $586.24 $519.92 $456.38
Income Before Depreciation $160.93 $164.21 $149.73
       
Depreciation, Depletion, Amortization $42.11 $42.18 $41.06
Non-Operating Income $0.00 $0.00 ($0.01)
Interest Expense $2.71 $1.78 $1.21
Pretax Income $116.11 $120.25 $107.45
       
Provision for Income Taxes $29.01 $28.20 $20.13
Minority Interest $0.00 $0.00 $0.00
Investment Gains (Losses) $0.00 $0.00 $0.00
Other Income $0.00 $0.00 $0.00
Income Before Extraordinaries $87.10 $92.05 $87.32
       
Extraordinary Items & Disc. Operations $0.00 $0.00 $0.00
Net Income $87.10 $92.05 $87.32
       
Basic Earnings Per Share $3.06 $3.14 $2.90
Diluted Earnings Per Share $3.04 $3.12 $2.89
       
Weighted Average Basic Shares Outstanding 28.46 29.50 30.21
Weighted Average Diluted Shares Outstanding 28.46 29.50 30.21
       
Income Before Non-Recurring Items $87.10 $92.05 $71.62
Income From Non-Recurring Items $0.00 $0.00 $15.71
Diluted Earnings Per Share before extras $3.04 $3.12 $2.36
       
Dividend (preferred) N/A N/A N/A
Dividend (common) $20.28 $18.40 $17.86
Dividend Per Share (common) $0.72 $0.63 $0.60




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