FWRD - Forward Air Corporation

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Income Statement
Balance Sheet
Cash Flow

Income Statement

Annual
All numbers in thousands
Revenue 12/31/2018 12/31/2017 12/31/2016 12/31/2015
Total Revenue 1,320,886 1,169,346 1,030,210 959,125
Cost of Revenue 1,012,664 891,274 776,791 717,202
Gross Profit 308,222 278,072 253,419 241,923
Operating Expenses
Research Development - - - -
Selling General and Administrative 35,180 29,578 25,392 21,483
Non Recurring - - - -
Others 109,454 97,401 87,381 78,149
Total Operating Expenses 1,199,481 1,059,308 927,774 853,991
Operating Income or Loss 121,405 110,038 102,436 105,134
Income from Continuing Operations
Total Other Income/Expenses Net -1,159 -2,501 -44,326 -25,467
Earnings Before Interest and Taxes 121,405 110,038 102,436 105,134
Interest Expense -1,783 -1,209 -1,597 -2,047
Income Before Tax 120,246 107,537 58,110 79,667
Income Tax Expense 28,195 20,282 30,605 24,092
Minority Interest - - - -
Net Income From Continuing Ops 92,051 87,255 27,505 55,575
Non-recurring Events
Discontinued Operations - - - -
Extraordinary Items - - - -
Effect Of Accounting Changes - - - -
Other Items - - - -
Net Income
Net Income 92,051 87,255 27,505 55,575
Preferred Stock And Other Adjustments - - - -
Net Income Applicable To Common Shares 91,170 86,555 27,295 55,206