SAIA INC (SAIA) [Rocket]

In millions, except per share items	Jun-30-23	Mar-31-23	Dec-31-22	Jun-30-22	Mar-31-22	Dec-31-21	Sep-30-21	Jun-30-21
	8-K	10-Q	8-K	10-Q	10-Q	10-K	10-Q	10-Q
Total revenues				2,640.1	2,465.8	2,288.7	2,148.1	2,013.3
Revenue growth				31.1%	32.6%	25.6%	20.1%	13.3%
Cost of goods sold [+]				1,027.5	1,001.2	1,001.2	1,059.3	1,002.1
Labor costs						1,063.7	1,038.6
Transportation costs							117.2
Gross profit				1,612.6	1,464.6	1,287.5	1,088.8	1,011.1
Gross margin				61.1%	59.4%	56.3%	50.7%	50.2%
Selling, general and administrative [+]				57.5	60.6	61.3	53.4	49.9
General and administrative [+]				57.5	60.6	61.3	53.4	49.9
Insurance expense				57.5	60.6	61.3	53.4	49.9
Other operating expenses				1,074.5	984.4	825.4	687.3	662.0
EBITDA [+]				593.4	530.1	471.4	417.0	368.1
EBITDA growth				61.2%	65.3%	53.6%	45.3%	33.9%
EBITDA margin				22.5%	21.5%	20.6%	19.4%	18.3%
Depreciation and amortization				148.6	146.3	141.7	140.0	138.4
EBIT [+]				444.9	383.9	329.7	277.0	229.7
EBIT growth				93.7%	109.3%	91.4%	79.3%	57.9%
EBIT margin				16.9%	15.6%	14.4%	12.9%	11.4%
Non-recurring items [+]						0.1	-2.5
Loss (gain) on sale of assets						0.1	-2.5
Interest expense						4.1	5.8
Interest expense				3.2	3.2	4.1	5.8	6.2
Other income (expense), net				8.0	7.0	7.3	12.3	12.7
Pre-tax income				449.3	387.3	332.8	286.0	235.1
Income taxes				107.2	91.9	79.5	66.3	53.6
Tax rate				23.9%	23.7%	23.9%	23.2%	22.8%
Net income				342.1	295.4	253.2	219.7	181.5
Net margin				13.0%	12.0%	11.1%	10.2%	9.0%

Basic EPS [+]				$12.97	$11.21	$9.62	$8.36	$6.92
Growth				87.3%	98.9%	81.7%	82.4%	62.4%
Diluted EPS [+]				$12.82	$11.06	$9.48	$8.24	$6.81
Growth				88.2%	99.6%	82.1%	82.8%	62.7%

Shares outstanding (basic) [+]				26.4	26.3	26.3	26.3	26.2
Growth				0.6%	0.6%	0.7%	0.8%	0.7%
Shares outstanding (diluted) [+]				26.7	26.7	26.7	26.7	26.6
Growth				0.2%	0.3%	0.5%	0.5%	0.6%

EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges.