COVENANT LOGISTICS GROUP INC
For the period ended Dec 31, 2024. Filed Feb 28, 2025.
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FY2024 · Filed Feb 28, 2025
CVLG$32.74+0.3%Stored close · as of Nov 10, 2026
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Consolidated Statements of Comprehensive Income
**FOR THE YEARS ENDED DECEMBER 31,**2024, 2023, and 2022
| 2024 | 2023 | 2022 | |
|---|---|---|---|
| Net income | $ 35,921 | $ 55,229 | $ 108,682 |
| Other comprehensive income (loss): | |||
| Unrealized gain on effective portion of cash flow hedges, net of tax of ($205), ($36), and ($776) in 2024, 2023, and 2022, respectively | 588 | 103 | 2,254 |
| Reclassification of cash flow hedge losses into statement of operations, net of tax of $129, $130, and ($47) in 2024, 2023, and 2022, respectively | (369) | (373) | 138 |
| Total other comprehensive income (loss) | 219 | (270) | 2,392 |
| Comprehensive income | $ 36,140 | $ 54,959 | $ 111,074 |
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