FORWARD AIR CORP
For the period ended Dec 31, 2023. Filed Mar 15, 2024.
View on SEC.govAbout this filing
A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.
FY2023 · Filed Mar 15, 2024
FWRD$17.65+6.1%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Financial Statement Schedule
Schedule II — Valuation and Qualifying Accounts
(In thousands)
| Additions | ||||||
|---|---|---|---|---|---|---|
| Balance atBeginningof Period · Charged toCosts andExpenses · Charged toOther Operating Revenue · Deductions · Balance atEnd ofPeriod | ||||||
| Allowance for doubtful accounts | $1,499 | $21 | $— | $396 | 2 | $1,124 |
| Allowance for revenue adjustments1 | 1,630 | — | 5,091 | 5,639 | 3 | 1,082 |
| Deferred tax valuation allowance | 4,648 | (4,253) | — | — | 395 | |
| 7,777 | (4,232) | 5,091 | 6,035 | 2,601 | ||
| Allowance for doubtful accounts | $1,707 | $(46) | $— | $162 | 2 | $1,499 |
| Allowance for revenue adjustments1 | 1,526 | — | 6,426 | 6,322 | 3 | 1,630 |
| Deferred tax valuation allowance | 4,625 | 23 | — | — | 4,648 | |
| 7,858 | (23) | 6,426 | 6,484 | 7,777 | ||
| Allowance for doubtful accounts | $1,246 | $776 | $— | $315 | 2 | $1,707 |
| Allowance for revenue adjustments1 | 1,005 | — | 6,339 | 5,818 | 3 | 1,526 |
| Deferred tax valuation allowance | 395 | 4,230 | — | — | 4,625 | |
| 2,646 | 5,006 | 6,339 | 6,133 | 7,858 | ||
1 Represents an allowance for revenue adjustments resulting from future billing rate changes.
2 Represents uncollectible accounts written off, net of recoveries.
3 Represents adjustments to billed accounts receivable.
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.