Additional Cash Flow Information

3 Months Ended

Apr. 01, 2017

Additional Cash Flow Information

(4) Additional Cash Flow Information

During the 2017 thirteen-week period, Landstar paid income taxes and interest of $5,464,000 and $1,099,000, respectively. During the 2016 thirteen-week period, Landstar paid income taxes and interest of $209,000 and $913,000, respectively. Landstar did not acquire any operating property by entering into capital leases in the 2017 thirteen-week period. Landstar acquired operating property by entering into capital leases in the amount of $11,556,000 in the 2016 thirteen-week period. In addition, during the 2017 thirteen-week period Landstar acquired $945,000 of operating property for which the Company accrued a corresponding liability in accounts payable as of April 1, 2017 related to the completion of a new freight staging and transload facility in Laredo, TX. The Company had unpaid capital expenditure purchases included in accounts payable of $1,988,000 and $5,298,000 at April 1, 2017 and December 31, 2016, respectively. Capital expenditure purchases are recorded as cash outflows from investing activities in the consolidated statement of cash flows in the period in which they are paid.