Additional Cash Flow Information

6 Months Ended

Jun. 27, 2020

Additional Cash Flow Information

(6) Additional Cash Flow Information

During the 2020 twenty-six-week period, Landstar paid income taxes and interest of $16,198,000 and $2,057,000, respectively. During the 2019 twenty-six-week period, Landstar paid income taxes and interest of $39,180,000 and $2,286,000, respectively. Landstar acquired operating property by entering into finance leases in the amount of $7,485,000 in the 2020 twenty-six-week period. Landstar did not acquire any operating property by entering into finance leases in the 2019 twenty-six-week periods. In addition, during the 2020 twenty-six-week period, Landstar acquired $1,440,000 of operating property for which the Company accrued a corresponding liability in accounts payable as of June 27, 2020. Capital expenditures are recorded as cash outflows from investing activities in the consolidated statement of cash flows in the period in which they are paid.