SAIA: Balance Sheet for Saia, Inc.

PERIOD ENDING		31-Dec-08	31-Dec-07	31-Dec-06

Assets
Current Assets
	Cash And Cash Equivalents	27,061	6,656	10,669
	Short Term Investments	-	-	-
	Net Receivables	115,408	131,391	107,560
	Inventory	-	-	-
	Other Current Assets	13,565	13,562	15,455

Total Current Assets		156,034	151,609	133,684
Long Term Investments		-	-	-
Property Plant and Equipment		355,802	368,772	314,832
Goodwill		-	35,470	36,406
Intangible Assets		3,051	3,860	1,096
Accumulated Amortization		-	-	-
Other Assets		865	872	1,382
Deferred Long Term Asset Charges		-	-	-

Total Assets		515,752	560,583	487,400

Liabilities
Current Liabilities
	Accounts Payable	89,834	73,043	60,318
	Short/Current Long Term Debt	28,899	12,793	11,356
	Other Current Liabilities	28,148	40,689	54,967

Total Current Liabilities		146,881	126,525	126,641
Long Term Debt		107,500	160,052	98,628
Other Liabilities		27,215	17,393	13,717
Deferred Long Term Liability Charges		50,584	55,961	45,259
Minority Interest		-	-	-
Negative Goodwill		-	-	-

Total Liabilities		332,180	359,931	284,245

Stockholders' Equity
Misc Stocks Options Warrants		-	-	-
Redeemable Preferred Stock		-	-	-
Preferred Stock		-	-	-
Common Stock		14	13	15
Retained Earnings		12,236	32,963	14,621
Treasury Stock		-	-	(8,861)
Capital Surplus		174,079	170,260	199,257
Other Stockholder Equity		(2,757)	(2,584)	(1,877)

Total Stockholder Equity		183,572	200,652	203,155

Net Tangible Assets		$180,521	$161,322	$165,653

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