SwingTrade Member Forum

[Rawnoc]

Keep in mind -- they have sale of equipment every quarter and Q2 was in line with all of the previous quarters.

There's a reason for that -- they depreciate too much too fast (study the filings for this) then always have a gain on sale of equipment every single quarter. It's become a wash over time especially now that their truck turnover rate is so high.

So you can't take out the gain on sale of equipment due to over-expensing depreciation while keeping in the over-expensing of depreciation especially when it happens every quarter. In short, keep it in -- it's a wash.