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Condensed Consolidating Financial Statements (Tables) | 6 Months Ended
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Nov. 30, 2014
Condensed Consolidating Financial Statements (Tables) [Abstract] |
Condensed Consolidating Balance Sheets |
CONDENSED CONSOLIDATING BALANCE SHEETS
(UNAUDITED)
November 30, 2014
|  |  |  |  |  |  |  | Guarantor |  | Non-guarantor |  |  |  |
|  |  |  |  | Parent |  | Subsidiaries |  | Subsidiaries |  | Eliminations |  | Consolidated
ASSETS |  |  |  |  |  |  |  |  |  |  |  |  |  |
CURRENT ASSETS |  |  |  |  |  |  |  |  |  |  |  |  |  |
| Cash and cash equivalents | $ | 1,048 |  | $ | 482 |  | $ | 869 | $ |  | (133) |  | $ | 2,266
| Receivables, less allowances |  | 1 |  |  | 4,453 |  |  | 1,189 |  |  | (51) |  |  | 5,592
| Spare parts, supplies, fuel, prepaid expenses |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  | and other, less allowances |  | 76 |  |  | 719 |  |  | 62 |  |  | - |  |  | 857
| Deferred income taxes |  | - |  |  | 474 |  |  | 23 |  |  | - |  |  | 497
|  |  | Total current assets |  | 1,125 |  |  | 6,128 |  |  | 2,143 |  |  | (184) |  |  | 9,212
PROPERTY AND EQUIPMENT, AT COST |  | 28 |  |  | 39,258 |  |  | 2,330 |  |  | - |  |  | 41,616
| Less accumulated depreciation and amortization |  | 22 |  |  | 20,458 |  |  | 1,243 |  |  | - |  |  | 21,723
|  |  | Net property and equipment |  | 6 |  |  | 18,800 |  |  | 1,087 |  |  | - |  |  | 19,893
INTERCOMPANY RECEIVABLE |  | - |  |  | 1,172 |  |  | 1,526 |  |  | (2,698) |  |  | -
GOODWILL |  | - |  |  | 1,552 |  |  | 1,182 |  |  | - |  |  | 2,734
INVESTMENT IN SUBSIDIARIES |  | 21,850 |  |  | 3,747 |  |  | - |  |  | (25,597) |  |  | -
OTHER ASSETS |  | 2,051 |  |  | 862 |  |  | 237 |  |  | (2,005) |  |  | 1,145
|  |  |  |  | $ | 25,032 |  | $ | 32,261 |  | $ | 6,175 |  | $ | (30,484) |  | $ | 32,984
LIABILITIES AND STOCKHOLDERS' INVESTMENT |  |  |  |  |  |  |  |  |  |  |  |
CURRENT LIABILITIES |  |  |  |  |  |  |  |  |  |  |  |  |  |
| Accrued salaries and employee benefits | $ | 33 |  | $ | 1,011 |  | $ | 175 |  | $ | - |  | $ | 1,219
| Accounts payable |  | 60 |  |  | 1,403 |  |  | 689 |  |  | (184) |  |  | 1,968
| Accrued expenses |  | 374 |  |  | 1,404 |  |  | 208 |  |  | - |  |  | 1,986
|  | Total current liabilities |  | 467 |  |  | 3,818 |  |  | 1,072 |  |  | (184) |  |  | 5,173
LONG-TERM DEBT, LESS CURRENT PORTION |  | 4,487 |  |  | 248 |  |  | - |  |  | - |  |  | 4,735
INTERCOMPANY PAYABLE |  | 2,698 |  |  | - |  |  | - |  |  | (2,698) |  |  | -
OTHER LONG-TERM LIABILITIES |  |  |  |  |  |  |  |  |  |  |  |  |  |
| Deferred income taxes |  | - |  |  | 4,021 |  |  | 88 |  |  | (2,005) |  |  | 2,104
| Other liabilities |  | 1,817 |  |  | 3,344 |  |  | 248 |  |  | - |  |  | 5,409
|  | Total other long-term liabilities |  | 1,817 |  |  | 7,365 |  |  | 336 |  |  | (2,005) |  |  | 7,513
STOCKHOLDERS' INVESTMENT |  | 15,563 |  |  | 20,830 |  |  | 4,767 |  |  | (25,597) |  |  | 15,563
|  |  |  |  | $ | 25,032 |  | $ | 32,261 |  | $ | 6,175 |  | $ | (30,484) |  | $ | 32,984
CONDENSED CONSOLIDATING BALANCE SHEETS
May 31, 2014
|  |  |  |  |  |  |  | Guarantor |  | Non-guarantor |  |  |  |
|  |  |  |  | Parent |  | Subsidiaries |  | Subsidiaries |  | Eliminations |  | Consolidated
ASSETS |  |  |  |  |  |  |  |  |  |  |  |  |  |
CURRENT ASSETS |  |  |  |  |  |  |  |  |  |  |  |  |  |
| Cash and cash equivalents | $ | 1,756 |  | $ | 441 |  | $ | 861 |  | $ | (150) |  | $ | 2,908
| Receivables, less allowances |  | 2 |  |  | 4,338 |  |  | 1,151 |  |  | (31) |  |  | 5,460
| Spare parts, supplies, fuel, prepaid expenses |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  | and other, less allowances |  | 59 |  |  | 674 |  |  | 60 |  |  | - |  |  | 793
| Deferred income taxes |  | - |  |  | 501 |  |  | 21 |  |  | - |  |  | 522
|  |  | Total current assets |  | 1,817 |  |  | 5,954 |  |  | 2,093 |  |  | (181) |  |  | 9,683
PROPERTY AND EQUIPMENT, AT COST |  | 28 |  |  | 38,303 |  |  | 2,360 |  |  | - |  |  | 40,691
| Less accumulated depreciation and amortization |  | 22 |  |  | 19,899 |  |  | 1,220 |  |  | - |  |  | 21,141
|  |  | Net property and equipment |  | 6 |  |  | 18,404 |  |  | 1,140 |  |  | - |  |  | 19,550
INTERCOMPANY RECEIVABLE |  | - |  |  | 1,058 |  |  | 1,265 |  |  | (2,323) |  |  | -
GOODWILL |  | - |  |  | 1,552 |  |  | 1,238 |  |  | - |  |  | 2,790
INVESTMENT IN SUBSIDIARIES |  | 20,785 |  |  | 3,754 |  |  | - |  |  | (24,539) |  |  | -
OTHER ASSETS |  | 2,088 |  |  | 747 |  |  | 250 |  |  | (2,038) |  |  | 1,047
|  |  |  |  | $ | 24,696 |  | $ | 31,469 |  | $ | 5,986 |  | $ | (29,081) |  | $ | 33,070
LIABILITIES AND STOCKHOLDERS' INVESTMENT |  |  |  |  |  |  |  |  |  |  |  |
CURRENT LIABILITIES |  |  |  |  |  |  |  |  |  |  |  |  |  |
| Current portion of long-term debt | $ | - |  | $ | 1 |  | $ | - |  | $ | - |  | $ | 1
| Accrued salaries and employee benefits |  | 55 |  |  | 1,042 |  |  | 180 |  |  | - |  |  | 1,277
| Accounts payable |  | 2 |  |  | 1,530 |  |  | 620 |  |  | (181) |  |  | 1,971
| Accrued expenses |  | 405 |  |  | 1,444 |  |  | 214 |  |  | - |  |  | 2,063
|  | Total current liabilities |  | 462 |  |  | 4,017 |  |  | 1,014 |  |  | (181) |  |  | 5,312
LONG-TERM DEBT, LESS CURRENT PORTION |  | 4,487 |  |  | 249 |  |  | - |  |  | - |  |  | 4,736
INTERCOMPANY PAYABLE |  | 2,323 |  |  | - |  |  | - |  |  | (2,323) |  |  | -
OTHER LONG-TERM LIABILITIES |  |  |  |  |  |  |  |  |  |  |  |  |  |
| Deferred income taxes |  | - |  |  | 4,059 |  |  | 93 |  |  | (2,038) |  |  | 2,114
| Other liabilities |  | 2,147 |  |  | 3,230 |  |  | 254 |  |  | - |  |  | 5,631
|  | Total other long-term liabilities |  | 2,147 |  |  | 7,289 |  |  | 347 |  |  | (2,038) |  |  | 7,745
STOCKHOLDERS' INVESTMENT |  | 15,277 |  |  | 19,914 |  |  | 4,625 |  |  | (24,539) |  |  | 15,277
|  |  |  |  | $ | 24,696 |  | $ | 31,469 |  | $ | 5,986 |  | $ | (29,081) |  | $ | 33,070
Condensed Consolidating Statements of Comprehensive Income |
CONDENSED CONSOLIDATING STATEMENTS OF COMPREHENSIVE INCOME
(UNAUDITED)
Three Months Ended November 30, 2014
|  |  |  |  |  |  |  | Guarantor |  | Non-guarantor |  |  |  |
|  |  |  |  | Parent |  | Subsidiaries |  | Subsidiaries |  | Eliminations |  | Consolidated
REVENUES | $ | - |  | $ | 9,926 |  | $ | 2,108 |  | $ | (95) |  | $ | 11,939
OPERATING EXPENSES: |  |  |  |  |  |  |  |  |  |  |  |  |  |
| Salaries and employee benefits |  | 23 |  |  | 3,729 |  |  | 552 |  |  | - |  |  | 4,304
| Purchased transportation |  | - |  |  | 1,468 |  |  | 764 |  |  | (47) |  |  | 2,185
| Rentals and landing fees |  | 2 |  |  | 577 |  |  | 86 |  |  | (2) |  |  | 663
| Depreciation and amortization |  | 1 |  |  | 595 |  |  | 55 |  |  | - |  |  | 651
| Fuel |  | - |  |  | 1,028 |  |  | 24 |  |  | - |  |  | 1,052
| Maintenance and repairs |  | - |  |  | 507 |  |  | 36 |  |  | - |  |  | 543
| Intercompany charges, net |  | (48) |  |  | (50) |  |  | 98 |  |  | - |  |  | -
| Other |  | 22 |  |  | 1,239 |  |  | 313 |  |  | (46) |  |  | 1,528
|  |  |  |  | - |  |  | 9,093 |  |  | 1,928 |  |  | (95) |  |  | 10,926
OPERATING INCOME |  | - |  |  | 833 |  |  | 180 |  |  | - |  |  | 1,013
OTHER INCOME (EXPENSE): |  |  |  |  |  |  |  |  |  |  |  |  |  |
| Equity in earnings of subsidiaries |  | 616 |  |  | 103 |  |  | - |  |  | (719) |  |  | -
| Interest, net |  | (53) |  |  | 5 |  |  | 1 |  |  | - |  |  | (47)
| Intercompany charges, net |  | 54 |  |  | (59) |  |  | 5 |  |  | - |  |  | -
| Other, net |  | (1) |  |  | 2 |  |  | 4 |  |  | - |  |  | 5
INCOME BEFORE INCOME TAXES |  | 616 |  |  | 884 |  |  | 190 |  |  | (719) |  |  | 971
| Provision for income taxes |  | - |  |  | 319 |  |  | 36 |  |  | - |  |  | 355
NET INCOME | $ | 616 |  | $ | 565 |  | $ | 154 |  | $ | (719) |  | $ | 616
COMPREHENSIVE INCOME | $ | 642 |  | $ | 543 |  | $ | 57 |  |  | (719) |  | $ | 523
CONDENSED CONSOLIDATING STATEMENTS OF COMPREHENSIVE INCOME
(UNAUDITED)
Three Months Ended November 30, 2013
|  |  |  |  |  |  |  | Guarantor |  | Non-guarantor |  |  |  |
|  |  |  |  | Parent |  | Subsidiaries |  | Subsidiaries |  | Eliminations |  | Consolidated
REVENUES | $ | - |  | $ | 9,447 |  | $ | 2,042 |  | $ | (86) |  | $ | 11,403
OPERATING EXPENSES: |  |  |  |  |  |  |  |  |  |  |  |  |  |
| Salaries and employee benefits |  | 24 |  |  | 3,568 |  |  | 556 |  |  | - |  |  | 4,148
| Purchased transportation |  | - |  |  | 1,340 |  |  | 739 |  |  | (39) |  |  | 2,040
| Rentals and landing fees |  | 2 |  |  | 563 |  |  | 85 |  |  | (2) |  |  | 648
| Depreciation and amortization |  | 1 |  |  | 595 |  |  | 51 |  |  | - |  |  | 647
| Fuel |  | - |  |  | 1,111 |  |  | 25 |  |  | - |  |  | 1,136
| Maintenance and repairs |  | - |  |  | 447 |  |  | 32 |  |  | - |  |  | 479
| Intercompany charges, net |  | (50) |  |  | (24) |  |  | 74 |  |  | - |  |  | -
| Other |  | 23 |  |  | 1,192 |  |  | 308 |  |  | (45) |  |  | 1,478
|  |  |  |  | - |  |  | 8,792 |  |  | 1,870 |  |  | (86) |  |  | 10,576
OPERATING INCOME |  | - |  |  | 655 |  |  | 172 |  |  | - |  |  | 827
OTHER INCOME (EXPENSE): |  |  |  |  |  |  |  |  |  |  |  |  |  |
| Equity in earnings of subsidiaries |  | 500 |  |  | 133 |  |  | - |  |  | (633) |  |  | -
| Interest, net |  | (35) |  |  | 5 |  |  | - |  |  | - |  |  | (30)
| Intercompany charges, net |  | 36 |  |  | (41) |  |  | 5 |  |  | - |  |  | -
| Other, net |  | (1) |  |  | (3) |  |  | (1) |  |  | - |  |  | (5)
INCOME BEFORE INCOME TAXES |  | 500 |  |  | 749 |  |  | 176 |  |  | (633) |  |  | 792
| Provision for income taxes |  | - |  |  | 251 |  |  | 41 |  |  | - |  |  | 292
NET INCOME | $ | 500 |  | $ | 498 |  | $ | 135 |  | $ | (633) |  | $ | 500
COMPREHENSIVE INCOME | $ | 540 |  | $ | 506 |  | $ | 175 |  | $ | (633) |  | $ | 588
CONDENSED CONSOLIDATING STATEMENTS OF COMPREHENSIVE INCOME
(UNAUDITED)
Six Months Ended November 30, 2014
|  |  |  |  |  |  |  | Guarantor |  | Non-guarantor |  |  |  |
|  |  |  |  | Parent |  | Subsidiaries |  | Subsidiaries |  | Eliminations |  | Consolidated
REVENUES | $ | - |  | $ | 19,695 |  | $ | 4,112 |  | $ | (184) |  | $ | 23,623
OPERATING EXPENSES: |  |  |  |  |  |  |  |  |  |  |  |  |  |
| Salaries and employee benefits |  | 53 |  |  | 7,335 |  |  | 1,105 |  |  | - |  |  | 8,493
| Purchased transportation |  | - |  |  | 2,854 |  |  | 1,475 |  |  | (90) |  |  | 4,239
| Rentals and landing fees |  | 3 |  |  | 1,149 |  |  | 174 |  |  | (3) |  |  | 1,323
| Depreciation and amortization |  | 1 |  |  | 1,190 |  |  | 111 |  |  | - |  |  | 1,302
| Fuel |  | - |  |  | 2,123 |  |  | 49 |  |  | - |  |  | 2,172
| Maintenance and repairs |  | - |  |  | 1,029 |  |  | 70 |  |  | - |  |  | 1,099
| Intercompany charges, net |  | (143) |  |  | (48) |  |  | 191 |  |  | - |  |  | -
| Other |  | 86 |  |  | 2,404 |  |  | 596 |  |  | (91) |  |  | 2,995
|  |  |  |  | - |  |  | 18,036 |  |  | 3,771 |  |  | (184) |  |  | 21,623
OPERATING INCOME |  | - |  |  | 1,659 |  |  | 341 |  |  | - |  |  | 2,000
OTHER INCOME (EXPENSE): |  |  |  |  |  |  |  |  |  |  |  |  |  |
| Equity in earnings of subsidiaries |  | 1,222 |  |  | 201 |  |  | - |  |  | (1,423) |  |  | -
| Interest, net |  | (106) |  |  | 9 |  |  | 2 |  |  | - |  |  | (95)
| Intercompany charges, net |  | 108 |  |  | (118) |  |  | 10 |  |  | - |  |  | -
| Other, net |  | (2) |  |  | (1) |  |  | 6 |  |  | - |  |  | 3
INCOME BEFORE INCOME TAXES |  | 1,222 |  |  | 1,750 |  |  | 359 |  |  | (1,423) |  |  | 1,908
| Provision for income taxes |  | - |  |  | 588 |  |  | 98 |  |  | - |  |  | 686
NET INCOME | $ | 1,222 |  | $ | 1,162 |  | $ | 261 |  | $ | (1,423) |  | $ | 1,222
COMPREHENSIVE INCOME | $ | 1,276 |  | $ | 1,137 |  | $ | 139 |  | $ | (1,423) |  | $ | 1,129
CONDENSED CONSOLIDATING STATEMENTS OF COMPREHENSIVE INCOME
(UNAUDITED)
Six Months Ended November 30, 2013
|  |  |  |  |  |  |  | Guarantor |  | Non-guarantor |  |  |  |
|  |  |  |  | Parent |  | Subsidiaries |  | Subsidiaries |  | Eliminations |  | Consolidated
REVENUES | $ | - |  | $ | 18,675 |  | $ | 3,920 |  | $ | (168) |  | $ | 22,427
OPERATING EXPENSES: |  |  |  |  |  |  |  |  |  |  |  |  |  |
| Salaries and employee benefits |  | 55 |  |  | 7,082 |  |  | 1,088 |  |  | - |  |  | 8,225
| Purchased transportation |  | - |  |  | 2,582 |  |  | 1,412 |  |  | (75) |  |  | 3,919
| Rentals and landing fees |  | 3 |  |  | 1,121 |  |  | 167 |  |  | (3) |  |  | 1,288
| Depreciation and amortization |  | 1 |  |  | 1,184 |  |  | 101 |  |  | - |  |  | 1,286
| Fuel |  | - |  |  | 2,192 |  |  | 48 |  |  | - |  |  | 2,240
| Maintenance and repairs |  | - |  |  | 896 |  |  | 63 |  |  | - |  |  | 959
| Intercompany charges, net |  | (111) |  |  | (30) |  |  | 141 |  |  | - |  |  | -
| Other |  | 52 |  |  | 2,325 |  |  | 601 |  |  | (90) |  |  | 2,888
|  |  |  |  | - |  |  | 17,352 |  |  | 3,621 |  |  | (168) |  |  | 20,805
OPERATING INCOME |  | - |  |  | 1,323 |  |  | 299 |  |  | - |  |  | 1,622
OTHER INCOME (EXPENSE): |  |  |  |  |  |  |  |  |  |  |  |  |  |
| Equity in earnings of subsidiaries |  | 989 |  |  | 243 |  |  | - |  |  | (1,232) |  |  | -
| Interest, net |  | (69) |  |  | 10 |  |  | 2 |  |  | - |  |  | (57)
| Intercompany charges, net |  | 71 |  |  | (82) |  |  | 11 |  |  | - |  |  | -
| Other, net |  | (2) |  |  | (5) |  |  | - |  |  | - |  |  | (7)
INCOME BEFORE INCOME TAXES |  | 989 |  |  | 1,489 |  |  | 312 |  |  | (1,232) |  |  | 1,558
| Provision for income taxes |  | - |  |  | 483 |  |  | 86 |  |  | - |  |  | 569
NET INCOME | $ | 989 |  | $ | 1,006 |  | $ | 226 |  | $ | (1,232) |  | $ | 989
COMPREHENSIVE INCOME | $ | 1,068 |  | $ | 1,013 |  | $ | 191 |  | $ | (1,232) |  | $ | 1,040
Condensed Consolidating Statements of Cash Flows |
CONDENSED CONSOLIDATING STATEMENTS OF CASH FLOWS
(UNAUDITED)
Six Months Ended November 30, 2014
|  |  |  |  |  |  |  | Guarantor |  | Non-guarantor |  |  |  |
|  |  |  |  | Parent |  | Subsidiaries |  | Subsidiaries |  | Eliminations |  | Consolidated
CASH PROVIDED BY (USED IN) OPERATING ACTIVITIES | $ | (458) |  | $ | 2,335 |  | $ | 257 |  | $ | 17 |  | $ | 2,151
INVESTING ACTIVITIES |  |  |  |  |  |  |  |  |  |  |  |  |  |
| Capital expenditures |  | (1) |  |  | (1,809) |  |  | (80) |  |  | - |  |  | (1,890)
| Proceeds from asset dispositions and other |  | (1) |  |  | 17 |  |  | (9) |  |  | - |  |  | 7
CASH USED IN INVESTING ACTIVITIES |  | (2) |  |  | (1,792) |  |  | (89) |  |  | - |  |  | (1,883)
FINANCING ACTIVITIES |  |  |  |  |  |  |  |  |  |  |  |  |  |
| Net transfers from (to) Parent |  | 601 |  |  | (610) |  |  | 9 |  |  | - |  |  | -
| Payment on loan between subsidiaries |  | - |  |  | 143 |  |  | (143) |  |  | - |  |  | -
| Intercompany dividends |  | - |  |  | 22 |  |  | (22) |  |  | - |  |  | -
| Principal payments on debt |  | - |  |  | (1) |  |  | - |  |  | - |  |  | (1)
| Proceeds from stock issuances |  | 189 |  |  | - |  |  | - |  |  | - |  |  | 189
| Excess tax benefit on the exercise of stock options |  | 23 |  |  | - |  |  | - |  |  | - |  |  | 23
| Dividends paid |  | (114) |  |  | - |  |  | - |  |  | - |  |  | (114)
| Purchase of treasury stock |  | (947) |  |  | - |  |  | - |  |  | - |  |  | (947)
| Other, net |  | - |  |  | (39) |  |  | 39 |  |  | - |  |  | -
CASH USED IN FINANCING ACTIVITIES |  | (248) |  |  | (485) |  |  | (117) |  |  | - |  |  | (850)
Effect of exchange rate changes on cash |  | - |  |  | (17) |  |  | (43) |  |  | - |  |  | (60)
Net (decrease) increase in cash and cash equivalents |  | (708) |  |  | 41 |  |  | 8 |  |  | 17 |  |  | (642)
Cash and cash equivalents at beginning of period |  | 1,756 |  |  | 441 |  |  | 861 |  |  | (150) |  |  | 2,908
Cash and cash equivalents at end of period | $ | 1,048 |  | $ | 482 |  | $ | 869 |  | $ | (133) |  | $ | 2,266
CONDENSED CONSOLIDATING STATEMENTS OF CASH FLOWS
(UNAUDITED)
Six Months Ended November 30, 2013
|  |  |  |  |  |  |  | Guarantor |  | Non-guarantor |  |  |  |
|  |  |  |  | Parent |  | Subsidiaries |  | Subsidiaries |  | Eliminations |  | Consolidated
CASH PROVIDED BY (USED IN) OPERATING ACTIVITIES | $ | (139) |  | $ | 1,545 |  | $ | 246 |  | $ | (43) |  | $ | 1,609
INVESTING ACTIVITIES |  |  |  |  |  |  |  |  |  |  |  |  |  |
| Capital expenditures |  | - |  |  | (1,521) |  |  | (169) |  |  | - |  |  | (1,690)
| Proceeds from asset dispositions and other |  | - |  |  | 19 |  |  | - |  |  | - |  |  | 19
CASH USED IN INVESTING ACTIVITIES |  | - |  |  | (1,502) |  |  | (169) |  |  | - |  |  | (1,671)
FINANCING ACTIVITIES |  |  |  |  |  |  |  |  |  |  |  |  |  |
| Net transfers from (to) Parent |  | (31) |  |  | 64 |  |  | (33) |  |  | - |  |  | -
| Payment on loan between subsidiaries |  | - |  |  | (33) |  |  | 33 |  |  | - |  |  | -
| Intercompany dividends |  | - |  |  | 22 |  |  | (22) |  |  | - |  |  | -
| Principal payments on debt |  | - |  |  | (3) |  |  | - |  |  | - |  |  | (3)
| Proceeds from stock issuances |  | 380 |  |  | - |  |  | - |  |  | - |  |  | 380
| Excess tax benefit on the exercise of stock options |  | 20 |  |  | - |  |  | - |  |  | - |  |  | 20
| Dividends paid |  | (95) |  |  | - |  |  | - |  |  | - |  |  | (95)
| Purchase of treasury stock |  | (1,219) |  |  | - |  |  | - |  |  | - |  |  | (1,219)
CASH (USED IN) PROVIDED BY FINANCING ACTIVITIES |  | (945) |  |  | 50 |  |  | (22) |  |  | - |  |  | (917)
Effect of exchange rate changes on cash |  | - |  |  | (6) |  |  | 3 |  |  | - |  |  | (3)
Net (decrease) increase in cash and cash equivalents |  | (1,084) |  |  | 87 |  |  | 58 |  |  | (43) |  |  | (982)
Cash and cash equivalents at beginning of period |  | 3,892 |  |  | 405 |  |  | 717 |  |  | (97) |  |  | 4,917
Cash and cash equivalents at end of period | $ | 2,808 |  | $ | 492 |  | $ | 775 |  | $ | (140) |  | $ | 3,935

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