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Additional Cash Flow Information
6 Months Ended
Jun. 29, 2024
Additional Cash Flow Information
(5) Additional Cash Flow Information
During
the 2024
twenty-six-week
period, Landstar paid income taxes and interest of $28,096,000 and $1,628,000, respectively. During the 2023
twenty-six-week
period, Landstar paid income taxes and interest of $47,818,000 and $1,957,000, respectively. Landstar acquired operating property by entering into finance leases in the amount of $17,144,000 in the 2024
twenty-six-week
period. Landstar did not acquire any operating property by entering into finance leases in the 2023
twenty-six-week
period. During the 2024
twenty-six-week
period, the Company purchased its common stock at a total cost of $56,995,000, including $56,515,000 in cash purchases and accrued excise tax of $480,000, which is included in other current liabilities in the consolidated balance sheet at June 29, 2024.