XML 35 R4.htm IDEA: XBRL DOCUMENT v2.4.1.9
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended
Mar. 31, 2015
Mar. 31, 2014
Revenues:    
Transportation $ 2,947,257chrw_TransportationServicesRevenue $ 2,806,777chrw_TransportationServicesRevenue
Sourcing 353,633us-gaap_SalesRevenueGoodsNet 335,808us-gaap_SalesRevenueGoodsNet
Total revenues 3,300,890us-gaap_Revenues 3,142,585us-gaap_Revenues
Costs and expenses:    
Purchased transportation and related services 2,452,112chrw_CostOfPurchasedTransportationAndRelatedServices 2,376,388chrw_CostOfPurchasedTransportationAndRelatedServices
Purchased products sourced for resale 323,668us-gaap_CostOfGoodsSold 308,962us-gaap_CostOfGoodsSold
Personnel expenses 255,144us-gaap_LaborAndRelatedExpense 220,297us-gaap_LaborAndRelatedExpense
Other selling, general, and administrative expenses 88,041us-gaap_SellingGeneralAndAdministrativeExpense 79,967us-gaap_SellingGeneralAndAdministrativeExpense
Total costs and expenses 3,118,965us-gaap_CostsAndExpenses 2,985,614us-gaap_CostsAndExpenses
Income from operations 181,925us-gaap_OperatingIncomeLoss 156,971us-gaap_OperatingIncomeLoss
Interest and other expense (9,605)chrw_TotalNonoperatingInterestAndOtherIncomeExpense (6,131)chrw_TotalNonoperatingInterestAndOtherIncomeExpense
Income before provision for income taxes 172,320us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments 150,840us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
Provision for income taxes 65,844us-gaap_IncomeTaxExpenseBenefit 57,653us-gaap_IncomeTaxExpenseBenefit
Net income 106,476us-gaap_NetIncomeLoss 93,187us-gaap_NetIncomeLoss
Other comprehensive loss (13,198)us-gaap_OtherComprehensiveIncomeLossNetOfTax (337)us-gaap_OtherComprehensiveIncomeLossNetOfTax
Comprehensive income $ 93,278us-gaap_ComprehensiveIncomeNetOfTax $ 92,850us-gaap_ComprehensiveIncomeNetOfTax
Basic net income per share (in dollars per share) $ 0.73us-gaap_EarningsPerShareBasic $ 0.63us-gaap_EarningsPerShareBasic
Diluted net income per share (in dollars per share) $ 0.73us-gaap_EarningsPerShareDiluted $ 0.63us-gaap_EarningsPerShareDiluted
Basic weighted average shares outstanding (in shares) 146,204us-gaap_WeightedAverageNumberOfSharesOutstandingBasic 148,517us-gaap_WeightedAverageNumberOfSharesOutstandingBasic
Dilutive effect of outstanding stock awards (in shares) 179us-gaap_WeightedAverageNumberDilutedSharesOutstandingAdjustment 491us-gaap_WeightedAverageNumberDilutedSharesOutstandingAdjustment
Diluted weighted average shares outstanding (in shares) 146,383us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding 149,008us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding