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Condensed Consolidated Statements of Operations and Comprehensive Income - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2020
Jun. 30, 2019
Jun. 30, 2020
Jun. 30, 2019
Revenues:        
Total revenues $ 3,627,846 $ 3,908,840 $ 7,432,854 $ 7,660,050
Costs and expenses:        
Personnel expenses 300,483 338,886 630,703 678,984
Other selling, general, and administrative expenses 125,183 128,795 253,476 242,947
Total costs and expenses 3,439,059 3,681,305 7,134,627 7,207,965
Income from operations 188,787 227,535 298,227 452,085
Interest and other expense (10,211) (6,615) (25,439) (23,755)
Income before provision for income taxes 178,576 220,920 272,788 428,330
Provision for income taxes 34,637 51,740 50,703 97,362
Net income 143,939 169,180 222,085 330,968
Other comprehensive income (loss), net of tax 24,253 (5,688) (7,942) (391)
Comprehensive income $ 168,192 $ 163,492 $ 214,143 $ 330,577
Basic net income per share (in dollars per share) $ 1.07 $ 1.23 $ 1.64 $ 2.41
Diluted net income per share (in dollars per share) $ 1.06 $ 1.22 $ 1.64 $ 2.39
Basic weighted average shares outstanding (shares) 135,010 137,185 135,241 137,518
Dilutive effect of outstanding stock awards (shares) 600 1,071 535 1,149
Diluted weighted average shares outstanding (shares) 135,610 138,256 135,776 138,667
Transportation        
Revenues:        
Total revenues $ 3,348,611 $ 3,638,612 $ 6,890,729 $ 7,143,544
Costs and expenses:        
Purchased products and services 2,762,590 2,972,998 5,762,703 5,826,254
Sourcing        
Revenues:        
Total revenues 279,235 270,228 542,125 516,506
Costs and expenses:        
Purchased products and services $ 250,803 $ 240,626 $ 487,745 $ 459,780