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Condensed Consolidated Statements of Operations and Comprehensive Income - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2020
Sep. 30, 2019
Sep. 30, 2020
Sep. 30, 2019
Revenues:        
Total revenues $ 4,224,800 $ 3,856,132 $ 11,657,654 $ 11,516,182
Costs and expenses:        
Personnel expenses 302,904 320,563 933,607 999,547
Other selling, general, and administrative expenses 118,130 111,783 371,606 354,730
Total costs and expenses 4,056,561 3,655,047 11,191,188 10,863,012
Income from operations 168,239 201,085 466,466 653,170
Interest and other expense (7,465) (13,180) (32,904) (36,935)
Income before provision for income taxes 160,774 187,905 433,562 616,235
Provision for income taxes 24,245 41,011 74,948 138,373
Net income 136,529 146,894 358,614 477,862
Other comprehensive income (loss), net of tax 13,236 (18,576) 5,294 (18,967)
Comprehensive income $ 149,765 $ 128,318 $ 363,908 $ 458,895
Basic net income per share (in dollars per share) $ 1.01 $ 1.08 $ 2.65 $ 3.48
Diluted net income per share (in dollars per share) $ 1.00 $ 1.07 $ 2.63 $ 3.45
Basic weighted average shares outstanding (shares) 135,671 136,380 135,385 137,274
Dilutive effect of outstanding stock awards (shares) 1,457 1,096 752 1,099
Diluted weighted average shares outstanding (shares) 137,128 137,476 136,137 138,373
Transportation        
Revenues:        
Total revenues $ 3,944,981 $ 3,608,346 $ 10,835,710 $ 10,751,890
Costs and expenses:        
Purchased products and services 3,378,651 2,999,979 9,141,354 8,826,233
Sourcing        
Revenues:        
Total revenues 279,819 247,786 821,944 764,292
Costs and expenses:        
Purchased products and services $ 256,876 $ 222,722 $ 744,621 $ 682,502