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Quarterly Financial Data (Unaudited) (Tables)
 12 Months Ended
Dec. 31, 2015
Quarterly Financial Information Disclosure [Abstract]  
Schedule of Quarterly Financial Information
The Company’s unaudited results of operations for each of the quarters in the years ended December 31, 2015 and 2014 are summarized below:
XPO Logistics, Inc.
Quarterly Financial Data
(Unaudited)
 
(Dollars in millions, except per share data)
March 31, 2015
 
June 30, 2015
 
September 30, 2015
 
December 31, 2015
Revenue
$
703.0

 
$
1,215.9

 
$
2,362.0

 
$
3,342.3

Operating expenses
 
 
 
 
 
 
 
     Cost of transportation and services
440.8

 
707.3

 
1,237.3

 
1,786.0

     Direct operating expense
151.2

 
318.3

 
798.0

 
1,099.5

     Sales, general and administrative expense
115.8

 
220.4

 
282.4

 
494.8

          Total operating expenses
707.8

 
1,246.0

 
2,317.7

 
3,380.3

Operating (loss) income
(4.8
)
 
(30.1
)
 
44.3

 
(38.0
)
     Other expense (income)
0.2

 
2.1

 
1.6

 
(0.8
)
     Foreign currency loss (gain)
0.2

 
19.8

 
14.5

 
(0.4
)
     Interest expense
23.1

 
36.3

 
61.4

 
95.9

Loss before income tax (benefit) provision
(28.3
)
 
(88.3
)
 
(33.2
)
 
(132.7
)
     Income tax (benefit) provision
(13.6
)
 
(9.5
)
 
1.8

 
(69.6
)
Net loss
(14.7
)
 
(78.8
)
 
(35.0
)
 
(63.1
)
     Preferred stock beneficial conversion charge
—

 
—

 
(52.0
)
 
—

     Cumulative preferred dividends
(0.7
)
 
(0.7
)
 
(0.7
)
 
(0.7
)
     Net loss (income) attributable to noncontrolling interests
—

 
4.4

 
(4.9
)
 
1.0

Net loss attributable to common shareholders
$
(15.4
)
 
$
(75.1
)
 
$
(92.6
)
 
$
(62.8
)

 
 
 
 
 
 
 
Basic loss per share
$
(0.20
)
 
$
(0.89
)
 
$
(0.94
)
 
$
(0.58
)
Diluted loss per share
$
(0.20
)
 
$
(0.89
)
 
$
(0.94
)
 
$
(0.58
)

(Dollars in millions, except per share data)
March 31, 2014
 
June 30, 2014
 
September 30, 2014
 
December 31, 2014
Revenue
$
282.4

 
$
581.0

 
$
662.5

 
$
830.7

Operating expenses
 
 
 
 
 
 
 
     Cost of transportation and services
224.0

 
459.1

 
487.4

 
531.3

     Direct operating expense
4.0

 
27.2

 
71.0

 
171.0

     Sales, general and administrative expense
75.8

 
106.6

 
117.7

 
122.4

          Total operating expenses
303.8

 
592.9

 
676.1

 
824.7

Operating (loss) income
(21.4
)
 
(11.9
)
 
(13.6
)
 
6.0

     Other expense
0.1

 
0.3

 
0.3

 
(0.3
)
     Foreign currency loss
—

 
—

 
—

 
0.4

     Interest expense
10.1

 
3.4

 
17.8

 
16.7

Loss before income tax benefit
(31.6
)
 
(15.6
)
 
(31.7
)
 
(10.8
)
     Income tax benefit
(3.3
)
 
(1.8
)
 
(20.1
)
 
(0.9
)
Net loss
(28.3
)
 
(13.8
)
 
(11.6
)
 
(9.9
)
     Preferred stock beneficial conversion charge
—

 
—

 
—

 
(40.9
)
     Cumulative preferred dividends
(0.8
)
 
(0.7
)
 
(0.7
)
 
(0.7
)
Net loss attributable to common shareholders
$
(29.1
)
 
$
(14.5
)
 
$
(12.3
)
 
$
(51.5
)

 
 
 
 
 
 
 
Basic loss per share
$
(0.70
)
 
$
(0.28
)
 
$
(0.23
)
 
$
(0.77
)
Diluted loss per share
$
(0.70
)
 
$
(0.28
)
 
$
(0.23
)
 
$
(0.77
)