XML 60 R4.htm IDEA: XBRL DOCUMENT v2.4.0.6
Consolidated Statements of Operations (USD $)
In Thousands, except Per Share data, unless otherwise specified
12 Months Ended
Dec. 31, 2012
Dec. 31, 2011
Dec. 31, 2010
Income Statement [Abstract]      
Revenues $ 1,073,354 $ 843,627 $ 632,018
Operating expenses:      
Purchased transportation costs 753,459 620,343 494,045
Personnel and related benefits 119,955 87,178 61,853
Other operating expenses 120,718 83,625 41,168
Depreciation and amortization 9,499 4,978 3,114
Acquisition transaction expenses 773 1,368 569
Restructuring and IPO related expenses 0 0 1,500
Total operating expenses 1,004,404 797,492 602,249
Operating income 68,950 46,135 29,769
Interest expense:      
Interest on long-term debt 7,981 4,135 7,954
Dividends on preferred stock subject to mandatory redemption 49 200 200
Total interest expense 8,030 4,335 8,154
Loss on early extinguishment of debt 0 0 15,916
Income before provision for income taxes 60,920 41,800 5,699
Provision for income taxes 23,390 15,929 2,108
Net income 37,530 25,871 3,591
Accretion of Series B preferred stock 0 0 765
Net income available to common stockholders $ 37,530 $ 25,871 $ 2,826
Earnings per share available to common stockholders:      
Basic (in usd per share) $ 1.21 $ 0.85 $ 0.11
Diluted (in usd per share) $ 1.16 $ 0.82 $ 0.11
Weighted average common stock outstanding:      
Basic (shares) 31,040 30,432 25,779
Diluted (shares) 32,425 31,545 26,777