XML 54 R45.htm IDEA: XBRL DOCUMENT v3.8.0.1
Restatement of Previously Issued Financial Statements (Impact on Consolidated Statements of Operations) (Details)
$ / shares in Units, shares in Thousands, $ in Thousands
3 Months Ended 56 Months Ended
Mar. 31, 2016
USD ($)
$ / shares
shares
Mar. 31, 2015
USD ($)
$ / shares
shares
Sep. 30, 2015
company
Error Corrections and Prior Period Adjustments Restatement [Line Items]      
Revenues [1] $ 466,546 $ 488,834  
Operating expenses:      
Purchased transportation costs [1] 308,039 327,377  
Personnel and related benefits [1] 68,349 62,964  
Other operating expenses [1] 73,873 71,212  
Depreciation and amortization [1] 9,209 6,807  
Total operating expenses [1] 459,470 468,360  
Operating income [1] 7,076 20,474  
Interest expense [1] 5,608 4,609  
Income before provision for income taxes [1] 1,468 15,865  
Provision for income taxes [1] 568 6,045  
Net income [1],[2] $ 900 $ 9,820  
Earnings per share:      
Basic (in dollars per share) | $ / shares [1] $ 0.02 $ 0.26  
Diluted (in dollars per share) | $ / shares [1] $ 0.02 $ 0.25  
Weighted average common stock outstanding:      
Basic (in shares) | shares [1] 38,284 38,011  
Diluted (in shares) | shares [1] 38,372 39,324  
As Previously Reported      
Error Corrections and Prior Period Adjustments Restatement [Line Items]      
Revenues $ 465,632 $ 488,970  
Operating expenses:      
Purchased transportation costs 308,474 328,491  
Personnel and related benefits 67,601 62,055  
Other operating expenses 69,415 64,745  
Depreciation and amortization 9,536 6,877  
Total operating expenses 455,026 462,168  
Operating income 10,606 26,802  
Interest expense 5,608 4,609  
Income before provision for income taxes 4,998 22,193  
Provision for income taxes 1,933 8,589  
Net income $ 3,065 $ 13,604  
Earnings per share:      
Basic (in dollars per share) | $ / shares $ 0.08 $ 0.36  
Diluted (in dollars per share) | $ / shares $ 0.08 $ 0.35  
Weighted average common stock outstanding:      
Basic (in shares) | shares 38,284 38,011  
Diluted (in shares) | shares 38,372 39,341  
Adjustments      
Operating expenses:      
Net income $ (2,165) $ (3,784)  
Adjustments | Receivables & Related Reserves      
Error Corrections and Prior Period Adjustments Restatement [Line Items]      
Revenues 1,914 (136)  
Operating expenses:      
Purchased transportation costs 0 0  
Personnel and related benefits 0 0  
Other operating expenses 553 1,979  
Depreciation and amortization 0 0  
Total operating expenses 553 1,979  
Operating income 1,361 (2,115)  
Interest expense 0 0  
Income before provision for income taxes 1,361 (2,115)  
Provision for income taxes 0 0  
Net income 1,361 (2,115)  
Adjustments | Unrecorded Charges & Contingent Liabilities      
Error Corrections and Prior Period Adjustments Restatement [Line Items]      
Revenues (1,000) 0  
Operating expenses:      
Purchased transportation costs (435) (1,114)  
Personnel and related benefits 748 909  
Other operating expenses 34 2,032  
Depreciation and amortization 0 0  
Total operating expenses 347 1,827  
Operating income (1,347) (1,827)  
Interest expense 0 0  
Income before provision for income taxes (1,347) (1,827)  
Provision for income taxes 0 0  
Net income (1,347) (1,827)  
Adjustments | Insurance Reserves & Related Receivables      
Error Corrections and Prior Period Adjustments Restatement [Line Items]      
Revenues 0 0  
Operating expenses:      
Purchased transportation costs 0 0  
Personnel and related benefits 0 0  
Other operating expenses 1,279 1,373  
Depreciation and amortization 0 0  
Total operating expenses 1,279 1,373  
Operating income (1,279) (1,373)  
Interest expense 0 0  
Income before provision for income taxes (1,279) (1,373)  
Provision for income taxes 0 0  
Net income (1,279) (1,373)  
Adjustments | Capital Improvements & Aircraft Spare Parts      
Error Corrections and Prior Period Adjustments Restatement [Line Items]      
Revenues 0 0  
Operating expenses:      
Purchased transportation costs 0 0  
Personnel and related benefits 0 0  
Other operating expenses 2,592 1,083  
Depreciation and amortization (327) (70)  
Total operating expenses 2,265 1,013  
Operating income (2,265) (1,013)  
Interest expense 0 0  
Income before provision for income taxes (2,265) (1,013)  
Provision for income taxes 0 0  
Net income (2,265) (1,013)  
Adjustments | Income Taxes & Debt Reclassification      
Error Corrections and Prior Period Adjustments Restatement [Line Items]      
Revenues 0 0  
Operating expenses:      
Purchased transportation costs 0 0  
Personnel and related benefits 0 0  
Other operating expenses 0 0  
Depreciation and amortization 0 0  
Total operating expenses 0 0  
Operating income 0 0  
Interest expense 0 0  
Income before provision for income taxes 0 0  
Provision for income taxes (1,365) (2,544)  
Net income $ 1,365 $ 2,544  
Non-Public Companies      
Error Corrections and Prior Period Adjustments Restatement [Line Items]      
Number of businesses acquired | company     25
[1] See Note 13 “Restatement of Previously Issued Financial Statements
[2] See Note 13 “Restatement of Previously Issued Financial Statements.”