ACQUISITIONS (Tables)

6 Months Ended

Jun. 30, 2022

Business Combination and Asset Acquisition [Abstract]

Schedule of purchase price allocation of net assets

The following is a summary of the preliminary allocation of the purchase price paid to the fair values of the net assets, net of cash acquired (in millions):

	SJ Transportation
Accounts receivable	$	3.4
Other current assets		1.8
Property and equipment		10.0
Goodwill		8.1
Accounts payable and other liabilities		(4.0	)
Total	$	19.3

Schedule of pro forma financial information

The following supplemental pro forma financial information reflects the SJ Transportation acquisition as if it occurred on January 1, 2021 (in millions). This pro forma financial information has been presented for illustrative purposes only and is not necessarily indicative of the operating results that would have been achieved had the pro forma events taken place on January 1, 2021. Further, the pro forma financial information does not purport to project the future operating results of the consolidated company.

	Three Months Ended June 30,					Six Months Ended June 30,
(in millions, except per share amounts)		2022		2021			2022		2021
Pro forma revenue		$	481.3	$	409.9		$	906.2	$	749.9
Pro forma net income		$	17.7	$	36.0		$	30.9	$	29.4
Pro forma earnings per common share:
Basic		$	0.26	$	0.53		$	0.44	$	0.41
Diluted		$	0.24	$	0.50		$	0.43	$	0.40