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CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME (LOSS) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2017
Jun. 30, 2016
Jun. 30, 2017
Jun. 30, 2016
Revenues:        
Freight $ 149,654 $ 136,792 $ 275,209 $ 263,051
Brokerage 28,656 21,778 49,525 42,382
Logistics 2,700   2,700  
Fuel surcharge 16,313 11,787 30,323 21,805
Total revenue 197,323 170,357 357,757 327,238
Operating expenses:        
Salaries, wages and employee benefits 58,186 50,207 108,307 100,562
Fuel 20,466 17,283 39,689 31,780
Operations and maintenance 28,967 24,358 52,191 45,059
Communications 549 354 952 838
Purchased freight 49,760 41,185 87,346 77,960
Administrative expenses 8,022 5,096 15,400 12,490
Sales and marketing 555 483 937 846
Taxes and licenses 2,611 2,345 4,892 4,678
Insurance and claims 5,042 4,542 9,165 8,583
Acquisition-related transaction expenses 1,037 3 1,483 18
Depreciation and amortization 17,638 16,644 33,953 33,517
(Gain) loss on disposition of revenue property and equipment 26 571 (174) 652
Total operating expenses 192,859 163,071 354,141 316,983
Income from operations 4,464 7,286 3,616 10,255
Other (income) expense:        
Interest income (50) (16) (54) (36)
Interest expense 6,544 5,446 12,440 10,797
Write-off of unamortized deferred financing fees     3,883  
Other (107) (129) (215) (202)
Total other expense 6,387 5,301 16,054 10,559
Income (loss) before provision (benefit) for income taxes (1,923) 1,985 (12,438) (304)
Provision (benefit) for income taxes 2,184 974 (586) (75)
Net income (loss) (4,107) 1,011 (11,852) (229)
Other comprehensive loss:        
Unrealized income (loss) on interest rate swaps   (1) 52 (61)
Foreign currency translation adjustments 507   507  
Comprehensive income (loss) (3,600) 1,010 (11,293) (290)
Net income (loss) (4,107) 1,011 (11,852) (229)
Net loss attributable to common stockholders $ (5,800) $ (232) $ (14,352) $ (2,715)
Net loss per common share:        
Basic and Diluted $ (0.15) $ (0.01) $ (0.44) $ (0.13)
Weighted-average common shares outstanding:        
Basic and Diluted 37,945,310 20,980,961 32,468,674 20,980,961
Series A        
Other comprehensive loss:        
Dividends to convertible preferred stockholders $ (1,693)   $ (1,694)  
Weighted-average common shares outstanding:        
Dividends declared per convertible preferred share $ 0.68   $ 0.68  
Series B        
Other comprehensive loss:        
Dividends to convertible preferred stockholders   $ (1,243) $ (806) $ (2,486)
Weighted-average common shares outstanding:        
Dividends declared per convertible preferred share   $ 18.75 $ 12.50 $ 37.50