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Segment Results:
6 Months Ended
Jun. 30, 2013
Segment Results:  
Segment Results:

(12)                         Segment results for the three and six months ended June 30, 2013 and 2012 were as follows (in millions):

 

 

 

Three Months Ended

 

Six Months Ended

 

 

 

June 30,

 

June 30,

 

 

 

2013

 

2012

 

2013

 

2012

 

Revenue:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Ocean transportation

 

$

310.0

 

$

299.5

 

$

609.9

 

$

579.0

 

Logistics

 

106.6

 

94.7

 

201.4

 

181.3

 

Total revenue

 

$

416.6

 

$

394.2

 

$

811.3

 

$

760.3

 

 

 

 

 

 

 

 

 

 

 

Operating Income, Net Income:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Ocean transportation

 

34.3

 

$

31.2

 

$

52.8

 

$

37.0

 

Logistics

 

2.2

 

1.3

 

2.4

 

1.6

 

Total operating income

 

36.5

 

32.5

 

55.2

 

38.6

 

Interest Expense

 

(3.6

)

(1.9

)

(7.3

)

(3.9

)

Income From Continuing Operations Before Income Taxes

 

32.9

 

30.6

 

47.9

 

34.7

 

Income Tax Expense

 

12.8

 

15.3

 

18.7

 

17.4

 

Income From Continuing Operations

 

20.1

 

15.3

 

29.2

 

17.3

 

Loss From Discontinued Operations (net of income taxes)

 

 

(7.5

)

 

(6.1

)

Net Income

 

$

20.1

 

$

7.8

 

$

29.2

 

$

11.2