QUARTERLY INFORMATION (Unaudited)

12 Months Ended

Dec. 31, 2013

QUARTERLY INFORMATION (Unaudited)

QUARTERLY INFORMATION (Unaudited)

16.           QUARTERLY INFORMATION (Unaudited)

Segment results by quarter for 2013 and 2012 are listed below (in millions, except per-share amounts):

	Quarters During the Year Ended December 31, 2013
	Q1			Q2			Q3			Q4
Revenue:
Ocean transportation	$	299.9		$	310.0		$	310.1		$	309.4
Logistics	94.8			106.6			104.9			101.5
Total operating revenue	$	394.7		$	416.6		$	415.0		$	410.9
Operating Income:
Ocean transportation	$	18.5		$	34.3		$	25.5		$	16.0
Logistics	0.2			2.2			1.7			1.9
Total operating income	18.7			36.5			27.2			17.9
Interest Expense	(3.7		)	(3.6		)	(3.6		)	(3.5		)
Income From Continuing Operations before Income Taxes	15.0			32.9			23.6			14.4
Income tax expense	(5.9		)	(12.8		)	(6.4		)	(7.1		)
Income From Continuing Operations	9.1			20.1			17.2			7.3
Net Income (Loss) from Discontinued Operations Net of Income taxes (1)	—			—			—			—
Net Income	$	9.1		$	20.1		$	17.2		$	7.3
Income From Continuing Operations
Earnings Per Share:
Basic	$	0.21		$	0.47		$	0.40		$	0.17
Diluted	$	0.21		$	0.47		$	0.40		$	0.17
Net Income
Earnings Per Share:
Basic	$	0.21		$	0.47		$	0.40		$	0.17
Diluted	$	0.21		$	0.47		$	0.40		$	0.17

	Quarters During the Year Ended December 31,2012
	Q1			Q2			Q3			Q4
Revenue:
Ocean transportation	$	279.5		$	299.5		$	307.1		$	303.7
Logistics	86.6			94.7			94.3			94.6
Total operating revenue	$	366.1		$	394.2		$	401.4		$	398.3
Operating Income (loss):
Ocean transportation	$	5.8		$	31.2		$	32.9		$	26.7
Logistics	0.3			1.3			1.3			(2.8		)
Total operating income	6.1			32.5			34.2			23.9
Interest Expense	(2.0		)	(1.9		)	(4.0		)	(3.8		)
Income From Continuing Operations before Income Taxes	4.1			30.6			30.2			20.1
Income tax expense	(2.1		)	(15.3		)	(11.2		)	(4.4		)
Income From Continuing Operations	2.0			15.3			19.0			15.7
Net Income (Loss) from Discontinued Operations Net of Income taxes (1)	1.4			(7.5		)	0.1			(0.1		)
Net Income	$	3.4		$	7.8		$	19.1		$	15.6
Income From Continuing Operations
Earnings Per Share:
Basic	$	0.05		$	0.36		$	0.45		$	0.37
Diluted	$	0.05		$	0.36		$	0.45		$	0.37
Net Income
Earnings Per Share:
Basic	$	0.08		$	0.18		$	0.45		$	0.37
Diluted	$	0.08		$	0.18		$	0.45		$	0.36

(1) See Note 3 for discussion on discontinued operations.