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QUARTERLY INFORMATION (Unaudited) (Tables)
12 Months Ended
Dec. 31, 2014
QUARTERLY INFORMATION (Unaudited)  
Schedule of quarterly financial information (unaudited)

 

 

 

Quarters During the Year Ended December 31, 2014

 

                                                                                                                 

 

Q1

 

Q2

 

Q3

 

Q4

 

Revenue:

 

 

 

 

 

 

 

 

 

Ocean Transportation

 

$

294.6

 

$

321.1

 

$

329.5

 

$

333.2

 

Logistics

 

97.9

 

115.3

 

112.3

 

110.3

 

Total operating revenue

 

$

392.5

 

$

436.4

 

$

441.8

 

$

443.5

 

Operating Income:

 

 

 

 

 

 

 

 

 

Ocean Transportation

 

$

9.4

 

$

32.8

 

$

42.6

 

$

46.3

 

Logistics

 

0.5

 

2.9

 

2.4

 

3.1

 

Total operating income

 

9.9

 

35.7

 

45.0

 

49.4

 

Interest Expense

 

(4.1

)

(4.5

)

(4.4

)

(4.3

)

Income before Income Taxes

 

5.8

 

31.2

 

40.6

 

45.1

 

Income tax expense

 

(2.4

)

(13.1

)

(19.1

)

(17.3

)

Net Income

 

$

3.4

 

$

18.1

 

$

21.5

 

$

27.8

 

 

 

 

 

 

 

 

 

 

 

Basic Earnings Per Share:

 

$

0.08

 

$

0.42

 

$

0.50

 

$

0.65

 

Diluted Earnings Per Share:

 

$

0.08

 

$

0.42

 

$

0.50

 

$

0.63

 

                                                                                                                                                                                           

 

 

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 (loss):

 

 

 

 

 

 

 

 

 

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 before Income Taxes

 

15.0

 

32.9

 

23.6

 

14.4

 

Income tax expense

 

(5.9

)

(12.8

)

(6.4

)

(7.1

)

Net Income

 

$

9.1

 

$

20.1

 

$

17.2

 

$

7.3

 

 

 

 

 

 

 

 

 

 

 

Basic Earnings Per Share:

 

$

0.21

 

$

0.47

 

$

0.40

 

$

0.17

 

Diluted Earnings Per Share:

 

$

0.21

 

$

0.47

 

$

0.40

 

$

0.17