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REPORTABLE SEGMENTS (Tables)
6 Months Ended
Jun. 30, 2017
REPORTABLE SEGMENTS  
Schedule of reportable segment information

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Three Months Ended

 

Six Months Ended

 

 

 

June 30, 

 

June 30, 

 

(In millions)

    

2017

    

2016

    

2017

    

2016

    

Operating Revenue:

 

 

 

 

 

 

 

 

 

 

 

 

 

Ocean Transportation

 

$

392.7

 

$

370.9

 

$

762.7

 

$

737.0

 

Logistics (1)

 

 

119.8

 

 

96.8

 

 

224.2

 

 

184.9

 

Total Operating Revenue

 

$

512.5

 

$

467.7

 

$

986.9

 

$

921.9

 

Operating Income:

 

 

 

 

 

 

 

 

 

 

 

 

 

Ocean Transportation

 

$

39.0

 

$

33.9

 

$

53.5

 

$

66.9

 

Logistics (1)

 

 

6.9

 

 

2.2

 

 

8.8

 

 

3.8

 

Total Operating Income

 

 

45.9

 

 

36.1

 

 

62.3

 

 

70.7

 

Interest expense, net

 

 

(6.3)

 

 

(6.5)

 

 

(12.6)

 

 

(11.4)

 

Income before Income Taxes

 

 

39.6

 

 

29.6

 

 

49.7

 

 

59.3

 

Income taxes

 

 

(15.6)

 

 

(11.6)

 

 

(18.7)

 

 

(23.2)

 

Net Income

 

$

24.0

 

$

18.0

 

$

31.0

 

$

36.1

 


Logistics operating results include Span Alaska operating results from the date of acquisition on August 4, 2016.