XML 12 R2.htm IDEA: XBRL DOCUMENT v3.7.0.1
Condensed Consolidated Statements of Income and Comprehensive Income - USD ($)
shares in Millions, $ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2017
Jun. 30, 2016
Jun. 30, 2017
Jun. 30, 2016
Operating Revenue:        
Ocean Transportation $ 392.7 $ 370.9 $ 762.7 $ 737.0
Logistics 119.8 96.8 224.2 184.9
Total Operating Revenue 512.5 467.7 986.9 921.9
Costs and Expenses:        
Operating costs (422.9) (389.9) (835.1) (766.3)
Equity in income of related party Terminal Joint Venture 6.9 3.0 11.8 5.6
Selling, general and administrative (50.6) (44.7) (101.3) (90.5)
Total Costs and Expenses (466.6) (431.6) (924.6) (851.2)
Operating Income 45.9 36.1 62.3 70.7
Interest expense (6.3) (6.5) (12.6) (11.4)
Income before Income Taxes 39.6 29.6 49.7 59.3
Income tax expense (15.6) (11.6) (18.7) (23.2)
Net Income 24.0 18.0 31.0 36.1
Other Comprehensive Income (Loss), Net of Income Taxes:        
Net Income 24.0 18.0 31.0 36.1
Other Comprehensive Income (Loss):        
Net gain in prior service cost 0.1   0.1 0.7
Amortization of prior service cost included in net periodic pension cost (0.3) (0.2) (0.7) (0.6)
Amortization of net loss included in net periodic pension cost 1.2 1.0 2.1 2.1
Other adjustments     0.2 (0.1)
Total Other Comprehensive Income 1.0 0.8 1.7 2.1
Comprehensive Income $ 25.0 $ 18.8 $ 32.7 $ 38.2
Basic Earnings Per-Share: (in dollars per share) $ 0.56 $ 0.42 $ 0.72 $ 0.83
Diluted Earnings Per-Share: (in dollars per share) $ 0.55 $ 0.42 $ 0.72 $ 0.83
Weighted Average Number of Shares Outstanding:        
Basic (in shares) 43.1 43.1 43.1 43.3
Diluted (in shares) 43.3 43.4 43.3 43.7
Dividends        
Cash Dividends Per-Share $ 0.19 $ 0.18 $ 0.38 $ 0.36