XML 28 R18.htm IDEA: XBRL DOCUMENT v3.10.0.1
REPORTABLE SEGMENTS (Tables)
 6 Months Ended
Jun. 30, 2018
REPORTABLE SEGMENTS  
Schedule of reportable segment information

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Three Months Ended

 

Six Months Ended

 

 

 

June 30, 

 

June 30, 

 

(In millions)

    

2018

    

2017

    

2018

    

2017

    

Operating Revenue:

 

 

 

 

 

 

 

 

 

 

 

 

 

Ocean Transportation

 

$

406.6

 

$

392.7

 

$

785.9

 

$

762.7

 

Logistics

 

 

150.5

 

 

119.8

 

 

282.6

 

 

224.2

 

Total Operating Revenue

 

$

557.1

 

$

512.5

 

$

1,068.5

 

$

986.9

 

Operating Income:

 

 

 

 

 

 

 

 

 

 

 

 

 

Ocean Transportation (1)

 

$

36.5

 

$

40.0

 

$

61.0

 

$

55.3

 

Logistics

 

 

9.5

 

 

7.0

 

 

13.7

 

 

8.9

 

Total Operating Income

 

 

46.0

 

 

47.0

 

 

74.7

 

 

64.2

 

Interest expense, net

 

 

(5.0)

 

 

(6.3)

 

 

(10.0)

 

 

(12.6)

 

Other income (expense), net

 

 

0.4

 

 

(1.1)

 

 

1.2

 

 

(1.9)

 

Income before Income Taxes

 

 

41.4

 

 

39.6

 

 

65.9

 

 

49.7

 

Income taxes

 

 

(8.8)

 

 

(15.6)

 

 

(19.1)

 

 

(18.7)

 

Net Income

 

$

32.6

 

$

24.0

 

$

46.8

 

$

31.0

 

Ocean Transportation segment information includes $9.1 million and $6.9 million of equity in income from the Terminal Joint Venture for the three months ended June 30, 2018 and 2017, and $19.6 million and $11.8 million for the six months ended June 30, 2018 and 2017, respectively.