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Condensed Consolidated Statements of Earnings (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2017
Jun. 30, 2016
Jun. 30, 2017
Jun. 30, 2016
Operating revenues, excluding fuel surcharge revenues $ 1,551,051 $ 1,483,354 $ 3,012,820 $ 2,910,008
Fuel surcharge revenues 175,864 131,672 343,253 233,730
Total operating revenues 1,726,915 1,615,026 3,356,073 3,143,738
Operating expenses:        
Rents and purchased transportation 871,122 794,907 1,677,562 1,535,310
Salaries, wages and employee benefits 389,873 371,969 770,184 734,480
Depreciation and amortization 93,050 90,364 185,238 178,716
Fuel and fuel taxes 79,072 71,489 159,719 130,903
Operating supplies and expenses 64,486 56,495 122,507 111,031
Insurance and claims 27,461 19,094 50,466 36,522
General and administrative expenses, net of asset dispositions 21,728 18,711 45,209 40,545
Operating taxes and licenses 10,905 11,365 21,585 22,491
Communication and utilities 5,603 4,840 10,599 10,058
Total operating expenses 1,563,300 1,439,234 3,043,069 2,800,056
Operating income 163,615 175,792 313,004 343,682
Net interest expense 7,393 6,420 14,211 12,862
Earnings before income taxes 156,222 169,372 298,793 330,820
Income taxes 58,353 64,361 98,222 125,711
Net earnings $ 97,869 $ 105,011 $ 200,571 $ 205,109
Weighted average basic shares outstanding (in shares) 109,630 112,669 110,250 112,871
Basic earnings per share (in dollars per share) $ 0.89 $ 0.93 $ 1.82 $ 1.82
Weighted average diluted shares outstanding (in shares) 110,822 113,761 111,420 113,882
Diluted earnings per share (in dollars per share) $ 0.88 $ 0.92 $ 1.80 $ 1.80
Dividends declared per common share (in dollars per share) $ 0.23 $ 0.22 $ 0.46 $ 0.44