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Condensed Consolidated Statements of Earnings (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2017
Sep. 30, 2016
Sep. 30, 2017
Sep. 30, 2016
Operating revenues, excluding fuel surcharge revenues $ 1,657,380 $ 1,538,701 $ 4,670,200 $ 4,448,709
Fuel surcharge revenues 185,954 151,958 529,208 385,688
Total operating revenues 1,843,334 1,690,659 5,199,408 4,834,397
Operating expenses:        
Rents and purchased transportation 947,145 846,238 2,624,707 2,381,547
Salaries, wages and employee benefits 408,340 374,517 1,178,524 1,108,997
Depreciation and amortization 95,959 91,001 281,198 269,717
Fuel and fuel taxes 87,006 74,179 246,725 205,082
Operating supplies and expenses 67,578 62,191 190,085 173,222
Insurance and claims 26,463 21,862 76,930 58,384
General and administrative expenses, net of asset dispositions 29,389 21,025 74,597 61,570
Operating taxes and licenses 10,744 11,665 32,329 34,156
Communication and utilities 5,738 5,004 16,337 15,063
Total operating expenses 1,678,362 1,507,682 4,721,432 4,307,738
Operating income 164,972 182,977 477,976 526,659
Net interest expense 8,310 6,485 22,521 19,347
Earnings before income taxes 156,662 176,492 455,455 507,312
Income taxes 56,277 67,067 154,499 192,778
Net earnings $ 100,385 $ 109,425 $ 300,956 $ 314,534
Weighted average basic shares outstanding (in shares) 109,703 112,630 110,066 112,790
Basic earnings per share (in dollars per share) $ 0.92 $ 0.97 $ 2.73 $ 2.79
Weighted average diluted shares outstanding (in shares) 110,628 113,363 111,154 113,709
Diluted earnings per share (in dollars per share) $ 0.91 $ 0.97 $ 2.71 $ 2.77
Dividends declared per common share (in dollars per share) $ 0.23 $ 0.22 $ 0.69 $ 0.66