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Condensed Consolidated Statements of Earnings (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2020
Sep. 30, 2019
Sep. 30, 2020
Sep. 30, 2019
Operating revenues $ 2,472,523 $ 2,363,660 $ 6,898,921 $ 6,714,934
Operating expenses:        
Rents and purchased transportation 1,297,333 1,196,377 3,467,782 3,282,682
Salaries, wages and employee benefits 594,162 554,872 1,722,548 1,606,344
Depreciation and amortization 132,392 126,803 392,786 370,728
Fuel and fuel taxes 87,350 114,764 263,932 344,926
Operating supplies and expenses 86,103 87,044 250,835 249,480
General and administrative expenses, net of asset dispositions 41,894 49,077 131,654 140,654
Insurance and claims 35,412 43,956 98,672 124,963
Operating taxes and licenses 13,696 14,266 40,575 40,991
Communication and utilities 8,678 8,639 24,710 25,416
Total operating expenses 2,297,020 2,195,798 6,393,494 6,186,184
Operating income 175,503 167,862 505,427 528,750
Net interest expense 11,895 12,357 36,749 40,153
Earnings before income taxes 163,608 155,505 468,678 488,597
Income taxes 38,112 37,095 116,650 116,953
Net earnings $ 125,496 $ 118,410 $ 352,028 $ 371,644
Weighted average basic shares outstanding (in shares) 105,653 106,735 105,714 107,610
Basic earnings per share (in dollars per share) $ 1.19 $ 1.11 $ 3.33 $ 3.45
Weighted average diluted shares outstanding (in shares) 106,798 107,692 106,776 108,569
Diluted earnings per share (in dollars per share) $ 1.18 $ 1.10 $ 3.30 $ 3.42
Dividends declared per common share (in dollars per share) $ 0.27 $ 0.26 $ 0.81 $ 0.78
Service Excluding Fuel Surcharge [Member]        
Operating revenues $ 2,296,053 $ 2,102,494 $ 6,327,876 $ 5,954,102
Fuel Surcharge [Member]        
Operating revenues $ 176,470 $ 261,166 $ 571,045 $ 760,832