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Consolidated Statements of Earnings (USD $)
In Thousands, except Share data, unless otherwise specified
12 Months Ended
Dec. 31, 2011
Dec. 31, 2010
Dec. 31, 2009
Revenues:      
Airfreight services $ 2,893,474 $ 2,821,828 $ 1,831,317
Ocean freight and ocean services 1,878,595 1,955,400 1,297,685
Customs brokerage and other services 1,378,429 1,190,345 963,281
Total revenues 6,150,498 5,967,573 4,092,283
Operating Expenses:      
Airfreight consolidation 2,193,122 2,181,598 1,341,842
Ocean freight consolidation 1,443,170 1,569,877 973,462
Customs brokerage and other services 617,729 523,312 394,193
Salaries and related costs 993,358 894,132 774,214
Rent and occupancy costs 84,665 77,209 74,324
Depreciation and amortization 36,776 36,900 40,035
Selling and promotion 38,974 32,055 26,295
Other 124,377 105,260 82,917
Total operating expenses 5,532,171 5,420,343 3,707,282
Operating income 618,327 547,230 385,001
Other Income (Expense):      
Interest income 10,235 7,002 10,177
Interest expense (970) (576) (499)
Other, net 10,436 10,412 8,193
Other income, net 19,701 16,838 17,871
Earnings before income taxes 638,028 564,068 402,872
Income tax expense 251,785 219,863 162,475
Net earnings 386,243 344,205 240,397
Less net earnings attributable to the noncontrolling interest 564 33 180
Net earnings attributable to shareholders $ 385,679 $ 344,172 $ 240,217
Diluted earnings attributable to shareholders per share $ 1.79 $ 1.59 $ 1.11
Basic earnings attributable to shareholders per share $ 1.82 $ 1.62 $ 1.13
Weighted average diluted shares outstanding 215,033,580 216,446,656 216,533,240
Weighted average basic shares outstanding 212,117,511 212,283,966 212,112,744