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Condensed Consolidated Statements of Earnings - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2015
Sep. 30, 2014
Sep. 30, 2015
Sep. 30, 2014
Revenues:        
Airfreight services $ 659,607 $ 686,434 $ 2,060,863 $ 2,000,829
Ocean freight and ocean services 559,976 600,483 1,702,465 1,606,145
Customs brokerage and other services 431,749 418,188 1,257,083 1,188,917
Total revenues 1,651,332 1,705,105 5,020,411 4,795,891
Operating Expenses:        
Airfreight services 464,161 516,969 1,484,150 1,503,064
Ocean freight and ocean services 416,075 475,460 1,294,887 1,266,551
Customs brokerage and other services 201,115 199,420 589,766 563,720
Salaries and related costs 295,566 272,548 861,509 789,257
Rent and occupancy costs 25,747 26,396 76,106 76,959
Depreciation and amortization 11,475 12,741 34,424 37,540
Selling and promotion 10,370 9,240 30,146 26,704
Other 34,930 33,200 105,931 95,319
Total operating expenses 1,459,439 1,545,974 4,476,919 4,359,114
Operating income 191,893 159,131 543,492 436,777
Other Income (Expense):        
Interest income 2,666 2,793 8,034 8,254
Other, net (3,085) 2,336 753 5,245
Other (expense) income, net (419) 5,129 8,787 13,499
Earnings before income taxes 191,474 164,260 552,279 450,276
Income tax expense 72,738 61,463 207,882 171,556
Net earnings 118,736 102,797 344,397 278,720
Less net earnings attributable to the noncontrolling interest 426 416 1,623 1,213
Net earnings attributable to shareholders $ 118,310 $ 102,381 $ 342,774 $ 277,507
Diluted earnings attributable to shareholders per share $ 0.62 $ 0.53 $ 1.79 $ 1.40
Basic earnings attributable to shareholders per share 0.63 0.53 1.80 1.41
Dividends declared and paid per common share $ 0.00 $ 0.00 $ 0.36 $ 0.32
Weighted average diluted shares outstanding 189,641,774 195,001,267 191,447,796 197,953,810
Weighted average basic shares outstanding 188,424,400 194,419,071 190,231,986 197,305,251