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Condensed Consolidated Statements of Earnings - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2025
Mar. 31, 2024
Revenues:    
Revenue from Contract with Customer, Excluding Assessed Tax $ 2,666,419 $ 2,206,678
Operating Expenses:    
Directly related cost of transportation and other expenses [1] 1,776,675 1,433,280
Salaries and related costs 457,937 413,162
Rent and occupancy 64,343 61,252
Depreciation and amortization 14,604 15,161
Selling and promotion 8,574 6,779
Other 78,428 62,268
Total operating expenses 2,400,561 1,991,902
Operating income 265,858 214,776
Other Income (Expense):    
Interest income 9,184 14,878
Other, net 839 3,528
Other income, net 10,023 18,406
Earnings before income taxes 275,881 233,182
Income tax expense 71,782 62,782
Net earnings 204,099 170,400
Less net earnings attributable to the noncontrolling interest 304 1,248
Net earnings attributable to shareholders $ 203,795 $ 169,152
Diluted earnings attributable to shareholders per share $ 1.47 $ 1.17
Basic earnings attributable to shareholders per share $ 1.48 $ 1.18
Weighted average diluted shares outstanding 138,435 144,125
Weighted average basic shares outstanding 137,833 143,194
Airfreight services    
Revenues:    
Revenue from Contract with Customer, Excluding Assessed Tax $ 901,760 $ 759,374
Operating Expenses:    
Directly related cost of transportation and other expenses 648,494 537,591
Ocean freight and ocean services    
Revenues:    
Revenue from Contract with Customer, Excluding Assessed Tax 781,665 570,786
Operating Expenses:    
Directly related cost of transportation and other expenses 573,901 413,983
Customs brokerage and other services    
Revenues:    
Revenue from Contract with Customer, Excluding Assessed Tax 982,994 876,518
Operating Expenses:    
Directly related cost of transportation and other expenses $ 554,280 $ 481,706
[1] Directly related cost of transportation and other expenses totals operating expenses from airfreight services, ocean freight and ocean services and customs brokerage and other services as shown in the condensed consolidated statements of earnings.