XML 53 R2.htm IDEA: XBRL DOCUMENT v3.19.3
Consolidated Statements Of Income - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2019
Sep. 30, 2018
Sep. 30, 2019
Sep. 30, 2018
Operating revenues $ 618,264 $ 629,735 $ 1,841,914 $ 1,811,549
Operating expenses:        
Salaries, wages and benefits 209,586 201,606 618,386 580,515
Fuel 59,518 67,072 176,720 191,769
Supplies and maintenance 46,907 47,136 136,963 138,556
Taxes and licenses 24,244 18,463 70,788 63,607
Insurance and claims 21,930 22,011 65,631 73,858
Depreciation 62,620 58,382 184,816 170,439
Rent and purchased transportation 134,797 147,870 413,809 435,225
Communications and utilities 3,892 3,993 11,806 12,028
Other 1,413 (184) 3,177 (3,732)
Total operating expenses 564,907 566,349 1,682,096 1,662,265
Operating income 53,357 63,386 159,818 149,284
Other expense (income):        
Interest expense 2,408 870 4,695 1,842
Interest income (756) (646) (2,648) (2,079)
Other 47 41 (11) 172
Total other expense (income) 1,699 265 2,036 (65)
Income before income taxes 51,658 63,121 157,782 149,349
Income taxes 12,614 15,607 39,334 35,764
Net income $ 39,044 $ 47,514 $ 118,448 $ 113,585
Earnings per share:        
Basic $ 0.56 $ 0.67 $ 1.70 $ 1.58
Diluted $ 0.56 $ 0.66 $ 1.69 $ 1.57
Weighted-average common shares outstanding:        
Basic 69,198 71,436 69,684 72,001
Diluted 69,600 71,752 70,053 72,300