XML 14 R2.htm IDEA: XBRL DOCUMENT v3.25.3
CONSOLIDATED STATEMENTS OF INCOME (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2025
Sep. 30, 2024
Sep. 30, 2025
Sep. 30, 2024
Income Statement [Abstract]        
Operating revenues $ 771,499 $ 745,701 $ 2,236,761 $ 2,275,579
Operating expenses:        
Salaries, wages and benefits 268,720 258,335 762,396 783,492
Fuel 64,059 64,886 187,552 214,506
Supplies and maintenance 65,496 61,548 187,796 185,311
Taxes and licenses 23,189 23,565 68,633 74,223
Insurance and claims 38,060 27,678 75,024 95,937
Depreciation and amortization 72,184 71,584 212,990 218,526
Rent and purchased transportation 243,115 211,667 677,537 626,009
Communications and utilities 3,967 4,186 12,054 13,019
Other 5,730 4,657 5,311 11,762
Total operating expenses 784,520 728,106 2,189,293 2,222,785
Operating income (loss) (13,021) 17,595 47,468 52,794
Other expense (income):        
Interest expense 9,935 11,093 28,825 28,084
Interest income (1,362) (1,834) (4,341) (5,305)
Loss (gain) on investments in equity securities (38) 37 (3) 227
Loss (earnings) from equity method investment 289 (295) (553) (21)
Other 60 50 (257) (181)
Total other expense, net 8,884 9,051 23,671 22,804
Income (loss) before income taxes (21,905) 8,544 23,797 29,990
Income tax expense (benefit) (822) 2,004 11,479 8,002
Net income (loss) (21,083) 6,540 12,318 21,988
Net loss attributable to noncontrolling interest 508 25 1,071 354
Net income (loss) attributable to Werner $ (20,575) $ 6,565 $ 13,389 $ 22,342
Earnings (loss) per share:        
Basic (in dollars per share) $ (0.34) $ 0.11 $ 0.22 $ 0.36
Diluted (in dollars per share) $ (0.34) $ 0.11 $ 0.22 $ 0.36
Weighted-average common shares outstanding:        
Basic (in shares) 59,830 61,808 60,862 62,659
Diluted (in shares) 59,830 62,022 61,015 62,862