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Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2017
Jun. 30, 2016
Jun. 30, 2017
Jun. 30, 2016
OPERATING REVENUES:        
Revenue, before fuel surcharge $ 93,097 $ 98,921 $ 186,700 $ 192,570
Fuel surcharge 15,549 12,595 31,350 22,535
Total operating revenues 108,646 111,516 218,050 215,105
OPERATING EXPENSES AND COSTS:        
Salaries, wages and benefits 25,263 27,841 51,167 55,324
Operating supplies and expenses 19,410 21,042 39,642 40,160
Rent and purchased transportation 43,717 40,718 86,839 78,105
Depreciation 10,485 9,668 21,156 18,845
Insurance and claims 4,439 4,491 9,135 8,549
Other 2,304 2,014 4,421 4,184
Loss (gain) on disposition of equipment 130 (1,612) 130 (3,002)
Total operating expenses and costs 105,748 104,162 212,490 202,165
OPERATING INCOME 2,898 7,354 5,560 12,940
NON-OPERATING INCOME (EXPENSE) 650 (10) 2,702 (32)
INTEREST EXPENSE (935) (910) (1,912) (1,732)
INCOME BEFORE INCOME TAXES 2,613 6,434 6,350 11,176
FEDERAL AND STATE INCOME TAX EXPENSE:        
Current 66 28 133 52
Deferred 938 2,414 2,325 4,197
Total federal and state income tax expense 1,004 2,442 2,458 4,249
NET INCOME $ 1,609 $ 3,992 $ 3,892 $ 6,927
INCOME PER COMMON SHARE:        
Basic (in dollars per share) $ 0.25 $ 0.61 $ 0.61 $ 1.01
Diluted (in dollars per share) $ 0.25 $ 0.61 $ 0.61 $ 1.01
AVERAGE COMMON SHARES OUTSTANDING:        
Basic (in shares) 6,381 6,551 6,390 6,836
Diluted (in shares) 6,430 6,572 6,412 6,858