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Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
OPERATING REVENUES:    
Operating revenues $ 182,592 $ 221,724
OPERATING EXPENSES AND COSTS:    
Salaries, wages and benefits 44,063 48,278
Operating supplies and expenses 34,712 41,073
Rent and purchased transportation 73,279 87,096
Depreciation 18,935 16,497
Insurance and claims 4,861 15,435
Other 7,179 5,423
Loss (Gain) on sale or disposition of equipment 240 (577)
Total operating expenses and costs 183,269 213,225
OPERATING INCOME (677) 8,499
NON-OPERATING INCOME 3,938 899
INTEREST EXPENSE (2,883) (2,356)
INCOME BEFORE INCOME TAXES 378 7,042
FEDERAL AND STATE INCOME TAX EXPENSE (BENEFIT):    
Current 105 2,371
Deferred (8) (560)
Total federal and state income tax expense 97 1,811
Net income $ 281 $ 5,231
INCOME PER COMMON SHARE:    
Basic (in dollars per share) $ 0.01 $ 0.24
Diluted (in dollars per share) $ 0.01 $ 0.23
AVERAGE COMMON SHARES OUTSTANDING:    
Basic (in shares) [1] 22,031 22,148
Diluted (in shares) [1] 22,127 22,317
Freight Transportation Service [Member]    
OPERATING REVENUES:    
Operating revenues $ 160,969 $ 193,454
Fuel Surcharge [Member]    
OPERATING REVENUES:    
Operating revenues $ 21,623 $ 28,270
[1] As adjusted for the Company’s 2-for-1 forward stock splits paid in August 2021 and March 2022, respectively.