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Consolidated Statements of Comprehensive Income - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Jun. 30, 2023
Jun. 30, 2022
Income Statement [Abstract]        
Operating Revenue $ 306,169 $ 187,821 $ 637,085 $ 339,097
Operating Expenses        
Salaries, wages, and benefits 120,311 65,869 243,643 124,506
Rent and purchased transportation 28,468 3,127 61,611 3,874
Fuel 49,867 42,046 107,396 71,758
Operations and maintenance 16,047 6,066 31,073 11,146
Operating taxes and licenses 5,457 3,352 11,001 6,562
Insurance and claims 10,433 6,339 21,435 11,905
Communications and utilities 2,679 1,126 5,555 2,204
Depreciation and amortization 48,337 24,309 96,806 47,620
Other operating expenses 16,362 12,244 34,253 18,042
Gain on disposal of property and equipment (8,022) (81,712) (14,809) (85,970)
Total operating expenses 289,939 82,766 597,964 211,647
Operating income 16,230 105,055 39,121 127,450
Interest income 592 260 1,076 406
Interest Expense (6,111) (174) (12,187) (174)
Income before income taxes 10,711 105,141 28,010 127,682
Federal and state income taxes 2,940 28,235 7,627 34,001
Net Income 7,771 76,906 20,383 93,681
Other comprehensive income, net of tax 0 0 0 0
Comprehensive income $ 7,771 $ 76,906 $ 20,383 $ 93,681
Net income per share        
Basic $ 0.10 $ 0.97 $ 0.26 $ 1.19
Diluted $ 0.10 $ 0.97 $ 0.26 $ 1.19
Weighted average shares outstanding        
Basic 78,999 78,934 78,993 78,931
Diluted 79,081 78,959 79,052 78,956
Dividends declared per share $ 0.02 $ 0.02 $ 0.04 $ 0.04