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Consolidated Statements of Comprehensive Income - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
OPERATING REVENUE $ 1,207,458 $ 967,996 $ 607,284
Operating Expenses      
Salaries, wages and benefits 474,803 346,271 250,035
Rent and purchased transportation 112,749 54,288 3,810
Fuel 212,228 194,608 99,597
Operations and maintenance 63,358 39,092 21,522
Operating taxes and licenses 21,804 16,387 13,595
Insurance and claims 45,278 34,436 20,826
Communications and utilities 10,508 6,995 4,447
Depreciation and amortization 199,039 133,047 104,083
Other operating expenses 66,393 51,420 21,400
Gain on disposal of property and equipment (41,087) (96,906) (37,438)
Total operating expenses 1,165,073 779,638 501,877
Operating income 42,385 188,358 105,407
Interest income 1,655 1,288 640
Interest expense (24,187) (8,555) 0
Income before income taxes 19,853 181,091 106,047
Federal and state income tax expense 5,078 47,507 26,770
Net Income 14,775 133,584 79,277
Other comprehensive income, net of tax 0 0 0
Comprehensive income $ 14,775 $ 133,584 $ 79,277
Net income per share      
Basic $ 0.19 $ 1.69 $ 1.00
Diluted $ 0.19 $ 1.69 $ 1.00
Weighted average shares outstanding      
Basic 79,010 78,941 79,573
Diluted 79,079 78,974 79,612
Dividends declared per share $ 0.08 $ 0.08 $ 0.58