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Consolidated Statements of Income - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 28, 2024
Sep. 30, 2023
Sep. 28, 2024
Sep. 30, 2023
Revenue $ 1,213,867 $ 1,289,345 $ 3,609,915 $ 4,098,877
Investment income 3,922 3,022 10,988 6,874
Costs and expenses:        
Purchased transportation 943,805 986,743 2,799,384 3,141,234
Commissions to agents 98,703 115,244 295,801 363,397
Other operating costs, net of gains on asset sales/dispositions 15,144 15,158 44,138 40,998
Insurance and claims 30,398 29,540 83,830 86,971
Selling, general and administrative 51,252 50,975 162,613 159,071
Depreciation and amortization 15,371 14,359 44,001 44,498
Total costs and expenses 1,154,673 1,212,019 3,429,767 3,836,169
Operating income 63,116 80,348 191,136 269,582
Interest and debt (income) expense (1,169) (1,046) (4,455) (2,079)
Income before income taxes 64,285 81,394 195,591 271,661
Income taxes 14,252 19,741 45,838 65,254
Net income $ 50,033 $ 61,653 $ 149,753 $ 206,407
Basic earnings per share $ 1.41 $ 1.71 $ 4.21 $ 5.74
Diluted earnings per share $ 1.41 $ 1.71 $ 4.21 $ 5.74
Average basic shares outstanding 35,420,000 35,951,000 35,608,000 35,958,000
Average diluted shares outstanding 35,420,000 35,951,000 35,608,000 35,958,000
Dividends per common share $ 0.36 $ 0.33 $ 1.02 $ 0.93