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Consolidated Statements of Income - USD ($)
$ in Thousands
12 Months Ended
Dec. 28, 2024
Dec. 30, 2023
Dec. 31, 2022
Revenue $ 4,819,245 $ 5,303,322 $ 7,436,562
Investment income 14,810 10,141 3,162
Costs and expenses:      
Purchased transportation 3,745,241 4,068,262 5,804,017
Commissions to agents 392,751 462,668 614,865
Other operating costs, net of gains on asset sales/dispositions 58,781 54,191 45,192
Insurance and claims 113,929 114,241 125,835
Selling, general and administrative 217,708 211,799 221,279
Depreciation and amortization 56,738 58,153 57,453
Total costs and expenses 4,585,148 4,969,314 6,868,641
Operating income 248,907 344,149 571,083
Interest and debt (income) expense [1] (5,419) (3,946) 3,620
Income before income taxes 254,326 348,095 567,463
Income taxes 58,380 83,701 136,549
Net income $ 195,946 $ 264,394 $ 430,914
Basic earnings per share $ 5.51 $ 7.36 $ 11.76
Diluted earnings per share $ 5.51 $ 7.36 $ 11.76
Average basic shares outstanding 35,538,000 35,920,000 36,633,000
Average diluted shares outstanding 35,538,000 35,920,000 36,633,000
Dividends per common share $ 3.38 $ 3.26 $ 3.1
[1] Interest and debt (income) expense includes (1) interest income earned on cash balances held by the transportation logistics segment of $9,495, $7,811 and $900 in 2024, 2023 and 2022, respectively and (2) consolidated total interest expense of $4,076, $3,865 and $4,520 (1) in 2024, 2023 and 2022, respectively.