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Consolidated Statements of Income - USD ($)
$ in Thousands
3 Months Ended
Mar. 29, 2025
Mar. 30, 2024
Revenue $ 1,152,502 $ 1,171,043
Investment income 3,598 3,412
Costs and expenses:    
Purchased transportation 897,878 905,521
Commissions to agents 93,314 97,282
Other operating costs, net of gains on asset sales/dispositions 11,829 14,859
Insurance and claims 39,852 26,268
Selling, general and administrative 61,582 56,422
Depreciation and amortization 12,226 14,142
Total costs and expenses 1,116,681 1,114,494
Operating income 39,419 59,961
Interest and debt (income) expense [1] (159) (1,611)
Income before income taxes 39,578 61,572
Income taxes 9,772 14,476
Net income $ 29,806 $ 47,096
Basic earnings per share $ 0.85 $ 1.32
Diluted earnings per share $ 0.85 $ 1.32
Average basic shares outstanding 35,203,000 35,750,000
Average diluted shares outstanding 35,203,000 35,750,000
Dividends per common share $ 0.36 $ 0.33
[1] Interest and debt (income) expense includes (1) interest income earned on cash balances held by the transportation logistics segment of $1,668 and $2,500 in the 2025 and 2024 thirteen-week periods, respectively and (2) consolidated total interest expense of $1,509 and $889 in the 2025 and 2024 thirteen-week periods, respectively.