XML 59 R4.htm IDEA: XBRL DOCUMENT v3.3.0.814
Condensed Consolidated Statements of Operations and Comprehensive Income (Loss) (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2015
Sep. 30, 2014
Sep. 30, 2015
Sep. 30, 2014
Revenue:        
Operating revenue $ 123,490 $ 153,618 $ 389,950 $ 452,405
Operating expenses:        
Salaries, wages and employee benefits 32,028 39,388 105,536 113,930
Fuel expense 12,960 28,449 47,195 92,156
Depreciation and amortization 8,702 10,792 29,951 33,395
Insurance and claims 5,405 6,466 17,502 18,353
Operations and maintenance 11,533 10,649 34,083 35,999
Purchased transportation 40,613 43,755 122,029 129,543
Operating taxes and licenses 1,439 1,414 4,221 4,215
Communications and utilities 989 1,026 2,732 3,159
Gain on disposal of assets, net (3,008) (302) (5,766) (824)
Restructuring Charges 2,893   2,893  
Other 4,477 4,469 13,775 12,412
Total operating expenses 118,031 146,106 374,151 442,338
Operating income 5,459 7,512 15,799 10,067
Other expenses:        
Interest expense, net $ 493 816 $ 1,672 2,271
Defense costs $ 65 $ 2,593
Loss on extinguishment of debt $ 750
Other, net $ 78 $ 4 650 $ 52
Total other expenses, net 571 885 3,072 4,916
Income before income taxes 4,888 6,627 12,727 5,151
Income tax expense 2,161 2,621 5,595 2,418
Net income and comprehensive income $ 2,727 $ 4,006 $ 7,132 $ 2,733
Net income per share information:        
Average shares outstanding (basic) (in shares) 10,442 10,357 10,439 10,350
Basic earnings per share (in dollars per share) $ 0.26 $ 0.39 $ 0.68 $ 0.26
Average shares outstanding (diluted) (in shares) 10,470 10,476 10,515 10,482
Diluted earnings per share (in dollars per share) $ 0.26 $ 0.38 $ 0.68 $ 0.26