OPERATING SEGMENT DATA (Tables)

3 Months Ended

Mar. 31, 2016

OPERATING SEGMENT DATA

Schedule of reportable operating segment information

	Three Months Ended
	March 31
	2016		2015
	(in thousands)
REVENUES
Freight Transportation (ABF Freight)	$	439,508	$	441,207
Premium Logistics (Panther)		66,078		75,292
Transportation Management (ABF Logistics)		66,947		47,372
Emergency & Preventative Maintenance (FleetNet)		43,564		42,489
Household Goods Moving Services (ABF Moving)		18,144		18,568
Other and eliminations		(12,786)		(11,652)
Total consolidated revenues	$	621,455	$	613,276
OPERATING EXPENSES
Freight Transportation (ABF Freight)
Salaries, wages, and benefits	$	296,607	$	278,371
Fuel, supplies, and expenses		66,689		79,026
Operating taxes and licenses		11,980		11,996
Insurance		6,466		5,785
Communications and utilities		4,372		3,985
Depreciation and amortization		20,392		17,400
Rents and purchased transportation		39,696		41,844
Gain on sale of property and equipment		(172)		(244)
Pension settlement expense(1)		677		840
Other		1,800		2,161
Total Freight Transportation (ABF Freight)		448,507		441,164
Premium Logistics (Panther)
Purchased transportation		48,851		56,044
Depreciation and amortization		2,837		2,924
Salaries, benefits, insurance, and other		14,134		15,129
Total Premium Logistics (Panther)		65,822		74,097
Transportation Management (ABF Logistics)		66,281		46,597
Emergency & Preventative Maintenance (FleetNet)		42,580		41,319
Household Goods Moving Services (ABF Moving)		18,893		18,931
Other and eliminations(1)		(11,363)		(10,112)
Total consolidated operating expenses(1)	$	630,720	$	611,996

⁽¹⁾ Pre-tax pension settlement expense totaled $0.9 million and $1.1 million on a consolidated basis for the three months ended March 31, 2016 and 2015, respectively. For the three months ended March 31, 2016, pre-tax pension settlement expense of $0.7 million was reported by ABF Freight, $0.2 million was reported in Other and eliminations, and less than $0.1 million was reported by the asset-light logistics operating segments. For the three months ended March 31, 2015, pre-tax pension settlement expense of $0.8 million was reported by ABF Freight, $0.2 million was reported in Other and eliminations, and less than $0.1 million was reported by the asset-light logistics operating segments.

	Three Months Ended
	March 31
	2016		2015
	(in thousands)
OPERATING INCOME (LOSS)
Freight Transportation (ABF Freight)	$	(8,999)	$	43
Premium Logistics (Panther)		256		1,195
Transportation Management (ABF Logistics)		666		775
Emergency & Preventative Maintenance (FleetNet)		984		1,170
Household Goods Moving Services (ABF Moving)		(749)		(363)
Other and eliminations		(1,423)		(1,540)
Total consolidated operating income (loss)	$	(9,265)	$	1,280
OTHER INCOME (COSTS)
Interest and dividend income		401		234
Interest and other related financing costs		(1,247)		(1,002)
Other, net(2)		366		400
Total other costs		(480)		(368)
INCOME (LOSS) BEFORE INCOME TAXES	$	(9,745)	$	912

⁽²⁾ Includes changes in cash surrender value of life insurance policies.

The following table presents operating expenses by category on a consolidated basis:

	Three Months Ended
	March 31
	2016		2015
	(in thousands)
OPERATING EXPENSES
Salaries, wages, and benefits	$	329,469	$	306,916
Rents, purchased transportation, and other costs of services		183,088		177,966
Fuel, supplies, and expenses		64,220		75,902
Depreciation and amortization(1)		25,151		22,232
Other		28,792		28,980
	$	630,720	$	611,996

Includes amortization of intangible assets.