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CONSOLIDATED STATEMENTS OF INCOME AND COMPREHENSIVE INCOME - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Jun. 30, 2023
Jun. 30, 2022
Income Statement [Abstract]        
Operating revenue $ 1,040,462 $ 1,401,456 $ 2,192,727 $ 2,699,579
Costs and expenses:        
Purchased transportation and warehousing 763,609 1,062,983 1,630,540 2,058,248
Salaries and benefits 141,823 129,499 279,254 258,238
Depreciation and amortization 35,386 32,244 70,835 63,533
Insurance and claims 11,676 10,645 24,359 19,938
General and administrative 26,757 36,213 52,298 59,435
Gain on sale of assets, net (859) (7,764) (4,834) (12,509)
Total operating expenses 978,392 1,263,820 2,052,452 2,446,883
Operating income 62,070 137,636 140,275 252,696
Other income (expense):        
Interest expense (3,116) (1,407) (6,086) (3,110)
Interest income 2,087 5 3,463 9
Other, net 69 (195) 108 (63)
Total other expense, net (960) (1,597) (2,515) (3,164)
Income before provision for income taxes 61,110 136,039 137,760 249,532
Provision for income taxes 14,605 33,193 29,475 59,183
Net income 46,505 102,846 108,285 190,349
Other comprehensive (loss) income:        
Foreign currency translation adjustments 44 (16) 78 4
Total comprehensive income $ 46,549 $ 102,830 $ 108,363 $ 190,353
Basic earnings per common share $ 1.45 $ 3.06 $ 3.35 $ 5.66
Diluted earnings per common share $ 1.44 $ 3.03 $ 3.33 $ 5.61
Basic weighted average number of shares outstanding 32,037 33,651 32,293 33,647
Diluted weighted average number of shares outstanding 32,293 33,935 32,566 33,950