XML 14 R4.htm IDEA: XBRL DOCUMENT v3.7.0.1
UNAUDITED CONSOLIDATED STATEMENTS OF INCOME AND COMPREHENSIVE INCOME - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2017
Jun. 30, 2016
Jun. 30, 2017
Jun. 30, 2016
Income Statement [Abstract]        
Revenue $ 924,513 $ 855,557 $ 1,817,961 $ 1,661,416
Transportation costs 823,196 741,067 1,615,059 1,438,539
Gross margin 101,317 114,490 202,902 222,877
Costs and expenses:        
Salaries and benefits 45,038 43,602 88,217 87,465
Agent fees and commissions 17,038 18,360 35,031 35,262
General and administrative 20,114 16,083 40,938 32,727
Depreciation and amortization 2,549 2,148 4,961 4,283
Total costs and expenses 84,739 80,193 169,147 159,737
Operating income 16,578 34,297 33,755 63,140
Other income (expense):        
Interest expense (1,032) (857) (2,130) (1,767)
Interest and dividend income 200 120 330 181
Other, net   216 194 1,152
Total other expense (832) (521) (1,606) (434)
Income before provision for income taxes 15,746 33,776 32,149 62,706
Provision for income taxes 6,204 13,105 12,273 24,069
Net income 9,542 20,671 19,876 38,637
Other comprehensive income:        
Foreign currency translation adjustments 28 (54) 92 (53)
Total comprehensive income $ 9,570 $ 20,617 $ 19,968 $ 38,584
Basic earnings per common share $ 0.29 $ 0.61 $ 0.60 $ 1.12
Diluted earnings per common share $ 0.29 $ 0.61 $ 0.60 $ 1.12
Basic weighted average number of shares outstanding 33,220 33,944 33,213 34,541
Diluted weighted average number of shares outstanding 33,262 34,027 33,318 34,575