v3.21.2
Condensed Consolidated Statements of Comprehensive Income - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2021
Sep. 30, 2020
Sep. 30, 2021
Sep. 30, 2020
Income Statement [Abstract]        
Operating revenues $ 419,625 $ 331,997 $ 1,202,498 $ 919,232
Operating expenses:        
Purchased transportation 205,474 173,054 605,299 465,721
Salaries, wages and employee benefits 84,410 66,927 243,948 200,258
Operating leases 20,536 17,327 60,073 52,598
Depreciation and amortization 9,416 9,172 28,067 27,919
Insurance and claims 9,984 8,671 30,616 26,437
Fuel expense 4,457 2,715 12,218 9,247
Other operating expenses 42,872 30,621 114,953 83,854
Total operating expenses 377,149 308,487 1,095,174 866,034
Income from continuing operations 42,476 23,510 107,324 53,198
Other expense:        
Interest expense (973) (1,304) (3,461) (3,355)
Total other expense (973) (1,304) (3,461) (3,355)
Income before income taxes 41,503 22,206 103,863 49,843
Income tax expense 11,000 5,214 25,969 12,209
Net income from continuing operations 30,503 16,992 77,894 37,634
Loss from discontinued operation, net of tax (6,967) (345) (12,500) (9,458)
Net income and comprehensive income $ 23,536 $ 16,647 $ 65,394 $ 28,176
Basic net income (loss) per share        
Continuing operations (in dollars per share) $ 1.12 $ 0.61 $ 2.84 $ 1.35
Discontinued operation (in dollars per share) (0.26) (0.01) (0.46) (0.34)
Net income per basic share (in dollars per share) 0.86 0.60 2.39 [1] 1.01 [1]
Diluted net income (loss) per share        
Continuing operations (in dollars per share) 1.12 0.61 2.83 1.35
Discontinued operation (in dollars per share) (0.26) (0.01) (0.46) (0.34)
Net income per diluted share (in dollars per share) 0.86 0.60 2.37 1.01
Dividends per share (in dollars per share) $ 0.21 $ 0.18 $ 0.63 $ 0.54
[1] Rounding may impact summation of amounts.

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