v3.22.1
Condensed Consolidated Statements of Comprehensive Income - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2022
Mar. 31, 2021
Income Statement [Abstract]    
Operating revenues $ 466,961 $ 362,202
Operating expenses:    
Purchased transportation 224,832 184,608
Salaries, wages and employee benefits 86,081 74,897
Operating leases 22,673 19,167
Depreciation and amortization 11,130 9,237
Insurance and claims 11,968 9,741
Fuel expense 5,865 3,702
Other operating expenses 47,061 38,126
Total operating expenses 409,610 339,478
Income from continuing operations 57,351 22,724
Other expense:    
Interest expense (784) (1,165)
Total other expense (784) (1,165)
Income before income taxes 56,567 21,559
Income tax expense 13,881 4,845
Net income from continuing operations 42,686 16,714
Loss from discontinued operation, net of tax 0 (5,533)
Net income 42,686 11,181
Comprehensive income $ 42,686 $ 11,181
Basic net income (loss) per share    
Continuing operations (in dollars per share) $ 1.57 $ 0.61
Discontinued operation (in dollars per share) 0 (0.20)
Net income per basic share (in dollars per share) 1.57 0.40
Diluted net income (loss) per share    
Continuing operations (in dollars per share) 1.57 0.60
Discontinued operation (in dollars per share) 0 (0.20)
Net income per diluted share (in dollars per share) 1.57 0.40
Dividends per share (in dollars per share) $ 0.24 $ 0.21

Source