v3.20.4
Condensed Consolidated Statements of Comprehensive Income - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2020
Dec. 31, 2019
Dec. 31, 2018
Operating revenue $ 1,269,573 $ 1,215,187 $ 1,137,613
Operating expenses:      
Purchased transportation 650,664 586,140 564,313
Salaries, wages and employee benefits 270,785 258,001 229,634
Operating leases 69,720 63,092 58,189
Depreciation and amortization 37,125 36,394 35,831
Insurance and claims 34,912 38,733 29,569
Fuel expense 12,166 17,759 16,160
Other operating expenses 120,277 102,652 86,701
Total operating expenses 1,195,649 1,102,771 1,020,397
Income from continuing operations 73,924 112,416 117,216
Other expense:      
Interest expense, net (4,561) (2,711) (1,783)
Other, net (3) (1) (2)
Total other expense (4,564) (2,712) (1,785)
Income before income taxes 69,360 109,704 115,431
Income tax expense 16,593 27,382 26,868
Net income from continuing operations 52,767 82,322 88,563
(Loss) income from discontinued operation, net of tax (29,034) 4,777 3,488
Net income and comprehensive income $ 23,733 $ 87,099 $ 92,051
Basic net income per share:      
Continuing operations $ 1.90 $ 2.89 $ 3.02
Discontinued operation (1.05) 0.17 0.12
Net income per share 0.84 3.06 3.14
Diluted net income per share:      
Continuing operations 1.89 2.87 3.00
Discontinued operation (1.05) 0.17 0.12
Net income per share 0.84 3.04 3.12
Dividends per share (in dollars per share) $ 0.75 $ 0.72 $ 0.63

Source