| Summary of segment information |
The following tables summarize segment information about results from operations and assets used by the chief operating decision maker of the Company in making decisions regarding allocation of assets and resources as of and for the three and nine months ended September 30, 2019 and 2018.
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Three months ended September 30, 2019 |
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|
Expedited LTL |
|
Intermodal |
|
Truckload Premium |
|
Pool Distribution |
|
Eliminations & other |
|
Consolidated |
External revenues |
|
$ |
207,423 |
|
|
$ |
58,317 |
|
|
$ |
44,999 |
|
|
$ |
50,924 |
|
|
$ |
— |
|
|
$ |
361,663 |
|
Intersegment revenues |
|
2,638 |
|
|
29 |
|
|
459 |
|
|
38 |
|
|
(3,164 |
) |
|
— |
|
Depreciation |
|
4,006 |
|
|
1,050 |
|
|
1,182 |
|
|
1,296 |
|
|
— |
|
|
7,534 |
|
Amortization |
|
1,174 |
|
|
1,542 |
|
|
21 |
|
|
257 |
|
|
— |
|
|
2,994 |
|
Share-based compensation expense |
|
1,899 |
|
|
340 |
|
|
(4 |
) |
|
135 |
|
|
392 |
|
|
2,762 |
|
Interest expense |
|
— |
|
|
67 |
|
|
2 |
|
|
— |
|
|
692 |
|
|
761 |
|
Income (loss) from operations |
|
25,896 |
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|
6,900 |
|
|
606 |
|
|
1,867 |
|
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(4,580 |
) |
|
30,689 |
|
Total assets |
|
626,946 |
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|
205,444 |
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|
75,622 |
|
|
114,824 |
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|
(42,203 |
) |
|
980,633 |
|
Capital expenditures |
|
8,658 |
|
|
207 |
|
|
160 |
|
|
1,479 |
|
|
— |
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|
10,504 |
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|
|
|
Three months ended September 30, 2018 |
|
|
Expedited LTL |
|
Intermodal |
|
Truckload Premium |
|
Pool Distribution |
|
Eliminations & other |
|
Consolidated |
External revenues |
|
$ |
186,544 |
|
|
$ |
50,496 |
|
|
$ |
47,158 |
|
|
$ |
47,177 |
|
|
$ |
— |
|
|
$ |
331,375 |
|
Intersegment revenues |
|
1,963 |
|
|
49 |
|
|
784 |
|
|
103 |
|
|
(2,899 |
) |
|
— |
|
Depreciation |
|
4,773 |
|
|
342 |
|
|
1,522 |
|
|
1,442 |
|
|
— |
|
|
8,079 |
|
Amortization |
|
825 |
|
|
1,113 |
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|
21 |
|
|
257 |
|
|
— |
|
|
2,216 |
|
Share-based compensation expense |
|
1,961 |
|
|
262 |
|
|
178 |
|
|
114 |
|
|
332 |
|
|
2,847 |
|
Interest expense |
|
— |
|
|
10 |
|
|
2 |
|
|
— |
|
|
460 |
|
|
472 |
|
Income (loss) from operations |
|
23,724 |
|
|
7,321 |
|
|
1,673 |
|
|
735 |
|
|
(3,574 |
) |
|
29,879 |
|
Total assets |
|
480,389 |
|
|
159,428 |
|
|
70,841 |
|
|
60,672 |
|
|
(28,189 |
) |
|
743,141 |
|
Capital expenditures |
|
15,253 |
|
|
276 |
|
|
30 |
|
|
1,179 |
|
|
— |
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|
16,738 |
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|
Nine months ended September 30, 2019 |
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|
Expedited LTL |
|
Intermodal |
|
Truckload Premium |
|
Pool Distribution |
|
Eliminations & other |
|
Consolidated |
External revenues |
|
$ |
588,766 |
|
|
$ |
162,936 |
|
|
$ |
135,467 |
|
|
$ |
141,722 |
|
|
$ |
— |
|
|
$ |
1,028,891 |
|
Intersegment revenues |
|
5,570 |
|
|
64 |
|
|
1,772 |
|
|
230 |
|
|
(7,636 |
) |
|
— |
|
Depreciation |
|
13,823 |
|
|
1,983 |
|
|
4,225 |
|
|
3,834 |
|
|
(1 |
) |
|
23,864 |
|
Amortization |
|
3,058 |
|
|
4,278 |
|
|
64 |
|
|
772 |
|
|
— |
|
|
8,172 |
|
Share-based compensation expense |
|
6,193 |
|
|
1,313 |
|
|
261 |
|
|
470 |
|
|
769 |
|
|
9,006 |
|
Interest expense |
|
— |
|
|
69 |
|
|
6 |
|
|
— |
|
|
1,841 |
|
|
1,916 |
|
Income (loss) from operations |
|
72,332 |
|
|
18,326 |
|
|
2,137 |
|
|
4,685 |
|
|
(11,507 |
) |
|
85,973 |
|
Total assets |
|
626,946 |
|
|
205,444 |
|
|
75,622 |
|
|
114,824 |
|
|
(42,203 |
) |
|
980,633 |
|
Capital expenditures |
|
22,330 |
|
|
422 |
|
|
488 |
|
|
3,862 |
|
|
— |
|
|
27,102 |
|
|
|
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|
|
|
|
|
Nine months ended September 30, 2018 |
|
|
Expedited LTL |
|
Intermodal |
|
Truckload Premium |
|
Pool Distribution |
|
Eliminations & other |
|
Consolidated |
External revenues |
|
$ |
546,066 |
|
|
$ |
148,058 |
|
|
$ |
137,221 |
|
|
$ |
132,980 |
|
|
$ |
— |
|
|
$ |
964,325 |
|
Intersegment revenues |
|
5,276 |
|
|
217 |
|
|
5,761 |
|
|
276 |
|
|
(11,530 |
) |
|
— |
|
Depreciation |
|
14,127 |
|
|
1,295 |
|
|
4,765 |
|
|
4,436 |
|
|
— |
|
|
24,623 |
|
Amortization |
|
2,555 |
|
|
3,298 |
|
|
98 |
|
|
772 |
|
|
— |
|
|
6,723 |
|
Share-based compensation expense |
|
5,595 |
|
|
776 |
|
|
524 |
|
|
342 |
|
|
288 |
|
|
7,525 |
|
Interest expense |
|
1 |
|
|
47 |
|
|
5 |
|
|
— |
|
|
1,274 |
|
|
1,327 |
|
Income (loss) from operations |
|
71,023 |
|
|
16,333 |
|
|
3,348 |
|
|
3,695 |
|
|
(7,415 |
) |
|
86,984 |
|
Total assets |
|
480,389 |
|
|
159,428 |
|
|
70,841 |
|
|
60,672 |
|
|
(28,189 |
) |
|
743,141 |
|
Capital expenditures |
|
31,960 |
|
|
482 |
|
|
70 |
|
|
1,832 |
|
|
— |
|
|
34,344 |
|
|