| 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 years ended December 31, 2019, 2018 and 2017.
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Year ended December 31, 2019 |
|
Expedited Freight |
|
Intermodal |
|
Pool Distribution |
|
Eliminations & Other |
|
Consolidated |
External revenues |
|
$ |
985,697 |
|
|
$ |
217,606 |
|
|
$ |
207,092 |
|
|
$ |
— |
|
|
$ |
1,410,395 |
|
Intersegment revenues |
|
3,060 |
|
|
105 |
|
|
297 |
|
|
(3,462 |
) |
|
— |
|
Depreciation |
|
22,993 |
|
|
3,086 |
|
|
4,884 |
|
|
(67 |
) |
|
30,896 |
|
Amortization |
|
4,336 |
|
|
5,848 |
|
|
1,029 |
|
|
— |
|
|
11,213 |
|
Share-based compensation expense |
|
8,628 |
|
|
1,801 |
|
|
644 |
|
|
834 |
|
|
11,907 |
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Interest expense |
|
— |
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|
142 |
|
|
— |
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|
2,569 |
|
|
2,711 |
|
Income (loss) from operations |
|
101,065 |
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|
23,679 |
|
|
7,275 |
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|
(13,196 |
) |
|
118,823 |
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Total assets |
|
713,527 |
|
|
206,576 |
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|
115,638 |
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(44,863 |
) |
|
990,878 |
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Capital expenditures |
|
22,179 |
|
|
717 |
|
|
5,313 |
|
|
— |
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|
28,209 |
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Year ended December 31, 2018 (As Adjusted) |
|
Expedited Freight |
|
Intermodal |
|
Pool Distribution |
|
Eliminations & Other |
|
Consolidated |
External revenues |
|
$ |
926,446 |
|
|
$ |
200,750 |
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|
$ |
193,690 |
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|
$ |
— |
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|
$ |
1,320,886 |
|
Intersegment revenues |
|
4,678 |
|
|
256 |
|
|
427 |
|
|
(5,361 |
) |
|
— |
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Depreciation |
|
25,453 |
|
|
1,719 |
|
|
5,871 |
|
|
2 |
|
|
33,045 |
|
Amortization |
|
3,499 |
|
|
4,610 |
|
|
1,029 |
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|
— |
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|
9,138 |
|
Share-based compensation expense |
|
8,457 |
|
|
984 |
|
|
453 |
|
|
655 |
|
|
10,549 |
|
Interest expense |
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(20 |
) |
|
58 |
|
|
— |
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|
1,745 |
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|
1,783 |
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Income (loss) from operations |
|
101,440 |
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|
23,266 |
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|
5,870 |
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(8,545 |
) |
|
122,031 |
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Total assets |
|
550,051 |
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|
167,002 |
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|
64,306 |
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(21,144 |
) |
|
760,215 |
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Capital expenditures |
|
38,710 |
|
|
854 |
|
|
2,729 |
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— |
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|
42,293 |
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Year ended December 31, 2017 (As Adjusted) |
|
Expedited Freight |
|
Intermodal |
|
Pool Distribution |
|
Eliminations & Other |
|
Consolidated |
External revenues |
|
$ |
846,706 |
|
|
$ |
154,446 |
|
|
$ |
168,194 |
|
|
$ |
— |
|
|
$ |
1,169,346 |
|
Intersegment revenues |
|
3,701 |
|
|
238 |
|
|
289 |
|
|
(4,228 |
) |
|
— |
|
Depreciation |
|
23,260 |
|
|
1,867 |
|
|
5,732 |
|
|
3 |
|
|
30,862 |
|
Amortization |
|
5,171 |
|
|
3,981 |
|
|
1,041 |
|
|
— |
|
|
10,193 |
|
Share-based compensation expense |
|
7,154 |
|
|
562 |
|
|
387 |
|
|
— |
|
|
8,103 |
|
Interest expense |
|
5 |
|
|
48 |
|
|
— |
|
|
1,156 |
|
|
1,209 |
|
Income (loss) from operations |
|
91,184 |
|
|
12,963 |
|
|
6,378 |
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|
(1,768 |
) |
|
108,757 |
|
Total assets |
|
506,652 |
|
|
149,150 |
|
|
55,970 |
|
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(19,150 |
) |
|
692,622 |
|
Capital expenditures |
|
36,683 |
|
|
514 |
|
|
1,068 |
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|
— |
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|
38,265 |
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