Quarterly report pursuant to Section 13 or 15(d)

Segment Reporting (Tables)

v3.21.2
Segment Reporting (Tables)
 9 Months Ended
Sep. 30, 2021
Segment Reporting [Abstract]  
Summary of Segment Information
Segment results from operations for the three and nine months ended September 30, 2021 and 2020 are as follows:
  Three Months Ended September 30, 2021
  Expedited Freight Intermodal Corporate Eliminations Consolidated - Continuing Operations
External revenues $ 341,461  $ 78,164  $ —  $ —  $ 419,625 
Intersegment revenues 96  9  —  (105) — 
Depreciation 4,942  841  16  —  5,799 
Amortization 1,842  1,775  —  —  3,617 
Income (loss) from continuing operations 34,636  8,712  (872) —  42,476 
Purchases of property and equipment 13,769  671  —  —  14,440 
  Three Months Ended September 30, 2020
  Expedited Freight Intermodal Corporate Eliminations Consolidated - Continuing Operations
External revenues $ 283,025  $ 48,940  $ —  $ —  $ 331,965 
Intersegment revenues 489  8  —  (465) 32 
Depreciation 4,981  789  36  —  5,806 
Amortization 1,799  1,567  —  —  3,366 
Income (loss) from continuing operations 23,461  4,837  (4,788) —  23,510 
Purchases of property and equipment 2,037  188  —  —  2,225 
                    
  Nine Months Ended September 30, 2021
  Expedited Freight Intermodal Corporate Eliminations Consolidated - Continuing Operations
External revenues $ 996,769  $ 205,786  $ —  $ —  $ 1,202,555 
Intersegment revenues 709  34  —  (800) (57)
Depreciation 14,924  2,475  42  —  17,441 
Amortization 5,437  5,189  —  —  10,626 
Income (loss) from continuing operations 93,854  21,607  (8,137) —  107,324 
Purchases of property and equipment 21,905  1,110  —  —  23,015 
  Nine Months Ended September 30, 2020
  Expedited Freight Intermodal Corporate Eliminations Consolidated - Continuing Operations
External revenues $ 771,585  $ 147,815  $ —  $ —  $ 919,400 
Intersegment revenues 1,216  21  —  (1,405) (168)
Depreciation 14,897  2,923  79  —  17,899 
Amortization 5,318  4,702  —  —  10,020 
Income (loss) from continuing operations 50,394  12,963  (10,159) —  53,198 
Purchases of property and equipment 15,987  452  —  —  16,439 
Total Assets
As of September 30, 2021 $ 750,775  $ 212,203  $ 107,327  $ 203  $ 1,070,508 
As of December 31, 2020 905,081  221,963  47,641  (201,391) 973,294 

A reconciliation from the segment information to the consolidated balances for revenues and total assets is set forth below:

Three Months Ended Nine Months Ended
September 30,
2021		 September 30,
2020		 September 30,
2021		 September 30,
2020
Intersegment revenues - continuing operations $ —  $ 32  $ (57) $ (168)
Intersegment revenues - discontinued operation —  (32) 57  168 
Consolidated intersegment revenues $ —  $ —  $ —  $ — 

September 30, 2021 December 31, 2020
Segment assets - continuing operations $ 1,070,508  $ 973,294 
Current assets held for sale —  21,002 
Noncurrent assets held for sale —  53,097 
Consolidated total assets $ 1,070,508  $ 1,047,393 
Revenue from the individual services within the Expedited Freight segment for the three and nine months ended September 30, 2021 and 2020 are as follows:

  Three Months Ended Nine Months Ended
  September 30,
2021		 September 30,
2020		 September 30,
2021		 September 30,
2020
Expedited Freight revenues:    
Network $ 207,656  $ 169,300  $ 606,213  $ 455,482 
Truckload 53,651  49,836  162,999  139,220 
Final Mile 71,355  56,994  203,494  158,223 
Other 8,895  7,384  24,772  19,876 
Total $ 341,557  $ 283,514  $ 997,478  $ 772,801