Quarterly report pursuant to Section 13 or 15(d)

Segment Reporting (Tables)

v3.22.2.2
Segment Reporting (Tables)
 9 Months Ended
Sep. 30, 2022
Segment Reporting [Abstract]  
Summary of Segment Information
Segment results from operations for the three and nine months ended September 30, 2022 and 2021 are as follows:
  Three Months Ended September 30, 2022
  Expedited Freight Intermodal Corporate Eliminations Consolidated - Continuing Operations
External revenues $ 395,607  $ 114,416  $ —  $ —  $ 510,023 
Intersegment revenues 28  5  —  (33) — 
Depreciation 6,331  1,782  —  —  8,113 
Amortization 1,809  2,347  —  —  4,156 
Income (loss) from continuing operations 56,304  16,610  (1,249) —  71,665 
Purchases of property and equipment 6,434  294  —  —  6,728 
  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 
Nine Months Ended September 30, 2022
Expedited Freight Intermodal Corporate Eliminations Consolidated - Continuing Operations
External revenues $ 1,180,947  $ 311,256  $ —  $ —  $ 1,492,203 
Intersegment revenues 136  16  —  (152) — 
Depreciation 18,010  4,766  101  —  22,877 
Amortization 5,428  6,689  —  —  12,117 
Income (loss) from continuing operations 167,091  43,005  (5,535) —  204,561 
Purchases of property and equipment 24,155  1,246  —  —  25,401 
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 
Total Assets
As of September 30, 2022 $ 698,313  $ 304,378  $ 183,409  $ (41) $ 1,186,059 
As of December 31, 2021 777,987  249,467  90,588  (219) 1,117,823 

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

Three Months Ended Nine Months Ended
September 30,
2022		 September 30,
2021		 September 30,
2022		 September 30,
2021
Intersegment revenues - continuing operations $ —  $ —  $ —  $ (57)
Intersegment revenues - discontinued operation —  —  —  57 
Consolidated intersegment revenues $ —  $ —  $ —  $ — 

Revenue from the individual services within the Expedited Freight segment for the three and nine months ended September 30, 2022 and 2021 are as follows:

  Three Months Ended Nine Months Ended
  September 30,
2022		 September 30,
2021		 September 30,
2022		 September 30,
2021
Expedited Freight revenues:    
Network $ 240,482  $ 199,360  $ 726,054  $ 579,373 
Truckload 55,607  53,651  171,659  162,999 
Final Mile 76,822  71,355  215,608  203,494 
Other 22,724  17,191  67,762  51,612 
Total $ 395,635  $ 341,557  $ 1,181,083  $ 997,478