Annual report pursuant to Section 13 and 15(d)

Segment Reporting (Tables)

v2.4.0.8
Segment Reporting (Tables)
12 Months Ended
Dec. 31, 2013
Segment Reporting [Abstract]  
Summary of segment information
The following tables summarize segment information about net income 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, 2013, 2012 and 2011.   
Year ended December 31, 2013
 
Forward Air
 
FASI
 
TQI
 
Eliminations
 
Consolidated
External revenues
 
$
497,993

 
$
112,766

 
$
41,722

 
$

 
$
652,481

Intersegment revenues
 
3,075

 
645

 
120

 
(3,840
)
 

Depreciation and amortization
 
16,222

 
4,945

 
2,412

 

 
23,579

Share-based compensation expense
 
5,959

 
140

 
79

 

 
6,178

Interest expense
 
513

 
8

 
11

 

 
532

Interest income
 
36

 

 
1

 

 
37

Income tax expense
 
26,981

 
846

 
1,628

 

 
29,455

Net income
 
51,251

 
1,255

 
1,961

 

 
54,467

Total assets
 
478,790

 
42,049

 
85,490

 
(100,060
)
 
506,269

Capital expenditures
 
25,017

 
6,901

 
3,521

 

 
35,439

 
 
 
 
 
 
 
 
 
 
 
Year ended December 31, 2012
 
Forward Air
 
FASI
 
TQI
 
Eliminations
 
Consolidated
External revenues
 
$
500,621

 
$
83,825

 
$

 
$

 
$
584,446

Intersegment revenues
 
1,116

 
1,152

 

 
(2,268
)
 

Depreciation and amortization
 
16,356

 
4,665

 

 

 
21,021

Share-based compensation expense
 
5,857

 
193

 

 

 
6,050

Interest expense
 
369

 
22

 

 

 
391

Interest income
 
41

 

 

 

 
41

Income tax expense
 
30,053

 
434

 

 

 
30,487

Net income
 
51,127

 
1,541

 

 

 
52,668

Total assets
 
395,936

 
37,135

 

 
(33,884
)
 
399,187

Capital expenditures
 
15,910

 
5,443

 

 

 
21,353

 
 
 
 
 
 
 
 
 
 
 
Year ended December 31, 2011
 
Forward Air
 
FASI
 
TQI
 
Eliminations
 
Consolidated
External revenues
 
$
463,664

 
$
72,738

 
$

 
$

 
$
536,402

Intersegment revenues
 
822

 
512

 

 
(1,334
)
 

Depreciation and amortization
 
16,793

 
4,200

 

 

 
20,993

Share-based compensation expense
 
5,642

 
329

 

 

 
5,971

Interest expense
 
578

 
41

 

 

 
619

Interest income
 
165

 

 

 

 
165

Income tax expense
 
29,162

 
204

 

 

 
29,366

Net income
 
46,851

 
348

 

 

 
47,199

Total assets
 
342,109

 
39,244

 

 
(40,202
)
 
341,151

Capital expenditures
 
18,250

 
2,966

 

 

 
21,216