Annual report pursuant to Section 13 and 15(d)

Consolidated Statements of Comprehensive Income

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Consolidated Statements of Comprehensive Income - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2019
Income Statement [Abstract]      
Operating revenue $ 1,662,427 $ 1,269,573 $ 1,215,187
Operating expenses:      
Purchased transportation 833,075 650,664 586,140
Salaries, wages and employee benefits 327,814 270,785 258,001
Operating leases 79,633 69,720 63,092
Depreciation and amortization 39,552 37,125 36,394
Insurance and claims 42,186 34,912 38,733
Fuel expense 17,027 12,166 17,759
Other operating expenses 163,839 120,277 102,652
Total operating expenses 1,503,126 1,195,649 1,102,771
Income from continuing operations 159,301 73,924 112,416
Other expense:      
Interest expense, net (4,338) (4,561) (2,711)
Other, net 0 (3) (1)
Total other expense (4,338) (4,564) (2,712)
Income before income taxes 154,963 69,360 109,704
Income tax expense 38,872 16,593 27,382
Net income from continuing operations 116,091 52,767 82,322
(Loss) income from discontinued operation, net of tax (10,232) (29,034) 4,777
Net income and comprehensive income $ 105,859 $ 23,733 $ 87,099
Basic net income per share:      
Continuing operations (in dollars per share) $ 4.25 $ 1.90 $ 2.89
Discontinued operation (in dollars per share) (0.37) (1.05) 0.17
Net income per share (in dollars per share) [1] 3.87 0.84 3.06
Diluted net income per share:      
Continuing operations (in dollars per share) 4.22 1.89 2.87
Discontinued operation (in dollars per share) (0.37) (1.05) 0.17
Net income per share (in dollars per share) 3.85 0.84 3.04
Dividends per share (in dollars per share) $ 0.84 $ 0.75 $ 0.72
[1] Rounding may impact summation of amounts.