Quarterly report pursuant to Section 13 or 15(d)

Segment Reporting (Tables)

v3.21.2
Segment Reporting (Tables)
 6 Months Ended
Jun. 30, 2021
Segment Reporting [Abstract]  
Summary of Segment Information
Segment results from operations for the three and six months ended June 30, 2021 and 2020 are as follows:
  Three Months Ended June 30, 2021
  Expedited Freight Intermodal Corporate Eliminations Consolidated - Continuing Operations
External revenues $ 351,551  $ 69,120  $ —  $ —  $ 420,671 
Intersegment revenues 184  13  —  (197) — 
Depreciation 4,989  835  23  —  5,847 
Amortization 1,790  1,777  —  —  3,567 
Income (loss) from continuing operations 34,688  8,386  (950) —  42,124 
Purchases of property and equipment 5,724  156  —  —  5,880 
  Three Months Ended June 30, 2020
  Expedited Freight Intermodal Corporate Eliminations Consolidated - Continuing Operations
External revenues $ 235,417  $ 46,420  $ —  $ —  $ 281,837 
Intersegment revenues 241  8  —  (408) (159)
Depreciation 5,009  1,081  25  —  6,115 
Amortization 1,731  1,567  —  —  3,298 
Income (loss) from continuing operations 11,753  4,413  (2,252) —  13,914 
Purchases of property and equipment 11,545  18  —  —  11,563 
                    
  Six Months Ended June 30, 2021
  Expedited Freight Intermodal Corporate Eliminations Consolidated - Continuing Operations
External revenues $ 655,308  $ 127,622  $ —  $ —  $ 782,930 
Intersegment revenues 613  25  —  (695) (57)
Depreciation 9,982  1,634  26  —  11,642 
Amortization 3,595  3,414  —  —  7,009 
Income (loss) from continuing operations 59,218  12,895  (7,265) —  64,848 
Purchases of property and equipment 8,136  439  —  —  8,575 
  Six Months Ended June 30, 2020
  Expedited Freight Intermodal Corporate Eliminations Consolidated - Continuing Operations
External revenues $ 488,560  $ 98,875  $ —  $ —  $ 587,435 
Intersegment revenues 727  13  —  (940) (200)
Depreciation 9,916  2,134  43  —  12,093 
Amortization 3,519  3,135  —  —  6,654 
Income (loss) from continuing operations 26,933  8,126  (5,372) —  29,687 
Purchases of property and equipment 13,950  264  —  —  14,214 
Total Assets
As of June 30, 2021 $ 767,222  $ 209,266  $ 105,459  $ (106) $ 1,081,841 
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 Six Months Ended
June 30,
2021		 June 30,
2020		 June 30,
2021		 June 30,
2020
Intersegment revenues - continuing operations $ —  $ (159) $ (57) $ (200)
Intersegment revenues - discontinued operation —  159  57  200 
Consolidated intersegment revenues $ —  $ —  $ —  $ — 

June 30, 2021 December 31, 2020
Segment assets - continuing operations $ 1,081,841  $ 973,294 
Current assets held for sale —  21,002 
Noncurrent assets held for sale —  53,097 
Consolidated total assets $ 1,081,841  $ 1,047,393 
Revenue from the individual services within the Expedited Freight segment for the three and six months ended June 30, 2021 and 2020 are as follows:

  Three Months Ended Six Months Ended
  June 30,
2021		 June 30,
2020		 June 30,
2021		 June 30,
2020
Expedited Freight revenues:    
Network $ 210,088  $ 134,173  $ 388,715  $ 286,182 
Truckload 56,968  41,857  109,348  89,384 
Final Mile 69,883  53,427  132,139  101,229 
Other 14,796  6,201  25,719  12,492 
Total $ 351,735  $ 235,658  $ 655,921  $ 489,287