Quarterly report pursuant to Section 13 or 15(d)

Segment Reporting (Tables)

v3.22.2
Segment Reporting (Tables)
 6 Months Ended
Jun. 30, 2022
Segment Reporting [Abstract]  
Summary of Segment Information
Segment results from operations for the three and six months ended June 30, 2022 and 2021 are as follows:
  Three Months Ended June 30, 2022
  Expedited Freight Intermodal Corporate Eliminations Consolidated - Continuing Operations
External revenues $ 408,814  $ 106,405  $ —  $ —  $ 515,219 
Intersegment revenues 43  6  —  (49) — 
Depreciation 6,007  1,644  62  —  7,713 
Amortization 1,810  2,072  —  —  3,882 
Income (loss) from continuing operations 63,107  15,249  (2,811) —  75,545 
Purchases of property and equipment 8,765  —  —  —  8,765 
  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 
Six Months Ended June 30, 2022
Expedited Freight Intermodal Corporate Eliminations Consolidated - Continuing Operations
External revenues $ 785,340  $ 196,840  $ —  $ —  $ 982,180 
Intersegment revenues 108  11  —  (119) — 
Depreciation 11,679  2,984  101  —  14,764 
Amortization 3,619  4,342  —  —  7,961 
Income (loss) from continuing operations 110,787  26,395  (4,286) —  132,896 
Purchases of property and equipment 17,721  952  —  —  18,673 
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 
  Expedited Freight Intermodal Corporate Eliminations Consolidated - Continuing Operations
Total Assets
As of June 30, 2022 $ 798,352  $ 300,035  $ 98,764  $ (8) $ 1,197,143 
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 Six Months Ended
June 30,
2022		 June 30,
2021		 June 30,
2022		 June 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 six months ended June 30, 2022 and 2021 are as follows:

  Three Months Ended Six Months Ended
  June 30,
2022		 June 30,
2021		 June 30,
2022		 June 30,
2021
Expedited Freight revenues:    
Network $ 263,425  $ 210,088  $ 506,839  $ 388,715 
Truckload 60,144  56,968  116,052  109,348 
Final Mile 73,028  69,883  138,786  132,139 
Other 12,260  14,796  23,771  25,719 
Total $ 408,857  $ 351,735  $ 785,448  $ 655,921