Quarterly report pursuant to Section 13 or 15(d)

Significant Accounting Policies (Tables)

v3.22.2.2
Significant Accounting Policies (Tables)
9 Months Ended
Sep. 30, 2022
Accounting Policies [Abstract]  
Disaggregated Revenue We have one operating segment and the composition of our revenue is summarized below:

 

 

Three Months Ended

 

 

Nine Months Ended

 

 

 

September 30,

 

 

September 30,

 

(In thousands)

 

2022

 

 

2021

 

 

2022

 

 

2021

 

LTL services

 

$

1,582,952

 

 

$

1,378,339

 

 

$

4,703,392

 

 

$

3,787,721

 

Other services

 

 

20,738

 

 

 

21,707

 

 

 

65,026

 

 

 

58,249

 

Total revenue from operations

 

$

1,603,690

 

 

$

1,400,046

 

 

$

4,768,418

 

 

$

3,845,970

 

Summary of Accelerated Repurchase Activity The table below summarizes our accelerated share repurchase activity for the nine months ended September 30, 2022 and 2021.

 

 

 

 

 

 

Agreement

 

 

 

 

 

 

 

 

 

 

Agreement

 

Settlement

 

Amount

 

 

Initial Shares

 

 

Shares Received

 

 

Total Shares

 

Date

 

Date

 

(In millions)

 

 

Received

 

 

at Settlement

 

 

Received

 

February 2021

 

 

August 2021

 

 

$

275.0

 

 

 

960,330

 

 

 

140,716

 

 

 

1,101,046

 

August 2021

 

 

January 2022

 

 

$

250.0

 

 

 

655,365

 

 

 

123,410

 

 

 

778,775

 

February 2022

 

 

April 2022

 

 

$

400.0

 

 

 

1,018,157

 

 

 

372,809

 

 

 

1,390,966