Quarterly report pursuant to Section 13 or 15(d)

Condensed Statements Of Operations

 v2.3.0.11
Condensed Statements Of Operations (USD $)
In Thousands, except Share data
3 Months Ended 6 Months Ended
Jun. 30, 2011
Jun. 30, 2010
Jun. 30, 2011
Jun. 30, 2010
Condensed Statements Of Operations        
Revenue from operations $ 480,255 $ 368,250 $ 902,934 $ 686,045
Operating expenses:        
Salaries, wages and benefits 239,376 196,260 460,874 377,061
Operating supplies and expenses 90,697 59,594 173,330 112,274
General supplies and expenses 13,201 10,443 24,767 20,428
Operating taxes and licenses 15,890 13,708 31,419 26,711
Insurance and claims 7,529 6,209 14,721 11,634
Communications and utilities 4,433 3,668 8,983 7,443
Depreciation and amortization 22,013 19,553 43,134 41,104
Purchased transportation 16,778 12,575 31,068 21,799
Building and office equipment rents 3,500 4,174 6,887 7,636
Miscellaneous expenses, net 2,193 2,055 5,185 3,569
Total operating expenses 415,610 328,239 800,368 629,659
Operating income 64,645 40,011 102,566 56,386
Non-operating expense (income):        
Interest expense 3,464 3,181 7,340 6,699
Interest income (14) (53) (33) (105)
Other expense (income), net 362 1,029 (1,056) 1,102
Total non-operating expense 3,812 4,157 6,251 7,696
Income before income taxes 60,833 35,854 96,315 48,690
Provision for income taxes 21,450 14,341 35,359 19,476
Net income $ 39,383 $ 21,513 $ 60,956 $ 29,214
Earnings per share:        
Basic $ 0.69 $ 0.38 $ 1.07 $ 0.52
Diluted $ 0.69 $ 0.38 $ 1.07 $ 0.52
Weighted average shares outstanding:        
Basic 57,443,324 55,927,013 56,849,647 55,927,013
Diluted 57,443,324 55,927,013 56,849,647 55,927,013