Annual report pursuant to Section 13 and 15(d)

Statements Of Operations

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Statements Of Operations - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2017
Dec. 31, 2016
Dec. 31, 2015
Income Statement [Abstract]      
Revenue from operations $ 3,358,112 $ 2,991,517 $ 2,972,442
Operating expenses      
Salaries, wages and benefits 1,802,440 1,652,055 1,569,791
Operating supplies and expenses 381,798 322,997 353,889
General supplies and expenses 107,733 86,626 89,308
Operating taxes and licenses 99,778 92,426 93,292
Insurance and claims 41,718 37,861 37,368
Communications and utilities 27,754 27,904 26,913
Depreciation and amortization 205,763 189,867 165,343
Purchased transportation 84,747 74,051 116,300
Building and office equipment rents 7,984 7,920 9,620
Miscellaneous expenses, net 22,511 15,975 12,378
Total operating expenses 2,782,226 2,507,682 2,474,202
Operating income 575,886 483,835 498,240
Non-operating expense (income)      
Interest expense 2,154 4,332 5,210
Interest income (740) (58) (209)
Other expense, net (1,360) 1,974 3,222
Total non-operating expense 54 6,248 8,223
Income before income taxes 575,832 477,587 490,017
Provision for income taxes 112,058 181,822 185,327
Net income $ 463,774 $ 295,765 $ 304,690
Earnings per share      
Basic $ 5.63 $ 3.56 $ 3.57
Diluted $ 5.63 $ 3.56 $ 3.57
Weighted average shares outstanding      
Basic 82,308,417 83,112,012 85,378,480
Diluted 82,407,068 83,153,659 85,378,480
Common Stock, Dividends, Per Share, Declared $ 0.40 $ 0.00 $ 0.00