v3.19.2
Condensed Statements Of Operations - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2019
Jun. 30, 2018
Jun. 30, 2019
Jun. 30, 2018
Income Statement [Abstract]        
Revenue from operations $ 1,060,666 $ 1,033,498 $ 2,051,448 $ 1,958,518
Operating expenses:        
Salaries, wages and benefits 532,583 522,249 1,054,927 1,023,560
Operating supplies and expenses 122,410 126,566 243,767 242,502
General supplies and expenses 32,391 29,891 63,951 59,867
Operating taxes and licenses 29,384 28,165 58,455 54,953
Insurance and claims 11,587 11,342 22,759 22,441
Communications and utilities 6,134 7,439 13,973 14,485
Depreciation and amortization 62,571 56,235 125,644 109,716
Purchased transportation 24,468 26,044 45,155 47,784
Miscellaneous expenses, net 4,649 5,086 9,902 13,389
Total operating expenses 826,177 813,017 1,638,533 1,588,697
Operating income 234,489 220,481 412,915 369,821
Non-operating (income) expense:        
Interest expense 160 11 282 22
Interest income (1,769) (668) (3,252) (1,124)
Other expense (income), net 524 (334) (76) 1,965
Total non-operating (income) expense (1,085) (991) (3,046) 863
Income before income taxes 235,574 221,472 415,961 368,958
Provision for income taxes 61,502 58,038 108,566 96,191
Net income $ 174,072 $ 163,434 $ 307,395 $ 272,767
Earnings per share:        
Basic $ 2.16 $ 1.99 $ 3.81 $ 3.32
Diluted $ 2.16 $ 1.99 $ 3.80 $ 3.32
Weighted average shares outstanding:        
Basic 80,522,276 82,067,872 80,776,296 82,160,159
Diluted 80,645,364 82,169,552 80,893,083 82,262,285
Dividends declared per share $ 0.17 $ 0.13 $ 0.34 $ 0.26

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