Quarterly report pursuant to Section 13 or 15(d)

Condensed Statements Of Operations

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Condensed Statements Of Operations - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2018
Jun. 30, 2017
Jun. 30, 2018
Jun. 30, 2017
Income Statement [Abstract]        
Revenue from operations $ 1,033,498 $ 839,912 $ 1,958,518 $ 1,594,008
Operating expenses:        
Salaries, wages and benefits 522,249 441,904 1,023,560 858,408
Operating supplies and expenses 124,919 88,580 238,980 179,567
General supplies and expenses 29,891 28,283 59,867 51,155
Operating taxes and licenses 28,165 24,961 54,953 48,983
Insurance and claims 11,342 9,314 22,441 18,104
Communications and utilities 7,439 7,022 14,485 14,455
Depreciation and amortization 56,235 50,449 109,716 100,736
Purchased transportation 26,044 20,860 47,784 38,857
Building and office equipment rents 1,647 1,982 3,522 4,096
Miscellaneous expenses, net 5,086 6,125 13,389 11,093
Total operating expenses 813,017 679,480 1,588,697 1,325,454
Operating income 220,481 160,432 369,821 268,554
Non-operating expense (income):        
Interest expense 11 642 22 1,237
Interest income (668) (69) (1,124) (104)
Other (income) expense, net (334) (431) 1,965 (22)
Total non-operating (income) expense (991) 142 863 1,111
Income before income taxes 221,472 160,290 368,958 267,443
Provision for income taxes 58,038 61,872 96,191 103,233
Net income $ 163,434 $ 98,418 $ 272,767 $ 164,210
Earnings per share:        
Basic $ 1.99 $ 1.20 $ 3.32 $ 1.99
Diluted 1.99 1.19 3.32 1.99
Dividends declared per share $ 0.13 $ 0.10 $ 0.26 $ 0.20
Weighted average shares outstanding:        
Basic 82,067,872 82,318,623 82,160,159 82,333,739
Diluted 82,169,552 82,427,975 82,262,285 82,436,170