v3.24.1.u1
Condensed Statements of Operations (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Income Statement [Abstract]    
Revenue from operations $ 1,460,073 $ 1,442,136
Operating expenses:    
Salaries, wages and benefits 668,390 652,075
Operating supplies and expenses 172,472 192,384
General supplies and expenses 45,576 39,545
Operating taxes and licenses 35,838 36,701
Insurance and claims 18,194 16,028
Communications and utilities 10,995 11,017
Depreciation and amortization 84,531 75,947
Purchased transportation 30,710 30,615
Miscellaneous expenses, net 6,941 4,775
Total operating expenses 1,073,647 1,059,087
Operating income 386,426 383,049
Non-operating (income) expense:    
Interest expense 37 200
Interest income (7,372) (2,811)
Other expense, net 879 1,511
Total non-operating income (6,456) (1,100)
Income before income taxes 392,882 384,149
Provision for income taxes 100,578 99,111
Net income $ 292,304 $ 285,038
Earnings per share:    
Basic $ 1.34 $ 1.3
Diluted $ 1.34 $ 1.29
Weighted average shares outstanding:    
Basic 217,594 219,912
Diluted 218,808 221,358
Dividends declared per share $ 0.26 $ 0.2

Source