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Significant Accounting Policies (Tables)

6 Months Ended

Jun. 30, 2022

Accounting Policies [Abstract]

Disaggregated Revenue

We have one operating segment and the composition of our revenue is summarized below:

		Three Months Ended								Six Months Ended
		June 30,								June 30,
(In thousands)		2022				2021				2022				2021
LTL services		$	1,644,659			$	1,299,760			$	3,120,440			$	2,409,382
Other services			22,789				19,649				44,288				36,542
Total revenue from operations		$	1,667,448			$	1,319,409			$	3,164,728			$	2,445,924

Summary of Accelerated Repurchase Activity

The table below summarizes our accelerated share repurchase activity for the six months ended June 30, 2022 and 2021.

						Agreement
Agreement			Settlement			Amount				Initial Shares				Shares Received				Total Shares
Date			Date			(In millions)				Received				at Settlement				Received
February 2021			August 2021			$	275.0				960,330				140,716				1,101,046
August 2021			January 2022			$	250.0				655,365				123,410				778,775
February 2022			April 2022			$	400.0				1,018,157				372,809				1,390,966

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Tabular disclosure of an entity's revenue disaggregated by service.

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- Definition

Tabular disclosure of accelerated share repurchase (ASR) programs. An ASR is a combination of transactions that permits an entity to purchase a targeted number of shares immediately with the final purchase price of those shares determined by an average market price over a fixed period of time. An accelerated share repurchase program is intended to combine the immediate share retirement benefits of a tender offer with the market impact and pricing benefits of a disciplined daily open market stock repurchase program. ASRs can be disclosed as part of stockholders' equity.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 30
-Section 25
-Paragraph 5
-URI http://asc.fasb.org/extlink&oid=6405686&loc=d3e22802-112653

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