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Business Segment Information | 9 Months Ended
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Sep. 30, 2022
Segment Reporting [Abstract] |
Business Segment Information | Note 8. Business Segment Information The Company is organized functionally in geographic operating segments. Accordingly, management focuses its attention on revenues, directly related cost of transportation and other expenses for each of the Company’s three primary sources of revenue, salaries and other operating expenses, operating income, identifiable assets, capital expenditures and equity generated in each of these geographical areas when evaluating the effectiveness of geographic management. Transactions among the Company’s various offices are conducted using the same arms-length pricing methodologies the Company uses when its offices transact business with independent agents. Certain costs are allocated among the segments based on the relative value of the underlying services, which can include allocation based on actual costs incurred or estimated cost plus a profit margin. Financial information regarding the Company’s operations by geographic area is as follows:
|  | UNITED STATES |  |  | OTHER NORTH AMERICA |  |  | LATIN AMERICA |  |  | NORTH ASIA |  |  | SOUTH ASIA |  |  | EUROPE |  |  | MIDDLE EAST, AFRICA AND INDIA |  |  | ELIMI- NATIONS |  |  | CONSOLI- DATED |
For the three months ended September 30, 2022: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Revenues |  | $ | 1,244,515 |  |  |  | 140,622 |  |  |  | 68,057 |  |  |  | 1,489,331 |  |  |  | 518,780 |  |  |  | 637,411 |  |  |  | 264,518 |  |  |  | (1,088 | ) |  |  | 4,362,146 |
Directly related cost of transportation and other expenses1 |  | $ | 742,826 |  |  |  | 80,116 |  |  |  | 41,638 |  |  |  | 1,250,872 |  |  |  | 416,817 |  |  |  | 453,248 |  |  |  | 209,248 |  |  |  | (492 | ) |  |  | 3,194,273 |
Salaries and other operating expenses2 |  | $ | 314,442 |  |  |  | 30,151 |  |  |  | 15,057 |  |  |  | 98,758 |  |  |  | 37,577 |  |  |  | 109,308 |  |  |  | 36,181 |  |  |  | (524 | ) |  |  | 640,950 |
Operating income |  | $ | 187,247 |  |  |  | 30,355 |  |  |  | 11,362 |  |  |  | 139,701 |  |  |  | 64,386 |  |  |  | 74,855 |  |  |  | 19,089 |  |  |  | (72 | ) |  |  | 526,923 |
Identifiable assets at period end |  | $ | 3,553,279 |  |  |  | 272,527 |  |  |  | 137,472 |  |  |  | 915,895 |  |  |  | 421,148 |  |  |  | 1,020,756 |  |  |  | 322,160 |  |  |  | (35,711 | ) |  |  | 6,607,526 |
Capital expenditures |  | $ | 9,278 |  |  |  | 556 |  |  |  | 419 |  |  |  | 581 |  |  |  | 426 |  |  |  | 3,619 |  |  |  | 1,049 |  |  |  | — |  |  |  | 15,928 |
Equity |  | $ | 2,430,632 |  |  |  | 129,346 |  |  |  | 59,494 |  |  |  | 304,496 |  |  |  | 180,855 |  |  |  | 289,595 |  |  |  | 140,147 |  |  |  | (43,172 | ) |  |  | 3,491,393 |
For the three months ended September 30, 2021: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Revenues |  | $ | 1,134,096 |  |  |  | 116,404 |  |  |  | 54,303 |  |  |  | 1,690,381 |  |  |  | 538,780 |  |  |  | 564,810 |  |  |  | 221,777 |  |  |  | (1,290 | ) |  |  | 4,319,261 |
Directly related cost of transportation and other expenses1 |  | $ | 661,515 |  |  |  | 63,031 |  |  |  | 34,216 |  |  |  | 1,417,283 |  |  |  | 445,970 |  |  |  | 389,208 |  |  |  | 174,733 |  |  |  | (466 | ) |  |  | 3,185,490 |
Salaries and other operating expenses2 |  | $ | 238,943 |  |  |  | 33,077 |  |  |  | 14,759 |  |  |  | 141,109 |  |  |  | 54,003 |  |  |  | 126,475 |  |  |  | 36,598 |  |  |  | (830 | ) |  |  | 644,134 |
Operating income |  | $ | 233,638 |  |  |  | 20,296 |  |  |  | 5,328 |  |  |  | 131,989 |  |  |  | 38,807 |  |  |  | 49,127 |  |  |  | 10,446 |  |  |  | 6 |  |  |  | 489,637 |
Identifiable assets at period end |  | $ | 3,417,496 |  |  |  | 256,638 |  |  |  | 110,406 |  |  |  | 1,558,109 |  |  |  | 457,615 |  |  |  | 990,123 |  |  |  | 328,671 |  |  |  | (42,675 | ) |  |  | 7,076,383 |
Capital expenditures |  | $ | 6,001 |  |  |  | 248 |  |  |  | 175 |  |  |  | 435 |  |  |  | 351 |  |  |  | 2,254 |  |  |  | 406 |  |  |  | — |  |  |  | 9,870 |
Equity |  | $ | 2,451,584 |  |  |  | 93,084 |  |  |  | 37,087 |  |  |  | 368,535 |  |  |  | 129,941 |  |  |  | 258,805 |  |  |  | 123,304 |  |  |  | (41,748 | ) |  |  | 3,420,592 |
|  | UNITED STATES |  |  | OTHER NORTH AMERICA |  |  | LATIN AMERICA |  |  | NORTH ASIA |  |  | SOUTH ASIA |  |  | EUROPE |  |  | MIDDLE EAST, AFRICA AND INDIA |  |  | ELIMI- NATIONS |  |  | CONSOLI- DATED |
For the nine months ended September 30, 2022: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Revenues |  | $ | 3,751,102 |  |  |  | 390,220 |  |  |  | 191,900 |  |  |  | 4,840,822 |  |  |  | 1,776,355 |  |  |  | 1,871,509 |  |  |  | 811,147 |  |  |  | (3,299 | ) |  |  | 13,629,756 |
Directly related cost of transportation and other expenses1 |  | $ | 2,303,428 |  |  |  | 230,154 |  |  |  | 118,793 |  |  |  | 4,054,319 |  |  |  | 1,463,173 |  |  |  | 1,335,267 |  |  |  | 647,510 |  |  |  | (1,312 | ) |  |  | 10,151,332 |
Salaries and other operating expenses2 |  | $ | 962,817 |  |  |  | 86,328 |  |  |  | 42,654 |  |  |  | 326,767 |  |  |  | 121,634 |  |  |  | 333,971 |  |  |  | 111,481 |  |  |  | (1,893 | ) |  |  | 1,983,759 |
Operating income |  | $ | 484,857 |  |  |  | 73,738 |  |  |  | 30,453 |  |  |  | 459,736 |  |  |  | 191,548 |  |  |  | 202,271 |  |  |  | 52,156 |  |  |  | (94 | ) |  |  | 1,494,665 |
Identifiable assets at period end |  | $ | 3,553,279 |  |  |  | 272,527 |  |  |  | 137,472 |  |  |  | 915,895 |  |  |  | 421,148 |  |  |  | 1,020,756 |  |  |  | 322,160 |  |  |  | (35,711 | ) |  |  | 6,607,526 |
Capital expenditures |  | $ | 45,149 |  |  |  | 2,672 |  |  |  | 705 |  |  |  | 1,878 |  |  |  | 1,152 |  |  |  | 13,343 |  |  |  | 3,599 |  |  |  | — |  |  |  | 68,498 |
Equity |  | $ | 2,430,632 |  |  |  | 129,346 |  |  |  | 59,494 |  |  |  | 304,496 |  |  |  | 180,855 |  |  |  | 289,595 |  |  |  | 140,147 |  |  |  | (43,172 | ) |  |  | 3,491,393 |
For the nine months ended September 30, 2021: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Revenues |  | $ | 3,007,053 |  |  |  | 311,986 |  |  |  | 146,148 |  |  |  | 4,208,811 |  |  |  | 1,306,264 |  |  |  | 1,576,092 |  |  |  | 574,469 |  |  |  | (3,649 | ) |  |  | 11,127,174 |
Directly related cost of transportation and other expenses1 |  | $ | 1,731,032 |  |  |  | 175,392 |  |  |  | 86,868 |  |  |  | 3,471,453 |  |  |  | 1,051,133 |  |  |  | 1,072,973 |  |  |  | 444,132 |  |  |  | (1,576 | ) |  |  | 8,031,407 |
Salaries and other operating expenses2 |  | $ | 718,762 |  |  |  | 90,114 |  |  |  | 41,871 |  |  |  | 354,841 |  |  |  | 146,214 |  |  |  | 359,338 |  |  |  | 100,899 |  |  |  | (2,069 | ) |  |  | 1,809,970 |
Operating income |  | $ | 557,259 |  |  |  | 46,480 |  |  |  | 17,409 |  |  |  | 382,517 |  |  |  | 108,917 |  |  |  | 143,781 |  |  |  | 29,438 |  |  |  | (4 | ) |  |  | 1,285,797 |
Identifiable assets at period end |  | $ | 3,417,496 |  |  |  | 256,638 |  |  |  | 110,406 |  |  |  | 1,558,109 |  |  |  | 457,615 |  |  |  | 990,123 |  |  |  | 328,671 |  |  |  | (42,675 | ) |  |  | 7,076,383 |
Capital expenditures |  | $ | 11,931 |  |  |  | 434 |  |  |  | 300 |  |  |  | 1,192 |  |  |  | 1,462 |  |  |  | 7,908 |  |  |  | 1,573 |  |  |  | — |  |  |  | 24,800 |
Equity |  | $ | 2,451,584 |  |  |  | 93,084 |  |  |  | 37,087 |  |  |  | 368,535 |  |  |  | 129,941 |  |  |  | 258,805 |  |  |  | 123,304 |  |  |  | (41,748 | ) |  |  | 3,420,592 |
1Directly related cost of transportation and other expenses totals operating expenses from airfreight services, ocean freight and ocean services and customs brokerage and other services as shown in the condensed consolidated statements of earnings. 2Salaries and other operating expenses totals salaries and related, rent and occupancy, depreciation and amortization, selling and promotion and other as shown in the condensed consolidated statements of earnings.

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- Definition The entire disclosure for reporting segments including data and tables. Reportable segments include those that meet any of the following quantitative thresholds a) it's reported revenue, including sales to external customers and intersegment sales or transfers is 10 percent or more of the combined revenue, internal and external, of all operating segments b) the absolute amount of its reported profit or loss is 10 percent or more of the greater, in absolute amount of 1) the combined reported profit of all operating segments that did not report a loss or 2) the combined reported loss of all operating segments that did report a loss c) its assets are 10 percent or more of the combined assets of all operating segments. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 31 -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8924-108599 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 34 -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8981-108599 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 21 -Subparagraph (a) -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8721-108599 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 40 -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e9031-108599 Reference 5: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 32 -Subparagraph (f) -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8933-108599 Reference 6: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 32 -Subparagraph (e) -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8933-108599 Reference 7: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 26 -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8844-108599 Reference 8: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 41 -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e9038-108599 Reference 9: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 32 -Subparagraph (d) -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8933-108599 Reference 10: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8736-108599 Reference 11: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 42 -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e9054-108599 Reference 12: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 15 -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8657-108599 Reference 13: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 21 -Subparagraph (b) -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8721-108599 Reference 14: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -URI https://asc.fasb.org/topic&trid=2134510 + Details
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