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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2017
Jun. 30, 2016
Jun. 30, 2017
Jun. 30, 2016
Revenues:        
Transportation $ 3,319,995 $ 2,881,496 $ 6,422,038 $ 5,595,184
Sourcing 390,023 418,245 703,105 778,500
Total revenues 3,710,018 3,299,741 7,125,143 6,373,684
Costs and expenses:        
Purchased transportation and related services 2,781,355 2,324,995 5,345,240 4,504,617
Purchased products sourced for resale 354,874 380,531 637,548 711,517
Personnel expenses 284,220 270,251 574,724 547,748
Other selling, general, and administrative expenses 107,749 90,217 197,853 177,103
Total costs and expenses 3,528,198 3,065,994 6,755,365 5,940,985
Income from operations 181,820 233,747 369,778 432,699
Interest and other expense (9,368) (6,265) (18,670) (15,037)
Income before provision for income taxes 172,452 227,482 351,108 417,662
Provision for income taxes 61,381 84,392 117,957 155,609
Net income 111,071 143,090 233,151 262,053
Other comprehensive gain (loss) 6,731 (3,577) 24,136 (27)
Comprehensive income $ 117,802 $ 139,513 $ 257,287 $ 262,026
Basic net income per share (in dollars per share) $ 0.79 $ 1.00 $ 1.65 $ 1.83
Diluted net income per share (in dollars per share) $ 0.78 $ 1.00 $ 1.65 $ 1.83
Basic weighted average shares outstanding (shares) 141,061 142,998 141,229 143,259
Dilutive effect of outstanding stock awards (shares) 526 218 484 178
Diluted weighted average shares outstanding (shares) 141,587 143,216 141,713 143,437
Cash dividends declared per common share (in dollars per share) $ 0.45 $ 0.43 $ 0.90 $ 0.86