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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2017
Sep. 30, 2016
Sep. 30, 2017
Sep. 30, 2016
Revenues:        
Transportation $ 3,433,701 $ 2,998,583 $ 9,855,739 $ 8,593,767
Sourcing 350,750 357,171 1,053,855 1,135,671
Total revenues 3,784,451 3,355,754 10,909,594 9,729,438
Costs and expenses:        
Purchased transportation and related services 2,869,616 2,469,939 8,214,856 6,974,556
Purchased products sourced for resale 320,989 327,353 958,537 1,038,870
Personnel expenses 293,204 256,883 867,928 804,631
Other selling, general, and administrative expenses 106,177 90,312 304,030 267,415
Total costs and expenses 3,589,986 3,144,487 10,345,351 9,085,472
Income from operations 194,465 211,267 564,243 643,966
Interest and other expense (10,484) (7,426) (29,154) (22,463)
Income before provision for income taxes 183,981 203,841 535,089 621,503
Provision for income taxes 64,795 74,813 182,752 230,422
Net income 119,186 129,028 352,337 391,081
Other comprehensive gain 14,426 518 38,562 491
Comprehensive income $ 133,612 $ 129,546 $ 390,899 $ 391,572
Basic net income per share (in dollars per share) $ 0.85 $ 0.90 $ 2.50 $ 2.73
Diluted net income per share (in dollars per share) $ 0.85 $ 0.90 $ 2.49 $ 2.73
Basic weighted average shares outstanding (shares) 140,422 142,611 140,962 143,040
Dilutive effect of outstanding stock awards (shares) 600 272 441 205
Diluted weighted average shares outstanding (shares) 141,022 142,883 141,403 143,245
Cash dividends declared per common share (in dollars per share) $ 0.45 $ 0.43 $ 1.35 $ 1.29