XML 15 R4.htm IDEA: XBRL DOCUMENT v3.10.0.1
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME - USD ($)
shares in Thousands, $ in Thousands
 3 Months Ended 6 Months Ended
Jun. 30, 2018
Jun. 30, 2017
Jun. 30, 2018
Jun. 30, 2017
Revenues:        
Total revenues $ 4,276,037 $ 3,710,018 $ 8,201,364 $ 7,125,143
Costs and expenses:        
Personnel expenses 340,630 284,220 668,927 574,724
Other selling, general, and administrative expenses 111,845 107,749 217,888 197,853
Total costs and expenses 4,057,029 3,528,198 7,790,771 6,755,365
Income from operations 219,008 181,820 410,593 369,778
Interest and other expense (5,128) (9,368) (15,828) (18,670)
Income before provision for income taxes 213,880 172,452 394,765 351,108
Provision for income taxes 54,717 61,381 93,305 117,957
Net income 159,163 111,071 301,460 233,151
Other comprehensive (loss) income (27,512) 6,731 (28,077) 24,136
Comprehensive income $ 131,651 $ 117,802 $ 273,383 $ 257,287
Basic net income per share (in dollars per share) $ 1.14 $ 0.79 $ 2.16 $ 1.65
Diluted net income per share (in dollars per share) $ 1.13 $ 0.78 $ 2.14 $ 1.65
Basic weighted average shares outstanding (shares) 139,464 141,061 139,745 141,229
Dilutive effect of outstanding stock awards (shares) 1,147 526 1,215 484
Diluted weighted average shares outstanding (shares) 140,611 141,587 140,960 141,713
Cash dividends declared per common share (in dollars per share) $ 0.46000 $ 0.45 $ 0.92 $ 0.9000
Transportation        
Revenues:        
Total revenues $ 3,953,139 $ 3,319,995 $ 7,590,779 $ 6,422,038
Costs and expenses:        
Purchased products sourced for resale 3,313,196 2,781,355 6,354,798 5,345,240
Sourcing        
Revenues:        
Total revenues 322,898 390,023 610,585 703,105
Costs and expenses:        
Purchased products sourced for resale $ 291,358 $ 354,874 $ 549,158 $ 637,548