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REVENUE FROM CONTRACTS WITH CUSTOMERS (Tables)

9 Months Ended

Sep. 30, 2018

Revenue from Contract with Customer [Abstract]

Schedule of New Accounting Pronouncements and Changes in Accounting Principles

The cumulative effect of the changes made to our consolidated January 1, 2018 balance sheet for the adoption of ASU 2014-09 were as follows:

		Balance at December 31, 2017				Adjustments				Balance at January 1, 2018
Balance Sheet
Assets
Receivables, net of allowance for doubtful accounts		$	2,113,930			$	(101,718	)		$	2,012,212
Contract assets		—				147,764				147,764
Prepaid expenses and other		63,116				4,021				67,137
Liabilities
Accounts payable		1,000,305				(56,493		)		943,812
Accrued expenses - transportation expense		—				94,811				94,811
Accrued expenses - compensation		105,316				1,964				107,280
Accrued expenses - other accrued liabilities		58,229				(2,752		)		55,477
Deferred tax liabilities		45,355				3,298				48,653
Equity
Retained earnings		3,437,093				9,239				3,446,332

The impact of adoption of ASU 2014-09 on our consolidated statements of operations and consolidated balance sheets were as follows. The adoption of ASU 2014-09 did not have a material impact upon our consolidated statements of cash flows.

		Three Months Ended September 30, 2018
		As reported				Balances without adoption of ASU 2014-09				Effect of Change Higher / (Lower)
Income Statement
Revenues
Transportation		$	4,028,392			$	4,018,151			$	10,241
Sourcing (1)		263,508				292,090				(28,582		)
Total Revenues		$	4,291,900			$	4,310,241			$	(18,341	)
Costs and expenses
Purchased transportation and related services		$	3,359,520			$	3,350,085			$	9,435
Purchased products sourced for resale (1)		238,336				266,918				(28,582		)
Personnel expenses		335,299				335,198				101
Other selling, general, and administrative expenses		112,772				112,772				—
Total Costs and Expenses		4,045,927				4,064,973				(19,046		)
Income from operations		245,973				245,268				705
Interest and other expense		(6,526		)		(6,526		)		—
Income before provision for income taxes		239,447				238,742				705
Provision for income taxes		63,552				63,300				252
Net income		$	175,895			$	175,442			$	453

		Nine Months Ended September 30, 2018
		As reported				Balances without adoption of ASU 2014-09				Effect of Change Higher / (Lower)
Income Statement
Revenues
Transportation		$	11,619,171			$	11,537,467			$	81,704
Sourcing (1)		874,093				957,889				(83,796		)
Total Revenues		$	12,493,264			$	12,495,356			$	(2,092	)
Costs and expenses
Purchased transportation and related services		$	9,714,318			$	9,642,888			$	71,430
Purchased products sourced for resale (1)		787,494				871,290				(83,796		)
Personnel expenses		1,004,226				1,003,575				651
Other selling, general, and administrative expenses		330,660				330,660				—
Total Costs and Expenses		11,836,698				11,848,413				(11,715		)
Income from operations		656,566				646,943				9,623
Interest and other expense		(22,354		)		(22,354		)		—
Income before provision for income taxes		634,212				624,589				9,623
Provision for income taxes		156,857				154,332				2,525
Net income		$	477,355			$	470,257			$	7,098

(1) We have identified certain customer contracts in our sourcing managed procurement business that changed from a principal to an agent relationship under the new standard. This change resulted in these contracts being recognized at the net amount we charge our customers but had no impact on income from operations.

		As of September 30, 2018
		As reported				Balances without adoption of ASU 2014-09				Effect of Change Higher / (Lower)
Balance Sheet
Assets
Receivables, net of allowance for doubtful accounts		$	2,251,944			$	2,327,352			$	(75,408	)
Contract assets		201,411				—				201,411
Prepaid expenses and other		53,909				52,518				1,391
Liabilities
Accounts payable		$	1,077,780			$	1,128,878			$	(51,098	)
Accrued expenses - transportation expense		156,810				—				156,810
Accrued expenses - compensation		121,813				119,197				2,616
Accrued expenses - other accrued liabilities		68,863				71,929				(3,066		)
Deferred tax liabilities		44,555				38,760				5,795
Equity
Retained earnings		$	3,728,503			$	3,712,166			$	16,337

Summary of Gross Revenue Disaggregated by Major Service Line and Timing of Revenue Recognition

A summary of our total revenues disaggregated by major service line and timing of revenue recognition is presented below for each of our reportable segments for the three and nine months ended September 30, 2018 as follows:

	Three Months Ended September 30, 2018
	NAST				Global Forwarding				Robinson Fresh				All Other and Corporate				Total
Major Service Lines
Transportation and logistics services	$	2,931,461			$	639,268			$	302,082			$	155,581			$	4,028,392
Sourcing	—				—				263,508				—				263,508
Total	$	2,931,461			$	639,268			$	565,590			$	155,581			$	4,291,900
Timing of Revenue Recognition
Performance obligations completed over time	$	2,931,461			$	639,268			$	302,082			$	155,581			$	4,028,392
Performance obligations completed at a point in time	—				—				263,508				—				263,508
Total	$	2,931,461			$	639,268			$	565,590			$	155,581			$	4,291,900

	Nine Months Ended September 30, 2018
	NAST				Global Forwarding				Robinson Fresh				All Other and Corporate				Total
Major Service Lines
Transportation and logistics services	$	8,473,376			$	1,810,619			$	862,990			$	472,186			$	11,619,171
Sourcing	—				—				874,093				—				874,093
Total	$	8,473,376			$	1,810,619			$	1,737,083			$	472,186			$	12,493,264
Timing of Revenue Recognition
Performance obligations completed over time	$	8,473,376			$	1,810,619			$	862,990			$	472,186			$	11,619,171
Performance obligations completed at a point in time	—				—				874,093				—				874,093
Total	$	8,473,376			$	1,810,619			$	1,737,083			$	472,186			$	12,493,264

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Tabular disclosure of disaggregation of revenue into categories depicting how nature, amount, timing, and uncertainty of revenue and cash flows are affected by economic factor.

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Tabular disclosure of changes in accounting principles, including adoption of new accounting pronouncements, that describes the new methods, amount and effects on financial statement line items.

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