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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, 2018
Sep. 30, 2017
Sep. 30, 2018
Sep. 30, 2017
Revenues:        
Total revenues $ 4,291,900 $ 3,784,451 $ 12,493,264 $ 10,909,594
Costs and expenses:        
Personnel expenses 335,299 293,204 1,004,226 867,928
Other selling, general, and administrative expenses 112,772 106,177 330,660 304,030
Total costs and expenses 4,045,927 3,589,986 11,836,698 10,345,351
Income from operations 245,973 194,465 656,566 564,243
Interest and other expense (6,526) (10,484) (22,354) (29,154)
Income before provision for income taxes 239,447 183,981 634,212 535,089
Provision for income taxes 63,552 64,795 156,857 182,752
Net income 175,895 119,186 477,355 352,337
Other comprehensive (loss) income (10,877) 14,426 (38,954) 38,562
Comprehensive income $ 165,018 $ 133,612 $ 438,401 $ 390,899
Basic net income per share (in dollars per share) $ 1.27 $ 0.85 $ 3.42 $ 2.50
Diluted net income per share (in dollars per share) $ 1.25 $ 0.85 $ 3.39 $ 2.49
Basic weighted average shares outstanding (shares) 138,797 140,422 139,425 140,962
Dilutive effect of outstanding stock awards (shares) 1,363 600 1,295 441
Diluted weighted average shares outstanding (shares) 140,160 141,022 140,720 141,403
Dividends declared, per share (in dollars per share) $ 0.46 $ 0.45 $ 1.38 $ 1.35
Transportation        
Revenues:        
Total revenues $ 4,028,392 $ 3,433,701 $ 11,619,171 $ 9,855,739
Costs and expenses:        
Purchased products and services 3,359,520 2,869,616 9,714,318 8,214,856
Sourcing        
Revenues:        
Total revenues 263,508 350,750 874,093 1,053,855
Costs and expenses:        
Purchased products and services $ 238,336 $ 320,989 $ 787,494 $ 958,537