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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, 2019
Jun. 30, 2018
Jun. 30, 2019
Jun. 30, 2018
Revenues:        
Total revenues $ 3,908,840 $ 4,276,037 $ 7,660,050 $ 8,201,364
Costs and expenses:        
Personnel expenses 338,886 340,630 678,984 668,927
Other selling, general, and administrative expenses 128,795 111,845 242,947 217,888
Total costs and expenses 3,681,305 4,057,029 7,207,965 7,790,771
Income from operations 227,535 219,008 452,085 410,593
Interest and other expense (6,615) (5,128) (23,755) (15,828)
Income before provision for income taxes 220,920 213,880 428,330 394,765
Provision for income taxes 51,740 54,717 97,362 93,305
Net income 169,180 159,163 330,968 301,460
Other comprehensive loss (5,688) (27,512) (391) (28,077)
Comprehensive income $ 163,492 $ 131,651 $ 330,577 $ 273,383
Basic net income per share (in dollars per share) $ 1.23 $ 1.14 $ 2.41 $ 2.16
Diluted net income per share (in dollars per share) $ 1.22 $ 1.13 $ 2.39 $ 2.14
Basic weighted average shares outstanding (shares) 137,185 139,464 137,518 139,745
Dilutive effect of outstanding stock awards (shares) 1,071 1,147 1,149 1,215
Diluted weighted average shares outstanding (shares) 138,256 140,611 138,667 140,960
Transportation        
Revenues:        
Total revenues $ 3,638,612 $ 3,953,139 $ 7,143,544 $ 7,590,779
Costs and expenses:        
Purchased products and services 2,972,998 3,313,196 5,826,254 6,354,798
Sourcing        
Revenues:        
Total revenues 270,228 322,898 516,506 610,585
Costs and expenses:        
Purchased products and services $ 240,626 $ 291,358 $ 459,780 $ 549,158