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SUPPLEMENTARY DATA (UNAUDITED) (Tables) | 12 Months Ended
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Dec. 31, 2019
Quarterly Financial Information Disclosure [Abstract] |
Schedule of Quarterly Financial Information | Our unaudited results of operations for each of the quarters in the years ended December 31, 2019 and 2018, are summarized below (in thousands, except per share data).
2019 | March 31 |  | June 30 |  | September 30 |  | December 31
Revenues: |  |  |  |  |  |  |
Transportation | $ | 3,504,932 |  |  | $ | 3,638,612 |  |  | $ | 3,608,346 |  |  | $ | 3,570,405 |
Sourcing | 246,278 |  |  | 270,228 |  |  | 247,786 |  |  | 222,921 |
Total revenues | 3,751,210 |  |  | 3,908,840 |  |  | 3,856,132 |  |  | 3,793,326 |
Costs and expenses: |  |  |  |  |  |  |
Purchased transportation and related services | 2,853,256 |  |  | 2,972,998 |  |  | 2,999,979 |  |  | 3,013,200 |
Purchased products sourced for resale | 219,154 |  |  | 240,626 |  |  | 222,722 |  |  | 201,263 |
Personnel expenses | 340,098 |  |  | 338,886 |  |  | 320,563 |  |  | 298,981 |
Other selling, general, and administrative expenses | 114,152 |  |  | 128,795 |  |  | 111,783 |  |  | 143,076 |
Total costs and expenses | 3,526,660 |  |  | 3,681,305 |  |  | 3,655,047 |  |  | 3,656,520 |
Income from operations | 224,550 |  |  | 227,535 |  |  | 201,085 |  |  | 136,806 |
Net income | $ | 161,788 |  |  | $ | 169,180 |  |  | $ | 146,894 |  |  | $ | 99,106 |
Basic net income per share | $ | 1.17 |  |  | $ | 1.23 |  |  | $ | 1.08 |  |  | $ | 0.73 |
Diluted net income per share | $ | 1.16 |  |  | $ | 1.22 |  |  | $ | 1.07 |  |  | $ | 0.73 |
Basic weighted average shares outstanding | 137,854 |  |  | 137,185 |  |  | 136,380 |  |  | 135,997 |
Dilutive effect of outstanding stock awards | 1,101 |  |  | 1,071 |  |  | 1,096 |  |  | 624 |
Diluted weighted average shares outstanding | 138,955 |  |  | 138,256 |  |  | 137,476 |  |  | 136,621 |
2018 |  | March 31 |  | June 30 |  | September 30 |  | December 31
Revenues: |  |  |  |  |  |  |  |
Transportation |  | $ | 3,637,640 |  |  | $ | 3,953,139 |  |  | $ | 4,028,392 |  |  | $ | 3,896,750 |
Sourcing |  | 287,687 |  |  | 322,898 |  |  | 263,508 |  |  | 241,158 |
Total revenues |  | 3,925,327 |  |  | 4,276,037 |  |  | 4,291,900 |  |  | 4,137,908 |
Costs and expenses: |  |  |  |  |  |  |  |
Purchased transportation and related services |  | 3,041,602 |  |  | 3,313,196 |  |  | 3,359,520 |  |  | 3,207,859 |
Purchased products sourced for resale |  | 257,800 |  |  | 291,358 |  |  | 238,336 |  |  | 216,266 |
Personnel expenses |  | 328,297 |  |  | 340,630 |  |  | 335,299 |  |  | 339,316 |
Other selling, general, and administrative expenses |  | 106,043 |  |  | 111,845 |  |  | 112,772 |  |  | 118,950 |
Total costs and expenses |  | 3,733,742 |  |  | 4,057,029 |  |  | 4,045,927 |  |  | 3,882,391 |
Income from operations |  | 191,585 |  |  | 219,008 |  |  | 245,973 |  |  | 255,517 |
Net income |  | $ | 142,297 |  |  | $ | 159,163 |  |  | $ | 175,895 |  |  | $ | 187,150 |
Basic net income per share |  | $ | 1.02 |  |  | $ | 1.14 |  |  | $ | 1.27 |  |  | $ | 1.36 |
Diluted net income per share |  | $ | 1.01 |  |  | $ | 1.13 |  |  | $ | 1.25 |  |  | $ | 1.34 |
Basic weighted average shares outstanding |  | 140,032 |  |  | 139,464 |  |  | 138,797 |  |  | 137,797 |
Dilutive effect of outstanding stock awards |  | 1,238 |  |  | 1,147 |  |  | 1,363 |  |  | 1,385 |
Diluted weighted average shares outstanding |  | 141,270 |  |  | 140,611 |  |  | 140,160 |  |  | 139,182 |

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- Definition Tabular disclosure of quarterly financial data. Includes, but is not limited to, financial information for fiscal quarters, cumulative effect of a change in accounting principle and earnings per share data. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 270 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=118952077&loc=d3e1280-108306 + Details
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