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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, 2021
Jun. 30, 2020
Jun. 30, 2021
Jun. 30, 2020
Revenues:        
Total revenues $ 5,532,726 $ 3,627,846 $ 10,336,595 $ 7,432,854
Costs and expenses:        
Personnel expenses 362,901 300,483 723,736 630,703
Other selling, general, and administrative expenses 125,671 125,183 243,887 253,476
Total costs and expenses 5,272,122 3,439,059 9,852,662 7,134,627
Income from operations 260,604 188,787 483,933 298,227
Interest and other expense (13,497) (10,211) (24,757) (25,439)
Income before provision for income taxes 247,107 178,576 459,176 272,788
Provision for income taxes 53,318 34,637 92,082 50,703
Net income 193,789 143,939 367,094 222,085
Other comprehensive (loss) income, net of tax (162) 24,253 (7,448) (7,942)
Comprehensive income $ 193,627 $ 168,192 $ 359,646 $ 214,143
Basic net income per share (in dollars per share) $ 1.45 $ 1.07 $ 2.74 $ 1.64
Diluted net income per share (in dollars per share) $ 1.44 $ 1.06 $ 2.71 $ 1.64
Basic weighted average shares outstanding (shares) 133,275 135,010 133,888 135,241
Dilutive effect of outstanding stock awards (shares) 1,581 600 1,388 535
Diluted weighted average shares outstanding (shares) 134,856 135,610 135,276 135,776
Transportation        
Revenues:        
Total revenues $ 5,240,448 $ 3,348,611 $ 9,800,675 $ 6,890,729
Costs and expenses:        
Purchased products and services 4,519,305 2,762,590 8,400,590 5,762,703
Sourcing        
Revenues:        
Total revenues 292,278 279,235 535,920 542,125
Costs and expenses:        
Purchased products and services $ 264,245 $ 250,803 $ 484,449 $ 487,745