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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, 2024
Sep. 30, 2023
Sep. 30, 2024
Sep. 30, 2023
Revenues:        
Total revenues $ 4,644,641 $ 4,341,030 $ 13,540,300 $ 13,374,556
Costs and expenses:        
Personnel expenses 361,559 343,532 1,101,868 1,103,915
Other selling, general, and administrative expenses 193,575 177,795 493,181 474,892
Total costs and expenses 4,464,522 4,227,508 13,054,958 12,967,378
Income from operations 180,119 113,522 485,342 407,178
Interest and other income/expense, net (36,282) (20,748) (74,587) (67,272)
Income before provision for income taxes 143,837 92,774 410,755 339,906
Provision for income taxes 46,608 10,825 94,371 45,750
Net income 97,229 81,949 316,384 294,156
Other comprehensive income (loss) 29,494 (14,891) 8,691 (18,950)
Comprehensive income $ 126,723 $ 67,058 $ 325,075 $ 275,206
Basic net income per share (in dollars per share) $ 0.81 $ 0.69 $ 2.65 $ 2.48
Diluted net income per share (in dollars per share) $ 0.80 $ 0.68 $ 2.63 $ 2.46
Basic weighted average shares outstanding (shares) 119,860 118,464 119,542 118,532
Dilutive effect of outstanding stock awards (shares) 1,319 1,287 613 1,230
Diluted weighted average shares outstanding (shares) 121,179 119,751 120,155 119,762
Transportation        
Revenues:        
Total revenues $ 4,278,300 $ 4,029,407 $ 12,482,818 $ 12,442,199
Costs and expenses:        
Purchased products and services 3,575,983 3,421,960 10,501,362 10,546,551
Sourcing        
Revenues:        
Total revenues 366,341 311,623 1,057,482 932,357
Costs and expenses:        
Purchased products and services $ 333,405 $ 284,221 $ 958,547 $ 842,020