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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, 2025
Jun. 30, 2024
Jun. 30, 2025
Jun. 30, 2024
Revenues:        
Total revenues $ 4,136,543 $ 4,483,348 $ 8,183,283 $ 8,895,659
Costs and expenses:        
Personnel expenses 335,322 361,222 683,875 740,309
Other selling, general, and administrative expenses 141,990 148,097 289,672 299,606
Total costs and expenses 3,920,624 4,305,258 7,790,511 8,590,436
Income from operations 215,919 178,090 392,772 305,223
Interest and other income/expense, net (22,026) (21,525) (42,077) (38,305)
Income before provision for income taxes 193,893 156,565 350,695 266,918
Provision for income taxes 41,422 30,314 62,922 47,763
Net income 152,471 126,251 287,773 219,155
Other comprehensive income (loss) 28,085 (1,313) 38,520 (20,803)
Comprehensive income $ 180,556 $ 124,938 $ 326,293 $ 198,352
Basic net income per share (in dollars per share) $ 1.27 $ 1.06 $ 2.39 $ 1.84
Diluted net income per share (in dollars per share) $ 1.26 $ 1.05 $ 2.37 $ 1.83
Basic weighted average shares outstanding (shares) 120,244 119,418 120,605 119,381
Dilutive effect of outstanding stock awards (shares) 781 502 837 351
Diluted weighted average shares outstanding (shares) 121,025 119,920 121,442 119,732
Transportation        
Revenues:        
Total revenues $ 3,746,660 $ 4,121,930 $ 7,468,575 $ 8,204,518
Costs and expenses:        
Purchased products and services 3,092,641 3,470,383 6,174,011 6,925,379
Sourcing        
Revenues:        
Total revenues 389,883 361,418 714,708 691,141
Costs and expenses:        
Purchased products and services $ 350,671 $ 325,556 $ 642,953 $ 625,142