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Reportable Segments | 6 Months Ended
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Jun. 30, 2013
Segment Reporting [Abstract] |
Reportable Segments | 12. Reportable Segments The Company has three reportable segments as described in Note 1 of the unaudited condensed consolidated financial statements. Corporate charges include the costs of the Company’s executive and shared service teams, professional services such as legal and consulting, board of directors, and certain other corporate costs associated with operating as a public company. The Company allocates charges to the reportable segments for IT services, depreciation of IT fixed assets as well as centralized recruiting and training resources. The accounting policies of the reportable segments are the same as those described in the summary of significant accounting policies. The Company evaluates performance based on operating income of the respective business segments. The following schedule identifies select financial data for each of the Company’s operating segments for the three- and six-month periods ended June 30, 2013 and 2012, respectively (in thousands): XPO Logistics, Inc. Segment Data (Unaudited) (In thousands)
|  | Freight Brokerage |  |  | Expedited Transportation |  |  | Freight Forwarding |  |  | Corporate |  |  | Eliminations |  |  | Total |
Three Months Ended June 30, 2013 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Revenue |  | $ | 95,360 |  |  | $ | 26,445 |  |  | $ | 19,338 |  |  | $ | — |  |  | $ | (4,052 | ) |  | $ | 137,091 |
Operating income (loss) from operations |  |  | (4,990 | ) |  |  | 1,187 |  |  |  | 478 |  |  |  | (10,690 | ) |  |  | — |  |  |  | (14,015 | )
Depreciation and amortization |  |  | 1,180 |  |  |  | 291 |  |  |  | 93 |  |  |  | 231 |  |  |  | — |  |  |  | 1,795 |
Interest expense |  |  | 3 |  |  |  | 2 |  |  |  | — |  |  |  | 3,101 |  |  |  | — |  |  |  | 3,106 |
Tax provision (benefit) |  |  | — |  |  |  | 2 |  |  |  | — |  |  |  | 72 |  |  |  | — |  |  |  | 74 |
Goodwill |  |  | 49,145 |  |  |  | 11,560 |  |  |  | 9,222 |  |  |  | — |  |  |  | — |  |  |  | 69,927 |
Total assets |  |  | 208,408 |  |  |  | 63,303 |  |  |  | 31,088 |  |  |  | 422,672 |  |  |  | (330,992 | ) |  |  | 394,479 |
Three Months Ended June 30, 2012 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Revenue |  | $ | 13,877 |  |  | $ | 25,731 |  |  | $ | 16,468 |  |  | $ | — |  |  | $ | (1,536 | ) |  | $ | 54,540 |
Operating income (loss) from operations |  |  | (825 | ) |  |  | 2,634 |  |  |  | 218 |  |  |  | (5,395 | ) |  |  | — |  |  |  | (3,368 | )
Depreciation and amortization |  |  | 76 |  |  |  | 129 |  |  |  | 145 |  |  |  | 73 |  |  |  | — |  |  |  | 423 |
Interest expense (income) |  |  | — |  |  |  | 1 |  |  |  | 1 |  |  |  | 1 |  |  |  | — |  |  |  | 3 |
Tax (benefit) provision |  |  | — |  |  |  | — |  |  |  | — |  |  |  | 1,780 |  |  |  | — |  |  |  | 1,780 |
Goodwill |  |  | 2,125 |  |  |  | 7,737 |  |  |  | 9,222 |  |  |  | — |  |  |  | — |  |  |  | 19,084 |
Total assets |  |  | 12,899 |  |  |  | 28,953 |  |  |  | 22,920 |  |  |  | 237,335 |  |  |  | (41,376 | ) |  |  | 260,731 |
Six Months Ended June 30, 2013 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Revenue |  | $ | 173,590 |  |  | $ | 50,320 |  |  | $ | 35,571 |  |  | $ | — |  |  | $ | (8,391 | ) |  | $ | 251,090 |
Operating income (loss) from operations |  |  | (8,810 | ) |  |  | 1,940 |  |  |  | 850 |  |  |  | (19,362 | ) |  |  | — |  |  |  | (25,382 | )
Depreciation and amortization |  |  | 2,194 |  |  |  | 559 |  |  |  | 181 |  |  |  | 415 |  |  |  | — |  |  |  | 3,349 |
Interest expense |  |  | 5 |  |  |  | 4 |  |  |  | — |  |  |  | 6,161 |  |  |  | — |  |  |  | 6,170 |
Tax provision (benefit) |  |  | 41 |  |  |  | 2 |  |  |  | — |  |  |  | 253 |  |  |  | — |  |  |  | 296 |
Goodwill |  |  | 49,145 |  |  |  | 11,560 |  |  |  | 9,222 |  |  |  | — |  |  |  | — |  |  |  | 69,927 |
Total assets |  |  | 208,408 |  |  |  | 63,303 |  |  |  | 31,088 |  |  |  | 422,672 |  |  |  | (330,992 | ) |  |  | 394,479 |
Six Months Ended June 30, 2012 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Revenue |  | $ | 21,805 |  |  | $ | 48,151 |  |  | $ | 31,925 |  |  | $ | — |  |  | $ | (2,781 | ) |  | $ | 99,100 |
Operating income (loss) from operations |  |  | (911 | ) |  |  | 4,422 |  |  |  | 459 |  |  |  | (11,562 | ) |  |  | — |  |  |  | (7,592 | )
Depreciation and amortization |  |  | 96 |  |  |  | 266 |  |  |  | 289 |  |  |  | 90 |  |  |  | — |  |  |  | 741 |
Interest expense |  |  | 1 |  |  |  | 2 |  |  |  | — |  |  |  | 12 |  |  |  | — |  |  |  | 15 |
Tax provision (benefit) |  |  | — |  |  |  | — |  |  |  | — |  |  |  | 259 |  |  |  | — |  |  |  | 259 |
Goodwill |  |  | 2,125 |  |  |  | 7,737 |  |  |  | 9,222 |  |  |  | — |  |  |  | — |  |  |  | 19,084 |
Total assets |  |  | 12,899 |  |  |  | 28,953 |  |  |  | 22,920 |  |  |  | 237,335 |  |  |  | (41,376 | ) |  |  | 260,731 |

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- Definition The entire disclosure for reporting segments including data and tables. Reportable segments include those that meet any of the following quantitative thresholds a) it's reported revenue, including sales to external customers and intersegment sales or transfers is 10 percent or more of the combined revenue, internal and external, of all operating segments b) the absolute amount of its reported profit or loss is 10 percent or more of the greater, in absolute amount of 1) the combined reported profit of all operating segments that did not report a loss or 2) the combined reported loss of all operating segments that did report a loss c) its assets are 10 percent or more of the combined assets of all operating segments. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8380-108599 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 32 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8933-108599 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 10 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8538-108599 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 26 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8844-108599 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 29 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8864-108599 Reference 6: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 34 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8981-108599 Reference 7: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 35 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8984-108599 Reference 8: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 41 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e9038-108599 Reference 9: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8906-108599 Reference 10: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 42 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e9054-108599 Reference 11: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 31 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8924-108599 Reference 12: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 40 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e9031-108599 Reference 13: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 33 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8971-108599 Reference 14: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 12 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8595-108599 + Details
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