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Note 14 - Quarterly Financial Information (Unaudited)
12 Months Ended
Dec. 31, 2018
Notes to Financial Statements  
Quarterly Financial Information [Text Block]
14.
     Quarterly Financial Information (Unaudited)
 
As further discussed in Note
10,
Commitments and Contingencies, our
fourth
quarter
2018
operating income, net earnings and earnings per share included the impact of pretax charges for contingent liabilities. As further discussed in Note
7,
Income Taxes, our
fourth
quarter
2017,
net earnings and earnings per share included the effect of a
$309.2
million provisional amount recorded as a component of income tax expense from continuing operations resulting from the remeasurement of our deferred tax balance due to the enactment of the Tax Cuts and Jobs Act. Operating results by quarter for the years ended
December 31, 2018
and
2017
are as follows (in thousands, except per share data):
 
   
Quarter
 
   
First
   
Second
   
Third
   
Fourth
 
2018:
                               
Operating revenues
  $
1,948,245
    $
2,139,027
    $
2,209,760
    $
2,317,842
 
Operating income
  $
168,781
    $
214,812
    $
174,688
    $
122,740
 
Net earnings
  $
118,142
    $
151,652
    $
131,110
    $
88,681
 
Basic earnings per share
  $
1.08
    $
1.39
    $
1.20
    $
0.81
 
Diluted earnings per share
  $
1.07
    $
1.37
    $
1.19
    $
0.81
 
                                 
2017:
                               
Operating revenues
  $
1,629,158
    $
1,726,915
    $
1,843,334
    $
1,990,160
 
Operating income
  $
149,389
    $
163,615
    $
164,972
    $
145,814
 
Net earnings
  $
102,702
    $
97,869
    $
100,385
    $
385,308
 
Basic earnings per share
  $
0.93
    $
0.89
    $
0.92
    $
3.51
 
Diluted earnings per share
  $
0.92
    $
0.88
    $
0.91
    $
3.48