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Condensed Consolidated Statements of Earnings (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2019
Sep. 30, 2018
Sep. 30, 2019
Sep. 30, 2018
Operating revenues $ 2,363,660 $ 2,209,760 $ 6,714,934 $ 6,297,032
Operating expenses:        
Rents and purchased transportation 1,196,377 1,125,386 3,282,682 3,163,443
Salaries, wages and employee benefits 554,872 495,350 1,606,344 1,410,942
Depreciation and amortization 126,803 108,801 370,728 321,807
Fuel and fuel taxes 114,764 117,976 344,926 341,398
Operating supplies and expenses 87,044 79,225 249,480 226,352
General and administrative expenses, net of asset dispositions 49,077 42,449 140,654 112,078
Insurance and claims 43,956 45,594 124,963 102,464
Operating taxes and licenses 14,266 13,203 40,991 37,025
Communication and utilities 8,639 7,088 25,416 23,241
Total operating expenses 2,195,798 2,035,072 6,186,184 5,738,750
Operating income 167,862 174,688 528,750 558,282
Net interest expense 12,357 9,961 40,153 28,969
Earnings before income taxes 155,505 164,727 488,597 529,313
Income taxes 37,095 33,617 116,953 128,409
Net earnings $ 118,410 $ 131,110 $ 371,644 $ 400,904
Weighted average basic shares outstanding (in shares) 106,735 109,254 107,610 109,484
Basic earnings per share (in dollars per share) $ 1.11 $ 1.20 $ 3.45 $ 3.66
Weighted average diluted shares outstanding (in shares) 107,692 110,235 108,569 110,591
Diluted earnings per share (in dollars per share) $ 1.10 $ 1.19 $ 3.42 $ 3.63
Dividends declared per common share (in dollars per share) $ 0.26 $ 0.24 $ 0.78 $ 0.72
Service Excluding Fuel Surcharge [Member]        
Operating revenues $ 2,102,494 $ 1,936,653 $ 5,954,102 $ 5,523,974
Fuel Surcharge [Member]        
Operating revenues $ 261,166 $ 273,107 $ 760,832 $ 773,058