XML 13 R2.htm IDEA: XBRL DOCUMENT v3.24.3
Condensed Consolidated Statements of Earnings (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2024
Sep. 30, 2023
Sep. 30, 2024
Sep. 30, 2023
Operating revenues $ 3,068,171 $ 3,163,753 $ 8,940,856 $ 9,525,965
Operating expenses:        
Rents and purchased transportation 1,380,380 1,443,197 3,935,379 4,315,581
Salaries, wages and employee benefits 809,494 803,187 2,420,425 2,450,062
Depreciation and amortization 187,982 187,714 555,637 543,498
Fuel and fuel taxes 158,792 195,962 496,610 563,642
Operating supplies and expenses 127,889 130,905 371,305 388,213
Insurance and claims 78,441 62,675 227,348 196,896
General and administrative expenses, net of asset dispositions 72,389 69,413 223,878 191,291
Operating taxes and licenses 17,705 18,739 52,815 55,797
Communication and utilities 10,991 10,245 33,273 31,067
Total operating expenses 2,844,063 2,922,037 8,316,670 8,736,047
Operating income 224,108 241,716 624,186 789,918
Net interest expense 20,751 12,586 56,598 41,980
Earnings before income taxes 203,357 229,130 567,588 747,938
Income taxes 51,291 41,699 152,156 173,186
Net earnings $ 152,066 $ 187,431 $ 415,432 $ 574,752
Weighted average basic shares outstanding (in shares) 101,319 103,302 102,312 103,528
Basic earnings per share (in dollars per share) $ 1.5 $ 1.81 $ 4.06 $ 5.55
Weighted average diluted shares outstanding (in shares) 102,135 104,394 103,126 104,562
Diluted earnings per share (in dollars per share) $ 1.49 $ 1.8 $ 4.03 $ 5.5
Service Excluding Fuel Surcharge [Member]        
Operating revenues $ 2,678,484 $ 2,690,890 $ 7,775,991 $ 8,140,959
Fuel Surcharge [Member]        
Operating revenues $ 389,687 $ 472,863 $ 1,164,865 $ 1,385,006