XML 13 R2.htm IDEA: XBRL DOCUMENT v3.25.3
Condensed Consolidated Statements of Earnings (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
 3 Months Ended 9 Months Ended
Sep. 30, 2025
Sep. 30, 2024
Sep. 30, 2025
Sep. 30, 2024
Operating revenues $ 3,052,897 $ 3,068,171 $ 8,902,470 $ 8,940,856
Operating expenses:        
Rents and purchased transportation 1,332,386 1,380,380 3,892,622 3,935,379
Salaries, wages and employee benefits 822,193 809,494 2,438,781 2,420,425
Depreciation and amortization 179,125 187,982 535,581 555,637
Fuel and fuel taxes 164,008 158,792 477,652 496,610
Operating supplies and expenses 132,701 127,889 384,399 371,305
Insurance and claims 82,015 78,441 251,870 227,348
General and administrative expenses, net of asset dispositions 69,004 72,389 216,850 223,878
Operating taxes and licenses 18,020 17,705 53,270 52,815
Communication and utilities 10,788 10,991 32,833 33,273
Total operating expenses 2,810,240 2,844,063 8,283,858 8,316,670
Operating income [1] 242,657 224,108 618,612 624,186
Net interest expense 17,871 20,751 57,754 56,598
Earnings before income taxes 224,786 203,357 560,858 567,588
Income taxes 53,937 51,291 143,645 152,156
Net earnings $ 170,849 $ 152,066 $ 417,213 $ 415,432
Weighted average basic shares outstanding (in shares) 96,184 101,319 97,832 102,312
Basic earnings per share (in dollars per share) $ 1.78 $ 1.5 $ 4.26 $ 4.06
Weighted average diluted shares outstanding (in shares) 96,847 102,135 98,424 103,126
Diluted earnings per share (in dollars per share) $ 1.76 $ 1.49 $ 4.24 $ 4.03
Service Excluding Fuel Surcharge [Member]        
Operating revenues $ 2,667,276 $ 2,678,484 $ 7,803,324 $ 7,775,991
Fuel Surcharge [Member]        
Operating revenues $ 385,621 $ 389,687 $ 1,099,146 $ 1,164,865
[1] Refer to the Condensed Consolidated Statements of Earnings for the reconciliation of consolidated operating income to earnings before income taxes.