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CONDENSED CONSOLIDATED STATEMENTS OF EARNINGS - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2021
Jun. 30, 2020
Jun. 30, 2021
Jun. 30, 2020
Lease & related maintenance and rental revenues $ 986,694 $ 868,660 $ 1,927,116 $ 1,796,416
Total revenues 2,382,237 1,895,282 4,603,859 4,056,588
Other operating expenses 33,481 29,849 67,381 63,414
Selling, general and administrative expenses 269,268 208,564 511,010 432,683
Non-operating pension costs, net (373) 936 (382) 2,157
Used vehicle sales, net (51,634) 9,488 (80,485) 30,172
Interest expense 54,155 67,285 108,861 129,851
Miscellaneous (income) loss, net (43,812) (9,946) (49,246) (1,278)
Restructuring and other items, net 7,667 37,200 18,326 68,147
Total expenses 2,178,664 1,990,059 4,330,019 4,264,999
Earnings (loss) from continuing operations before income taxes 203,573 (94,777) 273,840 (208,411)
Provision for (benefit from) income taxes 54,005 (21,072) 72,688 (25,577)
Earnings (loss) from continuing operations 149,568 (73,705) 201,152 (182,834)
Earnings (loss) from discontinued operations, net of tax (463) (394) (1,222) (878)
Net earnings (loss) $ 149,105 $ (74,099) $ 199,930 $ (183,712)
Earnings (loss) per common share — Basic        
Continuing operations (in dollars per share) $ 2.84 $ (1.41) $ 3.83 $ (3.50)
Discontinued operations (in dollars per share) (0.01) (0.01) (0.02) (0.02)
Net earnings (loss) (in dollars per share) 2.83 (1.42) 3.80 (3.52)
Earnings (loss) per common share — Diluted        
Continuing operations (in dollars per share) 2.78 (1.41) 3.75 (3.50)
Discontinued operations (in dollars per share) (0.01) (0.01) (0.02) (0.02)
Net earnings (loss) (in dollars per share) $ 2.77 $ (1.42) $ 3.73 $ (3.52)
Cost of lease & related maintenance and rental        
Cost of services sold $ 708,737 $ 775,350 $ 1,438,881 $ 1,593,642
Services revenue        
Revenue 1,276,140 942,267 2,441,628 2,054,455
Cost of services sold 1,091,725 793,353 2,091,517 1,747,782
Fuel services revenue        
Revenue 119,403 84,355 235,115 205,717
Cost of services sold $ 109,450 $ 77,980 $ 224,156 $ 198,429