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CONDENSED CONSOLIDATED STATEMENTS OF EARNINGS - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Jun. 30, 2022
Jun. 30, 2021
Lease & related maintenance and rental revenues $ 1,049,604 $ 986,694 $ 2,074,589 $ 1,927,116
Total revenues 3,033,662 2,382,237 5,887,524 4,603,859
Selling, general and administrative expenses 360,687 302,749 702,696 578,391
Non-operating pension costs 2,581 (373) 5,368 (382)
Used vehicle sales, net (129,566) (51,634) (242,560) (80,485)
Interest expense 55,324 54,155 107,688 108,861
Miscellaneous income, net (14,576) (43,812) (14,202) (49,246)
Restructuring and other items, net 10,302 7,667 24,556 18,326
Total expenses 2,695,291 2,178,664 5,297,282 4,330,019
Earnings from continuing operations before income taxes 338,371 203,573 590,242 273,840
Provision for income taxes 98,029 54,005 174,078 72,688
Earnings from continuing operations 240,342 149,568 416,164 201,152
Loss from discontinued operations, net of tax (942) (463) (1,177) (1,222)
Net earnings $ 239,400 $ 149,105 $ 414,987 $ 199,930
Earnings (loss) per common share — Basic        
Continuing operations (in dollars per share) $ 4.80 $ 2.84 $ 8.20 $ 3.83
Discontinued operations (in dollars per share) (0.02) (0.01) (0.02) (0.02)
Net earnings (loss) (in dollars per share) 4.78 2.83 8.18 3.80
Earnings (loss) per common share — Diluted        
Continuing operations (in dollars per share) 4.72 2.78 8.05 3.75
Discontinued operations (in dollars per share) (0.02) (0.01) (0.02) (0.02)
Net earnings (loss) (in dollars per share) $ 4.70 $ 2.77 $ 8.03 $ 3.73
Services revenue        
Revenue $ 1,777,586 $ 1,276,140 $ 3,447,124 $ 2,441,628
Cost of services sold 1,520,121 1,090,015 2,966,830 2,089,807
Fuel services revenue        
Revenue 206,472 119,403 365,811 235,115
Cost of services sold 202,524 117,453 360,171 232,159
Cost of lease & related maintenance and rental        
Cost of services sold $ 687,894 $ 702,444 $ 1,386,735 $ 1,432,588