XML 42 R29.htm IDEA: XBRL DOCUMENT
v3.25.1

Segment Information (Tables) | 3 Months Ended
--- | ---
Mar. 29, 2025
Information Regarding Reportable Business Segments | The following tables summarize information about the Company’s reportable business segments as of and for the thirteen-week periods ended March 29, 2025 and March 30, 2024 (in thousands):
|  | Transportation |  |  |  |  |  |  |
|  | Logistics |  |  | Insurance |  |  | Total |
2025 |  |  |  |  |  |  |  |  |  |  |  |
External revenue |  | $ | 1,137,745 |  |  | $ | 14,757 |  |  | $ | 1,152,502 |
Internal revenue |  |  | — |  |  |  | 11,579 |  |  |  | 11,579 |
Total revenue |  |  | 1,137,745 |  |  |  | 26,336 |  |  |  | 1,164,081 |
Investment income |  |  |  |  |  |  | 3,598 |  |  |  | 3,598 |
Purchased transportation |  |  | 897,878 |  |  |  |  |  |  |  | 897,878 |
Commissions to agents |  |  | 93,314 |  |  |  |  |  |  |  | 93,314 |
Other operating costs, net of gains on asset sales/dispositions |  |  | 11,829 |  |  |  |  |  |  |  | 11,829 |
Insurance and claims |  |  | 33,856 |  |  |  | 17,575 |  |  |  | 51,431 |
Selling, general and administrative |  |  | 59,426 |  |  |  | 2,156 |  |  |  | 61,582 |
Depreciation and amortization |  |  | 12,226 |  |  |  |  |  |  |  | 12,226 |
Operating income |  |  | 29,216 |  |  |  | 10,203 |  |  |  | 39,419 |
Goodwill |  |  | 40,881 |  |  |  |  |  |  |  | 40,881 |
|  | Transportation |  |  |  |  |  |  |
|  | Logistics |  |  | Insurance |  |  | Total |
2024 |  |  |  |  |  |  |  |  |  |  |  |
External revenue |  | $ | 1,154,532 |  |  | $ | 16,511 |  |  | $ | 1,171,043 |
Internal revenue |  |  | — |  |  |  | 12,069 |  |  |  | 12,069 |
Total revenue |  |  | 1,154,532 |  |  |  | 28,580 |  |  |  | 1,183,112 |
Investment income |  |  |  |  |  |  | 3,412 |  |  |  | 3,412 |
Purchased transportation |  |  | 905,521 |  |  |  |  |  |  |  | 905,521 |
Commissions to agents |  |  | 97,282 |  |  |  |  |  |  |  | 97,282 |
Other operating costs, net of gains on asset sales/dispositions |  |  | 14,859 |  |  |  |  |  |  |  | 14,859 |
Insurance and claims |  |  | 26,853 |  |  |  | 11,484 |  |  |  | 38,337 |
Selling, general and administrative |  |  | 53,194 |  |  |  | 3,228 |  |  |  | 56,422 |
Depreciation and amortization |  |  | 14,142 |  |  |  |  |  |  |  | 14,142 |
Operating income |  |  | 42,681 |  |  |  | 17,280 |  |  |  | 59,961 |
Goodwill |  |  | 42,381 |  |  |  |  |  |  |  | 42,381 |
|  | Thirteen Weeks Ended |
|  | March 29, 2025 |  |  | March 30, 2024 |
Operating income |  | $ | 39,419 |  |  | $ | 59,961 |
Interest and debt (income) expense (1) |  |  | (159 | ) |  |  | (1,611 | )
Income before income taxes |  |  | 39,578 |  |  |  | 61,572 |
(1) | Interest and debt (income) expense includes (i) interest income earned on cash balances held by the transportation logistics segment of $1,668 and $2,500 in the 2025 and 2024 thirteen-week periods, respectively and (ii) consolidated total interest expense of $1,509 and $889 in the 2025 and 2024 thirteen-week periods, respectively .

X
- Definition Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 25 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-25 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-22 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-30 + Details
Name: | us-gaap_ScheduleOfSegmentReportingInformationBySegmentTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration