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Segment Information (Tables) | 9 Months Ended
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Sep. 27, 2025
Information Regarding Reportable Business Segments | The following tables summarize information about the Company’s reportable business segments as of and for the thirty-nine-week and thirteen-week periods ended September 27, 2025 and September 28, 2024 (in thousands):
|  | Thirty-Nine Weeks Ended |
|  | September 27, 2025 |  |  | September 28, 2024 |
|  | Transportation Logistics |  |  | Insurance |  |  | Total |  |  | Transportation Logistics |  |  | Insurance |  |  | Total |
External revenue |  | $ | 3,525,234 |  |  | $ | 44,057 |  |  | $ | 3,569,291 |  |  | $ | 3,561,941 |  |  | $ | 47,974 |  |  | $ | 3,609,915 |
Internal revenue |  |  |  |  |  |  | 64,110 |  |  |  | 64,110 |  |  |  |  |  |  |  | 65,411 |  |  |  | 65,411 |
Total revenue |  |  | 3,525,234 |  |  |  | 108,167 |  |  |  | 3,633,401 |  |  |  | 3,561,941 |  |  |  | 113,385 |  |  |  | 3,675,326 |
Investment income |  |  |  |  |  |  | 10,620 |  |  |  | 10,620 |  |  |  |  |  |  |  | 10,988 |  |  |  | 10,988 |
Purchased transportation |  |  | 2,775,761 |  |  |  |  |  |  |  | 2,775,761 |  |  |  | 2,799,384 |  |  |  |  |  |  |  | 2,799,384 |
Commissions to agents |  |  | 291,529 |  |  |  |  |  |  |  | 291,529 |  |  |  | 295,801 |  |  |  |  |  |  |  | 295,801 |
Other operating costs, net of gains on asset sales/dispositions |  |  | 46,996 |  |  |  |  |  |  |  | 46,996 |  |  |  | 44,138 |  |  |  |  |  |  |  | 44,138 |
Insurance and claims |  |  | 89,387 |  |  |  | 78,032 |  |  |  | 167,419 |  |  |  | 84,429 |  |  |  | 64,812 |  |  |  | 149,241 |
Selling, general and administrative |  |  | 165,860 |  |  |  | 8,443 |  |  |  | 174,303 |  |  |  | 153,118 |  |  |  | 9,495 |  |  |  | 162,613 |
Depreciation and amortization |  |  | 35,884 |  |  |  |  |  |  |  | 35,884 |  |  |  | 44,001 |  |  |  |  |  |  |  | 44,001 |
Impairment of intangible and other assets |  |  | 30,104 |  |  |  |  |  |  |  | 30,104 |  |  |  | — |  |  |  |  |  |  |  | — |
Operating income |  |  | 89,713 |  |  |  | 32,312 |  |  |  | 122,025 |  |  |  | 141,070 |  |  |  | 50,066 |  |  |  | 191,136 |
Goodwill |  |  | 34,005 |  |  |  |  |  |  |  | 34,005 |  |  |  | 41,122 |  |  |  |  |  |  |  | 41,122 |
Operating income |  |  |  |  |  |  |  |  |  |  | 122,025 |  |  |  |  |  |  |  |  |  |  |  | 191,136 |
Interest and debt expense (income) (1) |  |  |  |  |  |  |  |  |  |  | 756 |  |  |  |  |  |  |  |  |  |  |  | (4,455 | )
Income before income taxes |  |  |  |  |  |  |  |  |  |  | 121,269 |  |  |  |  |  |  |  |  |  |  |  | 195,591 |
|  | Thirteen Weeks Ended |
|  | September 27, 2025 |  |  | September 28, 2024 |
|  | Transportation Logistics |  |  | Insurance |  |  | Total |  |  | Transportation Logistics |  |  | Insurance |  |  | Total |
External revenue |  | $ | 1,190,802 |  |  | $ | 14,604 |  |  | $ | 1,205,406 |  |  | $ | 1,198,334 |  |  | $ | 15,533 |  |  | $ | 1,213,867 |
Internal revenue |  |  |  |  |  |  | 11,017 |  |  |  | 11,017 |  |  |  |  |  |  |  | 12,065 |  |  |  | 12,065 |
Total revenue |  |  | 1,190,802 |  |  |  | 25,621 |  |  |  | 1,216,423 |  |  |  | 1,198,334 |  |  |  | 27,598 |  |  |  | 1,225,932 |
Investment income |  |  |  |  |  |  | 3,293 |  |  |  | 3,293 |  |  |  |  |  |  |  | 3,922 |  |  |  | 3,922 |
Purchased transportation |  |  | 936,472 |  |  |  |  |  |  |  | 936,472 |  |  |  | 943,805 |  |  |  |  |  |  |  | 943,805 |
Commissions to agents |  |  | 98,693 |  |  |  |  |  |  |  | 98,693 |  |  |  | 98,703 |  |  |  |  |  |  |  | 98,703 |
Other operating costs, net of gains on asset sales/dispositions |  |  | 15,572 |  |  |  |  |  |  |  | 15,572 |  |  |  | 15,144 |  |  |  |  |  |  |  | 15,144 |
Insurance and claims |  |  | 26,014 |  |  |  | 18,011 |  |  |  | 44,025 |  |  |  | 29,592 |  |  |  | 12,871 |  |  |  | 42,463 |
Selling, general and administrative |  |  | 53,875 |  |  |  | 3,140 |  |  |  | 57,015 |  |  |  | 48,101 |  |  |  | 3,151 |  |  |  | 51,252 |
Depreciation and amortization |  |  | 11,509 |  |  |  |  |  |  |  | 11,509 |  |  |  | 15,371 |  |  |  |  |  |  |  | 15,371 |
Impairment of intangible and other assets |  |  | 30,104 |  |  |  |  |  |  |  | 30,104 |  |  |  | — |  |  |  |  |  |  |  | — |
Operating income |  |  | 18,563 |  |  |  | 7,763 |  |  |  | 26,326 |  |  |  | 47,618 |  |  |  | 15,498 |  |  |  | 63,116 |
Operating income |  |  |  |  |  |  |  |  |  |  | 26,326 |  |  |  |  |  |  |  |  |  |  |  | 63,116 |
Interest and debt expense (income) (1) |  |  |  |  |  |  |  |  |  |  | 217 |  |  |  |  |  |  |  |  |  |  |  | (1,169 | )
Income before income taxes |  |  |  |  |  |  |  |  |  |  | 26,109 |  |  |  |  |  |  |  |  |  |  |  | 64,285 |
(1) | Interest and debt expense (income) includes (i) interest income earned on cash balances held by the transportation logistics segment of $ 3,549 and $ 7,296 in the 2025 and 2024 thirty-nine-week periods, respectively, and $ 1,140 and $ 2,251 in the 2025 and 2024 thirteen-week periods, respectively, and (ii) consolidated total interest expense of $ 4,305 and $ 2,841 in the 2025 and 2024 thirty-nine-week periods, respectively, and $ 1,357 and $ 1,082 in the 2025 and 2024 thirteen-week periods, respectively.

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- 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
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