XML 20 R39.htm IDEA: XBRL DOCUMENT
v2.4.0.6

QUARTERLY INFORMATION (Unaudited) (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2011
QUARTERLY INFORMATION (Unaudited) [Abstract] |
Segment Results by Quarter | Segment results by quarter for 2011 are listed below (in millions, except per-share amounts):
|  | 2011 |
|  | Q1 |  |  | Q2 |  |  | Q3 |  |  | Q4 |
Revenue: |  |  |  |  |  |  |  |  |  |  |  |
Transportation: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Ocean transportation |  | $ | 238.4 |  |  | $ | 274.8 |  |  | $ | 281.8 |  |  | $ | 282.6 |
Logistics services |  |  | 91.3 |  |  |  | 103.1 |  |  |  | 99.2 |  |  |  | 92.8 |
Real Estate: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Leasing |  |  | 26.0 |  |  |  | 25.2 |  |  |  | 24.5 |  |  |  | 24.4 |
Sales |  |  | 23.4 |  |  |  | 30.7 |  |  |  | 9.3 |  |  |  | 2.8 |
Less amounts reported in discontinued operations 1 |  |  | (15.2 | ) |  |  | (23.1 | ) |  |  | (8.8 | ) |  |  | (0.4 | )
Agribusiness |  |  | 16.1 |  |  |  | 44.7 |  |  |  | 38.5 |  |  |  | 62.4 |
Reconciling Items 2 |  |  | (6.5 | ) |  |  | (6.9 | ) |  |  | (4.3 | ) |  |  | (4.4 | )
Total Revenue |  | $ | 373.5 |  |  | $ | 448.5 |  |  | $ | 440.2 |  |  | $ | 460.2 |
Operating Profit (Loss): |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Transportation: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Ocean transportation |  | $ | 5.4 |  |  | $ | 27.1 |  |  | $ | 28.6 |  |  | $ | 13.0 |
Logistics services |  |  | 1.5 |  |  |  | 2.1 |  |  |  | 2.0 |  |  |  | (0.6 | )
Real Estate: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Leasing |  |  | 10.6 |  |  |  | 10.4 |  |  |  | 9.2 |  |  |  | 9.1 |
Sales |  |  | 12.0 |  |  |  | 10.6 |  |  |  | 3.5 |  |  |  | (10.6 | )
Less amounts reported in discontinued operations1 |  |  | (7.2 | ) |  |  | (9.2 | ) |  |  | (7.0 | ) |  |  | (0.4 | )
Agribusiness |  |  | 2.6 |  |  |  | 8.5 |  |  |  | 3.8 |  |  |  | 7.3 |
Total operating profit |  |  | 24.9 |  |  |  | 49.5 |  |  |  | 40.1 |  |  |  | 17.8 |
Interest Expense |  |  | (6.2 | ) |  |  | (6.1 | ) |  |  | (6.3 | ) |  |  | (6.2 | )
General Corporate Expenses |  |  | (4.2 | ) |  |  | (4.2 | ) |  |  | (4.8 | ) |  |  | (7.1 | )
Income From Continuing Operations before Income Taxes |  |  | 14.5 |  |  |  | 39.2 |  |  |  | 29.0 |  |  |  | 4.5 |
Income taxes |  |  | 5.8 |  |  |  | 15.1 |  |  |  | 10.6 |  |  |  | 0.8 |
Income From Continuing Operations |  |  | 8.7 |  |  |  | 24.1 |  |  |  | 18.4 |  |  |  | 3.7 |
Discontinued Operations1 |  |  | (3.5 | ) |  |  | (5.4 | ) |  |  | (9.7 | ) |  |  | (2.1 | )
Net Income |  | $ | 5.2 |  |  | $ | 18.7 |  |  | $ | 8.7 |  |  | $ | 1.6 |
Earnings Per Share: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Basic |  | $ | 0.13 |  |  | $ | 0.45 |  |  | $ | 0.21 |  |  | $ | 0.04 |
Diluted |  | $ | 0.12 |  |  | $ | 0.44 |  |  | $ | 0.21 |  |  | $ | 0.04 |
1 | See Note 2 for discussion of discontinued operations.
2 | Includes inter-segment revenue, interest income, and other income classified as revenue for segment reporting purposes.
Segment results by quarter for 2010 are listed below (in millions, except per-share amounts):
|  | 2010 |
|  | Q1 |  |  | Q2 |  |  | Q3 |  |  | Q4 |
Revenue: |  |  |  |  |  |  |  |  |  |  |  |
Transportation: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Ocean transportation |  | $ | 229.5 |  |  | $ | 257.2 |  |  | $ | 261.8 |  |  | $ | 268.0 |
Logistics services |  |  | 77.1 |  |  |  | 88.6 |  |  |  | 92.4 |  |  |  | 97.5 |
Real Estate: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Leasing |  |  | 23.6 |  |  |  | 23.2 |  |  |  | 24.4 |  |  |  | 23.2 |
Sales |  |  | 60.3 |  |  |  | 22.0 |  |  |  | 4.3 |  |  |  | 49.5 |
Less amounts reported in discontinued operations 1 |  |  | (58.4 | ) |  |  | (20.7 | ) |  |  | (3.3 | ) |  |  | (44.3 | )
Agribusiness2 |  |  | 14.2 |  |  |  | 29.8 |  |  |  | 60.4 |  |  |  | 59.5 |
Reconciling Items 3 |  |  | (4.2 | ) |  |  | (3.6 | ) |  |  | (2.7 | ) |  |  | (15.8 | )
Total Revenue |  | $ | 342.1 |  |  | $ | 396.5 |  |  | $ | 437.3 |  |  | $ | 437.6 |
Operating Profit (Loss): |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Transportation: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Ocean transportation |  | $ | 10.4 |  |  | $ | 37.0 |  |  | $ | 42.5 |  |  | $ | 28.8 |
Logistics services |  |  | 1.9 |  |  |  | 1.5 |  |  |  | 1.8 |  |  |  | 2.0 |
Real Estate: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Leasing |  |  | 9.1 |  |  |  | 8.5 |  |  |  | 9.3 |  |  |  | 8.4 |
Sales |  |  | 21.4 |  |  |  | 8.0 |  |  |  | 2.9 |  |  |  | 17.8 |
Less amounts reported in discontinued operations1 |  |  | (22.8 | ) |  |  | (10.6 | ) |  |  | (2.1 | ) |  |  | (19.0 | )
Agribusiness2 |  |  | (1.1 | ) |  |  | 1.8 |  |  |  | 0.8 |  |  |  | 4.6 |
Total operating profit |  |  | 18.9 |  |  |  | 46.2 |  |  |  | 55.2 |  |  |  | 42.6 |
Interest Expense |  |  | (6.5 | ) |  |  | (6.5 | ) |  |  | (6.3 | ) |  |  | (6.2 | )
General Corporate Expenses |  |  | (6.6 | ) |  |  | (4.5 | ) |  |  | (7.7 | ) |  |  | (4.5 | )
Income From Continuing Operations before Income Taxes |  |  | 5.8 |  |  |  | 35.2 |  |  |  | 41.2 |  |  |  | 31.9 |
Income taxes |  |  | 3.0 |  |  |  | 13.1 |  |  |  | 15.5 |  |  |  | 13.1 |
Income From Continuing Operations |  |  | 2.8 |  |  |  | 22.1 |  |  |  | 25.7 |  |  |  | 18.8 |
Discontinued Operations1 |  |  | 14.5 |  |  |  | 6.8 |  |  |  | -- |  |  |  | 1.4 |
Net Income |  | $ | 17.3 |  |  | $ | 28.9 |  |  | $ | 25.7 |  |  | $ | 20.2 |
Earnings Per Share: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Basic |  | $ | 0.42 |  |  | $ | 0.70 |  |  | $ | 0.62 |  |  | $ | 0.49 |
Diluted |  | $ | 0.42 |  |  | $ | 0.70 |  |  | $ | 0.62 |  |  | $ | 0.48 |
1 | See Note 2 for discussion of discontinued operations.
2 | Includes a $4.9 million gain in the fourth quarter of 2010 related to a agriculture disaster relief payment for drought experienced in prior years.
3 | Includes inter-segment revenue, interest income, and other income classified as revenue for segment reporting purposes.

X
- Details
Name: | us-gaap_QuarterlyFinancialInformationDisclosureAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the quarterly financial data in the annual financial statements. The disclosure includes financial information for each fiscal quarter for the current and previous year, including revenues, gross profit, income (loss) before extraordinary items and cumulative effect of a change in accounting principle and earnings per share data. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Topic 270 -SubTopic 10 -Publisher FASB -Number -Article -Subparagraph (a)-(j) -Name Accounting Standards Codification -Paragraph 1 -Section 50 -URI http://asc.fasb.org/extlink&oid=6952194&loc=d3e1280-108306 + Details
Name: | us-gaap_ScheduleOfQuarterlyFinancialInformationTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration