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QUARTERLY INFORMATION (Unaudited) (Tables) | 12 Months Ended
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Dec. 31, 2013
QUARTERLY INFORMATION (Unaudited) |
Schedule of quarterly financial information | Segment results by quarter for 2013 and 2012 are listed below (in millions, except per-share amounts):
|  | Quarters During the Year Ended December 31, 2013 |
|  | Q1 |  | Q2 |  | Q3 |  | Q4 |
Revenue: |  |  |  |  |  |  |  |  |
Ocean transportation |  | $ | 299.9 |  | $ | 310.0 |  | $ | 310.1 |  | $ | 309.4 |
Logistics |  | 94.8 |  | 106.6 |  | 104.9 |  | 101.5 |
Total operating revenue |  | $ | 394.7 |  | $ | 416.6 |  | $ | 415.0 |  | $ | 410.9 |
Operating Income: |  |  |  |  |  |  |  |  |
Ocean transportation |  | $ | 18.5 |  | $ | 34.3 |  | $ | 25.5 |  | $ | 16.0 |
Logistics |  | 0.2 |  | 2.2 |  | 1.7 |  | 1.9 |
Total operating income |  | 18.7 |  | 36.5 |  | 27.2 |  | 17.9 |
Interest Expense |  | (3.7 | ) | (3.6 | ) | (3.6 | ) | (3.5 | )
Income From Continuing Operations before Income Taxes |  | 15.0 |  | 32.9 |  | 23.6 |  | 14.4 |
Income tax expense |  | (5.9 | ) | (12.8 | ) | (6.4 | ) | (7.1 | )
Income From Continuing Operations |  | 9.1 |  | 20.1 |  | 17.2 |  | 7.3 |
Net Income (Loss) from Discontinued Operations Net of Income taxes (1) |  | — |  | — |  | — |  | — |
Net Income |  | $ | 9.1 |  | $ | 20.1 |  | $ | 17.2 |  | $ | 7.3 |
Income From Continuing Operations |  |  |  |  |  |  |  |  |
Earnings Per Share: |  |  |  |  |  |  |  |  |
Basic |  | $ | 0.21 |  | $ | 0.47 |  | $ | 0.40 |  | $ | 0.17 |
Diluted |  | $ | 0.21 |  | $ | 0.47 |  | $ | 0.40 |  | $ | 0.17 |
Net Income |  |  |  |  |  |  |  |  |
Earnings Per Share: |  |  |  |  |  |  |  |  |
Basic |  | $ | 0.21 |  | $ | 0.47 |  | $ | 0.40 |  | $ | 0.17 |
Diluted |  | $ | 0.21 |  | $ | 0.47 |  | $ | 0.40 |  | $ | 0.17 |
|  | Quarters During the Year Ended December 31, 2012 |
|  | Q1 |  | Q2 |  | Q3 |  | Q4 |
Revenue: |  |  |  |  |  |  |  |  |
Ocean transportation |  | $ | 279.5 |  | $ | 299.5 |  | $ | 307.1 |  | $ | 303.7 |
Logistics |  | 86.6 |  | 94.7 |  | 94.3 |  | 94.6 |
Total operating revenue |  | $ | 366.1 |  | $ | 394.2 |  | $ | 401.4 |  | $ | 398.3 |
Operating Income (loss): |  |  |  |  |  |  |  |  |
Ocean transportation |  | $ | 5.8 |  | $ | 31.2 |  | $ | 32.9 |  | $ | 26.7 |
Logistics |  | 0.3 |  | 1.3 |  | 1.3 |  | (2.8 | )
Total operating income |  | 6.1 |  | 32.5 |  | 34.2 |  | 23.9 |
Interest Expense |  | (2.0 | ) | (1.9 | ) | (4.0 | ) | (3.8 | )
Income From Continuing Operations before Income Taxes |  | 4.1 |  | 30.6 |  | 30.2 |  | 20.1 |
Income tax expense |  | (2.1 | ) | (15.3 | ) | (11.2 | ) | (4.4 | )
Income From Continuing Operations |  | 2.0 |  | 15.3 |  | 19.0 |  | 15.7 |
Net Income (Loss) from Discontinued Operations Net of Income taxes (1) |  | 1.4 |  | (7.5 | ) | 0.1 |  | (0.1 | )
Net Income |  | $ | 3.4 |  | $ | 7.8 |  | $ | 19.1 |  | $ | 15.6 |
Income From Continuing Operations |  |  |  |  |  |  |  |  |
Earnings Per Share: |  |  |  |  |  |  |  |  |
Basic |  | $ | 0.05 |  | $ | 0.36 |  | $ | 0.45 |  | $ | 0.37 |
Diluted |  | $ | 0.05 |  | $ | 0.36 |  | $ | 0.45 |  | $ | 0.37 |
Net Income |  |  |  |  |  |  |  |  |
Earnings Per Share: |  |  |  |  |  |  |  |  |
Basic |  | $ | 0.08 |  | $ | 0.18 |  | $ | 0.45 |  | $ | 0.37 |
Diluted |  | $ | 0.08 |  | $ | 0.18 |  | $ | 0.45 |  | $ | 0.36 |
(1) See Note 3 for discussion on discontinued operations.

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- 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 -Publisher FASB -Name Accounting Standards Codification -Topic 270 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (a)-(j) -URI http://asc.fasb.org/extlink&oid=25249566&loc=d3e1280-108306 + Details
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