XML 35 R25.htm IDEA: XBRL DOCUMENT
v3.24.1.u1

REPORTABLE SEGMENTS (Tables) | 3 Months Ended
--- | ---
Mar. 31, 2024
REPORTABLE SEGMENTS |
Schedule of reportable segment financial information | ​
​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Three Months Ended
​ | ​ | March 31,
(In millions) |  | 2024 |  | 2023
Operating Revenue: | ​ | ​ | ​ | ​ | ​ | ​
Ocean Transportation (1) | ​ | $ | 579.0 | ​ | $ | 551.0
Logistics (2) | ​ |  | 143.1 | ​ |  | 153.8
Total Operating Revenue | ​ | $ | 722.1 | ​ | $ | 704.8
Operating Income: | ​ | ​ | ​ | ​ | ​ | ​
Ocean Transportation (3) | ​ | $ | 27.6 | ​ | $ | 27.8
Logistics | ​ |  | 9.3 | ​ |  | 10.9
Total Operating Income | ​ |  | 36.9 | ​ |  | 38.7
Interest income | ​ | ​ | 8.8 | ​ | ​ | 8.2
Interest expense | ​ |  | (2.2) | ​ |  | (4.5)
Other income (expense), net | ​ |  | 1.8 | ​ |  | 1.8
Income before Taxes | ​ |  | 45.3 | ​ |  | 44.2
Income taxes | ​ |  | (9.2) | ​ |  | (10.2)
Net Income | ​ | $ | 36.1 | ​ | $ | 34.0
(1) | Ocean Transportation operating revenue excludes inter-segment revenue of $19.7 million and $16.1 million for the three months ended March 31, 2024 and 2023, respectively.
(2) | Logistics operating revenue excludes inter-segment revenue of $26.9 million and $24.0 million for the three months ended March 31, 2024 and 2023, respectively.
(3) | Ocean Transportation segment information includes $0.4 million and $(1.8) million of net income (loss) from the Company’s equity investment in SSAT for the three months ended March 31, 2024 and 2023, 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 350 -SubTopic 20 -Section 50 -Paragraph 1 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482573/350-20-50-1 Reference 2: 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 3: 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 4: 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

X
- References No definition available. + Details
Name: | us-gaap_SegmentReportingAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration