XML 25 R15.htm IDEA: XBRL DOCUMENT v3.5.0.2

Business Segments (Tables)

9 Months Ended

Sep. 30, 2016

Segment Reporting [Abstract]

Summary of Operating Results

The following is a summary of operating results and certain other financial data for our business segments (in thousands):

	Three Months													Three Months
	Ended September 30, 2016													Ended September 30, 2015
							Inter-			Hub										Inter-			Hub
							Segment			Group										Segment			Group
	Hub			Mode			Elims			Total				Hub			Mode			Elims			Total
Revenue	$	716,699		$	251,611		$	(35,496	)	$	932,814			$	680,559		$	239,375		$	(20,065	)	$	899,869
Transportation costs		638,154			218,702			(35,496	)		821,360				606,081			208,789			(20,065	)		794,805
Gross margin		78,545			32,909			-			111,454				74,478			30,586			-			105,064
Costs and expenses:
Salaries and benefits		38,775			3,835			-			42,610				32,917			3,440			-			36,357
Agent fees and commissions		20			19,052			-			19,072				14			17,848			-			17,862
General and administrative		15,969			1,672			-			17,641				13,659			1,802			-			15,461
Depreciation and amortization		1,959			317			-			2,276				1,647			319			-			1,966
Total costs and expenses		56,723			24,876			-			81,599				48,237			23,409			-			71,646
Operating income	$	21,822		$	8,033		$	-		$	29,855			$	26,241		$	7,177		$	-		$	33,418
Capital Expenditures	$	34,411		$	255		$	-		$	34,666			$	15,817		$	1,418		$	-		$	17,235

The following is a summary of operating results and certain other financial data for our business segments (in thousands):

	Nine Months													Nine Months
	Ended September 30, 2016													Ended September 30, 2015
							Inter-			Hub										Inter-			Hub
							Segment			Group										Segment			Group
	Hub			Mode			Elims			Total				Hub			Mode			Elims			Total
Revenue	$	1,980,450		$	692,366		$	(78,586	)	$	2,594,230			$	2,010,453		$	686,744		$	(61,874	)	$	2,635,323
Transportation costs		1,739,676			598,809			(78,586	)		2,259,899				1,800,628			600,648			(61,874	)		2,339,402
Gross margin		240,774			93,557			-			334,331				209,825			86,096			-			295,921
Costs and expenses:
Salaries and benefits		118,658			11,417			-			130,075				103,865			10,805			-			114,670
Agent fees and commissions		47			54,287			-			54,334				43			49,331			-			49,374
General and administrative		44,917			5,451			-			50,368				39,051			5,244			-			44,295
Depreciation and amortization		5,603			956			-			6,559				4,912			981			-			5,893
Total costs and expenses		169,225			72,111			-			241,336				147,871			66,361			-			214,232
Operating income	$	71,549		$	21,446		$	-		$	92,995			$	61,954		$	19,735		$	-		$	81,689
Capital Expenditures	$	59,356		$	527		$	-		$	59,883			$	39,365		$	1,586		$	-		$	40,951

Summary of Revenue by Segment and Business Line

The following tables summarize our revenue by segment and business line (in thousands) for the quarter ended September 30:

	Three Months													Three Months
	Ended September 30, 2016													Ended September 30, 2015
							Inter-			Hub										Inter-			Hub
							Segment			Group										Segment			Group
	Hub			Mode			Elims			Total				Hub			Mode			Elims			Total
Intermodal	$	466,283		$	126,052		$	(21,857	)	$	570,478			$	459,921		$	124,009		$	(18,699	)	$	565,231
Truck brokerage		96,906			79,627			(174	)		176,359				83,828			80,612			(696	)		163,744
Logistics		153,510			45,932			(13,465	)		185,977				136,810			34,754			(670	)		170,894
Total revenue	$	716,699		$	251,611		$	(35,496	)	$	932,814			$	680,559		$	239,375		$	(20,065	)	$	899,869

The following tables summarize our revenue by segment and business line (in thousands) for the nine months ended September 30:

	Nine Months													Nine Months
	Ended September 30, 2016													Ended September 30, 2015
							Inter-			Hub										Inter-			Hub
							Segment			Group										Segment			Group
	Hub			Mode			Elims			Total				Hub			Mode			Elims			Total
Intermodal	$	1,318,223		$	355,379		$	(61,974	)	$	1,611,628			$	1,345,776		$	352,822		$	(59,066	)	$	1,639,532
Truck brokerage		261,456			228,350			(676	)		489,130				266,187			237,655			(1,278	)		502,564
Logistics		400,771			108,637			(15,936	)		493,472				398,490			96,267			(1,530	)		493,227
Total revenue	$	1,980,450		$	692,366		$	(78,586	)	$	2,594,230			$	2,010,453		$	686,744		$	(61,874	)	$	2,635,323

Schedule of Assets

	As of September 30, 2016													As of December 31, 2015
							Inter-			Hub										Inter-			Hub
							Segment			Group										Segment			Group
	Hub			Mode			Elims			Total				Hub			Mode			Elims			Total
Total assets	$	1,139,068		$	183,198		$	(10,049	)	$	1,312,217			$	1,127,042		$	181,514		$	(7,410	)	$	1,301,146
Goodwill		233,042			29,389			-			262,431				233,205			29,389			-			262,594

X

- Definition

Tabular disclosure of all significant reconciling items in the reconciliation of total assets from reportable segments to the entity's consolidated assets.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 30
-Subparagraph (c)
-URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8906-108599

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 31
-URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8924-108599

+ Details

Name:	us-gaap_ReconciliationOfAssetsFromSegmentToConsolidatedTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of all significant reconciling items in the reconciliation of total revenues from reportable segments to the entity's consolidated revenues.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 31
-URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8924-108599

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 30
-Subparagraph (a)
-URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8906-108599

+ Details

Name:	us-gaap_ReconciliationOfRevenueFromSegmentsToConsolidatedTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

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://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 30
-URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8906-108599

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 25
-URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8813-108599

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 21
-Subparagraph (b)
-URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8721-108599

Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 350
-SubTopic 20
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=35741047&loc=d3e13816-109267

Reference 5: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 22
-URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8736-108599

+ Details

Name:	us-gaap_ScheduleOfSegmentReportingInformationBySegmentTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum: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