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UNAUDITED CONSOLIDATED STATEMENTS OF INCOME AND COMPREHENSIVE INCOME - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2023
Sep. 30, 2022
Sep. 30, 2023
Sep. 30, 2022
Income Statement [Abstract]        
Operating revenue $ 1,024,835 $ 1,355,407 $ 3,217,562 $ 4,054,987
Costs and expenses:        
Purchased transportation and warehousing 772,650 1,023,052 2,403,190 3,081,299
Salaries and benefits 138,503 137,666 417,757 395,904
Depreciation and amortization 36,065 33,542 106,899 97,075
Insurance and claims 11,681 17,615 36,041 37,553
General and administrative 24,146 34,382 76,445 93,819
Gain on sale of assets, net (765) (8,588) (5,599) (21,097)
Total operating expenses 982,280 1,237,669 3,034,733 3,684,553
Operating income 42,555 117,738 182,829 370,434
Other income (expense):        
Interest expense (3,537) (2,190) (9,623) (5,301)
Interest income 2,838 40 6,302 50
Other, net (188) (384) (81) (446)
Total other expense, net (887) (2,534) (3,402) (5,697)
Income before provision for income taxes 41,668 115,204 179,427 364,737
Provision for income taxes 11,209 27,879 40,684 87,063
Net income 30,459 87,325 138,743 277,674
Other comprehensive (loss) income:        
Foreign currency translation adjustments (31) (35) 47 (31)
Total comprehensive income $ 30,428 $ 87,290 $ 138,790 $ 277,643
Basic earnings per common share $ 0.98 $ 2.63 $ 4.35 $ 8.29
Diluted earnings per common share $ 0.97 $ 2.61 $ 4.31 $ 8.21
Basic weighted average number of shares outstanding 31,139 33,145 31,908 33,480
Diluted weighted average number of shares outstanding 31,493 33,521 32,208 33,807