OPERATING SEGMENT DATA (Tables)

9 Months Ended

Sep. 30, 2013

Schedule of reportable operating segment information

The following table reflects reportable operating segment information for the three and nine months ended September 30:



	Three Months Ended September 30						Nine Months Ended September 30
	2013			2012			2013			2012
	(in thousands)
OPERATING REVENUES
Freight Transportation⁽¹⁾	$	471,031		$	450,156		$	1,325,062		$	1,287,020
Premium Logistics & Expedited Freight Services⁽²⁾	65,851			60,445			179,533			71,280
Domestic & Global Transportation Management⁽¹⁾	28,669			17,342			74,554			44,954
Emergency & Preventative Maintenance	37,047			32,785			102,504			85,264
Household Goods Moving Services	30,530			25,702			65,358			61,233
Other and eliminations	(9,714		)	(8,884		)	(26,012		)	(20,795		)
Total consolidated operating revenues	$	623,414		$	577,546		$	1,720,999		$	1,528,956
OPERATING EXPENSES AND COSTS
Freight Transportation⁽¹⁾
Salaries, wages, and benefits	$	276,683		$	272,102		$	816,502		$	806,158
Fuel, supplies, and expenses	84,714			83,777			250,486			247,113
Operating taxes and licenses	10,864			10,890			32,793			32,514
Insurance	6,858			4,942			17,410			15,408
Communications and utilities	3,724			3,811			11,535			11,069
Depreciation and amortization	17,621			20,366			56,162			58,403
Rents and purchased transportation	50,507			44,015			133,236			116,912
Gain on sale of property and equipment	(93		)	(65		)	(487		)	(578		)
Pension settlement expense	1,612			—			1,612			—
Other	1,325			1,841			5,649			5,781
Total Freight Transportation	453,815			441,679			1,324,898			1,292,780
Premium Logistics & Expedited Freight Services⁽²⁾
Purchased transportation	50,220			46,260			137,489			54,507
Depreciation and amortization	2,665			2,491			7,809			2,965
Other	9,864			10,890			30,490			12,524
Total Premium Logistics & Expedited Freight Services	62,749			59,641			175,788			69,996
Domestic & Global Transportation Management⁽¹⁾	28,128			16,671			72,990			43,297
Emergency & Preventative Maintenance	36,202			31,913			100,137			83,834
Household Goods Moving Services	28,695			24,277			62,806			60,435
Other and eliminations⁽³⁾	(6,677		)	(8,868		)	(21,188		)	(17,833		)
Total consolidated operating expenses and costs	$	602,912		$	565,313		$	1,715,431		$	1,532,509
OPERATING INCOME (LOSS)
Freight Transportation⁽¹⁾	$	17,216		$	8,477		$	164		$	(5,760	)
Premium Logistics & Expedited Freight Services⁽²⁾	3,102			804			3,745			1,284
Domestic & Global Transportation Management⁽¹⁾	541			671			1,564			1,657
Emergency & Preventative Maintenance	845			872			2,367			1,430
Household Goods Moving Services	1,835			1,425			2,552			798
Other and eliminations⁽³⁾	(3,037		)	(16		)	(4,824		)	(2,962		)
Total consolidated operating income (loss)	$	20,502		$	12,233		$	5,568		$	(3,553	)
OTHER INCOME (EXPENSE)
Interest and dividend income⁽²⁾	167			155			499			623
Interest expense and other related financing costs⁽²⁾	(993		)	(1,609		)	(3,279		)	(3,863		)
Other, net⁽⁴⁾	1,328			997			2,778			2,117
Total other income (expense)	502			(457		)	(2		)	(1,123		)
INCOME (LOSS) BEFORE INCOME TAXES	$	21,004		$	11,776		$	5,566		$	(4,676	)


(1)	As previously discussed in this Note, certain reclassifications have been made to the prior year’s operating segment data to conform to the current year presentation which includes the Domestic & Global Transportation Management segment formed in third quarter 2013.


(2)	Includes operations of the Premium Logistics & Expedited Freight Services segment since the June 15, 2012 acquisition of Panther.


(3)	The 2013 periods include a $1.4 million workers' compensation expense adjustment.


(4)	Includes changes in cash surrender value and proceeds of life insurance policies.

The following table reflects assets by reportable operating segment:



	September 30 2013		December 31 2012
	(in thousands)
ASSETS
Freight Transportation⁽¹⁾	$	550,612	$	550,676
Premium Logistics & Expedited Freight Services	221,344		222,280
Domestic & Global Transportation Management⁽¹⁾	23,418		15,437
Emergency & Preventative Maintenance	21,128		18,413
Household Goods Moving Services	25,611		21,754
Other and eliminations⁽¹⁾	196,010		205,902
	$	1,038,123	$	1,034,462


(1)	As previously discussed in this Note, certain reclassifications have been made to the prior year’s operating segment data to conform to the current year presentation which includes the Domestic & Global Transportation Management segment formed in third quarter 2013.

- 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.

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