	Three Months Ended						Six Months Ended
	June 30						June 30
	2015			2014			2015			2014
	(in thousands)
REVENUES
Freight Transportation (ABF Freight)	$	504,371		$	492,857		$	945,578		$	921,728
Premium Logistics (Panther)	80,271			81,425			155,563			153,651
Emergency & Preventative Maintenance (FleetNet)	42,015			38,307			84,504			80,006
Transportation Management (ABF Logistics)	50,419			35,493			97,791			65,210
Household Goods Moving Services (ABF Moving)	32,225			22,855			50,793			37,605
Other and eliminations	(13,186		)	(12,291		)	(24,838		)	(21,650		)

Total consolidated revenues	$	696,115		$	658,646		$	1,309,391		$	1,236,550

OPERATING EXPENSES
Freight Transportation (ABF Freight)
Salaries, wages, and benefits	$	301,639		$	279,372		$	580,010		$	540,527
Fuel, supplies, and expenses	79,647			93,277			158,673			184,067
Operating taxes and licenses	12,322			11,770			24,318			23,263
Insurance	6,267			5,966			12,052			11,361
Communications and utilities	3,766			3,731			7,751			7,973
Depreciation and amortization	18,286			16,841			35,686			33,178
Rents and purchased transportation	52,380			55,549			94,224			102,969
Gain on sale of property and equipment	(594		)	(40		)	(838		)	(243		)
Pension settlement expense(1)	448			708			1,288			3,598
Other	2,118			2,848			4,279			4,382

Total Freight Transportation (ABF Freight)	476,279			470,022			917,443			911,075
Premium Logistics (Panther)
Purchased transportation	58,510			60,185			114,554			114,759
Depreciation and amortization(2)	2,939			2,838			5,863			5,574
Salaries, benefits, insurance, and other	13,984			14,044			29,113			25,596

Total Premium Logistics (Panther)	75,433			77,067			149,530			145,929
Emergency & Preventative Maintenance (FleetNet)	40,998			37,607			82,317			77,905
Transportation Management (ABF Logistics)	48,611			34,639			95,208			63,821
Household Goods Moving Services (ABF Moving)	30,228			22,232			49,159			37,823
Other and eliminations(1)	(8,900		)	(9,873		)	(19,012		)	(18,253		)

Total consolidated operating expenses	$	662,649		$	631,694		$	1,274,645		$	1,218,300

⁽¹⁾

Pension settlement expense totaled $0.6 million (pre-tax) and $0.9 million (pre-tax) on a consolidated basis for the three months ended June 30, 2015 and 2014, respectively, of which $0.4 million and $0.7 million was reported by ABF Freight, $0.1 million and $0.2 million was reported in Other and eliminations, and less than $0.1 million was reported by the asset-light logistics operating segments, for the respective periods. Pension settlement expense totaled $1.7 million (pre-tax) and $4.6 million (pre-tax) on a consolidated basis for the six months ended June 30, 2015 and 2014, respectively, of which $1.3 million and $3.6 million was reported by ABF Freight, $0.3 million and $0.9 million was reported in Other and eliminations, and $0.1 million was reported by the asset-light logistics operating segments, for the respective periods.

⁽²⁾

Depreciation and amortization consists primarily of amortization of intangibles, including customer relationships and software associated with the June 15, 2012 acquisition of Panther.

	Three Months Ended						Six Months Ended
	June 30						June 30
	2015			2014			2015			2014
	(in thousands)
OPERATING INCOME
Freight Transportation (ABF Freight)	$	28,092		$	22,835		$	28,135		$	10,653
Premium Logistics (Panther)	4,838			4,358			6,033			7,722
Emergency & Preventative Maintenance (FleetNet)	1,017			700			2,187			2,101
Transportation Management (ABF Logistics)	1,808			854			2,583			1,389
Household Goods Moving Services (ABF Moving)	1,997			623			1,634			(218		)
Other and eliminations	(4,286		)	(2,418		)	(5,826		)	(3,397		)

Total consolidated operating income	$	33,466		$	26,952		$	34,746		$	18,250

OTHER INCOME (COSTS)
Interest and dividend income	$	271		$	194		$	505		$	384
Interest and other related financing costs	(1,025		)	(725		)	(2,027		)	(1,533		)
Other, net	197			950			597			1,315

Total other income (costs)	(557		)	419			(925		)	166

INCOME BEFORE INCOME TAXES	$	32,909		$	27,371		$	33,821		$	18,416

	Three Months Ended				Six Months Ended
	June 30				June 30
	2015		2014		2015		2014
	(in thousands)
OPERATING EXPENSES
Salaries, wages, and benefits	$	332,510	$	305,977	$	639,426	$	592,778
Rents, purchased transportation, and other costs of services	200,619		184,179		378,585		348,305
Fuel, supplies, and expenses	78,127		91,291		154,029		180,064
Depreciation and amortization	22,616		21,224		44,848		41,677
Other	28,777		29,023		57,757		55,476

	$	662,649	$	631,694	$	1,274,645	$	1,218,300