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OPERATING SEGMENT DATA (Tables) | 12 Months Ended
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Dec. 31, 2017
OPERATING SEGMENT DATA |
Schedule of reportable operating segment information | The following table reflects reportable operating segment information for the years ended December 31:
|  | 2017 |  | 2016(1) |  | 2015(1) |
|  | (in thousands) |
REVENUES |  |  |  |  |  |  |  |  |  |
Asset-Based |  | $ | 1,993,314 |  | $ | 1,916,394 |  | $ | 1,916,579 |
ArcBest(2) |  |  | 706,698 |  |  | 640,734 |  |  | 590,436 |
FleetNet |  |  | 156,341 |  |  | 162,629 |  |  | 174,952 |
Other and eliminations |  |  | (29,896) |  |  | (19,538) |  |  | (15,062) |
Total consolidated revenues |  | $ | 2,826,457 |  | $ | 2,700,219 |  | $ | 2,666,905 |
OPERATING EXPENSES |  |  |  |  |  |  |  |  |  |
Asset-Based |  |  |  |  |  |  |  |  |  |
Salaries, wages, and benefits |  | $ | 1,125,186 |  | $ | 1,103,883 |  | $ | 1,063,016 |
Fuel, supplies, and expenses |  |  | 234,006 |  |  | 216,263 |  |  | 244,772 |
Operating taxes and licenses |  |  | 47,767 |  |  | 48,180 |  |  | 48,726 |
Insurance |  |  | 30,761 |  |  | 29,178 |  |  | 28,591 |
Communications and utilities |  |  | 17,373 |  |  | 16,181 |  |  | 14,158 |
Depreciation and amortization |  |  | 82,507 |  |  | 80,331 |  |  | 71,320 |
Rents and purchased transportation |  |  | 206,457 |  |  | 198,594 |  |  | 196,560 |
Shared services(1) |  |  | 186,406 |  |  | 184,817 |  |  | 180,478 |
Gain on sale of property and equipment |  |  | (695) |  |  | (2,979) |  |  | (1,734) |
Nonunion pension expense, including settlement(3) |  |  | 4,799 |  |  | 2,313 |  |  | 1,832 |
Other |  |  | 6,525 |  |  | 4,889 |  |  | 6,424 |
Restructuring costs(4) |  |  | 344 |  |  | 1,173 |  |  | — |
Total Asset-Based |  |  | 1,941,436 |  |  | 1,882,823 |  |  | 1,854,143 |
ArcBest(2) |  |  |  |  |  |  |  |  |  |
Purchased transportation |  |  | 563,497 |  |  | 502,159 |  |  | 460,172 |
Supplies and expenses |  |  | 15,087 |  |  | 13,145 |  |  | 11,689 |
Depreciation and amortization |  |  | 13,090 |  |  | 13,612 |  |  | 12,886 |
Shared services(1) |  |  | 84,159 |  |  | 85,238 |  |  | 73,890 |
Other |  |  | 11,189 |  |  | 11,678 |  |  | 11,007 |
Restructuring costs(4) |  |  | 875 |  |  | 8,038 |  |  | — |
Total ArcBest |  |  | 687,897 |  |  | 633,870 |  |  | 569,644 |
FleetNet |  |  | 153,017 |  |  | 160,204 |  |  | 171,998 |
Other and eliminations |  |  | (9,403) |  |  | (5,648) |  |  | (4,376) |
Total consolidated operating expenses(3) |  | $ | 2,772,947 |  | $ | 2,671,249 |  | $ | 2,591,409 |
OPERATING INCOME |  |  |  |  |  |  |  |  |  |
Asset-Based |  | $ | 51,878 |  | $ | 33,571 |  | $ | 62,436 |
ArcBest(2) |  |  | 18,801 |  |  | 6,864 |  |  | 20,792 |
FleetNet |  |  | 3,324 |  |  | 2,425 |  |  | 2,954 |
Other and eliminations |  |  | (20,493) |  |  | (13,890) |  |  | (10,686) |
Total consolidated operating income |  | $ | 53,510 |  | $ | 28,970 |  | $ | 75,496 |
OTHER INCOME (COSTS) |  |  |  |  |  |  |  |  |  |
Interest and dividend income |  | $ | 1,293 |  | $ | 1,523 |  | $ | 1,284 |
Interest and other related financing costs |  |  | (6,342) |  |  | (5,150) |  |  | (4,400) |
Other, net(5) |  |  | 3,115 |  |  | 2,944 |  |  | 354 |
Total other income (costs) |  |  | (1,934) |  |  | (683) |  |  | (2,762) |
INCOME BEFORE INCOME TAXES |  | $ | 51,576 |  | $ | 28,287 |  | $ | 72,734 |
| (1) |  | Certain reclassifications have been made to the prior year’s operating segment data to conform to the current year presentation, reflecting the modified presentation of segment expenses allocated from shared services as previously discussed in this Note.
| (2) |  | The 2016 and 2017 periods include the operations of LDS since the September 2, 2016 acquisition date and the operations of Bear, which was acquired in December 2015.
| (3) |  | For the year ended December 31, 2017, 2016, and 2015, nonunion pension expense, including settlement, (pre-tax) totaled $6.1 million, $3.1 million, and $2.4 million, respectively, on a consolidated basis, of which $4.8 million, $2.3 million, and $1.8 million, respectively, was reported by the Asset-Based segment.
| (4) |  | Restructuring costs relate to the realignment of the Company’s corporate structure previously discussed in this Note.
| (5) |  | Includes proceeds and changes in cash surrender value of life insurance policies.
The following table provides capital expenditure and depreciation and amortization information by reportable operating segment:
|  | For the year ended December 31
|  | 2017 |  | 2016(1) |  | 2015(1)
|  | (in thousands)
CAPITAL EXPENDITURES, GROSS |  |  |  |  |  |  |  |  |
Asset-Based(3) |  | $ | 112,751 |  | $ | 110,170 |  | $ | 122,542
ArcBest |  |  | 9,823 |  |  | 6,154 |  |  | 24,219
FleetNet |  |  | 1,089 |  |  | 403 |  |  | 1,007
Other and eliminations(2) |  |  | 26,288 |  |  | 34,910 |  |  | 11,249
|  | $ | 149,951 |  | $ | 151,637 |  | $ | 159,017
|  | For the year ended December 31
|  | 2017 |  | 2016(1) |  | 2015(1)
|  | (in thousands)
DEPRECIATION AND AMORTIZATION EXPENSE(2) |  |  |  |  |  |  |  |  |
Asset-Based |  | $ | 82,507 |  | $ | 80,331 |  | $ | 71,320
ArcBest(4) |  |  | 13,090 |  |  | 13,612 |  |  | 12,886
FleetNet(5) |  |  | 1,089 |  |  | 1,210 |  |  | 1,119
Other and eliminations(2) |  |  | 6,382 |  |  | 7,900 |  |  | 7,717
|  | $ | 103,068 |  | $ | 103,053 |  | $ | 93,042
| (1) |  | Certain reclassifications have been made to the prior year’s operating segment data to conform to the current year presentation, reflecting the modified presentation of segment expenses allocated from shared services as previously discussed in this Note.
| (2) |  | Other and eliminations includes certain assets held for the benefit of multiple segments, including information systems equipment. Depreciation and amortization associated with these assets is allocated to the reporting segments. Depreciation and amortization expense includes amortization of internally developed capitalized software which has not been included in gross capital expenditures presented in the table.
| (3) |  | Includes assets acquired through notes payable and capital leases of $84.2 million in 2017, $83.4 million in 2016, and $80.6 million in 2015.
| (4) |  | Includes amortization of intangibles of $4.3 million, $4.0 million, and $3.7 million in 2017, 2016, and 2015, respectively.
| (5) |  | Includes amortization of intangibles which totaled $0.2 million, $0.3 million, and $0.3 million in 2017, 2016, and 2015, respectively.
A table of assets by reportable operating segment has not been presented as segment assets are not included in reports regularly provided to management nor does management consider segment assets for assessing segment operating performance or allocating resources. The following table presents operating expenses by category on a consolidated basis:
|  | For the year ended December 31 |
|  | 2017 |  | 2016 |  | 2015 |
|  | (in thousands) |
OPERATING EXPENSES |  |  |  |  |  |  |  |  |  |
Salaries, wages, and benefits |  | $ | 1,367,433 |  | $ | 1,345,672 |  | $ | 1,297,129 |
Rents, purchased transportation, and other costs of services |  |  | 869,584 |  |  | 823,683 |  |  | 790,612 |
Fuel, supplies, and expenses |  |  | 304,126 |  |  | 270,138 |  |  | 292,039 |
Depreciation and amortization(1) |  |  | 103,068 |  |  | 103,053 |  |  | 93,042 |
Other |  |  | 125,773 |  |  | 118,390 |  |  | 118,587 |
Restructuring(2) |  |  | 2,963 |  |  | 10,313 |  |  | — |
|  | $ | 2,772,947 |  | $ | 2,671,249 |  | $ | 2,591,409 |
| (1) |  | Includes amortization of intangible assets.
| (2) |  | Restructuring costs relate to the realignment of the Company’s corporate structure previously discussed in this Note.

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- 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
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