XML 43 R29.htm IDEA: XBRL DOCUMENT
v3.23.1

OPERATING SEGMENT DATA (Tables) | 3 Months Ended
--- | ---
Mar. 31, 2023
OPERATING SEGMENT DATA |
Schedule of reportable operating segment information from continuing operations | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Three Months Ended March 31 | ​
​ |  | 2023 |  | 2022 |
​ | ​ | (in thousands) | ​
REVENUES FROM CONTINUING OPERATIONS | ​ | ​ | ​ | ​ | ​ | ​ | ​
Asset-Based | ​ | $ | 697,817 | ​ | $ | 705,311 |
Asset-Light | ​ |  | 438,092 | ​ |  | 595,284 | ​
Other and eliminations | ​ |  | (29,815) | ​ |  | (32,504) | ​
Total consolidated revenues |  | $ | 1,106,094 |  | $ | 1,268,091 |
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
OPERATING EXPENSES FROM CONTINUING OPERATIONS | ​ | ​ | ​ | ​ | ​ | ​ | ​
Asset-Based | ​ | ​ | ​ | ​ | ​ | ​ | ​
Salaries, wages, and benefits | ​ | $ | 335,605 | ​ | $ | 313,497 |
Fuel, supplies, and expenses | ​ |  | 94,288 | ​ |  | 84,831 | ​
Operating taxes and licenses | ​ |  | 13,979 | ​ |  | 12,493 | ​
Insurance | ​ |  | 13,273 | ​ |  | 10,431 | ​
Communications and utilities | ​ |  | 5,304 | ​ |  | 4,687 | ​
Depreciation and amortization | ​ |  | 24,911 | ​ |  | 24,305 | ​
Rents and purchased transportation | ​ |  | 90,744 | ​ |  | 102,985 | ​
Shared services | ​ | ​ | 64,613 | ​ | ​ | 67,150 | ​
Gain on sale of property and equipment | ​ |  | (51) | ​ |  | (2,695) | ​
Innovative technology costs(1) | ​ |  | 6,068 | ​ |  | 6,960 | ​
Other | ​ |  | 1,612 | ​ |  | 633 | ​
Total Asset-Based | ​ |  | 650,346 | ​ |  | 625,277 | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Asset-Light | ​ | ​ | ​ | ​ | ​ | ​ | ​
Purchased transportation | ​ |  | 370,163 | ​ |  | 508,380 | ​
Supplies and expenses | ​ |  | 4,072 | ​ |  | 3,266 | ​
Depreciation and amortization(2) | ​ |  | 5,068 | ​ |  | 5,180 | ​
Shared services | ​ | ​ | 51,429 | ​ | ​ | 50,197 | ​
Contingent consideration(3) | ​ | ​ | 15,040 | ​ | ​ | 810 | ​
Other | ​ | ​ | 6,411 | ​ |  | 6,335 | ​
Total Asset-Light | ​ |  | 452,183 | ​ |  | 574,168 | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Other and eliminations | ​ |  | (17,594) | ​ |  | (24,297) |
Total consolidated operating expenses | ​ | $ | 1,084,935 | ​ | $ | 1,175,148 | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
OPERATING INCOME FROM CONTINUING OPERATIONS | ​ | ​ | ​ | ​ | ​ | ​ | ​
Asset-Based | ​ | $ | 47,471 | ​ | $ | 80,034 | ​
Asset-Light | ​ |  | (14,091) | ​ |  | 21,116 | ​
Other and eliminations | ​ |  | (12,221) | ​ |  | (8,207) | ​
Total consolidated operating income | ​ | $ | 21,159 | ​ | $ | 92,943 | ​
OTHER INCOME (COSTS) FROM CONTINUING OPERATIONS | ​ | ​ | ​ | ​ | ​ | ​ | ​
Interest and dividend income | ​ | $ | 2,933 | ​ | $ | 99 | ​
Interest and other related financing costs | ​ |  | (2,327) | ​ |  | (1,940) | ​
Other, net(4) | ​ |  | 1,780 | ​ |  | (826) | ​
Total other income (costs) | ​ |  | 2,386 | ​ |  | (2,667) | ​
INCOME FROM CONTINUING OPERATIONS BEFORE INCOME TAXES | ​ | $ | 23,545 | ​ | $ | 90,276 | ​
(1) | Represents costs associated with the freight handling pilot test program at ABF Freight.
(2) | Depreciation and amortization includes amortization of intangibles associated with acquired businesses.
(3) | Represents the increase in fair value of the contingent earnout consideration related to the MoLo acquisition (see Note B).
(4) | Includes the components of net periodic benefit cost (credit) other than service cost related to the Company’s SBP and postretirement plans and proceeds and changes in cash surrender value of life insurance policies.
​
Schedule of revenues from customers and intersegment revenues | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ |  | Three Months Ended March 31 | ​
​ |  | 2023 |  | 2022 |
​ | ​ | (in thousands) | ​
Revenues from customers | ​ | ​ | ​ | ​ | ​ | ​ | ​
Asset-Based | ​ | $ | 669,220 | ​ | $ | 675,518 |
Asset-Light | ​ |  | 436,033 | ​ |  | 591,722 | ​
Other | ​ |  | 841 | ​ |  | 851 | ​
Total consolidated revenues |  | $ | 1,106,094 |  | $ | 1,268,091 |
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Intersegment revenues | ​ | ​ | ​ | ​ | ​ | ​ | ​
Asset-Based | ​ | $ | 28,597 | ​ | $ | 29,793 | ​
Asset-Light | ​ | ​ | 2,059 | ​ | ​ | 3,562 | ​
Other and eliminations | ​ | ​ | (30,656) | ​ | ​ | (33,355) | ​
Total intersegment revenues | ​ | $ | — |  | $ | — |
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Total segment revenues | ​ | ​ | ​ | ​ | ​ | ​ | ​
Asset-Based | ​ | $ | 697,817 | ​ | $ | 705,311 | ​
Asset-Light | ​ | ​ | 438,092 | ​ | ​ | 595,284 | ​
Other and eliminations | ​ | ​ | (29,815) | ​ | ​ | (32,504) | ​
Total consolidated revenues | ​ | $ | 1,106,094 | ​ | $ | 1,268,091 | ​
​ ​
Schedule of consolidated operating expenses by component | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ |  | Three Months Ended March 31 | ​
​ |  | 2023 |  | 2022 |
​ |  | (in thousands)
OPERATING EXPENSES | ​ | ​ | ​ | ​ | ​ | ​ | ​
Salaries, wages, and benefits | ​ | $ | 436,982 | ​ | $ | 414,905 | ​
Rents, purchased transportation, and other costs of services | ​ |  | 429,605 | ​ |  | 577,849 | ​
Fuel, supplies, and expenses | ​ |  | 122,618 | ​ |  | 110,359 | ​
Depreciation and amortization(1) | ​ |  | 35,010 | ​ |  | 34,396 | ​
Contingent consideration(2) | ​ | ​ | 15,040 | ​ | ​ | 810 | ​
Other | ​ |  | 45,680 | ​ |  | 36,829 | ​
​ | ​ | $ | 1,084,935 | ​ | $ | 1,175,148 | ​
(1) | Includes amortization of intangible assets.
(2) | Represents the increase in fair value of the contingent earnout consideration related to the MoLo acquisition (see Note B).

X
- Definition Tabular disclosure of each detailed component of consolidated operating expenses. + References No definition available. + Details
Name: | arcb_ScheduleOfOperatingExpenseByComponentTableTextBlock
Namespace Prefix: | arcb_
Data Type: | dtr-types: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://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 31 -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8924-108599 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -Subparagraph (a) -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8906-108599 + Details
Name: | us-gaap_ReconciliationOfRevenueFromSegmentsToConsolidatedTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types: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://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8736-108599 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 25 -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8813-108599 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 1 -URI https://asc.fasb.org/extlink&oid=121556970&loc=d3e13816-109267 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8906-108599 + Details
Name: | us-gaap_ScheduleOfSegmentReportingInformationBySegmentTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types: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