XML 33 R4.htm IDEA: XBRL DOCUMENT v2.4.0.8
Consolidated Condensed Statements of Operations (Unaudited) (USD $)
In Thousands, except Per Share data, unless otherwise specified
 3 Months Ended
Mar. 31, 2014
Mar. 31, 2013
OPERATING REVENUE $ 159,409 $ 164,474
OPERATING EXPENSES (INCOME):    
Salaries, wages and benefits 43,732 42,125
Purchased transportation 28,130 34,184
Fuel and fuel taxes 39,826 40,323
Supplies and maintenance 10,435 9,533
Depreciation 16,371 15,688
Operating taxes and licenses 1,713 1,770
Insurance and claims 6,125 5,811
Communications and utilities 1,433 1,283
Gain on disposition of revenue equipment (663) (2,415)
Other 3,667 3,634
Total operating expenses 150,769 151,936
OPERATING INCOME 8,640 12,538
OTHER (98) (15)
INCOME BEFORE INCOME TAXES 8,738 12,553
Less: Income before income taxes attributable to noncontrolling interest   84
INCOME BEFORE INCOME TAXES ATTRIBUTABLE TO MARTEN TRANSPORT, LTD. 8,738 12,469
PROVISION FOR INCOME TAXES 3,451 5,267
NET INCOME $ 5,287 $ 7,202
BASIC EARNINGS PER COMMON SHARE (in Dollars per share) $ 0.16 $ 0.22
DILUTED EARNINGS PER COMMON SHARE (in Dollars per share) $ 0.16 $ 0.22
DIVIDENDS DECLARED PER COMMON SHARE (in Dollars per share) $ 0.025 $ 0.017