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Note 16 - Segment Information

12 Months Ended

Dec. 31, 2017

Notes to Financial Statements

Segment Reporting Disclosure [Text Block]

16.

     SEGMENT INFORMATION

As previously discussed, we have

two

reportable segments, our truckload services or Truckload and Managed Freight, which provides freight brokerage and logistics services. Our Managed Freight consists of several operating segments, which are aggregated du

e to similar margins and customers.  Included in Managed Freight is our accounts receivable factoring business which does

not

meet the aggregation criteria, but only accounts for

$3.1

million of revenue.

The accounting policies of the segments are the same as those described in the summary of significant accounting policies. Substantiall

y all intersegment sales prices are market based. We evaluate performance based on operating income of the respective business units.

"Unallocated Corporate Overhead" includes expenses that are incidental to our activities and are

not

specifically alloca

ted to

one

of the segments.

The following tables summarize our segment information:

		(in thousands)
Year Ended December 31, 201 7		Truckload				Managed Freight				Unallocated Corporate Overhead				Consolidated
Revenue		$	612,834			$	98,182			$	-			$	711,016
Intersegment revenue			-				(6,009	)			-				(6,009	)
Operating income (loss)			38,781				8,588				(19,214	)			28,155
Depreciation and amortization (1)			75,013				24				1,410				76,447
Total assets			557,399				42,479				49,790				649,668
Capital expenditures, net (2 )			70,300				810				896				72,006
Year Ended December 31, 201 6
Revenue		$	601,226			$	73,602			$	-			$	674,828
Intersegment revenue			-				(4,177	)			-				(4,177	)
Operating income (loss)			37,031				7,631				(12,215	)			32,447
Depreciation and amortization (1)			71,173				22				1,261				72,456
Total assets			548,882				31,289				40,367				620,538
Capital expenditures, net (2)			57,242				43				1,767				59,052
Year Ended December 31, 2015
Revenue		$	655,918			$	71,057			$	-			$	726,975
Intersegment revenue			-				(2,735	)			-				(2,735	)
Operating income (loss)			74,107				5,768				(12,093	)			67,782
Depreciation and amortization (1)			60,138				13				1,233				61,384
Total assets			580,506				26,315				39,896				646,717
Capital expenditures, net (2)			147,896				29				1,069				148,994

(1 ) Includes gains and losses on disposition of equipment .

(2 ) Includes equipment purchased under capital leases.

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- References

No definition available.

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X

- Definition

The entire disclosure for reporting segments including data and tables. Reportable segments include those that meet any of the following quantitative thresholds a) it's reported revenue, including sales to external customers and intersegment sales or transfers is 10 percent or more of the combined revenue, internal and external, of all operating segments b) the absolute amount of its reported profit or loss is 10 percent or more of the greater, in absolute amount of 1) the combined reported profit of all operating segments that did not report a loss or 2) the combined reported loss of all operating segments that did report a loss c) its assets are 10 percent or more of the combined assets of all operating segments.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-URI http://asc.fasb.org/topic&trid=2134510

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