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v3.10.0.1

Condensed Consolidated Statements of Operations (Unaudited) - USD ($) shares in Thousands, $ in Thousands | 3 Months Ended | 9 Months Ended
--- | --- | ---
Sep. 30, 2018 | Sep. 30, 2017 | Sep. 30, 2018 | Sep. 30, 2017
Revenue: |  |  |  |
Total revenue | $ 243,303 | $ 178,631 | $ 613,187 | $ 501,701
Operating expenses: |  |  |  |
Salaries, wages, and related expenses | 86,249 | 60,732 | 211,621 | 178,639
Fuel expense | 33,428 | 25,998 | 89,817 | 76,310
Operations and maintenance | 16,457 | 13,046 | 40,783 | 37,504
Revenue equipment rentals and purchased transportation | 47,445 | 36,361 | 115,525 | 90,719
Operating taxes and licenses | 3,377 | 2,364 | 8,649 | 7,197
Insurance and claims | 12,675 | 7,681 | 31,269 | 24,313
Communications and utilities | 1,810 | 1,747 | 5,216 | 5,081
General supplies and expenses | 6,391 | 3,729 | 16,833 | 10,919
Depreciation and amortization, including gains and losses on disposition of property and equipment | 19,290 | 17,932 | 56,803 | 57,707
Total operating expenses | 227,122 | 169,590 | 576,516 | 488,389
Operating income | 16,181 | 9,041 | 36,671 | 13,312
Interest expense, net | 2,460 | 2,174 | 6,360 | 6,216
Income from equity method investment | (2,142) | (750) | (5,407) | (2,575)
Income before income taxes | 15,863 | 7,617 | 35,718 | 9,671
Income tax expense | 4,249 | 2,985 | 9,716 | 3,530
Net income | $ 11,614 | $ 4,632 | $ 26,002 | $ 6,141
Income per share: |  |  |  |
Basic net income per share (in dollars per share) | $ 0.63 | $ 0.25 | $ 1.42 | $ 0.34
Diluted net income per share (in dollars per share) | $ 0.63 | $ 0.25 | $ 1.41 | $ 0.33
Basic weighted average shares outstanding (in shares) | 18,343 | 18,288 | 18,337 | 18,275
Diluted weighted average shares outstanding (in shares) | 18,497 | 18,404 | 18,448 | 18,366
Cargo and Freight [Member] |  |  |  |
Revenue: |  |  |  |
Total revenue | $ 214,623 | $ 159,500 | $ 535,721 | $ 445,212
Fuel Surcharge [Member] |  |  |  |
Revenue: |  |  |  |
Total revenue | $ 28,680 | $ 19,131 | $ 77,466 | $ 56,489

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