XML 42 R24.htm IDEA: XBRL DOCUMENT
v3.19.1

Note 16 - Segment Information | 12 Months Ended
--- | ---
Dec. 31, 2018
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 offer freight brokerage, transportation management services, and shuttle and switching services. Included within Managed Freight are our accounts receivable factoring and warehousing businesses, which do not meet the aggregation criteria, but only accounted for $5.0 million and $23.6 million of our revenue, respectively, for the year ended December 31, 2018 . Included in Truckload and Managed Freight revenue during the year ended December 31, 2018 is $3.9 million and $0.9 million , respectively, classified as lease revenue resulting from embedded leases for certain tractors and warehouse space. The accounting policies of the segments are the same as those described in the summary of significant accounting policies. Substantially all intersegment sales prices are market based. We evaluate performance based on operating income of the respective business units. The following tables summarize our segment information:
|  | (in thousands) |
Year Ended December 31, 2018 |  | Truckload |  |  | Managed Freight |  |  | Consolidated |
Revenue |  | $ | 727,046 |  |  | $ | 165,707 |  |  | $ | 892,753 |
Intersegment revenue |  |  | - |  |  |  | (7,298 | ) |  |  | (7,298 | )
Operating income |  |  | 45,392 |  |  |  | 13,594 |  |  |  | 58,986 |
Depreciation and amortization (1) |  |  | 75,446 |  |  |  | 710 |  |  |  | 76,156 |
Total assets |  |  | 699,266 |  |  |  | 74,258 |  |  |  | 773,524 |
Capital expenditures, net |  |  | (12,864 | ) |  |  | (591 | ) |  |  | (13,455 | )
Year Ended December 31, 2017 |  |  |  |  |  |  |  |  |  |  |  |
Revenue |  | $ | 612,834 |  |  | $ | 98,182 |  |  | $ | 711,016 |
Intersegment revenue |  |  | - |  |  |  | (6,009 | ) |  |  | (6,009 | )
Operating income |  |  | 19,567 |  |  |  | 8,588 |  |  |  | 28,155 |
Depreciation and amortization (1) |  |  | 76,423 |  |  |  | 24 |  |  |  | 76,447 |
Total assets |  |  | 607,189 |  |  |  | 42,479 |  |  |  | 649,668 |
Capital expenditures, net (2) |  |  | 71,196 |  |  |  | 810 |  |  |  | 72,006 |
Year Ended December 31, 2016 |  |  |  |  |  |  |  |  |  |  |  |
Revenue |  | $ | 601,226 |  |  | $ | 73,602 |  |  | $ | 674,828 |
Intersegment revenue |  |  | - |  |  |  | (4,177 | ) |  |  | (4,177 | )
Operating income |  |  | 24,816 |  |  |  | 7,631 |  |  |  | 32,447 |
Depreciation and amortization (1) |  |  | 72,434 |  |  |  | 22 |  |  |  | 72,456 |
Total assets |  |  | 589,249 |  |  |  | 31,289 |  |  |  | 620,538 |
Capital expenditures, net (2) |  |  | 59,009 |  |  |  | 43 |  |  |  | 59,052 |
| ( 1 ) | Includes gains and losses on disposition of equipment.
| ( 2 ) | Includes equipment purchased under capital leases.

X
- References No definition available. + Details
Name: | us-gaap_DisclosureTextBlockAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

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://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -URI http://asc.fasb.org/topic&trid=2134510 + Details
Name: | us-gaap_SegmentReportingDisclosureTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration