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v3.20.1

Consolidated Statements of Operations - USD ($) shares in Thousands, $ in Thousands | 12 Months Ended
--- | ---
Dec. 31, 2019 | Dec. 31, 2018 | Dec. 31, 2017
Revenues |  |  |
Revenue | $ 894,528 | $ 885,455 | $ 705,007
Operating expenses: |  |  |
Salaries, wages, and related expenses | 321,997 | 304,447 | 241,784
Fuel expense | 115,307 | 121,264 | 103,139
Operations and maintenance | 59,505 | 55,505 | 48,774
Revenue equipment rentals and purchased transportation | 204,655 | 183,645 | 141,954
Operating taxes and licenses | 13,024 | 11,831 | 9,878
Insurance and claims | 47,724 | 43,333 | 33,155
Communications and utilities | 6,969 | 7,061 | 6,938
General supplies and expenses | 30,434 | 23,227 | 14,783
Depreciation and amortization, including gains and losses on disposition of property and equipment | 78,879 | 76,156 | 76,447
Total operating expenses | 878,494 | 826,469 | 676,852
Operating income | 16,034 | 58,986 | 28,155
Interest expense, net | 11,110 | 8,708 | 8,258
Income from equity method investment | (7,017) | (7,732) | (3,400)
Income before income taxes | 11,941 | 58,010 | 23,297
Income tax expense (benefit) | 3,464 | 15,507 | (32,142)
Net income | $ 8,477 | $ 42,503 | $ 55,439
Income per share: |  |  |
Basic income per share (in dollars per share) | $ 0.46 | $ 2.32 | $ 3.03
Diluted income per share (in dollars per share) | $ 0.45 | $ 2.30 | $ 3.02
Basic weighted average shares outstanding (in shares) | 18,435 | 18,340 | 18,279
Diluted weighted average shares outstanding (in shares) | 18,635 | 18,469 | 18,372
Cargo and Freight [Member] |  |  |
Revenues |  |  |
Revenue | $ 800,401 | $ 779,729 | $ 626,809
Fuel Surcharge [Member] |  |  |
Revenues |  |  |
Revenue | $ 94,127 | $ 105,726 | $ 78,198

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