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Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2021
Jun. 30, 2020
Jun. 30, 2021
Jun. 30, 2020
Revenues        
Total revenue $ 256,324 $ 191,689 $ 477,213 $ 402,502
Operating expenses:        
Salaries, wages, and related expenses 88,477 74,688 171,062 157,152
Fuel expense 26,372 15,938 49,194 41,202
Operations and maintenance 14,294 12,218 29,013 25,044
Revenue equipment rentals and purchased transportation 75,455 47,011 132,691 93,073
Operating taxes and licenses 2,960 3,123 5,545 6,576
Insurance and claims 9,577 11,562 17,415 27,174
Communications and utilities 1,130 1,782 2,377 3,351
General supplies and expenses 7,752 11,536 15,934 19,894
Depreciation and amortization 13,863 19,663 27,951 37,846
Gain on disposition of property and equipment, net (1,888) (3,451) (2,812) (4,975)
Impairment of long-lived property and equipment 0 26,569 0 26,569
Total operating expenses 237,992 220,639 448,370 432,906
Operating income (loss) 18,332 (28,950) 28,843 (30,404)
Interest expense, net 708 2,084 1,450 3,983
Income (loss) from equity method investment 3,382 530 6,342 (205)
Income (loss) before income taxes 21,006 (30,504) 33,735 (34,592)
Income tax expense (benefit) 5,570 (7,336) 9,716 (8,340)
Income (loss) from continuing operations, net of tax 15,436 (23,168) 24,019 (26,252)
(Loss) income from discontinued operations, net of tax (19) 825 2,540 1,696
Net income (loss) $ 15,417 $ (22,343) $ 26,559 $ (24,556)
Basic income (loss) per share:        
Income (loss) from continuing operations (in dollars per share) $ 0.92 $ (1.36) $ 1.42 $ (1.49)
Income from discontinued operations (in dollars per share) 0 0.05 0.15 0.10
Net income (loss) (1) (in dollars per share) [1] 0.92 (1.31) 1.58 (1.40)
Diluted income (loss) per share:        
Income (loss) per diluted share from continuing operations (in dollars per share) 0.91 (1.36) 1.41 (1.49)
Income from discontinued operations (in dollars per share) 0 0.05 0.15 0.10
Net income (loss) (1) (in dollars per share) [1] $ 0.91 $ (1.31) $ 1.56 $ (1.40)
Basic weighted average shares outstanding (in shares) 16,765 17,089 16,858 17,584
Diluted weighted average shares outstanding (in shares) 17,022 17,089 17,052 17,584
Cargo and Freight [Member]        
Revenues        
Total revenue $ 231,948 $ 179,564 $ 432,636 $ 369,145
Fuel Surcharge [Member]        
Revenues        
Total revenue $ 24,376 $ 12,125 $ 44,577 $ 33,357
[1] Sum of the individual amounts may not add due to rounding.