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Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2021
Sep. 30, 2020
Sep. 30, 2021
Sep. 30, 2020
Revenues        
Total revenue $ 274,561 $ 210,830 $ 751,775 $ 613,333
Operating expenses:        
Salaries, wages, and related expenses 87,547 78,812 258,609 235,964
Fuel expense 26,174 18,061 75,368 59,264
Operations and maintenance 14,933 11,912 43,946 36,956
Revenue equipment rentals and purchased transportation 92,636 58,604 225,328 151,677
Operating taxes and licenses 2,687 2,979 8,232 9,555
Insurance and claims 11,023 13,317 28,437 40,491
Communications and utilities 947 1,306 3,325 4,657
General supplies and expenses 6,037 7,673 21,972 27,568
Depreciation and amortization 13,365 13,428 41,316 51,274
Gain on disposition of property and equipment, net (871) (2,073) (3,683) (7,048)
Impairment of long-lived property and equipment 0 0 0 26,569
Total operating expenses 254,478 204,019 702,850 636,927
Operating income (loss) 20,083 6,811 48,925 (23,594)
Interest expense, net 724 1,935 2,175 5,917
Income from equity method investment (3,230) (1,176) (9,572) (971)
Income (loss) before income taxes 22,589 6,052 56,322 (28,540)
Income tax expense (benefit) 6,147 1,339 15,863 (7,000)
Income (loss) from continuing operations, net of tax 16,442 4,713 40,459 (21,540)
Income from discontinued operations, net of tax 0 2,788 2,540 4,485
Net income (loss) $ 16,442 $ 7,501 $ 42,999 $ (17,055)
Basic income (loss) per share:        
Income (loss) from continuing operations (in dollars per share) $ 0.98 $ 0.28 $ 2.40 $ (1.24)
Income from discontinued operations (in dollars per share) 0 0.16 0.15 0.26
Net income (loss) (1) (in dollars per share) [1] 0.98 0.44 2.55 (0.98)
Diluted income (loss) per share:        
Income (loss) per diluted share from continuing operations (in dollars per share) 0.97 0.27 2.37 (1.24)
Income from discontinued operations (in dollars per share) 0 0.16 0.15 0.26
Net income (loss) (1) (in dollars per share) [1] $ 0.97 $ 0.43 $ 2.52 $ (0.98)
Basic weighted average shares outstanding (in shares) 16,782 17,134 16,832 17,435
Diluted weighted average shares outstanding (in shares) 16,975 17,267 17,041 17,435
Cargo and Freight [Member]        
Revenues        
Total revenue $ 250,255 $ 196,217 $ 682,891 $ 565,362
Fuel Surcharge [Member]        
Revenues        
Total revenue $ 24,306 $ 14,613 $ 68,884 $ 47,971
[1] Sum of the individual amounts may not add due to rounding.