XML 18 R4.htm IDEA: XBRL DOCUMENT v3.19.1
Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
 12 Months Ended
Dec. 31, 2018
Dec. 31, 2017
Dec. 31, 2016
OPERATING REVENUES:      
Operating revenues $ 533,261 $ 437,838 $ 432,852
OPERATING EXPENSES AND COSTS:      
Salaries, wages and benefits 119,819 102,227 112,235
Operating supplies and expenses 93,130 79,505 82,993
Rents and purchased transportation 201,455 174,477 158,298
Depreciation 49,387 42,274 39,114
Insurance and claims 17,191 17,484 16,632
Other 11,983 9,249 8,352
Gain on disposition of equipment (1,306) (58) (4,700)
Total operating expenses and costs 491,659 425,158 412,924
OPERATING INCOME 41,602 12,680 19,928
NON-OPERATING (EXPENSE) INCOME (4,016) 5,853 1,485
INTEREST EXPENSE (6,245) (3,902) (3,641)
INCOME BEFORE INCOME TAXES 31,341 14,631 17,772
FEDERAL & STATE INCOME TAX EXPENSE (BENEFIT):      
Current 141 362 13
Deferred 7,206 (24,630) 6,658
Total federal & state income tax expense (benefit) 7,347 (24,268) 6,671
NET INCOME $ 23,994 $ 38,899 $ 11,101
EARNINGS PER COMMON SHARE:      
Basic (in dollars per share) $ 3.94 $ 6.14 $ 1.68
Diluted (in dollars per share) $ 3.90 $ 6.08 $ 1.67
AVERAGE COMMON SHARES OUTSTANDING:      
Basic (in shares) 6,083 6,331 6,627
Diluted (in shares) 6,159 6,398 6,649
Freight Transportation Service [Member]      
OPERATING REVENUES:      
Operating revenues $ 445,855 $ 373,523 $ 382,737
Fuel Surcharge [Member]      
OPERATING REVENUES:      
Operating revenues $ 87,406 $ 64,315 $ 50,115