XML 15 R4.htm IDEA: XBRL DOCUMENT v3.19.1
Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
 3 Months Ended
Mar. 31, 2019
Mar. 31, 2018
OPERATING REVENUES:    
Operating revenues $ 128,686 $ 119,458
OPERATING EXPENSES AND COSTS:    
Salaries, wages and benefits 31,063 28,639
Operating supplies and expenses 23,512 22,671
Rent and purchased transportation 44,554 45,917
Depreciation 13,187 11,623
Insurance and claims 4,114 4,268
Other 2,994 2,581
(Gain)/loss on disposition of equipment (425) 3
Total operating expenses and costs 118,999 115,702
OPERATING INCOME 9,687 3,756
NON-OPERATING INCOME/(EXPENSE) 3,472 (879)
INTEREST EXPENSE (2,040) (1,160)
INCOME BEFORE INCOME TAXES 11,119 1,717
FEDERAL AND STATE INCOME TAX EXPENSE:    
Current 89 35
Deferred 2,729 295
Total federal and state income tax expense 2,818 330
NET INCOME $ 8,301 $ 1,387
INCOME PER COMMON SHARE:    
Basic (in dollars per share) $ 1.40 $ 0.22
Diluted (in dollars per share) $ 1.39 $ 0.22
AVERAGE COMMON SHARES OUTSTANDING:    
Basic (in shares) 5,921 6,168
Diluted (in shares) 5,985 6,264
Freight Transportation Service [Member]    
OPERATING REVENUES:    
Operating revenues $ 110,345 $ 99,104
Fuel Surcharge [Member]    
OPERATING REVENUES:    
Operating revenues $ 18,341 $ 20,354