XML 21 R12.htm IDEA: XBRL DOCUMENT

Note F - Segment Information

9 Months Ended

Sep. 30, 2022

Notes to Financial Statements

Segment Reporting and Concentration Risk Disclosure [Text Block]

NOTE F: SEGMENT INFORMATION

The Company follows the guidance provided by ASC Topic 280, Segment Reporting, in its identification of operating segments. The Company has determined that it has a total of two operating segments whose primary operations can be characterized as either Truckload Services or Brokerage and Logistics Services; however, in accordance with the aggregation criteria provided by FASB ASC Topic 280, the Company has determined that the operations of the two operating segments can be aggregated into a single reporting segment, Motor Carrier Operations. Truckload Services revenues and Brokerage and Logistics Services revenues, each before fuel surcharges, were as follows:

		Three Months Ended September 30,																Nine Months Ended September 30,
		2022								2021								2022								2021
		Amount				%				Amount				%				Amount				%				Amount				%
		(in thousands)

Truckload Services revenue		$	144,982				67.0			$	110,436				66.4			$	404,658				65.8			$	298,835				66.9
Brokerage and Logistics Services revenue			71,493				33.0				55,895				33.6				210,645				34.2				147,812				33.1
Total revenues		$	216,475				100.0			$	166,331				100.0			$	615,303				100.0			$	446,647				100.0

These segment results include of the results of the truckload services and brokerage operations acquired from Metropolitan Trucking, Inc., and related subsidiaries in the business combination discussed in Note P to the condensed consolidated financial statements.