XML 21 R12.htm IDEA: XBRL DOCUMENT v3.23.3
Note F - Segment Information
9 Months Ended
Sep. 30, 2023
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 have similar economic characteristics and can be aggregated into a single reportable 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,

 
  

2023

  

2022

  

2023

  

2022

 
  

Amount

  

%

  

Amount

  

%

  

Amount

  

%

  

Amount

  

%

 
  

(in thousands)

 
                                 

Truckload Services revenue

 $112,257   64.4  $144,982   67.0  $357,681   65.1  $404,658   65.8 

Brokerage and Logistics Services revenue

  62,091   35.6   71,493   33.0   192,204   34.9   210,645   34.2 

Total revenues

 $174,348   100.0  $216,475   100.0  $549,885   100.0  $615,303   100.0