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Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2023
Sep. 30, 2022
Sep. 30, 2023
Sep. 30, 2022
OPERATING REVENUES:        
Operating revenues $ 201,502 $ 252,630 $ 630,639 $ 709,246
OPERATING EXPENSES AND COSTS:        
Salaries, wages and benefits 46,032 50,847 142,138 133,069
Operating supplies and expenses 42,378 48,071 123,589 123,156
Rent and purchased transportation 78,595 93,501 244,020 273,521
Depreciation 15,552 16,289 47,805 46,647
Insurance and claims 5,146 5,149 25,205 19,281
Other 5,305 4,579 17,936 12,712
Gain on disposition of equipment (339) (1,301) (1,175) (2,662)
Total operating expenses and costs 192,669 217,135 599,518 605,724
OPERATING INCOME 8,833 35,495 31,121 103,522
NON-OPERATING INCOME/(EXPENSE) 1,638 (1,886) 3,729 (2,829)
INTEREST EXPENSE (2,046) (1,922) (6,565) (5,587)
INCOME BEFORE INCOME TAXES 8,425 31,687 28,285 95,106
FEDERAL AND STATE INCOME TAX EXPENSE:        
Current (2,313) 4,462 1,667 10,193
Deferred 4,641 2,659 5,970 12,223
Total federal and state income tax expense 2,328 7,121 7,637 22,416
Net income $ 6,097 $ 24,566 $ 20,648 $ 72,690
INCOME PER COMMON SHARE:        
Basic (in dollars per share) $ 0.28 $ 1.10 $ 0.94 $ 3.26
Diluted (in dollars per share) $ 0.28 $ 1.09 $ 0.93 $ 3.24
AVERAGE COMMON SHARES OUTSTANDING:        
Basic (in shares) 22,021 22,263 22,068 22,276
Diluted (in shares) 22,139 22,440 22,219 22,468
Freight Transportation Service [Member]        
OPERATING REVENUES:        
Operating revenues $ 174,348 $ 216,475 $ 549,885 $ 615,303
Fuel Surcharge [Member]        
OPERATING REVENUES:        
Operating revenues $ 27,154 $ 36,155 $ 80,754 $ 93,943