Segment Reporting (Tables)

12 Months Ended

Dec. 31, 2012

Our gross revenues, expenses, and total assets by segment as of and for the years ended December 31, 2012 and 2011 are summarized below:

2012	Transportation Services		Agent Support Services		Total

Gross revenues	$	276,198,000	$	1,973,000	$	278,171,000
Purchased transportation		221,366,000		-		221,366,000
Purchased equipment for resale		-		1,178,000		1,178,000
Commissions		34,379,000		-		34,379,000
Operating expenses		13,514,000		316,000		13,830,000
Income from operations		6,939,000		479,000		7,418,000
Interest expense		323,000		-		323,000
Income taxes		2,554,000		185,000		2,739,000
Net income	$	4,062,000	$	294,000	$	4,356,000

Assets	$	54,968,000	$	9,436,000	$	64,404,000

2011	Transportation Services		Agent Support Services		Total

Gross revenues	$	318,080,000	$	1,890,000	$	319,970,000
Purchased transportation		259,493,000		-		259,493,000
Purchased equipment for resale		-		566,000		566,000
Commissions		41,371,000		-		41,371,000
Operating expenses		11,837,000		271,000		12,108,000
Income from operations		5,379,000		1,053,000		6,432,000
Interest expense		520,000		-		520,000
Income taxes		1,868,000		406,000		2,274,000
Net income	$	2,991,000	$	647,000	$	3,638,000

Assets	$	52,967,000	$	6,140,000	$	59,107,000

Summary of Gross Revenues and Expenses on Pro-Forma Basis

Our gross revenues and expenses as of and for the year ended December 31, 2011 presented on a Pro-Forma basis are summarized below:

2011	Transportation Services		Agent Support Services		Total

Gross revenues	$	253,038,000	$	904,000	$	253,942,000
Purchased transportation		203,042,000		-		203,042,000
Purchased equipment for resale		-		566,000		566,000
Commissions		31,601,000		-		31,601,000
Operating expenses		12,003,000		271,000		12,274,000
Income from operations		6,392,000		67,000		6,459,000
Interest expense		520,000		-		520,000
Income taxes		2,261,000		23,000		2,284,000
Net income	$	3,611,000	$	44,000	$	3,655,000

- Definition

Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss.

+ References+ Details