v2.4.0.6
Condensed Consolidated Statements of Income (Unaudited) (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended 6 Months Ended
Dec. 31, 2011
Dec. 31, 2010
Dec. 31, 2011
Dec. 31, 2010
REVENUE:        
Freight revenue $ 112,379 $ 111,553 $ 224,676 $ 231,023
Fuel surcharge revenue 29,135 21,578 58,317 42,397
Total revenue 141,514 133,131 282,993 273,420
OPERATING EXPENSES:        
Salaries, wages, and employee benefits 37,562 37,574 75,122 75,701
Fuel 37,063 30,931 75,530 63,202
Purchased transportation 27,302 25,426 54,435 51,300
Revenue equipment rentals 6,269 6,728 12,178 14,277
Operations and maintenance 10,177 10,050 19,979 20,143
Insurance and claims 3,676 3,468 6,719 7,593
Depreciation and amortization 5,766 6,769 11,360 14,296
Cost of products and services sold   1,350   2,748
Communications and utilities 998 1,062 1,903 2,169
Operating taxes and licenses 2,595 2,432 5,104 4,825
General and other operating 1,668 1,705 3,297 3,449
Total operating expenses 133,076 127,495 265,627 259,703
Operating income 8,438 5,636 17,366 13,717
Interest expense 160 565 203 1,027
Interest income (44) (15) (52) (31)
Other income (211) (79) (498) (146)
Income before income taxes 8,533 5,165 17,713 12,867
Income tax expense 3,085 2,307 6,893 5,588
Net income $ 5,448 $ 2,858 $ 10,820 $ 7,279
Income per common share:        
Diluted $ 0.24 $ 0.13 $ 0.48 $ 0.32
Basic $ 0.24 $ 0.13 $ 0.49 $ 0.33
Diluted weighted average shares outstanding 22,697 22,569 22,687 22,563
Basic weighted average shares outstanding 22,248 22,051 22,233 22,054