Condensed Consolidated Statements of Income (Unaudited) - USD ($) shares in Thousands, $ in Thousands |
3 Months Ended | 9 Months Ended | ||
|---|---|---|---|---|
Mar. 31, 2016 |
Mar. 31, 2015 |
Mar. 31, 2016 |
Mar. 31, 2015 |
|
| OPERATING REVENUE: | ||||
| Freight revenue | $ 239,851 | $ 201,727 | $ 726,974 | $ 546,636 |
| Fuel surcharge revenue | 19,723 | 29,975 | 74,120 | 100,852 |
| Total revenue | 259,574 | 231,702 | 801,094 | 647,488 |
| OPERATING EXPENSES: | ||||
| Salaries, wages, and employee benefits | 78,251 | 68,257 | 245,605 | 189,048 |
| Fuel | 22,725 | 33,713 | 77,141 | 112,897 |
| Purchased transportation | 84,956 | 64,408 | 267,934 | 166,273 |
| Revenue equipment rentals | 5,932 | 1,620 | 10,355 | 6,859 |
| Operations and maintenance | 17,394 | 15,539 | 53,243 | 39,768 |
| Insurance and claims | 8,830 | 7,729 | 23,466 | 20,626 |
| Depreciation and amortization | 19,611 | 20,457 | 60,399 | 53,747 |
| Communications and utilities | 2,643 | 2,183 | 7,598 | 6,110 |
| Operating taxes and licenses | 5,143 | 4,369 | 15,647 | 11,382 |
| General and other operating | 4,590 | 3,682 | 13,676 | 10,564 |
| Gain on disposition of equipment | (2,032) | (5,583) | (20,752) | (14,151) |
| Total operating expenses | 248,043 | 216,374 | 754,312 | 603,123 |
| Operating income | 11,531 | 15,328 | 46,782 | 44,365 |
| Interest expense | $ 3,573 | $ 2,130 | $ 10,483 | 5,308 |
| Interest income | (7) | |||
| Other income | $ 102 | $ (64) | $ 223 | $ (175) |
| Income from equity method investment | (43) | (43) | ||
| Income before income taxes | 7,899 | $ 13,262 | 36,119 | $ 39,239 |
| Income tax expense | 2,660 | 4,670 | 12,899 | 14,057 |
| Net income | $ 5,239 | $ 8,592 | $ 23,220 | $ 25,182 |
| Income per common share: | ||||
| Diluted (in dollars per share) | $ 0.19 | $ 0.36 | $ 0.83 | $ 1.05 |
| Basic (in dollars per share) | $ 0.19 | $ 0.37 | $ 0.85 | $ 1.08 |
| Diluted weighted average shares outstanding (in shares) | 28,170 | 24,150 | 28,025 | 24,025 |
| Basic weighted average shares outstanding (in shares) | 27,481 | 23,538 | 27,471 | 23,628 |
| X | ||||||||||
- Definition Revenues related to the fuel component of our services provided, not elsewhere specified in the taxonomy. No definition available.
|
| X | ||||||||||
- Definition Revenue from transporting cargo and freight between locations. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
- Definition The aggregate expense recognized in the current period that allocates the cost of tangible assets, intangible assets, or depleting assets to periods that benefit from use of the assets. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
- Definition The aggregate costs of direct communications and utilities incurred during the reporting period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
- Definition Amount of expense incurred and directly related to generating revenue from leased and rented property or equipment. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
- Definition Taxes and licenses incurred and are directly related to goods produced and sold and services rendered during the reporting period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- Definition The amount of net income (loss) for the period per each share of common stock or unit outstanding during the reporting period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
- Definition The amount of net income (loss) for the period available to each share of common stock or common unit outstanding during the reporting period and to each share or unit that would have been outstanding assuming the issuance of common shares or units for all dilutive potential common shares or units outstanding during the reporting period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
- Definition Fuel costs incurred that are directly related to goods produced and sold and services rendered during the reporting period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
- Definition Amount of gain (loss) on sale or disposal of property, plant and equipment assets, including oil and gas property and timber property. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
- Definition Amount of income (loss) from continuing operations before deduction of income tax expense (benefit) and income (loss) attributable to noncontrolling interest, and addition of income (loss) from equity method investments. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
- Definition This item represents the entity's proportionate share for the period of the net income (loss) of its investee (such as unconsolidated subsidiaries and joint ventures) to which the equity method of accounting is applied. This item includes income or expense related to stock-based compensation based on the investor's grant of stock to employees of an equity method investee. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
- Definition Amount of current income tax expense (benefit) and deferred income tax expense (benefit) pertaining to continuing operations. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
- Definition Amount of the cost of borrowed funds accounted for as interest expense. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
- Definition Amount before accretion (amortization) of purchase discount (premium) of interest income on nonoperating securities. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
- Definition The aggregate amount of expenditures for salaries, wages, profit sharing and incentive compensation, and other employee benefits, including equity-based compensation, and pension and other postretirement benefit expense. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
- Definition Costs incurred and are directly related to generating maintenance revenues. Also includes cost of maintenance on client contracts. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
- Definition The portion of profit or loss for the period, net of income taxes, which is attributable to the parent. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
- Definition Generally recurring costs associated with normal operations except for the portion of these expenses which can be clearly related to production and included in cost of sales or services. Includes selling, general and administrative expense. No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- Definition The net result for the period of deducting operating expenses from operating revenues. No definition available.
|
| X | ||||||||||
- Definition Insurance and claims costs directly related to goods produced and sold, or services rendered, during the reporting period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
- Definition The total amount of other operating cost and expense items that are associated with the entity's normal revenue producing operation. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
- Definition Amount of income (expense) related to nonoperating activities, classified as other. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
- Definition Amount of revenue recognized from goods sold, services rendered, insurance premiums, or other activities that constitute an earning process. Includes, but is not limited to, investment and interest income before deduction of interest expense when recognized as a component of revenue, and sales and trading gain (loss). Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- Definition Cost incurred during the reporting period in transporting goods and services to customers. Includes freight-out costs. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
- Definition The average number of shares or units issued and outstanding that are used in calculating diluted EPS or earnings per unit (EPU), determined based on the timing of issuance of shares or units in the period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
- Definition Number of [basic] shares or units, after adjustment for contingently issuable shares or units and other shares or units not deemed outstanding, determined by relating the portion of time within a reporting period that common shares or units have been outstanding to the total time in that period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|