Changes in Operations (Tables)

12 Months Ended

Dec. 31, 2015

Schedule of Recognized Identified Assets Acquired and Liabilities Assumed

The following acquisition-date fair values were assigned to the acquired net assets (amounts in thousands):



	GBP		USD
Cash and cash equivalents	£	30,030	$	44,733
Accounts receivable	55,530		82,717
Materials and supplies	9,740		14,509
Prepaid expenses and other	19,156		28,535
Property and equipment	198,730		296,028
Goodwill	145,190		216,275
Intangible assets	392,233		584,270
Other assets	179		267
Total assets	850,788		1,267,334
Current portion of long-term debt	17,119		25,500
Accounts payable and accrued expenses	105,531		157,201
Long-term debt, less current portion	67,057		99,888
Deferred income tax liabilities, net	82,137		122,351
Other long-term liabilities	62,661		93,340
Net assets	£	516,283	$	769,054

Schedule of Finite-Lived Intangible Assets Acquired as Part of Business Combination

The following acquisition-date fair values were assigned to the intangible assets (amounts in thousands):



	GBP		USD		Weighted Average Amortization Period (in years)
Operational network rights	£	324,000	$	482,630	100
Customer relationships	57,000		84,907		18
Trade names/trademarks	9,200		13,704		40
Favorable operating leases	2,033		3,029		5
Total intangible assets	£	392,233	$	584,270

Business Acquisition, Pro Forma Information

The following table summarizes the Company's unaudited pro forma operating results for the years ended December 31, 2015 and 2014 as if the acquisition of Freightliner had been consummated as of January 1, 2014. The following pro forma financial information does not include the impact of any costs to integrate the operations or the impact of derivative instruments that the Company has entered into or may enter into to mitigate foreign currency or interest rate risk (dollars in thousands, except per share amounts):



	December 31,
	2015		2014
Operating revenues	$	2,157,020	$	2,417,709
Net income	$	248,922	$	316,459
Basic earnings per common share	$	4.39	$	5.72
Diluted earnings per common share	$	4.30	$	5.55

RCP&E [Member]

Schedule of Recognized Identified Assets Acquired and Liabilities Assumed

The following acquisition-date fair values were assigned to the acquired net assets (dollars in thousands):



	Amount
Materials and supplies	$	3,621
Prepaid expenses and other	116
Property and equipment	217,032
Deferred income tax assets	325
Total assets	221,094
Current portion of long-term debt	1,121
Accounts payable and accrued expenses	108
Long-term debt, less current portion	1,260
Net assets	$	218,605