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SUPPLEMENTARY DATA (Tables)
12 Months Ended
Dec. 31, 2012
Notes To Financial Statements [Abstract]  
Schedule of Quarterly Financial Information
Our unaudited results of operations for each of the quarters in the years ended December 31, 2012 and 2011 are summarized below (in thousands, except per share data).
 
2012
 
March 31
 
June 30
 
September 30
 
December 31 (1)
Total revenues:
 
 
 
 
 
 
 
 
Transportation
 
$
2,176,797

 
$
2,476,805

 
$
2,445,883

 
$
2,585,930

Sourcing
 
359,730

 
462,597

 
418,377

 
379,479

Payment Services
 
15,587

 
16,312

 
16,149

 
5,467

Total revenues
 
2,552,114

 
2,955,714

 
2,880,409

 
2,970,876

Costs and expenses:
 
 
 
 
 
 
 
 
Purchased transportation and related services
 
1,809,581

 
2,107,799

 
2,063,109

 
2,176,789

Purchased products sourced for resale
 
327,787

 
422,392

 
384,630

 
348,936

Purchased payment services
 

 

 

 
519

Personnel expenses
 
183,438

 
177,184

 
179,342

 
226,042

Other selling, general, and administrative expenses
 
61,763

 
63,425

 
66,071

 
84,986

Total costs and expenses
 
2,382,569

 
2,770,800

 
2,693,152

 
2,837,272

Income from operations
 
169,545

 
184,914

 
187,257

 
133,604

Net income
 
$
106,500

 
$
114,582

 
$
116,330

 
$
256,392

Basic net income per share
 
$
0.65

 
$
0.71

 
$
0.72

 
$
1.59

Diluted net income per share
 
$
0.65

 
$
0.71

 
$
0.72

 
$
1.58

Basic weighted average shares outstanding
 
162,693

 
161,887

 
160,782

 
160,880

Dilutive effect of outstanding stock awards
 
330

 
313

 
221

 
919

Diluted weighted average shares outstanding
 
163,023

 
162,200

 
161,003

 
161,799

Market price range of common stock:
 
 
 
 
 
 
 
 
High
 
$
71.76

 
$
67.31

 
$
61.97

 
$
64.14

Low
 
$
62.84

 
$
55.35

 
$
50.81

 
$
57.16

_________________________ 
(1)
The quarter ended December 31, 2012 is not comparable to the previous periods shown in this footnote due to certain significant charges or credits related to our recent acquisitions and divestitures.

2011
 
March 31
 
June 30
 
September 30
 
December 31
Total revenues:
 
 
 
 
 
 
 
 
Transportation
 
$
1,991,022

 
$
2,269,036

 
$
2,280,208

 
$
2,200,258

Sourcing
 
360,028

 
423,536

 
399,220

 
352,744

Payment Services
 
14,422

 
15,090

 
15,500

 
15,282

Total revenues
 
2,365,472

 
2,707,662

 
2,694,928

 
2,568,284

Costs and expenses:
 
 
 
 
 
 
 
 
Purchased transportation and related services
 
1,648,102

 
1,901,189

 
1,905,731

 
1,841,586

Purchased products sourced for resale
 
327,029

 
388,607

 
366,131

 
325,313

Personnel expenses
 
175,109

 
178,945

 
178,117

 
164,062

Other selling, general, and administrative expenses
 
58,517

 
58,826

 
60,984

 
65,368

Total costs and expenses
 
2,208,757

 
2,527,567

 
2,510,963

 
2,396,329

Income from operations
 
156,715

 
180,095

 
183,965

 
171,955

Net income
 
$
97,028

 
$
111,023

 
$
114,347

 
$
109,214

Basic net income per share
 
$
0.59

 
$
0.67

 
$
0.70

 
$
0.67

Diluted net income per share
 
$
0.59

 
$
0.67

 
$
0.70

 
$
0.67

Basic weighted average shares outstanding
 
165,124

 
164,607

 
163,948

 
162,919

Dilutive effect of outstanding stock awards
 
640

 
587

 
523

 
906

Diluted weighted average shares outstanding
 
165,764

 
165,194

 
164,471

 
163,825

Market price range of common stock:
 
 
 
 
 
 
 
 
High
 
$
82.05

 
$
81.53

 
$
82.61

 
$
76.76

Low
 
$
70.32

 
$
73.30

 
$
62.30

 
$
63.21