CONSOLIDATED STATEMENTS OF OPERATIONS CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME (USD $)
In Thousands, except Per Share data, unless otherwise specified |
12 Months Ended | ||
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Dec. 31, 2012
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Dec. 31, 2011
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Dec. 31, 2010
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Revenues: | |||
Transportation | $ 9,685,415 | $ 8,740,524 | $ 7,575,659 |
Sourcing | 1,620,183 | 1,535,528 | 1,643,174 |
Payment Services | 53,515 | 60,294 | 55,472 |
Total revenues | 11,359,113 | 10,336,346 | 9,274,305 |
Costs and expenses: | |||
Purchased transportation and related services | 8,157,278 | 7,296,608 | 6,302,530 |
Purchased products sourced for resale | 1,483,745 | 1,407,080 | 1,503,797 |
Purchased payment services | 519 | 0 | 0 |
Personnel expenses | 766,006 | 696,233 | 632,064 |
Other selling, general, and administrative expenses | 276,245 | 243,695 | 213,054 |
Total costs and expenses | 10,683,793 | 9,643,616 | 8,651,445 |
Income from operations | 675,320 | 692,730 | 622,860 |
Investment and other income | 283,142 | 1,974 | 1,242 |
Income before provision for income taxes | 958,462 | 694,704 | 624,102 |
Provision for income taxes | 364,658 | 263,092 | 237,076 |
Net income | 593,804 | 431,612 | 387,026 |
Other comprehensive loss | (230) | (2,690) | (4,789) |
Comprehensive income | $ 593,574 | $ 428,922 | $ 382,237 |
Basic net income per share (in dollars per share) | $ 3.68 | $ 2.63 | $ 2.35 |
Diluted net income per share (in dollars per share) | $ 3.67 | $ 2.62 | $ 2.33 |
Basic weighted average shares outstanding | 161,557 | 164,114 | 164,909 |
Dilutive effect of outstanding stock awards | 389 | 627 | 1,063 |
Diluted weighted average shares outstanding | 161,946 | 164,741 | 165,972 |
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- Definition
Cost of Purchased Payment Services No definition available.
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The total costs of purchased transportation and transportation-related services to meet customer needs during the period. No definition available.
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The aggregate amount of income from investments and other nonoperating income or expense. No definition available.
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The total dollar amount of transportation and transportation-related services charged to customers during the period. No definition available.
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- Definition
The change in equity [net assets] of a business enterprise during a period from transactions and other events and circumstances from non-owner sources which are attributable to the reporting entity. It includes all changes in equity during a period except those resulting from investments by owners and distributions to owners, but excludes any and all transactions which are directly or indirectly attributable to that ownership interest in subsidiary equity which is not attributable to the parent. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Total costs related to goods produced and sold during the reporting period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Total costs of sales and operating expenses for the period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Details
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- 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
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- 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
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- Definition
Sum of operating profit and nonoperating income or expense before Income or Loss from equity method investments, income taxes, extraordinary items, and noncontrolling interest. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The sum of the current income tax expense or benefit and the deferred income tax expense or benefit pertaining to continuing operations. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- 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
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- 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
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- Definition
The net result for the period of deducting operating expenses from operating revenues. No definition available.
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- Definition
Net of tax amount of other comprehensive income (loss) attributable to both parent entity and noncontrolling interest. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Other generally recurring costs associated with normal operations excluding those directly related to the marketing or selling of products and services not otherwise defined. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Aggregate revenue recognized during the period (derived from goods sold, services rendered, insurance premiums, or other activities that constitute an entity's earning process). For financial services companies, also includes investment and interest income, and sales and trading gains. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Details
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- Definition
Aggregate revenue during the period from the sale of goods in the normal course of business, after deducting returns, allowances and discounts. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Aggregate revenue during the period from services rendered in the normal course of business, after deducting allowances and discounts. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The sum of dilutive potential common shares or units used in the calculation of the diluted per-share or per-unit computation. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- 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
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- 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
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