XML 34 R4.htm IDEA: XBRL DOCUMENT v2.4.0.8
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended
Mar. 31, 2014
Mar. 31, 2013
Revenues:    
Transportation $ 2,803,704 $ 2,603,182
Sourcing 335,808 387,852
Payment Services 3,073 3,233
Total revenues 3,142,585 2,994,267
Costs and expenses:    
Purchased transportation and related services 2,375,825 2,181,930
Purchased products sourced for resale 308,962 356,006
Purchased payment services 563 609
Personnel expenses 220,297 212,645
Other selling, general, and administrative expenses 79,967 74,371
Total costs and expenses 2,985,614 2,825,561
Income from operations 156,971 168,706
Investment and other (expense) income (6,131) (60)
Income before provision for income taxes 150,840 168,646
Provision for income taxes 57,653 65,303
Net income 93,187 103,343
Other comprehensive loss (337) (2,229)
Comprehensive income $ 92,850 $ 101,114
Basic net income per share (in dollars per share) $ 0.63 $ 0.64
Diluted net income per share (in dollars per share) $ 0.63 $ 0.64
Basic weighted average shares outstanding (in shares) 148,517 160,637
Dilutive effect of outstanding stock awards (in shares) 491 53
Diluted weighted average shares outstanding (in shares) 149,008 160,690