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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2016
Sep. 30, 2015
Sep. 30, 2016
Sep. 30, 2015
Revenues:        
Transportation $ 2,998,583 $ 3,044,500 $ 8,593,767 $ 9,122,479
Sourcing 357,171 374,753 1,135,671 1,142,752
Total revenues 3,355,754 3,419,253 9,729,438 10,265,231
Costs and expenses:        
Purchased transportation and related services 2,469,939 2,484,409 6,974,556 7,518,895
Purchased products sourced for resale 327,353 346,269 1,038,870 1,048,633
Personnel expenses 256,883 264,077 804,631 783,220
Other selling, general, and administrative expenses 90,312 91,787 267,415 270,752
Total costs and expenses 3,144,487 3,186,542 9,085,472 9,621,500
Income from operations 211,267 232,711 643,966 643,731
Interest and other expense (7,426) (6,559) (22,463) (22,058)
Income before provision for income taxes 203,841 226,152 621,503 621,673
Provision for income taxes 74,813 86,720 230,422 238,557
Net income 129,028 139,432 391,081 383,116
Other comprehensive income (loss) 518 (6,395) 491 (15,463)
Comprehensive income $ 129,546 $ 133,037 $ 391,572 $ 367,653
Basic net income per share (in dollars per share) $ 0.90 $ 0.96 $ 2.73 $ 2.63
Diluted net income per share (in dollars per share) $ 0.90 $ 0.96 $ 2.73 $ 2.63
Basic weighted average shares outstanding (shares) 142,611 144,578 143,040 145,423
Dilutive effect of outstanding stock awards (shares) 272 204 205 178
Diluted weighted average shares outstanding (shares) 142,883 144,782 143,245 145,601