REVENUE FROM CONTRACTS WITH CUSTOMERS (Tables)

12 Months Ended

Dec. 31, 2018

Revenue from Contract with Customer [Abstract]

Schedule of Effect of Adoption of New Accounting Standard

The cumulative effect of the changes made to our January 1, 2018 consolidated balance sheet for the adoption of ASU 2014-09 were as follows (dollars in thousands):

	Balance at December 31, 2017		Adjustments			Balance at January 1, 2018
Balance Sheet
Assets:
Receivables, net of allowance for doubtful accounts	$	2,113,930	$	(101,718	)	$	2,012,212
Contract assets	—		147,764			147,764
Prepaid expenses and other	63,116		4,021			67,137
Liabilities:
Accounts payable	1,000,305		(56,493		)	943,812
Accrued expenses - compensation	105,316		1,964			107,280
Accrued expenses - transportation expense	—		94,811			94,811
Accrued expenses - other accrued liabilities	58,229		(2,752		)	55,477
Deferred tax liabilities	45,355		3,298			48,653
Equity:
Retained earnings	3,437,093		9,239			3,446,332

The impact of adoption of ASU 2014-09 on our consolidated statements of operations and consolidated balance sheets were as follows (dollars in thousands). The adoption of ASU 2014-09 did not have a material impact upon our consolidated statements of cash flows.

	Twelve Months Ended December 31, 2018
	As reported			Balances without adoption of ASU 2014-09			Effect of change higher / (lower)
Income Statement
Revenues:
Transportation	$	15,515,921		$	15,462,328		$	53,593
Sourcing (1)	1,115,251			1,235,713			(120,462		)
Total revenues	16,631,172			16,698,041			(66,869		)
Costs and expenses:
Purchased transportation and related services	12,922,177			12,875,875			46,302
Purchased products sourced for resale (1)	1,003,760			1,124,222			(120,462		)
Personnel expenses	1,343,542			1,343,159			383
Other selling, general, and administrative expenses	449,610			449,610			—
Total costs and expenses	15,719,089			15,792,866			(73,777		)
Income from operations	912,083			905,175			6,908
Interest and other expense	(31,810		)	(31,810		)	—
Income before provision for income taxes	880,273			873,365			6,908
Provision for income taxes	215,768			213,882			1,886
Net income	$	664,505		$	659,483		$	5,022

⁽¹⁾ We have identified certain customer contracts in our sourcing managed procurement business that changed from a principal to an agent relationship under the new standard. This change resulted in these contracts being recognized at the net amount we charge our customers but had no impact on income from operations.

	As of December 31, 2018
	As reported		Balances without adoption of ASU 2014-09		Effect of change higher / (lower)
Balance Sheet
Assets:
Receivables, net of allowance for doubtful accounts	$	2,162,438	$	2,223,632	$	(61,194	)
Contract assets	159,635		—		159,635
Prepaid expenses and other	52,386		50,683		1,703
Liabilities:
Accounts payable	$	971,023	$	1,009,758	$	(38,735	)
Accrued expenses - compensation	153,626		151,280		2,346
Accrued expenses - transportation expense	119,820		—		119,820
Accrued expenses - other accrued liabilities	63,410		66,116		(2,706		)
Deferred tax liabilities	35,757		30,599		5,158
Equity:
Retained earnings	$	3,845,593	$	3,831,332	$	14,261

Schedule of Total Revenues Disaggregated by Major Service Line and Timing of Recognition

A summary of our total revenues disaggregated by major service line and timing of revenue recognition is presented below for each of our reportable segments for the twelve months ended months ended December 31, 2018, as follows (dollars in thousands):

	Twelve Months Ended December 31, 2018
	NAST		Global Forwarding		Robinson Fresh		All Other and Corporate		Total
Major service lines:
Transportation and logistics services	$	11,247,900	$	2,487,744	$	1,153,649	$	626,628	$	15,515,921
Sourcing	—		—		1,115,251		—		1,115,251
Total	$	11,247,900	$	2,487,744	$	2,268,900	$	626,628	$	16,631,172
Timing of revenue recognition:
Performance obligations completed over time	$	11,247,900	$	2,487,744	$	1,153,649	$	626,628	$	15,515,921
Performance obligations completed at a point in time	—		—		1,115,251		—		1,115,251
Total	$	11,247,900	$	2,487,744	$	2,268,900	$	626,628	$	16,631,172