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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, 2019
Sep. 30, 2018
Sep. 30, 2019
Sep. 30, 2018
Revenues:        
Total revenues $ 3,856,132 $ 4,291,900 $ 11,516,182 $ 12,493,264
Costs and expenses:        
Personnel expenses 320,563 335,299 999,547 1,004,226
Other selling, general, and administrative expenses 111,783 112,772 354,730 330,660
Total costs and expenses 3,655,047 4,045,927 10,863,012 11,836,698
Income from operations 201,085 245,973 653,170 656,566
Interest and other expense (13,180) (6,526) (36,935) (22,354)
Income before provision for income taxes 187,905 239,447 616,235 634,212
Provision for income taxes 41,011 63,552 138,373 156,857
Net income 146,894 175,895 477,862 477,355
Other comprehensive loss (18,576) (10,877) (18,967) (38,954)
Comprehensive income $ 128,318 $ 165,018 $ 458,895 $ 438,401
Basic net income per share (in dollars per share) $ 1.08 $ 1.27 $ 3.48 $ 3.42
Diluted net income per share (in dollars per share) $ 1.07 $ 1.25 $ 3.45 $ 3.39
Basic weighted average shares outstanding (shares) 136,380 138,797 137,274 139,425
Dilutive effect of outstanding stock awards (shares) 1,096 1,363 1,099 1,295
Diluted weighted average shares outstanding (shares) 137,476 140,160 138,373 140,720
Transportation        
Revenues:        
Total revenues $ 3,608,346 $ 4,028,392 $ 10,751,890 $ 11,619,171
Costs and expenses:        
Purchased products and services 2,999,979 3,359,520 8,826,233 9,714,318
Sourcing        
Revenues:        
Total revenues 247,786 263,508 764,292 874,093
Costs and expenses:        
Purchased products and services $ 222,722 $ 238,336 $ 682,502 $ 787,494