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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, 2022
Sep. 30, 2021
Sep. 30, 2022
Sep. 30, 2021
Revenues:        
Total revenues $ 6,015,376 $ 6,263,695 $ 19,629,804 $ 16,600,290
Costs and expenses:        
Personnel expenses 437,545 399,880 1,295,670 1,123,616
Other selling, general, and administrative expenses 162,040 133,543 426,585 377,430
Total costs and expenses 5,727,767 5,952,926 18,527,056 15,805,588
Income from operations 287,609 310,769 1,102,748 794,702
Interest and other income/expense, net (15,972) (16,662) (57,541) (41,419)
Income before provision for income taxes 271,637 294,107 1,045,207 753,283
Provision for income taxes 45,839 47,054 200,876 139,136
Net income 225,798 247,053 844,331 614,147
Other comprehensive loss (49,790) (12,034) (76,516) (19,482)
Comprehensive income $ 176,008 $ 235,019 $ 767,815 $ 594,665
Basic net income per share (in dollars per share) $ 1.81 $ 1.87 $ 6.60 $ 4.61
Diluted net income per share (in dollars per share) $ 1.78 $ 1.85 $ 6.50 $ 4.56
Basic weighted average shares outstanding (shares) 124,980 131,845 127,944 133,201
Dilutive effect of outstanding stock awards (shares) 2,210 1,591 1,895 1,460
Diluted weighted average shares outstanding (shares) 127,190 133,436 129,839 134,661
Transportation        
Revenues:        
Total revenues $ 5,724,364 $ 5,999,901 $ 18,718,357 $ 15,800,576
Costs and expenses:        
Purchased products and services 4,862,541 5,180,390 15,979,639 13,580,980
Sourcing        
Revenues:        
Total revenues 291,012 263,794 911,447 799,714
Costs and expenses:        
Purchased products and services $ 265,641 $ 239,113 $ 825,162 $ 723,562