Selected Financial Data for Each of Operating Segments |
The following schedule identifies select financial data for each of the Company’s reportable segments for the three- and nine-month periods ended September 30, 2014 and 2013, respectively (in thousands): XPO Logistics, Inc. Segment Data (Unaudited) (In thousands)
| | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| Freight Brokerage | | Expedited Transportation | | Freight Forwarding | | Contract Logistics | | Corporate | | Eliminations | | Total | Three Months Ended September 30, 2014 |
| |
| |
| |
| |
| |
| |
| Revenue | $ | 518,656 |
| | $ | 36,489 |
| | $ | 59,721 |
| | $ | 50,120 |
| | $ | — |
| | $ | (2,516 | ) | | $ | 662,470 |
| Operating income (loss) | 1,973 |
| | 2,874 |
| | (20 | ) | | 4,504 |
| | (22,969 | ) | | — |
| | (13,638 | ) | Depreciation and amortization | 21,090 |
| | 1,615 |
| | 509 |
| | 3,450 |
| | 583 |
| | — |
| | 27,247 |
| Interest expense | 273 |
| | 1 |
| | 1 |
| | 18 |
| | 17,549 |
| | — |
| | 17,842 |
| Tax provision (benefit) | 64 |
| | — |
| | 14 |
| | — |
| | (20,155 | ) | | — |
| | (20,077 | ) | Goodwill | 498,660 |
| | 58,409 |
| | 9,222 |
| | 352,194 |
| | — |
| | — |
| | 918,485 |
| Three Months Ended September 30, 2013 |
| |
| |
| |
| |
| |
| |
| Revenue | $ | 152,616 |
| | $ | 25,101 |
| | $ | 19,129 |
| | $ | — |
| | $ | — |
| | $ | (2,864 | ) | | $ | 193,982 |
| Operating (loss) income | (3,415 | ) | | 1,739 |
| | (2,588 | ) | | — |
| | (14,155 | ) | | — |
| | (18,419 | ) | Depreciation and amortization | 4,611 |
| | 262 |
| | 3,227 |
| | — |
| | 296 |
| | — |
| | 8,396 |
| Interest expense | 2 |
| | 2 |
| | — |
| | — |
| | 6,411 |
| | — |
| | 6,415 |
| Tax provision (benefit) | 305 |
| | (2 | ) | | — |
| | — |
| | (19,347 | ) | | — |
| | (19,044 | ) | Goodwill | 282,065 |
| | 11,560 |
| | 9,222 |
| | — |
| | — |
| | — |
| | 302,847 |
| Nine Months Ended September 30, 2014 |
| |
| |
| |
| |
| |
| |
| Revenue | $ | 1,243,734 |
| | $ | 106,530 |
| | $ | 133,405 |
| | $ | 50,120 |
| | $ | — |
| | $ | (7,907 | ) | | $ | 1,525,882 |
| Operating income (loss) | 2,408 |
| | 6,256 |
| | (368 | ) | | 4,504 |
| | (59,693 | ) | | — |
| | (46,893 | ) | Depreciation and amortization | 49,354 |
| | 8,181 |
| | 1,110 |
| | 3,450 |
| | 1,695 |
| | — |
| | 63,790 |
| Interest expense | 283 |
| | 5 |
| | 13 |
| | 18 |
| | 30,984 |
| | — |
| | 31,303 |
| Tax provision (benefit) | 688 |
| | — |
| | 47 |
| | — |
| | (25,882 | ) | | — |
| | (25,147 | ) | Goodwill | 498,660 |
| | 58,409 |
| | 9,222 |
| | 352,194 |
| | — |
| | — |
| | 918,485 |
| Nine Months Ended September 30, 2013 |
| |
| |
| |
| |
| |
| |
| Revenue | $ | 326,206 |
| | $ | 75,421 |
| | $ | 54,700 |
| | $ | — |
| | $ | — |
| | $ | (11,256 | ) | | $ | 445,071 |
| Operating (loss) income | (12,224 | ) | | 3,678 |
| | (1,738 | ) | | — |
| | (33,517 | ) | | — |
| | (43,801 | ) | Depreciation and amortization | 6,805 |
| | 821 |
| | 3,407 |
| | — |
| | 710 |
| | — |
| | 11,743 |
| Interest expense | 7 |
| | 6 |
| | — |
| | — |
| | 12,572 |
| | — |
| | 12,585 |
| Tax provision (benefit) | 346 |
| | — |
| | — |
| | — |
| | (19,094 | ) | | — |
| | (18,748 | ) | Goodwill | 282,065 |
| | 11,560 |
| | 9,222 |
| | — |
| | — |
| | — |
| | 302,847 |
|
|