Consolidated Statements Of Operations (USD $)
In Thousands, except Per Share data, unless otherwise specified |
12 Months Ended | ||
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Dec. 31, 2013
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Dec. 31, 2012
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Dec. 31, 2011
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Income Statement [Abstract] | |||
Operating revenue | $ 4,118,195 | $ 3,976,085 | $ 3,778,963 |
Operating expenses: | |||
Salaries, wages and employee benefits | 903,990 | 879,856 | 861,423 |
Operating supplies and expenses | 319,023 | 290,472 | 281,872 |
Fuel | 640,000 | 668,707 | 698,530 |
Purchased transportation | 1,255,646 | 1,195,033 | 1,055,416 |
Rental expense | 180,328 | 149,433 | 122,279 |
Insurance and claims | 142,179 | 121,655 | 110,639 |
Depreciation and amortization of property and equipment | 226,008 | 218,839 | 218,098 |
Amortization of intangibles | 16,814 | 16,925 | 18,258 |
Impairments | 0 | 3,387 | 0 |
Gain on disposal of property and equipment | (22,664) | (18,351) | (8,902) |
Communication and utilities | 25,593 | 26,464 | 27,757 |
Operating taxes and licenses | 74,319 | 71,849 | 71,557 |
Total operating expenses | 3,761,236 | 3,624,269 | 3,456,927 |
Operating income | 356,959 | 351,816 | 322,036 |
Other (income) expenses: | |||
Interest expense | 99,534 | 122,049 | 149,981 |
Derivative interest expense | 3,852 | 5,101 | 15,057 |
Interest income | (2,474) | (2,156) | (1,997) |
Merger and acquisition expense | 4,913 | 0 | 0 |
Loss on debt extinguishment | 5,540 | 22,219 | 0 |
Impairments on non-operating assets | 0 | 5,979 | 0 |
Gain on sale of real property | (6,876) | 0 | 0 |
Other | (3,934) | (3,077) | (2,244) |
Total other (income) expenses, net | 100,555 | 150,115 | 160,797 |
Income before income taxes | 256,404 | 201,701 | 161,239 |
Income tax expense | 100,982 | 61,614 | 58,492 |
Net income | $ 155,422 | $ 140,087 | $ 102,747 |
Net income | |||
Basic earnings per share | $ 1.11 | $ 1.00 | $ 0.74 |
Diluted earnings per share | $ 1.09 | $ 1.00 | $ 0.74 |
Shares used in per share calculations | |||
Basic (in shares) | 140,179 | 139,532 | 139,155 |
Diluted (in shares) | 142,221 | 139,619 | 139,663 |
X | ||||||||||
- Definition
The amount recorded in earnings during the reporting period related to interest rate derivative instruments; includes changes in fair value of undesignated derivatives that are recorded directly to earnings , the ineffective portion of changes in fair value of designated cash flow hedges that are recorded in earnings (excluding the effective portion which is recorded in accumulated other comprehensive income), previous gains and losses on designated cash flow hedges which are reclassified from accumulated other comprehensive income to earnings during the period, and the net effect of current settlement payments or receipts that are accrued or earned during the period. No definition available.
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- Definition
Non-operating asset impairment charges No definition available.
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- Definition
Operating asset impairment charges No definition available.
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- Definition
Maintenance, supplies, and other operating expenses incurred related to services rendered by an entity during the reporting period. No definition available.
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- Definition
Total other (income) expenses, net No definition available.
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- Definition
Costs incurred during the period and owed to independent contractors and other third-party service providers for providing transportation services to an entity's customers. No definition available.
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- Definition
The aggregate expense charged against earnings to allocate the cost of intangible assets (nonphysical assets not used in production) in a systematic and rational manner to the periods expected to benefit from such assets. As a noncash expense, this element is added back to net income when calculating cash provided by or used in operations using the indirect method. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
This element represents acquisition-related costs incurred to effect a business combination which costs have been expensed during the period. Such costs include finder's fees; advisory, legal, accounting, valuation, and other professional or consulting fees; general administrative costs, including the costs of maintaining an internal acquisitions department; and may include costs of registering and issuing debt and equity securities. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The aggregate amount of communications, data processing and occupancy expenses. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Taxes and licenses incurred and are directly related to services rendered by an entity during the reporting period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The current period expense charged against earnings on long-lived, physical assets not used in production, and which are not intended for resale, to allocate or recognize the cost of such assets over their useful lives; or to record the reduction in book value of an intangible asset over the benefit period of such asset; or to reflect consumption during the period of an asset that is not used in production. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Details
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- Definition
The amount of net income (loss) for the period per each share of common stock or unit outstanding during the reporting period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The amount of net income (loss) for the period available to each share of common stock or common unit outstanding during the reporting period and to each share or unit that would have been outstanding assuming the issuance of common shares or units for all dilutive potential common shares or units outstanding during the reporting period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Fuel costs incurred that are directly related to goods produced and sold and services rendered during the reporting period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Amount of gain (loss) on sale or disposal of property, plant and equipment assets, excluding oil and gas property and timber property. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Amount of gain (loss) on sale or disposal of other assets. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Difference between the fair value of payments made and the carrying amount of debt which is extinguished prior to maturity. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Sum of operating profit and nonoperating income or expense before Income or Loss from equity method investments, income taxes, extraordinary items, and noncontrolling interest. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Details
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- Definition
Amount of current income tax expense (benefit) and deferred income tax expense (benefit) pertaining to continuing operations. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Amount of the cost of borrowed funds accounted for as interest expense. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Amount before accretion (amortization) of purchase discount (premium) of interest income on nonoperating securities. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The aggregate amount of expenditures for salaries, wages, profit sharing and incentive compensation, and other employee benefits, including equity-based compensation, and pension and other postretirement benefit expense. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Amount of rent expense incurred for leased assets, including but not limited to, furniture and equipment, that is not directly or indirectly associated with the manufacture, sale or creation of a product or product line. No definition available.
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- Definition
The portion of profit or loss for the period, net of income taxes, which is attributable to the parent. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Generally recurring costs associated with normal operations except for the portion of these expenses which can be clearly related to production and included in cost of sales or services. Includes selling, general and administrative expense. No definition available.
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- Details
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- Definition
The net result for the period of deducting operating expenses from operating revenues. No definition available.
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- Definition
Insurance and claims costs directly related to goods produced and sold, or services rendered, during the reporting period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The aggregate amount of other expense amounts, the components of which are not separately disclosed on the income statement, resulting from ancillary business-related activities (that is, excluding major activities considered part of the normal operations of the business) also known as other nonoperating expense recognized during the period. Such amounts may include: (a) unusual costs, (b) loss on foreign exchange transactions, (c) losses on securities (net of profits), and (d) miscellaneous other expense items. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Details
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- Definition
Amount of revenue recognized from goods sold, services rendered, insurance premiums, or other activities that constitute an earning process. Includes, but is not limited to, investment and interest income before deduction of interest expense when recognized as a component of revenue, and sales and trading gain (loss). Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The average number of shares or units issued and outstanding that are used in calculating diluted EPS or earnings per unit (EPU), determined based on the timing of issuance of shares or units in the period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Details
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- Definition
Number of [basic] shares or units, after adjustment for contingently issuable shares or units and other shares or units not deemed outstanding, determined by relating the portion of time within a reporting period that common shares or units have been outstanding to the total time in that period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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