Principal Accounting Policies (Policy)

9 Months Ended

Sep. 30, 2011

Principal Accounting Policies [Abstract]

Basis Of Presentation

Basis of Presentation

These interim financial statements have been prepared in accordance with accounting principles generally accepted in the United States for interim financial information and Rule 10-01 of Regulation S-X, and should be read in conjunction with Con-way's 2010 Annual Report on Form 10-K. Accordingly, significant accounting policies and other disclosures normally provided have been omitted.

In the opinion of management, the accompanying unaudited condensed consolidated financial statements reflect all adjustments, including normal recurring adjustments, necessary to present fairly Con-way's financial position, results of operations and cash flows for the periods presented. Results for the interim periods presented are not necessarily indicative of annual results.

Earnings Per Share ("EPS")

Earnings (Loss) per Share ("EPS")

Basic EPS is computed by dividing reported earnings by the weighted-average common shares outstanding. Diluted EPS is calculated as follows:

(Dollars in thousands except per share data)	Three Months Ended September 30,					Nine Months Ended September 30,
	2011		2010			2011		2010
Numerator:
Net income (loss) applicable to common
shareholders, as reported	$	29,128	$	(8,228	)	$	65,472	$	1,598
Denominator:
Weighted-average common shares outstanding		55,535,074		54,286,677			55,331,170		51,780,610
Stock options and nonvested stock		582,260		--			722,889		630,236
		56,117,334		54,286,677			56,054,059		52,410,846
Diluted earnings (loss) per share	$	0.52	$	(0.15	)	$	1.17	$	0.03
Antidilutive securities excluded from the
computation of diluted EPS		2,070,672		3,582,653			1,838,289		1,707,718

Reclassifications

Reclassifications

Certain amounts in the prior-period financial statements have been reclassified to conform to the current-period presentation.