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QUARTERLY INFORMATION (Unaudited)
 12 Months Ended
Dec. 31, 2011
QUARTERLY INFORMATION (Unaudited) [Abstract]  
QUARTERLY INFORMATION (Unaudited)
15.            QUARTERLY INFORMATION (Unaudited)

Segment results by quarter for 2011 are listed below (in millions, except per-share amounts):

   
2011
 
   
Q1
   
Q2
   
Q3
   
Q4
 
Revenue:
                       
   Transportation:
                               
   Ocean transportation
 
$
238.4
   
$
274.8
   
$
281.8
   
$
282.6
 
   Logistics services
   
91.3
     
103.1
     
99.2
     
92.8
 
Real Estate:
                               
Leasing
   
26.0
     
25.2
     
24.5
     
24.4
 
Sales
   
23.4
     
30.7
     
9.3
     
2.8
 
Less amounts reported in discontinued operations 1
   
(15.2
)
   
(23.1
)
   
(8.8
)
   
(0.4
)
Agribusiness
   
16.1
     
44.7
     
38.5
     
62.4
 
Reconciling Items 2
   
(6.5
)
   
(6.9
)
   
(4.3
)
   
(4.4
)
Total Revenue
 
$
373.5
   
$
448.5
   
$
440.2
   
$
460.2
 
Operating Profit (Loss):
                               
Transportation:
                               
   Ocean transportation
 
$
5.4
   
$
27.1
   
$
28.6
   
$
13.0
 
   Logistics services
   
1.5
     
2.1
     
2.0
     
(0.6
)
Real Estate:
                               
   Leasing
   
10.6
     
10.4
     
9.2
     
9.1
 
   Sales
   
12.0
     
10.6
     
3.5
     
(10.6
)
   Less amounts reported in discontinued operations1
   
(7.2
)
   
(9.2
)
   
(7.0
)
   
(0.4
)
Agribusiness
   
2.6
     
8.5
     
3.8
     
7.3
 
Total operating profit
   
24.9
     
49.5
     
40.1
     
17.8
 
Interest Expense
   
(6.2
)
   
(6.1
)
   
(6.3
)
   
(6.2
)
General Corporate Expenses
   
(4.2
)
   
(4.2
)
   
(4.8
)
   
(7.1
)
Income From Continuing Operations before Income Taxes
   
14.5
     
39.2
     
29.0
     
4.5
 
Income taxes
   
5.8
     
15.1
     
10.6
     
0.8
 
Income From Continuing Operations
   
8.7
     
24.1
     
18.4
     
3.7
 
Discontinued Operations1
   
(3.5
)
   
(5.4
)
   
(9.7
)
   
(2.1
)
Net Income
 
$
5.2
   
$
18.7
   
$
8.7
   
$
1.6
 
                                 
Earnings Per Share:
                               
Basic
 
$
0.13
   
$
0.45
   
$
0.21
   
$
0.04
 
Diluted
 
$
0.12
   
$
0.44
   
$
0.21
   
$
0.04
 


1
See Note 2 for discussion of discontinued operations.
2
Includes inter-segment revenue, interest income, and other income classified as revenue for segment reporting purposes.


Segment results by quarter for 2010 are listed below (in millions, except per-share amounts):

   
2010
 
   
Q1
   
Q2
   
Q3
   
Q4
 
Revenue:
                       
   Transportation:
                               
   Ocean transportation
 
$
229.5
   
$
257.2
   
$
261.8
   
$
268.0
 
   Logistics services
   
77.1
     
88.6
     
92.4
     
97.5
 
Real Estate:
                               
   Leasing
   
23.6
     
23.2
     
24.4
     
23.2
 
   Sales
   
60.3
     
22.0
     
4.3
     
49.5
 
   Less amounts reported in discontinued operations 1
   
(58.4
)
   
(20.7
)
   
(3.3
)
   
(44.3
)
Agribusiness2
   
14.2
     
29.8
     
60.4
     
59.5
 
Reconciling Items 3
   
(4.2
)
   
(3.6
)
   
(2.7
)
   
(15.8
)
Total Revenue
 
$
342.1
   
$
396.5
   
$
437.3
   
$
437.6
 
Operating Profit (Loss):
                               
Transportation:
                               
   Ocean transportation
 
$
10.4
   
$
37.0
   
$
42.5
   
$
28.8
 
   Logistics services
   
1.9
     
1.5
     
1.8
     
2.0
 
Real Estate:
                               
   Leasing
   
9.1
     
8.5
     
9.3
     
8.4
 
   Sales
   
21.4
     
8.0
     
2.9
     
17.8
 
   Less amounts reported in discontinued operations1
   
(22.8
)
   
(10.6
)
   
(2.1
)
   
(19.0
)
Agribusiness2
   
(1.1
)
   
1.8
     
0.8
     
4.6
 
Total operating profit
   
18.9
     
46.2
     
55.2
     
42.6
 
Interest Expense
   
(6.5
)
   
(6.5
)
   
(6.3
)
   
(6.2
)
General Corporate Expenses
   
(6.6
)
   
(4.5
)
   
(7.7
)
   
(4.5
)
Income From Continuing Operations before Income Taxes
   
5.8
     
35.2
     
41.2
     
31.9
 
Income taxes
   
3.0
     
13.1
     
15.5
     
13.1
 
Income From Continuing Operations
   
2.8
     
22.1
     
25.7
     
18.8
 
Discontinued Operations1
   
14.5
     
6.8
     
--
     
1.4
 
Net Income
 
$
17.3
   
$
28.9
   
$
25.7
   
$
20.2
 
                                 
Earnings Per Share:
                               
Basic
 
$
0.42
   
$
0.70
   
$
0.62
   
$
0.49
 
Diluted
 
$
0.42
   
$
0.70
   
$
0.62
   
$
0.48
 


1
See Note 2 for discussion of discontinued operations.
2
Includes a $4.9 million gain in the fourth quarter of 2010 related to a agriculture disaster relief payment for drought experienced in prior years.
3
Includes inter-segment revenue, interest income, and other income classified as revenue for segment reporting purposes.