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REPORTABLE SEGMENTS (Tables)
9 Months Ended
Sep. 30, 2017
REPORTABLE SEGMENTS  
Schedule of reportable segment information

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Three Months Ended

 

Nine Months Ended

 

 

 

September 30, 

 

September 30, 

 

(In millions)

    

2017

    

2016

    

2017

    

2016

    

Operating Revenue:

 

 

 

 

 

 

 

 

 

 

 

 

 

Ocean Transportation

 

$

419.2

 

$

398.0

 

$

1,181.9

 

$

1,135.0

 

Logistics (1)

 

 

124.7

 

 

102.4

 

 

348.9

 

 

287.3

 

Total Operating Revenue

 

$

543.9

 

$

500.4

 

$

1,530.8

 

$

1,422.3

 

Operating Income:

 

 

 

 

 

 

 

 

 

 

 

 

 

Ocean Transportation

 

$

54.6

 

$

43.2

 

$

108.1

 

$

110.1

 

Logistics (1)

 

 

7.2

 

 

3.5

 

 

16.0

 

 

7.3

 

Total Operating Income

 

 

61.8

 

 

46.7

 

 

124.1

 

 

117.4

 

Interest expense, net

 

 

(6.2)

 

 

(6.0)

 

 

(18.8)

 

 

(17.4)

 

Income before Income Taxes

 

 

55.6

 

 

40.7

 

 

105.3

 

 

100.0

 

Income taxes

 

 

(21.5)

 

 

(15.4)

 

 

(40.2)

 

 

(38.6)

 

Net Income

 

$

34.1

 

$

25.3

 

$

65.1

 

$

61.4

 


Logistics operating results include Span Alaska operating results from the date of acquisition on August 4, 2016.