XML 18 R4.htm IDEA: XBRL DOCUMENT v3.3.1.900
Consolidated Statements of Earnings - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2015
Dec. 31, 2014
Dec. 31, 2013
Operating revenues, excluding fuel surcharge revenues $ 5,516,282 $ 5,082,827 $ 4,527,238
Fuel surcharge revenues 671,364 1,082,614 1,057,333
Total operating revenues 6,187,646 6,165,441 5,584,571
Operating expenses:      
Rents and purchased transportation 2,994,586 3,085,276 2,805,568
Salaries, wages and employee benefits 1,394,239 1,290,404 1,138,213
Fuel and fuel taxes 313,034 453,919 455,926
Depreciation and amortization 339,613 294,496 253,380
Operating supplies and expenses 220,597 218,539 202,700
Insurance and claims 73,689 81,062 55,158
General and administrative expenses, net of asset dispositions 72,522 50,596 45,469
Operating taxes and licenses 43,084 38,796 32,307
Communication and utilities 20,588 20,811 19,142
Total operating expenses 5,471,952 5,533,899 5,007,863
Operating income 715,694 631,542 576,708
Interest income 86 87 69
Interest expense 25,577 27,028 23,209
Earnings before income taxes 690,203 604,601 553,568
Income taxes 262,968 229,809 211,186
Net earnings $ 427,235 $ 374,792 $ 342,382
Weighted average basic shares outstanding (in shares) 115,677 117,000 117,449
Basic earnings per share (in dollars per share) $ 3.69 $ 3.20 $ 2.92
Weighted average diluted shares outstanding (in shares) 116,728 118,445 119,404
Diluted earnings per share (in dollars per share) $ 3.66 $ 3.16 $ 2.87
Dividends declared per common share (in dollars per share) $ 0.84 $ 0.80 $ 0.45