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Condensed Consolidated Statements of Earnings (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2020
Jun. 30, 2019
Jun. 30, 2020
Jun. 30, 2019
Operating revenues $ 2,145,573 $ 2,261,647 $ 4,426,398 $ 4,351,274
Operating expenses:        
Rents and purchased transportation 1,034,297 1,086,416 2,170,449 2,086,305
Salaries, wages and employee benefits 554,136 535,147 1,128,386 1,051,472
Depreciation and amortization 130,298 123,995 260,393 243,924
Fuel and fuel taxes 75,459 118,037 176,582 230,162
Operating supplies and expenses 79,134 84,264 164,732 162,436
General and administrative expenses, net of asset dispositions 44,599 46,539 89,761 91,578
Insurance and claims 30,899 52,013 63,260 81,007
Operating taxes and licenses 13,567 13,565 26,879 26,725
Communication and utilities 8,001 8,578 16,032 16,777
Total operating expenses 1,970,390 2,068,554 4,096,474 3,990,386
Operating income 175,183 193,093 329,924 360,888
Net interest expense 12,818 14,763 24,854 27,796
Earnings before income taxes 162,365 178,330 305,070 333,092
Income taxes 40,667 44,697 78,538 79,858
Net earnings $ 121,698 $ 133,633 $ 226,532 $ 253,234
Weighted average basic shares outstanding (in shares) 105,505 107,387 105,745 108,055
Basic earnings per share (in dollars per share) $ 1.15 $ 1.24 $ 2.14 $ 2.34
Weighted average diluted shares outstanding (in shares) 106,580 108,373 106,765 109,015
Diluted earnings per share (in dollars per share) $ 1.14 $ 1.23 $ 2.12 $ 2.32
Dividends declared per common share (in dollars per share) $ 0.27 $ 0.26 $ 0.54 $ 0.52
Service Excluding Fuel Surcharge [Member]        
Operating revenues $ 1,986,130 $ 1,996,266 $ 4,031,824 $ 3,851,608
Fuel Surcharge [Member]        
Operating revenues $ 159,443 $ 265,381 $ 394,574 $ 499,666