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Condensed Consolidated Statements of Earnings (USD $)
In Thousands, except Share data, unless otherwise specified
3 Months Ended 6 Months Ended
Jun. 30, 2013
Jun. 30, 2012
Jun. 30, 2013
Jun. 30, 2012
Revenues:        
Airfreight services $ 642,969 $ 638,541 $ 1,263,343 $ 1,277,453
Ocean freight and ocean services 492,007 518,998 937,486 953,334
Customs brokerage and other services 365,477 347,413 710,109 685,535
Total revenues 1,500,453 1,504,952 2,910,938 2,916,322
Operating Expenses:        
Airfreight services 483,016 484,311 947,935 965,354
Ocean freight and ocean services 380,727 413,447 725,650 745,401
Customs brokerage and other services 167,609 153,543 322,968 305,345
Salaries and related costs 255,569 249,925 503,986 496,057
Rent and occupancy costs 22,132 20,853 43,789 42,029
Depreciation and amortization 11,674 9,670 22,952 19,215
Selling and promotion 8,328 8,860 15,585 17,523
Other 27,819 31,940 55,976 67,724
Total operating expenses 1,356,874 1,372,549 2,638,841 2,658,648
Operating income 143,579 132,403 272,097 257,674
Other Income (Expense):        
Interest income 3,070 3,050 6,313 6,410
Other, net 4,325 3,460 5,856 3,937
Other income, net 7,395 6,510 12,169 10,347
Earnings before income taxes 150,974 138,913 284,266 268,021
Income tax expense 58,311 54,892 110,993 107,278
Net earnings 92,663 84,021 173,273 160,743
Less net earnings attributable to the noncontrolling interest 348 66 643 81
Net earnings attributable to shareholders $ 92,315 $ 83,955 $ 172,630 $ 160,662
Diluted earnings attributable to shareholders per share $ 0.45 $ 0.39 $ 0.83 $ 0.75
Basic earnings attributable to shareholders per share $ 0.45 $ 0.40 $ 0.84 $ 0.76
Dividends declared and paid per common share $ 0.30 $ 0.28 $ 0.30 $ 0.28
Weighted average diluted shares outstanding 207,192,534 213,212,912 207,421,805 213,683,587
Weighted average basic shares outstanding 206,444,464 211,724,082 206,459,701 211,910,872