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Condensed Consolidated Statements of Earnings (USD $)
In Thousands, except Share data, unless otherwise specified
3 Months Ended 9 Months Ended
Sep. 30, 2013
Sep. 30, 2012
Sep. 30, 2013
Sep. 30, 2012
Revenues:        
Airfreight services $ 628,116 $ 622,678 $ 1,891,459 $ 1,900,131
Ocean freight and ocean services 525,193 549,250 1,462,679 1,502,584
Customs brokerage and other services 381,780 359,736 1,091,889 1,045,271
Total revenues 1,535,089 1,531,664 4,446,027 4,447,986
Operating Expenses:        
Airfreight services 466,699 471,947 1,414,634 1,437,301
Ocean freight and ocean services 409,649 432,518 1,135,299 1,177,919
Customs brokerage and other services 176,716 162,061 499,684 467,406
Salaries and related costs 261,613 252,899 765,599 748,956
Rent and occupancy costs 21,851 21,304 65,640 63,333
Depreciation and amortization 12,629 10,030 35,581 29,245
Selling and promotion 8,306 7,847 23,891 25,370
Other 31,313 27,959 87,289 95,683
Total operating expenses 1,388,776 1,386,565 4,027,617 4,045,213
Operating income 146,313 145,099 418,410 402,773
Other Income (Expense):        
Interest income 2,967 2,831 9,280 9,241
Other, net 1,212 1,050 7,068 4,987
Other income, net 4,179 3,881 16,348 14,228
Earnings before income taxes 150,492 148,980 434,758 417,001
Income tax expense 57,763 60,253 168,756 167,531
Net earnings 92,729 88,727 266,002 249,470
Less net earnings attributable to the noncontrolling interest 329 237 972 318
Net earnings attributable to shareholders $ 92,400 $ 88,490 $ 265,030 $ 249,152
Diluted earnings attributable to shareholders per share $ 0.45 $ 0.42 $ 1.28 $ 1.17
Basic earnings attributable to shareholders per share $ 0.45 $ 0.42 $ 1.28 $ 1.18
Dividends declared and paid per common share $ 0.00 $ 0.00 $ 0.30 $ 0.28
Weighted average diluted shares outstanding 207,368,792 211,397,602 207,351,569 212,916,309
Weighted average basic shares outstanding 206,516,194 210,135,763 206,478,746 211,314,850