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Condensed Consolidated Statements of Earnings - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2016
Jun. 30, 2015
Jun. 30, 2016
Jun. 30, 2015
Revenues:        
Airfreight services $ 582,093 $ 693,812 $ 1,142,946 $ 1,401,256
Ocean freight and ocean services 464,692 576,772 918,884 1,142,489
Customs brokerage and other services 428,379 420,969 831,806 825,334
Total revenues 1,475,164 1,691,553 2,893,636 3,369,079
Operating Expenses:        
Airfreight services 403,419 506,988 792,196 1,019,989
Ocean freight and ocean services 323,699 433,356 646,719 878,812
Customs brokerage and other services 194,929 199,068 384,535 388,651
Salaries and related costs 293,532 287,065 576,887 565,943
Rent and occupancy costs 27,079 24,971 53,938 50,359
Depreciation and amortization 11,642 11,420 22,971 22,949
Selling and promotion 10,251 10,529 19,683 19,776
Other 31,749 35,440 66,017 71,001
Total operating expenses 1,296,300 1,508,837 2,562,946 3,017,480
Operating income 178,864 182,716 330,690 351,599
Other Income (Expense):        
Interest income 2,890 2,636 5,669 5,368
Other, net 1,603 3,804 2,482 3,838
Other income, net 4,493 6,440 8,151 9,206
Earnings before income taxes 183,357 189,156 338,841 360,805
Income tax expense 66,918 70,827 125,355 135,144
Net earnings 116,439 118,329 213,486 225,661
Less net earnings attributable to the noncontrolling interest 387 569 850 1,197
Net earnings attributable to shareholders $ 116,052 $ 117,760 $ 212,636 $ 224,464
Diluted earnings attributable to shareholders per share $ 0.63 $ 0.61 $ 1.16 $ 1.17
Basic earnings attributable to shareholders per share 0.64 0.62 1.17 1.17
Dividends declared and paid per common share $ 0.40 $ 0.36 $ 0.40 $ 0.36
Weighted average diluted shares outstanding 183,132 191,918 183,110 192,426
Weighted average basic shares outstanding 181,753 190,679 181,882 191,151