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Condensed Consolidated Statements of Earnings - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2016
Sep. 30, 2015
Sep. 30, 2016
Sep. 30, 2015
Revenues:        
Airfreight services $ 621,566 $ 659,607 $ 1,764,512 $ 2,060,863
Ocean freight and ocean services 495,460 559,976 1,414,344 1,702,465
Customs brokerage and other services 445,368 431,749 1,277,174 1,257,083
Total revenues 1,562,394 1,651,332 4,456,030 5,020,411
Operating Expenses:        
Airfreight services 444,359 464,161 1,236,555 1,484,150
Ocean freight and ocean services 359,991 416,075 1,006,710 1,294,887
Customs brokerage and other services 212,785 201,115 597,320 589,766
Salaries and related costs 291,204 295,566 868,091 861,509
Rent and occupancy costs 27,091 25,747 81,029 76,106
Depreciation and amortization 11,882 11,475 34,853 34,424
Selling and promotion 10,134 10,370 29,817 30,146
Other 37,685 34,930 103,702 105,931
Total operating expenses 1,395,131 1,459,439 3,958,077 4,476,919
Operating income 167,263 191,893 497,953 543,492
Other Income (Expense):        
Interest income 2,924 2,666 8,593 8,034
Other, net 925 (3,085) 3,407 753
Other income (expense), net 3,849 (419) 12,000 8,787
Earnings before income taxes 171,112 191,474 509,953 552,279
Income tax expense 63,163 72,738 188,518 207,882
Net earnings 107,949 118,736 321,435 344,397
Less net earnings attributable to the noncontrolling interest 368 426 1,218 1,623
Net earnings attributable to shareholders $ 107,581 $ 118,310 $ 320,217 $ 342,774
Diluted earnings attributable to shareholders per share $ 0.59 $ 0.62 $ 1.75 $ 1.79
Basic earnings attributable to shareholders per share 0.59 0.63 1.76 1.80
Dividends declared and paid per common share $ 0.00 $ 0.00 $ 0.40 $ 0.36
Weighted average diluted shares outstanding 182,692 189,642 182,958 191,448
Weighted average basic shares outstanding 181,177 188,424 181,645 190,232