XML 70 R53.htm IDEA: XBRL DOCUMENT v3.6.0.2
Quarterly Results (Unaudited) (Detail) - USD ($)
$ / shares in Units, $ in Thousands
3 Months Ended 12 Months Ended
Dec. 31, 2016
Sep. 30, 2016
Jun. 30, 2016
Mar. 31, 2016
Dec. 31, 2015
Sep. 30, 2015
Jun. 30, 2015
Mar. 31, 2015
Dec. 31, 2016
Dec. 31, 2015
Dec. 31, 2014
Selected Quarterly Financial Information [Abstract]                      
Revenues $ 1,642,007 $ 1,562,394 $ 1,475,164 $ 1,418,472 $ 1,596,221 $ 1,651,332 $ 1,691,553 $ 1,677,526 $ 6,098,037 $ 6,616,632 $ 6,564,721
Net revenues 548,591 545,259 553,117 517,069 536,169 569,981 552,141 529,486 2,164,036 [1] 2,187,777 [1] 1,981,427 [1]
Net earnings 111,098 107,949 116,439 97,047 115,100 118,736 118,329 107,332 432,533 459,497 379,460
Net earnings attributable to shareholders $ 110,590 $ 107,581 $ 116,052 $ 96,584 $ 114,449 $ 118,310 $ 117,760 $ 106,704 $ 430,807 $ 457,223 $ 376,888
Diluted earnings attributable to shareholders per share $ 0.61 $ 0.59 $ 0.63 $ 0.53 $ 0.61 $ 0.62 $ 0.61 $ 0.55 $ 2.36 $ 2.40 $ 1.92
Basic earnings attributable to shareholders per share $ 0.61 $ 0.59 $ 0.64 $ 0.53 $ 0.62 $ 0.63 $ 0.62 $ 0.56 $ 2.38 $ 2.42 $ 1.92
[1] Net revenues are a non-GAAP measure calculated as revenues less directly related operating expenses attributable to the Company's principal services. The Company's management believes that net revenues are a better measure than total revenues when evaluating the Company's operating segment performance since total revenues earned as a freight consolidator include the carriers' charges for carrying the shipment, whereas revenues earned in other capacities include primarily the commissions and fees earned by the Company. Net revenue is one of the Company's primary operational and financial measures and demonstrates the Company's ability to concentrate and leverage purchasing power through effective consolidation of shipments from customers utilizing a variety of transportation carriers and optimal routings.