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Condensed Consolidated Statements of Earnings - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2017
Sep. 30, 2016
Sep. 30, 2017
Sep. 30, 2016
Revenues:        
Airfreight services $ 735,164 $ 621,566 $ 2,022,577 $ 1,764,512
Ocean freight and ocean services 563,386 495,460 1,585,730 1,414,344
Customs brokerage and other services 503,616 445,368 1,411,270 1,277,174
Total revenues 1,802,166 1,562,394 5,019,577 4,456,030
Operating Expenses:        
Airfreight services 547,595 444,359 1,490,417 1,236,555
Ocean freight and ocean services 411,061 359,991 1,163,051 1,006,710
Customs brokerage and other services 244,368 212,785 675,729 597,320
Salaries and related costs 319,050 291,204 930,159 868,091
Rent and occupancy costs 30,533 27,091 87,826 81,029
Depreciation and amortization 12,272 11,882 36,241 34,853
Selling and promotion 10,608 10,134 32,476 29,817
Other 39,784 37,685 102,429 103,702
Total operating expenses 1,615,271 1,395,131 4,518,328 3,958,077
Operating income 186,895 167,263 501,249 497,953
Other Income (Expense):        
Interest income 3,444 2,924 9,565 8,593
Other, net 96 925 2,584 3,407
Other income (expense), net 3,540 3,849 12,149 12,000
Earnings before income taxes 190,435 171,112 513,398 509,953
Income tax expense 69,829 63,163 190,470 188,518
Net earnings 120,606 107,949 322,928 321,435
Less net earnings attributable to the noncontrolling interest 343 368 550 1,218
Net earnings attributable to shareholders $ 120,263 $ 107,581 $ 322,378 $ 320,217
Diluted earnings attributable to shareholders per share $ 0.66 $ 0.59 $ 1.77 $ 1.75
Basic earnings attributable to shareholders per share 0.67 0.59 1.79 1.76
Common Stock, Dividends, Per Share, Cash Paid $ 0.00 $ 0.00 $ 0.42 $ 0.40
Weighted average diluted shares outstanding 181,788 182,692 181,951 182,958
Weighted average basic shares outstanding 179,416 181,177 179,827 181,645