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Consolidated Statements of Earnings - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2018
Dec. 31, 2017
Dec. 31, 2016
Revenues:      
Revenues $ 8,138,365 $ 6,920,948 $ 6,098,037
Operating Expenses:      
Salaries and related costs 1,393,259 1,267,120 1,157,635
Rent and occupancy costs 152,813 119,732 108,812
Depreciation and amortization 54,019 49,310 46,796
Selling and promotion 45,346 44,290 41,763
Other 178,373 138,477 138,867
Total operating expenses 7,341,802 6,220,688 5,427,874
Operating income 796,563 700,260 670,163
Other Income (Expense):      
Interest income 19,153 13,204 11,580
Other, net 2,613 5,131 5,113
Other income, net 21,766 18,335 16,693
Earnings before income taxes 818,329 718,595 686,856
Income tax expense 198,539 228,212 254,323
Net earnings 619,790 490,383 432,533
Less net earnings attributable to the noncontrolling interest 1,591 1,038 1,726
Net earnings attributable to shareholders $ 618,199 $ 489,345 $ 430,807
Diluted earnings attributable to shareholders per share $ 3.48 $ 2.69 $ 2.36
Basic earnings attributable to shareholders per share $ 3.55 $ 2.73 $ 2.38
Weighted average diluted shares outstanding 177,833 181,666 182,704
Weighted average basic shares outstanding 174,133 179,247 181,282
Airfreight services      
Revenues:      
Revenues $ 3,271,932 $ 2,877,032 $ 2,453,347
Operating Expenses:      
Direct Operating Costs 2,410,793 2,126,761 1,752,167
Ocean freight and ocean services      
Revenues:      
Revenues 2,251,754 2,107,045 1,917,494
Operating Expenses:      
Direct Operating Costs 1,664,168 1,543,740 1,378,699
Customs brokerage and other services      
Revenues:      
Revenues 2,614,679 1,936,871 1,727,196
Operating Expenses:      
Direct Operating Costs $ 1,443,031 $ 931,258 $ 803,135