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Condensed Consolidated Statements of Earnings - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Revenues:    
Revenue from Contract with Customer, Excluding Assessed Tax $ 2,206,678 $ 2,592,589
Operating Expenses:    
Directly related cost of transportation and other expenses [1] 1,433,280 1,719,102
Salaries and related 413,162 449,848
Rent and occupancy 61,252 57,632
Depreciation and amortization 15,161 15,261
Selling and promotion 6,779 6,384
Other 62,268 68,393
Total operating expenses 1,991,902 2,316,620
Operating income 214,776 275,969
Other Income (Expense):    
Interest income 14,878 18,775
Other, net 3,528 5,834
Other income, net 18,406 24,609
Earnings before income taxes 233,182 300,578
Income tax expense 62,782 74,580
Net earnings 170,400 225,998
Less net earnings (losses) attributable to the noncontrolling interest 1,248 (13)
Net earnings attributable to shareholders $ 169,152 $ 226,011
Diluted earnings attributable to shareholders per share $ 1.17 $ 1.45
Basic earnings attributable to shareholders per share $ 1.18 $ 1.47
Weighted average diluted shares outstanding 144,125 155,472
Weighted average basic shares outstanding 143,194 154,164
Airfreight services    
Revenues:    
Revenue from Contract with Customer, Excluding Assessed Tax $ 759,374 $ 904,903
Operating Expenses:    
Directly related cost of transportation and other expenses 537,591 666,022
Ocean freight and ocean services    
Revenues:    
Revenue from Contract with Customer, Excluding Assessed Tax 570,786 697,307
Operating Expenses:    
Directly related cost of transportation and other expenses 413,983 483,682
Customs brokerage and other services    
Revenues:    
Revenue from Contract with Customer, Excluding Assessed Tax 876,518 990,379
Operating Expenses:    
Directly related cost of transportation and other expenses $ 481,706 $ 569,398
[1] Directly related cost of transportation and other expenses totals operating expenses from airfreight services, ocean freight and ocean services and customs brokerage and other services as shown in the condensed consolidated statements of earnings.