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Consolidated Statements Of Income - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2021
Jun. 30, 2020
Jun. 30, 2021
Jun. 30, 2020
Operating revenues $ 649,814 $ 568,959 $ 1,266,260 $ 1,161,662
Operating expenses:        
Salaries, wages and benefits 210,095 194,981 414,948 400,978
Fuel 58,503 30,677 109,341 79,448
Supplies and maintenance 49,414 43,343 95,561 89,064
Taxes and licenses 23,744 23,953 46,977 46,803
Insurance and claims 20,739 25,789 42,795 61,853
Depreciation 63,865 67,670 127,816 136,507
Rent and purchased transportation 150,920 120,704 297,413 247,146
Communications and utilities 3,333 3,536 6,355 7,344
Other (7,662) 5,488 (14,280) 8,635
Total operating expenses 572,951 516,141 1,126,926 1,077,778
Operating income 76,863 52,818 139,334 83,884
Other expense (income):        
Interest expense 701 1,161 1,539 2,752
Interest income (334) (377) (631) (1,003)
Gain on equity investment (20,191) 0 (20,191) 0
Other 54 23 96 68
Total other expense (income) (19,770) 807 (19,187) 1,817
Income before income taxes 96,633 52,011 158,521 82,067
Income taxes 24,601 12,879 39,997 19,877
Net income $ 72,032 $ 39,132 $ 118,524 $ 62,190
Earnings per share:        
Basic $ 1.06 $ 0.57 $ 1.74 $ 0.90
Diluted $ 1.06 $ 0.56 $ 1.74 $ 0.89
Weighted-average common shares outstanding:        
Basic 67,926 69,093 67,929 69,173
Diluted 68,216 69,435 68,237 69,531