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Consolidated Statements Of Income - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Jun. 30, 2022
Jun. 30, 2021
Operating revenues $ 836,276 $ 649,814 $ 1,600,881 $ 1,266,260
Operating expenses:        
Salaries, wages and benefits 253,639 210,095 495,635 414,948
Fuel 125,446 58,503 213,867 109,341
Supplies and maintenance 62,656 49,414 119,681 95,561
Taxes and licenses 23,791 23,744 47,624 46,977
Insurance and claims 41,071 20,739 68,563 42,795
Depreciation and amortization 68,471 63,865 135,700 127,816
Rent and purchased transportation 197,116 150,920 382,353 297,413
Communications and utilities 3,781 3,333 7,707 6,355
Other (14,618) (7,662) (28,683) (14,280)
Total operating expenses 761,353 572,951 1,442,447 1,126,926
Operating income 74,923 76,863 158,434 139,334
Other expense (income):        
Interest expense 1,787 701 3,226 1,539
Interest income (313) (334) (588) (631)
Gain on investment in equity securities, net (24,095) (20,191) (14,289) (20,191)
Other 126 54 199 96
Total other expense (income) (22,495) (19,770) (11,452) (19,187)
Income before income taxes 97,418 96,633 169,886 158,521
Income tax expense 23,809 24,601 41,242 39,997
Net income 73,609 72,032 128,644 118,524
Net income attributable to noncontrolling interest (1,319) 0 (2,605) 0
Net income attributable to Werner $ 72,290 $ 72,032 $ 126,039 $ 118,524
Earnings per share:        
Basic $ 1.12 $ 1.06 $ 1.94 $ 1.74
Diluted $ 1.12 $ 1.06 $ 1.93 $ 1.74
Weighted-average common shares outstanding:        
Basic 64,394 67,926 64,965 67,929
Diluted 64,726 68,216 65,327 68,237