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Consolidated Statements Of Income - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Sep. 30, 2022
Sep. 30, 2021
Operating revenues $ 827,606 $ 702,891 $ 2,428,487 $ 1,969,151
Operating expenses:        
Salaries, wages and benefits 264,443 234,250 760,078 649,198
Fuel 111,985 64,692 325,852 174,033
Supplies and maintenance 68,009 57,067 187,690 152,628
Taxes and licenses 25,016 24,419 72,640 71,396
Insurance and claims 34,501 27,702 103,064 70,497
Depreciation and amortization 70,397 68,615 206,097 196,431
Rent and purchased transportation 187,449 161,061 569,802 458,474
Communications and utilities 3,720 3,598 11,427 9,953
Other (14,175) (9,837) (42,858) (24,117)
Total operating expenses 751,345 631,567 2,193,792 1,758,493
Operating income 76,261 71,324 234,695 210,658
Other expense (income):        
Interest expense 2,778 1,284 6,004 2,823
Interest income (392) (287) (980) (918)
Gain on investment in equity securities, net (114) (16,090) (14,403) (36,281)
Other 77 50 276 146
Total other expense (income) 2,349 (15,043) (9,103) (34,230)
Income before income taxes 73,912 86,367 243,798 244,888
Income tax expense 17,987 21,278 59,229 61,275
Net income 55,925 65,089 184,569 183,613
Net income attributable to noncontrolling interest (874) (1,328) (3,479) (1,328)
Net income attributable to Werner $ 55,051 $ 63,761 $ 181,090 $ 182,285
Earnings per share:        
Basic $ 0.87 $ 0.94 $ 2.81 $ 2.69
Diluted $ 0.86 $ 0.94 $ 2.79 $ 2.68
Weighted-average common shares outstanding:        
Basic 63,386 67,475 64,433 67,776
Diluted 63,782 67,834 64,819 68,136