XML 12 R4.htm IDEA: XBRL DOCUMENT v2.3.0.15
Consolidated Condensed Statements of Operations (Unaudited) (USD $)
In Thousands, except Per Share data
3 Months Ended9 Months Ended
Sep. 30, 2011
Sep. 30, 2010
Sep. 30, 2011
Sep. 30, 2010
OPERATING REVENUE$ 156,348$ 128,674$ 445,339$ 380,348
OPERATING EXPENSES (INCOME):    
Salaries, wages and benefits37,77532,767108,28797,153
Purchased transportation31,35426,27589,36280,380
Fuel and fuel taxes40,59028,558115,84584,318
Supplies and maintenance11,0308,27630,46625,883
Depreciation14,75812,88442,35838,533
Operating taxes and licenses1,6441,5054,5774,584
Insurance and claims4,6174,41313,33012,249
Communications and utilities1,1681,1433,3963,010
Gain on disposition of revenue equipment(1,084)(184)(2,819)(812)
Other3,3853,05110,4588,837
Total operating expenses145,237118,688415,260354,135
OPERATING INCOME11,1119,98630,07926,213
NET INTEREST (INCOME) EXPENSE(18)44(6)(36)
INCOME BEFORE INCOME TAXES11,1299,94230,08526,249
Less: Income before income taxes attributable to noncontrolling interest318308708365
INCOME BEFORE INCOME TAXES ATTRIBUTABLE TO MARTEN TRANSPORT, LTD.10,8119,63429,37725,884
PROVISION FOR INCOME TAXES4,4784,15212,75511,352
NET INCOME$ 6,333$ 5,482$ 16,622$ 14,532
BASIC EARNINGS PER COMMON SHARE (in Dollars per share)$ 0.29$ 0.25$ 0.76$ 0.66
DILUTED EARNINGS PER COMMON SHARE (in Dollars per share)$ 0.29$ 0.25$ 0.75$ 0.66
DIVIDENDS PAID PER COMMON SHARE (in Dollars per share)$ 0.02$ 0.02$ 0.06$ 0.02