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Consolidated Condensed Statements of Operations (Unaudited) (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended 6 Months Ended
Jun. 30, 2012
Jun. 30, 2011
Jun. 30, 2012
Jun. 30, 2011
OPERATING REVENUE $ 156,964 $ 151,135 $ 308,438 $ 288,991
OPERATING EXPENSES (INCOME):        
Salaries, wages and benefits 39,398 36,413 77,669 70,512
Purchased transportation 29,734 29,991 59,593 58,008
Fuel and fuel taxes 39,515 39,915 78,639 75,255
Supplies and maintenance 9,841 9,774 19,377 19,436
Depreciation 15,042 14,084 29,577 27,600
Operating taxes and licenses 1,617 1,516 3,199 2,933
Insurance and claims 5,185 4,412 11,007 8,713
Communications and utilities 1,161 1,106 2,372 2,228
Gain on disposition of revenue equipment (1,179) (967) (2,704) (1,735)
Other 3,367 3,532 6,907 7,073
Total operating expenses 143,681 139,776 285,636 270,023
OPERATING INCOME 13,283 11,359 22,802 18,968
NET INTEREST (INCOME) EXPENSE (13) (7) (34) 12
INCOME BEFORE INCOME TAXES 13,296 11,366 22,836 18,956
Less: Income before income taxes attributable to noncontrolling interest 245 253 406 390
INCOME BEFORE INCOME TAXES ATTRIBUTABLE TO MARTEN TRANSPORT, LTD. 13,051 11,113 22,430 18,566
PROVISION FOR INCOME TAXES 5,467 4,919 9,400 8,277
NET INCOME $ 7,584 $ 6,194 $ 13,030 $ 10,289
BASIC EARNINGS PER COMMON SHARE (in Dollars per share) $ 0.34 $ 0.28 $ 0.59 $ 0.47
DILUTED EARNINGS PER COMMON SHARE (in Dollars per share) $ 0.34 $ 0.28 $ 0.59 $ 0.47
DIVIDENDS PAID PER COMMON SHARE (in Dollars per share) $ 0.025 $ 0.02 $ 0.045 $ 0.04