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Consolidated Condensed Statements of Operations (Unaudited) (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended 9 Months Ended
Sep. 30, 2012
Sep. 30, 2011
Sep. 30, 2012
Sep. 30, 2011
OPERATING REVENUE $ 163,606 $ 156,348 $ 472,044 $ 445,339
OPERATING EXPENSES (INCOME):        
Salaries, wages and benefits 42,352 37,775 120,021 108,287
Purchased transportation 32,428 31,354 92,021 89,362
Fuel and fuel taxes 43,020 40,590 121,659 115,845
Supplies and maintenance 10,581 11,030 29,958 30,466
Depreciation 15,537 14,758 45,114 42,358
Operating taxes and licenses 1,694 1,644 4,893 4,577
Insurance and claims 4,809 4,617 15,816 13,330
Communications and utilities 1,265 1,168 3,637 3,396
Gain on disposition of revenue equipment (1,349) (1,084) (4,053) (2,819)
Other 3,429 3,385 10,336 10,458
Total operating expenses 153,766 145,237 439,402 415,260
OPERATING INCOME 9,840 11,111 32,642 30,079
NET INTEREST INCOME (6) (18) (40) (6)
INCOME BEFORE INCOME TAXES 9,846 11,129 32,682 30,085
Less: Income before income taxes attributable to noncontrolling interest 61 318 467 708
INCOME BEFORE INCOME TAXES ATTRIBUTABLE TO MARTEN TRANSPORT, LTD. 9,785 10,811 32,215 29,377
PROVISION FOR INCOME TAXES 3,267 4,478 12,667 12,755
NET INCOME $ 6,518 $ 6,333 $ 19,548 $ 16,622
BASIC EARNINGS PER COMMON SHARE (in Dollars per share) $ 0.30 $ 0.29 $ 0.89 $ 0.76
DILUTED EARNINGS PER COMMON SHARE (in Dollars per share) $ 0.29 $ 0.29 $ 0.88 $ 0.75
DIVIDENDS PAID PER COMMON SHARE (in Dollars per share) $ 0.025 $ 0.02 $ 0.07 $ 0.06