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Consolidated Condensed Statements of Operations (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2019
Jun. 30, 2018
Jun. 30, 2019
Jun. 30, 2018
Operating revenue $ 212,090 $ 197,024 $ 411,113 $ 383,984
Operating expenses (income):        
Salaries, wages and benefits 68,613 63,250 132,137 122,072
Purchased transportation 38,668 35,048 76,917 70,074
Fuel and fuel taxes 30,952 31,742 58,629 60,786
Supplies and maintenance 11,502 10,251 22,623 20,687
Depreciation 23,462 22,193 46,005 44,008
Operating taxes and licenses 2,438 2,364 4,771 4,651
Insurance and claims 9,862 8,941 19,737 19,231
Communications and utilities 1,950 1,647 3,900 3,330
Gain on disposition of assets (1,230) (2,160) (2,778) (3,371)
Other 5,929 5,525 11,495 10,699
Total operating expenses 192,146 178,801 373,436 352,167
Operating income 19,944 18,223 37,677 31,817
Other (395) (138) (673) (327)
Income before income taxes 20,339 18,361 38,350 32,144
Income taxes expense 5,149 4,659 9,614 8,111
Net income $ 15,190 $ 13,702 $ 28,736 $ 24,033
Basic earnings per common share (in dollars per share) $ 0.28 $ 0.25 $ 0.53 $ 0.44
Diluted earnings per common share (in dollars per share) 0.28 0.25 0.52 0.44
Dividends declared per common share (in dollars per share) $ 0.03 $ 0.025 $ 0.06 $ 0.05