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Consolidated Statements of Operations - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
Operating revenue $ 843,271 $ 787,594 $ 698,120
Operating expenses (income):      
Salaries, wages and benefits 274,156 252,047 226,091
Purchased transportation 158,948 144,611 118,349
Fuel and fuel taxes 121,341 121,633 105,390
Supplies and maintenance 46,737 40,853 41,613
Depreciation 95,137 88,585 85,120
Operating taxes and licenses 10,100 9,473 8,993
Insurance and claims 38,201 38,657 38,585
Communications and utilities 7,709 6,634 6,047
Gain on disposition of revenue equipment (8,680) (7,244) (5,499)
Other 23,124 21,997 16,569
Total operating expenses 766,773 717,246 641,258
Operating income 76,498 70,348 56,862
Other (1,190) (681) 389
Income before income taxes 77,688 71,029 56,473
Income taxes expense (benefit) 16,617 16,002 (33,811)
Net income $ 61,071 $ 55,027 $ 90,284
Basic earnings per common share (in dollars per share) $ 1.12 $ 1.01 $ 1.66
Diluted earnings per common share (in dollars per share) 1.11 1.00 1.65
Dividends declared per common share (in dollars per share) $ 0.77 $ 0.10 $ 0.08