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Consolidated Condensed Statements of Operations (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Jun. 30, 2023
Jun. 30, 2022
Operating revenue $ 285,672 $ 329,565 $ 583,695 $ 616,846
Operating expenses (income):        
Salaries, wages and benefits 96,332 96,460 194,848 185,809
Purchased transportation 48,299 67,480 102,402 124,790
Fuel and fuel taxes 42,215 61,337 89,011 105,705
Supplies and maintenance 17,408 13,352 33,395 25,665
Depreciation 29,427 26,865 58,957 53,008
Operating taxes and licenses 2,756 2,663 5,524 5,303
Insurance and claims 12,481 13,443 27,551 26,147
Communications and utilities 2,510 2,239 5,041 4,504
Gain on disposition of revenue equipment (3,550) (4,812) (8,796) (9,352)
Other 9,581 9,601 18,539 18,472
Total operating expenses 257,459 288,628 526,472 540,051
Operating income (28,213) (40,937) (57,223) (76,795)
Other 1,077 36 1,921 43
Income before income taxes 29,290 40,973 59,144 76,838
Income taxes expense 7,416 9,312 14,768 17,644
Net income $ 21,874 $ 31,661 $ 44,376 $ 59,194
Basic earnings per common share (in dollars per share) $ 0.27 $ 0.39 $ 0.55 $ 0.72
Diluted earnings per common share (in dollars per share) 0.27 0.39 0.55 0.72
Dividends declared per common share (in dollars per share) $ 0.06 $ 0.06 $ 0.12 $ 0.12