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Consolidated Condensed Statements of Operations (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2023
Sep. 30, 2022
Sep. 30, 2023
Sep. 30, 2022
Operating revenue $ 279,538 $ 324,448 $ 863,233 $ 941,294
Operating expenses (income):        
Salaries, wages and benefits 92,620 99,773 287,468 285,582
Purchased transportation 49,673 64,403 152,075 189,193
Fuel and fuel taxes 48,695 57,299 137,706 163,004
Supplies and maintenance 17,896 14,855 51,291 40,520
Depreciation 29,017 28,381 87,974 81,389
Operating taxes and licenses 2,821 2,748 8,345 8,051
Insurance and claims 13,254 11,949 40,805 38,096
Communications and utilities 2,584 2,135 7,625 6,639
Gain on disposition of revenue equipment (3,014) (1,070) (11,810) (10,422)
Other 8,762 10,209 27,301 28,681
Total operating expenses 262,308 290,682 788,780 830,733
Operating income (17,230) (33,766) (74,453) (110,561)
Other 1,017 264 2,938 307
Income before income taxes 18,247 34,030 77,391 110,868
Income taxes expense 4,649 8,384 19,417 26,028
Net income $ 13,598 $ 25,646 $ 57,974 $ 84,840
Basic earnings per common share (in dollars per share) $ 0.17 $ 0.32 $ 0.71 $ 1.04
Diluted earnings per common share (in dollars per share) 0.17 0.32 0.71 1.03
Dividends declared per common share (in dollars per share) $ 0.06 $ 0.06 $ 0.18 $ 0.18