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Consolidated Condensed Statements of Operations (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2024
Sep. 30, 2023
Sep. 30, 2024
Sep. 30, 2023
Operating revenue $ 237,366 $ 279,538 $ 733,276 $ 863,233
Operating expenses (income):        
Salaries, wages and benefits 83,442 92,620 258,723 287,468
Purchased transportation 44,862 49,673 129,911 152,075
Fuel and fuel taxes 35,781 48,695 114,151 137,706
Supplies and maintenance 16,464 17,896 49,006 51,291
Depreciation 27,392 29,017 84,125 87,974
Operating taxes and licenses 2,505 2,821 7,619 8,345
Insurance and claims 13,759 13,254 37,975 40,805
Communications and utilities 2,166 2,584 6,834 7,625
Gain on disposition of revenue equipment (881) (3,014) (4,584) (11,810)
Other 7,607 8,762 23,023 27,301
Total operating expenses 233,097 262,308 706,783 788,780
Operating income 4,269 17,230 26,493 74,453
Other (922) (1,017) (2,732) (2,938)
Income before income taxes 5,191 18,247 29,225 77,391
Income taxes expense 1,437 4,649 7,936 19,417
Net income $ 3,754 $ 13,598 $ 21,289 $ 57,974
Basic earnings per common share (in dollars per share) $ 0.05 $ 0.17 $ 0.26 $ 0.71
Diluted earnings per common share (in dollars per share) 0.05 0.17 0.26 0.71
Dividends declared per common share (in dollars per share) $ 0.06 $ 0.06 $ 0.18 $ 0.18