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Consolidated Statements Of Income (USD $)
In Thousands, except Share data
3 Months Ended 6 Months Ended
Jun. 25, 2011
Jun. 26, 2010
Jun. 25, 2011
Jun. 26, 2010
Consolidated Statements Of Income        
Revenue $ 675,561 $ 641,721 $ 1,247,547 $ 1,189,809
Investment income 393 289 921 574
Costs and expenses:        
Purchased transportation 509,982 490,089 941,360 907,290
Commissions to agents 54,004 46,971 98,175 87,379
Other operating costs 7,679 7,968 15,623 15,504
Insurance and claims 13,449 13,831 24,715 26,129
Selling, general and administrative 35,782 36,973 73,046 73,816
Depreciation and amortization 6,388 6,196 12,787 11,988
Total costs and expenses 627,284 602,028 1,165,706 1,122,106
Operating income 48,670 39,982 82,762 68,277
Interest and debt expense 777 810 1,605 1,664
Income before income taxes 47,893 39,172 81,157 66,613
Income taxes 18,295 14,962 31,002 25,446
Net income 29,598 24,210 50,155 41,167
Less: Net loss attributable to noncontrolling interest   (227) (62) (446)
Net income attributable to Landstar System, Inc. and subsidiary $ 29,598 $ 24,437 $ 50,217 $ 41,613
Earnings per common share attributable to Landstar System, Inc. and subsidiary $ 0.62 $ 0.49 $ 1.05 $ 0.83
Diluted earnings per share attributable to Landstar System, Inc. and subsidiary $ 0.62 $ 0.49 $ 1.05 $ 0.83
Average number of shares outstanding:        
Earnings per common share 47,782,000 50,123,000 47,826,000 50,165,000
Diluted earnings per share 47,912,000 50,215,000 47,907,000 50,259,000
Dividends paid per common share $ 0.050 $ 0.045 $ 0.100 $ 0.090