XML 33 R61.htm IDEA: XBRL DOCUMENT v2.4.0.6
Quarterly Financial Data (Details) (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended 12 Months Ended
Dec. 31, 2011
Sep. 24, 2011
Jun. 25, 2011
Mar. 26, 2011
Dec. 25, 2010
Sep. 25, 2010
Jun. 26, 2010
Mar. 27, 2010
Dec. 31, 2011
Dec. 25, 2010
Dec. 26, 2009
Quarterly Financial Data [Abstract]                      
Revenue $ 717,522 $ 684,013 $ 675,561 $ 571,986 $ 587,535 $ 622,826 $ 641,721 $ 548,088 $ 2,649,082 $ 2,400,170 $ 2,008,796
Operating income 50,950 49,533 48,670 34,092 35,808 35,886 39,982 28,295 183,245 139,971 113,742
Income before income taxes 50,178 48,798 47,893 33,264 34,884 34,851 39,172 27,441 180,133 136,348 109,712
Income taxes 17,546 18,640 18,295 12,707 11,005 13,315 14,962 10,484 67,188 49,766 39,762
Net income 32,632 30,158 29,598 20,557 23,879 21,536 24,210 16,957 112,945 86,582 69,950
Less: Net loss attributable to noncontrolling interest       (62) (220) (266) (227) (219) (62) (932) (445)
Net income attributable to Landstar System, Inc. and subsidiary $ 32,632 $ 30,158 $ 29,598 $ 20,619 $ 24,099 $ 21,802 $ 24,437 $ 17,176 $ 113,007 $ 87,514 $ 70,395
Earnings per common share attributable to Landstar System, Inc. and subsidiary $ 0.70 [1] $ 0.64 [1] $ 0.62 [1] $ 0.43 [1] $ 0.50 [1] $ 0.44 [1] $ 0.49 [1] $ 0.34 [1] $ 2.38 $ 1.77 $ 1.38
Diluted earnings per share attributable to Landstar System, Inc. and subsidiary $ 0.70 [1] $ 0.64 [1] $ 0.62 [1] $ 0.43 [1] $ 0.50 [1] $ 0.44 [1] $ 0.49 [1] $ 0.34 [1] $ 2.38 $ 1.77 $ 1.37
Dividends paid per common share $ 0.055 $ 0.055 $ 0.050 $ 0.050 $ 0.050 $ 0.050 $ 0.045 $ 0.045 $ 0.21 $ 0.19 $ 0.17
[1] Due to the changes in the number of average common shares and common stock equivalents outstanding during the year, the sum of earnings per share amounts for each quarter do not necessarily sum in the aggregate to the earnings per share amounts for the full year.