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Consolidated Statements of Income - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jul. 01, 2023
Jun. 25, 2022
Jul. 01, 2023
Jun. 25, 2022
Revenue $ 1,373,857 $ 1,975,064 $ 2,809,532 $ 3,945,663
Investment income 2,484 586 3,852 1,307
Costs and expenses:        
Purchased transportation 1,053,197 1,545,688 2,154,491 3,096,018
Commissions to agents 122,478 161,856 248,153 311,634
Other operating costs, net of gains on asset sales/dispositions 13,462 10,381 25,840 21,522
Insurance and claims 29,784 34,052 57,431 64,820
Selling, general and administrative 54,529 58,967 108,096 111,680
Depreciation and amortization 14,941 14,288 30,139 28,045
Total costs and expenses 1,288,391 1,825,232 2,624,150 3,633,719
Operating income 87,950 150,418 189,234 313,251
Interest and debt (income) expense (307) 1,105 (1,033) 2,228
Income before income taxes 88,257 149,313 190,267 311,023
Income taxes 21,698 36,758 45,513 73,629
Net income $ 66,559 $ 112,555 $ 144,754 $ 237,394
Diluted earnings per share $ 1.85 $ 3.05 $ 4.03 $ 6.39
Average diluted shares outstanding 35,941,000 36,905,000 35,962,000 37,162,000
Dividends per common share $ 0.3 $ 0.25 $ 0.6 $ 0.5