XML 49 R31.htm IDEA: XBRL DOCUMENT v3.5.0.2
Segment Reporting (Tables)
 6 Months Ended
Jun. 30, 2016
Segment Reporting [Abstract]  
Financial information of business segments
The following tables set forth financial information for each of our segments and provide a reconciliation between segment EBT and earnings from continuing operations before income taxes for the three and six months ended June 30, 2016 and 2015. Segment results are not necessarily indicative of the results of operations that would have occurred had each segment been an independent, stand-alone entity during the periods presented.
 
FMS
 
DTS
 
SCS
 
Eliminations
 
Total
 
(In thousands)
For the three months ended June 30, 2016
 
 
 
 
 
 
 
 
Revenue from external customers
$
1,043,430

 
258,262

 
402,052

 
—

 
1,703,744

Inter-segment revenue
108,083

 
—

 
—

 
(108,083
)
 
—

Total revenue
$
1,151,513

 
258,262

 
402,052

 
(108,083
)
 
1,703,744

 
 
 
 
 
 
 
 
 
 
Segment EBT
$
111,184

 
16,472

 
28,371

 
(12,766
)
 
143,261

Unallocated CSS
 
 
 
 
 
 
 
 
(11,215
)
     Non-operating pension costs 
 
 
 
 
 
 
 
 
(7,617
)
Pension-related charge (1)
 
 
 
 
 
 
 
 
(7,650
)
Earnings from continuing operations before income taxes
 
 
 
 
 
 
 
 
$
116,779

 
 
 
 
 
 
 
 
 
 
Segment capital expenditures paid (2)
$
502,040

 
363

 
37,139

 
—

 
539,542

Unallocated CSS
 
 
 
 
 
 
 
 
5,609

Capital expenditures paid
 
 
 
 
 
 
 
 
$
545,151

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
For the three months ended June 30, 2015
 
 
 
 
 
 
 
 
Revenue from external customers
$
1,042,476

 
223,514

 
396,941

 
—

 
1,662,931

Inter-segment revenue
106,873

 
—

 
—

 
(106,873
)
 
—

Total revenue
$
1,149,349

 
223,514

 
396,941

 
(106,873
)
 
1,662,931

 
 
 
 
 
 
 
 
 
 
Segment EBT
$
122,452

 
12,435

 
27,699

 
(11,588
)
 
150,998

Unallocated CSS
 
 
 
 
 
 
 
 
(10,924
)
Non-operating pension costs 
 
 
 
 
 
 
 
 
(4,688
)
Professional fees (3)
 
 
 
 
 
 
 
 
(1,939
)
Earnings from continuing operations before income taxes
 
 
 
 
 
 
 
 
$
133,447

 
 
 
 
 
 
 
 
 
 
Segment capital expenditures paid
$
761,542

 
646

 
3,570

 
—

 
765,758

Unallocated CSS
 
 
 
 
 
 
 
 
10,218

Capital expenditures paid
 
 
 
 
 
 
 
 
$
775,976

 ————————————
(1)
During the second quarter of 2016, we determined that certain pension benefit improvements made in 2009 were not fully reflected in our projected benefit obligation. We recognized a charge of $7.7 million related to these benefit improvements.
(2)
Excludes revenue earning equipment acquired under capital leases.
(3)
Charges related to professional fees associated with cost savings initiatives.



 
FMS
 
DTS
 
SCS
 
Eliminations
 
Total
 
(In thousands)
For the six months ended June 30, 2016
 
 
 
 
 
 
 
 
Revenue from external customers
$
2,039,545

 
503,104

 
790,767

 
—

 
3,333,416

Inter-segment revenue
209,896

 
—

 
—

 
(209,896
)
 
—

Total revenue
$
2,249,441

 
503,104

 
790,767

 
(209,896
)
 
3,333,416

 
 
 
 
 
 
 
 
 
 
Segment EBT
$
194,105

 
30,740

 
48,167

 
(24,510
)
 
248,502

Unallocated CSS
 
 
 
 
 
 
 
 
(20,880
)
     Non-operating pension costs
 
 
 
 
 
 
 
 
(14,485
)
Pension-related charge (1)
 
 
 
 
 
 
 
 
(7,650
)
Earnings from continuing operations before income taxes
 
 
 
 
 
 
 
 
$
205,487

 
 
 
 
 
 
 
 
 
 
Segment capital expenditures paid (2)
$
1,062,325

 
880

 
44,462

 
—

 
1,107,667

Unallocated CSS
 
 
 
 
 
 
 
 
12,515

Capital expenditures paid
 
 
 
 
 
 
 
 
$
1,120,182

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
For the six months ended June 30, 2015
 
 
 
 
 
 
 
 
Revenue from external customers
$
2,025,916

 
436,173

 
767,995

 
—

 
3,230,084

Inter-segment revenue
210,583

 
—

 
—

 
(210,583
)
 
—

Total revenue
$
2,236,499

 
436,173

 
767,995

 
(210,583
)
 
3,230,084

 
 
 
 
 
 
 
 
 
 
Segment EBT
$
212,170

 
21,405

 
43,388

 
(23,122
)
 
253,841

Unallocated CSS
 
 
 
 
 
 
 
 
(22,866
)
Non-operating pension costs
 
 
 
 
 
 
 
 
(9,571
)
Professional fees (3)
 
 
 
 
 
 
 
 
(3,780
)
Earnings from continuing operations before income taxes
 
 
 
 
 
 
 
 
$
217,624

 
 
 
 
 
 
 
 
 
 
Segment capital expenditures paid (2)
$
1,300,285

 
1,355

 
9,557

 
—

 
1,311,197

Unallocated CSS
 
 
 
 
 
 
 
 
18,021

Capital expenditures paid
 
 
 
 
 
 
 
 
$
1,329,218

 ————————————
(1)
During the second quarter of 2016, we determined that certain pension benefit improvements made in 2009 were not fully reflected in our projected benefit obligation. We recognized a charge of $7.7 million related to these benefit improvements.
(2)
Excludes revenue earning equipment acquired under capital leases.
(3)
Charges related to professional fees associated with cost savings initiatives.