XML 13 R2.htm IDEA: XBRL DOCUMENT v3.20.2
Condensed Consolidated Statements of Earnings - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2020
Jun. 30, 2019
Jun. 30, 2020
Jun. 30, 2019
Lease & related maintenance and rental revenues $ 868,660 $ 933,833 $ 1,796,416 $ 1,833,392
Revenues 1,895,282 2,244,993 4,056,588 4,425,320
Other operating expenses 29,849 29,663 63,414 63,289
Selling, general and administrative expenses 208,564 226,416 432,683 457,741
Non-operating pension costs 936 6,713 2,157 13,175
Used vehicle sales, net 9,488 18,140 30,172 26,357
Interest expense 67,285 60,759 129,851 116,095
Miscellaneous (income) loss, net (9,946) (21,911) (1,278) (30,133)
Restructuring and other items, net 37,200 9,836 68,147 16,014
Total expenses 1,990,059 2,141,924 4,264,999 4,254,100
Earnings (loss) from continuing operations before income taxes (94,777) 103,069 (208,411) 171,220
Provision for (benefit from) income taxes (21,072) 27,617 (25,577) 49,878
Earnings (loss) from continuing operations (73,705) 75,452 (182,834) 121,342
Earnings (loss) from discontinued operations, net of tax (394) (237) (878) (811)
Net earnings (loss) $ (74,099) $ 75,215 $ (183,712) $ 120,531
Earnings (loss) per common share — Basic        
Continuing operations (in dollars per share) $ (1.41) $ 1.44 $ (3.50) $ 2.31
Discontinued operations (in dollars per share) (0.01) 0 (0.02) (0.02)
Net earnings (loss) (in dollars per share) (1.42) 1.43 (3.52) 2.29
Earnings (loss) per common share — Diluted        
Continuing operations (in dollars per share) (1.41) 1.43 (3.50) 2.30
Discontinued operations (in dollars per share) (0.01) 0 (0.02) (0.02)
Net earnings (loss) (in dollars per share) $ (1.42) $ 1.43 $ (3.52) $ 2.28
Service        
Revenues $ 942,267 $ 1,159,100 $ 2,054,455 $ 2,291,148
Cost of services sold 793,353 976,405 1,747,782 1,948,095
Fuel Services        
Revenues 84,355 152,060 205,717 300,780
Cost of services sold 77,980 148,363 198,429 291,638
Lease, Related Maintenance and Rental        
Cost of services sold $ 775,350 $ 687,540 $ 1,593,642 $ 1,351,829