Quarterly Financial Information

12 Months Ended

Dec. 31, 2014

Selected Quarterly Financial Information [Abstract]

Note 9. Quarterly Financial Information (Unaudited)

A summary of our unaudited quarterly financial information for 2014 and 2013 is provided below. Our tonnage levels and revenue mix are subject to seasonal trends common in the motor carrier industry. Financial results in the first quarter are normally lower due to reduced shipments during the winter months. Harsh winter weather can also adversely impact our performance by reducing demand and increasing operating expenses.



	Quarter
(In thousands, except per share data)	First		Second		Third		Fourth		Total
2014
Revenue	$	620,276	$	702,987	$	743,586	$	721,048	$	2,787,897
Operating income	80,052		122,695		126,262		112,298		441,307
Net income	45,887		73,849		77,909		69,869		267,514
Earnings per share:
Basic and diluted	0.53		0.86		0.90		0.81		3.10

2013
Revenue	$	538,416	$	590,304	$	616,458	$	592,470	$	2,337,648
Operating income	65,944		97,573		98,076		76,845		338,438
Net income	40,553		58,255		60,149		47,156		206,113
Earnings per share:
Basic and diluted	0.47		0.68		0.70		0.55		2.39

- Definition

The entire disclosure for the quarterly financial data in the annual financial statements. The disclosure may include a tabular presentation of financial information for each fiscal quarter for the current and previous year, including revenues, gross profit, income or loss before extraordinary items and earnings per share data. It also includes an indication if the information in the note is unaudited, comments on the aggregate effect of year-end adjustments, and an explanation of matters or transactions that affect comparability or are pertinent to an understanding of the information furnished.

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