OPERATING SEGMENT DATA (Tables)

12 Months Ended

Dec. 31, 2012

OPERATING SEGMENT DATA

Schedule of reportable operating segment information

The following table reflects reportable operating segment information for the years ended December 31:

	2012(1)			2011			2010
				(in thousands)
OPERATING REVENUES
Freight Transportation	$	1,725,134		$	1,730,773		$	1,514,108
Premium Logistics and Expedited Freight Services(1)	132,326			–			–
Truck Brokerage and Management	42,710			25,429			19,241
Emergency and Preventative Maintenance	115,968			92,554			74,927
Household Goods Moving Services	77,619			85,611			63,733
Other and eliminations	(27,758		)	(26,758		)	(14,145		)
Total consolidated operating revenues	$	2,065,999		$	1,907,609		$	1,657,864
OPERATING EXPENSES AND COSTS
Freight Transportation
Salaries, wages, and benefits	$	1,073,205		$	1,061,213		$	1,004,267
Fuel, supplies, and expenses	330,063			333,779			262,420
Operating taxes and licenses	43,337			45,469			43,539
Insurance	20,751			24,490			18,745
Communications and utilities	14,733			15,118			14,655
Depreciation and amortization	78,748			70,810			68,695
Rents and purchased transportation	176,977			169,212			154,119
Gain on sale of property and equipment	(711		)	(2,370		)	(1,338		)
Pension settlement expense	–			1,125			178
Other	7,441			8,318			8,568
Total Freight Transportation	1,744,544			1,727,164			1,573,848
Premium Logistics and Expedited Freight Services(1)
Purchased transportation	101,559			–			–
Depreciation and amortization	5,438			–			–
Salaries, benefits, insurance, and other	22,927			–			–
Total Premium Logistics and Expedited Freight Services	129,924			–			–
Truck Brokerage and Management	40,087			23,539			17,868
Emergency and Preventative Maintenance	114,033			89,572			72,208
Household Goods Moving Services	76,927			82,893			62,014
Other and eliminations	(24,948		)	(25,318		)	(13,529		)
Total consolidated operating expenses and costs	$	2,080,567		$	1,897,850		$	1,712,409
OPERATING INCOME (LOSS)
Freight Transportation	$	(19,410	)	$	3,609		$	(59,740	)
Premium Logistics and Expedited Freight Services(1)	2,402			–			–
Truck Brokerage and Management	2,623			1,890			1,373
Emergency and Preventative Maintenance	1,935			2,982			2,719
Household Goods Moving Services	692			2,718			1,719
Other and eliminations	(2,810		)	(1,440		)	(616		)
Total consolidated operating income (loss)	$	(14,568	)	$	9,759		$	(54,545	)
OTHER INCOME (EXPENSE)
Interest and dividend income	$	808		$	1,069		$	1,194
Interest expense and other related financing costs	(5,273		)	(3,953		)	(2,852		)
Other, net(2)	2,041			2,618			2,406
	(2,424		)	(266		)	748
INCOME (LOSS) BEFORE INCOME TAXES	$	(16,992	)	$	9,493		$	(53,797	)

(1) Includes operations of the Premium Logistics and Expedited Freight Services segment since the June 15, 2012 acquisition of Panther.

(2) Other, net includes gains on cash surrender value and proceeds of life insurance policies.

Schedule of asset, capital expenditure, and depreciation and amortization information by reportable operating segment

	December 31
	2012		2011		2010
			(in thousands)
ASSETS
Freight Transportation	$	556,195	$	600,239	$	565,461
Premium Logistics and Expedited Freight Services	222,280		–		–
Truck Brokerage and Management	9,656		6,225		5,250
Emergency and Preventative Maintenance	18,413		13,634		12,373
Household Goods Moving Services	21,754		20,687		18,016
Other and eliminations(1)	206,164		275,435		259,851
	$	1,034,462	$	916,220	$	860,951
	For the year ended December 31
	2012		2011		2010
			(in thousands)
CAPITAL EXPENDITURES, GROSS
Freight Transportation(2)	$	68,235	$	78,875	$	44,637
Premium Logistics and Expedited Freight Services(3)	1,579		–		–
Truck Brokerage and Management	45		163		12
Emergency and Preventative Maintenance	685		307		311
Household Goods Moving Services	416		480		209
Other and eliminations	4,291		3,812		2,596
	$	75,251	$	83,637	$	47,765
	For the year ended December 31
	2012		2011		2010
			(in thousands)
DEPRECIATION AND AMORTIZATION EXPENSE
Freight Transportation	$	78,748	$	70,810	$	68,695
Premium Logistics and Expedited Freight Services(3)(4)	3,179		–		–
Truck Brokerage and Management	288		154		153
Emergency and Preventative Maintenance	497		476		514
Household Goods Moving Services	413		332		323
Other and eliminations	2,368		1,970		1,880
	$	85,493	$	73,742	$	71,565

(1) Includes certain assets held by the parent holding company for strategic reasons, including unrestricted and restricted cash, cash equivalents, and short-term investments, as well as certain assets held for the benefit of multiple segments, including land and structures of the Company’s corporate headquarters and information systems equipment. Depreciation and amortization associated with these assets is allocated to the reporting segments.

(2) Includes assets acquired through notes payable and capital leases of $38.0 million, $30.4 million, and $36.3 million in 2012, 2011, and 2010, respectively.

(3) Includes operations of the Premium Logistics and Expedited Freight Services segment since the June 15, 2012 acquisition of Panther.

(4) Excludes amortization of intangibles which totaled $2.3 million in 2012 (see Note E).