OPERATING SEGMENT DATA (Tables)

9 Months Ended

Sep. 30, 2014

OPERATING SEGMENT DATA

Schedule of reportable operating segment information

	Three Months Ended						Nine Months Ended
	September 30						September 30
	2014			2013			2014			2013
	(in thousands)
REVENUES
Freight Transportation (ABF Freight)	$	523,351		$	471,031		$	1,445,079		$	1,325,062
Premium Logistics (Panther)	82,784			65,851			236,435			179,533
Emergency & Preventative Maintenance (FleetNet)	40,117			37,047			120,123			102,504
Transportation Management (ABF Logistics)	40,672			28,669			105,882			74,554
Household Goods Moving Services (ABF Moving)	35,338			30,530			72,943			65,358
Other and eliminations	(10,967		)	(9,714		)	(32,617		)	(26,012		)
Total consolidated revenues	$	711,295		$	623,414		$	1,947,845		$	1,720,999
OPERATING EXPENSES
Freight Transportation (ABF Freight)
Salaries, wages, and benefits	$	294,826		$	276,683		$	835,354		$	816,502
Fuel, supplies, and expenses	91,406			84,714			275,473			250,486
Operating taxes and licenses	11,262			10,864			34,525			32,793
Insurance	6,498			6,858			17,859			17,410
Communications and utilities	3,768			3,724			11,741			11,535
Depreciation and amortization	17,746			17,621			50,925			56,162
Rents and purchased transportation	69,985			50,507			172,954			133,236
Gain on sale of property and equipment	(333		)	(93		)	(576		)	(487		)
Pension settlement expense	627			1,612			4,224			1,612
Other	2,829			1,325			7,211			5,649
Total Freight Transportation (ABF Freight)	498,614			453,815			1,409,690			1,324,898
Premium Logistics (Panther)
Purchased transportation	61,298			50,220			176,057			137,489
Depreciation and amortization(1)	2,891			2,665			8,465			7,809
Salaries, benefits, insurance, and other	14,476			9,864			40,072			30,490
Total Premium Logistics (Panther)	78,665			62,749			224,594			175,788
Emergency & Preventative Maintenance (FleetNet)	39,378			36,202			117,283			100,137
Transportation Management (ABF Logistics)	39,612			28,128			103,433			72,990
Household Goods Moving Services (ABF Moving)	32,029			28,695			69,852			62,806
Other and eliminations	(9,944		)	(6,677		)	(28,197		)	(21,188		)
Total consolidated operating expenses	$	678,354		$	602,912		$	1,896,655		$	1,715,431
OPERATING INCOME
Freight Transportation (ABF Freight)	$	24,737		$	17,216		$	35,389		$	164
Premium Logistics (Panther)	4,119			3,102			11,841			3,745
Emergency & Preventative Maintenance (FleetNet)	739			845			2,840			2,367
Transportation Management (ABF Logistics)	1,060			541			2,449			1,564
Household Goods Moving Services (ABF Moving)	3,309			1,835			3,091			2,552
Other and eliminations	(1,023		)	(3,037		)	(4,420		)	(4,824		)
Total consolidated operating income	$	32,941		$	20,502		$	51,190		$	5,568
OTHER INCOME (COSTS)
Interest and dividend income	$	215		$	167		$	600		$	499
Interest and other related financing costs	(834		)	(993		)	(2,367		)	(3,279		)
Other, net(2)	234			1,328			1,549			2,778
Total other income (costs)	(385		)	502			(218		)	(2		)
INCOME BEFORE INCOME TAXES	$	32,556		$	21,004		$	50,972		$	5,566

(1) Depreciation and amortization consists primarily of amortization of intangibles, including customer relationships and software.

(2) Includes changes in cash surrender value and proceeds of life insurance policies.