OPERATING SEGMENT DATA (Tables)

3 Months Ended

Mar. 31, 2015

Schedule of reportable operating segment information

	Three Months Ended
	March 31
	2015			2014
	(in thousands)
REVENUES
Freight Transportation (ABF Freight)	$	441,207		$	428,871
Premium Logistics (Panther)	75,292			72,226
Emergency & Preventative Maintenance (FleetNet)	42,489			41,699
Transportation Management (ABF Logistics)	47,372			29,717
Household Goods Moving Services (ABF Moving)	18,568			14,750
Other and eliminations	(11,652		)	(9,359		)
Total consolidated operating revenues	$	613,276		$	577,904
OPERATING EXPENSES
Freight Transportation (ABF Freight)
Salaries, wages, and benefits	$	278,371		$	261,154
Fuel, supplies, and expenses	79,026			90,791
Operating taxes and licenses	11,996			11,493
Insurance	5,785			5,395
Communications and utilities	3,985			4,242
Depreciation and amortization	17,400			16,338
Rents and purchased transportation	41,844			47,420
Gain on sale of property and equipment	(244		)	(203		)
Pension settlement expense(1)	840			2,890
Other	2,161			1,535
Total Freight Transportation (ABF Freight)	441,164			441,055
Premium Logistics (Panther)
Purchased transportation	56,044			54,573
Depreciation and amortization(2)	2,924			2,737
Salaries, benefits, insurance, and other	15,129			11,552
Total Premium Logistics (Panther)	74,097			68,862
Emergency & Preventative Maintenance (FleetNet)	41,319			40,298
Transportation Management (ABF Logistics)	46,597			29,182
Household Goods Moving Services (ABF Moving)	18,931			15,591
Other and eliminations(1)	(10,112		)	(8,382		)
Total consolidated operating expenses(1)	$	611,996		$	586,606
OPERATING INCOME (LOSS)
Freight Transportation (ABF Freight)	$	43		$	(12,184	)
Premium Logistics (Panther)	1,195			3,364
Emergency & Preventative Maintenance (FleetNet)	1,170			1,401
Transportation Management (ABF Logistics)	775			535
Household Goods Moving Services (ABF Moving)	(363		)	(841		)
Other and eliminations	(1,540		)	(977		)
Total consolidated operating income (loss)	$	1,280		$	(8,702	)
OTHER INCOME (COSTS)
Interest and dividend income	$	234		$	190
Interest and other related financing costs	(1,002		)	(808		)
Other, net	400			365
Total other costs	(368		)	(253		)
INCOME (LOSS) BEFORE INCOME TAXES	$	912		$	(8,955	)

(1)

Pension settlement expense totaled $1.1 million (pre-tax) and $3.7 million (pre-tax) on a consolidated basis for the three months ended March 31, 2015 and 2014, respectively. For the three months ended March 31, 2015, pre-tax pension settlement expense of $0.8 million was reported by ABF Freight, $0.2 million was reported in Other and eliminations, and $0.1 million was reported by the non-asset-based segments. For the three months ended March 31, 2014, pre-tax pension settlement expense of $2.9 million was reported by ABF Freight, $0.7 million was reported in Other and eliminations, and $0.1 million was reported by the non-asset-based segments.

(2)

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

The following table presents operating expenses by category on a consolidated basis

	Three Months Ended
	March 31
	2015		2014
	(in thousands)
OPERATING EXPENSES
Salaries, wages, and benefits	$	306,916	$	286,801
Rents, purchased transportation, and other costs of services	177,966		164,126
Fuel, supplies, and expenses	75,902		88,774
Depreciation and amortization	22,232		20,453
Other	28,980		26,452
	$	611,996	$	586,606

- Definition

Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss.

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