OPERATING SEGMENT DATA (Tables)

3 Months Ended

Mar. 31, 2018

OPERATING SEGMENT DATA

Schedule of reportable operating segment information

The following tables reflect reportable operating segment information:

	Three Months Ended
	March 31
	2018		2017
	(in thousands)
REVENUES
Asset-Based	$	482,115	$	464,356
ArcBest		181,933		152,876
FleetNet		47,759		40,238
Other and eliminations		(11,806)		(6,382)
Total consolidated revenues	$	700,001	$	651,088
OPERATING EXPENSES(1)
Asset-Based
Salaries, wages, and benefits	$	269,779	$	279,380
Fuel, supplies, and expenses		62,193		58,390
Operating taxes and licenses		11,756		11,823
Insurance		6,628		7,118
Communications and utilities		4,521		4,517
Depreciation and amortization		20,930		20,519
Rents and purchased transportation		46,133		46,426
Shared services(2)		45,607		43,503
Gain on sale of property and equipment		(133)		(617)
Other		1,299		1,505
Restructuring costs(3)		—		140
Total Asset-Based		468,713		472,704
ArcBest
Purchased transportation		148,372		121,987
Supplies and expenses		3,230		3,670
Depreciation and amortization		3,408		3,266
Shared services(2)		21,868		19,586
Other		1,881		2,464
Restructuring costs(3)		9		810
Total ArcBest		178,768		151,783
FleetNet		46,238		39,217
Other and eliminations		(6,443)		(2,716)
Total consolidated operating expenses	$	687,276	$	660,988

⁽¹⁾ As previously discussed in this Note, the Company retrospectively adopted an amendment to ASC Topic 715, effective January 1, 2018, which requires the components of net periodic benefit cost other than service cost to be presented within other income (costs) in the consolidated financial statements and, therefore, excluded from the presentation of operating segment data within this table.

⁽²⁾ Certain reclassifications have been made to the prior year’s operating segment data to conform to the current year presentation, reflecting the modified presentation of segment expenses allocated from shared services as previously discussed in this Note.

⁽³⁾ Restructuring costs relate to the realignment of the Company’s corporate structure (see Note K).

	Three Months Ended
	March 31
	2018		2017
	(in thousands)
OPERATING INCOME (LOSS)(1)
Asset-Based	$	13,402	$	(8,348)
ArcBest		3,165		1,093
FleetNet		1,521		1,021
Other and eliminations		(5,363)		(3,666)
Total consolidated operating income (loss)	$	12,725	$	(9,900)
OTHER INCOME (COSTS)
Interest and dividend income	$	526	$	274
Interest and other related financing costs		(2,059)		(1,315)
Other, net(1)(2)		(2,201)		(1,706)
Total other income (costs)		(3,734)		(2,747)
INCOME (LOSS) BEFORE INCOME TAXES	$	8,991	$	(12,647)

⁽¹⁾ As previously discussed in this Note, for the three months ended March 31, 2018 and 2017, the components of net periodic benefit cost other than service cost are presented within other income (costs) rather than within operating income (loss) in accordance with an amendment to ASC Topic 715, which the Company adopted retrospectively effective January 1, 2018.

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

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

	Three Months Ended
	2018		2017
	(in thousands)
OPERATING EXPENSES
Salaries, wages, and benefits	$	328,757	$	332,590
Rents, purchased transportation, and other costs of services		223,756		199,871
Fuel, supplies, and expenses		78,646		72,662
Depreciation and amortization(1)		26,486		25,394
Other		29,255		28,840
Restructuring costs(2)		376		1,631
	$	687,276	$	660,988

⁽¹⁾ Includes amortization of intangible assets.

⁽²⁾ Restructuring costs relate to the realignment of the Company’s corporate structure (see Note K).