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Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Revenues      
Freight revenue $ 1,103,573 $ 1,216,858 $ 1,046,003
Operating expenses:      
Salaries, wages, and related expenses 400,491 402,276 350,246
Fuel expense 133,291 166,410 103,641
Operations and maintenance 63,753 79,051 59,269
Revenue equipment rentals and purchased transportation 271,893 325,624 331,685
Operating taxes and licenses 13,409 11,931 10,899
Insurance and claims 50,099 50,547 38,788
Communications and utilities 5,012 5,385 4,558
General supplies and expenses 49,444 37,762 29,673
Depreciation and amortization 69,943 57,512 53,881
Gain on disposition of property and equipment, net (12,585) (40,322) (3,799)
Total operating expenses 1,044,750 1,096,176 978,841
Operating income 58,823 120,682 67,162
Interest expense, net 7,967 3,083 2,791
Income from equity method investment (21,384) (25,193) (14,782)
Income from continuing operations 72,240 142,792 79,153
Income tax expense 17,611 34,860 20,962
Income from continuing operations 54,629 107,932 58,191
Income from discontinued operations, net of tax 600 750 2,540
Net income $ 55,229 $ 108,682 $ 60,731
Basic income per share:      
Income from continuing operations (in dollars per share) $ 4.19 $ 7.19 $ 3.46
Income from discontinued operations (in dollars per share) 0.05 0.05 0.15
Net income per basic share(1) (in dollars per share) [1] 4.23 7.24 3.61
Diluted income per share:      
Income from continuing operations (in dollars per share) 3.95 6.95 3.42
Income from discontinued operations (in dollars per share) 0.04 0.05 0.15
Net income per diluted share (in dollars per share) $ 3.99 $ 7 $ 3.57
Basic weighted average shares outstanding (in shares) 13,048 15,006 16,803
Diluted weighted average shares outstanding (in shares) 13,834 15,524 17,020
Cargo and Freight [Member]      
Revenues      
Freight revenue $ 970,509 $ 1,046,396 $ 949,913
Fuel Surcharge [Member]      
Revenues      
Freight revenue $ 133,064 $ 170,462 $ 96,090
[1] Total may not sum due to rounding.