Consolidated Condensed Statements of Operations (Unaudited) - USD ($) $ in Thousands |
3 Months Ended | 6 Months Ended | ||
---|---|---|---|---|
Jun. 30, 2025 |
Jun. 30, 2024 |
Jun. 30, 2025 |
Jun. 30, 2024 |
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Operating revenue | $ 229,922 | $ 246,238 | $ 453,074 | $ 495,910 |
Operating expenses (income): | ||||
Salaries, wages and benefits | 78,570 | 86,519 | 157,370 | 175,281 |
Purchased transportation | 43,123 | 43,235 | 80,779 | 85,049 |
Fuel and fuel taxes | 32,591 | 38,809 | 65,708 | 78,370 |
Supplies and maintenance | 15,606 | 16,472 | 31,119 | 32,542 |
Depreciation | 27,307 | 28,206 | 54,777 | 56,733 |
Operating taxes and licenses | 2,451 | 2,539 | 4,868 | 5,114 |
Insurance and claims | 15,852 | 12,559 | 29,229 | 24,216 |
Communications and utilities | 2,164 | 2,297 | 4,443 | 4,668 |
Gain on disposition of revenue equipment | (5,182) | (2,532) | (6,847) | (3,703) |
Other | 7,706 | 8,160 | 16,035 | 15,416 |
Total operating expenses | 220,188 | 236,264 | 437,481 | 473,686 |
Operating income | 9,734 | 9,974 | 15,593 | 22,224 |
Other | (436) | (1,014) | (785) | (1,810) |
Income before income taxes | 10,170 | 10,988 | 16,378 | 24,034 |
Income taxes expense | 2,984 | 3,099 | 4,857 | 6,499 |
Net income | $ 7,186 | $ 7,889 | $ 11,521 | $ 17,535 |
Basic earnings per common share (in dollars per share) | $ 0.09 | $ 0.1 | $ 0.14 | $ 0.22 |
Diluted earnings per common share (in dollars per share) | 0.09 | 0.1 | 0.14 | 0.22 |
Dividends declared per common share (in dollars per share) | $ 0.06 | $ 0.06 | $ 0.12 | $ 0.12 |
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- Definition Amount of expense associated with communications and utilities during the period. No definition available.
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- Definition Amount of expense associated with fuel and fuel tax expense. No definition available.
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- Definition Costs of purchased transportation and other third-party services incurred to service customers No definition available.
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- Definition Amount of expense associated with supplies and maintenance during the period. No definition available.
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- Definition Aggregate dividends declared during the period for each share of common stock outstanding. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition The amount of expense recognized in the current period that reflects the allocation of the cost of tangible assets over the assets' useful lives. Includes production and non-production related depreciation. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition The amount of net income (loss) for the period per each share of common stock or unit outstanding during the reporting period. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition The amount of net income (loss) for the period available to each share of common stock or common unit outstanding during the reporting period and to each share or unit that would have been outstanding assuming the issuance of common shares or units for all dilutive potential common shares or units outstanding during the reporting period. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Amount of gain (loss) on sale or disposal of property, plant and equipment assets, excluding oil and gas property and timber property. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- Definition The expense in the period incurred with respect to protection provided by insurance entities against risks other than risks associated with production (which are allocated to cost of sales). Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amount of income (loss) from continuing operations, including income (loss) from equity method investments, before deduction of income tax expense (benefit), and income (loss) attributable to noncontrolling interest. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition Amount of current income tax expense (benefit) and deferred income tax expense (benefit) pertaining to continuing operations. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition Amount of expense for salary, wage, profit sharing; incentive and equity-based compensation; and other employee benefit. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition The portion of profit or loss for the period, net of income taxes, which is attributable to the parent. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition The aggregate amount of income or expense from ancillary business-related activities (that is to say, excluding major activities considered part of the normal operations of the business). Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Generally recurring costs associated with normal operations except for the portion of these expenses which can be clearly related to production and included in cost of sales or services. Includes selling, general and administrative expense. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- References No definition available.
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- Definition The net result for the period of deducting operating expenses from operating revenues. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition The total amount of other operating cost and expense items that are associated with the entity's normal revenue producing operation. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition Amount, including tax collected from customer, of revenue from satisfaction of performance obligation by transferring promised good or service to customer. Tax collected from customer is tax assessed by governmental authority that is both imposed on and concurrent with specific revenue-producing transaction, including, but not limited to, sales, use, value-added and excise. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Amount of tax expense, excluding income, excise, production and property taxes, and licenses and fees not related to production. No definition available.
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