v3.26.1
Condensed Consolidated Statements of Earnings (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Jun. 30, 2026
Jun. 30, 2025
Operating revenues $ 3,495,296 $ 2,928,181 $ 6,551,787 $ 5,849,573
Operating expenses:        
Rents and purchased transportation 1,677,280 1,266,908 3,082,180 2,560,236
Salaries, wages and employee benefits 820,352 816,941 1,605,948 1,616,588
Fuel and fuel taxes 235,208 153,710 410,267 313,643
Depreciation and amortization 180,610 176,980 360,020 356,456
Operating supplies and expenses 138,870 128,245 264,131 251,698
Insurance and claims 88,792 84,838 176,542 169,856
General and administrative expenses, including asset dispositions 65,718 74,876 127,571 147,847
Operating taxes and licenses 18,920 17,770 37,453 35,250
Communication and utilities 10,094 10,639 21,175 22,045
Total operating expenses 3,235,844 2,730,907 6,085,287 5,473,619
Operating income [1] 259,452 197,274 466,500 375,954
Net interest expense 16,768 21,285 34,668 39,882
Earnings before income taxes 242,684 175,989 431,832 336,072
Income taxes 61,650 47,365 109,245 89,708
Net earnings $ 181,034 $ 128,624 $ 322,587 $ 246,364
Weighted average basic shares outstanding (in shares) 94,125 97,448 94,331 98,670
Basic earnings per share (in dollars per share) $ 1.92 $ 1.32 $ 3.42 $ 2.5
Weighted average diluted shares outstanding (in shares) 94,944 97,976 95,073 99,226
Diluted earnings per share (in dollars per share) $ 1.91 $ 1.31 $ 3.39 $ 2.48
Service Excluding Fuel Surcharge [Member]        
Operating revenues $ 2,853,836 $ 2,576,319 $ 5,502,329 $ 5,136,048
Fuel Surcharge [Member]        
Operating revenues $ 641,460 $ 351,862 $ 1,049,458 $ 713,525
[1] Refer to the Condensed Consolidated Statements of Earnings for the reconciliation of consolidated operating income to earnings before income taxes.