| REVENUE RECOGNITION |
NOTE J – REVENUE RECOGNITION Disaggregated Revenue The following table reflects information about revenues from customers and intersegment revenues: | | | | | | | | | | | | | | | | Three Months Ended | | Six Months Ended | | | | June 30 | | June 30 | | | | 2026 | | 2025 | | 2026 | | 2025 | | | | | (in thousands) | | Revenues from customers | | | | | | | | | | | | | | Asset-Based | | $ | 747,002 | | $ | 680,936 | | $ | 1,368,627 | | $ | 1,292,271 | | Asset-Light | | | 435,840 | | | 340,098 | | | 811,774 | | | 694,666 | | Other | | | 1,691 | | | 1,222 | | | 2,918 | | | 2,396 | | Total consolidated revenues | | $ | 1,184,533 | | $ | 1,022,256 | | $ | 2,183,319 | | $ | 1,989,333 | | | | | | | | | | | | | | | | Intersegment revenues | | | | | | | | | | | | | | Asset-Based | | $ | 36,669 | | $ | 32,376 | | $ | 70,051 | | $ | 67,335 | | Asset-Light | | | 2,865 | | | 1,824 | | | 4,677 | | | 3,268 | | Other and eliminations | | | (39,534) | | | (34,200) | | | (74,728) | | | (70,603) | | Total intersegment revenues | | $ | — | | $ | — | | $ | — | | $ | — | | | | | | | | | | | | | | | | Total segment revenues | | | | | | | | | | | | | | Asset-Based | | $ | 783,671 | | $ | 713,312 | | $ | 1,438,678 | | $ | 1,359,606 | | Asset-Light | | | 438,705 | | | 341,922 | | | 816,451 | | | 697,934 | | Other and eliminations | | | (37,843) | | | (32,978) | | | (71,810) | | | (68,207) | | Total consolidated revenues | | $ | 1,184,533 | | $ | 1,022,256 | | $ | 2,183,319 | | $ | 1,989,333 | |
Performance Obligations We have elected to apply the practical expedient in ASC Topic 606, Revenue From Contracts With Customers, to not disclose the value of unsatisfied performance obligations for contracts with an original length of one year or less or contracts for which revenue is recognized at the amount to which the Company has the right to invoice for services performed.
|