v3.26.1
Condensed Consolidated Statements of Operations and Comprehensive Income - USD ($)
shares in Thousands, $ in Thousands
 3 Months Ended 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Jun. 30, 2026
Jun. 30, 2025
Revenues:        
Total revenues $ 4,934,098 $ 4,136,543 $ 8,947,032 $ 8,183,283
Costs and expenses:        
Personnel expenses 338,472 335,322 691,195 683,875
Other selling, general, and administrative expenses 143,751 141,990 275,835 289,672
Total costs and expenses 4,678,355 3,920,624 8,515,603 7,790,511
Income from operations 255,743 215,919 431,429 392,772
Interest and other income/expense, net (17,878) (22,026) (26,891) (42,077)
Income before provision for income taxes 237,865 193,893 404,538 350,695
Provision for income taxes 51,079 41,422 70,519 62,922
Net income 186,786 152,471 334,019 287,773
Other comprehensive income (loss) 399 28,085 (32) 38,520
Comprehensive income $ 187,185 $ 180,556 $ 333,987 $ 326,293
Basic net income per share (in dollars per share) $ 1.58 $ 1.27 $ 2.80 $ 2.39
Diluted net income per share (in dollars per share) $ 1.56 $ 1.26 $ 2.78 $ 2.37
Basic weighted average shares outstanding (in shares) 118,565 120,244 119,181 120,605
Dilutive effect of outstanding stock awards (in shares) 1,186 781 1,169 837
Diluted weighted average shares outstanding (in shares) 119,751 121,025 120,350 121,442
Transportation        
Revenues:        
Total revenues $ 4,524,773 $ 3,746,660 $ 8,168,484 $ 7,468,575
Costs and expenses:        
Purchased products and services 3,828,412 3,092,641 6,843,722 6,174,011
Sourcing        
Revenues:        
Total revenues 409,325 389,883 778,548 714,708
Costs and expenses:        
Purchased products and services $ 367,720 $ 350,671 $ 704,851 $ 642,953