v3.26.1
Condensed Consolidated Statements of Operations (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
Revenues        
Revenue $ 332,873 $ 302,854 $ 640,034 $ 572,209
Operating expenses:        
Salaries, wages, and related expenses 110,134 109,148 219,402 214,100
Fuel expense 37,850 27,989 66,147 56,157
Operations and maintenance 18,766 17,066 36,680 32,816
Revenue equipment rentals and purchased transportation 98,724 76,791 187,942 133,596
Operating taxes and licenses 3,026 3,436 6,015 7,022
Insurance and claims 18,138 17,307 30,784 32,590
Communications and utilities 1,877 1,481 3,911 2,949
General supplies and expenses 12,399 14,657 26,598 28,252
Depreciation and amortization 22,819 23,121 46,795 44,916
Loss on disposition of property and equipment, net 299 295 637 621
Total operating expenses 324,032 291,291 624,911 553,019
Operating income 8,841 11,563 15,123 19,190
Interest expense, net 2,981 2,470 6,867 5,327
Income from equity method investment (5,265) (4,268) (8,952) (8,044)
Income before income taxes 11,125 13,361 17,208 21,907
Income tax expense 2,590 3,521 4,253 5,504
Net income $ 8,535 $ 9,840 $ 12,955 $ 16,403
Basic income per share:        
Net income per share (in dollars per share) $ 0.34 $ 0.38 $ 0.52 $ 0.62
Diluted income per share:        
Net income per share (in dollars per share) [1] $ 0.32 $ 0.36 $ 0.49 $ 0.6
Basic weighted average shares outstanding (in shares) 25,215 26,041 25,149 26,295
Diluted weighted average shares outstanding (in shares) 26,589 27,228 26,529 27,564
Cargo and Freight [Member]        
Revenues        
Revenue $ 294,693 $ 276,532 $ 576,618 $ 519,751
Fuel Surcharge [Member]        
Revenues        
Revenue $ 38,180 $ 26,322 $ 63,416 $ 52,458
[1] Total may not sum due to rounding.