v3.26.3
Condensed Consolidated Statements of Earnings (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2026
Sep. 30, 2025
Sep. 30, 2026
Sep. 30, 2025
Operating revenues $ 3,676,807 $ 3,052,897 $ 10,228,594 $ 8,902,470
Operating expenses:        
Rents and purchased transportation 1,757,791 1,332,386 4,839,971 3,892,622
Salaries, wages and employee benefits 876,653 822,193 2,482,601 2,438,781
Fuel and fuel taxes 260,449 164,008 670,716 477,652
Depreciation and amortization 183,547 179,125 543,567 535,581
Operating supplies and expenses 147,909 132,701 412,039 384,399
Insurance and claims 100,905 82,015 277,447 251,870
General and administrative expenses, including asset dispositions 72,260 69,004 199,833 216,850
Operating taxes and licenses 19,750 18,020 57,202 53,270
Communication and utilities 10,450 10,788 31,625 32,833
Total operating expenses 3,429,714 2,810,240 9,515,001 8,283,858
Operating income [1] 247,093 242,657 713,593 618,612
Net interest expense 15,685 17,871 50,354 57,754
Earnings before income taxes 231,408 224,786 663,239 560,858
Income taxes 58,990 53,937 168,234 143,645
Net earnings $ 172,418 $ 170,849 $ 495,005 $ 417,213
Weighted average basic shares outstanding (in shares) 93,736 96,184 94,131 97,832
Basic earnings per share (in dollars per share) $ 1.84 $ 1.78 $ 5.26 $ 4.26
Weighted average diluted shares outstanding (in shares) 94,647 96,847 94,929 98,424
Diluted earnings per share (in dollars per share) $ 1.82 $ 1.76 $ 5.21 $ 4.24
Service Excluding Fuel Surcharge [Member]        
Operating revenues $ 3,006,018 $ 2,667,276 $ 8,508,347 $ 7,803,324
Fuel Surcharge [Member]        
Operating revenues $ 670,789 $ 385,621 $ 1,720,247 $ 1,099,146
[1] Refer to the Condensed Consolidated Statements of Earnings for the reconciliation of consolidated operating income to earnings before income taxes.