| Information Regarding Reportable Business Segments |
The following tables summarize information about the Company’s reportable business segments as of and for the thirty-nine-week and thirteen-week periods ended September 26, 2026 and September 27, 2025 (in thousands):
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Thirty-Nine Weeks Ended |
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September 26, 2026 |
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September 27, 2025 |
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Transportation
Logistics |
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Insurance |
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Total |
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Transportation
Logistics |
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Insurance |
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Total |
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External revenue |
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$ |
4,071,824 |
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$ |
43,518 |
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$ |
4,115,342 |
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$ |
3,525,234 |
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$ |
44,057 |
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$ |
3,569,291 |
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Internal revenue |
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63,053 |
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63,053 |
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64,110 |
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64,110 |
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Total revenue |
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4,071,824 |
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106,571 |
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4,178,395 |
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3,525,234 |
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108,167 |
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3,633,401 |
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Investment income |
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7,943 |
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7,943 |
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10,620 |
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10,620 |
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Purchased transportation |
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3,212,442 |
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3,212,442 |
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2,775,761 |
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2,775,761 |
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Commissions to agents |
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319,254 |
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319,254 |
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291,529 |
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291,529 |
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Other operating costs, net of gains on asset sales/dispositions |
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53,971 |
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53,971 |
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46,996 |
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46,996 |
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Insurance and claims |
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94,043 |
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99,203 |
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193,246 |
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89,387 |
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78,032 |
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167,419 |
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Selling, general and administrative |
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181,789 |
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9,745 |
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191,534 |
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165,860 |
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8,443 |
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174,303 |
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Depreciation and amortization |
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30,887 |
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30,887 |
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35,884 |
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35,884 |
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Impairment of intangible and other assets |
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30,104 |
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30,104 |
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Operating income |
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179,438 |
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5,566 |
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185,004 |
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89,713 |
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32,312 |
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122,025 |
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Goodwill |
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34,005 |
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34,005 |
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34,005 |
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34,005 |
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Operating income |
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185,004 |
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122,025 |
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Interest and debt expense (1) |
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1,692 |
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756 |
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Income before income taxes |
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183,312 |
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121,269 |
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Thirteen Weeks Ended |
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September 26, 2026 |
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September 27, 2025 |
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Transportation
Logistics |
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Insurance |
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Total |
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Transportation
Logistics |
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Insurance |
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Total |
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External revenue |
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$ |
1,497,058 |
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$ |
14,729 |
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$ |
1,511,787 |
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$ |
1,190,802 |
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$ |
14,604 |
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$ |
1,205,406 |
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Internal revenue |
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11,430 |
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11,430 |
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11,017 |
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11,017 |
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Total revenue |
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1,497,058 |
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26,159 |
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1,523,217 |
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1,190,802 |
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25,621 |
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1,216,423 |
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Investment income |
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2,264 |
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2,264 |
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3,293 |
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3,293 |
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Purchased transportation |
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1,182,045 |
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1,182,045 |
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936,472 |
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936,472 |
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Commissions to agents |
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117,676 |
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117,676 |
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98,693 |
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98,693 |
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Other operating costs, net of gains on asset sales/dispositions |
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21,226 |
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21,226 |
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15,572 |
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15,572 |
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Insurance and claims |
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32,582 |
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34,118 |
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66,700 |
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26,014 |
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18,011 |
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44,025 |
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Selling, general and administrative |
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59,047 |
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3,329 |
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62,376 |
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53,875 |
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3,140 |
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57,015 |
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Depreciation and amortization |
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9,918 |
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9,918 |
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11,509 |
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11,509 |
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Impairment of intangible and other assets |
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30,104 |
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30,104 |
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Operating income (loss) |
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74,564 |
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(9,024 |
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65,540 |
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18,563 |
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7,763 |
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26,326 |
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Operating income |
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65,540 |
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26,326 |
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Interest and debt expense (1) |
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362 |
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217 |
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Income before income taxes |
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65,178 |
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26,109 |
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| (1) |
Interest and debt expense includes (i) interest income earned on cash balances held by the transportation logistics segment of $2,088 and $3,549 in the 2026 and 2025 thirty-nine-week periods, respectively, and $837 and $1,140 in the 2026 and 2025 thirteen-week periods, respectively, and (ii) consolidated total interest expense of $3,780 and $4,305 in the 2026 and 2025 thirty-nine-week periods, respectively, and $1,199 and $1,357 in the 2026 and 2025 thirteen-week periods, respectively. |
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