v3.26.3
Condensed Consolidated Statements of Operations (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
Revenues        
Revenue $ 353,894 $ 296,889 $ 993,928 $ 869,098
Operating expenses:        
Salaries, wages, and related expenses 115,501 109,745 334,903 323,845
Fuel expense 38,259 29,506 104,406 85,663
Operations and maintenance 20,235 19,352 56,915 52,168
Revenue equipment rentals and purchased transportation 113,412 72,908 301,354 206,504
Operating taxes and licenses 3,089 3,304 9,104 10,326
Insurance and claims 9,791 14,179 40,575 46,769
Communications and utilities 2,152 1,631 6,063 4,580
General supplies and expenses 16,448 15,872 43,046 44,124
Depreciation and amortization 23,458 22,953 70,253 67,869
(Gain) loss on disposition of property and equipment, net (945) (487) (308) 134
Total operating expenses 341,400 288,963 966,311 841,982
Operating income 12,494 7,926 27,617 27,116
Interest expense, net 3,854 3,468 10,721 8,795
Income from equity method investment (5,650) (3,578) (14,602) (11,622)
Income before income taxes 14,290 8,036 31,498 29,943
Income tax expense 3,586 1,772 7,839 7,276
Income from continuing operations, net of tax 10,704 6,264 23,659 22,667
Income from discontinued operations, net of tax 0 2,829 0 2,829
Net income $ 10,704 $ 9,093 $ 23,659 $ 25,496
Basic income per share:        
Income from continuing operations (in dollars per share) $ 0.42 $ 0.25 $ 0.94 $ 0.88
Income from discontinued operations (in dollars per share) 0 0.11 0 0.11
Net income per share (in dollars per share) 0.42 0.36 0.94 0.99
Diluted income per share:        
Income from continuing operations (in dollars per share) 0.4 0.24 0.89 0.83
Income from discontinued operations (in dollars per share) 0 0.11 0 0.1
Net income per share (in dollars per share) [1] $ 0.4 $ 0.35 $ 0.89 $ 0.94
Basic weighted average shares outstanding (in shares) 25,383 25,030 25,229 25,872
Diluted weighted average shares outstanding (in shares) 26,603 26,301 26,559 27,156
Cargo and Freight [Member]        
Revenues        
Revenue $ 315,050 $ 268,840 $ 891,668 $ 788,591
Fuel Surcharge [Member]        
Revenues        
Revenue $ 38,844 $ 28,049 $ 102,260 $ 80,507
[1] Total may not sum due to rounding.