v3.26.1
Condensed Consolidated Statements of Earnings (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2026
Mar. 31, 2025
Operating revenues $ 3,056,491 $ 2,921,392
Operating expenses:    
Rents and purchased transportation 1,404,900 1,293,328
Salaries, wages and employee benefits 785,596 799,648
Depreciation and amortization 179,410 179,476
Fuel and fuel taxes 175,059 159,933
Operating supplies and expenses 125,261 123,452
Insurance and claims 87,750 85,017
General and administrative expenses, including asset dispositions 61,853 72,971
Operating taxes and licenses 18,533 17,480
Communication and utilities 11,081 11,407
Total operating expenses 2,849,443 2,742,712
Operating income [1] 207,048 178,680
Net interest expense 17,900 18,597
Earnings before income taxes 189,148 160,083
Income taxes 47,595 42,343
Net earnings $ 141,553 $ 117,740
Weighted average basic shares outstanding (in shares) 94,540 99,905
Basic earnings per share (in dollars per share) $ 1.5 $ 1.18
Weighted average diluted shares outstanding (in shares) 95,204 100,489
Diluted earnings per share (in dollars per share) $ 1.49 $ 1.17
Service Excluding Fuel Surcharge [Member]    
Operating revenues $ 2,648,493 $ 2,559,729
Fuel Surcharge [Member]    
Operating revenues $ 407,998 $ 361,663
[1] Refer to the Condensed Consolidated Statements of Earnings for the reconciliation of consolidated operating income to earnings before income taxes.