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Consolidated Statements of Income (USD $)
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3 Months Ended | 9 Months Ended | ||
|---|---|---|---|---|
|
Sep. 30, 2012
|
Sep. 30, 2011
|
Sep. 30, 2012
|
Sep. 30, 2011
|
|
| REVENUE | $ 192,737,761 | $ 158,956,001 | $ 546,537,567 | $ 439,906,043 |
| COSTS AND EXPENSES: | ||||
| Transportation costs | 156,145,239 | 128,336,597 | 442,475,163 | 354,474,127 |
| Selling, general, and administrative expenses | 27,977,727 | 22,994,195 | 80,324,572 | 65,540,057 |
| Depreciation and amortization | 2,294,608 | 2,174,371 | 6,510,261 | 6,152,762 |
| INCOME FROM OPERATIONS | 6,320,187 | 5,450,838 | 17,227,571 | 13,739,097 |
| Interest income | 0 | 34,164 | 2,850 | 100,480 |
| Interest expense | (1,736) | (4,723) | (8,290) | (15,740) |
| Other expense | (120,121) | (109,714) | (354,391) | (304,031) |
| OTHER EXPENSE, NET | (121,857) | (80,273) | (359,831) | (219,291) |
| INCOME BEFORE PROVISION FOR INCOME TAXES | 6,198,330 | 5,370,565 | 16,867,740 | 13,519,806 |
| INCOME TAX EXPENSE | (2,381,394) | (1,991,064) | (6,336,180) | (5,003,592) |
| NET INCOME | $ 3,816,936 | $ 3,379,501 | $ 10,531,560 | $ 8,516,214 |
| Basic net income per share | $ 0.17 | $ 0.15 | $ 0.47 | $ 0.38 |
| Diluted net income per share | $ 0.17 | $ 0.15 | $ 0.46 | $ 0.38 |