WERNER ENTERPRISES, INC. WERN Income Statement

Werner enterprises, inc. (WERN)

Income statement / Yearly

Dec'19	Dec'18	Dec'17	Dec'16	Dec'15	Dec'14	Dec'13	Dec'12	Dec'11	Dec'10	Dec'09	Dec'08
Operating revenues
2,463,701	2,457,914	2,116,737	2,008,991	2,093,529	2,139,289	2,029,183	2,036,386	2,002,850	1,815,020	1,666,470	2,165,599
Operating expenses:
Salaries, wages and benefits
818,487	781,064	681,547	636,112	639,908	584,006	545,419	544,322	536,509	527,576	522,962	586,035
Fuel
235,928	254,564	198,745	155,042	204,583	346,058	371,789	401,417	412,905	313,518	247,640	508,594
Supplies and maintenance
182,909	185,074	164,325	171,397	190,114	188,437	179,172	172,505	169,386	155,943	141,402	163,524
Taxes and licenses
95,525	87,318	86,768	85,547	89,646	85,468	86,686	90,002	92,917	94,018	96,406	109,443
Insurance and claims
88,913	98,133	79,927	83,866	80,848	80,375	71,177	65,593	67,523	69,991	83,458	104,349
Depreciation
249,527	230,151	217,639	209,728	193,209	176,984	173,019	166,957	158,634	152,242	155,315	167,435
Rent and purchased transportation
549,438	589,002	509,573	512,296	480,624	498,782	456,885	420,480	387,472	352,648	305,854	397,887
Communications and utilities
15,303	16,063	16,105	16,106	15,121	14,220	13,506	13,745	15,181	15,123	15,856	19,579
Other
2,199	-7,670	18,288	12,827	-980	4,871	-8,196	-10,079	-11,351	-621	886	-4,182
Total operating expenses
2,238,229	2,233,699	1,972,917	1,882,921	1,893,073	1,979,201	1,889,457	1,864,942	1,829,176	1,680,438	1,569,779	2,052,664
Operating income
225,472	224,215	143,820	126,070	200,456	160,088	139,726	171,444	173,674	134,582	96,691	112,935
Other expense (income):
Interest expense
6,854	2,695	2,243	2,577	1,974	881	454	288	85	47	99	83
Interest income
3,326	2,737	3,308	4,158	2,875	2,538	2,269	1,837	1,448	1,536	1,779	3,972
Other
-38	-376	-328	-191	-196	29	170	173	-131	166	466	198
Total other expense (income)
-3,566	-334	737	1,390	705	1,686	1,985	1,722	1,232	1,655	2,146	4,087
Income before income taxes
221,906	223,881	144,557	127,460	201,161	161,774	141,711	173,166	174,906	136,237	98,837	117,022
Income taxes
54,962	55,733	-58,332	48,331	77,447	63,124	54,926	70,132	72,149	56,198	42,253	49,442
Net Income (Loss) Attributable to Parent
166,944	168,148	202,889	79,129	123,714	98,650	86,785	103,034	102,757	80,039	56,584	67,580
Earnings per share:
Basic
2.40	2.35	2.81	1.10	1.72	1.37	1.19	1.41	1.41	1.11	0.79	0.96
Diluted
2.38	2.33	2.80	1.09	1.71	1.36	1.18	1.40	1.40	1.10	0.79	0.94
Weighted-average common shares outstanding:
Basic
69,567	71,694	72,270	72,057	71,957	72,122	72,866	72,909	72,787	72,369	71,672	70,752
Diluted
70,026	72,057	72,558	72,393	72,556	72,738	73,428	73,453	73,225	72,807	72,075	71,658