WERNER ENTERPRISES, INC. WERN Income Statement

Werner enterprises, inc. (WERN)

Income statement / TTM

Mar'20	Dec'19	Sep'19	Jun'19	Mar'19	Dec'18	Sep'18	Jun'18	Mar'18	Dec'17	Sep'17	Jun'17	Mar'17	Dec'16	Sep'16	Jun'16	Mar'16	Dec'15	Sep'15	Jun'15	Mar'15	Dec'14	Sep'14	Jun'14	Mar'14	Dec'13	Sep'13	Jun'13	Mar'13	Dec'12	Sep'12	Jun'12	Mar'12	Dec'11	Sep'11	Jun'11	Mar'11	Dec'10	Sep'10	Jun'10	Mar'10	Sep'09	Jun'09
Operating revenues
2,460,287	2,463,701	2,488,279	2,499,750	2,491,347	2,457,914	2,378,914	2,277,822	2,178,200	2,116,737	2,068,204	2,048,237	2,027,410	2,008,991	2,018,942	2,044,714	2,080,677	2,093,529	2,117,932	2,135,445	2,142,921	2,139,289	2,104,023	2,063,790	2,028,318	2,029,183	2,020,957	2,015,733	2,030,897	2,036,386	2,034,629	2,037,712	2,031,797	2,002,850	1,958,127	1,911,802	1,859,374	1,815,020	1,781,079	1,720,868	0	0	0
Operating expenses:
Salaries, wages and benefits
821,685	818,487	818,935	810,955	801,069	781,064	761,442	730,074	703,502	681,547	657,434	650,058	640,214	636,112	640,064	644,503	645,180	639,908	634,723	616,628	600,758	584,006	567,669	556,297	547,027	545,419	543,214	540,303	543,579	544,322	543,536	540,741	537,494	536,509	530,940	533,067	532,105	527,576	527,777	521,907	0	0	0
Fuel
228,561	235,928	239,515	247,069	251,670	254,564	249,963	233,157	212,621	198,745	183,559	173,931	168,138	155,042	155,621	165,838	183,883	204,583	237,028	272,993	307,743	346,058	361,941	368,011	366,071	371,789	380,227	386,142	395,273	401,417	401,759	406,731	417,911	412,905	397,409	369,618	337,568	313,518	294,320	275,500	0	0	0
Supplies and maintenance
182,945	182,909	183,481	183,710	185,020	185,074	182,605	177,455	171,832	164,325	161,114	160,155	162,514	171,397	176,345	185,601	189,572	190,114	192,497	190,741	190,240	188,437	185,840	183,851	181,898	179,172	174,938	172,989	173,796	172,505	171,945	171,690	170,034	169,386	167,133	163,529	159,456	155,943	151,821	144,418	0	0	0
Taxes and licenses
95,474	95,525	94,499	88,718	87,726	87,318	86,280	89,488	88,475	86,768	85,289	85,158	85,346	85,547	87,540	88,616	89,553	89,646	88,364	87,168	85,716	85,468	85,491	85,619	85,894	86,686	87,010	87,713	89,094	90,002	90,295	91,976	92,423	92,917	94,176	93,441	93,587	94,018	93,879	94,644	0	0	0
Insurance and claims
102,268	88,913	89,906	89,987	99,684	98,133	93,449	92,107	81,245	79,927	84,818	83,255	85,359	83,866	80,198	78,464	77,148	80,848	81,234	83,651	82,216	80,375	76,517	73,442	71,582	71,177	70,632	68,387	66,170	65,593	66,125	67,259	68,687	67,523	68,480	68,875	71,213	69,991	71,721	78,314	0	0	0
Depreciation
257,605	249,527	244,528	240,290	235,404	230,151	225,459	220,655	217,809	217,639	219,498	217,701	214,900	209,728	202,993	200,293	197,653	193,209	188,171	183,272	179,581	176,984	177,587	176,017	173,811	173,019	170,189	169,478	168,617	166,957	163,551	161,847	159,587	158,634	158,555	155,450	153,675	152,242	150,556	152,678	0	0	0
Rent and purchased transportation
543,044	549,438	567,586	580,659	585,916	589,002	567,652	545,869	519,070	509,573	510,287	518,076	520,745	512,296	499,073	487,203	484,852	480,624	485,710	497,597	500,884	498,782	491,634	475,392	462,213	456,885	443,008	432,852	426,288	420,480	416,790	409,376	399,485	387,472	371,470	363,184	356,460	352,648	348,309	328,249	0	0	0
Communications and utilities
15,100	15,303	15,841	15,942	15,967	16,063	15,975	16,181	16,140	16,105	16,154	16,161	16,269	16,106	15,930	15,510	15,352	15,121	14,924	14,827	14,399	14,220	14,020	14,085	13,863	13,506	13,283	12,911	13,068	13,745	14,114	14,578	15,077	15,181	15,479	15,646	15,297	15,123	15,097	15,073	0	0	0
Other
5,086	2,199	-761	-2,358	-8,228	-7,670	1,744	6,003	14,543	18,288	16,336	16,827	14,370	12,827	12,803	6,585	2,726	-980	-541	3,856	6,552	4,871	-226	-3,367	-8,515	-8,196	-8,305	-11,025	-9,723	-10,079	-11,205	-12,466	-10,535	-11,351	-10,417	-5,989	-3,747	-621	839	1,460	0	0	0
Total operating expenses
2,251,768	2,238,229	2,253,530	2,254,972	2,254,228	2,233,699	2,184,569	2,110,989	2,025,237	1,972,917	1,934,489	1,921,322	1,907,855	1,882,921	1,870,567	1,872,613	1,885,919	1,893,073	1,922,110	1,950,733	1,968,089	1,979,201	1,960,473	1,929,347	1,893,844	1,889,457	1,874,196	1,859,750	1,866,162	1,864,942	1,856,910	1,851,732	1,850,163	1,829,176	1,793,225	1,756,821	1,715,614	1,680,438	1,654,319	1,612,243	0	0	0
Operating income
208,519	225,472	234,749	244,778	237,119	224,215	194,345	166,833	152,963	143,820	133,715	126,915	119,555	126,070	148,375	172,101	194,758	200,456	195,822	184,712	174,832	160,088	143,550	134,443	134,474	139,726	146,761	155,983	164,735	171,444	177,719	185,980	181,634	173,674	164,902	154,981	143,760	134,582	126,760	108,625	0	0	0
Other expense (income):
Interest expense
7,587	6,854	5,548	4,010	3,071	2,695	2,193	1,815	1,949	2,243	2,630	2,887	2,859	2,577	2,244	2,006	1,993	1,974	2,080	1,709	1,262	881	488	449	404	454	399	316	290	288	267	254	199	85	73	73	66	47	20	18	0	0	0
Interest income
3,049	3,326	3,306	3,196	2,900	2,737	2,831	2,951	3,134	3,308	3,560	3,849	4,082	4,158	3,941	3,646	3,234	2,875	2,697	2,551	2,514	2,538	2,569	2,544	2,419	2,269	2,150	2,022	1,920	1,837	1,737	1,613	1,525	1,448	1,439	1,534	1,544	1,536	1,542	1,547	0	0	0
Other
-199	-38	-193	-187	-207	-376	-207	-254	-328	-328	-336	-294	-199	-191	-87	-73	-151	-196	-226	-237	-57	29	41	119	156	170	210	159	159	173	300	264	-81	-131	-303	-167	129	166	228	124	0	0	0
Total other expense (income)
-4,737	-3,566	-2,435	-1,001	-378	-334	431	882	857	737	594	668	1,024	1,390	1,610	1,567	1,090	705	391	605	1,195	1,686	2,122	2,214	2,171	1,985	1,961	1,865	1,789	1,722	1,770	1,623	1,245	1,232	1,063	1,294	1,607	1,655	1,750	1,653	0	0	0
Income before income taxes
203,782	221,906	232,314	243,777	236,741	223,881	194,776	167,715	153,820	144,557	134,309	127,583	120,579	127,460	149,985	173,668	195,848	201,161	196,213	185,317	176,027	161,774	145,672	136,657	136,645	141,711	148,722	157,848	166,524	173,166	179,489	187,603	182,879	174,906	165,965	156,275	145,367	136,237	128,510	110,278	0	0	0
Income taxes
49,866	54,962	59,303	62,296	60,314	55,733	-59,943	-62,007	-60,857	-58,332	50,743	47,614	45,523	48,331	56,019	66,546	75,184	77,447	76,438	71,648	68,574	63,124	57,556	53,252	53,032	54,926	58,131	63,388	67,224	70,132	73,068	76,732	75,170	72,149	68,461	64,191	59,871	56,198	53,594	46,828	0	0	0
Net Income (Loss) Attributable to Parent
153,916	166,944	173,011	181,481	176,427	168,148	254,719	229,722	214,677	202,889	83,566	79,969	75,056	79,129	93,966	107,122	120,664	123,714	119,775	113,669	107,453	98,650	88,116	83,405	83,613	86,785	90,591	94,460	99,300	103,034	106,421	110,871	107,709	102,757	97,504	92,084	85,496	80,039	74,916	63,450	0	0	0
Earnings per share:
Basic
0.33	0.71	0.56	0.62	0.51	0.77	0.67	0.53	0.38	1.96	0.31	0.32	0.22	0.31	0.26	0.25	0.28	0.51	0.45	0.44	0.32	0.45	0.36	0.36	0.20	0.31	0.29	0.35	0.24	0.36	0.34	0.42	0.29	0.40	0.41	0.38	0.22	0.34	0.33	0.29	0.15	0.26	0.18
Diluted
0.33	0.69	0.56	0.62	0.51	0.76	0.66	0.53	0.38	1.95	0.31	0.32	0.22	0.30	0.26	0.25	0.28	0.51	0.44	0.44	0.32	0.45	0.36	0.35	0.20	0.30	0.29	0.35	0.24	0.35	0.34	0.42	0.29	0.40	0.40	0.38	0.22	0.33	0.33	0.29	0.15	0.26	0.18
Dividends declared per share
-	-	-	-	-	-	-	-	-	-	0.07	0.07	0.06	-	0.06	0.06	0.06	-	0.06	0.05	0.05	-	0.05	0.05	0.05	-	0.05	0.05	0.05	-	0.05	0.05	0.05	-	0.05	0.05	0.05	-	0.05	0.05	0.05	0.05	0.05
Weighted-average common shares outstanding:
Basic
69,253	69,203	69,198	69,593	70,274	70,761	71,436	72,144	72,435	72,364	72,298	72,227	72,191	72,097	72,058	72,048	72,025	71,926	71,890	71,945	72,067	71,884	71,837	72,091	72,676	72,561	72,621	73,022	73,260	73,044	72,879	72,859	72,854	72,839	72,811	72,794	72,704	72,646	72,549	72,280	72,001	71,701	71,579
Diluted
69,609	70,039	69,600	69,893	70,572	71,429	71,752	72,376	72,671	72,692	72,601	72,492	72,447	72,447	72,406	72,366	72,353	72,780	72,478	72,424	72,542	72,822	72,364	72,597	73,169	73,116	73,216	73,598	73,782	73,565	73,445	73,412	73,390	73,292	73,231	73,239	73,138	72,994	72,922	72,767	72,545	72,110	72,010