| 4th Quarter 2000
| Year 2000 |
| ------------------------------- | ------------------------------- |
| Wholesale | Retail
| Consoli- dated | Wholesale
| Retail | Consoli- dated
|
| ------------------------------- | ------------------------------- |
Gross revenues | $ 221.2 |
$ 155.4 | $ 365.9 | $ 814.7 | $ 503.9 | $1,281.3 |
Cost of purchased transportation | 170.2 | 128.4 | 287.9 | 631.5 | 411.4 | 1,005.6 |
----------------------------------------------------------- | ------------------------------- |
Net revenues | 51.0 | 27.0 | 78.0 | 183.2 | 92.5 | 275.7 |
Margin | 23.1% | 17.4% | 20.1% | 22.5% | 18.4% | 21.5% |
Direct operating expenses | 30.3 | - | 30.3 | 90.4 | - | 90.4 |
Selling, general & admin. expenses | 9.8 | 19.8 | 29.6 | 37.7 | 64.9 | 102.6 |
Merger, severance and other | - | 7.7 | 7.7 | |
7.7 | 7.7 |
Depreciation and amortization | 1.4 | 2.0 | 3.4 | 5.4 | 6.2 | 11.6 |
----------------------------------------------------------- | ------------------------------- |
Income from operations | 9.5 |
(2.5) | 7.0 | 49.7 | 13.7 | 63.4 |
Operating ratio | 95.7% | 101.6% | | 93.9% | 97.3% | 95.1% |
Interest (income) | |
| | | |
|
expense | | |
9.8 | | | 34.1 |
Other (income) | |
| | | |
|
expense | | |
- | | | - |
----------------------------------------------------------- | ------------------------------- |
Income before taxes and minority interest |
| | (2.8) |
| | 29.3 |
Income tax | |
| (0.7) | | |
12.9 |
Minority interest | |
| 0.4 | | |
1.6 |
----------------------------------------------------------- | ------------------------------- |
Net income | |
| $ (2.5) | |
| $ 14.8 |
============================================================= |
EBITDA | $ 10.9 | $ (0.5) | $ 10.4 | $ 55.1 | $ 19.9 | $ 75.0 |