1. RECAST SEGMENT FINANCIAL INFORMATION
YRC Worldwide Inc. and Subsidiaries
For the year ended December 31, 2007
(Amounts in thousands)
(Unaudited)
Three months ended
Twelve months
ended December
March 31 June 30 September 30 December 31 31
Operating revenue:
YRC National Transportation $ 1,608,444 $ 1,703,455 $ 1,708,984 $ 1,636,887 $ 6,657,770
580,061 544,573
YRC Regional Transportation 551,524 604,207 2,280,365
149,737 158,203 152,919 162,349
YRC Logistics 623,208
30,560 30,747 26,059 25,534
YRC Truckload 112,900
(11,923) (10,107) (10,292) (20,605)
Eliminations (52,927)
Consolidated 2,328,342 2,486,505 2,457,731 2,348,738 9,621,316
Operating income (loss):
a
YRC National Transportation 33,126 92,750 90,375 (56,920) 159,331
a
YRC Regional Transportation (5,361) 15,593 531 (711,555) (700,792)
(1,070) 1,537 4,186 489
YRC Logistics 5,142
352 (806) (1,777) (3,646)
YRC Truckload (5,877)
Corporate and other (6,647) (652) (5,664) (9,967) (22,930)
Consolidated $ 20,400 $ 108,422 $ 87,651 $ (781,599) $ (565,126)
Operating ratio:
YRC National Transportation 97.9% 94.6% 94.7% 103.5% 97.6%
YRC Regional Transportation 101.0% 97.4% 99.9% n/m 130.7%
YRC Logistics 100.7% 99.0% 97.3% 99.7% 99.2%
YRC Truckload 98.8% 102.6% 106.8% 114.3% 105.2%
Consolidated 99.1% 95.6% 96.4% n/m 105.9%
(Gains) losses on property disposals, net:
YRC National Transportation $ 719 $ (5,091) $ (588) $ (3,381) $ (8,341)
YRC Regional Transportation 168 279 (135) (4,336) (4,024)
YRC Logistics (37) 13 (86) 824 714
YRC Truckload 860 1,211 (89) 589 2,571
Corporate and other 1,239 800 2,298 (1,077) 3,260
Consolidated 2,949 (2,788) 1,400 (7,381) (5,820)
(Gains) losses on reorganization and settlements:
YRC National Transportation 6,082 - - 611 6,693
YRC Regional Transportation 5,506 285 1,289 777 7,857
YRC Logistics 114 2,583 14 624 3,335
YRC Truckload - - - - -
Corporate and other 2,755 (3,474) (1,500) 6,719 4,500
Consolidated $ 14,457 $ (606) $ (197) $ 8,731 $ 22,385
a
Included in operating income for the three months ended December 31, 2007, for YRC National Transportation and YRC Regional Transportation are pre
tax impairment charges related to prior acquisitions of $76.6 million and $705.3 million, respectively.