Werner Enterprises Inc. reported unaudited consolidated earnings results for the fourth quarter and full year ended December 31, 2012. For the quarter, operating revenues were $509,694,000 against $507,937,000 for the same period of last year. Operating income was $43,124,000 against $49,399,000 for the same period of last year. Income before income taxes was $43,665,000 against $49,988,000 for the same period of last year. Net income was $25,981,000 against $29,368,000 for the same period of last year. Diluted earnings per share was $0.35 against $0.40 for the same period of last year. Net capital expenditures in fourth quarter 2012 were $45 million.

For the year, operating revenues were $2,036,386,000 against $2,002,850,000 for the same period of last year. Operating income was $171,444,000 against $173,674,000 for the same period of last year. Income before income taxes was $173,166,000 against $174,906,000 for the same period of last year. Net income was $103,034,000 against $102,757,000 for the same period of last year. Diluted earnings per share was $1.40 against $1.40 for the same period of last year. Full year 2012 net capital expenditures were $225 million.

The company expects net capital expenditures for 2013 to be lower, in a range of $100 million to $150 million. Capital expenditures in first quarter 2013 will likely be low, with the majority of 2013 capital expenditures expected to occur in the last three calendar quarters of the year.