BNI » Topics » Compensation and benefits

This excerpt taken from the BNI 8-K filed May 25, 2007.

COMPENSATION AND BENEFITS

Compensation and benefits expenses of $3,515 million were $193 million, or 6 percent, higher than 2004. The increase was primarily related to the significant increase in freight volumes experienced in 2005. The increases in freight volumes drove an increase in crew training costs and an approximate 5 percent increase in employee headcount.

This excerpt taken from the BNI 10-K filed Feb 16, 2007.

COMPENSATION AND BENEFITS

 

Compensation and benefits expenses of $3,515 million were $193 million, or 6 percent, higher than 2004. The increase was primarily related to the significant increase in freight volumes experienced in 2005. The increases in freight volumes drove an increase in crew training costs and an approximate 5 percent increase in employee headcount.

 

This excerpt taken from the BNI 10-Q filed Jul 25, 2006.

Compensation and benefits

Compensation and benefits expenses for the first half of 2006 of $1,847 million were $145 million, or 9 percent, higher than the same 2005 period. This increase was primarily related to 7-percent higher unit volumes. Additionally, increased pension and stock option expenses were partially offset by a decrease in incentive compensation expense.

This excerpt taken from the BNI 10-Q filed Apr 25, 2006.

Compensation and benefits

Compensation and benefits includes expenses for BNSF employee compensation and benefit programs. The primary factors influencing the expenses recorded are volume, headcount, utilization, wage rates, incentives earned during the period, benefit plan participation as well as pension-related expenses.

Compensation and benefits expenses of $919 million were $66 million, or 8 percent, higher than the first quarter of 2005. This increase was primarily related to 5 percent higher unit volumes and wage inflation. Additionally, higher pension expenses and an increase in expense related to the issuance of stock options, which were partially offset by lower incentive compensation expense, contributed to this increase.

This excerpt taken from the BNI 10-K filed Feb 17, 2006.

COMPENSATION AND BENEFITS

 

Compensation and benefits expenses of $3,322 million were $359 million, or 12 percent, higher than 2003. The increase was primarily related to the significant increase in volumes. These increases in traffic volume drove an approximate 3 percent increase in employee headcount as well as greater overtime and crew training costs. Improved financial performance has led to higher incentive expenses for the Company’s salaried and scheduled workforce. Additionally, BNSF recognized increased pension costs of $17 million.

 

This excerpt taken from the BNI 10-Q filed Oct 25, 2005.

Compensation and benefits

 

Compensation and benefits expenses for the first three quarters of 2005 of $2,602 million were $144 million, or 6 percent, higher than the same 2004 period. This increase in expense was primarily related to 6 percent higher volumes. Additionally, compared to the same 2004 period, pension expense was higher, while incentive compensation expense was lower.

 

This excerpt taken from the BNI 10-Q filed Jul 26, 2005.

Compensation and benefits

 

Compensation and benefits expenses for the first half of 2005 of $1,702 million were $97 million, or 6 percent, higher than the same 2004 period. This increase in expense was primarily related to higher volumes, which drove an approximate headcount increase of 5 percent. Additionally, compared to the same 2004 period, pension expense was higher, while incentive compensation expense was lower.

 

This excerpt taken from the BNI 10-Q filed Apr 28, 2005.

Compensation and benefits

 

Compensation and benefits includes expenses for BNSF employee compensation and benefit programs. The primary factors influencing the expenses recorded are volume, headcount, utilization, wage rates, incentives earned during the period, benefit plan participation and pension expenses.

 

Compensation and benefits expenses of $853 million were $66 million, or 8 percent, higher than the first quarter of 2004. This increase is primarily related to significant volume increases, which led to an increase in both headcount and wages earned. Additionally, an increase in wage rates, incentive expenses and pension expenses contributed to this variance over the first quarter of 2004.

 

This excerpt taken from the BNI 10-K filed Feb 15, 2005.

COMPENSATION AND BENEFITS

 

Compensation and benefits expenses of $2,963 million were $69 million, or 2 percent, higher than 2002 primarily due to higher volumes and the implementation of Statement of Financial Accounting Standards (SFAS) No. 143, Accounting for Asset Retirement Obligations, as described in Note 2 of the Consolidated Financial Statements, as well as wage inflation, higher pension costs and new hire crew training, partially offset by lower head counts and the favorable impact of railroad retirement reform on payroll tax costs.

 

23


Table of Contents

"Compensation and benefits" elsewhere:

Avis Budget Group (CAR)
Wikinvest © 2006, 2007, 2008, 2009, 2010, 2011, 2012. Use of this site is subject to express Terms of Service, Privacy Policy, and Disclaimer. By continuing past this page, you agree to abide by these terms. Any information provided by Wikinvest, including but not limited to company data, competitors, business analysis, market share, sales revenues and other operating metrics, earnings call analysis, conference call transcripts, industry information, or price targets should not be construed as research, trading tips or recommendations, or investment advice and is provided with no warrants as to its accuracy. Stock market data, including US and International equity symbols, stock quotes, share prices, earnings ratios, and other fundamental data is provided by data partners. Stock market quotes delayed at least 15 minutes for NASDAQ, 20 mins for NYSE and AMEX. Market data by Xignite. See data providers for more details. Company names, products, services and branding cited herein may be trademarks or registered trademarks of their respective owners. The use of trademarks or service marks of another is not a representation that the other is affiliated with, sponsors, is sponsored by, endorses, or is endorsed by Wikinvest.
Powered by MediaWiki