Arkansas Best Corporation reported unaudited consolidated earnings results for the fourth quarter and year ended December 31, 2011. For the quarter, the company reported operating revenue of $463,241,000 against $441,096,000 a year ago. Operating income was $1,635,000 against operating loss of $6,694,000 a year ago. Income before income taxes was $1,934,000 against loss before income taxes of $6,571,000 a year ago. Net income attributable to shareholders of the company was $1,404,000 or $0.05 per basic and diluted common share against net loss attributable to shareholders of the company of $3,109,000 or $0.12 per basic and diluted common share a year ago. Non-GAAP net income was $2,088,000 or $0.08 per diluted share compared with net loss of $3,109,000 or $0.12 per diluted share a year ago. Non-GAAP operating income was $2,760,000 compared with loss of $6,694,000 a year ago. For the year, the company reported operating revenue of $1,907,609,000 against $1,657,864,000 a year ago. Operating income was $9,759,000 against operating loss of $54,545,000 a year ago. Income before income taxes was $9,493,000 against loss before income taxes of $53,797,000 a year ago. Net income attributable to shareholders of the company was $6,159,000 or $0.23 per basic and diluted common share against net loss attributable to shareholders of the company of $32,693,000 or $1.30 per basic and diluted common share a year ago. Net cash provided by operating activities was $100,852,000 against $26,287,000 a year ago. Purchases of property, plant and equipment, net of capital leases and notes payable was $53,227,000 against $11,422,000 a year ago. Total net capital expenditures for 2011 were $77 million, including approximately $64 million of revenue equipment. Non-GAAP net income was $6,843,000 or $0.26 per diluted share compared with net loss of $32,585,000 or $1.30 per diluted share a year ago. Non-GAAP operating income was $10,884,000 compared with loss of $54,367,000 a year ago. For 2012, the company expects capital expenditures in the range of $80 million to $90 million. This includes approximately $55 million of revenue equipment, most all of which will be replacements. The remainder of expected capital expenditures includes the costs of other equipment, real estate and technology. The company expects full year tax rate to be in the range of 38% to 42%.