Phoenix-based Knight Transportation Inc. said total revenue increased 19.5 percent, to $174.7 million for the quarter from $146.2 million for the same quarter of 2005.

Revenue, before fuel surcharge, increased 15.1 percent, to $146.6 million from $127.4 million for the same quarter of 2005. Net income increased 22.0 percent, to $18.9 million from $15.5 million for the same period of 2005.
Net income per diluted share increased to $0.22 from $0.18 for the same period of 2005. Excluding equity-based compensation expense for the third quarter 2006, net income increased 25.8 percent, to $19.5 million from $15.5 million for the same period of 2005, when equity-based compensation was not required to be expensed.
Year-to-date, total revenue increased 21.7 percent, to $489.5 million from $402.2 million for the same period of 2005. Revenue, before fuel surcharge, increased 16.2 percent, to $416.3 million from $358.2 million for the same period of 2005. Net income increased 22.3 percent, to $52.8 million from $43.2 million for the same period of 2005.
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