10-Q Filing

KNIGHT-SWIFT TRANSPORTATION HOLDINGS INC. CIK: 1492691 Q1 2018

Filing Information

Form Type	10-Q
Accession Number	`0001492691-18-000029`
Period End Date	20180331
Filing Date	20180509
Fiscal Year	2018
Fiscal Period	Q1
XBRL Instance	knx-20180331.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 114 Income Statement 60 Cash Flow Statement 96 Stockholders Equity 15

Balance Sheet 114 line items

Line Item	Tag	Value	Unit	Period
Allowance for Doubtful Accounts Receivable, Current	`AllowanceForDoubtfulAccountsReceivableCurrent`	$14.83M	USD	Point-in-time
Allowance for Doubtful Accounts Receivable, Current	`AllowanceForDoubtfulAccountsReceivableCurrent`	$14.72M	USD	Point-in-time
Preferred stock, par value (in dollars per share)	`PreferredStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Preferred stock, par value (in dollars per share)	`PreferredStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Preferred stock, shares authorized (in shares)	`PreferredStockSharesAuthorized`	10.00M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$76.65M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$79.18M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$8.02M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$44.78M	USD	Point-in-time
Preferred stock, shares authorized (in shares)	`PreferredStockSharesAuthorized`	10.00M	shares	Point-in-time
Cash and cash equivalents restricted	`RestrictedCashAndCashEquivalentsAtCarryingValue`	-	USD	Point-in-time
Cash and cash equivalents restricted	`RestrictedCashAndCashEquivalentsAtCarryingValue`	$73.66M	USD	Point-in-time
Cash and cash equivalents restricted	`RestrictedCashAndCashEquivalentsAtCarryingValue`	$55.62M	USD	Point-in-time
Preferred stock, shares issued (in shares)	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Preferred stock, shares issued (in shares)	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Cash and cash equivalents restricted	`RestrictedCashAndCashEquivalentsAtCarryingValue`	-	USD	Point-in-time
Restricted investments, held to maturity, amortized cost	`HeldToMaturitySecurities`	$22.23M	USD	Point-in-time
Restricted investments, held to maturity, amortized cost	`HeldToMaturitySecurities`	$22.28M	USD	Point-in-time
Trade receivables, net of allowance for doubtful accounts of $14,723 and $14,829, respectively	`AccountsReceivableNetCurrent`	$574.26M	USD	Point-in-time
Trade receivables, net of allowance for doubtful accounts of $14,723 and $14,829, respectively	`AccountsReceivableNetCurrent`	$589.98M	USD	Point-in-time
Equipment sales receivables	`EquipmentSalesReceivableCurrent`	$8.93M	USD	Point-in-time
Equipment sales receivables	`EquipmentSalesReceivableCurrent`	$1.20M	USD	Point-in-time
Notes receivable, net	`NotesAndLoansReceivableNetCurrent`	$4.06M	USD	Point-in-time
Notes receivable, net	`NotesAndLoansReceivableNetCurrent`	$4.74M	USD	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$58.52M	USD	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$62.21M	USD	Point-in-time
Assets held for sale	`AssetsOfDisposalGroupIncludingDiscontinuedOperationCurrent`	$30.44M	USD	Point-in-time
Assets held for sale	`AssetsOfDisposalGroupIncludingDiscontinuedOperationCurrent`	$25.15M	USD	Point-in-time
Income tax receivable	`IncomeTaxesReceivable`	$26.84M	USD	Point-in-time
Income tax receivable	`IncomeTaxesReceivable`	$55.11M	USD	Point-in-time
Other current assets	`OtherAssetsRestrictedCashandInvestmentsCurrent`	$23.68M	USD	Point-in-time
Other current assets	`OtherAssetsRestrictedCashandInvestmentsCurrent`	$23.95M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$923.21M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$895.50M	USD	Point-in-time
Revenue equipment	`RevenueEquipment`	$2.20B	USD	Point-in-time
Revenue equipment	`RevenueEquipment`	$2.22B	USD	Point-in-time
Land and land improvements	`LandAndLandImprovements`	$219.73M	USD	Point-in-time
Land and land improvements	`LandAndLandImprovements`	$216.68M	USD	Point-in-time
Buildings and building improvements	`BuildingsAndImprovementsGross`	$357.41M	USD	Point-in-time
Buildings and building improvements	`BuildingsAndImprovementsGross`	$356.51M	USD	Point-in-time
Furniture and fixtures	`FurnitureAndFixturesGross`	$43.13M	USD	Point-in-time
Furniture and fixtures	`FurnitureAndFixturesGross`	$50.66M	USD	Point-in-time
Shop and service equipment	`ShopandServiceEquipment`	$23.22M	USD	Point-in-time
Shop and service equipment	`ShopandServiceEquipment`	$22.86M	USD	Point-in-time
Leasehold improvements	`LeaseholdImprovementsGross`	$9.99M	USD	Point-in-time
Leasehold improvements	`LeaseholdImprovementsGross`	$9.90M	USD	Point-in-time
Total property and equipment	`PropertyPlantAndEquipmentGross`	$2.88B	USD	Point-in-time
Total property and equipment	`PropertyPlantAndEquipmentGross`	$2.85B	USD	Point-in-time
Less: accumulated depreciation and amortization	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$532.06M	USD	Point-in-time
Less: accumulated depreciation and amortization	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$462.92M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$2.38B	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$2.35B	USD	Point-in-time
Notes receivable, long-term	`NotesAndLoansReceivableNetNoncurrent`	$11.06M	USD	Point-in-time
Notes receivable, long-term	`NotesAndLoansReceivableNetNoncurrent`	$11.50M	USD	Point-in-time
Goodwill	`Goodwill`	$2.91B	USD	Point-in-time
Goodwill	`Goodwill`	$2.89B	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$1.45B	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$1.44B	USD	Point-in-time
Other long-term assets, restricted cash, and investments	`OtherAssetsRestrictedCashandInvestmentsNoncurrent`	$39.73M	USD	Point-in-time
Other long-term assets, restricted cash, and investments	`OtherAssetsRestrictedCashandInvestmentsNoncurrent`	$36.18M	USD	Point-in-time
Total assets	`Assets`	$7.68B	USD	Point-in-time
Total assets	`Assets`	$7.66B	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$112.31M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$119.87M	USD	Point-in-time
Accrued payroll and purchased transportation	`AccruedPayrollandPurchasedTransportation`	$107.02M	USD	Point-in-time
Accrued payroll and purchased transportation	`AccruedPayrollandPurchasedTransportation`	$117.00M	USD	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrent`	$186.08M	USD	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrent`	$187.86M	USD	Point-in-time
Claims accruals current portion	`AccruedInsuranceCurrent`	$154.19M	USD	Point-in-time
Claims accruals current portion	`AccruedInsuranceCurrent`	$147.28M	USD	Point-in-time
Long-term debt current portion	`LongTermDebtCurrent`	$30.00K	USD	Point-in-time
Long-term debt current portion	`LongTermDebtCurrent`	$441.00K	USD	Point-in-time
Capital lease obligations current portion	`CapitalLeaseObligationsCurrent`	$46.28M	USD	Point-in-time
Capital lease obligations current portion	`CapitalLeaseObligationsCurrent`	$48.97M	USD	Point-in-time
Dividend payable current portion	`DividendsPayableCurrent`	$277.00K	USD	Point-in-time
Dividend payable current portion	`DividendsPayableCurrent`	$303.00K	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$618.36M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$609.55M	USD	Point-in-time
Revolving line of credit	`LongTermLineOfCredit`	$125.00M	USD	Point-in-time
Revolving line of credit	`LongTermLineOfCredit`	$55.00M	USD	Point-in-time
Long-term debt less current portion	`LongTermDebtNoncurrent`	$364.77M	USD	Point-in-time
Long-term debt less current portion	`LongTermDebtNoncurrent`	$364.41M	USD	Point-in-time
Capital lease obligations less current portion	`CapitalLeaseObligationsNoncurrent`	$127.13M	USD	Point-in-time
Capital lease obligations less current portion	`CapitalLeaseObligationsNoncurrent`	$120.75M	USD	Point-in-time
Accounts receivable securitization	`TransfersAccountedForAsSecuredBorrowingsAssociatedLiabilitiesCarryingAmount`	$280.00M	USD	Point-in-time
Accounts receivable securitization	`TransfersAccountedForAsSecuredBorrowingsAssociatedLiabilitiesCarryingAmount`	$305.00M	USD	Point-in-time
Claims accruals less current portion	`AccruedInsuranceNoncurrent`	$212.80M	USD	Point-in-time
Claims accruals less current portion	`AccruedInsuranceNoncurrent`	$206.14M	USD	Point-in-time
Deferred tax liabilities	`DeferredIncomeTaxLiabilitiesNet`	$671.11M	USD	Point-in-time
Deferred tax liabilities	`DeferredIncomeTaxLiabilitiesNet`	$679.08M	USD	Point-in-time
Long-term dividend payable and other long-term liabilities	`LongtermDividendPayableandOtherLongtermLiabilities`	$26.40M	USD	Point-in-time
Long-term dividend payable and other long-term liabilities	`LongtermDividendPayableandOtherLongtermLiabilities`	$24.46M	USD	Point-in-time
Total liabilities	`Liabilities`	$2.44B	USD	Point-in-time
Total liabilities	`Liabilities`	$2.35B	USD	Point-in-time
Commitments and contingencies (Note 13)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies (Note 13)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Preferred stock, par value $0.01 per share; 10,000 shares authorized; none issued	`PreferredStockValueOutstanding`	-	USD	Point-in-time
Preferred stock, par value $0.01 per share; 10,000 shares authorized; none issued	`PreferredStockValueOutstanding`	-	USD	Point-in-time
Class A common stock, par value $0.01 per share; authorized 500,000 shares; 178,292 and 177,998 shares issued and outstanding as of March 31, 2018 and December 31, 2017, respectively	`CommonStockValueOutstanding`	$1.78M	USD	Point-in-time
Class A common stock, par value $0.01 per share; authorized 500,000 shares; 178,292 and 177,998 shares issued and outstanding as of March 31, 2018 and December 31, 2017, respectively	`CommonStockValueOutstanding`	$1.78M	USD	Point-in-time
Class B common stock, par value $0.01 per share; Authorized 250,000 shares; none issued	`CommonStockOtherValueOutstanding`	-	USD	Point-in-time
Class B common stock, par value $0.01 per share; Authorized 250,000 shares; none issued	`CommonStockOtherValueOutstanding`	-	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$4.22B	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$4.23B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$1.02B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$1.08B	USD	Point-in-time
Total Knight-Swift stockholders' equity	`StockholdersEquity`	$5.31B	USD	Point-in-time
Total Knight-Swift stockholders' equity	`StockholdersEquity`	$5.24B	USD	Point-in-time
Noncontrolling interest	`MinorityInterest`	$2.21M	USD	Point-in-time
Noncontrolling interest	`MinorityInterest`	$2.64M	USD	Point-in-time
Total stockholders equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$5.24B	USD	Point-in-time
Total stockholders equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$5.31B	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$7.68B	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$7.66B	USD	Point-in-time

Income Statement 60 line items

Line Item	Tag	Value	Unit	Period
Revenue before fuel surcharge	`SalesRevenueServicesNet`	$1.12B	USD	1 Quarter
Revenue before fuel surcharge	`SalesRevenueServicesNet`	$244.98M	USD	1 Quarter
Fuel surcharge	`ReimbursementRevenue`	$146.96M	USD	1 Quarter
Fuel surcharge	`ReimbursementRevenue`	$26.20M	USD	1 Quarter
Total revenue	`Revenues`	$1.27B	USD	1 Quarter
Total revenue	`Revenues`	$271.18M	USD	1 Quarter
Salaries, wages, and benefits	`LaborAndRelatedExpense`	$361.67M	USD	1 Quarter
Salaries, wages, and benefits	`LaborAndRelatedExpense`	$82.51M	USD	1 Quarter
Fuel	`FuelCosts`	$35.23M	USD	1 Quarter
Fuel	`FuelCosts`	$144.82M	USD	1 Quarter
Operations and maintenance	`DirectOperatingMaintenanceSuppliesCosts`	$85.02M	USD	1 Quarter
Operations and maintenance	`DirectOperatingMaintenanceSuppliesCosts`	$20.65M	USD	1 Quarter
Insurance and claims	`OperatingInsuranceAndClaimsCostsProduction`	$59.15M	USD	1 Quarter
Insurance and claims	`OperatingInsuranceAndClaimsCostsProduction`	$8.57M	USD	1 Quarter
Operating taxes and licenses	`CostOfServicesDirectTaxesAndLicensesCosts`	$4.43M	USD	1 Quarter
Operating taxes and licenses	`CostOfServicesDirectTaxesAndLicensesCosts`	$23.15M	USD	1 Quarter
Communications	`CommunicationsInformationTechnologyAndOccupancy`	$5.29M	USD	1 Quarter
Communications	`CommunicationsInformationTechnologyAndOccupancy`	$1.19M	USD	1 Quarter
Depreciation and amortization of property and equipment	`DepreciationAndAmortization`	$93.86M	USD	1 Quarter
Depreciation and amortization of property and equipment	`DepreciationAndAmortization`	$29.56M	USD	1 Quarter
Amortization of intangibles	`AmortizationOfIntangibleAssets`	$125.00K	USD	1 Quarter
Amortization of intangibles	`AmortizationOfIntangibleAssets`	$10.51M	USD	1 Quarter
Rental expense	`LeaseAndRentalExpense`	$52.88M	USD	1 Quarter
Rental expense	`LeaseAndRentalExpense`	$1.32M	USD	1 Quarter
Purchased transportation	`PurchasedTransportation`	$58.62M	USD	1 Quarter
Purchased transportation	`PurchasedTransportation`	$324.28M	USD	1 Quarter
Miscellaneous operating expenses	`OtherCostAndExpenseOperating`	$6.33M	USD	1 Quarter
Miscellaneous operating expenses	`OtherCostAndExpenseOperating`	$16.76M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$248.54M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$1.18B	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$22.64M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$93.74M	USD	1 Quarter
Interest income	`InvestmentIncomeInterest`	$58.00K	USD	1 Quarter
Interest income	`InvestmentIncomeInterest`	$572.00K	USD	1 Quarter
Interest expense	`InterestExpense`	$82.00K	USD	1 Quarter
Interest expense	`InterestExpense`	$6.76M	USD	1 Quarter
Other income, net	`OtherNonoperatingIncomeExpense`	$2.15M	USD	1 Quarter
Other income, net	`OtherNonoperatingIncomeExpense`	$722.00K	USD	1 Quarter
Other (expense) income, net	`NonoperatingIncomeExpense`	$698.00K	USD	1 Quarter
Other (expense) income, net	`NonoperatingIncomeExpense`	$-4.04M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$23.34M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$89.71M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$18.98M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$8.23M	USD	1 Quarter
Net income	`ProfitLoss`	$70.73M	USD	1 Quarter
Net income	`ProfitLoss`	$15.11M	USD	1 Quarter
Net income attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$230.00K	USD	1 Quarter
Net income attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$368.00K	USD	1 Quarter
Net income attributable to Knight-Swift	`NetIncomeLoss`	$14.88M	USD	1 Quarter
Net income attributable to Knight-Swift	`NetIncomeLoss`	$70.36M	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.39	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.19	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.18	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.39	USD	1 Quarter
Dividends declared per share: (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$0.06	USD	1 Quarter
Dividends declared per share: (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$0.06	USD	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	80.31M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	178.16M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	179.24M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	81.25M	shares	1 Quarter

Cash Flow Statement 96 line items

Line Item	Tag	Value	Unit	Period
Repayments of Short-term Debt	`RepaymentsOfShortTermDebt`	-	USD	1 Quarter
Repayments of Short-term Debt	`RepaymentsOfShortTermDebt`	$18.00M	USD	1 Quarter
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$46.18M	USD	Point-in-time
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$151.73M	USD	Point-in-time
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$136.42M	USD	Point-in-time
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$9.41M	USD	Point-in-time
Net income	`ProfitLoss`	$70.73M	USD	1 Quarter
Net income	`ProfitLoss`	$15.11M	USD	1 Quarter
Depreciation and amortization of property, equipment, and intangibles	`DepreciationDepletionAndAmortization`	$29.68M	USD	1 Quarter
Depreciation and amortization of property, equipment, and intangibles	`DepreciationDepletionAndAmortization`	$104.37M	USD	1 Quarter
Amortization of debt issuance costs and other	`AmortizationOfDebtIssuanceCostsOriginalIssueDiscountAndLossesOnTerminatedSwaps`	-	USD	1 Quarter
Amortization of debt issuance costs and other	`AmortizationOfDebtIssuanceCostsOriginalIssueDiscountAndLossesOnTerminatedSwaps`	$163.00K	USD	1 Quarter
Gain on sale of equipment	`GainOnDisposalOfPropertyAndEquipmentLessWriteOffOfTotaledTractors`	$7.10M	USD	1 Quarter
Gain on sale of equipment	`GainOnDisposalOfPropertyAndEquipmentLessWriteOffOfTotaledTractors`	$807.00K	USD	1 Quarter
Deferred income taxes	`IncreaseDecreaseInDeferredIncomeTaxes`	$-2.91M	USD	1 Quarter
Deferred income taxes	`IncreaseDecreaseInDeferredIncomeTaxes`	$10.32M	USD	1 Quarter
Reduction of allowance for doubtful accounts and notes receivable	`ProvisionForDoubtfulAccounts`	$-61.00K	USD	1 Quarter
Reduction of allowance for doubtful accounts and notes receivable	`ProvisionForDoubtfulAccounts`	$-1.69M	USD	1 Quarter
Stock-based compensation expense	`ShareBasedCompensation`	$1.42M	USD	1 Quarter
Stock-based compensation expense	`ShareBasedCompensation`	$1.99M	USD	1 Quarter
Income from investment in Transportation Resource Partners	`IncomeLossFromEquityMethodInvestments`	$813.00K	USD	1 Quarter
Income from investment in Transportation Resource Partners	`IncomeLossFromEquityMethodInvestments`	$776.00K	USD	1 Quarter
Transportation Resource Partners impairment	`EquityMethodInvestmentOtherThanTemporaryImpairment`	$53.00K	USD	1 Quarter
Transportation Resource Partners impairment	`EquityMethodInvestmentOtherThanTemporaryImpairment`	-	USD	1 Quarter
Trade and equipment sales receivables	`IncreaseDecreaseInAccountsAndOtherReceivables`	$-22.29M	USD	1 Quarter
Trade and equipment sales receivables	`IncreaseDecreaseInAccountsAndOtherReceivables`	$-14.60M	USD	1 Quarter
Other current assets	`IncreaseDecreaseInOtherCurrentAssets`	$-747.00K	USD	1 Quarter
Other current assets	`IncreaseDecreaseInOtherCurrentAssets`	$15.00K	USD	1 Quarter
Prepaid expenses	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$2.32M	USD	1 Quarter
Prepaid expenses	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$995.00K	USD	1 Quarter
Income tax receivable	`IncreaseDecreaseInIncomeTaxesReceivable`	$-6.14M	USD	1 Quarter
Income tax receivable	`IncreaseDecreaseInIncomeTaxesReceivable`	$-28.27M	USD	1 Quarter
Other long-term assets	`IncreaseDecreaseInOtherOperatingAssets`	$1.41M	USD	1 Quarter
Other long-term assets	`IncreaseDecreaseInOtherOperatingAssets`	$-64.00K	USD	1 Quarter
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-3.84M	USD	1 Quarter
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-12.18M	USD	1 Quarter
Accrued liabilities and claims accrual	`IncreaseDecreaseinAccruedLiabilitiesandOtherLiabilities`	$2.00M	USD	1 Quarter
Accrued liabilities and claims accrual	`IncreaseDecreaseinAccruedLiabilitiesandOtherLiabilities`	$16.14M	USD	1 Quarter
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$208.86M	USD	1 Quarter
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$65.48M	USD	1 Quarter
Proceeds from maturities of held-to-maturity investments	`ProceedsFromSaleAndMaturityOfHeldToMaturitySecurities`	$5.53M	USD	1 Quarter
Proceeds from maturities of held-to-maturity investments	`ProceedsFromSaleAndMaturityOfHeldToMaturitySecurities`	-	USD	1 Quarter
Purchases of held-to-maturity investments	`PaymentsToAcquireRestrictedInvestments`	$5.42M	USD	1 Quarter
Purchases of held-to-maturity investments	`PaymentsToAcquireRestrictedInvestments`	-	USD	1 Quarter
Proceeds from sale of property and equipment, including assets held for sale	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$5.44M	USD	1 Quarter
Proceeds from sale of property and equipment, including assets held for sale	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$49.42M	USD	1 Quarter
Purchases of property and equipment	`PaymentsToAcquireProductiveAssets`	$17.02M	USD	1 Quarter
Purchases of property and equipment	`PaymentsToAcquireProductiveAssets`	$56.47M	USD	1 Quarter
Proceeds from notes receivable	`ProceedsFromCollectionOfNotesReceivable`	$641.00K	USD	1 Quarter
Proceeds from notes receivable	`ProceedsFromCollectionOfNotesReceivable`	$1.37M	USD	1 Quarter
Expenditures on assets held for sale	`ExpendituresOnAssetsHeldForSale`	$6.47M	USD	1 Quarter
Expenditures on assets held for sale	`ExpendituresOnAssetsHeldForSale`	-	USD	1 Quarter
Payments received on equipment sale receivables	`ProceedsFromCollectionOfFinanceReceivables`	-	USD	1 Quarter
Payments received on equipment sale receivables	`ProceedsFromCollectionOfFinanceReceivables`	$220.00K	USD	1 Quarter
Proceeds from Equity Method Investment, Distribution, Return of Capital	`ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital`	-	USD	1 Quarter
Proceeds from Equity Method Investment, Distribution, Return of Capital	`ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital`	$2.73M	USD	1 Quarter
Cash proceeds from Transportation Resource Partners	`ProceedsFromSaleAndMaturityOfOtherInvestments`	$5.32M	USD	1 Quarter
Cash proceeds from Transportation Resource Partners	`ProceedsFromSaleAndMaturityOfOtherInvestments`	-	USD	1 Quarter
Payments to Acquire Businesses, Net of Cash Acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	-	USD	1 Quarter
Payments to Acquire Businesses, Net of Cash Acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$101.57M	USD	1 Quarter
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-110.65M	USD	1 Quarter
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-5.62M	USD	1 Quarter
Repayment of long-term debt and capital leases	`RepaymentsOfDebtAndCapitalLeaseObligations`	-	USD	1 Quarter
Repayment of long-term debt and capital leases	`RepaymentsOfDebtAndCapitalLeaseObligations`	$9.08M	USD	1 Quarter
Repayments on Knight Revolver, net	`ProceedsFromRepaymentsOfLinesOfCredit`	$-70.00M	USD	1 Quarter
Repayments on Knight Revolver, net	`ProceedsFromRepaymentsOfLinesOfCredit`	-	USD	1 Quarter
Repayment of accounts receivable securitization	`RepaymentsOfAccountsReceivableSecuritization`	$25.00M	USD	1 Quarter
Repayment of accounts receivable securitization	`RepaymentsOfAccountsReceivableSecuritization`	-	USD	1 Quarter
Proceeds from common stock issued	`ProceedsFromStockPlans`	$2.09M	USD	1 Quarter
Proceeds from common stock issued	`ProceedsFromStockPlans`	$4.46M	USD	1 Quarter
Share withholding for taxes due on equity awards	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$1.60M	USD	1 Quarter
Share withholding for taxes due on equity awards	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$2.12M	USD	1 Quarter
Dividends paid	`PaymentsOfDividends`	$10.98M	USD	1 Quarter
Dividends paid	`PaymentsOfDividends`	$5.09M	USD	1 Quarter
Cash distribution to noncontrolling interest holder	`PaymentsToMinorityShareholders`	$801.00K	USD	1 Quarter
Cash distribution to noncontrolling interest holder	`PaymentsToMinorityShareholders`	$488.00K	USD	1 Quarter
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-23.09M	USD	1 Quarter
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-113.53M	USD	1 Quarter
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-15.31M	USD	1 Quarter
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$36.78M	USD	1 Quarter
Cash, restricted cash, and equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$76.65M	USD	Point-in-time
Cash, restricted cash, and equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$79.18M	USD	Point-in-time
Cash, restricted cash, and equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$8.02M	USD	Point-in-time
Cash, restricted cash, and equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$44.78M	USD	Point-in-time
Interest	`InterestPaid`	$84.00K	USD	1 Quarter
Interest	`InterestPaid`	$6.53M	USD	1 Quarter
Income taxes	`IncomeTaxesPaidNet`	$-1.15M	USD	1 Quarter
Income taxes	`IncomeTaxesPaidNet`	$-858.00K	USD	1 Quarter
Equipment acquired included in accounts payable	`CapitalExpendituresIncurredButNotYetPaid`	$364.00K	USD	1 Quarter
Equipment acquired included in accounts payable	`CapitalExpendituresIncurredButNotYetPaid`	$6.60M	USD	1 Quarter
Financing provided to independent contractors for equipment sold	`OtherSignificantNoncashTransactionValueOfConsiderationGiven1`	$584.00K	USD	1 Quarter
Financing provided to independent contractors for equipment sold	`OtherSignificantNoncashTransactionValueOfConsiderationGiven1`	$1.11M	USD	1 Quarter
Transfers from property and equipment to assets held for sale	`ContributionOfProperty`	$22.40M	USD	1 Quarter
Transfers from property and equipment to assets held for sale	`ContributionOfProperty`	$7.70M	USD	1 Quarter
Net dividends accrued for restricted stock units	`NetDividendAccruedforRestrictedStockUnits`	$52.00K	USD	1 Quarter
Net dividends accrued for restricted stock units	`NetDividendAccruedforRestrictedStockUnits`	$31.00K	USD	1 Quarter

Stockholders Equity 15 line items

Line Item	Tag	Value	Unit	Period
Beginning balance, value	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$5.24B	USD	Point-in-time
Beginning balance, value	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$5.31B	USD	Point-in-time
Issuance of common stock to employees	`StockIssuedDuringPeriodValueShareBasedCompensation`	$4.09M	USD	1 Quarter
Shares issued under employee stock purchase plan	`StockIssuedDuringPeriodValueEmployeeStockPurchasePlan`	$371.00K	USD	1 Quarter
Shares withheld restricted stock unit settlement	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$2.12M	USD	1 Quarter
Employee stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$1.99M	USD	1 Quarter
Cash dividends paid and dividends accrued	`Dividends`	$10.74M	USD	1 Quarter
Net income attributable to Knight-Swift	`NetIncomeLoss`	$14.88M	USD	1 Quarter
Net income attributable to Knight-Swift	`NetIncomeLoss`	$70.36M	USD	1 Quarter
Distribution to noncontrolling interest	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$801.00K	USD	1 Quarter
Net income attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$230.00K	USD	1 Quarter
Net income attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$368.00K	USD	1 Quarter
Cumulative-effect adjustment from adopting ASC 606	`CumulativeEffectOnRetainedEarningsNetOfTax1`	$5.30M	USD	1 Quarter
Ending balance, value	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$5.24B	USD	Point-in-time
Ending balance, value	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$5.31B	USD	Point-in-time

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.