10-Q Filing

KNIGHT-SWIFT TRANSPORTATION HOLDINGS INC. CIK: 1492691 Q2 2018

Filing Information

Form Type	10-Q
Accession Number	`0001492691-18-000045`
Period End Date	20180630
Filing Date	20180808
Fiscal Year	2018
Fiscal Period	Q2
XBRL Instance	knx-20180630.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 92 Income Statement 116 Cash Flow Statement 72 Stockholders Equity 22

Balance Sheet 92 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`	$13.43M	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`	$88.71M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$76.65M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$115.49M	USD	Point-in-time
Preferred stock, shares authorized (in shares)	`PreferredStockSharesAuthorized`	10.00M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$8.02M	USD	Point-in-time
Cash and cash equivalents restricted	`RestrictedCashAndCashEquivalentsAtCarryingValue`	$50.71M	USD	Point-in-time
Cash and cash equivalents restricted	`RestrictedCashAndCashEquivalentsAtCarryingValue`	$73.66M	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
Cash and cash equivalents restricted	`RestrictedCashAndCashEquivalentsAtCarryingValue`	-	USD	Point-in-time
Restricted investments, held to maturity, amortized cost	`HeldToMaturitySecurities`	$21.50M	USD	Point-in-time
Restricted investments, held to maturity, amortized cost	`HeldToMaturitySecurities`	$22.23M	USD	Point-in-time
Trade receivables, net of allowance for doubtful accounts of $13,430 and $14,829, respectively	`AccountsReceivableNetCurrent`	$574.26M	USD	Point-in-time
Trade receivables, net of allowance for doubtful accounts of $13,430 and $14,829, respectively	`AccountsReceivableNetCurrent`	$598.85M	USD	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$58.52M	USD	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$58.44M	USD	Point-in-time
Assets held for sale	`AssetsOfDisposalGroupIncludingDiscontinuedOperationCurrent`	$25.15M	USD	Point-in-time
Assets held for sale	`AssetsOfDisposalGroupIncludingDiscontinuedOperationCurrent`	$36.27M	USD	Point-in-time
Income tax receivable	`IncomeTaxesReceivable`	$30.04M	USD	Point-in-time
Income tax receivable	`IncomeTaxesReceivable`	$55.11M	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$37.61M	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$30.03M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$941.33M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$923.21M	USD	Point-in-time
Property and equipment	`PropertyPlantAndEquipmentGross`	$3.00B	USD	Point-in-time
Property and equipment	`PropertyPlantAndEquipmentGross`	$2.85B	USD	Point-in-time
Less: accumulated depreciation and amortization	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$592.30M	USD	Point-in-time
Less: accumulated depreciation and amortization	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$462.92M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$2.40B	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$2.38B	USD	Point-in-time
Goodwill	`Goodwill`	$2.89B	USD	Point-in-time
Goodwill	`Goodwill`	$2.92B	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$1.44B	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$1.44B	USD	Point-in-time
Other long-term assets	`OtherAssetsNoncurrent`	$48.63M	USD	Point-in-time
Other long-term assets	`OtherAssetsNoncurrent`	$47.24M	USD	Point-in-time
Total assets	`Assets`	$7.75B	USD	Point-in-time
Total assets	`Assets`	$7.68B	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$119.87M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$141.47M	USD	Point-in-time
Accrued payroll and purchased transportation	`AccruedPayrollandPurchasedTransportation`	$107.02M	USD	Point-in-time
Accrued payroll and purchased transportation	`AccruedPayrollandPurchasedTransportation`	$126.39M	USD	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrent`	$186.38M	USD	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrent`	$155.25M	USD	Point-in-time
Claims accruals current portion	`AccruedInsuranceCurrent`	$152.24M	USD	Point-in-time
Claims accruals current portion	`AccruedInsuranceCurrent`	$147.28M	USD	Point-in-time
Capital lease obligations and long-term debt current portion	`CapitalLeaseObligationsCurrent`	$49.00M	USD	Point-in-time
Capital lease obligations and long-term debt current portion	`CapitalLeaseObligationsCurrent`	$65.88M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$609.55M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$641.22M	USD	Point-in-time
Revolving line of credit	`LongTermLineOfCredit`	$125.00M	USD	Point-in-time
Revolving line of credit	`LongTermLineOfCredit`	$120.00M	USD	Point-in-time
Long-term debt less current portion	`LongTermDebtNoncurrent`	$364.47M	USD	Point-in-time
Long-term debt less current portion	`LongTermDebtNoncurrent`	$364.77M	USD	Point-in-time
Capital lease obligations less current portion	`CapitalLeaseObligationsNoncurrent`	$127.13M	USD	Point-in-time
Capital lease obligations less current portion	`CapitalLeaseObligationsNoncurrent`	$93.30M	USD	Point-in-time
Accounts receivable securitization	`TransfersAccountedForAsSecuredBorrowingsAssociatedLiabilitiesCarryingAmount`	$215.00M	USD	Point-in-time
Accounts receivable securitization	`TransfersAccountedForAsSecuredBorrowingsAssociatedLiabilitiesCarryingAmount`	$305.00M	USD	Point-in-time
Claims accruals less current portion	`AccruedInsuranceNoncurrent`	$206.14M	USD	Point-in-time
Claims accruals less current portion	`AccruedInsuranceNoncurrent`	$213.10M	USD	Point-in-time
Deferred tax liabilities	`DeferredIncomeTaxLiabilitiesNet`	$684.60M	USD	Point-in-time
Deferred tax liabilities	`DeferredIncomeTaxLiabilitiesNet`	$679.08M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$25.66M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$26.40M	USD	Point-in-time
Total liabilities	`Liabilities`	$2.36B	USD	Point-in-time
Total liabilities	`Liabilities`	$2.44B	USD	Point-in-time
Commitments and contingencies (Notes 10 and 11)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies (Notes 10 and 11)	`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
As of June 30, 2018, common stock, par value $0.01 per share; 500,000 shares authorized; 178,633 shares issued and outstanding. As of December 31, 2017, Class A common stock, par value $0.01 per share; 500,000 shares authorized; 177,998 shares issued and outstanding	`CommonStockValueOutstanding`	$1.79M	USD	Point-in-time
As of June 30, 2018, common stock, par value $0.01 per share; 500,000 shares authorized; 178,633 shares issued and outstanding. As of December 31, 2017, Class A common stock, par value $0.01 per share; 500,000 shares authorized; 177,998 shares issued and outstanding	`CommonStockValueOutstanding`	$1.78M	USD	Point-in-time
As of December 31, 2017, Class B common stock, par value $0.01 per share; 250,000 shares authorized; none issued	`CommonStockOtherValueOutstanding`	-	USD	Point-in-time
As of December 31, 2017, Class B common stock, par value $0.01 per share; 250,000 shares authorized; 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`	$1.16B	USD	Point-in-time
Total Knight-Swift stockholders' equity	`StockholdersEquity`	$5.39B	USD	Point-in-time
Total Knight-Swift stockholders' equity	`StockholdersEquity`	$5.24B	USD	Point-in-time
Noncontrolling interest	`MinorityInterest`	$2.24M	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`	$5.40B	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$7.75B	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$7.68B	USD	Point-in-time

Income Statement 116 line items

Line Item	Tag	Value	Unit	Period
Total revenue	`Revenues`	$2.60B	USD	2 Qtrs
Total revenue	`Revenues`	$273.24M	USD	1 Quarter
Total revenue	`Revenues`	$1.33B	USD	1 Quarter
Total revenue	`Revenues`	$544.42M	USD	2 Qtrs
Salaries, wages, and benefits	`LaborAndRelatedExpense`	$371.40M	USD	1 Quarter
Salaries, wages, and benefits	`LaborAndRelatedExpense`	$733.08M	USD	2 Qtrs
Salaries, wages, and benefits	`LaborAndRelatedExpense`	$162.45M	USD	2 Qtrs
Salaries, wages, and benefits	`LaborAndRelatedExpense`	$79.94M	USD	1 Quarter
Fuel	`FuelCosts`	$68.95M	USD	2 Qtrs
Fuel	`FuelCosts`	$33.72M	USD	1 Quarter
Fuel	`FuelCosts`	$162.97M	USD	1 Quarter
Fuel	`FuelCosts`	$307.79M	USD	2 Qtrs
Operations and maintenance	`DirectOperatingMaintenanceSuppliesCosts`	$20.60M	USD	1 Quarter
Operations and maintenance	`DirectOperatingMaintenanceSuppliesCosts`	$41.25M	USD	2 Qtrs
Operations and maintenance	`DirectOperatingMaintenanceSuppliesCosts`	$88.28M	USD	1 Quarter
Operations and maintenance	`DirectOperatingMaintenanceSuppliesCosts`	$173.30M	USD	2 Qtrs
Insurance and claims	`OperatingInsuranceAndClaimsCostsProduction`	$8.29M	USD	1 Quarter
Insurance and claims	`OperatingInsuranceAndClaimsCostsProduction`	$112.27M	USD	2 Qtrs
Insurance and claims	`OperatingInsuranceAndClaimsCostsProduction`	$16.86M	USD	2 Qtrs
Insurance and claims	`OperatingInsuranceAndClaimsCostsProduction`	$53.13M	USD	1 Quarter
Operating taxes and licenses	`DirectTaxesAndLicensesCosts`	$45.82M	USD	2 Qtrs
Operating taxes and licenses	`DirectTaxesAndLicensesCosts`	$4.62M	USD	1 Quarter
Operating taxes and licenses	`DirectTaxesAndLicensesCosts`	$9.05M	USD	2 Qtrs
Operating taxes and licenses	`DirectTaxesAndLicensesCosts`	$22.67M	USD	1 Quarter
Communications	`CommunicationsInformationTechnologyAndOccupancy`	$2.20M	USD	2 Qtrs
Communications	`CommunicationsInformationTechnologyAndOccupancy`	$1.02M	USD	1 Quarter
Communications	`CommunicationsInformationTechnologyAndOccupancy`	$5.45M	USD	1 Quarter
Communications	`CommunicationsInformationTechnologyAndOccupancy`	$10.74M	USD	2 Qtrs
Depreciation and amortization of property and equipment	`Depreciation`	$29.25M	USD	1 Quarter
Depreciation and amortization of property and equipment	`Depreciation`	$58.80M	USD	2 Qtrs
Depreciation and amortization of property and equipment	`Depreciation`	$189.61M	USD	2 Qtrs
Depreciation and amortization of property and equipment	`Depreciation`	$95.75M	USD	1 Quarter
Amortization of intangibles	`AmortizationOfIntangibleAssets`	$125.00K	USD	1 Quarter
Amortization of intangibles	`AmortizationOfIntangibleAssets`	$250.00K	USD	2 Qtrs
Amortization of intangibles	`AmortizationOfIntangibleAssets`	$21.20M	USD	2 Qtrs
Amortization of intangibles	`AmortizationOfIntangibleAssets`	$10.69M	USD	1 Quarter
Rental expense	`LeaseAndRentalExpense`	$47.70M	USD	1 Quarter
Rental expense	`LeaseAndRentalExpense`	$100.58M	USD	2 Qtrs
Rental expense	`LeaseAndRentalExpense`	$1.23M	USD	1 Quarter
Rental expense	`LeaseAndRentalExpense`	$2.55M	USD	2 Qtrs
Purchased transportation	`PurchasedTransportation`	$58.30M	USD	1 Quarter
Purchased transportation	`PurchasedTransportation`	$660.00M	USD	2 Qtrs
Purchased transportation	`PurchasedTransportation`	$116.92M	USD	2 Qtrs
Purchased transportation	`PurchasedTransportation`	$335.71M	USD	1 Quarter
Miscellaneous operating expenses	`OtherCostAndExpenseOperating`	$3.57M	USD	1 Quarter
Miscellaneous operating expenses	`OtherCostAndExpenseOperating`	$13.69M	USD	1 Quarter
Miscellaneous operating expenses	`OtherCostAndExpenseOperating`	$30.45M	USD	2 Qtrs
Miscellaneous operating expenses	`OtherCostAndExpenseOperating`	$9.90M	USD	2 Qtrs
Merger-related costs	`BusinessCombinationAcquisitionRelatedCosts`	$4.18M	USD	1 Quarter
Merger-related costs	`BusinessCombinationAcquisitionRelatedCosts`	$4.18M	USD	2 Qtrs
Merger-related costs	`BusinessCombinationAcquisitionRelatedCosts`	-	USD	1 Quarter
Merger-related costs	`BusinessCombinationAcquisitionRelatedCosts`	-	USD	2 Qtrs
Total operating expenses	`OperatingExpenses`	$2.38B	USD	2 Qtrs
Total operating expenses	`OperatingExpenses`	$1.21B	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$493.38M	USD	2 Qtrs
Total operating expenses	`OperatingExpenses`	$244.83M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$28.41M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$124.24M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$51.05M	USD	2 Qtrs
Operating income	`OperatingIncomeLoss`	$217.99M	USD	2 Qtrs
Interest income	`InvestmentIncomeInterest`	$1.30M	USD	2 Qtrs
Interest income	`InvestmentIncomeInterest`	$189.00K	USD	2 Qtrs
Interest income	`InvestmentIncomeInterest`	$130.00K	USD	1 Quarter
Interest income	`InvestmentIncomeInterest`	$730.00K	USD	1 Quarter
Interest expense	`InterestExpense`	$54.00K	USD	1 Quarter
Interest expense	`InterestExpense`	$7.13M	USD	1 Quarter
Interest expense	`InterestExpense`	$136.00K	USD	2 Qtrs
Interest expense	`InterestExpense`	$13.90M	USD	2 Qtrs
Other income, net	`OtherNonoperatingIncomeExpense`	$3.16M	USD	2 Qtrs
Other income, net	`OtherNonoperatingIncomeExpense`	$1.32M	USD	2 Qtrs
Other income, net	`OtherNonoperatingIncomeExpense`	$601.00K	USD	1 Quarter
Other income, net	`OtherNonoperatingIncomeExpense`	$1.00M	USD	1 Quarter
Other (expense) income, net	`NonoperatingIncomeExpense`	$1.38M	USD	2 Qtrs
Other (expense) income, net	`NonoperatingIncomeExpense`	$-5.40M	USD	1 Quarter
Other (expense) income, net	`NonoperatingIncomeExpense`	$-9.43M	USD	2 Qtrs
Other (expense) income, net	`NonoperatingIncomeExpense`	$677.00K	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$208.55M	USD	2 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$29.09M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$52.42M	USD	2 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$118.84M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$27.22M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$10.83M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$19.06M	USD	2 Qtrs
Income tax expense	`IncomeTaxExpenseBenefit`	$46.19M	USD	2 Qtrs
Net income	`ProfitLoss`	$18.26M	USD	1 Quarter
Net income	`ProfitLoss`	$33.37M	USD	2 Qtrs
Net income	`ProfitLoss`	$162.36M	USD	2 Qtrs
Net income	`ProfitLoss`	$91.63M	USD	1 Quarter
Net income attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$673.00K	USD	2 Qtrs
Net income attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$305.00K	USD	1 Quarter
Net income attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$289.00K	USD	1 Quarter
Net income attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$518.00K	USD	2 Qtrs
Net income attributable to Knight-Swift	`NetIncomeLoss`	$91.32M	USD	1 Quarter
Net income attributable to Knight-Swift	`NetIncomeLoss`	$161.69M	USD	2 Qtrs
Net income attributable to Knight-Swift	`NetIncomeLoss`	$17.97M	USD	1 Quarter
Net income attributable to Knight-Swift	`NetIncomeLoss`	$32.85M	USD	2 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.91	USD	2 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.22	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.41	USD	2 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.51	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.40	USD	2 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.22	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.90	USD	2 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.51	USD	1 Quarter
Dividends declared per share: (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$0.12	USD	2 Qtrs
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
Dividends declared per share: (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$0.12	USD	2 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	178.45M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	80.42M	shares	2 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	80.52M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	178.31M	shares	2 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	179.32M	shares	2 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	81.28M	shares	2 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	81.35M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	179.40M	shares	1 Quarter

Cash Flow Statement 72 line items

Line Item	Tag	Value	Unit	Period
Net income	`ProfitLoss`	$18.26M	USD	1 Quarter
Net income	`ProfitLoss`	$33.37M	USD	2 Qtrs
Net income	`ProfitLoss`	$162.36M	USD	2 Qtrs
Net income	`ProfitLoss`	$91.63M	USD	1 Quarter
Depreciation and amortization of property, equipment, and intangibles	`DepreciationDepletionAndAmortization`	$59.05M	USD	2 Qtrs
Depreciation and amortization of property, equipment, and intangibles	`DepreciationDepletionAndAmortization`	$210.81M	USD	2 Qtrs
Gain on sale of property and equipment	`GainLossOnSaleOfPropertyPlantEquipment`	$15.81M	USD	2 Qtrs
Gain on sale of property and equipment	`GainLossOnSaleOfPropertyPlantEquipment`	$1.64M	USD	2 Qtrs
Deferred income taxes	`IncreaseDecreaseInDeferredIncomeTaxes`	$-6.56M	USD	2 Qtrs
Deferred income taxes	`IncreaseDecreaseInDeferredIncomeTaxes`	$-5.52M	USD	2 Qtrs
Other adjustments to reconcile net income to net cash provided by operating activities	`OtherNoncashIncomeExpense`	$660.00K	USD	2 Qtrs
Other adjustments to reconcile net income to net cash provided by operating activities	`OtherNoncashIncomeExpense`	$-3.88M	USD	2 Qtrs
Trade receivables	`IncreaseDecreaseInAccountsAndOtherReceivables`	$-9.02M	USD	2 Qtrs
Trade receivables	`IncreaseDecreaseInAccountsAndOtherReceivables`	$-14.90M	USD	2 Qtrs
Income tax receivable	`IncreaseDecreaseInIncomeTaxesReceivable`	$2.87M	USD	2 Qtrs
Income tax receivable	`IncreaseDecreaseInIncomeTaxesReceivable`	$-25.08M	USD	2 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-1.98M	USD	2 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-14.51M	USD	2 Qtrs
Accrued liabilities and claims accrual	`IncreaseDecreaseinAccruedLiabilitiesandOtherLiabilities`	$9.05M	USD	2 Qtrs
Accrued liabilities and claims accrual	`IncreaseDecreaseinAccruedLiabilitiesandOtherLiabilities`	$-6.26M	USD	2 Qtrs
Other assets and liabilities	`OtherOperatingActivitiesCashFlowStatement`	$-667.00K	USD	2 Qtrs
Other assets and liabilities	`OtherOperatingActivitiesCashFlowStatement`	$1.63M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$375.91M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$120.91M	USD	2 Qtrs
Proceeds from maturities of held-to-maturity investments	`ProceedsFromSaleAndMaturityOfHeldToMaturitySecurities`	$18.22M	USD	2 Qtrs
Proceeds from maturities of held-to-maturity investments	`ProceedsFromSaleAndMaturityOfHeldToMaturitySecurities`	-	USD	2 Qtrs
Purchases of held-to-maturity investments	`PaymentsToAcquireRestrictedInvestments`	-	USD	2 Qtrs
Purchases of held-to-maturity investments	`PaymentsToAcquireRestrictedInvestments`	$17.45M	USD	2 Qtrs
Proceeds from sale of property and equipment, including assets held for sale	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$12.93M	USD	2 Qtrs
Proceeds from sale of property and equipment, including assets held for sale	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$99.03M	USD	2 Qtrs
Purchases of property and equipment	`PaymentsToAcquireProductiveAssets`	$220.41M	USD	2 Qtrs
Purchases of property and equipment	`PaymentsToAcquireProductiveAssets`	$35.51M	USD	2 Qtrs
Expenditures on assets held for sale	`PaymentsToAcquireOtherProductiveAssets`	-	USD	2 Qtrs
Expenditures on assets held for sale	`PaymentsToAcquireOtherProductiveAssets`	$19.50M	USD	2 Qtrs
Abilene Acquisition, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	-	USD	2 Qtrs
Abilene Acquisition, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$101.69M	USD	2 Qtrs
Other cash flows from investing activities	`PaymentsForProceedsFromOtherInvestingActivities`	$-9.25M	USD	2 Qtrs
Other cash flows from investing activities	`PaymentsForProceedsFromOtherInvestingActivities`	$-6.24M	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-232.56M	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-16.34M	USD	2 Qtrs
Repayment of long-term debt and capital leases	`RepaymentsOfDebtAndCapitalLeaseObligations`	$17.37M	USD	2 Qtrs
Repayment of long-term debt and capital leases	`RepaymentsOfDebtAndCapitalLeaseObligations`	-	USD	2 Qtrs
Repayments on revolving lines of credit, net	`ProceedsFromRepaymentsOfLinesOfCredit`	$-5.00M	USD	2 Qtrs
Repayments on revolving lines of credit, net	`ProceedsFromRepaymentsOfLinesOfCredit`	$-18.00M	USD	2 Qtrs
Borrowings under accounts receivable securitization	`ProceedsFromAccountsReceivableSecuritization`	-	USD	2 Qtrs
Borrowings under accounts receivable securitization	`ProceedsFromAccountsReceivableSecuritization`	$15.00M	USD	2 Qtrs
Repayment of accounts receivable securitization	`RepaymentsOfAccountsReceivableSecuritization`	$105.00M	USD	2 Qtrs
Repayment of accounts receivable securitization	`RepaymentsOfAccountsReceivableSecuritization`	-	USD	2 Qtrs
Proceeds from common stock issued	`ProceedsFromStockPlans`	$10.93M	USD	2 Qtrs
Proceeds from common stock issued	`ProceedsFromStockPlans`	$6.32M	USD	2 Qtrs
Dividends paid	`PaymentsOfDividends`	$21.73M	USD	2 Qtrs
Dividends paid	`PaymentsOfDividends`	$9.93M	USD	2 Qtrs
Other cash flows from financing activities	`ProceedsFromPaymentsForOtherFinancingActivities`	$-2.19M	USD	2 Qtrs
Other cash flows from financing activities	`ProceedsFromPaymentsForOtherFinancingActivities`	$-3.60M	USD	2 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-23.80M	USD	2 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-126.77M	USD	2 Qtrs
Net increase in cash, restricted cash, and equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$80.77M	USD	2 Qtrs
Net increase in cash, restricted cash, and equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$16.58M	USD	2 Qtrs
Cash, restricted cash, and equivalents at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$90.18M	USD	Point-in-time
Cash, restricted cash, and equivalents at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$168.31M	USD	Point-in-time
Cash, restricted cash, and equivalents at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$151.73M	USD	Point-in-time
Cash, restricted cash, and equivalents at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$9.41M	USD	Point-in-time
Cash, restricted cash, and equivalents at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$90.18M	USD	Point-in-time
Cash, restricted cash, and equivalents at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$168.31M	USD	Point-in-time
Cash, restricted cash, and equivalents at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$151.73M	USD	Point-in-time
Cash, restricted cash, and equivalents at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$9.41M	USD	Point-in-time
Interest	`InterestPaid`	$138.00K	USD	2 Qtrs
Interest	`InterestPaid`	$13.31M	USD	2 Qtrs
Income taxes, net of refunds received	`IncomeTaxesPaidNet`	$16.35M	USD	2 Qtrs
Income taxes, net of refunds received	`IncomeTaxesPaidNet`	$13.43M	USD	2 Qtrs
Equipment acquired included in accounts payable	`CapitalExpendituresIncurredButNotYetPaid`	$32.75M	USD	2 Qtrs
Equipment acquired included in accounts payable	`CapitalExpendituresIncurredButNotYetPaid`	$396.00K	USD	2 Qtrs

Stockholders Equity 22 line items

Line Item	Tag	Value	Unit	Period
Beginning balance, value	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$5.24B	USD	Point-in-time
Beginning balance, value	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$5.40B	USD	Point-in-time
Common stock issued to employees	`StockIssuedDuringPeriodValueShareBasedCompensation`	$9.38M	USD	2 Qtrs
Common stock issued to the board of directors (shares)	`StockIssuedDuringPeriodSharesNewIssues`	19,000.00	shares	2 Qtrs
Common stock issued to the board of directors	`StockIssuedDuringPeriodValueNewIssues`	$774.00K	USD	2 Qtrs
Common stock issued under employee stock purchase plan	`StockIssuedDuringPeriodValueEmployeeStockPurchasePlan`	$777.00K	USD	2 Qtrs
Shares withheld restricted stock unit settlement	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$2.53M	USD	2 Qtrs
Employee stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$4.40M	USD	2 Qtrs
Cash dividends paid and dividends accrued	`Dividends`	$21.51M	USD	2 Qtrs
Net income attributable to Knight-Swift	`NetIncomeLoss`	$91.32M	USD	1 Quarter
Net income attributable to Knight-Swift	`NetIncomeLoss`	$161.69M	USD	2 Qtrs
Net income attributable to Knight-Swift	`NetIncomeLoss`	$17.97M	USD	1 Quarter
Net income attributable to Knight-Swift	`NetIncomeLoss`	$32.85M	USD	2 Qtrs
Distribution to noncontrolling interest	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$1.07M	USD	2 Qtrs
Net income attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$673.00K	USD	2 Qtrs
Net income attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$305.00K	USD	1 Quarter
Net income attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$289.00K	USD	1 Quarter
Net income attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$518.00K	USD	2 Qtrs
Net acquisition of remaining ownership interest, previously noncontrolling	`AdjustmentsToAdditionalPaidInCapitalOther`	$-1.87M	USD	2 Qtrs
Net cumulative-effect adjustment from adopting ASC Topic 606	`CumulativeEffectOnRetainedEarningsNetOfTax1`	$5.30M	USD	2 Qtrs
Ending balance, value	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$5.24B	USD	Point-in-time
Ending balance, value	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$5.40B	USD	Point-in-time

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