10-Q Filing

KNIGHT-SWIFT TRANSPORTATION HOLDINGS INC. CIK: 1492691 Q3 2018

Filing Information

Form Type	10-Q
Accession Number	`0001492691-18-000057`
Period End Date	20180930
Filing Date	20181109
Fiscal Year	2018
Fiscal Period	Q3
XBRL Instance	knx-20180930.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 92 Income Statement 120 Cash Flow Statement 82 Stockholders Equity 22

Balance Sheet 92 line items

Line Item	Tag	Value	Unit	Period
Allowance for Doubtful Accounts Receivable, Current	`AllowanceForDoubtfulAccountsReceivableCurrent`	$14.55M	USD	Point-in-time
Allowance for Doubtful Accounts Receivable, Current	`AllowanceForDoubtfulAccountsReceivableCurrent`	$14.83M	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
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$8.02M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$76.65M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$136.42M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$91.33M	USD	Point-in-time
Preferred stock, shares authorized (in shares)	`PreferredStockSharesAuthorized`	10.00M	shares	Point-in-time
Preferred stock, shares authorized (in shares)	`PreferredStockSharesAuthorized`	10.00M	shares	Point-in-time
Preferred stock, shares issued (in shares)	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Cash and cash equivalents restricted	`RestrictedCashAndCashEquivalentsAtCarryingValue`	$48.46M	USD	Point-in-time
Preferred stock, shares issued (in shares)	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Cash and cash equivalents restricted	`RestrictedCashAndCashEquivalentsAtCarryingValue`	$73.66M	USD	Point-in-time
Cash and cash equivalents restricted	`RestrictedCashAndCashEquivalentsAtCarryingValue`	$62.69M	USD	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`	$20.51M	USD	Point-in-time
Trade receivables, net of allowance for doubtful accounts of $14,550 and $14,829, respectively	`AccountsReceivableNetCurrent`	$574.26M	USD	Point-in-time
Trade receivables, net of allowance for doubtful accounts of $14,550 and $14,829, respectively	`AccountsReceivableNetCurrent`	$625.29M	USD	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$66.81M	USD	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$58.52M	USD	Point-in-time
Assets held for sale	`AssetsOfDisposalGroupIncludingDiscontinuedOperationCurrent`	$48.58M	USD	Point-in-time
Assets held for sale	`AssetsOfDisposalGroupIncludingDiscontinuedOperationCurrent`	$25.15M	USD	Point-in-time
Income tax receivable	`IncomeTaxesReceivable`	$55.11M	USD	Point-in-time
Income tax receivable	`IncomeTaxesReceivable`	$41.24M	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$29.61M	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$37.61M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$971.84M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$923.21M	USD	Point-in-time
Property and equipment	`PropertyPlantAndEquipmentGross`	$2.85B	USD	Point-in-time
Property and equipment	`PropertyPlantAndEquipmentGross`	$3.20B	USD	Point-in-time
Less: accumulated depreciation and amortization	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$643.03M	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`	$2.56B	USD	Point-in-time
Goodwill	`Goodwill`	$2.92B	USD	Point-in-time
Goodwill	`Goodwill`	$2.89B	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$1.43B	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$1.44B	USD	Point-in-time
Other long-term assets	`OtherAssetsNoncurrent`	$47.24M	USD	Point-in-time
Other long-term assets	`OtherAssetsNoncurrent`	$51.29M	USD	Point-in-time
Total assets	`Assets`	$7.93B	USD	Point-in-time
Total assets	`Assets`	$7.68B	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$164.94M	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`	$132.94M	USD	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrent`	$186.38M	USD	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrent`	$153.44M	USD	Point-in-time
Claims accruals current portion	`AccruedInsuranceCurrent`	$165.49M	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`	$63.55M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$609.55M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$680.36M	USD	Point-in-time
Revolving line of credit	`LongTermLineOfCredit`	$235.00M	USD	Point-in-time
Revolving line of credit	`LongTermLineOfCredit`	$125.00M	USD	Point-in-time
Long-term debt less current portion	`LongTermDebtNoncurrent`	$364.53M	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`	$73.69M	USD	Point-in-time
Accounts receivable securitization	`TransfersAccountedForAsSecuredBorrowingsAssociatedLiabilitiesCarryingAmount`	$234.57M	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`	$197.13M	USD	Point-in-time
Deferred tax liabilities	`DeferredIncomeTaxLiabilitiesNet`	$679.08M	USD	Point-in-time
Deferred tax liabilities	`DeferredIncomeTaxLiabilitiesNet`	$726.41M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$24.20M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$26.40M	USD	Point-in-time
Total liabilities	`Liabilities`	$2.44B	USD	Point-in-time
Total liabilities	`Liabilities`	$2.54B	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 September 30, 2018, common stock, par value $0.01 per share; 500,000 shares authorized; 175,616 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 September 30, 2018, common stock, par value $0.01 per share; 500,000 shares authorized; 175,616 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`	$1.76M	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`	$4.24B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$1.02B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$1.15B	USD	Point-in-time
Total Knight-Swift stockholders' equity	`StockholdersEquity`	$5.24B	USD	Point-in-time
Total Knight-Swift stockholders' equity	`StockholdersEquity`	$5.39B	USD	Point-in-time
Noncontrolling interest	`MinorityInterest`	$2.64M	USD	Point-in-time
Noncontrolling interest	`MinorityInterest`	$2.52M	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`	$7.68B	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$7.93B	USD	Point-in-time

Income Statement 120 line items

Line Item	Tag	Value	Unit	Period
Total revenue	`Revenues`	$1.07B	USD	3 Qtrs
Total revenue	`Revenues`	$3.95B	USD	3 Qtrs
Total revenue	`Revenues`	$521.61M	USD	1 Quarter
Total revenue	`Revenues`	$1.35B	USD	1 Quarter
Salaries, wages, and benefits	`LaborAndRelatedExpense`	$316.84M	USD	3 Qtrs
Salaries, wages, and benefits	`LaborAndRelatedExpense`	$1.11B	USD	3 Qtrs
Salaries, wages, and benefits	`LaborAndRelatedExpense`	$381.17M	USD	1 Quarter
Salaries, wages, and benefits	`LaborAndRelatedExpense`	$154.39M	USD	1 Quarter
Fuel	`FuelCosts`	$131.25M	USD	3 Qtrs
Fuel	`FuelCosts`	$162.83M	USD	1 Quarter
Fuel	`FuelCosts`	$470.62M	USD	3 Qtrs
Fuel	`FuelCosts`	$62.30M	USD	1 Quarter
Operations and maintenance	`DirectOperatingMaintenanceSuppliesCosts`	$260.66M	USD	3 Qtrs
Operations and maintenance	`DirectOperatingMaintenanceSuppliesCosts`	$87.36M	USD	1 Quarter
Operations and maintenance	`DirectOperatingMaintenanceSuppliesCosts`	$37.27M	USD	1 Quarter
Operations and maintenance	`DirectOperatingMaintenanceSuppliesCosts`	$78.52M	USD	3 Qtrs
Insurance and claims	`OperatingInsuranceAndClaimsCostsProduction`	$37.98M	USD	3 Qtrs
Insurance and claims	`OperatingInsuranceAndClaimsCostsProduction`	$52.70M	USD	1 Quarter
Insurance and claims	`OperatingInsuranceAndClaimsCostsProduction`	$164.97M	USD	3 Qtrs
Insurance and claims	`OperatingInsuranceAndClaimsCostsProduction`	$21.12M	USD	1 Quarter
Operating taxes and licenses	`DirectTaxesAndLicensesCosts`	$17.84M	USD	3 Qtrs
Operating taxes and licenses	`DirectTaxesAndLicensesCosts`	$67.81M	USD	3 Qtrs
Operating taxes and licenses	`DirectTaxesAndLicensesCosts`	$8.79M	USD	1 Quarter
Operating taxes and licenses	`DirectTaxesAndLicensesCosts`	$21.99M	USD	1 Quarter
Communications	`CommunicationsInformationTechnologyAndOccupancy`	$5.04M	USD	1 Quarter
Communications	`CommunicationsInformationTechnologyAndOccupancy`	$15.78M	USD	3 Qtrs
Communications	`CommunicationsInformationTechnologyAndOccupancy`	$1.92M	USD	1 Quarter
Communications	`CommunicationsInformationTechnologyAndOccupancy`	$4.12M	USD	3 Qtrs
Depreciation and amortization of property and equipment	`Depreciation`	$43.48M	USD	1 Quarter
Depreciation and amortization of property and equipment	`Depreciation`	$97.71M	USD	1 Quarter
Depreciation and amortization of property and equipment	`Depreciation`	$287.32M	USD	3 Qtrs
Depreciation and amortization of property and equipment	`Depreciation`	$102.28M	USD	3 Qtrs
Amortization of intangibles	`AmortizationOfIntangibleAssets`	$31.89M	USD	3 Qtrs
Amortization of intangibles	`AmortizationOfIntangibleAssets`	$2.90M	USD	3 Qtrs
Amortization of intangibles	`AmortizationOfIntangibleAssets`	$2.65M	USD	1 Quarter
Amortization of intangibles	`AmortizationOfIntangibleAssets`	$10.70M	USD	1 Quarter
Rental expense	`LeaseAndRentalExpense`	$15.39M	USD	1 Quarter
Rental expense	`LeaseAndRentalExpense`	$17.94M	USD	3 Qtrs
Rental expense	`LeaseAndRentalExpense`	$140.38M	USD	3 Qtrs
Rental expense	`LeaseAndRentalExpense`	$39.81M	USD	1 Quarter
Purchased transportation	`PurchasedTransportation`	$244.36M	USD	3 Qtrs
Purchased transportation	`PurchasedTransportation`	$329.34M	USD	1 Quarter
Purchased transportation	`PurchasedTransportation`	$989.33M	USD	3 Qtrs
Purchased transportation	`PurchasedTransportation`	$127.43M	USD	1 Quarter
Impairments	`ImpairmentOfLongLivedAssetsToBeDisposedOf`	-	USD	1 Quarter
Impairments	`ImpairmentOfLongLivedAssetsToBeDisposedOf`	-	USD	3 Qtrs
Impairments	`ImpairmentOfLongLivedAssetsToBeDisposedOf`	$16.75M	USD	3 Qtrs
Impairments	`ImpairmentOfLongLivedAssetsToBeDisposedOf`	$16.75M	USD	1 Quarter
Miscellaneous operating expenses	`OtherCostAndExpenseOperating`	$13.69M	USD	1 Quarter
Miscellaneous operating expenses	`OtherCostAndExpenseOperating`	$11.97M	USD	1 Quarter
Miscellaneous operating expenses	`OtherCostAndExpenseOperating`	$21.87M	USD	3 Qtrs
Miscellaneous operating expenses	`OtherCostAndExpenseOperating`	$44.14M	USD	3 Qtrs
Merger-related costs	`BusinessCombinationAcquisitionRelatedCosts`	-	USD	1 Quarter
Merger-related costs	`BusinessCombinationAcquisitionRelatedCosts`	$16.52M	USD	3 Qtrs
Merger-related costs	`BusinessCombinationAcquisitionRelatedCosts`	$12.34M	USD	1 Quarter
Merger-related costs	`BusinessCombinationAcquisitionRelatedCosts`	-	USD	3 Qtrs
Total operating expenses	`OperatingExpenses`	$1.01B	USD	3 Qtrs
Total operating expenses	`OperatingExpenses`	$515.80M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$1.20B	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$3.59B	USD	3 Qtrs
Operating income	`OperatingIncomeLoss`	$56.86M	USD	3 Qtrs
Operating income	`OperatingIncomeLoss`	$5.81M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$362.27M	USD	3 Qtrs
Operating income	`OperatingIncomeLoss`	$144.28M	USD	1 Quarter
Interest income	`InvestmentIncomeInterest`	$370.00K	USD	1 Quarter
Interest income	`InvestmentIncomeInterest`	$559.00K	USD	3 Qtrs
Interest income	`InvestmentIncomeInterest`	$2.19M	USD	3 Qtrs
Interest income	`InvestmentIncomeInterest`	$889.00K	USD	1 Quarter
Interest expense	`InterestExpense`	$21.42M	USD	3 Qtrs
Interest expense	`InterestExpense`	$1.81M	USD	1 Quarter
Interest expense	`InterestExpense`	$1.95M	USD	3 Qtrs
Interest expense	`InterestExpense`	$7.53M	USD	1 Quarter
Other income, net	`OtherNonoperatingIncomeExpense`	$-120.00K	USD	3 Qtrs
Other income, net	`OtherNonoperatingIncomeExpense`	$3.33M	USD	1 Quarter
Other income, net	`OtherNonoperatingIncomeExpense`	$-1.44M	USD	1 Quarter
Other income, net	`OtherNonoperatingIncomeExpense`	$6.49M	USD	3 Qtrs
Other (expense) income, net	`NonoperatingIncomeExpense`	$-12.75M	USD	3 Qtrs
Other (expense) income, net	`NonoperatingIncomeExpense`	$-1.51M	USD	3 Qtrs
Other (expense) income, net	`NonoperatingIncomeExpense`	$-2.88M	USD	1 Quarter
Other (expense) income, net	`NonoperatingIncomeExpense`	$-3.31M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$349.52M	USD	3 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$140.97M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$2.93M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$55.35M	USD	3 Qtrs
Income tax expense (benefit)	`IncomeTaxExpenseBenefit`	$80.82M	USD	3 Qtrs
Income tax expense (benefit)	`IncomeTaxExpenseBenefit`	$17.79M	USD	3 Qtrs
Income tax expense (benefit)	`IncomeTaxExpenseBenefit`	$34.62M	USD	1 Quarter
Income tax expense (benefit)	`IncomeTaxExpenseBenefit`	$-1.27M	USD	1 Quarter
Net income	`ProfitLoss`	$4.20M	USD	1 Quarter
Net income	`ProfitLoss`	$106.34M	USD	1 Quarter
Net income	`ProfitLoss`	$268.70M	USD	3 Qtrs
Net income	`ProfitLoss`	$37.56M	USD	3 Qtrs
Net income attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$463.00K	USD	1 Quarter
Net income attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$1.14M	USD	3 Qtrs
Net income attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$318.00K	USD	1 Quarter
Net income attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$836.00K	USD	3 Qtrs
Net income attributable to Knight-Swift	`NetIncomeLoss`	$3.88M	USD	1 Quarter
Net income attributable to Knight-Swift	`NetIncomeLoss`	$267.57M	USD	3 Qtrs
Net income attributable to Knight-Swift	`NetIncomeLoss`	$36.73M	USD	3 Qtrs
Net income attributable to Knight-Swift	`NetIncomeLoss`	$105.88M	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.04	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$1.50	USD	3 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.60	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.42	USD	3 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.04	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.41	USD	3 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$1.50	USD	3 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.60	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`	$0.18	USD	3 Qtrs
Dividends declared per share: (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$0.06	USD	1 Quarter
Dividends declared per share: (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$0.18	USD	3 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	176.85M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	177.82M	shares	3 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	102.85M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	87.98M	shares	3 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	177.75M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	88.85M	shares	3 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	103.75M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	178.79M	shares	3 Qtrs

Cash Flow Statement 82 line items

Line Item	Tag	Value	Unit	Period
Net income	`ProfitLoss`	$4.20M	USD	1 Quarter
Net income	`ProfitLoss`	$106.34M	USD	1 Quarter
Net income	`ProfitLoss`	$268.70M	USD	3 Qtrs
Net income	`ProfitLoss`	$37.56M	USD	3 Qtrs
Depreciation and amortization of property, equipment, and intangibles	`DepreciationDepletionAndAmortization`	$319.21M	USD	3 Qtrs
Depreciation and amortization of property, equipment, and intangibles	`DepreciationDepletionAndAmortization`	$105.18M	USD	3 Qtrs
Gain on sale of property and equipment	`GainLossOnSaleOfPropertyPlantEquipment`	$26.86M	USD	3 Qtrs
Gain on sale of property and equipment	`GainLossOnSaleOfPropertyPlantEquipment`	$2.46M	USD	3 Qtrs
Impairments	`ImpairmentOfLongLivedAssetsToBeDisposedOf`	-	USD	1 Quarter
Impairments	`ImpairmentOfLongLivedAssetsToBeDisposedOf`	-	USD	3 Qtrs
Impairments	`ImpairmentOfLongLivedAssetsToBeDisposedOf`	$16.75M	USD	3 Qtrs
Impairments	`ImpairmentOfLongLivedAssetsToBeDisposedOf`	$16.75M	USD	1 Quarter
Deferred income taxes	`IncreaseDecreaseInDeferredIncomeTaxes`	$-48.05M	USD	3 Qtrs
Deferred income taxes	`IncreaseDecreaseInDeferredIncomeTaxes`	$9.47M	USD	3 Qtrs
Other adjustments to reconcile net income to net cash provided by operating activities	`OtherNoncashIncomeExpense`	$-930.00K	USD	3 Qtrs
Other adjustments to reconcile net income to net cash provided by operating activities	`OtherNoncashIncomeExpense`	$-7.05M	USD	3 Qtrs
Trade receivables	`IncreaseDecreaseInAccountsAndOtherReceivables`	$6.03M	USD	3 Qtrs
Trade receivables	`IncreaseDecreaseInAccountsAndOtherReceivables`	$17.19M	USD	3 Qtrs
Income tax receivable	`IncreaseDecreaseInIncomeTaxesReceivable`	$-13.88M	USD	3 Qtrs
Income tax receivable	`IncreaseDecreaseInIncomeTaxesReceivable`	$23.86M	USD	3 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-4.45M	USD	3 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-10.53M	USD	3 Qtrs
Accrued liabilities and claims accrual	`IncreaseDecreaseinAccruedLiabilitiesandOtherLiabilities`	$23.79M	USD	3 Qtrs
Accrued liabilities and claims accrual	`IncreaseDecreaseinAccruedLiabilitiesandOtherLiabilities`	$-5.43M	USD	3 Qtrs
Other assets and liabilities	`OtherOperatingActivitiesCashFlowStatement`	$-7.73M	USD	3 Qtrs
Other assets and liabilities	`OtherOperatingActivitiesCashFlowStatement`	$-10.11M	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$580.64M	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$136.34M	USD	3 Qtrs
Proceeds from maturities of held-to-maturity investments	`ProceedsFromSaleAndMaturityOfHeldToMaturitySecurities`	$2.83M	USD	3 Qtrs
Proceeds from maturities of held-to-maturity investments	`ProceedsFromSaleAndMaturityOfHeldToMaturitySecurities`	$20.62M	USD	3 Qtrs
Purchases of held-to-maturity investments	`PaymentsToAcquireRestrictedInvestments`	$3.02M	USD	3 Qtrs
Purchases of held-to-maturity investments	`PaymentsToAcquireRestrictedInvestments`	$18.93M	USD	3 Qtrs
Proceeds from sale of property and equipment, including assets held for sale	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$150.60M	USD	3 Qtrs
Proceeds from sale of property and equipment, including assets held for sale	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$29.49M	USD	3 Qtrs
Purchases of property and equipment	`PaymentsToAcquireProductiveAssets`	$91.92M	USD	3 Qtrs
Purchases of property and equipment	`PaymentsToAcquireProductiveAssets`	$502.74M	USD	3 Qtrs
Expenditures on assets held for sale	`PaymentsToAcquireOtherProductiveAssets`	$25.43M	USD	3 Qtrs
Expenditures on assets held for sale	`PaymentsToAcquireOtherProductiveAssets`	$720.00K	USD	3 Qtrs
Net cash, restricted cash, and equivalents (invested in) acquired from mergers and acquisitions	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$101.69M	USD	3 Qtrs
Net cash, restricted cash, and equivalents (invested in) acquired from mergers and acquisitions	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$-91.96M	USD	3 Qtrs
Other cash flows from investing activities	`PaymentsForProceedsFromOtherInvestingActivities`	$-7.66M	USD	3 Qtrs
Other cash flows from investing activities	`PaymentsForProceedsFromOtherInvestingActivities`	$-10.07M	USD	3 Qtrs
Net cash (used in) provided by investing activities	`NetCashProvidedByUsedInInvestingActivities`	$36.28M	USD	3 Qtrs
Net cash (used in) provided by investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-467.50M	USD	3 Qtrs
Repayment of long-term debt and capital leases	`RepaymentsOfDebtAndCapitalLeaseObligations`	$39.31M	USD	3 Qtrs
Repayment of long-term debt and capital leases	`RepaymentsOfDebtAndCapitalLeaseObligations`	$454.15M	USD	3 Qtrs
Proceeds from long-term debt	`ProceedsFromIssuanceOfLongTermDebt`	$400.00M	USD	3 Qtrs
Proceeds from long-term debt	`ProceedsFromIssuanceOfLongTermDebt`	-	USD	3 Qtrs
Borrowings on revolving lines of credit, net	`ProceedsFromRepaymentsOfLinesOfCredit`	$67.00M	USD	3 Qtrs
Borrowings on revolving lines of credit, net	`ProceedsFromRepaymentsOfLinesOfCredit`	$110.00M	USD	3 Qtrs
Borrowings under accounts receivable securitization	`ProceedsFromAccountsReceivableSecuritization`	$20.00M	USD	3 Qtrs
Borrowings under accounts receivable securitization	`ProceedsFromAccountsReceivableSecuritization`	$35.00M	USD	3 Qtrs
Repayment of accounts receivable securitization	`RepaymentsOfAccountsReceivableSecuritization`	-	USD	3 Qtrs
Repayment of accounts receivable securitization	`RepaymentsOfAccountsReceivableSecuritization`	$105.00M	USD	3 Qtrs
Proceeds from common stock issued	`ProceedsFromStockPlans`	$12.37M	USD	3 Qtrs
Proceeds from common stock issued	`ProceedsFromStockPlans`	$9.73M	USD	3 Qtrs
Payments to repurchase company's common stock	`PaymentsForRepurchaseOfCommonStock`	-	USD	3 Qtrs
Payments to repurchase company's common stock	`PaymentsForRepurchaseOfCommonStock`	$100.00M	USD	3 Qtrs
Dividends paid	`PaymentsOfDividends`	$14.77M	USD	3 Qtrs
Dividends paid	`PaymentsOfDividends`	$32.29M	USD	3 Qtrs
Other cash flows from financing activities	`ProceedsFromPaymentsForOtherFinancingActivities`	$-4.27M	USD	3 Qtrs
Other cash flows from financing activities	`ProceedsFromPaymentsForOtherFinancingActivities`	$-9.14M	USD	3 Qtrs
Net cash (used in) provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$18.67M	USD	3 Qtrs
Net cash (used in) provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-123.50M	USD	3 Qtrs
Net (decrease) increase in cash, restricted cash, and equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-10.35M	USD	3 Qtrs
Net (decrease) increase in cash, restricted cash, and equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$191.30M	USD	3 Qtrs
Cash, restricted cash, and equivalents at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$141.39M	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 beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$200.70M	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 end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$141.39M	USD	Point-in-time
Cash, restricted cash, and equivalents at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$9.41M	USD	Point-in-time
Cash, restricted cash, and equivalents at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$200.70M	USD	Point-in-time
Cash, restricted cash, and equivalents at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$151.73M	USD	Point-in-time
Interest	`InterestPaid`	$2.92M	USD	3 Qtrs
Interest	`InterestPaid`	$20.19M	USD	3 Qtrs
Income taxes, net of refunds received	`IncomeTaxesPaidNet`	$50.71M	USD	3 Qtrs
Income taxes, net of refunds received	`IncomeTaxesPaidNet`	$16.15M	USD	3 Qtrs
Equipment acquired included in accounts payable	`CapitalExpendituresIncurredButNotYetPaid`	$16.56M	USD	3 Qtrs
Equipment acquired included in accounts payable	`CapitalExpendituresIncurredButNotYetPaid`	$51.89M	USD	3 Qtrs
Capital lease additions	`CapitalLeaseObligationsIncurred`	-	USD	3 Qtrs
Capital lease additions	`CapitalLeaseObligationsIncurred`	$15.02M	USD	3 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`	$10.29M	USD	3 Qtrs
Common stock issued to the board of directors	`StockIssuedDuringPeriodValueNewIssues`	$774.00K	USD	3 Qtrs
Common stock issued under employee stock purchase plan	`StockIssuedDuringPeriodValueEmployeeStockPurchasePlan`	$1.31M	USD	3 Qtrs
Company shares repurchased	`StockRepurchasedDuringPeriodValue`	$100.00M	USD	3 Qtrs
Shares withheld restricted stock unit settlement	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$2.55M	USD	3 Qtrs
Employee stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$7.22M	USD	3 Qtrs
Cash dividends paid and dividends accrued	`Dividends`	$32.10M	USD	3 Qtrs
Net income attributable to Knight-Swift	`NetIncomeLoss`	$3.88M	USD	1 Quarter
Net income attributable to Knight-Swift	`NetIncomeLoss`	$267.57M	USD	3 Qtrs
Net income attributable to Knight-Swift	`NetIncomeLoss`	$36.73M	USD	3 Qtrs
Net income attributable to Knight-Swift	`NetIncomeLoss`	$105.88M	USD	1 Quarter
Distribution to noncontrolling interest	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$1.25M	USD	3 Qtrs
Net income attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$463.00K	USD	1 Quarter
Net income attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$1.14M	USD	3 Qtrs
Net income attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$318.00K	USD	1 Quarter
Net income attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$836.00K	USD	3 Qtrs
Net acquisition of remaining ownership interest, previously noncontrolling	`AdjustmentsToAdditionalPaidInCapitalOther`	$-1.87M	USD	3 Qtrs
Net cumulative-effect adjustment from adopting ASC Topic 606	`CumulativeEffectOnRetainedEarningsNetOfTax1`	$5.30M	USD	3 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.