10-Q Filing

KNIGHT-SWIFT TRANSPORTATION HOLDINGS INC. CIK: 1492691 Q1 2019

Filing Information

Form Type	10-Q
Accession Number	`0001492691-19-000028`
Period End Date	20190331
Filing Date	20190508
Fiscal Year	2019
Fiscal Period	Q1
XBRL Instance	knx-20190331.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 100 Income Statement 56 Cash Flow Statement 76 Stockholders Equity 25

Balance Sheet 100 line items

Line Item	Tag	Value	Unit	Period
In-transit revenue balance	`ContractWithCustomerAssetNet`	$15.60M	USD	Point-in-time
In-transit revenue balance	`ContractWithCustomerAssetNet`	$20.10M	USD	Point-in-time
Allowance for Doubtful Accounts Receivable, Current	`AllowanceForDoubtfulAccountsReceivableCurrent`	$555.93M	USD	Point-in-time
Allowance for Doubtful Accounts Receivable, Current	`AllowanceForDoubtfulAccountsReceivableCurrent`	$616.83M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$60.22M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$76.65M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$82.49M	USD	Point-in-time
Preferred stock, par value (in dollars per share)	`PreferredStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$79.18M	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
Preferred stock, shares authorized (in shares)	`PreferredStockSharesAuthorized`	10.00M	shares	Point-in-time
Cash and cash equivalents restricted	`RestrictedCashAndCashEquivalentsAtCarryingValue`	$46.89M	USD	Point-in-time
Cash and cash equivalents restricted	`RestrictedCashAndCashEquivalentsAtCarryingValue`	$50.69M	USD	Point-in-time
Cash and cash equivalents restricted	`RestrictedCashAndCashEquivalentsAtCarryingValue`	$55.62M	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
Restricted investments, held-to-maturity, amortized cost	`HeldToMaturitySecurities`	$17.41M	USD	Point-in-time
Preferred stock, shares issued (in shares)	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Restricted investments, held-to-maturity, amortized cost	`HeldToMaturitySecurities`	$11.64M	USD	Point-in-time
Trade receivables, net of allowance for doubtful accounts of $17,872 and $16,355, respectively	`AccountsReceivableNetCurrent`	$555.93M	USD	Point-in-time
Trade receivables, net of allowance for doubtful accounts of $17,872 and $16,355, respectively	`AccountsReceivableNetCurrent`	$616.83M	USD	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$74.71M	USD	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$67.01M	USD	Point-in-time
Assets held for sale	`AssetsOfDisposalGroupIncludingDiscontinuedOperationCurrent`	$39.95M	USD	Point-in-time
Assets held for sale	`AssetsOfDisposalGroupIncludingDiscontinuedOperationCurrent`	$32.33M	USD	Point-in-time
Income tax receivable	`IncomeTaxesReceivable`	$1.40M	USD	Point-in-time
Income tax receivable	`IncomeTaxesReceivable`	$6.94M	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$26.55M	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$29.71M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$813.46M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$907.23M	USD	Point-in-time
Gross property and equipment	`PropertyPlantAndEquipmentGross`	$3.31B	USD	Point-in-time
Gross property and equipment	`PropertyPlantAndEquipmentGross`	$3.38B	USD	Point-in-time
Less: accumulated depreciation and amortization	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$693.11M	USD	Point-in-time
Less: accumulated depreciation and amortization	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$753.39M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$2.61B	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$2.62B	USD	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$252.90M	USD	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	-	USD	Point-in-time
Goodwill	`Goodwill`	$2.92B	USD	Point-in-time
Goodwill	`Goodwill`	$2.92B	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$1.41B	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$1.42B	USD	Point-in-time
Other long-term assets	`OtherAssetsNoncurrent`	$51.72M	USD	Point-in-time
Other long-term assets	`OtherAssetsNoncurrent`	$61.61M	USD	Point-in-time
Total assets	`Assets`	$7.91B	USD	Point-in-time
Total assets	`Assets`	$8.08B	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$117.88M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$158.65M	USD	Point-in-time
Accrued payroll and purchased transportation	`AccruedPayrollandPurchasedTransportation`	$126.46M	USD	Point-in-time
Accrued payroll and purchased transportation	`AccruedPayrollandPurchasedTransportation`	$118.06M	USD	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrent`	$167.81M	USD	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrent`	$151.50M	USD	Point-in-time
Claims accruals current portion	`AccruedInsuranceCurrent`	$160.04M	USD	Point-in-time
Claims accruals current portion	`AccruedInsuranceCurrent`	$155.39M	USD	Point-in-time
Finance lease liabilities and long-term debt current portion	`FinanceLeaseLiabilityCurrent`	$52.89M	USD	Point-in-time
Finance lease liabilities and long-term debt current portion	`FinanceLeaseLiabilityCurrent`	$58.67M	USD	Point-in-time
Operating lease liabilities current portion	`OperatingLeaseLiabilityCurrent`	-	USD	Point-in-time
Operating lease liabilities current portion	`OperatingLeaseLiabilityCurrent`	$109.16M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$614.56M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$761.97M	USD	Point-in-time
Revolving line of credit	`LongTermLineOfCredit`	$195.00M	USD	Point-in-time
Revolving line of credit	`LongTermLineOfCredit`	$60.00M	USD	Point-in-time
Long-term debt less current portion	`LongTermDebtNoncurrent`	$364.59M	USD	Point-in-time
Long-term debt less current portion	`LongTermDebtNoncurrent`	$364.65M	USD	Point-in-time
Finance lease liabilities less current portion	`FinanceLeaseLiabilityNoncurrent`	$71.25M	USD	Point-in-time
Finance lease liabilities less current portion	`FinanceLeaseLiabilityNoncurrent`	$68.22M	USD	Point-in-time
Operating lease liabilities less current portion	`OperatingLeaseLiabilityNoncurrent`	$151.63M	USD	Point-in-time
Operating lease liabilities less current portion	`OperatingLeaseLiabilityNoncurrent`	-	USD	Point-in-time
Accounts receivable securitization	`TransfersAccountedForAsSecuredBorrowingsAssociatedLiabilitiesCarryingAmount`	$174.65M	USD	Point-in-time
Accounts receivable securitization	`TransfersAccountedForAsSecuredBorrowingsAssociatedLiabilitiesCarryingAmount`	$239.61M	USD	Point-in-time
Claims accruals less current portion	`AccruedInsuranceNoncurrent`	$201.33M	USD	Point-in-time
Claims accruals less current portion	`AccruedInsuranceNoncurrent`	$207.42M	USD	Point-in-time
Deferred tax liabilities	`DeferredIncomeTaxLiabilitiesNet`	$730.52M	USD	Point-in-time
Deferred tax liabilities	`DeferredIncomeTaxLiabilitiesNet`	$739.54M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$23.29M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$17.48M	USD	Point-in-time
Total liabilities	`Liabilities`	$2.45B	USD	Point-in-time
Total liabilities	`Liabilities`	$2.54B	USD	Point-in-time
Commitments and contingencies (Notes 11 and 12)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies (Notes 11 and 12)	`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
Common stock, par value $0.01 per share; 500,000 shares authorized; 173,066 and 172,844 shares issued and outstanding as of March 31, 2019 and December 31, 2018, respectively.	`CommonStockValueOutstanding`	$1.73M	USD	Point-in-time
Common stock, par value $0.01 per share; 500,000 shares authorized; 173,066 and 172,844 shares issued and outstanding as of March 31, 2019 and December 31, 2018, respectively.	`CommonStockValueOutstanding`	$1.73M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$4.24B	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$4.25B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$1.22B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$1.29B	USD	Point-in-time
Total Knight-Swift stockholders' equity	`StockholdersEquity`	$5.46B	USD	Point-in-time
Total Knight-Swift stockholders' equity	`StockholdersEquity`	$5.54B	USD	Point-in-time
Noncontrolling interest	`MinorityInterest`	$1.77M	USD	Point-in-time
Noncontrolling interest	`MinorityInterest`	$1.87M	USD	Point-in-time
Total stockholders equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$5.31B	USD	Point-in-time
Total stockholders equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$5.54B	USD	Point-in-time
Total stockholders equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$5.46B	USD	Point-in-time
Total stockholders equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$5.24B	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$7.91B	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$8.08B	USD	Point-in-time

Income Statement 56 line items

Line Item	Tag	Value	Unit	Period
Total revenue	`Revenues`	$1.27B	USD	1 Quarter
Total revenue	`Revenues`	$1.20B	USD	1 Quarter
Salaries, wages, and benefits	`LaborAndRelatedExpense`	$361.67M	USD	1 Quarter
Salaries, wages, and benefits	`LaborAndRelatedExpense`	$363.86M	USD	1 Quarter
Fuel	`FuelCosts`	$144.82M	USD	1 Quarter
Fuel	`FuelCosts`	$138.44M	USD	1 Quarter
Operations and maintenance	`DirectOperatingMaintenanceSuppliesCosts`	$79.76M	USD	1 Quarter
Operations and maintenance	`DirectOperatingMaintenanceSuppliesCosts`	$85.02M	USD	1 Quarter
Insurance and claims	`OperatingInsuranceAndClaimsCostsProduction`	$50.14M	USD	1 Quarter
Insurance and claims	`OperatingInsuranceAndClaimsCostsProduction`	$59.15M	USD	1 Quarter
Operating taxes and licenses	`DirectTaxesAndLicensesCosts`	$23.15M	USD	1 Quarter
Operating taxes and licenses	`DirectTaxesAndLicensesCosts`	$21.80M	USD	1 Quarter
Communications	`CommunicationsInformationTechnologyAndOccupancy`	$5.08M	USD	1 Quarter
Communications	`CommunicationsInformationTechnologyAndOccupancy`	$5.29M	USD	1 Quarter
Depreciation and amortization of property and equipment	`Depreciation`	$100.94M	USD	1 Quarter
Depreciation and amortization of property and equipment	`Depreciation`	$93.86M	USD	1 Quarter
Amortization of intangibles	`AmortizationOfIntangibleAssets`	$10.51M	USD	1 Quarter
Amortization of intangibles	`AmortizationOfIntangibleAssets`	$10.69M	USD	1 Quarter
Rental expense	`LeaseAndRentalExpense`	$35.55M	USD	1 Quarter
Rental expense	`LeaseAndRentalExpense`	$52.88M	USD	1 Quarter
Purchased transportation	`PurchasedTransportation`	$269.35M	USD	1 Quarter
Purchased transportation	`PurchasedTransportation`	$324.28M	USD	1 Quarter
Miscellaneous operating expenses	`OtherCostAndExpenseOperating`	$12.64M	USD	1 Quarter
Miscellaneous operating expenses	`OtherCostAndExpenseOperating`	$16.76M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$1.18B	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$1.09B	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$116.30M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$93.74M	USD	1 Quarter
Interest income	`InvestmentIncomeInterest`	$572.00K	USD	1 Quarter
Interest income	`InvestmentIncomeInterest`	$1.02M	USD	1 Quarter
Interest expense	`InterestExpense`	$7.35M	USD	1 Quarter
Interest expense	`InterestExpense`	$6.76M	USD	1 Quarter
Other income, net	`OtherNonoperatingIncomeExpense`	$2.15M	USD	1 Quarter
Other income, net	`OtherNonoperatingIncomeExpense`	$6.14M	USD	1 Quarter
Other (expenses) income, net	`NonoperatingIncomeExpense`	$-193.00K	USD	1 Quarter
Other (expenses) income, net	`NonoperatingIncomeExpense`	$-4.04M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$116.11M	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`	$27.92M	USD	1 Quarter
Net income	`ProfitLoss`	$88.18M	USD	1 Quarter
Net income	`ProfitLoss`	$70.73M	USD	1 Quarter
Net income attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$245.00K	USD	1 Quarter
Net income attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$368.00K	USD	1 Quarter
Net income attributable to Knight-Swift	`NetIncomeLoss`	$87.94M	USD	1 Quarter
Net income attributable to Knight-Swift	`NetIncomeLoss`	$70.36M	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.51	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.39	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.39	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.51	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`	172.97M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	178.16M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	173.61M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	179.24M	shares	1 Quarter

Cash Flow Statement 76 line items

Line Item	Tag	Value	Unit	Period
Net income	`ProfitLoss`	$88.18M	USD	1 Quarter
Net income	`ProfitLoss`	$70.73M	USD	1 Quarter
Depreciation and amortization of property, equipment, and intangibles	`DepreciationDepletionAndAmortization`	$104.37M	USD	1 Quarter
Depreciation and amortization of property, equipment, and intangibles	`DepreciationDepletionAndAmortization`	$111.63M	USD	1 Quarter
Gain on sale of property and equipment	`GainLossOnSaleOfPropertyPlantEquipment`	$7.10M	USD	1 Quarter
Gain on sale of property and equipment	`GainLossOnSaleOfPropertyPlantEquipment`	$11.79M	USD	1 Quarter
Deferred income taxes	`IncreaseDecreaseInDeferredIncomeTaxes`	$10.32M	USD	1 Quarter
Deferred income taxes	`IncreaseDecreaseInDeferredIncomeTaxes`	$9.60M	USD	1 Quarter
Non-cash lease expense	`AmortizationOfLeasedAsset`	$27.63M	USD	1 Quarter
Non-cash lease expense	`AmortizationOfLeasedAsset`	-	USD	1 Quarter
Other adjustments to reconcile net income to net cash provided by operating activities	`OtherNoncashIncomeExpense`	$2.76M	USD	1 Quarter
Other adjustments to reconcile net income to net cash provided by operating activities	`OtherNoncashIncomeExpense`	$352.00K	USD	1 Quarter
Trade receivables	`IncreaseDecreaseInAccountsAndOtherReceivables`	$-62.36M	USD	1 Quarter
Trade receivables	`IncreaseDecreaseInAccountsAndOtherReceivables`	$-22.29M	USD	1 Quarter
Income tax receivable	`IncreaseDecreaseInIncomeTaxesReceivable`	$-5.54M	USD	1 Quarter
Income tax receivable	`IncreaseDecreaseInIncomeTaxesReceivable`	$-28.27M	USD	1 Quarter
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-1.81M	USD	1 Quarter
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-12.18M	USD	1 Quarter
Accrued liabilities and claims accrual	`IncreaseDecreaseinAccruedLiabilitiesandOtherLiabilities`	$16.14M	USD	1 Quarter
Accrued liabilities and claims accrual	`IncreaseDecreaseinAccruedLiabilitiesandOtherLiabilities`	$14.25M	USD	1 Quarter
Operating lease liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	-	USD	1 Quarter
Operating lease liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$-27.40M	USD	1 Quarter
Other assets and liabilities	`OtherOperatingActivitiesCashFlowStatement`	$-12.78M	USD	1 Quarter
Other assets and liabilities	`OtherOperatingActivitiesCashFlowStatement`	$-2.99M	USD	1 Quarter
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$208.86M	USD	1 Quarter
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$243.45M	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`	$8.31M	USD	1 Quarter
Purchases of held-to-maturity investments	`PaymentsToAcquireRestrictedInvestments`	$2.57M	USD	1 Quarter
Purchases of held-to-maturity investments	`PaymentsToAcquireRestrictedInvestments`	$5.42M	USD	1 Quarter
Proceeds from sale of property and equipment, including assets held for sale	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$49.42M	USD	1 Quarter
Proceeds from sale of property and equipment, including assets held for sale	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$56.66M	USD	1 Quarter
Purchases of property and equipment	`PaymentsToAcquireProductiveAssets`	$105.78M	USD	1 Quarter
Purchases of property and equipment	`PaymentsToAcquireProductiveAssets`	$56.47M	USD	1 Quarter
Expenditures on assets held for sale	`PaymentsToAcquireOtherProductiveAssets`	$6.47M	USD	1 Quarter
Expenditures on assets held for sale	`PaymentsToAcquireOtherProductiveAssets`	$4.27M	USD	1 Quarter
Net cash, restricted cash, and equivalents invested in acquisition	`PaymentsToAcquireBusinessesNetOfCashAcquired`	-	USD	1 Quarter
Net cash, restricted cash, and equivalents invested in acquisition	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$101.57M	USD	1 Quarter
Other cash flows from investing activities	`PaymentsForProceedsFromOtherInvestingActivities`	$-4.33M	USD	1 Quarter
Other cash flows from investing activities	`PaymentsForProceedsFromOtherInvestingActivities`	$-2.92M	USD	1 Quarter
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-44.72M	USD	1 Quarter
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-110.65M	USD	1 Quarter
Repayment of long-term debt and finance leases	`RepaymentsOfDebtAndCapitalLeaseObligations`	$9.08M	USD	1 Quarter
Repayment of long-term debt and finance leases	`RepaymentsOfDebtAndCapitalLeaseObligations`	$8.39M	USD	1 Quarter
Repayments on revolving line of credit, net	`ProceedsFromRepaymentsOfLinesOfCredit`	$-135.00M	USD	1 Quarter
Repayments on revolving line of credit, net	`ProceedsFromRepaymentsOfLinesOfCredit`	$-70.00M	USD	1 Quarter
Borrowings under accounts receivable securitization	`ProceedsFromAccountsReceivableSecuritization`	-	USD	1 Quarter
Borrowings under accounts receivable securitization	`ProceedsFromAccountsReceivableSecuritization`	$25.00M	USD	1 Quarter
Repayment of accounts receivable securitization	`RepaymentsOfAccountsReceivableSecuritization`	$90.00M	USD	1 Quarter
Repayment of accounts receivable securitization	`RepaymentsOfAccountsReceivableSecuritization`	$25.00M	USD	1 Quarter
Proceeds from common stock issued	`ProceedsFromStockPlans`	$4.46M	USD	1 Quarter
Proceeds from common stock issued	`ProceedsFromStockPlans`	$2.94M	USD	1 Quarter
Dividends paid	`PaymentsOfDividends`	$10.98M	USD	1 Quarter
Dividends paid	`PaymentsOfDividends`	$10.67M	USD	1 Quarter
Other cash flows from financing activities	`ProceedsFromPaymentsForOtherFinancingActivities`	$-2.92M	USD	1 Quarter
Other cash flows from financing activities	`ProceedsFromPaymentsForOtherFinancingActivities`	$-1.66M	USD	1 Quarter
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-113.53M	USD	1 Quarter
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-217.78M	USD	1 Quarter
Net decrease in cash, restricted cash, and equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-15.31M	USD	1 Quarter
Net decrease in cash, restricted cash, and equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-19.05M	USD	1 Quarter
Cash, restricted cash, and equivalents at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$130.98M	USD	Point-in-time
Cash, restricted cash, and equivalents at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$136.42M	USD	Point-in-time
Cash, restricted cash, and equivalents at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$111.92M	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`	$130.98M	USD	Point-in-time
Cash, restricted cash, and equivalents at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$136.42M	USD	Point-in-time
Cash, restricted cash, and equivalents at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$111.92M	USD	Point-in-time
Cash, restricted cash, and equivalents at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$151.73M	USD	Point-in-time
Interest	`InterestPaid`	$7.68M	USD	1 Quarter
Interest	`InterestPaid`	$6.53M	USD	1 Quarter
Income taxes	`IncomeTaxesPaidNet`	$-1.15M	USD	1 Quarter
Income taxes	`IncomeTaxesPaidNet`	$-124.00K	USD	1 Quarter
Equipment acquired included in accounts payable	`CapitalExpendituresIncurredButNotYetPaid`	$53.57M	USD	1 Quarter
Equipment acquired included in accounts payable	`CapitalExpendituresIncurredButNotYetPaid`	$6.60M	USD	1 Quarter
Right-of-use assets obtained in exchange for new operating lease liabilities	`RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability`	$7.88M	USD	1 Quarter
Right-of-use assets obtained in exchange for new operating lease liabilities	`RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability`	-	USD	1 Quarter

Stockholders Equity 25 line items

Line Item	Tag	Value	Unit	Period
Beginning balance, value	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$5.31B	USD	Point-in-time
Beginning balance, value	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$5.54B	USD	Point-in-time
Beginning balance, value	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$5.46B	USD	Point-in-time
Beginning balance, value	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$5.24B	USD	Point-in-time
Common stock issued to employees	`StockIssuedDuringPeriodValueShareBasedCompensation`	$4.09M	USD	1 Quarter
Common stock issued to employees	`StockIssuedDuringPeriodValueShareBasedCompensation`	$2.38M	USD	1 Quarter
Common stock issued under employee stock purchase plan	`StockIssuedDuringPeriodValueEmployeeStockPurchasePlan`	$371.00K	USD	1 Quarter
Common stock issued under employee stock purchase plan	`StockIssuedDuringPeriodValueEmployeeStockPurchasePlan`	$566.00K	USD	1 Quarter
Shares withheld restricted stock unit settlement	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$2.12M	USD	1 Quarter
Shares withheld restricted stock unit settlement	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$1.51M	USD	1 Quarter
Employee stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$1.99M	USD	1 Quarter
Employee stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$2.88M	USD	1 Quarter
Cash dividends paid and dividends accrued ($0.06 per share)	`Dividends`	$10.74M	USD	1 Quarter
Cash dividends paid and dividends accrued ($0.06 per share)	`Dividends`	$10.44M	USD	1 Quarter
Net income attributable to Knight-Swift	`NetIncomeLoss`	$87.94M	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
Distribution to noncontrolling interest	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$148.00K	USD	1 Quarter
Net income attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$245.00K	USD	1 Quarter
Net income attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$368.00K	USD	1 Quarter
Net cumulative-effect adjustment from adopting ASC Topic 606	`CumulativeEffectOnRetainedEarningsNetOfTax1`	$5.30M	USD	1 Quarter
Ending balance, value	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$5.31B	USD	Point-in-time
Ending balance, value	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$5.54B	USD	Point-in-time
Ending balance, value	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$5.46B	USD	Point-in-time
Ending balance, value	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$5.24B	USD	Point-in-time

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