10-Q Filing

KNIGHT-SWIFT TRANSPORTATION HOLDINGS INC. CIK: 1492691 Q2 2019

Filing Information

Form Type	10-Q
Accession Number	`0001492691-19-000058`
Period End Date	20190630
Filing Date	20190807
Fiscal Year	2019
Fiscal Period	Q2
XBRL Instance	knx-06302019x10q_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 102 Income Statement 120 Cash Flow Statement 86 Stockholders Equity 72

Balance Sheet 102 line items

Line Item	Tag	Value	Unit	Period
Accounts Receivable, Allowance for Credit Loss, Current	`AllowanceForDoubtfulAccountsReceivableCurrent`	$16.36M	USD	Point-in-time
Accounts Receivable, Allowance for Credit Loss, Current	`AllowanceForDoubtfulAccountsReceivableCurrent`	$17.35M	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`	$82.49M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$76.65M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$55.06M	USD	Point-in-time
Preferred stock, shares authorized (in shares)	`PreferredStockSharesAuthorized`	10.00M	shares	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 restricted	`RestrictedCashAndCashEquivalentsAtCarryingValue`	$51.60M	USD	Point-in-time
Cash and cash equivalents restricted	`RestrictedCashAndCashEquivalentsAtCarryingValue`	$73.66M	USD	Point-in-time
Cash and cash equivalents restricted	`RestrictedCashAndCashEquivalentsAtCarryingValue`	$50.71M	USD	Point-in-time
Cash and cash equivalents restricted	`RestrictedCashAndCashEquivalentsAtCarryingValue`	$46.89M	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
Restricted investments, held-to-maturity, amortized cost	`HeldToMaturitySecurities`	$17.41M	USD	Point-in-time
Restricted investments, held-to-maturity, amortized cost	`HeldToMaturitySecurities`	$10.28M	USD	Point-in-time
Trade receivables, net of allowance for doubtful accounts of $17,350 and $16,355, respectively	`AccountsReceivableNetCurrent`	$601.23M	USD	Point-in-time
Trade receivables, net of allowance for doubtful accounts of $17,350 and $16,355, respectively	`AccountsReceivableNetCurrent`	$549.67M	USD	Point-in-time
Contract balance revenue in transit	`ContractWithCustomerAssetNet`	$15.60M	USD	Point-in-time
Contract balance revenue in transit	`ContractWithCustomerAssetNet`	$20.53M	USD	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$67.01M	USD	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$67.90M	USD	Point-in-time
Assets held for sale	`AssetsOfDisposalGroupIncludingDiscontinuedOperationCurrent`	$43.48M	USD	Point-in-time
Assets held for sale	`AssetsOfDisposalGroupIncludingDiscontinuedOperationCurrent`	$39.95M	USD	Point-in-time
Income tax receivable	`IncomeTaxesReceivable`	$35.44M	USD	Point-in-time
Income tax receivable	`IncomeTaxesReceivable`	$6.94M	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$29.71M	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$34.36M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$868.31M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$907.23M	USD	Point-in-time
Gross property and equipment	`PropertyPlantAndEquipmentGross`	$3.55B	USD	Point-in-time
Gross property and equipment	`PropertyPlantAndEquipmentGross`	$3.31B	USD	Point-in-time
Less: accumulated depreciation and amortization	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$801.29M	USD	Point-in-time
Less: accumulated depreciation and amortization	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$693.11M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$2.75B	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$2.61B	USD	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$221.03M	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`	$1.42B	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$1.40B	USD	Point-in-time
Other long-term assets	`OtherAssetsNoncurrent`	$51.72M	USD	Point-in-time
Other long-term assets	`OtherAssetsNoncurrent`	$59.85M	USD	Point-in-time
Total assets	`Assets`	$7.91B	USD	Point-in-time
Total assets	`Assets`	$8.21B	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$117.88M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$165.09M	USD	Point-in-time
Accrued payroll and purchased transportation	`AccruedPayrollandPurchasedTransportation`	$126.46M	USD	Point-in-time
Accrued payroll and purchased transportation	`AccruedPayrollandPurchasedTransportation`	$112.95M	USD	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrent`	$151.50M	USD	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrent`	$154.20M	USD	Point-in-time
Claims accruals current portion	`AccruedInsuranceCurrent`	$153.77M	USD	Point-in-time
Claims accruals current portion	`AccruedInsuranceCurrent`	$160.04M	USD	Point-in-time
Finance lease liabilities and long-term debt current portion	`FinanceLeaseLiabilityCurrent`	$58.68M	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`	$98.90M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$743.59M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$614.56M	USD	Point-in-time
Revolving line of credit	`LongTermLineOfCredit`	$270.00M	USD	Point-in-time
Revolving line of credit	`LongTermLineOfCredit`	$195.00M	USD	Point-in-time
Long-term debt less current portion	`LongTermDebtNoncurrent`	$364.71M	USD	Point-in-time
Long-term debt less current portion	`LongTermDebtNoncurrent`	$364.59M	USD	Point-in-time
Finance lease liabilities less current portion	`FinanceLeaseLiabilityNoncurrent`	$71.25M	USD	Point-in-time
Finance lease liabilities less current portion	`FinanceLeaseLiabilityNoncurrent`	$66.03M	USD	Point-in-time
Operating lease liabilities less current portion	`OperatingLeaseLiabilityNoncurrent`	-	USD	Point-in-time
Operating lease liabilities less current portion	`OperatingLeaseLiabilityNoncurrent`	$129.68M	USD	Point-in-time
Accounts receivable securitization	`TransfersAccountedForAsSecuredBorrowingsAssociatedLiabilitiesCarryingAmount`	$144.68M	USD	Point-in-time
Accounts receivable securitization	`TransfersAccountedForAsSecuredBorrowingsAssociatedLiabilitiesCarryingAmount`	$239.61M	USD	Point-in-time
Claims accruals less current portion	`AccruedInsuranceNoncurrent`	$196.93M	USD	Point-in-time
Claims accruals less current portion	`AccruedInsuranceNoncurrent`	$201.33M	USD	Point-in-time
Deferred tax liabilities	`DeferredIncomeTaxLiabilitiesNet`	$739.54M	USD	Point-in-time
Deferred tax liabilities	`DeferredIncomeTaxLiabilitiesNet`	$749.08M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$23.29M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$16.87M	USD	Point-in-time
Total liabilities	`Liabilities`	$2.68B	USD	Point-in-time
Total liabilities	`Liabilities`	$2.45B	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; 170,378 and 172,844 shares issued and outstanding as of June 30, 2019 and December 31, 2018, respectively.	`CommonStockValueOutstanding`	$1.70M	USD	Point-in-time
Common stock, par value $0.01 per share; 500,000 shares authorized; 170,378 and 172,844 shares issued and outstanding as of June 30, 2019 and December 31, 2018, respectively.	`CommonStockValueOutstanding`	$1.73M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$4.25B	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$4.24B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$1.27B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$1.22B	USD	Point-in-time
Total Knight-Swift stockholders' equity	`StockholdersEquity`	$5.46B	USD	Point-in-time
Total Knight-Swift stockholders' equity	`StockholdersEquity`	$5.53B	USD	Point-in-time
Noncontrolling interest	`MinorityInterest`	$1.77M	USD	Point-in-time
Noncontrolling interest	`MinorityInterest`	$1.95M	USD	Point-in-time
Total stockholders equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$5.53B	USD	Point-in-time
Total stockholders equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$5.24B	USD	Point-in-time
Total stockholders equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$5.46B	USD	Point-in-time
Total stockholders equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$5.40B	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 liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$7.91B	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$8.21B	USD	Point-in-time

Income Statement 120 line items

Line Item	Tag	Value	Unit	Period
Total revenue	`Revenues`	$1.24B	USD	1 Quarter
Total revenue	`Revenues`	$1.33B	USD	1 Quarter
Total revenue	`Revenues`	$2.60B	USD	2 Qtrs
Total revenue	`Revenues`	$2.45B	USD	2 Qtrs
Salaries, wages, and benefits	`LaborAndRelatedExpense`	$380.35M	USD	1 Quarter
Salaries, wages, and benefits	`LaborAndRelatedExpense`	$371.40M	USD	1 Quarter
Salaries, wages, and benefits	`LaborAndRelatedExpense`	$744.21M	USD	2 Qtrs
Salaries, wages, and benefits	`LaborAndRelatedExpense`	$733.08M	USD	2 Qtrs
Fuel	`FuelCosts`	$162.97M	USD	1 Quarter
Fuel	`FuelCosts`	$151.31M	USD	1 Quarter
Fuel	`FuelCosts`	$289.75M	USD	2 Qtrs
Fuel	`FuelCosts`	$307.79M	USD	2 Qtrs
Operations and maintenance	`DirectOperatingMaintenanceSuppliesCosts`	$88.28M	USD	1 Quarter
Operations and maintenance	`DirectOperatingMaintenanceSuppliesCosts`	$173.30M	USD	2 Qtrs
Operations and maintenance	`DirectOperatingMaintenanceSuppliesCosts`	$82.44M	USD	1 Quarter
Operations and maintenance	`DirectOperatingMaintenanceSuppliesCosts`	$162.20M	USD	2 Qtrs
Insurance and claims	`OperatingInsuranceAndClaimsCostsProduction`	$112.27M	USD	2 Qtrs
Insurance and claims	`OperatingInsuranceAndClaimsCostsProduction`	$48.80M	USD	1 Quarter
Insurance and claims	`OperatingInsuranceAndClaimsCostsProduction`	$53.13M	USD	1 Quarter
Insurance and claims	`OperatingInsuranceAndClaimsCostsProduction`	$98.93M	USD	2 Qtrs
Operating taxes and licenses	`DirectTaxesAndLicensesCosts`	$22.67M	USD	1 Quarter
Operating taxes and licenses	`DirectTaxesAndLicensesCosts`	$43.36M	USD	2 Qtrs
Operating taxes and licenses	`DirectTaxesAndLicensesCosts`	$21.56M	USD	1 Quarter
Operating taxes and licenses	`DirectTaxesAndLicensesCosts`	$45.82M	USD	2 Qtrs
Communications	`CommunicationsInformationTechnologyAndOccupancy`	$5.45M	USD	1 Quarter
Communications	`CommunicationsInformationTechnologyAndOccupancy`	$10.74M	USD	2 Qtrs
Communications	`CommunicationsInformationTechnologyAndOccupancy`	$4.96M	USD	1 Quarter
Communications	`CommunicationsInformationTechnologyAndOccupancy`	$10.04M	USD	2 Qtrs
Depreciation and amortization of property and equipment	`Depreciation`	$203.88M	USD	2 Qtrs
Depreciation and amortization of property and equipment	`Depreciation`	$95.75M	USD	1 Quarter
Depreciation and amortization of property and equipment	`Depreciation`	$102.94M	USD	1 Quarter
Depreciation and amortization of property and equipment	`Depreciation`	$189.61M	USD	2 Qtrs
Amortization of intangibles	`AmortizationOfIntangibleAssets`	$10.69M	USD	1 Quarter
Amortization of intangibles	`AmortizationOfIntangibleAssets`	$10.69M	USD	1 Quarter
Amortization of intangibles	`AmortizationOfIntangibleAssets`	$21.39M	USD	2 Qtrs
Amortization of intangibles	`AmortizationOfIntangibleAssets`	$21.20M	USD	2 Qtrs
Rental expense	`LeaseAndRentalExpense`	$68.42M	USD	2 Qtrs
Rental expense	`LeaseAndRentalExpense`	$32.88M	USD	1 Quarter
Rental expense	`LeaseAndRentalExpense`	$47.70M	USD	1 Quarter
Rental expense	`LeaseAndRentalExpense`	$100.58M	USD	2 Qtrs
Purchased transportation	`PurchasedTransportation`	$530.62M	USD	2 Qtrs
Purchased transportation	`PurchasedTransportation`	$261.27M	USD	1 Quarter
Purchased transportation	`PurchasedTransportation`	$660.00M	USD	2 Qtrs
Purchased transportation	`PurchasedTransportation`	$335.71M	USD	1 Quarter
Impairments	`ImpairmentOfLongLivedAssetsToBeDisposedOf`	-	USD	1 Quarter
Impairments	`ImpairmentOfLongLivedAssetsToBeDisposedOf`	$2.18M	USD	2 Qtrs
Impairments	`ImpairmentOfLongLivedAssetsToBeDisposedOf`	$2.18M	USD	1 Quarter
Impairments	`ImpairmentOfLongLivedAssetsToBeDisposedOf`	-	USD	2 Qtrs
Miscellaneous operating expenses	`OtherCostAndExpenseOperating`	$13.69M	USD	1 Quarter
Miscellaneous operating expenses	`OtherCostAndExpenseOperating`	$34.11M	USD	1 Quarter
Miscellaneous operating expenses	`OtherCostAndExpenseOperating`	$30.45M	USD	2 Qtrs
Miscellaneous operating expenses	`OtherCostAndExpenseOperating`	$46.74M	USD	2 Qtrs
Total operating expenses	`OperatingExpenses`	$2.22B	USD	2 Qtrs
Total operating expenses	`OperatingExpenses`	$1.13B	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$2.38B	USD	2 Qtrs
Total operating expenses	`OperatingExpenses`	$1.21B	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$124.24M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$217.99M	USD	2 Qtrs
Operating income	`OperatingIncomeLoss`	$108.59M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$224.89M	USD	2 Qtrs
Interest income	`InvestmentIncomeInterest`	$730.00K	USD	1 Quarter
Interest income	`InvestmentIncomeInterest`	$1.30M	USD	2 Qtrs
Interest income	`InvestmentIncomeInterest`	$977.00K	USD	1 Quarter
Interest income	`InvestmentIncomeInterest`	$1.99M	USD	2 Qtrs
Interest expense	`InterestExpense`	$7.16M	USD	1 Quarter
Interest expense	`InterestExpense`	$14.50M	USD	2 Qtrs
Interest expense	`InterestExpense`	$7.13M	USD	1 Quarter
Interest expense	`InterestExpense`	$13.90M	USD	2 Qtrs
Other income, net	`OtherNonoperatingIncomeExpense`	$3.16M	USD	2 Qtrs
Other income, net	`OtherNonoperatingIncomeExpense`	$1.00M	USD	1 Quarter
Other income, net	`OtherNonoperatingIncomeExpense`	$3.10M	USD	1 Quarter
Other income, net	`OtherNonoperatingIncomeExpense`	$9.24M	USD	2 Qtrs
Other (expenses) income, net	`NonoperatingIncomeExpense`	$-9.43M	USD	2 Qtrs
Other (expenses) income, net	`NonoperatingIncomeExpense`	$-5.40M	USD	1 Quarter
Other (expenses) income, net	`NonoperatingIncomeExpense`	$-3.08M	USD	1 Quarter
Other (expenses) income, net	`NonoperatingIncomeExpense`	$-3.27M	USD	2 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$208.55M	USD	2 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$105.52M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$221.62M	USD	2 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$118.84M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$26.08M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$27.22M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$46.19M	USD	2 Qtrs
Income tax expense	`IncomeTaxExpenseBenefit`	$54.00M	USD	2 Qtrs
Net income	`ProfitLoss`	$167.62M	USD	2 Qtrs
Net income	`ProfitLoss`	$91.63M	USD	1 Quarter
Net income	`ProfitLoss`	$162.36M	USD	2 Qtrs
Net income	`ProfitLoss`	$79.44M	USD	1 Quarter
Net income attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$673.00K	USD	2 Qtrs
Net income attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$479.00K	USD	2 Qtrs
Net income attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$234.00K	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 income attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$305.00K	USD	1 Quarter
Net income attributable to Knight-Swift	`NetIncomeLoss`	$70.36M	USD	1 Quarter
Net income attributable to Knight-Swift	`NetIncomeLoss`	$161.69M	USD	2 Qtrs
Net income attributable to Knight-Swift	`NetIncomeLoss`	$91.32M	USD	1 Quarter
Net income attributable to Knight-Swift	`NetIncomeLoss`	$79.20M	USD	1 Quarter
Net income attributable to Knight-Swift	`NetIncomeLoss`	$87.94M	USD	1 Quarter
Net income attributable to Knight-Swift	`NetIncomeLoss`	$167.14M	USD	2 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.97	USD	2 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.91	USD	2 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.46	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.51	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.97	USD	2 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.51	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.90	USD	2 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.46	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`	$0.12	USD	2 Qtrs
Dividends declared per share: (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$0.06	USD	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	172.08M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	178.31M	shares	2 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	178.45M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	172.52M	shares	2 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	179.32M	shares	2 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	179.40M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	173.16M	shares	2 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	172.72M	shares	1 Quarter

Cash Flow Statement 86 line items

Line Item	Tag	Value	Unit	Period
Net income	`ProfitLoss`	$167.62M	USD	2 Qtrs
Net income	`ProfitLoss`	$91.63M	USD	1 Quarter
Net income	`ProfitLoss`	$162.36M	USD	2 Qtrs
Net income	`ProfitLoss`	$79.44M	USD	1 Quarter
Depreciation and amortization of property, equipment, and intangibles	`DepreciationDepletionAndAmortization`	$210.81M	USD	2 Qtrs
Depreciation and amortization of property, equipment, and intangibles	`DepreciationDepletionAndAmortization`	$225.26M	USD	2 Qtrs
Gain on sale of property and equipment	`GainLossOnSaleOfPropertyPlantEquipment`	$15.81M	USD	2 Qtrs
Gain on sale of property and equipment	`GainLossOnSaleOfPropertyPlantEquipment`	$19.27M	USD	2 Qtrs
Impairments	`ImpairmentOfLongLivedAssetsToBeDisposedOf`	-	USD	1 Quarter
Impairments	`ImpairmentOfLongLivedAssetsToBeDisposedOf`	$2.18M	USD	2 Qtrs
Impairments	`ImpairmentOfLongLivedAssetsToBeDisposedOf`	$2.18M	USD	1 Quarter
Impairments	`ImpairmentOfLongLivedAssetsToBeDisposedOf`	-	USD	2 Qtrs
Deferred income taxes	`IncreaseDecreaseInDeferredIncomeTaxes`	$-6.56M	USD	2 Qtrs
Deferred income taxes	`IncreaseDecreaseInDeferredIncomeTaxes`	$-9.52M	USD	2 Qtrs
Non-cash lease expense	`AmortizationOfLeasedAsset`	-	USD	2 Qtrs
Non-cash lease expense	`AmortizationOfLeasedAsset`	$59.50M	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`	$2.28M	USD	2 Qtrs
Trade receivables	`IncreaseDecreaseInAccountsAndOtherReceivables`	$-9.02M	USD	2 Qtrs
Trade receivables	`IncreaseDecreaseInAccountsAndOtherReceivables`	$-50.49M	USD	2 Qtrs
Income tax receivable	`IncreaseDecreaseInIncomeTaxesReceivable`	$28.49M	USD	2 Qtrs
Income tax receivable	`IncreaseDecreaseInIncomeTaxesReceivable`	$-25.08M	USD	2 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-14.51M	USD	2 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-25.16M	USD	2 Qtrs
Accrued liabilities and claims accrual	`IncreaseDecreaseinAccruedLiabilitiesandOtherLiabilities`	$-16.91M	USD	2 Qtrs
Accrued liabilities and claims accrual	`IncreaseDecreaseinAccruedLiabilitiesandOtherLiabilities`	$-6.26M	USD	2 Qtrs
Operating lease liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$-59.74M	USD	2 Qtrs
Operating lease liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	-	USD	2 Qtrs
Other assets and liabilities	`OtherOperatingActivitiesCashFlowStatement`	$96.00K	USD	2 Qtrs
Other assets and liabilities	`OtherOperatingActivitiesCashFlowStatement`	$-667.00K	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$362.81M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$375.91M	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`	$12.95M	USD	2 Qtrs
Purchases of held-to-maturity investments	`PaymentsToAcquireRestrictedInvestments`	$17.45M	USD	2 Qtrs
Purchases of held-to-maturity investments	`PaymentsToAcquireRestrictedInvestments`	$5.85M	USD	2 Qtrs
Proceeds from sale of property and equipment, including assets held for sale	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$99.03M	USD	2 Qtrs
Proceeds from sale of property and equipment, including assets held for sale	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$103.82M	USD	2 Qtrs
Purchases of property and equipment	`PaymentsToAcquireProductiveAssets`	$220.41M	USD	2 Qtrs
Purchases of property and equipment	`PaymentsToAcquireProductiveAssets`	$323.72M	USD	2 Qtrs
Expenditures on assets held for sale	`PaymentsToAcquireOtherProductiveAssets`	$19.50M	USD	2 Qtrs
Expenditures on assets held for sale	`PaymentsToAcquireOtherProductiveAssets`	$7.96M	USD	2 Qtrs
Net cash, restricted cash, and equivalents invested in acquisition	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$101.69M	USD	2 Qtrs
Net cash, restricted cash, and equivalents invested in acquisition	`PaymentsToAcquireBusinessesNetOfCashAcquired`	-	USD	2 Qtrs
Other cash flows from investing activities	`PaymentsForProceedsFromOtherInvestingActivities`	$-9.25M	USD	2 Qtrs
Other cash flows from investing activities	`PaymentsForProceedsFromOtherInvestingActivities`	$3.12M	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-223.88M	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-232.56M	USD	2 Qtrs
Repayment of finance leases and long-term debt	`RepaymentsOfDebtAndCapitalLeaseObligations`	$36.94M	USD	2 Qtrs
Repayment of finance leases and long-term debt	`RepaymentsOfDebtAndCapitalLeaseObligations`	$17.37M	USD	2 Qtrs
Borrowings (repayments) on revolving line of credit, net	`ProceedsFromRepaymentsOfLinesOfCredit`	$75.00M	USD	2 Qtrs
Borrowings (repayments) on revolving line of credit, net	`ProceedsFromRepaymentsOfLinesOfCredit`	$-5.00M	USD	2 Qtrs
Borrowings under accounts receivable securitization	`ProceedsFromAccountsReceivableSecuritization`	$15.00M	USD	2 Qtrs
Borrowings under accounts receivable securitization	`ProceedsFromAccountsReceivableSecuritization`	$90.00M	USD	2 Qtrs
Repayment of accounts receivable securitization	`RepaymentsOfAccountsReceivableSecuritization`	$185.00M	USD	2 Qtrs
Repayment of accounts receivable securitization	`RepaymentsOfAccountsReceivableSecuritization`	$105.00M	USD	2 Qtrs
Proceeds from common stock issued	`ProceedsFromStockPlans`	$5.36M	USD	2 Qtrs
Proceeds from common stock issued	`ProceedsFromStockPlans`	$10.93M	USD	2 Qtrs
Repurchases of the Company's common stock	`PaymentsForRepurchaseOfCommonStock`	-	USD	2 Qtrs
Repurchases of the Company's common stock	`PaymentsForRepurchaseOfCommonStock`	$86.89M	USD	2 Qtrs
Dividends paid	`PaymentsOfDividends`	$21.73M	USD	2 Qtrs
Dividends paid	`PaymentsOfDividends`	$20.95M	USD	2 Qtrs
Other cash flows from financing activities	`ProceedsFromPaymentsForOtherFinancingActivities`	$-3.60M	USD	2 Qtrs
Other cash flows from financing activities	`ProceedsFromPaymentsForOtherFinancingActivities`	$-2.60M	USD	2 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-126.77M	USD	2 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-162.02M	USD	2 Qtrs
Net (decrease) increase in cash, restricted cash, and equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-23.09M	USD	2 Qtrs
Net (decrease) increase in cash, restricted cash, and equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$16.58M	USD	2 Qtrs
Cash, restricted cash, and equivalents at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$107.88M	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`	$130.98M	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 end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$107.88M	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`	$130.98M	USD	Point-in-time
Cash, restricted cash, and equivalents at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$168.31M	USD	Point-in-time
Interest	`InterestPaid`	$14.28M	USD	2 Qtrs
Interest	`InterestPaid`	$13.31M	USD	2 Qtrs
Income taxes	`IncomeTaxesPaidNet`	$72.47M	USD	2 Qtrs
Income taxes	`IncomeTaxesPaidNet`	$13.43M	USD	2 Qtrs
Equipment acquired included in accounts payable	`CapitalExpendituresIncurredButNotYetPaid`	$50.09M	USD	2 Qtrs
Equipment acquired included in accounts payable	`CapitalExpendituresIncurredButNotYetPaid`	$32.75M	USD	2 Qtrs
Right-of-use assets obtained in exchange for new operating lease liabilities	`RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability`	$8.64M	USD	2 Qtrs
Right-of-use assets obtained in exchange for new operating lease liabilities	`RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability`	-	USD	2 Qtrs
Right-of-use assets obtained in exchange for new financing lease liabilities	`RightOfUseAssetObtainedInExchangeForFinanceLeaseLiability`	$32.15M	USD	2 Qtrs
Right-of-use assets obtained in exchange for new financing lease liabilities	`RightOfUseAssetObtainedInExchangeForFinanceLeaseLiability`	-	USD	2 Qtrs

Stockholders Equity 72 line items

Line Item	Tag	Value	Unit	Period
Beginning balance, value	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$5.53B	USD	Point-in-time
Beginning balance, value	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$5.24B	USD	Point-in-time
Beginning balance, value	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$5.46B	USD	Point-in-time
Beginning balance, value	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$5.40B	USD	Point-in-time
Beginning balance, value	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$5.31B	USD	Point-in-time
Beginning balance, value	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$5.54B	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 to employees	`StockIssuedDuringPeriodValueShareBasedCompensation`	$1.33M	USD	1 Quarter
Common stock issued to employees	`StockIssuedDuringPeriodValueShareBasedCompensation`	$5.29M	USD	1 Quarter
Common stock issued to employees	`StockIssuedDuringPeriodValueShareBasedCompensation`	$9.38M	USD	2 Qtrs
Common stock issued to employees	`StockIssuedDuringPeriodValueShareBasedCompensation`	$3.70M	USD	2 Qtrs
Common stock issued to the Board	`StockIssuedDuringPeriodValueNewIssues`	$774.00K	USD	2 Qtrs
Common stock issued to the Board	`StockIssuedDuringPeriodValueNewIssues`	$531.00K	USD	2 Qtrs
Common stock issued to the Board	`StockIssuedDuringPeriodValueNewIssues`	$531.00K	USD	1 Quarter
Common stock issued to the Board	`StockIssuedDuringPeriodValueNewIssues`	$774.00K	USD	1 Quarter
Common stock issued under ESPP	`StockIssuedDuringPeriodValueEmployeeStockPurchasePlan`	$566.00K	USD	1 Quarter
Common stock issued under ESPP	`StockIssuedDuringPeriodValueEmployeeStockPurchasePlan`	$371.00K	USD	1 Quarter
Common stock issued under ESPP	`StockIssuedDuringPeriodValueEmployeeStockPurchasePlan`	$1.13M	USD	2 Qtrs
Common stock issued under ESPP	`StockIssuedDuringPeriodValueEmployeeStockPurchasePlan`	$777.00K	USD	2 Qtrs
Common stock issued under ESPP	`StockIssuedDuringPeriodValueEmployeeStockPurchasePlan`	$406.00K	USD	1 Quarter
Common stock issued under ESPP	`StockIssuedDuringPeriodValueEmployeeStockPurchasePlan`	$563.00K	USD	1 Quarter
Share repurchase, shares	`StockRepurchasedAndRetiredDuringPeriodShares`	2.87M	shares	1 Quarter
Share repurchase, shares	`StockRepurchasedAndRetiredDuringPeriodShares`	2.87M	shares	2 Qtrs
Company shares repurchased	`StockRepurchasedAndRetiredDuringPeriodValue`	$86.89M	USD	2 Qtrs
Company shares repurchased	`StockRepurchasedAndRetiredDuringPeriodValue`	$86.89M	USD	1 Quarter
Shares withheld RSU settlement	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$790.00K	USD	1 Quarter
Shares withheld RSU settlement	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$1.51M	USD	1 Quarter
Shares withheld RSU settlement	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$2.53M	USD	2 Qtrs
Shares withheld RSU settlement	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$411.00K	USD	1 Quarter
Shares withheld RSU settlement	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$2.30M	USD	2 Qtrs
Shares withheld RSU settlement	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$2.12M	USD	1 Quarter
Employee stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$2.41M	USD	1 Quarter
Employee stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$2.88M	USD	1 Quarter
Employee stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$6.57M	USD	2 Qtrs
Employee stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$1.99M	USD	1 Quarter
Employee stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$4.40M	USD	2 Qtrs
Employee stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$3.69M	USD	1 Quarter
Cash dividends paid and dividends accrued ($0.06 per share)	`Dividends`	$20.76M	USD	2 Qtrs
Cash dividends paid and dividends accrued ($0.06 per share)	`Dividends`	$21.51M	USD	2 Qtrs
Cash dividends paid and dividends accrued ($0.06 per share)	`Dividends`	$10.44M	USD	1 Quarter
Cash dividends paid and dividends accrued ($0.06 per share)	`Dividends`	$10.77M	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`	$10.32M	USD	1 Quarter
Net income attributable to Knight-Swift	`NetIncomeLoss`	$70.36M	USD	1 Quarter
Net income attributable to Knight-Swift	`NetIncomeLoss`	$161.69M	USD	2 Qtrs
Net income attributable to Knight-Swift	`NetIncomeLoss`	$91.32M	USD	1 Quarter
Net income attributable to Knight-Swift	`NetIncomeLoss`	$79.20M	USD	1 Quarter
Net income attributable to Knight-Swift	`NetIncomeLoss`	$87.94M	USD	1 Quarter
Net income attributable to Knight-Swift	`NetIncomeLoss`	$167.14M	USD	2 Qtrs
Distribution to noncontrolling interest	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$1.07M	USD	2 Qtrs
Distribution to noncontrolling interest	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$148.00K	USD	1 Quarter
Distribution to noncontrolling interest	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$148.00K	USD	1 Quarter
Distribution to noncontrolling interest	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$296.00K	USD	2 Qtrs
Distribution to noncontrolling interest	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$801.00K	USD	1 Quarter
Distribution to noncontrolling interest	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$271.00K	USD	1 Quarter
Net income attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$673.00K	USD	2 Qtrs
Net income attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$479.00K	USD	2 Qtrs
Net income attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$234.00K	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 income attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$305.00K	USD	1 Quarter
Net acquisition of remaining ownership interest, previously noncontrolling	`AdjustmentsToAdditionalPaidInCapitalOther`	$-1.87M	USD	1 Quarter
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	1 Quarter
Net cumulative-effect adjustment from adopting ASC Topic 606	`CumulativeEffectOnRetainedEarningsNetOfTax1`	$5.30M	USD	2 Qtrs
Ending balance, value	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$5.53B	USD	Point-in-time
Ending balance, value	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$5.24B	USD	Point-in-time
Ending balance, value	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$5.46B	USD	Point-in-time
Ending balance, value	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$5.40B	USD	Point-in-time
Ending balance, value	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$5.31B	USD	Point-in-time
Ending balance, value	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$5.54B	USD	Point-in-time

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