10-Q Filing

KNIGHT-SWIFT TRANSPORTATION HOLDINGS INC. CIK: 1492691 Q1 2020

Filing Information

Form Type	10-Q
Accession Number	`0001492691-20-000028`
Period End Date	20200331
Filing Date	20200506
Fiscal Year	2020
Fiscal Period	Q1
XBRL Instance	knx-03312020x10q_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 98 Income Statement 58 Cash Flow Statement 82 Stockholders Equity 26

Balance Sheet 98 line items

Line Item	Tag	Value	Unit	Period
Accounts Receivable, Allowance for Credit Loss, Current	`AllowanceForDoubtfulAccountsReceivableCurrent`	$19.30M	USD	Point-in-time
Accounts Receivable, Allowance for Credit Loss, Current	`AllowanceForDoubtfulAccountsReceivableCurrent`	$18.18M	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`	$60.22M	USD	Point-in-time
Preferred stock, shares authorized (in shares)	`PreferredStockSharesAuthorized`	10.00M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$82.49M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$159.72M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$119.13M	USD	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
Preferred stock, shares issued (in shares)	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Cash and cash equivalents restricted	`RestrictedCashAndCashEquivalentsAtCarryingValue`	$50.69M	USD	Point-in-time
Cash and cash equivalents restricted	`RestrictedCashAndCashEquivalentsAtCarryingValue`	$41.33M	USD	Point-in-time
Preferred stock, shares issued (in shares)	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Cash and cash equivalents restricted	`RestrictedCashAndCashEquivalentsAtCarryingValue`	$39.81M	USD	Point-in-time
Restricted investments, held-to-maturity, amortized cost	`HeldToMaturitySecurities`	$8.91M	USD	Point-in-time
Restricted investments, held-to-maturity, amortized cost	`HeldToMaturitySecurities`	$8.84M	USD	Point-in-time
Trade receivables, net of allowance for doubtful accounts of $19,304 and $18,178, respectively	`AccountsReceivableNetCurrent`	$521.98M	USD	Point-in-time
Trade receivables, net of allowance for doubtful accounts of $19,304 and $18,178, respectively	`AccountsReceivableNetCurrent`	$518.55M	USD	Point-in-time
Contract balance revenue in transit	`ContractWithCustomerAssetNet`	$13.24M	USD	Point-in-time
Contract balance revenue in transit	`ContractWithCustomerAssetNet`	$12.70M	USD	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$62.16M	USD	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$59.13M	USD	Point-in-time
Assets held for sale	`AssetsOfDisposalGroupIncludingDiscontinuedOperationCurrent`	$41.79M	USD	Point-in-time
Assets held for sale	`AssetsOfDisposalGroupIncludingDiscontinuedOperationCurrent`	$37.99M	USD	Point-in-time
Income tax receivable	`IncomeTaxesReceivable`	$12.65M	USD	Point-in-time
Income tax receivable	`IncomeTaxesReceivable`	$17.03M	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$25.68M	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$27.85M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$890.03M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$838.44M	USD	Point-in-time
Gross property and equipment	`PropertyPlantAndEquipmentGross`	$3.84B	USD	Point-in-time
Gross property and equipment	`PropertyPlantAndEquipmentGross`	$3.74B	USD	Point-in-time
Less: accumulated depreciation and amortization	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$892.02M	USD	Point-in-time
Less: accumulated depreciation and amortization	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$965.78M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$2.85B	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$2.87B	USD	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$169.43M	USD	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$159.28M	USD	Point-in-time
Goodwill	`Goodwill`	$2.92B	USD	Point-in-time
Goodwill	`Goodwill`	$2.92B	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$1.38B	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$1.42B	USD	Point-in-time
Other long-term assets	`OtherAssetsNoncurrent`	$70.38M	USD	Point-in-time
Other long-term assets	`OtherAssetsNoncurrent`	$73.11M	USD	Point-in-time
Total assets	`Assets`	$8.29B	USD	Point-in-time
Total assets	`Assets`	$8.28B	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$168.02M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$99.19M	USD	Point-in-time
Accrued payroll and purchased transportation	`AccruedPayrollandPurchasedTransportation`	$112.40M	USD	Point-in-time
Accrued payroll and purchased transportation	`AccruedPayrollandPurchasedTransportation`	$110.06M	USD	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrent`	$87.48M	USD	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrent`	$175.22M	USD	Point-in-time
Claims accruals current portion	`AccruedInsuranceCurrent`	$158.96M	USD	Point-in-time
Claims accruals current portion	`AccruedInsuranceCurrent`	$150.81M	USD	Point-in-time
Finance lease liabilities and long-term debt current portion	`LongTermDebtAndCapitalLeaseObligationsCurrent`	$377.20M	USD	Point-in-time
Finance lease liabilities and long-term debt current portion	`LongTermDebtAndCapitalLeaseObligationsCurrent`	$377.65M	USD	Point-in-time
Operating lease liabilities current portion	`OperatingLeaseLiabilityCurrent`	$75.22M	USD	Point-in-time
Operating lease liabilities current portion	`OperatingLeaseLiabilityCurrent`	$80.10M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$993.04M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$979.28M	USD	Point-in-time
Revolving line of credit	`LongTermLineOfCredit`	$279.00M	USD	Point-in-time
Revolving line of credit	`LongTermLineOfCredit`	$294.00M	USD	Point-in-time
Finance lease liabilities less current portion	`FinanceLeaseLiabilityNoncurrent`	$55.68M	USD	Point-in-time
Finance lease liabilities less current portion	`FinanceLeaseLiabilityNoncurrent`	$57.38M	USD	Point-in-time
Operating lease liabilities less current portion	`OperatingLeaseLiabilityNoncurrent`	$96.16M	USD	Point-in-time
Operating lease liabilities less current portion	`OperatingLeaseLiabilityNoncurrent`	$89.68M	USD	Point-in-time
Accounts receivable securitization	`TransfersAccountedForAsSecuredBorrowingsAssociatedLiabilitiesCarryingAmount`	$179.80M	USD	Point-in-time
Accounts receivable securitization	`TransfersAccountedForAsSecuredBorrowingsAssociatedLiabilitiesCarryingAmount`	$204.76M	USD	Point-in-time
Claims accruals less current portion	`AccruedInsuranceNoncurrent`	$196.91M	USD	Point-in-time
Claims accruals less current portion	`AccruedInsuranceNoncurrent`	$188.91M	USD	Point-in-time
Deferred tax liabilities	`DeferredIncomeTaxLiabilitiesNet`	$771.72M	USD	Point-in-time
Deferred tax liabilities	`DeferredIncomeTaxLiabilitiesNet`	$785.59M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$25.05M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$14.46M	USD	Point-in-time
Total liabilities	`Liabilities`	$2.60B	USD	Point-in-time
Total liabilities	`Liabilities`	$2.61B	USD	Point-in-time
Commitments and contingencies (Notes 4, 10, and 11)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies (Notes 4, 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
Common stock, par value $0.01 per share; 500,000 shares authorized; 169,776 and 170,688 shares issued and outstanding as of March 31, 2020 and December 31, 2019, respectively.	`CommonStockValueOutstanding`	$1.70M	USD	Point-in-time
Common stock, par value $0.01 per share; 500,000 shares authorized; 169,776 and 170,688 shares issued and outstanding as of March 31, 2020 and December 31, 2019, respectively.	`CommonStockValueOutstanding`	$1.71M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$4.27B	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$4.28B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$1.40B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$1.41B	USD	Point-in-time
Total Knight-Swift stockholders' equity	`StockholdersEquity`	$5.69B	USD	Point-in-time
Total Knight-Swift stockholders' equity	`StockholdersEquity`	$5.67B	USD	Point-in-time
Noncontrolling interest	`MinorityInterest`	$2.27M	USD	Point-in-time
Noncontrolling interest	`MinorityInterest`	$2.09M	USD	Point-in-time
Total stockholders equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$5.54B	USD	Point-in-time
Total stockholders equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$5.69B	USD	Point-in-time
Total stockholders equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$5.67B	USD	Point-in-time
Total stockholders equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$5.46B	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$8.29B	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$8.28B	USD	Point-in-time

Income Statement 58 line items

Line Item	Tag	Value	Unit	Period
Total revenue	`Revenues`	$1.12B	USD	1 Quarter
Total revenue	`Revenues`	$1.20B	USD	1 Quarter
Salaries, wages, and benefits	`LaborAndRelatedExpense`	$363.86M	USD	1 Quarter
Salaries, wages, and benefits	`LaborAndRelatedExpense`	$354.83M	USD	1 Quarter
Fuel	`FuelCosts`	$138.44M	USD	1 Quarter
Fuel	`FuelCosts`	$121.86M	USD	1 Quarter
Operations and maintenance	`DirectOperatingMaintenanceSuppliesCosts`	$79.76M	USD	1 Quarter
Operations and maintenance	`DirectOperatingMaintenanceSuppliesCosts`	$68.40M	USD	1 Quarter
Insurance and claims	`OperatingInsuranceAndClaimsCostsProduction`	$54.28M	USD	1 Quarter
Insurance and claims	`OperatingInsuranceAndClaimsCostsProduction`	$50.14M	USD	1 Quarter
Operating taxes and licenses	`DirectTaxesAndLicensesCosts`	$21.80M	USD	1 Quarter
Operating taxes and licenses	`DirectTaxesAndLicensesCosts`	$22.17M	USD	1 Quarter
Communications	`CommunicationsInformationTechnologyAndOccupancy`	$4.87M	USD	1 Quarter
Communications	`CommunicationsInformationTechnologyAndOccupancy`	$5.08M	USD	1 Quarter
Depreciation and amortization of property and equipment	`Depreciation`	$100.94M	USD	1 Quarter
Depreciation and amortization of property and equipment	`Depreciation`	$110.22M	USD	1 Quarter
Amortization of intangibles	`AmortizationOfIntangibleAssets`	$11.47M	USD	1 Quarter
Amortization of intangibles	`AmortizationOfIntangibleAssets`	$10.69M	USD	1 Quarter
Rental expense	`LeaseAndRentalExpense`	$25.38M	USD	1 Quarter
Rental expense	`LeaseAndRentalExpense`	$35.55M	USD	1 Quarter
Purchased transportation	`PurchasedTransportation`	$225.28M	USD	1 Quarter
Purchased transportation	`PurchasedTransportation`	$269.35M	USD	1 Quarter
Impairments	`AssetImpairmentCharges`	-	USD	1 Quarter
Impairments	`AssetImpairmentCharges`	$902.00K	USD	1 Quarter
Miscellaneous operating expenses	`OtherCostAndExpenseOperating`	$12.64M	USD	1 Quarter
Miscellaneous operating expenses	`OtherCostAndExpenseOperating`	$23.02M	USD	1 Quarter
Costs and Expenses	`CostsAndExpenses`	$1.09B	USD	1 Quarter
Costs and Expenses	`CostsAndExpenses`	$1.02B	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$102.12M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$116.30M	USD	1 Quarter
Interest income	`InvestmentIncomeInterest`	$832.00K	USD	1 Quarter
Interest income	`InvestmentIncomeInterest`	$1.02M	USD	1 Quarter
Interest expense	`InterestExpense`	$7.35M	USD	1 Quarter
Interest expense	`InterestExpense`	$6.11M	USD	1 Quarter
Other (expense) income, net	`OtherNonoperatingIncomeExpense`	$6.14M	USD	1 Quarter
Other (expense) income, net	`OtherNonoperatingIncomeExpense`	$-6.51M	USD	1 Quarter
Total other (expenses) income, net	`NonoperatingIncomeExpense`	$-193.00K	USD	1 Quarter
Total other (expenses) income, net	`NonoperatingIncomeExpense`	$-11.78M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$116.11M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$90.34M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$24.55M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$27.92M	USD	1 Quarter
Net income	`ProfitLoss`	$88.18M	USD	1 Quarter
Net income	`ProfitLoss`	$65.78M	USD	1 Quarter
Net income attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$245.00K	USD	1 Quarter
Net income attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$357.00K	USD	1 Quarter
Net income attributable to Knight-Swift	`NetIncomeLoss`	$65.43M	USD	1 Quarter
Net income attributable to Knight-Swift	`NetIncomeLoss`	$87.94M	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.51	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.38	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.51	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.38	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`	$0.08	USD	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	170.62M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	172.97M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	171.28M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	173.61M	shares	1 Quarter

Cash Flow Statement 82 line items

Line Item	Tag	Value	Unit	Period
Net income	`ProfitLoss`	$88.18M	USD	1 Quarter
Net income	`ProfitLoss`	$65.78M	USD	1 Quarter
Depreciation and amortization of property, equipment, and intangibles	`DepreciationDepletionAndAmortization`	$121.69M	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`	$3.00M	USD	1 Quarter
Gain on sale of property and equipment	`GainLossOnSaleOfPropertyPlantEquipment`	$11.79M	USD	1 Quarter
Impairments	`AssetImpairmentCharges`	-	USD	1 Quarter
Impairments	`AssetImpairmentCharges`	$902.00K	USD	1 Quarter
Deferred income taxes	`IncreaseDecreaseInDeferredIncomeTaxes`	$9.60M	USD	1 Quarter
Deferred income taxes	`IncreaseDecreaseInDeferredIncomeTaxes`	$-15.33M	USD	1 Quarter
Non-cash lease expense	`AmortizationOfLeasedAsset`	$27.63M	USD	1 Quarter
Non-cash lease expense	`AmortizationOfLeasedAsset`	$24.20M	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`	$-14.06M	USD	1 Quarter
Trade receivables	`IncreaseDecreaseInAccountsAndOtherReceivables`	$5.27M	USD	1 Quarter
Trade receivables	`IncreaseDecreaseInAccountsAndOtherReceivables`	$-62.36M	USD	1 Quarter
Income tax receivable	`IncreaseDecreaseInIncomeTaxesReceivable`	$-4.38M	USD	1 Quarter
Income tax receivable	`IncreaseDecreaseInIncomeTaxesReceivable`	$-5.54M	USD	1 Quarter
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$31.08M	USD	1 Quarter
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-1.81M	USD	1 Quarter
Accrued liabilities and claims accrual	`IncreaseDecreaseinAccruedLiabilitiesandOtherLiabilities`	$14.25M	USD	1 Quarter
Accrued liabilities and claims accrual	`IncreaseDecreaseinAccruedLiabilitiesandOtherLiabilities`	$-93.19M	USD	1 Quarter
Operating lease liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$-25.41M	USD	1 Quarter
Operating lease liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$-27.40M	USD	1 Quarter
Other assets and liabilities	`OtherOperatingActivitiesCashFlowStatement`	$4.78M	USD	1 Quarter
Other assets and liabilities	`OtherOperatingActivitiesCashFlowStatement`	$-12.78M	USD	1 Quarter
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$243.45M	USD	1 Quarter
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$155.34M	USD	1 Quarter
Proceeds from maturities of held-to-maturity investments	`ProceedsFromSaleAndMaturityOfHeldToMaturitySecurities`	$4.35M	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`	$4.30M	USD	1 Quarter
Proceeds from sale of property and equipment, including assets held for sale	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$56.66M	USD	1 Quarter
Proceeds from sale of property and equipment, including assets held for sale	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$33.76M	USD	1 Quarter
Payments to Acquire Property, Plant, and Equipment	`PaymentsToAcquireMachineryAndEquipment`	$105.78M	USD	1 Quarter
Payments to Acquire Property, Plant, and Equipment	`PaymentsToAcquireMachineryAndEquipment`	$109.43M	USD	1 Quarter
Payments to Acquire Other Property, Plant, and Equipment	`PaymentsToAcquireOtherProductiveAssets`	$4.27M	USD	1 Quarter
Payments to Acquire Other Property, Plant, and Equipment	`PaymentsToAcquireOtherProductiveAssets`	$352.00K	USD	1 Quarter
Net cash and equivalents invested in acquisitions	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$46.81M	USD	1 Quarter
Net cash and equivalents invested in acquisitions	`PaymentsToAcquireBusinessesNetOfCashAcquired`	-	USD	1 Quarter
Other cash flows from investing activities	`PaymentsForProceedsFromOtherInvestingActivities`	$-2.92M	USD	1 Quarter
Other cash flows from investing activities	`PaymentsForProceedsFromOtherInvestingActivities`	$2.79M	USD	1 Quarter
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-44.72M	USD	1 Quarter
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-125.58M	USD	1 Quarter
Repayment of finance leases and long-term debt	`RepaymentsOfDebtAndCapitalLeaseObligations`	$8.39M	USD	1 Quarter
Repayment of finance leases and long-term debt	`RepaymentsOfDebtAndCapitalLeaseObligations`	$14.50M	USD	1 Quarter
Borrowings (repayments) on revolving line of credit, net	`ProceedsFromRepaymentsOfLinesOfCredit`	$15.00M	USD	1 Quarter
Borrowings (repayments) on revolving line of credit, net	`ProceedsFromRepaymentsOfLinesOfCredit`	$-135.00M	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`	$25.00M	USD	1 Quarter
Repayment of accounts receivable securitization	`RepaymentsOfAccountsReceivableSecuritization`	$90.00M	USD	1 Quarter
Proceeds from common stock issued	`ProceedsFromStockPlans`	$3.26M	USD	1 Quarter
Proceeds from common stock issued	`ProceedsFromStockPlans`	$2.94M	USD	1 Quarter
Repurchases of the Company's common stock	`PaymentsForRepurchaseOfCommonStock`	-	USD	1 Quarter
Repurchases of the Company's common stock	`PaymentsForRepurchaseOfCommonStock`	$34.63M	USD	1 Quarter
Dividends paid	`PaymentsOfDividends`	$13.96M	USD	1 Quarter
Dividends paid	`PaymentsOfDividends`	$10.67M	USD	1 Quarter
Other cash flows from financing activities	`ProceedsFromPaymentsForOtherFinancingActivities`	$-1.66M	USD	1 Quarter
Other cash flows from financing activities	`ProceedsFromPaymentsForOtherFinancingActivities`	$-2.05M	USD	1 Quarter
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-71.89M	USD	1 Quarter
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-217.78M	USD	1 Quarter
Net decrease in cash, restricted cash, and equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-19.05M	USD	1 Quarter
Net decrease in cash, restricted cash, and equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-42.12M	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`	$111.92M	USD	Point-in-time
Cash, restricted cash, and equivalents at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$202.23M	USD	Point-in-time
Cash, restricted cash, and equivalents at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$160.10M	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`	$111.92M	USD	Point-in-time
Cash, restricted cash, and equivalents at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$202.23M	USD	Point-in-time
Cash, restricted cash, and equivalents at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$160.10M	USD	Point-in-time
Interest	`InterestPaidNet`	$6.29M	USD	1 Quarter
Interest	`InterestPaidNet`	$7.68M	USD	1 Quarter
Income taxes	`IncomeTaxesPaidNet`	$3.28M	USD	1 Quarter
Income taxes	`IncomeTaxesPaidNet`	$-124.00K	USD	1 Quarter
Equipment acquired included in accounts payable	`CapitalExpendituresIncurredButNotYetPaid`	$44.08M	USD	1 Quarter
Equipment acquired included in accounts payable	`CapitalExpendituresIncurredButNotYetPaid`	$53.57M	USD	1 Quarter
Right-of-use assets obtained in exchange for new operating lease liabilities	`RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability`	$1.70M	USD	1 Quarter
Right-of-use assets obtained in exchange for new operating lease liabilities	`RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability`	$7.88M	USD	1 Quarter
Property and equipment obtained in exchange for financing lease liabilities reclassified from operating lease liabilities	`RightOfUseAssetObtainedInExchangeForFinanceLeaseLiability`	$12.29M	USD	1 Quarter
Property and equipment obtained in exchange for financing lease liabilities reclassified from operating lease liabilities	`RightOfUseAssetObtainedInExchangeForFinanceLeaseLiability`	-	USD	1 Quarter

Stockholders Equity 26 line items

Line Item	Tag	Value	Unit	Period
Beginning balance, value	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$5.54B	USD	Point-in-time
Beginning balance, value	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$5.69B	USD	Point-in-time
Beginning balance, value	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$5.67B	USD	Point-in-time
Beginning balance, value	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$5.46B	USD	Point-in-time
Common stock issued to employees	`StockIssuedDuringPeriodValueShareBasedCompensation`	$2.71M	USD	1 Quarter
Common stock issued to employees	`StockIssuedDuringPeriodValueShareBasedCompensation`	$2.38M	USD	1 Quarter
Common stock issued under ESPP	`StockIssuedDuringPeriodValueEmployeeStockPurchasePlan`	$566.00K	USD	1 Quarter
Common stock issued under ESPP	`StockIssuedDuringPeriodValueEmployeeStockPurchasePlan`	$546.00K	USD	1 Quarter
Company shares repurchased, shares	`StockRepurchasedAndRetiredDuringPeriodShares`	1.14M	shares	1 Quarter
Company shares repurchased	`StockRepurchasedAndRetiredDuringPeriodValue`	$34.63M	USD	1 Quarter
Shares withheld RSU settlement	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$1.51M	USD	1 Quarter
Shares withheld RSU settlement	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$1.97M	USD	1 Quarter
Employee stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$3.54M	USD	1 Quarter
Employee stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$2.88M	USD	1 Quarter
Cash dividends paid and dividends accrued ($0.08 per share)	`Dividends`	$13.77M	USD	1 Quarter
Cash dividends paid and dividends accrued ($0.08 per share)	`Dividends`	$10.44M	USD	1 Quarter
Net income attributable to Knight-Swift	`NetIncomeLoss`	$65.43M	USD	1 Quarter
Net income attributable to Knight-Swift	`NetIncomeLoss`	$87.94M	USD	1 Quarter
Distribution to noncontrolling interest	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$180.00K	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`	$357.00K	USD	1 Quarter
Ending balance, value	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$5.54B	USD	Point-in-time
Ending balance, value	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$5.69B	USD	Point-in-time
Ending balance, value	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$5.67B	USD	Point-in-time
Ending balance, value	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$5.46B	USD	Point-in-time

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