10-Q Filing

KNIGHT-SWIFT TRANSPORTATION HOLDINGS INC. CIK: 1492691 Q2 2020

Filing Information

Form Type	10-Q
Accession Number	`0001492691-20-000057`
Period End Date	20200630
Filing Date	20200805
Fiscal Year	2020
Fiscal Period	Q2
XBRL Instance	knx-20200630_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 100 Income Statement 116 Cash Flow Statement 90 Stockholders Equity 56

Balance Sheet 100 line items

Line Item	Tag	Value	Unit	Period
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$55.06M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$117.76M	USD	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 restricted	`RestrictedCashAndCashEquivalentsAtCarryingValue`	$39.58M	USD	Point-in-time
Cash and cash equivalents restricted	`RestrictedCashAndCashEquivalentsAtCarryingValue`	$41.33M	USD	Point-in-time
Cash and cash equivalents restricted	`RestrictedCashAndCashEquivalentsAtCarryingValue`	$51.60M	USD	Point-in-time
Cash and cash equivalents restricted	`RestrictedCashAndCashEquivalentsAtCarryingValue`	$46.89M	USD	Point-in-time
Restricted investments, held-to-maturity, amortized cost	`HeldToMaturitySecurities`	$8.27M	USD	Point-in-time
Restricted investments, held-to-maturity, amortized cost	`HeldToMaturitySecurities`	$8.91M	USD	Point-in-time
Trade receivables, net of allowance for doubtful accounts of 20,568 and 18,178, respectively	`AccountsReceivableNetCurrent`	$522.08M	USD	Point-in-time
Trade receivables, net of allowance for doubtful accounts of 20,568 and 18,178, respectively	`AccountsReceivableNetCurrent`	$518.55M	USD	Point-in-time
Parenthetical - allowance for doubtful accounts	`AllowanceForDoubtfulAccountsReceivableCurrent`	$20.57M	USD	Point-in-time
Parenthetical - allowance for doubtful accounts	`AllowanceForDoubtfulAccountsReceivableCurrent`	$18.18M	USD	Point-in-time
Contract balance revenue in transit	`ContractWithCustomerAssetNet`	$14.68M	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`	$54.52M	USD	Point-in-time
Assets held for sale	`AssetsOfDisposalGroupIncludingDiscontinuedOperationCurrent`	$41.79M	USD	Point-in-time
Assets held for sale	`AssetsOfDisposalGroupIncludingDiscontinuedOperationCurrent`	$39.64M	USD	Point-in-time
Income tax receivable	`IncomeTaxesReceivable`	$5.90M	USD	Point-in-time
Income tax receivable	`IncomeTaxesReceivable`	$17.03M	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$27.07M	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`	$829.50M	USD	Point-in-time
Gross property and equipment	`PropertyPlantAndEquipmentGross`	$3.95B	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`	$1.05B	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$2.89B	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$2.85B	USD	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$169.43M	USD	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$136.95M	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`	$1.41B	USD	Point-in-time
Other long-term assets	`OtherAssetsNoncurrent`	$82.84M	USD	Point-in-time
Other long-term assets	`OtherAssetsNoncurrent`	$73.11M	USD	Point-in-time
Total assets	`Assets`	$8.28B	USD	Point-in-time
Total assets	`Assets`	$8.28B	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$99.19M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$128.73M	USD	Point-in-time
Accrued payroll and purchased transportation	`AccruedPayrollandPurchasedTransportation`	$110.06M	USD	Point-in-time
Accrued payroll and purchased transportation	`AccruedPayrollandPurchasedTransportation`	$109.40M	USD	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrent`	$95.86M	USD	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrent`	$175.22M	USD	Point-in-time
Claims accruals current portion	`AccruedInsuranceCurrent`	$168.01M	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`	$377.65M	USD	Point-in-time
Finance lease liabilities and long-term debt current portion	`LongTermDebtAndCapitalLeaseObligationsCurrent`	$403.74M	USD	Point-in-time
Operating lease liabilities current portion	`OperatingLeaseLiabilityCurrent`	$80.10M	USD	Point-in-time
Operating lease liabilities current portion	`OperatingLeaseLiabilityCurrent`	$65.74M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$971.48M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$993.04M	USD	Point-in-time
Revolving line of credit	`LongTermLineOfCredit`	$279.00M	USD	Point-in-time
Revolving line of credit	`LongTermLineOfCredit`	$235.00M	USD	Point-in-time
Finance lease liabilities less current portion	`FinanceLeaseLiabilityNoncurrent`	$57.38M	USD	Point-in-time
Finance lease liabilities less current portion	`FinanceLeaseLiabilityNoncurrent`	$48.18M	USD	Point-in-time
Operating lease liabilities less current portion	`OperatingLeaseLiabilityNoncurrent`	$96.16M	USD	Point-in-time
Operating lease liabilities less current portion	`OperatingLeaseLiabilityNoncurrent`	$76.27M	USD	Point-in-time
Accounts receivable securitization	`TransfersAccountedForAsSecuredBorrowingsAssociatedLiabilitiesCarryingAmount`	$164.84M	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`	$186.32M	USD	Point-in-time
Deferred tax liabilities	`DeferredIncomeTaxLiabilitiesNet`	$792.84M	USD	Point-in-time
Deferred tax liabilities	`DeferredIncomeTaxLiabilitiesNet`	$771.72M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$14.46M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$38.52M	USD	Point-in-time
Total liabilities	`Liabilities`	$2.51B	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
Parenthetical - Preferred stock, par value (in dollars per share)	`PreferredStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Parenthetical - Preferred stock, par value (in dollars per share)	`PreferredStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Parenthetical - Preferred stock, shares authorized (in shares)	`PreferredStockSharesAuthorized`	10.00M	shares	Point-in-time
Parenthetical - Preferred stock, shares authorized (in shares)	`PreferredStockSharesAuthorized`	10.00M	shares	Point-in-time
Parenthetical - Preferred stock, shares issued (in shares)	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Parenthetical - Preferred stock, shares issued (in shares)	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Common stock, par value $0.01 per share; 500,000 shares authorized; 170,162 and 170,688 shares issued and outstanding as of June 30, 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; 170,162 and 170,688 shares issued and outstanding as of June 30, 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`	$4.29B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$1.40B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$1.47B	USD	Point-in-time
Total Knight-Swift stockholders' equity	`StockholdersEquity`	$5.67B	USD	Point-in-time
Total Knight-Swift stockholders' equity	`StockholdersEquity`	$5.76B	USD	Point-in-time
Noncontrolling interest	`MinorityInterest`	$2.13M	USD	Point-in-time
Noncontrolling interest	`MinorityInterest`	$2.09M	USD	Point-in-time
Total stockholders equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$5.46B	USD	Point-in-time
Total stockholders equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$5.77B	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`	$5.53B	USD	Point-in-time
Total stockholders equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$5.67B	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$8.28B	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$8.28B	USD	Point-in-time

Income Statement 116 line items

Line Item	Tag	Value	Unit	Period
Total revenue	`Revenues`	$1.24B	USD	1 Quarter
Total revenue	`Revenues`	$1.06B	USD	1 Quarter
Total revenue	`Revenues`	$2.45B	USD	2 Qtrs
Total revenue	`Revenues`	$2.19B	USD	2 Qtrs
Salaries, wages, and benefits	`LaborAndRelatedExpense`	$380.35M	USD	1 Quarter
Salaries, wages, and benefits	`LaborAndRelatedExpense`	$720.14M	USD	2 Qtrs
Salaries, wages, and benefits	`LaborAndRelatedExpense`	$365.31M	USD	1 Quarter
Salaries, wages, and benefits	`LaborAndRelatedExpense`	$744.21M	USD	2 Qtrs
Fuel	`FuelCosts`	$151.31M	USD	1 Quarter
Fuel	`FuelCosts`	$208.24M	USD	2 Qtrs
Fuel	`FuelCosts`	$86.38M	USD	1 Quarter
Fuel	`FuelCosts`	$289.75M	USD	2 Qtrs
Operations and maintenance	`DirectOperatingMaintenanceSuppliesCosts`	$66.07M	USD	1 Quarter
Operations and maintenance	`DirectOperatingMaintenanceSuppliesCosts`	$82.44M	USD	1 Quarter
Operations and maintenance	`DirectOperatingMaintenanceSuppliesCosts`	$162.20M	USD	2 Qtrs
Operations and maintenance	`DirectOperatingMaintenanceSuppliesCosts`	$134.47M	USD	2 Qtrs
Insurance and claims	`OperatingInsuranceAndClaimsCostsProduction`	$99.58M	USD	2 Qtrs
Insurance and claims	`OperatingInsuranceAndClaimsCostsProduction`	$98.93M	USD	2 Qtrs
Insurance and claims	`OperatingInsuranceAndClaimsCostsProduction`	$45.30M	USD	1 Quarter
Insurance and claims	`OperatingInsuranceAndClaimsCostsProduction`	$48.80M	USD	1 Quarter
Operating taxes and licenses	`DirectTaxesAndLicensesCosts`	$43.05M	USD	2 Qtrs
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`	$20.88M	USD	1 Quarter
Communications	`CommunicationsInformationTechnologyAndOccupancy`	$10.04M	USD	2 Qtrs
Communications	`CommunicationsInformationTechnologyAndOccupancy`	$4.96M	USD	1 Quarter
Communications	`CommunicationsInformationTechnologyAndOccupancy`	$9.78M	USD	2 Qtrs
Communications	`CommunicationsInformationTechnologyAndOccupancy`	$4.90M	USD	1 Quarter
Depreciation and amortization of property and equipment	`Depreciation`	$114.60M	USD	1 Quarter
Depreciation and amortization of property and equipment	`Depreciation`	$203.88M	USD	2 Qtrs
Depreciation and amortization of property and equipment	`Depreciation`	$224.82M	USD	2 Qtrs
Depreciation and amortization of property and equipment	`Depreciation`	$102.94M	USD	1 Quarter
Amortization of intangibles	`AmortizationOfIntangibleAssets`	$11.47M	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`	$22.95M	USD	2 Qtrs
Rental expense	`LeaseAndRentalExpense`	$32.88M	USD	1 Quarter
Rental expense	`LeaseAndRentalExpense`	$22.37M	USD	1 Quarter
Rental expense	`LeaseAndRentalExpense`	$47.75M	USD	2 Qtrs
Rental expense	`LeaseAndRentalExpense`	$68.42M	USD	2 Qtrs
Purchased transportation	`PurchasedTransportation`	$425.38M	USD	2 Qtrs
Purchased transportation	`PurchasedTransportation`	$530.62M	USD	2 Qtrs
Purchased transportation	`PurchasedTransportation`	$261.27M	USD	1 Quarter
Purchased transportation	`PurchasedTransportation`	$200.11M	USD	1 Quarter
Impairments	`AssetImpairmentCharges`	$2.18M	USD	2 Qtrs
Impairments	`AssetImpairmentCharges`	$1.25M	USD	2 Qtrs
Impairments	`AssetImpairmentCharges`	$353.00K	USD	1 Quarter
Impairments	`AssetImpairmentCharges`	$2.18M	USD	1 Quarter
Miscellaneous operating expenses	`OtherCostAndExpenseOperating`	$34.11M	USD	1 Quarter
Miscellaneous operating expenses	`OtherCostAndExpenseOperating`	$20.78M	USD	1 Quarter
Miscellaneous operating expenses	`OtherCostAndExpenseOperating`	$46.74M	USD	2 Qtrs
Miscellaneous operating expenses	`OtherCostAndExpenseOperating`	$43.79M	USD	2 Qtrs
Total operating expenses	`CostsAndExpenses`	$2.22B	USD	2 Qtrs
Total operating expenses	`CostsAndExpenses`	$958.53M	USD	1 Quarter
Total operating expenses	`CostsAndExpenses`	$1.98B	USD	2 Qtrs
Total operating expenses	`CostsAndExpenses`	$1.13B	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$108.59M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$102.17M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$204.29M	USD	2 Qtrs
Operating income	`OperatingIncomeLoss`	$224.89M	USD	2 Qtrs
Interest income	`InvestmentIncomeInterest`	$1.27M	USD	2 Qtrs
Interest income	`InvestmentIncomeInterest`	$977.00K	USD	1 Quarter
Interest income	`InvestmentIncomeInterest`	$437.00K	USD	1 Quarter
Interest income	`InvestmentIncomeInterest`	$1.99M	USD	2 Qtrs
Interest expense	`InterestExpense`	$10.13M	USD	2 Qtrs
Interest expense	`InterestExpense`	$7.16M	USD	1 Quarter
Interest expense	`InterestExpense`	$4.02M	USD	1 Quarter
Interest expense	`InterestExpense`	$14.50M	USD	2 Qtrs
Other income, net	`OtherNonoperatingIncomeExpense`	$1.99M	USD	2 Qtrs
Other income, net	`OtherNonoperatingIncomeExpense`	$8.50M	USD	1 Quarter
Other income, net	`OtherNonoperatingIncomeExpense`	$9.24M	USD	2 Qtrs
Other income, net	`OtherNonoperatingIncomeExpense`	$3.10M	USD	1 Quarter
Total other income (expenses), net	`NonoperatingIncomeExpense`	$-3.08M	USD	1 Quarter
Total other income (expenses), net	`NonoperatingIncomeExpense`	$4.92M	USD	1 Quarter
Total other income (expenses), net	`NonoperatingIncomeExpense`	$-6.87M	USD	2 Qtrs
Total other income (expenses), net	`NonoperatingIncomeExpense`	$-3.27M	USD	2 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$197.42M	USD	2 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$107.08M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$105.52M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$221.62M	USD	2 Qtrs
Income tax expense	`IncomeTaxExpenseBenefit`	$26.08M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$54.00M	USD	2 Qtrs
Income tax expense	`IncomeTaxExpenseBenefit`	$26.82M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$51.37M	USD	2 Qtrs
Net income	`ProfitLoss`	$146.05M	USD	2 Qtrs
Net income	`ProfitLoss`	$80.27M	USD	1 Quarter
Net income	`ProfitLoss`	$167.62M	USD	2 Qtrs
Net income	`ProfitLoss`	$79.44M	USD	1 Quarter
Net income attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$78.00K	USD	1 Quarter
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`	$435.00K	USD	2 Qtrs
Net income attributable to Knight-Swift	`NetIncomeLoss`	$79.20M	USD	1 Quarter
Net income attributable to Knight-Swift	`NetIncomeLoss`	$167.14M	USD	2 Qtrs
Net income attributable to Knight-Swift	`NetIncomeLoss`	$145.62M	USD	2 Qtrs
Net income attributable to Knight-Swift	`NetIncomeLoss`	$80.19M	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.86	USD	2 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.97	USD	2 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.47	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.46	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.46	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.85	USD	2 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.97	USD	2 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.47	USD	1 Quarter
Dividends declared per share: (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$0.08	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`	$0.16	USD	2 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	170.28M	shares	2 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	172.08M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	169.95M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	172.52M	shares	2 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	170.62M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	173.16M	shares	2 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	170.96M	shares	2 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	172.72M	shares	1 Quarter

Cash Flow Statement 90 line items

Line Item	Tag	Value	Unit	Period
Net income	`ProfitLoss`	$146.05M	USD	2 Qtrs
Net income	`ProfitLoss`	$80.27M	USD	1 Quarter
Net income	`ProfitLoss`	$167.62M	USD	2 Qtrs
Net income	`ProfitLoss`	$79.44M	USD	1 Quarter
Depreciation and amortization of property, equipment, and intangibles	`DepreciationDepletionAndAmortization`	$225.26M	USD	2 Qtrs
Depreciation and amortization of property, equipment, and intangibles	`DepreciationDepletionAndAmortization`	$247.77M	USD	2 Qtrs
Gain on sale of property and equipment	`GainLossOnSaleOfPropertyPlantEquipment`	$4.72M	USD	2 Qtrs
Gain on sale of property and equipment	`GainLossOnSaleOfPropertyPlantEquipment`	$19.27M	USD	2 Qtrs
Impairments	`AssetImpairmentCharges`	$2.18M	USD	2 Qtrs
Impairments	`AssetImpairmentCharges`	$1.25M	USD	2 Qtrs
Impairments	`AssetImpairmentCharges`	$353.00K	USD	1 Quarter
Impairments	`AssetImpairmentCharges`	$2.18M	USD	1 Quarter
Deferred income taxes	`IncreaseDecreaseInDeferredIncomeTaxes`	$-23.11M	USD	2 Qtrs
Deferred income taxes	`IncreaseDecreaseInDeferredIncomeTaxes`	$-9.52M	USD	2 Qtrs
Non-cash lease expense	`AmortizationOfLeasedAsset`	$59.50M	USD	2 Qtrs
Non-cash lease expense	`AmortizationOfLeasedAsset`	$46.49M	USD	2 Qtrs
Other adjustments to reconcile net income to net cash provided by operating activities	`OtherNoncashIncomeExpense`	$-19.23M	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`	$11.44M	USD	2 Qtrs
Trade receivables	`IncreaseDecreaseInAccountsAndOtherReceivables`	$-50.49M	USD	2 Qtrs
Income tax receivable	`IncreaseDecreaseInIncomeTaxesReceivable`	$-11.12M	USD	2 Qtrs
Income tax receivable	`IncreaseDecreaseInIncomeTaxesReceivable`	$28.49M	USD	2 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-25.16M	USD	2 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$8.42M	USD	2 Qtrs
Accrued liabilities and claims accrual	`IncreaseDecreaseinAccruedLiabilitiesandOtherLiabilities`	$-16.91M	USD	2 Qtrs
Accrued liabilities and claims accrual	`IncreaseDecreaseinAccruedLiabilitiesandOtherLiabilities`	$-75.07M	USD	2 Qtrs
Operating lease liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$-59.74M	USD	2 Qtrs
Operating lease liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$-48.24M	USD	2 Qtrs
Other assets and liabilities	`OtherOperatingActivitiesCashFlowStatement`	$96.00K	USD	2 Qtrs
Other assets and liabilities	`OtherOperatingActivitiesCashFlowStatement`	$19.39M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$362.81M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$383.36M	USD	2 Qtrs
Proceeds from maturities of held-to-maturity investments	`ProceedsFromSaleAndMaturityOfHeldToMaturitySecurities`	$6.95M	USD	2 Qtrs
Proceeds from maturities of held-to-maturity investments	`ProceedsFromSaleAndMaturityOfHeldToMaturitySecurities`	$12.95M	USD	2 Qtrs
Purchases of held-to-maturity investments	`PaymentsToAcquireRestrictedInvestments`	$5.85M	USD	2 Qtrs
Purchases of held-to-maturity investments	`PaymentsToAcquireRestrictedInvestments`	$7.85M	USD	2 Qtrs
Proceeds from sale of property and equipment, including assets held for sale	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$103.82M	USD	2 Qtrs
Proceeds from sale of property and equipment, including assets held for sale	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$64.46M	USD	2 Qtrs
Purchases of property and equipment	`PaymentsToAcquireMachineryAndEquipment`	$323.72M	USD	2 Qtrs
Purchases of property and equipment	`PaymentsToAcquireMachineryAndEquipment`	$259.64M	USD	2 Qtrs
Expenditures on assets held for sale	`PaymentsToAcquireOtherProductiveAssets`	$7.96M	USD	2 Qtrs
Expenditures on assets held for sale	`PaymentsToAcquireOtherProductiveAssets`	$418.00K	USD	2 Qtrs
Net cash and equivalents invested in acquisitions	`PaymentsToAcquireBusinessesNetOfCashAcquired`	-	USD	2 Qtrs
Net cash and equivalents invested in acquisitions	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$46.81M	USD	2 Qtrs
Other cash flows from investing activities	`PaymentsForProceedsFromOtherInvestingActivities`	$3.12M	USD	2 Qtrs
Other cash flows from investing activities	`PaymentsForProceedsFromOtherInvestingActivities`	$9.76M	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-223.88M	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-253.07M	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`	$31.89M	USD	2 Qtrs
(Repayments) borrowings on revolving line of credit, net	`ProceedsFromRepaymentsOfLinesOfCredit`	$75.00M	USD	2 Qtrs
(Repayments) borrowings on revolving line of credit, net	`ProceedsFromRepaymentsOfLinesOfCredit`	$-44.00M	USD	2 Qtrs
Borrowings under accounts receivable securitization	`ProceedsFromAccountsReceivableSecuritization`	-	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`	$40.00M	USD	2 Qtrs
Proceeds from common stock issued	`ProceedsFromStockPlans`	$9.89M	USD	2 Qtrs
Proceeds from common stock issued	`ProceedsFromStockPlans`	$5.36M	USD	2 Qtrs
Repurchases of the Company's common stock	`PaymentsForRepurchaseOfCommonStock`	$86.89M	USD	2 Qtrs
Repurchases of the Company's common stock	`PaymentsForRepurchaseOfCommonStock`	$34.63M	USD	2 Qtrs
Dividends paid	`PaymentsOfDividends`	$20.95M	USD	2 Qtrs
Dividends paid	`PaymentsOfDividends`	$27.67M	USD	2 Qtrs
Other cash flows from financing activities	`ProceedsFromPaymentsForOtherFinancingActivities`	$-2.60M	USD	2 Qtrs
Other cash flows from financing activities	`ProceedsFromPaymentsForOtherFinancingActivities`	$-5.47M	USD	2 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-162.02M	USD	2 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-173.77M	USD	2 Qtrs
Net decrease in cash, restricted cash, and equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-43.48M	USD	2 Qtrs
Net decrease in cash, restricted cash, and equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-23.09M	USD	2 Qtrs
Cash, restricted cash, and equivalents at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$158.75M	USD	Point-in-time
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`	$202.23M	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 end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$158.75M	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`	$202.23M	USD	Point-in-time
Cash, restricted cash, and equivalents at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$130.98M	USD	Point-in-time
Interest	`InterestPaidNet`	$14.28M	USD	2 Qtrs
Interest	`InterestPaidNet`	$10.46M	USD	2 Qtrs
Income taxes	`IncomeTaxesPaidNet`	$72.47M	USD	2 Qtrs
Income taxes	`IncomeTaxesPaidNet`	$3.63M	USD	2 Qtrs
Equipment acquired included in accounts payable	`CapitalExpendituresIncurredButNotYetPaid`	$27.46M	USD	2 Qtrs
Equipment acquired included in accounts payable	`CapitalExpendituresIncurredButNotYetPaid`	$50.09M	USD	2 Qtrs
Equipment sales receivables	`Knx_EquipmentSalesReceivables`	$3.39M	USD	2 Qtrs
Equipment sales receivables	`Knx_EquipmentSalesReceivables`	$5.68M	USD	2 Qtrs
Business Combination, Contingent Consideration Arrangements, Change in Amount of Contingent Consideration, Liability	`BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1`	$18.25M	USD	2 Qtrs
Business Combination, Contingent Consideration Arrangements, Change in Amount of Contingent Consideration, Liability	`BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1`	-	USD	2 Qtrs
Right-of-use assets obtained in exchange for new operating lease liabilities	`RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability`	$1.63M	USD	2 Qtrs
Right-of-use assets obtained in exchange for new operating lease liabilities	`RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability`	$8.64M	USD	2 Qtrs
Property and equipment obtained in exchange for financing lease liabilities reclassified from operating lease liabilities	`RightOfUseAssetObtainedInExchangeForFinanceLeaseLiability`	$48.66M	USD	2 Qtrs
Property and equipment obtained in exchange for financing lease liabilities reclassified from operating lease liabilities	`RightOfUseAssetObtainedInExchangeForFinanceLeaseLiability`	$32.15M	USD	2 Qtrs

Stockholders Equity 56 line items

Line Item	Tag	Value	Unit	Period
Beginning balance, value	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$5.46B	USD	Point-in-time
Beginning balance, value	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$5.77B	USD	Point-in-time
Beginning balance, value	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$5.54B	USD	Point-in-time
Beginning balance, value	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$5.69B	USD	Point-in-time
Beginning balance, value	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$5.53B	USD	Point-in-time
Beginning balance, value	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$5.67B	USD	Point-in-time
Common stock issued to employees	`StockIssuedDuringPeriodValueShareBasedCompensation`	$3.70M	USD	2 Qtrs
Common stock issued to employees	`StockIssuedDuringPeriodValueShareBasedCompensation`	$5.60M	USD	1 Quarter
Common stock issued to employees	`StockIssuedDuringPeriodValueShareBasedCompensation`	$1.33M	USD	1 Quarter
Common stock issued to employees	`StockIssuedDuringPeriodValueShareBasedCompensation`	$8.31M	USD	2 Qtrs
Common stock issued to the Board	`StockIssuedDuringPeriodValueNewIssues`	$515.00K	USD	2 Qtrs
Common stock issued to the Board	`StockIssuedDuringPeriodValueNewIssues`	$515.00K	USD	1 Quarter
Common stock issued to the Board	`StockIssuedDuringPeriodValueNewIssues`	$531.00K	USD	1 Quarter
Common stock issued to the Board	`StockIssuedDuringPeriodValueNewIssues`	$531.00K	USD	2 Qtrs
Common stock issued under ESPP	`StockIssuedDuringPeriodValueEmployeeStockPurchasePlan`	$1.06M	USD	2 Qtrs
Common stock issued under ESPP	`StockIssuedDuringPeriodValueEmployeeStockPurchasePlan`	$517.00K	USD	1 Quarter
Common stock issued under ESPP	`StockIssuedDuringPeriodValueEmployeeStockPurchasePlan`	$563.00K	USD	1 Quarter
Common stock issued under ESPP	`StockIssuedDuringPeriodValueEmployeeStockPurchasePlan`	$1.13M	USD	2 Qtrs
Company shares repurchased (Shares)	`StockRepurchasedAndRetiredDuringPeriodShares`	0.00	shares	1 Quarter
Company shares repurchased (Shares)	`StockRepurchasedAndRetiredDuringPeriodShares`	1.14M	shares	2 Qtrs
Company shares repurchased (Shares)	`StockRepurchasedAndRetiredDuringPeriodShares`	2.87M	shares	2 Qtrs
Company shares repurchased (Shares)	`StockRepurchasedAndRetiredDuringPeriodShares`	2.87M	shares	1 Quarter
Company shares repurchased	`StockRepurchasedAndRetiredDuringPeriodValue`	$34.63M	USD	2 Qtrs
Company shares repurchased	`StockRepurchasedAndRetiredDuringPeriodValue`	$86.89M	USD	2 Qtrs
Company shares repurchased	`StockRepurchasedAndRetiredDuringPeriodValue`	$86.89M	USD	1 Quarter
Company shares repurchased	`StockRepurchasedAndRetiredDuringPeriodValue`	-	USD	1 Quarter
Shares withheld RSU settlement	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$4.50M	USD	2 Qtrs
Shares withheld RSU settlement	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$790.00K	USD	1 Quarter
Shares withheld RSU settlement	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$2.30M	USD	2 Qtrs
Shares withheld RSU settlement	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$2.53M	USD	1 Quarter
Employee stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$6.57M	USD	2 Qtrs
Employee stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$3.69M	USD	1 Quarter
Employee stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$8.36M	USD	2 Qtrs
Employee stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$4.83M	USD	1 Quarter
Cash dividends paid and dividends accrued ($0.08 per share)	`Dividends`	$20.76M	USD	2 Qtrs
Cash dividends paid and dividends accrued ($0.08 per share)	`Dividends`	$10.32M	USD	1 Quarter
Cash dividends paid and dividends accrued ($0.08 per share)	`Dividends`	$27.50M	USD	2 Qtrs
Cash dividends paid and dividends accrued ($0.08 per share)	`Dividends`	$13.72M	USD	1 Quarter
Net income attributable to Knight-Swift	`NetIncomeLoss`	$79.20M	USD	1 Quarter
Net income attributable to Knight-Swift	`NetIncomeLoss`	$167.14M	USD	2 Qtrs
Net income attributable to Knight-Swift	`NetIncomeLoss`	$145.62M	USD	2 Qtrs
Net income attributable to Knight-Swift	`NetIncomeLoss`	$80.19M	USD	1 Quarter
Distribution to noncontrolling interest	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$394.00K	USD	2 Qtrs
Distribution to noncontrolling interest	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$296.00K	USD	2 Qtrs
Distribution to noncontrolling interest	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$148.00K	USD	1 Quarter
Distribution to noncontrolling interest	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$214.00K	USD	1 Quarter
Net income attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$78.00K	USD	1 Quarter
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`	$435.00K	USD	2 Qtrs
Ending balance, value	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$5.46B	USD	Point-in-time
Ending balance, value	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$5.77B	USD	Point-in-time
Ending balance, value	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$5.54B	USD	Point-in-time
Ending balance, value	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$5.69B	USD	Point-in-time
Ending balance, value	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$5.53B	USD	Point-in-time
Ending balance, value	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$5.67B	USD	Point-in-time

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