10-Q Filing

KNIGHT-SWIFT TRANSPORTATION HOLDINGS INC. CIK: 1492691 Q2 2021

Filing Information

Form Type	10-Q
Accession Number	`0001492691-21-000069`
Period End Date	20210630
Filing Date	20210804
Fiscal Year	2021
Fiscal Period	Q2
XBRL Instance	knx-20210630_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 110 Income Statement 116 Cash Flow Statement 92 Stockholders Equity 61

Balance Sheet 110 line items

Line Item	Tag	Value	Unit	Period
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$179.03M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$117.76M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$159.72M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$156.70M	USD	Point-in-time
Cash and cash equivalents restricted	`RestrictedCashAndCashEquivalentsAtCarryingValue`	$41.33M	USD	Point-in-time
Cash and cash equivalents restricted	`RestrictedCashAndCashEquivalentsAtCarryingValue`	$39.58M	USD	Point-in-time
Cash and cash equivalents restricted	`RestrictedCashAndCashEquivalentsAtCarryingValue`	$51.64M	USD	Point-in-time
Cash and cash equivalents restricted	`RestrictedCashAndCashEquivalentsAtCarryingValue`	$39.33M	USD	Point-in-time
Restricted investments, held-to-maturity, amortized cost	`HeldToMaturitySecurities`	$8.59M	USD	Point-in-time
Restricted investments, held-to-maturity, amortized cost	`HeldToMaturitySecurities`	$9.00M	USD	Point-in-time
Trade receivables, net of allowance for doubtful accounts of $22,157 and $22,093, respectively	`AccountsReceivableNetCurrent`	$648.43M	USD	Point-in-time
Trade receivables, net of allowance for doubtful accounts of $22,157 and $22,093, respectively	`AccountsReceivableNetCurrent`	$578.48M	USD	Point-in-time
Contract balance revenue in transit	`ContractWithCustomerAssetNet`	$20.91M	USD	Point-in-time
Contract balance revenue in transit	`ContractWithCustomerAssetNet`	$14.56M	USD	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$71.65M	USD	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$58.72M	USD	Point-in-time
Assets held for sale	`AssetsOfDisposalGroupIncludingDiscontinuedOperationCurrent`	$17.60M	USD	Point-in-time
Assets held for sale	`AssetsOfDisposalGroupIncludingDiscontinuedOperationCurrent`	$29.76M	USD	Point-in-time
Income tax receivable	`IncomeTaxesReceivable`	$2.90M	USD	Point-in-time
Income tax receivable	`IncomeTaxesReceivable`	$29.37M	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$20.99M	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$60.58M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$923.36M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$1.07B	USD	Point-in-time
Gross property and equipment	`PropertyPlantAndEquipmentGross`	$4.40B	USD	Point-in-time
Gross property and equipment	`PropertyPlantAndEquipmentGross`	$4.22B	USD	Point-in-time
Less: accumulated depreciation and amortization	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$1.39B	USD	Point-in-time
Less: accumulated depreciation and amortization	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$1.23B	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$2.99B	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$3.01B	USD	Point-in-time
Operating lease right-of-use-assets	`OperatingLeaseRightOfUseAsset`	$113.30M	USD	Point-in-time
Operating lease right-of-use-assets	`OperatingLeaseRightOfUseAsset`	$91.26M	USD	Point-in-time
Goodwill	`Goodwill`	$2.92B	USD	Point-in-time
Goodwill	`Goodwill`	$2.97B	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$1.39B	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$1.40B	USD	Point-in-time
Other long-term assets	`OtherAssetsNoncurrent`	$130.00M	USD	Point-in-time
Other long-term assets	`OtherAssetsNoncurrent`	$126.48M	USD	Point-in-time
Total assets	`Assets`	$8.47B	USD	Point-in-time
Total assets	`Assets`	$8.68B	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$101.00M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$151.70M	USD	Point-in-time
Accrued payroll and purchased transportation	`AccruedPayrollandPurchasedTransportation`	$160.89M	USD	Point-in-time
Accrued payroll and purchased transportation	`AccruedPayrollandPurchasedTransportation`	$191.91M	USD	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrent`	$88.89M	USD	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrent`	$87.64M	USD	Point-in-time
Claims accruals current portion	`AccruedInsuranceCurrent`	$169.09M	USD	Point-in-time
Claims accruals current portion	`AccruedInsuranceCurrent`	$174.93M	USD	Point-in-time
Finance lease liabilities and long-term debt current portion	`LongTermDebtAndCapitalLeaseObligationsCurrent`	$52.58M	USD	Point-in-time
Finance lease liabilities and long-term debt current portion	`LongTermDebtAndCapitalLeaseObligationsCurrent`	$72.42M	USD	Point-in-time
Operating lease liabilities current portion	`OperatingLeaseLiabilityCurrent`	$32.78M	USD	Point-in-time
Operating lease liabilities current portion	`OperatingLeaseLiabilityCurrent`	$47.50M	USD	Point-in-time
Accounts receivable securitization current portion	`TransfersAccountedForAsSecuredBorrowingsAssociatedLiabilitiesCurrentPortion`	$213.92M	USD	Point-in-time
Accounts receivable securitization current portion	`TransfersAccountedForAsSecuredBorrowingsAssociatedLiabilitiesCurrentPortion`	-	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$705.55M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$839.71M	USD	Point-in-time
Revolving line of credit	`LongTermLineOfCredit`	$55.00M	USD	Point-in-time
Revolving line of credit	`LongTermLineOfCredit`	$210.00M	USD	Point-in-time
Long-term debt less current portion	`UnsecuredLongTermDebt`	$299.22M	USD	Point-in-time
Long-term debt less current portion	`UnsecuredLongTermDebt`	$298.91M	USD	Point-in-time
Finance lease liabilities less current portion	`FinanceLeaseLiabilityNoncurrent`	$165.64M	USD	Point-in-time
Finance lease liabilities less current portion	`FinanceLeaseLiabilityNoncurrent`	$138.24M	USD	Point-in-time
Operating lease liabilities less current portion	`OperatingLeaseLiabilityNoncurrent`	$69.85M	USD	Point-in-time
Operating lease liabilities less current portion	`OperatingLeaseLiabilityNoncurrent`	$60.96M	USD	Point-in-time
Accounts receivable securitization less current portion	`TransfersAccountedForAsSecuredBorrowingsAssociatedLiabilitiesCarryingAmount`	-	USD	Point-in-time
Accounts receivable securitization less current portion	`TransfersAccountedForAsSecuredBorrowingsAssociatedLiabilitiesCarryingAmount`	$278.37M	USD	Point-in-time
Claims accruals less current portion	`AccruedInsuranceNoncurrent`	$168.15M	USD	Point-in-time
Claims accruals less current portion	`AccruedInsuranceNoncurrent`	$174.81M	USD	Point-in-time
Deferred tax liabilities	`DeferredIncomeTaxLiabilitiesNet`	$815.94M	USD	Point-in-time
Deferred tax liabilities	`DeferredIncomeTaxLiabilitiesNet`	$806.40M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$45.12M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$48.50M	USD	Point-in-time
Total liabilities	`Liabilities`	$2.58B	USD	Point-in-time
Total liabilities	`Liabilities`	$2.60B	USD	Point-in-time
Commitments and contingencies (Notes 3, 9, and 10)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies (Notes 3, 9, and 10)	`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; 165,711 and 166,553 shares issued and outstanding as of June 30, 2021 and December 31, 2020, respectively.	`CommonStockValueOutstanding`	$1.67M	USD	Point-in-time
Common stock, par value $0.01 per share; 500,000 shares authorized; 165,711 and 166,553 shares issued and outstanding as of June 30, 2021 and December 31, 2020, respectively.	`CommonStockValueOutstanding`	$1.66M	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	500.00M	shares	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	500.00M	shares	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	165.71M	shares	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	166.55M	shares	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	165.71M	shares	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	166.55M	shares	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$4.33B	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$4.30B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$1.76B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$1.57B	USD	Point-in-time
Total Knight-Swift stockholders' equity	`StockholdersEquity`	$5.87B	USD	Point-in-time
Total Knight-Swift stockholders' equity	`StockholdersEquity`	$6.09B	USD	Point-in-time
Noncontrolling interest	`MinorityInterest`	$2.19M	USD	Point-in-time
Noncontrolling interest	`MinorityInterest`	$12.79M	USD	Point-in-time
Total stockholders equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$6.10B	USD	Point-in-time
Total stockholders equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$5.87B	USD	Point-in-time
Total stockholders equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$5.95B	USD	Point-in-time
Total stockholders equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$5.77B	USD	Point-in-time
Total stockholders equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$5.67B	USD	Point-in-time
Total stockholders equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$5.69B	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$8.47B	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$8.68B	USD	Point-in-time

Income Statement 116 line items

Line Item	Tag	Value	Unit	Period
Total revenue	`Revenues`	$1.32B	USD	1 Quarter
Total revenue	`Revenues`	$1.06B	USD	1 Quarter
Total revenue	`Revenues`	$2.54B	USD	2 Qtrs
Total revenue	`Revenues`	$2.19B	USD	2 Qtrs
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`	$377.61M	USD	1 Quarter
Salaries, wages, and benefits	`LaborAndRelatedExpense`	$747.98M	USD	2 Qtrs
Fuel	`FuelCosts`	$208.24M	USD	2 Qtrs
Fuel	`FuelCosts`	$244.29M	USD	2 Qtrs
Fuel	`FuelCosts`	$126.06M	USD	1 Quarter
Fuel	`FuelCosts`	$86.38M	USD	1 Quarter
Operations and maintenance	`DirectOperatingMaintenanceSuppliesCosts`	$139.38M	USD	2 Qtrs
Operations and maintenance	`DirectOperatingMaintenanceSuppliesCosts`	$134.47M	USD	2 Qtrs
Operations and maintenance	`DirectOperatingMaintenanceSuppliesCosts`	$66.07M	USD	1 Quarter
Operations and maintenance	`DirectOperatingMaintenanceSuppliesCosts`	$71.31M	USD	1 Quarter
Insurance and claims	`OperatingInsuranceAndClaimsCostsProduction`	$58.78M	USD	1 Quarter
Insurance and claims	`OperatingInsuranceAndClaimsCostsProduction`	$114.42M	USD	2 Qtrs
Insurance and claims	`OperatingInsuranceAndClaimsCostsProduction`	$99.58M	USD	2 Qtrs
Insurance and claims	`OperatingInsuranceAndClaimsCostsProduction`	$45.30M	USD	1 Quarter
Operating taxes and licenses	`DirectTaxesAndLicensesCosts`	$20.88M	USD	1 Quarter
Operating taxes and licenses	`DirectTaxesAndLicensesCosts`	$43.77M	USD	2 Qtrs
Operating taxes and licenses	`DirectTaxesAndLicensesCosts`	$21.72M	USD	1 Quarter
Operating taxes and licenses	`DirectTaxesAndLicensesCosts`	$43.05M	USD	2 Qtrs
Communications	`CommunicationsInformationTechnologyAndOccupancy`	$4.63M	USD	1 Quarter
Communications	`CommunicationsInformationTechnologyAndOccupancy`	$4.90M	USD	1 Quarter
Communications	`CommunicationsInformationTechnologyAndOccupancy`	$9.78M	USD	2 Qtrs
Communications	`CommunicationsInformationTechnologyAndOccupancy`	$9.67M	USD	2 Qtrs
Depreciation and amortization of property and equipment	`Depreciation`	$224.82M	USD	2 Qtrs
Depreciation and amortization of property and equipment	`Depreciation`	$114.60M	USD	1 Quarter
Depreciation and amortization of property and equipment	`Depreciation`	$123.61M	USD	1 Quarter
Depreciation and amortization of property and equipment	`Depreciation`	$243.52M	USD	2 Qtrs
Amortization of intangibles	`AmortizationOfIntangibleAssets`	$22.95M	USD	2 Qtrs
Amortization of intangibles	`AmortizationOfIntangibleAssets`	$23.73M	USD	2 Qtrs
Amortization of intangibles	`AmortizationOfIntangibleAssets`	$11.98M	USD	1 Quarter
Amortization of intangibles	`AmortizationOfIntangibleAssets`	$11.47M	USD	1 Quarter
Rental expense	`LeaseAndRentalExpense`	$30.26M	USD	2 Qtrs
Rental expense	`LeaseAndRentalExpense`	$47.75M	USD	2 Qtrs
Rental expense	`LeaseAndRentalExpense`	$13.40M	USD	1 Quarter
Rental expense	`LeaseAndRentalExpense`	$22.37M	USD	1 Quarter
Purchased transportation	`PurchasedTransportation`	$200.11M	USD	1 Quarter
Purchased transportation	`PurchasedTransportation`	$304.16M	USD	1 Quarter
Purchased transportation	`PurchasedTransportation`	$425.38M	USD	2 Qtrs
Purchased transportation	`PurchasedTransportation`	$562.39M	USD	2 Qtrs
Impairments	`AssetImpairmentCharges`	$1.25M	USD	2 Qtrs
Impairments	`AssetImpairmentCharges`	-	USD	2 Qtrs
Impairments	`AssetImpairmentCharges`	-	USD	1 Quarter
Impairments	`AssetImpairmentCharges`	$353.00K	USD	1 Quarter
Miscellaneous operating expenses	`OtherCostAndExpenseOperating`	$43.79M	USD	2 Qtrs
Miscellaneous operating expenses	`OtherCostAndExpenseOperating`	$11.33M	USD	1 Quarter
Miscellaneous operating expenses	`OtherCostAndExpenseOperating`	$20.78M	USD	1 Quarter
Miscellaneous operating expenses	`OtherCostAndExpenseOperating`	$25.92M	USD	2 Qtrs
Total operating expenses	`CostsAndExpenses`	$2.19B	USD	2 Qtrs
Total operating expenses	`CostsAndExpenses`	$1.12B	USD	1 Quarter
Total operating expenses	`CostsAndExpenses`	$1.98B	USD	2 Qtrs
Total operating expenses	`CostsAndExpenses`	$958.53M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$204.29M	USD	2 Qtrs
Operating income	`OperatingIncomeLoss`	$102.17M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$353.37M	USD	2 Qtrs
Operating income	`OperatingIncomeLoss`	$191.12M	USD	1 Quarter
Interest income	`InvestmentIncomeInterest`	$437.00K	USD	1 Quarter
Interest income	`InvestmentIncomeInterest`	$564.00K	USD	2 Qtrs
Interest income	`InvestmentIncomeInterest`	$1.27M	USD	2 Qtrs
Interest income	`InvestmentIncomeInterest`	$270.00K	USD	1 Quarter
Interest expense	`InterestExpense`	$10.13M	USD	2 Qtrs
Interest expense	`InterestExpense`	$4.02M	USD	1 Quarter
Interest expense	`InterestExpense`	$6.79M	USD	2 Qtrs
Interest expense	`InterestExpense`	$3.31M	USD	1 Quarter
Other income, net	`OtherNonoperatingIncomeExpense`	$8.50M	USD	1 Quarter
Other income, net	`OtherNonoperatingIncomeExpense`	$1.99M	USD	2 Qtrs
Other income, net	`OtherNonoperatingIncomeExpense`	$16.84M	USD	1 Quarter
Other income, net	`OtherNonoperatingIncomeExpense`	$32.95M	USD	2 Qtrs
Total other income (expenses), net	`NonoperatingIncomeExpense`	$26.72M	USD	2 Qtrs
Total other income (expenses), net	`NonoperatingIncomeExpense`	$4.92M	USD	1 Quarter
Total other income (expenses), net	`NonoperatingIncomeExpense`	$13.80M	USD	1 Quarter
Total other income (expenses), net	`NonoperatingIncomeExpense`	$-6.87M	USD	2 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$204.92M	USD	1 Quarter
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`	$380.09M	USD	2 Qtrs
Income tax expense	`IncomeTaxExpenseBenefit`	$26.82M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$51.37M	USD	2 Qtrs
Income tax expense	`IncomeTaxExpenseBenefit`	$97.11M	USD	2 Qtrs
Income tax expense	`IncomeTaxExpenseBenefit`	$51.78M	USD	1 Quarter
Net income	`ProfitLoss`	$282.98M	USD	2 Qtrs
Net income	`ProfitLoss`	$153.13M	USD	1 Quarter
Net income	`ProfitLoss`	$80.27M	USD	1 Quarter
Net income	`ProfitLoss`	$146.05M	USD	2 Qtrs
Net income attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$435.00K	USD	2 Qtrs
Net income attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$384.00K	USD	2 Qtrs
Net income attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$78.00K	USD	1 Quarter
Net income attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$331.00K	USD	1 Quarter
Net income attributable to Knight-Swift	`NetIncomeLoss`	$282.59M	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
Net income attributable to Knight-Swift	`NetIncomeLoss`	$152.80M	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$1.70	USD	2 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.86	USD	2 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.92	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.47	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.85	USD	2 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.47	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.92	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$1.69	USD	2 Qtrs
Dividends declared per share: (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$0.10	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`	$0.16	USD	2 Qtrs
Dividends declared per share: (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$0.18	USD	2 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	165.75M	shares	2 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	170.28M	shares	2 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	165.58M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	169.95M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	170.62M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	170.96M	shares	2 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	166.59M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	166.75M	shares	2 Qtrs

Cash Flow Statement 92 line items

Line Item	Tag	Value	Unit	Period
Net income	`ProfitLoss`	$282.98M	USD	2 Qtrs
Net income	`ProfitLoss`	$153.13M	USD	1 Quarter
Net income	`ProfitLoss`	$80.27M	USD	1 Quarter
Net income	`ProfitLoss`	$146.05M	USD	2 Qtrs
Depreciation and amortization of property, equipment, and intangibles	`DepreciationDepletionAndAmortization`	$247.77M	USD	2 Qtrs
Depreciation and amortization of property, equipment, and intangibles	`DepreciationDepletionAndAmortization`	$267.25M	USD	2 Qtrs
Gain on sale of property and equipment	`GainLossOnSaleOfPropertyPlantEquipment`	$25.59M	USD	2 Qtrs
Gain on sale of property and equipment	`GainLossOnSaleOfPropertyPlantEquipment`	$4.72M	USD	2 Qtrs
Impairments	`AssetImpairmentCharges`	$1.25M	USD	2 Qtrs
Impairments	`AssetImpairmentCharges`	-	USD	2 Qtrs
Impairments	`AssetImpairmentCharges`	-	USD	1 Quarter
Impairments	`AssetImpairmentCharges`	$353.00K	USD	1 Quarter
Deferred income taxes	`IncreaseDecreaseInDeferredIncomeTaxes`	$9.54M	USD	2 Qtrs
Deferred income taxes	`IncreaseDecreaseInDeferredIncomeTaxes`	$-23.11M	USD	2 Qtrs
Non-cash lease expense	`AmortizationOfLeasedAsset`	$46.49M	USD	2 Qtrs
Non-cash lease expense	`AmortizationOfLeasedAsset`	$26.74M	USD	2 Qtrs
Non-cash adjustment to fair value of convertible note	`IncreaseDecreaseInDebtSecuritiesTrading`	-	USD	2 Qtrs
Non-cash adjustment to fair value of convertible note	`IncreaseDecreaseInDebtSecuritiesTrading`	$12.63M	USD	2 Qtrs
Other adjustments to reconcile net income to net cash provided by operating activities	`OtherNoncashIncomeExpense`	$-9.35M	USD	2 Qtrs
Other adjustments to reconcile net income to net cash provided by operating activities	`OtherNoncashIncomeExpense`	$-19.23M	USD	2 Qtrs
Trade receivables	`IncreaseDecreaseInAccountsAndOtherReceivables`	$70.07M	USD	2 Qtrs
Trade receivables	`IncreaseDecreaseInAccountsAndOtherReceivables`	$11.44M	USD	2 Qtrs
Income tax receivable	`IncreaseDecreaseInIncomeTaxesReceivable`	$-11.12M	USD	2 Qtrs
Income tax receivable	`IncreaseDecreaseInIncomeTaxesReceivable`	$26.47M	USD	2 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$28.93M	USD	2 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$8.42M	USD	2 Qtrs
Accrued liabilities and claims accrual	`IncreaseDecreaseinAccruedLiabilitiesandOtherLiabilities`	$-75.07M	USD	2 Qtrs
Accrued liabilities and claims accrual	`IncreaseDecreaseinAccruedLiabilitiesandOtherLiabilities`	$6.51M	USD	2 Qtrs
Operating lease liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$-48.24M	USD	2 Qtrs
Operating lease liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$-28.31M	USD	2 Qtrs
Other assets and liabilities	`OtherOperatingActivitiesCashFlowStatement`	$19.39M	USD	2 Qtrs
Other assets and liabilities	`OtherOperatingActivitiesCashFlowStatement`	$10.34M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$459.50M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$383.36M	USD	2 Qtrs
Proceeds from maturities of held-to-maturity investments	`ProceedsFromSaleAndMaturityOfHeldToMaturitySecurities`	$2.85M	USD	2 Qtrs
Proceeds from maturities of held-to-maturity investments	`ProceedsFromSaleAndMaturityOfHeldToMaturitySecurities`	$6.95M	USD	2 Qtrs
Purchases of held-to-maturity investments	`PaymentsToAcquireRestrictedInvestments`	$7.85M	USD	2 Qtrs
Purchases of held-to-maturity investments	`PaymentsToAcquireRestrictedInvestments`	$2.56M	USD	2 Qtrs
Proceeds from sale of property and equipment, including assets held for sale	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$64.46M	USD	2 Qtrs
Proceeds from sale of property and equipment, including assets held for sale	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$127.07M	USD	2 Qtrs
Purchases of property and equipment	`PaymentsToAcquireMachineryAndEquipment`	$247.55M	USD	2 Qtrs
Purchases of property and equipment	`PaymentsToAcquireMachineryAndEquipment`	$259.64M	USD	2 Qtrs
Expenditures on assets held for sale	`PaymentsToAcquireOtherProductiveAssets`	$765.00K	USD	2 Qtrs
Expenditures on assets held for sale	`PaymentsToAcquireOtherProductiveAssets`	$418.00K	USD	2 Qtrs
Net cash, restricted cash, and equivalents invested in acquisitions	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$46.81M	USD	2 Qtrs
Net cash, restricted cash, and equivalents invested in acquisitions	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$63.30M	USD	2 Qtrs
Investment in convertible note	`PaymentsToAcquireAvailableForSaleSecuritiesDebt`	$25.00M	USD	2 Qtrs
Investment in convertible note	`PaymentsToAcquireAvailableForSaleSecuritiesDebt`	-	USD	2 Qtrs
Other cash flows from investing activities	`PaymentsForProceedsFromOtherInvestingActivities`	$-12.34M	USD	2 Qtrs
Other cash flows from investing activities	`PaymentsForProceedsFromOtherInvestingActivities`	$9.76M	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-253.07M	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-196.92M	USD	2 Qtrs
Repayment of finance leases and long-term debt	`RepaymentsOfDebtAndCapitalLeaseObligations`	$50.43M	USD	2 Qtrs
Repayment of finance leases and long-term debt	`RepaymentsOfDebtAndCapitalLeaseObligations`	$31.89M	USD	2 Qtrs
Repayments on revolving lines of credit, net	`ProceedsFromRepaymentsOfLinesOfCredit`	$-44.00M	USD	2 Qtrs
Repayments on revolving lines of credit, net	`ProceedsFromRepaymentsOfLinesOfCredit`	$-155.00M	USD	2 Qtrs
Borrowings under accounts receivable securitization	`ProceedsFromAccountsReceivableSecuritization`	$80.00M	USD	2 Qtrs
Borrowings under accounts receivable securitization	`ProceedsFromAccountsReceivableSecuritization`	-	USD	2 Qtrs
Repayment of accounts receivable securitization	`RepaymentsOfAccountsReceivableSecuritization`	$15.00M	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`	$5.30M	USD	2 Qtrs
Repurchases of the Company's common stock	`PaymentsForRepurchaseOfCommonStock`	$34.63M	USD	2 Qtrs
Repurchases of the Company's common stock	`PaymentsForRepurchaseOfCommonStock`	$53.66M	USD	2 Qtrs
Dividends paid	`PaymentsOfDividends`	$27.67M	USD	2 Qtrs
Dividends paid	`PaymentsOfDividends`	$30.33M	USD	2 Qtrs
Other cash flows from financing activities	`ProceedsFromPaymentsForOtherFinancingActivities`	$-5.47M	USD	2 Qtrs
Other cash flows from financing activities	`ProceedsFromPaymentsForOtherFinancingActivities`	$-8.68M	USD	2 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-227.80M	USD	2 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-173.77M	USD	2 Qtrs
Net increase (decrease) in cash, restricted cash, and equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$34.79M	USD	2 Qtrs
Net increase (decrease) in cash, restricted cash, and equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-43.48M	USD	2 Qtrs
Cash, restricted cash, and equivalents at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$232.07M	USD	Point-in-time
Cash, restricted cash, and equivalents at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$197.28M	USD	Point-in-time
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`	$202.23M	USD	Point-in-time
Cash, restricted cash, and equivalents at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$232.07M	USD	Point-in-time
Cash, restricted cash, and equivalents at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$197.28M	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`	$202.23M	USD	Point-in-time
Interest	`InterestPaidNet`	$5.72M	USD	2 Qtrs
Interest	`InterestPaidNet`	$10.46M	USD	2 Qtrs
Income taxes	`IncomeTaxesPaidNet`	$3.63M	USD	2 Qtrs
Income taxes	`IncomeTaxesPaidNet`	$133.28M	USD	2 Qtrs
Equipment acquired included in accounts payable	`CapitalExpendituresIncurredButNotYetPaid`	$8.06M	USD	2 Qtrs
Equipment acquired included in accounts payable	`CapitalExpendituresIncurredButNotYetPaid`	$27.46M	USD	2 Qtrs
Contingent consideration associated with acquisition	`BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1`	$18.25M	USD	2 Qtrs
Contingent consideration associated with acquisition	`BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1`	$5.00M	USD	2 Qtrs
Right-of-use assets obtained in exchange for operating lease liabilities	`RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability`	$4.15M	USD	2 Qtrs
Right-of-use assets obtained in exchange for operating lease liabilities	`RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability`	$1.63M	USD	2 Qtrs
Property and equipment obtained in exchange for finance lease liabilities reclassified from operating lease liabilities	`RightOfUseAssetObtainedInExchangeForFinanceLeaseLiability`	-	USD	2 Qtrs
Property and equipment obtained in exchange for finance lease liabilities reclassified from operating lease liabilities	`RightOfUseAssetObtainedInExchangeForFinanceLeaseLiability`	$55.37M	USD	2 Qtrs

Stockholders Equity 61 line items

Line Item	Tag	Value	Unit	Period
Parenthetical - allowance for doubtful accounts	`AllowanceForDoubtfulAccountsReceivableCurrent`	$22.09M	USD	Point-in-time
Parenthetical - allowance for doubtful accounts	`AllowanceForDoubtfulAccountsReceivableCurrent`	$22.16M	USD	Point-in-time
Beginning balance, shares	`CommonStockSharesOutstanding`	165.71M	shares	Point-in-time
Beginning balance, shares	`CommonStockSharesOutstanding`	166.55M	shares	Point-in-time
Beginning balance, value	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$6.10B	USD	Point-in-time
Beginning balance, value	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$5.87B	USD	Point-in-time
Beginning balance, value	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$5.95B	USD	Point-in-time
Beginning balance, value	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$5.77B	USD	Point-in-time
Beginning balance, value	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$5.67B	USD	Point-in-time
Beginning balance, value	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$5.69B	USD	Point-in-time
Common stock issued to employees	`StockIssuedDuringPeriodValueShareBasedCompensation`	$5.60M	USD	1 Quarter
Common stock issued to employees	`StockIssuedDuringPeriodValueShareBasedCompensation`	$1.39M	USD	1 Quarter
Common stock issued to employees	`StockIssuedDuringPeriodValueShareBasedCompensation`	$3.40M	USD	2 Qtrs
Common stock issued to employees	`StockIssuedDuringPeriodValueShareBasedCompensation`	$8.31M	USD	2 Qtrs
Common stock issued to the Board	`StockIssuedDuringPeriodValueNewIssues`	$515.00K	USD	1 Quarter
Common stock issued to the Board	`StockIssuedDuringPeriodValueNewIssues`	$575.00K	USD	1 Quarter
Common stock issued to the Board	`StockIssuedDuringPeriodValueNewIssues`	$515.00K	USD	2 Qtrs
Common stock issued to the Board	`StockIssuedDuringPeriodValueNewIssues`	$575.00K	USD	2 Qtrs
Common stock issued under ESPP	`StockIssuedDuringPeriodValueEmployeeStockPurchasePlan`	$517.00K	USD	1 Quarter
Common stock issued under ESPP	`StockIssuedDuringPeriodValueEmployeeStockPurchasePlan`	$1.33M	USD	2 Qtrs
Common stock issued under ESPP	`StockIssuedDuringPeriodValueEmployeeStockPurchasePlan`	$1.06M	USD	2 Qtrs
Common stock issued under ESPP	`StockIssuedDuringPeriodValueEmployeeStockPurchasePlan`	$631.00K	USD	1 Quarter
Company shares repurchased	`StockRepurchasedAndRetiredDuringPeriodValue`	$34.63M	USD	2 Qtrs
Company shares repurchased	`StockRepurchasedAndRetiredDuringPeriodValue`	$53.66M	USD	2 Qtrs
Shares withheld RSU settlement	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$3.79M	USD	1 Quarter
Shares withheld RSU settlement	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$7.95M	USD	2 Qtrs
Shares withheld RSU settlement	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$2.53M	USD	1 Quarter
Shares withheld RSU settlement	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$4.50M	USD	2 Qtrs
Employee stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$19.19M	USD	2 Qtrs
Employee stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$4.83M	USD	1 Quarter
Employee stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$13.53M	USD	1 Quarter
Employee stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$8.36M	USD	2 Qtrs
Dividends declared per share: (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$0.10	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`	$0.16	USD	2 Qtrs
Dividends declared per share: (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$0.18	USD	2 Qtrs
Cash dividends paid and dividends accrued	`Dividends`	$13.72M	USD	1 Quarter
Cash dividends paid and dividends accrued	`Dividends`	$30.07M	USD	2 Qtrs
Cash dividends paid and dividends accrued	`Dividends`	$16.72M	USD	1 Quarter
Cash dividends paid and dividends accrued	`Dividends`	$27.50M	USD	2 Qtrs
Net income attributable to Knight-Swift	`NetIncomeLoss`	$282.59M	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
Net income attributable to Knight-Swift	`NetIncomeLoss`	$152.80M	USD	1 Quarter
Investment in noncontrolling interest	`NoncontrollingInterestIncreaseFromBusinessCombination`	$10.28M	USD	2 Qtrs
Distribution to noncontrolling interest	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$214.00K	USD	1 Quarter
Distribution to noncontrolling interest	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$33.00K	USD	1 Quarter
Distribution to noncontrolling interest	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$394.00K	USD	2 Qtrs
Distribution to noncontrolling interest	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$65.00K	USD	2 Qtrs
Net income attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$435.00K	USD	2 Qtrs
Net income attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$384.00K	USD	2 Qtrs
Net income attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$78.00K	USD	1 Quarter
Net income attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$331.00K	USD	1 Quarter
Ending balance, shares	`CommonStockSharesOutstanding`	165.71M	shares	Point-in-time
Ending balance, shares	`CommonStockSharesOutstanding`	166.55M	shares	Point-in-time
Ending balance, value	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$6.10B	USD	Point-in-time
Ending balance, value	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$5.87B	USD	Point-in-time
Ending balance, value	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$5.95B	USD	Point-in-time
Ending balance, value	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$5.77B	USD	Point-in-time
Ending balance, value	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$5.67B	USD	Point-in-time
Ending balance, value	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$5.69B	USD	Point-in-time

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