10-Q Filing

KNIGHT-SWIFT TRANSPORTATION HOLDINGS INC. CIK: 1492691 Q3 2021

Filing Information

Form Type	10-Q
Accession Number	`0001492691-21-000083`
Period End Date	20210930
Filing Date	20211103
Fiscal Year	2021
Fiscal Period	Q3
XBRL Instance	knx-20210930_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 112 Income Statement 124 Cash Flow Statement 97 Stockholders Equity 63

Balance Sheet 112 line items

Line Item	Tag	Value	Unit	Period
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	`CashAndCashEquivalentsAtCarryingValue`	$240.24M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$269.69M	USD	Point-in-time
Cash and cash equivalents restricted	`RestrictedCashAndCashEquivalentsAtCarryingValue`	$39.33M	USD	Point-in-time
Cash and cash equivalents restricted	`RestrictedCashAndCashEquivalentsAtCarryingValue`	$41.33M	USD	Point-in-time
Cash and cash equivalents restricted	`RestrictedCashAndCashEquivalentsAtCarryingValue`	$36.69M	USD	Point-in-time
Cash and cash equivalents restricted	`RestrictedCashAndCashEquivalentsAtCarryingValue`	$68.02M	USD	Point-in-time
Restricted investments, held-to-maturity, amortized cost	`HeldToMaturitySecurities`	$7.14M	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 $21,811 and $22,093, respectively	`AccountsReceivableNetCurrent`	$578.48M	USD	Point-in-time
Trade receivables, net of allowance for doubtful accounts of $21,811 and $22,093, respectively	`AccountsReceivableNetCurrent`	$830.40M	USD	Point-in-time
Contract balance revenue in transit	`ContractWithCustomerAssetNet`	$14.56M	USD	Point-in-time
Contract balance revenue in transit	`ContractWithCustomerAssetNet`	$22.95M	USD	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$76.70M	USD	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$71.65M	USD	Point-in-time
Assets held for sale	`AssetsOfDisposalGroupIncludingDiscontinuedOperationCurrent`	$29.76M	USD	Point-in-time
Assets held for sale	`AssetsOfDisposalGroupIncludingDiscontinuedOperationCurrent`	$20.33M	USD	Point-in-time
Income tax receivable	`IncomeTaxesReceivable`	$2.90M	USD	Point-in-time
Income tax receivable	`IncomeTaxesReceivable`	$46.90M	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$62.33M	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$20.99M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$1.40B	USD	Point-in-time
Total current assets	`AssetsCurrent`	$923.36M	USD	Point-in-time
Gross property and equipment	`PropertyPlantAndEquipmentGross`	$4.93B	USD	Point-in-time
Gross property and equipment	`PropertyPlantAndEquipmentGross`	$4.22B	USD	Point-in-time
Less: accumulated depreciation and amortization	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$1.48B	USD	Point-in-time
Less: accumulated depreciation and amortization	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$1.23B	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$3.46B	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$2.99B	USD	Point-in-time
Operating lease right-of-use-assets	`OperatingLeaseRightOfUseAsset`	$113.30M	USD	Point-in-time
Operating lease right-of-use-assets	`OperatingLeaseRightOfUseAsset`	$102.23M	USD	Point-in-time
Goodwill	`Goodwill`	$3.46B	USD	Point-in-time
Goodwill	`Goodwill`	$2.92B	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$1.39B	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$1.79B	USD	Point-in-time
Other long-term assets	`OtherAssetsNoncurrent`	$136.13M	USD	Point-in-time
Other long-term assets	`OtherAssetsNoncurrent`	$126.48M	USD	Point-in-time
Total assets	`Assets`	$10.35B	USD	Point-in-time
Total assets	`Assets`	$8.47B	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$101.00M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$177.63M	USD	Point-in-time
Accrued payroll and purchased transportation	`AccruedPayrollandPurchasedTransportation`	$160.89M	USD	Point-in-time
Accrued payroll and purchased transportation	`AccruedPayrollandPurchasedTransportation`	$227.02M	USD	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrent`	$134.00M	USD	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrent`	$88.89M	USD	Point-in-time
Claims accruals current portion	`AccruedInsuranceCurrent`	$174.93M	USD	Point-in-time
Claims accruals current portion	`AccruedInsuranceCurrent`	$200.16M	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`	$78.27M	USD	Point-in-time
Operating lease liabilities current portion	`OperatingLeaseLiabilityCurrent`	$47.50M	USD	Point-in-time
Operating lease liabilities current portion	`OperatingLeaseLiabilityCurrent`	$35.46M	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`	$852.54M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$839.71M	USD	Point-in-time
Revolving line of credit	`LongTermLineOfCredit`	$300.00M	USD	Point-in-time
Revolving line of credit	`LongTermLineOfCredit`	$210.00M	USD	Point-in-time
Long-term debt less current portion	`UnsecuredLongTermDebt`	$1.24B	USD	Point-in-time
Long-term debt less current portion	`UnsecuredLongTermDebt`	$298.91M	USD	Point-in-time
Finance lease liabilities less current portion	`FinanceLeaseLiabilityNoncurrent`	$138.24M	USD	Point-in-time
Finance lease liabilities less current portion	`FinanceLeaseLiabilityNoncurrent`	$208.56M	USD	Point-in-time
Operating lease liabilities less current portion	`OperatingLeaseLiabilityNoncurrent`	$69.85M	USD	Point-in-time
Operating lease liabilities less current portion	`OperatingLeaseLiabilityNoncurrent`	$69.40M	USD	Point-in-time
Accounts receivable securitization less current portion	`TransfersAccountedForAsSecuredBorrowingsAssociatedLiabilitiesCarryingAmount`	-	USD	Point-in-time
Accounts receivable securitization less current portion	`TransfersAccountedForAsSecuredBorrowingsAssociatedLiabilitiesCarryingAmount`	$278.43M	USD	Point-in-time
Claims accruals less current portion	`AccruedInsuranceNoncurrent`	$200.49M	USD	Point-in-time
Claims accruals less current portion	`AccruedInsuranceNoncurrent`	$174.81M	USD	Point-in-time
Deferred tax liabilities	`DeferredIncomeTaxLiabilitiesNet`	$856.93M	USD	Point-in-time
Deferred tax liabilities	`DeferredIncomeTaxLiabilitiesNet`	$815.94M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$45.17M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$48.50M	USD	Point-in-time
Total liabilities	`Liabilities`	$2.60B	USD	Point-in-time
Total liabilities	`Liabilities`	$4.05B	USD	Point-in-time
Commitments and contingencies (Notes 3, 10, 11, and 12)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies (Notes 3, 10, 11, and 12)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Preferred stock, par value $0.01 per share; 10,000 shares authorized; none issued	`PreferredStockValueOutstanding`	-	USD	Point-in-time
Preferred stock, par value $0.01 per share; 10,000 shares authorized; none issued	`PreferredStockValueOutstanding`	-	USD	Point-in-time
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; 166,003 and 166,553 shares issued and outstanding as of September 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; 166,003 and 166,553 shares issued and outstanding as of September 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`	166.00M	shares	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	166.55M	shares	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	166.00M	shares	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	166.55M	shares	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$4.30B	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$4.34B	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	-	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-878.00K	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$1.57B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$1.95B	USD	Point-in-time
Total Knight-Swift stockholders' equity	`StockholdersEquity`	$6.29B	USD	Point-in-time
Total Knight-Swift stockholders' equity	`StockholdersEquity`	$5.87B	USD	Point-in-time
Noncontrolling interest	`MinorityInterest`	$2.19M	USD	Point-in-time
Noncontrolling interest	`MinorityInterest`	$12.78M	USD	Point-in-time
Total stockholders equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$6.31B	USD	Point-in-time
Total stockholders equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$6.10B	USD	Point-in-time
Total stockholders equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$5.88B	USD	Point-in-time
Total stockholders equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$5.77B	USD	Point-in-time
Total stockholders equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$5.87B	USD	Point-in-time
Total stockholders equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$5.67B	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$10.35B	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$8.47B	USD	Point-in-time

Income Statement 124 line items

Line Item	Tag	Value	Unit	Period
Total revenue	`Revenues`	$3.40B	USD	3 Qtrs
Total revenue	`Revenues`	$4.18B	USD	3 Qtrs
Total revenue	`Revenues`	$1.21B	USD	1 Quarter
Total revenue	`Revenues`	$1.64B	USD	1 Quarter
Salaries, wages, and benefits	`LaborAndRelatedExpense`	$500.67M	USD	1 Quarter
Salaries, wages, and benefits	`LaborAndRelatedExpense`	$1.25B	USD	3 Qtrs
Salaries, wages, and benefits	`LaborAndRelatedExpense`	$376.92M	USD	1 Quarter
Salaries, wages, and benefits	`LaborAndRelatedExpense`	$1.10B	USD	3 Qtrs
Fuel	`FuelCosts`	$104.70M	USD	1 Quarter
Fuel	`FuelCosts`	$390.71M	USD	3 Qtrs
Fuel	`FuelCosts`	$312.94M	USD	3 Qtrs
Fuel	`FuelCosts`	$146.42M	USD	1 Quarter
Operations and maintenance	`DirectOperatingMaintenanceSuppliesCosts`	$86.95M	USD	1 Quarter
Operations and maintenance	`DirectOperatingMaintenanceSuppliesCosts`	$204.44M	USD	3 Qtrs
Operations and maintenance	`DirectOperatingMaintenanceSuppliesCosts`	$69.96M	USD	1 Quarter
Operations and maintenance	`DirectOperatingMaintenanceSuppliesCosts`	$226.33M	USD	3 Qtrs
Insurance and claims	`OperatingInsuranceAndClaimsCostsProduction`	$144.77M	USD	3 Qtrs
Insurance and claims	`OperatingInsuranceAndClaimsCostsProduction`	$188.18M	USD	3 Qtrs
Insurance and claims	`OperatingInsuranceAndClaimsCostsProduction`	$45.19M	USD	1 Quarter
Insurance and claims	`OperatingInsuranceAndClaimsCostsProduction`	$73.76M	USD	1 Quarter
Operating taxes and licenses	`DirectTaxesAndLicensesCosts`	$21.48M	USD	1 Quarter
Operating taxes and licenses	`DirectTaxesAndLicensesCosts`	$71.24M	USD	3 Qtrs
Operating taxes and licenses	`DirectTaxesAndLicensesCosts`	$64.53M	USD	3 Qtrs
Operating taxes and licenses	`DirectTaxesAndLicensesCosts`	$27.48M	USD	1 Quarter
Communications	`CommunicationsInformationTechnologyAndOccupancy`	$5.07M	USD	1 Quarter
Communications	`CommunicationsInformationTechnologyAndOccupancy`	$16.28M	USD	3 Qtrs
Communications	`CommunicationsInformationTechnologyAndOccupancy`	$6.61M	USD	1 Quarter
Communications	`CommunicationsInformationTechnologyAndOccupancy`	$14.85M	USD	3 Qtrs
Depreciation and amortization of property and equipment	`Depreciation`	$138.57M	USD	1 Quarter
Depreciation and amortization of property and equipment	`Depreciation`	$382.09M	USD	3 Qtrs
Depreciation and amortization of property and equipment	`Depreciation`	$340.49M	USD	3 Qtrs
Depreciation and amortization of property and equipment	`Depreciation`	$115.66M	USD	1 Quarter
Amortization of intangibles	`AmortizationOfIntangibleAssets`	$15.72M	USD	1 Quarter
Amortization of intangibles	`AmortizationOfIntangibleAssets`	$34.42M	USD	3 Qtrs
Amortization of intangibles	`AmortizationOfIntangibleAssets`	$11.47M	USD	1 Quarter
Amortization of intangibles	`AmortizationOfIntangibleAssets`	$39.45M	USD	3 Qtrs
Rental expense	`OperatingLeaseExpense`	$42.27M	USD	3 Qtrs
Rental expense	`OperatingLeaseExpense`	$67.45M	USD	3 Qtrs
Rental expense	`OperatingLeaseExpense`	$12.00M	USD	1 Quarter
Rental expense	`OperatingLeaseExpense`	$19.70M	USD	1 Quarter
Purchased transportation	`PurchasedTransportation`	$352.06M	USD	1 Quarter
Purchased transportation	`PurchasedTransportation`	$245.10M	USD	1 Quarter
Purchased transportation	`PurchasedTransportation`	$670.49M	USD	3 Qtrs
Purchased transportation	`PurchasedTransportation`	$914.45M	USD	3 Qtrs
Impairments	`AssetImpairmentCharges`	-	USD	1 Quarter
Impairments	`AssetImpairmentCharges`	-	USD	1 Quarter
Impairments	`AssetImpairmentCharges`	-	USD	3 Qtrs
Impairments	`AssetImpairmentCharges`	$1.25M	USD	3 Qtrs
Miscellaneous operating expenses	`OtherCostAndExpenseOperating`	$29.69M	USD	1 Quarter
Miscellaneous operating expenses	`OtherCostAndExpenseOperating`	$73.48M	USD	3 Qtrs
Miscellaneous operating expenses	`OtherCostAndExpenseOperating`	$38.04M	USD	3 Qtrs
Miscellaneous operating expenses	`OtherCostAndExpenseOperating`	$12.12M	USD	1 Quarter
Total operating expenses	`CostsAndExpenses`	$3.03B	USD	3 Qtrs
Total operating expenses	`CostsAndExpenses`	$1.37B	USD	1 Quarter
Total operating expenses	`CostsAndExpenses`	$1.04B	USD	1 Quarter
Total operating expenses	`CostsAndExpenses`	$3.56B	USD	3 Qtrs
Operating income	`OperatingIncomeLoss`	$623.46M	USD	3 Qtrs
Operating income	`OperatingIncomeLoss`	$165.46M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$369.75M	USD	3 Qtrs
Operating income	`OperatingIncomeLoss`	$270.09M	USD	1 Quarter
Interest income	`InvestmentIncomeInterest`	$1.59M	USD	3 Qtrs
Interest income	`InvestmentIncomeInterest`	$809.00K	USD	3 Qtrs
Interest income	`InvestmentIncomeInterest`	$245.00K	USD	1 Quarter
Interest income	`InvestmentIncomeInterest`	$326.00K	USD	1 Quarter
Interest expense	`InterestExpense`	$13.36M	USD	3 Qtrs
Interest expense	`InterestExpense`	$3.23M	USD	1 Quarter
Interest expense	`InterestExpense`	$7.18M	USD	1 Quarter
Interest expense	`InterestExpense`	$13.97M	USD	3 Qtrs
Other income, net	`OtherNonoperatingIncomeExpense`	$7.48M	USD	1 Quarter
Other income, net	`OtherNonoperatingIncomeExpense`	$9.48M	USD	3 Qtrs
Other income, net	`OtherNonoperatingIncomeExpense`	$37.02M	USD	3 Qtrs
Other income, net	`OtherNonoperatingIncomeExpense`	$4.07M	USD	1 Quarter
Total other (expenses) income, net	`NonoperatingIncomeExpense`	$23.85M	USD	3 Qtrs
Total other (expenses) income, net	`NonoperatingIncomeExpense`	$-2.29M	USD	3 Qtrs
Total other (expenses) income, net	`NonoperatingIncomeExpense`	$4.58M	USD	1 Quarter
Total other (expenses) income, net	`NonoperatingIncomeExpense`	$-2.86M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$367.46M	USD	3 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$170.04M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$267.23M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$647.32M	USD	3 Qtrs
Income tax expense	`IncomeTaxExpenseBenefit`	$158.17M	USD	3 Qtrs
Income tax expense	`IncomeTaxExpenseBenefit`	$99.20M	USD	3 Qtrs
Income tax expense	`IncomeTaxExpenseBenefit`	$47.84M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$61.06M	USD	1 Quarter
Net income	`ProfitLoss`	$122.20M	USD	1 Quarter
Net income	`ProfitLoss`	$489.14M	USD	3 Qtrs
Net income	`ProfitLoss`	$206.17M	USD	1 Quarter
Net income	`ProfitLoss`	$268.25M	USD	3 Qtrs
Net income attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$146.00K	USD	1 Quarter
Net income attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$581.00K	USD	3 Qtrs
Net income attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$372.00K	USD	3 Qtrs
Net income attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$-12.00K	USD	1 Quarter
Net income attributable to Knight-Swift	`NetIncomeLoss`	$122.06M	USD	1 Quarter
Net income attributable to Knight-Swift	`NetIncomeLoss`	$206.18M	USD	1 Quarter
Net income attributable to Knight-Swift	`NetIncomeLoss`	$488.77M	USD	3 Qtrs
Net income attributable to Knight-Swift	`NetIncomeLoss`	$267.67M	USD	3 Qtrs
Other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-878.00K	USD	3 Qtrs
Other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	-	USD	1 Quarter
Other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	-	USD	3 Qtrs
Other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-878.00K	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$205.30M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$267.67M	USD	3 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$487.89M	USD	3 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$122.06M	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.72	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$2.95	USD	3 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	$1.57	USD	3 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	$1.24	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$2.93	USD	3 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$1.23	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$1.57	USD	3 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.71	USD	1 Quarter
Dividends declared per share: (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$0.28	USD	3 Qtrs
Dividends declared per share: (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$0.24	USD	3 Qtrs
Dividends declared per share: (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$0.08	USD	1 Quarter
Dividends declared per share: (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$0.10	USD	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	170.21M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	165.97M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	165.82M	shares	3 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	170.26M	shares	3 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	171.03M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	167.11M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	166.94M	shares	3 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	171.03M	shares	3 Qtrs

Cash Flow Statement 97 line items

Line Item	Tag	Value	Unit	Period
Net income	`ProfitLoss`	$122.20M	USD	1 Quarter
Net income	`ProfitLoss`	$489.14M	USD	3 Qtrs
Net income	`ProfitLoss`	$206.17M	USD	1 Quarter
Net income	`ProfitLoss`	$268.25M	USD	3 Qtrs
Depreciation and amortization of property, equipment, and intangibles	`DepreciationDepletionAndAmortization`	$421.54M	USD	3 Qtrs
Depreciation and amortization of property, equipment, and intangibles	`DepreciationDepletionAndAmortization`	$374.91M	USD	3 Qtrs
Gain on sale of property and equipment	`GainLossOnSaleOfPropertyPlantEquipment`	$6.47M	USD	3 Qtrs
Gain on sale of property and equipment	`GainLossOnSaleOfPropertyPlantEquipment`	$47.70M	USD	3 Qtrs
Impairments	`AssetImpairmentCharges`	-	USD	1 Quarter
Impairments	`AssetImpairmentCharges`	-	USD	1 Quarter
Impairments	`AssetImpairmentCharges`	-	USD	3 Qtrs
Impairments	`AssetImpairmentCharges`	$1.25M	USD	3 Qtrs
Deferred income taxes	`IncreaseDecreaseInDeferredIncomeTaxes`	$-40.99M	USD	3 Qtrs
Deferred income taxes	`IncreaseDecreaseInDeferredIncomeTaxes`	$-32.56M	USD	3 Qtrs
Non-cash lease expense	`OperatingLeaseRightOfUseAssetAmortizationExpense`	$64.30M	USD	3 Qtrs
Non-cash lease expense	`OperatingLeaseRightOfUseAssetAmortizationExpense`	$35.94M	USD	3 Qtrs
Non-cash adjustment to fair value of convertible note	`IncreaseDecreaseInDebtSecuritiesTrading`	$12.63M	USD	3 Qtrs
Non-cash adjustment to fair value of convertible note	`IncreaseDecreaseInDebtSecuritiesTrading`	-	USD	3 Qtrs
Other adjustments to reconcile net income to net cash provided by operating activities	`OtherNoncashIncomeExpense`	$-17.37M	USD	3 Qtrs
Other adjustments to reconcile net income to net cash provided by operating activities	`OtherNoncashIncomeExpense`	$-24.51M	USD	3 Qtrs
Trade receivables	`IncreaseDecreaseInAccountsAndOtherReceivables`	$152.48M	USD	3 Qtrs
Trade receivables	`IncreaseDecreaseInAccountsAndOtherReceivables`	$58.25M	USD	3 Qtrs
Income tax receivable	`IncreaseDecreaseInIncomeTaxesReceivable`	$-8.67M	USD	3 Qtrs
Income tax receivable	`IncreaseDecreaseInIncomeTaxesReceivable`	$43.46M	USD	3 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$1.95M	USD	3 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$34.26M	USD	3 Qtrs
Accrued liabilities and claims accrual	`IncreaseDecreaseinAccruedLiabilitiesandOtherLiabilities`	$57.16M	USD	3 Qtrs
Accrued liabilities and claims accrual	`IncreaseDecreaseinAccruedLiabilitiesandOtherLiabilities`	$-12.93M	USD	3 Qtrs
Operating lease liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$-66.33M	USD	3 Qtrs
Operating lease liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$-37.36M	USD	3 Qtrs
Other assets and liabilities	`OtherOperatingActivitiesCashFlowStatement`	$14.76M	USD	3 Qtrs
Other assets and liabilities	`OtherOperatingActivitiesCashFlowStatement`	$22.58M	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$655.02M	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$817.52M	USD	3 Qtrs
Proceeds from maturities of held-to-maturity investments	`ProceedsFromSaleAndMaturityOfHeldToMaturitySecurities`	$9.40M	USD	3 Qtrs
Proceeds from maturities of held-to-maturity investments	`ProceedsFromSaleAndMaturityOfHeldToMaturitySecurities`	$8.38M	USD	3 Qtrs
Purchases of held-to-maturity investments	`PaymentsToAcquireRestrictedInvestments`	$12.64M	USD	3 Qtrs
Purchases of held-to-maturity investments	`PaymentsToAcquireRestrictedInvestments`	$6.68M	USD	3 Qtrs
Proceeds from sale of property and equipment, including assets held for sale	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$192.45M	USD	3 Qtrs
Proceeds from sale of property and equipment, including assets held for sale	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$102.55M	USD	3 Qtrs
Purchases of property and equipment	`PaymentsToAcquireMachineryAndEquipment`	$388.52M	USD	3 Qtrs
Purchases of property and equipment	`PaymentsToAcquireMachineryAndEquipment`	$378.69M	USD	3 Qtrs
Expenditures on assets held for sale	`PaymentsToAcquireOtherProductiveAssets`	$483.00K	USD	3 Qtrs
Expenditures on assets held for sale	`PaymentsToAcquireOtherProductiveAssets`	$1.37M	USD	3 Qtrs
Net cash, restricted cash, and equivalents invested in acquisitions	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$46.81M	USD	3 Qtrs
Net cash, restricted cash, and equivalents invested in acquisitions	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$1.34B	USD	3 Qtrs
Payments to Acquire Debt Securities, Available-for-sale	`PaymentsToAcquireAvailableForSaleSecuritiesDebt`	-	USD	3 Qtrs
Payments to Acquire Debt Securities, Available-for-sale	`PaymentsToAcquireAvailableForSaleSecuritiesDebt`	$25.00M	USD	3 Qtrs
Other cash flows from investing activities	`PaymentsForProceedsFromOtherInvestingActivities`	$-14.02M	USD	3 Qtrs
Other cash flows from investing activities	`PaymentsForProceedsFromOtherInvestingActivities`	$8.92M	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-335.60M	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-1.55B	USD	3 Qtrs
Repayment of finance leases and long-term debt	`RepaymentsOfDebtAndCapitalLeaseObligations`	$61.32M	USD	3 Qtrs
Repayment of finance leases and long-term debt	`RepaymentsOfDebtAndCapitalLeaseObligations`	$374.54M	USD	3 Qtrs
Proceeds from long-term debt	`ProceedsFromIssuanceOfLongTermDebt`	$1.20B	USD	3 Qtrs
Proceeds from long-term debt	`ProceedsFromIssuanceOfLongTermDebt`	-	USD	3 Qtrs
Borrowings (repayments) on revolving lines of credit, net	`ProceedsFromRepaymentsOfLinesOfCredit`	$90.00M	USD	3 Qtrs
Borrowings (repayments) on revolving lines of credit, net	`ProceedsFromRepaymentsOfLinesOfCredit`	$-109.00M	USD	3 Qtrs
Borrowings under accounts receivable securitization	`ProceedsFromAccountsReceivableSecuritization`	$80.00M	USD	3 Qtrs
Borrowings under accounts receivable securitization	`ProceedsFromAccountsReceivableSecuritization`	$49.00M	USD	3 Qtrs
Repayment of accounts receivable securitization	`RepaymentsOfAccountsReceivableSecuritization`	$15.00M	USD	3 Qtrs
Repayment of accounts receivable securitization	`RepaymentsOfAccountsReceivableSecuritization`	$52.00M	USD	3 Qtrs
Proceeds from common stock issued	`ProceedsFromStockPlans`	$11.63M	USD	3 Qtrs
Proceeds from common stock issued	`ProceedsFromStockPlans`	$7.62M	USD	3 Qtrs
Repurchases of the Company's common stock	`PaymentsForRepurchaseOfCommonStock`	$34.63M	USD	3 Qtrs
Repurchases of the Company's common stock	`PaymentsForRepurchaseOfCommonStock`	$53.66M	USD	3 Qtrs
Dividends paid	`PaymentsOfDividends`	$46.94M	USD	3 Qtrs
Dividends paid	`PaymentsOfDividends`	$41.30M	USD	3 Qtrs
Other cash flows from financing activities	`ProceedsFromPaymentsForOtherFinancingActivities`	$-14.18M	USD	3 Qtrs
Other cash flows from financing activities	`ProceedsFromPaymentsForOtherFinancingActivities`	$-5.52M	USD	3 Qtrs
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$873.31M	USD	3 Qtrs
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-243.14M	USD	3 Qtrs
Net increase in cash, restricted cash, and equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$142.08M	USD	3 Qtrs
Net increase in cash, restricted cash, and equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$76.28M	USD	3 Qtrs
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`	$202.23M	USD	Point-in-time
Cash, restricted cash, and equivalents at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$278.51M	USD	Point-in-time
Cash, restricted cash, and equivalents at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$339.35M	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`	$202.23M	USD	Point-in-time
Cash, restricted cash, and equivalents at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$278.51M	USD	Point-in-time
Cash, restricted cash, and equivalents at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$339.35M	USD	Point-in-time
Interest	`InterestPaidNet`	$12.92M	USD	3 Qtrs
Interest	`InterestPaidNet`	$11.68M	USD	3 Qtrs
Income taxes	`IncomeTaxesPaidNet`	$160.28M	USD	3 Qtrs
Income taxes	`IncomeTaxesPaidNet`	$35.23M	USD	3 Qtrs
Equipment acquired included in accounts payable	`CapitalExpendituresIncurredButNotYetPaid`	$45.43M	USD	3 Qtrs
Equipment acquired included in accounts payable	`CapitalExpendituresIncurredButNotYetPaid`	$9.28M	USD	3 Qtrs
Contingent consideration associated with acquisition	`BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1`	$5.00M	USD	3 Qtrs
Contingent consideration associated with acquisition	`BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1`	$18.25M	USD	3 Qtrs
Value of common stock issued for acquisition	`StockIssuedDuringPeriodValueAcquisitions`	-	USD	3 Qtrs
Value of common stock issued for acquisition	`StockIssuedDuringPeriodValueAcquisitions`	$10.00M	USD	3 Qtrs
Value of common stock issued for acquisition	`StockIssuedDuringPeriodValueAcquisitions`	$10.00M	USD	1 Quarter
Right-of-use assets obtained in exchange for operating lease liabilities	`RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability`	$20.26M	USD	3 Qtrs
Right-of-use assets obtained in exchange for operating lease liabilities	`RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability`	$1.87M	USD	3 Qtrs
Property and equipment obtained in exchange for finance lease liabilities reclassified from operating lease liabilities	`RightOfUseAssetObtainedInExchangeForFinanceLeaseLiability`	$68.59M	USD	3 Qtrs
Property and equipment obtained in exchange for finance lease liabilities reclassified from operating lease liabilities	`RightOfUseAssetObtainedInExchangeForFinanceLeaseLiability`	$114.80M	USD	3 Qtrs

Stockholders Equity 63 line items

Line Item	Tag	Value	Unit	Period
Parenthetical - allowance for doubtful accounts	`AllowanceForDoubtfulAccountsReceivableCurrent`	$21.81M	USD	Point-in-time
Parenthetical - allowance for doubtful accounts	`AllowanceForDoubtfulAccountsReceivableCurrent`	$22.09M	USD	Point-in-time
Beginning balance, shares	`CommonStockSharesOutstanding`	166.00M	shares	Point-in-time
Beginning balance, shares	`CommonStockSharesOutstanding`	166.55M	shares	Point-in-time
Beginning balance, value	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$6.31B	USD	Point-in-time
Beginning balance, value	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$6.10B	USD	Point-in-time
Beginning balance, value	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$5.88B	USD	Point-in-time
Beginning balance, value	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$5.77B	USD	Point-in-time
Beginning balance, value	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$5.87B	USD	Point-in-time
Beginning balance, value	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$5.67B	USD	Point-in-time
Common stock issued to employees	`StockIssuedDuringPeriodValueShareBasedCompensation`	$9.48M	USD	3 Qtrs
Common stock issued to employees	`StockIssuedDuringPeriodValueShareBasedCompensation`	$1.17M	USD	1 Quarter
Common stock issued to employees	`StockIssuedDuringPeriodValueShareBasedCompensation`	$5.03M	USD	3 Qtrs
Common stock issued to employees	`StockIssuedDuringPeriodValueShareBasedCompensation`	$1.63M	USD	1 Quarter
Common stock issued to the Board	`StockIssuedDuringPeriodValueNewIssues`	$515.00K	USD	3 Qtrs
Common stock issued to the Board	`StockIssuedDuringPeriodValueNewIssues`	$575.00K	USD	3 Qtrs
Value of common stock issued for acquisition	`StockIssuedDuringPeriodValueAcquisitions`	-	USD	3 Qtrs
Value of common stock issued for acquisition	`StockIssuedDuringPeriodValueAcquisitions`	$10.00M	USD	3 Qtrs
Value of common stock issued for acquisition	`StockIssuedDuringPeriodValueAcquisitions`	$10.00M	USD	1 Quarter
Common stock issued under ESPP	`StockIssuedDuringPeriodValueEmployeeStockPurchasePlan`	$1.64M	USD	3 Qtrs
Common stock issued under ESPP	`StockIssuedDuringPeriodValueEmployeeStockPurchasePlan`	$2.02M	USD	3 Qtrs
Common stock issued under ESPP	`StockIssuedDuringPeriodValueEmployeeStockPurchasePlan`	$692.00K	USD	1 Quarter
Common stock issued under ESPP	`StockIssuedDuringPeriodValueEmployeeStockPurchasePlan`	$574.00K	USD	1 Quarter
Company shares repurchased	`StockRepurchasedAndRetiredDuringPeriodValue`	$34.63M	USD	3 Qtrs
Company shares repurchased	`StockRepurchasedAndRetiredDuringPeriodValue`	$53.66M	USD	3 Qtrs
Shares withheld RSU settlement	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$132.00K	USD	1 Quarter
Shares withheld RSU settlement	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$4.51M	USD	3 Qtrs
Shares withheld RSU settlement	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$8.08M	USD	3 Qtrs
Shares withheld RSU settlement	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$8.00K	USD	1 Quarter
Employee stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$5.47M	USD	1 Quarter
Employee stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$6.66M	USD	1 Quarter
Employee stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$13.84M	USD	3 Qtrs
Employee stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$25.85M	USD	3 Qtrs
Dividends declared per share: (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$0.28	USD	3 Qtrs
Dividends declared per share: (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$0.24	USD	3 Qtrs
Dividends declared per share: (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$0.08	USD	1 Quarter
Dividends declared per share: (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$0.10	USD	1 Quarter
Cash dividends paid and dividends accrued	`Dividends`	$46.82M	USD	3 Qtrs
Cash dividends paid and dividends accrued	`Dividends`	$13.70M	USD	1 Quarter
Cash dividends paid and dividends accrued	`Dividends`	$16.75M	USD	1 Quarter
Cash dividends paid and dividends accrued	`Dividends`	$41.20M	USD	3 Qtrs
Net income attributable to Knight-Swift	`NetIncomeLoss`	$122.06M	USD	1 Quarter
Net income attributable to Knight-Swift	`NetIncomeLoss`	$206.18M	USD	1 Quarter
Net income attributable to Knight-Swift	`NetIncomeLoss`	$488.77M	USD	3 Qtrs
Net income attributable to Knight-Swift	`NetIncomeLoss`	$267.67M	USD	3 Qtrs
Other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTax`	$-878.00K	USD	1 Quarter
Other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTax`	$-878.00K	USD	3 Qtrs
Investment in noncontrolling interest	`NoncontrollingInterestIncreaseFromBusinessCombination`	$10.28M	USD	3 Qtrs
Distribution to noncontrolling interest	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$441.00K	USD	3 Qtrs
Distribution to noncontrolling interest	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$65.00K	USD	3 Qtrs
Distribution to noncontrolling interest	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$47.00K	USD	1 Quarter
Net income attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$146.00K	USD	1 Quarter
Net income attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$581.00K	USD	3 Qtrs
Net income attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$372.00K	USD	3 Qtrs
Net income attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$-12.00K	USD	1 Quarter
Ending balance, shares	`CommonStockSharesOutstanding`	166.00M	shares	Point-in-time
Ending balance, shares	`CommonStockSharesOutstanding`	166.55M	shares	Point-in-time
Ending balance, value	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$6.31B	USD	Point-in-time
Ending balance, value	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$6.10B	USD	Point-in-time
Ending balance, value	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$5.88B	USD	Point-in-time
Ending balance, value	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$5.77B	USD	Point-in-time
Ending balance, value	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$5.87B	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.