10-K Filing

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

Filing Information

Form Type	10-K
Accession Number	`0001492691-22-000012`
Period End Date	20211231
Filing Date	20220224
Fiscal Year	2021
Fiscal Period	FY
XBRL Instance	knx-20211231_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 112 Income Statement 93 Cash Flow Statement 137 Stockholders Equity 47

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`	$261.00M	USD	Point-in-time
Cash and cash equivalents restricted	`RestrictedCashAndCashEquivalentsAtCarryingValue`	$87.24M	USD	Point-in-time
Cash and cash equivalents restricted	`RestrictedCashAndCashEquivalentsAtCarryingValue`	$41.33M	USD	Point-in-time
Cash and cash equivalents restricted	`RestrictedCashAndCashEquivalentsAtCarryingValue`	$39.33M	USD	Point-in-time
Restricted investments, held-to-maturity, amortized cost	`HeldToMaturitySecurities`	$9.00M	USD	Point-in-time
Restricted investments, held-to-maturity, amortized cost	`HeldToMaturitySecurities`	$5.87M	USD	Point-in-time
Trade receivables, net of allowance for doubtful accounts of $21,663 and $22,093, respectively	`AccountsReceivableNetCurrent`	$578.48M	USD	Point-in-time
Trade receivables, net of allowance for doubtful accounts of $21,663 and $22,093, respectively	`AccountsReceivableNetCurrent`	$911.34M	USD	Point-in-time
Allowance for doubtful accounts	`AllowanceForDoubtfulAccountsReceivableCurrent`	$21.66M	USD	Point-in-time
Allowance for doubtful accounts	`AllowanceForDoubtfulAccountsReceivableCurrent`	$22.09M	USD	Point-in-time
Contract balance revenue in transit	`ContractWithCustomerAssetNet`	$22.94M	USD	Point-in-time
Contract balance revenue in transit	`ContractWithCustomerAssetNet`	$14.56M	USD	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$90.51M	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`	$8.17M	USD	Point-in-time
Income tax receivable	`IncomeTaxesReceivable`	$909.00K	USD	Point-in-time
Income tax receivable	`IncomeTaxesReceivable`	$2.90M	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$20.99M	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$26.32M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$923.36M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$1.41B	USD	Point-in-time
Revenue equipment	`MachineryAndEquipmentGross`	$3.99B	USD	Point-in-time
Revenue equipment	`MachineryAndEquipmentGross`	$3.42B	USD	Point-in-time
Land and land improvements	`Land`	$326.73M	USD	Point-in-time
Land and land improvements	`Land`	$236.52M	USD	Point-in-time
Buildings and building improvements	`BuildingsAndImprovementsGross`	$639.99M	USD	Point-in-time
Buildings and building improvements	`BuildingsAndImprovementsGross`	$458.46M	USD	Point-in-time
Furniture and fixtures	`FurnitureAndFixturesGross`	$97.10M	USD	Point-in-time
Furniture and fixtures	`FurnitureAndFixturesGross`	$69.25M	USD	Point-in-time
Shop and service equipment	`ShopandServiceEquipment`	$46.64M	USD	Point-in-time
Shop and service equipment	`ShopandServiceEquipment`	$29.03M	USD	Point-in-time
Leasehold improvements	`LeaseholdImprovementsGross`	$12.89M	USD	Point-in-time
Leasehold improvements	`LeaseholdImprovementsGross`	$13.91M	USD	Point-in-time
Total property and equipment	`PropertyPlantAndEquipmentGross`	$5.12B	USD	Point-in-time
Total property and equipment	`PropertyPlantAndEquipmentGross`	$4.22B	USD	Point-in-time
Less: accumulated depreciation and amortization	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$1.23B	USD	Point-in-time
Less: accumulated depreciation and amortization	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$1.56B	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$3.56B	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$2.99B	USD	Point-in-time
Operating lease right-of-use-assets	`OperatingLeaseRightOfUseAsset`	$147.54M	USD	Point-in-time
Operating lease right-of-use-assets	`OperatingLeaseRightOfUseAsset`	$113.30M	USD	Point-in-time
Goodwill	`Goodwill`	$3.52B	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`	$1.83B	USD	Point-in-time
Other long-term assets	`OtherAssetsNoncurrent`	$126.48M	USD	Point-in-time
Other long-term assets	`OtherAssetsNoncurrent`	$192.13M	USD	Point-in-time
Total assets	`Assets`	$8.47B	USD	Point-in-time
Total assets	`Assets`	$10.66B	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$101.00M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$224.84M	USD	Point-in-time
Accrued payroll and purchased transportation	`AccruedPayrollandPurchasedTransportation`	$217.08M	USD	Point-in-time
Accrued payroll and purchased transportation	`AccruedPayrollandPurchasedTransportation`	$160.89M	USD	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrent`	$128.54M	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`	$206.61M	USD	Point-in-time
Finance lease liabilities and long-term debt current portion	`LongTermDebtAndCapitalLeaseObligationsCurrent`	$262.42M	USD	Point-in-time
Finance lease liabilities and long-term debt current portion	`LongTermDebtAndCapitalLeaseObligationsCurrent`	$52.58M	USD	Point-in-time
Operating lease liabilities current portion	`OperatingLeaseLiabilityCurrent`	$35.32M	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`	$839.71M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$1.07B	USD	Point-in-time
Revolving line of credit	`LongTermLineOfCredit`	$210.00M	USD	Point-in-time
Revolving line of credit	`LongTermLineOfCredit`	$260.00M	USD	Point-in-time
Long-term debt less current portion	`UnsecuredLongTermDebt`	$298.91M	USD	Point-in-time
Long-term debt less current portion	`UnsecuredLongTermDebt`	$1.04B	USD	Point-in-time
Finance lease liabilities less current portion	`FinanceLeaseLiabilityNoncurrent`	$138.24M	USD	Point-in-time
Finance lease liabilities less current portion	`FinanceLeaseLiabilityNoncurrent`	$256.17M	USD	Point-in-time
Operating lease liabilities less current portion	`OperatingLeaseLiabilityNoncurrent`	$107.61M	USD	Point-in-time
Operating lease liabilities less current portion	`OperatingLeaseLiabilityNoncurrent`	$69.85M	USD	Point-in-time
Accounts receivable securitization less current portion	`TransfersAccountedForAsSecuredBorrowingsAssociatedLiabilitiesCarryingAmount`	$278.48M	USD	Point-in-time
Accounts receivable securitization less current portion	`TransfersAccountedForAsSecuredBorrowingsAssociatedLiabilitiesCarryingAmount`	-	USD	Point-in-time
Claims accruals less current portion	`AccruedInsuranceNoncurrent`	$174.81M	USD	Point-in-time
Claims accruals less current portion	`AccruedInsuranceNoncurrent`	$210.71M	USD	Point-in-time
Deferred tax liabilities	`DeferredIncomeTaxLiabilitiesNet`	$874.88M	USD	Point-in-time
Deferred tax liabilities	`DeferredIncomeTaxLiabilitiesNet`	$815.94M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$48.50M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$11.83M	USD	Point-in-time
Total liabilities	`Liabilities`	$4.11B	USD	Point-in-time
Total liabilities	`Liabilities`	$2.60B	USD	Point-in-time
Commitments and Contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and Contingencies	`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
Preferred stock, par value	`PreferredStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Preferred stock, par value	`PreferredStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	10.00M	shares	Point-in-time
Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	10.00M	shares	Point-in-time
Common stock, par value $0.01 per share; 500,000 shares authorized; 165,980 and 166,553 shares issued and outstanding as of December 31, 2021 and 2020, respectively.	`CommonStockValueOutstanding`	$1.67M	USD	Point-in-time
Common stock, par value $0.01 per share; 500,000 shares authorized; 165,980 and 166,553 shares issued and outstanding as of December 31, 2021 and 2020, respectively.	`CommonStockValueOutstanding`	$1.66M	USD	Point-in-time
Accumulated Other Comprehensive Income (Loss), Net of Tax	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-563.00K	USD	Point-in-time
Accumulated Other Comprehensive Income (Loss), Net of Tax	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	-	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$4.35B	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$4.30B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$2.18B	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`	$6.53B	USD	Point-in-time
Noncontrolling interest	`MinorityInterest`	$2.19M	USD	Point-in-time
Noncontrolling interest	`MinorityInterest`	$10.30M	USD	Point-in-time
Total stockholders equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$5.67B	USD	Point-in-time
Total stockholders equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$5.87B	USD	Point-in-time
Total stockholders equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$6.54B	USD	Point-in-time
Total stockholders equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$5.46B	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$10.66B	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$8.47B	USD	Point-in-time

Income Statement 93 line items

Line Item	Tag	Value	Unit	Period
Total revenue	`Revenues`	$4.84B	USD	Annual
Total revenue	`Revenues`	$4.67B	USD	Annual
Total revenue	`Revenues`	$6.00B	USD	Annual
Salaries, wages, and benefits	`LaborAndRelatedExpense`	$1.47B	USD	Annual
Salaries, wages, and benefits	`LaborAndRelatedExpense`	$1.48B	USD	Annual
Salaries, wages, and benefits	`LaborAndRelatedExpense`	$1.77B	USD	Annual
Fuel	`FuelCosts`	$546.26M	USD	Annual
Fuel	`FuelCosts`	$583.12M	USD	Annual
Fuel	`FuelCosts`	$416.31M	USD	Annual
Operations and maintenance	`OperatingSuppliesAndExpenses`	$275.29M	USD	Annual
Operations and maintenance	`OperatingSuppliesAndExpenses`	$322.19M	USD	Annual
Operations and maintenance	`OperatingSuppliesAndExpenses`	$313.50M	USD	Annual
Insurance and claims	`OperatingInsuranceAndClaimsCostsProduction`	$275.38M	USD	Annual
Insurance and claims	`OperatingInsuranceAndClaimsCostsProduction`	$194.34M	USD	Annual
Insurance and claims	`OperatingInsuranceAndClaimsCostsProduction`	$192.84M	USD	Annual
Operating taxes and licenses	`DirectTaxesAndLicensesCosts`	$98.78M	USD	Annual
Operating taxes and licenses	`DirectTaxesAndLicensesCosts`	$88.48M	USD	Annual
Operating taxes and licenses	`DirectTaxesAndLicensesCosts`	$87.42M	USD	Annual
Communications	`CommunicationsInformationTechnologyAndOccupancy`	$19.60M	USD	Annual
Communications	`CommunicationsInformationTechnologyAndOccupancy`	$22.49M	USD	Annual
Communications	`CommunicationsInformationTechnologyAndOccupancy`	$19.52M	USD	Annual
Depreciation and amortization of property and equipment	`DepreciationAndAmortization`	$420.08M	USD	Annual
Depreciation and amortization of property and equipment	`DepreciationAndAmortization`	$460.77M	USD	Annual
Depreciation and amortization of property and equipment	`DepreciationAndAmortization`	$522.60M	USD	Annual
Amortization of intangibles	`AmortizationOfIntangibleAssets`	$45.90M	USD	Annual
Amortization of intangibles	`AmortizationOfIntangibleAssets`	$55.30M	USD	Annual
Amortization of intangibles	`AmortizationOfIntangibleAssets`	$42.88M	USD	Annual
Rental expense	`OperatingLeaseExpense`	$122.74M	USD	Annual
Rental expense	`OperatingLeaseExpense`	$86.64M	USD	Annual
Rental expense	`OperatingLeaseExpense`	$55.16M	USD	Annual
Purchased transportation	`PurchasedTransportation`	$1.32B	USD	Annual
Purchased transportation	`PurchasedTransportation`	$1.04B	USD	Annual
Purchased transportation	`PurchasedTransportation`	$936.65M	USD	Annual
Impairments	`ImpairmentOfLongLivedAssetsToBeDisposedOf`	$3.49M	USD	Annual
Impairments	`ImpairmentOfLongLivedAssetsToBeDisposedOf`	$299.00K	USD	Annual
Impairments	`ImpairmentOfLongLivedAssetsToBeDisposedOf`	$5.33M	USD	Annual
Miscellaneous operating expenses	`OtherCostAndExpenseOperating`	$109.64M	USD	Annual
Miscellaneous operating expenses	`OtherCostAndExpenseOperating`	$99.49M	USD	Annual
Miscellaneous operating expenses	`OtherCostAndExpenseOperating`	$49.90M	USD	Annual
Total operating expenses	`CostsAndExpenses`	$4.11B	USD	Annual
Total operating expenses	`CostsAndExpenses`	$4.42B	USD	Annual
Total operating expenses	`CostsAndExpenses`	$5.03B	USD	Annual
Operating income	`OperatingIncomeLoss`	$427.44M	USD	Annual
Operating income	`OperatingIncomeLoss`	$564.44M	USD	Annual
Operating income	`OperatingIncomeLoss`	$965.70M	USD	Annual
Interest income	`InvestmentIncomeInterest`	$3.83M	USD	Annual
Interest income	`InvestmentIncomeInterest`	$1.93M	USD	Annual
Interest income	`InvestmentIncomeInterest`	$1.17M	USD	Annual
Interest expense	`InterestExpense`	$21.14M	USD	Annual
Interest expense	`InterestExpense`	$29.43M	USD	Annual
Interest expense	`InterestExpense`	$17.31M	USD	Annual
Other income, net	`OtherNonoperatingIncomeExpense`	$28.91M	USD	Annual
Other income, net	`OtherNonoperatingIncomeExpense`	$11.25M	USD	Annual
Other income, net	`OtherNonoperatingIncomeExpense`	$12.14M	USD	Annual
Total other (expenses) income, net	`NonoperatingIncomeExpense`	$-4.13M	USD	Annual
Total other (expenses) income, net	`NonoperatingIncomeExpense`	$8.94M	USD	Annual
Total other (expenses) income, net	`NonoperatingIncomeExpense`	$-13.46M	USD	Annual
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$413.98M	USD	Annual
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$560.31M	USD	Annual
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$974.63M	USD	Annual
Income tax expense	`IncomeTaxExpenseBenefit`	$230.89M	USD	Annual
Income tax expense	`IncomeTaxExpenseBenefit`	$149.68M	USD	Annual
Income tax expense	`IncomeTaxExpenseBenefit`	$103.80M	USD	Annual
Net income	`ProfitLoss`	$410.63M	USD	Annual
Net income	`ProfitLoss`	$310.18M	USD	Annual
Net income	`ProfitLoss`	$743.75M	USD	Annual
Net income attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$633.00K	USD	Annual
Net income attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$972.00K	USD	Annual
Net income attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$360.00K	USD	Annual
Net income attributable to Knight-Swift	`NetIncomeLoss`	$410.00M	USD	Annual
Net income attributable to Knight-Swift	`NetIncomeLoss`	$309.21M	USD	Annual
Net income attributable to Knight-Swift	`NetIncomeLoss`	$743.39M	USD	Annual
Other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	-	USD	Annual
Other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	-	USD	Annual
Other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-563.00K	USD	Annual
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$309.21M	USD	Annual
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$742.83M	USD	Annual
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$410.00M	USD	Annual
Basic earnings per share	`EarningsPerShareBasic`	$1.80	USD	Annual
Basic earnings per share	`EarningsPerShareBasic`	$2.42	USD	Annual
Basic earnings per share	`EarningsPerShareBasic`	$4.48	USD	Annual
Diluted earnings per share	`EarningsPerShareDiluted`	$2.40	USD	Annual
Diluted earnings per share	`EarningsPerShareDiluted`	$4.45	USD	Annual
Diluted earnings per share	`EarningsPerShareDiluted`	$1.80	USD	Annual
Dividends declared per share: (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$0.24	USD	Annual
Dividends declared per share: (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$0.38	USD	Annual
Dividends declared per share: (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$0.32	USD	Annual
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	171.54M	shares	Annual
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	169.71M	shares	Annual
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	165.86M	shares	Annual
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	170.55M	shares	Annual
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	167.06M	shares	Annual
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	172.14M	shares	Annual

Cash Flow Statement 137 line items

Line Item	Tag	Value	Unit	Period
Net Income	`ProfitLoss`	$410.63M	USD	Annual
Net Income	`ProfitLoss`	$310.18M	USD	Annual
Net Income	`ProfitLoss`	$743.75M	USD	Annual
Depreciation and amortization of property, equipment, and intangibles	`DepreciationDepletionAndAmortization`	$462.96M	USD	Annual
Depreciation and amortization of property, equipment, and intangibles	`DepreciationDepletionAndAmortization`	$577.89M	USD	Annual
Depreciation and amortization of property, equipment, and intangibles	`DepreciationDepletionAndAmortization`	$506.67M	USD	Annual
Gain on sale of property and equipment	`GainLossOnSaleOfPropertyPlantEquipment`	$74.80M	USD	Annual
Gain on sale of property and equipment	`GainLossOnSaleOfPropertyPlantEquipment`	$32.94M	USD	Annual
Gain on sale of property and equipment	`GainLossOnSaleOfPropertyPlantEquipment`	$9.71M	USD	Annual
Impairments	`AssetImpairmentCharges`	$5.33M	USD	Annual
Impairments	`AssetImpairmentCharges`	$299.00K	USD	Annual
Impairments	`AssetImpairmentCharges`	$3.49M	USD	Annual
Deferred income taxes	`IncreaseDecreaseInDeferredIncomeTaxes`	$-30.73M	USD	Annual
Deferred income taxes	`IncreaseDecreaseInDeferredIncomeTaxes`	$-39.93M	USD	Annual
Deferred income taxes	`IncreaseDecreaseInDeferredIncomeTaxes`	$-46.21M	USD	Annual
Non-cash lease expense	`OperatingLeaseRightOfUseAssetAmortizationExpense`	$120.77M	USD	Annual
Non-cash lease expense	`OperatingLeaseRightOfUseAssetAmortizationExpense`	$45.19M	USD	Annual
Non-cash lease expense	`OperatingLeaseRightOfUseAssetAmortizationExpense`	$80.89M	USD	Annual
Other adjustments to reconcile net income to net cash provided by operating activities	`OtherNoncashIncomeExpense`	$-28.28M	USD	Annual
Other adjustments to reconcile net income to net cash provided by operating activities	`OtherNoncashIncomeExpense`	$-43.68M	USD	Annual
Other adjustments to reconcile net income to net cash provided by operating activities	`OtherNoncashIncomeExpense`	$-24.16M	USD	Annual
Trade receivables	`IncreaseDecreaseInAccountsReceivable`	$214.57M	USD	Annual
Trade receivables	`IncreaseDecreaseInAccountsReceivable`	$-70.11M	USD	Annual
Trade receivables	`IncreaseDecreaseInAccountsReceivable`	$75.52M	USD	Annual
Income tax receivable	`IncreaseDecreaseInIncomeTaxesReceivable`	$-2.53M	USD	Annual
Income tax receivable	`IncreaseDecreaseInIncomeTaxesReceivable`	$-14.12M	USD	Annual
Income tax receivable	`IncreaseDecreaseInIncomeTaxesReceivable`	$10.07M	USD	Annual
Accounts payable	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-13.18M	USD	Annual
Accounts payable	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$73.37M	USD	Annual
Accounts payable	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$7.50M	USD	Annual
Accrued liabilities and claims accrual	`IncreaseDecreaseinAccruedLiabilitiesandOtherLiabilities`	$-919.00K	USD	Annual
Accrued liabilities and claims accrual	`IncreaseDecreaseinAccruedLiabilitiesandOtherLiabilities`	$-31.21M	USD	Annual
Accrued liabilities and claims accrual	`IncreaseDecreaseinAccruedLiabilitiesandOtherLiabilities`	$40.87M	USD	Annual
Operating lease liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$-48.17M	USD	Annual
Operating lease liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$-83.67M	USD	Annual
Operating lease liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$-121.74M	USD	Annual
Other assets and liabilities	`OtherOperatingActivitiesCashFlowStatement`	$-24.42M	USD	Annual
Other assets and liabilities	`OtherOperatingActivitiesCashFlowStatement`	$4.71M	USD	Annual
Other assets and liabilities	`OtherOperatingActivitiesCashFlowStatement`	$-3.95M	USD	Annual
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$1.19B	USD	Annual
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$919.64M	USD	Annual
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$839.59M	USD	Annual
Proceeds from maturities of held-to-maturity investments	`ProceedsFromSaleAndMaturityOfHeldToMaturitySecurities`	$13.68M	USD	Annual
Proceeds from maturities of held-to-maturity investments	`ProceedsFromSaleAndMaturityOfHeldToMaturitySecurities`	$22.70M	USD	Annual
Proceeds from maturities of held-to-maturity investments	`ProceedsFromSaleAndMaturityOfHeldToMaturitySecurities`	$10.62M	USD	Annual
Purchases of held-to-maturity investments	`PaymentsToAcquireRestrictedInvestments`	$7.71M	USD	Annual
Purchases of held-to-maturity investments	`PaymentsToAcquireRestrictedInvestments`	$16.94M	USD	Annual
Purchases of held-to-maturity investments	`PaymentsToAcquireRestrictedInvestments`	$14.30M	USD	Annual
Proceeds from sale of property and equipment, including assets held for sale	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$260.14M	USD	Annual
Proceeds from sale of property and equipment, including assets held for sale	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$133.23M	USD	Annual
Proceeds from sale of property and equipment, including assets held for sale	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$252.08M	USD	Annual
Purchases of property and equipment	`PaymentsToAcquireMachineryAndEquipment`	$521.07M	USD	Annual
Purchases of property and equipment	`PaymentsToAcquireMachineryAndEquipment`	$534.10M	USD	Annual
Purchases of property and equipment	`PaymentsToAcquireMachineryAndEquipment`	$829.98M	USD	Annual
Expenditures on assets held for sale	`PaymentsToAcquireOtherProductiveAssets`	$16.09M	USD	Annual
Expenditures on assets held for sale	`PaymentsToAcquireOtherProductiveAssets`	$1.37M	USD	Annual
Expenditures on assets held for sale	`PaymentsToAcquireOtherProductiveAssets`	$483.00K	USD	Annual
Net cash, restricted cash, and equivalents invested in acquisitions	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$1.89M	USD	Annual
Net cash, restricted cash, and equivalents invested in acquisitions	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$46.81M	USD	Annual
Net cash, restricted cash, and equivalents invested in acquisitions	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$1.50B	USD	Annual
Payments to Acquire Debt Securities, Available-for-sale	`PaymentsToAcquireAvailableForSaleSecuritiesDebt`	-	USD	Annual
Payments to Acquire Debt Securities, Available-for-sale	`PaymentsToAcquireAvailableForSaleSecuritiesDebt`	$35.00M	USD	Annual
Payments to Acquire Debt Securities, Available-for-sale	`PaymentsToAcquireAvailableForSaleSecuritiesDebt`	-	USD	Annual
Other cash flows from investing activities	`PaymentsForProceedsFromOtherInvestingActivities`	$42.32M	USD	Annual
Other cash flows from investing activities	`PaymentsForProceedsFromOtherInvestingActivities`	$4.28M	USD	Annual
Other cash flows from investing activities	`PaymentsForProceedsFromOtherInvestingActivities`	$5.06M	USD	Annual
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-1.82B	USD	Annual
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-583.71M	USD	Annual
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-480.71M	USD	Annual
Repayment of finance leases and long-term debt	`RepaymentsOfDebtAndCapitalLeaseObligations`	$115.64M	USD	Annual
Repayment of finance leases and long-term debt	`RepaymentsOfDebtAndCapitalLeaseObligations`	$148.91M	USD	Annual
Repayment of finance leases and long-term debt	`RepaymentsOfDebtAndCapitalLeaseObligations`	$409.89M	USD	Annual
Proceeds from long-term debt	`ProceedsFromIssuanceOfLongTermDebt`	-	USD	Annual
Proceeds from long-term debt	`ProceedsFromIssuanceOfLongTermDebt`	-	USD	Annual
Proceeds from long-term debt	`ProceedsFromIssuanceOfLongTermDebt`	$1.20B	USD	Annual
Borrowings (repayments) on revolving lines of credit, net	`ProceedsFromRepaymentsOfLinesOfCredit`	$50.00M	USD	Annual
Borrowings (repayments) on revolving lines of credit, net	`ProceedsFromRepaymentsOfLinesOfCredit`	$84.00M	USD	Annual
Borrowings (repayments) on revolving lines of credit, net	`ProceedsFromRepaymentsOfLinesOfCredit`	$-69.00M	USD	Annual
Borrowings under accounts receivable securitization	`ProceedsFromAccountsReceivableSecuritization`	$61.00M	USD	Annual
Borrowings under accounts receivable securitization	`ProceedsFromAccountsReceivableSecuritization`	$80.00M	USD	Annual
Borrowings under accounts receivable securitization	`ProceedsFromAccountsReceivableSecuritization`	$150.00M	USD	Annual
Repayment of accounts receivable securitization	`RepaymentsOfAccountsReceivableSecuritization`	$185.00M	USD	Annual
Repayment of accounts receivable securitization	`RepaymentsOfAccountsReceivableSecuritization`	$52.00M	USD	Annual
Repayment of accounts receivable securitization	`RepaymentsOfAccountsReceivableSecuritization`	$15.00M	USD	Annual
Proceeds from common stock issued	`ProceedsFromStockPlans`	$12.75M	USD	Annual
Proceeds from common stock issued	`ProceedsFromStockPlans`	$13.31M	USD	Annual
Proceeds from common stock issued	`ProceedsFromStockPlans`	$9.28M	USD	Annual
Repurchases of the Company's common stock	`PaymentsForRepurchaseOfCommonStock`	$179.59M	USD	Annual
Repurchases of the Company's common stock	`PaymentsForRepurchaseOfCommonStock`	$57.17M	USD	Annual
Repurchases of the Company's common stock	`PaymentsForRepurchaseOfCommonStock`	$86.89M	USD	Annual
Dividends paid	`PaymentsOfDividends`	$63.53M	USD	Annual
Dividends paid	`PaymentsOfDividends`	$41.42M	USD	Annual
Dividends paid	`PaymentsOfDividends`	$54.62M	USD	Annual
Other cash flows from financing activities	`ProceedsFromPaymentsForOtherFinancingActivities`	$-14.36M	USD	Annual
Other cash flows from financing activities	`ProceedsFromPaymentsForOtherFinancingActivities`	$-13.52M	USD	Annual
Other cash flows from financing activities	`ProceedsFromPaymentsForOtherFinancingActivities`	$-2.98M	USD	Annual
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-184.64M	USD	Annual
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$779.33M	USD	Annual
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-443.88M	USD	Annual
Net increase (decrease) in cash, restricted cash, and equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-4.95M	USD	Annual
Net increase (decrease) in cash, restricted cash, and equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$152.75M	USD	Annual
Net increase (decrease) in cash, restricted cash, and equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$71.25M	USD	Annual
Cash, restricted cash, and equivalents at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$350.02M	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`	$130.98M	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`	$350.02M	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`	$130.98M	USD	Point-in-time
Cash, restricted cash, and equivalents at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$202.23M	USD	Point-in-time
Interest	`InterestPaidNet`	$28.92M	USD	Annual
Interest	`InterestPaidNet`	$18.95M	USD	Annual
Interest	`InterestPaidNet`	$17.40M	USD	Annual
Income taxes	`IncomeTaxesPaidNet`	$78.66M	USD	Annual
Income taxes	`IncomeTaxesPaidNet`	$80.01M	USD	Annual
Income taxes	`IncomeTaxesPaidNet`	$167.09M	USD	Annual
Equipment acquired included in accounts payable	`CapitalExpendituresIncurredButNotYetPaid`	$6.75M	USD	Annual
Equipment acquired included in accounts payable	`CapitalExpendituresIncurredButNotYetPaid`	$651.00K	USD	Annual
Equipment acquired included in accounts payable	`CapitalExpendituresIncurredButNotYetPaid`	$10.49M	USD	Annual
Equipment sales receivables	`EquipmentSalesReceivables`	$223.00K	USD	Annual
Equipment sales receivables	`EquipmentSalesReceivables`	$67.00K	USD	Annual
Equipment sales receivables	`EquipmentSalesReceivables`	$1.33M	USD	Annual
Contingent consideration associated with acquisition	`BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1`	$6.25M	USD	Annual
Contingent consideration associated with acquisition	`BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1`	-	USD	Annual
Contingent consideration associated with acquisition	`BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1`	$16.20M	USD	Annual
Value of common stock issued for acquisition	`StockIssuedDuringPeriodValueAcquisitions`	-	USD	Annual
Value of common stock issued for acquisition	`StockIssuedDuringPeriodValueAcquisitions`	-	USD	Annual
Value of common stock issued for acquisition	`StockIssuedDuringPeriodValueAcquisitions`	$10.00M	USD	Annual
Debt Conversion, Converted Instrument, Amount	`ConversionOfNoteReceivableToEquityInvestment`	-	USD	Annual
Debt Conversion, Converted Instrument, Amount	`ConversionOfNoteReceivableToEquityInvestment`	$37.63M	USD	Annual
Debt Conversion, Converted Instrument, Amount	`ConversionOfNoteReceivableToEquityInvestment`	-	USD	Annual
Right-of-use assets obtained in exchange for operating lease liabilities	`RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability`	$9.80M	USD	Annual
Right-of-use assets obtained in exchange for operating lease liabilities	`RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability`	$12.41M	USD	Annual
Right-of-use assets obtained in exchange for operating lease liabilities	`RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability`	$22.77M	USD	Annual
Property and equipment obtained in exchange for new finance lease liabilities	`RightOfUseAssetObtainedInExchangeForFinanceLeaseLiability`	$181.23M	USD	Annual
Property and equipment obtained in exchange for new finance lease liabilities	`RightOfUseAssetObtainedInExchangeForFinanceLeaseLiability`	-	USD	Annual
Property and equipment obtained in exchange for new finance lease liabilities	`RightOfUseAssetObtainedInExchangeForFinanceLeaseLiability`	$137.10M	USD	Annual

Stockholders Equity 47 line items

Line Item	Tag	Value	Unit	Period
Beginning balance, value	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$5.67B	USD	Point-in-time
Beginning balance, value	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$5.87B	USD	Point-in-time
Beginning balance, value	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$6.54B	USD	Point-in-time
Beginning balance, value	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$5.46B	USD	Point-in-time
Common stock issued to employees	`StockIssuedDuringPeriodValueShareBasedCompensation`	$10.01M	USD	Annual
Common stock issued to employees	`StockIssuedDuringPeriodValueShareBasedCompensation`	$10.48M	USD	Annual
Common stock issued to employees	`StockIssuedDuringPeriodValueShareBasedCompensation`	$5.92M	USD	Annual
Common stock issued to the Board	`StockIssuedDuringPeriodValueNewIssues`	$515.00K	USD	Annual
Common stock issued to the Board	`StockIssuedDuringPeriodValueNewIssues`	$531.00K	USD	Annual
Common stock issued to the Board	`StockIssuedDuringPeriodValueNewIssues`	$575.00K	USD	Annual
Value of common stock issued for acquisition	`StockIssuedDuringPeriodValueAcquisitions`	-	USD	Annual
Value of common stock issued for acquisition	`StockIssuedDuringPeriodValueAcquisitions`	-	USD	Annual
Value of common stock issued for acquisition	`StockIssuedDuringPeriodValueAcquisitions`	$10.00M	USD	Annual
Common stock issued under ESPP	`StockIssuedDuringPeriodValueEmployeeStockPurchasePlan`	$2.78M	USD	Annual
Common stock issued under ESPP	`StockIssuedDuringPeriodValueEmployeeStockPurchasePlan`	$2.22M	USD	Annual
Common stock issued under ESPP	`StockIssuedDuringPeriodValueEmployeeStockPurchasePlan`	$2.30M	USD	Annual
Company shares repurchased	`StockRepurchasedAndRetiredDuringPeriodValue`	$57.17M	USD	Annual
Company shares repurchased	`StockRepurchasedAndRetiredDuringPeriodValue`	$179.59M	USD	Annual
Company shares repurchased	`StockRepurchasedAndRetiredDuringPeriodValue`	$86.89M	USD	Annual
Shares withheld RSU settlement	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$4.51M	USD	Annual
Shares withheld RSU settlement	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$8.26M	USD	Annual
Shares withheld RSU settlement	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$2.33M	USD	Annual
Employee stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$19.64M	USD	Annual
Employee stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$13.38M	USD	Annual
Employee stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$33.49M	USD	Annual
Dividends declared per share: (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$0.24	USD	Annual
Dividends declared per share: (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$0.38	USD	Annual
Dividends declared per share: (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$0.32	USD	Annual
Cash dividends paid and dividends accrued	`Dividends`	$54.66M	USD	Annual
Cash dividends paid and dividends accrued	`Dividends`	$41.40M	USD	Annual
Cash dividends paid and dividends accrued	`Dividends`	$63.59M	USD	Annual
Net income attributable to Knight-Swift	`NetIncomeLoss`	$410.00M	USD	Annual
Net income attributable to Knight-Swift	`NetIncomeLoss`	$309.21M	USD	Annual
Net income attributable to Knight-Swift	`NetIncomeLoss`	$743.39M	USD	Annual
Other comprehensive income	`OtherComprehensiveIncomeLossNetOfTax`	$-563.00K	USD	Annual
Noncontrolling interest associated with acquisition	`NoncontrollingInterestIncreaseFromBusinessCombination`	$10.28M	USD	Annual
Distribution to noncontrolling interest	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$529.00K	USD	Annual
Distribution to noncontrolling interest	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$64.00K	USD	Annual
Distribution to noncontrolling interest	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$654.00K	USD	Annual
Net income attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$633.00K	USD	Annual
Net income attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$972.00K	USD	Annual
Net income attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$360.00K	USD	Annual
Net acquisition of remaining ownership interest, previously noncontrolling	`MinorityInterestDecreaseFromRedemptions`	$-5.75M	USD	Annual
Ending balance, value	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$5.67B	USD	Point-in-time
Ending balance, value	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$5.87B	USD	Point-in-time
Ending balance, value	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$6.54B	USD	Point-in-time
Ending balance, value	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$5.46B	USD	Point-in-time

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