Knight-Swift Transportation Holdings Inc. KNX Income Statement

Knight-swift transportation holdings inc. (KNX)

Income statement / TTM

Mar'20	Dec'19	Sep'19	Jun'19	Mar'19	Dec'18	Sep'18	Jun'18	Mar'18	Dec'17	Sep'17	Jun'17	Mar'17	Dec'16	Sep'16	Jun'16	Mar'16	Dec'15	Sep'15	Jun'15	Mar'15	Dec'14	Sep'14	Jun'14	Mar'14	Dec'13	Sep'13	Jun'13	Mar'13	Dec'12	Sep'12	Jun'12	Mar'12	Dec'11	Sep'11	Jun'11	Mar'11	Sep'10	Jun'10
Revenue:
Total revenue
4,764,213	4,843,950	5,041,780	5,187,869	5,277,469	5,344,066	5,308,846	4,483,843	3,425,403	2,425,453	-76,140	-317,218	421,393	1,118,034	303,650	1,088,093	1,135,643	1,182,964	4,279,021	4,288,928	4,305,422	4,298,724	4,234,613	4,191,860	4,145,033	4,118,195	4,326,798	4,287,295	4,130,808	3,976,085	3,997,871	3,869,073	3,846,959	3,778,963	3,231,466	3,103,825	0	0	0
Operating expenses:
Salaries, wages, and benefits
1,465,051	1,474,073	1,500,574	1,506,257	1,497,308	1,495,126	1,485,951	1,259,167	967,706	688,543	-7,648	-79,350	127,806	333,929	170,743	371,822	361,048	334,069	1,084,966	1,041,204	1,002,971	970,683	940,961	921,112	906,871	903,990	932,989	931,440	906,206	879,856	883,705	862,144	866,082	861,423	782,377	772,249	0	0	0
Fuel
566,539	583,123	589,827	603,960	615,620	621,997	614,322	513,790	384,540	274,956	63,973	36,289	89,941	129,696	23,128	91,535	120,832	152,752	459,655	505,731	542,740	591,855	609,235	620,697	627,906	640,000	690,485	698,880	683,820	668,707	687,778	678,541	701,252	698,530	595,436	551,211	0	0	0
Operations and maintenance
310,832	322,188	327,278	329,532	335,367	340,627	346,451	296,356	228,674	164,307	-42,454	-59,940	6,684	76,246	-9,999	72,939	76,866	80,855	376,782	362,522	355,452	342,073	336,117	332,862	327,781	319,023	332,981	323,114	307,497	290,472	297,966	284,423	279,810	281,872	236,763	229,190	0	0	0
Insurance and claims
198,480	194,336	196,111	202,020	206,350	215,362	222,192	190,608	145,776	95,199	-30,344	-42,210	-4,698	34,441	-2,991	40,635	37,035	33,632	185,194	169,990	161,105	159,246	155,376	152,813	153,089	142,179	135,567	129,932	122,613	121,655	125,119	116,896	118,494	110,639	94,751	102,978	0	0	0
Operating taxes and licenses
88,847	88,481	87,304	88,320	89,431	90,778	90,512	77,319	59,263	40,544	-5,089	-9,336	4,654	18,728	5,463	20,162	19,828	18,911	72,755	71,402	71,057	71,806	73,265	73,948	74,542	74,319	78,400	77,135	74,059	71,849	73,048	72,188	72,203	71,557	61,474	58,649	0	0	0
Gain on disposal of property and equipment
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	29,580	34,847	-	28,570	30,373	28,455	27,682	32,153	26,144	22,975	22,664	19,750	18,474	16,809	18,351	15,212	13,815	11,037	8,902	7,709	6,520	0	0	0
Communications
19,311	19,520	20,084	20,212	20,702	20,911	22,349	19,229	14,797	10,691	-6,516	-7,461	-1,532	4,182	-4,216	3,044	3,496	4,095	30,798	29,883	30,200	29,871	28,655	28,013	26,198	25,593	26,689	26,709	26,783	26,464	27,063	27,183	27,543	27,757	26,022	25,335	0	0	0
Depreciation and amortization of property and equipment
429,366	420,082	410,945	401,769	394,579	387,505	378,772	324,541	258,039	193,733	57,297	42,824	78,266	115,660	86,972	124,820	120,547	110,523	239,981	227,498	221,874	221,122	221,339	225,224	227,313	226,008	234,066	229,806	223,315	218,839	219,906	216,970	218,134	218,098	200,996	198,341	0	0	0
Amortization of intangibles
43,657	42,876	42,837	42,773	42,768	42,584	42,359	34,318	23,756	13,372	-5,128	-7,657	-3,579	500	-3,579	500	500	500	16,814	16,814	16,814	16,814	16,814	16,814	16,814	16,814	16,815	16,814	16,826	16,925	17,126	17,432	17,834	18,258	18,808	19,498	0	0	0
Rental expense
112,568	122,738	134,168	145,248	160,076	177,406	196,669	172,251	125,776	74,224	-91,626	-105,735	-49,893	5,036	-61,567	-3,758	-1,028	4,695	242,644	243,211	239,546	229,290	217,956	204,563	191,424	180,328	190,071	182,977	166,557	149,433	150,624	135,141	127,789	122,279	80,085	75,893	0	0	0
Purchased transportation
991,896	1,035,969	1,110,929	1,188,930	1,263,369	1,318,303	1,339,088	1,137,184	859,771	594,113	-129,759	-200,124	25,179	233,863	-28,510	214,287	225,362	246,864	1,217,092	1,245,338	1,290,910	1,321,268	1,324,582	1,314,791	1,282,659	1,255,646	1,321,712	1,309,419	1,253,987	1,195,033	1,194,871	1,123,586	1,094,581	1,055,416	851,370	814,416	0	0	0
Impairments
4,388	3,486	2,182	2,182	0	-	0	0	-	-	0	-	-	-	0	0	-	-	-	-	-	-	0	-	-	-	0	-	-	3,387	0	0	0	-	-	-	-	-	-
Miscellaneous operating expenses
120,020	109,640	82,121	77,919	57,503	61,626	64,046	62,330	52,209	41,781	26,135	0	0	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Costs and Expenses
0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Merger-related costs
-	-	-	-	-	-	-	-	-	-	0	0	-	0	0	0	0	-	-	-	-	-	-	-	-	-	0	-	-	-	0	-	-	-	-	-	-	-	-
Total operating expenses
-	-	4,507,158	4,611,920	-	4,775,023	4,802,809	4,116,275	3,153,667	2,224,823	-117,856	-390,057	302,759	969,555	210,425	956,881	980,160	1,004,964	3,898,157	3,885,574	3,906,522	3,928,654	3,894,455	3,864,693	3,811,622	3,761,236	3,942,347	3,910,074	3,767,176	3,624,269	3,663,059	3,521,754	3,513,750	3,456,927	2,940,373	2,841,240	0	0	0
Operating Income (Loss)
413,258	427,438	534,622	575,949	591,598	569,043	506,037	367,568	271,736	200,630	41,716	72,839	118,634	148,479	93,225	131,212	155,483	178,000	380,864	403,354	398,900	370,070	340,158	327,167	333,411	356,959	384,451	377,221	363,632	351,816	334,812	347,319	333,209	322,036	291,093	262,585	0	0	0
Other (expenses) income:
Other (expenses) income:
Derivative interest expense
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-9,908	-8,084	-5,355	-6,495	6,320	6,029	4,943	3,852	2,559	1,542	3,118	5,101	8,091	11,027	12,922	15,057	29,030	43,938	0	0	0
Interest income
3,650	3,834	4,009	3,891	3,644	3,200	2,840	2,321	1,721	1,207	-603	-890	-384	309	105	669	624	460	2,499	2,629	2,730	2,909	2,968	2,795	2,649	2,474	2,382	2,457	2,350	2,156	2,012	1,895	1,927	1,997	1,797	1,518	0	0	0
Interest expense
28,192	29,433	31,040	30,778	30,754	30,170	28,162	22,446	15,368	8,686	-13,498	-15,128	-7,615	897	-12,286	-3,338	-796	998	44,641	55,883	67,227	80,064	88,865	93,088	96,397	99,534	106,337	110,844	115,635	122,049	130,651	138,178	145,256	149,981	174,856	200,995	0	0	0
Loss on debt extinguishment
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-39,909	-12,757	-10,399	-3,409	-5,540	-5,540	-5,044	-6,323	-22,219	0	0	0	-	-	-	-	-	-
Non-cash impairments of non-operating assets
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,480	1,480	1,480	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Loss on sale of real property
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	6,876	6,876	0	0	-	0	-	-	-	-	-	-	-	-
Legal settlements and reserves
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	0	0	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other (expense) income, net
-509	12,137	16,053	16,045	13,949	9,965	7,164	2,395	1,991	558	1,561	4,392	4,885	4,939	9,960	9,323	9,213	9,042	5,768	5,858	5,584	4,115	7,680	5,664	3,630	3,934	-4,657	-3,060	-3,035	-3,077	-2,927	-2,970	-2,335	-2,244	-1,407	-3,256	0	0	0
Total other (expenses) income, net
-25,051	-13,462	-10,978	-10,842	-13,161	-17,005	-18,158	-17,730	-11,656	-6,921	17,456	21,630	12,116	4,351	40,370	21,714	14,906	8,504	-87,741	-93,738	-106,752	-119,444	-102,264	-107,212	-101,977	-100,555	-111,677	-111,814	-119,592	-150,115	-234,078	-166,559	-174,856	-160,797	-121,780	-240,159	0	0	0
Gain on sale of real property
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-
Income before income taxes
388,207	413,976	523,644	565,107	578,437	552,038	487,879	349,838	260,080	193,709	59,172	94,469	130,750	152,830	133,595	152,926	170,389	186,504	293,123	309,616	292,148	250,626	237,894	219,955	231,434	256,404	272,774	265,407	244,040	201,701	178,876	180,760	158,353	161,239	91,171	22,426	0	0	0
Income tax expense
100,429	103,798	129,096	139,196	140,337	131,389	-228,686	-264,582	-280,971	-291,716	25,254	40,667	52,311	57,592	41,329	48,462	57,867	68,047	109,557	112,173	105,461	89,474	89,935	92,201	93,999	100,982	96,106	85,036	79,849	61,614	56,324	60,914	52,623	58,492	38,452	23,736	0	0	0
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest
287,778	310,178	394,548	425,911	438,100	420,649	716,565	614,420	541,051	485,425	61,647	0	0	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net Income (Loss) Attributable to Noncontrolling Interest
1,084	972	1,090	1,191	1,262	1,385	1,432	1,287	1,271	1,133	1,153	0	0	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net Income (Loss) Attributable to Parent
286,694	309,206	393,458	424,720	436,838	419,264	715,133	613,133	539,780	484,292	32,022	51,908	76,834	93,863	90,211	102,725	110,783	116,718	183,566	197,443	186,687	161,152	147,959	127,754	137,435	155,422	176,668	180,371	164,191	140,087	122,552	119,846	105,730	102,747	52,719	-1,310	0	0	0
Earnings Per Share [Abstract]
Basic (in dollars per share)
0.38	0.39	0.44	0.46	0.51	0.87	0.60	0.51	0.39	3.93	0.04	0.22	0.19	0.32	0.30	0.32	0.23	0.55	0.25	0.36	0.27	0.42	0.35	0.28	0.09	0.32	0.21	0.36	0.22	0.48	0.24	0.24	0.04	0.36	0.22	0.14	0.02	-0.02	-0.38
Diluted (in dollars per share)
0.38	0.39	0.44	0.46	0.51	0.86	0.60	0.51	0.39	3.90	0.04	0.22	0.18	0.32	0.29	0.32	0.23	0.56	0.25	0.35	0.26	0.40	0.35	0.28	0.09	0.32	0.21	0.35	0.21	0.48	0.24	0.24	0.04	0.36	0.22	0.14	0.02	-0.02	-0.38
Dividends declared per share: (in dollars per share)
0.08	0.06	0.06	0.06	0.06	0.06	0.06	0.06	0.06	0.06	0.06	0.06	0.06	-	0.06	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Weighted average shares outstanding:
Weighted Average Number of Shares Outstanding, Basic
170,617	170,611	170,504	172,078	172,971	174,612	176,849	178,451	178,160	178,952	102,846	80,520	80,310	-29,550	80,040	134,439	136,519	-101,576	142,801	142,540	142,199	141,878	141,557	141,308	140,981	140,714	140,327	139,989	139,686	139,562	139,535	139,522	139,509	139,516	139,498	139,479	138,127	60	60
Weighted Average Number of Shares Outstanding, Diluted
171,282	170,946	171,290	172,724	173,608	175,607	177,750	179,398	179,241	180,432	103,752	81,349	81,255	-29,343	80,949	135,651	137,655	-102,431	144,132	144,212	143,955	144,167	143,322	143,393	143,018	143,472	142,315	141,838	141,259	138,898	139,546	139,640	140,392	139,533	139,503	140,716	138,900	60	60
Revenue, excluding trucking fuel surcharge [Member]
Total revenue
4,325,471	4,395,332	4,521,940	4,622,752	0	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Trucking fuel surcharge revenue [Member]
Total revenue
438,742	448,618	471,811	502,160	0	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Revenue, excluding fuel surcharge [Member]
Total revenue
-	-	-	-	-	-	-	-	0	-	-	-322,172	366,215	1,028,148	374,567	1,073,298	1,073,788	1,061,739	3,745,963	3,672,818	3,613,256	3,535,391	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Fuel surcharge revenue [Member]
Total revenue
-	-	-	-	-	-	-	-	0	-	-	4,954	55,178	89,886	-70,917	14,795	61,855	121,225	533,058	616,110	692,166	763,333	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-