2020 Q4 Form 10-K Financial Statement

#000155837021002023 Filed on February 26, 2021

View on sec.gov

Income Statement

Concept 2020 Q4 2019 Q4 2019 Q3
Revenue $816.4M $717.4M $787.6M
YoY Change 13.8% -7.34% -4.67%
Cost Of Revenue $187.4M $168.1M $180.2M
YoY Change 11.48% -5.08% -3.12%
Gross Profit $629.0M $549.3M $607.3M
YoY Change 14.51% -8.01% -5.12%
Gross Profit Margin 77.04% 76.57% 77.11%
Selling, General & Admin $514.9M $459.9M $491.3M
YoY Change 11.96% -0.24% 1.84%
% of Gross Profit 81.86% 83.72% 80.9%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $30.30M $29.10M $29.36M
YoY Change 4.12% 8.18% 4.76%
% of Gross Profit 4.82% 5.3% 4.83%
Operating Expenses $598.9M $538.2M $576.3M
YoY Change 11.28% -3.81% -1.69%
Operating Profit $30.25M -$11.23M $31.21M
YoY Change -369.41% -130.22% -44.33%
Interest Expense -$2.000M -$1.300M -$1.100M
YoY Change 53.85% -7.14% -21.43%
% of Operating Profit -6.61% -3.52%
Other Income/Expense, Net $2.000M $500.0K -$6.734M
YoY Change 300.0% -103.31% 843.14%
Pretax Income $30.20M -$12.00M $23.34M
YoY Change -351.67% -157.97% -56.77%
Income Tax $6.285M -$6.478M $7.072M
% Of Pretax Income 20.81% 30.3%
Net Earnings $23.91M -$5.549M $16.27M
YoY Change -530.96% -136.27% -60.1%
Net Earnings / Revenue 2.93% -0.77% 2.07%
Basic Earnings Per Share $0.94 -$0.22 $0.64
Diluted Earnings Per Share $0.89 -$0.22 $0.62
COMMON SHARES
Basic Shares Outstanding 25.43M 25.49M 25.53M
Diluted Shares Outstanding 26.73M 25.49M 26.42M

Balance Sheet

Concept 2020 Q4 2019 Q4 2019 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $369.4M $318.5M $308.1M
YoY Change 15.98% 7.24% 21.63%
Cash & Equivalents $304.0M $201.9M $183.8M
Short-Term Investments $65.40M $116.6M $124.3M
Other Short-Term Assets $4.422M $4.745M $5.285M
YoY Change -6.81% -47.32% -85.72%
Inventory
Prepaid Expenses $37.77M $30.38M $25.37M
Receivables $320.9M $282.6M $292.9M
Other Receivables $14.34M $18.77M $18.12M
Total Short-Term Assets $758.2M $664.4M $658.0M
YoY Change 14.11% 2.34% 4.18%
LONG-TERM ASSETS
Property, Plant & Equipment $678.7M $683.6M $680.1M
YoY Change -0.72% 8.3% 8.48%
Goodwill $88.32M $88.32M $108.3M
YoY Change 0.0% -18.46%
Intangibles $54.98M $58.83M $65.58M
YoY Change -6.55% -14.67%
Long-Term Investments
YoY Change
Other Assets $77.50M $79.87M $85.14M
YoY Change -2.97% 7.81% 5.37%
Total Long-Term Assets $1.021B $986.8M $1.013B
YoY Change 3.45% 10.88% 14.28%
TOTAL ASSETS
Total Short-Term Assets $758.2M $664.4M $658.0M
Total Long-Term Assets $1.021B $986.8M $1.013B
Total Assets $1.779B $1.651B $1.671B
YoY Change 7.74% 7.27% 10.08%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $170.9M $134.4M $160.1M
YoY Change 27.18% -6.55% 3.59%
Accrued Expenses $246.7M $232.3M $234.9M
YoY Change 6.21% -4.44% 0.76%
Deferred Revenue $500.0K
YoY Change 0.0%
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $67.10M $57.30M $50.20M
YoY Change 17.1% 5.91% -8.06%
Total Short-Term Liabilities $506.5M $444.3M $465.7M
YoY Change 14.02% -1.56% 2.38%
LONG-TERM LIABILITIES
Long-Term Debt $217.1M $266.2M $248.2M
YoY Change -18.44% 12.04% 5.17%
Other Long-Term Liabilities $37.95M $38.89M $38.15M
YoY Change -2.43% -12.97% -43.9%
Total Long-Term Liabilities $37.95M $38.89M $38.15M
YoY Change -2.43% -12.97% -87.45%
TOTAL LIABILITIES
Total Short-Term Liabilities $506.5M $444.3M $465.7M
Total Long-Term Liabilities $37.95M $38.89M $38.15M
Total Liabilities $544.5M $483.2M $503.9M
YoY Change 12.69% -2.59% -37.99%
SHAREHOLDERS EQUITY
Retained Earnings $595.9M $533.2M $540.8M
YoY Change 11.77% 6.34%
Common Stock $342.6M $334.2M $332.1M
YoY Change 2.52% 2.53%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $828.6M $763.0M $763.6M
YoY Change
Total Liabilities & Shareholders Equity $1.779B $1.651B $1.671B
YoY Change 7.74% 7.27% 10.08%

Cashflow Statement

Concept 2020 Q4 2019 Q4 2019 Q3
OPERATING ACTIVITIES
Net Income $23.91M -$5.549M $16.27M
YoY Change -530.96% -136.27% -60.1%
Depreciation, Depletion And Amortization $30.30M $29.10M $29.36M
YoY Change 4.12% 8.18% 4.76%
Cash From Operating Activities $54.70M $32.40M $57.50M
YoY Change 68.83% -60.34% 6.48%
INVESTING ACTIVITIES
Capital Expenditures -$27.80M -$24.10M -$30.90M
YoY Change 15.35% 225.68% 94.34%
Acquisitions
YoY Change
Other Investing Activities $22.70M $16.50M -$6.100M
YoY Change 37.58% -156.31% 165.22%
Cash From Investing Activities -$5.000M -$7.700M -$36.90M
YoY Change -35.06% -79.02% 101.64%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -13.30M -6.600M -18.50M
YoY Change 101.52% -79.63% 5.11%
NET CHANGE
Cash From Operating Activities 54.70M 32.40M 57.50M
Cash From Investing Activities -5.000M -7.700M -36.90M
Cash From Financing Activities -13.30M -6.600M -18.50M
Net Change In Cash 36.40M 18.10M 2.100M
YoY Change 101.1% 43.65% -88.4%
FREE CASH FLOW
Cash From Operating Activities $54.70M $32.40M $57.50M
Capital Expenditures -$27.80M -$24.10M -$30.90M
Free Cash Flow $82.50M $56.50M $88.40M
YoY Change 46.02% -36.59% 26.47%

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<p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:justify;margin:0pt;"><b style="font-weight:bold;">Use of Estimates:</b> The preparation of financial statements in conformity with accounting principles generally accepted in the United States requires management to make estimates and assumptions that affect the amounts reported in the financial statements and accompanying notes. Actual amounts may differ from those estimates.</p><p style="font-family:'Times New Roman','Times','serif';font-size:12pt;text-align:justify;margin:0pt;"><span style="font-size:10pt;visibility:hidden;">​</span></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:justify;margin:0pt;"><b style="font-weight:bold;">Reclassifications: </b>Certain reclassifications have been made to the prior period presentation of accrued expenses in the consolidated balance sheets to conform to the current year presentation. Current portion of pension and postretirement liabilities previously presented in a separate line in the consolidated balance sheets have been reclassed to accrued expenses. There was no impact on total current liabilities as a result of the reclassification. </p><p style="font-family:'Times New Roman','Times','serif';font-size:12pt;text-align:justify;margin:0pt;"><span style="font-size:10pt;visibility:hidden;">​</span></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:justify;margin:0pt;"><b style="font-weight:bold;">Subsequent Events</b></p><p style="font-family:'Times New Roman','Times','serif';font-size:12pt;text-align:justify;margin:0pt;"><span style="font-size:10pt;visibility:hidden;">​</span></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:justify;margin:0pt;">In January 2021, the Asset-Based segment sold an unutilized property that will result in a gain on sale of property and equipment of approximately $8.5 million.</p><p style="font-family:'Times New Roman','Times','serif';font-size:12pt;text-align:justify;margin:0pt;"><span style="font-size:10pt;visibility:hidden;">​</span></p>
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<p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:justify;margin:0pt;"><b style="font-weight:bold;">Concentration of Credit Risk:</b> The Company is potentially subject to concentrations of credit risk related to the portion of its cash, cash equivalents, and short-term investments which is not federally insured, as further discussed in Note C.</p><p style="font-family:'Times New Roman','Times','serif';font-size:12pt;text-align:justify;margin:0pt;"><span style="font-size:10pt;visibility:hidden;">​</span></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:justify;margin:0pt;">The Company’s services are provided primarily to customers throughout the United States and, to a lesser extent, Canada, Mexico, and other international locations. On a consolidated basis, the Company had no single customer representing more than 4% of its revenues in 2020, 2019, or 2018 or more than 6% of its accounts receivable balance at December 31, 2020 and 2019. The Company performs ongoing credit evaluations of its customers and generally does not require collateral. Historically, credit losses have been within management’s expectations.</p>
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398000
CY2019 us-gaap Sublease Income
SubleaseIncome
324000
CY2020 us-gaap Lease Cost
LeaseCost
27313000
CY2019 us-gaap Lease Cost
LeaseCost
25333000
CY2018 us-gaap Operating Leases Rent Expense Net
OperatingLeasesRentExpenseNet
20500000
CY2020 arcb Operating Lease Noncash Change In Operating Right Of Use Assets
OperatingLeaseNoncashChangeInOperatingRightOfUseAssets
21184000
CY2019 arcb Operating Lease Noncash Change In Operating Right Of Use Assets
OperatingLeaseNoncashChangeInOperatingRightOfUseAssets
20439000
CY2020 arcb Operating Lease Change In Operating Lease Liabilities
OperatingLeaseChangeInOperatingLeaseLiabilities
20428000
CY2019 arcb Operating Lease Change In Operating Lease Liabilities
OperatingLeaseChangeInOperatingLeaseLiabilities
19711000
CY2020 arcb Operating Right Use Of Assets And Lease Liabilities Net
OperatingRightUseOfAssetsAndLeaseLiabilitiesNet
756000
CY2019 arcb Operating Right Use Of Assets And Lease Liabilities Net
OperatingRightUseOfAssetsAndLeaseLiabilitiesNet
728000
CY2020 us-gaap Operating Lease Payments
OperatingLeasePayments
23810000
CY2019 us-gaap Operating Lease Payments
OperatingLeasePayments
21714000
CY2020Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
115195000
CY2020Q4 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
21482000
CY2020Q4 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
97839000
CY2020Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
119321000
CY2020Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P6Y8M12D
CY2020Q4 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.0318
CY2019Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
68470000
CY2019Q4 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
20265000
CY2019Q4 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
52277000
CY2019Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
72542000
CY2019Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P5Y3M18D
CY2019Q4 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.0377
CY2020Q4 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
24629000
CY2020Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
21073000
CY2020Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
16755000
CY2020Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
14668000
CY2020Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Five
LesseeOperatingLeaseLiabilityPaymentsDueYearFive
12153000
CY2020Q4 us-gaap Lessee Operating Lease Liability Payments Due After Year Five
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive
43035000
CY2020Q4 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
132313000
CY2020Q4 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
12992000
CY2020Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
119321000
CY2020Q4 us-gaap Long Term Debt And Capital Lease Obligations Including Current Maturities
LongTermDebtAndCapitalLeaseObligationsIncludingCurrentMaturities
284224000
CY2019Q4 us-gaap Long Term Debt And Capital Lease Obligations Including Current Maturities
LongTermDebtAndCapitalLeaseObligationsIncludingCurrentMaturities
323519000
CY2020Q4 us-gaap Long Term Debt And Capital Lease Obligations Current
LongTermDebtAndCapitalLeaseObligationsCurrent
67105000
CY2019Q4 us-gaap Long Term Debt And Capital Lease Obligations Current
LongTermDebtAndCapitalLeaseObligationsCurrent
57305000
CY2020Q4 us-gaap Long Term Debt And Capital Lease Obligations
LongTermDebtAndCapitalLeaseObligations
217119000
CY2019Q4 us-gaap Long Term Debt And Capital Lease Obligations
LongTermDebtAndCapitalLeaseObligations
266214000
CY2020Q4 arcb Maturities Of Long Term Debt And Future Minimum Payments Under Capital Leases Due Current
MaturitiesOfLongTermDebtAndFutureMinimumPaymentsUnderCapitalLeasesDueCurrent
73386000
CY2020Q4 arcb Maturities Of Long Term Debt And Future Minimum Payments Under Capital Leases Due In Two Years
MaturitiesOfLongTermDebtAndFutureMinimumPaymentsUnderCapitalLeasesDueInTwoYears
64750000
CY2020Q4 arcb Maturities Of Long Term Debt And Future Minimum Payments Under Capital Leases Due In Three Years
MaturitiesOfLongTermDebtAndFutureMinimumPaymentsUnderCapitalLeasesDueInThreeYears
48892000
CY2020Q4 arcb Maturities Of Long Term Debt And Future Minimum Payments Under Capital Leases Due In Four Years
MaturitiesOfLongTermDebtAndFutureMinimumPaymentsUnderCapitalLeasesDueInFourYears
102393000
CY2020Q4 arcb Maturities Of Long Term Debt And Future Minimum Payments Under Capital Leases Due In Five Years
MaturitiesOfLongTermDebtAndFutureMinimumPaymentsUnderCapitalLeasesDueInFiveYears
9576000
CY2020Q4 arcb Maturities Of Long Term Debt And Future Minimum Payments Under Capital Leases Due
MaturitiesOfLongTermDebtAndFutureMinimumPaymentsUnderCapitalLeasesDue
298997000
CY2020Q4 arcb Maturities Of Long Term Debt And Future Minimum Payments Under Capital Leases Interest Included In Payments
MaturitiesOfLongTermDebtAndFutureMinimumPaymentsUnderCapitalLeasesInterestIncludedInPayments
14773000
CY2020Q4 us-gaap Long Term Debt And Capital Lease Obligations Including Current Maturities
LongTermDebtAndCapitalLeaseObligationsIncludingCurrentMaturities
284224000
CY2020Q4 arcb Debt Instrument Collateral Property Plant And Equipment Gross
DebtInstrumentCollateralPropertyPlantAndEquipmentGross
353093000
CY2019Q4 arcb Debt Instrument Collateral Property Plant And Equipment Gross
DebtInstrumentCollateralPropertyPlantAndEquipmentGross
293799000
CY2020Q4 arcb Debt Instrument Collateral Accumulated Depreciation And Amortization Property Plant And Equipment
DebtInstrumentCollateralAccumulatedDepreciationAndAmortizationPropertyPlantAndEquipment
115424000
CY2019Q4 arcb Debt Instrument Collateral Accumulated Depreciation And Amortization Property Plant And Equipment
DebtInstrumentCollateralAccumulatedDepreciationAndAmortizationPropertyPlantAndEquipment
71405000
CY2020Q4 arcb Debt Instrument Collateral Property Plant And Equipment Net
DebtInstrumentCollateralPropertyPlantAndEquipmentNet
237669000
CY2019Q4 arcb Debt Instrument Collateral Property Plant And Equipment Net
DebtInstrumentCollateralPropertyPlantAndEquipmentNet
222394000
CY2020Q4 us-gaap Debt Weighted Average Interest Rate
DebtWeightedAverageInterestRate
0.029
CY2020 us-gaap Interest Paid Net
InterestPaidNet
11300000
CY2019 us-gaap Interest Paid Net
InterestPaidNet
10900000
CY2018 us-gaap Interest Paid Net
InterestPaidNet
8700000
CY2020 us-gaap Interest Paid Capitalized
InterestPaidCapitalized
300000
CY2019 us-gaap Interest Paid Capitalized
InterestPaidCapitalized
200000
CY2020Q4 us-gaap Letters Of Credit Outstanding Amount
LettersOfCreditOutstandingAmount
12300000
CY2019Q4 us-gaap Letters Of Credit Outstanding Amount
LettersOfCreditOutstandingAmount
12800000
CY2020Q4 us-gaap Self Insurance Reserve Current
SelfInsuranceReserveCurrent
103898000
CY2019Q4 us-gaap Self Insurance Reserve Current
SelfInsuranceReserveCurrent
107149000
CY2020Q4 us-gaap Accrued Vacation Current
AccruedVacationCurrent
51728000
CY2019Q4 us-gaap Accrued Vacation Current
AccruedVacationCurrent
47730000
CY2020Q4 us-gaap Accrued Salaries Current
AccruedSalariesCurrent
67690000
CY2019Q4 us-gaap Accrued Salaries Current
AccruedSalariesCurrent
52720000
CY2020Q4 us-gaap Accrual For Taxes Other Than Income Taxes Current
AccrualForTaxesOtherThanIncomeTaxesCurrent
10468000
CY2019Q4 us-gaap Accrual For Taxes Other Than Income Taxes Current
AccrualForTaxesOtherThanIncomeTaxesCurrent
8722000
CY2020Q4 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
12962000
CY2019Q4 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
16000000
CY2020Q4 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
246746000
CY2019Q4 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
232321000
CY2020 us-gaap Net Income Loss
NetIncomeLoss
71100000
CY2019 us-gaap Net Income Loss
NetIncomeLoss
39985000
CY2020 arcb Long Term Cash Incentive Plan Earning Period
LongTermCashIncentivePlanEarningPeriod
P3Y
CY2020Q4 arcb Deferred Compensation Cash Based Arrangements Liability Noncurrent
DeferredCompensationCashBasedArrangementsLiabilityNoncurrent
14200000
CY2019Q4 arcb Deferred Compensation Cash Based Arrangements Liability Noncurrent
DeferredCompensationCashBasedArrangementsLiabilityNoncurrent
13700000
CY2018Q4 arcb Deferred Compensation Cash Based Arrangements Liability Noncurrent
DeferredCompensationCashBasedArrangementsLiabilityNoncurrent
18300000
CY2020Q4 us-gaap Cash Surrender Value Of Life Insurance
CashSurrenderValueOfLifeInsurance
55700000
CY2019Q4 us-gaap Cash Surrender Value Of Life Insurance
CashSurrenderValueOfLifeInsurance
53200000
CY2020 arcb Life Insurance Policy Recognized Gains
LifeInsurancePolicyRecognizedGains
2300000
CY2019 arcb Life Insurance Policy Recognized Gains
LifeInsurancePolicyRecognizedGains
3700000
CY2020Q1 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.08
CY2020Q1 us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
2033000
CY2019Q1 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.08
CY2019Q1 us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
2052000
CY2020Q2 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.08
CY2020Q2 us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
2049000
CY2019Q2 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.08
CY2019Q2 us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
2050000
CY2020Q3 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.08
CY2020Q3 us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
2040000
CY2019Q3 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.08
CY2019Q3 us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
2043000
CY2020Q4 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.08
CY2020Q4 us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
2035000
CY2019Q4 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.08
CY2019Q4 us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
2042000
CY2020Q4 us-gaap Treasury Stock Common Shares
TreasuryStockCommonShares
3656938
CY2019Q4 us-gaap Treasury Stock Common Shares
TreasuryStockCommonShares
3404639
CY2020Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Authorized
ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAuthorized
4300000
CY2019 us-gaap Costs And Expenses
CostsAndExpenses
2924540000
CY2018 us-gaap Costs And Expenses
CostsAndExpenses
2984690000
CY2018 us-gaap Net Income Loss
NetIncomeLoss
67262000
CY2019 us-gaap Participating Securities Distributed And Undistributed Earnings Loss Basic
ParticipatingSecuritiesDistributedAndUndistributedEarningsLossBasic
22000
CY2018 us-gaap Participating Securities Distributed And Undistributed Earnings Loss Basic
ParticipatingSecuritiesDistributedAndUndistributedEarningsLossBasic
150000
CY2020 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
71100000
CY2019 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
39963000
CY2018 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
67112000
CY2020 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
25410232
CY2019 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
25535529
CY2018 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
25679736
CY2020 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
2.80
CY2019 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.56
CY2018 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
2.61
CY2020 us-gaap Net Income Loss
NetIncomeLoss
71100000
CY2019 us-gaap Net Income Loss
NetIncomeLoss
39985000
CY2018 us-gaap Net Income Loss
NetIncomeLoss
67262000
CY2019 us-gaap Participating Securities Distributed And Undistributed Earnings Loss Diluted
ParticipatingSecuritiesDistributedAndUndistributedEarningsLossDiluted
21000
CY2018 us-gaap Participating Securities Distributed And Undistributed Earnings Loss Diluted
ParticipatingSecuritiesDistributedAndUndistributedEarningsLossDiluted
145000
CY2020 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
71100000
CY2019 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
39964000
CY2018 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
67117000
CY2020 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
25410232
CY2019 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
25535529
CY2018 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
25679736
CY2020 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
1012291
CY2019 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
914526
CY2018 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
1019095
CY2020 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
26422523
CY2019 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
26450055
CY2018 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
26698831
CY2020 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
2.69
CY2019 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.51
CY2018 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
2.51
CY2020 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
2940163000
CY2019 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
2988310000
CY2018 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
3093788000
CY2020 us-gaap Costs And Expenses
CostsAndExpenses
2841885000
CY2020 us-gaap Operating Income Loss
OperatingIncomeLoss
98278000
CY2019 us-gaap Operating Income Loss
OperatingIncomeLoss
63770000
CY2018 us-gaap Operating Income Loss
OperatingIncomeLoss
109098000
CY2020 us-gaap Investment Income Interest And Dividend
InvestmentIncomeInterestAndDividend
3616000
CY2019 us-gaap Investment Income Interest And Dividend
InvestmentIncomeInterestAndDividend
6453000
CY2018 us-gaap Investment Income Interest And Dividend
InvestmentIncomeInterestAndDividend
3914000
CY2020 us-gaap Interest And Debt Expense
InterestAndDebtExpense
11697000
CY2019 us-gaap Interest And Debt Expense
InterestAndDebtExpense
11467000
CY2019 arcb Nonoperating Income Expense And Interest And Debt Expense
NonoperatingIncomeExpenseAndInterestAndDebtExpense
-12299000
CY2018 arcb Nonoperating Income Expense And Interest And Debt Expense
NonoperatingIncomeExpenseAndInterestAndDebtExpense
-24712000
CY2020 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
92496000
CY2019 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
51471000
CY2018 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
84386000
CY2020 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
2940163000
CY2018 us-gaap Interest And Debt Expense
InterestAndDebtExpense
9468000
CY2020 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
2299000
CY2019 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-7285000
CY2018 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-19158000
CY2020 arcb Nonoperating Income Expense And Interest And Debt Expense
NonoperatingIncomeExpenseAndInterestAndDebtExpense
-5782000
CY2019 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
2988310000
CY2018 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
3093788000
CY2020 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
2940163000
CY2019 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
2988310000
CY2018 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
3093788000
CY2020 us-gaap Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
105051000
CY2019 us-gaap Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
160684000
CY2018 us-gaap Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
137675000
CY2020 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
118391000
CY2019 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
112466000
CY2018 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
108635000
CY2020 us-gaap Labor And Related Expense
LaborAndRelatedExpense
1368588000
CY2019 us-gaap Labor And Related Expense
LaborAndRelatedExpense
1408409000
CY2018 us-gaap Labor And Related Expense
LaborAndRelatedExpense
1398348000
CY2020 arcb Rents Purchased Transportation Other Costs Of Services
RentsPurchasedTransportationOtherCostsOfServices
974835000
CY2019 arcb Rents Purchased Transportation Other Costs Of Services
RentsPurchasedTransportationOtherCostsOfServices
934958000
CY2018 arcb Rents Purchased Transportation Other Costs Of Services
RentsPurchasedTransportationOtherCostsOfServices
989006000
CY2020 arcb Fuel Supplies And Expenses
FuelSuppliesAndExpenses
250221000
CY2019 arcb Fuel Supplies And Expenses
FuelSuppliesAndExpenses
316047000
CY2018 arcb Fuel Supplies And Expenses
FuelSuppliesAndExpenses
325126000
CY2020 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
118391000
CY2019 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
112466000
CY2018 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
108635000
CY2020 us-gaap Other Cost And Expense Operating
OtherCostAndExpenseOperating
129850000
CY2019 us-gaap Other Cost And Expense Operating
OtherCostAndExpenseOperating
126146000
CY2018 us-gaap Other Cost And Expense Operating
OtherCostAndExpenseOperating
123998000
CY2019 us-gaap Asset Impairment Charges
AssetImpairmentCharges
26514000
CY2018 arcb Multiemployer Pension Fund Withdrawal Liability Charge
MultiemployerPensionFundWithdrawalLiabilityCharge
37922000
CY2018 us-gaap Restructuring Charges
RestructuringCharges
1655000
CY2020 us-gaap Costs And Expenses
CostsAndExpenses
2841885000
CY2019 us-gaap Costs And Expenses
CostsAndExpenses
2924540000
CY2018 us-gaap Costs And Expenses
CostsAndExpenses
2984690000
CY2018 us-gaap Restructuring Charges
RestructuringCharges
1700000
CY2020Q1 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
701399000
CY2020Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
627370000
CY2020Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
794980000
CY2020Q4 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
816414000
CY2020Q1 us-gaap Costs And Expenses
CostsAndExpenses
693580000
CY2020Q2 us-gaap Costs And Expenses
CostsAndExpenses
606945000
CY2020Q3 us-gaap Costs And Expenses
CostsAndExpenses
755198000
CY2020Q4 us-gaap Costs And Expenses
CostsAndExpenses
786162000
CY2020Q1 us-gaap Operating Income Loss
OperatingIncomeLoss
7819000
CY2020Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
20425000
CY2020Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
39782000
CY2020Q4 us-gaap Operating Income Loss
OperatingIncomeLoss
30252000
CY2020Q1 arcb Nonoperating Income Expense And Interest And Debt Expense
NonoperatingIncomeExpenseAndInterestAndDebtExpense
-5434000
CY2020Q2 arcb Nonoperating Income Expense And Interest And Debt Expense
NonoperatingIncomeExpenseAndInterestAndDebtExpense
309000
CY2020Q3 arcb Nonoperating Income Expense And Interest And Debt Expense
NonoperatingIncomeExpenseAndInterestAndDebtExpense
-604000
CY2020Q4 arcb Nonoperating Income Expense And Interest And Debt Expense
NonoperatingIncomeExpenseAndInterestAndDebtExpense
-53000
CY2020Q1 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
483000
CY2020Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
4854000
CY2020Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
9774000
CY2020Q4 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
6285000
CY2020Q1 us-gaap Net Income Loss
NetIncomeLoss
1902000
CY2020Q2 us-gaap Net Income Loss
NetIncomeLoss
15880000
CY2020Q3 us-gaap Net Income Loss
NetIncomeLoss
29404000
CY2020Q4 us-gaap Net Income Loss
NetIncomeLoss
23914000
CY2020Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.07
CY2020Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.62
CY2020Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.15
CY2020Q4 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.94
CY2020Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.07
CY2020Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.61
CY2020Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.11
CY2020Q4 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.89
CY2020Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
25390377
CY2020Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
25463559
CY2019Q4 arcb Noncash Impairment Charge After Tax
NoncashImpairmentChargeAfterTax
19800000
CY2019Q4 arcb Noncash Impairment Charge Diluted Per Share
NoncashImpairmentChargeDilutedPerShare
0.78
CY2020Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
25470094
CY2020Q4 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
25427449
CY2020Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
26246800
CY2020Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
26217957
CY2020Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
26592457
CY2020Q4 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
26734287
CY2019Q1 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
711839000
CY2019Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
771490000
CY2019Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
787563000
CY2019Q4 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
717418000
CY2019Q1 us-gaap Costs And Expenses
CostsAndExpenses
703248000
CY2019Q2 us-gaap Costs And Expenses
CostsAndExpenses
736290000
CY2019Q3 us-gaap Costs And Expenses
CostsAndExpenses
756355000
CY2019Q4 us-gaap Costs And Expenses
CostsAndExpenses
728647000
CY2019Q1 us-gaap Operating Income Loss
OperatingIncomeLoss
8591000
CY2019Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
35200000
CY2019Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
31208000
CY2019Q4 us-gaap Operating Income Loss
OperatingIncomeLoss
-11229000
CY2019Q1 arcb Nonoperating Income Expense And Interest And Debt Expense
NonoperatingIncomeExpenseAndInterestAndDebtExpense
-1995000
CY2019Q2 arcb Nonoperating Income Expense And Interest And Debt Expense
NonoperatingIncomeExpenseAndInterestAndDebtExpense
-1640000
CY2019Q3 arcb Nonoperating Income Expense And Interest And Debt Expense
NonoperatingIncomeExpenseAndInterestAndDebtExpense
-7866000
CY2019Q4 arcb Nonoperating Income Expense And Interest And Debt Expense
NonoperatingIncomeExpenseAndInterestAndDebtExpense
-798000
CY2019Q1 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
1708000
CY2019Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
9184000
CY2019Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
7072000
CY2019Q4 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-6478000
CY2019Q1 us-gaap Net Income Loss
NetIncomeLoss
4888000
CY2019Q2 us-gaap Net Income Loss
NetIncomeLoss
24376000
CY2019Q3 us-gaap Net Income Loss
NetIncomeLoss
16270000
CY2019Q4 us-gaap Net Income Loss
NetIncomeLoss
-5549000
CY2019Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.19
CY2019Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.95
CY2019Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.64
CY2019Q4 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.22
CY2019Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.18
CY2019Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.92
CY2019Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.62
CY2019Q4 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.22
CY2019Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
25570415
CY2019Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
25554286
CY2019Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
25527982
CY2019Q4 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
25490393
CY2019Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
26512349
CY2019Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
26431592
CY2019Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
26416595
CY2019Q4 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
25490393
CY2019Q4 us-gaap Asset Impairment Charges
AssetImpairmentCharges
26500000

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