2018 Q2 Form 10-Q Financial Statement

#000079923318000036 Filed on August 09, 2018

View on sec.gov

Income Statement

Concept 2018 Q2 2017 Q3 2017 Q2
Revenue $155.8M $182.1M $129.6M
YoY Change 20.22% 21.97% -19.39%
Cost Of Revenue
YoY Change
Gross Profit
YoY Change
Gross Profit Margin
Selling, General & Admin $108.5M $139.8M $86.50M
YoY Change 25.43% 35.99% -20.71%
% of Gross Profit
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $24.90M $28.80M $22.70M
YoY Change 9.69% 5.88% -12.36%
% of Gross Profit
Operating Expenses $139.1M $176.6M $114.6M
YoY Change 21.38% 34.91% -18.61%
Operating Profit $22.15M $13.00M $21.31M
YoY Change 3.91% -34.72% -13.03%
Interest Expense $400.0K $175.0K $400.0K
YoY Change 0.0% 300.0%
% of Operating Profit 1.81% 1.35% 1.88%
Other Income/Expense, Net
YoY Change
Pretax Income $22.57M $13.06M $21.74M
YoY Change 3.83% -34.81% -11.7%
Income Tax $4.767M $5.146M $7.121M
% Of Pretax Income 21.12% 39.4% 32.76%
Net Earnings $17.80M $7.916M $14.62M
YoY Change 21.8% -36.81% -10.7%
Net Earnings / Revenue 11.42% 4.35% 11.28%
Basic Earnings Per Share $0.22 $0.10 $0.18
Diluted Earnings Per Share $0.22 $0.09 $0.18
COMMON SHARES
Basic Shares Outstanding 82.33M shares 83.30M shares 83.29M shares
Diluted Shares Outstanding 82.37M shares 83.33M shares 83.34M shares

Balance Sheet

Concept 2018 Q2 2017 Q3 2017 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $106.4M $51.30M $171.3M
YoY Change -37.89% -48.85% 120.75%
Cash & Equivalents $106.4M $51.29M $171.3M
Short-Term Investments
Other Short-Term Assets $17.03M $2.426M $24.74M
YoY Change -31.14% -74.18% 115.7%
Inventory
Prepaid Expenses
Receivables $58.48M $70.76M $43.84M
Other Receivables $4.300M $7.500M $3.000M
Total Short-Term Assets $196.2M $171.7M $252.4M
YoY Change -22.29% -2.8% 55.21%
LONG-TERM ASSETS
Property, Plant & Equipment $416.7M $71.96M $373.8M
YoY Change 11.46% -83.52% -17.06%
Goodwill $132.4M $0.00 $100.2M
YoY Change 32.13% -100.0% 0.0%
Intangibles $15.70M $15.03M $11.13M
YoY Change 41.09% 19.57% -14.73%
Long-Term Investments
YoY Change
Other Assets $21.14M $1.244M $12.20M
YoY Change 73.3% -89.04% 8.28%
Total Long-Term Assets $589.1M -$14.64M $498.7M
YoY Change 18.12% -102.59% -13.93%
TOTAL ASSETS
Total Short-Term Assets $196.2M $171.7M $252.4M
Total Long-Term Assets $589.1M -$14.64M $498.7M
Total Assets $785.3M $157.1M $751.1M
YoY Change 4.54% -78.82% 1.22%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $11.80M $26.40M $10.00M
YoY Change 18.0% 57.14% -53.49%
Accrued Expenses $56.50M $66.00M $52.30M
YoY Change 8.03% 10.0% -14.26%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $68.35M $92.39M $62.31M
YoY Change 9.68% 20.39% -24.53%
LONG-TERM LIABILITIES
Long-Term Debt $0.00 $0.00 $0.00
YoY Change
Other Long-Term Liabilities $63.80M $72.10M $64.10M
YoY Change -0.47% 1702.5% 701.25%
Total Long-Term Liabilities $135.1M $167.8M $157.5M
YoY Change -14.22% -1.72% -10.6%
TOTAL LIABILITIES
Total Short-Term Liabilities $68.35M $92.39M $62.31M
Total Long-Term Liabilities $135.1M $167.8M $157.5M
Total Liabilities $203.5M $260.2M $219.8M
YoY Change -7.44% 5.14% -15.04%
SHAREHOLDERS EQUITY
Retained Earnings $722.0M $657.2M $651.0M
YoY Change 10.92% 7.0% 7.89%
Common Stock $4.369M $4.254M $4.359M
YoY Change 0.23% 0.57% 1.73%
Preferred Stock
YoY Change
Treasury Stock (at cost) $144.6M $124.0M $124.0M
YoY Change 16.6% -0.19% -0.23%
Treasury Stock Shares 8.538M shares 7.386M shares 7.392M shares
Shareholders Equity $581.8M $537.5M $531.3M
YoY Change
Total Liabilities & Shareholders Equity $785.3M $797.7M $751.1M
YoY Change 4.54% 7.55% 1.22%

Cashflow Statement

Concept 2018 Q2 2017 Q3 2017 Q2
OPERATING ACTIVITIES
Net Income $17.80M $7.916M $14.62M
YoY Change 21.8% -36.81% -10.7%
Depreciation, Depletion And Amortization $24.90M $28.80M $22.70M
YoY Change 9.69% 5.88% -12.36%
Cash From Operating Activities $37.50M $26.40M $18.70M
YoY Change 100.53% -37.59% -15.0%
INVESTING ACTIVITIES
Capital Expenditures -$54.90M -$54.70M -$32.60M
YoY Change 68.4% 98.19% -17.47%
Acquisitions $86.73M
YoY Change
Other Investing Activities $38.20M -$55.90M $24.10M
YoY Change 58.51% -676.29% -10.74%
Cash From Investing Activities -$16.60M -$110.5M -$8.500M
YoY Change 95.29% 513.89% -31.45%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -21.30M -25.00M -1.800M
YoY Change 1083.33% 1370.59% 5.88%
NET CHANGE
Cash From Operating Activities 37.50M 26.40M 18.70M
Cash From Investing Activities -16.60M -110.5M -8.500M
Cash From Financing Activities -21.30M -25.00M -1.800M
Net Change In Cash -400.0K -109.1M 8.400M
YoY Change -104.76% -582.74% 6.33%
FREE CASH FLOW
Cash From Operating Activities $37.50M $26.40M $18.70M
Capital Expenditures -$54.90M -$54.70M -$32.60M
Free Cash Flow $92.40M $81.10M $51.30M
YoY Change 80.12% 16.02% -16.59%

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CY2017Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
83294000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
82817000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
83293000 shares
CY2018Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
82368000 shares
CY2017Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
83338000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
82855000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
83337000 shares
CY2018Q2 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.02
CY2017Q2 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.02
us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.04
us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.04
CY2017Q4 us-gaap Stockholders Equity
StockholdersEquity
574645000 USD
us-gaap Net Income Loss
NetIncomeLoss
31182000 USD
us-gaap Dividends Common Stock
DividendsCommonStock
3311000 USD
us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
20922000 USD
us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
195000 USD
CY2018Q2 us-gaap Stockholders Equity
StockholdersEquity
581789000 USD
us-gaap Net Income Loss
NetIncomeLoss
31182000 USD
us-gaap Net Income Loss
NetIncomeLoss
28653000 USD
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
50743000 USD
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
45565000 USD
us-gaap Increase Decrease In Deferred Income Taxes
IncreaseDecreaseInDeferredIncomeTaxes
-4367000 USD
us-gaap Increase Decrease In Deferred Income Taxes
IncreaseDecreaseInDeferredIncomeTaxes
-1189000 USD
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
319000 USD
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
281000 USD
us-gaap Gain Loss On Disposition Of Assets
GainLossOnDispositionOfAssets
8254000 USD
us-gaap Gain Loss On Disposition Of Assets
GainLossOnDispositionOfAssets
12375000 USD
us-gaap Increase Decrease In Receivables
IncreaseDecreaseInReceivables
-5810000 USD
us-gaap Increase Decrease In Receivables
IncreaseDecreaseInReceivables
-3000000 USD
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
2087000 USD
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
5356000 USD
us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
-11073000 USD
us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
-7650000 USD
us-gaap Increase Decrease In Accrued Income Taxes Payable
IncreaseDecreaseInAccruedIncomeTaxesPayable
-1286000 USD
us-gaap Increase Decrease In Accrued Income Taxes Payable
IncreaseDecreaseInAccruedIncomeTaxesPayable
-2474000 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
69721000 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
50833000 USD
us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
64359000 USD
us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
48955000 USD
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
86936000 USD
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
50213000 USD
us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
-460000 USD
us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
678000 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-22117000 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-1936000 USD
us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
3311000 USD
us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
3334000 USD
us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
124000 USD
us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
118000 USD
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
20922000 USD
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
0 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-24357000 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-3452000 USD
us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
23247000 USD
us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
45445000 USD
CY2017Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
106098000 USD
CY2016Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
150225000 USD
CY2018Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
129345000 USD
CY2017Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
195670000 USD
us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
1598000 USD
us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
14023000 USD
us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
511000 USD
us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
1163000 USD
us-gaap Increase Decrease In Restricted Cash And Investments
IncreaseDecreaseInRestrictedCashAndInvestments
5600000 USD
us-gaap Increase Decrease In Restricted Cash And Investments
IncreaseDecreaseInRestrictedCashAndInvestments
3904000 USD
CY2018Q2 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
106402000 USD
CY2017Q2 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
171292000 USD
CY2018Q2 us-gaap Restricted Cash And Investments Current
RestrictedCashAndInvestmentsCurrent
2819000 USD
CY2017Q2 us-gaap Restricted Cash And Investments Current
RestrictedCashAndInvestmentsCurrent
12857000 USD
CY2018Q2 us-gaap Restricted Cash And Cash Equivalents Noncurrent
RestrictedCashAndCashEquivalentsNoncurrent
20124000 USD
CY2017Q2 us-gaap Restricted Cash And Cash Equivalents Noncurrent
RestrictedCashAndCashEquivalentsNoncurrent
11521000 USD
CY2018Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
129345000 USD
CY2017Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
195670000 USD
us-gaap Prior Period Reclassification Adjustment
PriorPeriodReclassificationAdjustment
2700000 USD
us-gaap Use Of Estimates
UseOfEstimates
Use of Estimates<div style="line-height:120%;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div>The preparation of the consolidated financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period.  Actual results could differ from those estimates.
CY2018Q2 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
22900000 USD
CY2018Q2 us-gaap Restricted Cash And Investments Current
RestrictedCashAndInvestmentsCurrent
2800000 USD
CY2018Q2 us-gaap Restricted Cash And Cash Equivalents Noncurrent
RestrictedCashAndCashEquivalentsNoncurrent
20100000 USD
CY2017Q4 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
30700000 USD
CY2017Q4 us-gaap Restricted Cash And Investments Current
RestrictedCashAndInvestmentsCurrent
7900000 USD
CY2017Q4 us-gaap Restricted Cash And Cash Equivalents Noncurrent
RestrictedCashAndCashEquivalentsNoncurrent
22800000 USD
htld Amortization Period Of Tires
AmortizationPeriodOfTires
P2Y
us-gaap Increase Decrease In Restricted Cash And Investments
IncreaseDecreaseInRestrictedCashAndInvestments
5600000 USD
CY2017 us-gaap Increase Decrease In Restricted Cash And Investments
IncreaseDecreaseInRestrictedCashAndInvestments
900000 USD
htld Increase Decreasein Intangible Assets Non Current
IncreaseDecreaseinIntangibleAssetsNonCurrent
0 USD
CY2018Q2 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
700000 USD
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
1300000 USD
CY2017Q2 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
500000 USD
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
1000000.0 USD
us-gaap Number Of Reportable Segments
NumberOfReportableSegments
1 segments
CY2018Q2 us-gaap Revenues
Revenues
155800000 USD
CY2017Q2 us-gaap Revenues
Revenues
129600000 USD
us-gaap Revenues
Revenues
312500000 USD
us-gaap Revenues
Revenues
259500000 USD
CY2018Q2 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
25900000 USD
CY2018Q2 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
10200000 USD
CY2018Q2 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
15700000 USD
CY2017Q4 us-gaap Goodwill
Goodwill
132410000 USD
CY2017Q3 us-gaap Goodwill
Goodwill
0 USD
CY2018Q2 us-gaap Goodwill
Goodwill
132410000 USD
CY2018Q2 us-gaap Net Income Loss
NetIncomeLoss
17803000 USD
CY2018Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
82330000 shares
CY2018Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.22
CY2018Q2 us-gaap Amount Of Dilutive Securities Stock Options And Restrictive Stock Units
AmountOfDilutiveSecuritiesStockOptionsAndRestrictiveStockUnits
0 USD
CY2018Q2 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
38000 shares
CY2018Q2 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
17803000 USD
CY2018Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
82368000 shares
CY2018Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.22
CY2017Q2 us-gaap Net Income Loss
NetIncomeLoss
14616000 USD
CY2017Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
83294000 shares
CY2017Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.18
CY2017Q2 us-gaap Amount Of Dilutive Securities Stock Options And Restrictive Stock Units
AmountOfDilutiveSecuritiesStockOptionsAndRestrictiveStockUnits
0 USD
CY2017Q2 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
44000 shares
CY2017Q2 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
14616000 USD
CY2017Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
83338000 shares
CY2017Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.18
us-gaap Net Income Loss
NetIncomeLoss
31182000 USD
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
82817000 shares
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.38
us-gaap Amount Of Dilutive Securities Stock Options And Restrictive Stock Units
AmountOfDilutiveSecuritiesStockOptionsAndRestrictiveStockUnits
0 USD
us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
38000 shares
us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
31182000 USD
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
82855000 shares
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.38
us-gaap Net Income Loss
NetIncomeLoss
28653000 USD
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
83293000 shares
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.34
us-gaap Amount Of Dilutive Securities Stock Options And Restrictive Stock Units
AmountOfDilutiveSecuritiesStockOptionsAndRestrictiveStockUnits
0 USD
us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
44000 shares
us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
28653000 USD
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
83337000 shares
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.34
CY2018Q2 us-gaap Stock Repurchase Program Number Of Shares Authorized To Be Repurchased
StockRepurchaseProgramNumberOfSharesAuthorizedToBeRepurchased
7100000 shares
CY2018Q2 us-gaap Stock Repurchase Program Number Of Shares Authorized To Be Repurchased
StockRepurchaseProgramNumberOfSharesAuthorizedToBeRepurchased
5000000.0 shares
CY2018Q2 us-gaap Treasury Stock Shares Acquired
TreasuryStockSharesAcquired
1100000 shares
us-gaap Treasury Stock Shares Acquired
TreasuryStockSharesAcquired
1200000 shares
CY2017Q2 us-gaap Treasury Stock Shares Acquired
TreasuryStockSharesAcquired
0 shares
CY2018Q2 us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
1700000 USD
us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
3300000 USD
CY2017Q2 us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
1700000 USD
us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
3300000 USD
CY2011Q3 htld Restricted Stock Shares Authorized
RestrictedStockSharesAuthorized
900000 shares
CY2014 htld Weightedaveragefairvaluepriceofstockawardslower
Weightedaveragefairvaluepriceofstockawardslower
21.72
CY2014 htld Weightedaveragefairvaluepriceofstockawardsupper
Weightedaveragefairvaluepriceofstockawardsupper
27.47
CY2015 htld Weightedaveragefairvaluepriceofstockawardslower
Weightedaveragefairvaluepriceofstockawardslower
19.93
CY2015 htld Weightedaveragefairvaluepriceofstockawardsupper
Weightedaveragefairvaluepriceofstockawardsupper
27.29
CY2016 htld Weightedaveragefairvaluepriceofstockawardslower
Weightedaveragefairvaluepriceofstockawardslower
17.06
CY2016 htld Weightedaveragefairvaluepriceofstockawardsupper
Weightedaveragefairvaluepriceofstockawardsupper
18.78
CY2017 htld Weightedaveragefairvaluepriceofstockawardslower
Weightedaveragefairvaluepriceofstockawardslower
20.53
CY2017 htld Weightedaveragefairvaluepriceofstockawardsupper
Weightedaveragefairvaluepriceofstockawardsupper
23.37
htld Weightedaveragefairvaluepriceofstockawardsupper
Weightedaveragefairvaluepriceofstockawardsupper
19.03
CY2018Q2 us-gaap Share Based Compensation
ShareBasedCompensation
200000 USD
us-gaap Share Based Compensation
ShareBasedCompensation
300000 USD
CY2017Q2 us-gaap Share Based Compensation
ShareBasedCompensation
200000 USD
us-gaap Share Based Compensation
ShareBasedCompensation
300000 USD
CY2018Q2 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized
300000 USD
us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Period For Recognition1
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition1
P1Y
CY2018Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber
40200 shares
CY2018Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue
20.79
CY2018Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Shares Issued In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardSharesIssuedInPeriod
5000.0 shares
CY2018Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
19.03
CY2018Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriod
8700 shares
CY2018Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriodWeightedAverageGrantDateFairValue
22.44
CY2018Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Forfeited In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeitedInPeriod
1500 shares
CY2018Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Forfeitures Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeituresWeightedAverageGrantDateFairValue
17.11
CY2018Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber
35000.0 shares
CY2018Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue
20.29
CY2017Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber
53700 shares
CY2017Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue
21.82
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Shares Issued In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardSharesIssuedInPeriod
5000.0 shares
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
19.03
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriod
22200 shares
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriodWeightedAverageGrantDateFairValue
23.91
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Forfeited In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeitedInPeriod
1500 shares
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Forfeitures Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeituresWeightedAverageGrantDateFairValue
17.11
CY2018Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber
35000.0 shares
CY2018Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue
20.29
CY2017Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber
44500 shares
CY2017Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue
20.33
CY2017Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Shares Issued In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardSharesIssuedInPeriod
3000.0 shares
CY2017Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
20.53
CY2017Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriod
7000.0 shares
CY2017Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriodWeightedAverageGrantDateFairValue
24.03
CY2017Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Forfeited In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeitedInPeriod
0 shares
CY2017Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Forfeitures Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeituresWeightedAverageGrantDateFairValue
0
CY2017Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber
40500 shares
CY2017Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue
19.69
CY2016Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber
53000.0 shares
CY2016Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue
21.53
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Shares Issued In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardSharesIssuedInPeriod
3000.0 shares
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
20.53
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriod
15500 shares
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriodWeightedAverageGrantDateFairValue
25.17
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Forfeited In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeitedInPeriod
0 shares
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Forfeitures Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeituresWeightedAverageGrantDateFairValue
0
CY2017Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber
40500 shares
CY2017Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue
19.69
CY2018Q2 us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Accrued
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestAccrued
900000 USD
CY2014Q4 us-gaap Line Of Credit Facility Maximum Borrowing Capacity
LineOfCreditFacilityMaximumBorrowingCapacity
250000000.0 USD
CY2018Q2 us-gaap Line Of Credit Facility Maximum Borrowing Capacity
LineOfCreditFacilityMaximumBorrowingCapacity
175000000.0 USD
us-gaap Line Of Credit Facility Unused Capacity Commitment Fee Percentage
LineOfCreditFacilityUnusedCapacityCommitmentFeePercentage
0.000625
htld Debt Instrument Covenant Leverage Ratio
DebtInstrumentCovenantLeverageRatio
2
htld Debt Covenant Minimum Net Income Requirement
DebtCovenantMinimumNetIncomeRequirement
1.00 USD
htld Debt Covenant Minimum Tangible Net Worth
DebtCovenantMinimumTangibleNetWorth
175000000.0 USD
CY2018Q2 us-gaap Letters Of Credit Outstanding Amount
LettersOfCreditOutstandingAmount
3700000 USD
CY2018Q2 us-gaap Line Of Credit Facility Current Borrowing Capacity
LineOfCreditFacilityCurrentBorrowingCapacity
171300000 USD
CY2018Q2 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
0 USD
CY2018Q2 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.211
CY2017Q2 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.328
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.130
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.308
CY2018Q2 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
3900000 USD
CY2017Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
5800000 USD
CY2018Q2 us-gaap Unrecognized Tax Benefits That Would Impact Effective Tax Rate
UnrecognizedTaxBenefitsThatWouldImpactEffectiveTaxRate
3100000 USD
CY2017Q4 us-gaap Unrecognized Tax Benefits That Would Impact Effective Tax Rate
UnrecognizedTaxBenefitsThatWouldImpactEffectiveTaxRate
4800000 USD
CY2018Q2 us-gaap Unrecognized Tax Benefits Period Increase Decrease
UnrecognizedTaxBenefitsPeriodIncreaseDecrease
-700000 USD
CY2017Q2 us-gaap Unrecognized Tax Benefits Period Increase Decrease
UnrecognizedTaxBenefitsPeriodIncreaseDecrease
-1200000 USD
us-gaap Unrecognized Tax Benefits Period Increase Decrease
UnrecognizedTaxBenefitsPeriodIncreaseDecrease
-1900000 USD
us-gaap Unrecognized Tax Benefits Period Increase Decrease
UnrecognizedTaxBenefitsPeriodIncreaseDecrease
-2900000 USD
CY2017Q4 us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Accrued
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestAccrued
2300000 USD
CY2018Q2 us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Expense
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestExpense
-600000 USD
CY2017Q2 us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Expense
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestExpense
-500000 USD
us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Expense
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestExpense
-1400000 USD
us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Expense
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestExpense
-1300000 USD
CY2017Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
5839000 USD
us-gaap Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromCurrentPeriodTaxPositions
56000 USD
us-gaap Unrecognized Tax Benefits Increases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromPriorPeriodTaxPositions
0 USD
us-gaap Unrecognized Tax Benefits Decreases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsDecreasesResultingFromPriorPeriodTaxPositions
0 USD
us-gaap Unrecognized Tax Benefits Reductions Resulting From Lapse Of Applicable Statute Of Limitations
UnrecognizedTaxBenefitsReductionsResultingFromLapseOfApplicableStatuteOfLimitations
1954000 USD
us-gaap Unrecognized Tax Benefits Decreases Resulting From Settlements With Taxing Authorities
UnrecognizedTaxBenefitsDecreasesResultingFromSettlementsWithTaxingAuthorities
0 USD
CY2018Q2 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
3941000 USD
CY2018Q2 us-gaap Lease And Rental Expense
LeaseAndRentalExpense
1700000 USD
us-gaap Lease And Rental Expense
LeaseAndRentalExpense
3600000 USD
CY2017Q2 us-gaap Lease And Rental Expense
LeaseAndRentalExpense
0.0 USD
us-gaap Lease And Rental Expense
LeaseAndRentalExpense
0.0 USD
CY2018Q2 us-gaap Due To Related Parties Current
DueToRelatedPartiesCurrent
100000 USD
CY2017Q4 us-gaap Due To Related Parties Current
DueToRelatedPartiesCurrent
100000 USD
CY2018Q2 us-gaap Costs And Expenses Related Party
CostsAndExpensesRelatedParty
359000 USD
CY2017Q2 us-gaap Costs And Expenses Related Party
CostsAndExpensesRelatedParty
519000 USD
us-gaap Costs And Expenses Related Party
CostsAndExpensesRelatedParty
742000 USD
us-gaap Costs And Expenses Related Party
CostsAndExpensesRelatedParty
1030000 USD
CY2018Q2 us-gaap Unrecorded Unconditional Purchase Obligation Balance Sheet Amount
UnrecordedUnconditionalPurchaseObligationBalanceSheetAmount
67200000 USD

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