2024 Q1 Form 10-K Financial Statement

#000079923324000005 Filed on February 28, 2024

View on sec.gov

Income Statement

Concept 2024 Q1 2023 Q4 2023
Revenue $270.3M $275.3M $1.207B
YoY Change -18.31% -22.42% 24.74%
Cost Of Revenue
YoY Change
Gross Profit
YoY Change
Gross Profit Margin
Selling, General & Admin $222.5M $223.8M $940.7M
YoY Change -10.45% -14.89% 34.99%
% of Gross Profit
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $46.50M $51.12M $199.0M
YoY Change -4.05% 0.95% 49.6%
% of Gross Profit
Operating Expenses $284.6M $289.9M $1.206B
YoY Change -9.59% -12.92% 37.6%
Operating Profit -$14.38M $42.39M
YoY Change -162.84% -77.5%
Interest Expense -$4.936M -$5.630M -$22.53M
YoY Change -181.25% -1.05% 210.06%
% of Operating Profit -53.16%
Other Income/Expense, Net
YoY Change
Pretax Income -$19.32M $5.075M $19.85M
YoY Change -211.68% -75.21% -89.04%
Income Tax -$4.211M -$20.00K $5.078M
% Of Pretax Income -0.39% 25.58%
Net Earnings -$15.11M $5.095M $14.78M
YoY Change -219.79% -67.11% -88.94%
Net Earnings / Revenue -5.59% 1.85% 1.22%
Basic Earnings Per Share -$0.19 $0.19
Diluted Earnings Per Share -$0.19 $0.06 $0.19
COMMON SHARES
Basic Shares Outstanding 79.05M shares 79.03M shares 79.01M shares
Diluted Shares Outstanding 79.12M shares 79.08M shares

Balance Sheet

Concept 2024 Q1 2023 Q4 2023
SHORT-TERM ASSETS
Cash & Short-Term Investments $23.82M $28.12M $28.12M
YoY Change -57.08% -43.14% -43.14%
Cash & Equivalents $23.82M $28.12M $28.12M
Short-Term Investments
Other Short-Term Assets $23.26M $28.25M $28.25M
YoY Change 17.62% 8.37% -24.38%
Inventory
Prepaid Expenses
Receivables $107.9M $102.7M $102.7M
Other Receivables $5.128M $10.16M $10.16M
Total Short-Term Assets $160.1M $169.3M $169.3M
YoY Change -24.57% -26.33% -26.33%
LONG-TERM ASSETS
Property, Plant & Equipment $855.6M $902.8M $902.8M
YoY Change -8.82% -7.24% -9.2%
Goodwill $322.6M $322.6M
YoY Change 0.6% 0.6%
Intangibles $97.28M $98.54M
YoY Change -5.01% -4.98%
Long-Term Investments
YoY Change
Other Assets $16.87M $16.45M $16.45M
YoY Change -14.12% -17.33% -22.12%
Total Long-Term Assets $1.292B $1.340B $1.340B
YoY Change -7.7% -6.9% -6.9%
TOTAL ASSETS
Total Short-Term Assets $160.1M $169.3M $169.3M
Total Long-Term Assets $1.292B $1.340B $1.340B
Total Assets $1.452B $1.510B $1.510B
YoY Change -9.92% -9.57% -9.57%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $35.70M $37.78M $37.78M
YoY Change -24.82% -39.76% -39.76%
Accrued Expenses $82.78M $76.40M $76.40M
YoY Change 8.69% -4.62% -4.62%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $8.986M $9.303M $9.303M
YoY Change -32.47% 363.07% -33.29%
Total Short-Term Liabilities $127.5M $123.5M $123.5M
YoY Change -13.03% -21.23% -21.23%
LONG-TERM LIABILITIES
Long-Term Debt $254.6M $290.7M $290.7M
YoY Change -27.8% -27.16% -27.16%
Other Long-Term Liabilities $41.76M $41.09M $41.09M
YoY Change -12.19% -18.91% -18.91%
Total Long-Term Liabilities $296.4M $331.8M $331.8M
YoY Change -50.55% -49.52% -26.23%
TOTAL LIABILITIES
Total Short-Term Liabilities $127.5M $123.5M $123.5M
Total Long-Term Liabilities $296.4M $331.8M $331.8M
Total Liabilities $603.7M $644.4M $644.4M
YoY Change -19.06% -20.84% -20.84%
SHAREHOLDERS EQUITY
Retained Earnings $1.043B $1.060B
YoY Change -1.81% 0.8%
Common Stock $5.425M $5.434M
YoY Change 6.29% 7.14%
Preferred Stock
YoY Change
Treasury Stock (at cost) $200.0M $200.3M
YoY Change -0.56% -0.48%
Treasury Stock Shares
Shareholders Equity $848.8M $865.3M $865.3M
YoY Change
Total Liabilities & Shareholders Equity $1.452B $1.510B $1.510B
YoY Change -9.92% -9.57% -9.57%

Cashflow Statement

Concept 2024 Q1 2023 Q4 2023
OPERATING ACTIVITIES
Net Income -$15.11M $5.095M $14.78M
YoY Change -219.79% -67.11% -88.94%
Depreciation, Depletion And Amortization $46.50M $51.12M $199.0M
YoY Change -4.05% 0.95% 49.6%
Cash From Operating Activities $30.98M $40.77M $165.3M
YoY Change -53.38% -50.38% -15.12%
INVESTING ACTIVITIES
Capital Expenditures $4.697M $31.70M $208.6M
YoY Change -88.86% -53.9% 29.91%
Acquisitions $0.00
YoY Change -100.0%
Other Investing Activities $0.00 $45.73M -$3.410M
YoY Change -100.0% 69.72% 729.68%
Cash From Investing Activities $1.952M $13.93M -$67.87M
YoY Change -115.25% -133.33% -89.77%
FINANCING ACTIVITIES
Cash Dividend Paid $6.300M
YoY Change 0.0%
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -$36.72M -47.39M -$120.7M
YoY Change -22.47% -14.86% -133.59%
NET CHANGE
Cash From Operating Activities $30.98M 40.77M $165.3M
Cash From Investing Activities $1.952M 13.93M -$67.87M
Cash From Financing Activities -$36.72M -47.39M -$120.7M
Net Change In Cash -$3.795M 7.310M -$23.29M
YoY Change -160.48% -147.77% -78.69%
FREE CASH FLOW
Cash From Operating Activities $30.98M $40.77M $165.3M
Capital Expenditures $4.697M $31.70M $208.6M
Free Cash Flow $26.28M $9.071M -$43.33M
YoY Change 8.18% -32.37% -226.9%

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Depreciationandamortizationexcludingdepreciationoncommunicationequipment
133047000 usd
CY2023 us-gaap Other Cost And Expense Operating
OtherCostAndExpenseOperating
66393000 usd
CY2022 us-gaap Other Cost And Expense Operating
OtherCostAndExpenseOperating
51420000 usd
CY2021 us-gaap Other Cost And Expense Operating
OtherCostAndExpenseOperating
21400000 usd
CY2023 us-gaap Gain Loss On Disposition Of Assets
GainLossOnDispositionOfAssets
41087000 usd
CY2022 us-gaap Gain Loss On Disposition Of Assets
GainLossOnDispositionOfAssets
96906000 usd
CY2021 us-gaap Gain Loss On Disposition Of Assets
GainLossOnDispositionOfAssets
37438000 usd
CY2023 us-gaap Costs And Expenses
CostsAndExpenses
1165073000 usd
CY2022 us-gaap Costs And Expenses
CostsAndExpenses
779638000 usd
CY2022 us-gaap Costs And Expenses
CostsAndExpenses
779638000 usd
CY2021 us-gaap Costs And Expenses
CostsAndExpenses
501877000 usd
CY2023 us-gaap Operating Income Loss
OperatingIncomeLoss
42385000 usd
CY2022 us-gaap Operating Income Loss
OperatingIncomeLoss
188358000 usd
CY2021 us-gaap Operating Income Loss
OperatingIncomeLoss
105407000 usd
CY2023 us-gaap Investment Income Interest
InvestmentIncomeInterest
1655000 usd
CY2022 us-gaap Investment Income Interest
InvestmentIncomeInterest
1288000 usd
CY2021 us-gaap Investment Income Interest
InvestmentIncomeInterest
640000 usd
CY2023 us-gaap Interest Expense Debt
InterestExpenseDebt
24187000 usd
CY2022 us-gaap Interest Expense Debt
InterestExpenseDebt
8555000 usd
CY2021 us-gaap Interest Expense Debt
InterestExpenseDebt
0 usd
CY2023 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
19853000 usd
CY2022 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
181091000 usd
CY2021 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
106047000 usd
CY2023 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
5078000 usd
CY2022 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
47507000 usd
CY2021 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
26770000 usd
CY2023 htld Net Income
NetIncome
14775000 usd
CY2022 htld Net Income
NetIncome
133584000 usd
CY2021 htld Net Income
NetIncome
79277000 usd
CY2023 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
0 usd
CY2022 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
0 usd
CY2021 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
0 usd
CY2023 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
14775000 usd
CY2022 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
133584000 usd
CY2021 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
79277000 usd
CY2023 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.19
CY2022 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.69
CY2021 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.00
CY2023 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.19
CY2022 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.69
CY2022 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.69
CY2021 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.00
CY2023 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
79010000 shares
CY2022 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
78941000 shares
CY2021 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
79573000 shares
CY2023 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
79079000 shares
CY2022 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
78974000 shares
CY2021 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
79612000 shares
CY2023 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.08
CY2022 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.08
CY2021 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.58
CY2020Q4 us-gaap Stockholders Equity
StockholdersEquity
724334000 usd
CY2021 us-gaap Net Income Loss
NetIncomeLoss
79277000 usd
CY2021 us-gaap Dividends Common Stock
DividendsCommonStock
45872000 usd
CY2021 us-gaap Stock Repurchased During Period Value
StockRepurchasedDuringPeriodValue
31540000 usd
CY2021 us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
903000 usd
CY2021Q4 us-gaap Stockholders Equity
StockholdersEquity
727102000 usd
CY2022 us-gaap Net Income Loss
NetIncomeLoss
133584000 usd
CY2022 us-gaap Dividends Common Stock
DividendsCommonStock
6318000 usd
CY2022 us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
1109000 usd
CY2022Q4 us-gaap Stockholders Equity
StockholdersEquity
855477000 usd
CY2023 us-gaap Net Income Loss
NetIncomeLoss
14775000 usd
CY2023 us-gaap Dividends Common Stock
DividendsCommonStock
6322000 usd
CY2023 us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
1330000 usd
CY2023Q4 us-gaap Stockholders Equity
StockholdersEquity
865260000 usd
CY2023 htld Net Income2
NetIncome2
14775000 usd
CY2022 htld Net Income2
NetIncome2
133584000 usd
CY2021 htld Net Income2
NetIncome2
79277000 usd
CY2023 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
199039000 usd
CY2022 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
133047000 usd
CY2021 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
104232000 usd
CY2023 us-gaap Increase Decrease In Deferred Income Taxes
IncreaseDecreaseInDeferredIncomeTaxes
18081000 usd
CY2022 us-gaap Increase Decrease In Deferred Income Taxes
IncreaseDecreaseInDeferredIncomeTaxes
-2412000 usd
CY2021 us-gaap Increase Decrease In Deferred Income Taxes
IncreaseDecreaseInDeferredIncomeTaxes
5869000 usd
CY2023 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
1620000 usd
CY2022 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
1399000 usd
CY2021 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
1150000 usd
CY2023 us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
1069000 usd
CY2022 us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
360000 usd
CY2021 us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
0 usd
CY2023 us-gaap Gain Loss On Disposition Of Assets
GainLossOnDispositionOfAssets
41087000 usd
CY2022 us-gaap Gain Loss On Disposition Of Assets
GainLossOnDispositionOfAssets
96906000 usd
CY2021 us-gaap Gain Loss On Disposition Of Assets
GainLossOnDispositionOfAssets
37438000 usd
CY2023 us-gaap Increase Decrease In Receivables
IncreaseDecreaseInReceivables
-37079000 usd
CY2022 us-gaap Increase Decrease In Receivables
IncreaseDecreaseInReceivables
-20033000 usd
CY2021 us-gaap Increase Decrease In Receivables
IncreaseDecreaseInReceivables
-2765000 usd
CY2023 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
-9065000 usd
CY2022 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
-845000 usd
CY2021 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
-3657000 usd
CY2023 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
-30998000 usd
CY2022 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
-1227000 usd
CY2021 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
-18476000 usd
CY2023 us-gaap Increase Decrease In Accrued Income Taxes Payable
IncreaseDecreaseInAccruedIncomeTaxesPayable
-7214000 usd
CY2022 us-gaap Increase Decrease In Accrued Income Taxes Payable
IncreaseDecreaseInAccruedIncomeTaxesPayable
1166000 usd
CY2021 us-gaap Increase Decrease In Accrued Income Taxes Payable
IncreaseDecreaseInAccruedIncomeTaxesPayable
-5880000 usd
CY2021 us-gaap Increase Decrease In Accrued Income Taxes Payable
IncreaseDecreaseInAccruedIncomeTaxesPayable
-5880000 usd
CY2023 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
165267000 usd
CY2022 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
194713000 usd
CY2021 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
123418000 usd
CY2023 us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
137319000 usd
CY2022 us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
172750000 usd
CY2021 us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
130184000 usd
CY2023 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
208596000 usd
CY2022 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
160568000 usd
CY2021 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
132640000 usd
CY2023 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
0 usd
CY2022 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
675852000 usd
CY2021 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
0 usd
CY2023 us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
-3410000 usd
CY2022 us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
-411000 usd
CY2021 us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
191000 usd
CY2023 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-67867000 usd
CY2022 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-663259000 usd
CY2021 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-2647000 usd
CY2023 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
6322000 usd
CY2022 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
6318000 usd
CY2021 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
45872000 usd
CY2023 us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
0 usd
CY2022 us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
447343000 usd
CY2021 us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
0 usd
CY2023 us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
290000 usd
CY2022 us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
290000 usd
CY2021 us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
247000 usd
CY2023 us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
114078000 usd
CY2022 us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
81478000 usd
CY2021 us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
0 usd
CY2023 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
0 usd
CY2022 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
0 usd
CY2021 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
32025000 usd
CY2023 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-120690000 usd
CY2022 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
359257000 usd
CY2021 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-78144000 usd
CY2023 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-23290000 usd
CY2022 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-109289000 usd
CY2021 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
42627000 usd
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
64478000 usd
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
173767000 usd
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
131140000 usd
CY2023Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
41188000 usd
CY2023 us-gaap Interest Paid Net
InterestPaidNet
22444000 usd
CY2022 us-gaap Interest Paid Net
InterestPaidNet
6384000 usd
CY2023 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
30135000 usd
CY2022 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
44010000 usd
CY2023 htld Fair Value Of Revenue Equipment Traded
FairValueOfRevenueEquipmentTraded
0 usd
CY2022 htld Fair Value Of Revenue Equipment Traded
FairValueOfRevenueEquipmentTraded
428000 usd
CY2021 htld Fair Value Of Revenue Equipment Traded
FairValueOfRevenueEquipmentTraded
0 usd
CY2023 us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
3912000 usd
CY2022 us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
11938000 usd
CY2023 htld Soldrevenueequipmentinothercurrentassets
Soldrevenueequipmentinothercurrentassets
2516000 usd
CY2023 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
8236000 usd
CY2022 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
3345000 usd
CY2021 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
0 usd
CY2022Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
49462000 usd
CY2021Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
157742000 usd
CY2023Q4 us-gaap Restricted Cash And Investments Current
RestrictedCashAndInvestmentsCurrent
332000 usd
CY2022Q4 us-gaap Restricted Cash And Investments Current
RestrictedCashAndInvestmentsCurrent
752000 usd
CY2021Q4 us-gaap Restricted Cash And Investments Current
RestrictedCashAndInvestmentsCurrent
928000 usd
CY2023Q4 us-gaap Restricted Cash And Investments Noncurrent
RestrictedCashAndInvestmentsNoncurrent
12733000 usd
CY2022Q4 us-gaap Restricted Cash And Investments Noncurrent
RestrictedCashAndInvestmentsNoncurrent
14264000 usd
CY2021Q4 us-gaap Restricted Cash And Investments Noncurrent
RestrictedCashAndInvestmentsNoncurrent
15097000 usd
CY2023Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
41188000 usd
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
64478000 usd
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
173767000 usd
CY2023Q4 us-gaap Held To Maturity Securities
HeldToMaturitySecurities
300000 usd
CY2022Q4 us-gaap Held To Maturity Securities
HeldToMaturitySecurities
800000 usd
CY2022 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.69
CY2023 us-gaap Nature Of Operations
NatureOfOperations
<div><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Nature of Business</span></div><div><span><br/></span></div><div style="text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Heartland Express, Inc. is a holding company incorporated in Nevada, which directly or indirectly owns all of the stock of the following active legal entities: Heartland Express, Inc. of Iowa, Heartland Express Services, Inc., Heartland Express Maintenance Services, Inc. ("Heartland Express"), and Midwest Holding Group, LLC and Millis Transfer, LLC ("Millis Transfer"), and Smith Transport, LLC and Franklin Logistics, LLC ("Smith Transport"), and CFI entities, Transportation Resources, Inc. and Contract Freighters, Inc. (collectively with certain Mexican entities, "CFI"). Effective December 31, 2023, Smith Trucking, Inc. was merged into Smith Transport, Inc. Further, effective December 31, 2023 Smith Transport, Inc. and Franklin Logistics, Inc. were converted to Smith Transport, LLC and Franklin Logistics, LLC, respectively. On May 31, 2022, Heartland Express, Inc. of Iowa acquired Smith Transport, a truckload carrier headquartered in Roaring Spring, Pennsylvania. On August 31, 2022, Heartland Express, Inc. of Iowa acquired CFI's non-dedicated U.S. dry van and temperature-controlled truckload business located in Joplin, Missouri, and certain Mexican entities (collectively "CFI Logistica") operations located in Mexico. We, together with our subsidiaries, are a short, medium, and long-haul truckload carrier and transportation services provider. We primarily provide nationwide asset-based dry van truckload service for major shippers across the United States, along with cross-border freight and other transportation services offered through third party partnerships in Mexico.</span></div>
CY2023 us-gaap Use Of Estimates
UseOfEstimates
<div style="text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Use of Estimates</span></div><div><span><br/></span></div><div style="text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The preparation of the consolidated financial statements in conformity with U.S. generally accepted accounting principles (“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.</span></div>
CY2023 us-gaap Number Of Reportable Segments
NumberOfReportableSegments
1 segments
CY2023Q4 us-gaap Cash Uninsured Amount
CashUninsuredAmount
12800000 usd
CY2023Q4 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
13000000 usd
CY2022Q4 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
15100000 usd
CY2023Q4 us-gaap Restricted Cash And Cash Equivalents At Carrying Value
RestrictedCashAndCashEquivalentsAtCarryingValue
300000 usd
CY2023Q4 us-gaap Restricted Cash And Cash Equivalents Noncurrent
RestrictedCashAndCashEquivalentsNoncurrent
12700000 usd
CY2022Q4 us-gaap Restricted Cash And Cash Equivalents At Carrying Value
RestrictedCashAndCashEquivalentsAtCarryingValue
800000 usd
CY2022Q4 us-gaap Restricted Cash And Cash Equivalents Noncurrent
RestrictedCashAndCashEquivalentsNoncurrent
14300000 usd
CY2023 htld Net Income Loss Eps Details
NetIncomeLossEPSDetails
14775000 usd
CY2023 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
79010000 shares
CY2023 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.19
CY2023 us-gaap Amount Of Dilutive Securities Stock Options And Restrictive Stock Units
AmountOfDilutiveSecuritiesStockOptionsAndRestrictiveStockUnits
0 usd
CY2023 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
69000 shares
CY2023 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
14775000 usd
CY2022 us-gaap Amount Of Dilutive Securities Stock Options And Restrictive Stock Units
AmountOfDilutiveSecuritiesStockOptionsAndRestrictiveStockUnits
0 usd
CY2023Q4 htld Customer Credit Terms Days
CustomerCreditTermsDays
30 d
CY2023Q4 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
2700000 usd
CY2022Q4 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
3300000 usd
CY2023 htld Amortization Period Of Tires
AmortizationPeriodOfTires
two years
CY2023 us-gaap Property Plant And Equipment Impairment
PropertyPlantAndEquipmentImpairment
<div style="text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Impairment of Long-Lived Assets</span></div><div><span><br/></span></div><div style="text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">We periodically evaluate property and equipment and amortizable intangible assets for impairment upon the occurrence of events or changes in circumstances that indicate the carrying amount of assets may not be recoverable. Recoverability of assets to be held and used is evaluated by a comparison of the carrying amount of an asset group to future net undiscounted cash flows expected to be generated by the group. If such assets are considered to be impaired, the impairment to be recognized is measured by the amount over which the carrying amount of the assets exceeds the fair value of the assets. There were no impairment charges recognized during the years ended December 31, 2023, 2022, and 2021.</span></div>
CY2023 us-gaap Asset Impairment Charges
AssetImpairmentCharges
0 usd
CY2023 us-gaap Advertising Expense
AdvertisingExpense
5300000 usd
CY2022 us-gaap Advertising Expense
AdvertisingExpense
4800000 usd
CY2021 us-gaap Advertising Expense
AdvertisingExpense
2200000 usd
CY2023 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
79079000 shares
CY2023 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.19
CY2023 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
0 usd
CY2023 us-gaap Impairment Of Intangible Assets Excluding Goodwill
ImpairmentOfIntangibleAssetsExcludingGoodwill
0 usd
CY2023Q4 htld Health Insurance Reserves
HealthInsuranceReserves
9600000 usd
CY2022Q4 htld Health Insurance Reserves
HealthInsuranceReserves
10000000 usd
CY2023Q4 us-gaap Contract With Customer Asset Net
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1900000 usd
CY2022Q4 us-gaap Contract With Customer Asset Net
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2600000 usd
CY2022 htld Net Income Loss Eps Details
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133584000 usd
CY2022 us-gaap Weighted Average Number Of Shares Outstanding Basic
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78941000 shares
CY2022 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
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33000 shares
CY2022 us-gaap Net Income Loss Available To Common Stockholders Diluted
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133584000 usd
CY2022 us-gaap Weighted Average Number Of Diluted Shares Outstanding
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78974000 shares
CY2022 us-gaap Earnings Per Share Diluted
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1.69
CY2021 htld Net Income Loss Eps Details
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79277000 usd
CY2021 us-gaap Weighted Average Number Of Shares Outstanding Basic
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79573000 shares
CY2021 us-gaap Earnings Per Share Basic
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1.00
CY2021 us-gaap Amount Of Dilutive Securities Stock Options And Restrictive Stock Units
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0 usd
CY2021 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
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39000 shares
CY2021 us-gaap Net Income Loss Available To Common Stockholders Diluted
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79277000 usd
CY2021 us-gaap Weighted Average Number Of Diluted Shares Outstanding
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79612000 shares
CY2021 us-gaap Earnings Per Share Diluted
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1.00
CY2023 htld Portionoftaxbenefitrecordedpositionsmorelikelythannottobesustained
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5 customer
CY2023 htld Concentration Risk Percentage
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0.22
CY2022 htld Concentration Risk Percentage
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0.27
CY2021 htld Concentration Risk Percentage
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0.36
CY2023 htld Concentration Of Risk Number Of Customers
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5 customer
CY2022Q2 us-gaap Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Noncurrent Liabilities Long Term Debt
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11424000 usd
CY2023 htld Revenues Details
RevenuesDetails
1207500000 usd
CY2022 htld Revenues Details
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968000000 usd
CY2021 htld Revenues Details
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607300000 usd
CY2023 htld Fuel Surcharge Revenue
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173800000 usd
CY2022 htld Fuel Surcharge Revenue
FuelSurchargeRevenue
169200000 usd
CY2021 htld Fuel Surcharge Revenue
FuelSurchargeRevenue
76100000 usd
CY2023 us-gaap Revenue From Contract With Customer Including Assessed Tax
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94800000 usd
CY2022 us-gaap Revenue From Contract With Customer Including Assessed Tax
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50700000 usd
CY2021 us-gaap Revenue From Contract With Customer Including Assessed Tax
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11400000 usd
CY2022Q2 htld Business Acquisition Consideration Transferred Smith Transport
BusinessAcquisitionConsiderationTransferredSmithTransport
169400000 usd
CY2022Q2 htld Business Combination Gross Cash Paid Smith Transport
BusinessCombinationGrossCashPaidSmithTransport
140600000 usd
CY2022Q2 htld Business Combination Cash Acquired Smith Transport
BusinessCombinationCashAcquiredSmithTransport
18600000 usd
CY2022Q2 htld Business Combination Long Term Debt Smith Transport
BusinessCombinationLongTermDebtSmithTransport
46800000 usd
CY2023Q4 htld Business Combination Long Term Debt Smith Transport
BusinessCombinationLongTermDebtSmithTransport
26200000 usd
CY2022Q4 htld Acquired Business Percent Of Assets Smith Transport
AcquiredBusinessPercentOfAssetsSmithTransport
0.123 rate
CY2022 htld Acquired Business Percent Of Revenue Smith Transport
AcquiredBusinessPercentOfRevenueSmithTransport
0.133 rate
CY2021 htld Business Acquisition Pro Forma Revenue Smith Transport
BusinessAcquisitionProFormaRevenueSmithTransport
810459000 usd
CY2022 htld Business Acquisition Pro Forma Revenue Smith Transport
BusinessAcquisitionProFormaRevenueSmithTransport
1060718000 usd
CY2021 us-gaap Business Acquisitions Pro Forma Net Income Loss
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96466000 usd
CY2022 us-gaap Business Acquisitions Pro Forma Net Income Loss
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140647000 usd
CY2022Q2 us-gaap Accounts And Other Receivables Net Current
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32300000 usd
CY2022Q2 us-gaap Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Current Assets Other
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedCurrentAssetsOther
6238000 usd
CY2022Q2 us-gaap Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Property Plant And Equipment
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedPropertyPlantAndEquipment
68196000 usd
CY2022Q2 us-gaap Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Capital Lease Obligation
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedCapitalLeaseObligation
26661000 usd
CY2022Q2 us-gaap Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Other Noncurrent Assets
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedOtherNoncurrentAssets
4079000 usd
CY2022Q2 us-gaap Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Intangibles
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedIntangibles
29902000 usd
CY2022Q2 us-gaap Business Combination Recognized Identifiable Assets Acquired Goodwill And Liabilities Assumed Net
BusinessCombinationRecognizedIdentifiableAssetsAcquiredGoodwillAndLiabilitiesAssumedNet
40297000 usd
CY2022Q2 us-gaap Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Assets
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedAssets
207673000 usd
CY2022Q2 us-gaap Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Current Liabilities Accounts Payable
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedCurrentLiabilitiesAccountsPayable
7917000 usd
CY2022Q2 us-gaap Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Current Liabilities Other
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedCurrentLiabilitiesOther
4263000 usd
CY2022Q2 htld Business Combination Finance Lease Liability
BusinessCombinationFinanceLeaseLiability
35359000 usd
CY2022Q2 htld Operating Lease Liabilities
OperatingLeaseLiabilities
26661000 usd
CY2022Q2 htld Net Cash Paid
NetCashPaid
122049000 usd
CY2022Q3 htld Business Combination Gross Cash Paid Smith Transport
BusinessCombinationGrossCashPaidSmithTransport
560600000 usd
CY2022Q3 htld Adjusted Purchase Price
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558600000 usd
CY2022Q3 htld Net Adjustment To Purchase Price
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2000000 usd
CY2022Q3 htld Business Combination Gross Cash Paid Smith Transport
BusinessCombinationGrossCashPaidSmithTransport
560600000 usd
CY2022Q3 htld Business Combination Cash Acquired Smith Transport
BusinessCombinationCashAcquiredSmithTransport
6800000 usd
CY2022Q4 htld Acquired Business Percent Of Assets Cfi
AcquiredBusinessPercentOfAssetsCFI
0.43 rate
CY2022 htld Acquired Business Percent Of Revenue Cfi
AcquiredBusinessPercentOfRevenueCFI
0.216 rate
CY2021 htld Business Acquisition Pro Forma Revenue Cfi
BusinessAcquisitionProFormaRevenueCFI
1152412000 usd
CY2022 htld Business Acquisition Pro Forma Revenue Cfi
BusinessAcquisitionProFormaRevenueCFI
1394552000 usd
CY2021 htld Business Acquisition Pro Forma Net Income Loss Cfi
BusinessAcquisitionProFormaNetIncomeLossCFI
83219000 usd
CY2022 htld Business Acquisition Pro Forma Net Income Loss Cfi
BusinessAcquisitionProFormaNetIncomeLossCFI
174684000 usd
CY2023 htld Goodwill Acquired During Period Cfi2
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1900000 usd
CY2022Q3 us-gaap Accounts And Other Receivables Net Current
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74740000 usd
CY2022Q3 us-gaap Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Current Assets Other
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedCurrentAssetsOther
12596000 usd
CY2022Q3 us-gaap Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Property Plant And Equipment
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedPropertyPlantAndEquipment
459099000 usd
CY2022Q3 us-gaap Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Other Noncurrent Assets
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedOtherNoncurrentAssets
306000 usd
CY2022Q3 htld Business Combination Deferred Income Taxes Asset
BusinessCombinationDeferredIncomeTaxesAsset
2018000 usd
CY2022Q3 us-gaap Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Intangibles
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedIntangibles
55097000 usd
CY2022Q3 us-gaap Business Combination Recognized Identifiable Assets Acquired Goodwill And Liabilities Assumed Net
BusinessCombinationRecognizedIdentifiableAssetsAcquiredGoodwillAndLiabilitiesAssumedNet
114005000 usd
CY2022Q3 us-gaap Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Assets
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedAssets
717861000 usd
CY2022Q3 us-gaap Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Current Liabilities Accounts Payable
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedCurrentLiabilitiesAccountsPayable
47819000 usd
CY2022Q3 us-gaap Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Current Liabilities Other
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedCurrentLiabilitiesOther
1621000 usd
CY2022Q3 htld Business Combination Income Taxes Payable
BusinessCombinationIncomeTaxesPayable
-765000 usd
CY2022Q3 htld Business Combination Deferred Income Taxes Liability
BusinessCombinationDeferredIncomeTaxesLiability
-115922000 usd
CY2022Q3 htld Purchase Consideration Net Of Cash On Hand
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551734000 usd
CY2022Q3 htld Purchase Adjustment Receivable From Seller
PurchaseAdjustmentReceivableFromSeller
2069000 usd
CY2022Q3 htld Net Cash Paid
NetCashPaid
553803000 usd
CY2022 us-gaap Business Combination Acquisition Related Costs
BusinessCombinationAcquisitionRelatedCosts
2300000 usd
CY2023Q4 us-gaap Other Intangible Assets Net
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98500000 usd
CY2023 us-gaap Indefinitelived Intangible Assets Acquired
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31600000 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Net
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66900000 usd
CY2023 us-gaap Finitelived Intangible Assets Acquired1
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CY2023 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
5200000 usd
CY2022 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
3700000 usd
CY2021 us-gaap Amortization Of Intangible Assets
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2400000 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
94575000 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
27662000 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
66913000 usd
CY2022Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
94575000 usd
CY2022Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
22498000 usd
CY2022Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
72077000 usd
CY2022Q4 us-gaap Goodwill
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320675000 usd
CY2023 htld Goodwill Acquired During Period Cfi
GoodwillAcquiredDuringPeriodCFI
1922000 usd
CY2023Q4 us-gaap Goodwill
Goodwill
322597000 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Next Rolling Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextRollingTwelveMonths
5000000 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
5000000 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
5000000 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
5000000 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseYearFive
4900000 usd
CY2022Q3 htld Unsecured Credit Facility
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550000000 usd
CY2022Q3 htld Revolving Facility
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100000000 usd
CY2022Q3 htld Term Facility
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450000000 usd
CY2022Q3 htld Revolving Facility
RevolvingFacility
100000000 usd
CY2022Q3 htld Available Issuance Of Line Of Credit
AvailableIssuanceOfLineOfCredit
50000000 usd
CY2022Q3 htld Swingline Facility
SwinglineFacility
20000000 usd
CY2022Q3 htld Uncommitted Accordion Feature
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275000000 usd
CY2023 htld Max Annual Dividend
MaxAnnualDividend
10000000 usd
CY2023 htld Debt Instrument Covenant Distributions Max Leverage Ratio
DebtInstrumentCovenantDistributionsMaxLeverageRatio
2.5
CY2023 htld Debt Instrument Covenant Maximum Net Leverage Ratio
DebtInstrumentCovenantMaximumNetLeverageRatio
2.75
CY2023 htld Debt Instrument Covenant Minimum Interest Coverage Ratio
DebtInstrumentCovenantMinimumInterestCoverageRatio
3
CY2023 htld Term Sofr One Month Spread
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0.011 rate
CY2023 htld Applicable Margin Base
ApplicableMarginBase
0.01 rate
CY2023Q4 htld Outstanding Debt On Term Facility
OutstandingDebtOnTermFacility
275000000 usd
CY2023Q4 htld Outstanding Debt On Revolving Facility
OutstandingDebtOnRevolvingFacility
0 usd
CY2023Q4 us-gaap Letters Of Credit Outstanding Amount
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12000000 usd
CY2023Q4 us-gaap Line Of Credit Facility Current Borrowing Capacity
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88000000 usd
CY2023Q4 htld Weighted Average Interest Rate Credit Facility
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0.071 rate
CY2022Q2 htld Business Combination Long Term Debt Smith Transport
BusinessCombinationLongTermDebtSmithTransport
46800000 usd
CY2023Q4 htld Business Combination Long Term Debt Smith Transport
BusinessCombinationLongTermDebtSmithTransport
26200000 usd
CY2023Q4 htld Debt
Debt
7700000 usd
CY2023Q4 us-gaap Debt Weighted Average Interest Rate
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0.044 rate
CY2023Q4 htld Finance Lease Obligations
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18500000 usd
CY2023Q4 us-gaap Finance Lease Weighted Average Discount Rate Percent
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0.039 rate
CY2023Q4 us-gaap Finance Lease Weighted Average Remaining Lease Term1
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P1Y8M12D
CY2023Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Next Twelve Months
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1795000 usd
CY2023Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Two
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo
1832000 usd
CY2023Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Three
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree
1913000 usd
CY2023Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Four
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour
276589000 usd
CY2023Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive
569000 usd
CY2023Q4 us-gaap Long Term Debt Maturities Repayments Of Principal After Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFive
11000 usd
CY2023Q4 us-gaap Debt Longterm And Shortterm Combined Amount
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282709000 usd
CY2023Q4 us-gaap Unamortized Debt Issuance Expense
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1228000 usd
CY2023Q4 us-gaap Long Term Debt Current
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1795000 usd
CY2023Q4 us-gaap Long Term Debt
LongTermDebt
279686000 usd
CY2022 us-gaap Gain Loss On Sale Of Properties
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73200000 usd
CY2023 us-gaap Gain Loss On Sale Of Properties
GainLossOnSaleOfProperties
25600000 usd
CY2023Q4 htld Right Of Use Asset Associated With The Leased Terminal Facility
RightOfUseAssetAssociatedWithTheLeasedTerminalFacility
9400000 usd
CY2022Q4 htld Right Of Use Asset Associated With The Leased Terminal Facility
RightOfUseAssetAssociatedWithTheLeasedTerminalFacility
3300000 usd
CY2023Q4 htld Right Of Use Operating Lease Assets
RightOfUseOperatingLeaseAssets
8100000 usd
CY2023Q4 us-gaap Operating Lease Weighted Average Discount Rate Percent
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0.048 rate
CY2023Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
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P2Y
CY2023 us-gaap Operating Lease Cost
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12903000 usd
CY2022 us-gaap Operating Lease Cost
OperatingLeaseCost
9718000 usd
CY2021 us-gaap Operating Lease Cost
OperatingLeaseCost
0 usd
CY2023 us-gaap Finance Lease Interest Expense
FinanceLeaseInterestExpense
1048000 usd
CY2022 us-gaap Finance Lease Interest Expense
FinanceLeaseInterestExpense
772000 usd
CY2021 us-gaap Finance Lease Interest Expense
FinanceLeaseInterestExpense
0 usd
CY2023 us-gaap Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
8825000 usd
CY2022 us-gaap Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
4733000 usd
CY2021 us-gaap Finance Lease Right Of Use Asset Amortization
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0 usd
CY2023 us-gaap Lease Cost
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9873000 usd
CY2022 us-gaap Lease Cost
LeaseCost
5505000 usd
CY2021 us-gaap Lease Cost
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CY2023 htld Total Operating And Finance Lease Cost
TotalOperatingAndFinanceLeaseCost
22776000 usd
CY2022 htld Total Operating And Finance Lease Cost
TotalOperatingAndFinanceLeaseCost
15223000 usd
CY2021 htld Total Operating And Finance Lease Cost
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0 usd
CY2023Q4 us-gaap Increase In Unrecognized Tax Benefits Is Reasonably Possible
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1000000 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
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9901000 usd
CY2023Q4 us-gaap Finance Lease Liability Payments Due Next Twelve Months
FinanceLeaseLiabilityPaymentsDueNextTwelveMonths
8135000 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Two
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6609000 usd
CY2023Q4 us-gaap Finance Lease Liability Payments Due Year Two
FinanceLeaseLiabilityPaymentsDueYearTwo
7557000 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
1587000 usd
CY2023Q4 us-gaap Finance Lease Liability Payments Due Year Three
FinanceLeaseLiabilityPaymentsDueYearThree
3840000 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
320000 usd
CY2023Q4 us-gaap Finance Lease Liability Payments Due Year Four
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0 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Five
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0 usd
CY2023Q4 us-gaap Finance Lease Liability Payments Due Year Five
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CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due After Year Five
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0 usd
CY2023Q4 us-gaap Finance Lease Liability Payments Due After Year Five
FinanceLeaseLiabilityPaymentsDueAfterYearFive
0 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
18417000 usd
CY2023Q4 us-gaap Finance Lease Liability Payments Due
FinanceLeaseLiabilityPaymentsDue
19532000 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
975000 usd
CY2023Q4 us-gaap Finance Lease Liability Undiscounted Excess Amount
FinanceLeaseLiabilityUndiscountedExcessAmount
1014000 usd
CY2023Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
17442000 usd
CY2023Q4 htld Finance Lease Liability2
FinanceLeaseLiability2
18518000 usd
CY2023Q4 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
9259000 usd
CY2023Q4 htld Finance Lease Liability Current2
FinanceLeaseLiabilityCurrent2
7508000 usd
CY2023Q4 us-gaap Operating Lease Liability Noncurrent
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8183000 usd
CY2023Q4 htld Finance Lease Liability Noncurrent2
FinanceLeaseLiabilityNoncurrent2
11010000 usd
CY2023Q4 htld Aggregate Self Insurance Corridor
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3500000 usd
CY2022Q4 htld Aggregate Self Insurance Corridor
AggregateSelfInsuranceCorridor
1000000 usd
CY2023Q4 htld Aggregate Self Insurance Corridor
AggregateSelfInsuranceCorridor
3500000 usd
CY2023Q4 htld Excess Insurance Coverage Limit
ExcessInsuranceCoverageLimit
80000000 usd
CY2023Q4 htld Excess Insurance Coverage Limit
ExcessInsuranceCoverageLimit
80000000 usd
CY2022Q4 htld Excess Insurance Coverage Limit
ExcessInsuranceCoverageLimit
60000000 usd
CY2022Q4 htld Auto Liability50 Exposure Minimum
AutoLiability50ExposureMinimum
5000000 usd
CY2022Q4 htld Auto Liability50 Exposure Maximum
AutoLiability50ExposureMaximum
10000000 usd
CY2023Q4 htld Excess Insurance Coverage Minimum Claims
ExcessInsuranceCoverageMinimumClaims
3000000 usd
CY2023Q4 htld Excess Insurance Coverage Maximum Claims
ExcessInsuranceCoverageMaximumClaims
10000000 usd
CY2023Q4 htld Trust Fund Requirements
TrustFundRequirements
700000 usd
CY2023Q4 htld Trust Fund Balance
TrustFundBalance
900000 usd
CY2022Q4 htld Trust Fund Balance
TrustFundBalance
800000 usd
CY2023Q4 us-gaap Held To Maturity Securities
HeldToMaturitySecurities
300000 usd
CY2023Q4 us-gaap Other Investments
OtherInvestments
600000 usd
CY2022Q4 us-gaap Held To Maturity Securities
HeldToMaturitySecurities
800000 usd
CY2023Q4 htld Letters Of Credit
LettersOfCredit
13500000 usd
CY2023Q4 us-gaap Line Of Credit
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0 usd
CY2023Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Allowance For Doubtful Accounts
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsAllowanceForDoubtfulAccounts
672000 usd
CY2022Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Allowance For Doubtful Accounts
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsAllowanceForDoubtfulAccounts
772000 usd
CY2023Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Accrued Liabilities
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsAccruedLiabilities
4964000 usd
CY2022Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Accrued Liabilities
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsAccruedLiabilities
6383000 usd
CY2023Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Share Based Compensation Cost
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsShareBasedCompensationCost
120000 usd
CY2022Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Share Based Compensation Cost
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsShareBasedCompensationCost
36000 usd
CY2023Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Self Insurance
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsSelfInsurance
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CY2022Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Self Insurance
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Files In Submission

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htld-20231231_htm.xml Edgar Link completed
htld-20231231_pre.xml Edgar Link unprocessable
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