2021 Q4 Form 10-K Financial Statement

#000149269122000012 Filed on February 24, 2022

View on sec.gov

Income Statement

Concept 2021 Q4 2021 2020 Q4
Revenue $1.817B $5.998B $1.278B
YoY Change 42.16% 28.33% 6.78%
Cost Of Revenue $649.2M $2.181B $440.4M
YoY Change 47.4% 33.93% -7.01%
Gross Profit $1.168B $3.817B $837.6M
YoY Change 39.41% 25.34% 15.82%
Gross Profit Margin 64.27% 63.64% 65.54%
Selling, General & Admin $629.4M $2.125B $458.1M
YoY Change 37.4% 19.22% 5.77%
% of Gross Profit 53.9% 55.66% 54.69%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $156.4M $577.9M $131.8M
YoY Change 18.63% 14.06% 9.74%
% of Gross Profit 13.39% 15.14% 15.74%
Operating Expenses $700.8M $2.775B $635.6M
YoY Change 10.26% 22457.8% 2.96%
Operating Profit $466.9M $965.7M $202.0M
YoY Change 131.15% 71.09% 198.93%
Interest Expense -$6.804M $21.14M -$3.600M
YoY Change 89.0% 22.13% -42.86%
% of Operating Profit -1.46% 2.19% -1.78%
Other Income/Expense, Net -$8.112M $8.938M $1.800M
YoY Change -550.67% -316.57% -550.0%
Pretax Income $327.3M $974.6M $192.9M
YoY Change 69.68% 73.95% 107.64%
Income Tax $72.72M $230.9M $50.50M
% Of Pretax Income 22.22% 23.69% 26.18%
Net Earnings $254.6M $743.4M $142.3M
YoY Change 78.93% 81.31% 110.99%
Net Earnings / Revenue 14.01% 12.39% 11.13%
Basic Earnings Per Share $4.48
Diluted Earnings Per Share $1.521M $4.45 $841.5K
COMMON SHARES
Basic Shares Outstanding 166.0M shares 165.9M shares 169.8M shares
Diluted Shares Outstanding 167.1M shares

Balance Sheet

Concept 2021 Q4 2021 2020 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments $261.0M $261.0M $156.7M
YoY Change 66.56% 66.56% -1.88%
Cash & Equivalents $261.0M $261.0M $156.7M
Short-Term Investments
Other Short-Term Assets $26.32M $241.0M $20.99M
YoY Change 25.4% 30.15% -24.63%
Inventory
Prepaid Expenses $90.51M $71.65M
Receivables $911.3M $837.6M $578.5M
Other Receivables $909.0K $74.68M $2.900M
Total Short-Term Assets $1.414B $1.414B $923.4M
YoY Change 53.17% 53.16% 3.75%
LONG-TERM ASSETS
Property, Plant & Equipment $3.555B $3.703B $2.993B
YoY Change 18.8% 19.22% 4.98%
Goodwill $3.515B $2.923B
YoY Change 20.26% 0.14%
Intangibles $1.831B $1.389B
YoY Change 31.8% 0.71%
Long-Term Investments
YoY Change
Other Assets $192.1M $192.1M $126.5M
YoY Change 51.9% 51.88% 73.01%
Total Long-Term Assets $9.241B $9.241B $7.545B
YoY Change 22.49% 22.49% 2.07%
TOTAL ASSETS
Total Short-Term Assets $1.414B $1.414B $923.4M
Total Long-Term Assets $9.241B $9.241B $7.545B
Total Assets $10.66B $10.66B $8.468B
YoY Change 25.83% 25.83% 2.25%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $224.8M $224.8M $101.0M
YoY Change 122.62% 122.62% 1.82%
Accrued Expenses $128.5M $380.9M $88.89M
YoY Change 44.59% 28.13% -49.27%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $262.4M $262.4M $52.60M
YoY Change 398.9% 398.9% -85.58%
Total Short-Term Liabilities $1.075B $1.075B $839.7M
YoY Change 28.0% 28.0% -15.44%
LONG-TERM LIABILITIES
Long-Term Debt $1.832B $1.832B $647.2M
YoY Change 183.1% 183.1%
Other Long-Term Liabilities $11.83M $330.2M $48.50M
YoY Change -75.61% 12.6% 235.5%
Total Long-Term Liabilities $11.83M $2.162B $48.50M
YoY Change -75.61% 129.94% 235.5%
TOTAL LIABILITIES
Total Short-Term Liabilities $1.075B $1.075B $839.7M
Total Long-Term Liabilities $11.83M $2.162B $48.50M
Total Liabilities $4.112B $4.122B $2.596B
YoY Change 58.4% 58.66% -0.67%
SHAREHOLDERS EQUITY
Retained Earnings $2.181B $1.567B
YoY Change 39.21% 12.28%
Common Stock
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $6.533B $6.533B $5.870B
YoY Change
Total Liabilities & Shareholders Equity $10.66B $10.66B $8.468B
YoY Change 25.83% 25.83% 2.25%

Cashflow Statement

Concept 2021 Q4 2021 2020 Q4
OPERATING ACTIVITIES
Net Income $254.6M $743.4M $142.3M
YoY Change 78.93% 81.31% 110.99%
Depreciation, Depletion And Amortization $156.4M $577.9M $131.8M
YoY Change 18.63% 14.06% 9.74%
Cash From Operating Activities $372.6M $1.190B $264.6M
YoY Change 40.83% 29.41% 16.46%
INVESTING ACTIVITIES
Capital Expenditures -$145.6M -$534.1M -$142.4M
YoY Change 2.23% 2.49% -26.6%
Acquisitions $1.496B
YoY Change 3096.27%
Other Investing Activities -$122.4M $5.060M -$2.700M
YoY Change 4433.26% -88.04% -103.43%
Cash From Investing Activities -$268.0M -$1.817B -$145.1M
YoY Change 84.68% 277.93% 25.85%
FINANCING ACTIVITIES
Cash Dividend Paid $63.54M
YoY Change 16.32%
Common Stock Issuance & Retirement, Net $57.18M
YoY Change -68.16%
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -93.98M $779.3M -200.8M
YoY Change -53.2% -275.57% 342.29%
NET CHANGE
Cash From Operating Activities 372.6M $1.190B 264.6M
Cash From Investing Activities -268.0M -$1.817B -145.1M
Cash From Financing Activities -93.98M $779.3M -200.8M
Net Change In Cash 10.67M $152.7M -81.30M
YoY Change -113.12% -3185.15% -222.26%
FREE CASH FLOW
Cash From Operating Activities $372.6M $1.190B $264.6M
Capital Expenditures -$145.6M -$534.1M -$142.4M
Free Cash Flow $518.2M $1.724B $407.0M
YoY Change 27.32% 19.68% -3.37%

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CY2021 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
22771000 USD
CY2020 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
12406000 USD
CY2019 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
9803000 USD
CY2021 us-gaap Right Of Use Asset Obtained In Exchange For Finance Lease Liability
RightOfUseAssetObtainedInExchangeForFinanceLeaseLiability
181234000 USD
CY2020 us-gaap Right Of Use Asset Obtained In Exchange For Finance Lease Liability
RightOfUseAssetObtainedInExchangeForFinanceLeaseLiability
137097000 USD
CY2019 us-gaap Right Of Use Asset Obtained In Exchange For Finance Lease Liability
RightOfUseAssetObtainedInExchangeForFinanceLeaseLiability
0 USD
CY2021Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
261001000 USD
CY2020Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
156699000 USD
CY2019Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
159722000 USD
CY2021Q4 us-gaap Restricted Cash And Cash Equivalents At Carrying Value
RestrictedCashAndCashEquivalentsAtCarryingValue
87241000 USD
CY2020Q4 us-gaap Restricted Cash And Cash Equivalents At Carrying Value
RestrictedCashAndCashEquivalentsAtCarryingValue
39328000 USD
CY2019Q4 us-gaap Restricted Cash And Cash Equivalents At Carrying Value
RestrictedCashAndCashEquivalentsAtCarryingValue
41331000 USD
CY2021Q4 us-gaap Restricted Cash And Cash Equivalents Noncurrent
RestrictedCashAndCashEquivalentsNoncurrent
1781000 USD
CY2020Q4 us-gaap Restricted Cash And Cash Equivalents Noncurrent
RestrictedCashAndCashEquivalentsNoncurrent
1250000 USD
CY2019Q4 us-gaap Restricted Cash And Cash Equivalents Noncurrent
RestrictedCashAndCashEquivalentsNoncurrent
1175000 USD
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
350023000 USD
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
197277000 USD
CY2019Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
202228000 USD
CY2021Q4 knx Numberof Tractors In Fleet
NumberofTractorsInFleet
18019 Vehicle
CY2021Q4 knx Number Of Tractors Driven By Company Drivers
NumberOfTractorsDrivenByCompanyDrivers
16166 Vehicle
CY2021Q4 knx Number Of Owner Operator Tractors
NumberOfOwnerOperatorTractors
1853 Vehicle
CY2021Q4 knx Number Of Trailers In Fleet
NumberOfTrailersInFleet
67606 Vehicle
CY2021Q4 knx Number Of Ltl Tractors
NumberOfLTLTractors
2735 Vehicle
CY2021Q4 knx Number Of Ltl Trailers
NumberOfLTLTrailers
7413 Vehicle
CY2021Q4 knx Number Of Intermodal Tractors
NumberOfIntermodalTractors
597 Vehicle
CY2021Q4 knx Number Of Intermodal Containers
NumberOfIntermodalContainers
10847 Vehicle
CY2021 us-gaap Number Of Reportable Segments
NumberOfReportableSegments
4 Segment
CY2021 us-gaap Use Of Estimates
UseOfEstimates
<div style="margin-bottom:3pt;text-align:justify"><span style="color:#00467e;font-family:'Arial',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:120%">Use of Estimates —</span><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:120%"> </span><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The preparation of the consolidated financial statements, in accordance with GAAP, requires management to make estimates and assumptions about future events that affect the amounts reported in the Company's consolidated financial statements and accompanying notes. On an ongoing basis, management evaluates and periodically adjusts its estimates and assumptions, based on historical experience, the impact of the current economic environment, and other key factors. Volatile energy markets, as well as changes in consumer spending have increased the inherent uncertainty in such estimates and assumptions. As future events and their effects cannot be determined with precision, actual results could differ significantly from these estimates. Significant items subject to such estimates and assumptions include: </span></div><div style="margin-bottom:3pt;padding-left:18pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:120%">•</span><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:14.5pt">carrying amount of property and equipment; </span></div><div style="margin-bottom:3pt;padding-left:18pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:120%">•</span><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:14.5pt">carrying amount of goodwill and intangible assets;</span></div><div style="margin-bottom:3pt;padding-left:18pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:120%">•</span><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:14.5pt">leases;</span></div><div style="margin-bottom:3pt;padding-left:18pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:120%">•</span><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:14.5pt">estimates of claims accruals;</span></div><div style="margin-bottom:3pt;padding-left:18pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:120%">•</span><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:14.5pt">contingent obligations;</span></div><div style="margin-bottom:3pt;padding-left:18pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:120%">•</span><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:14.5pt">calculation of stock-based compensation;</span></div><div style="margin-bottom:3pt;padding-left:18pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:120%">•</span><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:14.5pt">valuation allowance for deferred income tax assets;</span></div><div style="margin-bottom:3pt;padding-left:18pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:120%">•</span><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:14.5pt">valuation allowances for receivables; and</span></div><div style="margin-bottom:12pt;padding-left:18pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:120%">•</span><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:14.5pt">valuation of financial instruments.</span></div>
CY2021 us-gaap Number Of Reportable Segments
NumberOfReportableSegments
4 Segment
CY2021 knx Percentage Of Income Tax Positions Likely To Be Realized
PercentageOfIncomeTaxPositionsLikelyToBeRealized
0.50
CY2021 us-gaap Business Acquisitions Pro Forma Revenue
BusinessAcquisitionsProFormaRevenue
6387329000 USD
CY2020 us-gaap Business Acquisitions Pro Forma Revenue
BusinessAcquisitionsProFormaRevenue
5374934000 USD
CY2021 us-gaap Business Acquisitions Pro Forma Net Income Loss
BusinessAcquisitionsProFormaNetIncomeLoss
763393000 USD
CY2020 us-gaap Business Acquisitions Pro Forma Net Income Loss
BusinessAcquisitionsProFormaNetIncomeLoss
437835000 USD
CY2021 us-gaap Business Acquisition Pro Forma Earnings Per Share Diluted
BusinessAcquisitionProFormaEarningsPerShareDiluted
4.57
CY2020 us-gaap Business Acquisition Pro Forma Earnings Per Share Diluted
BusinessAcquisitionProFormaEarningsPerShareDiluted
2.57
CY2021Q4 knx Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Finite And Definite Lived Intangibles
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedFiniteAndDefiniteLivedIntangibles
168000000 USD
CY2021Q4 us-gaap Held To Maturity Securities
HeldToMaturitySecurities
5866000 USD
CY2021Q4 us-gaap Held To Maturity Securities Accumulated Unrecognized Holding Gain
HeldToMaturitySecuritiesAccumulatedUnrecognizedHoldingGain
0 USD
CY2021Q4 us-gaap Held To Maturity Securities Accumulated Unrecognized Holding Loss
HeldToMaturitySecuritiesAccumulatedUnrecognizedHoldingLoss
7000 USD
CY2021Q4 us-gaap Held To Maturity Securities Fair Value
HeldToMaturitySecuritiesFairValue
5859000 USD
CY2020Q4 us-gaap Held To Maturity Securities
HeldToMaturitySecurities
9001000 USD
CY2020Q4 us-gaap Held To Maturity Securities Accumulated Unrecognized Holding Gain
HeldToMaturitySecuritiesAccumulatedUnrecognizedHoldingGain
2000 USD
CY2020Q4 us-gaap Held To Maturity Securities Accumulated Unrecognized Holding Loss
HeldToMaturitySecuritiesAccumulatedUnrecognizedHoldingLoss
8000 USD
CY2020Q4 us-gaap Held To Maturity Securities Fair Value
HeldToMaturitySecuritiesFairValue
8995000 USD
CY2021 knx Short Term Investment Contractual Maturity
ShortTermInvestmentContractualMaturity
P1Y
CY2021Q4 us-gaap Held To Maturity Securities In Unrealized Loss Positions Qualitative Disclosure Number Of Positions
HeldToMaturitySecuritiesInUnrealizedLossPositionsQualitativeDisclosureNumberOfPositions
11 Securities
CY2020Q4 us-gaap Held To Maturity Securities In Unrealized Loss Positions Qualitative Disclosure Number Of Positions
HeldToMaturitySecuritiesInUnrealizedLossPositionsQualitativeDisclosureNumberOfPositions
16 Securities
CY2020 knx Swft Durationof Securitiesin Unrealized Loss Position
SWFT_DurationofSecuritiesinUnrealizedLossPosition
P12M
CY2021 knx Swft Durationof Securitiesin Unrealized Loss Position
SWFT_DurationofSecuritiesinUnrealizedLossPosition
P12M
CY2021 us-gaap Other Than Temporary Impairment Losses Investments Heldtomaturity Securities
OtherThanTemporaryImpairmentLossesInvestmentsHeldtomaturitySecurities
0 USD
CY2020 us-gaap Other Than Temporary Impairment Losses Investments Heldtomaturity Securities
OtherThanTemporaryImpairmentLossesInvestmentsHeldtomaturitySecurities
0 USD
CY2019 us-gaap Other Than Temporary Impairment Losses Investments Heldtomaturity Securities
OtherThanTemporaryImpairmentLossesInvestmentsHeldtomaturitySecurities
0 USD
CY2021 us-gaap Payments To Acquire Investments
PaymentsToAcquireInvestments
25000000 USD
CY2021Q4 us-gaap Equity Securities Fv Ni Cost
EquitySecuritiesFvNiCost
54500000 USD
CY2021 us-gaap Debt And Equity Securities Unrealized Gain Loss
DebtAndEquitySecuritiesUnrealizedGainLoss
4500000 USD
CY2021Q4 us-gaap Equity Securities Fv Ni Cost
EquitySecuritiesFvNiCost
54467000 USD
CY2020Q4 us-gaap Equity Securities Fv Ni Cost
EquitySecuritiesFvNiCost
0 USD
CY2021Q4 us-gaap Investments
Investments
130236000 USD
CY2020Q4 us-gaap Investments
Investments
77562000 USD
CY2021Q4 us-gaap Accounts Receivable Gross
AccountsReceivableGross
932999000 USD
CY2020Q4 us-gaap Accounts Receivable Gross
AccountsReceivableGross
600572000 USD
CY2021Q4 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
21663000 USD
CY2020Q4 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
22093000 USD
CY2021Q4 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
911336000 USD
CY2020Q4 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
578479000 USD
CY2021Q4 us-gaap Notes Receivable Gross
NotesReceivableGross
17104000 USD
CY2020Q4 us-gaap Notes Receivable Gross
NotesReceivableGross
10325000 USD
CY2021Q4 us-gaap Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
496000 USD
CY2020Q4 us-gaap Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
602000 USD
CY2021Q4 us-gaap Accounts And Notes Receivable Net
AccountsAndNotesReceivableNet
16608000 USD
CY2020Q4 us-gaap Accounts And Notes Receivable Net
AccountsAndNotesReceivableNet
9723000 USD
CY2021Q4 us-gaap Notes And Loans Receivable Net Current
NotesAndLoansReceivableNetCurrent
1848000 USD
CY2020Q4 us-gaap Notes And Loans Receivable Net Current
NotesAndLoansReceivableNetCurrent
2846000 USD
CY2021Q4 us-gaap Notes And Loans Receivable Net Noncurrent
NotesAndLoansReceivableNetNoncurrent
14760000 USD
CY2020Q4 us-gaap Notes And Loans Receivable Net Noncurrent
NotesAndLoansReceivableNetNoncurrent
6877000 USD
CY2021Q4 us-gaap Investment Owned At Cost
InvestmentOwnedAtCost
10000000 USD
CY2021Q4 us-gaap Investment Interest Rate
InvestmentInterestRate
0.120
CY2021 knx Period Assetsare Expected To Be Sold
PeriodAssetsareExpectedToBeSold
P12M
CY2020Q4 us-gaap Goodwill Gross
GoodwillGross
2922964000 USD
CY2019Q4 us-gaap Goodwill Gross
GoodwillGross
2918992000 USD
CY2018Q4 us-gaap Goodwill Gross
GoodwillGross
2919176000 USD
CY2021Q4 us-gaap Goodwill Gross
GoodwillGross
3515135000 USD
CY2021 us-gaap Adjustment For Amortization
AdjustmentForAmortization
-9000 USD
CY2020 us-gaap Adjustment For Amortization
AdjustmentForAmortization
-11000 USD
CY2019 us-gaap Adjustment For Amortization
AdjustmentForAmortization
-232000 USD
CY2021 us-gaap Goodwill Acquired During Period
GoodwillAcquiredDuringPeriod
592180000 USD
CY2020 us-gaap Goodwill Acquired During Period
GoodwillAcquiredDuringPeriod
3983000 USD
CY2019 us-gaap Goodwill Acquired During Period
GoodwillAcquiredDuringPeriod
48000 USD
CY2020Q4 us-gaap Goodwill Gross
GoodwillGross
2922964000 USD
CY2019Q4 us-gaap Goodwill Gross
GoodwillGross
2918992000 USD
CY2021Q4 us-gaap Goodwill
Goodwill
3515135000 USD
CY2020Q4 us-gaap Goodwill
Goodwill
2922964000 USD
CY2021 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
0 USD
CY2019 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
0 USD
CY2020 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
0 USD
CY2021Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
1227630000 USD
CY2020Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
894597000 USD
CY2021Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
201139000 USD
CY2020Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
145852000 USD
CY2021Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
1026491000 USD
CY2020Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
748745000 USD
CY2021Q4 us-gaap Indefinite Lived Intangible Assets Excluding Goodwill
IndefiniteLivedIntangibleAssetsExcludingGoodwill
804558000 USD
CY2020Q4 us-gaap Indefinite Lived Intangible Assets Excluding Goodwill
IndefiniteLivedIntangibleAssetsExcludingGoodwill
640500000 USD
CY2021Q4 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
1831049000 USD
CY2020Q4 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
1389245000 USD
CY2021 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
55299000 USD
CY2020 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
45895000 USD
CY2019 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
42876000 USD
CY2021Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
64700000 USD
CY2021Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
64200000 USD
CY2021Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
64200000 USD
CY2021Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
64100000 USD
CY2021Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseYearFive
62700000 USD
CY2021Q4 us-gaap Accrued Employee Benefits Current
AccruedEmployeeBenefitsCurrent
146326000 USD
CY2020Q4 us-gaap Accrued Employee Benefits Current
AccruedEmployeeBenefitsCurrent
114835000 USD
CY2021Q4 knx Accrued Purchased Transportation
AccruedPurchasedTransportation
70758000 USD
CY2020Q4 knx Accrued Purchased Transportation
AccruedPurchasedTransportation
46053000 USD
CY2021Q4 knx Accrued Payrolland Purchased Transportation
AccruedPayrollandPurchasedTransportation
217084000 USD
CY2020Q4 knx Accrued Payrolland Purchased Transportation
AccruedPayrollandPurchasedTransportation
160888000 USD
CY2021 us-gaap Defined Contribution Plan Maximum Annual Contributions Per Employee Percent
DefinedContributionPlanMaximumAnnualContributionsPerEmployeePercent
0.030
CY2021 us-gaap Defined Contribution Plan Maximum Annual Contributions Per Employee Amount
DefinedContributionPlanMaximumAnnualContributionsPerEmployeeAmount
2000 USD
CY2021 us-gaap Defined Contribution Plan Cost Recognized
DefinedContributionPlanCostRecognized
16200000 USD
CY2020 us-gaap Defined Contribution Plan Cost Recognized
DefinedContributionPlanCostRecognized
13600000 USD
CY2019 us-gaap Defined Contribution Plan Cost Recognized
DefinedContributionPlanCostRecognized
8800000 USD
CY2021Q4 us-gaap Postemployment Benefits Liability Current And Noncurrent
PostemploymentBenefitsLiabilityCurrentAndNoncurrent
14500000 USD
CY2020Q4 us-gaap Postemployment Benefits Liability Current And Noncurrent
PostemploymentBenefitsLiabilityCurrentAndNoncurrent
12800000 USD
CY2021 us-gaap Schedule Of Liability For Unpaid Claims And Claims Adjustment Expense
ScheduleOfLiabilityForUnpaidClaimsAndClaimsAdjustmentExpense
<div style="text-align:justify"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Claims accruals were comprised of the following: </span></div><div style="margin-bottom:1pt;margin-top:6pt;text-align:center"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.707%"><tr><td style="width:1.0%"/><td style="width:70.894%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:12.536%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:0.533%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:12.537%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="border-left:1pt solid #00467e;border-top:1pt solid #00467e;padding:0 1pt"/><td colspan="9" style="border-right:1pt solid #00467e;border-top:1pt solid #00467e;padding:2px 1pt;text-align:center;vertical-align:middle"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:7pt;font-weight:700;line-height:100%">December 31,</span></td></tr><tr><td colspan="3" style="border-left:1pt solid #00467e;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:middle"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:7pt;font-weight:700;line-height:100%">2021</span></td><td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"/><td colspan="3" style="border-bottom:1pt solid #000000;border-right:1pt solid #00467e;border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:middle"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:7pt;font-weight:700;line-height:100%">2020</span></td></tr><tr><td colspan="3" style="border-left:1pt solid #00467e;padding:0 1pt"/><td colspan="9" style="border-right:1pt solid #00467e;border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:middle"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:7pt;font-weight:700;line-height:100%">(In thousands)</span></td></tr><tr><td colspan="3" style="background-color:#e0e0e0;border-left:1pt solid #00467e;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Auto reserves</span></td><td style="background-color:#e0e0e0;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#e0e0e0;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:100%">263,091 </span></td><td style="background-color:#e0e0e0;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="3" style="background-color:#e0e0e0;padding:0 1pt"/><td style="background-color:#e0e0e0;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#e0e0e0;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:100%">231,875 </span></td><td style="background-color:#e0e0e0;border-right:1pt solid #00467e;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="background-color:#ffffff;border-left:1pt solid #00467e;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Workers’ compensation reserves</span></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:100%">90,481 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:100%">94,609 </span></td><td style="background-color:#ffffff;border-right:1pt solid #00467e;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="background-color:#e0e0e0;border-left:1pt solid #00467e;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Third-party carrier claims reserves</span></td><td colspan="2" style="background-color:#e0e0e0;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:100%">31,524 </span></td><td style="background-color:#e0e0e0;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="3" style="background-color:#e0e0e0;padding:0 1pt"/><td colspan="2" style="background-color:#e0e0e0;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:100%">40 </span></td><td style="background-color:#e0e0e0;border-right:1pt solid #00467e;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="background-color:#ffffff;border-left:1pt solid #00467e;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Independent contractor claims reserves</span></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:100%">6,285 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:100%">7,112 </span></td><td style="background-color:#ffffff;border-right:1pt solid #00467e;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="background-color:#e0e0e0;border-left:1pt solid #00467e;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Cargo damage reserves</span></td><td colspan="2" style="background-color:#e0e0e0;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:100%">5,409 </span></td><td style="background-color:#e0e0e0;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="3" style="background-color:#e0e0e0;padding:0 1pt"/><td colspan="2" style="background-color:#e0e0e0;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:100%">2,494 </span></td><td style="background-color:#e0e0e0;border-right:1pt solid #00467e;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="background-color:#ffffff;border-left:1pt solid #00467e;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Employee medical and other reserves</span></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:100%">20,531 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:100%">13,612 </span></td><td style="background-color:#ffffff;border-right:1pt solid #00467e;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="background-color:#e0e0e0;border-left:1pt solid #00467e;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Claims accruals</span></td><td colspan="2" style="background-color:#e0e0e0;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:100%">417,321 </span></td><td style="background-color:#e0e0e0;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="3" style="background-color:#e0e0e0;padding:0 1pt"/><td colspan="2" style="background-color:#e0e0e0;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:100%">349,742 </span></td><td style="background-color:#e0e0e0;border-right:1pt solid #00467e;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="background-color:#ffffff;border-left:1pt solid #00467e;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Less: current portion of claims accruals</span></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(206,607)</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(174,928)</span></td><td style="background-color:#ffffff;border-right:1pt solid #00467e;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="background-color:#e0e0e0;border-left:1pt solid #00467e;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Claims accruals, less current portion</span></td><td style="background-color:#e0e0e0;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#e0e0e0;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:100%">210,714 </span></td><td style="background-color:#e0e0e0;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="3" style="background-color:#e0e0e0;padding:0 1pt"/><td style="background-color:#e0e0e0;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#e0e0e0;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:100%">174,814 </span></td><td style="background-color:#e0e0e0;border-right:1pt solid #00467e;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr style="height:3pt"><td colspan="3" style="border-bottom:1pt solid #00467e;border-left:1pt solid #00467e;padding:0 1pt"/><td colspan="3" style="border-bottom:1pt solid #00467e;border-top:3pt double #000000;padding:0 1pt"/><td colspan="3" style="border-bottom:1pt solid #00467e;padding:0 1pt"/><td colspan="3" style="border-bottom:1pt solid #00467e;border-right:1pt solid #00467e;border-top:3pt double #000000;padding:0 1pt"/></tr></table></div>
CY2021Q4 us-gaap Accrued Insurance Current And Noncurrent
AccruedInsuranceCurrentAndNoncurrent
417321000 USD
CY2020Q4 us-gaap Accrued Insurance Current And Noncurrent
AccruedInsuranceCurrentAndNoncurrent
349742000 USD
CY2021Q4 us-gaap Accrued Insurance Current
AccruedInsuranceCurrent
206607000 USD
CY2020Q4 us-gaap Accrued Insurance Current
AccruedInsuranceCurrent
174928000 USD
CY2021Q4 us-gaap Accrued Insurance Noncurrent
AccruedInsuranceNoncurrent
210714000 USD
CY2020Q4 us-gaap Accrued Insurance Noncurrent
AccruedInsuranceNoncurrent
174814000 USD
CY2020 knx Excesscoveragelayer
Excesscoveragelayer
5000000 USD
CY2020 knx Excessofexcesscoveragelayer
Excessofexcesscoveragelayer
5000000 USD
CY2021Q4 knx Self Insurance Retention
SelfInsuranceRetention
10000000 USD
CY2021 knx Cargo Insurancepertruckortrailer
CargoInsurancepertruckortrailer
2000000 USD
CY2021 knx Cargoinsuranceperoccurrence
Cargoinsuranceperoccurrence
15000000 USD
CY2021 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
140258000 USD
CY2020 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
80060000 USD
CY2019 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
50703000 USD
CY2021 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
42319000 USD
CY2020 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
19153000 USD
CY2019 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
16616000 USD
CY2021 us-gaap Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
8382000 USD
CY2020 us-gaap Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
4248000 USD
CY2019 us-gaap Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
5526000 USD
CY2021 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
190959000 USD
CY2020 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
103461000 USD
CY2019 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
72845000 USD
CY2021 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
48874000 USD
CY2020 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
29640000 USD
CY2019 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
28618000 USD
CY2021 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
-10369000 USD
CY2020 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
7292000 USD
CY2019 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
3712000 USD
CY2021 us-gaap Deferred Foreign Income Tax Expense Benefit
DeferredForeignIncomeTaxExpenseBenefit
1423000 USD
CY2020 us-gaap Deferred Foreign Income Tax Expense Benefit
DeferredForeignIncomeTaxExpenseBenefit
9283000 USD
CY2019 us-gaap Deferred Foreign Income Tax Expense Benefit
DeferredForeignIncomeTaxExpenseBenefit
-1377000 USD
CY2021 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
39928000 USD
CY2020 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
46215000 USD
CY2019 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
30953000 USD
CY2021 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
230887000 USD
CY2020 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
149676000 USD
CY2019 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
103798000 USD
CY2020 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.210
CY2019 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.210
CY2021 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.210
CY2021 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
204673000 USD
CY2020 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
117665000 USD
CY2019 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
86935000 USD
CY2021 us-gaap Income Tax Reconciliation Tax Contingencies State And Local
IncomeTaxReconciliationTaxContingenciesStateAndLocal
23063000 USD
CY2020 us-gaap Income Tax Reconciliation Tax Contingencies State And Local
IncomeTaxReconciliationTaxContingenciesStateAndLocal
22423000 USD
CY2019 us-gaap Income Tax Reconciliation Tax Contingencies State And Local
IncomeTaxReconciliationTaxContingenciesStateAndLocal
17803000 USD
CY2021 us-gaap Income Tax Reconciliation Tax Contingencies Other
IncomeTaxReconciliationTaxContingenciesOther
3151000 USD
CY2020 us-gaap Income Tax Reconciliation Tax Contingencies Other
IncomeTaxReconciliationTaxContingenciesOther
9588000 USD
CY2019 us-gaap Income Tax Reconciliation Tax Contingencies Other
IncomeTaxReconciliationTaxContingenciesOther
-940000 USD
CY2021 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
230887000 USD
CY2020 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
149676000 USD
CY2019 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
103798000 USD
CY2021Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Self Insurance
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsSelfInsurance
79496000 USD
CY2020Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Self Insurance
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsSelfInsurance
81426000 USD
CY2021Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Allowance For Doubtful Accounts
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsAllowanceForDoubtfulAccounts
5530000 USD
CY2020Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Allowance For Doubtful Accounts
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsAllowanceForDoubtfulAccounts
5727000 USD
CY2021Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Share Based Compensation Cost
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsShareBasedCompensationCost
8192000 USD
CY2020Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Share Based Compensation Cost
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsShareBasedCompensationCost
7712000 USD
CY2021Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Accrued Liabilities
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsAccruedLiabilities
11497000 USD
CY2020Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Accrued Liabilities
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsAccruedLiabilities
17941000 USD
CY2021Q4 knx Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Operating Lease Liabilities
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsOperatingLeaseLiabilities
34260000 USD
CY2020Q4 knx Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Operating Lease Liabilities
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsOperatingLeaseLiabilities
29278000 USD
CY2021Q4 us-gaap Deferred Tax Assets Other
DeferredTaxAssetsOther
20562000 USD
CY2020Q4 us-gaap Deferred Tax Assets Other
DeferredTaxAssetsOther
10687000 USD
CY2021Q4 us-gaap Deferred Tax Assets Gross
DeferredTaxAssetsGross
159537000 USD
CY2020Q4 us-gaap Deferred Tax Assets Gross
DeferredTaxAssetsGross
152771000 USD
CY2021Q4 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
0 USD
CY2020Q4 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
0 USD
CY2021Q4 us-gaap Deferred Tax Assets Net
DeferredTaxAssetsNet
159537000 USD
CY2020Q4 us-gaap Deferred Tax Assets Net
DeferredTaxAssetsNet
152771000 USD
CY2021Q4 us-gaap Deferred Tax Liabilities Property Plant And Equipment
DeferredTaxLiabilitiesPropertyPlantAndEquipment
635877000 USD
CY2020Q4 us-gaap Deferred Tax Liabilities Property Plant And Equipment
DeferredTaxLiabilitiesPropertyPlantAndEquipment
586349000 USD
CY2021Q4 us-gaap Deferred Tax Liabilities Prepaid Expenses
DeferredTaxLiabilitiesPrepaidExpenses
15241000 USD
CY2020Q4 us-gaap Deferred Tax Liabilities Prepaid Expenses
DeferredTaxLiabilitiesPrepaidExpenses
12629000 USD
CY2021Q4 us-gaap Deferred Tax Liabilities Goodwill And Intangible Assets Intangible Assets
DeferredTaxLiabilitiesGoodwillAndIntangibleAssetsIntangibleAssets
338191000 USD
CY2020Q4 us-gaap Deferred Tax Liabilities Goodwill And Intangible Assets Intangible Assets
DeferredTaxLiabilitiesGoodwillAndIntangibleAssetsIntangibleAssets
334618000 USD
CY2021Q4 knx Deferred Tax Liabilities Operating Lease Right Of Use Assets
DeferredTaxLiabilitiesOperatingLeaseRightOfUseAssets
34016000 USD
CY2020Q4 knx Deferred Tax Liabilities Operating Lease Right Of Use Assets
DeferredTaxLiabilitiesOperatingLeaseRightOfUseAssets
28259000 USD
CY2021Q4 us-gaap Deferred Tax Liabilities Other
DeferredTaxLiabilitiesOther
11089000 USD
CY2020Q4 us-gaap Deferred Tax Liabilities Other
DeferredTaxLiabilitiesOther
6857000 USD
CY2021Q4 us-gaap Deferred Income Tax Liabilities
DeferredIncomeTaxLiabilities
1034414000 USD
CY2020Q4 us-gaap Deferred Income Tax Liabilities
DeferredIncomeTaxLiabilities
968712000 USD
CY2021Q4 us-gaap Deferred Tax Liabilities
DeferredTaxLiabilities
874877000 USD
CY2020Q4 us-gaap Deferred Tax Liabilities
DeferredTaxLiabilities
815941000 USD
CY2020Q4 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
0 USD
CY2021Q4 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
0 USD
CY2021Q4 us-gaap Undistributed Earnings Of Foreign Subsidiaries
UndistributedEarningsOfForeignSubsidiaries
107000000 USD
CY2021 us-gaap Foreign Earnings Repatriated
ForeignEarningsRepatriated
23000000 USD
CY2020Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
2950000 USD
CY2019Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
4083000 USD
CY2018Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
7423000 USD
CY2021 us-gaap Unrecognized Tax Benefits Increases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromPriorPeriodTaxPositions
0 USD
CY2020 us-gaap Unrecognized Tax Benefits Increases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromPriorPeriodTaxPositions
0 USD
CY2019 us-gaap Unrecognized Tax Benefits Increases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromPriorPeriodTaxPositions
38000 USD
CY2021 us-gaap Unrecognized Tax Benefits Decreases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsDecreasesResultingFromPriorPeriodTaxPositions
1215000 USD
CY2020 us-gaap Unrecognized Tax Benefits Decreases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsDecreasesResultingFromPriorPeriodTaxPositions
1133000 USD
CY2019 us-gaap Unrecognized Tax Benefits Decreases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsDecreasesResultingFromPriorPeriodTaxPositions
3378000 USD
CY2021Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
1735000 USD
CY2020Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
2950000 USD
CY2019Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
4083000 USD
CY2021Q4 us-gaap Decrease In Unrecognized Tax Benefits Is Reasonably Possible
DecreaseInUnrecognizedTaxBenefitsIsReasonablyPossible
300000 USD
CY2021Q4 us-gaap Income Tax Examination Penalties And Interest Accrued
IncomeTaxExaminationPenaltiesAndInterestAccrued
100000 USD
CY2020Q4 us-gaap Income Tax Examination Penalties And Interest Accrued
IncomeTaxExaminationPenaltiesAndInterestAccrued
300000 USD
CY2021 us-gaap Debt Instrument Collateral Fee
DebtInstrumentCollateralFee
3100000 USD
CY2020 us-gaap Debt Instrument Collateral Fee
DebtInstrumentCollateralFee
3500000 USD
CY2019 us-gaap Debt Instrument Collateral Fee
DebtInstrumentCollateralFee
7200000 USD
CY2021Q4 us-gaap Unsecured Debt
UnsecuredDebt
1249969000 USD
CY2020Q4 us-gaap Unsecured Debt
UnsecuredDebt
298907000 USD
CY2020Q4 us-gaap Unsecured Debt Current
UnsecuredDebtCurrent
0 USD
CY2021Q4 us-gaap Unsecured Long Term Debt
UnsecuredLongTermDebt
1037552000 USD
CY2020Q4 us-gaap Unsecured Long Term Debt
UnsecuredLongTermDebt
298907000 USD
CY2021Q4 us-gaap Unsecured Debt
UnsecuredDebt
1249969000 USD
CY2020Q4 us-gaap Unsecured Debt
UnsecuredDebt
298907000 USD
CY2021Q4 us-gaap Long Term Debt
LongTermDebt
1509969000 USD
CY2020Q4 us-gaap Long Term Debt
LongTermDebt
508907000 USD
CY2021 us-gaap Operating Lease Cost
OperatingLeaseCost
46795000 USD
CY2020 us-gaap Operating Lease Cost
OperatingLeaseCost
80456000 USD
CY2021 us-gaap Short Term Lease Cost
ShortTermLeaseCost
8426000 USD
CY2020 us-gaap Short Term Lease Cost
ShortTermLeaseCost
6544000 USD
CY2021 us-gaap Sublease Income
SubleaseIncome
60000 USD
CY2020 us-gaap Sublease Income
SubleaseIncome
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CY2021 knx Purchase Of Common Stock Under Employee Stock Purchase Plan
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838000 shares
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CY2020 us-gaap Weighted Average Number Of Diluted Shares Outstanding
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CY2019 us-gaap Weighted Average Number Of Diluted Shares Outstanding
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CY2021 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
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CY2020 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
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CY2019 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
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CY2021Q4 us-gaap Held To Maturity Securities
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CY2021Q4 us-gaap Investments In Affiliates Subsidiaries Associates And Joint Ventures
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CY2021Q4 us-gaap Equity Securities Fv Ni
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