$KNX
Knight-Swift Transportation Holdings Inc. Stock $knx

$knx Overview Financials Valuation SEC Filings Company Website

2024 Q2 Form 10-Q Financial Statement

#000149269124000064 Filed on May 01, 2024

Income Statement

Concept	2024 Q2	2024 Q1
Revenue	$1.847B	$1.822B
YoY Change	18.91%	11.33%
Cost Of Revenue	$647.6M	$646.5M
YoY Change	22.66%	13.86%
Gross Profit	$1.199B	$1.176B
YoY Change	16.98%	9.99%
Gross Profit Margin	64.93%	64.53%
Selling, General & Admin	$849.1M	$859.0M
YoY Change	22.57%	23.75%
% of Gross Profit	70.82%	73.05%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$197.4M	$200.4M
YoY Change	14.18%	16.42%
% of Gross Profit	16.46%	17.04%
Operating Expenses	$1.129B	$1.143B
YoY Change	22.15%	24.02%
Operating Profit	$69.98M	$20.56M
YoY Change	-30.49%	-86.06%
Interest Expense	-$36.67M	$41.24M
YoY Change	94.55%	-328.56%
% of Operating Profit	-52.4%	200.61%
Other Income/Expense, Net	$4.888M	-$27.22M
YoY Change	-49.5%	-380.55%
Pretax Income	$31.68M	-$6.667M
YoY Change	-62.67%	-104.89%
Income Tax	$11.79M	-$3.674M
% Of Pretax Income	37.21%
Net Earnings	$20.30M	-$2.635M
YoY Change	-67.94%	-102.53%
Net Earnings / Revenue	1.1%	-0.14%
Basic Earnings Per Share	$0.13	-$0.02
Diluted Earnings Per Share	$0.13	-$0.02
COMMON SHARES
Basic Shares Outstanding	161.6M shares	161.5M shares
Diluted Shares Outstanding	162.1M shares	162.1M shares

Balance Sheet

Concept	2024 Q2	2024 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments	$186.5M	$204.8M
YoY Change	-18.56%	7.07%
Cash & Equivalents	$186.5M	$204.8M
Short-Term Investments
Other Short-Term Assets	$382.9M	$35.71M
YoY Change	-58.68%	-91.51%
Inventory
Prepaid Expenses	$113.0M	$137.1M
Receivables	$841.6M	$867.6M
Other Receivables	$39.27M	$58.27M
Total Short-Term Assets	$1.450B	$1.532B
YoY Change	-23.07%	6.21%
LONG-TERM ASSETS
Property, Plant & Equipment	$5.047B	$4.577B
YoY Change	21.24%	12.24%
Goodwill	$3.879B	$3.873B
YoY Change	10.23%	10.05%
Intangibles	$2.022B	$2.040B
YoY Change	15.93%	15.89%
Long-Term Investments
YoY Change
Other Assets	$171.8M	$163.1M
YoY Change	35.77%	14.5%
Total Long-Term Assets	$11.12B	$11.10B
YoY Change	16.41%	16.8%
TOTAL ASSETS
Total Short-Term Assets	$1.450B	$1.532B
Total Long-Term Assets	$11.12B	$11.10B
Total Assets	$12.57B	$12.63B
YoY Change	9.9%	15.41%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable	$300.6M	$283.8M
YoY Change	34.5%	32.28%
Accrued Expenses	$505.1M	$224.7M
YoY Change	78.85%	-18.52%
Deferred Revenue
YoY Change
Short-Term Debt	$0.00	$0.00
YoY Change
Long-Term Debt Due	$485.9M	$505.8M
YoY Change	562.87%	594.12%
Total Short-Term Liabilities	$1.650B	$1.643B
YoY Change	74.54%	81.42%
LONG-TERM LIABILITIES
Long-Term Debt	$2.180B	$2.225B
YoY Change	1.52%	28.2%
Other Long-Term Liabilities	$759.4M	$111.8M
YoY Change	108.24%	-68.9%
Total Long-Term Liabilities	$2.939B	$111.8M
YoY Change	17.02%	-94.66%
TOTAL LIABILITIES
Total Short-Term Liabilities	$1.650B	$1.643B
Total Long-Term Liabilities	$2.939B	$111.8M
Total Liabilities	$5.516B	$5.557B
YoY Change	26.3%	41.82%
SHAREHOLDERS EQUITY
Retained Earnings	$2.614B	$2.625B
YoY Change	-1.65%	0.05%
Common Stock
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity	$7.054B	$7.056B
YoY Change
Total Liabilities & Shareholders Equity	$12.57B	$12.63B
YoY Change	9.9%	15.41%

Cashflow Statement

Concept	2024 Q2	2024 Q1
OPERATING ACTIVITIES
Net Income	$20.30M	-$2.635M
YoY Change	-67.94%	-102.53%
Depreciation, Depletion And Amortization	$197.4M	$200.4M
YoY Change	14.18%	16.42%
Cash From Operating Activities	$273.4M	$37.28M
YoY Change	-27.48%	-89.2%
INVESTING ACTIVITIES
Capital Expenditures	$180.8M	$191.9M
YoY Change	-29.81%	-26.29%
Acquisitions		$0.00
YoY Change		-100.0%
Other Investing Activities	$61.66M	-$1.055M
YoY Change	58.79%	-14.16%
Cash From Investing Activities	-$119.1M	-$139.7M
YoY Change	-45.54%	-29.17%
FINANCING ACTIVITIES
Cash Dividend Paid		$25.91M
YoY Change		12.73%
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities	-160.1M	-$22.22M
YoY Change	-143.12%	-83.49%
NET CHANGE
Cash From Operating Activities	273.4M	$37.28M
Cash From Investing Activities	-119.1M	-$139.7M
Cash From Financing Activities	-160.1M	-$22.22M
Net Change In Cash	-5.734M	-$124.7M
YoY Change	-101.08%	-1040.17%
FREE CASH FLOW
Cash From Operating Activities	$273.4M	$37.28M
Capital Expenditures	$180.8M	$191.9M
Free Cash Flow	$92.67M	-$154.6M
YoY Change	-22.46%	-282.3%

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value	Unit
CY2024Q1	us-gaap	Revenues Revenues	1822467000	usd
CY2023Q1	us-gaap	Revenues Revenues	1636932000	usd
CY2024Q1	us-gaap	Labor And Related Expense LaborAndRelatedExpense	692907000	usd
CY2023Q1	us-gaap	Labor And Related Expense LaborAndRelatedExpense	536742000	usd
CY2024Q1	us-gaap	Fuel Costs FuelCosts	234589000	usd
CY2023Q1	us-gaap	Fuel Costs FuelCosts	187759000	usd
CY2024Q1	us-gaap	Direct Operating Maintenance Supplies Costs DirectOperatingMaintenanceSuppliesCosts	134633000	usd
CY2023Q1	us-gaap	Direct Operating Maintenance Supplies Costs DirectOperatingMaintenanceSuppliesCosts	99311000	usd
CY2024Q1	us-gaap	Operating Insurance And Claims Costs Production OperatingInsuranceAndClaimsCostsProduction	122446000	usd
CY2023Q1	us-gaap	Operating Insurance And Claims Costs Production OperatingInsuranceAndClaimsCostsProduction	138039000	usd
CY2024Q1	us-gaap	Direct Taxes And Licenses Costs DirectTaxesAndLicensesCosts	31329000	usd
CY2023Q1	us-gaap	Direct Taxes And Licenses Costs DirectTaxesAndLicensesCosts	25890000	usd
CY2024Q1	us-gaap	Communications Information Technology And Occupancy CommunicationsInformationTechnologyAndOccupancy	7533000	usd
CY2023Q1	us-gaap	Communications Information Technology And Occupancy CommunicationsInformationTechnologyAndOccupancy	5749000	usd
CY2024Q1	us-gaap	Depreciation Depreciation	181865000	usd
CY2023Q1	us-gaap	Depreciation Depreciation	155966000	usd
CY2024Q1	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	18543000	usd
CY2023Q1	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	16183000	usd
CY2024Q1	us-gaap	Operating Lease Expense OperatingLeaseExpense	42996000	usd
CY2023Q1	us-gaap	Operating Lease Expense OperatingLeaseExpense	15068000	usd
CY2024Q1	knx	Purchased Transportation PurchasedTransportation	277257000	usd
CY2023Q1	knx	Purchased Transportation PurchasedTransportation	280729000	usd
CY2024Q1	us-gaap	Asset Impairment Charges AssetImpairmentCharges	3982000	usd
CY2023Q1	us-gaap	Asset Impairment Charges AssetImpairmentCharges	0	usd
CY2024Q1	us-gaap	Other Cost And Expense Operating OtherCostAndExpenseOperating	53832000	usd
CY2023Q1	us-gaap	Other Cost And Expense Operating OtherCostAndExpenseOperating	30709000	usd
CY2024Q1	us-gaap	Costs And Expenses CostsAndExpenses	1801912000	usd
CY2023Q1	us-gaap	Costs And Expenses CostsAndExpenses	1492145000	usd
CY2024Q1	us-gaap	Operating Income Loss OperatingIncomeLoss	20555000	usd
CY2023Q1	us-gaap	Operating Income Loss OperatingIncomeLoss	144787000	usd
CY2024Q1	us-gaap	Investment Income Interest InvestmentIncomeInterest	5022000	usd
CY2023Q1	us-gaap	Investment Income Interest InvestmentIncomeInterest	5049000	usd
CY2024Q1	us-gaap	Interest Expense InterestExpense	41236000	usd
CY2023Q1	us-gaap	Interest Expense InterestExpense	23091000	usd
CY2024Q1	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	8992000	usd
CY2023Q1	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	9703000	usd
CY2024Q1	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	-27222000	usd
CY2023Q1	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	-8339000	usd
CY2024Q1	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	-6667000	usd
CY2023Q1	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	136448000	usd
CY2024Q1	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	-3674000	usd
CY2023Q1	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	32735000	usd
CY2024Q1	us-gaap	Profit Loss ProfitLoss	-2993000	usd
CY2023Q1	us-gaap	Profit Loss ProfitLoss	103713000	usd
CY2024Q1	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	-358000	usd
CY2023Q1	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	-571000	usd
CY2024Q1	us-gaap	Net Income Loss NetIncomeLoss	-2635000	usd
CY2023Q1	us-gaap	Net Income Loss NetIncomeLoss	104284000	usd
CY2024Q1	us-gaap	Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent	-38000	usd
CY2023Q1	us-gaap	Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent	1090000	usd
CY2024Q1	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	-2673000	usd
CY2023Q1	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	105374000	usd
CY2024Q1	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	-0.02
CY2023Q1	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.65
CY2024Q1	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	-0.02
CY2023Q1	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.64
CY2024Q1	us-gaap	Common Stock Dividends Per Share Declared CommonStockDividendsPerShareDeclared	0.16
CY2023Q1	us-gaap	Common Stock Dividends Per Share Declared CommonStockDividendsPerShareDeclared	0.14
CY2024Q1	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	161511000	shares
CY2023Q1	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	160915000	shares
CY2024Q1	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	162086000	shares
CY2023Q1	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	161900000	shares
CY2024Q1	us-gaap	Profit Loss ProfitLoss	-2993000	usd
CY2023Q1	us-gaap	Profit Loss ProfitLoss	103713000	usd
CY2024Q1	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	200408000	usd
CY2023Q1	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	172149000	usd
CY2024Q1	us-gaap	Gain Loss On Sale Of Property Plant Equipment GainLossOnSaleOfPropertyPlantEquipment	6651000	usd
CY2023Q1	us-gaap	Gain Loss On Sale Of Property Plant Equipment GainLossOnSaleOfPropertyPlantEquipment	20879000	usd
CY2024Q1	us-gaap	Asset Impairment Charges AssetImpairmentCharges	3982000	usd
CY2023Q1	us-gaap	Asset Impairment Charges AssetImpairmentCharges	0	usd
CY2024Q1	us-gaap	Increase Decrease In Deferred Income Taxes IncreaseDecreaseInDeferredIncomeTaxes	13673000	usd
CY2023Q1	us-gaap	Increase Decrease In Deferred Income Taxes IncreaseDecreaseInDeferredIncomeTaxes	1316000	usd
CY2024Q1	us-gaap	Operating Lease Right Of Use Asset Amortization Expense OperatingLeaseRightOfUseAssetAmortizationExpense	46885000	usd
CY2023Q1	us-gaap	Operating Lease Right Of Use Asset Amortization Expense OperatingLeaseRightOfUseAssetAmortizationExpense	10651000	usd
CY2024Q1	us-gaap	Debt And Equity Securities Gain Loss DebtAndEquitySecuritiesGainLoss	110000	usd
CY2023Q1	us-gaap	Debt And Equity Securities Gain Loss DebtAndEquitySecuritiesGainLoss	1364000	usd
CY2024Q1	us-gaap	Other Noncash Income Expense OtherNoncashIncomeExpense	-1929000	usd
CY2023Q1	us-gaap	Other Noncash Income Expense OtherNoncashIncomeExpense	-14777000	usd
CY2024Q1	us-gaap	Increase Decrease In Accounts And Other Receivables IncreaseDecreaseInAccountsAndOtherReceivables	-17995000	usd
CY2023Q1	us-gaap	Increase Decrease In Accounts And Other Receivables IncreaseDecreaseInAccountsAndOtherReceivables	-35614000	usd
CY2024Q1	us-gaap	Increase Decrease In Income Taxes Receivable IncreaseDecreaseInIncomeTaxesReceivable	-7542000	usd
CY2023Q1	us-gaap	Increase Decrease In Income Taxes Receivable IncreaseDecreaseInIncomeTaxesReceivable	-28753000	usd
CY2024Q1	us-gaap	Increase Decrease In Accounts Payable IncreaseDecreaseInAccountsPayable	-25564000	usd
CY2023Q1	us-gaap	Increase Decrease In Accounts Payable IncreaseDecreaseInAccountsPayable	11960000	usd
CY2024Q1	knx	Increase Decreasein Accrued Liabilitiesand Other Liabilities IncreaseDecreaseinAccruedLiabilitiesandOtherLiabilities	-148098000	usd
CY2023Q1	knx	Increase Decreasein Accrued Liabilitiesand Other Liabilities IncreaseDecreaseinAccruedLiabilitiesandOtherLiabilities	8194000	usd
CY2024Q1	us-gaap	Increase Decrease In Other Operating Liabilities IncreaseDecreaseInOtherOperatingLiabilities	-54270000	usd
CY2023Q1	us-gaap	Increase Decrease In Other Operating Liabilities IncreaseDecreaseInOtherOperatingLiabilities	-10489000	usd
CY2024Q1	us-gaap	Other Operating Activities Cash Flow Statement OtherOperatingActivitiesCashFlowStatement	9893000	usd
CY2023Q1	us-gaap	Other Operating Activities Cash Flow Statement OtherOperatingActivitiesCashFlowStatement	-6604000	usd
CY2024Q1	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	37275000	usd
CY2023Q1	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	345159000	usd
CY2024Q1	us-gaap	Proceeds From Sale And Maturity Of Held To Maturity Securities ProceedsFromSaleAndMaturityOfHeldToMaturitySecurities	530000	usd
CY2023Q1	us-gaap	Proceeds From Sale And Maturity Of Held To Maturity Securities ProceedsFromSaleAndMaturityOfHeldToMaturitySecurities	3620000	usd
CY2024Q1	us-gaap	Payments To Acquire Restricted Investments PaymentsToAcquireRestrictedInvestments	0	usd
CY2023Q1	us-gaap	Payments To Acquire Restricted Investments PaymentsToAcquireRestrictedInvestments	525000	usd
CY2024Q1	us-gaap	Proceeds From Sale Of Property Plant And Equipment ProceedsFromSaleOfPropertyPlantAndEquipment	50605000	usd
CY2023Q1	us-gaap	Proceeds From Sale Of Property Plant And Equipment ProceedsFromSaleOfPropertyPlantAndEquipment	59345000	usd
CY2024Q1	us-gaap	Payments To Acquire Machinery And Equipment PaymentsToAcquireMachineryAndEquipment	191905000	usd
CY2023Q1	us-gaap	Payments To Acquire Machinery And Equipment PaymentsToAcquireMachineryAndEquipment	260339000	usd
CY2024Q1	us-gaap	Payments To Acquire Other Productive Assets PaymentsToAcquireOtherProductiveAssets	32000	usd
CY2023Q1	us-gaap	Payments To Acquire Other Productive Assets PaymentsToAcquireOtherProductiveAssets	360000	usd
CY2024Q1	us-gaap	Payments To Acquire Businesses Net Of Cash Acquired PaymentsToAcquireBusinessesNetOfCashAcquired	0	usd
CY2023Q1	us-gaap	Payments To Acquire Businesses Net Of Cash Acquired PaymentsToAcquireBusinessesNetOfCashAcquired	275000	usd
CY2024Q1	us-gaap	Payments For Proceeds From Other Investing Activities PaymentsForProceedsFromOtherInvestingActivities	-1055000	usd
CY2023Q1	us-gaap	Payments For Proceeds From Other Investing Activities PaymentsForProceedsFromOtherInvestingActivities	-1229000	usd
CY2024Q1	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-139747000	usd
CY2023Q1	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-197305000	usd
CY2024Q1	us-gaap	Repayments Of Debt And Capital Lease Obligations RepaymentsOfDebtAndCapitalLeaseObligations	58781000	usd
CY2023Q1	us-gaap	Repayments Of Debt And Capital Lease Obligations RepaymentsOfDebtAndCapitalLeaseObligations	22946000	usd
CY2024Q1	us-gaap	Proceeds From Repayments Of Lines Of Credit ProceedsFromRepaymentsOfLinesOfCredit	135000000	usd
CY2023Q1	us-gaap	Proceeds From Repayments Of Lines Of Credit ProceedsFromRepaymentsOfLinesOfCredit	-43000000	usd
CY2024Q1	us-gaap	Proceeds From Accounts Receivable Securitization ProceedsFromAccountsReceivableSecuritization	12000000	usd
CY2023Q1	us-gaap	Proceeds From Accounts Receivable Securitization ProceedsFromAccountsReceivableSecuritization	0	usd
CY2024Q1	us-gaap	Repayments Of Accounts Receivable Securitization RepaymentsOfAccountsReceivableSecuritization	85000000	usd
CY2023Q1	us-gaap	Repayments Of Accounts Receivable Securitization RepaymentsOfAccountsReceivableSecuritization	35000000	usd
CY2024Q1	us-gaap	Proceeds From Stock Plans ProceedsFromStockPlans	953000	usd
CY2023Q1	us-gaap	Proceeds From Stock Plans ProceedsFromStockPlans	1086000	usd
CY2024Q1	us-gaap	Payments Of Dividends PaymentsOfDividends	25909000	usd
CY2023Q1	us-gaap	Payments Of Dividends PaymentsOfDividends	22983000	usd
CY2024Q1	us-gaap	Proceeds From Payments For Other Financing Activities ProceedsFromPaymentsForOtherFinancingActivities	-486000	usd
CY2023Q1	us-gaap	Proceeds From Payments For Other Financing Activities ProceedsFromPaymentsForOtherFinancingActivities	-11748000	usd
CY2024Q1	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	-22223000	usd
CY2023Q1	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	-134591000	usd
CY2024Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect	-124695000	usd
CY2023Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect	13263000	usd
CY2023Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	469686000	usd
CY2022Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	385345000	usd
CY2024Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	344991000	usd
CY2023Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	398608000	usd
CY2024Q1	us-gaap	Interest Paid Net InterestPaidNet	41264000	usd
CY2023Q1	us-gaap	Interest Paid Net InterestPaidNet	21920000	usd
CY2024Q1	us-gaap	Income Taxes Paid Net IncomeTaxesPaidNet	-717000	usd
CY2023Q1	us-gaap	Income Taxes Paid Net IncomeTaxesPaidNet	1295000	usd
CY2024Q1	us-gaap	Capital Expenditures Incurred But Not Yet Paid CapitalExpendituresIncurredButNotYetPaid	1345000	usd
CY2023Q1	us-gaap	Capital Expenditures Incurred But Not Yet Paid CapitalExpendituresIncurredButNotYetPaid	15232000	usd
CY2024Q1	knx	Right Of Use Asset Forfeited Obtained In Exchange For Operating Lease Liability RightOfUseAssetForfeitedObtainedInExchangeForOperatingLeaseLiability	5102000	usd
CY2023Q1	knx	Right Of Use Asset Forfeited Obtained In Exchange For Operating Lease Liability RightOfUseAssetForfeitedObtainedInExchangeForOperatingLeaseLiability	16281000	usd
CY2024Q1	us-gaap	Right Of Use Asset Obtained In Exchange For Finance Lease Liability RightOfUseAssetObtainedInExchangeForFinanceLeaseLiability	21401000	usd
CY2023Q1	us-gaap	Right Of Use Asset Obtained In Exchange For Finance Lease Liability RightOfUseAssetObtainedInExchangeForFinanceLeaseLiability	7174000	usd
CY2024Q1	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	204762000	usd
CY2023Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	168545000	usd
CY2023Q1	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	191245000	usd
CY2022Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	196770000	usd
CY2024Q1	us-gaap	Restricted Cash And Cash Equivalents At Carrying Value RestrictedCashAndCashEquivalentsAtCarryingValue	136174000	usd
CY2023Q4	us-gaap	Restricted Cash And Cash Equivalents At Carrying Value RestrictedCashAndCashEquivalentsAtCarryingValue	297275000	usd
CY2023Q1	us-gaap	Restricted Cash And Cash Equivalents At Carrying Value RestrictedCashAndCashEquivalentsAtCarryingValue	204348000	usd
CY2022Q4	us-gaap	Restricted Cash And Cash Equivalents At Carrying Value RestrictedCashAndCashEquivalentsAtCarryingValue	185792000	usd
CY2024Q1	us-gaap	Restricted Cash And Cash Equivalents Noncurrent RestrictedCashAndCashEquivalentsNoncurrent	4055000	usd
CY2023Q4	us-gaap	Restricted Cash And Cash Equivalents Noncurrent RestrictedCashAndCashEquivalentsNoncurrent	3866000	usd
CY2023Q1	us-gaap	Restricted Cash And Cash Equivalents Noncurrent RestrictedCashAndCashEquivalentsNoncurrent	3015000	usd
CY2022Q4	us-gaap	Restricted Cash And Cash Equivalents Noncurrent RestrictedCashAndCashEquivalentsNoncurrent	2783000	usd
CY2024Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	344991000	usd
CY2023Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	469686000	usd
CY2023Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	398608000	usd
CY2022Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	385345000	usd
CY2023Q4	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	7104081000	usd
CY2024Q1	us-gaap	Stock Issued During Period Value Share Based Compensation StockIssuedDuringPeriodValueShareBasedCompensation	0	usd
CY2024Q1	us-gaap	Stock Issued During Period Value Employee Stock Purchase Plan StockIssuedDuringPeriodValueEmployeeStockPurchasePlan	953000	usd
CY2024Q1	us-gaap	Adjustments Related To Tax Withholding For Share Based Compensation AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation	6435000	usd
CY2024Q1	us-gaap	Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue	3981000	usd
CY2024Q1	us-gaap	Common Stock Dividends Per Share Declared CommonStockDividendsPerShareDeclared	0.16
CY2024Q1	us-gaap	Dividends Dividends	26019000	usd
CY2024Q1	us-gaap	Profit Loss ProfitLoss	-2993000	usd
CY2024Q1	us-gaap	Other Comprehensive Income Loss Net Of Tax OtherComprehensiveIncomeLossNetOfTax	-38000	usd
CY2024Q1	us-gaap	Noncontrolling Interest Increase From Business Combination NoncontrollingInterestIncreaseFromBusinessCombination	730000	usd
CY2024Q1	us-gaap	Minority Interest Decrease From Distributions To Noncontrolling Interest Holders MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders	2038000	usd
CY2024Q1	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	7072222000	usd
CY2022Q4	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	6955281000	usd
CY2023Q1	us-gaap	Stock Issued During Period Value Share Based Compensation StockIssuedDuringPeriodValueShareBasedCompensation	46000	usd
CY2023Q1	us-gaap	Stock Issued During Period Value Employee Stock Purchase Plan StockIssuedDuringPeriodValueEmployeeStockPurchasePlan	1040000	usd
CY2023Q1	us-gaap	Adjustments Related To Tax Withholding For Share Based Compensation AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation	11748000	usd
CY2023Q1	us-gaap	Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue	7927000	usd
CY2023Q1	us-gaap	Common Stock Dividends Per Share Declared CommonStockDividendsPerShareDeclared	0.14
CY2023Q1	us-gaap	Dividends Dividends	22730000	usd
CY2023Q1	us-gaap	Profit Loss ProfitLoss	103713000	usd
CY2023Q1	us-gaap	Other Comprehensive Income Loss Net Of Tax OtherComprehensiveIncomeLossNetOfTax	1090000	usd
CY2023Q1	us-gaap	Noncontrolling Interest Increase From Business Combination NoncontrollingInterestIncreaseFromBusinessCombination	975000	usd
CY2023Q1	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	7035594000	usd
CY2024Q1	knx	Numberof Tractors In Fleet NumberofTractorsInFleet	23314	vehicle
CY2024Q1	knx	Number Of Tractors Driven By Company Drivers NumberOfTractorsDrivenByCompanyDrivers	21120	vehicle
CY2024Q1	knx	Number Of Owner Operator Tractors NumberOfOwnerOperatorTractors	2194	vehicle
CY2024Q1	knx	Number Of Trailers In Fleet NumberOfTrailersInFleet	94410	vehicle
CY2024Q1	knx	Number Of Ltl Tractors NumberOfLTLTractors	3357	vehicle
CY2024Q1	knx	Number Of Ltl Trailers NumberOfLTLTrailers	8699	vehicle
CY2024Q1	knx	Number Of Intermodal Tractors NumberOfIntermodalTractors	609	vehicle
CY2024Q1	knx	Number Of Intermodal Containers NumberOfIntermodalContainers	12582	vehicle
CY2024Q1	us-gaap	Number Of Reportable Segments NumberOfReportableSegments	4	segment
CY2023Q4	us-gaap	Unsecured Debt UnsecuredDebt	1561079000	usd
CY2024Q1	us-gaap	Unsecured Debt Current UnsecuredDebtCurrent	348848000	usd
CY2023Q4	us-gaap	Unsecured Debt Current UnsecuredDebtCurrent	338058000	usd
CY2024Q1	us-gaap	Unsecured Long Term Debt UnsecuredLongTermDebt	1193602000	usd
CY2023Q4	us-gaap	Unsecured Long Term Debt UnsecuredLongTermDebt	1223021000	usd
CY2024Q1	us-gaap	Unsecured Debt UnsecuredDebt	1542450000	usd
CY2024Q1	us-gaap	Effective Income Tax Rate Continuing Operations EffectiveIncomeTaxRateContinuingOperations	0.551
CY2023Q1	us-gaap	Effective Income Tax Rate Continuing Operations EffectiveIncomeTaxRateContinuingOperations	0.240
CY2023Q4	us-gaap	Deferred Tax Assets Valuation Allowance DeferredTaxAssetsValuationAllowance	10400000	usd
CY2024Q1	us-gaap	Deferred Tax Assets Valuation Allowance DeferredTaxAssetsValuationAllowance	10400000	usd
CY2024Q1	us-gaap	Income Tax Examination Penalties And Interest Accrued IncomeTaxExaminationPenaltiesAndInterestAccrued	0	usd
CY2023Q4	us-gaap	Income Tax Examination Penalties And Interest Accrued IncomeTaxExaminationPenaltiesAndInterestAccrued	0	usd
CY2024Q1	us-gaap	Open Tax Year OpenTaxYear	2019
CY2024Q1	us-gaap	Secured Debt SecuredDebt	269303000	usd
CY2023Q4	us-gaap	Secured Debt SecuredDebt	279339000	usd
CY2024Q1	us-gaap	Unsecured Debt UnsecuredDebt	1542450000	usd
CY2023Q4	us-gaap	Unsecured Debt UnsecuredDebt	1561079000	usd
CY2024Q1	us-gaap	Long Term Debt LongTermDebt	1744450000	usd
CY2023Q4	us-gaap	Long Term Debt LongTermDebt	1628079000	usd
CY2024Q1	us-gaap	Letters Of Credit Outstanding Amount LettersOfCreditOutstandingAmount	264500000	usd
CY2023Q4	us-gaap	Letters Of Credit Outstanding Amount LettersOfCreditOutstandingAmount	264300000	usd
CY2024Q1	us-gaap	Defined Benefit Plan Assumptions Used Calculating Benefit Obligation Discount Rate DefinedBenefitPlanAssumptionsUsedCalculatingBenefitObligationDiscountRate	0.0503
CY2024Q1	us-gaap	Defined Benefit Plan Assumptions Used Calculating Net Periodic Benefit Cost Discount Rate DefinedBenefitPlanAssumptionsUsedCalculatingNetPeriodicBenefitCostDiscountRate	0.0473
CY2023Q1	us-gaap	Defined Benefit Plan Assumptions Used Calculating Net Periodic Benefit Cost Discount Rate DefinedBenefitPlanAssumptionsUsedCalculatingNetPeriodicBenefitCostDiscountRate	0.0492
CY2024Q1	us-gaap	Defined Benefit Plan Assumptions Used Calculating Net Periodic Benefit Cost Expected Long Term Return On Assets DefinedBenefitPlanAssumptionsUsedCalculatingNetPeriodicBenefitCostExpectedLongTermReturnOnAssets	0.0600
CY2023Q1	us-gaap	Defined Benefit Plan Assumptions Used Calculating Net Periodic Benefit Cost Expected Long Term Return On Assets DefinedBenefitPlanAssumptionsUsedCalculatingNetPeriodicBenefitCostExpectedLongTermReturnOnAssets	0.0600
CY2024Q1	us-gaap	Loss Contingency Accrual At Carrying Value LossContingencyAccrualAtCarryingValue	6800000	usd
CY2024Q1	us-gaap	Payments For Reinsurance PaymentsForReinsurance	161100000	usd
CY2024Q1	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	161511000	shares
CY2023Q1	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	160915000	shares
CY2024Q1	us-gaap	Incremental Common Shares Attributable To Call Options And Warrants IncrementalCommonSharesAttributableToCallOptionsAndWarrants	575000	shares
CY2023Q1	us-gaap	Incremental Common Shares Attributable To Call Options And Warrants IncrementalCommonSharesAttributableToCallOptionsAndWarrants	985000	shares
CY2024Q1	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	162086000	shares
CY2023Q1	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	161900000	shares
CY2024Q1	us-gaap	Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount	41000	shares
CY2023Q1	us-gaap	Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount	7000	shares
CY2024Q1	us-gaap	Investments In Affiliates Subsidiaries Associates And Joint Ventures InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures	110973000	usd
CY2024Q1	us-gaap	Equity Method Investments Fair Value Disclosure EquityMethodInvestmentsFairValueDisclosure	110973000	usd
CY2023Q4	us-gaap	Investments In Affiliates Subsidiaries Associates And Joint Ventures InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures	102252000	usd
CY2023Q4	us-gaap	Equity Method Investments Fair Value Disclosure EquityMethodInvestmentsFairValueDisclosure	102252000	usd
CY2024Q1	us-gaap	Business Combination Contingent Consideration Liability BusinessCombinationContingentConsiderationLiability	40859000	usd
CY2024Q1	us-gaap	Business Combination Contingent Consideration Liability BusinessCombinationContingentConsiderationLiability	40859000	usd
CY2023Q4	us-gaap	Business Combination Contingent Consideration Liability BusinessCombinationContingentConsiderationLiability	40859000	usd
CY2023Q4	us-gaap	Business Combination Contingent Consideration Liability BusinessCombinationContingentConsiderationLiability	40859000	usd
CY2024Q1	us-gaap	Revenues Revenues	1822467000	usd
CY2023Q1	us-gaap	Revenues Revenues	1636932000	usd
CY2024Q1	us-gaap	Operating Income Loss OperatingIncomeLoss	20555000	usd
CY2023Q1	us-gaap	Operating Income Loss OperatingIncomeLoss	144787000	usd
CY2024Q1	us-gaap	Depreciation Depreciation	181865000	usd
CY2023Q1	us-gaap	Depreciation Depreciation	155966000	usd
CY2024Q1	knx	Percentages Of Foreign Operations Consolidated Revenue PercentagesOfForeignOperationsConsolidatedRevenue	0.050
CY2023Q1	knx	Percentages Of Foreign Operations Consolidated Revenue PercentagesOfForeignOperationsConsolidatedRevenue	0.050
CY2023Q1	knx	Percentages Of Foreign Operations Consolidated Revenue PercentagesOfForeignOperationsConsolidatedRevenue	0.050
CY2024Q1	knx	Percentages Of Foreign Operations Consolidated Revenue PercentagesOfForeignOperationsConsolidatedRevenue	0.050
CY2024Q1	knx	Longlivedassetsofforeignoperations Longlivedassetsofforeignoperations	0.050
CY2023Q4	knx	Longlivedassetsofforeignoperations Longlivedassetsofforeignoperations	0.050

Files In Submission

Name	View Source	Status
0001492691-24-000064-index-headers.html	Edgar Link	pending
0001492691-24-000064-index.html	Edgar Link	pending
0001492691-24-000064.txt	Edgar Link	pending
0001492691-24-000064-xbrl.zip	Edgar Link	pending
Financial_Report.xlsx	Edgar Link	pending
knx-20240331.htm	Edgar Link	pending
knx-20240331.xsd	Edgar Link	pending
FilingSummary.xml	Edgar Link	unprocessable
knx-20240331_g1.jpg	Edgar Link	pending
knx-ex101x3312024.htm	Edgar Link	pending
knx-ex311x3312024.htm	Edgar Link	pending
knx-ex312x3312024.htm	Edgar Link	pending
knx-ex321x3312024.htm	Edgar Link	pending
knx-ex322x3312024.htm	Edgar Link	pending
MetaLinks.json	Edgar Link	pending
R1.htm	Edgar Link	pending
R10.htm	Edgar Link	pending
R11.htm	Edgar Link	pending
R12.htm	Edgar Link	pending
R13.htm	Edgar Link	pending
R14.htm	Edgar Link	pending
R15.htm	Edgar Link	pending
R16.htm	Edgar Link	pending
R17.htm	Edgar Link	pending
R18.htm	Edgar Link	pending
R19.htm	Edgar Link	pending
R2.htm	Edgar Link	pending
R20.htm	Edgar Link	pending
R21.htm	Edgar Link	pending
R22.htm	Edgar Link	pending
R23.htm	Edgar Link	pending
R24.htm	Edgar Link	pending
R25.htm	Edgar Link	pending
R26.htm	Edgar Link	pending
R27.htm	Edgar Link	pending
R28.htm	Edgar Link	pending
R29.htm	Edgar Link	pending
R3.htm	Edgar Link	pending
R30.htm	Edgar Link	pending
R31.htm	Edgar Link	pending
R32.htm	Edgar Link	pending
R33.htm	Edgar Link	pending
R34.htm	Edgar Link	pending
R35.htm	Edgar Link	pending
R36.htm	Edgar Link	pending
R37.htm	Edgar Link	pending
R38.htm	Edgar Link	pending
R39.htm	Edgar Link	pending
R4.htm	Edgar Link	pending
R40.htm	Edgar Link	pending
R41.htm	Edgar Link	pending
R42.htm	Edgar Link	pending
R43.htm	Edgar Link	pending
R44.htm	Edgar Link	pending
R45.htm	Edgar Link	pending
R46.htm	Edgar Link	pending
R47.htm	Edgar Link	pending
knx-20240331_lab.xml	Edgar Link	unprocessable
knx-20240331_pre.xml	Edgar Link	unprocessable
knx-20240331_htm.xml	Edgar Link	completed
R48.htm	Edgar Link	pending
R5.htm	Edgar Link	pending
R6.htm	Edgar Link	pending
R7.htm	Edgar Link	pending
R8.htm	Edgar Link	pending
R9.htm	Edgar Link	pending
report.css	Edgar Link	pending
Show.js	Edgar Link	pending
knx-20240331_def.xml	Edgar Link	unprocessable
knx-20240331_cal.xml	Edgar Link	unprocessable

Create your account

Find Stocks Worth Researching

Deeply Understand Businesses

Value Businesses Intelligently

$KNX
Knight-Swift Transportation Holdings Inc. Stock $knx

2024 Q2 Form 10-Q Financial Statement

#000149269124000064 Filed on May 01, 2024

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$KNX Knight-Swift Transportation Holdings Inc. Stock $knx

2024 Q2 Form 10-Q Financial Statement

#000149269124000064 Filed on May 01, 2024

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$KNX
Knight-Swift Transportation Holdings Inc. Stock $knx