2018 Q1 Form 10-Q Financial Statement

#000087892718000020 Filed on May 07, 2018

View on sec.gov

Income Statement

Concept 2018 Q1 2017 Q4 2017 Q1
Revenue $925.0M $891.1M $754.1M
YoY Change 22.67% 19.49% 6.55%
Cost Of Revenue $114.1M $106.7M $91.00M
YoY Change 25.38% 26.87% 20.69%
Gross Profit $811.0M $784.4M $663.1M
YoY Change 22.3% 18.56% 4.85%
Gross Profit Margin 87.67% 88.02% 87.93%
Selling, General & Admin $551.3M $531.6M $457.7M
YoY Change 20.45% 16.99% 3.67%
% of Gross Profit 67.98% 67.77% 69.02%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $53.50M $53.10M $50.30M
YoY Change 6.36% 7.06% 12.28%
% of Gross Profit 6.6% 6.77% 7.59%
Operating Expenses $661.6M $641.0M $555.0M
YoY Change 19.21% 16.93% 4.17%
Operating Profit $149.3M $143.5M $108.1M
YoY Change 38.12% 26.45% 8.61%
Interest Expense $400.0K $0.00 -$600.0K
YoY Change -166.67% -100.0% -50.0%
% of Operating Profit 0.27% 0.0% -0.55%
Other Income/Expense, Net -$1.854M $400.0K -$969.0K
YoY Change 91.33% -133.33% -42.42%
Pretax Income $147.5M $143.9M $107.2M
YoY Change 37.64% 29.29% 9.49%
Income Tax $38.15M $104.9M $41.36M
% Of Pretax Income 25.87% 72.9% 38.6%
Net Earnings $109.3M $197.3M $65.79M
YoY Change 66.18% 187.91% 9.13%
Net Earnings / Revenue 11.82% 22.14% 8.72%
Basic Earnings Per Share $1.33 $2.40 $0.80
Diluted Earnings Per Share $1.33 $2.39 $0.80
COMMON SHARES
Basic Shares Outstanding 82.25M 82.38M shares 82.35M shares
Diluted Shares Outstanding 82.36M 82.44M shares

Balance Sheet

Concept 2018 Q1 2017 Q4 2017 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $159.9M $127.5M $47.60M
YoY Change 235.92% 1150.0% 570.42%
Cash & Equivalents $159.9M $127.5M $47.55M
Short-Term Investments
Other Short-Term Assets $37.00M $41.40M $39.60M
YoY Change -6.57% 8.95% 22.6%
Inventory
Prepaid Expenses $37.04M $41.41M $39.63M
Receivables $412.9M $394.2M $332.2M
Other Receivables $5.542M $21.61M $5.734M
Total Short-Term Assets $615.5M $584.7M $425.1M
YoY Change 44.79% 52.8% 19.53%
LONG-TERM ASSETS
Property, Plant & Equipment $2.451B $2.404B $2.246B
YoY Change 9.11% 7.27% 7.06%
Goodwill $19.46M $19.46M $19.46M
YoY Change 0.0% 0.0% 0.0%
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $58.26M $59.85M $54.19M
YoY Change 7.51% 13.44% 28.42%
Total Long-Term Assets $2.529B $2.484B $2.320B
YoY Change 8.99% 7.35% 7.41%
TOTAL ASSETS
Total Short-Term Assets $615.5M $584.7M $425.1M
Total Long-Term Assets $2.529B $2.484B $2.320B
Total Assets $3.144B $3.068B $2.745B
YoY Change 14.54% 13.8% 9.13%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $78.50M $73.73M $56.84M
YoY Change 38.1% -17.36% -29.89%
Accrued Expenses $25.87M $24.81M $22.32M
YoY Change 15.94% 8.64% -10.54%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $0.00 $50.00M $50.00M
YoY Change -100.0% 95.31%
Total Short-Term Liabilities $345.3M $351.0M $334.8M
YoY Change 3.14% 21.62% 3.58%
LONG-TERM LIABILITIES
Long-Term Debt $45.00M $45.00M $45.00M
YoY Change 0.0% -57.14% -54.86%
Other Long-Term Liabilities $215.6M $205.6M $183.3M
YoY Change 17.65% 14.92% 16.61%
Total Long-Term Liabilities $440.0M $440.5M $500.9M
YoY Change -12.16% -20.83% 1.81%
TOTAL LIABILITIES
Total Short-Term Liabilities $345.3M $351.0M $334.8M
Total Long-Term Liabilities $440.0M $440.5M $500.9M
Total Liabilities $785.3M $791.6M $835.6M
YoY Change -6.03% -6.33% 2.51%
SHAREHOLDERS EQUITY
Retained Earnings $2.212B $2.130B $1.765B
YoY Change 25.31% 24.76% 13.32%
Common Stock $138.9M $138.4M $136.2M
YoY Change 2.02% 2.14% 1.32%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $2.359B $2.277B $1.909B
YoY Change
Total Liabilities & Shareholders Equity $3.144B $3.068B $2.745B
YoY Change 14.54% 13.8% 9.13%

Cashflow Statement

Concept 2018 Q1 2017 Q4 2017 Q1
OPERATING ACTIVITIES
Net Income $109.3M $197.3M $65.79M
YoY Change 66.18% 187.91% 9.13%
Depreciation, Depletion And Amortization $53.50M $53.10M $50.30M
YoY Change 6.36% 7.06% 12.28%
Cash From Operating Activities $211.2M $148.3M $110.8M
YoY Change 90.64% -4.63% -34.2%
INVESTING ACTIVITIES
Capital Expenditures -$100.6M -$93.30M -$57.00M
YoY Change 76.49% 39.67% -52.62%
Acquisitions
YoY Change
Other Investing Activities $300.0K $2.600M $1.800M
YoY Change -83.33% -55.93% 157.14%
Cash From Investing Activities -$100.2M -$90.60M -$55.17M
YoY Change 81.64% 49.01% -53.87%
FINANCING ACTIVITIES
Cash Dividend Paid $10.70M $8.235M
YoY Change 29.87%
Common Stock Issuance & Retirement, Net $17.30M $50.00K
YoY Change 34498.0% -99.89%
Debt Paid & Issued, Net $50.00M $0.00
YoY Change -100.0%
Cash From Financing Activities -78.56M -8.300M -$18.26M
YoY Change 330.24% -91.66% -65.63%
NET CHANGE
Cash From Operating Activities 211.2M 148.3M $110.8M
Cash From Investing Activities -100.2M -90.60M -$55.17M
Cash From Financing Activities -78.56M -8.300M -$18.26M
Net Change In Cash 32.48M 49.40M $37.38M
YoY Change -13.12% -1129.17% -961.49%
FREE CASH FLOW
Cash From Operating Activities $211.2M $148.3M $110.8M
Capital Expenditures -$100.6M -$93.30M -$57.00M
Free Cash Flow $311.8M $241.6M $167.8M
YoY Change 85.83% 8.68% -41.87%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
CY2018Q1 dei Amendment Flag
AmendmentFlag
false
CY2018Q1 dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--12-31
CY2018Q1 dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
Q1
CY2018Q1 dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2018
CY2018Q1 dei Document Period End Date
DocumentPeriodEndDate
2018-03-31
CY2018Q1 dei Document Type
DocumentType
10-Q
CY2018Q1 dei Entity Central Index Key
EntityCentralIndexKey
0000878927
CY2018Q2 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
82199387 shares
CY2018Q1 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
9743000 USD
CY2017Q4 us-gaap Assets
Assets
3068424000 USD
CY2018Q1 us-gaap Assets
Assets
3144004000 USD
CY2017Q4 us-gaap Assets Current
AssetsCurrent
584653000 USD
CY2018Q1 us-gaap Assets Current
AssetsCurrent
615450000 USD
CY2018Q1 dei Entity Filer Category
EntityFilerCategory
Large Accelerated Filer
CY2018Q1 dei Entity Registrant Name
EntityRegistrantName
OLD DOMINION FREIGHT LINE INC/VA
CY2018Q1 dei Trading Symbol
TradingSymbol
ODFL
CY2017Q4 odfl Buildings Land And Improvements Gross
BuildingsLandAndImprovementsGross
1548079000 USD
CY2018Q1 odfl Buildings Land And Improvements Gross
BuildingsLandAndImprovementsGross
1588132000 USD
CY2017Q4 odfl Letter Of Credit Fee In Percentage
LetterOfCreditFeeInPercentage
0.01
CY2018Q1 odfl Letter Of Credit Fee In Percentage
LetterOfCreditFeeInPercentage
0.01
CY2017Q1 odfl Other Operating Expenses Net
OtherOperatingExpensesNet
4968000 USD
CY2018Q1 odfl Other Operating Expenses Net
OtherOperatingExpensesNet
8303000 USD
CY2017Q1 odfl Other Selling And General Expense
OtherSellingAndGeneralExpense
22872000 USD
CY2018Q1 odfl Other Selling And General Expense
OtherSellingAndGeneralExpense
29976000 USD
CY2017Q4 us-gaap Accounts Payable Current
AccountsPayableCurrent
73729000 USD
CY2018Q1 us-gaap Accounts Payable Current
AccountsPayableCurrent
78498000 USD
CY2017Q4 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
394169000 USD
CY2018Q1 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
412932000 USD
CY2017Q4 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
24805000 USD
CY2018Q1 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
25872000 USD
CY2017Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
1175470000 USD
CY2018Q1 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
1222814000 USD
CY2017Q4 us-gaap Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
138359000 USD
CY2018Q1 us-gaap Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
138921000 USD
CY2017Q4 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
9465000 USD
CY2016Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
10171000 USD
CY2017Q1 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
47551000 USD
CY2017Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
127462000 USD
CY2018Q1 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
159937000 USD
CY2017Q1 us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
37380000 USD
CY2018Q1 us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
32475000 USD
CY2017Q4 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
USD
CY2018Q1 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
USD
CY2017Q1 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.10
CY2018Q1 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.13
CY2017Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.10
CY2018Q1 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.13
CY2017Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
140000000 shares
CY2018Q1 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
140000000 shares
CY2017Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
82375945 shares
CY2018Q1 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
82284180 shares
CY2017Q4 us-gaap Common Stock Value Outstanding
CommonStockValueOutstanding
8238000 USD
CY2018Q1 us-gaap Cost Of Services Direct Materials
CostOfServicesDirectMaterials
114061000 USD
CY2017Q1 us-gaap Cost Of Services Direct Taxes And Licenses Costs
CostOfServicesDirectTaxesAndLicensesCosts
24022000 USD
CY2018Q1 us-gaap Cost Of Services Direct Taxes And Licenses Costs
CostOfServicesDirectTaxesAndLicensesCosts
26788000 USD
CY2017Q1 us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
77000 USD
CY2018Q1 us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
364000 USD
CY2017Q4 us-gaap Goodwill
Goodwill
19463000 USD
CY2018Q1 us-gaap Goodwill
Goodwill
19463000 USD
CY2018Q1 us-gaap Common Stock Value Outstanding
CommonStockValueOutstanding
8229000 USD
CY2017Q1 us-gaap Cost Of Services Direct Materials
CostOfServicesDirectMaterials
90987000 USD
CY2017Q1 us-gaap Costs And Expenses
CostsAndExpenses
645974000 USD
CY2018Q1 us-gaap Costs And Expenses
CostsAndExpenses
775680000 USD
CY2017Q4 us-gaap Debt And Capital Lease Obligations
DebtAndCapitalLeaseObligations
95000000 USD
CY2018Q1 us-gaap Debt And Capital Lease Obligations
DebtAndCapitalLeaseObligations
45000000 USD
CY2017Q4 us-gaap Debt Instrument Basis Spread On Variable Rate1
DebtInstrumentBasisSpreadOnVariableRate1
0.010
CY2018Q1 us-gaap Debt Instrument Basis Spread On Variable Rate1
DebtInstrumentBasisSpreadOnVariableRate1
0.010
CY2017Q4 us-gaap Deferred Tax Liabilities Current
DeferredTaxLiabilitiesCurrent
0 USD
CY2018Q1 us-gaap Deferred Tax Liabilities Current
DeferredTaxLiabilitiesCurrent
31305000 USD
CY2017Q4 us-gaap Deferred Tax Liabilities Noncurrent
DeferredTaxLiabilitiesNoncurrent
189960000 USD
CY2018Q1 us-gaap Deferred Tax Liabilities Noncurrent
DeferredTaxLiabilitiesNoncurrent
179354000 USD
CY2017Q1 us-gaap Depreciation And Amortization
DepreciationAndAmortization
50287000 USD
CY2018Q1 us-gaap Depreciation And Amortization
DepreciationAndAmortization
53481000 USD
CY2017Q1 us-gaap Direct Communications And Utilities Costs
DirectCommunicationsAndUtilitiesCosts
7433000 USD
CY2018Q1 us-gaap Direct Communications And Utilities Costs
DirectCommunicationsAndUtilitiesCosts
7046000 USD
CY2017Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.80
CY2018Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.33
CY2017Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.80
CY2018Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.33
CY2017Q4 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
152566000 USD
CY2018Q1 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
157818000 USD
CY2017Q1 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
107153000 USD
CY2018Q1 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
147486000 USD
CY2017Q1 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
41361000 USD
CY2018Q1 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
38153000 USD
CY2017Q1 us-gaap Increase Decrease In Operating Capital
IncreaseDecreaseInOperatingCapital
-6057000 USD
CY2018Q1 us-gaap Increase Decrease In Operating Capital
IncreaseDecreaseInOperatingCapital
46937000 USD
CY2017Q1 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
95434 shares
CY2018Q1 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
102578 shares
CY2017Q1 us-gaap Interest And Debt Expense
InterestAndDebtExpense
595000 USD
CY2018Q1 us-gaap Interest And Debt Expense
InterestAndDebtExpense
11000 USD
CY2017Q1 us-gaap Investment Income Net
InvestmentIncomeNet
35000 USD
CY2018Q1 us-gaap Investment Income Net
InvestmentIncomeNet
456000 USD
CY2017Q1 us-gaap Labor And Related Expense
LaborAndRelatedExpense
416504000 USD
CY2018Q1 us-gaap Labor And Related Expense
LaborAndRelatedExpense
501311000 USD
CY2017Q1 us-gaap Lease And Rental Expense
LeaseAndRentalExpense
2114000 USD
CY2018Q1 us-gaap Lease And Rental Expense
LeaseAndRentalExpense
1875000 USD
CY2017Q4 us-gaap Leasehold Improvements Gross
LeaseholdImprovementsGross
8668000 USD
CY2018Q1 us-gaap Leasehold Improvements Gross
LeaseholdImprovementsGross
8705000 USD
CY2017Q4 us-gaap Letters Of Credit Outstanding Amount
LettersOfCreditOutstandingAmount
71400000.0 USD
CY2018Q1 us-gaap Letters Of Credit Outstanding Amount
LettersOfCreditOutstandingAmount
68200000.0 USD
CY2017Q4 us-gaap Liabilities
Liabilities
791570000 USD
CY2018Q1 us-gaap Liabilities
Liabilities
785253000 USD
CY2017Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
3068424000 USD
CY2018Q1 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
3144004000 USD
CY2017Q4 us-gaap Liabilities Current
LiabilitiesCurrent
351049000 USD
CY2018Q1 us-gaap Liabilities Current
LiabilitiesCurrent
345285000 USD
CY2017Q4 us-gaap Liabilities Noncurrent
LiabilitiesNoncurrent
440521000 USD
CY2018Q1 us-gaap Liabilities Noncurrent
LiabilitiesNoncurrent
439968000 USD
CY2017Q4 us-gaap Line Of Credit
LineOfCredit
0 USD
CY2018Q1 us-gaap Line Of Credit
LineOfCredit
0 USD
CY2017Q4 us-gaap Line Of Credit Facility Unused Capacity Commitment Fee Percentage
LineOfCreditFacilityUnusedCapacityCommitmentFeePercentage
0.00125
CY2018Q1 us-gaap Line Of Credit Facility Unused Capacity Commitment Fee Percentage
LineOfCreditFacilityUnusedCapacityCommitmentFeePercentage
0.00125
CY2017Q4 us-gaap Long Term Debt And Capital Lease Obligations
LongTermDebtAndCapitalLeaseObligations
45000000 USD
CY2018Q1 us-gaap Long Term Debt And Capital Lease Obligations
LongTermDebtAndCapitalLeaseObligations
45000000 USD
CY2017Q4 us-gaap Long Term Debt And Capital Lease Obligations Current
LongTermDebtAndCapitalLeaseObligationsCurrent
50000000 USD
CY2018Q1 us-gaap Long Term Debt And Capital Lease Obligations Current
LongTermDebtAndCapitalLeaseObligationsCurrent
0 USD
CY2017Q4 us-gaap Long Term Debt Fair Value
LongTermDebtFairValue
97100000 USD
CY2018Q1 us-gaap Long Term Debt Fair Value
LongTermDebtFairValue
46400000 USD
CY2017Q4 us-gaap Machinery And Equipment Gross
MachineryAndEquipmentGross
1591036000 USD
CY2018Q1 us-gaap Machinery And Equipment Gross
MachineryAndEquipmentGross
1634854000 USD
CY2017Q1 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-18260000 USD
CY2018Q1 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-78561000 USD
CY2017Q1 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-55169000 USD
CY2018Q1 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-100211000 USD
CY2017Q1 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
110809000 USD
CY2018Q1 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
211247000 USD
CY2017Q1 us-gaap Net Income Loss
NetIncomeLoss
65792000 USD
CY2018Q1 us-gaap Net Income Loss
NetIncomeLoss
109333000 USD
CY2017Q1 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-969000 USD
CY2018Q1 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-1854000 USD
CY2017Q1 us-gaap Operating Income Loss
OperatingIncomeLoss
108122000 USD
CY2018Q1 us-gaap Operating Income Loss
OperatingIncomeLoss
149340000 USD
CY2017Q1 us-gaap Operating Insurance And Claims Costs Production
OperatingInsuranceAndClaimsCostsProduction
8790000 USD
CY2018Q1 us-gaap Operating Insurance And Claims Costs Production
OperatingInsuranceAndClaimsCostsProduction
11099000 USD
CY2017Q4 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
59849000 USD
CY2018Q1 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
58257000 USD
CY2017Q4 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
205561000 USD
CY2018Q1 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
215614000 USD
CY2017Q1 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-409000 USD
CY2018Q1 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-2299000 USD
CY2017Q4 us-gaap Other Receivables Net Current
OtherReceivablesNetCurrent
21612000 USD
CY2018Q1 us-gaap Other Receivables Net Current
OtherReceivablesNetCurrent
5542000 USD
CY2017Q1 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
50000 USD
CY2018Q1 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
17299000 USD
CY2017Q1 us-gaap Payments Of Dividends
PaymentsOfDividends
8235000 USD
CY2018Q1 us-gaap Payments Of Dividends
PaymentsOfDividends
10695000 USD
CY2017Q1 us-gaap Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
56997000 USD
CY2018Q1 us-gaap Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
100558000 USD
CY2017Q4 us-gaap Prepaid Expense Current
PrepaidExpenseCurrent
41410000 USD
CY2018Q1 us-gaap Prepaid Expense Current
PrepaidExpenseCurrent
37039000 USD
CY2017Q1 us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
0 USD
CY2018Q1 us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
-567000 USD
CY2017Q1 us-gaap Proceeds From Repayments Of Lines Of Credit
ProceedsFromRepaymentsOfLinesOfCredit
-9975000 USD
CY2018Q1 us-gaap Proceeds From Repayments Of Lines Of Credit
ProceedsFromRepaymentsOfLinesOfCredit
0 USD
CY2017Q1 us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
1828000 USD
CY2018Q1 us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
347000 USD
CY2017Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
3579929000 USD
CY2018Q1 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
3673648000 USD
CY2017Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
2404459000 USD
CY2018Q1 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
2450834000 USD
CY2017Q4 us-gaap Property Plant And Equipment Other
PropertyPlantAndEquipmentOther
432146000 USD
CY2018Q1 us-gaap Property Plant And Equipment Other
PropertyPlantAndEquipmentOther
441957000 USD
CY2017Q1 us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
0 USD
CY2018Q1 us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
50000000 USD
CY2017Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
2130257000 USD
CY2018Q1 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
2211601000 USD
CY2017Q1 us-gaap Sales Revenue Services Net
SalesRevenueServicesNet
754096000 USD
CY2017Q1 us-gaap Sales Revenue Services Net
SalesRevenueServicesNet
754096000 USD
CY2018Q1 us-gaap Sales Revenue Services Net
SalesRevenueServicesNet
925020000 USD
CY2018Q1 us-gaap Sales Revenue Services Net
SalesRevenueServicesNet
925020000 USD
CY2017Q4 us-gaap Self Insurance Reserve Current
SelfInsuranceReserveCurrent
49949000 USD
CY2018Q1 us-gaap Self Insurance Reserve Current
SelfInsuranceReserveCurrent
51792000 USD
CY2017Q4 us-gaap Senior Notes
SeniorNotes
95000000 USD
CY2018Q1 us-gaap Senior Notes
SeniorNotes
45000000 USD
CY2017Q1 us-gaap Share Based Compensation
ShareBasedCompensation
710000 USD
CY2018Q1 us-gaap Share Based Compensation
ShareBasedCompensation
1132000 USD
CY2017Q1 us-gaap Shipping Handling And Transportation Costs
ShippingHandlingAndTransportationCosts
17997000 USD
CY2018Q1 us-gaap Shipping Handling And Transportation Costs
ShippingHandlingAndTransportationCosts
21740000 USD
CY2018Q1 us-gaap Stock Repurchase Program Authorized Amount1
StockRepurchaseProgramAuthorizedAmount1
250000000 USD
CY2018Q1 us-gaap Stock Repurchase Program Remaining Authorized Repurchase Amount1
StockRepurchaseProgramRemainingAuthorizedRepurchaseAmount1
174700000 USD
CY2018Q1 us-gaap Stock Repurchased And Retired During Period Shares
StockRepurchasedAndRetiredDuringPeriodShares
121987 shares
CY2018Q1 us-gaap Stock Repurchased And Retired During Period Value
StockRepurchasedAndRetiredDuringPeriodValue
17300000 USD
CY2017Q4 us-gaap Stockholders Equity
StockholdersEquity
2276854000 USD
CY2018Q1 us-gaap Stockholders Equity
StockholdersEquity
2358751000 USD
CY2017Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
82444458 shares
CY2018Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
82356048 shares
CY2017Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
82349024 shares
CY2018Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
82253470 shares
CY2018Q1 us-gaap Nature Of Operations
NatureOfOperations
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;font-size:10pt;"><font style="font-family:Arial;font-size:10pt;font-style:italic;font-weight:bold;">Business</font></div><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-indent:32px;font-size:10pt;"><font style="font-family:Arial;font-size:10pt;">We are a leading, less-than-truckload (&#8220;LTL&#8221;), union-free motor carrier providing regional, inter-regional and national LTL services, which include ground and air expedited transportation and consumer household pickup and delivery, through a single integrated organization. In addition to our core LTL services, we offer a range of value-added services including container drayage, truckload brokerage, supply chain consulting and warehousing. We have one operating segment and the composition of our revenue is summarized below:</font></div><div style="line-height:120%;text-indent:32px;font-size:10pt;"><font style="font-family:Arial;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:center;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;margin-left:auto;margin-right:auto;width:98.635477582846%;border-collapse:collapse;text-align:left;"><tr><td colspan="9" rowspan="1"></td></tr><tr><td style="width:66%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:14%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:14%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="7" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:Arial;font-size:10pt;font-weight:bold;">Three Months Ended&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8pt;"><font style="font-family:Arial;font-size:8pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="7" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:Arial;font-size:10pt;font-weight:bold;">March&#160;31,</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8pt;"><font style="font-family:Arial;font-size:8pt;font-style:italic;text-decoration:underline;">(In thousands)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:Arial;font-size:10pt;font-weight:bold;">2018</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:Arial;font-size:10pt;font-weight:bold;">2017</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:Arial;font-size:10pt;">LTL services</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:Arial;font-size:10pt;font-weight:bold;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:Arial;font-size:10pt;font-weight:bold;">911,054</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:Arial;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:Arial;font-size:10pt;">740,186</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:Arial;font-size:10pt;">Other services</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:Arial;font-size:10pt;font-weight:bold;">13,966</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:Arial;font-size:10pt;">13,910</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:Arial;font-size:10pt;">Total revenue from operations</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:Arial;font-size:10pt;font-weight:bold;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:Arial;font-size:10pt;font-weight:bold;">925,020</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:Arial;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:Arial;font-size:10pt;">754,096</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr></table></div></div></div>

Files In Submission

Name View Source Status
0000878927-18-000020-index-headers.html Edgar Link pending
0000878927-18-000020-index.html Edgar Link pending
0000878927-18-000020.txt Edgar Link pending
0000878927-18-000020-xbrl.zip Edgar Link pending
FilingSummary.xml Edgar Link unprocessable
Financial_Report.xlsx Edgar Link pending
odfl-20180331.xml Edgar Link completed
odfl-20180331.xsd Edgar Link pending
odfl-20180331_cal.xml Edgar Link unprocessable
odfl-20180331_def.xml Edgar Link unprocessable
odfl-20180331_lab.xml Edgar Link unprocessable
odfl-20180331_pre.xml Edgar Link unprocessable
odfl2018033110q.htm Edgar Link pending
odflexhibit311-1q2018.htm Edgar Link pending
odflexhibit312-1q2018.htm Edgar Link pending
odflexhibit321-1q2018.htm Edgar Link pending
odflexhibit322-1q2018.htm 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
R3.htm Edgar Link pending
R4.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