2018 Q1 Form 10-Q Financial Statement
#000087892718000020 Filed on May 07, 2018
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 (“LTL”), 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;"> </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;"> </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 </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></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;"> </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 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;"> </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;"> </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;"> </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;"> </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;"> </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;"> </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;"> </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;"> </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> |