$ODFL
OLD DOMINION FREIGHT LINE, INC.

2019 Q1 Form 10-Q Financial Statement

#000156459019016333 Filed on May 07, 2019

View on sec.gov

Income Statement

Concept 2019 Q1 2018 Q1
Revenue $990.8M $925.0M
YoY Change 7.11% 22.67%
Cost Of Revenue $121.4M $114.1M
YoY Change 6.4% 25.38%
Gross Profit $869.4M $811.0M
YoY Change 7.2% 22.3%
Gross Profit Margin 87.75% 87.67%
Selling, General & Admin $572.9M $551.3M
YoY Change 3.92% 20.45%
% of Gross Profit 65.9% 67.98%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $63.10M $53.50M
YoY Change 17.94% 6.36%
% of Gross Profit 7.26% 6.6%
Operating Expenses $691.0M $661.6M
YoY Change 4.44% 19.21%
Operating Profit $178.4M $149.3M
YoY Change 19.48% 38.12%
Interest Expense $1.400M $400.0K
YoY Change 250.0% -166.67%
% of Operating Profit 0.78% 0.27%
Other Income/Expense, Net $1.961M -$1.854M
YoY Change -205.77% 91.33%
Pretax Income $180.4M $147.5M
YoY Change 22.31% 37.64%
Income Tax $47.06M $38.15M
% Of Pretax Income 26.09% 25.87%
Net Earnings $133.3M $109.3M
YoY Change 21.94% 66.18%
Net Earnings / Revenue 13.46% 11.82%
Basic Earnings Per Share $1.10 $1.33
Diluted Earnings Per Share $1.10 $1.33
COMMON SHARES
Basic Shares Outstanding 121.5M 82.25M
Diluted Shares Outstanding 121.7M 82.36M

Balance Sheet

Concept 2019 Q1 2018 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $280.6M $159.9M
YoY Change 75.48% 235.92%
Cash & Equivalents $280.6M $159.9M
Short-Term Investments
Other Short-Term Assets $47.90M $37.00M
YoY Change 29.46% -6.57%
Inventory
Prepaid Expenses $37.04M
Receivables $447.2M $412.9M
Other Receivables $8.091M $5.542M
Total Short-Term Assets $783.9M $615.5M
YoY Change 27.37% 44.79%
LONG-TERM ASSETS
Property, Plant & Equipment $2.762B $2.451B
YoY Change 12.69% 9.11%
Goodwill $19.46M $19.46M
YoY Change 0.0% 0.0%
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $138.8M $58.26M
YoY Change 138.33% 7.51%
Total Long-Term Assets $2.920B $2.529B
YoY Change 15.49% 8.99%
TOTAL ASSETS
Total Short-Term Assets $783.9M $615.5M
Total Long-Term Assets $2.920B $2.529B
Total Assets $3.704B $3.144B
YoY Change 17.81% 14.54%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $79.40M $78.50M
YoY Change 1.15% 38.1%
Accrued Expenses $53.84M $25.87M
YoY Change 108.11% 15.94%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due $0.00 $0.00
YoY Change -100.0%
Total Short-Term Liabilities $358.2M $345.3M
YoY Change 3.73% 3.14%
LONG-TERM LIABILITIES
Long-Term Debt $45.00M $45.00M
YoY Change 0.0% 0.0%
Other Long-Term Liabilities $282.8M $215.6M
YoY Change 31.18% 17.65%
Total Long-Term Liabilities $575.5M $440.0M
YoY Change 30.81% -12.16%
TOTAL LIABILITIES
Total Short-Term Liabilities $358.2M $345.3M
Total Long-Term Liabilities $575.5M $440.0M
Total Liabilities $933.7M $785.3M
YoY Change 18.9% -6.03%
SHAREHOLDERS EQUITY
Retained Earnings $2.619B $2.212B
YoY Change 18.43% 25.31%
Common Stock $143.1M $138.9M
YoY Change 3.02% 2.02%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $2.770B $2.359B
YoY Change
Total Liabilities & Shareholders Equity $3.704B $3.144B
YoY Change 17.81% 14.54%

Cashflow Statement

Concept 2019 Q1 2018 Q1
OPERATING ACTIVITIES
Net Income $133.3M $109.3M
YoY Change 21.94% 66.18%
Depreciation, Depletion And Amortization $63.10M $53.50M
YoY Change 17.94% 6.36%
Cash From Operating Activities $206.2M $211.2M
YoY Change -2.4% 90.64%
INVESTING ACTIVITIES
Capital Expenditures -$70.70M -$100.6M
YoY Change -29.72% 76.49%
Acquisitions
YoY Change
Other Investing Activities $300.0K $300.0K
YoY Change 0.0% -83.33%
Cash From Investing Activities -$70.46M -$100.2M
YoY Change -29.68% 81.64%
FINANCING ACTIVITIES
Cash Dividend Paid $13.79M $10.70M
YoY Change 28.94% 29.87%
Common Stock Issuance & Retirement, Net $30.60M $17.30M
YoY Change 76.87% 34498.0%
Debt Paid & Issued, Net $50.00M
YoY Change
Cash From Financing Activities -45.37M -78.56M
YoY Change -42.25% 330.24%
NET CHANGE
Cash From Operating Activities 206.2M 211.2M
Cash From Investing Activities -70.46M -100.2M
Cash From Financing Activities -45.37M -78.56M
Net Change In Cash 90.35M 32.48M
YoY Change 178.2% -13.12%
FREE CASH FLOW
Cash From Operating Activities $206.2M $211.2M
Capital Expenditures -$70.70M -$100.6M
Free Cash Flow $276.9M $311.8M
YoY Change -11.21% 85.83%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
CY2019Q1 dei Entity Small Business
EntitySmallBusiness
false
CY2019Q1 dei Entity Emerging Growth Company
EntityEmergingGrowthCompany
false
CY2019Q1 dei Trading Symbol
TradingSymbol
ODFL
CY2019Q2 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
80946620
CY2019Q1 dei Document Type
DocumentType
10-Q
CY2019Q1 dei Amendment Flag
AmendmentFlag
false
CY2019Q1 dei Document Period End Date
DocumentPeriodEndDate
2019-03-31
CY2019Q1 dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2019
CY2019Q1 dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
Q1
CY2019Q1 dei Entity Registrant Name
EntityRegistrantName
OLD DOMINION FREIGHT LINE INC/VA
CY2018Q4 us-gaap Debt And Capital Lease Obligations
DebtAndCapitalLeaseObligations
45000000
CY2019Q1 us-gaap Long Term Debt Fair Value
LongTermDebtFairValue
46000000
CY2019Q1 dei Entity Central Index Key
EntityCentralIndexKey
0000878927
CY2019Q1 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
280627000
CY2018Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
190282000
CY2019Q1 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
447242000
CY2018Q4 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
427569000
CY2019Q1 us-gaap Other Receivables Net Current
OtherReceivablesNetCurrent
8091000
CY2018Q4 us-gaap Other Receivables Net Current
OtherReceivablesNetCurrent
40691000
CY2019Q1 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
47918000
CY2018Q4 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
47687000
CY2019Q1 us-gaap Assets Current
AssetsCurrent
783878000
CY2018Q4 us-gaap Assets Current
AssetsCurrent
706229000
CY2019Q1 us-gaap Machinery And Equipment Gross
MachineryAndEquipmentGross
1835518000
CY2018Q4 us-gaap Machinery And Equipment Gross
MachineryAndEquipmentGross
1811233000
CY2019Q1 odfl Buildings Land And Improvements Gross
BuildingsLandAndImprovementsGross
1829360000
CY2018Q4 odfl Buildings Land And Improvements Gross
BuildingsLandAndImprovementsGross
1796868000
CY2019Q1 us-gaap Property Plant And Equipment Other
PropertyPlantAndEquipmentOther
463326000
CY2018Q4 us-gaap Property Plant And Equipment Other
PropertyPlantAndEquipmentOther
454432000
CY2019Q1 us-gaap Leasehold Improvements Gross
LeaseholdImprovementsGross
10873000
CY2018Q4 us-gaap Leasehold Improvements Gross
LeaseholdImprovementsGross
10619000
CY2019Q1 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
4139077000
CY2018Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
4073152000
CY2019Q1 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
1377220000
CY2018Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
1318209000
CY2019Q1 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
2761857000
CY2018Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
2754943000
CY2019Q1 us-gaap Goodwill
Goodwill
19463000
CY2018Q4 us-gaap Goodwill
Goodwill
19463000
CY2019Q1 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
138844000
CY2018Q4 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
64648000
CY2019Q1 us-gaap Assets
Assets
3704042000
CY2018Q4 us-gaap Assets
Assets
3545283000
CY2019Q1 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
10215000
CY2018Q4 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
9913000
CY2019Q1 us-gaap Accounts Payable Current
AccountsPayableCurrent
79397000
CY2018Q4 us-gaap Accounts Payable Current
AccountsPayableCurrent
78518000
CY2019Q1 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
174346000
CY2018Q4 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
198456000
CY2019Q1 us-gaap Self Insurance Reserve Current
SelfInsuranceReserveCurrent
50570000
CY2018Q4 us-gaap Self Insurance Reserve Current
SelfInsuranceReserveCurrent
53263000
CY2019Q1 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
53842000
CY2018Q4 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
26495000
CY2019Q1 us-gaap Liabilities Current
LiabilitiesCurrent
358155000
CY2018Q4 us-gaap Liabilities Current
LiabilitiesCurrent
356732000
CY2019Q1 us-gaap Long Term Debt And Capital Lease Obligations
LongTermDebtAndCapitalLeaseObligations
45000000
CY2018Q4 us-gaap Long Term Debt And Capital Lease Obligations
LongTermDebtAndCapitalLeaseObligations
45000000
CY2019Q1 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
282847000
CY2018Q4 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
215399000
CY2019Q1 us-gaap Deferred Tax Liabilities Noncurrent
DeferredTaxLiabilitiesNoncurrent
247669000
CY2018Q4 us-gaap Deferred Tax Liabilities Noncurrent
DeferredTaxLiabilitiesNoncurrent
247669000
CY2019Q1 us-gaap Liabilities Noncurrent
LiabilitiesNoncurrent
575516000
CY2018Q4 us-gaap Liabilities Noncurrent
LiabilitiesNoncurrent
508068000
CY2019Q1 us-gaap Liabilities
Liabilities
933671000
CY2018Q4 us-gaap Liabilities
Liabilities
864800000
CY2019Q1 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
CY2018Q4 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
CY2019Q1 us-gaap Common Stock Value Outstanding
CommonStockValueOutstanding
8107000
CY2018Q4 us-gaap Common Stock Value Outstanding
CommonStockValueOutstanding
8123000
CY2019Q1 us-gaap Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
143123000
CY2018Q4 us-gaap Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
142176000
CY2019Q1 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
2619141000
CY2018Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
2530184000
CY2019Q1 us-gaap Stockholders Equity
StockholdersEquity
2770371000
CY2018Q4 us-gaap Stockholders Equity
StockholdersEquity
2680483000
CY2018Q1 us-gaap Labor And Related Expense
LaborAndRelatedExpense
501311000
CY2019Q1 us-gaap Labor And Related Expense
LaborAndRelatedExpense
522344000
CY2019Q1 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
3704042000
CY2018Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
3545283000
CY2019Q1 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.10
CY2018Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.10
CY2019Q1 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
140000000
CY2018Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
140000000
CY2019Q1 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
81071908
CY2018Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
81231131
CY2019Q1 us-gaap Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
990782000
CY2018Q1 us-gaap Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
925020000
CY2019Q1 us-gaap Operating Costs And Expenses
OperatingCostsAndExpenses
121357000
CY2018Q1 us-gaap Operating Costs And Expenses
OperatingCostsAndExpenses
115936000
CY2019Q1 odfl Other Selling And General Expense
OtherSellingAndGeneralExpense
31560000
CY2018Q1 odfl Other Selling And General Expense
OtherSellingAndGeneralExpense
29976000
CY2019Q1 us-gaap Direct Taxes And Licenses Costs
DirectTaxesAndLicensesCosts
29071000
CY2018Q1 us-gaap Direct Taxes And Licenses Costs
DirectTaxesAndLicensesCosts
26788000
CY2019Q1 us-gaap Operating Insurance And Claims Costs Production
OperatingInsuranceAndClaimsCostsProduction
11172000
CY2018Q1 us-gaap Operating Insurance And Claims Costs Production
OperatingInsuranceAndClaimsCostsProduction
11099000
CY2019Q1 us-gaap Direct Communications And Utilities Costs
DirectCommunicationsAndUtilitiesCosts
7839000
CY2018Q1 us-gaap Direct Communications And Utilities Costs
DirectCommunicationsAndUtilitiesCosts
7046000
CY2019Q1 us-gaap Depreciation And Amortization
DepreciationAndAmortization
63073000
CY2018Q1 us-gaap Depreciation And Amortization
DepreciationAndAmortization
53481000
CY2019Q1 odfl Purchased Transportation
PurchasedTransportation
20687000
CY2018Q1 odfl Purchased Transportation
PurchasedTransportation
21740000
CY2019Q1 us-gaap Other Cost And Expense Operating
OtherCostAndExpenseOperating
5253000
CY2018Q1 us-gaap Other Cost And Expense Operating
OtherCostAndExpenseOperating
8303000
CY2019Q1 us-gaap Costs And Expenses
CostsAndExpenses
812356000
CY2018Q1 us-gaap Costs And Expenses
CostsAndExpenses
775680000
CY2019Q1 us-gaap Operating Income Loss
OperatingIncomeLoss
178426000
CY2018Q1 us-gaap Operating Income Loss
OperatingIncomeLoss
149340000
CY2019Q1 us-gaap Interest And Debt Expense
InterestAndDebtExpense
122000
CY2018Q1 us-gaap Interest And Debt Expense
InterestAndDebtExpense
11000
CY2019Q1 us-gaap Investment Income Net
InvestmentIncomeNet
1483000
CY2018Q1 us-gaap Investment Income Net
InvestmentIncomeNet
456000
CY2019Q1 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
600000
CY2018Q1 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-2299000
CY2019Q1 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
1961000
CY2018Q1 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-1854000
CY2019Q1 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
180387000
CY2018Q1 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
147486000
CY2019Q1 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
47064000
CY2018Q1 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
38153000
CY2019Q1 us-gaap Profit Loss
ProfitLoss
133323000
CY2018Q1 us-gaap Profit Loss
ProfitLoss
109333000
CY2019Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.65
CY2018Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.33
CY2019Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.64
CY2018Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.33
CY2019Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
81033137
CY2018Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
82253470
CY2019Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
81143554
CY2018Q1 us-gaap Share Based Compensation
ShareBasedCompensation
1132000
CY2019Q1 us-gaap Increase Decrease In Operating Capital
IncreaseDecreaseInOperatingCapital
-7369000
CY2018Q1 us-gaap Increase Decrease In Operating Capital
IncreaseDecreaseInOperatingCapital
-46937000
CY2019Q1 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
206175000
CY2018Q1 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
211247000
CY2019Q1 us-gaap Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
70741000
CY2018Q1 us-gaap Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
100558000
CY2018Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
82356048
CY2019Q1 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.17
CY2018Q1 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.13
CY2018Q1 us-gaap Stockholders Equity
StockholdersEquity
2358751000
CY2019Q1 us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
-477000
CY2018Q1 us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
-364000
CY2019Q1 us-gaap Share Based Compensation
ShareBasedCompensation
1933000
CY2019Q1 us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
277000
CY2018Q1 us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
347000
CY2019Q1 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-70464000
CY2018Q1 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-100211000
CY2018Q1 us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
50000000
CY2019Q1 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
30596000
CY2018Q1 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
17299000
CY2019Q1 us-gaap Payments Of Dividends
PaymentsOfDividends
13790000
CY2018Q1 us-gaap Payments Of Dividends
PaymentsOfDividends
10695000
CY2019Q1 us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
-980000
CY2018Q1 us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
-567000
CY2019Q1 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-45366000
CY2018Q1 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-78561000
CY2019Q1 us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
90345000
CY2018Q1 us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
32475000
CY2017Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
127462000
CY2018Q1 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
159937000
CY2019Q1 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P9Y6M
CY2019Q1 us-gaap Number Of Operating Segments
NumberOfOperatingSegments
1
CY2019Q1 us-gaap Debt And Capital Lease Obligations
DebtAndCapitalLeaseObligations
45000000
CY2019Q1 us-gaap Lessee Operating Lease Liability Payments Remainder Of Fiscal Year
LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear
9943000
CY2019Q1 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
11516000
CY2019Q1 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
8917000
CY2019Q1 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
6524000
CY2019Q1 us-gaap Lessee Operating Lease Liability Payments Due Year Five
LesseeOperatingLeaseLiabilityPaymentsDueYearFive
5314000
CY2019Q1 us-gaap Lessee Operating Lease Liability Payments Due After Year Five
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive
47210000
CY2019Q1 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
89424000
CY2019Q1 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
20471000
CY2019Q1 us-gaap Operating Lease Liability
OperatingLeaseLiability
68953000
CY2019Q1 odfl Lessee Operating Lease Lease Not Yet Commenced Payments Due
LesseeOperatingLeaseLeaseNotYetCommencedPaymentsDue
44900000
CY2018Q4 us-gaap Long Term Debt Fair Value
LongTermDebtFairValue
45600000
CY2019Q1 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
110417
CY2018Q1 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
102578
CY2019Q1 us-gaap Senior Notes
SeniorNotes
45000000
CY2018Q4 us-gaap Senior Notes
SeniorNotes
45000000
CY2019Q1 us-gaap Line Of Credit
LineOfCredit
0
CY2018Q4 us-gaap Line Of Credit
LineOfCredit
0
CY2019Q1 us-gaap Long Term Debt And Capital Lease Obligations Current
LongTermDebtAndCapitalLeaseObligationsCurrent
0
CY2018Q4 us-gaap Long Term Debt And Capital Lease Obligations Current
LongTermDebtAndCapitalLeaseObligationsCurrent
0
CY2019Q1 us-gaap Debt Instrument Maturity Date
DebtInstrumentMaturityDate
2021-01-03
CY2019Q1 us-gaap Long Term Debt Percentage Bearing Fixed Interest Rate
LongTermDebtPercentageBearingFixedInterestRate
0.0479
CY2019Q1 odfl Letter Of Credit Fee In Percentage
LetterOfCreditFeeInPercentage
0.010
CY2019Q1 us-gaap Line Of Credit Facility Unused Capacity Commitment Fee Percentage
LineOfCreditFacilityUnusedCapacityCommitmentFeePercentage
0.00125
CY2019Q1 us-gaap Letters Of Credit Outstanding Amount
LettersOfCreditOutstandingAmount
58900000
CY2018Q4 us-gaap Letters Of Credit Outstanding Amount
LettersOfCreditOutstandingAmount
61500000
CY2019Q1 odfl Number Of Real Estate Under Operating Lease
NumberOfRealEstateUnderOperatingLease
32
CY2019Q1 odfl Number Of Service Center Locations
NumberOfServiceCenterLocations
235
CY2019Q1 odfl Lessee Operating Lease Option To Renew Earliest Year
LesseeOperatingLeaseOptionToRenewEarliestYear
2020
CY2019Q1 odfl Lessee Operating Lease Option To Renew Latest Year
LesseeOperatingLeaseOptionToRenewLatestYear
2033
CY2019Q1 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
10400000
CY2019Q1 us-gaap Operating Lease Liability Current Statement Of Financial Position Extensible List
OperatingLeaseLiabilityCurrentStatementOfFinancialPositionExtensibleList
us-gaap:AccruedLiabilitiesCurrent
CY2019Q1 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
58600000
CY2019Q1 us-gaap Operating Lease Liability Noncurrent Statement Of Financial Position Extensible List
OperatingLeaseLiabilityNoncurrentStatementOfFinancialPositionExtensibleList
us-gaap:OtherLiabilitiesNoncurrent
CY2019Q1 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
67800000
CY2019Q1 us-gaap Operating Lease Right Of Use Asset Statement Of Financial Position Extensible List
OperatingLeaseRightOfUseAssetStatementOfFinancialPositionExtensibleList
us-gaap:OtherAssetsNoncurrent
CY2019Q1 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.042
CY2019Q1 us-gaap Operating Lease Expense
OperatingLeaseExpense
3600000
CY2019Q1 us-gaap Operating Lease Payments
OperatingLeasePayments
3500000

Files In Submission

Name View Source Status
0001564590-19-016333-index-headers.html Edgar Link pending
0001564590-19-016333-index.html Edgar Link pending
0001564590-19-016333.txt Edgar Link pending
0001564590-19-016333-xbrl.zip Edgar Link pending
FilingSummary.xml Edgar Link unprocessable
Financial_Report.xlsx Edgar Link pending
odfl-10q_20190331.htm Edgar Link pending
odfl-20190331.xml Edgar Link completed
odfl-20190331.xsd Edgar Link pending
odfl-20190331_cal.xml Edgar Link unprocessable
odfl-20190331_def.xml Edgar Link unprocessable
odfl-20190331_lab.xml Edgar Link unprocessable
odfl-20190331_pre.xml Edgar Link unprocessable
odfl-ex311_8.htm Edgar Link pending
odfl-ex312_9.htm Edgar Link pending
odfl-ex321_7.htm Edgar Link pending
odfl-ex322_6.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
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
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