2023 Q1 Form 10-K Financial Statement

#000079307423000014 Filed on February 27, 2023

View on sec.gov

Income Statement

Concept 2023 Q1 2022 Q4 2022
Revenue $832.7M $861.5M $3.290B
YoY Change 8.91% 12.58% 20.32%
Cost Of Revenue $159.6M $176.9M $690.4M
YoY Change 9.76% 40.46% 52.55%
Gross Profit $673.1M $684.6M $2.600B
YoY Change 8.71% 7.09% 13.93%
Gross Profit Margin 80.83% 79.47% 79.02%
Selling, General & Admin $555.2M $542.2M $2.059B
YoY Change 15.07% 11.83% 18.05%
% of Gross Profit 82.48% 79.2% 79.21%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $74.31M $73.83M $273.8M
YoY Change 10.54% 3.59% 2.28%
% of Gross Profit 11.04% 10.78% 10.53%
Operating Expenses $619.7M $596.3M $2.277B
YoY Change 15.69% 10.37% 15.5%
Operating Profit $53.39M $88.38M $323.1M
YoY Change -36.07% -10.81% 4.51%
Interest Expense -$6.445M -$7.281M $11.83M
YoY Change -547.88% -366.8% 167.42%
% of Operating Profit -12.07% -8.24% 3.66%
Other Income/Expense, Net -$7.000K -$112.0K $1.710M
YoY Change -99.94% 24.44% -95.36%
Pretax Income $46.93M $80.99M $324.8M
YoY Change -35.23% -19.91% -6.14%
Income Tax $11.40M $19.98M $79.21M
% Of Pretax Income 24.29% 24.67% 24.39%
Net Earnings $35.22M $60.17M $241.3M
YoY Change -34.47% -21.63% -6.87%
Net Earnings / Revenue 4.23% 6.98% 7.33%
Basic Earnings Per Share $0.56 $3.76
Diluted Earnings Per Share $0.55 $0.94 $3.74
COMMON SHARES
Basic Shares Outstanding 63.25M shares 63.20M shares 64.13M shares
Diluted Shares Outstanding 63.70M shares 64.58M shares

Balance Sheet

Concept 2023 Q1 2022 Q4 2022
SHORT-TERM ASSETS
Cash & Short-Term Investments $129.6M $107.2M $107.2M
YoY Change 2.89% 97.87% 97.87%
Cash & Equivalents $129.6M $107.2M $107.2M
Short-Term Investments
Other Short-Term Assets $74.86M $74.46M $80.57M
YoY Change 46.57% 17.52% 17.57%
Inventory $14.93M $14.53M $14.53M
Prepaid Expenses
Receivables $461.0M $518.8M $527.7M
Other Receivables $29.40M $29.88M $32.57M
Total Short-Term Assets $709.8M $762.6M $762.6M
YoY Change 4.63% 20.82% 20.82%
LONG-TERM ASSETS
Property, Plant & Equipment $1.855B $1.825B $1.866B
YoY Change 15.22% 13.14% 13.68%
Goodwill $129.1M $132.7M
YoY Change 73.52% 77.86%
Intangibles $94.03M $81.50M
YoY Change 74.27% 47.34%
Long-Term Investments
YoY Change
Other Assets $328.8M $295.1M $254.2M
YoY Change 41.3% 28.7% 26.54%
Total Long-Term Assets $2.407B $2.335B $2.335B
YoY Change 22.12% 18.36% 18.36%
TOTAL ASSETS
Total Short-Term Assets $709.8M $762.6M $762.6M
Total Long-Term Assets $2.407B $2.335B $2.335B
Total Assets $3.116B $3.097B $3.097B
YoY Change 17.64% 18.96% 18.96%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $129.0M $124.5M $124.5M
YoY Change 13.46% 32.45% 32.45%
Accrued Expenses $144.3M $20.36M $158.2M
YoY Change 380.14% -29.21% 4.01%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $5.000M $6.250M $6.250M
YoY Change 0.0% 25.0% 25.0%
Total Short-Term Liabilities $303.3M $309.5M $309.5M
YoY Change 4.5% 15.2% 15.2%
LONG-TERM LIABILITIES
Long-Term Debt $686.3M $687.5M $687.5M
YoY Change 62.91% 62.72% 62.72%
Other Long-Term Liabilities $304.5M $59.68M $304.6M
YoY Change 537.53% 37.78% 8.59%
Total Long-Term Liabilities $990.7M $747.2M $992.1M
YoY Change 111.24% 60.4% 41.12%
TOTAL LIABILITIES
Total Short-Term Liabilities $303.3M $309.5M $309.5M
Total Long-Term Liabilities $990.7M $747.2M $992.1M
Total Liabilities $1.646B $1.615B $1.654B
YoY Change 29.56% 30.21% 29.58%
SHAREHOLDERS EQUITY
Retained Earnings $1.903B $1.876B
YoY Change 11.08% 12.52%
Common Stock $128.9M $130.6M
YoY Change 5.65% 6.46%
Preferred Stock
YoY Change
Treasury Stock (at cost) $551.9M $551.6M
YoY Change 15.53% 24.89%
Treasury Stock Shares 17.16M shares 17.31M shares
Shareholders Equity $1.471B $1.444B $1.444B
YoY Change
Total Liabilities & Shareholders Equity $3.116B $3.097B $3.097B
YoY Change 17.64% 18.96% 18.96%

Cashflow Statement

Concept 2023 Q1 2022 Q4 2022
OPERATING ACTIVITIES
Net Income $35.22M $60.17M $241.3M
YoY Change -34.47% -21.63% -6.87%
Depreciation, Depletion And Amortization $74.31M $73.83M $273.8M
YoY Change 10.54% 3.59% 2.28%
Cash From Operating Activities $166.8M $116.0M $448.7M
YoY Change 7.67% 45.95% 34.82%
INVESTING ACTIVITIES
Capital Expenditures $161.8M $127.4M $507.3M
YoY Change 119.7% -268.98% 36.78%
Acquisitions $188.0K $184.1M
YoY Change -126.67% -8.78%
Other Investing Activities $32.53M -$118.2M -$7.081M
YoY Change -16.77% 807.48% -73.23%
Cash From Investing Activities -$129.2M -$245.6M -$514.3M
YoY Change 274.17% 177.83% 29.46%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $110.4M
YoY Change 5.7%
Debt Paid & Issued, Net $0.00 $100.0M
YoY Change -100.0%
Cash From Financing Activities -$16.23M 110.6M $118.0M
YoY Change -66.86% 521.29% 31.63%
NET CHANGE
Cash From Operating Activities $166.8M 116.0M $448.7M
Cash From Investing Activities -$129.2M -245.6M -$514.3M
Cash From Financing Activities -$16.23M 110.6M $118.0M
Net Change In Cash $22.35M -19.01M $53.04M
YoY Change -68.85% -314.04% 113.35%
FREE CASH FLOW
Cash From Operating Activities $166.8M $116.0M $448.7M
Capital Expenditures $161.8M $127.4M $507.3M
Free Cash Flow $5.083M -$11.36M -$58.54M
YoY Change -93.75% -107.33% 53.93%

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MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
1572000 usd
CY2022Q4 us-gaap Stockholders Equity
StockholdersEquity
1443635000 usd
CY2022Q4 us-gaap Redeemable Noncontrolling Interest Equity Carrying Amount
RedeemableNoncontrollingInterestEquityCarryingAmount
38699000 usd
CY2022 us-gaap Use Of Estimates
UseOfEstimates
<span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Use of Management Estimates</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">: The preparation of consolidated financial statements in conformity with accounting principles generally accepted in the United States of America requires management to make estimates and assumptions that affect the (i) reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the consolidated financial statements and (ii) reported amounts of revenues and expenses during the reporting period. The most significant estimates that affect our financial statements include the accrued liabilities for insurance and claims and useful lives and salvage values of property and equipment. Actual results could differ from those estimates.</span>
CY2022 wern Accountsreceivablerecordedinvestmentpastduedays
Accountsreceivablerecordedinvestmentpastduedays
P90D
CY2022 us-gaap Depreciation
Depreciation
273800000 usd
CY2021 us-gaap Depreciation
Depreciation
265800000 usd
CY2020 us-gaap Depreciation
Depreciation
263300000 usd
CY2022 us-gaap Property Plant And Equipment Impairment
PropertyPlantAndEquipmentImpairment
<span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Long-Lived Assets and Intangible Assets:</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> We review our long-lived assets and finite-lived intangible assets for impairment whenever events or circumstances indicate the carrying amount of such assets may not be recoverable. If based on that review, changes in circumstances indicate that the carrying amount of such assets may not be recoverable, we evaluate recoverability by comparing the undiscounted cash flows associated with the asset to the asset's carrying amount. We also evaluate the remaining useful lives of intangible assets to determine if events or trends warrant a revision to the remaining period of amortization. An impairment loss would be recognized if the carrying amount of the long-lived asset or intangible asset is not recoverable and the carrying amount exceeds its fair value. For long-lived assets classified as held and used, the carrying amount is not recoverable when the carrying value of the long-lived asset exceeds the sum of the future net cash flows. We do not separately identify assets by operating segment because tractors and trailers are routinely transferred from one operating fleet to another. As a result, none of our long-lived assets have identifiable cash flows from use that are largely independent of the cash flows of other assets and liabilities. Thus, the asset group used to assess impairment would include all of our assets. No impairment charges were recorded during the years ended December 31, 2022, 2021, and 2020.</span>
CY2022 us-gaap Asset Impairment Charges
AssetImpairmentCharges
0 usd
CY2021 us-gaap Asset Impairment Charges
AssetImpairmentCharges
0 usd
CY2020 us-gaap Asset Impairment Charges
AssetImpairmentCharges
0 usd
CY2022Q4 wern Self Insurance Retention Liability
SelfInsuranceRetentionLiability
10000000 usd
CY2022Q4 wern Annual Aggregate Limit
AnnualAggregateLimit
10000000 usd
CY2021Q4 wern Self Insurance Retention Liability
SelfInsuranceRetentionLiability
10000000 usd
CY2021Q4 wern Annual Aggregate Limit
AnnualAggregateLimit
10000000 usd
CY2020Q4 wern Self Insurance Retention Liability
SelfInsuranceRetentionLiability
10000000 usd
CY2020Q4 wern Self Insurance Retention Liability Deductible Amount
SelfInsuranceRetentionLiabilityDeductibleAmount
3000000 usd
CY2020Q4 wern Self Insurance Retention Liability Additional Deductible
SelfInsuranceRetentionLiabilityAdditionalDeductible
5000000 usd
CY2022 wern Self Insurance Retention Workers Compensation
SelfInsuranceRetentionWorkersCompensation
2000000 usd
CY2020 wern Self Insurance Retention Workers Compensation
SelfInsuranceRetentionWorkersCompensation
1000000 usd
CY2021 wern Self Insurance Retention Workers Compensation
SelfInsuranceRetentionWorkersCompensation
2000000 usd
CY2022 us-gaap Net Income Loss
NetIncomeLoss
241256000 usd
CY2021 us-gaap Net Income Loss
NetIncomeLoss
259052000 usd
CY2020 us-gaap Net Income Loss
NetIncomeLoss
169078000 usd
CY2022 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
64125000 shares
CY2021 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
67434000 shares
CY2020 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
69018000 shares
CY2022 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
454000 shares
CY2021 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
421000 shares
CY2020 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
409000 shares
CY2022 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
64579000 shares
CY2021 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
67855000 shares
CY2020 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
69427000 shares
CY2022 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
3.76
CY2021 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
3.84
CY2020 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
2.45
CY2022 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
3.74
CY2021 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
3.82
CY2020 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
2.44
CY2022 us-gaap Finitelived Intangible Assets Acquired1
FinitelivedIntangibleAssetsAcquired1
32300000 usd
CY2022Q4 us-gaap Accumulated Other Comprehensive Income Loss Foreign Currency Translation Adjustment Net Of Tax
AccumulatedOtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentNetOfTax
-16200000 usd
CY2021Q4 us-gaap Accumulated Other Comprehensive Income Loss Foreign Currency Translation Adjustment Net Of Tax
AccumulatedOtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentNetOfTax
-18600000 usd
CY2022Q4 us-gaap Aoci Derivative Qualifying As Hedge Excluded Component After Tax
AociDerivativeQualifyingAsHedgeExcludedComponentAfterTax
-4900000 usd
CY2021Q4 us-gaap Aoci Derivative Qualifying As Hedge Excluded Component After Tax
AociDerivativeQualifyingAsHedgeExcludedComponentAfterTax
2000000 usd
CY2022Q4 us-gaap Escrow Deposit
EscrowDeposit
11500000 usd
CY2022Q4 us-gaap Escrow Deposit
EscrowDeposit
8500000 usd
CY2022 us-gaap Finitelived Intangible Assets Acquired1
FinitelivedIntangibleAssetsAcquired1
32300000 usd
CY2022 us-gaap Revenues
Revenues
3289978000 usd
CY2021 us-gaap Revenues
Revenues
2734372000 usd
CY2020 us-gaap Revenues
Revenues
2372178000 usd
CY2022 us-gaap Revenues
Revenues
3289978000 usd
CY2021 us-gaap Revenues
Revenues
2734372000 usd
CY2020 us-gaap Revenues
Revenues
2372178000 usd
CY2022 wern Average Transit Time
AverageTransitTime
P3D
CY2020 wern Other Revenue Percentage Of Total Revenue
OtherRevenuePercentageOfTotalRevenue
0.02
CY2021 wern Other Revenue Percentage Of Total Revenue
OtherRevenuePercentageOfTotalRevenue
0.02
CY2022 wern Other Revenue Percentage Of Total Revenue
OtherRevenuePercentageOfTotalRevenue
0.02
CY2022Q4 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
518800000 usd
CY2021Q4 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
460500000 usd
CY2022Q4 us-gaap Contract With Customer Asset Net
ContractWithCustomerAssetNet
8900000 usd
CY2021Q4 us-gaap Contract With Customer Asset Net
ContractWithCustomerAssetNet
9000000 usd
CY2022Q4 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
900000 usd
CY2021Q4 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
1200000 usd
CY2022 us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
1200000 usd
CY2022 wern Average Transit Time
AverageTransitTime
P3D
CY2020Q4 us-gaap Goodwill
Goodwill
0 usd
CY2021 us-gaap Goodwill Purchase Accounting Adjustments
GoodwillPurchaseAccountingAdjustments
-6626000 usd
CY2021Q4 us-gaap Goodwill
Goodwill
74618000 usd
CY2022 us-gaap Goodwill Purchase Accounting Adjustments
GoodwillPurchaseAccountingAdjustments
-214000 usd
CY2022Q4 us-gaap Goodwill
Goodwill
132717000 usd
CY2022Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
89500000 usd
CY2022Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
7998000 usd
CY2022Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
81502000 usd
CY2021Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
57200000 usd
CY2021Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
1885000 usd
CY2021Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
55315000 usd
CY2022 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
6100000 usd
CY2021 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
1900000 usd
CY2020 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
0 usd
CY2022Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
8540000 usd
CY2022Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
8540000 usd
CY2022Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
8540000 usd
CY2022Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
8540000 usd
CY2022Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseYearFive
8540000 usd
CY2022Q4 us-gaap Finite Lived Intangible Assets Amortization Expense After Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseAfterYearFive
38802000 usd
CY2022Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
81502000 usd
CY2022Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
40963000 usd
CY2021Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
28458000 usd
CY2022Q4 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
9396000 usd
CY2021Q4 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
6380000 usd
CY2022Q4 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
32897000 usd
CY2021Q4 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
22634000 usd
CY2022Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
42293000 usd
CY2021Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
29014000 usd
CY2022Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P6Y5M4D
CY2021Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P7Y7M17D
CY2022Q4 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.033 rate
CY2021Q4 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.027 rate
CY2022Q4 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
10595000 usd
CY2022Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
9502000 usd
CY2022Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
7441000 usd
CY2022Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
5700000 usd
CY2022Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Five
LesseeOperatingLeaseLiabilityPaymentsDueYearFive
3887000 usd
CY2022Q4 us-gaap Lessee Operating Lease Liability Payments Due After Year Five
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive
9429000 usd
CY2022Q4 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
46554000 usd
CY2022Q4 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
4261000 usd
CY2022Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
42293000 usd
CY2022 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
14700000 usd
CY2021 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
8200000 usd
CY2020 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
2800000 usd
CY2022 wern Right Of Use Assets Obtained In Business Combination
RightOfUseAssetsObtainedInBusinessCombination
8300000 usd
CY2021 wern Right Of Use Assets Obtained In Business Combination
RightOfUseAssetsObtainedInBusinessCombination
15600000 usd
CY2022 us-gaap Operating Lease Payments
OperatingLeasePayments
8500000 usd
CY2021 us-gaap Operating Lease Payments
OperatingLeasePayments
4600000 usd
CY2020 us-gaap Operating Lease Payments
OperatingLeasePayments
3900000 usd
CY2022 us-gaap Lease Cost
LeaseCost
22100000 usd
CY2021 us-gaap Lease Cost
LeaseCost
15700000 usd
CY2020 us-gaap Lease Cost
LeaseCost
10100000 usd
CY2022 wern Long Term Operating Lease Expense
LongTermOperatingLeaseExpense
9400000 usd
CY2021 wern Long Term Operating Lease Expense
LongTermOperatingLeaseExpense
4800000 usd
CY2020 wern Long Term Operating Lease Expense
LongTermOperatingLeaseExpense
3800000 usd
CY2022 us-gaap Operating Lease Lease Income
OperatingLeaseLeaseIncome
10700000 usd
CY2021 us-gaap Operating Lease Lease Income
OperatingLeaseLeaseIncome
11700000 usd
CY2020 us-gaap Operating Lease Lease Income
OperatingLeaseLeaseIncome
12600000 usd
CY2022Q4 us-gaap Lessor Operating Lease Payments To Be Received Next Twelve Months
LessorOperatingLeasePaymentsToBeReceivedNextTwelveMonths
7244000 usd
CY2022Q4 us-gaap Lessor Operating Lease Payments To Be Received Two Years
LessorOperatingLeasePaymentsToBeReceivedTwoYears
575000 usd
CY2022Q4 us-gaap Lessor Operating Lease Payments To Be Received Three Years
LessorOperatingLeasePaymentsToBeReceivedThreeYears
287000 usd
CY2022Q4 us-gaap Lessor Operating Lease Payments To Be Received Four Years
LessorOperatingLeasePaymentsToBeReceivedFourYears
295000 usd
CY2022Q4 us-gaap Lessor Operating Lease Payments To Be Received Five Years
LessorOperatingLeasePaymentsToBeReceivedFiveYears
74000 usd
CY2022Q4 us-gaap Lessor Operating Lease Payments To Be Received Thereafter
LessorOperatingLeasePaymentsToBeReceivedThereafter
0 usd
CY2022Q4 us-gaap Lessor Operating Lease Payments To Be Received
LessorOperatingLeasePaymentsToBeReceived
8475000 usd
CY2020Q4 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliations Recurring Basis Liability Value
FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue
0 usd
CY2021Q4 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliations Recurring Basis Liability Value
FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue
2500000 usd
CY2022 us-gaap Business Combination Contingent Consideration Arrangements Change In Amount Of Contingent Consideration Liability1
BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1
2500000 usd
CY2022Q4 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliations Recurring Basis Liability Value
FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue
13400000 usd
CY2022Q4 us-gaap Equity Securities Without Readily Determinable Fair Value Amount
EquitySecuritiesWithoutReadilyDeterminableFairValueAmount
20250000 usd
CY2021Q4 us-gaap Equity Securities Without Readily Determinable Fair Value Amount
EquitySecuritiesWithoutReadilyDeterminableFairValueAmount
5000000 usd
CY2020Q4 us-gaap Equity Securities Without Readily Determinable Fair Value Amount
EquitySecuritiesWithoutReadilyDeterminableFairValueAmount
5000000 usd
CY2022 us-gaap Equity Securities Without Readily Determinable Fair Value Upward Price Adjustment Annual Amount
EquitySecuritiesWithoutReadilyDeterminableFairValueUpwardPriceAdjustmentAnnualAmount
28638000 usd
CY2021 us-gaap Equity Securities Without Readily Determinable Fair Value Upward Price Adjustment Annual Amount
EquitySecuritiesWithoutReadilyDeterminableFairValueUpwardPriceAdjustmentAnnualAmount
28151000 usd
CY2020 us-gaap Equity Securities Without Readily Determinable Fair Value Upward Price Adjustment Annual Amount
EquitySecuritiesWithoutReadilyDeterminableFairValueUpwardPriceAdjustmentAnnualAmount
0 usd
CY2022Q4 us-gaap Equity Securities Without Readily Determinable Fair Value Upward Price Adjustment Cumulative Amount
EquitySecuritiesWithoutReadilyDeterminableFairValueUpwardPriceAdjustmentCumulativeAmount
56800000 usd
CY2022 us-gaap Equity Securities Fv Ni Unrealized Gain Loss
EquitySecuritiesFvNiUnrealizedGainLoss
-16400000 usd
CY2021 us-gaap Equity Securities Fv Ni Unrealized Gain Loss
EquitySecuritiesFvNiUnrealizedGainLoss
12100000 usd
CY2022Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Next Twelve Months
LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths
6250000 usd
CY2022Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Two
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo
87500000 usd
CY2022Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Three
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree
0 usd
CY2022Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Four
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour
0 usd
CY2022Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive
600000000 usd
CY2022Q4 us-gaap Long Term Debt
LongTermDebt
693750000 usd
CY2022Q4 us-gaap Notes Receivable Gross
NotesReceivableGross
16208000 usd
CY2021Q4 us-gaap Notes Receivable Gross
NotesReceivableGross
18023000 usd
CY2022Q4 us-gaap Notes And Loans Receivable Gross Current
NotesAndLoansReceivableGrossCurrent
2691000 usd
CY2021Q4 us-gaap Notes And Loans Receivable Gross Current
NotesAndLoansReceivableGrossCurrent
3386000 usd
CY2022Q4 us-gaap Notes And Loans Receivable Gross Noncurrent
NotesAndLoansReceivableGrossNoncurrent
13517000 usd
CY2021Q4 us-gaap Notes And Loans Receivable Gross Noncurrent
NotesAndLoansReceivableGrossNoncurrent
14637000 usd
CY2022 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
23741000 usd
CY2021 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
42049000 usd
CY2020 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
53297000 usd
CY2022 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
12423000 usd
CY2021 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
12787000 usd
CY2020 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
12106000 usd
CY2022 us-gaap Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
489000 usd
CY2021 us-gaap Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
213000 usd
CY2020 us-gaap Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
446000 usd
CY2022 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
36653000 usd
CY2021 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
55049000 usd
CY2020 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
65849000 usd
CY2022 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
38521000 usd
CY2021 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
27593000 usd
CY2020 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
-8988000 usd
CY2022 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
4032000 usd
CY2021 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
1895000 usd
CY2020 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
-1245000 usd
CY2022 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
42553000 usd
CY2021 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
29488000 usd
CY2020 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-10233000 usd
CY2022 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
79206000 usd
CY2021 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
84537000 usd
CY2020 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
55616000 usd
CY2022 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
68205000 usd
CY2021 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
72663000 usd
CY2020 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
47186000 usd
CY2022 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
12999000 usd
CY2021 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
11599000 usd
CY2020 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
8580000 usd
CY2022 us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
-1998000 usd
CY2021 us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
275000 usd
CY2020 us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
-150000 usd
CY2022 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
79206000 usd
CY2021 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
84537000 usd
CY2020 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
55616000 usd
CY2022Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Self Insurance
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsSelfInsurance
59275000 usd
CY2021Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Self Insurance
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsSelfInsurance
55233000 usd
CY2022Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefits
10767000 usd
CY2021Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefits
12203000 usd
CY2022Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Allowance For Doubtful Accounts
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsAllowanceForDoubtfulAccounts
3218000 usd
CY2021Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Allowance For Doubtful Accounts
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsAllowanceForDoubtfulAccounts
3958000 usd
CY2022Q4 wern Deferred Tax Assets Leasing Arrangements
DeferredTaxAssetsLeasingArrangements
10324000 usd
CY2021Q4 wern Deferred Tax Assets Leasing Arrangements
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500000 usd
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2 segment
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1000000 usd
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OtherDepreciationAndAmortization
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OtherDepreciationAndAmortization
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3289978000 usd
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2734372000 usd
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2372178000 usd
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1825276000 usd
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PropertyPlantAndEquipmentNet
1613243000 usd
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PropertyPlantAndEquipmentNet
1543258000 usd
CY2022 dei Auditor Name
AuditorName
KPMG LLP
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185

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