$WERN
WERNER ENTERPRISES INC Stock $wern

$wern Overview Financials Valuation SEC Filings Company Website

2023 Q3 Form 10-Q Financial Statement

#000079307423000044 Filed on August 08, 2023

Income Statement

Concept	2023 Q3	2023 Q2
Revenue	$817.7M	$811.1M
YoY Change	-1.19%	-3.01%
Cost Of Revenue	$150.6M	$142.7M
YoY Change	-16.33%	-24.13%
Gross Profit	$667.2M	$668.4M
YoY Change	3.02%	3.12%
Gross Profit Margin	81.59%	82.41%
Selling, General & Admin	$554.3M	$550.3M
YoY Change	7.6%	5.96%
% of Gross Profit	83.08%	82.34%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$74.60M	$74.90M
YoY Change	5.97%	9.39%
% of Gross Profit	11.18%	11.21%
Operating Expenses	$629.2M	$621.2M
YoY Change	10.12%	8.36%
Operating Profit	$37.90M	$47.20M
YoY Change	-50.3%	-37.0%
Interest Expense	$8.661M	$8.139M
YoY Change	211.77%	355.46%
% of Operating Profit	22.85%	17.24%
Other Income/Expense, Net	-$7.362M	-$7.091M
YoY Change	213.41%	-131.52%
Pretax Income	$30.54M	$40.11M
YoY Change	-58.68%	-58.83%
Income Tax	$7.034M	$10.09M
% Of Pretax Income	23.03%	25.15%
Net Earnings	$23.70M	$29.88M
YoY Change	-56.94%	-58.67%
Net Earnings / Revenue	2.9%	3.68%
Basic Earnings Per Share	$0.37	$0.47
Diluted Earnings Per Share	$0.37	$0.47
COMMON SHARES
Basic Shares Outstanding	63.39M shares	63.38M shares
Diluted Shares Outstanding	63.74M shares	63.69M shares

Balance Sheet

Concept	2023 Q3	2023 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments	$42.80M	$46.50M
YoY Change	-65.95%	-14.56%
Cash & Equivalents	$42.75M	$46.50M
Short-Term Investments
Other Short-Term Assets	$100.7M	$67.16M
YoY Change	52.89%	35.96%
Inventory	$17.25M	$16.03M
Prepaid Expenses
Receivables	$449.8M	$437.6M
Other Receivables	$26.40M	$33.31M
Total Short-Term Assets	$644.8M	$609.3M
YoY Change	-11.73%	-21.11%
LONG-TERM ASSETS
Property, Plant & Equipment	$1.987B	$1.944B
YoY Change	15.58%	16.39%
Goodwill	$129.1M	$129.1M
YoY Change	73.52%	73.52%
Intangibles	$88.99M	$91.51M
YoY Change	73.69%	73.99%
Long-Term Investments
YoY Change
Other Assets	$344.7M	$330.8M
YoY Change	21.42%	18.79%
Total Long-Term Assets	$2.550B	$2.496B
YoY Change	19.78%	20.21%
TOTAL ASSETS
Total Short-Term Assets	$644.8M	$609.3M
Total Long-Term Assets	$2.550B	$2.496B
Total Assets	$3.194B	$3.105B
YoY Change	11.73%	9.01%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable	$129.0M	$119.7M
YoY Change	11.35%	-5.1%
Accrued Expenses	$27.72M	$18.83M
YoY Change	-12.15%	-37.8%
Deferred Revenue
YoY Change
Short-Term Debt	$14.70M	$11.53M
YoY Change		91.15%
Long-Term Debt Due	$3.750M	$3.750M
YoY Change	-25.0%	-25.0%
Total Short-Term Liabilities	$329.7M	$315.1M
YoY Change	8.93%	-33.09%
LONG-TERM LIABILITIES
Long-Term Debt	$686.3M	$636.3M
YoY Change	20.66%	44.6%
Other Long-Term Liabilities	$52.58M	$55.80M
YoY Change	22.95%	27.45%
Total Long-Term Liabilities	$738.8M	$692.1M
YoY Change	20.82%	43.05%
TOTAL LIABILITIES
Total Short-Term Liabilities	$329.7M	$315.1M
Total Long-Term Liabilities	$738.8M	$692.1M
Total Liabilities	$1.643B	$1.569B
YoY Change	14.6%	7.01%
SHAREHOLDERS EQUITY
Retained Earnings	$1.939B	$1.924B
YoY Change	6.29%	8.26%
Common Stock	$133.8M	$131.5M
YoY Change	4.69%	5.31%
Preferred Stock
YoY Change
Treasury Stock (at cost)		$551.7M
YoY Change		1.5%
Treasury Stock Shares
Shareholders Equity	$1.512B	$1.497B
YoY Change
Total Liabilities & Shareholders Equity	$3.194B	$3.105B
YoY Change	11.73%	9.01%

Cashflow Statement

Concept	2023 Q3	2023 Q2
OPERATING ACTIVITIES
Net Income	$23.70M	$29.88M
YoY Change	-56.94%	-58.67%
Depreciation, Depletion And Amortization	$74.60M	$74.90M
YoY Change	5.97%	9.39%
Cash From Operating Activities	$74.20M	$114.9M
YoY Change	13.82%	2.11%
INVESTING ACTIVITIES
Capital Expenditures	$168.8M	$199.5M
YoY Change	-210.64%	-229.83%
Acquisitions
YoY Change
Other Investing Activities	$47.00M	$48.46M
YoY Change	-12.15%	161.06%
Cash From Investing Activities	-$121.8M	-$151.1M
YoY Change	22.95%	11.8%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities	44.20M	-47.96M
YoY Change	-58.06%	-2.03%
NET CHANGE
Cash From Operating Activities	74.20M	114.9M
Cash From Investing Activities	-121.8M	-151.1M
Cash From Financing Activities	44.20M	-47.96M
Net Change In Cash	-3.400M	-84.11M
YoY Change	-104.75%	17.58%
FREE CASH FLOW
Cash From Operating Activities	$74.20M	$114.9M
Capital Expenditures	$168.8M	$199.5M
Free Cash Flow	-$94.60M	-$84.61M
YoY Change	-143.44%	-131.77%

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value	Unit
CY2023Q2	us-gaap	Operating Lease Right Of Use Asset Statement Of Financial Position Extensible List OperatingLeaseRightOfUseAssetStatementOfFinancialPositionExtensibleList	http://fasb.org/us-gaap/2023#OtherAssetsNoncurrent
CY2022Q4	us-gaap	Operating Lease Right Of Use Asset Statement Of Financial Position Extensible List OperatingLeaseRightOfUseAssetStatementOfFinancialPositionExtensibleList	http://fasb.org/us-gaap/2023#OtherAssetsNoncurrent
CY2023Q2	us-gaap	Operating Lease Liability Current Statement Of Financial Position Extensible List OperatingLeaseLiabilityCurrentStatementOfFinancialPositionExtensibleList	http://fasb.org/us-gaap/2023#OtherLiabilitiesCurrent
CY2022Q4	us-gaap	Operating Lease Liability Current Statement Of Financial Position Extensible List OperatingLeaseLiabilityCurrentStatementOfFinancialPositionExtensibleList	http://fasb.org/us-gaap/2023#OtherLiabilitiesCurrent
CY2023Q2	us-gaap	Operating Lease Liability Noncurrent Statement Of Financial Position Extensible List OperatingLeaseLiabilityNoncurrentStatementOfFinancialPositionExtensibleList	http://fasb.org/us-gaap/2023#OtherLiabilitiesNoncurrent
CY2022Q4	us-gaap	Operating Lease Liability Noncurrent Statement Of Financial Position Extensible List OperatingLeaseLiabilityNoncurrentStatementOfFinancialPositionExtensibleList	http://fasb.org/us-gaap/2023#OtherLiabilitiesNoncurrent
	us-gaap	Operating Lease Income Comprehensive Income Extensible List OperatingLeaseIncomeComprehensiveIncomeExtensibleList	http://fasb.org/us-gaap/2023#Revenues
CY2022Q2	us-gaap	Operating Lease Income Comprehensive Income Extensible List OperatingLeaseIncomeComprehensiveIncomeExtensibleList	http://fasb.org/us-gaap/2023#Revenues
	us-gaap	Operating Lease Income Comprehensive Income Extensible List OperatingLeaseIncomeComprehensiveIncomeExtensibleList	http://fasb.org/us-gaap/2023#Revenues
CY2023Q2	us-gaap	Operating Lease Income Comprehensive Income Extensible List OperatingLeaseIncomeComprehensiveIncomeExtensibleList	http://fasb.org/us-gaap/2023#Revenues
CY2023Q2	us-gaap	Treasury Stock Value TreasuryStockValue	551671000	usd
CY2022Q4	us-gaap	Treasury Stock Value TreasuryStockValue	551588000	usd
CY2023Q2	us-gaap	Common Stock Dividends Per Share Declared CommonStockDividendsPerShareDeclared	0.14
CY2023Q2	us-gaap	Dividends Common Stock Cash DividendsCommonStockCash	8874000	usd
CY2023Q2	us-gaap	Stock Issued During Period Shares Share Based Compensation StockIssuedDuringPeriodSharesShareBasedCompensation	12562	shares
CY2023Q2	wern	Stock Issued During Period Value Stock Options Exercised And Tax Effect StockIssuedDuringPeriodValueStockOptionsExercisedAndTaxEffect	-3000	usd
CY2023Q2	us-gaap	Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue	2888000	usd
CY2022Q2	wern	Net Income Loss Attributable To Redeemable Noncontrolling Interest Nci NetIncomeLossAttributableToRedeemableNoncontrollingInterestNCI	0	usd
CY2022Q2	us-gaap	Net Income Loss Attributable To Redeemable Noncontrolling Interest NetIncomeLossAttributableToRedeemableNoncontrollingInterest	-1319000	usd
CY2022Q2	us-gaap	Other Comprehensive Income Loss Net Of Tax OtherComprehensiveIncomeLossNetOfTax	1236000	usd
CY2022Q2	us-gaap	Treasury Stock Shares Acquired TreasuryStockSharesAcquired	1650000	shares
CY2022Q2	us-gaap	Treasury Stock Value Acquired Cost Method TreasuryStockValueAcquiredCostMethod	65933000	usd
	us-gaap	Common Stock Dividends Per Share Declared CommonStockDividendsPerShareDeclared	0.27
	us-gaap	Dividends Common Stock Cash DividendsCommonStockCash	17113000	usd
	us-gaap	Stock Issued During Period Shares Share Based Compensation StockIssuedDuringPeriodSharesShareBasedCompensation	166493	shares
	wern	Stock Issued During Period Value Stock Options Exercised And Tax Effect StockIssuedDuringPeriodValueStockOptionsExercisedAndTaxEffect	-5517000	usd
	us-gaap	Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue	6291000	usd
CY2023Q2	us-gaap	Stockholders Equity StockholdersEquity	1497070000	usd
CY2023Q2	us-gaap	Redeemable Noncontrolling Interest Equity Carrying Amount RedeemableNoncontrollingInterestEquityCarryingAmount	39148000	usd
CY2021Q4	us-gaap	Stockholders Equity StockholdersEquity	1327550000	usd
CY2021Q4	us-gaap	Redeemable Noncontrolling Interest Equity Carrying Amount RedeemableNoncontrollingInterestEquityCarryingAmount	35947000	usd
	us-gaap	Net Income Loss NetIncomeLoss	126039000	usd
	wern	Net Income Loss Attributable To Redeemable Noncontrolling Interest Nci NetIncomeLossAttributableToRedeemableNoncontrollingInterestNCI	0	usd
	us-gaap	Net Income Loss Attributable To Redeemable Noncontrolling Interest NetIncomeLossAttributableToRedeemableNoncontrollingInterest	-2605000	usd
	us-gaap	Other Comprehensive Income Loss Net Of Tax OtherComprehensiveIncomeLossNetOfTax	6020000	usd
	us-gaap	Treasury Stock Shares Acquired TreasuryStockSharesAcquired	2495100	shares
	us-gaap	Treasury Stock Value Acquired Cost Method TreasuryStockValueAcquiredCostMethod	102113000	usd
CY2023Q2	us-gaap	Revenues Revenues	811096000	usd
CY2022Q2	us-gaap	Revenues Revenues	836276000	usd
	us-gaap	Revenues Revenues	1643810000	usd
	us-gaap	Revenues Revenues	1600881000	usd
CY2023Q2	us-gaap	Revenues Revenues	811096000	usd
CY2022Q2	us-gaap	Revenues Revenues	836276000	usd
	us-gaap	Revenues Revenues	1643810000	usd
	us-gaap	Revenues Revenues	1600881000	usd
CY2023Q2	us-gaap	Accounts Receivable Net Current AccountsReceivableNetCurrent	437600000	usd
CY2022Q4	us-gaap	Accounts Receivable Net Current AccountsReceivableNetCurrent	518800000	usd
CY2023Q2	us-gaap	Contract With Customer Asset Net ContractWithCustomerAssetNet	6800000	usd
CY2022Q4	us-gaap	Contract With Customer Asset Net ContractWithCustomerAssetNet	8900000	usd
CY2023Q2	us-gaap	Contract With Customer Liability ContractWithCustomerLiability	1100000	usd
CY2022Q4	us-gaap	Contract With Customer Liability ContractWithCustomerLiability	900000	usd
	us-gaap	Contract With Customer Liability Revenue Recognized ContractWithCustomerLiabilityRevenueRecognized	900000	usd
	wern	Average Transit Time AverageTransitTime	P3D
CY2022Q4	us-gaap	Goodwill Goodwill	132717000	usd
	us-gaap	Goodwill Purchase Accounting Adjustments GoodwillPurchaseAccountingAdjustments	-3613000	usd
CY2023Q2	us-gaap	Finite Lived Intangible Assets Gross FiniteLivedIntangibleAssetsGross	104800000	usd
CY2023Q2	us-gaap	Finite Lived Intangible Assets Accumulated Amortization FiniteLivedIntangibleAssetsAccumulatedAmortization	13288000	usd
CY2023Q2	us-gaap	Finite Lived Intangible Assets Net FiniteLivedIntangibleAssetsNet	91512000	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
CY2023Q2	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	2500000	usd
	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	5300000	usd
CY2022Q2	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	1400000	usd
	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	2700000	usd
CY2023Q2	us-gaap	Finite Lived Intangible Assets Amortization Expense Remainder Of Fiscal Year FiniteLivedIntangibleAssetsAmortizationExpenseRemainderOfFiscalYear	5000000	usd
CY2023Q2	us-gaap	Finite Lived Intangible Assets Amortization Expense Year Five FiniteLivedIntangibleAssetsAmortizationExpenseYearFive	10100000	usd
CY2023Q2	us-gaap	Finite Lived Intangible Assets Amortization Expense Year Two FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo	10100000	usd
CY2023Q2	us-gaap	Finite Lived Intangible Assets Amortization Expense Year Three FiniteLivedIntangibleAssetsAmortizationExpenseYearThree	10100000	usd
CY2023Q2	us-gaap	Finite Lived Intangible Assets Amortization Expense Year Four FiniteLivedIntangibleAssetsAmortizationExpenseYearFour	10100000	usd
CY2023Q2	us-gaap	Finite Lived Intangible Assets Amortization Expense Next Twelve Months FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths	10100000	usd
CY2023Q2	us-gaap	Operating Lease Right Of Use Asset OperatingLeaseRightOfUseAsset	39783000	usd
CY2022Q4	us-gaap	Operating Lease Right Of Use Asset OperatingLeaseRightOfUseAsset	40963000	usd
CY2023Q2	us-gaap	Operating Lease Liability Current OperatingLeaseLiabilityCurrent	9525000	usd
CY2022Q4	us-gaap	Operating Lease Liability Current OperatingLeaseLiabilityCurrent	9396000	usd
CY2023Q2	us-gaap	Operating Lease Liability Noncurrent OperatingLeaseLiabilityNoncurrent	31747000	usd
CY2022Q4	us-gaap	Operating Lease Liability Noncurrent OperatingLeaseLiabilityNoncurrent	32897000	usd
CY2023Q2	us-gaap	Operating Lease Liability OperatingLeaseLiability	41272000	usd
CY2022Q4	us-gaap	Operating Lease Liability OperatingLeaseLiability	42293000	usd
CY2023Q2	us-gaap	Operating Lease Weighted Average Remaining Lease Term1 OperatingLeaseWeightedAverageRemainingLeaseTerm1	P6Y3M18D
CY2022Q4	us-gaap	Operating Lease Weighted Average Remaining Lease Term1 OperatingLeaseWeightedAverageRemainingLeaseTerm1	P6Y5M4D
CY2023Q2	us-gaap	Operating Lease Weighted Average Discount Rate Percent OperatingLeaseWeightedAverageDiscountRatePercent	0.036	rate
CY2022Q4	us-gaap	Operating Lease Weighted Average Discount Rate Percent OperatingLeaseWeightedAverageDiscountRatePercent	0.033	rate
CY2023Q2	us-gaap	Lessee Operating Lease Liability Payments Remainder Of Fiscal Year LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear	5491000	usd
CY2023Q2	us-gaap	Lessee Operating Lease Liability Payments Due Next Twelve Months LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths	10235000	usd
CY2023Q2	us-gaap	Lessee Operating Lease Liability Payments Due Year Two LesseeOperatingLeaseLiabilityPaymentsDueYearTwo	8273000	usd
CY2023Q2	us-gaap	Lessee Operating Lease Liability Payments Due Year Three LesseeOperatingLeaseLiabilityPaymentsDueYearThree	6397000	usd
CY2023Q2	us-gaap	Lessee Operating Lease Liability Payments Due Year Four LesseeOperatingLeaseLiabilityPaymentsDueYearFour	4460000	usd
CY2023Q2	wern	Lessee Operating Lease Liability To Be Paid After Year Four LesseeOperatingLeaseLiabilityToBePaidAfterYearFour	10884000	usd
CY2023Q2	us-gaap	Lessee Operating Lease Liability Payments Due LesseeOperatingLeaseLiabilityPaymentsDue	45740000	usd
CY2023Q2	us-gaap	Lessee Operating Lease Liability Undiscounted Excess Amount LesseeOperatingLeaseLiabilityUndiscountedExcessAmount	4468000	usd
CY2023Q2	us-gaap	Operating Lease Liability OperatingLeaseLiability	41272000	usd
	us-gaap	Right Of Use Asset Obtained In Exchange For Operating Lease Liability RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability	4100000	usd
	us-gaap	Right Of Use Asset Obtained In Exchange For Operating Lease Liability RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability	11200000	usd
	us-gaap	Operating Lease Payments OperatingLeasePayments	5800000	usd
	us-gaap	Operating Lease Payments OperatingLeasePayments	3800000	usd
CY2023Q2	us-gaap	Lease Cost LeaseCost	5900000	usd
	us-gaap	Lease Cost LeaseCost	12100000	usd
CY2022Q2	us-gaap	Lease Cost LeaseCost	5300000	usd
	us-gaap	Lease Cost LeaseCost	10400000	usd
CY2023Q2	wern	Long Term Operating Lease Expense LongTermOperatingLeaseExpense	3000000	usd
	wern	Long Term Operating Lease Expense LongTermOperatingLeaseExpense	6000000	usd
CY2022Q2	wern	Long Term Operating Lease Expense LongTermOperatingLeaseExpense	2300000	usd
	wern	Long Term Operating Lease Expense LongTermOperatingLeaseExpense	4400000	usd
CY2023Q2	us-gaap	Operating Lease Lease Income OperatingLeaseLeaseIncome	2700000	usd
	us-gaap	Operating Lease Lease Income OperatingLeaseLeaseIncome	5400000	usd
CY2022Q2	us-gaap	Operating Lease Lease Income OperatingLeaseLeaseIncome	3100000	usd
	us-gaap	Operating Lease Lease Income OperatingLeaseLeaseIncome	6300000	usd
CY2023Q2	us-gaap	Lessor Operating Lease Payments To Be Received Remainder Of Fiscal Year LessorOperatingLeasePaymentsToBeReceivedRemainderOfFiscalYear	4851000	usd
CY2023Q2	us-gaap	Lessor Operating Lease Payments To Be Received Next Twelve Months LessorOperatingLeasePaymentsToBeReceivedNextTwelveMonths	3348000	usd
CY2023Q2	us-gaap	Lessor Operating Lease Payments To Be Received Two Years LessorOperatingLeasePaymentsToBeReceivedTwoYears	326000	usd
CY2023Q2	us-gaap	Lessor Operating Lease Payments To Be Received Three Years LessorOperatingLeasePaymentsToBeReceivedThreeYears	335000	usd
CY2023Q2	us-gaap	Lessor Operating Lease Payments To Be Received Four Years LessorOperatingLeasePaymentsToBeReceivedFourYears	84000	usd
CY2023Q2	wern	Lessor Operating Lease Payments To Be Received After Year Four LessorOperatingLeasePaymentsToBeReceivedAfterYearFour	0	usd
CY2023Q2	us-gaap	Lessor Operating Lease Payments To Be Received LessorOperatingLeasePaymentsToBeReceived	8944000	usd
CY2023Q2	us-gaap	Business Combination Contingent Consideration Liability BusinessCombinationContingentConsiderationLiability	13028000	usd
CY2022Q4	us-gaap	Business Combination Contingent Consideration Liability BusinessCombinationContingentConsiderationLiability	13400000	usd
CY2023Q1	us-gaap	Fair Value Measurement With Unobservable Inputs Reconciliations Recurring Basis Liability Value FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue	12877000	usd
CY2022Q1	us-gaap	Fair Value Measurement With Unobservable Inputs Reconciliations Recurring Basis Liability Value FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue	2500000	usd
CY2022Q4	us-gaap	Fair Value Measurement With Unobservable Inputs Reconciliations Recurring Basis Liability Value FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue	13400000	usd
CY2021Q4	us-gaap	Fair Value Measurement With Unobservable Inputs Reconciliations Recurring Basis Liability Value FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue	2500000	usd
CY2023Q2	us-gaap	Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Gain Loss Included In Earnings FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityGainLossIncludedInEarnings	151000	usd
CY2022Q2	us-gaap	Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Gain Loss Included In Earnings FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityGainLossIncludedInEarnings	0	usd
	us-gaap	Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Gain Loss Included In Earnings FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityGainLossIncludedInEarnings	428000	usd
	us-gaap	Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Gain Loss Included In Earnings FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityGainLossIncludedInEarnings	0	usd
CY2023Q2	us-gaap	Fair Value Measurement With Unobservable Inputs Reconciliations Recurring Basis Liability Value FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue	13028000	usd
CY2022Q2	us-gaap	Fair Value Measurement With Unobservable Inputs Reconciliations Recurring Basis Liability Value FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue	2500000	usd
CY2023Q2	us-gaap	Fair Value Measurement With Unobservable Inputs Reconciliations Recurring Basis Liability Value FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue	13028000	usd
CY2022Q2	us-gaap	Fair Value Measurement With Unobservable Inputs Reconciliations Recurring Basis Liability Value FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue	2500000	usd
CY2023Q2	us-gaap	Equity Securities Without Readily Determinable Fair Value Amount EquitySecuritiesWithoutReadilyDeterminableFairValueAmount	0	usd
CY2022Q2	us-gaap	Equity Securities Without Readily Determinable Fair Value Amount EquitySecuritiesWithoutReadilyDeterminableFairValueAmount	20250000	usd
CY2023Q2	us-gaap	Equity Securities Without Readily Determinable Fair Value Amount EquitySecuritiesWithoutReadilyDeterminableFairValueAmount	0	usd
CY2022Q2	us-gaap	Equity Securities Without Readily Determinable Fair Value Amount EquitySecuritiesWithoutReadilyDeterminableFairValueAmount	20250000	usd
CY2023Q2	us-gaap	Equity Securities Without Readily Determinable Fair Value Upward Price Adjustment Annual Amount EquitySecuritiesWithoutReadilyDeterminableFairValueUpwardPriceAdjustmentAnnualAmount	0	usd
CY2022Q2	us-gaap	Equity Securities Without Readily Determinable Fair Value Upward Price Adjustment Annual Amount EquitySecuritiesWithoutReadilyDeterminableFairValueUpwardPriceAdjustmentAnnualAmount	28638000	usd
	us-gaap	Equity Securities Without Readily Determinable Fair Value Upward Price Adjustment Annual Amount EquitySecuritiesWithoutReadilyDeterminableFairValueUpwardPriceAdjustmentAnnualAmount	0	usd
	us-gaap	Equity Securities Without Readily Determinable Fair Value Upward Price Adjustment Annual Amount EquitySecuritiesWithoutReadilyDeterminableFairValueUpwardPriceAdjustmentAnnualAmount	28638000	usd
CY2023Q2	us-gaap	Equity Securities Without Readily Determinable Fair Value Upward Price Adjustment Cumulative Amount EquitySecuritiesWithoutReadilyDeterminableFairValueUpwardPriceAdjustmentCumulativeAmount	56800000	usd
CY2023Q2	us-gaap	Equity Securities Fv Ni Unrealized Gain EquitySecuritiesFvNiUnrealizedGain	100000	usd
	us-gaap	Equity Securities Fv Ni Unrealized Loss EquitySecuritiesFvNiUnrealizedLoss	2000	usd
CY2022Q2	us-gaap	Equity Securities Fv Ni Unrealized Loss EquitySecuritiesFvNiUnrealizedLoss	4500000	usd
	us-gaap	Equity Securities Fv Ni Unrealized Loss EquitySecuritiesFvNiUnrealizedLoss	14300000	usd
CY2023Q2	us-gaap	Notes Receivable Gross NotesReceivableGross	41005000	usd
CY2022Q4	us-gaap	Notes Receivable Gross NotesReceivableGross	16208000	usd
CY2023Q2	us-gaap	Notes And Loans Receivable Gross Current NotesAndLoansReceivableGrossCurrent	2637000	usd
CY2022Q4	us-gaap	Notes And Loans Receivable Gross Current NotesAndLoansReceivableGrossCurrent	2691000	usd
CY2023Q2	us-gaap	Notes And Loans Receivable Gross Noncurrent NotesAndLoansReceivableGrossNoncurrent	38368000	usd
CY2022Q4	us-gaap	Notes And Loans Receivable Gross Noncurrent NotesAndLoansReceivableGrossNoncurrent	13517000	usd
CY2023Q2	us-gaap	Long Term Debt Maturities Repayments Of Principal Remainder Of Fiscal Year LongTermDebtMaturitiesRepaymentsOfPrincipalRemainderOfFiscalYear	2500000	usd
CY2023Q2	us-gaap	Long Term Debt Maturities Repayments Of Principal In Next Twelve Months LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths	87500000	usd
CY2023Q2	us-gaap	Long Term Debt Maturities Repayments Of Principal In Year Two LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo	0	usd
CY2023Q2	us-gaap	Long Term Debt Maturities Repayments Of Principal In Year Three LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree	0	usd
CY2023Q2	us-gaap	Long Term Debt Maturities Repayments Of Principal In Year Four LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour	550000000	usd
CY2023Q2	us-gaap	Long Term Debt LongTermDebt	640000000	usd
CY2023Q2	us-gaap	Purchase Commitment Remaining Minimum Amount Committed PurchaseCommitmentRemainingMinimumAmountCommitted	247500000	usd
CY2017Q2	us-gaap	Loss Contingency Damages Awarded Value LossContingencyDamagesAwardedValue	800000	usd
CY2017Q2	wern	Loss Contingency Damages Awarded Expenses LossContingencyDamagesAwardedExpenses	500000	usd
CY2023Q2	us-gaap	Net Income Loss NetIncomeLoss	29881000	usd
CY2022Q2	us-gaap	Net Income Loss NetIncomeLoss	72290000	usd
	us-gaap	Net Income Loss NetIncomeLoss	65105000	usd
	us-gaap	Net Income Loss NetIncomeLoss	126039000	usd
CY2023Q2	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	63384000	shares
CY2022Q2	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	64394000	shares
	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	63345000	shares
	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	64965000	shares
CY2023Q2	us-gaap	Incremental Common Shares Attributable To Share Based Payment Arrangements IncrementalCommonSharesAttributableToShareBasedPaymentArrangements	303000	shares
CY2022Q2	us-gaap	Incremental Common Shares Attributable To Share Based Payment Arrangements IncrementalCommonSharesAttributableToShareBasedPaymentArrangements	332000	shares
	us-gaap	Incremental Common Shares Attributable To Share Based Payment Arrangements IncrementalCommonSharesAttributableToShareBasedPaymentArrangements	344000	shares
	us-gaap	Incremental Common Shares Attributable To Share Based Payment Arrangements IncrementalCommonSharesAttributableToShareBasedPaymentArrangements	362000	shares
CY2023Q2	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	63687000	shares
CY2022Q2	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	64726000	shares
	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	63689000	shares
	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	65327000	shares
CY2023Q2	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.47
CY2022Q2	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	1.12
	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	1.03
	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	1.94
CY2023Q2	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.47
CY2022Q2	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	1.12
	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	1.02
	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	1.93
	us-gaap	Number Of Reportable Segments NumberOfReportableSegments	2	segment
CY2023Q2	us-gaap	Revenues Revenues	811096000	usd
CY2022Q2	us-gaap	Revenues Revenues	836276000	usd
	us-gaap	Revenues Revenues	1643810000	usd
	us-gaap	Revenues Revenues	1600881000	usd
CY2023Q2	us-gaap	Operating Income Loss OperatingIncomeLoss	47198000	usd
CY2022Q2	us-gaap	Operating Income Loss OperatingIncomeLoss	74923000	usd
	us-gaap	Operating Income Loss OperatingIncomeLoss	100584000	usd
	us-gaap	Operating Income Loss OperatingIncomeLoss	158434000	usd
CY2023Q2	us-gaap	Other Depreciation And Amortization OtherDepreciationAndAmortization	74898000	usd
CY2022Q2	us-gaap	Other Depreciation And Amortization OtherDepreciationAndAmortization	68471000	usd
	us-gaap	Other Depreciation And Amortization OtherDepreciationAndAmortization	149211000	usd
	us-gaap	Other Depreciation And Amortization OtherDepreciationAndAmortization	135700000	usd
CY2023Q2	ecd	Non Rule10b51 Arr Trmntd Flag NonRule10b51ArrTrmntdFlag	false
CY2023Q2	ecd	Non Rule10b51 Arr Adopted Flag NonRule10b51ArrAdoptedFlag	false
CY2023Q2	ecd	Rule10b51 Arr Trmntd Flag Rule10b51ArrTrmntdFlag	false
CY2023Q2	ecd	Rule10b51 Arr Adopted Flag Rule10b51ArrAdoptedFlag	false

Files In Submission

Name	View Source	Status
0000793074-23-000044-index-headers.html	Edgar Link	pending
0000793074-23-000044-index.html	Edgar Link	pending
0000793074-23-000044.txt	Edgar Link	pending
0000793074-23-000044-xbrl.zip	Edgar Link	pending
Financial_Report.xlsx	Edgar Link	pending
image_0a.jpg	Edgar Link	pending
MetaLinks.json	Edgar Link	pending
R1.htm	Edgar Link	pending
R10.htm	Edgar Link	pending
R11.htm	Edgar Link	pending
R12.htm	Edgar Link	pending
R13.htm	Edgar Link	pending
R14.htm	Edgar Link	pending
R15.htm	Edgar Link	pending
R16.htm	Edgar Link	pending
R17.htm	Edgar Link	pending
R18.htm	Edgar Link	pending
R19.htm	Edgar Link	pending
R2.htm	Edgar Link	pending
R20.htm	Edgar Link	pending
R21.htm	Edgar Link	pending
R22.htm	Edgar Link	pending
R23.htm	Edgar Link	pending
R24.htm	Edgar Link	pending
R25.htm	Edgar Link	pending
R26.htm	Edgar Link	pending
R27.htm	Edgar Link	pending
R28.htm	Edgar Link	pending
R29.htm	Edgar Link	pending
R3.htm	Edgar Link	pending
R30.htm	Edgar Link	pending
R31.htm	Edgar Link	pending
R32.htm	Edgar Link	pending
R33.htm	Edgar Link	pending
R34.htm	Edgar Link	pending
R35.htm	Edgar Link	pending
R36.htm	Edgar Link	pending
R37.htm	Edgar Link	pending
R38.htm	Edgar Link	pending
R39.htm	Edgar Link	pending
R4.htm	Edgar Link	pending
R40.htm	Edgar Link	pending
R41.htm	Edgar Link	pending
R42.htm	Edgar Link	pending
R43.htm	Edgar Link	pending
R44.htm	Edgar Link	pending
R45.htm	Edgar Link	pending
R46.htm	Edgar Link	pending
R47.htm	Edgar Link	pending
R48.htm	Edgar Link	pending
R49.htm	Edgar Link	pending
R5.htm	Edgar Link	pending
R50.htm	Edgar Link	pending
R51.htm	Edgar Link	pending
R52.htm	Edgar Link	pending
R53.htm	Edgar Link	pending
R54.htm	Edgar Link	pending
R55.htm	Edgar Link	pending
R56.htm	Edgar Link	pending
R57.htm	Edgar Link	pending
R58.htm	Edgar Link	pending
R59.htm	Edgar Link	pending
R6.htm	Edgar Link	pending
R60.htm	Edgar Link	pending
R61.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
wern-20230630.htm	Edgar Link	pending
wern-20230630.xsd	Edgar Link	pending
wern-2023630xex102.htm	Edgar Link	pending
wern-2023630xex311.htm	Edgar Link	pending
wern-2023630xex312.htm	Edgar Link	pending
wern-2023630xex321.htm	Edgar Link	pending
wern-2023630xex322.htm	Edgar Link	pending
wern-20230630_lab.xml	Edgar Link	unprocessable
wern-20230630_pre.xml	Edgar Link	unprocessable
wern-20230630_htm.xml	Edgar Link	completed
FilingSummary.xml	Edgar Link	unprocessable
wern-20230630_def.xml	Edgar Link	unprocessable
wern-20230630_cal.xml	Edgar Link	unprocessable

Create your account

Find Stocks Worth Researching

Deeply Understand Businesses

Value Businesses Intelligently

$WERN
WERNER ENTERPRISES INC Stock $wern

2023 Q3 Form 10-Q Financial Statement

#000079307423000044 Filed on August 08, 2023

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$WERN WERNER ENTERPRISES INC Stock $wern

2023 Q3 Form 10-Q Financial Statement

#000079307423000044 Filed on August 08, 2023

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$WERN
WERNER ENTERPRISES INC Stock $wern