2024 Q1 Form 10-K Financial Statement

#000079307424000014 Filed on February 26, 2024

View on sec.gov

Income Statement

Concept 2024 Q1 2023 Q4 2023
Revenue $769.1M $821.9M $3.283B
YoY Change -7.64% -4.59% -0.2%
Cost Of Revenue $139.4M $148.6M $601.5M
YoY Change -12.68% -15.97% -12.88%
Gross Profit $629.7M $673.3M $2.682B
YoY Change -6.45% -1.65% 3.17%
Gross Profit Margin 81.87% 81.92% 81.68%
Selling, General & Admin $535.6M $558.7M $2.219B
YoY Change -3.53% 3.04% 7.74%
% of Gross Profit 85.05% 82.98% 82.72%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $74.27M $75.71M $299.5M
YoY Change -0.06% 2.55% 9.39%
% of Gross Profit 11.79% 11.24% 11.17%
Operating Expenses $614.1M $635.4M $2.506B
YoY Change -0.9% 6.57% 10.06%
Operating Profit $15.59M $37.93M $176.4M
YoY Change -70.8% -57.08% -45.39%
Interest Expense $7.948M -$7.630M -$28.16M
YoY Change -223.32% 4.79% -338.06%
% of Operating Profit 50.99% -20.11% -15.96%
Other Income/Expense, Net -$6.273M -$100.0K -$477.0K
YoY Change 89514.29% -10.71% -127.89%
Pretax Income $9.315M $30.20M $147.8M
YoY Change -80.15% -62.71% -54.5%
Income Tax $3.067M $6.970M $35.49M
% Of Pretax Income 32.93% 23.08% 24.02%
Net Earnings $6.312M $23.57M $112.4M
YoY Change -82.08% -60.82% -53.42%
Net Earnings / Revenue 0.82% 2.87% 3.42%
Basic Earnings Per Share $0.10 $1.77
Diluted Earnings Per Share $0.10 $0.37 $1.76
COMMON SHARES
Basic Shares Outstanding 63.47M shares 63.39M shares 63.37M shares
Diluted Shares Outstanding 63.73M shares 63.72M shares

Balance Sheet

Concept 2024 Q1 2023 Q4 2023
SHORT-TERM ASSETS
Cash & Short-Term Investments $60.34M $61.72M $61.72M
YoY Change -53.44% -42.44% -42.44%
Cash & Equivalents $60.34M $61.72M $61.72M
Short-Term Investments
Other Short-Term Assets $64.51M $84.41M $84.41M
YoY Change -13.83% 13.36% 4.76%
Inventory $17.17M $18.08M $18.08M
Prepaid Expenses
Receivables $417.5M $444.9M $444.9M
Other Receivables $25.03M $25.48M $25.48M
Total Short-Term Assets $597.3M $634.6M $634.6M
YoY Change -15.84% -16.78% -16.78%
LONG-TERM ASSETS
Property, Plant & Equipment $1.931B $1.973B $1.973B
YoY Change 4.14% 8.09% 5.72%
Goodwill $129.1M $129.1M
YoY Change 0.0% -2.72%
Intangibles $83.96M $86.48M
YoY Change -10.71% 6.1%
Long-Term Investments
YoY Change
Other Assets $337.2M $334.8M $334.8M
YoY Change 2.54% 13.43% 31.71%
Total Long-Term Assets $2.482B $2.523B $2.523B
YoY Change 3.12% 8.08% 8.08%
TOTAL ASSETS
Total Short-Term Assets $597.3M $634.6M $634.6M
Total Long-Term Assets $2.482B $2.523B $2.523B
Total Assets $3.079B $3.158B $3.158B
YoY Change -1.2% 1.96% 1.96%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $136.2M $136.0M $136.0M
YoY Change 5.65% 9.24% 9.24%
Accrued Expenses $22.20M $162.6M $162.6M
YoY Change -84.62% 698.83% 2.82%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $1.250M $2.500M $2.500M
YoY Change -75.0% -60.0% -60.0%
Total Short-Term Liabilities $314.1M $330.6M $330.6M
YoY Change 3.54% 6.81% 6.81%
LONG-TERM LIABILITIES
Long-Term Debt $596.3M $646.3M $646.3M
YoY Change -13.11% -6.0% -6.0%
Other Long-Term Liabilities $53.37M $294.0M $294.0M
YoY Change -82.47% 392.61% -3.5%
Total Long-Term Liabilities $649.6M $940.2M $940.2M
YoY Change -34.43% 25.84% -5.23%
TOTAL LIABILITIES
Total Short-Term Liabilities $314.1M $330.6M $330.6M
Total Long-Term Liabilities $649.6M $940.2M $940.2M
Total Liabilities $1.522B $1.630B $1.630B
YoY Change -7.5% 0.91% -1.45%
SHAREHOLDERS EQUITY
Retained Earnings $1.951B $1.953B
YoY Change 2.52% 4.13%
Common Stock $133.5M $135.7M
YoY Change 3.63% 3.87%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $1.518B $1.528B $1.528B
YoY Change
Total Liabilities & Shareholders Equity $3.079B $3.158B $3.158B
YoY Change -1.2% 1.96% 1.96%

Cashflow Statement

Concept 2024 Q1 2023 Q4 2023
OPERATING ACTIVITIES
Net Income $6.312M $23.57M $112.4M
YoY Change -82.08% -60.82% -53.42%
Depreciation, Depletion And Amortization $74.27M $75.71M $299.5M
YoY Change -0.06% 2.55% 9.39%
Cash From Operating Activities $88.59M $118.3M $474.4M
YoY Change -46.91% 2.03% 5.72%
INVESTING ACTIVITIES
Capital Expenditures $58.24M $68.70M $598.8M
YoY Change -64.0% -46.05% 18.04%
Acquisitions $0.00 $188.0K
YoY Change -100.0% -99.9%
Other Investing Activities $38.83M $35.81M $163.8M
YoY Change 19.34% -130.28% -2413.81%
Cash From Investing Activities -$19.41M -$32.89M -$434.9M
YoY Change -84.98% -86.61% -15.44%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net $50.00M $90.00M
YoY Change -10.0%
Cash From Financing Activities -$70.77M -67.09M -$87.07M
YoY Change 335.93% -160.67% -173.76%
NET CHANGE
Cash From Operating Activities $88.59M 118.3M $474.4M
Cash From Investing Activities -$19.41M -32.89M -$434.9M
Cash From Financing Activities -$70.77M -67.09M -$87.07M
Net Change In Cash -$1.386M 18.36M -$45.52M
YoY Change -106.2% -196.62% -185.81%
FREE CASH FLOW
Cash From Operating Activities $88.59M $118.3M $474.4M
Capital Expenditures $58.24M $68.70M $598.8M
Free Cash Flow $30.35M $49.65M -$124.4M
YoY Change 497.09% -537.23% 112.53%

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53044000 usd
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24862000 usd
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3610000 usd
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110400000 usd
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<div style="margin-top:9pt;text-align:justify"><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></div>
CY2023 wern Accounts Receivable Recorded Investment Past Due Days
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Depreciation
289200000 usd
CY2022 us-gaap Depreciation
Depreciation
273800000 usd
CY2021 us-gaap Depreciation
Depreciation
265800000 usd
CY2023 us-gaap Property Plant And Equipment Impairment
PropertyPlantAndEquipmentImpairment
<div style="margin-top:9pt;text-align:justify"><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, 2023, 2022, and 2021.</span></div>
CY2023 us-gaap Asset Impairment Charges
AssetImpairmentCharges
0 usd
CY2022 us-gaap Asset Impairment Charges
AssetImpairmentCharges
0 usd
CY2021 us-gaap Asset Impairment Charges
AssetImpairmentCharges
0 usd
CY2023Q4 wern Self Insurance Retention Liability
SelfInsuranceRetentionLiability
10000000 usd
CY2023Q4 wern Annual Aggregate Limit
AnnualAggregateLimit
12500000 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
CY2023 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
CY2023 us-gaap Net Income Loss
NetIncomeLoss
112382000 usd
CY2022 us-gaap Net Income Loss
NetIncomeLoss
241256000 usd
CY2021 us-gaap Net Income Loss
NetIncomeLoss
259052000 usd
CY2023 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
63374000 shares
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
CY2023 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
344000 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
CY2023 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
63718000 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
CY2023 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.77
CY2022 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
3.76
CY2021 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
3.84
CY2023 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.76
CY2022 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
3.74
CY2021 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
3.82
CY2023Q4 us-gaap Accumulated Other Comprehensive Income Loss Foreign Currency Translation Adjustment Net Of Tax
AccumulatedOtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentNetOfTax
-10000000 usd
CY2022Q4 us-gaap Accumulated Other Comprehensive Income Loss Foreign Currency Translation Adjustment Net Of Tax
AccumulatedOtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentNetOfTax
-16200000 usd
CY2023Q4 us-gaap Aoci Derivative Qualifying As Hedge Excluded Component After Tax
AociDerivativeQualifyingAsHedgeExcludedComponentAfterTax
300000 usd
CY2022Q4 us-gaap Aoci Derivative Qualifying As Hedge Excluded Component After Tax
AociDerivativeQualifyingAsHedgeExcludedComponentAfterTax
4900000 usd
CY2022Q4 us-gaap Escrow Deposit
EscrowDeposit
11500000 usd
CY2022 us-gaap Business Combination Contingent Consideration Arrangements Change In Amount Of Contingent Consideration Liability1
BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1
2500000 usd
CY2023 us-gaap Revenues
Revenues
3283499000 usd
CY2022 us-gaap Revenues
Revenues
3289978000 usd
CY2021 us-gaap Revenues
Revenues
2734372000 usd
CY2023 us-gaap Revenues
Revenues
3283499000 usd
CY2022 us-gaap Revenues
Revenues
3289978000 usd
CY2021 us-gaap Revenues
Revenues
2734372000 usd
CY2023 wern Average Transit Time
AverageTransitTime
P3D
CY2021 wern Other Revenue Percentage Of Total Revenue
OtherRevenuePercentageOfTotalRevenue
0.02
CY2023 wern Other Revenue Percentage Of Total Revenue
OtherRevenuePercentageOfTotalRevenue
0.02
CY2022 wern Other Revenue Percentage Of Total Revenue
OtherRevenuePercentageOfTotalRevenue
0.02
CY2023Q4 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
444900000 usd
CY2022Q4 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
518800000 usd
CY2023Q4 us-gaap Contract With Customer Asset Net
ContractWithCustomerAssetNet
7400000 usd
CY2022Q4 us-gaap Contract With Customer Asset Net
ContractWithCustomerAssetNet
8900000 usd
CY2022Q4 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
900000 usd
CY2023Q4 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
900000 usd
CY2023 us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
900000 usd
CY2023 wern Average Transit Time
AverageTransitTime
P3D
CY2021Q4 us-gaap Goodwill
Goodwill
74618000 usd
CY2022 us-gaap Goodwill Purchase Accounting Adjustments
GoodwillPurchaseAccountingAdjustments
-214000 usd
CY2022Q4 us-gaap Goodwill
Goodwill
132717000 usd
CY2023 us-gaap Goodwill Purchase Accounting Adjustments
GoodwillPurchaseAccountingAdjustments
-3613000 usd
CY2023Q4 us-gaap Goodwill
Goodwill
129104000 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
104800000 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
18323000 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
86477000 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
CY2023 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
10300000 usd
CY2022 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
6100000 usd
CY2021 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
1900000 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
10070000 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
10070000 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
10070000 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
10070000 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseYearFive
10070000 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Amortization Expense After Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseAfterYearFive
36127000 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
86477000 usd
CY2023Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
34814000 usd
CY2022Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
40963000 usd
CY2023Q4 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
9017000 usd
CY2022Q4 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
9396000 usd
CY2023Q4 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
27495000 usd
CY2022Q4 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
32897000 usd
CY2023Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
36512000 usd
CY2022Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
42293000 usd
CY2023Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P6Y1M24D
CY2022Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P6Y5M4D
CY2023Q4 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
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
10142000 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
8316000 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
6527000 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
4459000 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Five
LesseeOperatingLeaseLiabilityPaymentsDueYearFive
3190000 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due After Year Five
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive
7694000 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
40328000 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
3816000 usd
CY2023Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
36512000 usd
CY2023 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
4700000 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
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
CY2023 us-gaap Operating Lease Payments
OperatingLeasePayments
11100000 usd
CY2022 us-gaap Operating Lease Payments
OperatingLeasePayments
8500000 usd
CY2021 us-gaap Operating Lease Payments
OperatingLeasePayments
4600000 usd
CY2023 us-gaap Lease Cost
LeaseCost
22500000 usd
CY2022 us-gaap Lease Cost
LeaseCost
22100000 usd
CY2021 us-gaap Lease Cost
LeaseCost
15700000 usd
CY2023 wern Long Term Operating Lease Expense
LongTermOperatingLeaseExpense
11500000 usd
CY2022 wern Long Term Operating Lease Expense
LongTermOperatingLeaseExpense
9400000 usd
CY2021 wern Long Term Operating Lease Expense
LongTermOperatingLeaseExpense
4800000 usd
CY2023 us-gaap Operating Lease Lease Income
OperatingLeaseLeaseIncome
10900000 usd
CY2022 us-gaap Operating Lease Lease Income
OperatingLeaseLeaseIncome
10700000 usd
CY2021 us-gaap Operating Lease Lease Income
OperatingLeaseLeaseIncome
11700000 usd
CY2023Q4 us-gaap Lessor Operating Lease Payments To Be Received Next Twelve Months
LessorOperatingLeasePaymentsToBeReceivedNextTwelveMonths
6691000 usd
CY2023Q4 us-gaap Lessor Operating Lease Payments To Be Received Two Years
LessorOperatingLeasePaymentsToBeReceivedTwoYears
686000 usd
CY2023Q4 us-gaap Lessor Operating Lease Payments To Be Received Three Years
LessorOperatingLeasePaymentsToBeReceivedThreeYears
339000 usd
CY2023Q4 us-gaap Lessor Operating Lease Payments To Be Received Four Years
LessorOperatingLeasePaymentsToBeReceivedFourYears
85000 usd
CY2023Q4 us-gaap Lessor Operating Lease Payments To Be Received Five Years
LessorOperatingLeasePaymentsToBeReceivedFiveYears
0 usd
CY2023Q4 us-gaap Lessor Operating Lease Payments To Be Received Thereafter
LessorOperatingLeasePaymentsToBeReceivedThereafter
0 usd
CY2023Q4 us-gaap Lessor Operating Lease Payments To Be Received
LessorOperatingLeasePaymentsToBeReceived
7801000 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
CY2023 wern Business Combination Payment For Contingent Consideration
BusinessCombinationPaymentForContingentConsideration
1500000 usd
CY2023 us-gaap Business Combination Contingent Consideration Arrangements Change In Amount Of Contingent Consideration Liability1
BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1
2204000 usd
CY2023Q4 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliations Recurring Basis Liability Value
FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue
8896000 usd
CY2023Q4 us-gaap Equity Securities Without Readily Determinable Fair Value Amount
EquitySecuritiesWithoutReadilyDeterminableFairValueAmount
3066000 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
CY2023 us-gaap Equity Securities Without Readily Determinable Fair Value Upward Price Adjustment Annual Amount
EquitySecuritiesWithoutReadilyDeterminableFairValueUpwardPriceAdjustmentAnnualAmount
0 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
CY2023Q4 us-gaap Equity Securities Without Readily Determinable Fair Value Upward Price Adjustment Cumulative Amount
EquitySecuritiesWithoutReadilyDeterminableFairValueUpwardPriceAdjustmentCumulativeAmount
56800000 usd
CY2023Q3 wern Number Of Interest Rate Swaps Entered Into During Period
NumberOfInterestRateSwapsEnteredIntoDuringPeriod
4 interestrateswap
CY2023Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Next Twelve Months
LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths
88750000 usd
CY2023Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Two
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo
0 usd
CY2023Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Three
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree
0 usd
CY2023Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Four
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour
560000000 usd
CY2023Q4 us-gaap Long Term Debt
LongTermDebt
648750000 usd
CY2023Q4 us-gaap Notes Receivable Gross
NotesReceivableGross
39095000 usd
CY2022Q4 us-gaap Notes Receivable Gross
NotesReceivableGross
16208000 usd
CY2023Q4 us-gaap Notes And Loans Receivable Gross Current
NotesAndLoansReceivableGrossCurrent
2208000 usd
CY2022Q4 us-gaap Notes And Loans Receivable Gross Current
NotesAndLoansReceivableGrossCurrent
2691000 usd
CY2023Q4 us-gaap Notes And Loans Receivable Gross Noncurrent
NotesAndLoansReceivableGrossNoncurrent
36887000 usd
CY2022Q4 us-gaap Notes And Loans Receivable Gross Noncurrent
NotesAndLoansReceivableGrossNoncurrent
13517000 usd
CY2023 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
17624000 usd
CY2022 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
23741000 usd
CY2021 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
42049000 usd
CY2023 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
7661000 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
CY2023 us-gaap Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
2053000 usd
CY2022 us-gaap Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
489000 usd
CY2021 us-gaap Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
213000 usd
CY2023 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
27338000 usd
CY2022 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
36653000 usd
CY2021 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
55049000 usd
CY2023 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
10019000 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
CY2023 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
-1866000 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
CY2023 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
8153000 usd
CY2022 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
42553000 usd
CY2021 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
29488000 usd
CY2023 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
35491000 usd
CY2022 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
79206000 usd
CY2021 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
84537000 usd
CY2023 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
31034000 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
CY2023 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
4578000 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
CY2023 us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
-121000 usd
CY2022 us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
-1998000 usd
CY2021 us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
275000 usd
CY2023 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
35491000 usd
CY2022 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
79206000 usd
CY2021 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
84537000 usd
CY2023Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Self Insurance
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsSelfInsurance
57168000 usd
CY2022Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Self Insurance
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsSelfInsurance
59275000 usd
CY2023Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefits
9931000 usd
CY2022Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefits
10767000 usd
CY2023Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Allowance For Doubtful Accounts
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsAllowanceForDoubtfulAccounts
2797000 usd
CY2022Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Allowance For Doubtful Accounts
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsAllowanceForDoubtfulAccounts
3218000 usd
CY2023Q4 wern Deferred Tax Assets Leasing Arrangements
DeferredTaxAssetsLeasingArrangements
8733000 usd
CY2022Q4 wern Deferred Tax Assets Leasing Arrangements
DeferredTaxAssetsLeasingArrangements
10324000 usd
CY2023Q4 us-gaap Deferred Tax Assets Other
DeferredTaxAssetsOther
2235000 usd
CY2022Q4 us-gaap Deferred Tax Assets Other
DeferredTaxAssetsOther
981000 usd
CY2023Q4 us-gaap Deferred Tax Assets Gross
DeferredTaxAssetsGross
80864000 usd
CY2022Q4 us-gaap Deferred Tax Assets Gross
DeferredTaxAssetsGross
84565000 usd
CY2023Q4 us-gaap Deferred Tax Liabilities Property Plant And Equipment
DeferredTaxLiabilitiesPropertyPlantAndEquipment
351352000 usd
CY2022Q4 us-gaap Deferred Tax Liabilities Property Plant And Equipment
DeferredTaxLiabilitiesPropertyPlantAndEquipment
344896000 usd
CY2023Q4 us-gaap Deferred Tax Liabilities Investments
DeferredTaxLiabilitiesInvestments
12240000 usd
CY2022Q4 us-gaap Deferred Tax Liabilities Investments
DeferredTaxLiabilitiesInvestments
12818000 usd
CY2023Q4 us-gaap Deferred Tax Liabilities Prepaid Expenses
DeferredTaxLiabilitiesPrepaidExpenses
7118000 usd
CY2022Q4 us-gaap Deferred Tax Liabilities Prepaid Expenses
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3289978000 usd
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2734372000 usd
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CY2023 dei Auditor Name
AuditorName
KPMG LLP
CY2023 dei Auditor Location
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Omaha, NE
CY2023 dei Auditor Firm
AuditorFirmId
185

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