$XPO
XPO, Inc.

2014 Q1 Form 10-Q Financial Statement

#000119312514180414 Filed on May 02, 2014

View on sec.gov

Income Statement

Concept 2014 Q1 2013 Q1
Revenue $282.4M $114.0M
YoY Change 147.72% 155.61%
Cost Of Revenue $224.0M $97.70M
YoY Change 129.27% 158.47%
Gross Profit $58.40M $16.26M
YoY Change 259.16% 140.07%
Gross Profit Margin 20.68% 14.26%
Selling, General & Admin $7.300M $26.10M
YoY Change -72.03% 143.93%
% of Gross Profit 12.5% 160.52%
Research & Development $200.0K
YoY Change
% of Gross Profit 0.34%
Depreciation & Amortization $4.000M $700.0K
YoY Change 471.43% 120.82%
% of Gross Profit 6.85% 4.31%
Operating Expenses $303.8M $125.3M
YoY Change 142.46% 156.76%
Operating Profit -$21.40M -$11.30M
YoY Change 89.38% 169.05%
Interest Expense $10.10M $3.100M
YoY Change 225.81%
% of Operating Profit
Other Income/Expense, Net -$100.0K -$100.0K
YoY Change 0.0%
Pretax Income -$31.60M -$14.50M
YoY Change 117.93% 245.24%
Income Tax -$3.300M $200.0K
% Of Pretax Income
Net Earnings -$28.30M -$14.70M
YoY Change 92.52% 444.44%
Net Earnings / Revenue -10.02% -12.89%
Basic Earnings Per Share -$0.70 -$0.85
Diluted Earnings Per Share -$0.70 -$0.85
COMMON SHARES
Basic Shares Outstanding 41.31M shares 18.03M shares
Diluted Shares Outstanding 41.30M shares 18.03M shares

Balance Sheet

Concept 2014 Q1 2013 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $144.0M $206.0M
YoY Change -30.1% 0.98%
Cash & Equivalents $143.9M $206.2M
Short-Term Investments
Other Short-Term Assets $10.87M $3.785M
YoY Change 187.16% -5.38%
Inventory
Prepaid Expenses $8.515M $1.657M
Receivables $342.8M $73.46M
Other Receivables $0.00 $3.000M
Total Short-Term Assets $512.2M $289.3M
YoY Change 77.08% 23.09%
LONG-TERM ASSETS
Property, Plant & Equipment $98.82M $14.01M
YoY Change 605.3% 250.28%
Goodwill $539.2M $66.90M
YoY Change 705.98% 293.53%
Intangibles $250.2M $29.37M
YoY Change 751.81%
Long-Term Investments
YoY Change
Other Assets $9.518M $829.0K
YoY Change 1048.13%
Total Long-Term Assets $911.6M $111.2M
YoY Change 719.77% 267.64%
TOTAL ASSETS
Total Short-Term Assets $512.2M $289.3M
Total Long-Term Assets $911.6M $111.2M
Total Assets $1.424B $400.5M
YoY Change 255.54% 50.97%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $227.7M $20.23M
YoY Change 1025.91% 102.27%
Accrued Expenses $62.00M $23.00M
YoY Change 169.57% 228.57%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due $1.777M $1.000M
YoY Change 77.7%
Total Short-Term Liabilities $301.2M $45.59M
YoY Change 560.65% 153.29%
LONG-TERM LIABILITIES
Long-Term Debt $100.3M $111.0M
YoY Change -9.63%
Other Long-Term Liabilities $32.66M $3.770M
YoY Change 766.39% 277.0%
Total Long-Term Liabilities $157.8M $121.5M
YoY Change 29.89% 12046.4%
TOTAL LIABILITIES
Total Short-Term Liabilities $301.2M $45.59M
Total Long-Term Liabilities $157.8M $121.5M
Total Liabilities $459.0M $167.1M
YoY Change 174.74% 659.35%
SHAREHOLDERS EQUITY
Retained Earnings -$140.7M -$75.57M
YoY Change 86.13%
Common Stock $53.00K $18.00K
YoY Change 194.44%
Preferred Stock
YoY Change
Treasury Stock (at cost) $107.0K $107.0K
YoY Change 0.0%
Treasury Stock Shares
Shareholders Equity $964.8M $233.4M
YoY Change
Total Liabilities & Shareholders Equity $1.424B $400.5M
YoY Change 255.54% 51.11%

Cashflow Statement

Concept 2014 Q1 2013 Q1
OPERATING ACTIVITIES
Net Income -$28.30M -$14.70M
YoY Change 92.52% 444.44%
Depreciation, Depletion And Amortization $4.000M $700.0K
YoY Change 471.43% 120.82%
Cash From Operating Activities -$8.700M -$28.01M
YoY Change -68.94% 909.15%
INVESTING ACTIVITIES
Capital Expenditures $3.900M $1.081M
YoY Change 260.78% 29.31%
Acquisitions $191.0M $16.56M
YoY Change 1053.38%
Other Investing Activities -$200.0K -$125.0K
YoY Change 60.0% -75.0%
Cash From Investing Activities -$194.7M -$17.52M
YoY Change 1011.56% 1262.05%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $413.2M
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities $325.8M -600.0K
YoY Change -54400.0% -100.45%
NET CHANGE
Cash From Operating Activities -$8.700M -28.01M
Cash From Investing Activities -$194.7M -17.52M
Cash From Financing Activities $325.8M -600.0K
Net Change In Cash $122.4M -45.53M
YoY Change -368.83% 1020.88%
FREE CASH FLOW
Cash From Operating Activities -$8.700M -$28.01M
Capital Expenditures $3.900M $1.081M
Free Cash Flow -$12.60M -$29.10M
YoY Change -56.69% 705.51%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
CY2014Q2 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
52521134 shares
CY2013Q1 us-gaap Goodwill
Goodwill
66904000
CY2013Q1 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
206182000
CY2014Q1 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
52525800 shares
CY2014Q1 us-gaap Debt Instrument Convertible Conversion Price1
DebtInstrumentConvertibleConversionPrice1
16.43
CY2014Q1 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
52570800 shares
CY2014Q1 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
73335 shares
CY2014Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
11.36
CY2014Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
1385270 shares
CY2014Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Non Option Equity Instruments Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsOutstandingNumber
1922446 shares
CY2014Q1 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
10000000 shares
CY2014Q1 us-gaap Treasury Stock Number Of Shares Held
TreasuryStockNumberOfSharesHeld
45000 shares
CY2014Q1 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
150000000 shares
CY2014Q1 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.001
CY2014Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue
14.72
CY2014Q1 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.001
CY2014Q1 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
73335 shares
CY2014Q1 us-gaap Preferred Stock Value
PreferredStockValue
42258000
CY2014Q1 us-gaap Liability For Uncertain Tax Positions Noncurrent
LiabilityForUncertainTaxPositionsNoncurrent
1664000
CY2014Q1 us-gaap Operating Leases Future Minimum Payments Due In Two Years
OperatingLeasesFutureMinimumPaymentsDueInTwoYears
40500000
CY2014Q1 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
100314000
CY2014Q1 us-gaap Accrued Salaries Current
AccruedSalariesCurrent
19257000
CY2014Q1 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
15658000
CY2014Q1 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
45947000
CY2014Q1 us-gaap Additional Paid In Capital
AdditionalPaidInCapital
1063242000
CY2014Q1 us-gaap Operating Leases Future Minimum Payments Due
OperatingLeasesFutureMinimumPaymentsDue
168600000
CY2014Q1 us-gaap Accounts Payable Current
AccountsPayableCurrent
227738000
CY2014Q1 us-gaap Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Capital Lease Obligation
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedCapitalLeaseObligation
4162000
CY2014Q1 us-gaap Accrued Professional Fees Current
AccruedProfessionalFeesCurrent
14172000
CY2014Q1 us-gaap Restructuring Reserve
RestructuringReserve
6394000
CY2014Q1 us-gaap Operating Leases Future Minimum Payments Due In Four Years
OperatingLeasesFutureMinimumPaymentsDueInFourYears
14100000
CY2014Q1 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
11200000
CY2014Q1 us-gaap Purchase Obligation
PurchaseObligation
22400000
CY2014Q1 us-gaap Liabilities Current
LiabilitiesCurrent
301205000
CY2014Q1 us-gaap Operating Leases Future Minimum Payments Due Thereafter
OperatingLeasesFutureMinimumPaymentsDueThereafter
20400000
CY2014Q1 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
32663000
CY2014Q1 us-gaap Stockholders Equity
StockholdersEquity
964780000
CY2014Q1 us-gaap Purchase Obligation Due In Fifth Year
PurchaseObligationDueInFifthYear
700000
CY2014Q1 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
5066000
CY2014Q1 us-gaap Convertible Long Term Notes Payable
ConvertibleLongTermNotesPayable
99844000
CY2014Q1 us-gaap Long Term Line Of Credit
LongTermLineOfCredit
470000
CY2014Q1 us-gaap Purchase Obligation Due In Fourth Year
PurchaseObligationDueInFourthYear
1700000
CY2014Q1 us-gaap Notes Payable
NotesPayable
2017000
CY2014Q1 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-140666000
CY2014Q1 us-gaap Deferred Revenue Current
DeferredRevenueCurrent
2945000
CY2014Q1 us-gaap Purchase Obligation Due In Third Year
PurchaseObligationDueInThirdYear
2600000
CY2014Q1 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
22722000
CY2014Q1 us-gaap Taxes Payable Current
TaxesPayableCurrent
1485000
CY2014Q1 us-gaap Deferred Rent Credit Noncurrent
DeferredRentCreditNoncurrent
4467000
CY2014Q1 us-gaap Common Stock Value
CommonStockValue
53000
CY2014Q1 us-gaap Convertible Debt Fair Value Disclosures
ConvertibleDebtFairValueDisclosures
225300000
CY2014Q1 us-gaap Litigation Reserve
LitigationReserve
21989000
CY2014Q1 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
1423755000
CY2014Q1 us-gaap Deferred Tax Liabilities Noncurrent
DeferredTaxLiabilitiesNoncurrent
24793000
CY2014Q1 us-gaap Line Of Credit Facility Amount Outstanding
LineOfCreditFacilityAmountOutstanding
CY2014Q1 us-gaap Capital Lease Obligations
CapitalLeaseObligations
230000
CY2014Q1 us-gaap Purchase Obligation Due In Next Twelve Months
PurchaseObligationDueInNextTwelveMonths
10700000
CY2014Q1 us-gaap Long Term Debt
LongTermDebt
122905000
CY2014Q1 us-gaap Operating Leases Future Minimum Payments Due In Three Years
OperatingLeasesFutureMinimumPaymentsDueInThreeYears
24800000
CY2014Q1 us-gaap Liabilities Noncurrent
LiabilitiesNoncurrent
157770000
CY2014Q1 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
6486000
CY2014Q1 us-gaap Interest Payable Current
InterestPayableCurrent
CY2014Q1 us-gaap Purchase Obligation Due In Second Year
PurchaseObligationDueInSecondYear
6700000
CY2014Q1 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
CY2014Q1 us-gaap Accrued Insurance Current
AccruedInsuranceCurrent
6123000
CY2014Q1 us-gaap Operating Leases Future Minimum Payments Due Current
OperatingLeasesFutureMinimumPaymentsDueCurrent
68800000
CY2014Q1 us-gaap Long Term Debt Current
LongTermDebtCurrent
1777000
CY2014Q1 us-gaap Finite Lived Trade Names Gross
FiniteLivedTradeNamesGross
10801000
CY2014Q1 us-gaap Assets Current
AssetsCurrent
512204000
CY2014Q1 us-gaap Goodwill
Goodwill
539168000
CY2014Q1 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
250203000
CY2014Q1 us-gaap Finite Lived Customer Lists Gross
FiniteLivedCustomerListsGross
235926000
CY2014Q1 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
9518000
CY2014Q1 us-gaap Finite Lived Noncompete Agreements Gross
FiniteLivedNoncompeteAgreementsGross
8580000
CY2014Q1 us-gaap Prepaid Expense Current
PrepaidExpenseCurrent
8515000
CY2014Q1 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
44752000
CY2014Q1 us-gaap Other Finite Lived Intangible Assets Gross
OtherFiniteLivedIntangibleAssetsGross
2172000
CY2014Q1 us-gaap Finite Lived Intangible Assets Amortization Expense Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseYearFive
21776000
CY2014Q1 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
13332000
CY2014Q1 us-gaap Indefinite Lived Trade Names
IndefiniteLivedTradeNames
3346000
CY2014Q1 us-gaap Deferred Tax Assets Net Noncurrent
DeferredTaxAssetsNetNoncurrent
511000
CY2014Q1 us-gaap Assets
Assets
1423755000
CY2014Q1 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
143886000
CY2014Q1 us-gaap Capitalized Computer Software Net
CapitalizedComputerSoftwareNet
43700000
CY2014Q1 us-gaap Money Market Funds At Carrying Value
MoneyMarketFundsAtCarryingValue
1500000
CY2014Q1 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
342752000
CY2014Q1 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
43368000
CY2014Q1 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
114477000
CY2014Q1 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
246857000
CY2014Q1 us-gaap Assets Noncurrent
AssetsNoncurrent
911551000
CY2014Q1 us-gaap Debt Instrument Unamortized Discount
DebtInstrumentUnamortizedDiscount
20814000
CY2014Q1 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
269579000
CY2014Q1 us-gaap Other Assets Current
OtherAssetsCurrent
10869000
CY2014Q1 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
34056000
CY2014Q1 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
23502000
CY2014Q1 us-gaap Deferred Tax Assets Net Current
DeferredTaxAssetsNetCurrent
6182000
CY2014Q1 us-gaap Treasury Stock Value
TreasuryStockValue
107000
CY2014Q1 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
98819000
CY2014Q1 xpo Other Accrued Expenses Current
OtherAccruedExpensesCurrent
4925000
CY2014Q1 xpo Convertible Senior Notes Term
ConvertibleSeniorNotesTerm
P60M
CY2014Q1 xpo Capital Leases For Equipment Term
CapitalLeasesForEquipmentTerm
P59M
CY2014Q1 xpo Other Liabilities Non Current Other
OtherLiabilitiesNonCurrentOther
111000
CY2014Q1 xpo Convertible Senior Notes Interest Rate
ConvertibleSeniorNotesInterestRate
0.0450 pure
CY2014Q1 xpo Capital Lease For Equipment Interest Rate
CapitalLeaseForEquipmentInterestRate
0.1415 pure
CY2014Q1 xpo Finite Lived Intangible Assets Carrier Relationships
FiniteLivedIntangibleAssetsCarrierRelationships
12100000
CY2014Q1 xpo Vacant Rent Liability Noncurrent
VacantRentLiabilityNoncurrent
270000
CY2014Q1 xpo Convertible Senior Notes
ConvertibleSeniorNotes
120658000
CY2014Q1 xpo Business Acquisition Purchase Price Payable Current
BusinessAcquisitionPurchasePricePayableCurrent
9409000
CY2014Q1 xpo Accrued Container And Railcar Costs
AccruedContainerAndRailcarCosts
6888000
CY2012Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
252293000
CY2013Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
30538073 shares
CY2013Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
30583073 shares
CY2013Q4 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
74175 shares
CY2013Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
11.02
CY2013Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
1421520 shares
CY2013Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Non Option Equity Instruments Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsOutstandingNumber
1351655 shares
CY2013Q4 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
10000000 shares
CY2013Q4 us-gaap Treasury Stock Number Of Shares Held
TreasuryStockNumberOfSharesHeld
45000 shares
CY2013Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
150000000 shares
CY2013Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.001
CY2013Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue
13.26
CY2013Q4 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.001
CY2013Q4 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
74175 shares
CY2013Q4 us-gaap Preferred Stock Value
PreferredStockValue
42737000
CY2013Q4 us-gaap Liability For Uncertain Tax Positions Noncurrent
LiabilityForUncertainTaxPositionsNoncurrent
916000
CY2013Q4 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
181641000
CY2013Q4 us-gaap Accrued Salaries Current
AccruedSalariesCurrent
11741000
CY2013Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
11803000
CY2013Q4 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
9489000
CY2013Q4 us-gaap Additional Paid In Capital
AdditionalPaidInCapital
524972000
CY2013Q4 us-gaap Accounts Payable Current
AccountsPayableCurrent
71391000
CY2013Q4 us-gaap Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Capital Lease Obligation
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedCapitalLeaseObligation
233000
CY2013Q4 us-gaap Accrued Professional Fees Current
AccruedProfessionalFeesCurrent
7301000
CY2013Q4 us-gaap Restructuring Reserve
RestructuringReserve
CY2013Q4 us-gaap Liabilities Current
LiabilitiesCurrent
99333000
CY2013Q4 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
28224000
CY2013Q4 us-gaap Stockholders Equity
StockholdersEquity
455843000
CY2013Q4 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
3539000
CY2013Q4 us-gaap Convertible Long Term Notes Payable
ConvertibleLongTermNotesPayable
106268000
CY2013Q4 us-gaap Long Term Line Of Credit
LongTermLineOfCredit
75373000
CY2013Q4 us-gaap Notes Payable
NotesPayable
2205000
CY2013Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-111789000
CY2013Q4 us-gaap Deferred Revenue Current
DeferredRevenueCurrent
CY2013Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
15411000
CY2013Q4 us-gaap Taxes Payable Current
TaxesPayableCurrent
CY2013Q4 us-gaap Deferred Rent Credit Noncurrent
DeferredRentCreditNoncurrent
4387000
CY2013Q4 us-gaap Common Stock Value
CommonStockValue
30000
CY2013Q4 us-gaap Litigation Reserve
LitigationReserve
22500000
CY2013Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
780241000
CY2013Q4 us-gaap Deferred Tax Liabilities Noncurrent
DeferredTaxLiabilitiesNoncurrent
15200000
CY2013Q4 us-gaap Line Of Credit Facility Amount Outstanding
LineOfCreditFacilityAmountOutstanding
75000000
CY2013Q4 us-gaap Capital Lease Obligations
CapitalLeaseObligations
196000
CY2013Q4 us-gaap Long Term Debt
LongTermDebt
211143000
CY2013Q4 us-gaap Liabilities Noncurrent
LiabilitiesNoncurrent
225065000
CY2013Q4 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
4684000
CY2013Q4 us-gaap Interest Payable Current
InterestPayableCurrent
1498000
CY2013Q4 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
CY2013Q4 us-gaap Accrued Insurance Current
AccruedInsuranceCurrent
437000
CY2013Q4 us-gaap Long Term Debt Current
LongTermDebtCurrent
2028000
CY2013Q4 us-gaap Finite Lived Trade Names Gross
FiniteLivedTradeNamesGross
8041000
CY2013Q4 us-gaap Assets Current
AssetsCurrent
170031000
CY2013Q4 us-gaap Goodwill
Goodwill
363448000
CY2013Q4 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
185179000
CY2013Q4 us-gaap Finite Lived Customer Lists Gross
FiniteLivedCustomerListsGross
168666000
CY2013Q4 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
2799000
CY2013Q4 us-gaap Finite Lived Noncompete Agreements Gross
FiniteLivedNoncompeteAgreementsGross
6265000
CY2013Q4 us-gaap Prepaid Expense Current
PrepaidExpenseCurrent
3935000
CY2013Q4 us-gaap Other Finite Lived Intangible Assets Gross
OtherFiniteLivedIntangibleAssetsGross
2172000
CY2013Q4 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
2141000
CY2013Q4 us-gaap Indefinite Lived Trade Names
IndefiniteLivedTradeNames
3346000
CY2013Q4 us-gaap Deferred Tax Assets Net Noncurrent
DeferredTaxAssetsNetNoncurrent
72000
CY2013Q4 us-gaap Assets
Assets
780241000
CY2013Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
21524000
CY2013Q4 us-gaap Capitalized Computer Software Net
CapitalizedComputerSoftwareNet
31700000
CY2013Q4 us-gaap Money Market Funds At Carrying Value
MoneyMarketFundsAtCarryingValue
1600000
CY2013Q4 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
134227000
CY2013Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
68374000
CY2013Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
181833000
CY2013Q4 us-gaap Assets Noncurrent
AssetsNoncurrent
610210000
CY2013Q4 us-gaap Debt Instrument Unamortized Discount
DebtInstrumentUnamortizedDiscount
27474000
CY2013Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
197244000
CY2013Q4 us-gaap Other Assets Current
OtherAssetsCurrent
7304000
CY2013Q4 us-gaap Deferred Tax Assets Net Current
DeferredTaxAssetsNetCurrent
3041000
CY2013Q4 us-gaap Treasury Stock Value
TreasuryStockValue
107000
CY2013Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
56571000
CY2013Q4 xpo Other Accrued Expenses Current
OtherAccruedExpensesCurrent
253000
CY2013Q4 xpo Other Liabilities Non Current Other
OtherLiabilitiesNonCurrentOther
45000
CY2013Q4 xpo Finite Lived Intangible Assets Carrier Relationships
FiniteLivedIntangibleAssetsCarrierRelationships
12100000
CY2013Q4 xpo Vacant Rent Liability Noncurrent
VacantRentLiabilityNoncurrent
143000
CY2013Q4 xpo Convertible Senior Notes
ConvertibleSeniorNotes
133742000
CY2013Q4 xpo Business Acquisition Purchase Price Payable Current
BusinessAcquisitionPurchasePricePayableCurrent
CY2013Q4 xpo Accrued Container And Railcar Costs
AccruedContainerAndRailcarCosts
CY2014Q1 xpo Number Of Substantially Identical Putative Class Actions Filed
NumberOfSubstantiallyIdenticalPutativeClassActionsFiled
5 Complaints
CY2014Q1 us-gaap Equity Issuance Per Share Amount
EquityIssuancePerShareAmount
25.00
CY2014Q1 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
413200000
CY2013Q3 us-gaap Equity Issuance Per Share Amount
EquityIssuancePerShareAmount
22.75
CY2013Q3 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
239500000
CY2013 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P6Y11M5D
CY2013Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.85
CY2013Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
18032000 shares
CY2013Q1 us-gaap Incremental Common Shares Attributable To Call Options And Warrants
IncrementalCommonSharesAttributableToCallOptionsAndWarrants
6342298 shares
CY2013Q1 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.35 pure
CY2013Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.85
CY2013Q1 us-gaap Incremental Common Shares Attributable To Conversion Of Debt Securities
IncrementalCommonSharesAttributableToConversionOfDebtSecurities
8749239 shares
CY2013Q1 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.016 pure
CY2013Q1 us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
-28025000
CY2013Q1 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
414088 shares
CY2013Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
18031926 shares
CY2013Q1 us-gaap Incremental Common Shares Attributable To Conversion Of Preferred Stock
IncrementalCommonSharesAttributableToConversionOfPreferredStock
10610714 shares
CY2013Q1 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
26666950 shares
CY2013Q1 us-gaap Revenues
Revenues
113999000
CY2013Q1 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
62000
CY2013Q1 us-gaap Increase Decrease In Other Noncurrent Assets
IncreaseDecreaseInOtherNoncurrentAssets
2000
CY2013Q1 us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
-125000
CY2013Q1 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
732000
CY2013Q1 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-15287000
CY2013Q1 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
16560000
CY2013Q1 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
109000
CY2013Q1 us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
211000
CY2013Q1 us-gaap Operating Income Loss
OperatingIncomeLoss
-11367000
CY2013Q1 us-gaap Interest Paid
InterestPaid
3328000
CY2013Q1 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
-14322000
CY2013Q1 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
9771000
CY2013Q1 us-gaap Net Income Loss
NetIncomeLoss
-14544000
CY2013Q1 us-gaap Payments Of Dividends Preferred Stock And Preference Stock
PaymentsOfDividendsPreferredStockAndPreferenceStock
743000
CY2013Q1 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
1081000
CY2013Q1 us-gaap Increase Decrease In Accrued Liabilities And Other Operating Liabilities
IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities
-3659000
CY2013Q1 us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
173000
CY2013Q1 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
27627000
CY2013Q1 us-gaap Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
-570000
CY2013Q1 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
135000
CY2013Q1 us-gaap Share Based Compensation
ShareBasedCompensation
1097000
CY2013Q1 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
231000
CY2013Q1 us-gaap Depreciation And Amortization
DepreciationAndAmortization
1554000
CY2013Q1 us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
-46111000
CY2013Q1 us-gaap Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
-17516000
CY2013Q1 us-gaap Interest Expense
InterestExpense
3064000
CY2013Q1 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
-3417000
CY2013Q1 us-gaap Accretion Expense
AccretionExpense
1438000
CY2013Q1 us-gaap Shipping Handling And Transportation Costs
ShippingHandlingAndTransportationCosts
97739000
CY2013Q1 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
700000
CY2013Q1 us-gaap Increase Decrease In Income Taxes
IncreaseDecreaseInIncomeTaxes
-814000
CY2013Q1 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
800000
CY2013Q1 us-gaap Lease And Rental Expense
LeaseAndRentalExpense
900000
CY2013Q1 us-gaap Operating Expenses
OperatingExpenses
125366000
CY2013Q1 us-gaap Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
743000
CY2013Q1 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
222000
CY2013Q1 xpo Taxes And Duties Collected On Behalf Of Customer
TaxesAndDutiesCollectedOnBehalfOfCustomer
800000
CY2013Q1 xpo Incremental Common Shares Attributable To Exercise Of Stock Options
IncrementalCommonSharesAttributableToExerciseOfStockOptions
550611 shares
CY2013Q1 xpo Assumed Average Market Price Per Share Exercise Of Treasury Method
AssumedAverageMarketPricePerShareExerciseOfTreasuryMethod
17.15
CY2013Q1 xpo Business Acquisition Cost Of Acquired Entity Amount Of Purchase Price
BusinessAcquisitionCostOfAcquiredEntityAmountOfPurchasePrice
2573000
CY2013Q1 xpo Diluted Weighted Shares Outstanding
DilutedWeightedSharesOutstanding
44698876 shares
CY2014Q1 dei Trading Symbol
TradingSymbol
XPO
CY2014Q1 dei Entity Registrant Name
EntityRegistrantName
XPO Logistics, Inc.
CY2014Q1 dei Amendment Flag
AmendmentFlag
false
CY2014Q1 dei Entity Filer Category
EntityFilerCategory
Accelerated Filer
CY2014Q1 dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2014
CY2014Q1 dei Document Type
DocumentType
10-Q
CY2014Q1 dei Document Period End Date
DocumentPeriodEndDate
2014-03-31
CY2014Q1 dei Entity Central Index Key
EntityCentralIndexKey
0001166003
CY2014Q1 dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--12-31
CY2014Q1 dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
Q1
CY2014Q1 us-gaap Number Of Operating Segments
NumberOfOperatingSegments
5 Segment
CY2014Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Non Option Equity Instruments Granted
ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsGranted
598808 shares
CY2014Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.70
CY2014Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
41313000 shares
CY2014Q1 us-gaap Incremental Common Shares Attributable To Call Options And Warrants
IncrementalCommonSharesAttributableToCallOptionsAndWarrants
8004967 shares
CY2014Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Forfeitures Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeituresWeightedAverageGrantDateFairValue
CY2014Q1 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.35 pure
CY2014Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Non Option Equity Instruments Forfeitures
ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsForfeitures
shares
CY2014Q1 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Forfeitures In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsForfeituresInPeriodWeightedAverageExercisePrice
16.88
CY2014Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.70
CY2014Q1 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P6Y11M19D
CY2014Q1 us-gaap Incremental Common Shares Attributable To Conversion Of Debt Securities
IncrementalCommonSharesAttributableToConversionOfDebtSecurities
7741643 shares
CY2014Q1 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.105 pure
CY2014Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriodWeightedAverageGrantDateFairValue
29.41
CY2014Q1 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
28.89
CY2014Q1 us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
-8742000
CY2014Q1 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
565825 shares
CY2014Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
0.00 pure
CY2014Q1 us-gaap Lessee Leasing Arrangements Operating Leases Renewal Term
LesseeLeasingArrangementsOperatingLeasesRenewalTerm
P5Y
CY2014Q1 us-gaap Debt Instrument Description Of Variable Rate Basis
DebtInstrumentDescriptionOfVariableRateBasis
LIBOR rate plus a margin of 1.75% to 2.25%, or a base rate plus a margin of 0.75% to 1.25%.
CY2014Q1 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
3.60
CY2014Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
15000 shares
CY2014Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
18.72
CY2014Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
41312894 shares
CY2014Q1 us-gaap Number Of Reportable Segments
NumberOfReportableSegments
3 Segment
CY2014Q1 us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
37250 shares
CY2014Q1 us-gaap Incremental Common Shares Attributable To Conversion Of Preferred Stock
IncrementalCommonSharesAttributableToConversionOfPreferredStock
10503286 shares
CY2014Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Non Option Equity Instruments Exercised
ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsExercised
28017 shares
CY2014Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod
14000 shares
CY2014Q1 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
27345106 shares
CY2014Q1 us-gaap Use Of Estimates
UseOfEstimates
<div> <p style="MARGIN-BOTTOM: 0pt; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; MARGIN-TOP: 18pt"> <b><i>Use of Estimates</i></b></p> <p style="MARGIN-BOTTOM: 0pt; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; MARGIN-TOP: 6pt"> &#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;The Company prepares its unaudited condensed consolidated financial statements in conformity with accounting principles generally accepted in the United States of America. These principles require management to make estimates and assumptions that impact the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the condensed consolidated financial statements and the reported amounts of revenue and expense during the reporting period. The Company reviews its estimates on a regular basis and makes adjustments based on historical experience and existing and expected future conditions. Estimates are made with respect to, among other matters, accrued revenue, purchased transportation, recoverability of long-lived assets, estimated legal accruals, estimated restructuring accruals, valuation allowances for deferred taxes, reserve for uncertain tax positions, and allowance for doubtful accounts. These evaluations are performed and adjustments are made as information is available. Management believes that these estimates, which have been discussed with the audit committee of the Company&#x2019;s board of directors, are reasonable; however, actual results could differ from these estimates.</p> </div>
CY2014Q1 us-gaap Goodwill Period Increase Decrease
GoodwillPeriodIncreaseDecrease
175720000
CY2014Q1 us-gaap Revenues
Revenues
282403000
CY2014Q1 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
-114000
CY2014Q1 us-gaap Repayments Of Long Term Lines Of Credit
RepaymentsOfLongTermLinesOfCredit
75000000
CY2014Q1 us-gaap Increase Decrease In Other Noncurrent Assets
IncreaseDecreaseInOtherNoncurrentAssets
96000
CY2014Q1 us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
-246000
CY2014Q1 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
-1507000
CY2014Q1 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-28877000
CY2014Q1 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
190962000
CY2014Q1 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-15000
CY2014Q1 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation And Exercise Of Stock Options
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationAndExerciseOfStockOptions
2206000
CY2014Q1 us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
-2062000
CY2014Q1 us-gaap Operating Income Loss
OperatingIncomeLoss
-21361000
CY2014Q1 us-gaap Stock Issued During Period Value Acquisitions
StockIssuedDuringPeriodValueAcquisitions
108815000
CY2014Q1 us-gaap Interest Paid
InterestPaid
4287000
CY2014Q1 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
-31434000
CY2014Q1 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
56414000
CY2014Q1 us-gaap Net Income Loss
NetIncomeLoss
-28135000
CY2014Q1 us-gaap Payments Of Dividends Preferred Stock And Preference Stock
PaymentsOfDividendsPreferredStockAndPreferenceStock
742000
CY2014Q1 us-gaap Stock Issued During Period Value Conversion Of Convertible Securities
StockIssuedDuringPeriodValueConversionOfConvertibleSecurities
12687000
CY2014Q1 us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
413183000
CY2014Q1 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
3935000
CY2014Q1 us-gaap Restructuring Reserve Settled Without Cash1
RestructuringReserveSettledWithoutCash1
825000
CY2014Q1 us-gaap Other Restructuring Costs
OtherRestructuringCosts
CY2014Q1 us-gaap Communications And Information Technology
CommunicationsAndInformationTechnology
200000
CY2014Q1 us-gaap Increase Decrease In Accrued Liabilities And Other Operating Liabilities
IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities
10177000
CY2014Q1 us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
-417000
CY2014Q1 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
75878000
CY2014Q1 us-gaap Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
325755000
CY2014Q1 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-4529000
CY2014Q1 us-gaap Share Based Compensation
ShareBasedCompensation
2206000
CY2014Q1 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
2196000
CY2014Q1 us-gaap Depreciation And Amortization
DepreciationAndAmortization
11273000
CY2014Q1 us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
122362000
CY2014Q1 us-gaap Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
-194651000
CY2014Q1 us-gaap Interest Expense
InterestExpense
10058000
CY2014Q1 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
48676000
CY2014Q1 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
413183000
CY2014Q1 us-gaap Severance Costs1
SeveranceCosts1
3618000
CY2014Q1 us-gaap Accretion Expense
AccretionExpense
1430000
CY2014Q1 us-gaap Shipping Handling And Transportation Costs
ShippingHandlingAndTransportationCosts
224006000
CY2014Q1 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
4000000
CY2014Q1 us-gaap Increase Decrease In Income Taxes
IncreaseDecreaseInIncomeTaxes
2298000
CY2014Q1 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
7300000
CY2014Q1 us-gaap Direct Operating Costs
DirectOperatingCosts
3880000
CY2014Q1 us-gaap Restructuring Charges
RestructuringCharges
1951000
CY2014Q1 us-gaap Dividends Cash
DividendsCash
742000
CY2014Q1 us-gaap Lease And Rental Expense
LeaseAndRentalExpense
4600000
CY2014Q1 us-gaap Operating Expenses
OperatingExpenses
303764000
CY2014Q1 us-gaap Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
742000
CY2014Q1 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-3299000
CY2014Q1 xpo Convertible Debt Redemption Terms Redemption Price As Percent Of Principal Amount To Be Redeemed
ConvertibleDebtRedemptionTermsRedemptionPriceAsPercentOfPrincipalAmountToBeRedeemed
1.00 pure
CY2014Q1 xpo Convertible Debt Redemption Terms Common Stock Market Price As Percent Of Conversion Price
ConvertibleDebtRedemptionTermsCommonStockMarketPriceAsPercentOfConversionPrice
1.30 pure
CY2014Q1 xpo Revolving Credit Facility Interest Rate
RevolvingCreditFacilityInterestRate
0.0438 pure
CY2014Q1 xpo Taxes And Duties Collected On Behalf Of Customer
TaxesAndDutiesCollectedOnBehalfOfCustomer
1000000
CY2014Q1 xpo Convertible Debt Conversion Rate Principal Amount Increment
ConvertibleDebtConversionRatePrincipalAmountIncrement
1000
CY2014Q1 xpo Revolving Credit Facility Term
RevolvingCreditFacilityTerm
P60M
CY2014Q1 xpo Incremental Common Shares Attributable To Exercise Of Stock Options
IncrementalCommonSharesAttributableToExerciseOfStockOptions
529385 shares
CY2014Q1 xpo Assumed Average Market Price Per Share Exercise Of Treasury Method
AssumedAverageMarketPricePerShareExerciseOfTreasuryMethod
28.85
CY2014Q1 xpo Business Acquisition Cost Of Acquired Entity Amount Of Purchase Price
BusinessAcquisitionCostOfAcquiredEntityAmountOfPurchasePrice
108815000
CY2014Q1 xpo Convertible Debt Redemption Terms Make Whole Premium Payment Discount Rate
ConvertibleDebtRedemptionTermsMakeWholePremiumPaymentDiscountRate
0.045 pure
CY2014Q1 xpo Diluted Weighted Shares Outstanding
DilutedWeightedSharesOutstanding
68658000 shares
CY2014Q1 xpo Convertible Debt Conversion Rate Shares Per Principal Amount One
ConvertibleDebtConversionRateSharesPerPrincipalAmountOne
60.8467 shares
CY2014Q1 xpo Description Of Credit Losses Reimbursed To Freight Forwarding By Independently Owned Stations
DescriptionOfCreditLossesReimbursedToFreightForwardingByIndependentlyOwnedStations
70-80%
CY2014Q1 xpo Payment For Cash Held As Collateral In Lending Arrangement
PaymentForCashHeldAsCollateralInLendingArrangement
11269000
CY2014Q1 xpo Stock Issued During Period Value Stock Options Warrants And Other Exercised
StockIssuedDuringPeriodValueStockOptionsWarrantsAndOtherExercised
923000

Files In Submission

Name View Source Status
0001193125-14-180414-index-headers.html Edgar Link pending
0001193125-14-180414-index.html Edgar Link pending
0001193125-14-180414.txt Edgar Link pending
0001193125-14-180414-xbrl.zip Edgar Link pending
d708078d10q.htm Edgar Link pending
d708078dex105.htm Edgar Link pending
d708078dex311.htm Edgar Link pending
d708078dex312.htm Edgar Link pending
d708078dex321.htm Edgar Link pending
d708078dex322.htm Edgar Link pending
FilingSummary.xml Edgar Link unprocessable
Financial_Report.xls Edgar Link pending
Financial_Report.xlsx 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
R62.htm Edgar Link pending
R63.htm Edgar Link pending
R64.htm Edgar Link pending
R65.htm Edgar Link pending
R66.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
xpo-20140331.xml Edgar Link completed
xpo-20140331.xsd Edgar Link pending
xpo-20140331_cal.xml Edgar Link unprocessable
xpo-20140331_def.xml Edgar Link unprocessable
xpo-20140331_lab.xml Edgar Link unprocessable
xpo-20140331_pre.xml Edgar Link unprocessable