v3.25.1
Weighted Average Shares Outstanding
3 Months Ended
Mar. 31, 2025
Earnings Per Share [Abstract]  
Weighted Average Shares Outstanding Weighted Average Shares Outstanding
Earnings per share, basic and diluted, as presented in the condensed consolidated statements of comprehensive income, are calculated by dividing net income attributable to Knight-Swift by the respective weighted average common shares outstanding during the period.
The following table reconciles basic weighted average shares outstanding to diluted weighted average shares outstanding:
Quarter Ended March 31,
 20252024
(In thousands)
Basic weighted average common shares outstanding161,974 161,511 
Dilutive effect of equity awards483 575 
Diluted weighted average common shares outstanding162,457 162,086 
Anti-dilutive shares excluded from earnings per diluted share 1
331 41 
1    Shares were excluded from the dilutive-effect calculation because the outstanding awards' exercise prices were greater than the average market price of the Company's common stock for the periods presented.