v3.25.2
Condensed Consolidated Statement Of Stockholders' Equity (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
Total
Additional Paid-in Capital [Member]
Retained Earnings [Member]
AOCI Attributable to Parent
Total Knight-Swift Equity [Member]
Noncontrolling Interest [Member]
Common Class A [Member]
Common Class A [Member]
Common Stock
Beginning balance, shares at Dec. 31, 2023             161,385  
Beginning balance, value at Dec. 31, 2023 $ 7,104,081 $ 4,426,852 $ 2,659,755 $ (830) $ 7,087,390 $ 16,691   $ 1,613
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Common stock issued to employees (Shares)             393  
Common stock issued to employees 4 0     4     4
Common stock issued under ESPP (Shares)             34  
Common stock issued under ESPP 1,898 1,897     1,898     1
Shares withheld – RSU settlement (11,651)   (11,651)   (11,651)      
Employee stock-based compensation expense $ 10,581 10,581     10,581      
Dividends declared per share: (in dollars per share) $ 0.32              
Cash dividends paid and dividends accrued $ (52,085)   (52,085)   (52,085)      
Net income (loss) 17,665   17,665   17,665      
Net loss attributable to noncontrolling interest (765)         (765)    
Net income 16,900              
Other comprehensive income 3     3 3      
Investment in noncontrolling interest 1,473              
Distribution to noncontrolling interest (2,057) (1,047)       (1,010)    
Ending balance, shares at Jun. 30, 2024             161,836  
Ending balance, value at Jun. 30, 2024 7,070,353 4,439,489 2,613,684 (827) 7,053,964 16,389   1,618
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Common stock issued to the Board (Shares)             24  
Common stock issued to the Board 1,206 1,206     1,206     0
Beginning balance, shares at Mar. 31, 2024             161,593  
Beginning balance, value at Mar. 31, 2024 7,072,222 4,430,736 2,624,666 (868) 7,056,150 16,072   1,616
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Common stock issued to employees (Shares)             202  
Common stock issued to employees 2 0     2     2
Common stock issued under ESPP (Shares)             17  
Common stock issued under ESPP 945 945     945    
Shares withheld – RSU settlement (5,216)   (5,216)   (5,216)      
Employee stock-based compensation expense $ 6,600 6,600     6,600      
Dividends declared per share: (in dollars per share) $ 0.16              
Cash dividends paid and dividends accrued $ (26,066)   (26,066)   (26,066)      
Net income (loss) 20,300   20,300   20,300      
Net loss attributable to noncontrolling interest (407)         (407)    
Net income 19,893              
Other comprehensive income 41     41 41      
Investment in noncontrolling interest 743              
Distribution to noncontrolling interest (19)         (19)    
Ending balance, shares at Jun. 30, 2024             161,836  
Ending balance, value at Jun. 30, 2024 7,070,353 4,439,489 2,613,684 (827) 7,053,964 16,389   1,618
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Common stock issued to the Board (Shares)             24  
Common stock issued to the Board $ 1,208 1,208     1,208     0
Beginning balance, shares at Dec. 31, 2024 161,896           161,896  
Beginning balance, value at Dec. 31, 2024 $ 7,116,805 4,446,726 2,661,064 (442) 7,108,967 7,838   1,619
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Common stock issued to employees (Shares)             306  
Common stock issued to employees 0 (4)     0     4
Common stock issued under ESPP (Shares)             47  
Common stock issued under ESPP 2,138 2,138     2,138     0
Shares withheld – RSU settlement (8,197)   (8,197)   (8,197)      
Employee stock-based compensation expense $ 14,073 14,073     14,073      
Dividends declared per share: (in dollars per share) $ 0.36              
Cash dividends paid and dividends accrued $ (58,812)   (58,812)   (58,812)      
Net income (loss) 64,882   64,882   64,882      
Net loss attributable to noncontrolling interest (722)         (722)    
Net income 64,160              
Other comprehensive income 354     354 354      
Investment in noncontrolling interest 1,326         1,326    
Distribution to noncontrolling interest $ (200)       0 (200)    
Ending balance, shares at Jun. 30, 2025 162,277           162,277  
Ending balance, value at Jun. 30, 2025 $ 7,132,918 4,464,204 2,658,937 (88) 7,124,676 8,242   1,623
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Common stock issued to the Board (Shares)             28  
Common stock issued to the Board 1,271 1,271     1,271     0
Beginning balance, shares at Mar. 31, 2025             162,024  
Beginning balance, value at Mar. 31, 2025 7,122,805 4,454,631 2,658,598 21 7,114,870 7,935   1,620
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Common stock issued to employees (Shares)             199  
Common stock issued to employees 0 (3)     0     3
Common stock issued under ESPP (Shares)             26  
Common stock issued under ESPP 1,072 1,072     1,072     0
Shares withheld – RSU settlement (4,465)   (4,465)   (4,465)      
Employee stock-based compensation expense $ 7,233 7,233     7,233      
Dividends declared per share: (in dollars per share) $ 0.18              
Cash dividends paid and dividends accrued $ (29,439)   (29,439)   (29,439)      
Net income (loss) 34,243   34,243   34,243      
Net loss attributable to noncontrolling interest (312)         (312)    
Net income 33,931              
Other comprehensive income (109)     (109) (109)      
Investment in noncontrolling interest $ 619         619    
Ending balance, shares at Jun. 30, 2025 162,277           162,277  
Ending balance, value at Jun. 30, 2025 $ 7,132,918 4,464,204 $ 2,658,937 $ (88) 7,124,676 $ 8,242   1,623
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Common stock issued to the Board (Shares)             28  
Common stock issued to the Board $ 1,271 $ 1,271     $ 1,271     $ 0