v3.25.4
Operations and Summary of Significant Accounting Policies - Net Income per Share (Details) - USD ($)
$ / shares in Units, shares in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Numerator:      
Net (loss) income $ (141,725) $ (1,131,228) $ 167,351
Less, net (loss) income from continuing operations attributable to noncontrolling interest (33,929) (314,259) 0
Less, (loss) income from discontinued operations net of tax 0 (6,387) 124,548
Adjustments to net (loss) income attributable to the Company 0 26,552 0
Net (loss) income attributable to Forward Air (107,796) (837,134) 42,803
(Loss) income allocated to participating securities from continuing operations 0 0 (220)
(Loss) income allocated to participating securities from discontinued operations 0 0 (639)
(Loss) income allocated to participating securities 0 0 (859)
Numerator for basic net (loss) income per share for continuing operations (107,796) (837,134) 42,583
Numerator for diluted net (loss) income per share for discontinued operations (107,796) (837,134) 42,583
Numerator for basic net (loss) income per share for discontinued operations 0 (6,387) 123,909
Numerator for diluted net (loss) income per share for discontinued operations $ 0 $ (6,387) $ 123,909
Denominator:      
Denominator for basic net (loss) income per share - weighted-average number of common shares outstanding (in shares) 30,718 27,540 25,913
Dilutive effect of stock awards (in shares) 0 0 90
Denominator for diluted net (loss) income per share - weighted-average number of common shares and common share equivalents outstanding (in shares) 30,718 27,540 26,003
Basic net (loss) income per share:      
Continuing operations (in dollars per share) $ (3.51) $ (30.40) $ 1.64
Discontinued operations (in dollars per share) 0 (0.23) 4.78
Net (loss) income per basic share (in dollars per share) (3.51) (30.63) 6.42
Diluted net (loss) income per share:      
Continuing operations (in dollars per share) (3.51) (30.40) 1.64
Discontinued operations (in dollars per share) 0 (0.23) 4.77
Net (loss) income per diluted share (in dollars per share) [1] $ (3.51) $ (30.63) $ 6.40
[1] Rounding may impact summation of amounts.