Knight Transportation, Inc. Financial Statements (2024 and earlier)

Company Profile

Business Address 5601 W BUCKEYE RD
PHOENIX, AZ 85043
State of Incorp. AZ
Fiscal Year End December 31
Industry (SIC) 4213 - Trucking, Except Local (benchmarking)
More info Complete Financial Analysis Financial Benchmarking

Balance Sheet (Statement of Financial Position) ($ in thousands)
Annual | Quarterly

6/30/2017
MRQ
12/31/2016
12/31/2015
12/31/2014
12/31/2013
12/31/2012
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments 8,0218,69146,18720,67814,769
Cash and cash equivalents 8,0218,69117,0669925,684
Short-term investments   29,12119,6869,085
Receivables 151,133174,560163,983117,165103,344
Prepaid expense 13,24417,32017,42315,026✕
Disposal group, including discontinued operation 9,63429,32723,248  
Other current assets 8,15914,21513,34511,066✕
Prepaid expense and other current assets✕✕✕✕✕29,484
Assets held-for-sale✕✕✕✕16,47618,362
Other undisclosed current assets   (25,934)(15,579)(2,862)
Total current assets: 190,191244,113238,252164,832163,097
Noncurrent Assets
Property, plant and equipment 802,858803,643752,046591,791584,064
Long-term investments and receivables 3,0473,4194,0654,0473,692
Accounts and financing receivable, after allowance for credit loss 3,0473,4194,0654,0473,692
Intangible assets, net (including goodwill) 49,60650,12550,64210,25710,276
Goodwill 47,03147,05047,06710,25710,276
Intangible assets, net (excluding goodwill) 2,5753,0753,575  
Disposal group, including discontinued operation, noncurrent assets   23,200✕✕
Other noncurrent assets 32,82318,93237,28036,194✕
Prepaid expense and other noncurrent assets✕✕✕✕✕21,383
Assets held-for-sale, long lived✕✕✕✕16,50018,400
Other undisclosed noncurrent assets   (23,200)(16,500)(18,400)
Total noncurrent assets: 888,334876,119844,033642,289619,415
TOTAL ASSETS: 1,078,5251,120,2321,082,285807,121782,512
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities 35,00036,77639,92633,15427,301
Interest and dividends payable 272349200  
Accounts payable 18,00614,81819,12214,35411,281
Accrued liabilities 16,72221,60920,60418,80016,020
Other undisclosed current liabilities 43,65043,24752,65929,64826,522
Total current liabilities: 78,65080,02392,58562,80253,823
Noncurrent Liabilities
Long-term debt and lease obligation 18,000112,000134,40038,00080,000
Long-term debt, excluding current maturities 18,000112,000134,40038,00080,000
Liabilities, other than long-term debt 191,290185,673173,512142,504144,871
Accounts payable and accrued liabilities 13,29011,50811,505  
Deferred tax liabilities, net 178,000174,165162,007142,504144,871
Other undisclosed noncurrent liabilities 1,8542,1642,51311,37512,978
Total noncurrent liabilities: 211,144299,837310,425191,879237,849
Total liabilities: 289,794379,860403,010254,681291,672
Equity
Equity, attributable to parent 786,473738,398677,760551,495490,232
Common stock 802810818802798
Additional paid in capital 223,267205,648185,184150,079142,837
Accumulated other comprehensive income (loss)  2,57312,2314,582(302)
Retained earnings 562,404529,367479,527396,032346,899
Equity, attributable to noncontrolling interest 2,2581,9741,515945608
Total equity: 788,731740,372679,275552,440490,840
TOTAL LIABILITIES AND EQUITY: 1,078,5251,120,2321,082,285807,121782,512

Income Statement (P&L) ($ in thousands)
Annual | Quarterly

6/30/2017
TTM
12/31/2016
12/31/2015
12/31/2014
12/31/2013
12/31/2012
Revenues 1,118,0341,182,9641,102,332969,237936,036
Revenue, net 1,118,0341,182,9641,102,332969,237936,036
Cost of revenue
(Cost of Goods and Services Sold)		 (31,200)(33,400)(598,261)(549,714)(523,969)
Gross profit: 1,086,8341,149,564504,071419,523412,067
Operating expenses (969,555)(1,004,964)(939,610)(855,328)(827,769)
Other undisclosed operating income 31,20033,400598,261549,714523,969
Operating income: 148,479178,000162,722113,909108,267
Nonoperating income 5,2489,5029,1082,7951,510
Investment income, nonoperating 309460458413417
Other nonoperating income 4,9399,0429,3802,8441,550
Interest and debt expense (897)(998)(730)(462)(457)
Other undisclosed income from continuing operations before equity method investments, income taxes   730462457
Income from continuing operations before income taxes: 152,830186,504171,830116,704109,777
Income tax expense (57,592)(68,047)(67,809)(46,680)(45,014)
Income from continuing operations: 95,238118,457104,02170,02464,763
Income before gain (loss) on sale of properties: 95,238118,457104,02170,02464,763
Net income: 95,238118,457104,02170,02464,763
Net loss attributable to noncontrolling interest (1,375)(1,739)(1,159)(742)(646)
Net income available to common stockholders, diluted: 93,863116,718102,86269,28264,117

Comprehensive Income ($ in thousands)
Annual | Quarterly

6/30/2017
TTM
12/31/2016
12/31/2015
12/31/2014
12/31/2013
12/31/2012
Net income: 95,238118,457104,02170,02464,763
Other comprehensive income (loss) (2,573)(9,658)7,6494,884146
Comprehensive income: 92,665108,799111,67074,90864,909
Comprehensive income (loss), net of tax, attributable to noncontrolling interest (1,375)(1,739)(1,159)742646
Other undisclosed comprehensive loss, net of tax, attributable to parent    (1,484)(1,292)
Comprehensive income, net of tax, attributable to parent: 91,290107,060110,51174,16664,263

Statements Sources

The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

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