Knight Transportation, Inc. (KNX) financial statements (2020 and earlier)

Company profile

Business Address 2200 SOUTH 75TH AVENUE
PHOENIX, AZ 85043
State of Incorp.
Fiscal Year End December 31
SIC 4213 - Trucking, Except Local (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in millions)
Annual | Quarterly

12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
12/31/2013
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments16882778910810559
Cash and cash equivalents16082778910810559
Short-term investments9      
Restricted cash and investments414774575570 
Receivables540628634416444507426
Prepaid expense626759    
Disposal group, including discontinued operation424025793 
Assets held-for-sale✕✕✕✕✕✕19
Income taxes receivable✕✕✕✕✕✕24
Other current assets2830    180
Other undisclosed current assets91355869011626
Total current assets:890907923656706800734
Noncurrent Assets
Operating lease, right-of-use asset169✕✕✕✕✕✕
Property, plant and equipment2,8512,6132,3841,5491,6511,5421,448
Long-term investments and receivables  11    
Accounts and financing receivable, after allowance for credit loss  11    
Intangible assets, net (including goodwill)4,2984,3404,329520536553570
Goodwill2,9192,9192,888253253253253
Intangible assets, net (excluding goodwill)1,3791,4211,441266283300317
Other noncurrent assets73523622294257
Total noncurrent assets:7,3927,0056,7602,0902,2172,1372,075
TOTAL ASSETS:8,2827,9127,6832,7462,9222,9382,809
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities345338365248219318239
Accounts payable99118120115122160118
Accrued liabilities17515218613397100111
Employee-related liabilities716858  50 
Taxes payable     710
Interest and dividends payable  0    
Debt378594981957475
Derivative instruments and hedges, liabilities     65
Self insurance reserve    848175
Deferred revenue and credits✕✕   20
Deferred tax liabilities✕    22
Other liabilities      309
Other undisclosed current liabilities27021819681 (61)(322)
Total current liabilities:993615610410399422384
Noncurrent Liabilities
Long-term debt and lease obligation, including:4334364926558678721,247
Long-term debt, excluding current maturities2793653654936458721,139
Finance lease, liability57✕✕✕✕✕✕
Capital lease obligations✕71127161222158108
Operating lease, liability96✕✕✕✕✕✕
Other undisclosed long-term debt and lease obligation     (158) 
Liabilities, other than long-term debt983225233172150624613
Accounts payable and accrued liabilities197201206166   
Deferred tax liabilities, net✕    481484
Deferred income tax liabilities772✕✕✕✕✕✕
Other liabilities1423266103
Self insurance reserve    149144119
Derivative instruments and hedges, liabilities      7
Other undisclosed noncurrent liabilities2051,1741,109837889549281
Total noncurrent liabilities:1,6201,8351,8341,6641,9062,0452,141
Total liabilities:2,6132,4492,4432,0732,3052,4672,525
Stockholders' equity
Stockholders' equity attributable to parent, including:5,6665,4615,238671616469282
Additional paid in capital4,2694,2424,219701755781759
Accumulated other comprehensive income (loss)    0(2)(6)
Retained earnings (accumulated deficit)1,3951,2171,017(30)(139)(310)(471)
Other undisclosed stockholders' equity attributable to parent222    
Stockholders' equity attributable to noncontrolling interest2230000
Other undisclosed stockholders' equity   1111
Total stockholders' equity:5,6685,4635,240672617470284
TOTAL LIABILITIES AND EQUITY:8,2827,9127,6832,7462,9222,9382,809

Income statement (P&L) ($ in millions)
Annual | Quarterly

12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
12/31/2013
Revenues4,8445,3442,4254,0324,2294,2994,118
Revenue, net✕✕2,4254,0324,229  
Cost of revenue
(Cost of Goods and Services Sold)		(88)(215)(41)(75)(417)(1,044)(856)
Gross profit:4,7555,1292,3853,9573,8133,2553,262
Operating expenses(4,417)(4,775)(2,225)(3,790)(3,859)(3,929)(3,761)
Other undisclosed operating income8821541754171,044856
Operating income:427569201242370370357
Nonoperating income (expense)(13)(17)(7)(27)(53)78
Investment income, nonoperating4313332
Other nonoperating income121014446
Interest and debt expense(29)(30)(9)(31)(10)(92)(105)
Other undisclosed income (loss) from continuing operations before equity method investments, income taxes293093110(34)(4)
Income from continuing operations before equity method investments, income taxes:414552194215317251256
Loss from equity method investments      (1)
Income from continuing operations before income taxes:414552194215317251256
Income tax expense (benefit)(104)(131)292(66)(119)(89)(101)
Net income:310421485149198161155
Net loss attributable to noncontrolling interest(1)(1)(1)    
Other undisclosed net income attributable to parent      1
Net income available to common stockholders, diluted:309419484149198161155

Comprehensive Income ($ in millions)
Annual | Quarterly

12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
12/31/2013
Net income:310421485149198161155
Other comprehensive income (loss)   (0)242
Comprehensive income:310421485149200165157
Comprehensive loss, net of tax, attributable to noncontrolling interest(1)(1)(1)    
Other undisclosed comprehensive income, net of tax, attributable to parent 11   1
Comprehensive income, net of tax, attributable to parent:309421485149200165157

Statements sources

The financial statements are based on the company's filings with the 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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