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Condensed Consolidated Statements of Comprehensive Income (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Total revenue $ 1,822,467 $ 1,636,932
Operating expenses:    
Salaries, wages, and benefits 692,907 536,742
Fuel 234,589 187,759
Operations and maintenance 134,633 99,311
Insurance and claims 122,446 138,039
Operating taxes and licenses 31,329 25,890
Communications 7,533 5,749
Depreciation and amortization of property and equipment 181,865 155,966
Amortization of intangibles 18,543 16,183
Rental expense 42,996 15,068
Purchased transportation 277,257 280,729
Impairments 3,982 0
Miscellaneous operating expenses 53,832 30,709
Total operating expenses 1,801,912 1,492,145
Operating income 20,555 144,787
Other (expenses) income:    
Interest income 5,022 5,049
Interest expense (41,236) (23,091)
Other income, net 8,992 9,703
Total other (expenses) income, net (27,222) (8,339)
(Loss) Income before income taxes (6,667) 136,448
Income tax (benefit) expense (3,674) 32,735
Net (loss) income (2,993) 103,713
Net loss attributable to noncontrolling interest 358 571
Net (loss) income attributable to Knight-Swift (2,635) 104,284
Other comprehensive (loss) income (38) 1,090
Comprehensive (loss) income $ (2,673) $ 105,374
(Loss) Earnings per share:    
Basic (in dollars per share) $ (0.02) $ 0.65
Diluted (in dollars per share) (0.02) 0.64
Dividends declared per share: (in dollars per share) $ 0.16 $ 0.14
Weighted average shares outstanding:    
Basic (in shares) 161,511 160,915
Diluted (in shares) 162,086 161,900
Revenue, excluding truckload and LTL fuel surcharge    
Total revenue $ 1,612,814 $ 1,450,293
Truckload and LTL fuel surcharge    
Total revenue $ 209,653 $ 186,639