10-Q Filing
Filing Information
| Form Type | 10-Q |
| Accession Number | 0000746515-17-000029 |
| Period End Date | 20170331 |
| Filing Date | 20170504 |
| Fiscal Year | 2017 |
| Fiscal Period | Q1 |
| XBRL Instance | expd-20170331.xml |
Filing Contents
This filing contains the following financial statements:
Balance Sheet
63 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Accounts receivable, allowance for doubtful accounts |
AllowanceForDoubtfulAccountsReceivableCurrent
|
$9.91M | USD | Point-in-time |
| Accounts receivable, allowance for doubtful accounts |
AllowanceForDoubtfulAccountsReceivableCurrent
|
$9.25M | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$974.43M | USD | Point-in-time |
| Property and equipment, accumulated depreciation |
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
|
$394.15M | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$1.01B | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$1.16B | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$807.80M | USD | Point-in-time |
| Property and equipment, accumulated depreciation |
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
|
$406.65M | USD | Point-in-time |
| Preferred stock, shares issued |
PreferredStockSharesIssued
|
0.00 | shares | Point-in-time |
| Preferred stock, shares issued |
PreferredStockSharesIssued
|
0.00 | shares | Point-in-time |
| Accounts receivable, less allowance for doubtful accounts of $9,911 at March 31, 2017 and $9,247 at December 31, 2016 |
AccountsReceivableNetCurrent
|
$1.13B | USD | Point-in-time |
| Accounts receivable, less allowance for doubtful accounts of $9,911 at March 31, 2017 and $9,247 at December 31, 2016 |
AccountsReceivableNetCurrent
|
$1.19B | USD | Point-in-time |
| Other |
PrepaidExpenseAndOtherAssetsCurrent
|
$119.27M | USD | Point-in-time |
| Common stock, par value |
CommonStockParOrStatedValuePerShare
|
$0.01 | USD | Point-in-time |
| Common stock, par value |
CommonStockParOrStatedValuePerShare
|
$0.01 | USD | Point-in-time |
| Other |
PrepaidExpenseAndOtherAssetsCurrent
|
$54.01M | USD | Point-in-time |
| Common stock, shares issued |
CommonStockSharesIssued
|
179.92M | shares | Point-in-time |
| Common stock, shares issued |
CommonStockSharesIssued
|
179.86M | shares | Point-in-time |
| Total current assets |
AssetsCurrent
|
$2.40B | USD | Point-in-time |
| Total current assets |
AssetsCurrent
|
$2.22B | USD | Point-in-time |
| Property and equipment, less accumulated depreciation and amortization of $394,154 at March 31, 2017 and $406,652 at December 31, 2016 |
PropertyPlantAndEquipmentNet
|
$536.57M | USD | Point-in-time |
| Common stock, shares outstanding |
CommonStockSharesOutstanding
|
179.86M | shares | Point-in-time |
| Common stock, shares outstanding |
CommonStockSharesOutstanding
|
179.92M | shares | Point-in-time |
| Property and equipment, less accumulated depreciation and amortization of $394,154 at March 31, 2017 and $406,652 at December 31, 2016 |
PropertyPlantAndEquipmentNet
|
$463.60M | USD | Point-in-time |
| Goodwill |
Goodwill
|
$7.93M | USD | Point-in-time |
| Goodwill |
Goodwill
|
$7.93M | USD | Point-in-time |
| Other assets, net |
PrepaidExpenseAndOtherAssetsNoncurrent
|
$29.39M | USD | Point-in-time |
| Other assets, net |
PrepaidExpenseAndOtherAssetsNoncurrent
|
$27.79M | USD | Point-in-time |
| Total assets |
Assets
|
$2.79B | USD | Point-in-time |
| Total assets |
Assets
|
$2.90B | USD | Point-in-time |
| Total assets |
Assets
|
$2.66B | USD | Point-in-time |
| Accounts payable |
AccountsPayableCurrent
|
$701.12M | USD | Point-in-time |
| Accounts payable |
AccountsPayableCurrent
|
$726.57M | USD | Point-in-time |
| Accrued expenses, primarily salaries and related costs |
AccruedLiabilitiesCurrent
|
$185.50M | USD | Point-in-time |
| Accrued expenses, primarily salaries and related costs |
AccruedLiabilitiesCurrent
|
$205.25M | USD | Point-in-time |
| Federal, state and foreign income taxes |
AccruedIncomeTaxesCurrent
|
$20.43M | USD | Point-in-time |
| Federal, state and foreign income taxes |
AccruedIncomeTaxesCurrent
|
$17.86M | USD | Point-in-time |
| Total current liabilities |
LiabilitiesCurrent
|
$929.93M | USD | Point-in-time |
| Total current liabilities |
LiabilitiesCurrent
|
$926.80M | USD | Point-in-time |
| Deferred Federal and state income taxes |
DeferredTaxLiabilitiesNoncurrent
|
$24.20M | USD | Point-in-time |
| Deferred Federal and state income taxes |
DeferredTaxLiabilitiesNoncurrent
|
$13.73M | USD | Point-in-time |
| Commitments and contingencies |
CommitmentsAndContingencies
|
- | USD | Point-in-time |
| Commitments and contingencies |
CommitmentsAndContingencies
|
- | USD | Point-in-time |
| Preferred stock, none issued |
PreferredStockValue
|
- | USD | Point-in-time |
| Preferred stock, none issued |
PreferredStockValue
|
- | USD | Point-in-time |
| Common stock, par value $0.01 per share. Issued and outstanding 179,924 shares at March 31, 2017 and 179,857 shares at December 31, 2016 |
CommonStockValue
|
$1.80M | USD | Point-in-time |
| Common stock, par value $0.01 per share. Issued and outstanding 179,924 shares at March 31, 2017 and 179,857 shares at December 31, 2016 |
CommonStockValue
|
$1.80M | USD | Point-in-time |
| Additional paid-in capital |
AdditionalPaidInCapital
|
$2.64M | USD | Point-in-time |
| Additional paid-in capital |
AdditionalPaidInCapital
|
$4.72M | USD | Point-in-time |
| Retained earnings |
RetainedEarningsAccumulatedDeficit
|
$2.04B | USD | Point-in-time |
| Retained earnings |
RetainedEarningsAccumulatedDeficit
|
$1.94B | USD | Point-in-time |
| Accumulated other comprehensive loss |
AccumulatedOtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentNetOfTax
|
$-95.68M | USD | Point-in-time |
| Accumulated other comprehensive loss |
AccumulatedOtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentNetOfTax
|
$-104.59M | USD | Point-in-time |
| Total shareholders equity |
StockholdersEquity
|
$1.95B | USD | Point-in-time |
| Total shareholders equity |
StockholdersEquity
|
$1.84B | USD | Point-in-time |
| Noncontrolling interest |
MinorityInterest
|
$2.58M | USD | Point-in-time |
| Noncontrolling interest |
MinorityInterest
|
$2.82M | USD | Point-in-time |
| Total equity |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$1.85B | USD | Point-in-time |
| Total equity |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$1.78B | USD | Point-in-time |
| Total equity |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$1.69B | USD | Point-in-time |
| Total equity |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$1.95B | USD | Point-in-time |
| Total liabilities and equity |
LiabilitiesAndStockholdersEquity
|
$2.90B | USD | Point-in-time |
| Total liabilities and equity |
LiabilitiesAndStockholdersEquity
|
$2.79B | USD | Point-in-time |
Income Statement
52 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Airfreight services |
AirfreightRevenue
|
$560.85M | USD | 1 Quarter |
| Airfreight services |
AirfreightRevenue
|
$615.54M | USD | 1 Quarter |
| Ocean freight and ocean services |
OceanFreightAndOceanServicesRevenue
|
$493.76M | USD | 1 Quarter |
| Ocean freight and ocean services |
OceanFreightAndOceanServicesRevenue
|
$454.19M | USD | 1 Quarter |
| Customs brokerage and other services |
CustomsBrokerageAndOtherServicesRevenue
|
$435.83M | USD | 1 Quarter |
| Customs brokerage and other services |
CustomsBrokerageAndOtherServicesRevenue
|
$403.43M | USD | 1 Quarter |
| Total revenues |
Revenues
|
$1.55B | USD | 1 Quarter |
| Total revenues |
Revenues
|
$1.42B | USD | 1 Quarter |
| Airfreight services |
CostOfAirfreightConsolidation
|
$388.78M | USD | 1 Quarter |
| Airfreight services |
CostOfAirfreightConsolidation
|
$443.40M | USD | 1 Quarter |
| Ocean freight and ocean services |
CostOfOceanFreightConsolidation
|
$323.02M | USD | 1 Quarter |
| Ocean freight and ocean services |
CostOfOceanFreightConsolidation
|
$366.06M | USD | 1 Quarter |
| Customs brokerage and other services |
CostOfCustomsBrokerageAndOtherServices
|
$208.06M | USD | 1 Quarter |
| Customs brokerage and other services |
CostOfCustomsBrokerageAndOtherServices
|
$189.61M | USD | 1 Quarter |
| Salaries and related costs |
LaborAndRelatedExpense
|
$283.36M | USD | 1 Quarter |
| Salaries and related costs |
LaborAndRelatedExpense
|
$292.58M | USD | 1 Quarter |
| Rent and occupancy costs |
OccupancyNet
|
$26.86M | USD | 1 Quarter |
| Rent and occupancy costs |
OccupancyNet
|
$28.13M | USD | 1 Quarter |
| Depreciation and amortization |
DepreciationDepletionAndAmortization
|
$11.33M | USD | 1 Quarter |
| Depreciation and amortization |
DepreciationDepletionAndAmortization
|
$11.93M | USD | 1 Quarter |
| Selling and promotion |
SellingAndMarketingExpense
|
$10.91M | USD | 1 Quarter |
| Selling and promotion |
SellingAndMarketingExpense
|
$9.43M | USD | 1 Quarter |
| Other |
OtherCostAndExpenseOperating
|
$34.27M | USD | 1 Quarter |
| Other |
OtherCostAndExpenseOperating
|
$37.94M | USD | 1 Quarter |
| Total operating expenses |
CostsAndExpenses
|
$1.40B | USD | 1 Quarter |
| Total operating expenses |
CostsAndExpenses
|
$1.27B | USD | 1 Quarter |
| Operating income |
OperatingIncomeLoss
|
$146.11M | USD | 1 Quarter |
| Operating income |
OperatingIncomeLoss
|
$151.83M | USD | 1 Quarter |
| Interest income |
InvestmentIncomeInterest
|
$2.74M | USD | 1 Quarter |
| Interest income |
InvestmentIncomeInterest
|
$2.78M | USD | 1 Quarter |
| Other, net |
OtherNonoperatingIncomeExpense
|
$879.00K | USD | 1 Quarter |
| Other, net |
OtherNonoperatingIncomeExpense
|
$298.00K | USD | 1 Quarter |
| Other income (expense), net |
NonoperatingIncomeExpense
|
$3.66M | USD | 1 Quarter |
| Other income (expense), net |
NonoperatingIncomeExpense
|
$3.04M | USD | 1 Quarter |
| Earnings before income taxes |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
|
$155.48M | USD | 1 Quarter |
| Earnings before income taxes |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
|
$149.15M | USD | 1 Quarter |
| Income tax expense |
IncomeTaxExpenseBenefit
|
$58.44M | USD | 1 Quarter |
| Income tax expense |
IncomeTaxExpenseBenefit
|
$55.59M | USD | 1 Quarter |
| Net earnings |
ProfitLoss
|
$97.05M | USD | 1 Quarter |
| Net earnings |
ProfitLoss
|
$93.57M | USD | 1 Quarter |
| Less net earnings attributable to the noncontrolling interest |
NetIncomeLossAttributableToNoncontrollingInterest
|
$303.00K | USD | 1 Quarter |
| Less net earnings attributable to the noncontrolling interest |
NetIncomeLossAttributableToNoncontrollingInterest
|
$463.00K | USD | 1 Quarter |
| Net earnings attributable to shareholders |
NetIncomeLoss
|
$93.26M | USD | 1 Quarter |
| Net earnings attributable to shareholders |
NetIncomeLoss
|
$96.58M | USD | 1 Quarter |
| Diluted earnings attributable to shareholders per share |
EarningsPerShareDiluted
|
$0.51 | USD | 1 Quarter |
| Diluted earnings attributable to shareholders per share |
EarningsPerShareDiluted
|
$0.53 | USD | 1 Quarter |
| Basic earnings attributable to shareholders per share |
EarningsPerShareBasic
|
$0.53 | USD | 1 Quarter |
| Basic earnings attributable to shareholders per share |
EarningsPerShareBasic
|
$0.52 | USD | 1 Quarter |
| Weighted average diluted shares outstanding |
WeightedAverageNumberOfDilutedSharesOutstanding
|
183.02M | shares | 1 Quarter |
| Weighted average diluted shares outstanding |
WeightedAverageNumberOfDilutedSharesOutstanding
|
182.09M | shares | 1 Quarter |
| Weighted average basic shares outstanding |
WeightedAverageNumberOfSharesOutstandingBasic
|
180.06M | shares | 1 Quarter |
| Weighted average basic shares outstanding |
WeightedAverageNumberOfSharesOutstandingBasic
|
182.01M | shares | 1 Quarter |
Cash Flow Statement
48 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Net earnings |
ProfitLoss
|
$97.05M | USD | 1 Quarter |
| Net earnings |
ProfitLoss
|
$93.57M | USD | 1 Quarter |
| Provision for losses on accounts receivable |
ProvisionForDoubtfulAccounts
|
$578.00K | USD | 1 Quarter |
| Provision for losses on accounts receivable |
ProvisionForDoubtfulAccounts
|
$931.00K | USD | 1 Quarter |
| Deferred income tax expense |
DeferredIncomeTaxExpenseBenefit
|
$9.90M | USD | 1 Quarter |
| Deferred income tax expense |
DeferredIncomeTaxExpenseBenefit
|
$5.59M | USD | 1 Quarter |
| Stock compensation expense |
ShareBasedCompensation
|
$10.83M | USD | 1 Quarter |
| Stock compensation expense |
ShareBasedCompensation
|
$10.62M | USD | 1 Quarter |
| Depreciation and amortization |
DepreciationDepletionAndAmortization
|
$11.33M | USD | 1 Quarter |
| Depreciation and amortization |
DepreciationDepletionAndAmortization
|
$11.93M | USD | 1 Quarter |
| Other, net |
OtherNoncashIncomeExpense
|
$-36.00K | USD | 1 Quarter |
| Other, net |
OtherNoncashIncomeExpense
|
$351.00K | USD | 1 Quarter |
| Decrease in accounts receivable |
IncreaseDecreaseInAccountsAndOtherReceivables
|
$-112.71M | USD | 1 Quarter |
| Decrease in accounts receivable |
IncreaseDecreaseInAccountsAndOtherReceivables
|
$-75.45M | USD | 1 Quarter |
| Decrease in accounts payable and accrued expenses |
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
$-18.32M | USD | 1 Quarter |
| Decrease in accounts payable and accrued expenses |
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
$-15.34M | USD | 1 Quarter |
| Increase in income taxes payable, net |
IncreaseDecreaseInIncomeTaxesPayableNetOfIncomeTaxesReceivable
|
$19.82M | USD | 1 Quarter |
| Increase in income taxes payable, net |
IncreaseDecreaseInIncomeTaxesPayableNetOfIncomeTaxesReceivable
|
$10.93M | USD | 1 Quarter |
| Increase in other current assets |
IncreaseDecreaseInOtherOperatingAssets
|
$2.06M | USD | 1 Quarter |
| Increase in other current assets |
IncreaseDecreaseInOtherOperatingAssets
|
$3.56M | USD | 1 Quarter |
| Net cash from operating activities |
NetCashProvidedByUsedInOperatingActivities
|
$235.95M | USD | 1 Quarter |
| Net cash from operating activities |
NetCashProvidedByUsedInOperatingActivities
|
$195.68M | USD | 1 Quarter |
| Purchase of property and equipment |
PaymentsToAcquireProductiveAssets
|
$12.76M | USD | 1 Quarter |
| Purchase of property and equipment |
PaymentsToAcquireProductiveAssets
|
$14.04M | USD | 1 Quarter |
| Other, net |
PaymentsForProceedsFromOtherInvestingActivities
|
$559.00K | USD | 1 Quarter |
| Other, net |
PaymentsForProceedsFromOtherInvestingActivities
|
$671.00K | USD | 1 Quarter |
| Net cash from investing activities |
NetCashProvidedByUsedInInvestingActivities
|
$-14.59M | USD | 1 Quarter |
| Net cash from investing activities |
NetCashProvidedByUsedInInvestingActivities
|
$-13.43M | USD | 1 Quarter |
| Proceeds from issuance of common stock |
ProceedsFromStockPlans
|
$41.63M | USD | 1 Quarter |
| Proceeds from issuance of common stock |
ProceedsFromStockPlans
|
$45.37M | USD | 1 Quarter |
| Repurchases of common stock |
PaymentsForRepurchaseOfCommonStock
|
$53.91M | USD | 1 Quarter |
| Repurchases of common stock |
PaymentsForRepurchaseOfCommonStock
|
$70.29M | USD | 1 Quarter |
| Net cash from financing activities |
NetCashProvidedByUsedInFinancingActivities
|
$-8.54M | USD | 1 Quarter |
| Net cash from financing activities |
NetCashProvidedByUsedInFinancingActivities
|
$-28.66M | USD | 1 Quarter |
| Effect of exchange rate changes on cash and cash equivalents |
EffectOfExchangeRateOnCashAndCashEquivalents
|
$7.90M | USD | 1 Quarter |
| Effect of exchange rate changes on cash and cash equivalents |
EffectOfExchangeRateOnCashAndCashEquivalents
|
$13.42M | USD | 1 Quarter |
| Increase in cash and cash equivalents |
CashAndCashEquivalentsPeriodIncreaseDecrease
|
$181.61M | USD | 1 Quarter |
| Increase in cash and cash equivalents |
CashAndCashEquivalentsPeriodIncreaseDecrease
|
$206.12M | USD | 1 Quarter |
| Cash and cash equivalents at beginning of period |
CashAndCashEquivalentsAtCarryingValue
|
$974.43M | USD | Point-in-time |
| Cash and cash equivalents at beginning of period |
CashAndCashEquivalentsAtCarryingValue
|
$1.01B | USD | Point-in-time |
| Cash and cash equivalents at beginning of period |
CashAndCashEquivalentsAtCarryingValue
|
$1.16B | USD | Point-in-time |
| Cash and cash equivalents at beginning of period |
CashAndCashEquivalentsAtCarryingValue
|
$807.80M | USD | Point-in-time |
| Cash and cash equivalents at end of period |
CashAndCashEquivalentsAtCarryingValue
|
$974.43M | USD | Point-in-time |
| Cash and cash equivalents at end of period |
CashAndCashEquivalentsAtCarryingValue
|
$1.01B | USD | Point-in-time |
| Cash and cash equivalents at end of period |
CashAndCashEquivalentsAtCarryingValue
|
$1.16B | USD | Point-in-time |
| Cash and cash equivalents at end of period |
CashAndCashEquivalentsAtCarryingValue
|
$807.80M | USD | Point-in-time |
| Income taxes |
IncomeTaxesPaidNet
|
$29.15M | USD | 1 Quarter |
| Income taxes |
IncomeTaxesPaidNet
|
$37.98M | USD | 1 Quarter |
Comprehensive Income
14 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Foreign currency translation adjustments, tax |
OtherComprehensiveIncomeForeignCurrencyTranslationGainLossArisingDuringPeriodTax
|
$5.19M | USD | 1 Quarter |
| Net earnings |
ProfitLoss
|
$97.05M | USD | 1 Quarter |
| Foreign currency translation adjustments, tax |
OtherComprehensiveIncomeForeignCurrencyTranslationGainLossArisingDuringPeriodTax
|
$4.88M | USD | 1 Quarter |
| Net earnings |
ProfitLoss
|
$93.57M | USD | 1 Quarter |
| Foreign currency translation adjustments, net of tax of $4,876 and $5,187 for the three months ended March 31, 2017 and 2016 |
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax
|
$8.86M | USD | 1 Quarter |
| Foreign currency translation adjustments, net of tax of $4,876 and $5,187 for the three months ended March 31, 2017 and 2016 |
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax
|
$9.58M | USD | 1 Quarter |
| Other comprehensive income |
OtherComprehensiveIncomeLossNetOfTax
|
$9.58M | USD | 1 Quarter |
| Other comprehensive income |
OtherComprehensiveIncomeLossNetOfTax
|
$8.86M | USD | 1 Quarter |
| Comprehensive income |
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
|
$102.43M | USD | 1 Quarter |
| Comprehensive income |
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
|
$106.63M | USD | 1 Quarter |
| Less comprehensive income attributable to the noncontrolling interest |
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
|
$249.00K | USD | 1 Quarter |
| Less comprehensive income attributable to the noncontrolling interest |
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
|
$577.00K | USD | 1 Quarter |
| Comprehensive income attributable to shareholders |
ComprehensiveIncomeNetOfTax
|
$106.05M | USD | 1 Quarter |
| Comprehensive income attributable to shareholders |
ComprehensiveIncomeNetOfTax
|
$102.18M | USD | 1 Quarter |
Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.