10-Q Filing

LANDSTAR SYSTEM INC CIK: 853816 Q2 2012

Filing Information

Form Type	10-Q
Accession Number	`0001193125-12-333948`
Period End Date	20120630
Filing Date	20120803
Fiscal Year	2012
Fiscal Period	Q2
XBRL Instance	lstr-20120630.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 69 Income Statement 81 Cash Flow Statement 70 Stockholders Equity 24 Comprehensive Income 24

Balance Sheet 69 line items

Line Item	Tag	Value	Unit	Period
Allowance on trade accounts receivable	`AllowanceForDoubtfulAccountsReceivableCurrent`	$7.38M	USD	Point-in-time
Allowance on trade accounts receivable	`AllowanceForDoubtfulAccountsReceivableCurrent`	$6.59M	USD	Point-in-time
Allowance on other receivables	`AllowanceForDoubtfulAccountsPremiumsAndOtherReceivables`	$5.38M	USD	Point-in-time
Allowance on other receivables	`AllowanceForDoubtfulAccountsPremiumsAndOtherReceivables`	$4.73M	USD	Point-in-time
Accumulated depreciation and amortization on operating property	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$150.69M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$39.54M	USD	Point-in-time
Accumulated depreciation and amortization on operating property	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$145.80M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$80.90M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$64.39M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$44.71M	USD	Point-in-time
Common stock, par value	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Short-term investments	`ShortTermInvestments`	$36.60M	USD	Point-in-time
Common stock, par value	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Short-term investments	`ShortTermInvestments`	$27.94M	USD	Point-in-time
Common stock, authorized shares	`CommonStockSharesAuthorized`	160.00M	shares	Point-in-time
Trade accounts receivable, less allowance of $7,379 and $6,591	`ReceivablesNetCurrent`	$423.06M	USD	Point-in-time
Trade accounts receivable, less allowance of $7,379 and $6,591	`ReceivablesNetCurrent`	$368.38M	USD	Point-in-time
Common stock, authorized shares	`CommonStockSharesAuthorized`	160.00M	shares	Point-in-time
Other receivables, including advances to independent contractors, less allowance of $4,727 and $5,384	`OtherReceivables`	$53.26M	USD	Point-in-time
Other receivables, including advances to independent contractors, less allowance of $4,727 and $5,384	`OtherReceivables`	$54.94M	USD	Point-in-time
Common stock, issued shares	`CommonStockSharesIssued`	66.85M	shares	Point-in-time
Common stock, issued shares	`CommonStockSharesIssued`	66.60M	shares	Point-in-time
Deferred income taxes and other current assets	`OtherAssetsCurrent`	$23.09M	USD	Point-in-time
Treasury stock, shares	`TreasuryStockShares`	20.20M	shares	Point-in-time
Deferred income taxes and other current assets	`OtherAssetsCurrent`	$21.31M	USD	Point-in-time
Treasury stock, shares	`TreasuryStockShares`	19.88M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$602.08M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$551.79M	USD	Point-in-time
Operating property, less accumulated depreciation and amortization of $150,687 and $145,804	`PropertyPlantAndEquipmentNet`	$152.06M	USD	Point-in-time
Operating property, less accumulated depreciation and amortization of $150,687 and $145,804	`PropertyPlantAndEquipmentNet`	$142.15M	USD	Point-in-time
Goodwill	`Goodwill`	$57.47M	USD	Point-in-time
Goodwill	`Goodwill`	$57.47M	USD	Point-in-time
Goodwill	`Goodwill`	$57.47M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$71.69M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$57.04M	USD	Point-in-time
Total assets	`Assets`	$883.30M	USD	Point-in-time
Total assets	`Assets`	$808.45M	USD	Point-in-time
Cash overdraft	`BankOverdrafts`	$25.91M	USD	Point-in-time
Cash overdraft	`BankOverdrafts`	$24.07M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$203.92M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$163.31M	USD	Point-in-time
Current maturities of long-term debt	`LongTermDebtAndCapitalLeaseObligationsCurrent`	$17.21M	USD	Point-in-time
Current maturities of long-term debt	`LongTermDebtAndCapitalLeaseObligationsCurrent`	$16.94M	USD	Point-in-time
Insurance claims	`SelfInsuranceReserveCurrent`	$76.62M	USD	Point-in-time
Insurance claims	`SelfInsuranceReserveCurrent`	$69.16M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$48.06M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$46.98M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$331.11M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$361.07M	USD	Point-in-time
Long-term debt, excluding current maturities	`LongTermDebtAndCapitalLeaseObligations`	$115.13M	USD	Point-in-time
Long-term debt, excluding current maturities	`LongTermDebtAndCapitalLeaseObligations`	$108.62M	USD	Point-in-time
Insurance claims	`SelfInsuranceReserveNoncurrent`	$25.30M	USD	Point-in-time
Insurance claims	`SelfInsuranceReserveNoncurrent`	$27.49M	USD	Point-in-time
Deferred income taxes and other noncurrent liabilities	`OtherLiabilitiesNoncurrent`	$40.56M	USD	Point-in-time
Deferred income taxes and other noncurrent liabilities	`OtherLiabilitiesNoncurrent`	$34.13M	USD	Point-in-time
Common stock, $0.01 par value, authorized 160,000,000 shares, issued 66,851,672 and 66,602,486 shares	`CommonStockValue`	$666.00K	USD	Point-in-time
Common stock, $0.01 par value, authorized 160,000,000 shares, issued 66,851,672 and 66,602,486 shares	`CommonStockValue`	$669.00K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$165.71M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$170.92M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$947.16M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$1.00B	USD	Point-in-time
Cost of 20,202,662 and 19,882,289 shares of common stock in treasury	`TreasuryStockValue`	$813.68M	USD	Point-in-time
Cost of 20,202,662 and 19,882,289 shares of common stock in treasury	`TreasuryStockValue`	$829.44M	USD	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$911.00K	USD	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$727.00K	USD	Point-in-time
Total shareholders' equity	`StockholdersEquity`	$347.76M	USD	Point-in-time
Total shareholders' equity	`StockholdersEquity`	$300.58M	USD	Point-in-time
Total liabilities and shareholders' equity	`LiabilitiesAndStockholdersEquity`	$883.30M	USD	Point-in-time
Total liabilities and shareholders' equity	`LiabilitiesAndStockholdersEquity`	$808.45M	USD	Point-in-time

Income Statement 81 line items

Line Item	Tag	Value	Unit	Period
Revenue	`Revenues`	$675.56M	USD	1 Quarter
Revenue	`Revenues`	$1.25B	USD	2 Qtrs
Revenue	`Revenues`	$1.38B	USD	2 Qtrs
Revenue	`Revenues`	$735.97M	USD	1 Quarter
Investment income	`InterestIncomeOperating`	$792.00K	USD	2 Qtrs
Investment income	`InterestIncomeOperating`	$393.00K	USD	1 Quarter
Investment income	`InterestIncomeOperating`	$405.00K	USD	1 Quarter
Investment income	`InterestIncomeOperating`	$921.00K	USD	2 Qtrs
Purchased transportation	`PurchasedTransportationCosts`	$509.98M	USD	1 Quarter
Purchased transportation	`PurchasedTransportationCosts`	$1.06B	USD	2 Qtrs
Purchased transportation	`PurchasedTransportationCosts`	$941.36M	USD	2 Qtrs
Purchased transportation	`PurchasedTransportationCosts`	$562.78M	USD	1 Quarter
Commissions to agents	`SalesCommissionsAndFees`	$56.46M	USD	1 Quarter
Commissions to agents	`SalesCommissionsAndFees`	$98.17M	USD	2 Qtrs
Commissions to agents	`SalesCommissionsAndFees`	$54.00M	USD	1 Quarter
Commissions to agents	`SalesCommissionsAndFees`	$106.69M	USD	2 Qtrs
Other operating costs	`OtherCostAndExpenseOperating`	$4.72M	USD	1 Quarter
Other operating costs	`OtherCostAndExpenseOperating`	$7.68M	USD	1 Quarter
Other operating costs	`OtherCostAndExpenseOperating`	$15.62M	USD	2 Qtrs
Other operating costs	`OtherCostAndExpenseOperating`	$11.19M	USD	2 Qtrs
Insurance and claims	`OperatingInsuranceAndClaimsCostsProduction`	$9.31M	USD	1 Quarter
Insurance and claims	`OperatingInsuranceAndClaimsCostsProduction`	$13.45M	USD	1 Quarter
Insurance and claims	`OperatingInsuranceAndClaimsCostsProduction`	$20.40M	USD	2 Qtrs
Insurance and claims	`OperatingInsuranceAndClaimsCostsProduction`	$24.71M	USD	2 Qtrs
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$76.46M	USD	2 Qtrs
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$35.78M	USD	1 Quarter
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$37.66M	USD	1 Quarter
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$73.05M	USD	2 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$6.66M	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$12.79M	USD	2 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$6.39M	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$13.40M	USD	2 Qtrs
Total costs and expenses	`CostsAndExpenses`	$1.28B	USD	2 Qtrs
Total costs and expenses	`CostsAndExpenses`	$1.17B	USD	2 Qtrs
Total costs and expenses	`CostsAndExpenses`	$627.28M	USD	1 Quarter
Total costs and expenses	`CostsAndExpenses`	$677.59M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$48.67M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$82.76M	USD	2 Qtrs
Operating income	`OperatingIncomeLoss`	$58.79M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$101.94M	USD	2 Qtrs
Interest and debt expense	`InterestAndDebtExpense`	$770.00K	USD	1 Quarter
Interest and debt expense	`InterestAndDebtExpense`	$1.49M	USD	2 Qtrs
Interest and debt expense	`InterestAndDebtExpense`	$1.60M	USD	2 Qtrs
Interest and debt expense	`InterestAndDebtExpense`	$777.00K	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$47.89M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$81.16M	USD	2 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$100.44M	USD	2 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$58.02M	USD	1 Quarter
Income taxes	`IncomeTaxExpenseBenefit`	$37.74M	USD	2 Qtrs
Income taxes	`IncomeTaxExpenseBenefit`	$22.16M	USD	1 Quarter
Income taxes	`IncomeTaxExpenseBenefit`	$31.00M	USD	2 Qtrs
Income taxes	`IncomeTaxExpenseBenefit`	$18.30M	USD	1 Quarter
Net income	`ProfitLoss`	$50.16M	USD	2 Qtrs
Net income	`ProfitLoss`	$29.60M	USD	1 Quarter
Net income	`ProfitLoss`	$35.85M	USD	1 Quarter
Net income	`ProfitLoss`	$62.70M	USD	2 Qtrs
Less: Net loss attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$-62.00K	USD	2 Qtrs
Net income attributable to Landstar System, Inc. and subsidiary	`NetIncomeLoss`	$29.60M	USD	1 Quarter
Net income attributable to Landstar System, Inc. and subsidiary	`NetIncomeLoss`	$35.85M	USD	1 Quarter
Net income attributable to Landstar System, Inc. and subsidiary	`NetIncomeLoss`	$50.22M	USD	2 Qtrs
Net income attributable to Landstar System, Inc. and subsidiary	`NetIncomeLoss`	$62.70M	USD	2 Qtrs
Earnings per common share attributable to Landstar System, Inc. and subsidiary	`EarningsPerShareBasic`	$0.62	USD	1 Quarter
Earnings per common share attributable to Landstar System, Inc. and subsidiary	`EarningsPerShareBasic`	$1.34	USD	2 Qtrs
Earnings per common share attributable to Landstar System, Inc. and subsidiary	`EarningsPerShareBasic`	$1.05	USD	2 Qtrs
Earnings per common share attributable to Landstar System, Inc. and subsidiary	`EarningsPerShareBasic`	$0.76	USD	1 Quarter
Diluted earnings per share attributable to Landstar System, Inc. and subsidiary	`EarningsPerShareDiluted`	$0.62	USD	1 Quarter
Diluted earnings per share attributable to Landstar System, Inc. and subsidiary	`EarningsPerShareDiluted`	$0.76	USD	1 Quarter
Diluted earnings per share attributable to Landstar System, Inc. and subsidiary	`EarningsPerShareDiluted`	$1.33	USD	2 Qtrs
Diluted earnings per share attributable to Landstar System, Inc. and subsidiary	`EarningsPerShareDiluted`	$1.05	USD	2 Qtrs
Earnings per common share	`WeightedAverageNumberOfSharesOutstandingBasic`	46.91M	shares	1 Quarter
Earnings per common share	`WeightedAverageNumberOfSharesOutstandingBasic`	47.78M	shares	1 Quarter
Earnings per common share	`WeightedAverageNumberOfSharesOutstandingBasic`	46.86M	shares	2 Qtrs
Earnings per common share	`WeightedAverageNumberOfSharesOutstandingBasic`	47.83M	shares	2 Qtrs
Diluted earnings per share	`WeightedAverageNumberOfDilutedSharesOutstanding`	47.91M	shares	2 Qtrs
Diluted earnings per share	`WeightedAverageNumberOfDilutedSharesOutstanding`	47.08M	shares	2 Qtrs
Diluted earnings per share	`WeightedAverageNumberOfDilutedSharesOutstanding`	47.10M	shares	1 Quarter
Diluted earnings per share	`WeightedAverageNumberOfDilutedSharesOutstanding`	47.91M	shares	1 Quarter
Dividends paid per common share	`CommonStockDividendsPerShareCashPaid`	$0.10	USD	2 Qtrs
Dividends paid per common share	`CommonStockDividendsPerShareCashPaid`	$0.11	USD	2 Qtrs
Dividends paid per common share	`CommonStockDividendsPerShareCashPaid`	$0.06	USD	1 Quarter
Dividends paid per common share	`CommonStockDividendsPerShareCashPaid`	$0.05	USD	1 Quarter

Cash Flow Statement 70 line items

Line Item	Tag	Value	Unit	Period
Net income	`ProfitLoss`	$50.16M	USD	2 Qtrs
Net income	`ProfitLoss`	$29.60M	USD	1 Quarter
Net income	`ProfitLoss`	$35.85M	USD	1 Quarter
Net income	`ProfitLoss`	$62.70M	USD	2 Qtrs
Depreciation and amortization of operating property and intangible assets	`DepreciationAndAmortization`	$6.66M	USD	1 Quarter
Depreciation and amortization of operating property and intangible assets	`DepreciationAndAmortization`	$12.79M	USD	2 Qtrs
Depreciation and amortization of operating property and intangible assets	`DepreciationAndAmortization`	$6.39M	USD	1 Quarter
Depreciation and amortization of operating property and intangible assets	`DepreciationAndAmortization`	$13.40M	USD	2 Qtrs
Non-cash interest charges	`AmortizationOfDeferredCharges`	$109.00K	USD	2 Qtrs
Non-cash interest charges	`AmortizationOfDeferredCharges`	$109.00K	USD	2 Qtrs
Provisions for losses on trade and other accounts receivable	`ProvisionForDoubtfulAccounts`	$2.86M	USD	2 Qtrs
Provisions for losses on trade and other accounts receivable	`ProvisionForDoubtfulAccounts`	$1.83M	USD	2 Qtrs
Losses (gains) on sales/disposals of operating property	`GainLossOnSaleOfPropertyPlantEquipment`	$2.01M	USD	2 Qtrs
Losses (gains) on sales/disposals of operating property	`GainLossOnSaleOfPropertyPlantEquipment`	$-106.00K	USD	2 Qtrs
Deferred income taxes, net	`IncreaseDecreaseInDeferredIncomeTaxes`	$3.71M	USD	2 Qtrs
Deferred income taxes, net	`IncreaseDecreaseInDeferredIncomeTaxes`	$-6.90M	USD	2 Qtrs
Stock-based compensation	`ShareBasedCompensation`	$2.47M	USD	2 Qtrs
Stock-based compensation	`ShareBasedCompensation`	$3.19M	USD	2 Qtrs
Increase in trade and other accounts receivable	`IncreaseDecreaseInReceivables`	$58.19M	USD	2 Qtrs
Increase in trade and other accounts receivable	`IncreaseDecreaseInReceivables`	$82.60M	USD	2 Qtrs
Decrease (increase) in other assets	`IncreaseDecreaseInOtherOperatingAssets`	$4.62M	USD	2 Qtrs
Decrease (increase) in other assets	`IncreaseDecreaseInOtherOperatingAssets`	$-101.00K	USD	2 Qtrs
Increase in accounts payable	`IncreaseDecreaseInAccountsPayable`	$40.61M	USD	2 Qtrs
Increase in accounts payable	`IncreaseDecreaseInAccountsPayable`	$38.03M	USD	2 Qtrs
Increase (decrease) in other liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$545.00K	USD	2 Qtrs
Increase (decrease) in other liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$-869.00K	USD	2 Qtrs
Increase (decrease) in insurance claims	`IncreaseDecreaseInInsuranceLiabilities`	$4.03M	USD	2 Qtrs
Increase (decrease) in insurance claims	`IncreaseDecreaseInInsuranceLiabilities`	$-9.66M	USD	2 Qtrs
NET CASH PROVIDED BY OPERATING ACTIVITIES	`NetCashProvidedByUsedInOperatingActivities`	$54.81M	USD	2 Qtrs
NET CASH PROVIDED BY OPERATING ACTIVITIES	`NetCashProvidedByUsedInOperatingActivities`	$23.47M	USD	2 Qtrs
Sales and maturities of investments	`ProceedsFromSaleAndMaturityOfMarketableSecurities`	$44.82M	USD	2 Qtrs
Sales and maturities of investments	`ProceedsFromSaleAndMaturityOfMarketableSecurities`	$13.28M	USD	2 Qtrs
Purchases of investments	`PaymentsToAcquireMarketableSecurities`	$36.23M	USD	2 Qtrs
Purchases of investments	`PaymentsToAcquireMarketableSecurities`	$39.44M	USD	2 Qtrs
Purchases of operating property	`PaymentsToAcquirePropertyPlantAndEquipment`	$2.83M	USD	2 Qtrs
Purchases of operating property	`PaymentsToAcquirePropertyPlantAndEquipment`	$1.96M	USD	1 Quarter
Purchases of operating property	`PaymentsToAcquirePropertyPlantAndEquipment`	$2.98M	USD	2 Qtrs
Purchases of operating property	`PaymentsToAcquirePropertyPlantAndEquipment`	$1.02M	USD	1 Quarter
Proceeds from sales of operating property	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$729.00K	USD	2 Qtrs
Proceeds from sales of operating property	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$6.25M	USD	2 Qtrs
NET CASH PROVIDED (USED) BY INVESTING ACTIVITIES	`NetCashProvidedByUsedInInvestingActivities`	$-19.69M	USD	2 Qtrs
NET CASH PROVIDED (USED) BY INVESTING ACTIVITIES	`NetCashProvidedByUsedInInvestingActivities`	$3.28M	USD	2 Qtrs
Increase (decrease) in cash overdraft	`ProceedsFromRepaymentsOfBankOverdrafts`	$-1.83M	USD	2 Qtrs
Increase (decrease) in cash overdraft	`ProceedsFromRepaymentsOfBankOverdrafts`	$1.47M	USD	2 Qtrs
Dividends paid	`PaymentsOfDividends`	$4.79M	USD	2 Qtrs
Dividends paid	`PaymentsOfDividends`	$5.16M	USD	2 Qtrs
Proceeds from exercises of stock options	`ProceedsFromStockOptionsExercised`	$555.00K	USD	2 Qtrs
Proceeds from exercises of stock options	`ProceedsFromStockOptionsExercised`	$1.13M	USD	2 Qtrs
Excess (shortfall) tax effect on stock option exercises	`ExcessTaxBenefitFromShareBasedCompensationFinancingActivities`	$-122.00K	USD	2 Qtrs
Excess (shortfall) tax effect on stock option exercises	`ExcessTaxBenefitFromShareBasedCompensationFinancingActivities`	$886.00K	USD	2 Qtrs
Borrowings on revolving credit facility	`ProceedsFromLinesOfCredit`	$60.00M	USD	2 Qtrs
Purchases of common stock	`PaymentsForRepurchaseOfCommonStock`	$15.75M	USD	2 Qtrs
Purchases of common stock	`PaymentsForRepurchaseOfCommonStock`	$9.27M	USD	2 Qtrs
Principal payments on long-term debt and capital lease obligations	`RepaymentsOfLongTermDebtAndCapitalSecurities`	$90.84M	USD	2 Qtrs
Principal payments on long-term debt and capital lease obligations	`RepaymentsOfLongTermDebtAndCapitalSecurities`	$11.97M	USD	2 Qtrs
Purchase of noncontrolling interest	`PaymentsToMinorityShareholders`	$8.00M	USD	2 Qtrs
NET CASH USED BY FINANCING ACTIVITIES	`NetCashProvidedByUsedInFinancingActivities`	$-51.56M	USD	2 Qtrs
NET CASH USED BY FINANCING ACTIVITIES	`NetCashProvidedByUsedInFinancingActivities`	$-32.12M	USD	2 Qtrs
Effect of exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashAndCashEquivalents`	$-64.00K	USD	2 Qtrs
Effect of exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashAndCashEquivalents`	$213.00K	USD	2 Qtrs
Decrease in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-16.50M	USD	2 Qtrs
Decrease in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-5.16M	USD	2 Qtrs
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$39.54M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$80.90M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$64.39M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$44.71M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$39.54M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$80.90M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$64.39M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$44.71M	USD	Point-in-time

Stockholders Equity 24 line items

Line Item	Tag	Value	Unit	Period
Dividends paid, per share	`CommonStockDividendsPerShareCashPaid`	$0.10	USD	2 Qtrs
Dividends paid, per share	`CommonStockDividendsPerShareCashPaid`	$0.11	USD	2 Qtrs
Dividends paid, per share	`CommonStockDividendsPerShareCashPaid`	$0.06	USD	1 Quarter
Dividends paid, per share	`CommonStockDividendsPerShareCashPaid`	$0.05	USD	1 Quarter
Beginning Balance	`StockholdersEquity`	$347.76M	USD	Point-in-time
Beginning Balance	`StockholdersEquity`	$300.58M	USD	Point-in-time
Net income	`ProfitLoss`	$50.16M	USD	2 Qtrs
Net income	`ProfitLoss`	$29.60M	USD	1 Quarter
Net income	`ProfitLoss`	$35.85M	USD	1 Quarter
Net income	`ProfitLoss`	$62.70M	USD	2 Qtrs
Dividends paid ($0.11 per share)	`DividendsCommonStockCash`	$5.16M	USD	2 Qtrs
Purchases of common stock	`TreasuryStockValueAcquiredCostMethod`	$15.75M	USD	2 Qtrs
Exercises of stock options and forfeitures and vesting of non-vested stock, including excess tax effect	`ExercisesOfStockOptionsAndIssuanceOfNonVestedStockIncludingExcessTaxBenefit`	$2.02M	USD	2 Qtrs
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$3.19M	USD	2 Qtrs
Foreign currency translation	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$213.00K	USD	2 Qtrs
Foreign currency translation	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-64.00K	USD	2 Qtrs
Foreign currency translation	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-268.00K	USD	1 Quarter
Foreign currency translation	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$7.00K	USD	1 Quarter
Unrealized gain on available-for-sale investments, net of income taxes	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$248.00K	USD	2 Qtrs
Unrealized gain on available-for-sale investments, net of income taxes	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$293.00K	USD	2 Qtrs
Unrealized gain on available-for-sale investments, net of income taxes	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$66.00K	USD	1 Quarter
Unrealized gain on available-for-sale investments, net of income taxes	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$286.00K	USD	1 Quarter
Ending Balance	`StockholdersEquity`	$347.76M	USD	Point-in-time
Ending Balance	`StockholdersEquity`	$300.58M	USD	Point-in-time

Comprehensive Income 24 line items

Line Item	Tag	Value	Unit	Period
Other Comprehensive Income (Loss), Available-for-sale Securities, Tax	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesTax`	$157.00K	USD	1 Quarter
Net income attributable to Landstar System, Inc. and subsidiary	`NetIncomeLoss`	$29.60M	USD	1 Quarter
Net income attributable to Landstar System, Inc. and subsidiary	`NetIncomeLoss`	$35.85M	USD	1 Quarter
Other Comprehensive Income (Loss), Available-for-sale Securities, Tax	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesTax`	$37.00K	USD	1 Quarter
Net income attributable to Landstar System, Inc. and subsidiary	`NetIncomeLoss`	$50.22M	USD	2 Qtrs
Net income attributable to Landstar System, Inc. and subsidiary	`NetIncomeLoss`	$62.70M	USD	2 Qtrs
Other Comprehensive Income (Loss), Available-for-sale Securities, Tax	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesTax`	$161.00K	USD	2 Qtrs
Other Comprehensive Income (Loss), Available-for-sale Securities, Tax	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesTax`	$137.00K	USD	2 Qtrs
Unrealized holding gains on available-for-sale investments, net of tax expense of $137, $161, $37 and $157	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$248.00K	USD	2 Qtrs
Unrealized holding gains on available-for-sale investments, net of tax expense of $137, $161, $37 and $157	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$293.00K	USD	2 Qtrs
Unrealized holding gains on available-for-sale investments, net of tax expense of $137, $161, $37 and $157	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$66.00K	USD	1 Quarter
Unrealized holding gains on available-for-sale investments, net of tax expense of $137, $161, $37 and $157	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$286.00K	USD	1 Quarter
Foreign currency translation gains (losses)	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$213.00K	USD	2 Qtrs
Foreign currency translation gains (losses)	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-64.00K	USD	2 Qtrs
Foreign currency translation gains (losses)	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-268.00K	USD	1 Quarter
Foreign currency translation gains (losses)	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$7.00K	USD	1 Quarter
Other comprehensive income	`OtherComprehensiveIncomeLossNetOfTax`	$506.00K	USD	2 Qtrs
Other comprehensive income	`OtherComprehensiveIncomeLossNetOfTax`	$293.00K	USD	1 Quarter
Other comprehensive income	`OtherComprehensiveIncomeLossNetOfTax`	$-202.00K	USD	1 Quarter
Other comprehensive income	`OtherComprehensiveIncomeLossNetOfTax`	$184.00K	USD	2 Qtrs
Comprehensive income attributable to Landstar System, Inc. and subsidiary	`ComprehensiveIncomeNetOfTax`	$35.65M	USD	1 Quarter
Comprehensive income attributable to Landstar System, Inc. and subsidiary	`ComprehensiveIncomeNetOfTax`	$29.89M	USD	1 Quarter
Comprehensive income attributable to Landstar System, Inc. and subsidiary	`ComprehensiveIncomeNetOfTax`	$62.89M	USD	2 Qtrs
Comprehensive income attributable to Landstar System, Inc. and subsidiary	`ComprehensiveIncomeNetOfTax`	$50.72M	USD	2 Qtrs

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.