◆ Market Data --:--
Commodities
Loading...
📈 Yields & Rates
Loading...
💱 FX Rates
Loading...
📈 Market Pulse
Loading...
🏛 Congress Trades
Loading...
👤 Insider Trades
Loading...
Customize Items

10-Q Filing

LANDSTAR SYSTEM INC CIK: 853816 Q1 2015
Filing Information
Form Type 10-Q
Accession Number 0001193125-15-165180
Period End Date 20150331
Filing Date 20150501
Fiscal Year 2015
Fiscal Period Q1
XBRL Instance lstr-20150328.xml
Balance Sheet 70 line items
Line Item Tag Value Unit Period
Allowance on trade accounts receivable AllowanceForDoubtfulAccountsReceivableCurrent $4.34M USD Point-in-time
Allowance on trade accounts receivable AllowanceForDoubtfulAccountsReceivableCurrent $4.25M USD Point-in-time
Allowance on other receivables AllowanceForDoubtfulAccountsPremiumsAndOtherReceivables $4.19M USD Point-in-time
Allowance on other receivables AllowanceForDoubtfulAccountsPremiumsAndOtherReceivables $4.24M USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $180.30M USD Point-in-time
Accumulated depreciation and amortization on operating property AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment $160.68M USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $114.17M USD Point-in-time
Accumulated depreciation and amortization on operating property AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment $165.01M USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $163.94M USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $114.89M 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
Short-term investments ShortTermInvestments $37.17M USD Point-in-time
Short-term investments ShortTermInvestments $37.01M USD Point-in-time
Common stock, authorized shares CommonStockSharesAuthorized 160.00M shares Point-in-time
Trade accounts receivable, less allowance of $4,248 and $4,338 ReceivablesNetCurrent $492.64M USD Point-in-time
Trade accounts receivable, less allowance of $4,248 and $4,338 ReceivablesNetCurrent $447.70M USD Point-in-time
Common stock, authorized shares CommonStockSharesAuthorized 160.00M shares Point-in-time
Common stock, issued shares CommonStockSharesIssued 67.35M shares Point-in-time
Other receivables, including advances to independent contractors, less allowance of $4,235 and $4,189 OtherReceivables $29.44M USD Point-in-time
Common stock, issued shares CommonStockSharesIssued 67.27M shares Point-in-time
Other receivables, including advances to independent contractors, less allowance of $4,235 and $4,189 OtherReceivables $15.13M USD Point-in-time
Treasury stock, shares TreasuryStockShares 22.94M shares Point-in-time
Treasury stock, shares TreasuryStockShares 22.47M shares Point-in-time
Deferred income taxes and other current assets OtherAssetsCurrent $11.47M USD Point-in-time
Deferred income taxes and other current assets OtherAssetsCurrent $23.60M USD Point-in-time
Total current assets AssetsCurrent $640.67M USD Point-in-time
Total current assets AssetsCurrent $732.33M USD Point-in-time
Operating property, less accumulated depreciation and amortization of $165,007 and $160,681 PropertyPlantAndEquipmentNet $202.20M USD Point-in-time
Operating property, less accumulated depreciation and amortization of $165,007 and $160,681 PropertyPlantAndEquipmentNet $197.09M USD Point-in-time
Goodwill Goodwill $31.13M USD Point-in-time
Goodwill Goodwill $31.13M USD Point-in-time
Goodwill Goodwill $31.13M USD Point-in-time
Other assets OtherAssetsNoncurrent $78.76M USD Point-in-time
Other assets OtherAssetsNoncurrent $78.55M USD Point-in-time
Total assets Assets $947.65M USD Point-in-time
Total assets Assets $1.04B USD Point-in-time
Cash overdraft BankOverdrafts $28.41M USD Point-in-time
Cash overdraft BankOverdrafts $34.63M USD Point-in-time
Accounts payable AccountsPayableCurrent $196.22M USD Point-in-time
Accounts payable AccountsPayableCurrent $220.08M USD Point-in-time
Current maturities of long-term debt LongTermDebtAndCapitalLeaseObligationsCurrent $35.06M USD Point-in-time
Current maturities of long-term debt LongTermDebtAndCapitalLeaseObligationsCurrent $34.43M USD Point-in-time
Insurance claims SelfInsuranceReserveCurrent $24.23M USD Point-in-time
Insurance claims SelfInsuranceReserveCurrent $24.79M USD Point-in-time
Dividends payable DividendsPayableCurrent $44.79M USD Point-in-time
Other current liabilities OtherLiabilitiesCurrent $42.13M USD Point-in-time
Other current liabilities OtherLiabilitiesCurrent $51.65M USD Point-in-time
Total current liabilities LiabilitiesCurrent $410.45M USD Point-in-time
Total current liabilities LiabilitiesCurrent $325.97M USD Point-in-time
Long-term debt, excluding current maturities LongTermDebtAndCapitalLeaseObligations $76.26M USD Point-in-time
Long-term debt, excluding current maturities LongTermDebtAndCapitalLeaseObligations $67.67M USD Point-in-time
Insurance claims SelfInsuranceReserveNoncurrent $22.53M USD Point-in-time
Insurance claims SelfInsuranceReserveNoncurrent $21.77M USD Point-in-time
Deferred income taxes and other noncurrent liabilities OtherLiabilitiesNoncurrent $47.47M USD Point-in-time
Deferred income taxes and other noncurrent liabilities OtherLiabilitiesNoncurrent $47.14M USD Point-in-time
Common stock, $0.01 par value, authorized 160,000,000 shares, issued 67,349,642 and 67,268,817 shares CommonStockValue $673.00K USD Point-in-time
Common stock, $0.01 par value, authorized 160,000,000 shares, issued 67,349,642 and 67,268,817 shares CommonStockValue $673.00K USD Point-in-time
Additional paid-in capital AdditionalPaidInCapitalCommonStock $189.53M USD Point-in-time
Additional paid-in capital AdditionalPaidInCapitalCommonStock $189.01M USD Point-in-time
Retained earnings RetainedEarningsAccumulatedDeficit $1.28B USD Point-in-time
Retained earnings RetainedEarningsAccumulatedDeficit $1.26B USD Point-in-time
Cost of 22,938,800 and 22,474,331 shares of common stock in treasury TreasuryStockValue $986.91M USD Point-in-time
Cost of 22,938,800 and 22,474,331 shares of common stock in treasury TreasuryStockValue $955.61M USD Point-in-time
Accumulated other comprehensive loss AccumulatedOtherComprehensiveIncomeLossNetOfTax $-1.24M USD Point-in-time
Accumulated other comprehensive loss AccumulatedOtherComprehensiveIncomeLossNetOfTax $-1.19M USD Point-in-time
Total shareholders' equity StockholdersEquity $488.26M USD Point-in-time
Total shareholders' equity StockholdersEquity $484.32M USD Point-in-time
Total liabilities and shareholders' equity LiabilitiesAndStockholdersEquity $1.04B USD Point-in-time
Total liabilities and shareholders' equity LiabilitiesAndStockholdersEquity $947.65M USD Point-in-time
Income Statement 38 line items
Line Item Tag Value Unit Period
Revenue Revenues $762.38M USD 1 Quarter
Revenue Revenues $688.20M USD 1 Quarter
Investment income InterestIncomeOperating $363.00K USD 1 Quarter
Investment income InterestIncomeOperating $354.00K USD 1 Quarter
Purchased transportation PurchasedTransportationCosts $587.15M USD 1 Quarter
Purchased transportation PurchasedTransportationCosts $530.03M USD 1 Quarter
Commissions to agents SalesCommissionsAndFees $59.78M USD 1 Quarter
Commissions to agents SalesCommissionsAndFees $52.70M USD 1 Quarter
Other operating costs, net of gains on asset sales/dispositions OtherCostAndExpenseOperating $6.59M USD 1 Quarter
Other operating costs, net of gains on asset sales/dispositions OtherCostAndExpenseOperating $7.69M USD 1 Quarter
Insurance and claims OperatingInsuranceAndClaimsCostsProduction $11.86M USD 1 Quarter
Insurance and claims OperatingInsuranceAndClaimsCostsProduction $14.80M USD 1 Quarter
Selling, general and administrative SellingGeneralAndAdministrativeExpense $37.25M USD 1 Quarter
Selling, general and administrative SellingGeneralAndAdministrativeExpense $35.60M USD 1 Quarter
Depreciation and amortization DepreciationAndAmortization $6.77M USD 1 Quarter
Depreciation and amortization DepreciationAndAmortization $7.02M USD 1 Quarter
Total costs and expenses CostsAndExpenses $643.55M USD 1 Quarter
Total costs and expenses CostsAndExpenses $713.69M USD 1 Quarter
Operating income OperatingIncomeLoss $45.01M USD 1 Quarter
Operating income OperatingIncomeLoss $49.05M USD 1 Quarter
Interest and debt expense InterestAndDebtExpense $768.00K USD 1 Quarter
Interest and debt expense InterestAndDebtExpense $781.00K USD 1 Quarter
Income before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments $44.25M USD 1 Quarter
Income before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments $48.26M USD 1 Quarter
Income taxes IncomeTaxExpenseBenefit $16.61M USD 1 Quarter
Income taxes IncomeTaxExpenseBenefit $18.25M USD 1 Quarter
Net income NetIncomeLoss $27.64M USD 1 Quarter
Net income NetIncomeLoss $30.02M USD 1 Quarter
Earnings per common share EarningsPerShareBasic $0.67 USD 1 Quarter
Earnings per common share EarningsPerShareBasic $0.61 USD 1 Quarter
Diluted earnings per share EarningsPerShareDiluted $0.61 USD 1 Quarter
Diluted earnings per share EarningsPerShareDiluted $0.67 USD 1 Quarter
Earnings per common share WeightedAverageNumberOfSharesOutstandingBasic 45.41M shares 1 Quarter
Earnings per common share WeightedAverageNumberOfSharesOutstandingBasic 44.59M shares 1 Quarter
Diluted earnings per share WeightedAverageNumberOfDilutedSharesOutstanding 45.60M shares 1 Quarter
Diluted earnings per share WeightedAverageNumberOfDilutedSharesOutstanding 44.76M shares 1 Quarter
Dividends per common share CommonStockDividendsPerShareDeclared $0.07 USD 1 Quarter
Dividends per common share CommonStockDividendsPerShareDeclared $0.06 USD 1 Quarter
Cash Flow Statement 65 line items
Line Item Tag Value Unit Period
Net income NetIncomeLoss $27.64M USD 1 Quarter
Net income NetIncomeLoss $30.02M USD 1 Quarter
Depreciation and amortization of operating property DepreciationAndAmortization $6.77M USD 1 Quarter
Depreciation and amortization of operating property DepreciationAndAmortization $7.02M USD 1 Quarter
Non-cash interest charges AmortizationOfDeferredCharges $55.00K USD 1 Quarter
Non-cash interest charges AmortizationOfDeferredCharges $54.00K USD 1 Quarter
Provisions for losses on trade and other accounts receivable ProvisionForDoubtfulAccounts $729.00K USD 1 Quarter
Provisions for losses on trade and other accounts receivable ProvisionForDoubtfulAccounts $702.00K USD 1 Quarter
Gains on sales/disposals of operating property GainLossOnSaleOfPropertyPlantEquipment $59.00K USD 1 Quarter
Gains on sales/disposals of operating property GainLossOnSaleOfPropertyPlantEquipment $107.00K USD 1 Quarter
Deferred income taxes, net IncreaseDecreaseInDeferredIncomeTaxes $-885.00K USD 1 Quarter
Deferred income taxes, net IncreaseDecreaseInDeferredIncomeTaxes $2.09M USD 1 Quarter
Stock-based compensation ShareBasedCompensation $1.16M USD 1 Quarter
Stock-based compensation ShareBasedCompensation $1.67M USD 1 Quarter
Decrease (increase) in trade and other accounts receivable IncreaseDecreaseInReceivables $-29.94M USD 1 Quarter
Decrease (increase) in trade and other accounts receivable IncreaseDecreaseInReceivables $41.62M USD 1 Quarter
Decrease (increase) in other assets IncreaseDecreaseInOtherOperatingAssets $1.56M USD 1 Quarter
Decrease (increase) in other assets IncreaseDecreaseInOtherOperatingAssets $-11.22M USD 1 Quarter
(Decrease) increase in accounts payable IncreaseDecreaseInAccountsPayable $13.29M USD 1 Quarter
(Decrease) increase in accounts payable IncreaseDecreaseInAccountsPayable $-23.86M USD 1 Quarter
(Decrease) increase in other liabilities IncreaseDecreaseInOtherOperatingLiabilities $-9.58M USD 1 Quarter
(Decrease) increase in other liabilities IncreaseDecreaseInOtherOperatingLiabilities $8.11M USD 1 Quarter
Increase in insurance claims IncreaseDecreaseInInsuranceLiabilities $1.32M USD 1 Quarter
Increase in insurance claims IncreaseDecreaseInInsuranceLiabilities $1.25M USD 1 Quarter
NET CASH PROVIDED BY OPERATING ACTIVITIES NetCashProvidedByUsedInOperatingActivitiesContinuingOperations $13.67M USD 1 Quarter
NET CASH PROVIDED BY OPERATING ACTIVITIES NetCashProvidedByUsedInOperatingActivitiesContinuingOperations $49.27M USD 1 Quarter
Net change in other short-term investments IncreaseDecreaseInRestrictedCashAndInvestments $3.25M USD 1 Quarter
Sales and maturities of investments ProceedsFromSaleAndMaturityOfMarketableSecurities $10.65M USD 1 Quarter
Sales and maturities of investments ProceedsFromSaleAndMaturityOfMarketableSecurities $14.56M USD 1 Quarter
Purchases of investments PaymentsToAcquireMarketableSecurities $11.11M USD 1 Quarter
Purchases of investments PaymentsToAcquireMarketableSecurities $15.06M USD 1 Quarter
Purchases of operating property PaymentsToAcquirePropertyPlantAndEquipment $732.00K USD 1 Quarter
Purchases of operating property PaymentsToAcquirePropertyPlantAndEquipment $2.45M USD 1 Quarter
Proceeds from sales of operating property ProceedsFromSaleOfPropertyPlantAndEquipment $276.00K USD 1 Quarter
Proceeds from sales of operating property ProceedsFromSaleOfPropertyPlantAndEquipment $656.00K USD 1 Quarter
NET CASH USED BY INVESTING ACTIVITIES NetCashProvidedByUsedInInvestingActivitiesContinuingOperations $-4.21M USD 1 Quarter
NET CASH USED BY INVESTING ACTIVITIES NetCashProvidedByUsedInInvestingActivitiesContinuingOperations $-2.25M USD 1 Quarter
Decrease in cash overdraft ProceedsFromRepaymentsOfBankOverdrafts $-6.22M USD 1 Quarter
Decrease in cash overdraft ProceedsFromRepaymentsOfBankOverdrafts $-6.60M USD 1 Quarter
Dividends paid PaymentsOfDividends $18.64M USD 1 Quarter
Dividends paid PaymentsOfDividends $47.91M USD 1 Quarter
Proceeds from exercises of stock options ProceedsFromStockOptionsExercised $1.13M USD 1 Quarter
Proceeds from exercises of stock options ProceedsFromStockOptionsExercised $429.00K USD 1 Quarter
Taxes paid in lieu of shares issued related to stock-based compensation plans PaymentsRelatedToTaxWithholdingForShareBasedCompensation $2.07M USD 1 Quarter
Taxes paid in lieu of shares issued related to stock-based compensation plans PaymentsRelatedToTaxWithholdingForShareBasedCompensation $1.65M USD 1 Quarter
Excess tax benefits from stock-based awards ExcessTaxBenefitFromShareBasedCompensationFinancingActivities $505.00K USD 1 Quarter
Excess tax benefits from stock-based awards ExcessTaxBenefitFromShareBasedCompensationFinancingActivities $486.00K USD 1 Quarter
Purchases of common stock PaymentsForRepurchaseOfCommonStock $37.05M USD 1 Quarter
Purchases of common stock PaymentsForRepurchaseOfCommonStock $31.30M USD 1 Quarter
Principal payments on long-term debt and capital lease obligations RepaymentsOfLongTermDebtAndCapitalSecurities $12.86M USD 1 Quarter
Principal payments on long-term debt and capital lease obligations RepaymentsOfLongTermDebtAndCapitalSecurities $9.22M USD 1 Quarter
NET CASH USED BY FINANCING ACTIVITIES NetCashProvidedByUsedInFinancingActivitiesContinuingOperations $-95.80M USD 1 Quarter
NET CASH USED BY FINANCING ACTIVITIES NetCashProvidedByUsedInFinancingActivitiesContinuingOperations $-75.17M USD 1 Quarter
Effect of exchange rate changes on cash and cash equivalents EffectOfExchangeRateOnCashAndCashEquivalents $-280.00K USD 1 Quarter
Effect of exchange rate changes on cash and cash equivalents EffectOfExchangeRateOnCashAndCashEquivalents $-432.00K USD 1 Quarter
Decrease in cash and cash equivalents CashAndCashEquivalentsPeriodIncreaseDecrease $-49.06M USD 1 Quarter
Decrease in cash and cash equivalents CashAndCashEquivalentsPeriodIncreaseDecrease $-66.14M USD 1 Quarter
Cash and cash equivalents at beginning of period CashAndCashEquivalentsAtCarryingValue $180.30M USD Point-in-time
Cash and cash equivalents at beginning of period CashAndCashEquivalentsAtCarryingValue $114.17M USD Point-in-time
Cash and cash equivalents at beginning of period CashAndCashEquivalentsAtCarryingValue $163.94M USD Point-in-time
Cash and cash equivalents at beginning of period CashAndCashEquivalentsAtCarryingValue $114.89M USD Point-in-time
Cash and cash equivalents at end of period CashAndCashEquivalentsAtCarryingValue $180.30M USD Point-in-time
Cash and cash equivalents at end of period CashAndCashEquivalentsAtCarryingValue $114.17M USD Point-in-time
Cash and cash equivalents at end of period CashAndCashEquivalentsAtCarryingValue $163.94M USD Point-in-time
Cash and cash equivalents at end of period CashAndCashEquivalentsAtCarryingValue $114.89M USD Point-in-time
Stockholders Equity 14 line items
Line Item Tag Value Unit Period
Dividends per common share CommonStockDividendsPerShareDeclared $0.07 USD 1 Quarter
Dividends per common share CommonStockDividendsPerShareDeclared $0.06 USD 1 Quarter
Beginning Balance StockholdersEquity $488.26M USD Point-in-time
Beginning Balance StockholdersEquity $484.32M USD Point-in-time
Net income NetIncomeLoss $27.64M USD 1 Quarter
Net income NetIncomeLoss $30.02M USD 1 Quarter
Dividends DividendsCommonStockCash $3.11M USD 1 Quarter
Purchases of common stock TreasuryStockValueAcquiredCostMethod $31.30M USD 1 Quarter
Issuance of stock related to stock-based compensation plans, including excess tax effect StockIssuedDuringPeriodValueShareBasedCompensation $-1.15M USD 1 Quarter
Stock-based compensation AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue $1.67M USD 1 Quarter
Other comprehensive loss OtherComprehensiveIncomeLossNetOfTax $-52.00K USD 1 Quarter
Other comprehensive loss OtherComprehensiveIncomeLossNetOfTax $-322.00K USD 1 Quarter
Ending Balance StockholdersEquity $488.26M USD Point-in-time
Ending Balance StockholdersEquity $484.32M USD Point-in-time
Comprehensive Income 12 line items
Line Item Tag Value Unit Period
Unrealized holding gains on available-for-sale investments, tax expense OtherComprehensiveIncomeLossAvailableForSaleSecuritiesTax $125.00K USD 1 Quarter
Unrealized holding gains on available-for-sale investments, tax expense OtherComprehensiveIncomeLossAvailableForSaleSecuritiesTax $60.00K USD 1 Quarter
Net income NetIncomeLoss $27.64M USD 1 Quarter
Net income NetIncomeLoss $30.02M USD 1 Quarter
Unrealized holding gains on available-for-sale investments, net of tax expense of $125 and $60 OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax $228.00K USD 1 Quarter
Unrealized holding gains on available-for-sale investments, net of tax expense of $125 and $60 OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax $110.00K USD 1 Quarter
Foreign currency translation losses OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax $-280.00K USD 1 Quarter
Foreign currency translation losses OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax $-432.00K USD 1 Quarter
Other comprehensive loss OtherComprehensiveIncomeLossNetOfTax $-52.00K USD 1 Quarter
Other comprehensive loss OtherComprehensiveIncomeLossNetOfTax $-322.00K USD 1 Quarter
Comprehensive income ComprehensiveIncomeNetOfTax $27.32M USD 1 Quarter
Comprehensive income ComprehensiveIncomeNetOfTax $29.96M USD 1 Quarter

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

NEWS
Loading article...
NEWS
Loading news...
TRENDING
Loading...