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10-Q Filing

Schneider National, Inc. CIK: 1692063 Q1 2017
Filing Information
Form Type 10-Q
Accession Number 0001193125-17-168474
Period End Date 20170331
Filing Date 20170512
Fiscal Year 2017
Fiscal Period Q1
XBRL Instance sndr-20170331.xml
Balance Sheet 78 line items
Line Item Tag Value Unit Period
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $79.26M USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $160.68M USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $130.79M USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $153.38M USD Point-in-time
Marketable securities MarketableSecuritiesCurrent $49.41M USD Point-in-time
Marketable securities MarketableSecuritiesCurrent $52.49M USD Point-in-time
Trade allowance AllowanceForDoubtfulAccountsReceivableCurrent $3.46M USD Point-in-time
Trade-net of allowance of $3,647 and $3,455, respectively AccountsReceivableNetCurrent $439.00M USD Point-in-time
Trade allowance AllowanceForDoubtfulAccountsReceivableCurrent $3.65M USD Point-in-time
Trade-net of allowance of $3,647 and $3,455, respectively AccountsReceivableNetCurrent $435.86M USD Point-in-time
Managed freight ManagedFreightReceivableCurrent $3.16M USD Point-in-time
Managed freight ManagedFreightReceivableCurrent $4.99M USD Point-in-time
Allowance for lease receivables LoansAndLeasesReceivableAllowance $1.04M USD Point-in-time
Allowance for lease receivables LoansAndLeasesReceivableAllowance $1.49M USD Point-in-time
Other OtherReceivablesNetCurrent $25.51M USD Point-in-time
Other OtherReceivablesNetCurrent $41.81M USD Point-in-time
Current portion of lease receivables-net of allowance of $1,489 and $1,036, respectively CapitalLeasesLessorBalanceSheetNetInvestmentInDirectFinancingAndSalesTypeLeasesCurrent $92.79M USD Point-in-time
Current portion of lease receivables-net of allowance of $1,489 and $1,036, respectively CapitalLeasesLessorBalanceSheetNetInvestmentInDirectFinancingAndSalesTypeLeasesCurrent $100.21M USD Point-in-time
Inventories InventoryNet $74.13M USD Point-in-time
Inventories InventoryNet $87.18M USD Point-in-time
Prepaid expenses and other assets PrepaidExpenseAndOtherAssetsCurrent $80.24M USD Point-in-time
Prepaid expenses and other assets PrepaidExpenseAndOtherAssetsCurrent $104.62M USD Point-in-time
Total current assets AssetsCurrent $923.65M USD Point-in-time
Total current assets AssetsCurrent $877.78M USD Point-in-time
Transportation equipment-net of accumulated depreciation of $969,613 and $942,965, respectively TransportationEquipment $1.65B USD Point-in-time
Transportation equipment-net of accumulated depreciation of $969,613 and $942,965, respectively TransportationEquipment $1.64B USD Point-in-time
Land, buildings, and improvements-net of accumulated depreciation of $109,909 and $108,148, respectively LandBuildingsAndImprovements $70.75M USD Point-in-time
Land, buildings, and improvements-net of accumulated depreciation of $109,909 and $108,148, respectively LandBuildingsAndImprovements $71.69M USD Point-in-time
Other-net of accumulated depreciation of $154,435 and $158,059, respectively PropertyPlantAndEquipmentOtherNet $33.60M USD Point-in-time
Other-net of accumulated depreciation of $154,435 and $158,059, respectively PropertyPlantAndEquipmentOtherNet $33.37M USD Point-in-time
Net property and equipment PropertyPlantAndEquipmentNet $1.76B USD Point-in-time
Net property and equipment PropertyPlantAndEquipmentNet $1.75B USD Point-in-time
Lease receivables CapitalLeasesLessorBalanceSheetNetInvestmentInDirectFinancingLeasesNoncurrent $130.24M USD Point-in-time
Lease receivables CapitalLeasesLessorBalanceSheetNetInvestmentInDirectFinancingLeasesNoncurrent $132.12M USD Point-in-time
Capitalized software and other noncurrent assets CapitalizedSoftwareAndOtherNonCurrentAssets $76.78M USD Point-in-time
Capitalized software and other noncurrent assets CapitalizedSoftwareAndOtherNonCurrentAssets $75.07M USD Point-in-time
Goodwill Goodwill $164.15M USD Point-in-time
Goodwill Goodwill $164.03M USD Point-in-time
Total noncurrent assets AssetsNoncurrent $2.12B USD Point-in-time
Total noncurrent assets AssetsNoncurrent $2.13B USD Point-in-time
TOTAL Assets $3.05B USD Point-in-time
TOTAL Assets $2.99B USD Point-in-time
Trade AccountsPayableTradeCurrent $222.11M USD Point-in-time
Trade AccountsPayableTradeCurrent $246.97M USD Point-in-time
Managed freight ManagedFreightPayableCurrent $3.31M USD Point-in-time
Managed freight ManagedFreightPayableCurrent $5.14M USD Point-in-time
Salaries and wages EmployeeRelatedLiabilitiesCurrent $81.80M USD Point-in-time
Salaries and wages EmployeeRelatedLiabilitiesCurrent $63.60M USD Point-in-time
Claims accruals AccruedInsuranceCurrent $52.22M USD Point-in-time
Claims accruals AccruedInsuranceCurrent $54.53M USD Point-in-time
Other OtherAccruedLiabilitiesCurrent $57.34M USD Point-in-time
Other OtherAccruedLiabilitiesCurrent $59.11M USD Point-in-time
Current maturities of debt and capital lease obligations LongTermDebtAndCapitalLeaseObligationsCurrent $258.66M USD Point-in-time
Current maturities of debt and capital lease obligations LongTermDebtAndCapitalLeaseObligationsCurrent $170.85M USD Point-in-time
Total current liabilities LiabilitiesCurrent $677.27M USD Point-in-time
Total current liabilities LiabilitiesCurrent $598.37M USD Point-in-time
Debt LongTermDebtNoncurrent $428.81M USD Point-in-time
Debt LongTermDebtNoncurrent $422.76M USD Point-in-time
Capital lease obligations CapitalLeaseObligationsNoncurrent $9.85M USD Point-in-time
Capital lease obligations CapitalLeaseObligationsNoncurrent $10.82M USD Point-in-time
Claims accruals AccruedInsuranceNoncurrent $108.53M USD Point-in-time
Claims accruals AccruedInsuranceNoncurrent $111.54M USD Point-in-time
Deferred income taxes DeferredTaxLiabilitiesNoncurrent $553.75M USD Point-in-time
Deferred income taxes DeferredTaxLiabilitiesNoncurrent $538.62M USD Point-in-time
Other OtherLiabilitiesNoncurrent $100.33M USD Point-in-time
Other OtherLiabilitiesNoncurrent $101.13M USD Point-in-time
Total noncurrent liabilities LiabilitiesNoncurrent $1.20B USD Point-in-time
Total noncurrent liabilities LiabilitiesNoncurrent $1.19B USD Point-in-time
COMMITMENTS AND CONTINGENCIES (Note 11) CommitmentsAndContingencies - USD Point-in-time
COMMITMENTS AND CONTINGENCIES (Note 11) CommitmentsAndContingencies - USD Point-in-time
Redeemable common shares TemporaryEquityCarryingAmountAttributableToParent $1.20B USD Point-in-time
Redeemable common shares TemporaryEquityCarryingAmountAttributableToParent $1.19B USD Point-in-time
ACCUMULATED EARNINGS RetainedEarningsAccumulatedDeficit $125.17M USD Point-in-time
ACCUMULATED EARNINGS RetainedEarningsAccumulatedDeficit $13.30M USD Point-in-time
ACCUMULATED OTHER COMPREHENSIVE INCOME AccumulatedOtherComprehensiveIncomeLossNetOfTax $883.00K USD Point-in-time
ACCUMULATED OTHER COMPREHENSIVE INCOME AccumulatedOtherComprehensiveIncomeLossNetOfTax $899.00K USD Point-in-time
TOTAL LiabilitiesAndStockholdersEquity $3.05B USD Point-in-time
TOTAL LiabilitiesAndStockholdersEquity $2.99B USD Point-in-time
Income Statement 7 line items
Line Item Tag Value Unit Period
Beginning balance TemporaryEquityCarryingAmountAttributableToParent $1.20B USD Point-in-time
Beginning balance TemporaryEquityCarryingAmountAttributableToParent $1.19B USD Point-in-time
Net income NetIncomeLossAttributableToRedeemableNoncontrollingInterest $-22.57M USD 1 Quarter
Other comprehensive income OtherComprehensiveIncomeLossTax $-16.00K USD 1 Quarter
Dividends declared at $0.05 per share TemporaryEquityDividendsDeclared $7.82M USD 1 Quarter
Ending balance TemporaryEquityCarryingAmountAttributableToParent $1.20B USD Point-in-time
Ending balance TemporaryEquityCarryingAmountAttributableToParent $1.19B USD Point-in-time
Cash Flow Statement 60 line items
Line Item Tag Value Unit Period
Net income NetIncomeLoss $28.14M USD 1 Quarter
Net income NetIncomeLoss $22.57M USD 1 Quarter
Depreciation and amortization DepreciationAndAmortization $63.90M USD 1 Quarter
Depreciation and amortization DepreciationAndAmortization $67.87M USD 1 Quarter
Gain on sale of property and equipment GainLossOnSaleOfPropertyPlantEquipment $3.82M USD 1 Quarter
Gain on sale of property and equipment GainLossOnSaleOfPropertyPlantEquipment $3.21M USD 1 Quarter
Deferred income taxes DeferredIncomeTaxExpenseBenefit $14.37M USD 1 Quarter
Deferred income taxes DeferredIncomeTaxExpenseBenefit $15.05M USD 1 Quarter
Other noncash items OtherNoncashIncomeExpense $81.00K USD 1 Quarter
Other noncash items OtherNoncashIncomeExpense $-104.00K USD 1 Quarter
Receivables IncreaseDecreaseInReceivables $-51.82M USD 1 Quarter
Receivables IncreaseDecreaseInReceivables $-21.43M USD 1 Quarter
Other assets IncreaseDecreaseInOtherOperatingAssets $22.13M USD 1 Quarter
Other assets IncreaseDecreaseInOtherOperatingAssets $20.51M USD 1 Quarter
Payables IncreaseDecreaseInAccountsPayable $10.09M USD 1 Quarter
Payables IncreaseDecreaseInAccountsPayable $4.33M USD 1 Quarter
Other liabilities IncreaseDecreaseInOperatingLiabilities $-24.05M USD 1 Quarter
Other liabilities IncreaseDecreaseInOperatingLiabilities $-22.46M USD 1 Quarter
Net cash provided by operating activities NetCashProvidedByUsedInOperatingActivitiesContinuingOperations $114.24M USD 1 Quarter
Net cash provided by operating activities NetCashProvidedByUsedInOperatingActivitiesContinuingOperations $89.16M USD 1 Quarter
Purchases of transportation equipment PaymentsToAcquireTransportationEquipment $39.34M USD 1 Quarter
Purchases of transportation equipment PaymentsToAcquireTransportationEquipment $90.80M USD 1 Quarter
Purchases of other property and equipment PaymentsToAcquireOtherPropertyPlantAndEquipment $8.01M USD 1 Quarter
Purchases of other property and equipment PaymentsToAcquireOtherPropertyPlantAndEquipment $7.61M USD 1 Quarter
Proceeds from sale of property and equipment ProceedsFromSaleOfPropertyPlantAndEquipment $10.32M USD 1 Quarter
Proceeds from sale of property and equipment ProceedsFromSaleOfPropertyPlantAndEquipment $15.34M USD 1 Quarter
Proceeds from lease receipts and sale of off-lease inventory ProceedsFromCollectionOfLeaseReceivables $14.64M USD 1 Quarter
Proceeds from lease receipts and sale of off-lease inventory ProceedsFromCollectionOfLeaseReceivables $13.70M USD 1 Quarter
Purchases of lease equipment PaymentsToAcquireEquipmentOnLease $18.36M USD 1 Quarter
Purchases of lease equipment PaymentsToAcquireEquipmentOnLease $23.71M USD 1 Quarter
Sales of marketable securities ProceedsFromSaleAndMaturityOfMarketableSecurities $3.10M USD 1 Quarter
Sales of marketable securities ProceedsFromSaleAndMaturityOfMarketableSecurities $2.10M USD 1 Quarter
Net cash used in investing activities NetCashProvidedByUsedInInvestingActivitiesContinuingOperations $-37.98M USD 1 Quarter
Net cash used in investing activities NetCashProvidedByUsedInInvestingActivitiesContinuingOperations $-90.65M USD 1 Quarter
Payments under revolving credit agreements RepaymentsOfLinesOfCredit $85.00M USD 1 Quarter
Payments under revolving credit agreements RepaymentsOfLinesOfCredit $30.00M USD 1 Quarter
Payments of debt and capital lease obligations RepaymentsOfDebtAndCapitalLeaseObligations $9.89M USD 1 Quarter
Payments of debt and capital lease obligations RepaymentsOfDebtAndCapitalLeaseObligations $892.00K USD 1 Quarter
Dividends on redeemable common shares PaymentsOfDividends $7.82M USD 1 Quarter
Net cash used in financing activities NetCashProvidedByUsedInFinancingActivitiesContinuingOperations $-102.71M USD 1 Quarter
Net cash used in financing activities NetCashProvidedByUsedInFinancingActivitiesContinuingOperations $-30.89M USD 1 Quarter
NET DECREASE IN CASH AND CASH EQUIVALENTS CashAndCashEquivalentsPeriodIncreaseDecrease $-51.53M USD 1 Quarter
NET DECREASE IN CASH AND CASH EQUIVALENTS CashAndCashEquivalentsPeriodIncreaseDecrease $-7.30M USD 1 Quarter
Beginning of period CashAndCashEquivalentsAtCarryingValue $79.26M USD Point-in-time
Beginning of period CashAndCashEquivalentsAtCarryingValue $160.68M USD Point-in-time
Beginning of period CashAndCashEquivalentsAtCarryingValue $130.79M USD Point-in-time
Beginning of period CashAndCashEquivalentsAtCarryingValue $153.38M USD Point-in-time
End of period CashAndCashEquivalentsAtCarryingValue $79.26M USD Point-in-time
End of period CashAndCashEquivalentsAtCarryingValue $160.68M USD Point-in-time
End of period CashAndCashEquivalentsAtCarryingValue $130.79M USD Point-in-time
End of period CashAndCashEquivalentsAtCarryingValue $153.38M USD Point-in-time
Equipment purchases in accounts payable CapitalExpendituresIncurredButNotYetPaid $35.33M USD 1 Quarter
Equipment purchases in accounts payable CapitalExpendituresIncurredButNotYetPaid $65.09M USD 1 Quarter
Costs in accounts payable related to our IPO CostsInAccountsPayableRelatedToIPO $5.15M USD 1 Quarter
Increase in redemption value of redeemable common shares IncreaseDecreaseInRedemptionValueOfRedeemableCommonShares $108.92M USD 1 Quarter
Increase in redemption value of redeemable common shares IncreaseDecreaseInRedemptionValueOfRedeemableCommonShares $126.62M USD 1 Quarter
Interest InterestPaid $6.06M USD 1 Quarter
Interest InterestPaid $5.07M USD 1 Quarter
Income taxes-net of refunds IncomeTaxesPaidNet $15.64M USD 1 Quarter
Income taxes-net of refunds IncomeTaxesPaidNet $36.49M USD 1 Quarter
Stockholders Equity 2 line items
Line Item Tag Value Unit Period
Dividends declared per share CommonStockDividendsPerShareDeclared $0.05 USD 1 Quarter
Dividends declared per share CommonStockDividendsPerShareDeclared - USD 1 Quarter
Comprehensive Income 50 line items
Line Item Tag Value Unit Period
OPERATING REVENUES Revenues $1.01B USD 1 Quarter
OPERATING REVENUES Revenues $928.10M USD 1 Quarter
Purchased transportation CostOfServices $367.33M USD 1 Quarter
Purchased transportation CostOfServices $338.20M USD 1 Quarter
Salaries, wages, and benefits LaborAndRelatedExpense $277.47M USD 1 Quarter
Salaries, wages, and benefits LaborAndRelatedExpense $297.72M USD 1 Quarter
Fuel and fuel taxes FuelCosts $53.41M USD 1 Quarter
Fuel and fuel taxes FuelCosts $73.20M USD 1 Quarter
Depreciation and amortization DepreciationAndAmortization $63.90M USD 1 Quarter
Depreciation and amortization DepreciationAndAmortization $67.87M USD 1 Quarter
Operating supplies and expenses OperatingSuppliesAndExpenses $99.26M USD 1 Quarter
Operating supplies and expenses OperatingSuppliesAndExpenses $106.23M USD 1 Quarter
Insurance and related expenses OperatingInsuranceAndClaimsCostsProduction $18.67M USD 1 Quarter
Insurance and related expenses OperatingInsuranceAndClaimsCostsProduction $21.83M USD 1 Quarter
Other general expenses OtherGeneralExpense $25.17M USD 1 Quarter
Other general expenses OtherGeneralExpense $28.71M USD 1 Quarter
Total operating expenses CostsAndExpenses $876.07M USD 1 Quarter
Total operating expenses CostsAndExpenses $962.89M USD 1 Quarter
INCOME FROM OPERATIONS OperatingIncomeLoss $52.03M USD 1 Quarter
INCOME FROM OPERATIONS OperatingIncomeLoss $43.55M USD 1 Quarter
Interest expense-net InterestExpense $4.80M USD 1 Quarter
Interest expense-net InterestExpense $5.49M USD 1 Quarter
Other-net OtherNonoperatingIncomeExpense $-133.00K USD 1 Quarter
Other-net OtherNonoperatingIncomeExpense $-333.00K USD 1 Quarter
Total nonoperating expenses NonoperatingIncomeExpense $-5.62M USD 1 Quarter
Total nonoperating expenses NonoperatingIncomeExpense $-5.13M USD 1 Quarter
INCOME BEFORE INCOME TAXES IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $46.90M USD 1 Quarter
INCOME BEFORE INCOME TAXES IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $37.93M USD 1 Quarter
PROVISION FOR INCOME TAXES IncomeTaxExpenseBenefit $15.36M USD 1 Quarter
PROVISION FOR INCOME TAXES IncomeTaxExpenseBenefit $18.76M USD 1 Quarter
NET INCOME NetIncomeLoss $28.14M USD 1 Quarter
NET INCOME NetIncomeLoss $22.57M USD 1 Quarter
Foreign currency translation adjustments OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax $121.00K USD 1 Quarter
Foreign currency translation adjustments OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax $-121.00K USD 1 Quarter
Unrealized gain on marketable securities-net of tax MarketableSecuritiesUnrealizedGainLoss $321.00K USD 1 Quarter
Unrealized gain on marketable securities-net of tax MarketableSecuritiesUnrealizedGainLoss $137.00K USD 1 Quarter
Total other comprehensive income OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent $16.00K USD 1 Quarter
Total other comprehensive income OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent $442.00K USD 1 Quarter
COMPREHENSIVE INCOME ComprehensiveIncomeNetOfTax $28.58M USD 1 Quarter
COMPREHENSIVE INCOME ComprehensiveIncomeNetOfTax $22.59M USD 1 Quarter
Weighted average common shares outstanding WeightedAverageNumberOfSharesOutstandingBasic 156.42M shares 1 Quarter
Weighted average common shares outstanding WeightedAverageNumberOfSharesOutstandingBasic 155.70M shares 1 Quarter
Basic earnings per share EarningsPerShareBasic $0.14 USD 1 Quarter
Basic earnings per share EarningsPerShareBasic $0.18 USD 1 Quarter
Weighted average diluted shares outstanding WeightedAverageNumberOfDilutedSharesOutstanding 156.80M shares 1 Quarter
Weighted average diluted shares outstanding WeightedAverageNumberOfDilutedSharesOutstanding 155.81M shares 1 Quarter
Diluted earnings per share EarningsPerShareDiluted $0.14 USD 1 Quarter
Diluted earnings per share EarningsPerShareDiluted $0.18 USD 1 Quarter
Dividends per share of common stock CommonStockDividendsPerShareDeclared $0.05 USD 1 Quarter
Dividends per share of common stock CommonStockDividendsPerShareDeclared - USD 1 Quarter

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

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