10-Q Filing

LANDSTAR SYSTEM INC CIK: 853816 Q3 2018

Filing Information

Form Type	10-Q
Accession Number	`0001193125-18-316558`
Period End Date	20180930
Filing Date	20181102
Fiscal Year	2018
Fiscal Period	Q3
XBRL Instance	lstr-20180929.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 76 Income Statement 84 Cash Flow Statement 71 Stockholders Equity 17 Comprehensive Income 24

Balance Sheet 76 line items

Line Item	Tag	Value	Unit	Period
Allowance on trade accounts receivable	`AllowanceForDoubtfulAccountsReceivableCurrent`	$6.13M	USD	Point-in-time
Allowance on trade accounts receivable	`AllowanceForDoubtfulAccountsReceivableCurrent`	$6.17M	USD	Point-in-time
Allowance on other receivables	`AllowanceForDoubtfulAccountsPremiumsAndOtherReceivables`	$6.19M	USD	Point-in-time
Allowance on other receivables	`AllowanceForDoubtfulAccountsPremiumsAndOtherReceivables`	$6.01M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$213.97M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$242.42M	USD	Point-in-time
Accumulated depreciation and amortization on operating property	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$218.70M	USD	Point-in-time
Accumulated depreciation and amortization on operating property	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$241.32M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$178.90M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$249.74M	USD	Point-in-time
Common stock, par value	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Short-term investments	`ShortTermInvestments`	$40.20M	USD	Point-in-time
Common stock, par value	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Short-term investments	`ShortTermInvestments`	$48.93M	USD	Point-in-time
Trade accounts receivable, less allowance of $6,173 and $6,131	`ReceivablesNetCurrent`	$702.18M	USD	Point-in-time
Common stock, authorized shares	`CommonStockSharesAuthorized`	160.00M	shares	Point-in-time
Trade accounts receivable, less allowance of $6,173 and $6,131	`ReceivablesNetCurrent`	$641.04M	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 $6,188 and $6,012	`OtherReceivables`	$18.59M	USD	Point-in-time
Other receivables, including advances to independent contractors, less allowance of $6,188 and $6,012	`OtherReceivables`	$24.30M	USD	Point-in-time
Common stock, issued shares	`CommonStockSharesIssued`	67.87M	shares	Point-in-time
Common stock, issued shares	`CommonStockSharesIssued`	67.74M	shares	Point-in-time
Other current assets	`OtherAssetsCurrent`	$13.93M	USD	Point-in-time
Treasury stock, shares	`TreasuryStockShares`	26.76M	shares	Point-in-time
Treasury stock, shares	`TreasuryStockShares`	25.75M	shares	Point-in-time
Other current assets	`OtherAssetsCurrent`	$24.19M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$961.20M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$999.14M	USD	Point-in-time
Operating property, less accumulated depreciation and amortization of $241,321 and $218,700	`PropertyPlantAndEquipmentNet`	$276.01M	USD	Point-in-time
Operating property, less accumulated depreciation and amortization of $241,321 and $218,700	`PropertyPlantAndEquipmentNet`	$268.01M	USD	Point-in-time
Goodwill	`Goodwill`	$39.06M	USD	Point-in-time
Goodwill	`Goodwill`	$39.91M	USD	Point-in-time
Goodwill	`Goodwill`	$38.56M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$76.18M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$85.00M	USD	Point-in-time
Total assets	`Assets`	$1.35B	USD	Point-in-time
Total assets	`Assets`	$1.39B	USD	Point-in-time
Cash overdraft	`BankOverdrafts`	$39.76M	USD	Point-in-time
Cash overdraft	`BankOverdrafts`	$42.24M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$293.77M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$313.73M	USD	Point-in-time
Current maturities of long-term debt	`CapitalLeaseObligationsCurrent`	$42.05M	USD	Point-in-time
Current maturities of long-term debt	`CapitalLeaseObligationsCurrent`	$40.96M	USD	Point-in-time
Insurance claims	`SelfInsuranceReserveCurrent`	$38.92M	USD	Point-in-time
Insurance claims	`SelfInsuranceReserveCurrent`	$43.27M	USD	Point-in-time
Dividends payable	`DividendsPayableCurrent`	$62.98M	USD	Point-in-time
Accrued compensation	`EmployeeRelatedLiabilitiesCurrent`	$23.91M	USD	Point-in-time
Accrued compensation	`EmployeeRelatedLiabilitiesCurrent`	$30.10M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$53.55M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$47.21M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$548.64M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$515.18M	USD	Point-in-time
Long-term debt, excluding current maturities	`CapitalLeaseObligationsNoncurrent`	$83.06M	USD	Point-in-time
Long-term debt, excluding current maturities	`CapitalLeaseObligationsNoncurrent`	$72.89M	USD	Point-in-time
Insurance claims	`SelfInsuranceReserveNoncurrent`	$30.14M	USD	Point-in-time
Insurance claims	`SelfInsuranceReserveNoncurrent`	$30.77M	USD	Point-in-time
Deferred income taxes and other noncurrent liabilities	`DeferredIncomeTaxesAndOtherLiabilitiesNoncurrent`	$36.74M	USD	Point-in-time
Deferred income taxes and other noncurrent liabilities	`DeferredIncomeTaxesAndOtherLiabilitiesNoncurrent`	$45.66M	USD	Point-in-time
Landstar System, Inc. and subsidiary shareholders' equity Common stock, $0.01 par value, authorized 160,000,000 shares, issued 67,869,378 and 67,740,380 shares	`CommonStockValue`	$679.00K	USD	Point-in-time
Landstar System, Inc. and subsidiary shareholders' equity Common stock, $0.01 par value, authorized 160,000,000 shares, issued 67,869,378 and 67,740,380 shares	`CommonStockValue`	$677.00K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$209.60M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$221.56M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$1.61B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$1.78B	USD	Point-in-time
Cost of 26,755,001 and 25,749,493 shares of common stock in treasury	`TreasuryStockValue`	$1.17B	USD	Point-in-time
Cost of 26,755,001 and 25,749,493 shares of common stock in treasury	`TreasuryStockValue`	$1.27B	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-3.16M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-4.57M	USD	Point-in-time
Total Landstar System, Inc. and subsidiary shareholders' equity	`StockholdersEquity`	$650.67M	USD	Point-in-time
Total Landstar System, Inc. and subsidiary shareholders' equity	`StockholdersEquity`	$723.84M	USD	Point-in-time
Noncontrolling interest	`MinorityInterest`	$2.37M	USD	Point-in-time
Noncontrolling interest	`MinorityInterest`	$3.21M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$726.21M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$653.88M	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$1.35B	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$1.39B	USD	Point-in-time

Income Statement 84 line items

Line Item	Tag	Value	Unit	Period
Revenue	`Revenues`	$3.43B	USD	3 Qtrs
Revenue	`Revenues`	$1.20B	USD	1 Quarter
Revenue	`Revenues`	$943.43M	USD	1 Quarter
Revenue	`Revenues`	$2.59B	USD	3 Qtrs
Investment income	`InterestIncomeOperating`	$2.75M	USD	3 Qtrs
Investment income	`InterestIncomeOperating`	$1.73M	USD	3 Qtrs
Investment income	`InterestIncomeOperating`	$711.00K	USD	1 Quarter
Investment income	`InterestIncomeOperating`	$1.00M	USD	1 Quarter
Purchased transportation	`PurchasedTransportationCosts`	$2.66B	USD	3 Qtrs
Purchased transportation	`PurchasedTransportationCosts`	$1.99B	USD	3 Qtrs
Purchased transportation	`PurchasedTransportationCosts`	$726.83M	USD	1 Quarter
Purchased transportation	`PurchasedTransportationCosts`	$931.47M	USD	1 Quarter
Commissions to agents	`SalesCommissionsAndFees`	$275.83M	USD	3 Qtrs
Commissions to agents	`SalesCommissionsAndFees`	$99.30M	USD	1 Quarter
Commissions to agents	`SalesCommissionsAndFees`	$210.68M	USD	3 Qtrs
Commissions to agents	`SalesCommissionsAndFees`	$76.60M	USD	1 Quarter
Other operating costs, net of gains on asset sales/dispositions	`OtherCostAndExpenseOperating`	$8.97M	USD	1 Quarter
Other operating costs, net of gains on asset sales/dispositions	`OtherCostAndExpenseOperating`	$22.50M	USD	3 Qtrs
Other operating costs, net of gains on asset sales/dispositions	`OtherCostAndExpenseOperating`	$8.10M	USD	1 Quarter
Other operating costs, net of gains on asset sales/dispositions	`OtherCostAndExpenseOperating`	$24.18M	USD	3 Qtrs
Insurance and claims	`OperatingInsuranceAndClaimsCostsProduction`	$57.72M	USD	3 Qtrs
Insurance and claims	`OperatingInsuranceAndClaimsCostsProduction`	$17.93M	USD	1 Quarter
Insurance and claims	`OperatingInsuranceAndClaimsCostsProduction`	$18.82M	USD	1 Quarter
Insurance and claims	`OperatingInsuranceAndClaimsCostsProduction`	$46.33M	USD	3 Qtrs
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$46.70M	USD	1 Quarter
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$123.18M	USD	3 Qtrs
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$140.95M	USD	3 Qtrs
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$43.99M	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$10.75M	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$29.96M	USD	3 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$32.52M	USD	3 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$10.13M	USD	1 Quarter
Total costs and expenses	`CostsAndExpenses`	$1.12B	USD	1 Quarter
Total costs and expenses	`CostsAndExpenses`	$2.42B	USD	3 Qtrs
Total costs and expenses	`CostsAndExpenses`	$883.57M	USD	1 Quarter
Total costs and expenses	`CostsAndExpenses`	$3.19B	USD	3 Qtrs
Operating income	`OperatingIncomeLoss`	$60.57M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$173.92M	USD	3 Qtrs
Operating income	`OperatingIncomeLoss`	$87.07M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$245.65M	USD	3 Qtrs
Interest and debt expense	`InterestAndDebtExpense`	$2.56M	USD	3 Qtrs
Interest and debt expense	`InterestAndDebtExpense`	$657.00K	USD	1 Quarter
Interest and debt expense	`InterestAndDebtExpense`	$816.00K	USD	1 Quarter
Interest and debt expense	`InterestAndDebtExpense`	$2.46M	USD	3 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$86.25M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$171.36M	USD	3 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$59.91M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$243.19M	USD	3 Qtrs
Income taxes	`IncomeTaxExpenseBenefit`	$59.05M	USD	3 Qtrs
Income taxes	`IncomeTaxExpenseBenefit`	$19.30M	USD	1 Quarter
Income taxes	`IncomeTaxExpenseBenefit`	$17.49M	USD	1 Quarter
Income taxes	`IncomeTaxExpenseBenefit`	$56.28M	USD	3 Qtrs
Net income	`ProfitLoss`	$42.42M	USD	1 Quarter
Net income	`ProfitLoss`	$112.31M	USD	3 Qtrs
Net income	`ProfitLoss`	$186.91M	USD	3 Qtrs
Net income	`ProfitLoss`	$66.95M	USD	1 Quarter
Less: Net loss attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$-23.00K	USD	1 Quarter
Less: Net loss attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$-37.00K	USD	1 Quarter
Less: Net loss attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$-23.00K	USD	3 Qtrs
Less: Net loss attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$-112.00K	USD	3 Qtrs
Net income attributable to Landstar System, Inc. and subsidiary	`NetIncomeLoss`	$112.34M	USD	3 Qtrs
Net income attributable to Landstar System, Inc. and subsidiary	`NetIncomeLoss`	$187.03M	USD	3 Qtrs
Net income attributable to Landstar System, Inc. and subsidiary	`NetIncomeLoss`	$42.44M	USD	1 Quarter
Net income attributable to Landstar System, Inc. and subsidiary	`NetIncomeLoss`	$66.98M	USD	1 Quarter
Earnings per common share attributable to Landstar System, Inc. and subsidiary	`EarningsPerShareBasic`	$1.01	USD	1 Quarter
Earnings per common share attributable to Landstar System, Inc. and subsidiary	`EarningsPerShareBasic`	$2.68	USD	3 Qtrs
Earnings per common share attributable to Landstar System, Inc. and subsidiary	`EarningsPerShareBasic`	$1.63	USD	1 Quarter
Earnings per common share attributable to Landstar System, Inc. and subsidiary	`EarningsPerShareBasic`	$4.50	USD	3 Qtrs
Diluted earnings per share attributable to Landstar System, Inc. and subsidiary	`EarningsPerShareDiluted`	$1.63	USD	1 Quarter
Diluted earnings per share attributable to Landstar System, Inc. and subsidiary	`EarningsPerShareDiluted`	$2.67	USD	3 Qtrs
Diluted earnings per share attributable to Landstar System, Inc. and subsidiary	`EarningsPerShareDiluted`	$4.50	USD	3 Qtrs
Diluted earnings per share attributable to Landstar System, Inc. and subsidiary	`EarningsPerShareDiluted`	$1.01	USD	1 Quarter
Earnings per common share	`WeightedAverageNumberOfSharesOutstandingBasic`	41.92M	shares	3 Qtrs
Earnings per common share	`WeightedAverageNumberOfSharesOutstandingBasic`	41.10M	shares	1 Quarter
Earnings per common share	`WeightedAverageNumberOfSharesOutstandingBasic`	41.53M	shares	3 Qtrs
Earnings per common share	`WeightedAverageNumberOfSharesOutstandingBasic`	41.96M	shares	1 Quarter
Diluted earnings per share	`WeightedAverageNumberOfDilutedSharesOutstanding`	42.03M	shares	1 Quarter
Diluted earnings per share	`WeightedAverageNumberOfDilutedSharesOutstanding`	42.01M	shares	3 Qtrs
Diluted earnings per share	`WeightedAverageNumberOfDilutedSharesOutstanding`	41.58M	shares	3 Qtrs
Diluted earnings per share	`WeightedAverageNumberOfDilutedSharesOutstanding`	41.14M	shares	1 Quarter
Dividends per common share	`CommonStockDividendsPerShareDeclared`	$0.47	USD	3 Qtrs
Dividends per common share	`CommonStockDividendsPerShareDeclared`	$0.28	USD	3 Qtrs
Dividends per common share	`CommonStockDividendsPerShareDeclared`	$0.10	USD	1 Quarter
Dividends per common share	`CommonStockDividendsPerShareDeclared`	$0.17	USD	1 Quarter

Cash Flow Statement 71 line items

Line Item	Tag	Value	Unit	Period
Net income	`ProfitLoss`	$42.42M	USD	1 Quarter
Net income	`ProfitLoss`	$112.31M	USD	3 Qtrs
Net income	`ProfitLoss`	$186.91M	USD	3 Qtrs
Net income	`ProfitLoss`	$66.95M	USD	1 Quarter
Depreciation and amortization of operating property and intangible assets	`DepreciationAndAmortization`	$10.75M	USD	1 Quarter
Depreciation and amortization of operating property and intangible assets	`DepreciationAndAmortization`	$29.96M	USD	3 Qtrs
Depreciation and amortization of operating property and intangible assets	`DepreciationAndAmortization`	$32.52M	USD	3 Qtrs
Depreciation and amortization of operating property and intangible assets	`DepreciationAndAmortization`	$10.13M	USD	1 Quarter
Non-cash interest charges	`AmortizationOfDeferredCharges`	$189.00K	USD	3 Qtrs
Non-cash interest charges	`AmortizationOfDeferredCharges`	$190.00K	USD	3 Qtrs
Provisions for losses on trade and other accounts receivable	`ProvisionForDoubtfulAccounts`	$5.64M	USD	3 Qtrs
Provisions for losses on trade and other accounts receivable	`ProvisionForDoubtfulAccounts`	$5.36M	USD	3 Qtrs
Gains on sales/disposals of operating property	`GainLossOnSaleOfPropertyPlantEquipment`	$900.00K	USD	3 Qtrs
Gains on sales/disposals of operating property	`GainLossOnSaleOfPropertyPlantEquipment`	$1.02M	USD	3 Qtrs
Deferred income taxes, net	`IncreaseDecreaseInDeferredIncomeTaxes`	$708.00K	USD	3 Qtrs
Deferred income taxes, net	`IncreaseDecreaseInDeferredIncomeTaxes`	$-7.46M	USD	3 Qtrs
Stock-based compensation	`ShareBasedCompensation`	$3.66M	USD	3 Qtrs
Stock-based compensation	`ShareBasedCompensation`	$13.00M	USD	3 Qtrs
Stock-based compensation	`ShareBasedCompensation`	$4.90M	USD	1 Quarter
Stock-based compensation	`ShareBasedCompensation`	$1.42M	USD	1 Quarter
Increase in trade and other accounts receivable	`IncreaseDecreaseInReceivables`	$89.50M	USD	3 Qtrs
Increase in trade and other accounts receivable	`IncreaseDecreaseInReceivables`	$60.78M	USD	3 Qtrs
Increase in other assets	`IncreaseDecreaseInOtherOperatingAssets`	$9.78M	USD	3 Qtrs
Increase in other assets	`IncreaseDecreaseInOtherOperatingAssets`	$8.67M	USD	3 Qtrs
Increase in accounts payable	`IncreaseDecreaseInAccountsPayable`	$53.29M	USD	3 Qtrs
Increase in accounts payable	`IncreaseDecreaseInAccountsPayable`	$22.12M	USD	3 Qtrs
Increase in other liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$12.98M	USD	3 Qtrs
Increase in other liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$3.25M	USD	3 Qtrs
Increase in insurance claims	`IncreaseDecreaseInInsuranceLiabilities`	$14.01M	USD	3 Qtrs
Increase in insurance claims	`IncreaseDecreaseInInsuranceLiabilities`	$4.98M	USD	3 Qtrs
NET CASH PROVIDED BY OPERATING ACTIVITIES	`NetCashProvidedByUsedInOperatingActivities`	$132.26M	USD	3 Qtrs
NET CASH PROVIDED BY OPERATING ACTIVITIES	`NetCashProvidedByUsedInOperatingActivities`	$204.21M	USD	3 Qtrs
Sales and maturities of investments	`ProceedsFromSaleAndMaturityOfMarketableSecurities`	$34.26M	USD	3 Qtrs
Sales and maturities of investments	`ProceedsFromSaleAndMaturityOfMarketableSecurities`	$42.92M	USD	3 Qtrs
Purchases of investments	`PaymentsToAcquireMarketableSecurities`	$36.30M	USD	3 Qtrs
Purchases of investments	`PaymentsToAcquireMarketableSecurities`	$44.42M	USD	3 Qtrs
Purchases of operating property	`PaymentsToAcquirePropertyPlantAndEquipment`	$2.17M	USD	1 Quarter
Purchases of operating property	`PaymentsToAcquirePropertyPlantAndEquipment`	$3.20M	USD	1 Quarter
Purchases of operating property	`PaymentsToAcquirePropertyPlantAndEquipment`	$7.33M	USD	3 Qtrs
Purchases of operating property	`PaymentsToAcquirePropertyPlantAndEquipment`	$8.80M	USD	3 Qtrs
Proceeds from sales of operating property	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$3.59M	USD	3 Qtrs
Proceeds from sales of operating property	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$3.54M	USD	3 Qtrs
Consideration paid for acquisitions	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$8.20M	USD	3 Qtrs
NET CASH USED BY INVESTING ACTIVITIES	`NetCashProvidedByUsedInInvestingActivities`	$-14.91M	USD	3 Qtrs
NET CASH USED BY INVESTING ACTIVITIES	`NetCashProvidedByUsedInInvestingActivities`	$-5.82M	USD	3 Qtrs
Decrease in cash overdraft	`ProceedsFromRepaymentsOfBankOverdrafts`	$-2.48M	USD	3 Qtrs
Decrease in cash overdraft	`ProceedsFromRepaymentsOfBankOverdrafts`	$-2.40M	USD	3 Qtrs
Dividends paid	`PaymentsOfDividends`	$11.74M	USD	3 Qtrs
Dividends paid	`PaymentsOfDividends`	$82.26M	USD	3 Qtrs
Proceeds from exercises of stock options	`ProceedsFromStockOptionsExercised`	$2.53M	USD	3 Qtrs
Proceeds from exercises of stock options	`ProceedsFromStockOptionsExercised`	$1.40M	USD	3 Qtrs
Taxes paid in lieu of shares issued related to stock-based compensation plans	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$3.94M	USD	3 Qtrs
Taxes paid in lieu of shares issued related to stock-based compensation plans	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$371.00K	USD	3 Qtrs
Purchases of common stock	`PaymentsForRepurchaseOfCommonStock`	$105.49M	USD	3 Qtrs
Principal payments on capital lease obligations	`RepaymentsOfLongTermDebtAndCapitalSecurities`	$32.66M	USD	3 Qtrs
Principal payments on capital lease obligations	`RepaymentsOfLongTermDebtAndCapitalSecurities`	$35.66M	USD	3 Qtrs
Payment of contingent consideration	`PaymentForContingentConsiderationLiabilityFinancingActivities`	$985.00K	USD	3 Qtrs
NET CASH USED BY FINANCING ACTIVITIES	`NetCashProvidedByUsedInFinancingActivities`	$-226.42M	USD	3 Qtrs
NET CASH USED BY FINANCING ACTIVITIES	`NetCashProvidedByUsedInFinancingActivities`	$-47.64M	USD	3 Qtrs
Effect of exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashAndCashEquivalents`	$-408.00K	USD	3 Qtrs
Effect of exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashAndCashEquivalents`	$1.13M	USD	3 Qtrs
(Decrease) increase in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$70.84M	USD	3 Qtrs
(Decrease) increase in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-28.44M	USD	3 Qtrs
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$213.97M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$242.42M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$178.90M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$249.74M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$213.97M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$242.42M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$178.90M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$249.74M	USD	Point-in-time

Stockholders Equity 17 line items

Line Item	Tag	Value	Unit	Period
Dividends per common share	`CommonStockDividendsPerShareDeclared`	$0.47	USD	3 Qtrs
Dividends per common share	`CommonStockDividendsPerShareDeclared`	$0.28	USD	3 Qtrs
Dividends per common share	`CommonStockDividendsPerShareDeclared`	$0.10	USD	1 Quarter
Dividends per common share	`CommonStockDividendsPerShareDeclared`	$0.17	USD	1 Quarter
Beginning Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$726.21M	USD	Point-in-time
Beginning Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$653.88M	USD	Point-in-time
Net income (loss)	`ProfitLoss`	$42.42M	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$112.31M	USD	3 Qtrs
Net income (loss)	`ProfitLoss`	$186.91M	USD	3 Qtrs
Net income (loss)	`ProfitLoss`	$66.95M	USD	1 Quarter
Dividends	`DividendsCommonStockCash`	$19.28M	USD	3 Qtrs
Purchases of common stock	`TreasuryStockValueAcquiredCostMethod`	$105.49M	USD	3 Qtrs
Issuance of stock related to stock-based compensation plans	`StockIssuedDuringPeriodValueShareBasedCompensation`	$-2.54M	USD	3 Qtrs
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$13.00M	USD	3 Qtrs
Other comprehensive (loss) income	`OtherComprehensiveIncomeLossNetOfTax`	$-1.05M	USD	3 Qtrs
Ending Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$726.21M	USD	Point-in-time
Ending Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$653.88M	USD	Point-in-time

Comprehensive Income 24 line items

Line Item	Tag	Value	Unit	Period
Net income attributable to Landstar System, Inc. and subsidiary	`NetIncomeLoss`	$112.34M	USD	3 Qtrs
Net income attributable to Landstar System, Inc. and subsidiary	`NetIncomeLoss`	$187.03M	USD	3 Qtrs
Unrealized holding (losses) gains on available-for-sale investments, tax (benefit) expense	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesTax`	$136.00K	USD	3 Qtrs
Net income attributable to Landstar System, Inc. and subsidiary	`NetIncomeLoss`	$42.44M	USD	1 Quarter
Unrealized holding (losses) gains on available-for-sale investments, tax (benefit) expense	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesTax`	$2.00K	USD	1 Quarter
Net income attributable to Landstar System, Inc. and subsidiary	`NetIncomeLoss`	$66.98M	USD	1 Quarter
Unrealized holding (losses) gains on available-for-sale investments, tax (benefit) expense	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesTax`	$47.00K	USD	1 Quarter
Unrealized holding (losses) gains on available-for-sale investments, tax (benefit) expense	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesTax`	$-231.00K	USD	3 Qtrs
Unrealized holding (losses) gains on available-for-sale investments, net of tax (benefit) expense of ($231), $136, $2 and $47	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$86.00K	USD	1 Quarter
Unrealized holding (losses) gains on available-for-sale investments, net of tax (benefit) expense of ($231), $136, $2 and $47	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-876.00K	USD	3 Qtrs
Unrealized holding (losses) gains on available-for-sale investments, net of tax (benefit) expense of ($231), $136, $2 and $47	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$7.00K	USD	1 Quarter
Unrealized holding (losses) gains on available-for-sale investments, net of tax (benefit) expense of ($231), $136, $2 and $47	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$251.00K	USD	3 Qtrs
Foreign currency translation (losses) gains	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$1.13M	USD	3 Qtrs
Foreign currency translation (losses) gains	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$545.00K	USD	1 Quarter
Foreign currency translation (losses) gains	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$708.00K	USD	1 Quarter
Foreign currency translation (losses) gains	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-531.00K	USD	3 Qtrs
Other comprehensive (loss) income	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$1.38M	USD	3 Qtrs
Other comprehensive (loss) income	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$715.00K	USD	1 Quarter
Other comprehensive (loss) income	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-1.41M	USD	3 Qtrs
Other comprehensive (loss) income	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$631.00K	USD	1 Quarter
Comprehensive income attributable to Landstar System, Inc. and subsidiary	`ComprehensiveIncomeNetOfTax`	$67.70M	USD	1 Quarter
Comprehensive income attributable to Landstar System, Inc. and subsidiary	`ComprehensiveIncomeNetOfTax`	$185.62M	USD	3 Qtrs
Comprehensive income attributable to Landstar System, Inc. and subsidiary	`ComprehensiveIncomeNetOfTax`	$43.07M	USD	1 Quarter
Comprehensive income attributable to Landstar System, Inc. and subsidiary	`ComprehensiveIncomeNetOfTax`	$113.72M	USD	3 Qtrs

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