10-Q Filing

LANDSTAR SYSTEM INC CIK: 853816 Q2 2019

Filing Information

Form Type	10-Q
Accession Number	`0001193125-19-211641`
Period End Date	20190630
Filing Date	20190802
Fiscal Year	2019
Fiscal Period	Q2
XBRL Instance	d753612d10q_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 80 Income Statement 88 Cash Flow Statement 74 Stockholders Equity 46 Comprehensive Income 24

Balance Sheet 80 line items

Line Item	Tag	Value	Unit	Period
Allowance on trade accounts receivable	`AllowanceForDoubtfulAccountsReceivableCurrent`	$6.41M	USD	Point-in-time
Allowance on trade accounts receivable	`AllowanceForDoubtfulAccountsReceivableCurrent`	$6.74M	USD	Point-in-time
Allowance on other receivables	`AllowanceForDoubtfulAccountsPremiumsAndOtherReceivables`	$7.73M	USD	Point-in-time
Allowance on other receivables	`AllowanceForDoubtfulAccountsPremiumsAndOtherReceivables`	$6.22M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$148.64M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$199.74M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$250.21M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$242.42M	USD	Point-in-time
Accumulated depreciation and amortization on operating property	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$250.15M	USD	Point-in-time
Accumulated depreciation and amortization on operating property	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$264.91M	USD	Point-in-time
Common stock, par value	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Short-term investments	`ShortTermInvestments`	$40.06M	USD	Point-in-time
Short-term investments	`ShortTermInvestments`	$35.14M	USD	Point-in-time
Common stock, par value	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Trade accounts receivable, less allowance of $6,744 and $6,413	`ReceivablesNetCurrent`	$691.60M	USD	Point-in-time
Common stock, authorized shares	`CommonStockSharesAuthorized`	160.00M	shares	Point-in-time
Trade accounts receivable, less allowance of $6,744 and $6,413	`ReceivablesNetCurrent`	$594.12M	USD	Point-in-time
Common stock, authorized shares	`CommonStockSharesAuthorized`	160.00M	shares	Point-in-time
Common stock, issued shares	`CommonStockSharesIssued`	67.87M	shares	Point-in-time
Other receivables, including advances to independent contractors, less allowance of $7,729 and $6,216	`OtherReceivables`	$27.21M	USD	Point-in-time
Common stock, issued shares	`CommonStockSharesIssued`	68.06M	shares	Point-in-time
Other receivables, including advances to independent contractors, less allowance of $7,729 and $6,216	`OtherReceivables`	$23.74M	USD	Point-in-time
Treasury stock, shares	`TreasuryStockShares`	28.44M	shares	Point-in-time
Other current assets	`OtherAssetsCurrent`	$32.62M	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$16.29M	USD	Point-in-time
Treasury stock, shares	`TreasuryStockShares`	27.76M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$971.43M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$939.30M	USD	Point-in-time
Operating property, less accumulated depreciation and amortization of $264,910 and $250,153	`PropertyPlantAndEquipmentNet`	$284.03M	USD	Point-in-time
Operating property, less accumulated depreciation and amortization of $264,910 and $250,153	`PropertyPlantAndEquipmentNet`	$269.25M	USD	Point-in-time
Goodwill	`Goodwill`	$38.70M	USD	Point-in-time
Goodwill	`Goodwill`	$38.41M	USD	Point-in-time
Goodwill	`Goodwill`	$38.23M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$86.87M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$101.74M	USD	Point-in-time
Total assets	`Assets`	$1.38B	USD	Point-in-time
Total assets	`Assets`	$1.35B	USD	Point-in-time
Cash overdraft	`BankOverdrafts`	$55.34M	USD	Point-in-time
Cash overdraft	`BankOverdrafts`	$43.62M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$314.13M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$285.57M	USD	Point-in-time
Current maturities of long-term debt	`CapitalLeaseObligationsCurrent`	$43.56M	USD	Point-in-time
Current maturities of long-term debt	`CapitalLeaseObligationsCurrent`	$39.19M	USD	Point-in-time
Insurance claims	`SelfInsuranceReserveCurrent`	$40.18M	USD	Point-in-time
Insurance claims	`SelfInsuranceReserveCurrent`	$41.25M	USD	Point-in-time
Accrued compensation	`EmployeeRelatedLiabilitiesCurrent`	$29.49M	USD	Point-in-time
Accrued compensation	`EmployeeRelatedLiabilitiesCurrent`	$11.37M	USD	Point-in-time
Contractor escrow	`ContractorEscrow`	$25.20M	USD	Point-in-time
Contractor escrow	`ContractorEscrow`	$25.53M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$27.92M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$27.71M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$535.82M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$474.25M	USD	Point-in-time
Long-term debt, excluding current maturities	`CapitalLeaseObligationsNoncurrent`	$65.57M	USD	Point-in-time
Long-term debt, excluding current maturities	`CapitalLeaseObligationsNoncurrent`	$84.86M	USD	Point-in-time
Insurance claims	`SelfInsuranceReserveNoncurrent`	$31.02M	USD	Point-in-time
Insurance claims	`SelfInsuranceReserveNoncurrent`	$30.43M	USD	Point-in-time
Deferred income taxes and other noncurrent liabilities	`DeferredIncomeTaxesAndOtherLiabilitiesNoncurrent`	$40.32M	USD	Point-in-time
Deferred income taxes and other noncurrent liabilities	`DeferredIncomeTaxesAndOtherLiabilitiesNoncurrent`	$49.55M	USD	Point-in-time
Landstar System, Inc. and subsidiary shareholders' equity Common stock, $0.01 par value, authorized 160,000,000 shares, issued 68,064,877 and 67,870,962 shares	`CommonStockValue`	$681.00K	USD	Point-in-time
Landstar System, Inc. and subsidiary shareholders' equity Common stock, $0.01 par value, authorized 160,000,000 shares, issued 68,064,877 and 67,870,962 shares	`CommonStockValue`	$679.00K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$224.55M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$226.85M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$1.95B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$1.84B	USD	Point-in-time
Cost of 28,435,182 and 27,755,001 shares of common stock in treasury	`TreasuryStockValue`	$1.45B	USD	Point-in-time
Cost of 28,435,182 and 27,755,001 shares of common stock in treasury	`TreasuryStockValue`	$1.38B	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-2.94M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-5.88M	USD	Point-in-time
Total Landstar System, Inc. and subsidiary shareholders' equity	`StockholdersEquity`	$686.82M	USD	Point-in-time
Total Landstar System, Inc. and subsidiary shareholders' equity	`StockholdersEquity`	$728.30M	USD	Point-in-time
Noncontrolling interest	`MinorityInterest`	$2.31M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$728.30M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$706.28M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$660.93M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$653.88M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$728.26M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$689.13M	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$1.38B	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$1.35B	USD	Point-in-time

Income Statement 88 line items

Line Item	Tag	Value	Unit	Period
Revenue	`Revenues`	$2.08B	USD	2 Qtrs
Revenue	`Revenues`	$2.23B	USD	2 Qtrs
Revenue	`Revenues`	$1.05B	USD	1 Quarter
Revenue	`Revenues`	$1.18B	USD	1 Quarter
Investment income	`InterestIncomeOperating`	$1.75M	USD	2 Qtrs
Investment income	`InterestIncomeOperating`	$891.00K	USD	1 Quarter
Investment income	`InterestIncomeOperating`	$2.42M	USD	2 Qtrs
Investment income	`InterestIncomeOperating`	$1.28M	USD	1 Quarter
Purchased transportation	`PurchasedTransportationCosts`	$799.37M	USD	1 Quarter
Purchased transportation	`PurchasedTransportationCosts`	$916.94M	USD	1 Quarter
Purchased transportation	`PurchasedTransportationCosts`	$1.73B	USD	2 Qtrs
Purchased transportation	`PurchasedTransportationCosts`	$1.59B	USD	2 Qtrs
Commissions to agents	`SalesCommissionsAndFees`	$176.52M	USD	2 Qtrs
Commissions to agents	`SalesCommissionsAndFees`	$94.40M	USD	1 Quarter
Commissions to agents	`SalesCommissionsAndFees`	$173.29M	USD	2 Qtrs
Commissions to agents	`SalesCommissionsAndFees`	$87.62M	USD	1 Quarter
Other operating costs, net of gains on asset sales/dispositions	`OtherCostAndExpenseOperating`	$18.10M	USD	2 Qtrs
Other operating costs, net of gains on asset sales/dispositions	`OtherCostAndExpenseOperating`	$7.61M	USD	1 Quarter
Other operating costs, net of gains on asset sales/dispositions	`OtherCostAndExpenseOperating`	$9.86M	USD	1 Quarter
Other operating costs, net of gains on asset sales/dispositions	`OtherCostAndExpenseOperating`	$15.21M	USD	2 Qtrs
Insurance and claims	`OperatingInsuranceAndClaimsCostsProduction`	$31.28M	USD	2 Qtrs
Insurance and claims	`OperatingInsuranceAndClaimsCostsProduction`	$21.54M	USD	1 Quarter
Insurance and claims	`OperatingInsuranceAndClaimsCostsProduction`	$16.29M	USD	1 Quarter
Insurance and claims	`OperatingInsuranceAndClaimsCostsProduction`	$38.90M	USD	2 Qtrs
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$49.00M	USD	1 Quarter
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$94.25M	USD	2 Qtrs
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$41.30M	USD	1 Quarter
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$82.56M	USD	2 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$11.03M	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$22.35M	USD	2 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$21.77M	USD	2 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$10.77M	USD	1 Quarter
Total costs and expenses	`CostsAndExpenses`	$2.07B	USD	2 Qtrs
Total costs and expenses	`CostsAndExpenses`	$1.92B	USD	2 Qtrs
Total costs and expenses	`CostsAndExpenses`	$965.47M	USD	1 Quarter
Total costs and expenses	`CostsAndExpenses`	$1.10B	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$83.43M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$158.58M	USD	2 Qtrs
Operating income	`OperatingIncomeLoss`	$161.75M	USD	2 Qtrs
Operating income	`OperatingIncomeLoss`	$80.85M	USD	1 Quarter
Interest and debt expense	`InterestAndDebtExpense`	$1.64M	USD	2 Qtrs
Interest and debt expense	`InterestAndDebtExpense`	$709.00K	USD	1 Quarter
Interest and debt expense	`InterestAndDebtExpense`	$1.51M	USD	2 Qtrs
Interest and debt expense	`InterestAndDebtExpense`	$839.00K	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$82.59M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$80.14M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$156.94M	USD	2 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$160.23M	USD	2 Qtrs
Income taxes	`IncomeTaxExpenseBenefit`	$20.09M	USD	1 Quarter
Income taxes	`IncomeTaxExpenseBenefit`	$19.04M	USD	1 Quarter
Income taxes	`IncomeTaxExpenseBenefit`	$36.98M	USD	2 Qtrs
Income taxes	`IncomeTaxExpenseBenefit`	$35.83M	USD	2 Qtrs
Net income	`ProfitLoss`	$63.30M	USD	1 Quarter
Net income	`ProfitLoss`	$57.47M	USD	1 Quarter
Net income	`ProfitLoss`	$124.40M	USD	2 Qtrs
Net income	`ProfitLoss`	$61.10M	USD	1 Quarter
Net income	`ProfitLoss`	$62.49M	USD	1 Quarter
Net income	`ProfitLoss`	$119.97M	USD	2 Qtrs
Less: Net loss attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$-31.00K	USD	1 Quarter
Less: Net loss attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$-17.00K	USD	2 Qtrs
Less: Net loss attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	-	USD	1 Quarter
Less: Net loss attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$-75.00K	USD	2 Qtrs
Net income attributable to Landstar System, Inc. and subsidiary	`NetIncomeLoss`	$62.52M	USD	1 Quarter
Net income attributable to Landstar System, Inc. and subsidiary	`NetIncomeLoss`	$120.04M	USD	2 Qtrs
Net income attributable to Landstar System, Inc. and subsidiary	`NetIncomeLoss`	$61.10M	USD	1 Quarter
Net income attributable to Landstar System, Inc. and subsidiary	`NetIncomeLoss`	$124.42M	USD	2 Qtrs
Earnings per common share attributable to Landstar System, Inc. and subsidiary	`EarningsPerShareBasic`	$2.88	USD	2 Qtrs
Earnings per common share attributable to Landstar System, Inc. and subsidiary	`EarningsPerShareBasic`	$1.51	USD	1 Quarter
Earnings per common share attributable to Landstar System, Inc. and subsidiary	`EarningsPerShareBasic`	$1.53	USD	1 Quarter
Earnings per common share attributable to Landstar System, Inc. and subsidiary	`EarningsPerShareBasic`	$3.11	USD	2 Qtrs
Diluted earnings per share attributable to Landstar System, Inc. and subsidiary	`EarningsPerShareDiluted`	$2.87	USD	2 Qtrs
Diluted earnings per share attributable to Landstar System, Inc. and subsidiary	`EarningsPerShareDiluted`	$1.51	USD	1 Quarter
Diluted earnings per share attributable to Landstar System, Inc. and subsidiary	`EarningsPerShareDiluted`	$3.11	USD	2 Qtrs
Diluted earnings per share attributable to Landstar System, Inc. and subsidiary	`EarningsPerShareDiluted`	$1.53	USD	1 Quarter
Earnings per common share	`WeightedAverageNumberOfSharesOutstandingBasic`	39.95M	shares	1 Quarter
Earnings per common share	`WeightedAverageNumberOfSharesOutstandingBasic`	40.05M	shares	2 Qtrs
Earnings per common share	`WeightedAverageNumberOfSharesOutstandingBasic`	41.45M	shares	1 Quarter
Earnings per common share	`WeightedAverageNumberOfSharesOutstandingBasic`	41.74M	shares	2 Qtrs
Diluted earnings per share	`WeightedAverageNumberOfDilutedSharesOutstanding`	41.49M	shares	1 Quarter
Diluted earnings per share	`WeightedAverageNumberOfDilutedSharesOutstanding`	41.80M	shares	2 Qtrs
Diluted earnings per share	`WeightedAverageNumberOfDilutedSharesOutstanding`	39.95M	shares	1 Quarter
Diluted earnings per share	`WeightedAverageNumberOfDilutedSharesOutstanding`	40.05M	shares	2 Qtrs
Dividends per common share	`CommonStockDividendsPerShareDeclared`	$0.15	USD	1 Quarter
Dividends per common share	`CommonStockDividendsPerShareDeclared`	$0.33	USD	2 Qtrs
Dividends per common share	`CommonStockDividendsPerShareDeclared`	$0.17	USD	1 Quarter
Dividends per common share	`CommonStockDividendsPerShareDeclared`	$0.15	USD	1 Quarter
Dividends per common share	`CommonStockDividendsPerShareDeclared`	$0.17	USD	1 Quarter
Dividends per common share	`CommonStockDividendsPerShareDeclared`	$0.30	USD	2 Qtrs

Cash Flow Statement 74 line items

Line Item	Tag	Value	Unit	Period
Net income	`ProfitLoss`	$63.30M	USD	1 Quarter
Net income	`ProfitLoss`	$57.47M	USD	1 Quarter
Net income	`ProfitLoss`	$124.40M	USD	2 Qtrs
Net income	`ProfitLoss`	$61.10M	USD	1 Quarter
Net income	`ProfitLoss`	$62.49M	USD	1 Quarter
Net income	`ProfitLoss`	$119.97M	USD	2 Qtrs
Depreciation and amortization of operating property and intangible assets	`DepreciationAndAmortization`	$11.03M	USD	1 Quarter
Depreciation and amortization of operating property and intangible assets	`DepreciationAndAmortization`	$22.35M	USD	2 Qtrs
Depreciation and amortization of operating property and intangible assets	`DepreciationAndAmortization`	$21.77M	USD	2 Qtrs
Depreciation and amortization of operating property and intangible assets	`DepreciationAndAmortization`	$10.77M	USD	1 Quarter
Non-cash interest charges	`AmortizationOfDeferredCharges`	$126.00K	USD	2 Qtrs
Non-cash interest charges	`AmortizationOfDeferredCharges`	$126.00K	USD	2 Qtrs
Provisions for losses on trade and other accounts receivable	`ProvisionForDoubtfulAccounts`	$4.19M	USD	2 Qtrs
Provisions for losses on trade and other accounts receivable	`ProvisionForDoubtfulAccounts`	$4.30M	USD	2 Qtrs
Gains on sales/disposals of operating property	`GainLossOnSaleOfPropertyPlantEquipment`	$1.22M	USD	2 Qtrs
Gains on sales/disposals of operating property	`GainLossOnSaleOfPropertyPlantEquipment`	$988.00K	USD	2 Qtrs
Deferred income taxes, net	`IncreaseDecreaseInDeferredIncomeTaxes`	$-5.06M	USD	2 Qtrs
Deferred income taxes, net	`IncreaseDecreaseInDeferredIncomeTaxes`	$-5.58M	USD	2 Qtrs
Stock-based compensation	`ShareBasedCompensation`	$1.43M	USD	1 Quarter
Stock-based compensation	`ShareBasedCompensation`	$8.10M	USD	2 Qtrs
Stock-based compensation	`ShareBasedCompensation`	$3.37M	USD	2 Qtrs
Stock-based compensation	`ShareBasedCompensation`	$4.39M	USD	1 Quarter
Decrease (increase) in trade and other accounts receivable	`IncreaseDecreaseInReceivables`	$48.65M	USD	2 Qtrs
Decrease (increase) in trade and other accounts receivable	`IncreaseDecreaseInReceivables`	$-89.82M	USD	2 Qtrs
Increase in other assets	`IncreaseDecreaseInOtherOperatingAssets`	$22.81M	USD	2 Qtrs
Increase in other assets	`IncreaseDecreaseInOtherOperatingAssets`	$16.54M	USD	2 Qtrs
(Decrease) increase in accounts payable	`IncreaseDecreaseInAccountsPayable`	$20.16M	USD	2 Qtrs
(Decrease) increase in accounts payable	`IncreaseDecreaseInAccountsPayable`	$-28.57M	USD	2 Qtrs
Decrease in other liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$-4.49M	USD	2 Qtrs
Decrease in other liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$-14.31M	USD	2 Qtrs
Increase in insurance claims	`IncreaseDecreaseInInsuranceLiabilities`	$1.67M	USD	2 Qtrs
Increase in insurance claims	`IncreaseDecreaseInInsuranceLiabilities`	$3.69M	USD	2 Qtrs
NET CASH PROVIDED BY OPERATING ACTIVITIES	`NetCashProvidedByUsedInOperatingActivities`	$184.08M	USD	2 Qtrs
NET CASH PROVIDED BY OPERATING ACTIVITIES	`NetCashProvidedByUsedInOperatingActivities`	$113.03M	USD	2 Qtrs
Sales and maturities of investments	`ProceedsFromSaleAndMaturityOfMarketableSecurities`	$18.40M	USD	2 Qtrs
Sales and maturities of investments	`ProceedsFromSaleAndMaturityOfMarketableSecurities`	$41.34M	USD	2 Qtrs
Purchases of investments	`PaymentsToAcquireMarketableSecurities`	$19.65M	USD	2 Qtrs
Purchases of investments	`PaymentsToAcquireMarketableSecurities`	$42.81M	USD	2 Qtrs
Purchases of operating property	`PaymentsToAcquirePropertyPlantAndEquipment`	$4.65M	USD	1 Quarter
Purchases of operating property	`PaymentsToAcquirePropertyPlantAndEquipment`	$307.00K	USD	1 Quarter
Purchases of operating property	`PaymentsToAcquirePropertyPlantAndEquipment`	$9.22M	USD	2 Qtrs
Purchases of operating property	`PaymentsToAcquirePropertyPlantAndEquipment`	$4.12M	USD	2 Qtrs
Proceeds from sales of operating property	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$3.22M	USD	2 Qtrs
Proceeds from sales of operating property	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$2.94M	USD	2 Qtrs
NET CASH USED BY INVESTING ACTIVITIES	`NetCashProvidedByUsedInInvestingActivities`	$-2.44M	USD	2 Qtrs
NET CASH USED BY INVESTING ACTIVITIES	`NetCashProvidedByUsedInInvestingActivities`	$-7.47M	USD	2 Qtrs
(Decrease) increase in cash overdraft	`ProceedsFromRepaymentsOfBankOverdrafts`	$3.12M	USD	2 Qtrs
(Decrease) increase in cash overdraft	`ProceedsFromRepaymentsOfBankOverdrafts`	$-11.72M	USD	2 Qtrs
Dividends paid	`PaymentsOfDividends`	$13.26M	USD	2 Qtrs
Dividends paid	`PaymentsOfDividends`	$75.48M	USD	2 Qtrs
Proceeds from exercises of stock options	`ProceedsFromStockOptionsExercised`	$1.04M	USD	2 Qtrs
Proceeds from exercises of stock options	`ProceedsFromStockOptionsExercised`	$343.00K	USD	2 Qtrs
Taxes paid in lieu of shares issued related to stock-based compensation plans	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$8.44M	USD	2 Qtrs
Taxes paid in lieu of shares issued related to stock-based compensation plans	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$2.81M	USD	2 Qtrs
Purchases of common stock	`PaymentsForRepurchaseOfCommonStock`	$105.49M	USD	2 Qtrs
Purchases of common stock	`PaymentsForRepurchaseOfCommonStock`	$69.73M	USD	2 Qtrs
Principal payments on finance lease obligations	`RepaymentsOfLongTermDebtAndCapitalSecurities`	$22.77M	USD	2 Qtrs
Principal payments on finance lease obligations	`RepaymentsOfLongTermDebtAndCapitalSecurities`	$23.66M	USD	2 Qtrs
Purchase of noncontrolling interest	`PaymentsToMinorityShareholders`	$600.00K	USD	2 Qtrs
Payment of contingent consideration	`PaymentForContingentConsiderationLiabilityFinancingActivities`	$985.00K	USD	2 Qtrs
NET CASH USED BY FINANCING ACTIVITIES	`NetCashProvidedByUsedInFinancingActivities`	$-203.37M	USD	2 Qtrs
NET CASH USED BY FINANCING ACTIVITIES	`NetCashProvidedByUsedInFinancingActivities`	$-127.06M	USD	2 Qtrs
Effect of exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashAndCashEquivalents`	$-996.00K	USD	2 Qtrs
Effect of exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashAndCashEquivalents`	$930.00K	USD	2 Qtrs
Increase (decrease) in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$50.48M	USD	2 Qtrs
Increase (decrease) in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-93.78M	USD	2 Qtrs
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$148.64M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$199.74M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$250.21M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$242.42M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$148.64M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$199.74M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$250.21M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$242.42M	USD	Point-in-time

Stockholders Equity 46 line items

Line Item	Tag	Value	Unit	Period
Dividends per common share	`CommonStockDividendsPerShareDeclared`	$0.15	USD	1 Quarter
Dividends per common share	`CommonStockDividendsPerShareDeclared`	$0.33	USD	2 Qtrs
Dividends per common share	`CommonStockDividendsPerShareDeclared`	$0.17	USD	1 Quarter
Dividends per common share	`CommonStockDividendsPerShareDeclared`	$0.15	USD	1 Quarter
Dividends per common share	`CommonStockDividendsPerShareDeclared`	$0.17	USD	1 Quarter
Dividends per common share	`CommonStockDividendsPerShareDeclared`	$0.30	USD	2 Qtrs
Beginning Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$728.30M	USD	Point-in-time
Beginning Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$706.28M	USD	Point-in-time
Beginning Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$660.93M	USD	Point-in-time
Beginning Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$653.88M	USD	Point-in-time
Beginning Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$728.26M	USD	Point-in-time
Beginning Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$689.13M	USD	Point-in-time
Adoption of accounting standards	`CumulativeEffectOfNewAccountingPrincipleInPeriodOfAdoption`	$773.00K	USD	Point-in-time
Net income (loss)	`ProfitLoss`	$63.30M	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$57.47M	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$124.40M	USD	2 Qtrs
Net income (loss)	`ProfitLoss`	$61.10M	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$62.49M	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$119.97M	USD	2 Qtrs
Dividends	`DividendsCommonStockCash`	$6.63M	USD	1 Quarter
Dividends	`DividendsCommonStockCash`	$6.19M	USD	1 Quarter
Dividends	`DividendsCommonStockCash`	$6.63M	USD	1 Quarter
Dividends	`DividendsCommonStockCash`	$6.31M	USD	1 Quarter
Purchases of common stock	`TreasuryStockValueAcquiredCostMethod`	$56.75M	USD	1 Quarter
Purchases of common stock	`TreasuryStockValueAcquiredCostMethod`	$103.98M	USD	1 Quarter
Purchases of common stock	`TreasuryStockValueAcquiredCostMethod`	$1.51M	USD	1 Quarter
Purchases of common stock	`TreasuryStockValueAcquiredCostMethod`	$12.98M	USD	1 Quarter
Purchase of noncontrolling interests	`MinorityInterestDecreaseFromRedemptions`	$-600.00K	USD	1 Quarter
Issuance of stock related to stock-based compensation plans	`StockIssuedDuringPeriodValueShareBasedCompensation`	$-1.73M	USD	1 Quarter
Issuance of stock related to stock-based compensation plans	`StockIssuedDuringPeriodValueShareBasedCompensation`	$-48.00K	USD	1 Quarter
Issuance of stock related to stock-based compensation plans	`StockIssuedDuringPeriodValueShareBasedCompensation`	$-7.60M	USD	1 Quarter
Issuance of stock related to stock-based compensation plans	`StockIssuedDuringPeriodValueShareBasedCompensation`	$-491.00K	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$1.94M	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$4.39M	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$1.43M	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$3.71M	USD	1 Quarter
Other comprehensive (loss) income	`OtherComprehensiveIncomeLossNetOfTax`	$-2.02M	USD	1 Quarter
Other comprehensive (loss) income	`OtherComprehensiveIncomeLossNetOfTax`	$-12.00K	USD	1 Quarter
Other comprehensive (loss) income	`OtherComprehensiveIncomeLossNetOfTax`	$1.70M	USD	1 Quarter
Other comprehensive (loss) income	`OtherComprehensiveIncomeLossNetOfTax`	$1.38M	USD	1 Quarter
Ending Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$728.30M	USD	Point-in-time
Ending Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$706.28M	USD	Point-in-time
Ending Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$660.93M	USD	Point-in-time
Ending Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$653.88M	USD	Point-in-time
Ending Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$728.26M	USD	Point-in-time
Ending Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$689.13M	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`	$62.52M	USD	1 Quarter
Unrealized holding gains (losses) on available-for-sale investments, tax expense (benefit)	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesTax`	$-42.00K	USD	1 Quarter
Net income attributable to Landstar System, Inc. and subsidiary	`NetIncomeLoss`	$120.04M	USD	2 Qtrs
Net income attributable to Landstar System, Inc. and subsidiary	`NetIncomeLoss`	$61.10M	USD	1 Quarter
Net income attributable to Landstar System, Inc. and subsidiary	`NetIncomeLoss`	$124.42M	USD	2 Qtrs
Unrealized holding gains (losses) on available-for-sale investments, tax expense (benefit)	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesTax`	$222.00K	USD	1 Quarter
Unrealized holding gains (losses) on available-for-sale investments, tax expense (benefit)	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesTax`	$-233.00K	USD	2 Qtrs
Unrealized holding gains (losses) on available-for-sale investments, tax expense (benefit)	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesTax`	$494.00K	USD	2 Qtrs
Unrealized holding gains (losses) on available-for-sale investments, net of tax expense (benefit) of $494, ($233), $222 and ($42)	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$1.80M	USD	2 Qtrs
Unrealized holding gains (losses) on available-for-sale investments, net of tax expense (benefit) of $494, ($233), $222 and ($42)	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-153.00K	USD	1 Quarter
Unrealized holding gains (losses) on available-for-sale investments, net of tax expense (benefit) of $494, ($233), $222 and ($42)	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-883.00K	USD	2 Qtrs
Unrealized holding gains (losses) on available-for-sale investments, net of tax expense (benefit) of $494, ($233), $222 and ($42)	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$810.00K	USD	1 Quarter
Foreign currency translation gains (losses)	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-1.24M	USD	2 Qtrs
Foreign currency translation gains (losses)	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-1.58M	USD	1 Quarter
Foreign currency translation gains (losses)	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$1.12M	USD	2 Qtrs
Foreign currency translation gains (losses)	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$571.00K	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-2.12M	USD	2 Qtrs
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-1.73M	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$2.93M	USD	2 Qtrs
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$1.38M	USD	1 Quarter
Comprehensive income attributable to Landstar System, Inc. and subsidiary	`ComprehensiveIncomeNetOfTax`	$127.35M	USD	2 Qtrs
Comprehensive income attributable to Landstar System, Inc. and subsidiary	`ComprehensiveIncomeNetOfTax`	$117.92M	USD	2 Qtrs
Comprehensive income attributable to Landstar System, Inc. and subsidiary	`ComprehensiveIncomeNetOfTax`	$62.48M	USD	1 Quarter
Comprehensive income attributable to Landstar System, Inc. and subsidiary	`ComprehensiveIncomeNetOfTax`	$60.79M	USD	1 Quarter

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