10-Q Filing

LANDSTAR SYSTEM INC CIK: 853816 Q2 2020

Filing Information

Form Type	10-Q
Accession Number	`0001193125-20-205519`
Period End Date	20200630
Filing Date	20200731
Fiscal Year	2020
Fiscal Period	Q2
XBRL Instance	d919850d10q_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 73 Income Statement 87 Cash Flow Statement 78 Stockholders Equity 44 Comprehensive Income 24

Balance Sheet 73 line items

Line Item	Tag	Value	Unit	Period
Allowance on trade accounts receivable	`AllowanceForDoubtfulAccountsReceivableCurrent`	$8.58M	USD	Point-in-time
Allowance on trade accounts receivable	`AllowanceForDoubtfulAccountsReceivableCurrent`	$7.28M	USD	Point-in-time
Allowance on other receivables	`AllowanceForDoubtfulAccountsPremiumsAndOtherReceivables`	$9.24M	USD	Point-in-time
Allowance on other receivables	`AllowanceForDoubtfulAccountsPremiumsAndOtherReceivables`	$7.67M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$250.21M	USD	Point-in-time
Accumulated depreciation and amortization on operating property	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$288.06M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$319.51M	USD	Point-in-time
Accumulated depreciation and amortization on operating property	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$280.85M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$245.47M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$199.74M	USD	Point-in-time
Short-term investments	`ShortTermInvestments`	$32.90M	USD	Point-in-time
Short-term investments	`ShortTermInvestments`	$36.27M	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
Common stock, authorized shares	`CommonStockSharesAuthorized`	160.00M	shares	Point-in-time
Trade accounts receivable, less allowance of $8,580 and $7,284	`ReceivablesNetCurrent`	$489.18M	USD	Point-in-time
Common stock, authorized shares	`CommonStockSharesAuthorized`	160.00M	shares	Point-in-time
Trade accounts receivable, less allowance of $8,580 and $7,284	`ReceivablesNetCurrent`	$588.55M	USD	Point-in-time
Common stock, issued shares	`CommonStockSharesIssued`	68.18M	shares	Point-in-time
Other receivables, including advances to independent contractors, less allowance of $9,241 and $7,667	`OtherReceivables`	$27.86M	USD	Point-in-time
Other receivables, including advances to independent contractors, less allowance of $9,241 and $7,667	`OtherReceivables`	$35.55M	USD	Point-in-time
Common stock, issued shares	`CommonStockSharesIssued`	68.08M	shares	Point-in-time
Treasury stock, shares	`TreasuryStockShares`	29.80M	shares	Point-in-time
Treasury stock, shares	`TreasuryStockShares`	28.61M	shares	Point-in-time
Other current assets	`OtherAssetsCurrent`	$41.56M	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$21.37M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$997.89M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$840.35M	USD	Point-in-time
Operating property, less accumulated depreciation and amortization of $288,055 and $280,849	`PropertyPlantAndEquipmentNet`	$285.86M	USD	Point-in-time
Operating property, less accumulated depreciation and amortization of $288,055 and $280,849	`PropertyPlantAndEquipmentNet`	$284.79M	USD	Point-in-time
Goodwill	`Goodwill`	$38.41M	USD	Point-in-time
Goodwill	`Goodwill`	$40.07M	USD	Point-in-time
Goodwill	`Goodwill`	$38.51M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$106.89M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$105.46M	USD	Point-in-time
Total assets	`Assets`	$1.43B	USD	Point-in-time
Total assets	`Assets`	$1.27B	USD	Point-in-time
Cash overdraft	`BankOverdrafts`	$53.88M	USD	Point-in-time
Cash overdraft	`BankOverdrafts`	$35.53M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$273.32M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$272.00M	USD	Point-in-time
Current maturities of long-term debt	`FinanceLeaseLiabilityCurrent`	$38.22M	USD	Point-in-time
Current maturities of long-term debt	`FinanceLeaseLiabilityCurrent`	$42.63M	USD	Point-in-time
Insurance claims	`SelfInsuranceReserveCurrent`	$44.53M	USD	Point-in-time
Insurance claims	`SelfInsuranceReserveCurrent`	$53.76M	USD	Point-in-time
Dividends payable	`DividendsPayableCurrent`	$78.95M	USD	Point-in-time
Contractor escrow	`ContractorEscrow`	$24.90M	USD	Point-in-time
Contractor escrow	`ContractorEscrow`	$25.77M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$36.02M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$46.84M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$473.46M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$552.90M	USD	Point-in-time
Long-term debt, excluding current maturities	`FinanceLeaseLiabilityNoncurrent`	$70.21M	USD	Point-in-time
Long-term debt, excluding current maturities	`FinanceLeaseLiabilityNoncurrent`	$60.15M	USD	Point-in-time
Insurance claims	`SelfInsuranceReserveNoncurrent`	$34.76M	USD	Point-in-time
Insurance claims	`SelfInsuranceReserveNoncurrent`	$33.58M	USD	Point-in-time
Deferred income taxes and other noncurrent liabilities	`DeferredIncomeTaxesAndOtherLiabilitiesNoncurrent`	$54.62M	USD	Point-in-time
Deferred income taxes and other noncurrent liabilities	`DeferredIncomeTaxesAndOtherLiabilitiesNoncurrent`	$49.55M	USD	Point-in-time
Common stock, $0.01 par value, authorized 160,000,000 shares, issued 68,176,787 and 68,083,419 shares	`CommonStockValue`	$681.00K	USD	Point-in-time
Common stock, $0.01 par value, authorized 160,000,000 shares, issued 68,176,787 and 68,083,419 shares	`CommonStockValue`	$682.00K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$226.12M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$225.33M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$1.96B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$2.01B	USD	Point-in-time
Cost of 29,797,328 and 28,609,926 shares of common stock in treasury	`TreasuryStockValue`	$1.47B	USD	Point-in-time
Cost of 29,797,328 and 28,609,926 shares of common stock in treasury	`TreasuryStockValue`	$1.58B	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-2.21M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-7.14M	USD	Point-in-time
Total shareholders' equity	`StockholdersEquity`	$649.12M	USD	Point-in-time
Total shareholders' equity	`StockholdersEquity`	$721.47M	USD	Point-in-time
Total shareholders' equity	`StockholdersEquity`	$627.10M	USD	Point-in-time
Total liabilities and shareholders' equity	`LiabilitiesAndStockholdersEquity`	$1.43B	USD	Point-in-time
Total liabilities and shareholders' equity	`LiabilitiesAndStockholdersEquity`	$1.27B	USD	Point-in-time

Income Statement 87 line items

Line Item	Tag	Value	Unit	Period
Revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$1.05B	USD	1 Quarter
Revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$1.75B	USD	2 Qtrs
Revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$823.51M	USD	1 Quarter
Revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$2.08B	USD	2 Qtrs
Investment income	`InterestIncomeOperating`	$2.42M	USD	2 Qtrs
Investment income	`InterestIncomeOperating`	$2.00M	USD	2 Qtrs
Investment income	`InterestIncomeOperating`	$1.28M	USD	1 Quarter
Investment income	`InterestIncomeOperating`	$835.00K	USD	1 Quarter
Purchased transportation	`PurchasedTransportationCosts`	$635.13M	USD	1 Quarter
Purchased transportation	`PurchasedTransportationCosts`	$799.37M	USD	1 Quarter
Purchased transportation	`PurchasedTransportationCosts`	$1.34B	USD	2 Qtrs
Purchased transportation	`PurchasedTransportationCosts`	$1.59B	USD	2 Qtrs
Commissions to agents	`SalesCommissionsAndFees`	$173.29M	USD	2 Qtrs
Commissions to agents	`SalesCommissionsAndFees`	$87.62M	USD	1 Quarter
Commissions to agents	`SalesCommissionsAndFees`	$75.27M	USD	1 Quarter
Commissions to agents	`SalesCommissionsAndFees`	$150.64M	USD	2 Qtrs
Other operating costs, net of gains on asset sales/dispositions	`OtherCostAndExpenseOperating`	$15.67M	USD	2 Qtrs
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`	$9.86M	USD	1 Quarter
Other operating costs, net of gains on asset sales/dispositions	`OtherCostAndExpenseOperating`	$7.37M	USD	1 Quarter
Insurance and claims	`OperatingInsuranceAndClaimsCostsProduction`	$19.75M	USD	1 Quarter
Insurance and claims	`OperatingInsuranceAndClaimsCostsProduction`	$31.28M	USD	2 Qtrs
Insurance and claims	`OperatingInsuranceAndClaimsCostsProduction`	$44.71M	USD	2 Qtrs
Insurance and claims	`OperatingInsuranceAndClaimsCostsProduction`	$16.29M	USD	1 Quarter
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$41.30M	USD	1 Quarter
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$82.56M	USD	2 Qtrs
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$85.93M	USD	2 Qtrs
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$40.60M	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$22.35M	USD	2 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$11.03M	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$22.97M	USD	2 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$11.47M	USD	1 Quarter
Impairment of intangible and other assets	`ImpairmentOfIntangibleAssetsExcludingGoodwill`	$2.58M	USD	1 Quarter
Impairment of intangible and other assets	`ImpairmentOfIntangibleAssetsExcludingGoodwill`	$2.58M	USD	2 Qtrs
Total costs and expenses	`CostsAndExpenses`	$792.17M	USD	1 Quarter
Total costs and expenses	`CostsAndExpenses`	$965.47M	USD	1 Quarter
Total costs and expenses	`CostsAndExpenses`	$1.67B	USD	2 Qtrs
Total costs and expenses	`CostsAndExpenses`	$1.92B	USD	2 Qtrs
Operating income	`OperatingIncomeLoss`	$32.18M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$86.19M	USD	2 Qtrs
Operating income	`OperatingIncomeLoss`	$80.85M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$161.75M	USD	2 Qtrs
Interest and debt expense	`InterestAndDebtExpense`	$976.00K	USD	1 Quarter
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`	$1.93M	USD	2 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$160.23M	USD	2 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$80.14M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$84.26M	USD	2 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$31.20M	USD	1 Quarter
Income taxes	`IncomeTaxExpenseBenefit`	$19.11M	USD	2 Qtrs
Income taxes	`IncomeTaxExpenseBenefit`	$35.83M	USD	2 Qtrs
Income taxes	`IncomeTaxExpenseBenefit`	$6.95M	USD	1 Quarter
Income taxes	`IncomeTaxExpenseBenefit`	$19.04M	USD	1 Quarter
Net income	`ProfitLoss`	$24.25M	USD	1 Quarter
Net income	`ProfitLoss`	$124.40M	USD	2 Qtrs
Net income	`ProfitLoss`	$63.30M	USD	1 Quarter
Net income	`ProfitLoss`	$61.10M	USD	1 Quarter
Net income	`ProfitLoss`	$40.90M	USD	1 Quarter
Net income	`ProfitLoss`	$65.15M	USD	2 Qtrs
Less: Net loss attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$-17.00K	USD	2 Qtrs
Net income attributable to Landstar System, Inc. and subsidiary	`NetIncomeLoss`	$65.15M	USD	2 Qtrs
Net income attributable to Landstar System, Inc. and subsidiary	`NetIncomeLoss`	$124.42M	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`	$24.25M	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
Earnings per common share attributable to Landstar System, Inc. and subsidiary	`EarningsPerShareBasic`	$0.63	USD	1 Quarter
Earnings per common share attributable to Landstar System, Inc. and subsidiary	`EarningsPerShareBasic`	$1.68	USD	2 Qtrs
Diluted earnings per share attributable to Landstar System, Inc. and subsidiary	`EarningsPerShareDiluted`	$0.63	USD	1 Quarter
Diluted earnings per share attributable to Landstar System, Inc. and subsidiary	`EarningsPerShareDiluted`	$1.68	USD	2 Qtrs
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`	40.05M	shares	2 Qtrs
Earnings per common share	`WeightedAverageNumberOfSharesOutstandingBasic`	39.95M	shares	1 Quarter
Earnings per common share	`WeightedAverageNumberOfSharesOutstandingBasic`	38.82M	shares	2 Qtrs
Earnings per common share	`WeightedAverageNumberOfSharesOutstandingBasic`	38.38M	shares	1 Quarter
Diluted earnings per share	`WeightedAverageNumberOfDilutedSharesOutstanding`	39.95M	shares	1 Quarter
Diluted earnings per share	`WeightedAverageNumberOfDilutedSharesOutstanding`	38.82M	shares	2 Qtrs
Diluted earnings per share	`WeightedAverageNumberOfDilutedSharesOutstanding`	40.05M	shares	2 Qtrs
Diluted earnings per share	`WeightedAverageNumberOfDilutedSharesOutstanding`	38.38M	shares	1 Quarter
Dividends per common share	`CommonStockDividendsPerShareDeclared`	$0.37	USD	2 Qtrs
Dividends per common share	`CommonStockDividendsPerShareDeclared`	$0.17	USD	1 Quarter
Dividends per common share	`CommonStockDividendsPerShareDeclared`	$0.17	USD	1 Quarter
Dividends per common share	`CommonStockDividendsPerShareDeclared`	$0.18	USD	1 Quarter
Dividends per common share	`CommonStockDividendsPerShareDeclared`	$0.33	USD	2 Qtrs
Dividends per common share	`CommonStockDividendsPerShareDeclared`	$0.18	USD	1 Quarter

Cash Flow Statement 78 line items

Line Item	Tag	Value	Unit	Period
Net income	`ProfitLoss`	$24.25M	USD	1 Quarter
Net income	`ProfitLoss`	$124.40M	USD	2 Qtrs
Net income	`ProfitLoss`	$63.30M	USD	1 Quarter
Net income	`ProfitLoss`	$61.10M	USD	1 Quarter
Net income	`ProfitLoss`	$40.90M	USD	1 Quarter
Net income	`ProfitLoss`	$65.15M	USD	2 Qtrs
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`	$11.03M	USD	1 Quarter
Depreciation and amortization of operating property and intangible assets	`DepreciationAndAmortization`	$22.97M	USD	2 Qtrs
Depreciation and amortization of operating property and intangible assets	`DepreciationAndAmortization`	$11.47M	USD	1 Quarter
Non-cash interest charges	`AmortizationOfFinancingCosts`	$126.00K	USD	2 Qtrs
Non-cash interest charges	`AmortizationOfFinancingCosts`	$126.00K	USD	2 Qtrs
Provisions for losses on trade and other accounts receivable	`ProvisionForDoubtfulAccounts`	$6.53M	USD	2 Qtrs
Provisions for losses on trade and other accounts receivable	`ProvisionForDoubtfulAccounts`	$4.19M	USD	2 Qtrs
Gains on sales/disposals of operating property	`GainLossOnSaleOfPropertyPlantEquipment`	$1.81M	USD	2 Qtrs
Gains on sales/disposals of operating property	`GainLossOnSaleOfPropertyPlantEquipment`	$1.22M	USD	2 Qtrs
Impairment of intangible and other assets	`ImpairmentOfIntangibleAssetsExcludingGoodwill`	$2.58M	USD	1 Quarter
Impairment of intangible and other assets	`ImpairmentOfIntangibleAssetsExcludingGoodwill`	$2.58M	USD	2 Qtrs
Deferred income taxes, net	`IncreaseDecreaseInDeferredIncomeTaxes`	$-5.06M	USD	2 Qtrs
Deferred income taxes, net	`IncreaseDecreaseInDeferredIncomeTaxes`	$-6.23M	USD	2 Qtrs
Stock-based compensation	`ShareBasedCompensation`	$570.00K	USD	1 Quarter
Stock-based compensation	`ShareBasedCompensation`	$3.37M	USD	2 Qtrs
Stock-based compensation	`ShareBasedCompensation`	$1.43M	USD	1 Quarter
Stock-based compensation	`ShareBasedCompensation`	$1.20M	USD	2 Qtrs
Decrease in trade and other accounts receivable	`IncreaseDecreaseInReceivables`	$-99.60M	USD	2 Qtrs
Decrease in trade and other accounts receivable	`IncreaseDecreaseInReceivables`	$-89.82M	USD	2 Qtrs
Increase in other assets	`IncreaseDecreaseInOtherOperatingAssets`	$24.81M	USD	2 Qtrs
Increase in other assets	`IncreaseDecreaseInOtherOperatingAssets`	$22.81M	USD	2 Qtrs
Decrease in accounts payable	`IncreaseDecreaseInAccountsPayable`	$-31.00K	USD	2 Qtrs
Decrease in accounts payable	`IncreaseDecreaseInAccountsPayable`	$-28.57M	USD	2 Qtrs
Increase (decrease) in other liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$10.23M	USD	2 Qtrs
Increase (decrease) in other liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$-14.31M	USD	2 Qtrs
Increase in insurance claims	`IncreaseDecreaseInInsuranceLiabilities`	$10.42M	USD	2 Qtrs
Increase in insurance claims	`IncreaseDecreaseInInsuranceLiabilities`	$1.67M	USD	2 Qtrs
NET CASH PROVIDED BY OPERATING ACTIVITIES	`NetCashProvidedByUsedInOperatingActivities`	$184.08M	USD	2 Qtrs
NET CASH PROVIDED BY OPERATING ACTIVITIES	`NetCashProvidedByUsedInOperatingActivities`	$198.38M	USD	2 Qtrs
Net changes in other short-term investments	`IncreaseDecreaseInRestrictedCashAndInvestments`	$-131.00K	USD	2 Qtrs
Sales and maturities of investments	`ProceedsFromSaleAndMaturityOfMarketableSecurities`	$41.34M	USD	2 Qtrs
Sales and maturities of investments	`ProceedsFromSaleAndMaturityOfMarketableSecurities`	$14.90M	USD	2 Qtrs
Purchases of investments	`PaymentsToAcquireMarketableSecurities`	$42.81M	USD	2 Qtrs
Purchases of investments	`PaymentsToAcquireMarketableSecurities`	$16.38M	USD	2 Qtrs
Purchases of operating property	`PaymentsToAcquirePropertyPlantAndEquipment`	$9.22M	USD	2 Qtrs
Purchases of operating property	`PaymentsToAcquirePropertyPlantAndEquipment`	$11.88M	USD	1 Quarter
Purchases of operating property	`PaymentsToAcquirePropertyPlantAndEquipment`	$4.65M	USD	1 Quarter
Purchases of operating property	`PaymentsToAcquirePropertyPlantAndEquipment`	$17.68M	USD	2 Qtrs
Proceeds from sales of operating property	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$4.46M	USD	2 Qtrs
Proceeds from sales of operating property	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$3.22M	USD	2 Qtrs
Consideration paid for acquisition	`PaymentsToAcquireBusinessesGross`	$2.70M	USD	2 Qtrs
Consideration paid for acquisition	`PaymentsToAcquireBusinessesGross`	$2.70M	USD	Point-in-time
NET CASH USED BY INVESTING ACTIVITIES	`NetCashProvidedByUsedInInvestingActivities`	$-7.47M	USD	2 Qtrs
NET CASH USED BY INVESTING ACTIVITIES	`NetCashProvidedByUsedInInvestingActivities`	$-17.27M	USD	2 Qtrs
Decrease in cash overdraft	`ProceedsFromRepaymentsOfBankOverdrafts`	$-18.34M	USD	2 Qtrs
Decrease in cash overdraft	`ProceedsFromRepaymentsOfBankOverdrafts`	$-11.72M	USD	2 Qtrs
Dividends paid	`PaymentsOfDividends`	$13.26M	USD	2 Qtrs
Dividends paid	`PaymentsOfDividends`	$93.38M	USD	2 Qtrs
Proceeds from exercises of stock options	`ProceedsFromStockOptionsExercised`	$614.00K	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`	$3.28M	USD	2 Qtrs
Taxes paid in lieu of shares issued related to stock-based compensation plans	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$8.44M	USD	2 Qtrs
Purchases of common stock	`PaymentsForRepurchaseOfCommonStock`	$115.96M	USD	2 Qtrs
Purchases of common stock	`PaymentsForRepurchaseOfCommonStock`	$69.73M	USD	2 Qtrs
Principal payments on finance lease obligations	`RepaymentsOfLongTermDebtAndCapitalSecurities`	$23.66M	USD	2 Qtrs
Principal payments on finance lease obligations	`RepaymentsOfLongTermDebtAndCapitalSecurities`	$21.96M	USD	2 Qtrs
Purchase of noncontrolling interest	`PaymentsToMinorityShareholders`	$600.00K	USD	2 Qtrs
NET CASH USED BY FINANCING ACTIVITIES	`NetCashProvidedByUsedInFinancingActivities`	$-127.06M	USD	2 Qtrs
NET CASH USED BY FINANCING ACTIVITIES	`NetCashProvidedByUsedInFinancingActivities`	$-252.31M	USD	2 Qtrs
Effect of exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashAndCashEquivalents`	$-2.85M	USD	2 Qtrs
Effect of exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashAndCashEquivalents`	$930.00K	USD	2 Qtrs
(Decrease) increase in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-74.04M	USD	2 Qtrs
(Decrease) increase in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$50.48M	USD	2 Qtrs
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$250.21M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$319.51M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$245.47M	USD	Point-in-time
Cash and cash equivalents at beginning 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`	$319.51M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$245.47M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$199.74M	USD	Point-in-time

Stockholders Equity 44 line items

Line Item	Tag	Value	Unit	Period
Dividends per common share	`CommonStockDividendsPerShareDeclared`	$0.37	USD	2 Qtrs
Dividends per common share	`CommonStockDividendsPerShareDeclared`	$0.17	USD	1 Quarter
Dividends per common share	`CommonStockDividendsPerShareDeclared`	$0.17	USD	1 Quarter
Dividends per common share	`CommonStockDividendsPerShareDeclared`	$0.18	USD	1 Quarter
Dividends per common share	`CommonStockDividendsPerShareDeclared`	$0.33	USD	2 Qtrs
Dividends per common share	`CommonStockDividendsPerShareDeclared`	$0.18	USD	1 Quarter
Beginning Balance	`StockholdersEquity`	$649.12M	USD	Point-in-time
Beginning Balance	`StockholdersEquity`	$721.47M	USD	Point-in-time
Beginning Balance	`StockholdersEquity`	$627.10M	USD	Point-in-time
Beginning Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$728.30M	USD	Point-in-time
Beginning Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$689.13M	USD	Point-in-time
Beginning Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$728.26M	USD	Point-in-time
Net income (loss)	`ProfitLoss`	$24.25M	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$124.40M	USD	2 Qtrs
Net income (loss)	`ProfitLoss`	$63.30M	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$61.10M	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$40.90M	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$65.15M	USD	2 Qtrs
Dividends	`DividendsCommonStockCash`	$7.10M	USD	1 Quarter
Dividends	`DividendsCommonStockCash`	$6.63M	USD	1 Quarter
Dividends	`DividendsCommonStockCash`	$7.34M	USD	1 Quarter
Dividends	`DividendsCommonStockCash`	$6.63M	USD	1 Quarter
Purchases of common stock	`TreasuryStockValueAcquiredCostMethod`	$12.98M	USD	1 Quarter
Purchases of common stock	`TreasuryStockValueAcquiredCostMethod`	$56.75M	USD	1 Quarter
Purchases of common stock	`TreasuryStockValueAcquiredCostMethod`	$115.96M	USD	1 Quarter
Purchase of noncontrolling interests	`MinorityInterestDecreaseFromRedemptions`	$-600.00K	USD	1 Quarter
Issuance of stock related to stock-based compensation plans	`StockIssuedDuringPeriodValueShareBasedCompensation`	$-2.42M	USD	1 Quarter
Issuance of stock related to stock-based compensation plans	`StockIssuedDuringPeriodValueShareBasedCompensation`	$-247.00K	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`	$631.00K	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$570.00K	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$1.43M	USD	1 Quarter
Other comprehensive (loss) income	`OtherComprehensiveIncomeLossNetOfTax`	$-9.48M	USD	1 Quarter
Other comprehensive (loss) income	`OtherComprehensiveIncomeLossNetOfTax`	$1.70M	USD	1 Quarter
Other comprehensive (loss) income	`OtherComprehensiveIncomeLossNetOfTax`	$1.38M	USD	1 Quarter
Other comprehensive (loss) income	`OtherComprehensiveIncomeLossNetOfTax`	$4.55M	USD	1 Quarter
Ending Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$728.30M	USD	Point-in-time
Ending Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$689.13M	USD	Point-in-time
Ending Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$728.26M	USD	Point-in-time
Ending Balance	`StockholdersEquity`	$649.12M	USD	Point-in-time
Ending Balance	`StockholdersEquity`	$721.47M	USD	Point-in-time
Ending Balance	`StockholdersEquity`	$627.10M	USD	Point-in-time

Comprehensive Income 24 line items

Line Item	Tag	Value	Unit	Period
Unrealized holding gains on available-for-sale investments, net of tax expense	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesTax`	$222.00K	USD	1 Quarter
Unrealized holding gains on available-for-sale investments, net of tax expense	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesTax`	$770.00K	USD	1 Quarter
Net income attributable to Landstar System, Inc. and subsidiary	`NetIncomeLoss`	$65.15M	USD	2 Qtrs
Unrealized holding gains on available-for-sale investments, net of tax expense	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesTax`	$494.00K	USD	2 Qtrs
Net income attributable to Landstar System, Inc. and subsidiary	`NetIncomeLoss`	$124.42M	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`	$24.25M	USD	1 Quarter
Unrealized holding gains on available-for-sale investments, net of tax expense	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesTax`	$338.00K	USD	2 Qtrs
Unrealized holding gains on available-for-sale investments, net of tax expense of $338, $494, $770 and $222	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$810.00K	USD	1 Quarter
Unrealized holding gains on available-for-sale investments, net of tax expense of $338, $494, $770 and $222	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$1.24M	USD	2 Qtrs
Unrealized holding gains on available-for-sale investments, net of tax expense of $338, $494, $770 and $222	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$1.80M	USD	2 Qtrs
Unrealized holding gains on available-for-sale investments, net of tax expense of $338, $494, $770 and $222	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$2.82M	USD	1 Quarter
Foreign currency translation (losses) gains	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$571.00K	USD	1 Quarter
Foreign currency translation (losses) gains	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-6.17M	USD	2 Qtrs
Foreign currency translation (losses) gains	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$1.12M	USD	2 Qtrs
Foreign currency translation (losses) gains	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$1.73M	USD	1 Quarter
Other comprehensive (loss) income	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-4.93M	USD	2 Qtrs
Other comprehensive (loss) income	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$2.93M	USD	2 Qtrs
Other comprehensive (loss) income	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$4.55M	USD	1 Quarter
Other comprehensive (loss) income	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$1.38M	USD	1 Quarter
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`	$28.80M	USD	1 Quarter
Comprehensive income attributable to Landstar System, Inc. and subsidiary	`ComprehensiveIncomeNetOfTax`	$60.22M	USD	2 Qtrs
Comprehensive income attributable to Landstar System, Inc. and subsidiary	`ComprehensiveIncomeNetOfTax`	$127.35M	USD	2 Qtrs

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