10-K Filing

LANDSTAR SYSTEM INC CIK: 853816 FY 2021

Filing Information

Form Type	10-K
Accession Number	`0001193125-22-046673`
Period End Date	20211231
Filing Date	20220218
Fiscal Year	2021
Fiscal Period	FY
XBRL Instance	d238952d10k_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 70 Income Statement 64 Cash Flow Statement 110 Stockholders Equity 30 Comprehensive Income 18

Balance Sheet 70 line items

Line Item	Tag	Value	Unit	Period
Allowance on trade accounts receivable	`AllowanceForDoubtfulAccountsReceivableCurrent`	$8.67M	USD	Point-in-time
Allowance on trade accounts receivable	`AllowanceForDoubtfulAccountsReceivableCurrent`	$7.07M	USD	Point-in-time
Allowance on other receivables	`AllowanceForDoubtfulAccountsPremiumsAndOtherReceivables`	$7.24M	USD	Point-in-time
Allowance on other receivables	`AllowanceForDoubtfulAccountsPremiumsAndOtherReceivables`	$8.12M	USD	Point-in-time
Accumulated depreciation and amortization on operating property	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$344.10M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$249.35M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$215.52M	USD	Point-in-time
Accumulated depreciation and amortization on operating property	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$299.41M	USD	Point-in-time
Common stock, par value	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Common stock, par value	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Short-term investments	`ShortTermInvestments`	$41.38M	USD	Point-in-time
Short-term investments	`ShortTermInvestments`	$35.78M	USD	Point-in-time
Common stock, authorized shares	`CommonStockSharesAuthorized`	160.00M	shares	Point-in-time
Common stock, authorized shares	`CommonStockSharesAuthorized`	160.00M	shares	Point-in-time
Trade accounts receivable, less allowance of $7,074 and $8,670	`ReceivablesNetCurrent`	$1.15B	USD	Point-in-time
Trade accounts receivable, less allowance of $7,074 and $8,670	`ReceivablesNetCurrent`	$764.17M	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 $8,125 and $7,239	`OtherReceivables`	$101.12M	USD	Point-in-time
Other receivables, including advances to independent contractors, less allowance of $8,125 and $7,239	`OtherReceivables`	$134.76M	USD	Point-in-time
Common stock, issued shares	`CommonStockSharesIssued`	68.23M	shares	Point-in-time
Treasury stock, shares	`TreasuryStockShares`	30.54M	shares	Point-in-time
Other current assets	`OtherAssetsCurrent`	$18.52M	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$16.16M	USD	Point-in-time
Treasury stock, shares	`TreasuryStockShares`	29.80M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$1.21B	USD	Point-in-time
Total current assets	`AssetsCurrent`	$1.52B	USD	Point-in-time
Operating property, less accumulated depreciation and amortization of $344,099 and $299,407	`PropertyPlantAndEquipmentNet`	$297.00M	USD	Point-in-time
Operating property, less accumulated depreciation and amortization of $344,099 and $299,407	`PropertyPlantAndEquipmentNet`	$317.39M	USD	Point-in-time
Goodwill	`Goodwill`	$40.95M	USD	Point-in-time
Goodwill	`Goodwill`	$38.51M	USD	Point-in-time
Goodwill	`Goodwill`	$40.77M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$107.68M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$164.41M	USD	Point-in-time
Total assets	`Assets`	$2.05B	USD	Point-in-time
Total assets	`Assets`	$1.43B	USD	Point-in-time
Total assets	`Assets`	$1.65B	USD	Point-in-time
Cash overdraft	`BankOverdrafts`	$74.75M	USD	Point-in-time
Cash overdraft	`BankOverdrafts`	$116.48M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$604.13M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$380.50M	USD	Point-in-time
Current maturities of long-term debt	`FinanceLeaseLiabilityCurrent`	$36.56M	USD	Point-in-time
Current maturities of long-term debt	`FinanceLeaseLiabilityCurrent`	$35.41M	USD	Point-in-time
Insurance claims	`SelfInsuranceReserveCurrent`	$46.90M	USD	Point-in-time
Insurance claims	`SelfInsuranceReserveCurrent`	$149.77M	USD	Point-in-time
Dividends payable	`DividendsPayableCurrent`	$75.39M	USD	Point-in-time
Dividends payable	`DividendsPayableCurrent`	$76.77M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$130.53M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$88.92M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$1.01B	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$806.14M	USD	Point-in-time
Long-term debt, excluding current maturities	`FinanceLeaseLiabilityNoncurrent`	$75.24M	USD	Point-in-time
Long-term debt, excluding current maturities	`FinanceLeaseLiabilityNoncurrent`	$65.36M	USD	Point-in-time
Insurance claims	`SelfInsuranceReserveNoncurrent`	$38.87M	USD	Point-in-time
Insurance claims	`SelfInsuranceReserveNoncurrent`	$49.51M	USD	Point-in-time
Deferred income taxes and other noncurrent liabilities	`DeferredIncomeTaxesAndOtherLiabilitiesNoncurrent`	$51.60M	USD	Point-in-time
Deferred income taxes and other noncurrent liabilities	`DeferredIncomeTaxesAndOtherLiabilitiesNoncurrent`	$48.72M	USD	Point-in-time
Common stock, $0.01 par value, authorized 160,000,000 shares, issued 68,232,975 and 68,183,702 shares	`CommonStockValue`	$682.00K	USD	Point-in-time
Common stock, $0.01 par value, authorized 160,000,000 shares, issued 68,232,975 and 68,183,702 shares	`CommonStockValue`	$682.00K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$255.15M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$228.88M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$2.32B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$2.05B	USD	Point-in-time
Cost of 30,539,235 and 29,797,639 shares of common stock in treasury	`TreasuryStockValue`	$1.71B	USD	Point-in-time
Cost of 30,539,235 and 29,797,639 shares of common stock in treasury	`TreasuryStockValue`	$1.58B	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-2.00M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-5.40M	USD	Point-in-time
Total shareholders' equity	`StockholdersEquity`	$862.01M	USD	Point-in-time
Total shareholders' equity	`StockholdersEquity`	$691.84M	USD	Point-in-time
Total liabilities and shareholders' equity	`LiabilitiesAndStockholdersEquity`	$2.05B	USD	Point-in-time
Total liabilities and shareholders' equity	`LiabilitiesAndStockholdersEquity`	$1.65B	USD	Point-in-time

Income Statement 64 line items

Line Item	Tag	Value	Unit	Period
Revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$4.13B	USD	Annual
Revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$6.54B	USD	Annual
Revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$4.08B	USD	Annual
Investment income	`InterestIncomeOperating`	$5.04M	USD	Annual
Investment income	`InterestIncomeOperating`	$3.40M	USD	Annual
Investment income	`InterestIncomeOperating`	$2.86M	USD	Annual
Purchased transportation	`PurchasedTransportationCosts`	$3.13B	USD	Annual
Purchased transportation	`PurchasedTransportationCosts`	$5.11B	USD	Annual
Purchased transportation	`PurchasedTransportationCosts`	$3.19B	USD	Annual
Commissions to agents	`SalesCommissionsAndFees`	$342.23M	USD	Annual
Commissions to agents	`SalesCommissionsAndFees`	$507.21M	USD	Annual
Commissions to agents	`SalesCommissionsAndFees`	$340.78M	USD	Annual
Other operating costs, net of gains on asset sales/dispositions	`OtherCostAndExpenseOperating`	$36.53M	USD	Annual
Other operating costs, net of gains on asset sales/dispositions	`OtherCostAndExpenseOperating`	$37.27M	USD	Annual
Other operating costs, net of gains on asset sales/dispositions	`OtherCostAndExpenseOperating`	$30.46M	USD	Annual
Insurance and claims	`OperatingInsuranceAndClaimsCostsProduction`	$87.77M	USD	Annual
Insurance and claims	`OperatingInsuranceAndClaimsCostsProduction`	$105.46M	USD	Annual
Insurance and claims	`OperatingInsuranceAndClaimsCostsProduction`	$80.32M	USD	Annual
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$167.63M	USD	Annual
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$221.28M	USD	Annual
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$158.95M	USD	Annual
Depreciation and amortization	`DepreciationAndAmortization`	$45.85M	USD	Annual
Depreciation and amortization	`DepreciationAndAmortization`	$44.47M	USD	Annual
Depreciation and amortization	`DepreciationAndAmortization`	$49.61M	USD	Annual
Impairment of intangible and other assets	`ImpairmentOfIntangibleAssetsExcludingGoodwill`	$2.58M	USD	1 Quarter
Impairment of intangible and other assets	`ImpairmentOfIntangibleAssetsExcludingGoodwill`	-	USD	Annual
Impairment of intangible and other assets	`ImpairmentOfIntangibleAssetsExcludingGoodwill`	$2.58M	USD	Annual
Impairment of intangible and other assets	`ImpairmentOfIntangibleAssetsExcludingGoodwill`	-	USD	Annual
Commission program termination costs	`LossOnContractTermination`	-	USD	Annual
Commission program termination costs	`LossOnContractTermination`	$15.49M	USD	Annual
Commission program termination costs	`LossOnContractTermination`	-	USD	Annual
Total costs and expenses	`CostsAndExpenses`	$3.88B	USD	Annual
Total costs and expenses	`CostsAndExpenses`	$3.79B	USD	Annual
Total costs and expenses	`CostsAndExpenses`	$6.03B	USD	Annual
Operating income	`OperatingIncomeLoss`	$252.95M	USD	Annual
Operating income	`OperatingIncomeLoss`	$298.90M	USD	Annual
Operating income	`OperatingIncomeLoss`	$505.67M	USD	Annual
Interest and debt expense	`InterestAndDebtExpense`	$3.98M	USD	Annual
Interest and debt expense	`InterestAndDebtExpense`	$3.95M	USD	Annual
Interest and debt expense	`InterestAndDebtExpense`	$3.14M	USD	Annual
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$295.76M	USD	Annual
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$249.00M	USD	Annual
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$501.69M	USD	Annual
Income taxes	`IncomeTaxExpenseBenefit`	$68.06M	USD	Annual
Income taxes	`IncomeTaxExpenseBenefit`	$120.17M	USD	Annual
Income taxes	`IncomeTaxExpenseBenefit`	$56.89M	USD	Annual
Net income	`ProfitLoss`	$192.11M	USD	Annual
Net income	`ProfitLoss`	$227.70M	USD	Annual
Net income	`ProfitLoss`	$381.52M	USD	Annual
Less: Net loss attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	-	USD	Annual
Less: Net loss attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	-	USD	Annual
Less: Net loss attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$-17.00K	USD	Annual
Net income attributable to Landstar System, Inc. and subsidiary	`NetIncomeLoss`	$227.72M	USD	Annual
Net income attributable to Landstar System, Inc. and subsidiary	`NetIncomeLoss`	$192.11M	USD	Annual
Net income attributable to Landstar System, Inc. and subsidiary	`NetIncomeLoss`	$381.52M	USD	Annual
Diluted earnings per share attributable to Landstar System, Inc. and subsidiary	`EarningsPerShareDiluted`	$5.72	USD	Annual
Diluted earnings per share attributable to Landstar System, Inc. and subsidiary	`EarningsPerShareDiluted`	$9.98	USD	Annual
Diluted earnings per share attributable to Landstar System, Inc. and subsidiary	`EarningsPerShareDiluted`	$4.98	USD	Annual
Average diluted shares outstanding	`WeightedAverageNumberOfDilutedSharesOutstanding`	38.60M	shares	Annual
Average diluted shares outstanding	`WeightedAverageNumberOfDilutedSharesOutstanding`	38.23M	shares	Annual
Average diluted shares outstanding	`WeightedAverageNumberOfDilutedSharesOutstanding`	39.79M	shares	Annual
Dividends per common share	`CommonStockDividendsPerShareDeclared`	$2.79	USD	Annual
Dividends per common share	`CommonStockDividendsPerShareDeclared`	$2.70	USD	Annual
Dividends per common share	`CommonStockDividendsPerShareDeclared`	$2.92	USD	Annual

Cash Flow Statement 110 line items

Line Item	Tag	Value	Unit	Period
Net income	`ProfitLoss`	$192.11M	USD	Annual
Net income	`ProfitLoss`	$227.70M	USD	Annual
Net income	`ProfitLoss`	$381.52M	USD	Annual
Depreciation and amortization of operating property and intangible assets	`DepreciationAndAmortization`	$45.85M	USD	Annual
Depreciation and amortization of operating property and intangible assets	`DepreciationAndAmortization`	$44.47M	USD	Annual
Depreciation and amortization of operating property and intangible assets	`DepreciationAndAmortization`	$49.61M	USD	Annual
Non-cash interest charges	`AmortizationOfFinancingCosts`	$447.00K	USD	Annual
Non-cash interest charges	`AmortizationOfFinancingCosts`	$253.00K	USD	Annual
Non-cash interest charges	`AmortizationOfFinancingCosts`	$334.00K	USD	Annual
Provisions for losses on trade and other accounts receivable	`ProvisionForDoubtfulAccounts`	$5.72M	USD	Annual
Provisions for losses on trade and other accounts receivable	`ProvisionForDoubtfulAccounts`	$9.41M	USD	Annual
Provisions for losses on trade and other accounts receivable	`ProvisionForDoubtfulAccounts`	$9.83M	USD	Annual
Gains on sales/disposals of operating property	`GainLossOnSaleOfPropertyPlantEquipment`	$1.83M	USD	Annual
Gains on sales/disposals of operating property	`GainLossOnSaleOfPropertyPlantEquipment`	$1.02M	USD	Annual
Gains on sales/disposals of operating property	`GainLossOnSaleOfPropertyPlantEquipment`	$2.58M	USD	Annual
Impairment of intangible and other assets	`ImpairmentOfIntangibleAssetsExcludingGoodwill`	$2.58M	USD	1 Quarter
Impairment of intangible and other assets	`ImpairmentOfIntangibleAssetsExcludingGoodwill`	-	USD	Annual
Impairment of intangible and other assets	`ImpairmentOfIntangibleAssetsExcludingGoodwill`	$2.58M	USD	Annual
Impairment of intangible and other assets	`ImpairmentOfIntangibleAssetsExcludingGoodwill`	-	USD	Annual
Deferred income taxes, net	`IncreaseDecreaseInDeferredIncomeTaxes`	$-4.77M	USD	Annual
Deferred income taxes, net	`IncreaseDecreaseInDeferredIncomeTaxes`	$3.79M	USD	Annual
Deferred income taxes, net	`IncreaseDecreaseInDeferredIncomeTaxes`	$-1.13M	USD	Annual
Stock-based compensation	`ShareBasedCompensation`	$27.54M	USD	Annual
Stock-based compensation	`ShareBasedCompensation`	$4.24M	USD	Annual
Stock-based compensation	`ShareBasedCompensation`	$4.64M	USD	Annual
(Increase) decrease in trade and other accounts receivable	`IncreaseDecreaseInReceivables`	$362.23M	USD	Annual
(Increase) decrease in trade and other accounts receivable	`IncreaseDecreaseInReceivables`	$-81.42M	USD	Annual
(Increase) decrease in trade and other accounts receivable	`IncreaseDecreaseInReceivables`	$285.17M	USD	Annual
Decrease (increase) in other assets	`IncreaseDecreaseInOtherOperatingAssets`	$11.39M	USD	Annual
Decrease (increase) in other assets	`IncreaseDecreaseInOtherOperatingAssets`	$4.72M	USD	Annual
Decrease (increase) in other assets	`IncreaseDecreaseInOtherOperatingAssets`	$-4.44M	USD	Annual
Increase (decrease) in accounts payable	`IncreaseDecreaseInAccountsPayable`	$224.12M	USD	Annual
Increase (decrease) in accounts payable	`IncreaseDecreaseInAccountsPayable`	$-42.14M	USD	Annual
Increase (decrease) in accounts payable	`IncreaseDecreaseInAccountsPayable`	$108.09M	USD	Annual
Increase (decrease) in other liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$43.42M	USD	Annual
Increase (decrease) in other liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$28.50M	USD	Annual
Increase (decrease) in other liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$-17.79M	USD	Annual
(Decrease) increase in insurance claims	`IncreaseDecreaseInInsuranceLiabilities`	$7.50M	USD	Annual
(Decrease) increase in insurance claims	`IncreaseDecreaseInInsuranceLiabilities`	$110.53M	USD	Annual
(Decrease) increase in insurance claims	`IncreaseDecreaseInInsuranceLiabilities`	$-92.24M	USD	Annual
NET CASH PROVIDED BY OPERATING ACTIVITIES	`NetCashProvidedByUsedInOperatingActivities`	$210.72M	USD	Annual
NET CASH PROVIDED BY OPERATING ACTIVITIES	`NetCashProvidedByUsedInOperatingActivities`	$307.84M	USD	Annual
NET CASH PROVIDED BY OPERATING ACTIVITIES	`NetCashProvidedByUsedInOperatingActivities`	$276.74M	USD	Annual
Net change in other short-term investments	`IncreaseDecreaseInRestrictedCashAndInvestment`	-	USD	Annual
Net change in other short-term investments	`IncreaseDecreaseInRestrictedCashAndInvestment`	$131.00K	USD	Annual
Net change in other short-term investments	`IncreaseDecreaseInRestrictedCashAndInvestment`	$-131.00K	USD	Annual
Sales and maturities of investments	`ProceedsFromSaleAndMaturityOfMarketableSecurities`	$62.92M	USD	Annual
Sales and maturities of investments	`ProceedsFromSaleAndMaturityOfMarketableSecurities`	$31.94M	USD	Annual
Sales and maturities of investments	`ProceedsFromSaleAndMaturityOfMarketableSecurities`	$22.63M	USD	Annual
Purchases of investments	`PaymentsToAcquireMarketableSecurities`	$65.92M	USD	Annual
Purchases of investments	`PaymentsToAcquireMarketableSecurities`	$84.99M	USD	Annual
Purchases of investments	`PaymentsToAcquireMarketableSecurities`	$25.55M	USD	Annual
Purchases of operating property	`PaymentsToAcquirePropertyPlantAndEquipment`	$30.63M	USD	Annual
Purchases of operating property	`PaymentsToAcquirePropertyPlantAndEquipment`	$19.42M	USD	Annual
Purchases of operating property	`PaymentsToAcquirePropertyPlantAndEquipment`	$23.26M	USD	Annual
Proceeds from sales of operating property	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$2.97M	USD	Annual
Proceeds from sales of operating property	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$3.99M	USD	Annual
Proceeds from sales of operating property	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$7.76M	USD	Annual
Consideration paid for acquisition	`PaymentsToAcquireBusinessesGross`	-	USD	Annual
Consideration paid for acquisition	`PaymentsToAcquireBusinessesGross`	$2.77M	USD	Annual
Consideration paid for acquisition	`PaymentsToAcquireBusinessesGross`	-	USD	Annual
Consideration paid for acquisition	`PaymentsToAcquireBusinessesGross`	$2.77M	USD	Point-in-time
NET CASH USED BY INVESTING ACTIVITIES	`NetCashProvidedByUsedInInvestingActivities`	$-28.42M	USD	Annual
NET CASH USED BY INVESTING ACTIVITIES	`NetCashProvidedByUsedInInvestingActivities`	$-18.56M	USD	Annual
NET CASH USED BY INVESTING ACTIVITIES	`NetCashProvidedByUsedInInvestingActivities`	$-73.34M	USD	Annual
Increase (decrease) in cash overdraft	`ProceedsFromRepaymentsOfBankOverdrafts`	$-1.46M	USD	Annual
Increase (decrease) in cash overdraft	`ProceedsFromRepaymentsOfBankOverdrafts`	$20.87M	USD	Annual
Increase (decrease) in cash overdraft	`ProceedsFromRepaymentsOfBankOverdrafts`	$41.73M	USD	Annual
Dividends paid	`PaymentsOfDividends`	$109.50M	USD	Annual
Dividends paid	`PaymentsOfDividends`	$27.89M	USD	Annual
Dividends paid	`PaymentsOfDividends`	$111.96M	USD	Annual
Payment for debt issue costs	`PaymentsOfDebtIssuanceCosts`	-	USD	Annual
Payment for debt issue costs	`PaymentsOfDebtIssuanceCosts`	$1.13M	USD	Annual
Payment for debt issue costs	`PaymentsOfDebtIssuanceCosts`	-	USD	Annual
Proceeds from exercises of stock options	`ProceedsFromStockOptionsExercised`	$725.00K	USD	Annual
Proceeds from exercises of stock options	`ProceedsFromStockOptionsExercised`	$1.06M	USD	Annual
Proceeds from exercises of stock options	`ProceedsFromStockOptionsExercised`	$160.00K	USD	Annual
Taxes paid in lieu of shares issued related to stock-based compensation plans	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$3.33M	USD	Annual
Taxes paid in lieu of shares issued related to stock-based compensation plans	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$8.46M	USD	Annual
Taxes paid in lieu of shares issued related to stock-based compensation plans	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$2.34M	USD	Annual
Purchases of common stock	`PaymentsForRepurchaseOfCommonStock`	$122.72M	USD	Annual
Purchases of common stock	`PaymentsForRepurchaseOfCommonStock`	$115.96M	USD	Annual
Purchases of common stock	`PaymentsForRepurchaseOfCommonStock`	$88.58M	USD	Annual
Principal payments on finance lease obligations	`RepaymentsOfLongTermDebtAndCapitalSecurities`	$37.64M	USD	Annual
Principal payments on finance lease obligations	`RepaymentsOfLongTermDebtAndCapitalSecurities`	$44.63M	USD	Annual
Principal payments on finance lease obligations	`RepaymentsOfLongTermDebtAndCapitalSecurities`	$43.70M	USD	Annual
Purchase of noncontrolling interest	`PaymentsToMinorityShareholders`	-	USD	Annual
Purchase of noncontrolling interest	`PaymentsToMinorityShareholders`	-	USD	Annual
Purchase of noncontrolling interest	`PaymentsToMinorityShareholders`	$600.00K	USD	Annual
Payment of deferred consideration	`PaymentForContingentConsiderationLiabilityFinancingActivities`	$168.00K	USD	Annual
Payment of deferred consideration	`PaymentForContingentConsiderationLiabilityFinancingActivities`	$168.00K	USD	1 Quarter
Payment of deferred consideration	`PaymentForContingentConsiderationLiabilityFinancingActivities`	-	USD	Annual
Payment of deferred consideration	`PaymentForContingentConsiderationLiabilityFinancingActivities`	-	USD	Annual
NET CASH USED BY FINANCING ACTIVITIES	`NetCashProvidedByUsedInFinancingActivities`	$-232.95M	USD	Annual
NET CASH USED BY FINANCING ACTIVITIES	`NetCashProvidedByUsedInFinancingActivities`	$-170.56M	USD	Annual
NET CASH USED BY FINANCING ACTIVITIES	`NetCashProvidedByUsedInFinancingActivities`	$-252.03M	USD	Annual
Effect of exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashAndCashEquivalents`	$-232.00K	USD	Annual
Effect of exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashAndCashEquivalents`	$-427.00K	USD	Annual
Effect of exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashAndCashEquivalents`	$1.06M	USD	Annual
(Decrease) increase in cash, cash equivalents and and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-70.16M	USD	Annual
(Decrease) increase in cash, cash equivalents and and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-29.78M	USD	Annual
(Decrease) increase in cash, cash equivalents and and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$119.78M	USD	Annual
Cash, cash equivalents and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$249.35M	USD	Point-in-time
Cash, cash equivalents and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$319.51M	USD	Point-in-time
Cash, cash equivalents and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$199.74M	USD	Point-in-time
Cash, cash equivalents and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$219.57M	USD	Point-in-time
Cash, cash equivalents and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$249.35M	USD	Point-in-time
Cash, cash equivalents and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$319.51M	USD	Point-in-time
Cash, cash equivalents and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$199.74M	USD	Point-in-time
Cash, cash equivalents and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$219.57M	USD	Point-in-time

Stockholders Equity 30 line items

Line Item	Tag	Value	Unit	Period
Dividends per common share	`CommonStockDividendsPerShareDeclared`	$2.79	USD	Annual
Dividends per common share	`CommonStockDividendsPerShareDeclared`	$2.70	USD	Annual
Dividends per common share	`CommonStockDividendsPerShareDeclared`	$2.92	USD	Annual
Beginning Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$862.01M	USD	Point-in-time
Beginning Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$691.84M	USD	Point-in-time
Beginning Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$721.47M	USD	Point-in-time
Beginning Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$689.13M	USD	Point-in-time
Net income (loss)	`ProfitLoss`	$192.11M	USD	Annual
Net income (loss)	`ProfitLoss`	$227.70M	USD	Annual
Net income (loss)	`ProfitLoss`	$381.52M	USD	Annual
Dividends	`DividendsCommonStockCash`	$110.58M	USD	Annual
Dividends	`DividendsCommonStockCash`	$107.33M	USD	Annual
Dividends	`DividendsCommonStockCash`	$106.84M	USD	Annual
Purchases of common stock	`TreasuryStockValueAcquiredCostMethod`	$115.96M	USD	Annual
Purchases of common stock	`TreasuryStockValueAcquiredCostMethod`	$122.72M	USD	Annual
Purchases of common stock	`TreasuryStockValueAcquiredCostMethod`	$88.58M	USD	Annual
Purchase noncontrolling interests	`MinorityInterestDecreaseFromRedemptions`	$-600.00K	USD	Annual
Issuance of stock related to stock-based compensation plans	`StockIssuedDuringPeriodValueShareBasedCompensation`	$-2.60M	USD	Annual
Issuance of stock related to stock-based compensation plans	`StockIssuedDuringPeriodValueShareBasedCompensation`	$-7.40M	USD	Annual
Issuance of stock related to stock-based compensation plans	`StockIssuedDuringPeriodValueShareBasedCompensation`	$-2.18M	USD	Annual
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$4.24M	USD	Annual
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$27.54M	USD	Annual
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$4.64M	USD	Annual
Other comprehensive (loss) income	`OtherComprehensiveIncomeLossNetOfTax`	$-3.40M	USD	Annual
Other comprehensive (loss) income	`OtherComprehensiveIncomeLossNetOfTax`	$213.00K	USD	Annual
Other comprehensive (loss) income	`OtherComprehensiveIncomeLossNetOfTax`	$3.81M	USD	Annual
Ending Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$862.01M	USD	Point-in-time
Ending Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$691.84M	USD	Point-in-time
Ending Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$721.47M	USD	Point-in-time
Ending Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$689.13M	USD	Point-in-time

Comprehensive Income 18 line items

Line Item	Tag	Value	Unit	Period
Net income attributable to Landstar System, Inc. and subsidiary	`NetIncomeLoss`	$227.72M	USD	Annual
Unrealized holding (losses) gains on available-for-sale investments, tax (benefit) expense	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesTax`	$463.00K	USD	Annual
Net income attributable to Landstar System, Inc. and subsidiary	`NetIncomeLoss`	$192.11M	USD	Annual
Unrealized holding (losses) gains on available-for-sale investments, tax (benefit) expense	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesTax`	$561.00K	USD	Annual
Net income attributable to Landstar System, Inc. and subsidiary	`NetIncomeLoss`	$381.52M	USD	Annual
Unrealized holding (losses) gains on available-for-sale investments, tax (benefit) expense	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesTax`	$-739.00K	USD	Annual
Unrealized holding (losses) gains on available-for-sale investments, net of tax (benefit) expense of ($739), $463, $561	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-2.69M	USD	Annual
Unrealized holding (losses) gains on available-for-sale investments, net of tax (benefit) expense of ($739), $463, $561	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$2.05M	USD	Annual
Unrealized holding (losses) gains on available-for-sale investments, net of tax (benefit) expense of ($739), $463, $561	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$1.69M	USD	Annual
Foreign currency translation (losses) gains	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$1.61M	USD	Annual
Foreign currency translation (losses) gains	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-1.48M	USD	Annual
Foreign currency translation (losses) gains	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-709.00K	USD	Annual
Other comprehensive (loss) income	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-3.40M	USD	Annual
Other comprehensive (loss) income	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$3.66M	USD	Annual
Other comprehensive (loss) income	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$213.00K	USD	Annual
Comprehensive income attributable to Landstar System, Inc. and subsidiary	`ComprehensiveIncomeNetOfTax`	$231.38M	USD	Annual
Comprehensive income attributable to Landstar System, Inc. and subsidiary	`ComprehensiveIncomeNetOfTax`	$192.32M	USD	Annual
Comprehensive income attributable to Landstar System, Inc. and subsidiary	`ComprehensiveIncomeNetOfTax`	$378.12M	USD	Annual

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