10-Q Filing

HUNT J B TRANSPORT SERVICES INC CIK: 728535 Q2 2017

Filing Information

Form Type	10-Q
Accession Number	`0001437749-17-013293`
Period End Date	20170630
Filing Date	20170728
Fiscal Year	2017
Fiscal Period	Q2
XBRL Instance	jbht-20170630.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 40 Income Statement 93 Cash Flow Statement 66

Balance Sheet 40 line items

Line Item	Tag	Value	Unit	Period
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$11.28M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$7.27M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$5.57M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$6.38M	USD	Point-in-time
Trade accounts receivable, net	`AccountsReceivableNetCurrent`	$749.04M	USD	Point-in-time
Trade accounts receivable, net	`AccountsReceivableNetCurrent`	$745.29M	USD	Point-in-time
Prepaid expenses and other	`PrepaidInsurance`	$194.02M	USD	Point-in-time
Prepaid expenses and other	`PrepaidInsurance`	$152.03M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$908.35M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$945.68M	USD	Point-in-time
Property and equipment, at cost	`PropertyPlantAndEquipmentGross`	$4.38B	USD	Point-in-time
Property and equipment, at cost	`PropertyPlantAndEquipmentGross`	$4.26B	USD	Point-in-time
Less accumulated depreciation	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$1.44B	USD	Point-in-time
Less accumulated depreciation	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$1.56B	USD	Point-in-time
Net property and equipment	`PropertyPlantAndEquipmentNet`	$2.82B	USD	Point-in-time
Net property and equipment	`PropertyPlantAndEquipmentNet`	$2.82B	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$50.00M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$64.52M	USD	Point-in-time
Total assets	`Assets`	$3.78B	USD	Point-in-time
Total assets	`Assets`	$3.83B	USD	Point-in-time
Trade accounts payable	`AccountsPayableTradeCurrent`	$419.31M	USD	Point-in-time
Trade accounts payable	`AccountsPayableTradeCurrent`	$384.31M	USD	Point-in-time
Claims accruals	`OtherAccruedLiabilitiesCurrent`	$114.07M	USD	Point-in-time
Claims accruals	`OtherAccruedLiabilitiesCurrent`	$109.75M	USD	Point-in-time
Accrued payroll	`EmployeeRelatedLiabilitiesCurrent`	$46.29M	USD	Point-in-time
Accrued payroll	`EmployeeRelatedLiabilitiesCurrent`	$51.93M	USD	Point-in-time
Other accrued expenses	`AccruedLiabilitiesCurrent`	$28.43M	USD	Point-in-time
Other accrued expenses	`AccruedLiabilitiesCurrent`	$27.15M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$573.13M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$608.09M	USD	Point-in-time
Long-term debt	`LongTermDebtNoncurrent`	$986.28M	USD	Point-in-time
Long-term debt	`LongTermDebtNoncurrent`	$943.17M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$66.12M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$64.88M	USD	Point-in-time
Deferred income taxes	`DeferredTaxLiabilitiesNoncurrent`	$790.63M	USD	Point-in-time
Deferred income taxes	`DeferredTaxLiabilitiesNoncurrent`	$753.28M	USD	Point-in-time
Stockholders' equity	`StockholdersEquity`	$1.41B	USD	Point-in-time
Stockholders' equity	`StockholdersEquity`	$1.41B	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$3.78B	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$3.83B	USD	Point-in-time

Income Statement 93 line items

Line Item	Tag	Value	Unit	Period
Operating revenues, excluding fuel surcharge revenues	`SalesRevenueServicesNet`	$1.55B	USD	1 Quarter
Operating revenues, excluding fuel surcharge revenues	`SalesRevenueServicesNet`	$3.01B	USD	2 Qtrs
Operating revenues, excluding fuel surcharge revenues	`SalesRevenueServicesNet`	$1.48B	USD	1 Quarter
Operating revenues, excluding fuel surcharge revenues	`SalesRevenueServicesNet`	$2.91B	USD	2 Qtrs
Fuel surcharge revenues	`FuelSurchargeRevenues`	$233.73M	USD	2 Qtrs
Fuel surcharge revenues	`FuelSurchargeRevenues`	$131.67M	USD	1 Quarter
Fuel surcharge revenues	`FuelSurchargeRevenues`	$175.86M	USD	1 Quarter
Fuel surcharge revenues	`FuelSurchargeRevenues`	$343.25M	USD	2 Qtrs
Total operating revenues	`Revenues`	$1.62B	USD	1 Quarter
Total operating revenues	`Revenues`	$1.73B	USD	1 Quarter
Total operating revenues	`Revenues`	$3.14B	USD	2 Qtrs
Total operating revenues	`Revenues`	$3.36B	USD	2 Qtrs
Rents and purchased transportation	`RentsAndPurchasedTransportation`	$1.54B	USD	2 Qtrs
Rents and purchased transportation	`RentsAndPurchasedTransportation`	$794.91M	USD	1 Quarter
Rents and purchased transportation	`RentsAndPurchasedTransportation`	$1.68B	USD	2 Qtrs
Rents and purchased transportation	`RentsAndPurchasedTransportation`	$871.12M	USD	1 Quarter
Salaries, wages and employee benefits	`LaborAndRelatedExpense`	$734.48M	USD	2 Qtrs
Salaries, wages and employee benefits	`LaborAndRelatedExpense`	$389.87M	USD	1 Quarter
Salaries, wages and employee benefits	`LaborAndRelatedExpense`	$770.18M	USD	2 Qtrs
Salaries, wages and employee benefits	`LaborAndRelatedExpense`	$371.97M	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$185.24M	USD	2 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$93.05M	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$178.72M	USD	2 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$90.36M	USD	1 Quarter
Fuel and fuel taxes	`FuelCosts`	$130.90M	USD	2 Qtrs
Fuel and fuel taxes	`FuelCosts`	$159.72M	USD	2 Qtrs
Fuel and fuel taxes	`FuelCosts`	$79.07M	USD	1 Quarter
Fuel and fuel taxes	`FuelCosts`	$71.49M	USD	1 Quarter
Operating supplies and expenses	`OperatingSuppliesAndExpenses`	$56.49M	USD	1 Quarter
Operating supplies and expenses	`OperatingSuppliesAndExpenses`	$122.51M	USD	2 Qtrs
Operating supplies and expenses	`OperatingSuppliesAndExpenses`	$111.03M	USD	2 Qtrs
Operating supplies and expenses	`OperatingSuppliesAndExpenses`	$64.49M	USD	1 Quarter
Insurance and claims	`OperatingInsuranceAndClaimsCostsProduction`	$19.09M	USD	1 Quarter
Insurance and claims	`OperatingInsuranceAndClaimsCostsProduction`	$50.47M	USD	2 Qtrs
Insurance and claims	`OperatingInsuranceAndClaimsCostsProduction`	$36.52M	USD	2 Qtrs
Insurance and claims	`OperatingInsuranceAndClaimsCostsProduction`	$27.46M	USD	1 Quarter
General and administrative expenses, net of asset dispositions	`OtherSellingGeneralAndAdministrativeExpense`	$40.55M	USD	2 Qtrs
General and administrative expenses, net of asset dispositions	`OtherSellingGeneralAndAdministrativeExpense`	$18.71M	USD	1 Quarter
General and administrative expenses, net of asset dispositions	`OtherSellingGeneralAndAdministrativeExpense`	$21.73M	USD	1 Quarter
General and administrative expenses, net of asset dispositions	`OtherSellingGeneralAndAdministrativeExpense`	$45.21M	USD	2 Qtrs
Operating taxes and licenses	`CostOfServicesDirectTaxesAndLicensesCosts`	$22.49M	USD	2 Qtrs
Operating taxes and licenses	`CostOfServicesDirectTaxesAndLicensesCosts`	$11.37M	USD	1 Quarter
Operating taxes and licenses	`CostOfServicesDirectTaxesAndLicensesCosts`	$10.90M	USD	1 Quarter
Operating taxes and licenses	`CostOfServicesDirectTaxesAndLicensesCosts`	$21.59M	USD	2 Qtrs
Communication and utilities	`DirectCommunicationsAndUtilitiesCosts`	$4.84M	USD	1 Quarter
Communication and utilities	`DirectCommunicationsAndUtilitiesCosts`	$10.60M	USD	2 Qtrs
Communication and utilities	`DirectCommunicationsAndUtilitiesCosts`	$5.60M	USD	1 Quarter
Communication and utilities	`DirectCommunicationsAndUtilitiesCosts`	$10.06M	USD	2 Qtrs
Total operating expenses	`CostsAndExpenses`	$3.04B	USD	2 Qtrs
Total operating expenses	`CostsAndExpenses`	$2.80B	USD	2 Qtrs
Total operating expenses	`CostsAndExpenses`	$1.56B	USD	1 Quarter
Total operating expenses	`CostsAndExpenses`	$1.44B	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$175.79M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$163.62M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$343.68M	USD	2 Qtrs
Operating income	`OperatingIncomeLoss`	$313.00M	USD	2 Qtrs
Net interest expense	`InterestExpense`	$14.21M	USD	2 Qtrs
Net interest expense	`InterestExpense`	$12.86M	USD	2 Qtrs
Net interest expense	`InterestExpense`	$7.39M	USD	1 Quarter
Net interest expense	`InterestExpense`	$6.42M	USD	1 Quarter
Earnings before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$156.22M	USD	1 Quarter
Earnings before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$330.82M	USD	2 Qtrs
Earnings before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$298.79M	USD	2 Qtrs
Earnings before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$169.37M	USD	1 Quarter
Income taxes	`IncomeTaxExpenseBenefit`	$58.35M	USD	1 Quarter
Income taxes	`IncomeTaxExpenseBenefit`	$64.36M	USD	1 Quarter
Income taxes	`IncomeTaxExpenseBenefit`	$125.71M	USD	2 Qtrs
Income taxes	`IncomeTaxExpenseBenefit`	$98.22M	USD	2 Qtrs
Net earnings	`NetIncomeLoss`	$97.87M	USD	1 Quarter
Net earnings	`NetIncomeLoss`	$205.11M	USD	2 Qtrs
Net earnings	`NetIncomeLoss`	$105.01M	USD	1 Quarter
Net earnings	`NetIncomeLoss`	$200.57M	USD	2 Qtrs
Weighted average basic shares outstanding (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	112.87M	shares	2 Qtrs
Weighted average basic shares outstanding (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	112.67M	shares	1 Quarter
Weighted average basic shares outstanding (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	109.63M	shares	1 Quarter
Weighted average basic shares outstanding (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	110.25M	shares	2 Qtrs
Basic earnings per share (in dollars per share)	`EarningsPerShareBasic`	$1.82	USD	2 Qtrs
Basic earnings per share (in dollars per share)	`EarningsPerShareBasic`	$0.89	USD	1 Quarter
Basic earnings per share (in dollars per share)	`EarningsPerShareBasic`	$0.93	USD	1 Quarter
Basic earnings per share (in dollars per share)	`EarningsPerShareBasic`	$1.82	USD	2 Qtrs
Weighted average diluted shares outstanding (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	111.42M	shares	2 Qtrs
Weighted average diluted shares outstanding (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	113.76M	shares	1 Quarter
Weighted average diluted shares outstanding (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	113.88M	shares	2 Qtrs
Weighted average diluted shares outstanding (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	110.82M	shares	1 Quarter
Diluted earnings per share (in dollars per share)	`EarningsPerShareDiluted`	$1.80	USD	2 Qtrs
Diluted earnings per share (in dollars per share)	`EarningsPerShareDiluted`	$0.92	USD	1 Quarter
Diluted earnings per share (in dollars per share)	`EarningsPerShareDiluted`	$1.80	USD	2 Qtrs
Diluted earnings per share (in dollars per share)	`EarningsPerShareDiluted`	$0.88	USD	1 Quarter
Dividends declared per common share (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$0.44	USD	2 Qtrs
Dividends declared per common share (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$0.23	USD	Point-in-time
Dividends declared per common share (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$0.22	USD	1 Quarter
Dividends declared per common share (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$0.23	USD	1 Quarter
Dividends declared per common share (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$0.46	USD	2 Qtrs

Cash Flow Statement 66 line items

Line Item	Tag	Value	Unit	Period
Net earnings	`NetIncomeLoss`	$97.87M	USD	1 Quarter
Net earnings	`NetIncomeLoss`	$205.11M	USD	2 Qtrs
Net earnings	`NetIncomeLoss`	$105.01M	USD	1 Quarter
Net earnings	`NetIncomeLoss`	$200.57M	USD	2 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$185.24M	USD	2 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$93.05M	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$178.72M	USD	2 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$90.36M	USD	1 Quarter
Share-based compensation	`ShareBasedCompensation`	$22.91M	USD	2 Qtrs
Share-based compensation	`ShareBasedCompensation`	$23.11M	USD	2 Qtrs
Loss on sale of revenue equipment and other	`GainLossOnSaleOfPropertyPlantEquipment`	$-1.03M	USD	2 Qtrs
Loss on sale of revenue equipment and other	`GainLossOnSaleOfPropertyPlantEquipment`	$-3.39M	USD	2 Qtrs
Benefit from deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$-37.36M	USD	2 Qtrs
Benefit from deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$2.35M	USD	2 Qtrs
Trade accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$75.70M	USD	2 Qtrs
Trade accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$3.75M	USD	2 Qtrs
Other assets	`IncreaseDecreaseInOtherOperatingAssets`	$-47.27M	USD	2 Qtrs
Other assets	`IncreaseDecreaseInOtherOperatingAssets`	$-33.50M	USD	2 Qtrs
Trade accounts payable	`IncreaseDecreaseInAccountsPayable`	$11.27M	USD	2 Qtrs
Trade accounts payable	`IncreaseDecreaseInAccountsPayable`	$13.27M	USD	2 Qtrs
Income taxes payable or receivable	`IncreaseDecreaseInIncomeTaxes`	$11.37M	USD	2 Qtrs
Income taxes payable or receivable	`IncreaseDecreaseInIncomeTaxes`	$72.04M	USD	2 Qtrs
Claims accruals	`IncreaseDecreaseInOtherAccruedLiabilities`	$11.41M	USD	2 Qtrs
Claims accruals	`IncreaseDecreaseInOtherAccruedLiabilities`	$4.33M	USD	2 Qtrs
Accrued payroll and other accrued expenses	`IncreaseDecreaseInAccruedLiabilities`	$11.50M	USD	2 Qtrs
Accrued payroll and other accrued expenses	`IncreaseDecreaseInAccruedLiabilities`	$-4.00M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$443.45M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$474.14M	USD	2 Qtrs
Additions to property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$351.51M	USD	2 Qtrs
Additions to property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$176.66M	USD	2 Qtrs
Net proceeds from sale of equipment	`ProceedsFromSaleOfMachineryAndEquipment`	$11.57M	USD	2 Qtrs
Net proceeds from sale of equipment	`ProceedsFromSaleOfMachineryAndEquipment`	$93.55M	USD	2 Qtrs
Changes in other assets	`PaymentsForProceedsFromOtherInvestingActivities`	$3.46M	USD	2 Qtrs
Changes in other assets	`PaymentsForProceedsFromOtherInvestingActivities`	$7.00K	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivitiesContinuingOperations`	$-168.56M	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivitiesContinuingOperations`	$-257.96M	USD	2 Qtrs
Proceeds from revolving lines of credit and other	`ProceedsFromLinesOfCredit`	$1.25B	USD	2 Qtrs
Proceeds from revolving lines of credit and other	`ProceedsFromLinesOfCredit`	$676.69M	USD	2 Qtrs
Payments on revolving lines of credit and other	`RepaymentsOfLinesOfCredit`	$738.20M	USD	2 Qtrs
Payments on revolving lines of credit and other	`RepaymentsOfLinesOfCredit`	$1.29B	USD	2 Qtrs
Purchase of treasury stock	`PaymentsForRepurchaseOfCommonStock`	$179.81M	USD	2 Qtrs
Purchase of treasury stock	`PaymentsForRepurchaseOfCommonStock`	$100.00M	USD	2 Qtrs
Stock option exercises and other	`ProceedsFromStockOptionsExercisedAndOther`	$1.10M	USD	2 Qtrs
Stock option exercises and other	`ProceedsFromStockOptionsExercisedAndOther`	$1.34M	USD	2 Qtrs
Stock repurchased for payroll taxes	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$431.00K	USD	2 Qtrs
Stock repurchased for payroll taxes	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$975.00K	USD	2 Qtrs
Tax benefit of stock options exercised	`ExcessTaxBenefitFromShareBasedCompensationFinancingActivities`	-	USD	2 Qtrs
Tax benefit of stock options exercised	`ExcessTaxBenefitFromShareBasedCompensationFinancingActivities`	$280.00K	USD	2 Qtrs
Dividends paid	`PaymentsOfDividends`	$50.88M	USD	2 Qtrs
Dividends paid	`PaymentsOfDividends`	$49.60M	USD	2 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivitiesContinuingOperations`	$-273.99M	USD	2 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivitiesContinuingOperations`	$-210.46M	USD	2 Qtrs
Net change in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$5.71M	USD	2 Qtrs
Net change in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$897.00K	USD	2 Qtrs
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$11.28M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$7.27M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$5.57M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$6.38M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$11.28M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$7.27M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$5.57M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$6.38M	USD	Point-in-time
Interest	`InterestPaid`	$12.86M	USD	2 Qtrs
Interest	`InterestPaid`	$14.48M	USD	2 Qtrs
Income taxes	`IncomeTaxesPaid`	$122.72M	USD	2 Qtrs
Income taxes	`IncomeTaxesPaid`	$49.04M	USD	2 Qtrs

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