10-Q Filing

HUNT J B TRANSPORT SERVICES INC CIK: 728535 Q3 2017

Filing Information

Form Type	10-Q
Accession Number	`0001437749-17-017754`
Period End Date	20170930
Filing Date	20171027
Fiscal Year	2017
Fiscal Period	Q3
XBRL Instance	jbht-20170930.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 44 Income Statement 93 Cash Flow Statement 68

Balance Sheet 44 line items

Line Item	Tag	Value	Unit	Period
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$6.38M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$5.57M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$5.48M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$7.71M	USD	Point-in-time
Trade accounts receivable, net	`AccountsReceivableNetCurrent`	$745.29M	USD	Point-in-time
Trade accounts receivable, net	`AccountsReceivableNetCurrent`	$858.72M	USD	Point-in-time
Prepaid expenses and other	`PrepaidInsurance`	$140.16M	USD	Point-in-time
Prepaid expenses and other	`PrepaidInsurance`	$194.02M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$945.68M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$1.01B	USD	Point-in-time
Property and equipment, at cost	`PropertyPlantAndEquipmentGross`	$4.26B	USD	Point-in-time
Property and equipment, at cost	`PropertyPlantAndEquipmentGross`	$4.51B	USD	Point-in-time
Less accumulated depreciation	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$1.44B	USD	Point-in-time
Less accumulated depreciation	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$1.63B	USD	Point-in-time
Net property and equipment	`PropertyPlantAndEquipmentNet`	$2.88B	USD	Point-in-time
Net property and equipment	`PropertyPlantAndEquipmentNet`	$2.82B	USD	Point-in-time
Goodwill	`Goodwill`	$55.74M	USD	Point-in-time
Goodwill	`Goodwill`	-	USD	Point-in-time
Other intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$58.69M	USD	Point-in-time
Other intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	-	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$64.52M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$57.10M	USD	Point-in-time
Total assets	`Assets`	$4.05B	USD	Point-in-time
Total assets	`Assets`	$3.83B	USD	Point-in-time
Trade accounts payable	`AccountsPayableTradeCurrent`	$384.31M	USD	Point-in-time
Trade accounts payable	`AccountsPayableTradeCurrent`	$493.58M	USD	Point-in-time
Claims accruals	`OtherAccruedLiabilitiesCurrent`	$109.75M	USD	Point-in-time
Claims accruals	`OtherAccruedLiabilitiesCurrent`	$117.64M	USD	Point-in-time
Accrued payroll	`EmployeeRelatedLiabilitiesCurrent`	$47.51M	USD	Point-in-time
Accrued payroll	`EmployeeRelatedLiabilitiesCurrent`	$51.93M	USD	Point-in-time
Other accrued expenses	`AccruedLiabilitiesCurrent`	$23.01M	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`	$681.75M	USD	Point-in-time
Long-term debt	`LongTermDebtNoncurrent`	$986.28M	USD	Point-in-time
Long-term debt	`LongTermDebtNoncurrent`	$1.08B	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$68.56M	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`	$746.83M	USD	Point-in-time
Stockholders' equity	`StockholdersEquity`	$1.41B	USD	Point-in-time
Stockholders' equity	`StockholdersEquity`	$1.47B	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$3.83B	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$4.05B	USD	Point-in-time

Income Statement 93 line items

Line Item	Tag	Value	Unit	Period
Operating revenues, excluding fuel surcharge revenues	`SalesRevenueServicesNet`	$4.45B	USD	3 Qtrs
Operating revenues, excluding fuel surcharge revenues	`SalesRevenueServicesNet`	$1.66B	USD	1 Quarter
Operating revenues, excluding fuel surcharge revenues	`SalesRevenueServicesNet`	$1.54B	USD	1 Quarter
Operating revenues, excluding fuel surcharge revenues	`SalesRevenueServicesNet`	$4.67B	USD	3 Qtrs
Fuel surcharge revenues	`FuelSurchargeRevenues`	$185.95M	USD	1 Quarter
Fuel surcharge revenues	`FuelSurchargeRevenues`	$151.96M	USD	1 Quarter
Fuel surcharge revenues	`FuelSurchargeRevenues`	$529.21M	USD	3 Qtrs
Fuel surcharge revenues	`FuelSurchargeRevenues`	$385.69M	USD	3 Qtrs
Total operating revenues	`Revenues`	$4.83B	USD	3 Qtrs
Total operating revenues	`Revenues`	$1.69B	USD	1 Quarter
Total operating revenues	`Revenues`	$1.84B	USD	1 Quarter
Total operating revenues	`Revenues`	$5.20B	USD	3 Qtrs
Rents and purchased transportation	`RentsAndPurchasedTransportation`	$2.38B	USD	3 Qtrs
Rents and purchased transportation	`RentsAndPurchasedTransportation`	$2.62B	USD	3 Qtrs
Rents and purchased transportation	`RentsAndPurchasedTransportation`	$947.14M	USD	1 Quarter
Rents and purchased transportation	`RentsAndPurchasedTransportation`	$846.24M	USD	1 Quarter
Salaries, wages and employee benefits	`LaborAndRelatedExpense`	$1.18B	USD	3 Qtrs
Salaries, wages and employee benefits	`LaborAndRelatedExpense`	$1.11B	USD	3 Qtrs
Salaries, wages and employee benefits	`LaborAndRelatedExpense`	$374.52M	USD	1 Quarter
Salaries, wages and employee benefits	`LaborAndRelatedExpense`	$408.34M	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$95.96M	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$269.72M	USD	3 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$281.20M	USD	3 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$91.00M	USD	1 Quarter
Fuel and fuel taxes	`FuelCosts`	$74.18M	USD	1 Quarter
Fuel and fuel taxes	`FuelCosts`	$246.72M	USD	3 Qtrs
Fuel and fuel taxes	`FuelCosts`	$87.01M	USD	1 Quarter
Fuel and fuel taxes	`FuelCosts`	$205.08M	USD	3 Qtrs
Operating supplies and expenses	`OperatingSuppliesAndExpenses`	$62.19M	USD	1 Quarter
Operating supplies and expenses	`OperatingSuppliesAndExpenses`	$173.22M	USD	3 Qtrs
Operating supplies and expenses	`OperatingSuppliesAndExpenses`	$67.58M	USD	1 Quarter
Operating supplies and expenses	`OperatingSuppliesAndExpenses`	$190.09M	USD	3 Qtrs
Insurance and claims	`OperatingInsuranceAndClaimsCostsProduction`	$76.93M	USD	3 Qtrs
Insurance and claims	`OperatingInsuranceAndClaimsCostsProduction`	$58.38M	USD	3 Qtrs
Insurance and claims	`OperatingInsuranceAndClaimsCostsProduction`	$26.46M	USD	1 Quarter
Insurance and claims	`OperatingInsuranceAndClaimsCostsProduction`	$21.86M	USD	1 Quarter
General and administrative expenses, net of asset dispositions	`OtherSellingGeneralAndAdministrativeExpense`	$74.60M	USD	3 Qtrs
General and administrative expenses, net of asset dispositions	`OtherSellingGeneralAndAdministrativeExpense`	$61.57M	USD	3 Qtrs
General and administrative expenses, net of asset dispositions	`OtherSellingGeneralAndAdministrativeExpense`	$29.39M	USD	1 Quarter
General and administrative expenses, net of asset dispositions	`OtherSellingGeneralAndAdministrativeExpense`	$21.02M	USD	1 Quarter
Operating taxes and licenses	`CostOfServicesDirectTaxesAndLicensesCosts`	$32.33M	USD	3 Qtrs
Operating taxes and licenses	`CostOfServicesDirectTaxesAndLicensesCosts`	$10.74M	USD	1 Quarter
Operating taxes and licenses	`CostOfServicesDirectTaxesAndLicensesCosts`	$11.66M	USD	1 Quarter
Operating taxes and licenses	`CostOfServicesDirectTaxesAndLicensesCosts`	$34.16M	USD	3 Qtrs
Communication and utilities	`DirectCommunicationsAndUtilitiesCosts`	$5.00M	USD	1 Quarter
Communication and utilities	`DirectCommunicationsAndUtilitiesCosts`	$16.34M	USD	3 Qtrs
Communication and utilities	`DirectCommunicationsAndUtilitiesCosts`	$15.06M	USD	3 Qtrs
Communication and utilities	`DirectCommunicationsAndUtilitiesCosts`	$5.74M	USD	1 Quarter
Total operating expenses	`CostsAndExpenses`	$1.51B	USD	1 Quarter
Total operating expenses	`CostsAndExpenses`	$1.68B	USD	1 Quarter
Total operating expenses	`CostsAndExpenses`	$4.31B	USD	3 Qtrs
Total operating expenses	`CostsAndExpenses`	$4.72B	USD	3 Qtrs
Operating income	`OperatingIncomeLoss`	$477.98M	USD	3 Qtrs
Operating income	`OperatingIncomeLoss`	$164.97M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$526.66M	USD	3 Qtrs
Operating income	`OperatingIncomeLoss`	$182.98M	USD	1 Quarter
Net interest expense	`InterestExpense`	$8.31M	USD	1 Quarter
Net interest expense	`InterestExpense`	$19.35M	USD	3 Qtrs
Net interest expense	`InterestExpense`	$6.49M	USD	1 Quarter
Net interest expense	`InterestExpense`	$22.52M	USD	3 Qtrs
Earnings before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$507.31M	USD	3 Qtrs
Earnings before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$455.45M	USD	3 Qtrs
Earnings before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$156.66M	USD	1 Quarter
Earnings before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$176.49M	USD	1 Quarter
Income taxes	`IncomeTaxExpenseBenefit`	$56.28M	USD	1 Quarter
Income taxes	`IncomeTaxExpenseBenefit`	$192.78M	USD	3 Qtrs
Income taxes	`IncomeTaxExpenseBenefit`	$67.07M	USD	1 Quarter
Income taxes	`IncomeTaxExpenseBenefit`	$154.50M	USD	3 Qtrs
Net earnings	`NetIncomeLoss`	$100.39M	USD	1 Quarter
Net earnings	`NetIncomeLoss`	$109.42M	USD	1 Quarter
Net earnings	`NetIncomeLoss`	$300.96M	USD	3 Qtrs
Net earnings	`NetIncomeLoss`	$314.53M	USD	3 Qtrs
Weighted average basic shares outstanding (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	112.63M	shares	1 Quarter
Weighted average basic shares outstanding (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	112.79M	shares	3 Qtrs
Weighted average basic shares outstanding (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	109.70M	shares	1 Quarter
Weighted average basic shares outstanding (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	110.07M	shares	3 Qtrs
Basic earnings per share (in dollars per share)	`EarningsPerShareBasic`	$2.73	USD	3 Qtrs
Basic earnings per share (in dollars per share)	`EarningsPerShareBasic`	$0.92	USD	1 Quarter
Basic earnings per share (in dollars per share)	`EarningsPerShareBasic`	$0.97	USD	1 Quarter
Basic earnings per share (in dollars per share)	`EarningsPerShareBasic`	$2.79	USD	3 Qtrs
Weighted average diluted shares outstanding (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	113.71M	shares	3 Qtrs
Weighted average diluted shares outstanding (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	110.63M	shares	1 Quarter
Weighted average diluted shares outstanding (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	111.15M	shares	3 Qtrs
Weighted average diluted shares outstanding (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	113.36M	shares	1 Quarter
Diluted earnings per share (in dollars per share)	`EarningsPerShareDiluted`	$2.77	USD	3 Qtrs
Diluted earnings per share (in dollars per share)	`EarningsPerShareDiluted`	$0.91	USD	1 Quarter
Diluted earnings per share (in dollars per share)	`EarningsPerShareDiluted`	$2.71	USD	3 Qtrs
Diluted earnings per share (in dollars per share)	`EarningsPerShareDiluted`	$0.97	USD	1 Quarter
Dividends declared per common share (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$0.66	USD	3 Qtrs
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	Point-in-time
Dividends declared per common share (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$0.69	USD	3 Qtrs
Dividends declared per common share (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$0.23	USD	1 Quarter

Cash Flow Statement 68 line items

Line Item	Tag	Value	Unit	Period
Net earnings	`NetIncomeLoss`	$100.39M	USD	1 Quarter
Net earnings	`NetIncomeLoss`	$109.42M	USD	1 Quarter
Net earnings	`NetIncomeLoss`	$300.96M	USD	3 Qtrs
Net earnings	`NetIncomeLoss`	$314.53M	USD	3 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$95.96M	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$269.72M	USD	3 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$281.20M	USD	3 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$91.00M	USD	1 Quarter
Share-based compensation	`ShareBasedCompensation`	$30.17M	USD	3 Qtrs
Share-based compensation	`ShareBasedCompensation`	$30.95M	USD	3 Qtrs
(Gain)/Loss on sale of revenue equipment and other	`GainLossOnSaleOfPropertyPlantEquipment`	$-2.36M	USD	3 Qtrs
(Gain)/Loss on sale of revenue equipment and other	`GainLossOnSaleOfPropertyPlantEquipment`	$-5.72M	USD	3 Qtrs
Provision for deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$-9.15M	USD	3 Qtrs
Provision for deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$-43.80M	USD	3 Qtrs
Trade accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$113.43M	USD	3 Qtrs
Trade accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$118.40M	USD	3 Qtrs
Other assets	`IncreaseDecreaseInOtherOperatingAssets`	$-58.23M	USD	3 Qtrs
Other assets	`IncreaseDecreaseInOtherOperatingAssets`	$-50.32M	USD	3 Qtrs
Trade accounts payable	`IncreaseDecreaseInAccountsPayable`	$100.02M	USD	3 Qtrs
Trade accounts payable	`IncreaseDecreaseInAccountsPayable`	$56.83M	USD	3 Qtrs
Income taxes payable or receivable	`IncreaseDecreaseInIncomeTaxes`	$8.35M	USD	3 Qtrs
Income taxes payable or receivable	`IncreaseDecreaseInIncomeTaxes`	$73.51M	USD	3 Qtrs
Claims accruals	`IncreaseDecreaseInOtherAccruedLiabilities`	$22.00K	USD	3 Qtrs
Claims accruals	`IncreaseDecreaseInOtherAccruedLiabilities`	$7.90M	USD	3 Qtrs
Accrued payroll and other accrued expenses	`IncreaseDecreaseInAccruedLiabilities`	$-7.54M	USD	3 Qtrs
Accrued payroll and other accrued expenses	`IncreaseDecreaseInAccruedLiabilities`	$14.06M	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$683.96M	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$628.55M	USD	3 Qtrs
Additions to property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$498.91M	USD	3 Qtrs
Additions to property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$328.22M	USD	3 Qtrs
Net proceeds from sale of equipment	`ProceedsFromSaleOfMachineryAndEquipment`	$140.16M	USD	3 Qtrs
Net proceeds from sale of equipment	`ProceedsFromSaleOfMachineryAndEquipment`	$13.38M	USD	3 Qtrs
Business acquisition	`PaymentsToAcquireBusinessesNetOfCashAcquired`	-	USD	3 Qtrs
Business acquisition	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$137.63M	USD	3 Qtrs
Changes in other assets	`PaymentsForProceedsFromOtherInvestingActivities`	$17.00K	USD	3 Qtrs
Changes in other assets	`PaymentsForProceedsFromOtherInvestingActivities`	$3.64M	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-456.11M	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-358.77M	USD	3 Qtrs
Proceeds from revolving lines of credit and other	`ProceedsFromLinesOfCredit`	$2.11B	USD	3 Qtrs
Proceeds from revolving lines of credit and other	`ProceedsFromLinesOfCredit`	$1.09B	USD	3 Qtrs
Payments on revolving lines of credit and other	`RepaymentsOfLinesOfCredit`	$1.15B	USD	3 Qtrs
Payments on revolving lines of credit and other	`RepaymentsOfLinesOfCredit`	$2.01B	USD	3 Qtrs
Purchase of treasury stock	`PaymentsForRepurchaseOfCommonStock`	$174.76M	USD	3 Qtrs
Purchase of treasury stock	`PaymentsForRepurchaseOfCommonStock`	$179.81M	USD	3 Qtrs
Stock option exercises and other	`ProceedsFromStockOptionsExercisedAndOther`	$1.10M	USD	3 Qtrs
Stock option exercises and other	`ProceedsFromStockOptionsExercisedAndOther`	$1.34M	USD	3 Qtrs
Stock repurchased for payroll taxes	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$18.61M	USD	3 Qtrs
Stock repurchased for payroll taxes	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$19.17M	USD	3 Qtrs
Tax benefit of stock options exercised	`ExcessTaxBenefitFromShareBasedCompensationFinancingActivities`	$6.53M	USD	3 Qtrs
Tax benefit of stock options exercised	`ExcessTaxBenefitFromShareBasedCompensationFinancingActivities`	-	USD	3 Qtrs
Dividends paid	`PaymentsOfDividends`	$74.48M	USD	3 Qtrs
Dividends paid	`PaymentsOfDividends`	$76.12M	USD	3 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-325.28M	USD	3 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-171.11M	USD	3 Qtrs
Net change in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$1.33M	USD	3 Qtrs
Net change in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-85.00K	USD	3 Qtrs
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$6.38M	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`	$5.48M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$7.71M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$6.38M	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`	$5.48M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$7.71M	USD	Point-in-time
Interest	`InterestPaidNet`	$21.61M	USD	3 Qtrs
Interest	`InterestPaidNet`	$24.64M	USD	3 Qtrs
Income taxes	`IncomeTaxesPaid`	$187.31M	USD	3 Qtrs
Income taxes	`IncomeTaxesPaid`	$118.80M	USD	3 Qtrs

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