10-Q Filing

HUNT J B TRANSPORT SERVICES INC CIK: 728535 Q3 2018

Filing Information

Form Type	10-Q
Accession Number	`0001437749-18-018982`
Period End Date	20180930
Filing Date	20181029
Fiscal Year	2018
Fiscal Period	Q3
XBRL Instance	jbht-20180930.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 42 Income Statement 85 Cash Flow Statement 64

Balance Sheet 42 line items

Line Item	Tag	Value	Unit	Period
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$7.59M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$6.38M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$7.71M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$14.61M	USD	Point-in-time
Trade accounts receivable, net	`AccountsReceivableNetCurrent`	$920.77M	USD	Point-in-time
Trade accounts receivable, net	`AccountsReceivableNetCurrent`	$1.10B	USD	Point-in-time
Prepaid expenses and other	`PrepaidExpenseAndOtherAssetsCurrent`	$239.26M	USD	Point-in-time
Prepaid expenses and other	`PrepaidExpenseAndOtherAssetsCurrent`	$403.35M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$1.34B	USD	Point-in-time
Total current assets	`AssetsCurrent`	$1.34B	USD	Point-in-time
Property and equipment, at cost	`PropertyPlantAndEquipmentGross`	$4.67B	USD	Point-in-time
Property and equipment, at cost	`PropertyPlantAndEquipmentGross`	$5.06B	USD	Point-in-time
Less accumulated depreciation	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$1.82B	USD	Point-in-time
Less accumulated depreciation	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$1.69B	USD	Point-in-time
Net property and equipment	`PropertyPlantAndEquipmentNet`	$3.24B	USD	Point-in-time
Net property and equipment	`PropertyPlantAndEquipmentNet`	$2.98B	USD	Point-in-time
Other assets, net	`OtherAssetsNoncurrent`	$143.29M	USD	Point-in-time
Other assets, net	`OtherAssetsNoncurrent`	$137.68M	USD	Point-in-time
Total assets	`Assets`	$4.47B	USD	Point-in-time
Total assets	`Assets`	$4.72B	USD	Point-in-time
Current portion of long-term debt	`LongTermDebtCurrent`	$248.68M	USD	Point-in-time
Current portion of long-term debt	`LongTermDebtCurrent`	-	USD	Point-in-time
Trade accounts payable	`AccountsPayableTradeCurrent`	$569.45M	USD	Point-in-time
Trade accounts payable	`AccountsPayableTradeCurrent`	$598.59M	USD	Point-in-time
Claims accruals	`SelfInsuranceReserveCurrent`	$279.14M	USD	Point-in-time
Claims accruals	`SelfInsuranceReserveCurrent`	$251.98M	USD	Point-in-time
Accrued payroll	`EmployeeRelatedLiabilitiesCurrent`	$74.80M	USD	Point-in-time
Accrued payroll	`EmployeeRelatedLiabilitiesCurrent`	$42.38M	USD	Point-in-time
Other accrued expenses	`OtherAccruedLiabilitiesCurrent`	$40.59M	USD	Point-in-time
Other accrued expenses	`OtherAccruedLiabilitiesCurrent`	$28.89M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$921.84M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$1.21B	USD	Point-in-time
Long-term debt	`LongTermDebtNoncurrent`	$1.09B	USD	Point-in-time
Long-term debt	`LongTermDebtNoncurrent`	$820.86M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$89.14M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$76.66M	USD	Point-in-time
Deferred income taxes	`DeferredTaxLiabilitiesNoncurrent`	$518.43M	USD	Point-in-time
Deferred income taxes	`DeferredTaxLiabilitiesNoncurrent`	$541.87M	USD	Point-in-time
Stockholders' equity	`StockholdersEquity`	$2.08B	USD	Point-in-time
Stockholders' equity	`StockholdersEquity`	$1.84B	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$4.47B	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$4.72B	USD	Point-in-time

Income Statement 85 line items

Line Item	Tag	Value	Unit	Period
Operating revenues	`RevenueFromContractWithCustomerIncludingAssessedTax`	$5.20B	USD	3 Qtrs
Operating revenues	`RevenueFromContractWithCustomerIncludingAssessedTax`	$6.30B	USD	3 Qtrs
Operating revenues	`RevenueFromContractWithCustomerIncludingAssessedTax`	$1.84B	USD	1 Quarter
Operating revenues	`RevenueFromContractWithCustomerIncludingAssessedTax`	$2.21B	USD	1 Quarter
Rents and purchased transportation	`RentsAndPurchasedTransportation`	$1.13B	USD	1 Quarter
Rents and purchased transportation	`RentsAndPurchasedTransportation`	$3.16B	USD	3 Qtrs
Rents and purchased transportation	`RentsAndPurchasedTransportation`	$947.14M	USD	1 Quarter
Rents and purchased transportation	`RentsAndPurchasedTransportation`	$2.62B	USD	3 Qtrs
Salaries, wages and employee benefits	`LaborAndRelatedExpense`	$1.18B	USD	3 Qtrs
Salaries, wages and employee benefits	`LaborAndRelatedExpense`	$495.35M	USD	1 Quarter
Salaries, wages and employee benefits	`LaborAndRelatedExpense`	$408.34M	USD	1 Quarter
Salaries, wages and employee benefits	`LaborAndRelatedExpense`	$1.41B	USD	3 Qtrs
Fuel and fuel taxes	`FuelCosts`	$87.01M	USD	1 Quarter
Fuel and fuel taxes	`FuelCosts`	$246.72M	USD	3 Qtrs
Fuel and fuel taxes	`FuelCosts`	$341.40M	USD	3 Qtrs
Fuel and fuel taxes	`FuelCosts`	$117.98M	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$95.96M	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$108.80M	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$321.81M	USD	3 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$281.20M	USD	3 Qtrs
Operating supplies and expenses	`OperatingSuppliesAndExpenses`	$79.22M	USD	1 Quarter
Operating supplies and expenses	`OperatingSuppliesAndExpenses`	$226.35M	USD	3 Qtrs
Operating supplies and expenses	`OperatingSuppliesAndExpenses`	$190.09M	USD	3 Qtrs
Operating supplies and expenses	`OperatingSuppliesAndExpenses`	$67.58M	USD	1 Quarter
General and administrative expenses, net of asset dispositions	`GeneralAndAdministrativeExpense`	$42.45M	USD	1 Quarter
General and administrative expenses, net of asset dispositions	`GeneralAndAdministrativeExpense`	$29.39M	USD	1 Quarter
General and administrative expenses, net of asset dispositions	`GeneralAndAdministrativeExpense`	$112.08M	USD	3 Qtrs
General and administrative expenses, net of asset dispositions	`GeneralAndAdministrativeExpense`	$74.60M	USD	3 Qtrs
Insurance and claims	`OperatingInsuranceAndClaimsCostsProduction`	$26.46M	USD	1 Quarter
Insurance and claims	`OperatingInsuranceAndClaimsCostsProduction`	$45.59M	USD	1 Quarter
Insurance and claims	`OperatingInsuranceAndClaimsCostsProduction`	$102.46M	USD	3 Qtrs
Insurance and claims	`OperatingInsuranceAndClaimsCostsProduction`	$76.93M	USD	3 Qtrs
Operating taxes and licenses	`DirectTaxesAndLicensesCosts`	$32.33M	USD	3 Qtrs
Operating taxes and licenses	`DirectTaxesAndLicensesCosts`	$37.02M	USD	3 Qtrs
Operating taxes and licenses	`DirectTaxesAndLicensesCosts`	$10.74M	USD	1 Quarter
Operating taxes and licenses	`DirectTaxesAndLicensesCosts`	$13.20M	USD	1 Quarter
Communication and utilities	`DirectCommunicationsAndUtilitiesCosts`	$23.24M	USD	3 Qtrs
Communication and utilities	`DirectCommunicationsAndUtilitiesCosts`	$5.74M	USD	1 Quarter
Communication and utilities	`DirectCommunicationsAndUtilitiesCosts`	$16.34M	USD	3 Qtrs
Communication and utilities	`DirectCommunicationsAndUtilitiesCosts`	$7.09M	USD	1 Quarter
Total operating expenses	`CostsAndExpenses`	$2.04B	USD	1 Quarter
Total operating expenses	`CostsAndExpenses`	$4.72B	USD	3 Qtrs
Total operating expenses	`CostsAndExpenses`	$5.74B	USD	3 Qtrs
Total operating expenses	`CostsAndExpenses`	$1.68B	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$477.98M	USD	3 Qtrs
Operating income	`OperatingIncomeLoss`	$174.69M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$164.97M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$558.28M	USD	3 Qtrs
Net interest expense	`InterestExpense`	$9.96M	USD	1 Quarter
Net interest expense	`InterestExpense`	$28.97M	USD	3 Qtrs
Net interest expense	`InterestExpense`	$8.31M	USD	1 Quarter
Net interest expense	`InterestExpense`	$22.52M	USD	3 Qtrs
Earnings before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$156.66M	USD	1 Quarter
Earnings before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$455.45M	USD	3 Qtrs
Earnings before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$529.31M	USD	3 Qtrs
Earnings before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$164.73M	USD	1 Quarter
Income taxes	`IncomeTaxExpenseBenefit`	$128.41M	USD	3 Qtrs
Income taxes	`IncomeTaxExpenseBenefit`	$56.28M	USD	1 Quarter
Income taxes	`IncomeTaxExpenseBenefit`	$154.50M	USD	3 Qtrs
Income taxes	`IncomeTaxExpenseBenefit`	$33.62M	USD	1 Quarter
Net earnings	`NetIncomeLoss`	$100.39M	USD	1 Quarter
Net earnings	`NetIncomeLoss`	$131.11M	USD	1 Quarter
Net earnings	`NetIncomeLoss`	$300.96M	USD	3 Qtrs
Net earnings	`NetIncomeLoss`	$400.90M	USD	3 Qtrs
Weighted average basic shares outstanding (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	109.25M	shares	1 Quarter
Weighted average basic shares outstanding (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	110.07M	shares	3 Qtrs
Weighted average basic shares outstanding (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	109.70M	shares	1 Quarter
Weighted average basic shares outstanding (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	109.48M	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`	$1.20	USD	1 Quarter
Basic earnings per share (in dollars per share)	`EarningsPerShareBasic`	$3.66	USD	3 Qtrs
Basic earnings per share (in dollars per share)	`EarningsPerShareBasic`	$0.92	USD	1 Quarter
Weighted average diluted shares outstanding (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	110.23M	shares	1 Quarter
Weighted average diluted shares outstanding (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	111.15M	shares	3 Qtrs
Weighted average diluted shares outstanding (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	110.59M	shares	3 Qtrs
Weighted average diluted shares outstanding (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	110.63M	shares	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`	$1.19	USD	1 Quarter
Diluted earnings per share (in dollars per share)	`EarningsPerShareDiluted`	$0.91	USD	1 Quarter
Diluted earnings per share (in dollars per share)	`EarningsPerShareDiluted`	$3.63	USD	3 Qtrs
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`	$0.72	USD	3 Qtrs
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`	$0.24	USD	Point-in-time
Dividends declared per common share (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$0.24	USD	1 Quarter

Cash Flow Statement 64 line items

Line Item	Tag	Value	Unit	Period
Net earnings	`NetIncomeLoss`	$100.39M	USD	1 Quarter
Net earnings	`NetIncomeLoss`	$131.11M	USD	1 Quarter
Net earnings	`NetIncomeLoss`	$300.96M	USD	3 Qtrs
Net earnings	`NetIncomeLoss`	$400.90M	USD	3 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$281.20M	USD	3 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$321.81M	USD	3 Qtrs
Share-based compensation	`ShareBasedCompensation`	$30.95M	USD	3 Qtrs
Share-based compensation	`ShareBasedCompensation`	$37.18M	USD	3 Qtrs
Loss on sale of revenue equipment and other	`GainLossOnSaleOfPropertyPlantEquipment`	$-8.44M	USD	3 Qtrs
Loss on sale of revenue equipment and other	`GainLossOnSaleOfPropertyPlantEquipment`	$-5.72M	USD	3 Qtrs
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$-23.44M	USD	3 Qtrs
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$-43.80M	USD	3 Qtrs
Trade accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$174.87M	USD	3 Qtrs
Trade accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$113.43M	USD	3 Qtrs
Other assets	`IncreaseDecreaseInOtherOperatingAssets`	$-4.65M	USD	3 Qtrs
Other assets	`IncreaseDecreaseInOtherOperatingAssets`	$-58.23M	USD	3 Qtrs
Trade accounts payable	`IncreaseDecreaseInAccountsPayable`	$77.26M	USD	3 Qtrs
Trade accounts payable	`IncreaseDecreaseInAccountsPayable`	$100.02M	USD	3 Qtrs
Income taxes payable or receivable	`IncreaseDecreaseInIncomeTaxes`	$72.93M	USD	3 Qtrs
Income taxes payable or receivable	`IncreaseDecreaseInIncomeTaxes`	$8.35M	USD	3 Qtrs
Claims accruals	`IncreaseDecreaseInSelfInsuranceReserve`	$7.90M	USD	3 Qtrs
Claims accruals	`IncreaseDecreaseInSelfInsuranceReserve`	$25.04M	USD	3 Qtrs
Accrued payroll and other accrued expenses	`IncreaseDecreaseInAccruedLiabilities`	$-7.54M	USD	3 Qtrs
Accrued payroll and other accrued expenses	`IncreaseDecreaseInAccruedLiabilities`	$27.71M	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$777.60M	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$628.55M	USD	3 Qtrs
Additions to property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$676.10M	USD	3 Qtrs
Additions to property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$328.22M	USD	3 Qtrs
Net proceeds from sale of equipment	`ProceedsFromSaleOfMachineryAndEquipment`	$91.12M	USD	3 Qtrs
Net proceeds from sale of equipment	`ProceedsFromSaleOfMachineryAndEquipment`	$13.38M	USD	3 Qtrs
Business acquisition	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$137.63M	USD	3 Qtrs
Business acquisition	`PaymentsToAcquireBusinessesNetOfCashAcquired`	-	USD	3 Qtrs
Changes in other assets	`PaymentsForProceedsFromOtherInvestingActivities`	$3.64M	USD	3 Qtrs
Changes in other assets	`PaymentsForProceedsFromOtherInvestingActivities`	$1.28M	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-586.25M	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-456.11M	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`	$2.41B	USD	3 Qtrs
Payments on revolving lines of credit and other	`RepaymentsOfLinesOfCredit`	$2.01B	USD	3 Qtrs
Payments on revolving lines of credit and other	`RepaymentsOfLinesOfCredit`	$2.41B	USD	3 Qtrs
Purchase of treasury stock	`PaymentsForRepurchaseOfCommonStock`	$179.81M	USD	3 Qtrs
Purchase of treasury stock	`PaymentsForRepurchaseOfCommonStock`	$100.03M	USD	3 Qtrs
Stock repurchased for payroll taxes and other	`ProceedsFromStockRepurchasedForPayrollTaxesAndOther`	$-18.02M	USD	3 Qtrs
Stock repurchased for payroll taxes and other	`ProceedsFromStockRepurchasedForPayrollTaxesAndOther`	$-18.07M	USD	3 Qtrs
Dividends paid	`PaymentsOfDividends`	$76.12M	USD	3 Qtrs
Dividends paid	`PaymentsOfDividends`	$78.78M	USD	3 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-198.37M	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`	$-7.03M	USD	3 Qtrs
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$7.59M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$6.38M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$7.71M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$14.61M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$7.59M	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`	$7.71M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$14.61M	USD	Point-in-time
Interest	`InterestPaidNet`	$24.64M	USD	3 Qtrs
Interest	`InterestPaidNet`	$31.48M	USD	3 Qtrs
Income taxes	`IncomeTaxesPaid`	$187.31M	USD	3 Qtrs
Income taxes	`IncomeTaxesPaid`	$81.33M	USD	3 Qtrs
Accruals for equipment received	`CapitalExpendituresIncurredButNotYetPaid`	$30.84M	USD	3 Qtrs
Accruals for equipment received	`CapitalExpendituresIncurredButNotYetPaid`	$22.98M	USD	3 Qtrs

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