10-Q Filing
Filing Information
| Form Type | 10-Q |
| Accession Number | 0001437749-23-011573 |
| Period End Date | 20230331 |
| Filing Date | 20230428 |
| Fiscal Year | 2023 |
| Fiscal Period | Q1 |
| XBRL Instance | jbht20230331_10q_htm.xml |
Filing Contents
This filing contains the following financial statements:
Balance Sheet
44 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$51.93M | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$52.60M | USD | Point-in-time |
| Trade accounts receivable, net |
AccountsReceivableNetCurrent
|
$1.38B | USD | Point-in-time |
| Trade accounts receivable, net |
AccountsReceivableNetCurrent
|
$1.53B | USD | Point-in-time |
| Prepaid expenses and other |
PrepaidExpenseAndOtherAssetsCurrent
|
$553.43M | USD | Point-in-time |
| Prepaid expenses and other |
PrepaidExpenseAndOtherAssetsCurrent
|
$631.78M | USD | Point-in-time |
| Total current assets |
AssetsCurrent
|
$2.21B | USD | Point-in-time |
| Total current assets |
AssetsCurrent
|
$1.99B | USD | Point-in-time |
| Property and equipment, at cost |
PropertyPlantAndEquipmentGross
|
$8.16B | USD | Point-in-time |
| Property and equipment, at cost |
PropertyPlantAndEquipmentGross
|
$8.00B | USD | Point-in-time |
| Less accumulated depreciation |
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
|
$2.97B | USD | Point-in-time |
| Less accumulated depreciation |
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
|
$3.02B | USD | Point-in-time |
| Net property and equipment |
PropertyPlantAndEquipmentNet
|
$5.20B | USD | Point-in-time |
| Net property and equipment |
PropertyPlantAndEquipmentNet
|
$4.98B | USD | Point-in-time |
| Goodwill and intangible assets, net |
IntangibleAssetsNetIncludingGoodwill
|
$231.52M | USD | Point-in-time |
| Goodwill and intangible assets, net |
IntangibleAssetsNetIncludingGoodwill
|
$236.39M | USD | Point-in-time |
| Other assets |
OtherAssetsNoncurrent
|
$358.60M | USD | Point-in-time |
| Other assets |
OtherAssetsNoncurrent
|
$372.16M | USD | Point-in-time |
| Total assets |
Assets
|
$7.79B | USD | Point-in-time |
| Total assets |
Assets
|
$7.79B | USD | Point-in-time |
| Current portion of long-term debt |
LongTermDebtCurrent
|
$249.78M | USD | Point-in-time |
| Current portion of long-term debt |
LongTermDebtCurrent
|
- | USD | Point-in-time |
| Trade accounts payable |
AccountsPayableTradeCurrent
|
$798.78M | USD | Point-in-time |
| Trade accounts payable |
AccountsPayableTradeCurrent
|
$749.77M | USD | Point-in-time |
| Claims accruals |
SelfInsuranceReserveCurrent
|
$452.15M | USD | Point-in-time |
| Claims accruals |
SelfInsuranceReserveCurrent
|
$485.62M | USD | Point-in-time |
| Accrued payroll |
EmployeeRelatedLiabilitiesCurrent
|
$96.96M | USD | Point-in-time |
| Accrued payroll |
EmployeeRelatedLiabilitiesCurrent
|
$188.25M | USD | Point-in-time |
| Other accrued expenses |
OtherAccruedLiabilitiesCurrent
|
$121.44M | USD | Point-in-time |
| Other accrued expenses |
OtherAccruedLiabilitiesCurrent
|
$129.05M | USD | Point-in-time |
| Total current liabilities |
LiabilitiesCurrent
|
$1.57B | USD | Point-in-time |
| Total current liabilities |
LiabilitiesCurrent
|
$1.70B | USD | Point-in-time |
| Long-term debt |
LongTermDebtNoncurrent
|
$991.71M | USD | Point-in-time |
| Long-term debt |
LongTermDebtNoncurrent
|
$1.26B | USD | Point-in-time |
| Other long-term liabilities |
OtherLiabilitiesNoncurrent
|
$375.76M | USD | Point-in-time |
| Other long-term liabilities |
OtherLiabilitiesNoncurrent
|
$369.31M | USD | Point-in-time |
| Deferred income taxes |
DeferredIncomeTaxLiabilitiesNet
|
$920.53M | USD | Point-in-time |
| Deferred income taxes |
DeferredIncomeTaxLiabilitiesNet
|
$921.98M | USD | Point-in-time |
| Stockholders' equity |
StockholdersEquity
|
$3.25B | USD | Point-in-time |
| Stockholders' equity |
StockholdersEquity
|
$3.12B | USD | Point-in-time |
| Stockholders' equity |
StockholdersEquity
|
$3.80B | USD | Point-in-time |
| Stockholders' equity |
StockholdersEquity
|
$3.67B | USD | Point-in-time |
| Total liabilities and stockholders' equity |
LiabilitiesAndStockholdersEquity
|
$7.79B | USD | Point-in-time |
| Total liabilities and stockholders' equity |
LiabilitiesAndStockholdersEquity
|
$7.79B | USD | Point-in-time |
Income Statement
40 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Operating revenues, excluding fuel surcharge revenues |
RevenueFromContractWithCustomerIncludingAssessedTax
|
$3.49B | USD | 1 Quarter |
| Operating revenues, excluding fuel surcharge revenues |
RevenueFromContractWithCustomerIncludingAssessedTax
|
$3.23B | USD | 1 Quarter |
| Rents and purchased transportation |
RentsAndPurchasedTransportation
|
$1.84B | USD | 1 Quarter |
| Rents and purchased transportation |
RentsAndPurchasedTransportation
|
$1.47B | USD | 1 Quarter |
| Salaries, wages and employee benefits |
LaborAndRelatedExpense
|
$763.59M | USD | 1 Quarter |
| Salaries, wages and employee benefits |
LaborAndRelatedExpense
|
$825.00M | USD | 1 Quarter |
| Fuel and fuel taxes |
FuelCosts
|
$189.47M | USD | 1 Quarter |
| Fuel and fuel taxes |
FuelCosts
|
$195.83M | USD | 1 Quarter |
| Depreciation and amortization |
DepreciationAndAmortization
|
$148.76M | USD | 1 Quarter |
| Depreciation and amortization |
DepreciationAndAmortization
|
$175.81M | USD | 1 Quarter |
| Operating supplies and expenses |
OperatingSuppliesAndExpenses
|
$106.94M | USD | 1 Quarter |
| Operating supplies and expenses |
OperatingSuppliesAndExpenses
|
$128.36M | USD | 1 Quarter |
| Insurance and claims |
OperatingInsuranceAndClaimsCostsProduction
|
$70.33M | USD | 1 Quarter |
| Insurance and claims |
OperatingInsuranceAndClaimsCostsProduction
|
$46.13M | USD | 1 Quarter |
| General and administrative expenses, net of asset dispositions |
GeneralAndAdministrativeExpense
|
$37.45M | USD | 1 Quarter |
| General and administrative expenses, net of asset dispositions |
GeneralAndAdministrativeExpense
|
$60.40M | USD | 1 Quarter |
| Operating taxes and licenses |
DirectTaxesAndLicensesCosts
|
$15.75M | USD | 1 Quarter |
| Operating taxes and licenses |
DirectTaxesAndLicensesCosts
|
$18.11M | USD | 1 Quarter |
| Communication and utilities |
DirectCommunicationsAndUtilitiesCosts
|
$10.46M | USD | 1 Quarter |
| Communication and utilities |
DirectCommunicationsAndUtilitiesCosts
|
$8.87M | USD | 1 Quarter |
| Total operating expenses |
CostsAndExpenses
|
$2.95B | USD | 1 Quarter |
| Total operating expenses |
CostsAndExpenses
|
$3.15B | USD | 1 Quarter |
| Operating income |
OperatingIncomeLoss
|
$334.29M | USD | 1 Quarter |
| Operating income |
OperatingIncomeLoss
|
$277.49M | USD | 1 Quarter |
| Net interest expense |
InterestExpense
|
$12.59M | USD | 1 Quarter |
| Net interest expense |
InterestExpense
|
$14.79M | USD | 1 Quarter |
| Earnings before income taxes |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
$262.70M | USD | 1 Quarter |
| Earnings before income taxes |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
$321.71M | USD | 1 Quarter |
| Income taxes |
IncomeTaxExpenseBenefit
|
$78.38M | USD | 1 Quarter |
| Income taxes |
IncomeTaxExpenseBenefit
|
$64.93M | USD | 1 Quarter |
| Net earnings |
NetIncomeLoss
|
$243.32M | USD | 1 Quarter |
| Net earnings |
NetIncomeLoss
|
$197.77M | USD | 1 Quarter |
| Weighted average basic shares outstanding (in shares) |
WeightedAverageNumberOfSharesOutstandingBasic
|
103.72M | shares | 1 Quarter |
| Weighted average basic shares outstanding (in shares) |
WeightedAverageNumberOfSharesOutstandingBasic
|
104.89M | shares | 1 Quarter |
| Basic earnings per share (in dollars per share) |
EarningsPerShareBasic
|
$1.91 | USD | 1 Quarter |
| Basic earnings per share (in dollars per share) |
EarningsPerShareBasic
|
$2.32 | USD | 1 Quarter |
| Weighted average diluted shares outstanding (in shares) |
WeightedAverageNumberOfDilutedSharesOutstanding
|
104.73M | shares | 1 Quarter |
| Weighted average diluted shares outstanding (in shares) |
WeightedAverageNumberOfDilutedSharesOutstanding
|
106.08M | shares | 1 Quarter |
| Diluted earnings per share (in dollars per share) |
EarningsPerShareDiluted
|
$1.89 | USD | 1 Quarter |
| Diluted earnings per share (in dollars per share) |
EarningsPerShareDiluted
|
$2.29 | USD | 1 Quarter |
Cash Flow Statement
62 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Net earnings |
NetIncomeLoss
|
$243.32M | USD | 1 Quarter |
| Net earnings |
NetIncomeLoss
|
$197.77M | USD | 1 Quarter |
| Depreciation and amortization |
DepreciationDepletionAndAmortization
|
$175.81M | USD | 1 Quarter |
| Depreciation and amortization |
DepreciationDepletionAndAmortization
|
$148.76M | USD | 1 Quarter |
| Noncash lease expense |
OperatingLeaseRightOfUseAssetAmortizationExpense
|
$22.85M | USD | 1 Quarter |
| Noncash lease expense |
OperatingLeaseRightOfUseAssetAmortizationExpense
|
$18.46M | USD | 1 Quarter |
| Share-based compensation |
ShareBasedCompensation
|
$19.14M | USD | 1 Quarter |
| Share-based compensation |
ShareBasedCompensation
|
$19.25M | USD | 1 Quarter |
| (Gain)/loss on sale of revenue equipment and other |
GainLossOnSaleOfPropertyPlantEquipment
|
$-6.04M | USD | 1 Quarter |
| (Gain)/loss on sale of revenue equipment and other |
GainLossOnSaleOfPropertyPlantEquipment
|
$17.26M | USD | 1 Quarter |
| Deferred income taxes |
DeferredIncomeTaxExpenseBenefit
|
$1.45M | USD | 1 Quarter |
| Deferred income taxes |
DeferredIncomeTaxExpenseBenefit
|
$8.29M | USD | 1 Quarter |
| Trade accounts receivable |
IncreaseDecreaseInAccountsReceivable
|
$-145.18M | USD | 1 Quarter |
| Trade accounts receivable |
IncreaseDecreaseInAccountsReceivable
|
$232.92M | USD | 1 Quarter |
| Other assets |
IncreaseDecreaseInOtherOperatingAssets
|
$-35.73M | USD | 1 Quarter |
| Other assets |
IncreaseDecreaseInOtherOperatingAssets
|
$-52.89M | USD | 1 Quarter |
| Trade accounts payable |
IncreaseDecreaseInAccountsPayable
|
$86.96M | USD | 1 Quarter |
| Trade accounts payable |
IncreaseDecreaseInAccountsPayable
|
$-76.11M | USD | 1 Quarter |
| Income taxes payable or receivable |
IncreaseDecreaseInIncomeTaxes
|
$52.95M | USD | 1 Quarter |
| Income taxes payable or receivable |
IncreaseDecreaseInIncomeTaxes
|
$33.69M | USD | 1 Quarter |
| Claims accruals |
IncreaseDecreaseInSelfInsuranceReserve
|
$17.09M | USD | 1 Quarter |
| Claims accruals |
IncreaseDecreaseInSelfInsuranceReserve
|
$13.36M | USD | 1 Quarter |
| Accrued payroll and other accrued expenses |
IncreaseDecreaseInAccruedLiabilities
|
$-65.75M | USD | 1 Quarter |
| Accrued payroll and other accrued expenses |
IncreaseDecreaseInAccruedLiabilities
|
$-127.54M | USD | 1 Quarter |
| Net cash provided by operating activities |
NetCashProvidedByUsedInOperatingActivities
|
$291.79M | USD | 1 Quarter |
| Net cash provided by operating activities |
NetCashProvidedByUsedInOperatingActivities
|
$487.62M | USD | 1 Quarter |
| Additions to property and equipment |
PaymentsToAcquirePropertyPlantAndEquipment
|
$461.31M | USD | 1 Quarter |
| Additions to property and equipment |
PaymentsToAcquirePropertyPlantAndEquipment
|
$309.34M | USD | 1 Quarter |
| Net proceeds from sale of equipment |
ProceedsFromSaleOfMachineryAndEquipment
|
$81.48M | USD | 1 Quarter |
| Net proceeds from sale of equipment |
ProceedsFromSaleOfMachineryAndEquipment
|
$20.21M | USD | 1 Quarter |
| Business acquisition |
PaymentsToAcquireBusinessesNetOfCashAcquired
|
- | USD | 1 Quarter |
| Business acquisition |
PaymentsToAcquireBusinessesNetOfCashAcquired
|
$86.94M | USD | 1 Quarter |
| Net cash used in investing activities |
NetCashProvidedByUsedInInvestingActivities
|
$-379.83M | USD | 1 Quarter |
| Net cash used in investing activities |
NetCashProvidedByUsedInInvestingActivities
|
$-376.06M | USD | 1 Quarter |
| Proceeds from revolving lines of credit and other |
ProceedsFromLinesOfCredit
|
$945.40M | USD | 1 Quarter |
| Proceeds from revolving lines of credit and other |
ProceedsFromLinesOfCredit
|
- | USD | 1 Quarter |
| Payments on revolving lines of credit and other |
RepaymentsOfLinesOfCredit
|
$966.10M | USD | 1 Quarter |
| Payments on revolving lines of credit and other |
RepaymentsOfLinesOfCredit
|
- | USD | 1 Quarter |
| Purchase of treasury stock |
PaymentsForRepurchaseOfCommonStock
|
$75.02M | USD | 1 Quarter |
| Purchase of treasury stock |
PaymentsForRepurchaseOfCommonStock
|
$30.85M | USD | 1 Quarter |
| Stock repurchased for payroll taxes and other |
PaymentsForProceedsFromStockRepurchasesForPayrollTaxesAndOther
|
$9.78M | USD | 1 Quarter |
| Stock repurchased for payroll taxes and other |
PaymentsForProceedsFromStockRepurchasesForPayrollTaxesAndOther
|
$11.98M | USD | 1 Quarter |
| Dividends paid |
PaymentsOfDividends
|
$43.58M | USD | 1 Quarter |
| Dividends paid |
PaymentsOfDividends
|
$41.94M | USD | 1 Quarter |
| Net cash used in financing activities |
NetCashProvidedByUsedInFinancingActivities
|
$-107.11M | USD | 1 Quarter |
| Net cash used in financing activities |
NetCashProvidedByUsedInFinancingActivities
|
$-126.74M | USD | 1 Quarter |
| Net change in cash and cash equivalents |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
$-211.02M | USD | 1 Quarter |
| Net change in cash and cash equivalents |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
$677.00K | USD | 1 Quarter |
| Cash and cash equivalents at beginning of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
$144.53M | USD | Point-in-time |
| Cash and cash equivalents at beginning of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
$355.55M | USD | Point-in-time |
| Cash and cash equivalents at beginning of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
$51.93M | USD | Point-in-time |
| Cash and cash equivalents at beginning of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
$52.60M | USD | Point-in-time |
| Cash and cash equivalents at end of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
$144.53M | USD | Point-in-time |
| Cash and cash equivalents at end of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
$355.55M | USD | Point-in-time |
| Cash and cash equivalents at end of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
$51.93M | USD | Point-in-time |
| Cash and cash equivalents at end of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
$52.60M | USD | Point-in-time |
| Interest |
InterestPaidNet
|
$20.97M | USD | 1 Quarter |
| Interest |
InterestPaidNet
|
$24.58M | USD | 1 Quarter |
| Income taxes |
IncomeTaxesPaid
|
$22.15M | USD | 1 Quarter |
| Income taxes |
IncomeTaxesPaid
|
$7.46M | USD | 1 Quarter |
| Accruals for equipment received |
CapitalExpendituresIncurredButNotYetPaid
|
$52.20M | USD | 1 Quarter |
| Accruals for equipment received |
CapitalExpendituresIncurredButNotYetPaid
|
$134.58M | USD | 1 Quarter |
Stockholders Equity
20 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Common Stock, Dividends, Per Share, Cash Paid (in dollars per share) |
CommonStockDividendsPerShareCashPaid
|
$0.42 | USD | 1 Quarter |
| Common Stock, Dividends, Per Share, Cash Paid (in dollars per share) |
CommonStockDividendsPerShareCashPaid
|
$0.40 | USD | 1 Quarter |
| Balances |
StockholdersEquity
|
$3.25B | USD | Point-in-time |
| Balances |
StockholdersEquity
|
$3.12B | USD | Point-in-time |
| Balances |
StockholdersEquity
|
$3.80B | USD | Point-in-time |
| Balances |
StockholdersEquity
|
$3.67B | USD | Point-in-time |
| Net earnings |
NetIncomeLoss
|
$243.32M | USD | 1 Quarter |
| Net earnings |
NetIncomeLoss
|
$197.77M | USD | 1 Quarter |
| Cash dividend declared and paid |
DividendsCash
|
$43.58M | USD | 1 Quarter |
| Cash dividend declared and paid |
DividendsCash
|
$41.94M | USD | 1 Quarter |
| Purchase of treasury shares |
TreasuryStockValueAcquiredCostMethod
|
$75.02M | USD | 1 Quarter |
| Purchase of treasury shares |
TreasuryStockValueAcquiredCostMethod
|
$30.85M | USD | 1 Quarter |
| Share-based compensation |
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
$19.25M | USD | 1 Quarter |
| Share-based compensation |
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
$19.14M | USD | 1 Quarter |
| Restricted share issuances, net of stock repurchased for payroll taxes and other |
StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures
|
$-9.78M | USD | 1 Quarter |
| Restricted share issuances, net of stock repurchased for payroll taxes and other |
StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures
|
$-11.98M | USD | 1 Quarter |
| Balances |
StockholdersEquity
|
$3.25B | USD | Point-in-time |
| Balances |
StockholdersEquity
|
$3.12B | USD | Point-in-time |
| Balances |
StockholdersEquity
|
$3.80B | USD | Point-in-time |
| Balances |
StockholdersEquity
|
$3.67B | USD | Point-in-time |
Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.