10-Q Filing

FORWARD AIR CORP CIK: 912728 Q3 2023

Filing Information

Form Type	10-Q
Accession Number	`0001628280-23-038332`
Period End Date	20230930
Filing Date	20231109
Fiscal Year	2023
Fiscal Period	Q3
XBRL Instance	fwrd-20230930_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 84 Income Statement 81 Cash Flow Statement 68 Stockholders Equity 54

Balance Sheet 84 line items

Line Item	Tag	Value	Unit	Period
Cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$37.32M	USD	Point-in-time
Accounts receivable, allowance	`AllowanceForDoubtfulAccountsReceivableCurrent`	$3.16M	USD	Point-in-time
Cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$18.84M	USD	Point-in-time
Cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$46.85M	USD	Point-in-time
Cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$45.82M	USD	Point-in-time
Accounts receivable, allowance	`AllowanceForDoubtfulAccountsReceivableCurrent`	$2.85M	USD	Point-in-time
Property and equipment, accumulated depreciation and amortization	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$243.03M	USD	Point-in-time
Accounts receivable, less allowance of $2,852 in 2023 and $3,158 in 2022	`AccountsReceivableNetCurrent`	$221.03M	USD	Point-in-time
Property and equipment, accumulated depreciation and amortization	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$220.67M	USD	Point-in-time
Accounts receivable, less allowance of $2,852 in 2023 and $3,158 in 2022	`AccountsReceivableNetCurrent`	$191.76M	USD	Point-in-time
Other acquired intangibles, accumulated amortization	`FiniteLivedIntangibleAssetsAccumulatedAmortization`	$136.80M	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$37.47M	USD	Point-in-time
Other acquired intangibles, accumulated amortization	`FiniteLivedIntangibleAssetsAccumulatedAmortization`	$123.33M	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$27.13M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$304.31M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$237.73M	USD	Point-in-time
Property and equipment, net of accumulated depreciation and amortization of $243,032 in 2023 and $220,669 in 2022	`PropertyPlantAndEquipmentNet`	$249.08M	USD	Point-in-time
Property and equipment, net of accumulated depreciation and amortization of $243,032 in 2023 and $220,669 in 2022	`PropertyPlantAndEquipmentNet`	$258.25M	USD	Point-in-time
Preferred stock, par value (in dollars per share)	`PreferredStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$134.73M	USD	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$141.87M	USD	Point-in-time
Preferred stock, par value (in dollars per share)	`PreferredStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Preferred stock, authorized shares (in shares)	`PreferredStockSharesAuthorized`	5.00M	shares	Point-in-time
Goodwill	`Goodwill`	$306.18M	USD	Point-in-time
Goodwill	`Goodwill`	$356.76M	USD	Point-in-time
Preferred stock, authorized shares (in shares)	`PreferredStockSharesAuthorized`	5.00M	shares	Point-in-time
Preferred stock, issued shares (in shares)	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Other acquired intangibles, net of accumulated amortization of $136,802 in 2023 and $123,325 in 2022	`IntangibleAssetsNetExcludingGoodwill`	$146.71M	USD	Point-in-time
Preferred stock, issued shares (in shares)	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Other acquired intangibles, net of accumulated amortization of $136,802 in 2023 and $123,325 in 2022	`IntangibleAssetsNetExcludingGoodwill`	$154.80M	USD	Point-in-time
Preferred stock, outstanding shares (in shares)	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Other assets	`OtherAssets`	$51.83M	USD	Point-in-time
Other assets	`OtherAssets`	$56.40M	USD	Point-in-time
Preferred stock, outstanding shares (in shares)	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Total assets	`Assets`	$1.19B	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Total assets	`Assets`	$1.21B	USD	Point-in-time
Common stock, authorized shares (in shares)	`CommonStockSharesAuthorized`	50.00M	shares	Point-in-time
Common stock, authorized shares (in shares)	`CommonStockSharesAuthorized`	50.00M	shares	Point-in-time
Common stock, issued shares (in shares)	`CommonStockSharesIssued`	25.66M	shares	Point-in-time
Common stock, issued shares (in shares)	`CommonStockSharesIssued`	26.46M	shares	Point-in-time
Common stock, outstanding shares (in shares)	`CommonStockSharesOutstanding`	25.66M	shares	Point-in-time
Common stock, outstanding shares (in shares)	`CommonStockSharesOutstanding`	26.46M	shares	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$45.70M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$54.60M	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$54.29M	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$56.55M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$21.62M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$3.96M	USD	Point-in-time
Current portion of debt and finance lease obligations	`LongTermDebtAndCapitalLeaseObligationsCurrent`	$15.05M	USD	Point-in-time
Current portion of debt and finance lease obligations	`LongTermDebtAndCapitalLeaseObligationsCurrent`	$9.44M	USD	Point-in-time
Current portion of operating lease liabilities	`OperatingLeaseLiabilityCurrent`	$51.52M	USD	Point-in-time
Current portion of operating lease liabilities	`OperatingLeaseLiabilityCurrent`	$47.11M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$169.40M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$190.44M	USD	Point-in-time
Finance lease obligations, less current portion	`FinanceLeaseLiabilityNoncurrent`	$23.39M	USD	Point-in-time
Finance lease obligations, less current portion	`FinanceLeaseLiabilityNoncurrent`	$15.84M	USD	Point-in-time
Long-term debt, less current portion and debt issuance costs	`LongTermDebtNoncurrent`	$118.86M	USD	Point-in-time
Long-term debt, less current portion and debt issuance costs	`LongTermDebtNoncurrent`	$106.59M	USD	Point-in-time
Operating lease liabilities, less current portion	`OperatingLeaseLiabilityNoncurrent`	$87.94M	USD	Point-in-time
Operating lease liabilities, less current portion	`OperatingLeaseLiabilityNoncurrent`	$98.86M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$50.97M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$59.04M	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxLiabilitiesNet`	$51.09M	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxLiabilitiesNet`	$53.29M	USD	Point-in-time
Preferred stock, $0.01 par value: Authorized shares - 5,000,000; no shares issued or outstanding in 2023 and 2022	`PreferredStockValue`	-	USD	Point-in-time
Preferred stock, $0.01 par value: Authorized shares - 5,000,000; no shares issued or outstanding in 2023 and 2022	`PreferredStockValue`	-	USD	Point-in-time
Common stock, $0.01 par value: Authorized shares - 50,000,000; issued and outstanding shares - 25,662,063 in 2023 and 26,461,293 in 2022	`CommonStockValue`	$257.00K	USD	Point-in-time
Common stock, $0.01 par value: Authorized shares - 50,000,000; issued and outstanding shares - 25,662,063 in 2023 and 26,461,293 in 2022	`CommonStockValue`	$265.00K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$280.64M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$270.86M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$384.80M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$436.12M	USD	Point-in-time
Total shareholders equity	`StockholdersEquity`	$707.24M	USD	Point-in-time
Total shareholders equity	`StockholdersEquity`	$664.35M	USD	Point-in-time
Total shareholders equity	`StockholdersEquity`	$685.63M	USD	Point-in-time
Total shareholders equity	`StockholdersEquity`	$665.70M	USD	Point-in-time
Total shareholders equity	`StockholdersEquity`	$611.77M	USD	Point-in-time
Total shareholders equity	`StockholdersEquity`	$673.61M	USD	Point-in-time
Total shareholders equity	`StockholdersEquity`	$682.70M	USD	Point-in-time
Total shareholders equity	`StockholdersEquity`	$593.65M	USD	Point-in-time
Total liabilities and shareholders equity	`LiabilitiesAndStockholdersEquity`	$1.21B	USD	Point-in-time
Total liabilities and shareholders equity	`LiabilitiesAndStockholdersEquity`	$1.19B	USD	Point-in-time

Income Statement 81 line items

Line Item	Tag	Value	Unit	Period
Operating revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$510.02M	USD	1 Quarter
Operating revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$1.24B	USD	3 Qtrs
Operating revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$1.49B	USD	3 Qtrs
Operating revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$413.45M	USD	1 Quarter
Purchased transportation	`OperatingCostsAndExpenses`	$229.33M	USD	1 Quarter
Purchased transportation	`OperatingCostsAndExpenses`	$557.63M	USD	3 Qtrs
Purchased transportation	`OperatingCostsAndExpenses`	$693.65M	USD	3 Qtrs
Purchased transportation	`OperatingCostsAndExpenses`	$190.77M	USD	1 Quarter
Salaries, wages and employee benefits	`LaborAndRelatedExpense`	$254.37M	USD	3 Qtrs
Salaries, wages and employee benefits	`LaborAndRelatedExpense`	$263.19M	USD	3 Qtrs
Salaries, wages and employee benefits	`LaborAndRelatedExpense`	$90.75M	USD	1 Quarter
Salaries, wages and employee benefits	`LaborAndRelatedExpense`	$88.16M	USD	1 Quarter
Operating leases	`OperatingLeaseExpense`	$22.66M	USD	1 Quarter
Operating leases	`OperatingLeaseExpense`	$76.09M	USD	3 Qtrs
Operating leases	`OperatingLeaseExpense`	$71.10M	USD	3 Qtrs
Operating leases	`OperatingLeaseExpense`	$24.96M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$15.51M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$43.65M	USD	3 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$34.99M	USD	3 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$12.27M	USD	1 Quarter
Insurance and claims	`OperatingInsuranceAndClaimsCostsProduction`	$40.77M	USD	3 Qtrs
Insurance and claims	`OperatingInsuranceAndClaimsCostsProduction`	$12.09M	USD	1 Quarter
Insurance and claims	`OperatingInsuranceAndClaimsCostsProduction`	$37.26M	USD	3 Qtrs
Insurance and claims	`OperatingInsuranceAndClaimsCostsProduction`	$13.63M	USD	1 Quarter
Fuel expense	`FuelCosts`	$6.77M	USD	1 Quarter
Fuel expense	`FuelCosts`	$16.98M	USD	3 Qtrs
Fuel expense	`FuelCosts`	$20.95M	USD	3 Qtrs
Fuel expense	`FuelCosts`	$5.92M	USD	1 Quarter
Other operating expenses	`OtherCostAndExpenseOperating`	$62.18M	USD	1 Quarter
Other operating expenses	`OtherCostAndExpenseOperating`	$166.50M	USD	3 Qtrs
Other operating expenses	`OtherCostAndExpenseOperating`	$61.32M	USD	1 Quarter
Other operating expenses	`OtherCostAndExpenseOperating`	$157.00M	USD	3 Qtrs
Total operating expenses	`CostsAndExpenses`	$438.36M	USD	1 Quarter
Total operating expenses	`CostsAndExpenses`	$397.95M	USD	1 Quarter
Total operating expenses	`CostsAndExpenses`	$1.15B	USD	3 Qtrs
Total operating expenses	`CostsAndExpenses`	$1.29B	USD	3 Qtrs
Income from operations	`OperatingIncomeLoss`	$71.67M	USD	1 Quarter
Income from operations	`OperatingIncomeLoss`	$96.21M	USD	3 Qtrs
Income from operations	`OperatingIncomeLoss`	$15.49M	USD	1 Quarter
Income from operations	`OperatingIncomeLoss`	$204.56M	USD	3 Qtrs
Interest expense, net	`InterestExpense`	$1.54M	USD	1 Quarter
Interest expense, net	`InterestExpense`	$2.65M	USD	1 Quarter
Interest expense, net	`InterestExpense`	$3.52M	USD	3 Qtrs
Interest expense, net	`InterestExpense`	$7.59M	USD	3 Qtrs
Total other expense	`NonoperatingIncomeExpense`	$-7.59M	USD	3 Qtrs
Total other expense	`NonoperatingIncomeExpense`	$-3.52M	USD	3 Qtrs
Total other expense	`NonoperatingIncomeExpense`	$-1.54M	USD	1 Quarter
Total other expense	`NonoperatingIncomeExpense`	$-2.65M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$201.04M	USD	3 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$12.84M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$88.62M	USD	3 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$70.12M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$17.99M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$50.79M	USD	3 Qtrs
Income tax expense	`IncomeTaxExpenseBenefit`	$3.55M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$23.01M	USD	3 Qtrs
Net income and comprehensive income	`NetIncomeLoss`	$65.61M	USD	3 Qtrs
Net income and comprehensive income	`NetIncomeLoss`	$19.95M	USD	1 Quarter
Net income and comprehensive income	`NetIncomeLoss`	$150.25M	USD	3 Qtrs
Net income and comprehensive income	`NetIncomeLoss`	$9.29M	USD	1 Quarter
Net income and comprehensive income	`NetIncomeLoss`	$42.69M	USD	1 Quarter
Net income and comprehensive income	`NetIncomeLoss`	$55.43M	USD	1 Quarter
Net income and comprehensive income	`NetIncomeLoss`	$52.13M	USD	1 Quarter
Net income and comprehensive income	`NetIncomeLoss`	$36.37M	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$1.94	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$5.56	USD	3 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.36	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$2.51	USD	3 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$5.53	USD	3 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$2.50	USD	3 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.36	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$1.93	USD	1 Quarter
Dividends per share (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$0.24	USD	1 Quarter
Dividends per share (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$0.24	USD	1 Quarter
Dividends per share (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$0.24	USD	1 Quarter
Dividends per share (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$0.72	USD	3 Qtrs
Dividends per share (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$0.72	USD	3 Qtrs
Dividends per share (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$0.24	USD	1 Quarter
Dividends per share (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$0.24	USD	1 Quarter
Dividends per share (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$0.24	USD	1 Quarter
Dividends per share (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$0.24	USD	1 Quarter

Cash Flow Statement 68 line items

Line Item	Tag	Value	Unit	Period
Net income from operations	`IncomeLossFromContinuingOperations`	$150.25M	USD	3 Qtrs
Net income from operations	`IncomeLossFromContinuingOperations`	$65.61M	USD	3 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$15.51M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$43.65M	USD	3 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$34.99M	USD	3 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$12.27M	USD	1 Quarter
Change in fair value of earn-out liability	`FairValueOptionChangesInFairValueGainLoss1`	$294.00K	USD	3 Qtrs
Change in fair value of earn-out liability	`FairValueOptionChangesInFairValueGainLoss1`	-	USD	3 Qtrs
Share-based compensation expense	`ShareBasedCompensation`	$9.35M	USD	3 Qtrs
Share-based compensation expense	`ShareBasedCompensation`	$8.74M	USD	3 Qtrs
Provision for revenue adjustments	`ProvisionForOtherLosses`	$8.31M	USD	3 Qtrs
Provision for revenue adjustments	`ProvisionForOtherLosses`	$7.30M	USD	3 Qtrs
Deferred income tax expense	`DeferredIncomeTaxExpenseBenefit`	$2.20M	USD	3 Qtrs
Deferred income tax expense	`DeferredIncomeTaxExpenseBenefit`	$1.96M	USD	3 Qtrs
Other	`OtherOperatingActivitiesCashFlowStatement`	$964.00K	USD	3 Qtrs
Other	`OtherOperatingActivitiesCashFlowStatement`	$417.00K	USD	3 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsAndNotesReceivable`	$43.17M	USD	3 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsAndNotesReceivable`	$-18.87M	USD	3 Qtrs
Other receivables	`IncreaseDecreaseInOtherReceivables`	-	USD	3 Qtrs
Other receivables	`IncreaseDecreaseInOtherReceivables`	$-8.10M	USD	3 Qtrs
Other current and noncurrent assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-6.74M	USD	3 Qtrs
Other current and noncurrent assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-4.21M	USD	3 Qtrs
Accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$21.77M	USD	3 Qtrs
Accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$6.26M	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$196.81M	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$159.43M	USD	3 Qtrs
Proceeds from sale of property and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$3.27M	USD	3 Qtrs
Proceeds from sale of property and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$1.42M	USD	3 Qtrs
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$23.42M	USD	3 Qtrs
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$25.40M	USD	3 Qtrs
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$6.73M	USD	1 Quarter
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$5.84M	USD	1 Quarter
Purchase of a business, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$40.43M	USD	3 Qtrs
Purchase of a business, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$56.70M	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-76.85M	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-64.41M	USD	3 Qtrs
Repayments of finance lease obligations	`FinanceLeasePrincipalPayments`	$4.21M	USD	3 Qtrs
Repayments of finance lease obligations	`FinanceLeasePrincipalPayments`	$6.94M	USD	3 Qtrs
Proceeds from credit facility	`ProceedsFromLongTermLinesOfCredit`	$45.00M	USD	3 Qtrs
Proceeds from credit facility	`ProceedsFromLongTermLinesOfCredit`	-	USD	3 Qtrs
Payments on credit facility	`RepaymentsOfLongTermLinesOfCredit`	$48.62M	USD	3 Qtrs
Payments on credit facility	`RepaymentsOfLongTermLinesOfCredit`	$31.12M	USD	3 Qtrs
Payment of earn-out liability	`PaymentForContingentConsiderationLiabilityFinancingActivities`	-	USD	3 Qtrs
Payment of earn-out liability	`PaymentForContingentConsiderationLiabilityFinancingActivities`	$91.00K	USD	3 Qtrs
Proceeds from issuance of common stock upon stock option exercises	`ProceedsFromStockOptionsExercised`	-	USD	3 Qtrs
Proceeds from issuance of common stock upon stock option exercises	`ProceedsFromStockOptionsExercised`	$206.00K	USD	3 Qtrs
Payments of dividends to shareholders	`PaymentsOfDividends`	$18.80M	USD	3 Qtrs
Payments of dividends to shareholders	`PaymentsOfDividends`	$19.46M	USD	3 Qtrs
Repurchases and retirement of common stock	`PaymentsForRepurchaseOfCommonStock`	$93.81M	USD	3 Qtrs
Repurchases and retirement of common stock	`PaymentsForRepurchaseOfCommonStock`	$47.77M	USD	3 Qtrs
Proceeds from common stock issued under employee stock purchase plan	`ProceedsFromIssuanceOfCommonStock`	$374.00K	USD	3 Qtrs
Proceeds from common stock issued under employee stock purchase plan	`ProceedsFromIssuanceOfCommonStock`	$421.00K	USD	3 Qtrs
Payment of minimum tax withholdings on share-based awards	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$4.32M	USD	3 Qtrs
Payment of minimum tax withholdings on share-based awards	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$3.29M	USD	3 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-122.87M	USD	3 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-109.56M	USD	3 Qtrs
Net increase (decrease) in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$9.53M	USD	3 Qtrs
Net increase (decrease) in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-26.98M	USD	3 Qtrs
Cash and cash equivalents at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$37.32M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$18.84M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$46.85M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$45.82M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$37.32M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$18.84M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$46.85M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$45.82M	USD	Point-in-time
Equipment acquired under finance leases	`EquipmentAcquiredUnderFinanceLeases`	$18.39M	USD	3 Qtrs
Equipment acquired under finance leases	`EquipmentAcquiredUnderFinanceLeases`	$7.58M	USD	3 Qtrs

Stockholders Equity 54 line items

Line Item	Tag	Value	Unit	Period
Beginning balance (in shares)	`CommonStockSharesOutstanding`	25.66M	shares	Point-in-time
Beginning balance (in shares)	`CommonStockSharesOutstanding`	26.46M	shares	Point-in-time
Beginning balance	`StockholdersEquity`	$707.24M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$664.35M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$685.63M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$665.70M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$611.77M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$673.61M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$682.70M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$593.65M	USD	Point-in-time
Net income	`NetIncomeLoss`	$65.61M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$19.95M	USD	1 Quarter
Net income	`NetIncomeLoss`	$150.25M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$9.29M	USD	1 Quarter
Net income	`NetIncomeLoss`	$42.69M	USD	1 Quarter
Net income	`NetIncomeLoss`	$55.43M	USD	1 Quarter
Net income	`NetIncomeLoss`	$52.13M	USD	1 Quarter
Net income	`NetIncomeLoss`	$36.37M	USD	1 Quarter
Stock options exercised	`StockIssuedDuringPeriodValueStockOptionsExercised`	$206.00K	USD	1 Quarter
Common stock issued under employee stock purchase plan	`StockIssuedDuringPeriodValueEmployeeStockPurchasePlan`	$374.00K	USD	1 Quarter
Common stock issued under employee stock purchase plan	`StockIssuedDuringPeriodValueEmployeeStockPurchasePlan`	$421.00K	USD	1 Quarter
Share-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$3.15M	USD	1 Quarter
Share-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$3.31M	USD	1 Quarter
Share-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$3.04M	USD	1 Quarter
Share-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$2.76M	USD	1 Quarter
Share-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$2.68M	USD	1 Quarter
Share-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$3.16M	USD	1 Quarter
Payment of dividends to shareholders	`DividendsCommonStockCash`	$6.20M	USD	1 Quarter
Payment of dividends to shareholders	`DividendsCommonStockCash`	$6.34M	USD	1 Quarter
Payment of dividends to shareholders	`DividendsCommonStockCash`	$6.49M	USD	1 Quarter
Payment of dividends to shareholders	`DividendsCommonStockCash`	$6.50M	USD	1 Quarter
Payment of dividends to shareholders	`DividendsCommonStockCash`	$6.25M	USD	1 Quarter
Payment of dividends to shareholders	`DividendsCommonStockCash`	$6.47M	USD	1 Quarter
Payment of minimum tax withholdings on share-based awards	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$39.00K	USD	1 Quarter
Payment of minimum tax withholdings on share-based awards	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$4.29M	USD	1 Quarter
Payment of minimum tax withholdings on share-based awards	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$23.00K	USD	1 Quarter
Payment of minimum tax withholdings on share-based awards	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$3.25M	USD	1 Quarter
Repurchases and retirement of common stock	`StockRepurchasedAndRetiredDuringPeriodValue`	$29.99M	USD	1 Quarter
Repurchases and retirement of common stock	`StockRepurchasedAndRetiredDuringPeriodValue`	$29.30M	USD	1 Quarter
Repurchases and retirement of common stock	`StockRepurchasedAndRetiredDuringPeriodValue`	$17.78M	USD	1 Quarter
Repurchases and retirement of common stock	`StockRepurchasedAndRetiredDuringPeriodValue`	$50.49M	USD	1 Quarter
Repurchases and retirement of common stock	`StockRepurchasedAndRetiredDuringPeriodValue`	$14.02M	USD	1 Quarter
Issuance of share-based awards	`StockIssuedDuringPeriodValueRestrictedStockAwardGross`	-	USD	1 Quarter
Issuance of share-based awards	`StockIssuedDuringPeriodValueRestrictedStockAwardGross`	-	USD	1 Quarter
Ending balance (in shares)	`CommonStockSharesOutstanding`	25.66M	shares	Point-in-time
Ending balance (in shares)	`CommonStockSharesOutstanding`	26.46M	shares	Point-in-time
Ending balance	`StockholdersEquity`	$707.24M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$664.35M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$685.63M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$665.70M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$611.77M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$673.61M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$682.70M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$593.65M	USD	Point-in-time

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