10-K Filing

RXO, INC. CIK: 1929561 FY 2022

Filing Information

Form Type	10-K
Accession Number	`0001929561-23-000032`
Period End Date	20221231
Filing Date	20230224
Fiscal Year	2022
Fiscal Period	FY
XBRL Instance	rxo-20221231_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 78 Income Statement 51 Cash Flow Statement 74 Stockholders Equity 22 Comprehensive Income 15

Balance Sheet 78 line items

Line Item	Tag	Value	Unit	Period
Accounts receivable, allowance	`AllowanceForDoubtfulAccountsReceivableCurrent`	$9.00M	USD	Point-in-time
Accounts receivable, allowance	`AllowanceForDoubtfulAccountsReceivableCurrent`	$13.00M	USD	Point-in-time
Accumulated depreciation	`PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAccumulatedDepreciationAndAmortization`	$241.00M	USD	Point-in-time
Accumulated depreciation	`PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAccumulatedDepreciationAndAmortization`	$219.00M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$98.00M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$29.00M	USD	Point-in-time
Finite-lived intangible assets, accumulated amortization	`FiniteLivedIntangibleAssetsAccumulatedAmortization`	$106.00M	USD	Point-in-time
Finite-lived intangible assets, accumulated amortization	`FiniteLivedIntangibleAssetsAccumulatedAmortization`	$217.00M	USD	Point-in-time
Accounts receivable, net of allowances of $13 and $9, respectively	`AccountsReceivableNetCurrent`	$1.01B	USD	Point-in-time
Preferred stock, par value (in dollars per share)	`PreferredStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Accounts receivable, net of allowances of $13 and $9, respectively	`AccountsReceivableNetCurrent`	$900.00M	USD	Point-in-time
Preferred stock, shares authorized (in shares)	`PreferredStockSharesAuthorized`	10.00M	shares	Point-in-time
Other current assets	`OtherAssetsCurrent`	$31.00M	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$44.00M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$1.03B	USD	Point-in-time
Total current assets	`AssetsCurrent`	$1.08B	USD	Point-in-time
Preferred stock, shares issued (in shares)	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Property and equipment, net of $241 and $219 in accumulated depreciation, respectively	`PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAfterAccumulatedDepreciationAndAmortization`	$111.00M	USD	Point-in-time
Property and equipment, net of $241 and $219 in accumulated depreciation, respectively	`PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAfterAccumulatedDepreciationAndAmortization`	$119.00M	USD	Point-in-time
Preferred stock, shares outstanding (in shares)	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Operating lease assets	`OperatingLeaseRightOfUseAsset`	$128.00M	USD	Point-in-time
Operating lease assets	`OperatingLeaseRightOfUseAsset`	$159.00M	USD	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	300.00M	shares	Point-in-time
Goodwill	`Goodwill`	$630.00M	USD	Point-in-time
Goodwill	`Goodwill`	$630.00M	USD	Point-in-time
Common stock, shares, issued (in shares)	`CommonStockSharesIssued`	116.40M	shares	Point-in-time
Identifiable intangible assets, net of $106 and $217 in accumulated amortization, respectively	`IntangibleAssetsNetExcludingGoodwill`	$100.00M	USD	Point-in-time
Identifiable intangible assets, net of $106 and $217 in accumulated amortization, respectively	`IntangibleAssetsNetExcludingGoodwill`	$79.00M	USD	Point-in-time
Other long-term assets	`OtherAssetsNoncurrent`	$15.00M	USD	Point-in-time
Other long-term assets	`OtherAssetsNoncurrent`	$16.00M	USD	Point-in-time
Common stock, shares, outstanding (in shares)	`CommonStockSharesOutstanding`	116.40M	shares	Point-in-time
Total long-term assets	`AssetsNoncurrent`	$1.00B	USD	Point-in-time
Total long-term assets	`AssetsNoncurrent`	$985.00M	USD	Point-in-time
Total assets	`Assets`	$2.03B	USD	Point-in-time
Total assets	`Assets`	$2.07B	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$520.00M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$501.00M	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$256.00M	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$248.00M	USD	Point-in-time
Current maturities of long-term debt	`DebtCurrent`	$4.00M	USD	Point-in-time
Current maturities of long-term debt	`DebtCurrent`	-	USD	Point-in-time
Short-term operating lease liabilities	`OperatingLeaseLiabilityCurrent`	$42.00M	USD	Point-in-time
Short-term operating lease liabilities	`OperatingLeaseLiabilityCurrent`	$48.00M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$6.00M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$14.00M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$823.00M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$816.00M	USD	Point-in-time
Long-term debt and obligations under finance leases - carrying value	`LongTermDebtAndCapitalLeaseObligations`	$451.00M	USD	Point-in-time
Long-term debt and obligations under finance leases - carrying value	`LongTermDebtAndCapitalLeaseObligations`	-	USD	Point-in-time
Deferred tax liability	`DeferredIncomeTaxLiabilitiesNet`	$52.00M	USD	Point-in-time
Deferred tax liability	`DeferredIncomeTaxLiabilitiesNet`	$16.00M	USD	Point-in-time
Long-term operating lease liabilities	`OperatingLeaseLiabilityNoncurrent`	$114.00M	USD	Point-in-time
Long-term operating lease liabilities	`OperatingLeaseLiabilityNoncurrent`	$93.00M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$40.00M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$37.00M	USD	Point-in-time
Total long-term liabilities	`LiabilitiesNoncurrent`	$621.00M	USD	Point-in-time
Total long-term liabilities	`LiabilitiesNoncurrent`	$182.00M	USD	Point-in-time
Commitments and Contingencies (Note 14)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and Contingencies (Note 14)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Preferred stock, $0.01 par value; 10,000 shares authorized; 0 shares issued and outstanding as of December 31, 2022	`PreferredStockValue`	-	USD	Point-in-time
Preferred stock, $0.01 par value; 10,000 shares authorized; 0 shares issued and outstanding as of December 31, 2022	`PreferredStockValue`	-	USD	Point-in-time
Common stock, $0.01 par value; 300,000 shares authorized; 116,400 shares issued and outstanding as of December 31, 2022	`CommonStockValue`	-	USD	Point-in-time
Common stock, $0.01 par value; 300,000 shares authorized; 116,400 shares issued and outstanding as of December 31, 2022	`CommonStockValue`	$1.00M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$588.00M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	-	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$2.00M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	-	USD	Point-in-time
XPO investment	`NetParentInvestment`	$1.07B	USD	Point-in-time
XPO investment	`NetParentInvestment`	-	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-4.00M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-2.00M	USD	Point-in-time
Total equity	`StockholdersEquity`	$1.07B	USD	Point-in-time
Total equity	`StockholdersEquity`	$1.07B	USD	Point-in-time
Total equity	`StockholdersEquity`	$587.00M	USD	Point-in-time
Total equity	`StockholdersEquity`	$979.00M	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$2.03B	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$2.07B	USD	Point-in-time

Income Statement 51 line items

Line Item	Tag	Value	Unit	Period
Revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$4.80B	USD	Annual
Revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$3.36B	USD	Annual
Revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$4.69B	USD	Annual
Cost of transportation and services (exclusive of depreciation and amortization)	`CostOfGoodsAndServiceExcludingDepreciationDepletionAndAmortization`	$3.62B	USD	Annual
Cost of transportation and services (exclusive of depreciation and amortization)	`CostOfGoodsAndServiceExcludingDepreciationDepletionAndAmortization`	$3.68B	USD	Annual
Cost of transportation and services (exclusive of depreciation and amortization)	`CostOfGoodsAndServiceExcludingDepreciationDepletionAndAmortization`	$2.57B	USD	Annual
Direct operating expense (exclusive of depreciation and amortization)	`DirectOperatingExpenseExcludingDepreciationDepletionAndAmortization`	$226.00M	USD	Annual
Direct operating expense (exclusive of depreciation and amortization)	`DirectOperatingExpenseExcludingDepreciationDepletionAndAmortization`	$192.00M	USD	Annual
Direct operating expense (exclusive of depreciation and amortization)	`DirectOperatingExpenseExcludingDepreciationDepletionAndAmortization`	$174.00M	USD	Annual
Sales, general and administrative expense	`SellingGeneralAndAdministrativeExpense`	$539.00M	USD	Annual
Sales, general and administrative expense	`SellingGeneralAndAdministrativeExpense`	$455.00M	USD	Annual
Sales, general and administrative expense	`SellingGeneralAndAdministrativeExpense`	$640.00M	USD	Annual
Depreciation and amortization expense	`DepreciationDepletionAndAmortization`	$81.00M	USD	Annual
Depreciation and amortization expense	`DepreciationDepletionAndAmortization`	$76.00M	USD	Annual
Depreciation and amortization expense	`DepreciationDepletionAndAmortization`	$86.00M	USD	Annual
Transaction and integration costs	`TransactionAndIntegrationCosts`	$14.00M	USD	Annual
Transaction and integration costs	`TransactionAndIntegrationCosts`	$2.00M	USD	Annual
Transaction and integration costs	`TransactionAndIntegrationCosts`	$84.00M	USD	Annual
Restructuring costs	`RestructuringCosts`	$2.00M	USD	Annual
Restructuring costs	`RestructuringCosts`	$13.00M	USD	Annual
Restructuring costs	`RestructuringCosts`	$10.00M	USD	Annual
Operating income	`OperatingIncomeLoss`	$123.00M	USD	Annual
Operating income	`OperatingIncomeLoss`	$192.00M	USD	Annual
Operating income	`OperatingIncomeLoss`	$60.00M	USD	Annual
Other expense	`OtherNonoperatingExpense`	$3.00M	USD	Annual
Other expense	`OtherNonoperatingExpense`	$1.00M	USD	Annual
Other expense	`OtherNonoperatingExpense`	-	USD	Annual
Interest expense, net	`InterestIncomeExpenseNonoperatingNet`	-	USD	Annual
Interest expense, net	`InterestIncomeExpenseNonoperatingNet`	$-4.00M	USD	Annual
Interest expense, net	`InterestIncomeExpenseNonoperatingNet`	-	USD	Annual
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$57.00M	USD	Annual
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$119.00M	USD	Annual
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$191.00M	USD	Annual
Income tax provision	`IncomeTaxExpenseBenefit`	$27.00M	USD	Annual
Income tax provision	`IncomeTaxExpenseBenefit`	$41.00M	USD	Annual
Income tax provision	`IncomeTaxExpenseBenefit`	$14.00M	USD	Annual
Net income	`NetIncomeLoss`	$92.00M	USD	Annual
Net income	`NetIncomeLoss`	$150.00M	USD	Annual
Net income	`NetIncomeLoss`	$43.00M	USD	Annual
Earnings per share, basic (in dollars per share)	`EarningsPerShareBasic`	$0.80	USD	Annual
Earnings per share, basic (in dollars per share)	`EarningsPerShareBasic`	$1.30	USD	Annual
Earnings per share, basic (in dollars per share)	`EarningsPerShareBasic`	$0.37	USD	Annual
Diluted earnings per share (in dollars per share)	`EarningsPerShareDiluted`	$0.79	USD	Annual
Diluted earnings per share (in dollars per share)	`EarningsPerShareDiluted`	$1.30	USD	Annual
Diluted earnings per share (in dollars per share)	`EarningsPerShareDiluted`	$0.37	USD	Annual
Number of shares outstanding, basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	115.33M	shares	Annual
Number of shares outstanding, basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	115.16M	shares	Annual
Number of shares outstanding, basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	115.16M	shares	Annual
Number of shares outstanding, diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	115.16M	shares	Annual
Number of shares outstanding, diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	115.16M	shares	Annual
Number of shares outstanding, diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	115.79M	shares	Annual

Cash Flow Statement 74 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$92.00M	USD	Annual
Net income	`NetIncomeLoss`	$150.00M	USD	Annual
Net income	`NetIncomeLoss`	$43.00M	USD	Annual
Depreciation and amortization expense	`DepreciationDepletionAndAmortization`	$81.00M	USD	Annual
Depreciation and amortization expense	`DepreciationDepletionAndAmortization`	$76.00M	USD	Annual
Depreciation and amortization expense	`DepreciationDepletionAndAmortization`	$86.00M	USD	Annual
Stock compensation expense	`ShareBasedCompensation`	$8.00M	USD	Annual
Stock compensation expense	`ShareBasedCompensation`	$32.00M	USD	Annual
Stock compensation expense	`ShareBasedCompensation`	$8.00M	USD	Annual
Deferred tax expense	`DeferredIncomeTaxExpenseBenefit`	$3.00M	USD	Annual
Deferred tax expense	`DeferredIncomeTaxExpenseBenefit`	$-9.00M	USD	Annual
Deferred tax expense	`DeferredIncomeTaxExpenseBenefit`	$-20.00M	USD	Annual
Other	`OtherNoncashIncomeExpense`	$-6.00M	USD	Annual
Other	`OtherNoncashIncomeExpense`	$-14.00M	USD	Annual
Other	`OtherNoncashIncomeExpense`	$-3.00M	USD	Annual
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$264.00M	USD	Annual
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$242.00M	USD	Annual
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-92.00M	USD	Annual
Other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-14.00M	USD	Annual
Other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$4.00M	USD	Annual
Other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$5.00M	USD	Annual
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$87.00M	USD	Annual
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$129.00M	USD	Annual
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-14.00M	USD	Annual
Accrued expenses and other liabilities	`IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities`	$27.00M	USD	Annual
Accrued expenses and other liabilities	`IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities`	$75.00M	USD	Annual
Accrued expenses and other liabilities	`IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities`	$22.00M	USD	Annual
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$25.00M	USD	Annual
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$310.00M	USD	Annual
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$155.00M	USD	Annual
Payment for purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$47.00M	USD	Annual
Payment for purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$57.00M	USD	Annual
Payment for purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$39.00M	USD	Annual
Proceeds from sale of property and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$1.00M	USD	Annual
Proceeds from sale of property and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$1.00M	USD	Annual
Proceeds from sale of property and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$8.00M	USD	Annual
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-56.00M	USD	Annual
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-39.00M	USD	Annual
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-38.00M	USD	Annual
Proceeds from issuance of debt	`ProceedsFromIssuanceOfDebt`	-	USD	Annual
Proceeds from issuance of debt	`ProceedsFromIssuanceOfDebt`	$451.00M	USD	Annual
Proceeds from issuance of debt	`ProceedsFromIssuanceOfDebt`	-	USD	Annual
Payment for debt issuance costs	`PaymentsOfDebtIssuanceCosts`	-	USD	Annual
Payment for debt issuance costs	`PaymentsOfDebtIssuanceCosts`	$9.00M	USD	Annual
Payment for debt issuance costs	`PaymentsOfDebtIssuanceCosts`	-	USD	Annual
Payment for tax withholdings related to vesting of stock compensation awards	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	-	USD	Annual
Payment for tax withholdings related to vesting of stock compensation awards	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$3.00M	USD	Annual
Payment for tax withholdings related to vesting of stock compensation awards	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	-	USD	Annual
Net transfers (to) from XPO	`PaymentsToProceedsFromParentFinancingActivities`	$159.00M	USD	Annual
Net transfers (to) from XPO	`PaymentsToProceedsFromParentFinancingActivities`	$621.00M	USD	Annual
Net transfers (to) from XPO	`PaymentsToProceedsFromParentFinancingActivities`	$-32.00M	USD	Annual
Other	`ProceedsFromPaymentsForOtherFinancingActivities`	$-1.00M	USD	Annual
Other	`ProceedsFromPaymentsForOtherFinancingActivities`	-	USD	Annual
Other	`ProceedsFromPaymentsForOtherFinancingActivities`	$1.00M	USD	Annual
Net cash (used in) provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-158.00M	USD	Annual
Net cash (used in) provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-183.00M	USD	Annual
Net cash (used in) provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$32.00M	USD	Annual
Effect of exchange rates on cash, cash equivalents and restricted cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.00M	USD	Annual
Effect of exchange rates on cash, cash equivalents and restricted cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	-	USD	Annual
Effect of exchange rates on cash, cash equivalents and restricted cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-2.00M	USD	Annual
Net increase (decrease) in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-41.00M	USD	Annual
Net increase (decrease) in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$19.00M	USD	Annual
Net increase (decrease) in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$69.00M	USD	Annual
Cash, cash equivalents and restricted cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$70.00M	USD	Point-in-time
Cash, cash equivalents and restricted cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$29.00M	USD	Point-in-time
Cash, cash equivalents and restricted cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$98.00M	USD	Point-in-time
Cash, cash equivalents and restricted cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$51.00M	USD	Point-in-time
Cash, cash equivalents and restricted cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$70.00M	USD	Point-in-time
Cash, cash equivalents and restricted cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$29.00M	USD	Point-in-time
Cash, cash equivalents and restricted cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$98.00M	USD	Point-in-time
Cash, cash equivalents and restricted cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$51.00M	USD	Point-in-time
Cash paid for income taxes	`IncomeTaxesPaid`	$5.00M	USD	Annual
Cash paid for income taxes	`IncomeTaxesPaid`	$2.00M	USD	Annual
Cash paid for income taxes	`IncomeTaxesPaid`	$3.00M	USD	Annual

Stockholders Equity 22 line items

Line Item	Tag	Value	Unit	Period
Beginning balance	`StockholdersEquity`	$1.07B	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$1.07B	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$587.00M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$979.00M	USD	Point-in-time
Net income	`NetIncomeLoss`	$92.00M	USD	Annual
Net income	`NetIncomeLoss`	$150.00M	USD	Annual
Net income	`NetIncomeLoss`	$43.00M	USD	Annual
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	-	USD	Annual
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$1.00M	USD	Annual
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-2.00M	USD	Annual
Stock compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationAndExerciseOfStockOptions`	$8.00M	USD	Annual
Stock compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationAndExerciseOfStockOptions`	$8.00M	USD	Annual
Stock compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationAndExerciseOfStockOptions`	$32.00M	USD	Annual
Tax withholdings related to vesting of stock compensation awards	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$3.00M	USD	Annual
Net transfers from XPO	`NetTransfersToParent`	$-37.00M	USD	Annual
Net transfers from XPO	`NetTransfersToParent`	$156.00M	USD	Annual
Net transfers from XPO	`NetTransfersToParent`	$602.00M	USD	Annual
Ending balance (in shares)	`CommonStockSharesOutstanding`	116.40M	shares	Point-in-time
Ending balance	`StockholdersEquity`	$1.07B	USD	Point-in-time
Ending balance	`StockholdersEquity`	$1.07B	USD	Point-in-time
Ending balance	`StockholdersEquity`	$587.00M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$979.00M	USD	Point-in-time

Comprehensive Income 15 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$92.00M	USD	Annual
Net income	`NetIncomeLoss`	$150.00M	USD	Annual
Foreign currency translation adjustment, tax, portion attributable to parent	`OtherComprehensiveIncomeForeignCurrencyTranslationAdjustmentTaxPortionAttributableToParent`	-	USD	Annual
Foreign currency translation adjustment, tax, portion attributable to parent	`OtherComprehensiveIncomeForeignCurrencyTranslationAdjustmentTaxPortionAttributableToParent`	-	USD	Annual
Foreign currency translation adjustment, tax, portion attributable to parent	`OtherComprehensiveIncomeForeignCurrencyTranslationAdjustmentTaxPortionAttributableToParent`	-	USD	Annual
Net income	`NetIncomeLoss`	$43.00M	USD	Annual
Foreign currency translation gain (loss), net of tax effect of $, $ and $	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	-	USD	Annual
Foreign currency translation gain (loss), net of tax effect of $, $ and $	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$-2.00M	USD	Annual
Foreign currency translation gain (loss), net of tax effect of $, $ and $	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$1.00M	USD	Annual
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	-	USD	Annual
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$1.00M	USD	Annual
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-2.00M	USD	Annual
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$90.00M	USD	Annual
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$150.00M	USD	Annual
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$44.00M	USD	Annual

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