What does dedicated trucking — goodwill mean?

The net value of intangible assets attributed to the dedicated trucking segment from past acquisitions.

How do you interpret dedicated trucking — goodwill?

A stable or decreasing balance is expected; a sudden decrease indicates an impairment charge due to poor segment performance.

How does dedicated trucking — goodwill compare across companies?

Standard accounting entry for segments acquired through M&A, comparable across all public companies.

Knight-Swift Transportation Holdings Inc. KNX Dedicated Trucking — Goodwill

Discontinued — last reported Q1 '18

Similar metrics at other companies

XPO

XPOTransportation — Goodwill

$726M0.0%

RDedicated Transportation Solutions — Goodwill Acquired

$46.5M—

PAGRetail commercial truck dealership — Goodwill

$500.3M+0.6%

TRMBTransportation — Goodwill

$2.4B+144%

RDedicated Transportation Solutions — Goodwill

$40.81M0.0%

PAGRetail Commercial Truck Dealership — Goodwill Acquired

$10.98M-61.1%

Other financials

Income statement

See full

Revenue$1.9B+1.4%

Operating income$28.6M-57.1%

Net income-$1.3M-104%

EPS (diluted)-$0.01-105%

Balance sheet

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Cash & equivalents$299.6M-14.2%

Total debt$3.1B+4.5%

Total equity$7.1B-0.9%

Total assets$11.9B-5.2%

Cash flow

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Operating cash flow$142.5M+30.3%

CapEx$130.0M+6.5%

Free cash flow$12.5M+199%

Valuation

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Market cap$12.05B+32.8%

Enterprise value$14.8B+25.9%

P/E168.7×-509×

P/S1.6×+0.4×

Profitability

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Operating margin2.4%-1.5pp

Net margin1.9%+1.3pp

FCF margin6.6%—

Returns & leverage

See full

Return on equity2%+1.3pp

Debt / equity0.4×0.0×

Current ratio0.7×-0.2×

Where this comes from

Reported directly by Knight-Swift Transportation Holdings Inc. in its filing.

Tagged under the XBRL concept us-gaap:Goodwill.

The official record: Knight-Swift Transportation Holdings Inc.’s 10-Q, filed May 9, 2018, on SEC EDGAR. View the filing →

Questions, answered.

What does dedicated trucking — goodwill mean?: The net value of intangible assets attributed to the dedicated trucking segment from past acquisitions.
How do you interpret dedicated trucking — goodwill?: A stable or decreasing balance is expected; a sudden decrease indicates an impairment charge due to poor segment performance.
How does dedicated trucking — goodwill compare across companies?: Standard accounting entry for segments acquired through M&A, comparable across all public companies.