Quarterly report pursuant to Section 13 or 15(d)

Net Income Per Share (Details)

v3.20.2
Net Income Per Share (Details) - USD ($)
$ / shares in Units, shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2020
Sep. 30, 2019
Sep. 30, 2020
Sep. 30, 2019
Earnings Per Share, Basic, Two Class Method [Abstract]        
Net income and comprehensive income from continuing operations $ 16,992 $ 21,054 $ 37,634 $ 59,987
Net (loss) income and comprehensive (loss) income from discontinued operations, Net of Tax, Attributable to Parent (345) 1,141 (9,458) 2,945
Net income attributable to Forward Air shareholders 16,647 22,195 28,176 62,932
Income allocated to participating securities (150) (236) (184) (696)
Numerator for basic and diluted net income per share for continuing operations 16,842 20,818 37,450 59,291
Numerator for basic and diluted net (loss) income per share for discontinued operations $ (345) $ 1,141 $ (9,458) $ 2,945
Denominator for basic income per share - weighted-average shares 27,559 27,981 27,732 28,286
Denominator for diluted income per share - adjusted weighted-average shares 27,606 28,082 27,789 28,393
Basic net income (loss) per share:        
Continuing operations (in dollars per share) $ 0.61 $ 0.74 $ 1.35 $ 2.10
Discontinued operations (in dollars per share) (0.01) 0.04 (0.34) 0.10
Net income per share (in dollars per share) 0.60 0.78 1.01 2.20
Diluted net income (loss) per share:        
Continuing operations (in dollars per share) 0.61 0.74 1.35 2.09
Discontinued operations (in dollars per share) (0.01) 0.04 (0.34) 0.10
Net income per share (in dollars per share) $ 0.60 $ 0.78 $ 1.01 $ 2.19
Total number anti-dilutive options, non-vested shares, and performance shares excluded from income per diluted share computation     350 188
Equity Option [Member]        
Earnings Per Share, Basic, Two Class Method [Abstract]        
Effect of dilutive stock options and non-vested shares 32 74 34 76
Diluted net income (loss) per share:        
Total number anti-dilutive options, non-vested shares, and performance shares excluded from income per diluted share computation     219 188
Key Employee Performance Share Based Plan [Member]        
Earnings Per Share, Basic, Two Class Method [Abstract]        
Effect of dilutive stock options and non-vested shares 15 27 23 31
Diluted net income (loss) per share:        
Total number anti-dilutive options, non-vested shares, and performance shares excluded from income per diluted share computation     31  
Nonvested Shares and Deferred Stock Units [Member]        
Diluted net income (loss) per share:        
Total number anti-dilutive options, non-vested shares, and performance shares excluded from income per diluted share computation     100