Forward Air Corporation Quarterly report pursuant to Section 13 or 15(d)

Quarterly report pursuant to Section 13 or 15(d)

Cover
- Cover Page
Financial Statements
Notes to Financial Statements
Accounting Policies
- Description of Business and Basis of Presentation (Policies)
Notes Tables
Notes Details

Discontinued Operation and Held for Sale - Narrative (Details)

v3.21.1

Discontinued Operation and Held for Sale - Narrative (Details) - USD ($) $ in Thousands		3 Months Ended
	Feb. 12, 2021	Mar. 31, 2021
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Proceeds from sale of business	$ 8,000
Earn-out based on earnings before interest, taxes, depreciation and amortization	$ 12,000
Involvment period	6 months
TSA monthly service charge		$ 171
Remittance payment, expense (up to)	$ 18,000
Reimbursement receivable period	60 days
Reimbursement receivable		13,339
Other Receivables
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Estimated fair value of the earn-out asset		3,508
Other Assets
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Estimated fair value of the earn-out asset		$ 3,459
Estimate of Fair Value Measurement
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Estimated fair value of the earn-out asset	$ 6,967

- Definition

Discontinued Operation, Amounts Of Material Contingent Assets Remaining

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Discontinued Operation, Continuing Involvement After Disposal, Revenue

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Discontinued Operation, Period Of Continuing Involvement After Disposal, Receivable

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Discontinued Operation, Period Of Continuing Involvement After Disposal, Reimbursement Period

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- Definition

Period of expected continuing involvement with a discontinued operation after the disposal date, in 'PnYnMnDTnHnMnS' format, for example, 'P1Y5M13D' represents the reported fact of one year, five months, and thirteen days.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 205
-SubTopic 20
-Section 50
-Paragraph 4B
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Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table.

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- Definition

Carrying amounts due as of the balance sheet date of the sum of amounts receivable other than from customers.

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-Publisher FASB
-Name Accounting Standards Codification
-Topic 210
-SubTopic 10
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The cash inflow associated with the amount received from the sale of a portion of the company's business, for example a segment, division, branch or other business, during the period.

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