Quarterly report pursuant to Section 13 or 15(d)

Net Income Per Share - Basic and Diluted Net Income Per Share (Details)

v3.23.2
Net Income Per Share - Basic and Diluted Net Income Per Share (Details) - USD ($)
$ / shares in Units, shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2023
Mar. 31, 2023
Jun. 30, 2022
Mar. 31, 2022
Jun. 30, 2023
Jun. 30, 2022
Numerator:            
Net income attributable to Forward Air $ 19,951 $ 36,368 $ 55,430 $ 42,686 $ 56,319 $ 98,116
Income allocated to participating securities (121)   (346)   (296) (541)
Numerator for basic net income per share 19,830   55,084   56,023 97,575
Numerator for diluted net income per share $ 19,830   $ 55,084   $ 56,023 $ 97,575
Denominator:            
Denominator for basic net income per share - weighted-average number of common shares outstanding (in shares) 25,935   26,869   26,144 26,911
Dilutive stock options and performance share awards (in shares) 100   120   114 136
Denominator for diluted net income per share - weighted-average number of common shares and common share equivalents outstanding (in shares) 26,035   26,989   26,258 27,047
Net income per share:            
Basic (in dollars per share) $ 0.76   $ 2.05   $ 2.14 $ 3.63
Net income per share:            
Diluted (in dollars per share) $ 0.76   $ 2.04   $ 2.13 $ 3.61