Quarterly report pursuant to Section 13 or 15(d)

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

v3.23.3
Net Income Per Share - Basic and Diluted Net Income Per Share (Details) - USD ($)
$ / shares in Units, shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2023
Jun. 30, 2023
Mar. 31, 2023
Sep. 30, 2022
Jun. 30, 2022
Mar. 31, 2022
Sep. 30, 2023
Sep. 30, 2022
Numerator:                
Net income attributable to Forward Air $ 9,288 $ 19,951 $ 36,368 $ 52,133 $ 55,430 $ 42,686 $ 65,607 $ 150,249
Income allocated to participating securities (57)     (325)     (357) (838)
Numerator for basic net income per share 9,231     51,808     65,250 149,411
Numerator for diluted net income per share $ 9,231     $ 51,808     $ 65,250 $ 149,411
Denominator:                
Denominator for basic net income per share - weighted-average number of common shares outstanding (in shares) 25,697     26,769     25,995 26,864
Dilutive stock options and performance share awards (in shares) 74     133     101 135
Denominator for diluted net income per share - weighted-average number of common shares and common share equivalents outstanding (in shares) 25,771     26,902     26,096 26,999
Net income per share:                
Basic (in dollars per share) $ 0.36     $ 1.94     $ 2.51 $ 5.56
Net income per share:                
Diluted (in dollars per share) $ 0.36     $ 1.93     $ 2.50 $ 5.53