Quarterly report pursuant to Section 13 or 15(d)

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

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Net (Loss) 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, 2024
Jun. 30, 2023
Mar. 31, 2023
Jun. 30, 2024
Jun. 30, 2023
Numerator:          
Net (loss) income from continuing operations $ (640,557) $ 17,127   $ (702,269) $ 51,031
Net (loss) income from discontinued operation (4,876) 2,824   (4,876) 5,288
Net (loss) income attributable to Forward Air (645,433) 19,951 $ 36,368 (707,145) 56,319
Dividends allocated to Opco C-2 Preferred Units 0   0 0
Income allocated to participating securities from continuing operations 0 (104)   0 (268)
Income allocated to participating securities from discontinued operation 0 (17)   0 (28)
Income allocated to participating securities 0 (121)   0 (296)
Numerator for basic net (loss) income per share for continuing operations (624,201) 17,023   (729,919) 50,763
Numerator for diluted net (loss) income per share for continuing operations (624,201) 17,023   (729,919) 50,763
Numerator for basic net income per share for discontinued operation (4,876) 2,807   (4,876) 5,260
Numerator for diluted net income per share for discontinued operation $ (4,876) $ 2,807   $ (4,876) $ 5,260
Denominator:          
Denominator for basic net (loss) income per share - weighted-average number of common shares outstanding (in shares) 26,803 25,935   26,513 26,144
Dilutive stock options and performance share awards (in shares) 0 100   0 114
Denominator for diluted net (loss) income per share - weighted-average number of common shares and common share equivalents outstanding (in shares) 26,803 26,035   26,513 26,258
Basic net (loss) income per share attributable to Forward Air:          
Continuing operations (in dollars per share) $ (23.29) $ 0.65   $ (27.53) $ 1.94
Discontinued operation (in dollars per share) (0.18) 0.11   (0.18) 0.20
Net (loss) income per basic share (in dollars per share) (23.47) 0.76   (27.71) 2.14
Diluted net (loss) income per share attributable to Forward Air:          
Continuing operations (in dollars per share) (23.29) 0.65   (27.53) 1.93
Discontinued operation (in dollars per share) (0.18) 0.11   (0.18) 0.20
Net (loss) income per diluted share (in dollars per share) $ (23.47) $ 0.76   $ (27.71) $ 2.13